Technology: Difference between revisions
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'''Technology''' can be defined as knowledge or information which tell us how an end can be achieved by the employment of combinations of various means.<ref>[[Ludwig von Mises]]. [ | '''Technology''' can be defined as knowledge or information which tell us how an end can be achieved by the employment of combinations of various means.<ref>[[Ludwig von Mises]]. [https://freecapitalists.org/books/human-action/ "Human Action"], 2010, page 208.</ref> Or more simply technology consists of ideas on how to produce things.<ref name="foundations">Shapiro, Milton. [https://freecapitalists.org/books/foundations-of-the-market-price-system/ "Foundations of the Market-Price System"], 2007, page 63-64.</ref> Technology should be distinguished from the physical form, such a produced good, which embodies the technological idea.<ref name="foundations" /> | ||
==References== | ==References== | ||
Latest revision as of 04:23, 16 August 2026
Technology can be defined as knowledge or information which tell us how an end can be achieved by the employment of combinations of various means.[1] Or more simply technology consists of ideas on how to produce things.[2] Technology should be distinguished from the physical form, such a produced good, which embodies the technological idea.[2]
References
- ↑ Ludwig von Mises. "Human Action", 2010, page 208.
- ↑ 2.0 2.1 Shapiro, Milton. "Foundations of the Market-Price System", 2007, page 63-64.