INDEX
Acceleration principle, 84, 176-177, 246, 255, 260-266, 289, 365, 383, 587, 623. See also Multiplier-acceleratormodel
Adler, Mortimer, 24, 73
Aftalion, Albert, 247-248, 256
Alexander, Sidney, 121, 147
Allen, Roy, 89, 121, 123, 182, 203, 206, 210, 285, 292, 309, 332, 475-476
Allport, Gordon, 126
Altman, Oscar, 390-397, 411, 593
An Economic Program for American Democracy 243-244
Anderson, Karl, 228-229
Ando, Albert, 338, 344
Angell, Norman,43-44
Anti-Semitism, 12, 19, 24, 74, 105, 111, 118, 195,296,313,597, 300-307, 618-619
Arensberg, Conrad, 197
Armstrong, Floyd, 318
Arrow, Kenneth, 190-191, 614
Ashbrook, Arthur, 371-373
Babson, Roger, 340-341, 345
Bach, Lee, 552
Bagehot, Walter, 46
Bain, Joe, 147, 303
Baran, Paul, 124
Bardeen, John, 196, 198
Barnard, Professor, 67
Bassie, V.
L., 383Bauer, Otto, 132, 134
Baumol, William, 475-476
Beadle, Walter, 557-567, 569-574, 582, 584, 588, 590, 592, 613
Bean, Louis, 383, 393
Bentham, Jeremy, 189, 191, 285
Bergson, Abram, 121, 131, 137, 138, 143, 147, 186-191, 208, 219, 225-226, 229, 303, 326, 335, 363-364, 396, 402-403, 433, 462-467,470
Bergson, Henri, 186
Bergson, Rita, 131
Berle, Adolf, 108
Bernoulli, Daniel, 332
Beveridge, William, 401, 525-526, 581
Biology, 24, 36-37, 67, 197, 219, 221, 291, 319, 336, 351, 378, 450, 472, 510, 621 economic, 169
Birkhoff, Garrett, 196, 198
Birkhoff, George, 165, 190-191, 195, 288, 292 Bishop, Robert, 131, 147, 437
Bissell, Richard, 422, 527, 611
Black, John, 151, 154, 157-158, 224, 242, 302, 311, 601
Blaisdell, Thomas, 383, 387, 394-395, 399, 402, 410-411,482
Bliss, Gilbert, 67-68, 165
Bliven, Bruce, 440-442, 489-490, 540
Blough, Roy, 609
Blumer, Herbert, 60
Boas, Franz, 29, 59
Bohm-Bawerk, Eugen, 132, 137
Bonar, James,45-46
Boody, Elizabeth, 135
Bortkiewicz, Ladislaus, 351-352
Boulding, Kenneth, 184-185, 475, 552, 579, 612
Bourneuf, Alice, 147
Bowley, Arthur, 151-152, 178-179, 209, 232 Bowman, Isaiah, 443, 447, 552
Bowman Committee, 443—448
Bradley, Philip, 121, 126—127 Brewster, Ellis, 560—561, 565
Bridgman, Percy, 83-84, 124, 138, 162, 165, 171, 199-201, 206, 276, 292, 334, 450, 620
Bright, Arthur, 437
Brinton, Crane, 126, 197
Bronfenbrenner, Martin, 71, 86, 395, 593 Brown, Douglass, 238-239 Bruning, Heinrich, 253
Bryan, Malcolm, 383
Bryce, Robert, 241-243, 252, 266
Buchanan, James, 98
Buchanan, Norman, 41
Buckley, Oliver, 443
Buckley, William F., 596
Bullock, Charles, 107-108, 119, 161 Burbank, Harold, 105-106, 109, 135, 167, 240, 251, 301-308, 310, 312, 438, 452-453, 455, 533, 557-558, 601, 619
Bureau of Labor Statistics, 344, 391, 484 Bureau of the Budget, 383, 393, 489
Burk, Abram.
See Bergson, AbramBurk, Gus, 186
Burns, Arthur, 108, 160, 170, 510, 586, 622 Bush, Vannevar, 318, 432, 440, 443-445, 447, 624
Cairnes, John Elliott, 46
Caldwell, Robert, 567, 570, 572 Capital theory, 137, 183-185, 215-216, 337-338, 378, 600, 625, 629
Capitalism, 81, 85, 139, 240, 257, 355, 375, 447, 469, 527, 559, 564, 568, 586, 591, 502-505, 579-580, 582-583
Carlson, Dr., 57
Carnap, Rudolf, 276, 450
Carnegie, Dale, 329
Carpenter, Donald, 571-573
Carter, Charles, 475
Carver, Harry, 72
Carver, Thomas Nixon, 82, 107, 119
Casals, Pablo, 87
Cassel, Gustav, 34, 66-68, 88, 279, 336 Catchings, Waddill, 247
Chamberlin, Edward, 55, 104-106, 109-116, 118, 121, 137, 164, 238-239, 284, 296, 302, 306-310, 332, 335-336, 453-454, 546, 601, 614
Chase, Stuart, 407-408, 503
Chatelier, Henri Le, 282
Chesterman, Frank, 560-564
Chicago Plan, 81
Chomsky, Noam, 619
Circular flow of income, 53, 88, 243, 577.
