Carl Menger

Austrian economist and founder of Marginalism

Carl Menger - Thinkers & Philosophers born 1840
Born

1840
185 years ago

Died
Category

Thinkers & Philosophers

Country

Austria

Links & References

An economist and academic who established the foundations of the Austrian School of Economics. Developed the theory of marginal utility, which transformed economic analysis. Published 'Principles of Economics' in 1871, which laid out the principles of subjective value and utility. Contributed to the critique of socialism and was involved in debates with contemporary economists. Engaged in academic discourse and served as a professor, influencing future generations of economists.

Founded the Austrian School of Economics

Published 'Principles of Economics' in 1871

Developed the theory of marginal utility

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