Melchior Palyi
Melchior Palyi | |
|---|---|
| Born | March 14, 1892 |
| Died | July 28, 1970 (aged 78) |
| Academic work | |
| School or tradition | Neoclassical economics |
Melchior Palyi (1892 – 1970) was a Hungarian-American economist
Life
[edit]Early life
[edit]Melchior Palyi was born in Budapest, Hungary on March 14, 1892.[1]
Education
[edit]Palyi obtained a masters degree in law from University of Budapest.[2] He received his doctorate in Economics from the University of Munich in 1915.[3]
Career
[edit]From 1915 to 1918, Palyi worked for the Austro-Hungarian Bank and the Hungarian Ministry of Agriculture.[2] From 1918 to 1933, he taught at the University of Munich, the University of Göttingen and the University of Kiel.[4] After Max Weber's death in 1920, Palyi and Siegmund Hellmann edited and collected student notes of Weber's last complete lecture series—entitled the General Economic History—into a volume that was published in 1923.[5] Palyi was a visiting professor at the universities of Oxford, California in Los Angeles, and Chicago between 1926 and 1928.[6] In 1928, he became an economist at the Deutsche Bank and advised the Reichbank beginning in 1931.[7] Both positions ended in 1933.[2] Until 1931, Palyi was also a Professor of Finance at the Graduate School of Commerce in Berlin.[4] After the Nazi seizure of power, Palyi emigrated to the United Kingdom and resumed lecturing at Oxford, before returning to the United States and resuming his position as a visiting professor in Chicago between 1933 and 1937. Three years after leaving the University of Chicago, he was a lecturer at Northwestern University.[2] Between 1961 and 1968, Palyi wrote business columns for the Chicago Tribune. He then wrote for the Commercial & Financial Chronicle for the next two years.[8] Palyi died on July 28, 1970 at Billings Memorial Hospital in Chicago.[9]
Bibliography
[edit]- Compulsory Medical Care and the Welfare State[4]
- Managed Money at the Crossroads[4]
- An Inflation Primer[4]
- The Twilight of Gold[4]
See also
[edit]References
[edit]- ^ Samuels 2005, p. 305; University of Chicago 2009.
- ^ a b c d Samuels 2005, pp. 305–306.
- ^ Samuels 2005, pp. 305–306; University of Chicago 2009.
- ^ a b c d e f University of Chicago 2009.
- ^ Weber 2023, pp. ix–xi; Kaesler 2014, pp. 904–906.
- ^ Samuels 2005, pp. 305–306; University of Chicago 2009; Zweig 2010.
- ^ Samuels 2005, pp. 305–306; Zweig 2010; University of Chicago 2009.
- ^ Samuels 2005, pp. 305–306; The New York Times 1970.
- ^ Samuels 2005, pp. 305–306; The New York Times 1970; Zweig 2010.
General and cited sources
[edit]- "Dr. Melchior Palyi, Economist, 78, Dies". The New York Times. 31 July 1970. ISSN 0362-4331. Archived from the original on 27 March 2024.
- "Guide to the Melchior Palyi Papers 1915–1970". University of Chicago. 2009. Archived from the original on 1 December 2024.
- Kaesler, Dirk (2014). Max Weber. Preuße, Denker, Muttersohn. Eine Biographie (in German) (First ed.). Munich: C. H. Beck. ISBN 978-3-406-66076-4. JSTOR j.ctv1168mt4. OCLC 878146290. S2CID 170890977.
- Samuels, Warren (2005). "Melchior Palyi: Introduction and Biography". Documents from F. Taylor Ostrander. Research in the History of Economic Thought and Methodology. Vol. 23. Bingley: Emerald Publishing. pp. 305–306. doi:10.1016/s0743-4154(05)23108-5. ISBN 978-0-7623-1165-1. OCLC 76065872.
- Weber, Max (2023). Tribe, Keith (ed.). General Economic History. Routledge Classics. Translated by Knight, Frank; Tribe, Keith (First ed.). Abingdon-on-Thames: Routledge. doi:10.4324/9781003411857. ISBN 978-1-003-41185-7. OCLC 1393524164. S2CID 260858809.
- Zweig, Jason (6 November 2010). "The Intelligent Investor: Melchior Palyi, the Man Who Called the Financial Crisis—70 Years Early". Wall Street Journal. ISSN 0099-9660. Archived from the original on 7 June 2023.
