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Fritz Machlup
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{{Short description|Austrian economist (1902β1983)}} {{Infobox economist | name = Fritz Machlup | school_tradition = [[Austrian School]] | image = | caption = | birth_name = Friedrich Eduard Machlup | birth_date = {{birth date|1902|12|15|mf=y}} | birth_place = [[Wiener-Neustadt]], [[Austria-Hungary]] | death_date = {{death date and age|1983|1|30|1902|12|15|mf=y}} | death_place = [[Princeton, New Jersey]], U.S. | education=[[University of Vienna]]<br><small>([[Dr. rer. pol]], 1923)</small> | institution = [[New York University]] <br>(1971β83)<br />[[Princeton University]] <br>(1960β71)<br>[[Johns Hopkins University]]<br> (1947β59)<br>[[University at Buffalo]]<br> (1935β47) | field = | doctoral_advisor = [[Ludwig von Mises]] | influences = [[Friedrich von Wieser]]<br>[[Ludwig von Mises]]<br>[[Friedrich Hayek]] | contributions = [[Information society]] | signature = Fritz_Machlup_signature.gif }} '''Fritz Machlup''' ({{IPAc-en|Λ|m|ΙΛ|k|l|Κ|p}};<ref>{{YouTube|id=42wOuPBCFcI|Fritz Machlup on whether everybody should go to college|time=4m57s}}</ref> {{IPA|de|ΛmaxluΛp|lang}}; born '''Friedrich Eduard Machlup'''; December 15, 1902 β January 30, 1983) was an Austrian-American [[economist]] known for his work in [[information economics]].<ref>{{cite book |author= Chipman, J.S. |chapter= Machlup, Fritz (1902β1983) |title= The New Palgrave Dictionary of Economics |editor1=Durlauf, S.N. |editor2= Blume, L.E. |year= 2008 |doi= 10.1057/978-1-349-95121-5_925-2 |place= London |publisher= Macmillan Palgrave |pages= 1β3|isbn= 978-1-349-95121-5 }}</ref> He was President of the [[International Economic Association]] from 1971 to 1974.<ref name=":2" /> He was one of the first economists to examine [[knowledge]] as an economic resource,<ref>* {{cite journal |author= May, Clifford D. |author-link = Clifford May |title= Fritz Machlup, 80, An Economist, Dies |journal= The New York Times |date= 31 January 1983 |url= https://www.nytimes.com/1983/01/31/obituaries/fritz-machlup-80-an-economist-dies.html |accessdate= 8 September 2023}}</ref> and is credited with popularising the concept of the [[information society]].<ref name=":0">{{cite journal |last1=Crawford |first1=S |title=The origin and development of a concept: the information society. |journal=Bulletin of the Medical Library Association |date=October 1983 |volume=71 |issue=4 |pages=380β385 |pmid=6652297 |pmc=227258 }}</ref>
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