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Born on the 13th July, 1845, at Buda Pesth, Hertzka studied law, but afterwards turned to journalism, in which he gained the reputation of the most brilliant journalist in Vienna. In the seventies he was editor of the Neue Freie Presse, and in 1880 he founded the Vienna Allgemeine Zeitung; but since 1889 he has been editor of the Zeitschrift für Staatsund Volkwirthschaft.
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