Mageshwar Medak on Nostr: Ok, so, As Joseph Schumpeter averred that "Menger is nobody’s pupil and what he ...
Ok, so, As Joseph Schumpeter averred that "Menger is nobody’s pupil and what he created stands.. Menger’s theory of value, price, and distribution is the best we have up to now."
Alfred Marshall confused himself with his subjective value-objective cost dilemma 😀, that actually fall back to Carl Menger's original theory😀, that's why today's neoclassical economics taught at universities have no real value.😀🎈☕👍.
Published at
2024-10-24 09:10:33Event JSON
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"content": "Ok, so, As Joseph Schumpeter averred that \"Menger is nobody’s pupil and what he created stands.. Menger’s theory of value, price, and distribution is the best we have up to now.\" \nAlfred Marshall confused himself with his subjective value-objective cost dilemma 😀, that actually fall back to Carl Menger's original theory😀, that's why today's neoclassical economics taught at universities have no real value.😀🎈☕👍.",
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