Gottfried von Haberler was an economist. He worked in particular on international trade

International trade

International trade is the exchange of capital, goods, and services across international borders or territories. In most countries, such trade represents a significant share of gross domestic product...

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Haberler was born in Austria in 1900, and was educated in the Austrian School

Austrian School

The Austrian School of economics is a heterodox school of economic thought. It advocates methodological individualism in interpreting economic developments , the theory that money is non-neutral, the theory that the capital structure of economies consists of heterogeneous goods that have...

 of economics. In 1936 he moved to the United States, joining the economics department at Harvard University

Harvard University

Harvard University is a private Ivy League university located in Cambridge, Massachusetts, United States, established in 1636 by the Massachusetts legislature. Harvard is the oldest institution of higher learning in the United States and the first corporation chartered in the country...

. There he worked alongside Joseph Schumpeter

Joseph Schumpeter

Joseph Alois Schumpeter was an Austrian-Hungarian-American economist and political scientist. He popularized the term "creative destruction" in economics.-Life:...

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Haberler's two major works were Theory of International Trade (1936) and Prosperity and Depression (1937).

In 1957 the General Agreement on Tariffs and Trade

General Agreement on Tariffs and Trade

The General Agreement on Tariffs and Trade was negotiated during the UN Conference on Trade and Employment and was the outcome of the failure of negotiating governments to create the International Trade Organization . GATT was signed in 1947 and lasted until 1993, when it was replaced by the World...

 commissioned a report on the terms of trade

Terms of trade

In international economics and international trade, terms of trade or TOT is /. In layman's terms it means what quantity of imports can be purchased through the sale of a fixed quantity of exports...

 for primary commodities, and Haberler was appointed Chairman. The report found that there was a decline in the terms of trade for primary producers, since 1955 commodity prices were said to have fallen by 5%, whilst industrial prices rose by 6%. Haberler's report seems to prefigure the report written by Raúl Prebisch

Raúl Prebisch

Raúl Prebisch was an Argentine economist known for his contribution to structuralist economics, in particular the Singer–Prebisch thesis that formed the basis of economic dependency theory. He is sometimes considered to be a neo-Marxist though this label is misleading...

 for the United Nations Conference on Trade and Development

United Nations Conference on Trade and Development

The United Nations Conference on Trade and Development was established in 1964 as a permanent intergovernmental body. It is the principal organ of the United Nations General Assembly dealing with trade, investment, and development issues....

 (UNCTAD) in 1964, but when Prebisch's report came out Haberler denounced it. His particular disagreement was with the idea that there was a systematic long-term (secular) decline in the terms of trade.

In 1971, Haberler left Harvard to become a resident scholar at the American Enterprise Institute

American Enterprise Institute

The American Enterprise Institute for Public Policy Research is a conservative think tank founded in 1943. Its stated mission is "to defend the principles and improve the institutions of American freedom and democratic capitalism—limited government, private enterprise, individual liberty and...

.

Major works

• Der Sinn der Indexzahlen, 1927.
• "Irving Fisher's Theory of Interest", 1931, QJE.
• "Money and the Business Cycle", in Wright (ed.), Gold and Monetary Stabilization, 1932
• Der Internationale Handel, 1933.
• The Theory of International Tradehttp://mises.org/books/Theory_Of_International_Trade_Haberler.pdf, 1936.
• "Mr Keynes' Theory of the Multiplier", 1936, ZfN
• Prosperity and Depression: A theoretical analysis of cyclical movementshttp://mises.org/books/prosperity_and_depression_Haberler.pdf, 1937.
• "The General Theory After Ten Years", in Harris (ed.), The New Economics, 1947.
• "The Market for Foreign Exchange and the Stability of the Balance of Payments", 1949, Kyklos.
• "Some Problems in the Pure Theory of International Trade", 1950, EJ.
• "The Pigou Effect Once More", 1952, JPE.
• "Sixteen Years Later", in Lekachman (ed.), Keynes's General Theory, 1963.
• "Integration and Growth of the World Economy in perspective", 1964, AER.
• Money in the International Economy, 1965.
• Inflation: Its causes and cureshttp://mises.org/books/Inflation_its_cause_and_cure_haberler.pdf, 1966.
• "Monetary and Fiscal Policy for Economic Stability and Growth", 1967, Il Politico.
• "Theoretical Reflections on the Trade of Socialist Countries", 1968, in Brown and Neuberger (eds.), International Trade and Central Planning.
• Incomes Policy and Inflation, 1971.
• Economic Growth and Stability, 1974.
• Two Essays on the Future of the International Monetary Order, 1974.
• The World Economy and the Great Depression, 1976.
• The Problem of Stagflation: Reflection on the Microfoundation of Macroeconomic Theory and Policy, 1985.
• Essays of Gottfried Haberler (ed. A. Koo), 1985.
• The Liberal Economic Order, (ed. A. Koo), 1993.

External links

Biography of Haberler from mises.orgGottfried Haberler on Wikibéral