15 Facts About Jacob Viner

1.

Jacob Viner was a Canadian economist and is considered with Frank Knight and Henry Simons to be one of the "inspiring" mentors of the early Chicago school of economics in the 1930s: he was one of the leading figures of the Chicago faculty.

2.

Paul Samuelson named Viner as one of the several "American saints in economics" born after 1860.

3.

Jacob Viner was an important figure in the field of political economy.

4.

Jacob Viner was born to a Jewish family on May 3,1892, in Montreal, Quebec, to Romanian immigrant parents.

5.

Jacob Viner earned his undergraduate degree at McGill University in 1914.

6.

Jacob Viner was a professor at the University of Chicago from 1916 to 1917 and from 1919 to 1946.

7.

At various times, Jacob Viner taught at Stanford and Yale Universities and twice went to the Graduate Institute of International and Development Studies in Geneva, Switzerland.

8.

Jacob Viner was a member of the Institute for Advanced Study in Princeton from 1947 to 1948 and a permanent member there from 1950 to 1970.

9.

Jacob Viner was elected to the American Academy of Arts and Sciences in 1934.

10.

Jacob Viner died on September 12,1970, in Princeton, New Jersey.

11.

Jacob Viner played a role in government, most notably as an advisor to Secretary of the Treasury Henry Morgenthau Jr.

12.

Jacob Viner is further known for having added the terms trade creation and trade diversion to the canon of economics in 1950.

13.

Jacob Viner made important contributions to the theory of international trade and to the history of economic thought.

14.

Jacob Viner's work, Studies in the Theory of International Trade, discusses the history of economic thought and is a historical source for the Bullionist controversy in 19th-century Britain.

15.

Jacob Viner spoke at the Conference on Atomic Energy Control in 1945, stating "that the atomic bomb was the cheapest way yet devised of killing human beings" and that atomic bombs "will be peacemaking in effect," perhaps making him the founder of nuclear deterrence.