ECONOMIST

Carl Menger

1840 - 1921

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Carl Menger von Wolfensgrün (; 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. He directly disputed the view of the "German school" that economic theory could be derived from history. Read more on Wikipedia

His biography is available in different languages on Wikipedia. Carl Menger is the 38th most popular economist (down from 27th in 2019), the 91st most popular biography from Poland (down from 84th in 2019) and the most popular Polish Economist.

Carl Menger is most famous for his theory of marginal utility. He argued that the value of a good or service is not determined by the total quantity of it, but rather by the last unit consumed.

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Among ECONOMISTS

Among economists, Carl Menger ranks 38 out of 414Before him are Anne Robert Jacques Turgot, Elinor Ostrom, Charles Cooley, Maurice Allais, Eugen Böhm von Bawerk, and Simon Kuznets. After him are Michael Porter, Barack Obama Sr., Léon Walras, Wassily Leontief, Leonid Hurwicz, and John Hicks.

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Contemporaries

Among people born in 1840, Carl Menger ranks 13Before him are Victoria, Princess Royal, Murad V, Alphonse Daudet, Odilon Redon, Edward Drinker Cope, and Ernst Abbe. After him are Hiram Maxim, Father Damien, John Boyd Dunlop, August Bebel, Crazy Horse, and Richard von Krafft-Ebing. Among people deceased in 1921, Carl Menger ranks 12Before him are Nicholas I of Montenegro, Peter I of Serbia, Theobald von Bethmann-Hollweg, Roman von Ungern-Sternberg, Alfred Hermann Fried, and Ludwig III of Bavaria. After him are Talaat Pasha, Augusta Victoria of Schleswig-Holstein, `Abdu'l-Bahá, John Boyd Dunlop, Antoni Grabowski, and Isabel, Princess Imperial of Brazil.

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In Poland

Among people born in Poland, Carl Menger ranks 91 out of 1,694Before him are Krzysztof Penderecki (1933), Duchess Elisabeth of Württemberg (1767), Johannes Hevelius (1611), Stefan Banach (1892), Anna Jagiellon (1523), and Tamara de Lempicka (1898). After him are Ferdinand von Richthofen (1833), Alfred Döblin (1878), Anton Denikin (1872), Michael Andreas Barclay de Tolly (1761), Władysław Reymont (1867), and Józef Gosławski (1908).

Among ECONOMISTS In Poland

Among economists born in Poland, Carl Menger ranks 1After him are Reinhard Selten (1930), Oskar R. Lange (1904), Michał Kalecki (1899), Leszek Balcerowicz (1947), Leopold von Wiese (1876), Jan Krzysztof Bielecki (1951), Henryk Grossman (1881), Zyta Gilowska (1949), and Sławomir Skrzypek (1963).