By Peter Coleman
‘H.W. Arndt has been Australia’s prime student of Asian financial improvement for over thirty years’ - Former global financial institution President James D Wolfensohn. The yr of Heinz Wolfgang Arndt’s delivery, 1915, was once no longer a great time for a German boy to be born. His kingdom used to be quickly to be defeated in an exceptional struggle, his college years have been shadowed through the increase of Hitler. but while Heinz’s long-buried Jewish heritage led his educational father to lose his chair in chemistry and flee to Oxford, Heinz undefined. As Heinz placed it, the calamity of Hitler’s upward push to strength led him to ‘the superb luck of an Oxford schooling and a lifestyles spent in England and Australia.’ This used to be a guy of inexhaustible strength and optimism, who lower back from months in the back of barbed cord interned in Canada to jot down a old classic—The monetary classes of the Nineteen-Thirties. He seized the potential of an unforeseen task supply to trigger together with his younger kinfolk for Sydney the place he fast verified himself as a number one authority at the Australian banking method, launched into his fifty yr occupation as a proficient collage instructor and loved the 1st of many lively forays as a public highbrow. however it used to be on the ANU that Heinz took the daring step which led him to turn into the Grand previous guy of Asian Economics. In 1966, simply after the Sukarno coup and the 12 months of residing dangerously, he decided the time had come to review the Indonesian financial system. It took all his appeal, endurance and bold mind to cajole the Indonesians to open their doorways to him. the end result used to be a worldleading centre of Indonesian economics which enormously contributed to the improvement of recent Indonesia.
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Additional info for Arndt's Story: The Life of an Australian Economist
If Spain made him a fellow-traveller, Munich made him a committed, if non-party, communist. Mannheim’s relativist sociology had already undermined Heinz’s belief in absolute moral standards and his opposition to revolutionary violence. Heinz now saw these former principles of his as the ideological weapons of the ruling class. There was also a personal influence: his American friend Leslie Epstein (later Falk). Epstein was Jewish, a Rhodes Scholar studying microbiology and‘one of the gentlest and most charming persons I have ever met’.
ARNDT IN THE INTERNMENT CAMP The letters were written daily, then weekly, and all of the regulation-length 24 lines. They did not tell the full story. Arndt chose his words with care to make sure they passed the British censors. He also tried hard, sometimes too hard, to be cheerful. But he gave a characteristically clear record of the main events and of his gradual change of mood from confidence in his early release to despair that he might remain imprisoned for years.
His conclusion demanded that the intellectual commit himself actively and with every instrument at his command to furthering what he believed to be true and right. ’ He submitted his apologia—part manifesto, part cri de coeur—to the New York journal Science and Society: A Marxian Quarterly. It was accepted for publication; by the time it appeared, however, Heinz was interned in a camp for enemy aliens on the other side of the Atlantic— ‘rotting by the wayside’. In May 1940, his nationality was still German and therefore he was an enemy alien.
Arndt's Story: The Life of an Australian Economist by Peter Coleman