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Hermann Paasche

(1851-1925)
German politician
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Hermann Paasche (February 24, 1851, Burg bei Magdeburg – April 11, 1925, Detroit) was a German statistician and economist. He is known for his Paasche Index, which provides a calculation of the Price Index. Paasche studied economics, agriculture, statistics and philosophy at University of Halle. In 1879, he became a professor of political science at Aachen University of Technology. Paasche died in 1925 in Detroit, Michigan, United States.

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Born
24 February 1851
Burg bei Magdeburg, Germany
Died
11 April 1925 (aged 74)
Detroit, Michigan, United States
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