Carl Menger
#448 Overall Influence

Carl Menger

Founder of the Austrian School of economics

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Why is this person notable and influential?

Carl Menger was an Austrian economist and the founder of the Austrian School of economics. Menger contributed to the development of the theory of marginalism , which rejected the cost-of-production theories of value, such as were developed by the classical economists such as Adam Smith and David Ricardo. As a departure from such, he would go on to call his resultant perspective, the “Subjective Theory of Value”.

Source: Wikipedia

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Schools

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University of Vienna
University of Vienna

Public university in Vienna, Austria

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Charles University
Charles University

Oldest and largest university in the Czech Republic

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Jagiellonian University
Jagiellonian University

Polish higher education institution

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Notable Works

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Influence Rankings by Discipline

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#14 World Rank
Economics