The Birth of the Austrian School
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August 2, 2023
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The Birth of the Austrian School ([link removed])
By Joseph T. Salerno
Menger discovered much more than the principle of marginal utility—he created an entire system of economics based on subjective value and individual choice.
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Subjective Value and Market Prices ([link removed])
By Jeffrey M. Herbener
This concept of economic calculation is really the foundation of all economic theory, and price theory is the cornerstone of economic calculation.
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