Mihailo V. Vujić
Born	(1853-10-26)26 October 1853 Belgrade,Principality of Serbia
Died	1 March 1913(1913-03-01) (aged 59) Sušak,Austria-Hungary
Occupation(s)	politician, ambassador, professor of economics, philosopher, historian and academic

Mihailo V. Vujić (Serbian Cyrillic:Михаило В. Вујић; 26 October 1853 — 1 March 1913) was a Serbian politician, ambassador, professor ofeconomics,philosopher,historian and academic.He was one of the most notable Serbian economists during the latter half of the nineteenth century.^[1][2]

He completed agymnasium and received his post-graduate degree in economics at Belgrade'sGrandes écoles. Vujić continued his post-graduate studies in finance, economics and philosophy at theUniversity of Leipzig, where he received a Ph.D. in 1879. Shortly after returning from his studies to Serbia, he joined the moderate wing of thePeople's Radical Party.

From 1879 to 1887 Vujić taught economics at hisalma mater, alongside two other well-known professors,Konstantin Cukić andČedomilj Mijatović.

He first becameMinister of Finance in the liberal-radical government ofJovan Ristić in mid-1887, and at the end of the same year, he transferred to the radical government ofSava Grujić. He was then Minister of Finance in a total of five governments. As Minister of Finance, Vujić eliminated the monopoly of tobacco and salt and put a stop to the exploitation of the Serbian railway system, which until then had been in the hands of foreign companies. He sorted out the finances of the state, bringing the budget from large deficits to balancing the books by 1891. He tried to convert all of Serbia's foreign loans to reduce the burden of repayment.

After KingAlexander Obrenović's controversial marriage toDraga Mašin, Vujić became an ambassador inParis. Already in February 1901, Vujić was Foreign Minister in the government ofAleksa Jovanović, and shortly thereafter (March 20, 1901) he formed his own government and the portfolio of the Foreign Minister. This government was a coalition of forward-radicals and other parties. The reconciliation of Vujić and other moderate radicals caused a split in the Radical Party, from which the younger and more combative elements stood out and formed a new party of Independent Radicals. Vujić's government fell on 7 November 1902.

In the following years, Vujić was Serbia's ambassador inVienna in 1903,Berlin in 1906 andRome in 1909.

Vujić was elected a full member of theSerbian Royal Academy in 1901.^[3]

Mihailo V. Vujić is best known for his first scientific treatise ofBenedetto Cotrugli's "About Commerce and the Perfect Merchant", a lively account of the life of a Ragusian merchant in the Early Renaissance. Cotrugli gave an early description of thedouble-entry bookkeeping system. Vujić's translation is a scholarly analysis of Kotruljević's work that places the four books into its proper historical context, making it an important contribution to our understanding of the origins of management and trade practices in the eastern shores of theAdriatic Sea during 15th centuryRagusa.

In philosophy, he belonged to theKantian direction.^[4]

Vujić also wrote and published:

• Načela narodne ekonomije: Osnovna pethodna pitanja^[5]
• Istorijski razvitak nauke o narodnoj privredi, Book I (1895)^[6]
• Ekonomo-politički pogledi DubrovčaninaNikole Vida Gucetica iz druge polovine 16-tog. veka (1900)^[7]
• Naša ekonomna politika^[8]

• Đorđe Simić

• Finance ministers of Serbia
• Government ministers of Serbia
• 19th-century Serbian people
• 1853 births
• 1913 deaths
• Foreign ministers of Serbia
• Education ministers of Serbia
• Prime ministers of Serbia
• Politicians from Belgrade

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