FELIX SOMARY: THE LAST DISCIPLE OF MENGER
paulvillegas.substack.com · 9,290 words · saved by 1 readers
The banker who predicted two world wars, the crash of 1929, and the rise of Hitler
Within the pantheon of the great economic thinkers of the twentieth century, the name Felix Somary (1881–1956) occupies a singular place, often overshadowed by more prolific academic figures, yet no less influential in those circles where capital and politics intersect. A banker, diplomat, social thinker, and Swiss-Austrian economist, Somary was a man of action whose life unfolded at the epicenter of the convulsions that defined the first half of the century: two world wars, devastating inflation, the Great Depression, and the rise of totalitarian regimes (Somary, 1960/1986, p. 2). His…
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