Frederic Passy was an economist and a peace activist who received the first Nobel Peace Prize along with Henri Durant
@Economists, Career and Facts
Frederic Passy was an economist and a peace activist who received the first Nobel Peace Prize along with Henri Durant
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Frederic Passy died at the age of 90 in Neuilly-sur-Seine, France on June 12, 1912.
He is regarded as the ‘Dean’ of the movement for international peace and arbitration in all kinds of conflicts and disputes.
Frederic Passy was born in Paris, France, on May 20, 1822 to Felix Passy who was a veteran of the Battle of Waterloo. His mother was Marie-Louis-Pauline Salleron.
His uncle Hippolyte Passy was a politician who rose to be a cabinet minister in the governments under Louis Phillippe and also under Louis Napoleon.
In his initial days he studied to become a lawyer and practiced law for a few years before joining politics.
Frederic Passy joined the State Council as an accountant and worked for the department from 1846 until 1849.
He withdrew from politics after Louis Napoleon’s coup d'état and became a professional economist in 1857, and began to teach political economy in Paris and the provinces in 1860.
His work on bringing international peace started with the Crimean war which took place between 1853 to1856. •
His essays and lectures which came out in 1857 made him famous throughout the country.
He pleaded for peace to avert the war between France and Prussia over Luxembourg through the periodical ‘Le Temps’ in 1867.
The essays titled ‘Melanges economics’ was the first of his many essays to bring Frederic Passy into the limelight of political economics.
He published an essay titled ‘Pour la paix’ in 1909 which is a chronicle of all the peace and arbitration organizations that he had been associated with during his lifetime.