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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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Friday, Oct. 31


Put your grammar and logical thinking to the test in a fun and friendly environment during the British Book Center’s Board Game Evening starting at 5 p.m. today. The event is free and all are welcome to attend.



Saturday, Nov. 1


The men and women who dedicate their lives to fitness get their chance to compete for the title of best body in Russia at today’s Grand Prix Fitness House PRO, the nation’s premier bodybuilding competition. Not only will men and women be competing for thousands of dollars in prizes and a trip to represent their nation at Mr. Olympia but sporting goods and nutritional supplements will also be available for sale. Learn more about the culture of the Indian subcontinent during Diwali, the annual festival of lights that will be celebrated in St. Petersburg this weekend at the Culture Palace on Tambovskaya Ul. For 100 rubles ($2.40), festival-goers listen to Indian music, try on traditional Indian outfits and sample dishes highlighting the culinary diversity of the billion-plus people in the South Asian superpower.



Sunday, Nov. 2


Check out the latest video and interactive games at the Gaming Festival at the Mayakovsky Library ending today. Meet with the developers of the popular and learn more about their work, or learn how to play one of their creations with the opportunity to ask the creators themselves about the exact rules.



Monday, Nov. 3


Non-athletes can get feed their need for competition without breaking a sweat at the Rock-Paper-Scissors tournament this evening at the Cube Bar at Lomonosova 1. Referees will judge the validity of each matchup award points to winners while the city’s elite fight for the chance to be called the best of the best. Those hoping to play must arrange a team beforehand and pay 200 rubles ($4.80) to enter.



Tuesday, Nov. 4


Attend the premiere of Canadian director Xavier Dolan’s latest film “Mommy” at the Avrora theater this evening. The fifth picture from the 25-year-old, it is the story of an unruly teenager but the most alluring (or unappealing) aspect is the way the film was shot: in a 1:1 format that is more reminiscent of Instagram videos than cinematic art. Tickets cost 400 rubles ($9.60) and snacks and drinks will be available.



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