
Human Action: A Treatise on Economics Part 1
Mises Audio Books Podcast
00:00
Constancy and Rationality in Acting
The scale of value manifests itself only in real acting. It is therefore impermissible to contrast it with real acting and use it as a yardstick for the apprais of real actions. The attempt has been made to attain the notion of a non rational action by this reasoning, if a is preferred to b and b to c, logically a should be preferred to c. This reasoning disregards the fact that two acts of an individual can never be synchronous.
Transcript
Play full episode