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About Carl Menger
Austrian-born Carl Menger is commonly regarded as the founding father of the Austrian school of economic thought. In his work "Principles of Economics", published in 1871, he argued that the value of a good is in each case determined by the subjectively estimated value attached to that good’s final unit ("marginal unit"), a circumstance which he referred to as the "law of marginal utility".
Other economists including Eugen von Böhm-Bawerk, Friedrich von Wieser, Ludwig von Mises and Friedrich August von Hayek subsequently built on his hypotheses.
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Veranstaltungskalender des Geldmuseums
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Invitation to bid for 3-months Bills of the European Stability Mechanism (ESM)
141 KB, PDF
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German general government debt up in 2023 by €62 billion to €2.62 trillion, debt ratio down from 66.1% to 63.7%
General government debt in Germany increased by €62 billion in 2023 to €2.62 trillion. The basis for this calculation is government debt as defined in the Maastricht Treaty, which is harmonised across the European Union. The increase was similar to that of the previous year, but significantly weaker than in the years before. Central government debt grew by €75 billion, while state government debt continued to fall.
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Geldmengenentwicklung im Euroraum: Februar 2024
677 KB, PDF
Die Jahreswachstumsrate der weit gefassten Geldmenge M3 lag im Februar 2024 bei 0,4 % nach 0,1 % im Januar. In den drei Monaten bis Februar betrug sie durchschnittlich 0,2 %.
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Announcement of auction – Reopening 10-year Federal bond
173 KB, PDF
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Invitation to bid by auction – Reopening of Federal Treasury notes
157 KB, PDF