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Perpetrators and victims: Austrian economists under the Nazis

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  • Reinhard Neck

    (Alpen-Adria-Universität Klagenfurt)

Abstract

This paper reports on the preliminary results of a research project (supported by the Oesterreichische Nationalbank) about Austrian economists under the Nazi regime from 1938 to 1945. The biographies of nearly 200 economists were collected who had close relations to Austria and who were affected in some way or another by the politics of the Third Reich: some as perpetrators, followers or opportunists, others as victims who were persecuted, forced to emigrate or who even lost their lives. To illustrate the diverse fate of Austrian economists after the Anschluss, a brief account is given of three economists who belonged to different economic “schools” and who were affected by the Nazi regime in very different ways: Friedrich Gottl-Ottlilienfeld, an NS party member and adherent of the German Historical School; Friedrich Otto Hertz, a sociologist and economist, who was forced into emigration twice; and Karl Schlesinger, a banker with remarkable theoretical contributions to economics who committed suicide on the day the German Wehrmacht invaded Austria.

Suggested Citation

  • Reinhard Neck, 2019. "Perpetrators and victims: Austrian economists under the Nazis," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 46(3), pages 537-546, August.
    • Handle: RePEc:kap:empiri:v:46:y:2019:i:3:d:10.1007_s10663-019-09448-3
    DOI: 10.1007/s10663-019-09448-3
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    References listed on IDEAS

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    1. Lord Robbins, 1971. "Autobiography of an Economist," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-01164-3, December.
    2. Weintraub, E Roy, 1983. "On the Existence of a Competitive Equilibrium: 1930-1954," Journal of Economic Literature, American Economic Association, vol. 21(1), pages 1-39, March.
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    More about this item

    Keywords

    Economists; Biography; History of economics; Austria; Twentieth century; Nazi Germany;
    All these keywords.

    JEL classification:

    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals

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