Frédéric Passy (May 20, 1822 - June 12, 1912) was a French economist and a joint winner (together with Henry Dunant) of the first Nobel Peace Prize awarded in 1901.
Born in Paris, Passy's uncle Hippolyte Passy was a cabinet minister for both Louis Philippe and Louis Napoleon. Passy studied law and then became an accountant in the State Council. However, he returned to the university to study economics and became a professional economist in 1857.
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Frédéric Passy (May 20, 1822 - June 12, 1912) was a French economist and a joint winner (together with Henry Dunant) of the first Nobel Peace Prize awarded in 1901.
Born in Paris, Passy's uncle Hippolyte Passy was a cabinet minister for both Louis Philippe and Louis Napoleon. Passy studied law and then became an accountant in the State Council. However, he returned to the university to study economics and became a professional economist in 1857.
His reputation was established through his Mélanges économiques essays and a lecture series given at the University of Montpellier and published as the Leçons d'économie politique. He was an advocate of free trade and adherent to the ideas of Richard Cobden. In 1877 he became a member of the French Académie des sciences morales et politiques, a component of the Institut de France.
Passy directly engaged in political questions, advocating educational reform and intervening to prevent war between France and Prussia over Luxembourg. He helped...
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