FOLIO I · THINKER · GEN. 02 · N° 006

Emil Sax

Works
11
Articles
5
Generation
2.
ES
FOL. 02 · N° 006 · Emil Sax
BIOGRAPHY

Life and Work

Emil Sax came from a family of cloth-makers and civil servants from Javorník-Janský Vrch (formerly Jauernig-Johannesberg in East Silesia, today the Czech Republic). Early on, Sax turned to the circle around Carl Menger and was among the first to support him in the Methodenstreit. Nevertheless, from the outset he developed a thoroughly independent position, which he set out in one of his principal works, the Grundlegung der Theoretischen Staatswirthschaft (Foundations of Theoretical Public Economics, 1887). Just as an apple falls from the tree, and just as the stars move because they are subject to the law of gravitation, so too, in their economic conduct, a Robinson Crusoe and a realm of a hundred million alike obey the same law of value. Within the Austrian School, Emil Sax held an original but today largely forgotten position. Only a few years younger than Menger, at the beginning of his economic research he had been more a competitor than an ally of Menger, and it was only as a professor in Prague that he began to support and develop further the subjectivist theory of value and methodological individualism. A few years later he again distanced himself from the Austrian School and withdrew, disappointed, from university life. After a pause of almost twenty years, however, he took up his research once more and, in the final decade of his life, produced an unusually prolific body of writing. His multifaceted and wide-ranging work, not easily accessible in its language, nonetheless continues to fascinate to this day through its originality, acuity and depth.
Metadata
8. Februar 1845
25. März 1927
Generation 2
Life stations

Stations

  1. 1845
    1845
    Birth

    Born on 8 February 1845 in Jauernig (Austrian Silesia, today Javorník-Janský Vrch in the Czech Republic), into a family of clothmakers and officials.[1]

  2. ⁦1862–1866⁩
    ⁦1862–1866⁩
    Studies in Law

    Studies in law at the University of Vienna.[1]

  3. 1867
    1867
    Secretary of the Austrian commission at the Paris World Exposition

    Secretary of the Austrian commission at the 1867 Paris World Exposition.[1]

  4. 1868
    1868
    Doctorate in Law (Dr. jur.)

    Doctorate in law at the University of Vienna.[1]

  5. 1870
    1870
    Habilitation at the Vienna Polytechnic

    Habilitation as a Privatdozent in selected areas of political economy at the Polytechnic Institute in Vienna.[1]

  6. ⁦1870–1873⁩
    ⁦1870–1873⁩
    Secretary, Vienna Chamber of Commerce and Trade

    Worked as secretary of the Vienna Chamber of Commerce and Trade.[1]

  7. 1874
    1874
    Privatdozent, University of Vienna

    Habilitation as a Privatdozent in economics and public finance at the University of Vienna.[1]

  8. ⁦1874–1879⁩
    ⁦1874–1879⁩
    Secretary, Kaiser Ferdinand Northern Railway

    Secretary in the administration of the Kaiser Ferdinand Northern Railway (about six years).[1]

  9. ⁦1878–1879⁩
    ⁦1878–1879⁩
    “Die Verkehrsmittel in Volks- und Staatswirtschaft” (The Means of Transport in National and State Economy)

    Publication of the two-volume work “Die Verkehrsmittel in Volks- und Staatswirtschaft” (The Means of Transport in National and State Economy).[1]

  10. 1879
    1879
    Associate Professor, Prague

    Associate professor at the German Charles-Ferdinand University in Prague.[1]

  11. ⁦1879–1885⁩
    ⁦1879–1885⁩
    Member of the Reichsrat

    Member of the Austrian Reichsrat (German Liberal Party).[1]

  12. 1880
    1880
    Full Professor, Prague

    Full professor of political economy at the German Charles-Ferdinand University in Prague.[1]

  13. 1887
    1887
    *Grundlegung der Theoretischen Staatswirthschaft* (Foundations of Theoretical Public Economics)

    Publication of one of his principal works, in which Sax set out his independent position within the Austrian School and applied the law of value to economic action on any scale.

  14. ⁦1888–1889⁩
    ⁦1888–1889⁩
    Professorship in Prague

    As a professor in Prague, Sax began to support and further develop the subjectivist theory of value and methodological individualism.[1]

  15. ⁦1892–1893⁩
    ⁦1892–1893⁩
    Rector, University of Prague

    Rector of the German Charles-Ferdinand University in Prague during the 1892/93 academic year.[1]

  16. 1893
    1893
    Break with the Austrian School— inferred

    A few years later, Sax distanced himself from the Austrian School and, disappointed, withdrew from university life.

