Eugen von Böhm-Bawerk was an economist, lawyer, finance minister, teacher, and a founding figure of the Austrian School of economics. Born in 1851 in the city of Brno in the Austro-Hungarian Empire, Böhm-Bawerk was initially trained as a lawyer at the University of Vienna. During his education, he first read Menger’s Principles of Economics and it immediately transformed him into an economist. Although he never studied economics under Menger directly, he quickly became an adherent of his work.

FULL ARTICLE by Mattheus von Guttenberg