New Edition of Menger’s Principles | Organizations and Markets

New Edition of Menger’s Principles

27 November 2006 at 1:09 am Peter G. Klein Leave a comment

| Peter Klein |

The Mises Institute has produced a new edition of Carl Menger’s path-breaking Grundsätze der Volkswirtschaftslehre [Principles of Economics], originally published in 1871. Menger’s Principles not only introduced the concept of marginal analysis, it presented a radically new approach to economic analysis, an approach that still forms the core of the Austrian theory of value and price.

The new edition includes Hayek’s introduction to the 1934 English edition and a new foreword by yours truly. The book itself continues to be availble in a free online edition.

Entry filed under: - Klein -, Austrian Economics, Recommended Reading.

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