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Carl Menger
Sign in to savefounder of the Austrian School of economics (1840–1921)
OverviewAI-generated
Carl Menger (1840–1921) was an Austrian economist and professor at the University of Vienna. Born in Nowy Sącz, he held citizenship in Austria, the Austrian Empire, and Austria–Hungary. He was educated at Jagiellonian University, the University of Vienna, and Charles University, with Lorenz von Stein serving as his doctoral advisor. Menger’s field of work was economics, and he is the author of numerous texts, including *Collected works* and *Beiträge zur Währungsfrage in Oesterreich-Ungarn*.
Among his students were Eugen von Böhm-Bawerk, Friedrich von Wieser, and Frank Fetter. Menger was the brother of Anton Menger and the father of Karl Menger. He died in Vienna and was buried at the Vienna Central Cemetery. His writings have been described in sources such as the Brockhaus and Efron Encyclopedic Dictionary and the New International Encyclopedia.
Synthesized by Vinony from 33 facts across 6 sources: Wikidata, Crossref, Open Library, MusicBrainz, Last.fm, Vinony graph. Generated from structured data (not the Wikipedia text) and checked against those facts — may still contain errors.
Person · Open Library
- Born
- 1840
- Died
- 1921
- Works
- 37
Top works
- Collected works
- Izsli︠e︡dovanīi︠a︡ o metodakh sot︠s︡īalʹnykh nauk i politicheskoĭ ėkonomīi v osobennosti
- Beiträge zur Währungsfrage in Oesterreich-Ungarn
- Das goldagio und der heutige stand der valutareform
- Carl Mengers Zusätze zu "Grundsätze der Volkswirthschaftslehre"
via Open Library + Wikidata
Wikidata facts
- Instance of
- human
- Given name
- Carl
- Gender
- male
- Citizenship
- Austria–Hungary
- Place of birth
- Nowy Sącz
- Place of death
- Vienna
- Child
- Karl Menger
- Occupation
- professor
- Educated at
- Charles University
- Employer
- University of Vienna
- Languages spoken
- German
- Notable work
- Principles of Economics
- Doctoral advisor
- Lorenz von Stein
- Doctoral student
- Frank Fetter
- Field of work
- economics
- Image
- Carl Menger Portrait ONB cropped.png
Show 10 more facts
- place of burial
- Vienna Central Cemetery
- Commons category
- Carl Menger
- date of birth
- 1840-02-23
- date of death
- 1921-02-26
- described by source
- New International Encyclopedia
- name in native language
- Carl Menger
- student
- Friedrich von Wieser
- different from
- Karl Menger
- relative
- Mansuet Johann Kosel
- member of
- Accademia Nazionale dei Lincei
via Wikidata · CC0
~11 min read
Encyclopedic overview
Carl Menger von Wolfensgrün (/ˈmɛŋɡər/ MENG-ghər; German: [ˈmɛŋɐ]; 28 February 1840 – 26 February 1921) was an Austrian economist who contributed to the marginal theory of value. Menger is considered the founder of the Austrian school of economics.
In building his marginalist approach, Menger rejected many established views of classical economics. He directly disputed the view of the "German school" that economic theory could be derived from history. Departing from the cost-of-production theory of value—the prevailing theory of Adam Smith, David Ricardo, and Karl Marx—Menger's subjective theory of value emphasized role of mutual agreement in deriving prices. Although he had few readers outside Vienna until late in his career, disciples including Eugen von Böhm-Bawerk and Friedrich von Wieser brought his theories into wider readership. Friedrich Hayek wrote that the Austrian school's "fundamental ideas belong fully and wholly to Carl Menger."
Excerpted from Wikipedia’s “Carl Menger” article, available under the CC BY-SA 4.0 licence.