Carl Menger

Carl Menger
Carl Menger

Carl Menger was an Austrian economist and the founder of the Austrian School of economics. Menger contributed to the development of the theory of marginalism, which rejected the cost-of-production theories of value, such as were 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".

From *.wikipedia.org,
General Info
.
Male
Date of Birth
February 23rd, 1840
Age
186
Birth Place
Poland, Lesser Poland Voivodeship
Date of Death
February 26th, 1921
Died Aged
81
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