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 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. Read more on Wikipedia

Since 2007, the English Wikipedia page of Carl Menger has received more than 506,848 page views. His biography is available in 44 different languages on Wikipedia (up from 41 in 2019). Carl Menger is the 27th most popular economist, the 84th most popular biography from Poland (down from 82nd 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 27 out of 414Before him are Amartya Sen, Joseph Stiglitz, Alexander Hamilton, Jacques Delors, Anne Robert Jacques Turgot, and Henri Fayol. After him are Simon Kuznets, Michael Porter, Herbert A. Simon, Barack Obama Sr., William Petty, and Elinor Ostrom.

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Contemporaries

Among people born in 1840, Carl Menger ranks 11Before him are Crazy Horse, Murad V, Victoria, Princess Royal, Alphonse Daudet, Odilon Redon, and Edward Drinker Cope. After him are Ernst Abbe, Carlota of Mexico, John Boyd Dunlop, August Bebel, Father Damien, and Per Teodor Cleve. Among people deceased in 1921, Carl Menger ranks 7Before him are Enrico Caruso, Camille Saint-Saëns, Peter Kropotkin, Gabriel Lippmann, Peter I of Serbia, and Ludwig III of Bavaria. After him are Alfred Hermann Fried, Augusta Victoria of Schleswig-Holstein, Talaat Pasha, Roman von Ungern-Sternberg, Nicholas I of Montenegro, and Theobald von Bethmann-Hollweg.

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Others Deceased in 1921

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In Poland

Among people born in Poland, Carl Menger ranks 84 out of 1,694Before him are Casimir IV Jagiellon (1427), Dietrich Bonhoeffer (1906), Kurt Alder (1902), Catherine Jagiellon (1526), Michael Andreas Barclay de Tolly (1761), and Andrzej Sapkowski (1948). After him are Robert Luther (1822), Friedrich Bergius (1884), Norbert Elias (1897), Isidor Isaac Rabi (1898), Ferdinand von Richthofen (1833), and Benoit Mandelbrot (1924).

Among ECONOMISTS In Poland

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