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Forget Vodka and Chemistry, Thank Mendeleev for Economics

Published: January 17, 2014 (Issue # 1793)



  • A portrait of Dmitry Mendeleev, the renowned Russian scientist now being recognized for this economic views.
    Photo: Wikimedia Commons

  • The Dmitry Mendeleev statue in St. Petersburg.
    Photo: Wikimedia Commons

Dmitry Mendeleev is renowned worldwide for his fundamental work, the periodic law of chemical elements.

Among Russians, Mendeleev is also known as the inventor of the ideal formula for vodka, 40 percent alcohol by volume.

But perhaps only today, 180 years after his birth, the full impact of his genius finally being felt, economists said.

Mendeleev, born in a Siberian village on Feb. 8, 1834, was more than a leading figure in science. A far-sighted economist with progressive views of Russia's industrial development, he set Russia's customs tariffs, proposed the idea of oil pipelines, and jarred 19th-century thinking by suggesting foreign investment could boost the economy.

"Of the three major schools of thought in Russian economics, the most meaningful today is based on the ideas of Dmitry Ivanovich Mendeleev," said Mikhail Antonov, an economist at the Moscow-based Institute of Russian Civilization. This school of thought is known as physical economics.

The progress of Mendeleev's ideas was difficult, including his periodic table, which received scant attention for 17 years and was scandalously passed over for a Nobel Prize in Chemistry. He met fierce attacks from his opponents with antipathy, partly linked to his irascible temper. He stared down a barrage of accusations of economic and financial incompetence.

Mendeleev himself acknowledged that people tended to only appreciate him only for his scientific achievements.

"Do you think I'm a chemist? I actually am a political economist," he once said.

Indeed, about 100 of his numerous scientific works were devoted to economics.

From 1880, at the age of 46, Mendeleev began to examine the issues facing industries in Russia's regions. He was an active member of the Free Economic Society, Russia's first social organization, and traveled throughout Russia and on to Western Europe and the U.S., visiting factories and industrial exhibits. Collecting data, he created a development program for Russia based on industry instead of agriculture, which was dominant at the time. Evil tongues gossiped that Mendeleev was taking bribes from industrialists and entrepreneurs to promote industrialization in Russia.

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ALL ABOUT TOWN

Wednesday, Sept. 3


Although the Peter and Paul Fortress sand sculptures are more central and therefore more visible to the throngs of tourists, the 300th Anniversary Park of St. Petersburgs own collection closes today. The World Collection of Sand Sculptures that have been on display at the park reaches its final day, so fans of the classic beach activity should get there while they can.



Thursday, Sept. 4


Vladimir I. Danchenkov, Head of Baltic Customs, will be in attendance during AmChams Customs and Transportation Committee Meeting convening this afternoon at the organizations office near St. Isaacs Square at 3 p.m.



Friday, Sept. 5


Scrabble lovers and chess masters get their chance to assert their intellectual dominance at the return of the British Book Centers Board Game Evenings tonight. Held weekly on Friday nights, the event gives both board game lovers and those hoping to improve their English the chance to meet, greet and compete. Check out the centers VK page for more details.



Saturday, Sept. 6


Athletes will relish the chance to get the latest gear and try out something new at I Choose Sport, an annual event at Lenexpo forum that plans to welcome more than 30,000 people this week to the international exhibition center. Not only will visitors get to try their hand at various athletic endeavors but they will also be able to peruse equipment that can fulfill their dreams of becoming a champion.


Local KHL team SKA St. Petersburg open their season this evening at home against Lokomotiv Yarovslavl at the Ice Palace arena next to the Prospekt Bolshevikov metro station. See their website for a full schedule and available tickets.



Sunday, Sept. 7


Check out retro and antique cars at Fort Konstantin on Kronstadt Island in the Gulf of Finland at FORTuna, a yearly car festival that highlights the eccentricities of the Soviet automobile industry. A car race, contests and a stunt show will give visitors a chance to rev their engines.



Monday, Sept. 8


This evening marks the opening of the two-week ballet festival High Season at the Mikhailovsky Theater. Check the theaters website for more details about performances and featured dancers.



Tuesday, Sept. 9


Discuss the latest news and issues at the AmCham Hazardous Waste Management Roundtable this morning in the Tango Conference Hall of the Sokos Hotel Palace Bridge on Birzhevoy Pereulok. Starting at 9 a.m., planned topics include the Krasny Bor landfill and waste transportation between Russia and Finland.


Learn more about the citys modern architectural trends at the SPIBA Real Estate and Construction Committees meeting on the topic Contemporary Petersburg Style: What is It? Participants will get the chance to discuss whats in-demand with RBI Holdings Irina Petrova and Lubava Pryanikova, and the current state of the local real estate market. Please confirm your attendance by Sept. 5 through SPIBAs website if you wish to attend.



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