Carl Menger
Austrian economist and founder of Marginalism
Born
1840
186 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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