The Failure of Austrian Econ-Style Subjective Value Theory in the Quest for NBA MVP


While I find his analysis more or less nonsensical, and am not a basketball fan, those interested in the intersection of previously recondite concerns of libertarian movement obsessives with the "real world" might dig this basketball courtside philosopher's take on various ways to pick the NBA's MVP, with a sideways insult to the failures of pure subjective value theory which he links strictly with the Austrian school (though it is in fact pretty much economic orthodoxy across the board now).

He applies Labor Theory of Value and gets Monta Ellis; intrinsic value theory and gets Kevin Love (nephew of my hero, the Beach Boys' Mike Love); instrumental value theory and gets Chris Paul; and via a curious application of Kantian categorical imperative gets to Tim Duncan of the Spurs for having the least number of fouls.