
Carl Menger's Principles of Economics - I
Hermitix
00:00
The Causes of Progress in Human Welfare
Manga states that in this cause or process when the number of orders is greater and thus the amount of time is thus greater for the eventual production of a first order good, the amount of variables in terms of the eventual available quantity. So it is extremely fluid. The more processes that are going into something, into making something, the more time it will take to make something. And thus there is a larger amount of good characters to keep an eye on as to whether or not this item which is going to satisfy a need is actually going to come back. Now you've got to remember in 1871, Manga is writing here. These aren't as big a deal anymore because our countency
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