ForeverMissed
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Born in 1950 in Kazan, the capital of Tatarstan, Soviet Union, Yuri spent his life devoted to individuals' freedom until he passed away in Chicago on January 25, 2023. 

Yuri had a vibrant youth. As a child, he attended music school, specializing in piano. Although he ultimately decided not to pursue piano, his love of music, specifically the classical works of Tchaikovsky, Bach, and Chopin, stayed with him his entire life.

Yuri began his studies at Kazan State University before transferring to Moscow State University, where he completed his B.A., M.A., and Ph.D. in Labor Economics. Later, after holding several prominent positions in research, educational and financial institutions, he joined Gorbachev's economic advisory board, focusing on designing and implementing the perestroika reforms. During his tenure at the USSR's International Labor Organization, he traveled and worked throughout Europe, a cosmopolitan theme he would carry on throughout his life.

Always critical of the Soviet system, Yuri was drawn to Western writings by Ludvig Von Mises and Friedrich Hayek. 
Graham Greene, Robert Service, Thomas Wolf, and William Faulkner were his favorite authors for their deep understanding of drama and the complexity of life.  Later, in the United States, his favorites grew to include the farce of Leslie Nielsen movies.

In 1989, while on a Soviet official business trip to Finland, Yuri made an impromptu dash for the United States, ultimately successfully defecting from the USSR. After various intelligence debriefings in Germany, he made his way first to New York City and then to Washington, D.C., where he became a fellow of the Institute of Peace. While in DC, he testified before Congress and appeared on multiple news outlets, including Fox News, CNN, and C-SPAN, discussing the inanities of the USSR and communism. In one of his proudest and happiest moments, Yuri became a United States citizen in 1995. 

Driven by his passions for speaking and teaching, Yuri moved to Kenosha, Wisconsin, in 1991 to begin as a Professor of Economics at Carthage College, where he remained until his passing. In his three-decade tenure at Carthage, Yuri became well known for his lectures, commitment to his students, and student trips to exciting and often out-of-the-way places. These trips included meeting with local communities, educational organizations, and government officials. Yuri said his student tours to Cuba "were the best way to inoculate young minds against the evils of communism." Yearly family trips were just as action-packed. 

Yuri believed to his core that individual liberty and property rights were the natural foundations of human existence. He wrote two books, co-authored nine books, and wrote over three hundred articles exposing the horrors of totalitarianism. Yuri befriended the giants of libertarian thought, Murray Rothbard and Hans-Hermann Hoppe, from the Austrian School of Economics and was humbled to become a Senior Fellow at the Mises Institute.

Yuri's knowledge of economic thought, world history, and human nature was exceptional. He gave hundreds of speeches at universities and colleges in the US and abroad. Additionally, he spoke at numerous worldwide military installations to senior officials in intelligence agencies and the Department of Defense. His humor and personal stories touched the lives of many worldwide with the ideals of freedom and his critique of authoritarianism.


Yuri will be remembered for his vividly amusing and wise stories about his life and the historical events he witnessed. He was loved by all and will be missed dearly as a husband, father, brother, son, friend, and professor.

Yuri is survived by his wife Rita, whom he met in Lithuania in 2002, and their two children, Laura and Stanley. He is also survived by his older daughters, Alexandra and Hannah, his sister Natalia, and his mother, Olga.


January 28, 2023
January 28, 2023
With great grief I write this tribute to a great man and Defender of liberty. I met Yuri around 25 years ago and frankly, we mostly had a great time making fun of socialism and laughing about how crazy big government is. In approximately 2015 I attended his seminar at Carthage College with Herman Machado (hope this is correct spelling) of South Africa, a black man who went from aparteid to millionaire businessman. Yuri graciously allowed me to set up a table and distribute free books to attendees and I had a great time that day talking to all sorts of interesting people. More recently I got to know him better and we made several trips as I drove him around SE Wisconsin and into Illionis simply enjoying the countryside and talking about politics. We were working on a co-authored article when news of his passing reached me. His sense of humor was awesome. His best line was: "Russia. It's a great place to be from."
January 28, 2023
January 28, 2023
My condolences go out to Yuri's family and friends.
I remember Yuri as a freedom thinker, economics enthusiast, great professor and my mentor during my time at Carthage.
As a foreign exchange student in 2000 he took me under his wing and showed me the fascination in economics (as I hadn't decided on a major yet).
Speeches, awards, field trips (Chicago board of trade was hilarious), a Cuba trip and his extremely smart and huge network were impressive and formed me as a young student.
Thank you for making such an impact on my life and the life of many other students.
With deepest sympathy from Germany!
January 28, 2023
January 28, 2023
As a long time student of the Austrian school of economics I was treated to learning of Yuri many years ago. He wass such a funny and lovable human being. I am saddened and will miss him enormously. Godspeed Yuri.
January 28, 2023
January 28, 2023
It is with a heavy heart that I received the news of Yuri's passing. He was one of the most memorable men that I've met; he was kind, captivating, and deeply interesting to my young mind. I greatly respected him and remember fondly our trip to Turkey and Greece and his lectures in class. How he was able to relate nearly any situation to economics (the supply/demand graph of romantic exploits was of particular enjoyment and drew plenty of laughs) was fascinating.

