Carl Menger
#512
Most Influential Person Across History
Founder of the Austrian School of economics
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Economics
Carl Menger's Degrees
- Doctorate Law University of Vienna
Why Is Carl Menger Influential?
(Suggest an Edit or Addition)According to Wikipedia, Carl Menger von Wolfensgrün was an Austrian economist and the founder of the Austrian School of economics. Menger contributed to the development of the theories of marginalism and marginal utility, which rejected cost-of-production theory of value, such as 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.
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What Schools Are Affiliated With Carl Menger?
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What Are Carl Menger's Academic Contributions?
Carl Menger has made the following academic contributions: