1. Mikhail Tugan-Baranovsky was a Russian and Ukrainian Marxist, economist, and politician.
15 Facts About Mikhail Tugan-Baranovsky
1. 2.
Mikhail Tugan-Baranovsky was a leading exponent of Legal Marxism in the Russian Empire and was the author of numerous works dealing with the theory of value, the distribution of a social revenue, history of managerial development, and fundamentals of cooperative managerial activities.
3.
Mikhail Ivanovich Tugan-Baranovsky was born on 8 January 1865 in the village of Solone in the Kupyansky Uyezd of the Kharkov Governorate of the Russian Empire.
4.
Mikhail Tugan-Baranovsky was awarded the degree of Candidate of Sciences in 1888, but he became interested in political economy and wound up completing his studies as an external student with a degree from the school's Faculty of Law and Economics in 1890.
5.
In November 1886 Mikhail Tugan-Baranovsky was arrested for participating in a student demonstration in St Petersburg marking the 25th anniversary of the death of critical writer Nikolay Dobrolyubov.
6.
Mikhail Tugan-Baranovsky married the daughter of the director of the St Petersburg Conservatory, Lydia Davydova, in 1889.
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Shortly after his marriage, Mikhail Tugan-Baranovsky began what would be a long running and esteemed academic career.
8.
Mikhail Tugan-Baranovsky next journeyed to London in the spring and summer of 1891 to work in the British Museum, there examining the collection of rare books and statistical works.
9.
Mikhail Tugan-Baranovsky then returned to Russia, spending two more years at work in St Petersburg on a substantial tome of business cycle theory, Industrial Crises in Contemporary England: Their Causes and Influences on the Life of the People.
10.
Mikhail Tugan-Baranovsky connected the value of fiat currency with the business cycle and with aggregate demand.
11.
Mikhail Tugan-Baranovsky proposed active monetary policy, mainly through exchange rate control.
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The publication of this book led in 1898 to Mikhail Tugan-Baranovsky receiving a doctorate degree from Moscow University.
13.
From 1901 to 1905 Mikhail Tugan-Baranovsky participated in the public life of the Poltava region where he joined the local zemstvo.
14.
Mikhail Tugan-Baranovsky was one of the founders of the National Academy of Science of Ukraine, as well as the Secretary of Finance of the Ukrainian People's Republic.
15.
In January 1919, while en route via train to attend the Paris Peace Conference, Mikhail Tugan-Baranovsky suffered a fatal heart attack.