From Karl Menger to Charles Menger? How Austrian economics (hardly) spread in France

Abstract

The father of the "Austrian" Marginalist revolution and founder of the so-called

Historical Problems Of Socio-Economic Development Of Society

“…While economic theories of prosperity and scarcity have grown, economists have turned their attention to questions about how markets function and how market prices are calculated. English economist, Carl Menger from Austria, and Leon Walras separately created a new economic viewpoint known as marginalization (Campagnolo, 2018). In practice, they were mostly inspired by the fact that the general classes of economic products are not really the subject of broad decisions.…”

“…In order to cultivate our most important asset, our citizens, we need to go further than governmental consideration. The mission of improving the health of all people and preventing and reducing poverty must be shared responsibility with voluntary organizations, employers, colleges and communities (Campagnolo, 2018).…”