welcome back to the cause report imax keyser time now to go to london and speak with sandeep jaitley an expert on the austrian school of economics and a fund manager at first international group sandeep welcome back to the kaiser report. all right sandeep jaitley when we had you on the show a few months ago you described the austrian school of economics as being based on karl mangos idea that quote value does not exist outside of human consciousness so elaborate on this a little bit with some examples that we see around us today a lot of people think this means that somehow austrian economics isn't grounded in grounded in reality you know if you say a statement like value doesn't exist outside of your own consciousness that implies that you're sort of making up everything in your mind well this is a this is a calming actually meant what he meant was that sort of the utility is up to you and it's subjective you know. that's what he meant by by that statement. every human being is put on. their restrictions or their surroundings. so obviously it was meant in that context ok now when th