See also Wheel of wealth
Clark, John Bates, 50, 64-65, 134, 332
Clark, John Maurice, 50-51, 86, 176-177, 247, 263-264, 268, 335, 344, 362, 373, 454, 511, 513, 525, 527, 529-531
Clemence, Ellie, 534
Clemence, Richard, 534-537, 542, 545, 577
Coase, Ronald, 98
Cobb, Charles, 83
Coffman, President, 245
Coil, John, 439-440
Cole, Fay-Cooper,59
Coleman, George, 498-499
Colm, Gerhard, 383, 393, 508
Colwell, E. C., 604, 606
Commons, John Rogers, 244
Compton, Arthur, 51
Compton, Karl, 51, 296, 307-309, 317-318, 321, 432-433, 440, 444-445, 533, 556, 560, 562-5, 569-572, 594-595, 597, 609, 611, 619
Conant, James Bryant, 106, 300-301, 311, 444-445,570
Conrad, Alfred, 305
Consumer theory, 98, 122-123, 145, 156, 168, 177, 179, 182-183, 196, 201-211, 259, 276, 284-285, 291, 332, 334, 360, 461, 463, 476, 652. See also Indifference curves; Utility; Revealed preference; Propensity to consume
Consumption. See Consumer theory; Propensity to consume; Investment, and saving
Consumption-loan model, 214, 615
Convex sets, 287, 330
Cornfield, Jerome, 602
Cottrell, Leonard, 60
Coughlin, Charles, 19
Coulter, Merle, 36, 38-39, 41
Cournot, Augustin, 113, 137, 332
Cowles Commission, 146, 348, 350, 509, 603, 605, 607, 509-511, 621-622, 628-629
Crawford, Edna, 126-127
Crawford, Marion, 126-131, 136, 146-147, 166, 219-220, 222, 228-231, 243, 245-246, 252, 270, 273, 294, 304, 312-313, 326-327, 351, 457, 511, 602-603, 609-611, 619, 627-628
Crawford, Will, 126
Crum, Leonard, 106, 108-110, 165, 246, 296, 303, 309, 310, 621
Currie, Lauchlin, 81, 236, 253, 382-383, 417-418
Curtis, Charles, 197
Davidson, Norman, 17, 67-68
Davis, Harold, 350-351
Delano, Frederick, 386, 399
Descartes, Rene, 26
Despres, Emile, 253, 260-261, 536-537, 551-552,593
Deutsch, Karl, 433
Dewey, Davis, 562
Dewey, John, 27, 30
Director, Aaron, 31-32, 34, 49, 57, 62-63, 66-68, 70-71, 78, 82-83, 86, 88, 96, 98, 279, 336, 600, 616-617, 624
Doody, Francis, 534-537, 542, 545, 577
Dorfman, Robert, 629
Douglas, Paul, 31-2, 63, 68, 70, 73, 78, 81-86, 121, 332, 531, 571, 573, 608-613, 617, 620, 624
Dresch, Francis, 289
Ducasse, Curt, 450
Dunlop, John, 396, 612
DuPont, Irenee, 557
DuPont, Lammot, 557, 566, 569
DuPont, Pierre, 557
East, Edward,38-39
Eccles, Marriner, 245, 253, 382, 427
Economic Order (Introductory course), 31-35
Economics: An Introductory Analysis, 532-596, 625-628
changes between drafts, 555
controversy over, 557-575
decision to write the book, 533-534
first draft, 537-551
first edition, 576-596
reception of, 592-596
Economics of the Recovery Program, 238-239
Eddington, Arthur, 171
Eddy, George, 383
Edelman, Morris, 597
Edgeworth, Francis Ysidro, 133, 137, 182, 189, 191,285, 332, 599
Edsall, John, 450
Einstein, Albert, 75, 199, 471
Eisenhower, Dwight, 628
Elliott, Charles, 391
Ellis, Howard, 231, 233, 392, 527
Ellsworth, Paul, 260-261
Ely, Richard T., 35, 57, 244
Epstein, Sophus, 202-203
Equilibrium,36-37
chemical, 197
and comparative statics, 286-288, 459-460 competitive, 229, 331, 333, 465, 519, 530, 545.
See also Equilibrium, generalDouglas, Paul, on, 85
and dynamics, 290, 291, 292, 293, 346, 376, 422, 468
of the firm, 212, 546 general, 34, 66, 68, 88, 137, 139, 144, 172, 240, 330, 336, 348, 475, 510, 523-525, 628
Henderson, Lawrence, on, 197-198, 292 in international trade, 227, 180-181, 232-233
Knight, Frank, on, 95, 212
Leontief, Wassily, on, 123 macroeconomic, 69-70, 79, 81, 262, 267, 360, 366, 373, 419, 426, 521, 578, 361-362. See also Investment and saving and maximization, 277-283, 455 and operationalism, 277 in science, 620 stationary, 378-379 theory, 114 thermodynamic, 156, 205. See also
Thermodynamics
Eugenics,38-39
Evans, C. Griffith, 294-295
Ezekiel, Mordecai, 383, 395, 422, 508, 517
Fairchild, Fred, 409-410, 558, 561, 570 Federal Reserve, 110, 245, 253, 261, 382-384, 387, 392, 411, 438, 489-491, 496-497, 507, 561, 581
Feller, William, 348
Feuchtwanger, Lion,73-74
Fiscal policy, 84, 253, 258, 261, 269-270, 335, 353, 355-356, 361, 373, 414, 424, 427, 429-430, 486, 501, 537, 549, 585, 587-589, 601,627
Fiscal Policy Seminar, 245, 250-254, 326, 368, 424, 623
Fisher, Irving, 67, 79, 88, 145, 149, 184, 359, 528, 578
Forecasting, 107-108, 167, 221, 340, 350, 380, 385, 393, 398, 406, 420-422, 424, 481-486, 488, 494-495, 506-511, 508509, 586
Foster, William Truffant, 247
Foundations of Analytical Economics, 83, 162, 273-293,450
Foundations of Economic Analysis, 83, 148, 156, 162, 166, 169, 189-190, 198, 216, 433, 450, 452-478, 514, 529, 532, 534, 552, 592, 604, 613, 623, 625-628, 630
Frank, Jerome, 383
Frank, Philip, 450
Free enterprise, 34, 249, 402, 408, 486, 503, 515,562-563, 566, 570,573-574, 582-585. See also Laissez-faire
Freeman, Harold, 295, 312, 319-320, 325-326, 345, 347-348, 350-351, 619, 621
Freeman, Ralph, 295-296, 307-308, 318-319, 321, 341, 347, 532-534, 537, 542-543, 544, 547, 549, 556, 558-562, 575, 592, 610, 613, 619
Freud, Sigmund, 7, 17, 73
Frickey, Edwin, 107-108, 110, 165, 246, 296, 303, 310, 342, 621
Friedman, Milton, 22, 35, 71, 80, 87, 94, 98, 103-104, 338, 344, 359, 395, 495, 551, 600, 603-605, 608, 614, 629
Friedman, Rose, 86
Frisch, Ragnar, 84, 120, 143-144, 186-187, 202, 264, 288, 291-292, 305, 341, 379, 471,473-474,525
Full Employment Stabilization Unit.
