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Introvert Was Student of Schumpeter and Hayek



(p. A9) As a boy, David Rockefeller idolized his big brother Nelson, a self-assured bon vivant who didn't let the family name stand in the way of a good time--and sometimes furtively shot rubber bands at his siblings during the morning prayer periods imposed by their austere father.

David, by contrast, was shy, insecure and often lonely, retreating into his hobby of collecting beetles and reliant on tutors for companionship.


. . .


A family friend advised him that studying economics would dispel the idea that any job he obtained was due to his family's influence. He took graduate courses at Harvard, including an introduction to economics from Joseph Schumpeter.

He furthered his studies at the London School of Economics, where his tutor was Friedrich von Hayek, a future Nobel laureate. He won a doctorate in economics from the University of Chicago in 1940 after writing a dissertation on overcapacity in industrial plants.



For the full obituary, see:

James R. Hagerty. "Former Chase Leader Overcame Shyness as Child." The Wall Street Journal (Sat., MARCH 25, 2017): A9.

(Note: ellipsis added.)

(Note: the online version of the obituary has the date MARCH 24, 2017, and has the title "David Rockefeller Overcame Youthful Shyness and Insecurities.")






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