Austrian Economics and Systems Biology Price Value and Profit as Scale Invariant concepts

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Can the price mechanism be found in biology? • Signups for Face to Face Conference win Olympia, WA at: https://estuarynorthwest2024.com • Timestamps: • 00:00 Intro • 23:01 How is the price mechanism influenced by collective intelligence? • 27:06 What is the role of subjective value in determining prices? • 44:43 How does profit provide different kinds of information compared to prices? • 1:03:38 Is inflation an evil force that keeps people down? • 1:21:06 What does it mean to witness and observe in the context of economics?

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