See National Resources Planning BoardFurer, J. A., 441
Galbraith, John Kenneth, 242, 373, 387, 601
Galileo, 26, 330
Game theory, 114, 330
Gay, Edwin, 105, 109-110, 167
Gayer, Arthur, 383, 429
Geisler, Murray, 421
General equilibrium theory. See Equilibrium, general
Georgescu-Roegen, Nicholas, 124, 205, 332 Georgi, Antonio, 5-6, 20
Getting, Ivan, 196, 198, 433-434, 436, 448, 618, 621
Gibbs, Willard, 67, 84, 124, 145, 149, 156, 162-163, 197-198, 201, 204-205, 287, 462, 620
Gideonse, Harry, 25, 51, 58, 78,
94, 96, 617
Gilbert, Milton, 373, 426
Gilbert, Richard, 383, 420-422
Goebbels, Joseph, 540
Goldenweiser, Emanuel Alexander, 245,
384, 399
Goldsmith, Raymond, 393, 479-488, 505-506, 514, 593, 621, 625, 629
Goodman, Herbert, 396, 402
Goodwin, Richard, 450
Gordon, Frieda, 6-10, 19
Gordon, Lester, 9
Gordon, R. A., 303
Gordon, Sam, 6-10, 19
Gossen, Heinrich, 203, 332
Graham, Frank, 229
Graves, Lawrence, 165
Great Depression, 23-24, 41, 47, 50, 78, 173, 183, 223, 248, 255, 271, 407, 430, 486, 502, 544, 576, 579, 617
Gresham, Thomas, 51
Guerlac, Henry, 196, 439-440, 443-445, 449, 624
Guns or butter, 540-541
Haavelmo, Trygve, 347-349, 474, 509-510, 516-517, 614, 621-622,628
Haberler, Friedl, 124
Haberler, Gottfried, 107, 110, 120, 124, 139, 142-144, 146, 167, 170-177, 179-183,
203, 232, 236, 239, 245-246, 259, 264, 270, 276, 292, 296, 303, 319, 329, 438, 450, 455, 477, 527, 601, 603, 615, 618 Hagen, Everett, 378, 397, 402-406, 410-411,
483, 495, 507-511 Hall, Robert, 333 Hamilton, Walton, 45 Hammond, Barbara,28-29 Hammond, John, 28-29 Haney, Lewis, 530, 595-596 Hansen, Alvin, 57, 65-66, 98, 124, 161, 177,
183, 219, 234-254, 255-267, 269-270, 292, 295-296, 303, 310, 326, 335, 344-345, 353, 355-357, 359, 361, 363, 370, 375, 380, 382-388, 390-391, 399-402, 404, 406, 408, 410-411, 416, 424, 428, 431, 438, 447, 455, 474, 478, 497, 499, 501-503, 505-506, 511-515, 519, 522-523, 525, 527, 529-531, 548, 558, 570-571, 579, 586-589, 592-593, 603, 614-615, 618, 622-627, 630 Harding, Warren, 8 Hardy, Charles, 264 Harris, Seymour, 109-110, 130, 164, 238-239, 242-243, 301, 327, 373, 414, 423, 438, 454-455, 498-499, 509, 527, 558, 571, 573, 594
Harrod, Roy, 137, 176-177, 264, 335, 376 Hart, Albert, 71, 87, 383, 395, 527,
594-595,612
Harvard Barometer of Business Conditions, 107, 586.
