“Von Mises explained why economics is not explainable by math. Values are ordina

—“Von Mises explained why economics is not explainable by math. Values are ordinal and not cardinal.”—

Well, values arent’ even ordinal (as he and Rothbard demonstrate in their of repeated error of reducing choice to price), but values are triangulated among many sets of ordinal preferences. Which is pretty much the lesson of estimation over the past twenty years.

Or better stated, positional names (numbers) can only represent constant relations. Whereas ordinal position can explain relative position (lists). Whereas triangulated names (graphs), represent current relations.

This is one of the principle errors in mises’ work. (among many). Just as Mises applies the monopoly of price (commodity trades) to values, Rothbard applies the monopoly of price to ethics. Both of these are simply reductio versions of preserving separatism and avoiding the cost of paying for the institution that makes prices, trade, and ethics possible.

Our brains sum many possible relative relations in many possible dimensions.

The problem is that the process is not open to introspection. We have to deflate each dimension to understand our own judgements.