An ontology of economic objects: an application of Carl Menger's ideas. From: The American Journal of Economics and Sociology | Date: April 1, 1999| Author: Zuniga, Gloria L. | COPYRIGHT 1999 American Journal of Economics and Sociology, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

Economic reality is constituted by economic objects such as goods, commodities, money, value, price, and exchange which together give rise to the complex entity known as the market. Each of these categories is governed by exact laws that provide the conditions for settling objectively whether individuals' views about an instance of any category indeed correspond to that category. This paper describes these laws as an ontological application of Carl Menger's 1871 contribution. This pap...

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