Hermitix cover image

Carl Menger's Principles of Economics - I

Hermitix

00:00

The Causal Connection Between Goods

Menger divides all goods into material goods and useful human actions. Relationships such as licenses, copyrights, goodwill are held as tractions. By that progression, imaginary goods should decrease because we learn through cause and effect what doesn't work. So there's the two forms of good. Now we're going to quite a long section here. The cause, you know, it's in chapter one called the causal connection between goods. Menger is so surprisingly simple all the time.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app