Jacob Marschak 1898–1977: From a Russian Revolutionist to President-Elect of the American Economic Association

Robert Dimand and Harald Hagemann

A chapter in Russian and Western Economic Thought, 2022, pp 287-306 from Springer

Abstract: Abstract Jacob Marschak had one of the most adventurous biographies of any economist in the 20th century. Born in Kiev, as an active Menshevist he became Secretary of Labour in the Terek Republic in the Northern Caucasus in the wake of the Russian Revolution. When he died in Los Angeles in 1977 he was President elect of the American Economic Association. Dimand and Hagemann highlight Marschak’s professional career that extended across three countries with very different academic environments: Republican Germany (1919−33), the United Kingdom, where Marschak became the founding director of the Oxford Institute of Statistics, and the USA, where he was appointed director of the Cowles Commission in Chicago in 1943. Whereas topics and political activities in Germany were still shaped by his Menshevist convictions, after the second emigration Marschak abstained from political issues and developed into a leading scholar in econometrics and mathematical modeling.

Keywords: Keywords; Cowles Commission; Emil Lederer; Jacob Marschak; Oxford Institute of Statistics; Harry Markowitz; Franco Modigliani; Don Patinkin (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spshcp:978-3-030-99052-7_14

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DOI: 10.1007/978-3-030-99052-7_14

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