Hans Neisser

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Hans Philip Neisser (born September 3, 1895 in Breslau ; died January 1, 1975 in Berkeley, California ) was a German-American economist .

Life

His parents converted from Jewish to Protestant at an early age. He spent his childhood in Wroclaw in a socially committed family. After graduating from high school in 1913, he studied law and economics in Freiburg , Munich and Breslau until he was called up as a soldier in 1917 for the First World War , in which he participated until it ended.

After the end of the war, PhD in two departments; 1919 with a thesis on animal owner liability for Dr. jur. and in 1920 with a thesis on the importance of the law of decreasing land yields for Dr. rer. pole. His appointment as court assessor in 1921 was short-lived. Given Germany's economic difficulties, he was drawn more to economics . From 1922 he was a research associate on the Socialization Commission . In 1923 he married Charlotte Schröter, who is two years younger than him and who also came from Breslau. In 1923 he had to experience the French occupation of the Ruhr area and its economic effects. In 1925 he was editor of the left-liberal magazine der Wirtschaft for a short time and from 1926 to 1927 he was again a research assistant, this time on the committee for the investigation of the production and sales conditions of the German economy .

1927 received a call as a department head in the Kiel institute for world economy and sea traffic . In this group of theoretically oriented, statistically active and politically committed economists, he stood out alongside Adolf Löwe and Gerhard Colm . He actively participated in the extensive empirical surveys and took a critical position on German monetary and economic policy during the global economic crisis . His proposals anticipated some thoughts from John Maynard Keynes . His work The Exchange Value of Money , published in 1928 and on which he had worked for four years, made him famous internationally and served to do his habilitation in economics.

With the transfer of power to the National Socialists , he and Adolf Löwe lost their license to teach for political and racial reasons. Both emigrated to the United States with their families. At the University of Pennsylvania in Philadelphia , Neisser received a professorship in monetary theory and was one of the first American professors to teach and develop the macroeconomic theory founded by Keynes . When the United States entered the war, he worked from 1942 to 1943 in the authority for price regulation in Washington, DC From 1943 to 1965 he taught as a professor at the New School for Social Research in New York City . Hans Philip Neisser died on January 1st at the age of 79 in Berkeley, California, USA.

meaning

He was one of the first to recognize the importance of John Maynard Keynes and is one of the pioneers of what is known as econometrics . He made important contributions to money and business cycle theory. One of his students, Franco Modigliani , received the 1985 Nobel Prize in Economics for his National Incomes and International Trade, written in 1953 .

Works

  • “On the doctrine of the limits of animal owner liability”, 1919
  • "The Exchange Value of Money", 1928
  • "On the theory of economic equilibrium", 1927, Cologne social policy quarterly
  • "Lowering wages as a cure for unemployment?", 1930, Magazin der Wirtschaft
  • "Capital Formation and Tax System", Gerhard and Colm (eds.), 1930
  • "The money cycle", 1931, WWA
  • "Credit and Business Cycle According to JM Keynes", 1931, WWA
  • “Wage level and degree of employment in the market equilibrium”, 1932, Weltwirtschaftliches Archiv
  • "Circulation speed of bank deposits", 1933, concise dictionary of banking
  • "Public capital in its effect on the level of employment", 1933, Economic Essays in honor of Gustav Cassel
  • "General Overproduction", 1934, JPE
  • Commentary on Keynes, 1936, Social Research
  • "Some International Aspects of the Business Cycle", 1936
  • "Investment Fluctuations as Causes of the Business Cycle," 1937, Social Research
  • "Permanent Technological Unemployment: Demand for commodities is not demand for labor", 1942, AER
  • "Government Net Contribution and Foreign Balance as Offset to Savings", 1944, RES
  • "The Significance of Foreign Trade for Domestic Employment", 1946, Social Research
  • "Keynes as an Economist", 1946, Social Research
  • "National incomes and international trade: a quantitative analysis with F. Modigliani", 1953
  • "Balanced Growth under Constant Returns to Scale: Some Comments," 1954, Econometrica
  • "Critical Notes on the Acceleration Principle", 1954, QJE
  • "Depreciation, Replacement and Regular Growth", 1955, EJ
  • "Cyclical Fluctations and Economic Growth", 1961, Oxford EP
  • "On the Sociology of Knowledge: an essay", 1965
  • "Competitive Equilibrium: Existence and Approach", 1968, JPE
  • "Are Space and Time Real?", 1971, Philosophy and Phenomenological Research

literature

Web links