See also ForecastingHaskins, Caryl, 443 Hawtrey, Ralph, 303, 522 Hayek, Friedrich, 62, 175, 183, 205, 242, 248,
268, 503, 505, 522, 600 Heckscher, Eli, 233 Heckscher-Ohlin model, 173, 233 Henderson, Lawrence, 193-198, 200-201, 292,
310, 337, 433, 451, 472 Henderson, Leon, 383, 492 Hestenes, Magnus Rudolph, 165 Hicks, John, 89, 121, 123, 128-129, 137, 189,
203, 206, 210, 214, 227, 285, 289, 292-293, 309, 332, 335, 363, 460-461, 463, 468, 470, 472, 476, 519-520, 523, 600
Hicks, Ursula, 232, 599-600
Hilbert, David, 149 Hilferding, Rudolf, 132-134 Hitch, Charles, 333 Hitler, Adolf, 61, 489 Hobson, John Atkinson, 49, 94, 161, 188,
246, 522 Homan, Paul, 231-233, 598-599 Homans, George, 197 Hoover, Herbert, 428, 549
Hoover, J. Edgar, 222 Hopkins, Harry, 383 Hotelling, Harold, 104, 137, 143, 150, 208, 347-348
Humanities, Introductory course in, 25-27 Hume, David, 30
Hunsaker, Jerome, 440, 445 Huntington, E. V., 190
Hurwicz, Leonid, 325, 341-343, 345, 349, 473, 495, 621
Hutchins, Robert, 23-24, 73, 603-606, 617 Hutchinson, William Thomas, 56 Hutchison, Terence, 171, 334
Hutt, W. H., 65 Hypertension, 37, 217, 338
Ickes, Harold L., 386, 408 Indifference curves, 88-89, 120-121, 124, 137,
173, 179-182, 203, 226, 232, 332 Inflationary gap, 395, 417, 423-424, 486, 492,
527, 549, 589 Input-output analysis, 119-120, 123, 284, 320,
394, 426, 484, 628 International trade, 49, 60, 69, 88, 106, 121,
131, 167, 170-173, 177, 179-182, 196, 222, 225-232, 259, 275, 289, 332, 377, 464, 503, 536, 547, 589-590 Inter-Scientific Discussion Group, 450-451 Investment, 171, 220, 373, 427, 545, 605 and consumption. See Investment, and saving and easy money, 496-498 forecasting, 507 opportunities, 26, 244, 247, 255-259,
375-376, 379-380, 390, 407, 421, 484, 548, 588
and output, 84, 120, 175-176, 238, 243, 246-249, 256-261, 264-269, 349, 357, 361-369, 377-378, 385, 393-398, 404, 415-422, 426, 429, 495, 512-513, 516-529, 548-551, 577-579, 587-589 and policy, 349, 483, 492, 505 and saving, 123, 243, 265-269, 329, 361-369, 375-376, 382, 386, 393-398, 415-422, 424, 426, 430-431, 486, 488, 516-529, 547-551, 554, 556, 577-579,610
and technological change, 323, 623 theory of, 55, 184-185, 212-215, 224 IS-LM model, 429-430
Jaszi, George, 392 Jenkin, Fleeming, 332 Jevons, William Stanley, 332 Jewett, Frank, 440, 442, 444-445 Johnson, Griff, 383 Jones, Homer, 94 Jones, Ronald, 233
Jules, Alfred, 458, 459
Jung, Carl, 7
Kahn, Richard, 174, 249, 263, 335, 344, 362 Kaldor, Nicholas, 111-112, 124, 189, 227, 305, 362, 520, 599
Kalecki, Michal, 328, 365, 377, 473, 474, 602 Kaufmann, Felix, 171, 201, 207, 276 Kautsky, Karl, 591
Kelvin, Lord, 48
Kennedy, John Fitzgerald, 222
Keynes, John Maynard, 69, 79, 81, 121, 123, 135, 139, 141, 143, 160-162, 174-176, 178, 183-184, 196, 212-213, 215, 223, 225, 234-236, 239-243, 248-250, 253, 256-259, 261, 263-264, 266-270, 303, 310, 341, 344, 354, 361-364, 367, 371-373, 376-377, 382-383, 395, 399, 403-404, 416, 419, 422, 425, 431, 471, 475, 503-504, 518-519, 522, 525-531, 536, 539, 548, 556, 575, 599, 610, 615, 623
Keynes, John Neville, 46
Keynesian cross, 366 Keynesian economics, 18, 22, 223-225, 235, 237, 239-244, 250-251, 253-254, 256, 261, 265-267, 269-270, 289, 293, 297, 310, 337-338, 353-354, 357, 359-367, 371-378, 380, 382-383, 410, 416-417, 421, 424-425, 427, 456, 460, 471, 475, 484, 487-488, 502-503, 506, 516-531, 535, 549, 553, 567-571, 576, 594, 596, 601, 604, 608, 615, 623-627, 629.
See also Investment, and saving; Keynes, John Maynard; Keynesianism, American; MultiplierKeynesian Revolution, 357, 502, 569, 571 Keynesianism, American, 429-431 Kilgore, Harvey, 439
Killian, James, 562-563, 565-567, 569-573, 597, 610-611, 613,619
Kindleberger, Charles, 597
King, Wilford, 558 Kirkpatrick, Nora, 411
