Marget, Arthur W.

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MARGET, ARTHUR W.

MARGET, ARTHUR W. (1899–1962), U.S. economist. Born in Chelsea, Massachusetts, after serving with the U.S. army during World War i he taught at Harvard and at the University of Minnesota. In World War ii he again joined the armed forces and rose to the rank of lieutenant colonel. After the war he was chief of the finance and economic division of the United States element of the Allied Commission for Austria and during 1947–48 was chief of the United States finance division in Paris. In 1950 he joined the Board of Governors of the Federal Reserve System in Washington and became the director of its international finance division. In 1961 he resigned and went to Guatemala as regional adviser to the State Department's Agency for International Development. His major publication is The Theory of Prices, 2 vols. (1938–42).

[Joachim O. Ronall]