Polanyi was born in Vienna in October 21,1886. His father was a Hungarian engineer and entrepreneur. Polanyi studied at the University of Budapest and Kolozsvar earning a doctorate in law. From 1915-1917, he served as an officer in the Austro-Hungarian army in WW1. In 1924-1933, Polanyi worked for a weekly called Der Oesterreichische Volkswirt and specialized in international affairs. He and his wife moved to America and was the resident scholar at Bennington College. It was during this time that he wrote his book The Great Transformation (1944). Later he taught a corse called "Origins of Economic Institution" at Columbia University. Polanyi and his wife are both buried in a Budapest cemetery.
Polanyi.concordia.ca/Polanyi/
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