Bible Encyclopedias
Passy

1911 Encyclopedia Britannica

Search for…

Enter query below:

or

A B C D E F G H I J K L M N O P Q R S T U V W Y Z

Prev Entry
Passport

Next Entry
Paste

Resource Toolbox

Print Article

"(1822-1912), French economist and pacifist, was born in 1822 and was a nephew of the economist Hippolyte Passy, finance minister to Louis Philippe and to Louis Napoleon's Republican Government. Under his uncle's influence Frederic devoted himself to economic studies, and to that end gave up the appointment as auditor of the Conseil de Droit, which he had held during 1846-49. In 1860 he began to teach political economy both in Paris and in the provinces. His first work on the subject, Melanges economiques, appeared in 1857. True to his republican principles, he refused to be reconciled to the Second Empire, and remained, therefore, ineligible for any Government post. He was an ardent free-trader and an admirer of Cobden. In 1867 he founded the Ligue Internationale de la Paix, afterwards known as the Societe Frangaise pour l'Arbitrage entre Nations, and for the rest of his life he devoted himself to the promotion of international peace. From 1881 to 1899 he was deputy for the Seine department. In 1901 he received the Nobel Prize, sharing it with M. Dunant. His published works include De la Propriete Intellectuelle (1859); Legons d'economie politique (1860-61); La Democratie et l'Instruction (1864); L'Histoire du Travail (1873); Malthus et sa Doctrine (1868); La Solidarite du Travail et du Capital (1875) and Le Petit Poucet du 191eme Siecle: George Stephenson (1881). He died in Paris June 12 1912.