Age, Biography and Wiki

Harry Magdoff was born on 21 August, 1913 in Bronx, New York, U.S., is an American economist. Discover Harry Magdoff's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 93 years old?

Popular As N/A
Occupation N/A
Age 93 years old
Zodiac Sign Leo
Born 21 August 1913
Birthday 21 August
Birthplace Bronx, New York, U.S.
Date of death 2006
Died Place Burlington, Vermont
Nationality United States

We recommend you to check the complete list of Famous People born on 21 August. He is a member of famous economist with the age 93 years old group.

Harry Magdoff Height, Weight & Measurements

At 93 years old, Harry Magdoff height not available right now. We will update Harry Magdoff's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

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Who Is Harry Magdoff's Wife?

His wife is Beatrice Greizer (1913-2002)

Family
Parents Not Available
Wife Beatrice Greizer (1913-2002)
Sibling Not Available
Children Fred Magdoff

Harry Magdoff Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Harry Magdoff worth at the age of 93 years old? Harry Magdoff’s income source is mostly from being a successful economist. He is from United States. We have estimated Harry Magdoff's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income economist

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Timeline

1913

Harry Samuel Magdoff (August 21, 1913 – January 1, 2006) was a prominent American socialist commentator.

He held several administrative positions in government during the presidency of Franklin D. Roosevelt and later became co-editor of the Marxist publication Monthly Review.

A child of Russian-Jewish immigrants, Magdoff grew up in the Bronx.

1929

In 1929, at age 15, Magdoff first started reading Karl Marx when he picked up a copy of A Contribution to the Critique of Political Economy in a used-book store.

The Great Depression left a strong impact on Magdoff's perspective on capitalism, as Magdoff recalled a sense of doom felt in the 20th mid-century by pro-capitalists, holding that nothing since 1929 led him to believe that the economy has become immune to cycles of severe crisis.

Until his death, Magdoff co-edited the Monthly Review with John Bellamy Foster.

Magdoff had two sons, one of whom, Fred Magdoff, is an expert in plant and soil science.

1930

Magdoff studied mathematics and physics from 1930 to 1933 at the City College of New York taking engineering, math and physics courses; he was active in the Social Problems Club with many schoolmates who later joined the Abraham Lincoln Brigade, a Comintern organization that fought in the Spanish Civil War.

Many also joined the US Armed Forces.

1933

Magdoff attended New York University after 1933, where he studied economics and statistics, receiving a B.Sc in Economics in 1935.

He was suspended and later expelled from City College for activities related to editing Frontiers (a radical student magazine not sanctioned by the school), including participation in a mock trial of the school's President and its Director.

After college, David Weintraub Head of the WPA's National Research Project assisted him to get a job with the Works Progress Administration measuring the productivity of various manufacturing industries.

1940

By 1940 Magdoff was the WPA's Principal Statistician.

During World War II Magdoff worked on the National Defense and Advisory Board and the War Production Board, in the Statistical and Tools Divisions.

1946

He left the Commerce Department at the end of 1946.

Magdoff was happy to leave his position with the United States Department of Commerce, on December 30, 1946, and went to work for the New Council on American Business in New York until 1948, at which time he began employment with Trubeck Laboratories in New Jersey.

1948

He was an economic adviser and speechwriter to former Vice-President and then unsuccessful Presidential candidate Henry Wallace, who ran as the Progressive Party candidate in 1948.

1950

Unable to be reemployed in government because of security concerns, he found a career in academia beginning in the 1950s.

After the Cuban Revolution, Magdoff traveled to Cuba and had an all-night meeting with Che Guevara, whom he later described as a "sweet and polite man".

1960

This perspective put the magazine and its press squarely on the New Left intellectual agenda since the late 1960s.

1964

This long brainstorming session on the potential obstacles the new revolution would face, sparked a mutual camaraderie that led to Magdoff also meeting with Guevara during his 1964 visit to the United Nations in New York City.

1969

The Age of Imperialism, his first and arguably most influential book, came out in 1969.

The book sold over 100,000 copies and was translated into fifteen languages.

1990

Two years later after the death of Leo Huberman, Magdoff began co-editing the Monthly Review with Paul Sweezy, and continued to edit the magazine into his 90th year.

Magdoff and Sweezy together produced five books, as well as many years of Monthly Review.

One of Magdoff's last books was Imperialism without Colonies, published at age 89.

Under Magdoff's direction, the Monthly Review increasing focused on imperialism as the key unit of analysis for global development and the forces challenging neocolonialism in the Third World.

2002

His wife of almost 70 years, Beatrice, died in 2002.

Magdoff has been accused by a number of authors as having been complicit in Soviet espionage activity during his time in US government.

He was accused of passing information to Soviet intelligence networks in the United States, primarily through what the FBI called the "Perlo Group."

Magdoff was never indicted, but after the end of the Cold War, a number of scholars have inspected declassified documents (including those of the Venona project) from U.S. and Soviet archives.

They cite these documents to support the claim that Magdoff was involved in espionage.

Other authors have taken issue with some of the broader interpretations of such materials which implicate many Americans in espionage for the Soviet Union, and the allegation that Harry Magdoff was an information source for the Soviets is disputed by several academics and historians asserting that Magdoff probably had no malicious intentions and committed no crimes.

2003

"It blew my mind," recalled Magdoff in 2003.

"His view of history was a revelation....that got me started reading about economics. We were going into the Depression then and I wanted to figure out what it all meant."

His interest in Marx led him to embrace socialism.