Wilhelm Launhardt
Encyclopedia
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...
mathematician
Mathematician
A mathematician is a person whose primary area of study is the field of mathematics. Mathematicians are concerned with quantity, structure, space, and change....
and economist
Economist
An economist is a professional in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy...
.
Launhardt was born in Hanover
Hanover
Hanover or Hannover, on the river Leine, is the capital of the federal state of Lower Saxony , Germany and was once by personal union the family seat of the Hanoverian Kings of Great Britain, under their title as the dukes of Brunswick-Lüneburg...
, the capital of the Kingdom of Hanover
Kingdom of Hanover
The Kingdom of Hanover was established in October 1814 by the Congress of Vienna, with the restoration of George III to his Hanoverian territories after the Napoleonic era. It succeeded the former Electorate of Brunswick-Lüneburg , and joined with 38 other sovereign states in the German...
. He studied and taught at Hanover's technical school. Following Hanover's annexation by the Kingdom of Prussia
Kingdom of Prussia
The Kingdom of Prussia was a German kingdom from 1701 to 1918. Until the defeat of Germany in World War I, it comprised almost two-thirds of the area of the German Empire...
, Launhardt served in the Prussian House of Lords
Prussian House of Lords
The Prussian House of Lords was the first chamber of the Parliament of the Kingdom of Prussia from 1850-1918. The second chamber was the Prussian House of Representatives . The House of Lords was created on January 31, 1850 with the adoption of the Constitution of the Kingdom of Prussia...
.
In 1885 he succeeded in calculating the optimal rate of duties in the sense of the effects of the terms of trade
Terms of trade
In international economics and international trade, terms of trade or TOT is /. In layman's terms it means what quantity of imports can be purchased through the sale of a fixed quantity of exports...
.
Works
, 1872- "Die Bestimmung des Zweckmässigsten Standortes einer Gewerblichen Anlage", Zeitschrift des Vereines Deutscher Ingenieure, 1882
- Mathematische Begründung der Volkswirtschaftslehre, 1885.
- Theory of Network Planning, 1888.