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Subject:
HES: DISC--Menger on the labor factor
From:
[log in to unmask] (Fred Foldvary)
Date:
Sat Jul 8 12:33:47 2006
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 "For this reason, entrepreneurial activity is just as  
 necessary a factor in the production of goods as  
technical labor services."  
> Menger, Carl. (1981) Principles of Economics.  
> Translated by James Dingwall and Bert Hoselitz. New  
York: New York University Press.    
  
But Menger also wrote:  
" Entrepreneurial activity must definitely be counted  
as a category of labor services."   
(p. 172).  
  
Menger, Carl. 1871 [1976]. Principles of Economics.  
Trans. James Dingwall and Bert Hoselitz. New York: New  
York University Press  
  
Fred Foldvary

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