Age, Biography and Wiki

Harry Nick was born on 15 August, 1932 in Borowo ( Łódź Voivodeship), Poland, is an East German Marxist economist. Discover Harry Nick'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 77 years old?

Popular As N/A
Occupation Marxist Economist Professor Commentator-pundit
Age 77 years old
Zodiac Sign Leo
Born 15 August 1932
Birthday 15 August
Birthplace Borowo ( Łódź Voivodeship), Poland
Date of death 2009
Died Place Berlin, Germany
Nationality Poland

We recommend you to check the complete list of Famous People born on 15 August. He is a member of famous Economist with the age 77 years old group.

Harry Nick Height, Weight & Measurements

At 77 years old, Harry Nick height not available right now. We will update Harry Nick's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

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Children 6

Harry Nick Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Harry Nick worth at the age of 77 years old? Harry Nick’s income source is mostly from being a successful Economist. He is from Poland. We have estimated Harry Nick'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

1918

The region had reverted to Polish control after 1918 but remained multi-ethnic throughout the 1930s.

1932

Harry Nick (15 August 1932 - 7 December 2014) was an East German Marxist economist.

1939

Nevertheless, even as a small child Harry Nick was, during 1939, intensely aware of the seemingly sudden erupting tensions between ethnic German speakers and ethnic Polish speakers.

Harry Nick was from the ethnic German community, and would never forget the time when two friends from the Polish side of the growing ethnic divide told him, "You are a Schwob. Also, our parents have forbidden us from playing with you."

His father was a forestry worker.

1945

In January/February 1945 the family were driven west by the ethnic cleansing of the time, settling in Sylda, a village in the rural Mansfelder mountain region south of Magdeburg.

1951

Nick completed his schooling in 1951 at the senior school (Oberschule) in nearby Hettstedt.

During this time he was also a member of the local leadership team of the party-backed Free German Youth.

On leaving school he worked for four months at the steel mill in Hettstedt as a "rod puller".

Between 1951 and 1954 he studied Industrial Economics and Organisation at the College for Economic Planning ("Hochschule für Planökonomie" - as it was known at that time) in Berlin-Karlshorst.

He combined his studies with work as a research assistant on Marxism–Leninism.

The topic for his degree dissertation was "The Nature of the Socio-economic changes in Czechoslovakia after the Second World War".

After receiving his degree he stayed on at the college as an assistant at the college Institute for Political Economy, in the section devoted to the Political Economy of socialism, progressing to the position of a senior assistant over the next few years.

1959

He received his doctorate in 1959 for work on the accumulation of investment capital for livestock accommodation in large agricultural co-operatives.

1960

During the early 1960s party leaders were increasingly desperate to slow down or even reverse the widening gap in economic performance and general prosperity between socialist East Germany and capitalist West Germany.

One response was to try and restrict economic emigration from east to west.

Another involved economic reforms at home which would focus more on profitability and decentralising decision making.

The way in which it was implemented (or was not) during the 1960s and 1970s suggest it was no such thing.

Walter Ulbricht seems always to have been, at most, a deeply reluctant convert to inconvenient economic truths.

Harry Nick engaged with commitment in the debates surrounding the New Economic System, and what it should mean in terms of economic planning and management of the national economy.

He saw and articulated an acute need for "economic reform in the context of genuine socialism".

1962

By 1962, he was also delivering lectures.

It was in 1962 that Harry Nick moved on to the Central Committee Academy for Social Sciences ("Akademie für Gesellschaftswissenschaften beim ZK der SED"), initially as a researcher and, from 1964, also as a lecturer at the academy's Institute for Social Sciences.

1963

The so-called New Economic System was formally launched in 1963.

Western sources tend to see it as a belated acceptance of western-style economic liberal economics.

1965

In 1965 he confirmed that his career lay in the academic sector by obtaining his Habilitation (higher degree) in return for a piece of work entitled "Der Fondsvorschuss als besondere Aufwandsart", which concerned alternative investment modalities.

1967

In 1967 he accepted a full professorship in Political Economy.

It may have been out of respect for his unwavering commitment to basic socialist principals that between 1967 and 1990 Harry Nick was able to publish a succession of articles drawing attention to problems afflicting East Germany which, in his judgement, called for urgent economic reforms and remedies.

Among his more important published contributions were "Technical Revolution and the Economics of Funding Manufacturing" (1967) "Society and Business under Socialism" (1970), and "The Economic and Social Impact of Academic and Technical Progress" (1986).

1989

He was a 57-year-old professor and department head at the Central Committee Academy for Social Sciences ("Akademie für Gesellschaftswissenschaften beim ZK der SED") in Berlin when street protesters broke through the Berlin Wall in November 1989, after which many of his contemporaries rapidly disappeared into obscurity.

Harry Nick emerged as a robust exponent of "economic literacy".

He had always been prepared to argue his case, even when his evaluations were out of harmony with some party dogma of the moment: he spent the final decades of his life as a controversialist and media pundit, happy to explain what went wrong with the "socialist experiment" that was East Germany, but trenchant in his advocacy of core economic principals such as the central importance of shared "public" ownership of the means of production.

Harry Nick was born in Borowo, a short distance outside Łódź.

To the extent that his vision was never realised, he continued to articulate it, appropriately updated, long after the increasingly obvious bankruptcy of the East German economy had effectively put an end to the East German dictator-state during 1989/90.

In 1989 not everyone anticipated reunification with the same bull-headed clarity as Chancellor Kohl, but there was a widespread acceptance within the political class that as the winds of Glasnost blew across from, of all places, Moscow, the SED's days as the country's perpetually ruling party were numbered.

1990

Nick remained in charge of research in respect of "Economic and Social Problems resulting from Academic and Technical Advances" at the Institute for Political Economy till 1990.

Principal areas of work included the Economics of Funding new enterprises and Economic Accounting.

The Central Committee Academy for Social Sciences closed in 1990 at around the same time as The One-party dictatorship collapsed.

For Harry Nick, still aged only 58, this triggered both enforced retirement and the start of a new career.

He remained engaged both politically and as a journalist.