In memory of the achievements of Austrian Professor of Economics, Kurt Rothschild, the Karl-Renner-Institut and the Austrian Social Democratic Parliamentary Club established the Kurt Rothschild Award for Economic Journalism and Research.
Through his work, Kurt Rothschild left a sustained impact on science, politics and society in Austria and beyond. As a socialist of Jewish origin, Kurt Rothschild had to flee Austria after its annexation into Hitler’s Nazi Germany. It was particularly this time in exile that contributed to his approach to economic research.
The prize recognizes contributions to the economic and social sciences, which propose new approaches to the major challenges of our time, beyond standard and mainstream economic theory and in the spirit of Kurt Rothschild.