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Summary

This is a concise summary and analysis of The Principles of Economics, by Carl Menger.
 
It is not the original book and is not affiliated with or endorsed by Carl Menger.
Ideal those seeking a quick and insightful overview.
 
Explore the foundational ideas that shaped modern economic thought in this seminal work. Beginning with the concept of value and its subjective nature, this text delves into the intricacies of human decision-making, market dynamics, and the role of scarcity in determining prices. A cornerstone of Austrian economics, this book provides timeless insights into the behavior of individuals and the functioning of economies, making it essential reading for students, academics, and anyone curious about the principles that govern our economic world.

Duration: 16 minutes (00:15:47)
Publishing date: 2025-01-17; Abridged; Copyright Year: 2025. Copyright Statment: —

• Business & Economics
• University Textbooks & Dictionaries