From Paul Medow (26 January 1960)

[29] Dear Polanyi,

These are the chapters that should be written. They could be quite short. […]

SUMMARY

PART I: A GENERAL CONCEPT OF THE ECONOMY

1. The need for a general concept of the economy

[30] There is, first of all, a need for a general concept of the economy: the “formal” concept is not suitable for providing answers to a number of vital questions economies, and the Marxist concept has similar shortcomings.

[…]

2. The alternative basis: Menger's general concept of the economy

[31] Menger sought to develop a general concept of the economic process. He approached this through the analysis of the relationships of complementary …

3. Anthropology, "operational" definitions, and the general concept of the economy developed by the Columbia University Interdisciplinary project

[…]

[33] 2. Menger's concept of the economy

[…]

8. Two models of economic progress: Böhm-Bawerk's (and Lenin's) and Schumpeter's

[40] Menger's Principles, it is clearly separated from the concept of “economizing” behaviour.

The validity of this concept must be tested by its fruitfulness in solving the vital …

Letter Information

Reference:
KPA: 51/02, 29-40

Letter Information

Reference:
KPA: 51/02, 29-40