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This work proposes that Carl Menger's Subjective Theory of Value
(STV), and its subsequent elaboration by Ludwig von Mises as
Praxeology, provides a useful alternative to more common methods in
the study of action and social phenomena, and more specifically, to
leadership in complex social systems. Rather than being based on
rationality assumptions and algorithmic predictability, the STV
emphasizes transient subjectivity shaped by a complex world of
lacking information, mistakes, disequilibrium, uncertainty and
attempted error correction that defy mathematization and exact
prediction. As such, it is a framework to make sense of human
action systems in terms of subjective understanding, learning, and
uncertainty, rather than quantitative predictability. Accordingly,
the aim of this work is to explain the STV as a general theory of
action and to demonstrate its capability in developing adequate
qualitative theory and to elaborate on some of the major topics
that its implications raise with regard to leadership. The power of
the method can be seen in that its procedure naturally branches out
to facilitate an understanding of a broad selection of processes
and may provide the basis for a universal theory of leadership.
This work proposes that Carl Menger's Subjective Theory of Value
(STV), and its subsequent elaboration by Ludwig von Mises as
Praxeology, provides a useful alternative to more common methods in
the study of action and social phenomena, and more specifically, to
leadership in complex social systems. Rather than being based on
rationality assumptions and algorithmic predictability, the STV
emphasizes transient subjectivity shaped by a complex world of
lacking information, mistakes, disequilibrium, uncertainty and
attempted error correction that defy mathematization and exact
prediction. As such, it is a framework to make sense of human
action systems in terms of subjective understanding, learning, and
uncertainty, rather than quantitative predictability. Accordingly,
the aim of this work is to explain the STV as a general theory of
action and to demonstrate its capability in developing adequate
qualitative theory and to elaborate on some of the major topics
that its implications raise with regard to leadership. The power of
the method can be seen in that its procedure naturally branches out
to facilitate an understanding of a broad selection of processes
and may provide the basis for a universal theory of leadership.
The first monograph of highly sought-after interior designer Shawn
Henderson, who is renowned for his serene and sophisticated
interiors. Collecting fourteen stunning projects by acclaimed
interior designer Shawn Henderson, this monograph illustrates how
the designer crafts spaces that reflect the lifestyles of his
clients, while embodying the serenity and sophistication that have
become Henderson's signature. Presenting his designs for city
townhouses and lofts, historic farmhouses and country estates, and
modern mountain and beach retreats - including his own West Village
apartment and upstate New York country home - Henderson shares the
warm, intimate, and harmonious interiors he creates through layered
compositions of sculptural lighting and furniture - both custom and
vintage - elegant finishes and textures, and exceptional art, all
against a refined palette of clean neutrals and moody grays, with
clever pops of color.
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