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Autobiography of Ragnar Frisch (1895 — 1973)

I was born in Oslo, March 3, 1895, as son of the goldand silversmith, Anton Frisch, and his wife, Ragna Fredrikke Kittilsen, who has had a great impact on my general outlook and view on life.

I was first married in 1920 to Marie Smedal. We had an only child, Ragna, who was married Hasnaoui. She has a daughter, Nadia, who, of course, in the view of her grandfather, is the most superb granddaughter in the whole world. My first wife died in 1952. In 1953, I married Astrid Johannessen whom I had known from childhood. She had passed her university degree in languages in the Oslo University, 1921. She is a daughter of the businessman and ship owner (from the time of the sailing ships), I.M. Johannessen and his wife, Julie Caspersen. They had been intimate friends of my parents for many years. Ever since our marriage, Astrid has been my unfailing companion and has sustained me devotedly in all the ups and downs of life.

My father's goldand silverwork firm in Oslo was established by my grandfather in 1856. Gold and silver has been a tradition in our family ever since the years around 1630 when King Christian IV of Denmark-Norway asked the Electoral Prince of Saxony to send him a team of mining specialists from Freiberg in Saxony (that had a Mining Academy) to the newly-discovered silver deposits at Kongsberg, Norway. We can trace our ancestry fairly exactly back to that time.

When I was planning my future it was more or less taken for granted that I should follow the gold and silver tradition. For that purpose, I started as an apprentice in the workshop of the famous Oslo firm, David Andersen, and at the end of the apprenticeship in 1920, I completed my handicraftsman's probation work as a goldsmith.

After the beginning of my apprenticeship, my mother got a strong feeling that the trade would not be satisfactory for me in the long run. She insisted that at the same time as I completed my apprenticeship, I should take up a university study. We perused the catalogue of the Oslo University

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and found that economics was the shortest and easiest study. So, therefore, economics it became. That is the way it happened. Later on, the study of economics in the Oslo University has proceeded by leaps and bounds in the direction of a more advanced and time-consuming study (some people seem to think that, somehow, I have been instrumental in this development).

I passed my university degree in economics in Oslo, 1919. About a year later, I went abroad to study economics and mathematics in earnest. I visited France, Germany, Great Britain, the United States and Italy. During my stay of nearly three years in France, I got so familiar with the conditions there that ever since, when I get to visit France, I somehow feel that I have "come home again". I passed my Ph.D. on a mathematical statistical subject in the Oslo University in 1926. In 1925 I was appointed Assistant Professor, in 1928, Associate Professor, and in 1931, full Professor in Oslo. I became Director of Research of the newly-established Economic Institute in the Oslo University.

In addition to these facts, I shall not have much to say about my scientific career. I am an invited member of a great number of learned societies in different countries, and have several doctorates honoris causa.

Of my scientific awards before the 1969 Prize in Economic Science in Memory of Alfred Nobel, I must mention the big Antonio Feltrinelli prize awarded to me in 1961 by the Accademia Nazionale dei Lincei, the old and famous Italian society of which Galileo Galilei was one of the first members.

When I think of the long list of problems of which I have in vain tried to find the solution, and think of the honours that have nevertheless been bestowed upon me, I understand with deep thankfulness to Whom all this is due: to the Lord Who has steered my steps over the years, and Who has been my refuge in the superior matters which no science can ever reach.

My hobbies have been outdoor life, including mountain climbing on a modest scale. But above all, it has been bee-keeping and queen-rearing in

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which I have been engaged for 57 years, with emphasis on a genetic and statistical study with a view to improving the quality of the bee. If somebody asked me if I find this occupation pleasant and entertaining, I am not sure I could honestly say yes. It is more in the nature of an obsession which I shall never be able to get rid of.

How I Became an Economist by Paul A. Samuelson

From one point of view my studying economics was the result of accidental blind chance. Prior to graduating from high school I was born again at 8:00 a.m., January 2, 1932, when I first walked into the University of Chicago lecture hall. That day's lecture was on Malthus's theory that human populations would reproduce like rabbits until their density per acre of land reduced their wage to a bare subsistence level where an increased death rate came to equal the birth rate. So easy was it to understand all this simple differential equation stuff that I suspected (wrongly suspected) I was missing out on some mysterious complexity.

Luck? Yes. And all my life I have been at the right place at the right time. Chicago was at that period the top center for old-fashioned neoclassical micro-economic study. But I didn't know that; my reason for entering there was simply because the University of Chicago was close to my school and home. Later when I was bribed to leave the Eden of the Chicago womb, choice boiled down to either the Harvard or the Columbia Graduate School. My Chicago mentors Frank Knight, Jacob Viner, Henry Simons, Paul Douglas without exception said: "Pick Columbia." Never one to blindly accept adult advice, I picked Harvard. I picked it by miscalculation, expecting that it would be a little oasis on rolling green hills.

Thanks in part to the evils of Adolph Hitler; my 1935 — 40 sojourns at Harvard coincided with its economics renaissance under Joseph Schumpeter, Wassily Leontief, Gottfried Haberler, and the "American Keynes" Alvin Hansen. (Also, for me, I was able to become the sole protege of the polymath Edwin Bidwell Wilson, who had himself been the

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sole protege of Yale's great physicist Willard Gibbs.) Contemporary Harvard graduate students came to match in brilliance the new Harvard faculty. Richard Musgrave, Wolfgang Stolper, Abram Bergson, Joe Bain, Lloyd Metzler, Richard Goodwin, Robert Triffin, James Tobin, Robert Solow, all of them my pals, became the 1950 — 2000 era stars in world frontier economics. Harvard made us, yes. But as I have written many times, we made Harvard.

The Duke of Wellington said, "The battle of Waterloo was won on the playing fields of Eton." I can say, "World War II was won in the seminar rooms of Cambridge, Princeton, and Los Alamos."

Perhaps more important than the causal role of casual luck was the salutary fact that economics was just right for me. This field was then entering a mathematical phase in both theory and statistics. As a precocious youngster I had always been good at logical manipulations and puzzle-solving IQ tests. So if economics was made for me, it can be said that I too was made for economics. Never underestimate the vital importance of finding early in life the work that for you is play. This turns possible underachievers into happy warriors.

1932 was the bottom point of the Great Depression. That was a good time to be not yet in the labour market. Just when I had completed my advanced training, World War II came, followed by fifty years of exploding college economics enrolments. My generation had a strong wind at its back. My famous teachers had become full professors only after 40. Wunderkinds in my generation could become anointed before age 30. Outside the Ivory Tower, economists were sought out by governments, corporations, Wall Street traders, and Textbook publishers.

One comes to understand the importance of biography in a scholar's research contributions. Before university, I never opened the copy of Adam Smith on my father's bookshelf. But I did experience first hand, in my virtual infancy, the disappearance of the horse economy, the arrival of indoor plumbing and electric lighting. After that radio waves through the air or TV pictures left one blase.

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