Principles of Economics
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Delve into the world of economic thought with this intellectually stimulating book by Carl Menger, the founder of the Austrian School of Economics. Renowned for its in-depth analysis of economic value and price formation, this book meticulously explores why certain goods hold intrinsic economic value and others do not. Menger's approach is both analytical and profound, shedding light on the complexities of economic theories that have influenced generations of economists. Ideal for both students...
Show moreDelve into the world of economic thought with this intellectually stimulating book by Carl Menger, the founder of the Austrian School of Economics. Renowned for its in-depth analysis of economic value and price formation, this book meticulously explores why certain goods hold intrinsic economic value and others do not. Menger's approach is both analytical and profound, shedding light on the complexities of economic theories that have influenced generations of economists. Ideal for both students and those deeply interested in economics, this text presents a clear framework for understanding fundamental economic concepts.
Spanning eight comprehensive sections, including topics such as The Theory of Value, The Theory of Price, and The Theory of Money, Menger’s work offers a rich reservoir of knowledge. Despite its technical nature, the book is grounded in a solid foundation, making it a recommended read by major players in the field of Austrian economics. With its historical context and theoretical depth, readers can appreciate the evolution of economic thought and its practical implications.
This book is not just a textbook; it is a journey through time, examining the philosophical underpinnings of economics as seen through Menger's eyes. His critical engagement with the German Historical School and detailed arguments help to forge a distinct path for the Austrian School's theories, making this book an indispensable addition to any economics library.
Whether you are a practicing economist or a curious learner, Menger's critical insights will expand your understanding of economic interactions and value assessments. His work continues to resonate, challenging readers to consider the philosophical and practical dimensions of their economic decisions in the modern world.
Don't miss out on discovering the foundational ideas that paved the way for modern economic theories!
Less| manufacturer | Ludwig von Mises Institute |
|---|---|
| height | 9 |
| weight | 1.1 |
| width | 0.83 |
| length | 6 |
| languages | [ Published Value = English ] [ Original Language Value = English ] [ Unknown Value = English ] |
| productGroup | Book |
The author is Carl Menger, a prominent figure in the field of economics and the founder of the Austrian School.
While it offers valuable insights, the book is more suitable for those with a foundational understanding of economic concepts.
The main themes include the theory of value, price formation, and the nature of economic goods.
Menger's work stands out for its in-depth philosophical approach and historical context, unlike many contemporary textbooks.
Yes, it can be technical and may require focused reading, particularly for those unfamiliar with economic terminology.
It provides foundational insights and historical context that are crucial to understanding modern economic theories.