Lawrence Fertig

Lawrence Fertig

journalist and economic commentator.

Fertig wrote columns for the "New York World-Telegram" and the "New York Sun"."Obituary: Lawrence Fertig". "New York Times". 28 October 1986. [http://query.nytimes.com/gst/fullpage.html?res=9A0DE1D7113BF93BA15753C1A960948260] ] Fertig also wrote the 1961 Regnery Press offering, "Prosperity Through Freedom".

He was the founder of Lawrence Fertig & Company, a New York advertising and marketing firm. The Hoover Institution maintains an archive of Fertig's papers at their Stanford, California location. ["Preliminary Inventory to the Lawrence Fertig Papers, 1943-1978". "Online Archive of California". [http://ark.cdlib.org/ark:/13030/tf1r29n4vs/] ]

Education

After receiving an undergraduate degree from New York University, Fertig attended Columbia University, where he studied economics. He finished his master's degree in that subject and intended to continue on with doctoral studies, but was unable to do so due to the advent of the Second World War.Buckley, Jr., William F. "Lawrence Fertig, RIP - obituary". "National Review". 21 November 1986. [http://www.findarticles.com/p/articles/mi_m1282/is_v38/ai_4551527] ]

Economic commentary

After attending the 1944 Bretton Woods conference on behalf of Scripps-Howard newspapers, Fertig authored a weekly column on financial matters, something that he would continue until the collapse of the "New York World Journal Tribune" in the late 1960s. He was on the board of trustees of the Foundation for Economic Education's monthly journal, "The Freeman". ["The Foundation for Economic Education, Trustees and Staff, 1946-1996". "The Freeman". May 1996. [http://www.fee.org/publications/the-freeman/article.asp?aid=3573] ]

Association with Ludwig von Mises

Fertig, who was a member of the NYU board of trustees, was instrumental in supporting his friend Ludwig von Mises [Moss, Laurence S. "Introduction". "The Economics of Ludwig von Mises: Toward a Critical Reappraisal". Sheed and Ward, 1976. [http://www.econlib.org/LIBRARY/NPDBooks/Moss/mslLvM1.html] ] when the economist fled Europe to the United States during the rise of the Third Reich, [Rockwell, Jr., Llewellyn H. "Why Austrian Economics Matters". "Mises.org". [http://www.mises.org/etexts/why_ae.pdf] ] even going so far as to pay part of Mises' salary himself [North, Gary. "Mises on Money". "LewRockwell.com". 21 January 2002 [http://www.lewrockwell.com/north/north83.html] ] when Mises began teaching at Fertig's alma mater. Referring to Mises' visiting professorship at NYU, economist Murray Rothbard stated that :"NYU’s support for Mises was grudging, and only came about because advertising executive and NYU alumnus Lawrence Fertig, an economic journalist and close friend of Mises and Hazlitt, exerted considerable influence at the university." [Rothbard, Murray N. "Ludwig von Mises: Scholar, Creator, Hero". "Mises.org". 1988, 2002. [http://www.mises.org/rothbard/scholarhero.pdf] ]

The Mises Institute, founded in 1982 in honor of Ludwig von Mises, credits Fertig as being instrumental in its creation and development. ["About the Mises Institute". "Mises.org". [http://www.mises.org/content/about.asp] ] The institute offers a Lawrence Fertig memorial prize to the author whose work "best advances economic science in the Austrian tradition." ["Mises Institute Awards". "Mises.org". [http://www.mises.org/classroom/awards.asp] ]

Notes


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