#19 – Logan Chipkin: Understanding Economics
Arjun Khemani Podcast
The Austrian School of Economics
The Austrian School of Economics basically started in 1871 with Karl Menger or Munger. He published his work on the theory of so-called subjectivism and marginalism. This is why it's called the subjectivist revolution or the marginal revolution. The concept of universal explainer, as you know, Archen, is itself, I don't know, like a decade or two old.
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