Age, Biography and Wiki

Don Patinkin was born on 8 January, 1922 in Chicago, Illinois, US, is an Israeli-American economist and university administrator. Discover Don Patinkin'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 73 years old?

Popular As N/A
Occupation N/A
Age 73 years old
Zodiac Sign Capricorn
Born 8 January, 1922
Birthday 8 January
Birthplace Chicago, Illinois, US
Date of death 7 August, 1995
Died Place Jerusalem, Israel
Nationality United States

We recommend you to check the complete list of Famous People born on 8 January. He is a member of famous economist with the age 73 years old group.

Don Patinkin Height, Weight & Measurements

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Don Patinkin Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Don Patinkin worth at the age of 73 years old? Don Patinkin’s income source is mostly from being a successful economist. He is from United States. We have estimated Don Patinkin'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
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Source of Income economist

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1922

Don Patinkin (Hebrew: דן פטינקין) (January 8, 1922 – August 7, 1995) was an American-born Israeli monetary economist, and the President of the Hebrew University of Jerusalem.

Don Patinkin was born January 8, 1922, in Chicago, to a family of Jewish emigrants from Poland.

While doing his undergraduate studies at the University of Chicago, he also studied the Talmud at the Hebrew Theological College in Chicago.

1947

He continued at Chicago for his graduate studies, earning a Ph.D. in 1947 under the supervision of Oskar R. Lange.

Patinkin was a strong Zionist and, while doing his graduate studies, planned to immigrate to Palestine; in his graduate research he studied Palestinian economics, although he did not complete his thesis in this subject.

1949

After graduating he held lecturer positions at the University of Chicago and the University of Illinois until he succeeded in emigrating to Israel in 1949, where he was hired by the Hebrew University in Jerusalem.

1956

In 1956 he was appointed the research director of the Falk Institute for Economic Research, which was established by Simon Kuznetz with the support of the Falk Foundation.

He remained at the Hebrew University.

His monograph Money, Interest, and Prices (1956) was for many years one of the most widely used advanced references on monetary economics.

1965

Huw Dixon believes that: "Money, Interest and Prices is perhaps as great in its vision as Keynes' General Theory. Whilst the latter has a greater abundance of originality, the former has a greater clarity of insight and formal expression. Don Patinkin states his theory of the labour market and corresponding notion of the full employment equilibrium in just three pages of Money, Interest and Prices (in the 1965 edn. pp. 127–30). These pages deserve great attention: they state the labour market model that became the standard foundation for the aggregate supply curve in the aggregate demand/aggregate supply (AD/AS) model. Although Patinkin himself did not formulate the AD/AS representation, it is implicit in his Money, Interest and Prices."

1970

Patinkin was awarded the Israel Prize in 1970.

1982

becoming university president from 1982 to 1986, following Avraham Harman.

He resigned due to the poor state of the university's finances and was succeeded by Amnon Pazy.

1989

In 1989, a conference was held in honor of Patinkin's retirement.

1995

He retired in 1989, and died August 7, 1995, in Jerusalem.

Patinkin's work explored some of the microfoundations of Keynesian macroeconomics, particularly the role of money demand.