Jacob Marschak (23 July 1898 – 27 July 1977) was an American
economist
An economist is a professional and practitioner in the 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 field there are ...
.
Life
Born in a Jewish family of
Kyiv
Kyiv, also spelled Kiev, is the capital and most populous city of Ukraine. It is in north-central Ukraine along the Dnieper, Dnieper River. As of 1 January 2021, its population was 2,962,180, making Kyiv the List of European cities by populat ...
,
[ ][ ] Jacob Marschak (until 1933 Jakob) was the son of a
jeweler
A bench jeweler is an artisan who uses a combination of skills to make and repair jewelry. Some of the more common skills that a bench jeweler might employ include antique restoration, silversmith, Goldsmith, stone setting, engraving, fabrica ...
. During his studies he joined the
social democratic
Social democracy is a Political philosophy, political, Social philosophy, social, and economic philosophy within socialism that supports Democracy, political and economic democracy. As a policy regime, it is described by academics as advocati ...
Menshevik Party
The Mensheviks (russian: меньшевики́, from меньшинство 'minority') were one of the three dominant factions in the Russian socialist movement, the others being the Bolsheviks and Socialist Revolutionaries.
The factions eme ...
, 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 (german: link=no, Humboldt-Universität zu Berlin, abbreviated HU Berlin) is a public research university in the central borough of Mitte in Berlin, Germany.
The university was established by Frederick Will ...
and the
University of Heidelberg
}
Heidelberg University, officially the Ruprecht Karl University of Heidelberg, (german: Ruprecht-Karls-Universität Heidelberg; la, Universitas Ruperto Carola Heidelbergensis) is a public university, public research university in Heidelberg, B ...
.
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 German state of Schleswig-Holstein, with a population of 246,243 (2021).
Kiel lies approximately north of Hamburg. Due to its geographic location in the southeast of the Jutland pe ...
''
Institut für Weltwirtschaft''. With the gathering Nazi storm, he emigrated to England, where he went to
Oxford
Oxford () is a city in England. It is the county town and only city of Oxfordshire. In 2020, its population was estimated at 151,584. It is north-west of London, south-east of Birmingham and north-east of Bristol. The city is home to the Un ...
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 second-oldest major philanthropic institution in America, after the Ca ...
, allowing him to emigrate in 1939 to the United States.
After teaching at the
New School for Social Research, in 1943 he went to
University of Chicago
The University of Chicago (UChicago, Chicago, U of C, or UChi) is a private university, private research university in Chicago, Illinois. Its main campus is located in Chicago's Hyde Park, Chicago, Hyde Park neighborhood. The University of Chic ...
, where he led the
Cowles Commission.
He followed the commission's move to
Yale University
Yale University is a Private university, private research university in New Haven, Connecticut. Established in 1701 as the Collegiate School, it is the List of Colonial Colleges, third-oldest institution of higher education in the United Sta ...
,
and he then became a professor at
UCLA
The University of California, Los Angeles (UCLA) is a public university, public Land-grant university, land-grant research university in Los Angeles, California. UCLA's academic roots were established in 1881 as a Normal school, teachers colle ...
in 1960.
In 1972 he co-founded
Team Theory
A team is a group of individuals (human or non-human) working together to achieve their goal.
As defined by Professor Leigh Thompson of the Kellogg School of Management, " team is a group of people who are interdependent with respect to info ...
with
Roy Radner.
Marschak was fluent in approximately one dozen languages. Shortly before he was due to become president of the
American Economic Association, he died from a cardiac arrest.
UCLA sponsors the recurrin
Jacob Marschak Interdisciplinary Colloquium on Mathematics in the Behavior Sciences
Major publications
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 to their field. It is an independent organization with no connections to societies of professional mathematicians or statisticians. ...
* 1963 Honorary Fellow of the
Royal Statistical Society
The Royal Statistical Society (RSS) is an established statistical society. It has three main roles: a British learned society for statistics, a professional body for statisticians and a charity which promotes statistics for the public good. ...
* 1967 Distinguished Fellow of the
American Economic Association
References
External links
Biography at HETNational Academy of Sciences Biographical Memoir
{{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
Soviet emigrants to Germany
Fellows of the Econometric Society
Presidents of the Econometric Society
Mensheviks
20th-century American writers
20th-century American economists
Soviet emigrants to the United States
Jewish emigrants from Nazi Germany to the United Kingdom
German emigrants to the United States
20th-century Ukrainian economists
Presidents of the American Economic Association
Distinguished Fellows of the American Economic Association
Jewish Ukrainian social scientists