Karl Polanyi

Karl Polanyi was born on October 25, 1886, in Vienna. He graduated with a degree in philosophy in 1908 and in law in 1912 from the University of Budapest. In 1919, he emigrated to Austria, and in 1933 to England; from 1940 he resided in the United States, and from 1953 in Canada. His landmark work, "The Great Transformation," was published in 1944. Karl Polanyi passed away on April 23, 1964, in Pickering, near Toronto.