The iconic Hermès Birkin bag helps illustrate Carl Menger’s “Theory of the Good,” and Ludwig von Mises’s explanation of human action.
Original article: The Secret Economic Theory Behind the $100,000 Birkin Bag
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The iconic Hermès Birkin bag helps illustrate Carl Menger’s “Theory of the Good,” and Ludwig von Mises’s explanation of human action.
Original article: The Secret Economic Theory Behind the $100,000 Birkin Bag