Showing results by author "Israel Kirzner"
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Early Austrian Economics
- By: Israel Kirzner
- Narrated by: Louis Rukeyser
- Length: 2 hrs and 28 mins
Carl Menger (1840-1921) and Eugen von Bohm-Bawerk (1851-1914), working in Vienna in the late nineteenth century, rejected the classical and Marxian ideas that value can be measured objectively. They insisted that the subjective preferences of consumers determine value; this shifted the attention of economic analysis from productive power to consumer demand.
An OK Summary
- By George on 10-04-12
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Regular price: $13.96