Fritz Schmidt (business economist)

Fritz Schmidt's grave in the main cemetery in Frankfurt am Main

Julius August Fritz Schmidt (born March 13, 1882 in Wahrenbrück ; † October 1, 1950 in Oberursel ) was a German business economist and economist .

From 1913 he was a professor of business administration in Frankfurt. Schmidt developed the "organic balance sheet theory". His work The organic balance sheet in the context of the economy was published in 1921. In this context, organic means to understand the company as part of the national economy. The claim in this environment justified the existence of the company.

The period of high inflation stimulated his scientific thinking. When entering assets in the balance sheet , Schmidt suggests operating with daily procurement values . The price increases would therefore be recorded. The reproduction cost view should also be applied to the profit and loss account .

In his scientific work, the business economist tried to preserve the unity of economics, consisting of business administration and economics.

He founded the magazine for business administration and was among other things the teacher of Edmund Heinen and Alfred Isaac .

Works (selection)

• The replacement price of the sales day in calculation and economics. Keip, Frankfurt am Main 1980 (reprint of the edition of Industrieverlag Spaeth and Linde, Berlin 1923)
• The organic balance in the context of the economy. Keip, Frankfurt am Main 1980 (reprint of the edition Gloeckner, Leipzig 1921; facsimile print based on the original from 1921: Gabler, Wiesbaden 1979; ISBN 3-409-14071-9 )
• The organic daily value balance. Gabler, Wiesbaden 1951. Unchanged reprint of the 3rd edition
• Performance economy. Industrieverlag Spaeth & Linde, Berlin 1942
• Recovered paper as a raw material. Teaching material center of the Dt. Labor front, Berlin-Zehlendorf [1938]
• Business economics. Industrieverlag Spaeth & Linde, Berlin 1933, 4th, ext. Edition of the work: "The industrial economy - a calculation error!"
• Fighting or Maintaining Unemployment ? Industrieverlag Spaeth & Linde, Berlin 1930 (magazine for business administration. Volume 7. 1930, issue 6)
• Calculation and pricing policy. Industrial publishing house Spaeth & Linde, Berlin 1930

literature

• Friedrich Henzel [Hrsg.]: Performance economy. Festschrift for Fritz Schmidt on the occasion of his 60th birthday, dedicated by his students. Industrieverlag Spaeth and Linde, Berlin / Vienna 1942 ISBN 3-8051-0065-5 (Reprint 1991)
• Dieter Schneider:  Schmidt, Fritz. In: New German Biography (NDB). Volume 23, Duncker & Humblot, Berlin 2007, ISBN 978-3-428-11204-3 , p. 188 f. ( Digitized version ).
• Peter Mantel: Business Administration and National Socialism: A Study of Institutional and Personal History . Wiesbaden: Gabler, 2010, ISBN 978-3-8349-8515-6 , pp. 819-822

Web links

• Literature by and about Fritz Schmidt in the catalog of the German National Library