13 Facts About Wassily Leontief

1.

Wassily Leontief was born on August 5,1905, in Munich, Germany, the son of Wassily W Leontief and Zlata Leontief.

2.

Wassily Leontief earned his Learned Economist degree in 1925 at the age of 19.

3.

Wassily Leontief continued his studies at the Friedrich Wilhelm University in Berlin and, in 1928, earned a Ph.

4.

Wassily Leontief joined Harvard University's department of economics in 1932 and in 1946 became professor of economics there.

5.

In 1949, Wassily Leontief used an early computer at Harvard and data from the US Bureau of Labor Statistics to divide the US economy into 500 sectors.

6.

Wassily Leontief set up the Harvard Economic Research Project in 1948 and remained its director until 1973.

7.

In 1975, Wassily Leontief joined New York University and founded and directed the Institute for Economic Analysis.

8.

Wassily Leontief vacationed for years at his farm in West Burke, Vermont, but after moving to New York in the 1970s moved his summer residence to Lakeville, Connecticut.

9.

Wassily Leontief died in New York City on Friday, February 5,1999, at the age of 93.

10.

Wassily Leontief has made contributions in other areas of economics, such as international trade where he documented the Leontief paradox.

11.

Wassily Leontief was one of the first to establish the composite commodity theorem.

12.

Wassily Leontief was a very strong proponent of the use of quantitative data in the study of economics.

13.

Wassily Leontief is listed in the Russian-American Chamber of Fame of Congress of Russian Americans, which is dedicated to Russian immigrants who made outstanding contributions to American science or culture.