Klein, Lawrence, 347-348, 357, 502, 509, 515-523, 525-526, 564, 569-573, 593, 614, 629
Kneeland, Hildegaard, 393
Knight, Bruce, 552
Knight, Frank, 24, 32, 49, 51-55, 58, 63-64, 70-73, 78, 90-99, 137, 183-185, 188-189, 211-216, 332, 335, 337-338, 378-380, 454, 464, 469, 472, 540-541, 578, 592, 595, 604, 608, 610, 614, 616-618, 624-626
Koopmans, Tjalling, 346-347, 509-510, 605, 607-608, 614, 622, 629
Krost, Martin, 383
Kuczynski, Robert, 351-352
Kuhn, Thomas, 141
Kuznets, Simon, 143, 176, 344, 356, 426, 629
La Follette, Robert, 19
Labor problems, 35, 63-66, 67-68, 83, 580581, 617
Lagrange multipliers,67-68
Laissez-faire, 26-27, 44-45, 50, 58, 62, 81, 85,
93, 238, 335, 505, 585, 592. See also Free enterprise
Lane, Rose Wilder, 567-569
Lanfear, Vincent, 570
Lange, Oskar, 79, 124, 208-210, 289, 335, 341, 354-355, 361, 368-370, 375, 377-378, 427, 519-520, 523-524, 527, 602, 604
Latimer, Murray, 511, 513
Laursen, Nita, 270
Laursen, Sven, 270, 328
Le Chatelier Principle, 41, 203, 282, 351, 477,
155-156, 291-292
Leacock, Stephen, 157, 158-159, 622
Leavens, Dickson, 202, 364
Lederer, Emil, 133
Leibnitz, Gottfried, 97
Lemon, Harvey,39-41
Leontief, Wassily, 107, 110, 118-124, 128,
140, 160, 162, 164, 167, 171, 179-182, 224-225, 232, 240, 242, 245, 259, 284, 292, 296, 301, 327, 332, 393-394, 450, 455, 461, 484, 526, 558, 600-602, 618, 620, 628
Lerner, Abba, 124, 171, 189, 335, 376-377,
424, 428, 523
Levin, Harry T., 196
Lewis, Gregg, 71, 608-609
Lewisohn, Ludwig, 75
Liberalism, 27, 81, 91, 98, 133, 238
Lincoln, Edmond, 557
Lindahl, Erik, 214
Lintner, John, 147
Lippmann, Walter, 311
Livingston, Morris, 494
Loomis, Hiram Benjamin, 12-14
Loomis, Lynn, 196
Loomis, Wheeler, 448-449, 621
Lotka, Alfred, 219-222, 291, 337, 349,
351-353,627
Lowell, Lawrence, 135, 193, 198
Lubin, Isador, 383
Lundberg, Erik, 263, 362
Lusher, David, 388
Lynd, Helen, 29
Lynd, Robert, 29
Lypski, Alfred,4-5
Lypski, Ella,3-5
Lypski, Eva, 4
Lypski, Fanny,4-5
Lypski, Frank,4-5
Lypski, Meyer, 4
Lypski, Norman, 4
Lypski, Sarah,4-5
Lypski, Sophie, 20
Mach, Ernst, 140, 148
Machlup, Fritz, 124, 377, 554, 598-599, 612 Maclaurin, Richard, 150, 321
Maclaurin, Rupert, 312, 321-324, 439-440, 443-444, 449, 611, 619
Malthus, Thomas Robert, 23, 27-28, 367-368 March, Herman, 167
Marget, Arthur, 72
Marschak, Jacob, 124, 146, 305-306, 399, 523, 525, 603-608,614
Marshall, Alfred, 49, 54, 64-65, 88, 92, 111, 133, 137, 159, 162, 169, 171, 209, 211, 227, 277, 284, 289, 332-333, 335-336, 366, 454, 461, 463, 472, 476, 528-529,630
Marx, Karl, 29, 119, 365, 529, 543, 568
Mason, Edward, 109-110, 301, 303, 511, 558 Mason, Max, 24
Massachusetts Institute of Technology (MIT), economics at, 317-320, 317-324 mathematics in, 297-299, 308-309, 318, 320, 322, 324, 345, 379-380, 451, 533, 539, 547, 621
Radiation Laboratory, 431, 432-439, 440-441, 443, 445-446, 448-449, 451-453, 456-457, 481-482, 489, 514, 532-533, 598, 619, 621, 624
statistics in, 318-319, 324-326, 340-351
Visiting Committee, 557, 559, 561, 566, 571-575
Mathematics clubs,14-16
Mathematics,
application to economics, 177, 179, 184-185, 208, 210, 215-216, 219-220, 222, 228, 241, 263-264, 279-280, 290-291, 334, 341, 465, 469, 475-476, 514, 524
importance of, 34, 51, 109, 162, 365, 472, 617, 630, 379-380
Pareto, Vilfredo, and, 115
Klein, Lawrence, and, 516, 518, 520
Knight, Frank, on, 212
Crawford, Marion, and, 127, 130
Marshall, on, 277
matrices and determinants, 41, 72, 122-123, 163, 166-167, 204, 219, 280, 284, 349
Mathematics, PAS teaching, 325 typesetting of, 457
Schumpeter, Joseph, and, 137, 140-145
as simplifier, 377, 469, 547 and Society of Fellows, 195 struggles with, 379-380 unifying power of, 26, 167, 274, 274-276 Viner, Jacob, and, 180, 336 von Neumann, on, 330, 477 Wilson, E. B., on, 149-159, 163, 454-455,625
Mature economy, 247, 255, 375-376, 588.
