Carl Menger famous quotes

Last updated: Sep 5, 2024

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

#Invention #States
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 #Welfare #Appearance
Man himself is the beginning and the end of every economy,
-- Carl Menger

#Men #Economy #Ends

Human beings have fabricated the illusion that in the 21st century they have the technological prowess to be independent of nature. Bees underline the reality that we are more, not less, dependent on natureâ€™s services in a world of close to 7 billion people
You have your whole life ahead of you. Be smart. Study hard and be independent. I'm afraid the chances of your getting a dowry are slim. You must rely on yourself. No matter what else people may steal from you, they will never be able to take away your knowledge. The world is changing. You must make your own life outside this home.
Inevitably anyone with an independent mind must become 'one who resists or opposes authority or established conventions': a rebel. If enough people come to agree with, and follow, the Rebel, we now have a Devil. Until, of course, still more people agree. And then, finally, we have --- Greatness.
People everywhere confuse what they read in newspapers with news.
Random political acts produce random political results. Why waste even a rock?
For me, I am left leaning when it comes to health and education, on the right when it comes to defense. So I don't know where I come on the political spectrum. And I think this the challenge that a lot of Jordanians have to deal with.
Calvinism is an all-embracing system of principles... It is rooted in a form of religion which was peculiarly its own, and form that specific religious consciousness there was developed first a particular theology, then a special church-order, and then a given form for political and social life.
Peace is the most valuable commodity. And it's free!
I don't mind being a commodity. It's given me a good life.
Health is not a commodity to be bargained for. It has to be earned through sweat.

Carl Menger famous quotes

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