Hermann Paasche
Encyclopedia
Hermann Paasche (ˈpaːʃɛ; February 24, 1851, Burg bei Magdeburg
– April 11, 1925, Detroit) was a German
statistician
and economist
. He is known for his Paasche Index
, which provides a calculation of the Price Index. Paasche studied economics, agriculture, statistics and philosophy at University of Halle. In 1879, he became a professor of political science at Aachen University of Technology. Paasche died in 1925 in Detroit, Michigan
, United States
.
at the University of Halle. In 1877, his postdoctoral thesis (habilitation) was entitled: Über die Entwicklung der Preise und der Rente des Immobiliarbesitzes.
. Paasche developed a national statistical index (Paasche index) and analyzed the German sugar industry.
Reichstag Member for Rostock. From 1893 he was involved in both the Reichstag, as well as the Prussian State Parliament. Paasche played a central role in addressing the crisis of German sugar industry through a change of protectionist to
market-consumerist policy. Since 1898, he was a member of the Central Board of the National Liberal Party, from 1903 to 1909 and from 1912 to 1918 Vice-President of the Reichstag. Paasche was very combative, as a liberal: in 1908, during the Daily Telegraph affair, he attacked the emperor, and temporarily lost the support of the party and was not reintroduced into the Prussian State Parliament. During the First World War, he spoke out against the unrestricted submarine warfare and supported a peace agreement. From 1921 to 1924 he was Reichstag Member for the DVP. Paasche died in 1925 in Detroit, Michigan
, United States
.
, was an officer in the Kolonialtruppe, which he left in 1909 to the youth movement.
Hans was a radical reformer, pacifist and conservationist. A high treason process ended in 1918 with his admission into a mental health institution. He was released at the end of 1918, and continued as a radical journalist. In 1920, he was shot as an alleged communist conspirator.
Burg bei Magdeburg
Burg bei Magdeburg is a town of about 24,700 inhabitants on the Elbe-Havel-Canal in Germany, northeast of Magdeburg. It is situated around a former weir, the Sachsenschleusen...
– April 11, 1925, Detroit) was a German
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...
statistician
Statistician
A statistician is someone who works with theoretical or applied statistics. The profession exists in both the private and public sectors. The core of that work is to measure, interpret, and describe the world and human activity patterns within it...
and economist
Economist
An economist is a professional in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy...
. He is known for his Paasche Index
Price index
A price index is a normalized average of prices for a given class of goods or services in a given region, during a given interval of time...
, which provides a calculation of the Price Index. Paasche studied economics, agriculture, statistics and philosophy at University of Halle. In 1879, he became a professor of political science at Aachen University of Technology. Paasche died in 1925 in Detroit, Michigan
Michigan
Michigan is a U.S. state located in the Great Lakes Region of the United States of America. The name Michigan is the French form of the Ojibwa word mishigamaa, meaning "large water" or "large lake"....
, United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
.
Education
In 1870, Paasche matriculated from the Burg Gymnasium. At the University of Halle he first studied agriculture. After military service, his studies continued, however, his attention turned to economics, statistics, and philosophy. Paasche completed his doctorate in 1875 under Johannes ConradJohannes Conrad
Johannes Conrad was a German political economist. Johannes Conrad was a Professor of economics in Halle , Prussian Germany. He was a co-founder of the important conservative Verein für Sozialpolitik in 1872...
at the University of Halle. In 1877, his postdoctoral thesis (habilitation) was entitled: Über die Entwicklung der Preise und der Rente des Immobiliarbesitzes.
Career
His inaugural lecture was entitled: Über den Staat und seine volkswirtschaftlichen Aufgaben (About the state and its economic tasks). In 1879, he became professor of political science at Aachen University of Technology, however, moved quickly to Universität Rostock, 1884 at the University of Marburg and 1897 to the Technical University of CharlottenburgTechnical University of Berlin
The Technische Universität Berlin is a research university located in Berlin, Germany. Translating the name into English is discouraged by the university, however paraphrasing as Berlin Institute of Technology is recommended by the university if necessary .The TU Berlin was founded...
. Paasche developed a national statistical index (Paasche index) and analyzed the German sugar industry.
Politics
In 1906, he gave up his professorship to devote his time to politics. As early as 1881 to 1884 Paasche was a Liberal UnionLiberal Union (Germany)
The Liberal Union was a short-lived liberal party in the German Empire. It was founded as a break-away from the National Liberal Party, therefore also called Secession, in 1880, and merged with the left liberal German Progress Party to form the German Free-minded Party in 1884.The leftist faction...
Reichstag Member for Rostock. From 1893 he was involved in both the Reichstag, as well as the Prussian State Parliament. Paasche played a central role in addressing the crisis of German sugar industry through a change of protectionist to
market-consumerist policy. Since 1898, he was a member of the Central Board of the National Liberal Party, from 1903 to 1909 and from 1912 to 1918 Vice-President of the Reichstag. Paasche was very combative, as a liberal: in 1908, during the Daily Telegraph affair, he attacked the emperor, and temporarily lost the support of the party and was not reintroduced into the Prussian State Parliament. During the First World War, he spoke out against the unrestricted submarine warfare and supported a peace agreement. From 1921 to 1924 he was Reichstag Member for the DVP. Paasche died in 1925 in Detroit, Michigan
Michigan
Michigan is a U.S. state located in the Great Lakes Region of the United States of America. The name Michigan is the French form of the Ojibwa word mishigamaa, meaning "large water" or "large lake"....
, United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
.
Hans Paasche
His son, Hans PaascheHans Paasche
Hans Paasche was a German politician and pacifist. He was the son of the Reichstag vice president Hermann Paasche and Lisi Paasche, and was married to Gabrielle Witting....
, was an officer in the Kolonialtruppe, which he left in 1909 to the youth movement.
Hans was a radical reformer, pacifist and conservationist. A high treason process ended in 1918 with his admission into a mental health institution. He was released at the end of 1918, and continued as a radical journalist. In 1920, he was shot as an alleged communist conspirator.
Books by Hermann Paasche
- Die Geldentwertung zu Halle a. S. in den letzten Decennien dieses Jahrhunderts. Plötz, Halle a.S. 1875
- Über die Entwicklung der Preise und der Rente des Immobiliarbesitzes zu Halle a. S.. Plötz, Halle a.S. 1877
- Wandlungen in der modernen Volkswirtschaft. Erhardt, Marburg 1890
- Zuckerindustrie und Zuckerhandel der Welt. Fischer, Jena 1891
- Kultur- und Reiseskizzen aus Nord- und Mittelamerika. Rathke, Magdeburg 1894
- Die Zuckerproduktion der Welt. Teubner, Leipzig 1905