Mikhail Tugan-Baranovsky (Russian: Михаил Иванович Туган-Барановский; Ukrainian: Михайло Іванович Туган-Барановський; 20 January 1865 – 21 January 1919) was a Russian and Ukrainian Marxist, economist and politician. He was a leading exponent of Legal Marxism in the Russian Empire and was the author of numerous works dealing with the theory of value, the distribution of a social revenue, history of managerial development, and fundamentals of cooperative managerial activities. After the Russian Revolution, he was a founder of the National Academy of Sciences of Ukraine and one of the earliest Uk