Introducing ...

Karl Polanyi (1886–1964) was born in Vienna on October 25 of Hungarian parents. He was a leading twentieth century economic historian. After studies in Budapest, work as a lawyer, radical political activity, service in World War I, and work as a journalist, he immigrated first to Great Britain (1933) and then to the United States (1940s) where he taught at Bennington College and at Columbia University. Because of past involvement with Marxist radicalism, his wife, Ilona Duczynska, was ineligible to emigrate to the United States. The family took up residence in Pickering in 1950 and Polyani commuted to New York to teach at Columbia. He died in Pickering, Ontario, on April 23, 1964.