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Rory Sutherland: 'Perspective is Everything'

submitted by Trancecoach

1 decade 4 months ago

People can and do compartmentalize, but let's say, for argument's sake, that someone has a thorough socialistic understanding of value. As Rory Sutherland reminds us here, in order to advertise and sell effectively in a competitive market, one must accept Mises' subjective theory of value. And for that, you need a free market (at around minute 13). In this TED Talk, Rory Sutherland discusses the value of Mises and praxeology in understanding the importance of subjective value and human psychology.

Via TED: The circumstances of our lives may matter less than how we see them, says Rory Sutherland. At TEDxAthens, he makes a compelling case for how reframing is the key to happiness. (Filmed at TEDxAthens.)

8 Comments

*promote

Self promoting this video and sending it back into the queue for one more try; last queued Friday, July 25th, 2014 10:39pm PDT - promote requested by original submitter Trancecoach.

*related=http://videosift.com/video/Ludwig-Von-Mises-Liberty-and-Economics
*related=http://videosift.com/video/Hayek-on-Scialism-3-23

The thumbnail image for this video has been updated - thumbnail added by eric3579.

*promote

Promoting this video and sending it back into the queue for one more try; last queued Friday, July 25th, 2014 11:00pm PDT - promote requested by RedSky.

Very good talk in deed!

Moving this video to Trancecoach's personal queue. It failed to receive enough votes to get sifted up to the front page within 2 days.

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