Hermann Paasche Scientist

Hermann Paasche (German pronunciation: [ˈpaːʃɛ]; 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.

Personal facts

Birth date	February 24, 1851
Birth place	Germany , Burg bei Magdeburg
Nationality	Germany
Date of death	April 11, 1925
Place of death	Detroit , Michigan , United States
Residence	Germany
Education	Martin Luther University of Halle-Wittenberg
Known for	Price index