He was a passionate crusader for his beliefs, in particular economic freedom. This was something I have always admired greatly. He helped to shape my own economic views and delve further into economics - something I never imagined I would find myself enjoying so much.

Thank you for everything, Yuri. Your influence has touched many and has left a wonderfully positive mark on this world. You will be missed.
Allen Gindler
January 28, 2023
January 28, 2023
by Allen G
I was shocked and saddened to read the news of Yuri’s death on the Facebook. I met Yuri Maltsev in New York at the Austrian Economists conference several years ago and we became friends. I consider Yuri to be my intellectual mentor. He inspired me to resume my scientific work and often gave me advice on my papers. Yuri was a great intellectual and excellent storyteller. He will be greatly missed and will remain forever in our hearts.
January 27, 2023
January 27, 2023
I’m so very saddened to hear this news. I had the privilege of attending a brief study abroad trip to Cuba with Yuri and other faculty in 2004. He was so passionate, informative, funny and caring. I learned so much from him. He had such an air of strength, resilience, dignity and kindness. I regret that I didn’t keep in touch with him, but I’ll never forget the inspirational impact he had on me. May his memory live on forever.
January 27, 2023
January 27, 2023
My thoughts go out to Dr.Maltsev's family. He was a true inspiration. A man who exuded bravery, intellect, and thoughtfulness. A man who never shied away from speaking the truth even when his respected colleagues disagreed, or when it put him in danger. What a wonderful life, the world is truly less bright without him.

He will live forever in the hearts of so many.
January 27, 2023
January 27, 2023
My condolences to Yuri’s family, close friends and his students. Yuri was generous, insightful and an amazing story teller. Our paths did not cross nearly enough, but I remember every occasion with great fondness. He did an amazing kindness by writing the foreword to my first book when he had recently defected from the USSR and I was an unknown economist who had just received my PhD. His endorsement of my book meant the world to me then and still does to this day. I hope I had conveyed my gratitude to him. Yuri Maltsev will be greatly missed by all those whose life he touched. May his memory be a blessing to all.
January 27, 2023
January 27, 2023
I never got a chance to meet Yuri, but he is one of the best men of our time. A Cincinnatis who told the truth at great person expense.
He was also so much fun to listen to.
January 27, 2023
January 27, 2023
I first met Yuri when he spoke at a college of business event at the University of Tennessee-Chattanooga. The UTC economics faculty at that time had three hard-core marxists and they were none-too-pleased to have a speaker who might tell the truth about communism. When Yuri began to speak, one of them turned his chair around so that Yuri only could see his back.

I spoke to Yuri many times at Mises Institute events and our yearly conference in March will have a great void with his absence. We will miss you and always will be in your debt for the many contributions you have made to economics and the Austrian School.
January 27, 2023
January 27, 2023
Yuri was a dear friend and intellectual mentor of mine. I had the distinct pleasure of traveling with him on three of his J-Term, Carthage College, "Comparative Economic Studies" trips as an adult chaperone. We traveled to Cuba, then Singapore, and then eight Eastern European countries in ten days. These three trips were unbelievably enlightening and fun. Yuri was incredible at assuring we met with high ranking state dignitaries to discuss economics in each trip.

You can just imagine the impression he had on all his students showing them the difference between the fortunes and freedom of the comparatively diverse small island nations of Cuba and Singapore as they each achieved independence in the same relative time period.

I can easily state that Yuri was the most interesting person I had ever met and he will be forever remembered for his wit and wisdom.