See also Investment opportunities
May, Kenneth, 475
May, Stacey, 45
Meade, George Herbert, 60
Meade, James, 289, 426 Means, Gardner, 108, 383 Mechanical Engineering, 407 Mendelsohn, Fred, 20 Mendershausen, Horst, 333 Menger, Carl, 53, 133-134 Menger, Karl, 329
Merriam, Charles, 43, 386, 394, 408
Method of variation, 133
Metzler, Lloyd, 122-123, 147, 154, 156, 159, 171-173, 303, 310, 475-477, 602, 607, 626
Michelson-Morley experiment,114
Mill, James, 605, 610
Mill, John Stuart, 46, 137, 189
Miller, James, 197
Millikan, Max, 593, 597
Mints, Lloyd, 35, 69-71, 78, 96, 608
Mises, Ludwig von, 132, 170-171, 175, 569 Mitchell, John,64-65
Mitchell, Wesley, 51, 70, 108, 159-160, 163, 170, 176, 245-246, 386, 510, 587, 614, 621-622, 628-629
Models, use of, 118-119, 123, 138, 143-144, 163, 178, 187, 200, 202, 214-215, 221-222, 231-233, 241, 250, 262-264, 266, 268-269, 277, 284, 288-291, 330, 341, 343-345, 347-350, 355, 358, 360, 362, 364, 368-369, 373, 376-380, 406, 420-421, 427-430, 433-434, 436, 473-475, 478, 482-483, 486, 508-509, 520-523, 535, 578, 598, 621-623, 628-629
Modern Industry, 496-498
Modigliani, Franco, 338, 344, 523-525, 629 Monetary Equilibrium, 253, 266-267
Money and banking, 35
Monopolistic competition, See
Chamberlin, Edward
Monroe, Eli, 109, 164
Moore, Eliakim Hastings, 274 Moore, Henry Ludwell, 24, 291 Morgenstern, Oskar, 114, 124, 140, 329, 336, 450, 477, 620, 628
Morgenthau, Henry, 245
Mosak, Jacob, 24, 71, 492, 494-495, 508,
602, 609
Moulton, Harold, 399, 598
Multiplier, 18, 174, 177, 243, 249, 259, 261, 268, 356-360, 363-364, 377-378, 380, 420-422, 428-430, 481-482, 484, 486, 488, 491-494, 519, 522-524, 526, 549, 587, 589, 622-623, 625, See also Lagrange multipliers; Multiplier-acceleratormodel balanced-budget, 414-419, 424,426
Multiplier-accelerator model, 177, 222,
262-265, 268-269, 344, 349, 373, 420-421, 474, 623. See also Acceleration principle
Munro, W. B., 46
Musgrave, Richard, 147, 253
Myers, Charles, 323
Myrdal, Gunnar, 189, 253, 266-267, 522
Nathan, Robert, 426
National income, 65, 82, 85, 119, 129,
224-225, 229, 251, 260, 264-265,
268-269, 344-345, 356, 359, 384-385, 388,390,393, 396-398, 403-404, 417-419, 423, 425, 427, 429, 464, 481-482, 484, 486-488, 495, 500-501, 507, 517-518, 524, 532-537, 539, 542-544, 548-550, 552, 554, 556-557, 578-581, 586, 594, 596
National Planning Association, 440, 497, 624 National Resources Development: Report for 1943, 400-402
National Resources Planning Board (NRPB), 383, 386-414, 420, 424-425, 427, 431-432, 434, 439, 451, 482-483, 489, 507, 514, 517, 525, 549, 586, 621-624, 626
Natural sciences, Introductory course, 36-41 Neisser, Hans, 373-376, 420
Nelson, Donald, 490, 560 Neumann, John von, 114, 163, 329-330, 336, 450, 477, 620, 628
New Republic, The, 408, 440, 445, 489, 493, 500-504, 507-508, 515, 540, 547, 564, 589, 624
Newton, Isaac, 26, 95, 97, 340, 341 Neymann, Jerzy, 150, 348
Nixon, Russ, 20, 222-225, 269, 295, 329, 340, 564
Nordhaus, William, 532
Office of Price Administration (OPA), 371, 373, 388, 393, 403, 406, 419-422, 490, 492, 507, 508
Ogburn, William, 38, 49 Ohlin, Bertil, 173, 178-179, 214, 233, 328, 528, 602
Oligopoly, 68, 112, 115, 117, 335, 545 Operationalism, 83-84, 98, 122-124, 138, 145, 148, 199-201, 205-208, 211, 216, 275-277, 284, 292, 331, 334, 338, 340, 363, 450-451, 476, 480, 519, 618, 620-621,628
Orear, Jay, 14
Pareto, Vilfredo, 114-115, 143, 146, 151, 168-169, 187-189, 191, 196-198, 205, 209, 285, 292, 332, 425, 465, 468
Parsons, Talcott, 306
Pearson, Karl, 150
Pechman, Joseph, 396
Pericles, 39
Perlman, Mark, 303
Perlman, Selig, 303
Perlo, Victor, 420-422
Persons, Warren, 107-108, 614
Peterson, Nicholas, 559
Pigou, Arthur Cecil, 49, 137, 157, 176, 187, 328, 361, 362, 363, 463, 522, 535, 602
Piore, Frank, 433
Pitts, Walter, 434, 437
Planck, Max, 48-49, 51, 235
Planning,
centralized, 52, 559, 574-575, 584 and full employment, 494 post-emergency, 384-387, 389, 391-413, 428, 430, 451, 490- See also Forecasting of science, 439-448, 624
Poincare, Henri, 140, 142, 148
Popper, Karl, 201, 207, 276
Population, 219-222, 247, 255, 257, 259-260, 267, 269, 323, 337, 349, 351-353, 385, 388, 404, 528, 548, 616, 627
Population, Malthusian theory of, 23, 27-28, 367-368, 465,616
Positivism, 140, 171, 200, 201; see also
Vienna Circle
Pottinger, David, 455
Proctor, Redfield, 570
Propensity to consume, 258, 262, 345, 357-358, 367-370, 373-375, 417, 424, 426-427, 483, 495, 527- See also Investment, and saving
Psychoanalysis, 73
Public finance, 50, 134, 161, 167, 251, 275, 309-310, 326, 424, 427, 430, 533, 561, 623
Purchasing power parity, 68-69
Quantity theory of money, 70, 78-79, 97, 177, 261, 350, 359-360, 528, 551, 553, 596
Queeny, 503
Quesnay, Franςois, 88, 119
Quine, Willard van Orman, 196, 201, 207, 216, 276, 450, 618
Rabi, Isidor Isaac, 443, 445-446, 449,
621, 624
Ramsey, Frank, 362, 379, 528
Rate of interest,
and employment, 224, 258, 261, 362, 366, 525
