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| Name | Who is Carl Menger? | by Jeff Deist |
| Video Uploader | Video From LibertyInOurTime |
| Upload Date | This Video Uploaded At 11-05-2020 05:52:22 |
| Video Discription | Jeff Deist discusses the major contributions of Carl Menger (1840-1921), founder of the Austrian school of economics. Sharing credit with Jevons and Walras, Menger initiated the Marginalist Revolution in economic thought with the 1871 publication of his book, Principles of Economics. Classical economists had been stumped by the "paradox of value," but Menger solved it by focusing on the utility of the marginal unit, or what we call marginal utility. Menger also developed the notion of imputation of value from the consumer good all the way back through the factors of production to the highest "order" of goods, the concept of voluntary exchange coming about because of unequal valuations of the goods being traded, and an explanation of the origin of money arising spontaneously as individuals accept a more saleable good in exchange even if it's not the good they ultimately desire. These and several other major contributions are highlighted in the episode. Playlist link for complete "Who Is?" series: http://tinyurl.com/y86u5f7p Links to selected online writings on Austrian Economics: Human Action: A Treatise on Economics http://tinyurl.com/yapklreq Audio version: http://tinyurl.com/ab8wx88 Man, Economy, and State: A Treatise on Economics http://tinyurl.com/y8zg569h Audio version: http://tinyurl.com/axhdzg3 Economic Thought Before Adam Smith: An Austrian Perspective on the History of Economic Thought, Vol. I http://tinyurl.com/y6zwh9fk Audio version: http://tinyurl.com/a3obfgu Classical Economics: An Austrian Perspective on the History of Economic Thought, Vol. II http://tinyurl.com/y47odk98 Audio version: http://tinyurl.com/bd44b6s The Austrian School of Economics: A History of Its Ideas, Ambassadors, and Institutions http://tinyurl.com/yagraqj3 Audio version: http://tinyurl.com/aw5kwdt Theory and History: An Interpretation of Social and Economic Evolution http://tinyurl.com/y2x637pa Audio version: http://tinyurl.com/aa7gyv2 The Austrian Theory of the Trade Cycle and Other Essays http://tinyurl.com/s9xsw2j Audio version: http://tinyurl.com/yy2gg4y9 The Failure of the "New Economics" http://tinyurl.com/uy9wgeg Audio version: http://tinyurl.com/ueeta3z Mises: The Last Knight of Liberalism http://tinyurl.com/y3afgzup Audio version: http://tinyurl.com/ajaywkh Ludwig von Mises: Scholar, Creator, Hero http://tinyurl.com/yd7ryowf Friedrich A. Hayek: A Centenary Appreciation http://tinyurl.com/rlb8qst Henry Hazlitt: A Man for Many Seasons http://tinyurl.com/y7en2omb Murray Rothbard: Mises's True Heir http://tinyurl.com/ybj2nskx FrΓ©dΓ©ric Bastiat: Champion of Laissez-faire http://tinyurl.com/yayra8uy The Genius of Carl Menger http://tinyurl.com/ya79lmxa The Life and Works of BΓΆhm-Bawerk http://tinyurl.com/y8jbbdnq Why Austrian Economics Matters http://tinyurl.com/ycqwjzt7 Mises and Austrian Economics: A Personal View http://tinyurl.com/t4hm7kb Ludwig von Mises and the Austrian School of Economics http://tinyurl.com/yavecrju Mises, Hayek, and the Market Process: An Introduction http://tinyurl.com/vhz3c8t Praxeology: The Methodology of Austrian Economics http://tinyurl.com/pf46rtk The Ultimate Foundation of Economic Science http://tinyurl.com/yb3zs4rs Interventionism: An Economic Analysis http://tinyurl.com/y7m7dhky Nation, State, and Economy http://tinyurl.com/ycjere4t The Anti-Capitalistic Mentality http://tinyurl.com/y7c7rejh Socialism: An Economic and Sociological Analysis http://tinyurl.com/yarqka73 Economic Freedom and Interventionism http://tinyurl.com/yau35t2o Historical Setting of the Austrian School of Economics http://tinyurl.com/y8xj6fq5 The Philosophical Origins of Austrian Economics http://tinyurl.com/y8z4sf59 Capitalism: A Treatise on Economics http://tinyurl.com/vd9mytd The Gold Standard: Perspectives in the Austrian School http://tinyurl.com/tbvtf9q Economic Science and the Austrian Method http://tinyurl.com/y8lgyzta Austrian Macroeconomics http://tinyurl.com/y9gn3eug Philosophical and Ethical Implications of Austrian Economics http://tinyurl.com/yaxz4stm The Austrian Theory of Money http://tinyurl.com/y8gqjnwr The Austrian School's Critique of Marxism http://tinyurl.com/y84g9g7j Methodology of the Austrian School Economists http://tinyurl.com/y9zr25pp Classical Liberalism and the Austrian School http://tinyurl.com/rtbw8gr The Positive Theory of Capital http://tinyurl.com/y5rnbdbn Principles of Economics http://tinyurl.com/yecrje5 The Free Market and Its Enemies http://tinyurl.com/nky7aco Government Against the Economy http://tinyurl.com/tzjo9zy Individualism and Economic Order http://tinyurl.com/ydehz4s9 * * * * * Audio presentation produced by the Ludwig von Mises Institute and licensed under Creative Commons Attribution-NonCommercial-NoDerivs 4.0 International License. http://creativecommons.org/licenses/by-nc-nd/4.0/ This YouTube channel is in no way endorsed by or affiliated with the Mises Institute, any of its scholars or staff members. 9_Vqjl7ChH0 |
| Category | Education |
| Tags | austrian | school | misesian | economics | austro-libertarian | economic | theory | science | political | economy | marginal utility | marginalism | business | cycle | catalactics | classical | liberal | subjective | value | praxiology | supply | demand | production | capital | price | wage | labor | interest | credit | division of | labour | bohm-bawerk | von wieser | methodenstreit | social | sciences | self-interest | neoclassical | cost-of-production | theories | private | property | Laissez-faire | intervention | regulation | money | currency | central | banking | marx |
