Recently, I’ve read the book Human Action.
The book has answered many questions I was confused before,
Changing fundamentally my view of the world.
But there is an unsolved problem that Mises didn’t take into consideration.
That is, a person has ‘jealousy’.
A person evaluating his/her easiness, depends not only the past conditions he/her owned, but also the surrounding people.
The jealousy, like time preference, should be regarded as an ‘ultimate given’.
Otherwise, the system wouldn’t be stable because there’s always someone who would pay the ‘price’
to alleviate his uneasiness.
My English is poor, so my meaning might be ambiguous ,too brief or improper wording.I am sorry.
–Village