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Economists Suggested Reading

Suggested reading: European emigrés and American Economics. Hagemann. 2011

Harald Hagemann (2011): European émigrés and the ‘Americanization’ of economics, The European Journal of the History of Economic Thought, 18:5, 643-671

Abstract

The development of economics since 1945 was marked by an increasing internationalization that was simultaneously in large part a process of Americanization. This article focuses on the role refugee economists from Continental Europe played in the rise of American economics. It focuses on the emigration of German-speaking economists after 1933; and then deals with the special case of Jacob Marschak who emigrated twice, first from the Soviet Union in 1919 and then from Nazi Germany, and exerted a greater influence in Britain and in the USA. Finally important contributions by émigré economists to game theory, public finance and development economics are reflected.