Carl Menger Quotes
-
Money is not an invention of the state. It is not the product of a legislative act. Even the sanction of political authority is not necessary for its existence. Certain commodities came to be money quite naturally, as the result of economic relationships that were independent of the power of the state.
→ -
Man himself is the beginning and the end of every economy.
→ -
We are confronted by the appearance of social institutions unintentionally created, vital for the welfare of society, which are not the result of reasoned planning
→ -
Money is not an invention of the state. It is not the product of a legislative act.
→
Related Authors
-
Israel Kirzner Economist -
Alfred Marshall Economist -
Jean-Baptiste Say Economist -
Adam Smith Philosopher -
John Stuart Mill Philosopher -
Murray Rothbard Economist -
Karl Marx Philosopher -
Friedrich August von Hayek Economist -
Max Weber Sociologist -
John Maynard Keynes Economist -
David Ricardo Economist -
Henry Hazlitt Journalist -
William Stanley Jevons Economist -
John Bates Clark Economist -
Ludwig von Mises Philosopher -
Frederic Bastiat Economist -
Vilfredo Pareto Economist -
Joseph A. Schumpeter Economist