FOLIO I · THINKER · GEN. 04 · N° 032

Erich Schiff

Works
1
Articles
6
Generation
4.
Portrait of Erich Schiff
FOL. 04 · N° 032 · Erich Schiff
BIOGRAPHY

Life and Work

Erich Schiff, a native of Vienna, demonstrated in Kapitalbildung und Kapitalaufzehrung im Konjunkturverlauf (1933; Capital Formation and Capital Consumption over the Business Cycle) that the depreciation of money always undermines the assumptions on which firms base their calculations and therefore inevitably leads to malinvestment. After a post at the Institute for Business Cycle Research in 1927/28, he worked as a newspaper editor and regularly attended Mises's private seminar. Because of his Jewish background he fled to the United States in 1938, where he continued to work as an economist.
Metadata
18. April 1901
in Wien
9. Januar 1992
Generation 4
Life stations

Stations

  1. 1901
    1901
    Birth

    Born on 18 April 1901 in Vienna.

  2. ⁦1927–1928⁩
    ⁦1927–1928⁩
    Institute for Business Cycle Research

    Employment at the Institute for Business Cycle Research in 1927/28.

  3. 1928
    1928
    Newspaper Editor— approximate

    After the Institute for Business Cycle Research, Schiff worked as a newspaper editor and regularly attended the Mises private seminar.

  4. 1933
    1933
    “Kapitalbildung und Kapitalaufzehrung im Konjunkturverlauf” (Capital Formation and Capital Depletion over the Business Cycle)

    In his principal work, Schiff demonstrated that monetary depreciation undermines firms' calculation assumptions and thus inevitably leads to malinvestment.[2]

  5. 1938
    1938
    Flight to the United States

    Because of his Jewish descent, Schiff fled to the United States in 1938, where he continued to work as an economist.

  6. 1992
    1992
    Death

    Died on 9 January 1992 in the United States.

Relationships

Influences

Private seminar, colleagues, Mont Pèlerin · 1
  1. ⁦1928–1938⁩
    ⁦1928–1938⁩

    After his appointment at the Institute for Business Cycle Research, Schiff worked as a newspaper editor and regularly attended the Mises-Privatseminar in Vienna.[1]

Erich Schiff in the context of the School as a whole: five generations, their teacher-student lineages, circles and collegial ties.

SOURCES ON STATIONS AND RELATIONSHIPS2 citations · 2 sources
Topography

Places of Activity

CATALOGUE OF WORKS · CHRONOLOGICAL

The Books

1930s
1933
Kapitalbildung und Kapitalaufzehrung im Konjunkturverlauf
OriginalGerman
ARTICLES · 6 CATALOGUED

Essays, Reviews, Lectures

1930s
1931
Ertragsgesetz und industrielle Kostenverrechnung
OriginalGerman
Technischer Fortschritt als Kostenfaktor
OriginalGerman
1940s
1942
Direct Investments, Terms of Trade, and Balance of Payments
OriginalEnglish
Dutch Foreign-Trade Policy and the Infant-Industry Argument for Protection
OriginalEnglish
Einfuhrung in die Grundfragen des industriellen Rechnungswesens (Book Review)
OriginalGerman
Il Risparmio e l’interesse nella grande industria bancaria (Book Review)
OriginalItalian
APA
Chicago
German historical style