Advances in Austrian Economics
Philosophy, Politics, and Austrian Economics
Edited by
Daniel J. D’Amico;
Daniel J. D’Amico
Brown University, USA
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Adam G. Martin
Adam G. Martin
Texas Tech University, USA
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Emerald Publishing Limited
Volume
25
ISBN electronic:
978-1-83867-405-2
ISBN print:
978-1-83867-406-9
Series ISSN:
1529-2134
Publication date:
2020
Book Chapter
Chapter 5: Asymmetric Idealization and the Market Process
Brian Kogelmann
Copyright © 2020 Emerald Publishing Limited
2020
Emerald Publishing Limited
Licensed reuse rights only
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Published:2020
Citation
Brian Kogelmann, 2020. "Asymmetric Idealization and the Market Process", Philosophy, Politics, and Austrian Economics, Daniel J. D’Amico, Adam G. Martin
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Suppose you are deciding between two locations for your next vacation: Beach and Forest. In trying to decide which to choose, you think about what such trips might be like. You imagine yourself at Beach. It is beautiful and sunny outside as you lie in the sand with a good book, stopping only to dip your toes in the water. Now you imagine yourself at Forest. It is dark and rainy out. You cannot take your planned hikes or fishing excursions; you spend all day pent up in the cabin. After such deliberation, Beach is clearly the right answer for your next trip.
Copyright © 2020 Emerald Publishing Limited
2020
Emerald Publishing Limited
Licensed reuse rights only
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