1840 - 1921
Carl Menger Austrian Economist
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Carl Menger is a member of the following lists: University of Vienna alumni, 1921 deaths and Austrian nobility.
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Details
| First Name |
Carl
|
| Last Name |
Menger
|
| Birthday |
28th February, 1840
|
| Birthplace |
Nowy Sącz in Austrian Galicia
|
| Died |
26th February, 1921
|
| Place of Death |
Vienna, Austria
|
| Zodiac Sign |
Pisces
|
| Nationality |
Austrian
|
| Occupation |
Economist
|
Carl Menger (; February 23, 1840 – February 26, 1921) was an Austrian economist and the founder of the Austrian School of economics. Menger contributed to the development of the theory of marginalism (marginal utility), which rejected the cost-of-production theories of value, such as were developed by the classical economists such as Adam Smith and David Ricardo. As a departure from such, he would go on to call his resultant perspective, the "Subjective Theory of Value".
