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Austrian Value Theory and Imputation Theory

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Marcelo C Posted: Sat, Apr 26 2008 11:22 AM

Hello from Argentina to the world, this is my first post and i'd like to ask for suggestions on the subject, i mean some book or papers that would help me fully understant it. I'm starting  study group on Austrian economics and i'm a newbi on many issues so i'd would appreciate your help. Thanks

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JAlanKatz replied on Sat, Apr 26 2008 11:44 AM

I'm not sure exactly what you're asking for, can you be more specific? Imputation theory is the Austrian theory of value, so it's understandably a large topic. The theory of value is a huge part of economics, and runs through much of what we do. WIth either of the major treatises - Human Action, Principles of Economics, or Man, Economy, and State, this idea can be found in many chapters. What kind of group are you starting, and what is the background of the members? Will you be doing serious, hard-core economics, focusing more on philosophy, or politics, or something in between?
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Marcelo C replied on Sat, Apr 26 2008 11:57 AM

Just that,the books you proposed, thanks for that. The group is just starting we are studying economics at a state university and obviousy nothing Austrian related appears, so we decided to create this group to learn more about it, and we are starting from the basics, traying to see how different economics is from what we learn (mainstream economics). We camo from Rosario City and later this year a local Foundation is hosting an International Congress about Austrian Economics, and professor Hulsmann wil be attending to. So thanks.

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Ego replied on Sat, Apr 26 2008 12:14 PM

Welcome to the forum and good luck!

Don't allow leftists to play games with definitions! Some of the libertarian-leaning leftists at this forum will try to redefine "left-wing" back to its original defition (Third Estate, limited government, free-markets, laissez-faire reforms, etc.). Fine! We non-leftists can't stop them from using their own personal definitions; they can use whatever labels they want to describe any concept they want.

However, they have the audacity to then use their personal definition of "left-wing" (remember, the original definition, which is no longer valid) to prove that modern leftists are more libertarian than modern rightists! They will say that libertarianism is "inherently leftist" (again, using the original, no longer valid definition), and use that to insist that we should prefer and side with modern leftists over modern rightists.

Question their motives.

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Marcelo C replied on Sat, Apr 26 2008 12:28 PM

Thanks.

 

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Remnant replied on Mon, Apr 28 2008 7:24 AM

Marcelo, welcome, and it is hard to know which books to suggest.  I would suggest Murray Rothbard's "For a New Liberty" as a place to start.

 

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