LEADER 00000nim a22004935a 4500 003 MWT 005 20191125094149.0 006 m o h 007 sz zunnnnnuned 007 cr nnannnuuuua 008 130915s2006 xxunnn es i n eng d 020 9781982418717 (sound recording : hoopla Audio Book) 020 1982418710 (sound recording : hoopla Audio Book) 029 https://d2snwnmzyr8jue.cloudfront.net/ bsa_9781433237850_180.jpeg 028 42 MWT10027423 037 10027423|bMidwest Tape, LLC|nhttp://www.midwesttapes.com 040 Midwest|erda 082 04 330.15/7|222 099 eAudiobook hoopla 099 eAudiobook hoopla 100 1 Kirzner, Israel M. 245 10 Early Austrian economics :|bnew importance for the consumer|h[Hoopla electronic resource] /|cIzrael Kirzner. 250 Unabridged. 264 1 [United States] :|bBlackstone Publishing,|c2006. 264 2 |bMade available through hoopla 300 1 online resource (1 audio file (2hr., 29 min.)) : |bdigital. 336 spoken word|bspw|2rdacontent 337 computer|bc|2rdamedia 338 online resource|bcr|2rdacarrier 344 digital|hdigital recording|2rda 347 data file|2rda 506 Digital content provided by hoopla. 511 1 Read by Lois Rukyser. 520 Carl Menger (1840-1921), and Eugen von Bohm-Bawerk (1851- 1914), working in Vienna in the late nineteenth century, rejected the classical and Marxian ideas that value can be measured objectively. They insisted that the subjective preferences of consumers determine value; this shifted the attention of economic analysis from productive power to consumer demand. This shift led to keen new insights, including the idea that the marginal utility of goods, i.e., the usefulness to a consumer of one more (or less) unit of an item, determines its price. Other insights of the early Austrians include an explanation of why interest is necessary; how the price system allocates economic resources; how to determine cause vs. effect in economic affairs; and how to distinguish between the means (activities) and ends (goals) of economic activity. 538 Mode of access: World Wide Web. 600 10 Menger, Carl,|d1840-1921. 600 10 Böhm-Bawerk, Eugen von,|d1851-1914. 650 0 Economics. 700 1 Rukeyser, Louis.|4nrt 710 2 hoopla digital. 830 0 Great economic thinkers. 830 0 Audio classics series. 856 40 |uhttps://www.hoopladigital.com/title/ 10027423?utm_source=MARC|zInstantly available on hoopla. 856 42 |zCover image|uhttps://d2snwnmzyr8jue.cloudfront.net/ bsa_9781433237850_180.jpeg