The Birth of the Austrian School

07/24/2023 Joseph T. Salerno

Menger discovered much more than the principle of marginal utility—he created an entire system of economics based on subjective value and individual choice.

Download lecture slides at Mises.org/MU23_PPT_03.

Recorded at the Mises Institute in Auburn, Alabama, on 24 July 2022.

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

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