Jacob Marschak (23 July 1898 – 27 July 1977) was an American

economist An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this ...

Life

Born in a Jewish family of

Kyiv Kyiv, also Kiev, is the capital and most populous List of cities in Ukraine, city of Ukraine. Located in the north-central part of the country, it straddles both sides of the Dnieper, Dnieper River. As of 1 January 2022, its population was 2, ...

, Jacob Marschak (until 1933 ''Jakob'') was the son of a jeweler. During his studies, he joined the

social democratic Social democracy is a Social philosophy, social, Economic ideology, economic, and political philosophy within socialism that supports Democracy, political and economic democracy and a gradualist, reformist, and democratic approach toward achi ...

Menshevik Party, becoming a member of the Menshevik International Caucus. In 1918, he was the labor minister in the Terek Soviet Republic. In 1919, he emigrated to Germany, where he studied at the

University of Berlin The Humboldt University of Berlin (, abbreviated HU Berlin) is a public research university in the central borough of Mitte in Berlin, Germany. The university was established by Frederick William III on the initiative of Wilhelm von Humbol ...

and the

University of Heidelberg Heidelberg University, officially the Ruprecht Karl University of Heidelberg (; ), is a public university, public research university in Heidelberg, Baden-Württemberg, Germany. Founded in 1386 on instruction of Pope Urban VI, Heidelberg is List ...

. From 1922 to 1926, he was a journalist, and in 1928, he joined the new

Kiel Kiel ( ; ) is the capital and most populous city in the northern Germany, German state of Schleswig-Holstein. With a population of around 250,000, it is Germany's largest city on the Baltic Sea. It is located on the Kieler Förde inlet of the Ba ...

'' Institut für Weltwirtschaft''. With the gathering Nazi storm, he emigrated to England, where he went to

Oxford Oxford () is a City status in the United Kingdom, cathedral city and non-metropolitan district in Oxfordshire, England, of which it is the county town. The city is home to the University of Oxford, the List of oldest universities in continuou ...

to teach at the Oxford Institute of Statistics, which was funded by the

Rockefeller Foundation The Rockefeller Foundation is an American private foundation and philanthropic medical research and arts funding organization based at 420 Fifth Avenue, New York City. The foundation was created by Standard Oil magnate John D. Rockefeller (" ...

, allowing him to emigrate to the United States in 1939. After teaching at the

New School for Social Research The New School for Social Research (NSSR), previously known as The University in Exile and The New School University, is a graduate-level educational division of The New School in New York City, United States. NSSR enrolls more than 1,000 stud ...

, in 1943, he went to

University of Chicago The University of Chicago (UChicago, Chicago, or UChi) is a Private university, private research university in Chicago, Illinois, United States. Its main campus is in the Hyde Park, Chicago, Hyde Park neighborhood on Chicago's South Side, Chic ...

, where he led the Cowles Commission. He followed the commission's move to

Yale University Yale University is a Private university, private Ivy League research university in New Haven, Connecticut, United States. Founded in 1701, Yale is the List of Colonial Colleges, third-oldest institution of higher education in the United Stat ...

, and he then became a professor at

UCLA The University of California, Los Angeles (UCLA) is a public land-grant research university in Los Angeles, California, United States. Its academic roots were established in 1881 as a normal school then known as the southern branch of the C ...

in 1960. In 1972, he co-founded Team Theory with Roy Radner. Marschak was fluent in approximately one dozen languages. Shortly before he was due to become president of the

American Economic Association The American Economic Association (AEA) is a learned society in the field of economics, with approximately 23,000 members. It publishes several peer-reviewed journals, including the Journal of Economic Literature, American Economic Review, an ...

, he died from a cardiac arrest. UCLA sponsors the recurring Jacob Marschak Interdisciplinary Colloquium on Mathematics in the Behavior Sciences.

Major publications

Books

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Chapters in books

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Journal articles

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Honours

* 1946 President of the

Econometric Society The Econometric Society is an international society of academic economists interested in applying statistical tools in the practice of econometrics. It is an independent organization with no connections to societies of professional mathematicians o ...

* 1963 Honorary Fellow of the Royal Statistical Society * 1967 Distinguished Fellow of the

References

External links

Biography at HET

Kenneth J. Arrow, "Jacob Marschak", Biographical Memoirs of the National Academy of Sciences (1991)
{{DEFAULTSORT:Marschak, Jacob 1898 births 1977 deaths Jewish American scientists Politicians from Kyiv Fellows of the American Statistical Association Members of the United States National Academy of Sciences Immigrants to Germany Fellows of the Econometric Society Presidents of the Econometric Society Mensheviks 20th-century American writers 20th-century American economists Jewish emigrants from Nazi Germany to the United Kingdom 20th-century Ukrainian economists Presidents of the American Economic Association Distinguished fellows of the American Economic Association Jewish Ukrainian social scientists