Menger , Carl , 1840-1921 , Austrian economist

Born in 1840; studied economics at the Universities of Prague and Vienna, 1859-1863; became a prominent economic journalist, as well as writing a number of novels and comedies; gained a doctorate in law, 1866, and worked as an apprentice lawyer until granted a law degree from the University of Krakow, 1867; returned to work as a journalist, and developed Mengarian economics, which reconstructed price theory; published The principles of economics, 1871; joined the civil service, in the Press Department of the Austrian Cabinet, 1870-1873; appointed Lecturer, 1872, and Associate Professor, 1873-1876, Faculty of Law and Political Science, University of Vienna; tutor of Crown Prince Rudolph von Hapsburg, 1876-1878; Professor of Political Economy, Faculty of Law, University of Vienna, 1879-1903; published Investigation into the method of social sciences with special reference to economics, 1883; publication of The errors of historicism in German economics, 1884, began a lengthy debate between the Austrian School and the German Historical School; Member of a Commission charged with the reformation of the Austrian monetary system, 1888-1892; died 1921.