The Carl Menger Institute for Market Economics
Mission & Vision
Who Are We?
The Carl Menger Institute for Market Economics is a pioneering educational and research center dedicated to developing a distinctly anthropoethical science of market phenomena. The Institute investigates how markets harmonize the diverse knowledge, values, and circumstances of individuals. Thereby, we transcend the false mathematical and inductive frameworks that fail to account for human agency and the role of subjective preference in the marketplace.
What Do We Do?
The Institute's flagship educational program is the Menger Academy. It encompasses a comprehensive, one-year, in-person and fully-covered program. Culminating in a Diploma in Market Economics, the Academy centers around ten holistic "Pillars:" These equip an elite cadre of scholars with a comprehensive understanding of purposeful human action, subjective value assessments, and the institutional-cultural foundations of a prosperous social order.
Select graduates of the Academy — better known as Menger Scholars — may also write for the groundbreaking C. M. Journal. This publication provides an essential platform for scholarship that illuminates the intricate processes of market coordination.
What Are Our Goals?
The Carl Menger Institute for Market Economics aims to cultivate a new generation of economic thinkers who will lay the cornerstones for any adaptive, peaceful, and flourishing society. The Academy's graduates are poised to drive change in a plethora of sectors.
Students will spearhead new research initiatives, challenge conventional wisdom and develop economic models that reflect the reality of human action and market processes. In business, our graduates will bring fresh insights to industries ranging from finance to technology. Their ability to analyze market phenomena through an anthropoethical lens will lead navigation of the marketplace from a grounded, understanding point-of-view.
Through their diverse career paths, Menger Scholars will create lasting impacts that extend far beyond the classroom; they will (re-)shape economic thought and practice for generations to come.