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Marschak accepted appointment as research director of the Cowles Commission and as professor of economics in the University of Chicago in January His past teaching positions include assistant professor at the University of Heidelberg, —33; Chichele lecturer in economics at All Souls College, Oxford University, —35; reader in statistics and director of the Institute of Statistics, Oxford University, —39; professor of economics, Graduate Faculty of Social and Political Science, New York, — He is a Fellow of the Econometric Society, served as vice-president in and and as president in , and continued on the Council of the Society through He served on the executive committee of the Conference on Research on Income and Wealth from to and was its chairman in He was a vice-president of the American Statistical Association, a director of its Chicago Chapter, a collaborating editor of the Journal of the American Statistical Association , and was elected Fellow of that Association in Marschak was elected a member of the Inter-national Statistical Institute in He served on the Committee on Social Aspects of Atomic Energy of the Social Science Research Council in —49 and was co-director of the study on economic aspects of atomic power.
He served as a member of the organizing and editorial committees of the Universities—National Bureau Conference on Business Cycles Research in the fall of He has been a member of the editorial board of Econometrica , —46, and Human Relations since , a member of the editorial board of Metroeconomica since , and cooperates in the editing of the Journal of Political Economy.
Marschak resigned as director of research in June , but continued as senior research associate of the Commission and as professor of economics at the University of Chicago. In he became a consultant of the RAND Corporation and a member of an inter-society committee on the mathematical training of social scientists.
He is author of Die Lohndiskussion , ; author of Die Elastizetat der Nachfrage , ; co-author of Kapitalbildung , ; co-editor of Management in Russian Industry and Agriculture , and author of the Introduction , ; co-author of Economic Aspects of Atomic Power , ; wrote the introduction to Statistical Inference in Dynamic Economic Models , ; and is a contributor to Studies in Econometric Method forthcoming.
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As a Russian-raised, German-taught Jewish radical, Jacob Marschak lived a life of travails - Menshevik activist, prisoner of the Czar, Ukranian official, minister of labor in the short-lived Cossack-Menshevik Republic of Terek in the north Caucasus - before emigrating to Berlin in He then moved on to the Kiel Institute under Adolph Lowe. Marshak's early work was certainly in the spirit of his masters: an anti- Austrian tract got him involved in the Socialist Calculation debate - arguing that the monopolistic tendencies of capitalism made the socialist system inevitably more efficient at pricing. This was an early signal of a topic which would emerge time and time again: the economics of organization. His work on the "New Middle Class" - first a paper in , then a book with Lederer with - which presented his thesis about the fall of white-collar workers from the bourgeois class where they remained socially to the working class where they now were economically , became classics of interwar Marxian theory. A master of the structural growth economics of the Kiel strain, Marschak was impressed by the need for quantification of economics. His paper on the elasticity of demand being a landmark in econometric analysis.
Jacob Marschak Lecture
Not a MyNAP member yet? Register for a free account to start saving and receiving special member only perks. These facts only barely suggest the long and varied odyssey of his career and his high—though slowly developed—position in American economics. The world economy and economists' perceptions and theories were altering rapidly, and Marschak experienced, in addition, international variances in academic environment—especially in traditions and modes of economic thought. To all these influences must be added the fact that he was a Russian and a Jew, whose educational and political formation derived from a particular period of Russian history that had little in common with the life of his host countries. It is not surprising, therefore, that Marschak's focus as an economist showed considerable changes of direction over his long and productive lifetime. His early empirical and prac-.
Jacob Marschak (1898-1977)
Jacob Marschak 23 July — 27 July was an American economist. During his studies he joined the social democratic Menshevik Party , becoming a member of the Menshevik International Caucus. In he was the labor minister in the Terek Soviet Republic. In he emigrated to Germany, where he studied at the University of Berlin and the University of Heidelberg.