God Bless you and your entire family Yuri.
January 27, 2023
January 27, 2023
My comments are here https://www.stephankinsella.com/2023/01/yuri-maltsev-r-i-p/

As reported at Mises.org, Yuri Maltsev, the great anti-commie Soviet defector, libertarian and Austrian scholar, editor of Requiem for Marx, has passed away. David Gordon has some nice words about Yuri there. ...

I was friends with Yuri for years, since the mid 1990s from Mises Institute events. He also attended the first Property and Freedom Society Annual Meeting in 2006 and others as well, such as:

Alexander Solshenitzin on Politics and Economics (PFS 2008) https://propertyandfreedom.org/paf-podcast/pfp002-yuri-maltsev-alexander-solshenitzin-on-politics-and-economics-pfs-2008/
Of Customs and Condoms. Moving from One Empire to Another (PFS 2011)
https://propertyandfreedom.org/paf-podcast/pfp087-maltsev-of-customs-and-condoms-moving-from-one-empire-to-another-pfs-2011/

At the inaugural PFS meeting in 2006, I brought my sister, Crystal, and she delighted in meeting Yuri. I told my wife and son stories about Yuri and they laughed and laughed. He was really a joyous and life-loving man. Yuri regaled me with so many tales over the years. He became a legend in my family just from my stories about him. I recall my son clapping in glee at my re-telling of some stories from Yuri. He would have me repeat my imitations and mimicry of Yuri and his tales.

Yuri, Andy Duncan, and I were invited to speak at Mises Brasil in São Paolo in 2017, and we three had a great time together.1 I recall we spent one late night in my hotel room eating sardines of some kind from Yuri’s stash, with our fingers, since we had no utensils. Late at night, as we delved into “deep” matters like grad students in a dorm room, he told me one of his biggest philosophical influences was an obscure and eccentric Russian philosopher, Pyotr Chaadayev, in particular his Philosophical Letters & Apology of a Madman, which I did obtain, but have not yet found the stamina to dive into. Maybe it’s time I take the leap. At the same conference, Andy and I tried to talk Yuri into eating a bit healthier to lose weight, to as to live longer. Not that we were any models of physical fitness. But we wanted Yuri to slim down and get healthier, and to live longer. He listened to Andy’s hortations with patience and promised to look into it. But, … it was not to be.

He told us funny stories about how he would fly weekly from Wisconsin to DC on a Sunday or Monday to teach his weekly class at the US Naval Academy in Maryland, and he would often fly with then-Congressman Paul Ryan, whom he ended up getting to do an occasional lecture for some of his classes. He was always joyous and, like Ayn Rand, hated communism and what it had done to his country, Russia; he loved America, a bit too much, perhaps, but it’s understandable.

Andy, Yuri and I stayed an extra day after the conference to hang out, so on Sunday, when the main streets were closed to cars and a sort of carnival happens, we walked over to a modern arts museum. We were trying to find the elevator since there were several flights of stairs. I was about to give up and suggest we just climb the stairs, and Yuri, who was a bit heavy, says:

"Stephan, in Africa, do you know how a lion kills an elephant? The elephant is too powerful for the lion to attack directly. So the lion chases the elephant up the hill. Eventually the elephant dies of a heart attack because he is carrying so much weight up hill. I do not want to be the elephant. We will find the elevator."

In the last several months Yuri and I had private conversations where he expressed dismay at some libertarians who were downplaying, or even trying to justify, the evil of Russia’s invasion of Ukraine.

Yuri was a great defender of Austrian economics and political freedom. He had a great love of life, and of his family. He was wonderful. I will miss him.
Joseph Bast
January 27, 2023
January 27, 2023
My friend Yuri Maltsev, a great champion of freedom, has passed away. He was a wonderfully unforgettable man. His natural charisma and charm, quick wit, and heavy Russian accent made him the center of attraction in nearly every room he entered, and he deserved it.
Yuri was a Policy Advisor for The Heartland Institute for many years. He would often bring students and family members to Heartland anniversary benefit dinners in Chicago, filling a table or even two tables. He spoke at many Heartland events, provided comments for many press releases on the issues of the day, and was a constant source of advice and support.
He often referred to himself as “the last defector” from the Soviet Union, since the USSR fell shortly after he defected. He told wonderful stories of what life was like before and after the communist dictatorship, often laced with humor but not hiding the very real threats to life and liberty he encountered and overcame.
Yuri was an outspoken conservative and advocate of free enterprise, something vanishingly rare in academia today. He was a mentor and an inspiration for many of us in the “freedom movement.” He will be sorely missed.
January 26, 2023
January 26, 2023
I'm so sorry to hear this. He was such a charming and intelligent man. He will be missed.
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Recent Tributes
January 26
January 26
Dear Friends,

Thank you for coming to our gathering in loving memory of Yuri on Saturday, January 20, 2024, and thinking about him and us if you couldn't make it.

