Mises Daily
Author:
Roger R. Ream
Online Publish Date:
[Originally published in the Freeman , 1982. ] The publication of Adam Smith’s The Wealth of Nations in 1776 is often considered the starting point of the science of economics. However, it was Menger’s Grundsitze (1871), along with the works of Leon Walras and William Stanley Jevons that began the modern period of economic thought. Significantly,
