Virgil Madgearu

Virgil Traian N. Madgearu (Romanian pronunciation: [virˈd͡ʒil maˈd͡ʒe̯aru]; December 14, 1887 – November 27, 1940) was a Romanian economist, sociologist, and left-wing politician, prominent member and main theorist of the Peasants' Party and of its successor, the National Peasants' Party (PNȚ). He had an important activity as an essayist and journalist, being for long a member on the editorial board for the influential Viaţa Românească.

Madgearu was a prominent opponent of the National Liberal Party for much of his life, developing an original theory that challenged both Liberal tenets and Marxian economics, proposing measures to enhance the political and economic roles of Romanian peasants. In his later years, he was involved in anti-fascist causes, and was one of several politicians to be assassinated by the Iron Guard.

Born in Galaţi to an Armenian-Romanian family, he studied economics at the University of Leipzig and spent time in London training in banking. In 1911, he was awarded a doctorate in Leipzig.

After being employed by an insurance company, Madgearu was teacher at the Academy for High Commercial and Industrial Studies in Bucharest after 1916, and held the position until his death. With Dimitrie Gusti, he founded the Romanian Social Institute, which aided sociologists in first-hand investigation work.

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