Richard Reisch

Richard Reisch (born April 7, 1866 in Vienna ; † December 14, 1938 there ) was an Austrian lawyer, politician and President of the Oesterreichische Nationalbank .

Youth and education

Richard Reisch was the younger brother of the archaeologist Emil Reisch . After attending a grammar school in Innsbruck , Richard Reisch studied law at the University of Innsbruck from 1884 , and for one semester he also attended a seminar with Carl Menger in Vienna. In May 1889 he received his doctorate under Eugen Böhm von Bawerk

Academic career

At the University of Vienna he received his habilitation for the subject of financial law in 1906 with the work “Die Direkt Personal -steuer in Oesterreich” . In 1914 he was awarded the title of full professor . In 1927 his teaching license was extended to include political economy . In September 1935, at his request, his teaching license was extended beyond the age of 70.

The scientific work of Richard Reisch contributed to the development of modern business taxation and accounting. Reisch was in close contact with Ludwig Mises and Friedrich Hayek .

Professional and political career

After completing his doctorate, Richard Reisch initially worked at the Innsbruck Financial Procuratorate and in 1891 moved to the Imperial and Royal Ministry of Finance. In 1910 Reisch rose to head of the section , but left the civil service in 1914. He then came to the management of the Allgemeine Bodencreditanstalt , of which he became vice-president in 1921.

In the young First Republic , Reisch appeared as a financial expert and, through briefings in the Social Democratic and Christian Social Parliamentary Club, he was the successor to the increasingly isolated State Secretary for Finance, Joseph Schumpeter . On October 17, 1919, he was elected to the office of State Secretary (= Minister) in the State Office for Finance as part of the Renner III state government and worked in this position in the Mayr I state government until November 20, 1920.

From 1922 to 1932 he was the first President of the Oesterreichische Nationalbank to determine the direction of Austrian monetary policy.

Publications

• Reisch, Richard: The financial problems. Strache, Vienna et al. 1919, ( pamphlets on the reconstruction of German Austria 38, ZDB -ID 544990-x ).

literature

• H. Krasensky :  Reisch Richard. In: Austrian Biographical Lexicon 1815–1950 (ÖBL). Volume 9, Verlag der Österreichischen Akademie der Wissenschaften, Vienna 1988, ISBN 3-7001-1483-4 , p. 55 f. (Direct links on p. 55 , p. 56 ).

Web links

• Literature by and about Richard Reisch in the catalog of the German National Library

Individual evidence

1. ^ Wolfgang Fritz : Sterne und Gassen (=  Austria: Research and Science - Sociology . Volume 15 ). Lit, Münster 2016, ISBN 978-3-643-50760-0 , pp. 183 ( limited preview in Google Book search).
2. ↑ Thomas Olechowski , Tamara Ehs, Kamila Staudigl-Ciechowicz: The Vienna Faculty of Law and Political Science 1918–1938 (=  writings from the archives of the University of Vienna . Volume 020 ). V&R Unipress, Vienna 2014, ISBN 978-3-89971-985-7 , p. 609 f . ( limited preview in Google Book search).