Founding father of the New Austrian School of Economics, chairman NASoE, Fekete Research and MondoR
Professor Fekete was born in Budapest, Hungary, in 1932. He graduated from the Loránt Eötvös University of Budapest in mathematics in 1955 and left Hungary in the wake of the 1956 anti-Communist uprising, immigrating to Canada in the following year. He was appointed Assistant Professor at the Memorial University of Newfoundland in 1958, retiring 35 years later as a full professor in 1993. During the period 1958 to 1993 he was a visiting professor at Columbia University in the City of New York (1961), Trinity College, Dublin, Ireland (1964), Acadia University, Wolfville, Nova Scotia (1970), Princeton University, Princeton, New Jersey (1974). Since 2005 he has been Professor at Large of Intermountain Institute for Science and Applied Mathematics (IISAM), Missoula, Montana. Prof Fekete has developed the ideas of Austrian economics, in particular with respect to interest. He is an expert in the role of gold in the world monetary system and has followed the gold basis since the introduction of gold futures trading in the 1970s. Prof Fekete is a frequent contributor to the internet-based gold community and travels widely as a speaker.