ECONOMIST

Karl Polanyi

1886 - 1964

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Karl Paul Polanyi (; Hungarian: Polányi Károly [ˈpolaːɲi ˈkaːroj]; 25 October 1886 – 23 April 1964) was an Austro-Hungarian economic anthropologist, economic sociologist, and politician, best known for his book The Great Transformation, which questions the conceptual validity of self-regulating markets. In his writings, Polanyi advances the concept of the Double Movement, which refers to the dialectical process of marketization and push for social protection against that marketization. He argues that market-based societies in modern Europe were not inevitable but historically contingent. Polanyi is remembered best as the originator of substantivism, a cultural version of economics, which emphasizes the way economies are embedded in society and culture. Read more on Wikipedia

His biography is available in different languages on Wikipedia. Karl Polanyi is the 55th most popular economist (down from 38th in 2019), the 179th most popular biography from Austria (down from 128th in 2019) and the 2nd most popular Austrian Economist.

Karl Polanyi is most famous for his book The Great Transformation, which discusses the transformation of an economy from a market economy to a market society.

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Among ECONOMISTS

Among economists, Karl Polanyi ranks 55 out of 414Before him are Tansu Çiller, Edmund Phelps, Ronald Coase, Gary Becker, Trygve Haavelmo, and Dominique Strauss-Kahn. After him are Jeffrey Sachs, Werner Sombart, Theodore Schultz, Frédéric Bastiat, Reinhard Selten, and Douglass North.

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Contemporaries

Among people born in 1886, Karl Polanyi ranks 29Before him are Archibald Hill, Erich Hoepner, Edward Rydz-Śmigły, Hermann Broch, Jan Masaryk, and Zhu De. After him are Gerda Wegener, Hugo Ball, Michael Curtiz, Sergo Ordzhonikidze, Kurt Koffka, and Jun'ichirō Tanizaki. Among people deceased in 1964, Karl Polanyi ranks 20Before him are Ian Fleming, Vasily Grossman, Sigfrid Edström, Gerrit Rietveld, Palmiro Togliatti, and Gerald Gardner. After him are Alvin York, Alexander Archipenko, Plaek Phibunsongkhram, Otto Grotewohl, Giorgio Morandi, and Alexandre Koyré.

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In Austria

Among people born in Austria, Karl Polanyi ranks 179 out of 1,424Before him are Lothar Rendulic (1887), Maria Theresa of Austria (1816), Leopold V, Duke of Austria (1157), Victor Weisskopf (1908), Paul Ehrenfest (1880), and Helmut Marko (1943). After him are Anne of Austria, Queen of Poland (1573), Alfred Schütz (1899), Michael Haydn (1737), Georg Joachim Rheticus (1514), Aribert Heim (1914), and Archduchess Maria Johanna Gabriela of Austria (1750).

Among ECONOMISTS In Austria

Among economists born in Austria, Karl Polanyi ranks 2Before him are Friedrich Hayek (1899). After him are Friedrich von Wieser (1851), Rudolf Hilferding (1877), Fritz Machlup (1902), Bruno de Finetti (1906), Käthe Leichter (1895), and Gottfried Haberler (1900).