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Ontology

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Maximilian Held edited this page Dec 20, 2014 · 1 revision

(Ontological) Theories of the Economy
- Reiss (2013) on Philosophy of Economics: Chapters 1, 2, 3, 12, 13, 14
- Schumpeter (1942) on Capitalism (highly recommended, but not mandatory)
- Dooley (2005) on Labor Theory of Value
- Hayek (1945) on Libertarianism
- Spicer (2005) on Hayek and Taxation

Hayek

compare to foundationalist views
examples for bad local knowledge (phone system)
problems with the rules approach
implications for taxation
what kind of knowledge does Hayek mean/not mean?
incentive problem of CBA

Value theory

dsa story

Philosopy of Econ

problem of intersubjective comparisons
budget constraints
vnM rationality!
ideal observers
consequentialism vs other norms
flawed emotion: Kahnemann tversky
- experienced vs. remembered vs. grow along vnm preferences