domingo, março 07, 2010

# 34

«The nation as such is not a large subject that has needs, that works, practices economy, and consumes (...)Thus the phenomena of "national economy" are by no means direct expressions of the life of a nation as such or direct results of an "economic nation." They are, rather, the results of all the innumerable individual economic efforts in the nation (...) Whoever wants to understand theoretically the phenomena of "national economy" (…) must for this reason attempt to go back to their true elements, to the singular economies in the nation, and to investigate the laws by which the former are built up from the latter.» (p. 93)

Carl Menger, Investigations into the Method of the Social Sciences (1915)