Happy Birthday to Carl Menger!

Carl Menger
Happy Birthday to our organization’s namesake, Carl Menger, born on February 23, 1840, in Neu Sandez in the Austrian Empire. If you haven’t read it before, take a look at his short work “The Origins of Money.” Menger’s insights into the origins of money as a market-created rather than a state-created institution continue to inform economists in the Austrian School to the present day.