The Meaning Code | Austrian Economics and Systems Biology: Price, Value and Profit as Scale Invariant concepts @TheMeaningCode | Uploaded September 2024 | Updated October 2024, 1 hour ago.
Can the price mechanism be found in biology?
Signups for Face to Face Conference win Olympia, WA at: estuarynorthwest2024.com
Timestamps:
00:00 Intro
23:01 How is the price mechanism influenced by collective intelligence?
27:06 What is the role of subjective value in determining prices?
44:43 How does profit provide different kinds of information compared to prices?
1:03:38 Is inflation an evil force that keeps people down?
1:21:06 What does it mean to witness and observe in the context of economics?
Can the price mechanism be found in biology?
Signups for Face to Face Conference win Olympia, WA at: estuarynorthwest2024.com
Timestamps:
00:00 Intro
23:01 How is the price mechanism influenced by collective intelligence?
27:06 What is the role of subjective value in determining prices?
44:43 How does profit provide different kinds of information compared to prices?
1:03:38 Is inflation an evil force that keeps people down?
1:21:06 What does it mean to witness and observe in the context of economics?