3.9.2, On Cost of action as allocated means

Once choice is made action cannot commence without means. We have already examined means as an apriori condition of action. It comes in the form of stored energy or capital. There cannot be action without means. The body and its available energy, the savings account and its money, the character and its virtue, the mind […]

3.9.1, On Costs of action as lost opportunity

The apriori of action is what makes possible the analysis of action in experience and in particular. If I want to understand any particular action it must be from an understanding of the elements of action. Ever action presupposes ends, means, values, preferences, choice, time, and now we come to costs. Cost is almost necessarily […]

On forced production and forced sale.

Imagine a firm that demanded from you a percentage of your income with threat that both that same percentage plus extra would be extracted in the form of fines or jail time if you failed to go along with the first. Imagine you asked what the reason was for this act of aggression and you […]