Fritz Machlup

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Machlup, Fritz


Born Dec. 15, 1902, in Wiener Neustadt, Austria. American economist. Graduated from the University of Vienna (1923).

In 1933, Machlup emigrated to the USA, where he taught at a number of higher educational institutions. He was a professor at Princeton University in the 1960’s, and in 1965 he was elected president of the American Economic Association. He wrote on the theory of prices, monetary circulation and credit, and international trade and currency relations. In a number of his works, he adduces extensive factual material that, despite the author’s intentions, testifies to the intensifying oppression by financial capital in the USA.


The Political Economy of Monopoly: Business, Labor and Government Policies. Baltimore, 1952.
International Payments, Debts and Gold: Collected Essays. New York, 1964.
International Trade and the National Income Multiplier. New York, 1965.
In Russian translation:
Plany perestroiki mezhdunarodnoi valiutnoi sistemy. Moscow, 1966.
Proizvodstvo i rasprostranenie znanii v SShA. Moscow, 1966.
References in periodicals archive ?
But at some point stockholders will sell to enjoy their profits, and initial public offerings will take advantage of higher stock prices, as Fritz Machlup explains in The Stock Market, Credit, and Capital Formation (New York: MacMillan, 1940).
Specifically, this had been the case with Paul Rosenstein-Rodan, Fritz Machlup and Martha Stefanie Braun.
The Rise and Perception of Information Society: Initially, Fritz Machlup introduced the concept of information or knowledge society and identified five sectors of knowledge economy, namely; educations, research and development, mass media, information technologies, and information services.
Economist Fritz Machlup took a unique goals-assumptions-opportunity costs approach to the examination of alternative monetary reform plans.
All previously written prefaces and introductions to earlier editions are reproduced in this volume as are the readers' reports of Frank Knight and Jacob Marschak and correspondence between the publishers and the author's representative, Fritz Machlup.
in 1938, his life first in Boston and then in New York, and finally anecdotes about his friends and acquaintances including Paul Hindemith, Mieczyslaw Horszowski, Alexander Kipnis, the economist Fritz Machlup, the Czech soprano Jarmila Novotna, Wanda Landowska, the Viennese voice teacher Julius Patzak, Curt Sachs, the philosopher Alfred Schutz, and Bruno Walter.
1) Algunos autores asumen que esto tuvo lugar primero en los Estados Unidos a principios de la decada del 60 con un trabajo de Fritz Machlup [2] (2) de la Universidad de Princeton, titulado Produccion del Conocimiento.
1199 (1949) (reviewing FRITZ MACHLUP, THE BASING-POINT SYSTEM (1949)).
Schumpeter presided over the lengthy weekly meetings (at which economics was discussed) of the European Rockefeller Fellows which included Oscar Lange, Fritz Machlup, Gerhard Tintner, and Nicholas Kaldor, all to become illustrious scholars in economics.
Another occasion which is equally telling: Fritz Machlup was a student of Mises's, one of his most faithful disciples.
There Miller pointed out that, in 1959 and 1960, Fritz Machlup gave a series of invited lectures on this subject at Cornell and Fordham universities.
Fritz Machlup, well-known world authorities like Prof.