Name: Water Is Worthless in a Lake but Priceless in a Desert (Austrian Econ 101)
Uploaded: 2025-10-11T17:55:00+00:00
Duration: 2 min 34 s
Description: Austrian Economics teaches that value is subjective. There’s no such thing as a “fair” price, only individual decisions made freely in the marketplace. I explore Carl Menger’s revolutionary insight th

1 month ago

Finance & Crypto Education Austrian Economics subjective value Carl Menger fair price myth free market supply and demand minimum wage economic freedom labor theory of value

Austrian Economics teaches that value is subjective. There’s no such thing as a “fair” price, only individual decisions made freely in the marketplace. I explore Carl Menger’s revolutionary insight that value exists in the mind, not in the labor or cost.

Watch the full episode: https://youtu.be/QmnQ2w2bBQA

Visit my Website to learn more or connect: https://jakewoodhouse.io/

#investing #bitcoin #gold #inflation #austrianeconomics #centralbanks

Loading comments...