Today, January 25, is a special day for recognizing the loss we had: Yuri's sense of humor and laughter, travels and stories, his passion to teach and share knowledge, his voice and presence in our everyday life.

I am including one of Yuri's interviews about the subject he kept everyone aware of the most: https://mises.org/library/dr-yuri-maltsev-socialisms-resurgence

Please light a candle in Yuri's memory.

With love,
Rita
my email: ritabnicholson@gmail.com
January 17
January 17
Though our time together was short, it was filled with the richness of Yuri's amazing life. We shared a passion for individual freedom... I especially loved his story about being hired as a professor of Austrian Economics. His conversations and jokes brought joy to our conversations. I regret not having more time to know him better. Rest easy, Yuri.
His Life

Yuri's Biography in His Own Words

January 28, 2023
I found several chapters of a memoir that Yuri started to write a while ago. Here is an excerpt from Chapter 1.

I was born on the last hour of December 31, 1950, in Hospital number 3 in Kazan, the capital of the Tatar Soviet Socialist Autonomous Republic. Kazan was one of the biggest cities in the USSR in the 1950s, with over a million people of over fifty nationalities on the banks of the Volga River. My grandmother Marina was a medical doctor and a Division director at the Infectious Diseases Hospital. My mother, Olga, was a professor of microbiology, and my father, Nikolai, was a professor of biophysics at Kazan State University. Both were medical doctors who practiced medicine for a while but withdrew into research and teaching as Soviet socialized medicine, especially in the rural heartland, was a constant struggle for supplies and survival.

My birth started a life of surviving the improbable. My first problem, which I was unaware of until much later, was created immediately upon my delivery: I was registered as born in 1950, so I had already halved my chances of getting into the university and doubled my chances of ending up In the Soviet Army instead.

During my first years, I was in the bliss of ignorance about life's possible unpleasant surprises. I spent happy days in a cozy cocoon of love and comfort from my babushkas, parents, and nannies.

Our family lived in a spacious seven-room apartment in downtown Kazan on the second floor of a solid brick building built by a wealthy Tatar merchant for his family just before the Revolution. This merchant was lucky enough to escape the Red Terror with his big family and ended up in Turkey. His building was confiscated and turned into 38 mostly communal rooms with shared kitchens and tiny apartments populated by people of various ways and means.
Our family occupied the best apartment on the second floor, with a view of the Bulak River and the enormous Stalinist building of the Kazan Pedagogical Institute across the river. We were on the top of the building's hierarchy, inhabiting the most space, and belonging to, if not privileged, but respected medical class. Babushka Marina was also a recognized matriarch of the family who cared for all of us.

My parents worked, and so did my babushkas. The family could afford to hire me a nanny instead of sending me to the State-run day nursery. Most of these were known for neglect and disease. I was too young to remember all my nannies, but two really impressed my childhood - Paulina and Sophia Alexandrovna.

Paulina came from a peasant family who, like most peasant families in the USSR, lived in what we in America would consider dire penury. As they did not know better, they were pretty content with living in a picturesque rural setting in a shack together with animals, which were taken in the house during cold winters. They also had a small plot of land, which provided the family with basic staples like potatoes, cabbage, and beets. My beloved nanny Paulina represented the best of Russian peasantry - she treated my caprice with eternal endurance, always with a smile, always listening more than talking, suggesting rather than commandeering.
Her project was a success; after working for my family for about a year, she met a young man discharged from the army and married him both for love and a residence permit. She quit the dubious pleasure of being my nanny when I was five and joined the proletarian masses by getting hired by some factory. Paulina developed a real bondage with my family and me. She would often stop by our apartment for a cup of tea or a meal with my babushkas, ask me about my explorations and achievements, and talk about her family and factory life.

