Bert F. Hoselitz

Who was Bert F. Hoselitz?

Berthold Frank Hoselitz taught Economics and Social Science at the University of Chicago between 1945 and 1978. His analysis of the role of cultural and sociological factors was influential in the newly emerging field of economic development and stands in stark contrast with usual depictions of Chicago School economists focusing on narrow models of self-interested maximizing behavior. He was the founding editor of one of most prominent journals in the field of economic development, Economic Development and Cultural Change. At Carnegie Institute of Technology in 1947–48, he taught a course in international economics that was the only course in Economics future Nobel Laureate John Nash took before Nash went on to write his path breaking thesis on game theory and bargaining.