Carl Menger

From Conservapedia
This is an old revision of this page, as edited by Elamdri (talk | contribs) at 00:59, March 20, 2007. It may differ significantly from current revision.
Jump to navigation Jump to search

Carl Menger (1840–1921) founded the Austrian School of Economics (also known as neoclassical school of economics). He developed the theory of marginal utility. He refuted the labor theory of value popularized by classical economists like David Ricardo.