Jaroslav Vaněk (20 April 1930 – 15 November 2017) was a
Czech American economist
An economist is a professional and practitioner in the social sciences, social science discipline of economics.
The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this ...
and professor emeritus of
Cornell University
Cornell University is a Private university, private Ivy League research university based in Ithaca, New York, United States. The university was co-founded by American philanthropist Ezra Cornell and historian and educator Andrew Dickson W ...
known for his research on
economics of participation (
labour-managed firms,
worker cooperative
A worker cooperative is a cooperative owned and Workers' self-management, self-managed by its workers. This control may mean a Company, firm where every worker-owner participates in decision-making in a democratic fashion, or it may refer to one ...
s) and, in his earlier career, on the theory of
international trade.
He graduated (
matura) from a high-school in Prague, and left/emigrated shortly after the
communist putsch of 1948. He received his diploma in statistics, mathematics and economics at the
Sorbonne (1952), and a postgraduate degree in economics at the
University of Geneva
The University of Geneva (French: ''Université de Genève'') is a public university, public research university located in Geneva, Switzerland. It was founded in 1559 by French theologian John Calvin as a Theology, theological seminary. It rema ...
(1954). In 1955 he left for the US, where in 1957 he received his
PhD from the
Massachusetts Institute of Technology
The Massachusetts Institute of Technology (MIT) is a Private university, private research university in Cambridge, Massachusetts, United States. Established in 1861, MIT has played a significant role in the development of many areas of moder ...
.
In 1964 he became professor of economics, and in 1969 of the
international economics at Cornell University, where he directed from 1970 his program ''Participation and Labor Managed Systems'', he also worked on strategies for its implementation in
post-communist countries (1990s).
He was a visiting professor at the Belgrade's
Institute of Economics (1972), the
Catholic University of Louvain, Belgium (1974), the
Netherlands Institute for Advanced Studies in Humanities and Social Sciences (1975–6) and the
International Institute of Social Studies in The Hague (1978).
In 1971, Vaněk worked as an advisor to the government of
Peru
Peru, officially the Republic of Peru, is a country in western South America. It is bordered in the north by Ecuador and Colombia, in the east by Brazil, in the southeast by Bolivia, in the south by Chile, and in the south and west by the Pac ...
and in 1978–79 to the Prime Minister of
Turkey
Turkey, officially the Republic of Türkiye, is a country mainly located in Anatolia in West Asia, with a relatively small part called East Thrace in Southeast Europe. It borders the Black Sea to the north; Georgia (country), Georgia, Armen ...
. In addition, he advised a number of
participatory enterprises/
employee-owned companies worldwide. In 1986 he founded and since directs the STEVEN Foundation (Sustainable Technology and Energy for Vital Economic Needs) that develops technologies suitable for the developing countries.
He was an important contributor to the
Heckscher–Ohlin model, which provides a
macroeconomic
Macroeconomics is a branch of economics that deals with the performance, structure, behavior, and decision-making of an economy as a whole. This includes regional, national, and global economies. Macroeconomists study topics such as output/ GDP ...
attempt of explanation of international trade and countries' specializations.
Vaněk wrote ''The General Theory of Labour-Managed Market Economies'', a seminal work on self-management. His work in the
economics of participation included ''The Participatory Economy: An Evolutionary Hypothesis and a Strategy for Development'' which reviewed behaviour of labour-managed firms in more social spheres beyond their interests in net revenue per worker.
[Ithaca: Cornell University Press, 1971; https://www.amazon.com/dp/0801491487]
Publications
* ''International Trade: Theory and Economic Policy'', 1962
*
* ''General Equilibrium of International Discrimination: The Case of Customs Unions'', Harvard University Press, 1965
* ''Estimating foreign resource needs for economic development: theory, method, and a case study of Colombia'', with Richard Bilsborrow, McGraw-Hill, 1967
* ''Maximal Economic Growth'', 1968
* ''Producer Co-operatives and Labor-managed Systems'', Edward Elgar, 1968
* ''General Theory of Labor-managed Market Economies'', Cornell University Press, 1970
availabl
online*
* (editor) ''Self-Management: Economic Liberation of Man'', Penguin Books, 1975
* ''The Labor-Managed Economy: Essays'', Cornell University Press, 1977
* ''Crisis and Reform: East and West, Essays in Social Economy'', private publication, 1989
in Slovak: ''Kríza a reforma: Východ a západ, Eseje o sociálnej ekonomike'', translated by Jaroslava Perlakiová. Bratislava 1990
in Czech: ''Krize a reforma: Východ a Západ, Eseje o společenské ekonomice'', translated by Jan Sýkora, Prague 1990
* ''Unified Theory of Social Systems: A Radical Christian Analysis'', Emeritus Publications, Cornell University, 2000
availabl
online
References
*
Ярослав Ванек(Jaroslav Vaněk, biography)'', Russian translation (available a
gallery.economicus.ru from
Mark Blaug's publication ''Great economists since Keynes: introduction to the lives and works of one hundred modern economists'', Barnes & Noble 1985, Edward Elgar 1998
*
Ярослав Ванек: Биографический словарь: зарубежные экономисты, 2002 г. (Jaroslav Vaněk, Biographic Dictionary: International Economists, 2002)'', biography (available a
vocable.ru
External links
*
{{DEFAULTSORT:Vanek, Jaroslav
1930 births
2017 deaths
20th-century American economists
Czechoslovak economists
Massachusetts Institute of Technology alumni
Cornell University faculty
Socialist economists
American people of Czech descent
People from Prague