Paul Einzig (25 August 1897–8 May 1973) was an economic and political writer and journalist. He wrote over 50 books, alongside many articles for newspapers and journals, and regular columns for the newspapers Financial News (which became Financial Times) and Commercial and Financial Chronicle.
Biography
Einzig was born in Braşov, Transylvania (then a part of Hungary, now Romania), into a Jewish family, and educated in Hungary, England, and France. He earned a degree as Doctor of Political and Economic Sciences at the University of Paris from 1921 to 1923. He moved to England in 1919, becoming a citizen in 1929.
Einzig wrote his first article for The Economist in 1919 and contributed to The Economic Journal in 1920 with an article entitled "The Monetary Economy of Bolshevism." He became the Paris correspondent for the Financial News during his doctorate studies, rising to foreign editor upon his move back to London. Einzig used his regular Lombard Street column in the Financial News to provide updates on international finance as well as express his personal views and fight for what he believed were worthy causes. He was the primary investigator behind the "Czech Gold" scandal, where the Bank of England had transferred substantial reserves of Czechoslovak gold to the Reichsbank following the German occupation of Czechoslovakia.
Einzig became political correspondent for the Financial News in 1940 and continued in this role until ill health forced him to resign in 1956. He spent the remainder of his career in freelance work and writing his weekly column in the Commercial and Financial Chronicle.
He had a wife, Ruth, a son, Richard and a daughter. He died in London in 1973.
Works
International Gold Movements, 1929; 2d ed. enl., 1931
The Bank for International Settlements, 1930
Behind the Scenes of International Finance, 1931
The Fight for Financial Supremacy, 1931
The World Economic Crisis, 1929–1931, 1931
Montague Norman: A Study in Financial Statesmanship, 1932
The Bank for International Settlements, 1932
The Tragedy of the Pound, 1932
The Comedy of the Pound, 1933
The Economic Foundations of Fascism, 1933
The Sterling-Dollar-Franc Tangle, 1933
Exchange Control, 1934
France’s Crisis, 1934
Germany’s Default, 1934
The Economics of Rearmament, 1934; reprint 2014
The Future of Gold, 1934
Bankers, Statesmen and Economists, 1935
The Exchange Clearing System, 1935
World Finance Since 1914, 1935. (American ed.: World Finance, 1914–1935, 1935)
Monetary Reform in Theory and Practice, 1936
World Finance, 1935–1937, 1937
World Finance, 1937–1938, 1938
Economic Problems of the Next War, 1939
World Finance, 1938–1939, 1939
Economic Warfare, 1940
Europe in Chains', 1940
World Finance, 1939–1940, 1940
Appeasement Before, During and After the War, 1941
Economic Warfare 1939–1940, 1941
Can We Win the Peace?, 1942
The Japanese New Order in Asia, 1943
Currency after the War: The British and American Plans, 1944
Freedom from Want, 1944
Primitive Money, in its Ethnological, Historical and Economic Aspects, 1949; 1951; 1963
Inflation, 1952
How Money is Managed: The Ends and Means of Monetary Policy, 1954
The Economic Consequence of Automation, 1956
The Control of the Purse: Progress and Decline of Parliament's Financial Control, 1959
In the Centre of Things, 1960
A Dynamic Theory of Forward Exchange, 1961
The History of Foreign Exchange, 1962; 2d ed., 1970
Monetary Politics: Ends and Means, 1964 (new version of How Money is Managed)
The Euro-Dollar System: Practice and Theory of International Interest Rates, 1964; reprint 1967
Foreign Dollar Loans in Europe, 1965
Primitive Money, in its Ethnological, Historical and Economic Aspects, 2d ed. rev. and enl., 1966
Textbook on Foreign Exchange, 1966
Foreign Exchange Crises: An Essay in Economic Pathology, 1968
Leads and Lags. The Main Cause of Devaluation, 1968
Decline and Fall? Britain's Crisis in the Sixties, 1969
The Euro-Bond Market, 1969
The Case Against Floating Exchanges, 1970
Parallel Money Markets. 1. The New Markets in London, 1971
The Case Against Joining the Common Market, 1971
A Textbook on Monetary Policy, 1972
Destiny of Gold, 1972
Destiny of the Dollar, 1972
Parallel Money Markets. 2. Overseas Markets, 1972
Roll-over Credits. The System of Adaptable Interest Rates, 1973
The Euro-dollar System. Practice and Theory of International Interest Rates, 1973