Early Life and Career
Born in Wiener-Neustadt, Austria, he earned his doctorate at the University of Vienna. He fled Nazi Germany for the United States in 1933 and became a US citizen in 1940.
Machlup's key work was The Production and Distribution of Knowledge in the United States (1962), which is credited with popularizing the concept of the information society.
Shortly before his death he completed the third in a series of ten planned volumes collectively called Knowledge: Its Creation, Distribution, and Economic Significance.
Machlup is also credited with forming the Bellagio Group in the early 1960s. This group was the direct predecessor of the influential Washington-based financial advisory body, the Group of Thirty, which he joined in 1979.
Read more about this topic: Fritz Machlup
Famous quotes containing the words early, life and/or career:
“In an early spring
We see th’appearing buds, which to prove fruit
Hope gives not so much warrant, as despair
That frosts will bite them.”
—William Shakespeare (1564–1616)
“The poet’s body even is not fed like other men’s, but he sometimes tastes the genuine nectar and ambrosia of the gods, and lives a divine life. By the healthful and invigorating thrills of inspiration his life is preserved to a serene old age.”
—Henry David Thoreau (1817–1862)
“They want to play at being mothers. So let them. Expressing tenderness in their own way will not prevent girls from enjoying a successful career in the future; indeed, the ability to nurture is as valuable a skill in the workplace as the ability to lead.”
—Anne Roiphe (20th century)