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Carl Menger
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OverviewAI-generated
Carl Menger was an Austrian economist and professor born in Nowy Sącz in 1840. He held citizenship in the Austrian Empire, Austria–Hungary, and Austria. Menger was educated at the Jagiellonian University, the University of Vienna, and Charles University. He served as a professor at the University of Vienna and studied under doctoral advisor Lorenz von Stein. His field of work was economics, and he spoke German.
Menger died in Vienna in 1921 and is buried in the Vienna Central Cemetery. He was the father of Karl Menger and sibling of Anton Menger. His students and doctoral students included Eugen von Böhm-Bawerk, Friedrich von Wieser, and Frank Fetter. His notable works include *Collected works*, *Beiträge zur Währungsfrage in Oesterreich-Ungarn*, and *Das goldagio und der heutige stand der valutareform*. He is described by the *Brockhaus and Efron Encyclopedic Dictionary* and the *New International Encyclopedia*.
Synthesized by Vinony from 27 facts across 2 sources: Wikidata, Open Library. 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.