Henryk Grossman

Who was Henryk Grossman?

Henryk Grossman, was an economist, historian, and revolutionary from Galicia.

Born Kraków, Grossman studied economics and law in Kraków and Vienna. In 1925 he joined the Institute for Social Research in Frankfurt. He left Germany in the 1930s and returned to become Professor of Political Economy at Leipzig University in 1949.

Grossman's key contribution to political-economic theory was his book, The Law of Accumulation and Breakdown of the Capitalist System, a study in Marxian crisis theory. It was published in Leipzig months before the Stock Market Crash of 1929.