New York
Alt left Austria at the time of its occupation by Nazi Germany in 1938 and came to New York with his wife Alice Modern, whom he married just before leaving Vienna. In the next few years it was their highest priority to save relatives and friends endangered by the Nazi terror in Austria or Germany. This involved finding Americans willing to serve as sponsors for immigration visas, and they were successful in helping about 30 adults and children to escape.
Between 1938 and 1946 Alt worked for six years at the Econometric Institute in New York City, interrupted by two years of service in the United States Army. At the Econometric Institute he served successively as Research Principal and Assistant Director of Research engaged in the analysis of economic time series by methods such as multiple correlation, used for business forecasting. He was concerned with the use of mathematical and statistical methods for the study and forecasting of business conditions in the economy as a whole and in a number of industries, commodity and security markets. One of the clients advised by Alt was the General Motors Corporation.
Read more about this topic: Franz Alt
Famous quotes containing the word york:
“I never can pass by the Metropolitan Museum of Art in New York without thinking of it not as a gallery of living portraits but as a cemetery of tax-deductible wealth.”
—Lewis H. Lapham (b. 1935)
“New York has never learnt the art of growing old by playing on all its pasts. Its present invents itself, from hour to hour, in the act of throwing away its previous accomplishments and challenging the future. A city composed of paroxysmal places in monumental reliefs.”
—Michel de Certeau (1925–1986)