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Lecture 6 of 18 · Theory and History

4. The Negation of Valuation

Ludwig von Mises · 1:41 · Recorded 24 June 2010

4. The Negation of Valuation by Ludwig von Mises is a free audio lecture (1:41) at freecapitalists.org, recorded 24 June 2010, part of the 18-lecture series Theory and History.

Philosophy and MethodologyValue and Exchange

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0:00Chapter 4 THE NEGATION OF VALUATION In dealing with judgments of value, we have looked upon them as ultimate data not liable to any reduction to other data. We do not contend that judgments of value as they are uttered by men and used as guides to action are primary facts independent of all the other conditions of the universe. Such an assumption would be preposterous. Man is a part of the universe. He is the product of the forces operating in it, and all his thoughts and actions are, like the stars, the atoms, and the animals, elements of nature. They are embedded in the inexorable concatenation of all phenomena and events.

0:50Saying that judgments of value are ultimately given facts means that the human mind is unable We do not know why and how definite conditions of the external world arouse in a human mind a definite reaction. We do not know why different people and the same people at various instances of their lives react differently to the same external stimuli. We cannot discover the necessary connection between an external event and the ideas it Produces Within the Human Mind. To clarify this issue, we must now analyze the doctrines supporting the contrary opinion. We must deal with all varieties of materialism.

Part of a series

Theory and History

18 lectures, 11 hours, recorded 2010. See the full series or subscribe by RSS.

Speakers: Ludwig von Mises, Murray N. Rothbard.

Recording date and topics for this lecture come from the Mises Institute's page for 4. The Negation of Valuation, checked 2026-07-23.

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The recording runs 1:41.
Who gave the lecture 4. The Negation of Valuation?
Ludwig von Mises delivered it, in the series Theory and History.
When was 4. The Negation of Valuation recorded?
It was recorded 24 June 2010.
What series is 4. The Negation of Valuation part of?
It is lecture 6 of 18 in Theory and History, which is free to stream or download in full.