Carl Menger Quotes

• 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

  Money, Independent, Power

  65 Copy quote

• Man himself is the beginning and the end of every economy.

  Carl Menger

  Men, Economy, Ends

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

  29 Copy quote

• 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

  19 Copy quote

• Money is not an invention of the state. It is not the product of a legislative act.

  Carl Menger

  Invention, States, Products

  21 Copy quote

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