Carl Menger Quote

The time period lying between command of goods of a higher order and possession of the corresponding goods of lower order can never be eliminated.


Menger, Principles, p. 67; cited in: Randall G. Holcombe, Great Austrian Economists, p. 90


The time period lying between command of goods of a higher order and possession of the corresponding goods of lower order can never be eliminated.

The time period lying between command of goods of a higher order and possession of the corresponding goods of lower order can never be eliminated.

The time period lying between command of goods of a higher order and possession of the corresponding goods of lower order can never be eliminated.

The time period lying between command of goods of a higher order and possession of the corresponding goods of lower order can never be eliminated.