Abstract
Karl Schlesinger was born in Budapest; in 1919, after Béla Kun’s communist revolution in Hungary, he moved to Vienna, where he committed suicide when Hitler occupied Austria in March 1938. As early as 1914 he had published his important work on monetary theory, Theorie der Geld- und Kreditwirtschaft, which went, however, more or less unnoticed at that time because it used mathematical tools and was written in German – a forbidding combination at a time when the only German-speaking economists interested in theory, the Austrians, were rather averse to mathematical economics. Schlesinger was also an exceptional figure in so far as he was not a university teacher but a banker and influential member of the financial community. Nevertheless, he became a respected member of the Vienna Economic Society and, in the 1930s, one of the most active participants in Karl Menger’s mathematical colloquium.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Bibliography
Menger, K. 1973. Austrian marginalism and mathematical economics. In Carl Menger and the Austrian school of economics, ed. J.R. Hicks and W. Weber. Oxford: Oxford University Press.
Morgenstern, O. 1968. Schlesinger, Karl. In International encyclopedia of the social sciences, vol. 14. New York: Macmillan and Free Press.
Nagatani, K. 1978. Monetary theory. Amsterdam: North-Holland.
Patinkin, D. 1965. Money, interest and prices, Supplementary Note D, 573–580, 2nd edn. New York: Harper & Row.
Author information
Authors and Affiliations
Editor information
Copyright information
© 2018 Macmillan Publishers Ltd.
About this entry
Cite this entry
Schwödiauer, G. (2018). Schlesinger, Karl (1889–1938). In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_1315
Download citation
DOI: https://doi.org/10.1057/978-1-349-95189-5_1315
Published:
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-95188-8
Online ISBN: 978-1-349-95189-5
eBook Packages: Economics and FinanceReference Module Humanities and Social SciencesReference Module Business, Economics and Social Sciences