Hans von Mangoldt (economist)

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Hans Karl Emil von Mangoldt (born June 9, 1824 in Dresden , Kingdom of Saxony , † April 19, 1868 in Wiesbaden , Hessen-Nassau ) was a German political scientist and economist .

family

Hans von Mangoldt came from the old Eastern noble family of Mangoldt from Posern near Weißenfels ( Saxony-Anhalt ). He was the son of the royal Saxon court of appeal president Karl von Mangoldt (1795-1870) and his first wife Emilie von Reiboldt (1798-1835).

Mangoldt married on June 11, 1853 in Dresden Louise von Lengerke (1834-1920), the daughter of the businessman Friedrich von Lengerke and Louise Kalisky.

His sons were the mathematician Hans von Mangoldt (1854–1925), royal Prussian secret councilor and professor at the Technical University of Danzig, and Karl von Mangoldt (1868–1945), housing reformer, secretary of the “ Institute for Common Welfare ”, founder, chairman and managing director of the "Association of the Reich Housing Act" (from 1904 "German Association for Housing Reform").

Life

From 1842 Mangoldt studied law and political science at the universities of Leipzig , Geneva and Tübingen . He did his doctorate in 1847 under Johannes Fallati with the thesis: "The task, position and establishment of the savings banks " . Mangoldt returned to Saxony after the March Revolution of 1848 and became editor of the Dresdener Journal .

After the coup he resigned and continues his research in political economy . From 1852 to 1854 he resumed work as an editor, after which he went to Göttingen and Freiburg im Breisgau , where in 1862 he got his first and only scientific position.

His first important work was The Doctrine of Entrepreneurial Profits (1855).

He is commonly referred to as a classical economist , but it appears that he anticipated the neoclassical idea of Joseph Schumpeter's entrepreneurship, as well as Alfred Marshall's price analysis and graphical representation of supply and demand. Mangoldt also introduced the mathematical formulation into economic theory, which was not paid much attention to by his contemporaries.

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