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Cournot's Researches into the Mathematical Principles of the Theory of Wealth ( 1838) was ignored by the economics profession for forty years before its rediscovery by Stanley W. Jevons and Leon Walras. In those years, the only published recognition of it was a ten-page review in 1857 b y...
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The American economist Irving Fisher (1867-1947) combined his work as a scientific economist, addressed to his fellow economists, with sustained and vigorous participation in public discourse, trying to change public policy and to reform attitudes and behavior by teaching policymakers and the...
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This paper examines the relationship of the monetary economics of James Tobin to modern monetary theory, which has diverged in many ways from the directions taken by Tobin and his associates (for example, moving away from multi-asset models of financial market equilibrium and from monetary...
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Best known as a Keynesian macroeconomist and monetary theorist, James Tobin was also actively engaged in empirical economics from his doctoral dissertation onward. His innovative combination of time-series data with household budget surveys in his 1947 dissertation and 1950 food demand study,...
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The independent contributions of Robert Solow and the Australian economist Trevor Swan in developing the neoclassical growth model are sometimes recognized by reference to the “Solow-Swan” model, but often reference is made only to the “Solow” model. Both Solow (1956) and Swan (1956)...
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