Marget, Arthur William (1899–1962)
A leading monetary theorist during the first half of his career, Marget went on to make an even greater contribution by formulating and implementing government policies regarding international banking and finance. Born in Chelsea, Massachusetts, on 17 October 1899, he graduated from Harvard with AB (1920) and MA (1921) degrees in Semitics, and a Ph.D. in economics (1927). He taught economics at Harvard (1920–1927) and the University of Minnesota (1927–1943; resigned 1948). He died in Guatemala City on 5 September 1962.