HAHN, ALBERT L.

HAHN, ALBERT L. (1889–1968), German banker and economist. Hahn was born in Frankfurt and during the 1920s joined the Deutsche Effekten-und Wechselbank, in which his family had a sizable interest. In 1929 he became professor of economics at the University of Frankfurt. In 1939 he went to the U.S. and taught at the New School for Social Research in New York. He left the U.S. in 1950 and eventually returned to his teaching career at Frankfurt University. Hahn's main concern was the theory of money and credit. He consistently advocated a stable currency as a prime social safeguard. His many publications include Volkswirtschaftliche Theorie des Bankkredits (1920), Common Sense Economics (1956), Fuenfzig Jahre zwischen Inflation und Deflation (1963), Ein Traktat ueber Waehrungsreform   (1964), and Nationale und internationale Aspekte der amerikanischen Währungspolitik (1966). (Joachim O. Ronall)