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Carl Menger, the father of the Austrian school of economics and founder of marginal analysis in economics, came up with an understanding of the key property that leads to a good being adopted freely as money on the market, and that is salability – the ease with which a good can be sold on the market whenever its holder desires, with the least loss in its price.

Saifedean Ammous Quote: “Carl Menger, the father of the Austrian school of economics and founder of marginal analysis in economics, came up with an understanding of the key property that leads to a good being adopted freely as money on the market, and that is salability – the ease with which a good can be sold on the market whenever its holder desires, with the least loss in its price.”

“Carl Menger, the father of the Austrian school of economics and founder of marginal analysis in economics, came up with an understanding of the key property that leads to a good being adopted freely as money on the market, and that is salability – the ease with which a good can be sold on the market whenever its holder desires, with the least loss in its price.”

Saifedean Ammous

Saifedean Ammous Quote: “Carl Menger, the father of the Austrian school of economics and founder of marginal analysis in economics, came up with an understanding of the key property that leads to a good being adopted freely as money on the market, and that is salability – the ease with which a good can be sold on the market whenever its holder desires, with the least loss in its price.”
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