and investment, 183-185, 249, 427, 550
and monetary expansion, 175
and saving, 415-416
and stationary state, 379, 378-381
and uncertainty, 430
and velocity, 357
theory of, 56, 72, 80, 121, 184-185, 196, 211-214, 216, 256, 354, 358, 366, 367-369
wartime, 430, 496-499
Ratner, David, 20
Ratner, Stanley, 20
Reder, Melvin, 475-476
Reisinger, Annie, 134
Revealed preference, 94, 124, 206, 216- See also Consumer theory
Ricardo, David, 87, 137, 141, 529
Riley, Rod, 383
Ringo, Elizabeth, 332, 334, 425, 428 Robbins, Lionel, 29-31, 49, 171, 188-189,
206, 276, 334, 379, 466, 470, 540 Robertson, Dennis, 78, 176, 266, 341,
362, 383
Robinson, G-, 163, 185
Robinson, Joan, 65, 82, 88, 110-111, 116, 129, 137, 142, 224, 241, 332, 335-336, 365, 376, 518-519,600
Rockefeller, David, 147
Rogers, Will, 51
Roll, Erich/Eric, 124, 270-272, 388, 551
Roll, Freda, 270, 388
Roos, Charles, 495
Roosa, Robert, 437
Roosevelt, Franklin Delano, 19, 41, 50, 63, 68, 90-91, 109, 131, 197-198, 236, 238, 248, 387, 400-401, 408, 429, 440-441, 443, 499-501, 504, 514, 547, 557, 624
Rosenblueth, Arturo, 433
Rosovsky, Henry, 301-303, 305
Rostow, Walt, 392
Rothko, Mark, 31
Ruml, Beardsley, 386, 503, 566, 574
Ruskin, John, 49, 51, 95
Russell, Bertrand, 43
Russell, Dora, 43
Ruth, Ethel, 9, 11
Salant, Walter, 192, 252-253, 383, 406, 411, 419-424, 456-457,508
Salant, William, 252, 383, 417-424, 426
Salter, Arthur,44-45
Samuelson, Ella, 10, 616
Samuelson, Frank, 3-5, 10-12, 18-19, 74,
217, 616
Samuelson, Harold. See Summers, Harold Samuelson, Jane, 511, 601-603
Samuelson, Margaret, 600
Samuelson, Paul A., See also most other entries in this index, including Economics: An Introductory Analysis; Foundations of Analytical Economics; Foundations of Economic Analysis; Mechanical Engineering; Modern Industry; The New Republic.
“After the war: 1918-1920,” 403-406 birth, 3, 5
and Bowman Committee, 443-448
Clark Medal, 612-613
“Concerning Say’s law,” 354-355
as conservative,62-63
“Constancy of the marginal utility of income,” 209-211
“Consumer demand at full production,” 388-390
as cooperator 218, 295
“Differential corrections in anti-aircraft
trajectories,” 436-437 and diplomatic career, 61 “Dynamics, statics and the stationary state,”
378-380
“The effect of interest rate increases on the banking system,” 496-499
“The effects of a unilateral payment on the terms of international trade,” 177-180
“The empirical implications of utility analysis,” 201-202, 206-208
“Estimates of unemployment in the United
States,” 223-225
family origins,3-4
on the farm, 6-10, 20
first encounter with economics, 31-35
first school,9-10
“Fiscal policy and income determination,” 356-360
“A fragmentary note on the the equilibrium of the firm,” 115-118
“Full employment after the war,” 414-417 “A fundamental function in population analysis” (with M. C. Samuelson), 220-221 as general economist, 483, 514, 614 Guaranteed Wage Study, 511-515 Harvard University, 103-293, 618-619, 626 Harvard University, Fiscal Policy Seminar, 250, 252-253
Harvard University, Society of Fellows, 194-196
Hyde Park High, 12-17
“Interactions between the multiplier analysis and the principle of acceleration,” 262-263
as Jackass, 79-80, 97. See also 361
Jewish identity, 11-12,73-77
as journal editor, 598-600
journey to Cambridge, 103-104
“The limitations of collective bargaining,” 64-66
Linear Programming and Economic Analysis (with R. Dorfman and R. M. Solow), 629
“Lord Keynes and the General Theory," 525-529
and Manhattan Project, 449
marriage, 130-131
meeting Marion Crawford, 127-128
Massachusetts Institute of Technology, 597-598, 618-620
Massachusetts Institute of Technology, research project with Maclaurin, 323-324
Massachusetts Institute of Technology, research project with Hurwicz, 340-343,349
Massachusetts Institute of Technology, teaching at, 324-326, 331-338, 424-429
Massachusetts Institute of Technology, in Radiation Laboratory, 432-439
as mathematical economist, 22-23, 35,
66-68, 293-294, 309,514
mathematical education, 11, 14-16, 35,
40-41, 66-72, 90, 96-97, 165-167, 191, 275, 294, 613, 618, 620. See also Wilson, Edwin Bidwell
and modern economics, 614-615, 628-629 “The modern theory of income,”
364-368,370
move from Harvard to MIT, 294-313
“A note on the measurement of utility,” 168-169
“A note on the pure theory of consumer’s behaviour,” 203-206
Oligopoly, problem of, 112-115 pharmacy, 5,10-11
“Post-war planning as seen by a retired postwar planner,” 411-413
precocity, 18, 19, 79, 528
“Protection and real wages” (with G. Stolper), 230-233
“The rate of interest under ideal conditions,” 211-215
“The relationship between changes in exchange rates and general prices,” 68-70 and science, 72-73, 90-95, 98, 137, 147-148, 198, 205-206, 235, 257, 276-277, 291, 341, 450-451, 466, 472, 538, 583. See also Bowman Committee
as self-taught, 21, 96-97, 165
and social sciences, 22, 27-31, 41-58, 59-63 “Some aspects of the pure theory of capital,” 183-185
Samuelson, Paul A. (Cont.)
