/liberty/ - Liberty

Physics is real, kayfabe. There are myriad ways to act the contrary, but subjective economic value is just a shorthand for "whatever people are willing to work for".

>>71019

Our epistemic understanding of physics is reliant upon and assessed according to the aggregate perspective of physicists.

>>71021

>epistemic

>derived by empiricism

yeah nah I dont think that works

>>71021

also, when you say 'our' you should clear up what that refers to

personally I dont rely on such broad-base aggregate perspectives. rather apply some filters, to achieve higher confidence

>>71017

>subjective theory of economic value

I think mises is talking about subjective estimation of value whenever hes talking about value. no idea why. actual subjectivism is pretty retarded though. there is an objective value since reality is objective. truth is absolute, so also not subjective.

>Wouldn't it be more accurate to say that we use a consilience of perspectives to assess the overall validity or objective measure of a proposition?

truth is absolute and has nothing to do with empirical reality

what we are doing is using our best guess (wich is sometimes pretty good) to approximate truth. the keyword beeing approximate rather than assess.

natural law advocates think that some such guesses hit the gold - an absolute truth. praxeology, NAP, argumentation ethics.

finally, to really answer that question, I would seperate the absolute truth as it exists and the quest for truth. the quest is about discovery, about forming neural conenctions (or more generally relationships among atoms-and-friends), whereas truth has an absolute existence independ of discovery.

>overall validity

is there even such a thing as local validity?

I would just use truth, or absolute truth

>>71036

>>71037

"Epistemic" simply means our way of knowing things. To assert empiricism would be to claim that knowledge is solely derived from sensory information. As far as using "our," there is no reason that you can't use an individual perspective to derive knowledge, it just potentially limits the validity of an evaluation.

>>71038

>I think mises is talking about subjective estimation of value whenever hes talking about value.

That would imply that the actor is ascertaining something that's objectively given. Mises means that economic value is only subjective. How much value something has can only be answered from the individual perspectives of persons, and only for each person. You cannot abstract a common valuation from all these perspectives.

However, the value Mises was talking about was economic value. Whether there is some form of value in a moral or ethical sense was not his topic. Such a value could indeed be objective.

It's a shortcoming of language we're dealing with here. Value is an extremely ambiguous term. Never mix up (subjective) economic and (objective) ethical value. Those are two unrelated concepts.

>the quest is about discovery, about forming neural conenctions (or more generally relationships among atoms-and-friends), whereas truth has an absolute existence independ of discovery.

That's very well put!

>>71017

This should also answer your question.