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The Empirical and Inductivist Economics of Professor Menger

  • Karl Milford
Chapter
Part of the The European Heritage in Economics and the Social Sciences book series (EHES, volume 11)

Abstract

Carl Menger was born as Carl Menger von Wolfesgrün on February 23rd, 1840 in Neusandez on the fringes of the Austrian–Hungarian Empire. Today Neusandez is called Nowy Sacz and lies in Poland. He died as Professor Dr. Carl Menger briefly after his 81st birthday on February 26th, 1921 in Vienna, the former capital of the Austrian–Hungarian monarchy. After the Great War, Vienna became the capital of the young Austrian republic in which titles of nobility were generally abolished by law. The precise date of Menger’s refusal to attach the title of nobility “von Wolfesgrün” to his name is not exactly known, but it certainly dates back long before the decline of the Austrian–Hungarian Empire in 1918 and the birth of the new Austrian republic. It rather seems that Menger’s liberal but not libertarian political views had been responsible for this decision.

Keywords

Inductive Inference Relative Prex Empirical Science Price Theory Methodological Individualism 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Science+Business Media, LLC 2012

Authors and Affiliations

  1. 1.Department of EconomicsUniversity of ViennaViennaAustria

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