4. The Emergence of the Austrian School in the Methodenstreit
5. Carl Menger: Founder of the Austrian School
CHAPTER 5
Carl Menger: Founder of the Austrian School
Far removed from the metropolis, Vienna, in the small, nondescript Galician town of Neu Sandez (today Novy Sacz, Poland), Carl Menger was born on Friday, February 28, 1840, the third of ten children.1 His mother, Karoline, came from a wealthy, merchant family that had purchased the surrounding Maniowy estate. His father, Anton, was the descendant of a family that had once hailed from Bohemia and held the aristocratic title of “Edler von Wolfensgrün” (cf. Boos 1986, pp. 3–4).
6. Time is Money: The Austrian Theory of Capital and Interest
7. Friedrich von Wieser: From Economist to Social Scientist
8. Eugen von Böhm-Bawerk: Economist, Minister, Aristocrat
9. Emil Sax: The Recluse from Voloska
10. Further Students of Menger and Other Supporters
11. Money Makes the World Go Round: The Monetary Theory of the Business Cycle
12. Joseph A. Schumpeter: Maverick and Enigma
13. Schumpeter’s Theory of Economic Development
