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Vor 2 Tagen · Hayek's greatest intellectual debt was to Carl Menger, who pioneered an approach to social explanation similar to that developed in Britain by Bernard Mandeville and the Scottish moral philosophers in the Scottish Enlightenment. He had a wide-reaching influence on contemporary economics, politics, philosophy, sociology, psychology and ...
Vor 17 Stunden · An entrepreneur ( French: [ɑ̃tʁəpʁənœʁ]) is an individual who creates and/or invests in one or more businesses, bearing most of the risks and enjoying most of the rewards. [1] The process of setting up a business is known as "entrepreneurship". The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services ...
Vor einem Tag · Karl Marx. „Kapitalismus“ bezeichnet in der marxistischen Tradition „die auf Warenproduktion, Marktwirtschaft, Investition von Kapital, Lohnarbeit und Profit beruhende Produktionsweise“ als auch die „von der Herrschaft des Kapitals bedingten sozialen, politischen, rechtlichen und kulturellen Verhältnisse als Gesellschaftsordnung“.
Vor 4 Tagen · Fiat money is intrinsically worthless and yet people still value it. Where does this value come from? Our guest commentator cites Austrian thinkers Menger and Mises. He traces the purchasing power of paper money back its historical root: real money, i.e. physical gold. The following article was originally published by the Mises ...
Vor 3 Tagen · The concept of marginalism took hold in mainstream economics through the works of Jevons in England, Carl Menger in Austria and Léon Walras in Switzerland. Jevons was the first to propose the theory, which he did in the paper “A General Mathematical Theory of Political Economy”, which he presented in 1862 and published the ...
Vor 3 Tagen · Death seems imminent. So the family rolls the dice on high risk, experimental brain surgery. And to everyone’s surprise, it works! Mostly works. Your friend is still very frail, and they’ve definitely lost a step. The inevitable end has only been delayed. But — they can speak, slowly but clearly.
Vor 5 Tagen · Carl Menger is best known for his vital role in creating the marginal revolution of 1871. However, Menger’s insights ranged well beyond value theory, as he wrote excellent commentary on money and sociology.
