https://mises.ch/en/werke/menger-grundsaetze-der-volkswirthschaftslehre-en/lesen/appendix-d-the-measure-of-value
Appendix D: The Measure of Value · Principles of Economics — Carl Menger · mises.at
Carl Menger's "Principles of Economics" (1871) grounds the theory of value in the subjective utility of scarce goods rather than in costs of production or la…
measure of valuecarl mengerappendixprincipleseconomics