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Carl Menger on States as Orders, not Organizations: Entangled Economy into a Neo-Mengerian Approach

In: Entangled Political Economy


  • Giandomenica Becchio


Abstract My contribution deals with the link between Wagner’s entangled political economy and Carl Menger’s economic thought. It is mainly based on what Wagner himself has called “neo-Mengerianism”: a new approach that considers economics as a discipline focused on the network-based interrelations among phenomena (based on human decisions) and political economy as embedded in a social framework no longer neutral from a political point of view.

Suggested Citation

  • Giandomenica Becchio, 2014. "Carl Menger on States as Orders, not Organizations: Entangled Economy into a Neo-Mengerian Approach," Advances in Austrian Economics,in: Entangled Political Economy, volume 18, pages 55-66 Emerald Publishing Ltd.
  • Handle: RePEc:eme:aaeczz:s1529-213420140000018003

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    References listed on IDEAS

    1. Menger, Carl, 1892. "On the Origins of Money," History of Economic Thought Articles, McMaster University Archive for the History of Economic Thought, vol. 2, pages 239-255.
    2. Pierre Garrouste, 1994. "Menger et Hayek à propos des institutions : continuité et ruptures," Post-Print halshs-00274495, HAL.
    3. Pierre Garrouste, 1994. "Menger and Hayek on Institutions : continuity and discontinuities," Post-Print halshs-00274422, HAL.
    4. Kiichiro Yagi, 1993. "Carl Menger's Grundsätze in the Making," History of Political Economy, Duke University Press, vol. 25(4), pages 697-724, Winter.
    5. Richard E. Wagner, 2007. "Fiscal Sociology and the Theory of Public Finance," Books, Edward Elgar Publishing, number 12713.
    6. Garrouste, Pierre, 1994. "Menger and Hayek on Institutions: Continuity and Discontinuity," Journal of the History of Economic Thought, Cambridge University Press, vol. 16(02), pages 270-291, September.
    7. Yukihiro Ikeda, 2008. "Carl Menger's monetary theory: A revisionist view," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 15(3), pages 455-473.
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    More about this item


    Neo-Mengerianism; emergentism; biology; social needs; B13; B31; B53;

    JEL classification:

    • B13 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Neoclassical through 1925 (Austrian, Marshallian, Walrasian, Wicksellian)
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • B53 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Austrian


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