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NOTE What was Menger's basic contribution?

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What Menger did in the press was to really revive the continental traditions, scholastic economic traditions, traditions of Catalan and Turgao in 18th century France,

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the tradition of subjective value theory, of individual action, really a course of praxeological work,

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a focus on individual actions and individual expectations and acting through time,

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And in fact, of course, the consumers valuing the good determine the price of the good and also determine the value of the factors of production.

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So the whole Austrian, the whole basic outlines of Austrian doctrine were in Minger's principles.

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They weren't fully worked out, but they were sort of in there.

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And they were essentially a revival in the development of the scholastic, medieval, late Spanish scholastic and 18th century French tradition.