Quarterly Journal of Austrian Economics
Author:
Joseph T. Salerno
Online Publish Date:
Volume 2, No. 1 (Spring 1999) The core of any system of economic theory is the explanation of how prices are determined. As Mises (1998, p. 235) himself put it, “Economics is mainly concerned with the analysis of the determination of money prices of goods and services exchanged on the market.” Thus, the core of Human Action is parts three and four