Concept information
Preferred term
Carl Menger
Definition
- Carl Menger was a professor of economics at the University of Vienna and the founder of the Austrian School of economic thought. Among economists, he ranks as the 19th century's greatest contributor to the theory of spontaneous order—the social-scientific tradition supporting the libertarian view that a free society can generate beneficial and sophisticated institutions without state involvement. [Source: The Encyclopedia of Libertarianism; Menger, Carl (1840–1921)]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/Carl_Menger
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