Carl Menger, Date of Birth, Place of Birth, Date of Death
TweetCarl Menger
founder of the Austrian School of economics
Date of Birth: 
Place of Birth: Nowy Sącz, Lesser Poland Voivodeship, Poland
About Carl Menger
- Carl Menger (; German: ['m???]; 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”.
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See Also
- Famous People's Birthdays on 23 February, Poland
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- Famous professor's Birthdays in February, Austria
- Famous economist's Birthdays on 23 February, Austria
- Famous economist's Birthdays in February, Austria