Hermann Paasche

Hermann Paasche
Hermann Paasche (1851-1925)
Born	February 24, 1851 Burg bei Magdeburg, Germany
Died	April 11, 1925 Detroit, Michigan, United States
Residence	Germany
Nationality	German
Fields	Statistician and economist
Institutions	Aachen University of Technology University of Marburg
Alma mater	University of Halle
Doctoral advisor	Johannes Conrad
Doctoral students	Karl Eugen Guthe
Known for	Paasche Index
Notes
He is the father of .

Hermann Paasche (German pronun­cia­tion: [ˈpaːʃɛ]; February 24, 1851, Burg bei Magdeburg – April 11, 1925, Detroit) was a German statistician and economist. He is known for his Paasche Index, which provides a calculation of the Price Index. Paasche studied economics, agriculture, statistics and philosophy at University of Halle. In 1879, he became a professor of political science at Aachen University of Technology. Paasche died in 1925 in Detroit, Michigan, United States.

In 1870, Paasche matriculated from the Burg Gymnasium. At the University of Halle he first studied agriculture. After military service, his studies continued, however, his attention turned to economics, statistics, and philosophy. Paasche completed his doctorate in 1875 under Johannes Conrad at the University of Halle. In 1877, his postdoctoral thesis (habilitation) was entitled: Über die Entwicklung der Preise und der Rente des Immobiliarbesitzes.

His inaugural lecture was entitled: Über den Staat und seine volkswirtschaftlichen Aufgaben (About the state and its economic tasks). In 1879, he became professor of political science at Aachen University of Technology, but moved quickly to , 1884 at the University of Marburg and 1897 to the Technical University of Charlottenburg. Paasche developed a national statistical index (Paasche index) and analyzed the German sugar industry.