Carl Menger Quotes

When I discussed the nature of value, I observed that value is nothing inherent in goods and that it...

Principles of Economics

economics
pricing
value

Money is not an invention of the state. It is not the product of a legislative act. Even the sanctio...

anarcho-capitalism
anarchy
ancap
austrian-school-of-economics
capitalism

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Economist

Born: 1840-02-23

Died: 1921-02-26

Carl Menger (February 23, 1840 – February 26, 1921) was an Austrian economist, known as founder of the Austrian School of economics. Menger contributed to the development of the theory of marginal utility, which contested the cost-of-production theories of value, developed by the classical economists such as Adam Smith and David Ricardo.More

Carl Menger Quotes

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Carl Menger

Economist