At this time, I already had another nanny - Sophia Alexandrovna, who my desperate family hired to take care of me, desperate in the sense that they could not handle me by themselves and could not find anybody else but Sophia Alexandrovna.
Sophia Alexandrovna, in another life, Princess Sophia Dzhavadova was in her sixties, a worn-out splinter of an illustrious empire. Married at 18 for just half a year to a brilliant Georgian Prince Mikhail Dovgadze, who Bolsheviks shot in 1918, she went through all "circles of hell."
Her real life ended at 25 after her voluntary return from emigration to France as she felt lonely and out of touch with French society; it was a grave mistake. Upon return, her life turned into a grim sequence of rape, humiliation, torture, and harassment. Like Solzhenitsyn, she went through numerous Gulags and exiles. She taught French in a small village school after "rehabilitation" during the Khrushchev's "thaw." Then she led the miserable life of a Soviet pensioner living in a small cubicle in a shared apartment with people who hated her with all the fervor of the truly proletarian class hatred.

She was a great nanny - telling stories about life as she knew it so long ago that she was unsure whether it was reality or a dream. She was the first to talk to me about God, patiently answering all my irreverent questions. She told me about her life in Paris in the 1920s but never about her hardships and humiliation.

One thing which impressed me greatly at that time was her telling me that she was so afraid of death and loved living, seeing the sunshine in the morning and feeling the freshness of the air in March. She looked strange in her self-sewn clothes, covered with self-made beets-based make-up produced during long lonesome evenings; no TVs and tickets to philharmonic or movie theaters were out of reach for her meager pension.When people laughed at her for the peculiar pretentious of her style, they didn't realize that she had a lot of taste that she could never accommodate on her meager income, coupled with drab and gray choices and pervasive shortages of almost everything in Soviet stores.

Sophia Alexandrovna was the first genuinely religious person that I met. She regularly attended the church and had a little altar with icons and a small burning icon lamp. Even then, under Khrushchev's "thawing" reforms, being religious and attending the church was a mortal sin from the government's point of view. Even my loving and caring babushkas were cautious about having her in our house and talking to me about Sophia Alexandrovna; they remembered only too well what could happen to people harboring class enemies.

The family

January 28, 2023
Yuri, or Yura as we call him in Russian, was born to a medical family. Our maternal grandmother was an infectious disease doctor, and our parents held M.D. and Ph.D. in medical sciences. Yuri's grandfather on the maternal side was a Professor of Botany. 
Our grandfather on our father's side was a charismatic, Europe-educated architect from a prominent family. In the 1930s, he worked on reconstructing a former Tsar's villa in Sochi for the needs of Stalin, who wanted to use it as his winter residence. As soon as the reconstruction was completed, my grandfather and the whole crew were arrested as "enemies of the people" without any explanation or a trial. Apparently, Stalin's paranoia didn't want to keep alive people who knew the building and adjacent gardens well. Only in 1957 our grandmother discovered that he was shot three days after the arrest. 
Our well-educated grandmother, who spoke several languages and strived to be a concert pianist, could not find a job because she was the "wife of the enemy of the people." Unfortunately, history repeats itself in Russia, and the best of the nation is getting to Gulags again.

Recent stories
January 29, 2023
I started my career at Carthage College in 2006 as a theatre professor after a career as a scene designer and professional actor.  In fact, it was arranged that I appear as the Doctor in our production of "Uncle Vanya" that year.  After seeing the show, Yuri wrote to the whole faculty (back in those days you could just send a blanket email)--singing the praises of our production and saying it was better than when he saw it at the Moscow Art Theatre!  Well needless to say I was humbled and flattered.  Several years later I asked Yuri to come and speak to the cast of "Stars in the Morning Sky," a play set in 1984 Moscow.  Who better to inform the students what it was really like back then?  He introduced himself as a "big economist"--in every sense of the word!  Then he proceeded to tell us the heartbreaking conditions he had escaped from, opening up to the young actors in a way which I am sure was difficult and painful--how generous of him.  Later he had his wife came to see the play--they gave us a standing ovation, I will never forget it.  Thank you Yuri and on your next journey may you have fair winds and following seas.

such sad news

January 28, 2023
I first met Yuri through the Wisconsin Forum which he addressed many times. Afterward, if there was a gathering of more than three people,Yuri was the center of all discussions. A natural story teller, respected scholar and teacher, He leaves a legacy of standing up for freedom and will be missed by many

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