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Carl Menger, Grundsätze der Volkswirtschaftslehre [1871]

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Carl Menger, Grundsätze der Volkswirtschaftslehre (Wien: Wilhelm Braumüller, 1871).

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About this Title:

One of the works which appeared independently in 1871 (along with a work by Jevons and Walras) which revolutionized thinking about economics. The theory of marginal utility and new ways of thinking about marginal value and price theory help found the Austrian School of economics, whose later theorists included Ludwig von Mises and Friedrich Hayek, and Murray Rothbard.

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The text is in the public domain.

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This material is put online to further the educational goals of Liberty Fund, Inc. Unless otherwise stated in the Copyright Information section above, this material may be used freely for educational and academic purposes. It may not be used in any way for profit.

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