Carl Menger quotes

Carl Menger quotes

last updated: November 28, 2023

“Money is not an invention of the state. It is not the product of a legislative act. Even the sanction of political authority is not necessary for its existence. Certain commodities came to be money quite naturally, as the result of economic relationships that were independent of the power of the state.”
-- Carl Menger

#Independent Quotes #Political Quotes #Commodity Quotes
“Money is not an invention of the state. It is not the product of a legislative act.”
-- Carl Menger

#Invention Quotes #States Quotes
“We are confronted by the appearance of social institutions unintentionally created, vital for the welfare of society, which are not the result of reasoned planning”
-- Carl Menger

#Planning Quotes #Welfare Quotes #Appearance Quotes
“Man himself is the beginning and the end of every economy,”
-- Carl Menger

Source : Carl Menger (2009). “Origins of Money, The”, p.8, Ludwig von Mises Institute

#Men Quotes #Economy Quotes #Ends Quotes

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