Lujo Brentano was born on December 18th, 1844 in Aschaffenburg, Bavaria, into
one of the most important German-Catholic intellectual families, originally of
Italian descent.
During his career Brentano became one of the most distinguished, most
influential
and sociopolitically most committed economists and social reformer of his time.
Brentano attended schools in Aschaffenburg and Augsburg. After graduation, he
went to Ireland where he became student at the world famous "Trinity College" in
Dublin from 1861 till 1862.
Back in Germany, he attended the universities of Muenster, Munich, Heidelberg,
Wuerzburg, Goettingen and Berlin. In Heidelberg he earned his doctorate in law
(Dr. iur.) and in Goettingen his doctorate in economics (Dr. rer. pol.). Having
finished
his studies, he started to work for the "Königliches Statistisches Seminar zu Berlin",
the royal statistical office, in Berlin. In 1868, Lujo Brentano accompanied the
head of this statistical office, Dr. Ernst Engel (Statistician and creator of
the famous "Engel's Law" and the "Engel Curve"), on one of his trips to England.
During this journey, he studied the conditions of the english working classes
and, especially, trade-unions. The fruit of this work is one of his most
popular books and became an authoritative source on trade unions and
associations: "Die Arbeitergilden der Gegenwart", Leipzig, 1871-1872.
In 1872 Lujo Brentano became professor of political economics at the
University of Breslau. During the following years he worked at different
universities, such as the Universities of Strasbourg, Vienna and Leipzig.
Finally, from 1891 till 1914 he worked as professor at the
Ludwig-Maximilans-University in Munich and was holder of this chair.
Lujo Brentano was one of the most important representatives of the Younger
German Historical School. Alongside Gustav Schmollner and Adolph
Wagner,he was founder of the "Verein für Socialpolitik" (1873). This Verein
earned Brentano and his colleagues the label of "socialists of the chair"
(Kathedersozialist).
While Schmollner and Wagner were supporters of the conservative wing,
Brentano was head of the liberal movement in which he was supported by the
younger generation economists. Because of this insuperable misunderstandings
Brentano chose to quit his participation in the Verein, which he
originally had founded.
Because of his position as a teacher and social
reformer, Brentano had big influence on the social market economy as well as
on German politicans such as the former federal president of Germany and
economist Theodor Heuss, who used to be one of Brentanos students.
At the ripe old age of 87 Lujo Brentano died on September 9th, 1931 in Munich. |