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Carl Menger (/ˈmɛŋɡər/; German: [ˈmɛŋɐ]; February 23, 1840 – February 26, 1921) was an Austrian economist and the founder of the Austrian School of economics. Menger contributed to the development of the theory of marginalism (marginal utility), which rejected the cost-of-production theories of value, such as were developed by the classical economists such as Adam Smith and David Ricardo. Menger used his “Subjective Theory of Value” to arrive at what he considered one of the most powerful insights in economics: both sides gain from exchange. | Carl Menger (/ˈmɛŋɡər/; German: [ˈmɛŋɐ]; February 23, 1840 – February 26, 1921) was an Austrian economist and the founder of the Austrian School of economics. Menger contributed to the development of the theory of marginalism (marginal utility), which rejected the cost-of-production theories of value, such as were developed by the classical economists such as Adam Smith and David Ricardo. Menger used his “Subjective Theory of Value” to arrive at what he considered one of the most powerful insights in economics: both sides gain from exchange. | ||
== | == Main Works == | ||
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| 1883 | | 1883 | ||
| | | ''Untersuchungen über die Methode der Socialwissenschaften und der politischen Oekonomie insbesondere'' | ||
| Investigations into the Method of the Social Sciences with Special Reference to Economics | | Investigations into the Method of the Social Sciences with Special Reference to Economics | ||
|- | |- | ||
| 1884 | | 1884 | ||
| | | ''Die Irrthümer des Historismus in der deutschen Nationalökonomie'' | ||
| The Errors of Historicism in German Economics | | The Errors of Historicism in German Economics | ||
|- | |- | ||
| 1888 | | 1888 | ||
| | | Zur Theorie des Kapitals | ||
| The Theory of Capital | | The Theory of Capital | ||
|- | |||
| 1889 | |||
| Grundzüge einer Klassifikation der Wirtschaftswissenschaften | |||
| Principles of a Classification of the Theories on Economics | |||
|- | |- | ||
| 1892 | | 1892 | ||
| | | On the Origins of Money | ||
| | | | ||
|- | |- | ||
| 1923 (posth.) | | 1923 (posth.) | ||
Version actuelle datée du 28 juillet 2018 à 10:47
Welcome on the English version of our (draft) Website dedicated to Carl Menger !
Carl Menger (/ˈmɛŋɡər/; German: [ˈmɛŋɐ]; February 23, 1840 – February 26, 1921) was an Austrian economist and the founder of the Austrian School of economics. Menger contributed to the development of the theory of marginalism (marginal utility), which rejected the cost-of-production theories of value, such as were developed by the classical economists such as Adam Smith and David Ricardo. Menger used his “Subjective Theory of Value” to arrive at what he considered one of the most powerful insights in economics: both sides gain from exchange.
Main Works
| Année | Original name | English translation |
|---|---|---|
| 1871 | Grundsätze der Volkswirtschaftslehre | Principles of economics |
| 1883 | Untersuchungen über die Methode der Socialwissenschaften und der politischen Oekonomie insbesondere | Investigations into the Method of the Social Sciences with Special Reference to Economics |
| 1884 | Die Irrthümer des Historismus in der deutschen Nationalökonomie | The Errors of Historicism in German Economics |
| 1888 | Zur Theorie des Kapitals | The Theory of Capital |
| 1889 | Grundzüge einer Klassifikation der Wirtschaftswissenschaften | Principles of a Classification of the Theories on Economics |
| 1892 | On the Origins of Money | |
| 1923 (posth.) | Grundsätze der Volkswirtschaftslehre | Principles of economics |