Carl Menger
Austrian economist and founder of Marginalism
Austrian economist and founder of Marginalism
1840
185 years ago
Thinkers & Philosophers
Austria
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
Served as the second President of the Republic of Macedonia from 1999 until death in 2004. Focused on promoting peace and stability within the country during a period of ethnic tensions. Worked on furthering Macedonia's intentions to join the European Union and NATO. Advocated for governmental reforms and national dialogue across ethnic lines, enhancing cooperation among diverse communities.
Continue ReadingMargaret served as the queen consort of Scotland from 1286 until her death in 1290. She married King Alexander III of Scotland in 1285, strengthening ties between England and Scotland. Following the king's untimely death, her claim to the Scottish throne came into focus during a succession crisis. Her life was marked by significant political maneuvering and her role in the dynastic struggles of the time. Despite her early death, she played a pivotal role in the political landscape of Scotland.
Continue ReadingPlayed in the National Hockey League (NHL) for 17 seasons, primarily with the New York Rangers. Secured the Hart Memorial Trophy as the league's Most Valuable Player in 1959. Contributed to the game's evolution with offensive skills and playmaking ability. Served as a coach and manager after retirement from playing, influencing the development of future players.
Continue ReadingA Dutch-American economist and mathematician, contributions centered around operations research and economic theory. Played a significant role in developing the theory of optimal economic organization, particularly in decentralized economies. Work laid the foundation for the field of mathematical economics. Received the Nobel Memorial Prize in Economic Sciences in 1975 for contributions to the economic theory that highlights the allocation of resources in a decentralized context. Also served as a professor at Yale University, influencing the next generation of economists.
Continue ReadingContributed significantly to the fields of psychiatry and philosophy, focusing on existentialism and the nature of human existence. Developed the concept of 'limit situations', which pertain to the existential crises individuals face. Worked extensively on the philosophy of psychology and the relationship between psychiatry and ethics. Authored several influential works including 'Philosophy of Existence' and 'Man in the Modern Age'.
Continue ReadingAn American actor gained recognition for portrayals of tough characters in film and television. Made his film debut in 1943 with 'The Devil Thumbs a Ride.' Achieved prominence in the 1940s and 1950s with performances in films like 'Born to Kill' and 'Reservoir Dogs.' Featured in television series including 'The Honeymooners' and 'Two and a Half Men.' His distinctive persona contributed to a lasting legacy in the film noir genre, influencing portrayals of antiheroes in subsequent cinema.
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