Josef Steindl facts for kids

Josef Steindl (born April 14, 1912 – died March 7, 1993) was an Austrian economist. He was known for his ideas about how economies grow and change over time. His work followed the thinking of important economists like John Maynard Keynes.

Josef Steindl's Career Journey

Josef Steindl started his career at the Austrian Institute of Economic Research (WIFO) in Vienna. He worked there from 1935 to 1938.

In 1938, he moved to the United Kingdom. He became a lecturer at Oxford University. While in Oxford, he worked with other thinkers who had left their home countries due to political issues. One of these important people was Michał Kalecki. Kalecki was a big inspiration for Steindl, and his ideas greatly influenced Steindl's own work.

After some time, Josef Steindl returned to WIFO in 1950. He continued his work there until he retired in 1978.

Steindl's Economic Ideas

Josef Steindl believed that economic research should focus on solving real-world problems. He thought that economists should learn from the great thinkers of the past, like Kalecki and Keynes. These earlier economists looked at how their ideas could help with the economic challenges of their time.

Steindl also felt that economics should work closely with other subjects. He thought it was important to connect with fields like history, sociology, and political science. He believed this cooperation would help create new and better ways to understand the economy.

Special Recognitions

Josef Steindl received several honors during his life:

• In 1970, he became an Honorary Professor at the University of Vienna.
• From 1974 to 1975, he was a visiting professor at Stanford University in the United States.

Key Books by Josef Steindl

Josef Steindl wrote several important books about economics. Two of his most well-known works are:

• Small and Big Business; economic problems of the size of firms (published in 1945)
• Maturity and Stagnation in American Capitalism (published in 1952)