File:Carl_Menger_Portrait_ONB_cropped.png · Wikimedia Commons · See Wikimedia Commons
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
Listeners · Last.fm
- Listeners
- 11
- Total plays
- 92
<a href="https://www.last.fm/music/Carl+Menger">Read more on Last.fm</a>
Recent publications · Crossref
5 total works indexed
- Global burden of 369 diseases and injuries in 204 countries and territories, 1990–2019: a systematic analysis for the Global Burden of Disease Study 2019
· 2020 · cited 15,938x
- The MIQE Guidelines: Minimum Information for Publication of Quantitative Real-Time PCR Experiments
· 2009 · cited 14,204x
- Salmon provides fast and bias-aware quantification of transcript expression
· 2017 · cited 12,481x
- Global, regional, and national incidence, prevalence, and years lived with disability for 354 diseases and injuries for 195 countries and territories, 1990–2017: a systematic analysis for the Global Burden of Disease Study 2017
· 2018 · cited 10,989x
- Global Burden of Cardiovascular Diseases and Risk Factors, 1990–2019
· 2020 · cited 10,210x
via Crossref · CC0
Quotes
- “There is no better means of reducing a fallacious variety of thought to absurdity than to let it live itself out completely.”
- “The time period lying between command of goods of a higher order and possession of the corresponding goods of lower order can never be eliminated.”
- “Assuming... that all available goods of higher order are employed in the most economic fashion, the value of a concrete quantity of a good of higher order is equal to the difference in importance between the satisfactions that can be attained when we have command of the given quantity of the good of higher order whose value we wish to determine and the satisfactions that would be attained if we did not have this quantity at our command.”
- “How can it be that institutions which serve the common welfare and are extremely significant for its development come into being without a common will directed toward establishing them?”
- “The solution of the most important problems of the theoretical social sciences in general and of theoretical economics in particular is thus, closely connected with the question of theoretically understanding the origin and change of 'organically' created social structures.”
via Wikiquote · CC BY-SA
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.