Carl Menger
À propos de l'auteur
Carl Menger was an influential Austrian economist, best known for founding the Austrian School of economics. Born in 1840, he developed groundbreaking theories that emphasized the importance of individual choices and subjective value in the formation of economic phenomena. His seminal work, "Principles of Economics," published in 1871, laid the foundation for modern microeconomic theory, challenging the classical economic assumptions of his time and introducing concepts that would later shape the field of economics significantly.
Menger's ideas on money and its origins also played a crucial role in economic thought. In his work "The Origins of Money," he argued that money emerged spontaneously from the market as a medium of exchange, rather than being imposed by government decree. His analyses contributed to the understanding of market processes and the role of entrepreneurs. Menger's legacy endures in economic theory and practice, influencing generations of economists and shaping discussions around market behavior and the nature of economic goods.