!!!Menger von Wolfensgrün, Carl

b. Nowy Sacz, Poland (then Neu-Sandez), Feb. 23, 1840, 
d. Vienna, Feb. 26, 1921, political economist, brother of Anton  
Menger von Wolfensgruen and Max  Menger von Wolfensgruen, father of 
Karl  Menger. Studied law in Prague, Vienna and Kraków, from 
1867 several years in the press agency of the Crown Council presidency 
in Vienna, from 1876 tutor to Crown Prince  Rudolf. From 1873 
professor of political economy at the University of Vienna. Gained 
particular merit as member of the monetary inquest committee in 1892 
which introduced the gold standard in Austria-Hungary. Became 
life-member of the Upper Chamber of the Reichsrat for life in 1900. 
Considered founder of the ( Marginal Utility Theory  and the father of 
the  School of Economics, Austrian.

!Publications
Grundsaetze der Volkswirtschaftslehre, 1871; Der 
Uebergang zur Goldwaehrung, 1883. - Edition: The Collected Works, ed. 
by F. A. Hayek, 4 vols., 1933-1936 (German 1968-1970).

!Literature
OeBL; NDB.



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