In 1871, the “discovery” of marginal economic analysis soon took a wrong turn, moving towards quantification, data, and mathematics. It is time to “rediscover” the margin, this time the margin as explained by Carl Menger.
Joakim Book
Joakim Book is a writer and professional editor, and was the former managing editor for Bitcoin Magazine Print. He was the book editor for, among others, Lyn Alden’s Broken Money, Aaron van Wirdum’s The Genesis Book, and Nik Bhatia’s Bitcoin Age. He holds degrees in economics and financial history from the University of Glasgow and University of Oxford, and was a Mises summer fellow in 2017. His main research interests are monetary economics and the history of central banks, and he writes regularly on those topics for AIER’s The Daily Economy.