value is subjective because knowledge is created subjectively
knowledge supersedes preferences
and knowing the extent of other people’s knowledge forms a part of accurate and complete information, because other human beings are part of the reality with which your theory must be concerned
my thoughts on lachmann (ch. vi)
his focus on the Control Structure somewhat anticipated activists and their influences
my thoughts on lachmann (ch. vii)
the invisible hand doesn’t exist independently—it exists because of humans and to the extent of their knowledge—and since knowledge is created ex nihilo, in reality it is not the invisible hand at play but invisible hands then