  17. 1893
    1893
    Early retirement

    Gave up teaching owing to increasing hearing loss; withdrew from university life.[1]

  18. 1916
    1916
    “Der Kapitalzins” (Interest on Capital)

    Publication of “Der Kapitalzins” (Interest on Capital); evidence of the productive literary output he developed in the last decade of his life.[1]

  19. 1917
    1917
    Resumption of Research— inferred

    After a pause of almost twenty years, Sax took up his research again and, in the last decade of his life, developed an unusually productive literary output.

  20. 1927
    1927
    Death

    Died on 25 March 1927 in Volosca (Volosko, Istria).[1]

Relationships

Influences

Private seminar, colleagues, Mont Pèlerin · 3
  1. 1894
    1894

    In 1894 he became, as Emil Sax's successor, associate professor at the German University in Prague.

  2. Bevor Sax sich Menger anschloss, war er „mehr dessen Konkurrent als dessen Mitstreiter“ in der österreichischen Nationalökonomie; später wurde er zum Mitstreiter im Methodenstreit, grenzte sich aber wenige Jahre nach 1887 von der Wiener Schule wieder ab.

  3. In the history-of-economic-thought literature on the Viennese theory of taxation, he is treated, together with Emil Sax, as one of the two outstanding Austrian theorists of taxation; both developed in parallel a public finance grounded in marginal utility.[2]

Emil Sax in the context of the School as a whole: five generations, their teacher-student lineages, circles and collegial ties.

SOURCES ON STATIONS AND RELATIONSHIPS18 citations · 2 sources
Topography

Places of Activity

CATALOGUE OF WORKS · CHRONOLOGICAL

The Books

1860s
1869
Der Neubau Wiens im Zusammenhang mit der Donauregulierung
OriginalGerman
Die Wohnungszustände der arbeitenden Klassen und ihre Reform
OriginalGerman
Über Lagerhäuser und Lagerscheine
OriginalGerman
1870s
1870
Die Ökonomik der Eisenbahnen
OriginalGerman
1878
Die Verkehrsmittel in Volks- und Staatswirtschaft: Band 1
OriginalGerman
1879
The second volume of Emil Sax's "Die Verkehrsmittel in Volks- und Staatswirthschaft" (The Means of Transport in the National and State Economy; Vienna 1879) is devoted entirely to railways. Sax first examines how steam locomotion transforms economy and society: the cheapening of transport, the levelling of prices of agricultural products, the shifting of the Thünen production zones, and effects on ground rent, mining, industry and trade. A second section deals with the administration of the railway system and sets out at length why the railway should be withdrawn from purely private economy and conceived as an object of communal economy; in doing so it refutes the various forms of competition theory as well as the contested question of state versus private railways. The third section develops the economics of construction and operation, including the tariff system, value-based tariff-setting and differential tariffs. The fourth gives an overview of the history of the development of the railway system in the principal states. The exposition argues deductively from the general laws of transport set out in the first volume and relies throughout on statistical material and the contemporary specialist literature.
OriginalGerman
1880s
1882
Das Wesen und die Aufgaben der Nationalökonomie
OriginalGerman
1887
Grundlegung der theoretischen Staatswirtschaft
OriginalGerman
1910s
1916
Der Kapitalzins: Kritische Studien
OriginalGerman
1920s
1920
Die Verkehrsmittel in Volks und Staatswirtschaft zweiter Band Land und
OriginalEnglish
1922
Die Verkehrsmittel in Volks und Staatswirtschaft Band 3 Die Eisenbahnen
OriginalEnglish
ARTICLES · 5 CATALOGUED

Essays, Reviews, Lectures

1880s
1881
Die Nationalitätenfrage in Österreich in der politischen und sozialen Bedeutung
OriginalGerman
1884
Das Wesen und die Aufgaben der Nationalökonomie. Ein Beitrag zu den Grundproblemen dieser Wissenschaft
OriginalGerman
1888
Die neusten Fortschritte in der nationalökonomischen Theorie
OriginalGerman
1890s
1892
Die Progressivsteuer
OriginalGerman
1920s
1924
Die Wertungstheorie der Steuer
OriginalGerman
APA
Chicago
German historical style