Objective Value and Prices
Jun 28, 1998
Dr. Buechner presents the latest developments in his application of Ayn Rand's concept of objective value to economics. Focusing on the meaning and function of prices in a free economy, he covers such topics as: price as something more than an amount of money; subconscious integration as the base for grasping a price; the relation of a price to individual values and evaluations; market prices as neither intrinsic necessities nor subjective whims, but objective choices; the objective theory of prices extended to auction prices and negotiated prices; objective prices as the key to explaining the operation of a free economy.
(Some material presented at prior conferences will be repeated.)