One of the fundamental tenets of Austrian economics is the ordinal value scale. Augustine articulated the idea more than a thousand years before Carl Menger wrote his pathbreaking&nbsp;<em>Principles of Economics</em>.

Original Article: <a href="https://mises.org/wire/saint-augustine-proto-austrian" target="_blank">"Saint Augustine, Proto-Austrian"</a>

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One of the fundamental tenets of Austrian economics is the ordinal value scale. Augustine articulated the idea more than a thousand years before Carl Menger wrote his pathbreaking Principles of Economics.

Saint Augustine, Proto-Austrian

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