Palyi (1892-1970) obtained a doctorate in economics at the University of Munich. Between 1915 and 1918 he worked at the Austro-Hungarian National Bank and the Hungarian Ministry of Agriculture, then taught at the Handelshochschule in Munich (1918-21). In 1921-22 he was Privatdozent at the Universities of Göttingen and Kiel, and the following year at the Handelshochschule in Berlin, where he met Harrod who was getting acquainted with economics with a view to tutoring at Christ Church. During 1926-28 Palyi was visiting professor at various universities, including Oxford, the University of California at Los Angeles and Chicago. He was adviser to the Deutsche Bank (1928-33), then emigrated to the UK to be guest economist at Midland Bank and lecturer at University College, Oxford. He finally emigrated to the United States: he was guest lecturer at Chicago University (1933-37) and from 1940 he taught at the Northwestern University in Chicago. He was a columnist for the Chicago Tribune (1961-68) and the Commercial and Financial Chronicle, New York (1968-70).
See list of letters .
Source: Deutsche Biographische Enkyklopädie; International Biographical Dictionary of Central European Emigrés 1933-45, vol. II, pt 2 (Munich: Saur, 1983); W. J. Samuels, "F. Taylor Ostrander's Notes from Courses Given by Melchior Paly, University of Chicago, 1933-34", Research in the History of Economic Thought and Methodology, vol. 22B, 2004. There are no documents at University College concerning Palyi's sojourns in Oxford.
top of page
Return to index of this section
Go to previous page
Go to next page