Melchior Palyi
From Wikipedia, the free encyclopedia
Melchior Palyi | |
|---|---|
| Born | March 14, 1892 |
| Died | 28 July 1970 (aged 78) |
| Academic work | |
| School or tradition | Neoclassical economics |
Melchior Palyi (14 March 1892 – 28 July 1970) was a Hungarian-American economist
Early life
Melchior Palyi was born in Budapest, Hungary on 14 March 1892.[1]
Education
Palyi obtained a master's degree in law from University of Budapest.[2] He received his doctorate in Economics from the University of Munich in 1915.[3]
Career
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 Reichsbank 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 28 July 1970 at Billings Memorial Hospital in Chicago.[9]
