Carl Menger

Founder of the Austrian School of economics (1840–1921)

Carl Menger von Wolfensgrün ( MENG-ghər; German: [ˈmɛŋɐ]; 28 February 1840 – 26 February 1921) was an Austrian economist who contributed to the marginal theory of value. Menger is considered the founder of the Austrian school of economics. In building his marginalist approach, Menger rejected many established views of classical economics.

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