Mises Daily
Author:
Joseph Schumpeter
Online Publish Date:
[This article is excerpted from the book Ten Great Economists: From Marx to Keynes . ] Carl Menger (1840–1921) It is an acid test of the power of an argument whether it can be looked upon as decisive in its own right, or whether it stands in need of a long string of supporting subsidiary arguments. Similarly, it is an acid test of the