Copyright Page

image

Cover: Carl Menger portrait is courtesy of The Warren J. Samuels Portrait Collection at Duke University.

Copyright © 1976 by the Institute for Humane Studies
Foreword Copyright © 2007 by the Ludwig von Mises Institute
Reprinted in 2007 by the Ludwig von Mises Institute

Ludwig von Mises Institute
518 West Magnolia Avenue
Auburn, Ala. 36832 U.S.A.
www.mises.org

Foreword by Peter G. Klein

FOREWORD

BY PETER G. KLEIN

Introduction by F.A. Hayek

INTRODUCTION                                        

CARL MENGER1

By F.A. Hayek

Translator’s Preface

 

TRANSLATOR’S

PREFACE

 

 

PRINCIPLES OF

ECONOMICS

Dedic

Dedicated by the author
with respectful esteem
to
DR. WILHEM ROSCHER

Royal Saxonian Councillor
Professor of Political and Cameral Sciences
at the
University of Leipzig

Author’s Preface

 

PREFACE

The impartial observer can have no doubt about the reason our generation pays general and enthusiastic tribute to progress in the field of the natural sciences, while economic science receives little attention and its value is seriously questioned by the very men in society to whom it should provide a guide for practical action.

I. The General Theory of the Good

CHAPTER I                                                

THE GENERAL THEORY OF THE GOOD

1.

The General Theory of the Good

II. Economy and Economic Goods

CHAPTER II                                                

ECONOMY AND

ECONOMIC GOODS

III. The Theory of Value

CHAPTER III                                                 

THE THEORY

OF VALUE

1.

The Nature and Origin of Value