“A statistical analysis of the consumption function,” 343-345,356
as statistician, 304, 310, 328, 338, 353, 356-357, 388, 393, 406, 433, 436-437, 474, 479, 488, 494, 509, 514, 586, 592, 607, 618, 621-622, 627-629
“The structure of a population growing according to any prescribed law,” 221-222 “Studies in wartime planning for continuing full employment” (with O. Altman et al.), 397-400
“A suggestion for a generalized fire control correction box,” 434-436
“A synthesis of the principle of acceleration and the multiplier,” 263-265
“The theory of pump priming reexamined,” 260-261, 267-269
“Unemployment forecasts: a failure,” 507 and University of Chicago, 22-99, 603-612, 616-618, 626
and University of Wisconsin, Madison, 166-167
“Welfare economics and international trade,” 225-228
Samuelson, Robert. See Summers, Robert Savage, Leonard, 475
Schell, Edward, 613
Schlesinger, Hermann, 39
Schlesinger, Jr, Arthur, 125, 196, 591, 592, 618 Schlesinger, Karl, 336, 347
Schlesinger, Sr, Arthur, 125 Schmoller, Gustav, 132, 133-134
Schultz, George, 597
Schultz, Henry, 24, 48, 72, 82-83, 123, 150,
172, 199, 205, 209, 286,
291, 333, 620
Schultz, Theodore, 604-612 Schuman, Fred Lewis, 60-61
Schumpeter, Johanna, 132 Schumpeter, Joseph Alois, 72, 88, 96, 105, 107,
110, 119, 121, 124, 126, 128, 130-148,
152, 155, 160, 162, 164, 167, 169-170, 183-184, 195, 198, 201, 211, 214, 216, 236, 238, 240, 242, 245, 259, 270, 292, 296, 303, 305-306, 310, 319, 322, 330-331, 378-380, 438, 450, 453, 472, 481, 519, 522, 526, 529, 558, 587, 594, 601, 614, 618, 620, 625
Science. See also Samuelson, Paul A., and science;
Operationalism
economics as, 45-46
in diary, 56, 73
Henderson, on, 197-198, 200
in introductory courses, 27-29 method of, 36, 40, 42, 46, 48-49, 60, 538 policy, 439-448, 624
Schumpeter, Joseph, on, 137, 140-145, 148 social and natural, 29, 31, 92, 94, 472 in Society of Fellows, 198-201
Wilson, E. B., on, 157-162
Scitovsky, Tibor, 189
Scoville, Warren, 86
Security, Work and Relief Policies 400-402
Senior, Nassau, 46
Shelley, Percy Bysshe, 47
Shoesmith, Beulah, 12, 14-17, 19, 67, 96
Shoup, Carl, 571
Sidgwick, Henry, 285
Simons, Henry, 32, 70-71, 78, 80-81, 335, 503, 595, 606
Skinner, B. F., 199-200
Slichter, Sumner, 32-33, 49-50, 57, 177, 240-241, 268, 368, 370, 428, 511, 527
Slutsky, Eugen, 379, 474
Smith, Adam, 11, 26-27, 29, 64-65, 332, 367, 407, 626
Smithies, Arthur, 434, 508, 520
Snyder, Carl, 503
Social Science, Introductory course, 27-31
Social Science, Second level course, 41-56
Social welfare function, 188-190, 225-226, 466-469. See also Welfare economics
Socialism, 27, 52, 94, 135, 305, 428, 522, 564, 573, 582-585,595
Society of Fellows, 193-194. See also Samuelson, Paul A., Society of Fellows
Solow, Robert, 147, 165, 297, 310, 523, 597, 614, 627, 629
Somerville, Brehon, 490
Sonne, Christian, 497, 498
Sorokin, Pitirim, 31
Spencer, Charles, 565
Spengler, Joseph,30-31
Spengler, Oswald, 46
Spiethoff, Arthur, 176, 247, 258
Sraffa, Piero, 6, 137, 335
Stackelberg, Heinrich, 336
Staehle, Hans, 450
Stagg, Amos Alonzo, 24
Stagnation, 255-256, 258-259, 261, 269, 323, 353, 374-375, 403, 491, 588
Staley, Eugene, 96
Stalin, Josef, 408
Stationary state, 378-379, 472-473
Statistics. See also Forecasting
Altman, Oscar, on, 390
Freeman, Harold, and, 320
Friedman, Milton, and, 603
Klein, Lawrence, and, 520
Lotka, Alfred, on, 219—222
Perlo, Victor, on, 420-422
produced by NRC/NRPB, 373, 542, 549
Schumpeter, Joseph, on, 132, 141, 143 statistical analysis of the cycle, 132, 138-139,246,340-345
statistical laboratory at Chicago, 286 statistical studies of innovation, 320, 324 theory of, 345-351
unemployment, 371, 372, 373,
404, 222-224
Wilson, E. B., on, 157, 159, 165, 194, 297, 149-154, 149-154, 162-163
Steffens, Lincoln, 43
Stein, Gertrude, 75
Steine, Jacob, 5
Stephan, Frederick, 221
Stevens, Stanley Smith, 450
Stigler, George, 71-72, 87, 94, 98, 336, 379, 398, 464-465, 469, 475, 553, 605, 608, 612, 616-617
Stolper, Gustav, 134, 266
Stolper, Wolfgang, 137, 147, 219, 229-233, 306, 456, 475, 551-553
Stolper-Samuelson theorem, 230-233
Stone, Richard, 426
Stratton, Julius, 433
Stratton, Samuel, 566, 596
Summers, Harold, 5, 20-21, 616
Summers, Lawrence, 588
Summers, Robert, 10, 20, 21, 616
Sumner, William Graham, 29-30
Supply and demand 34, 47, 48, 57, 80, 97, 120-121, 172-173, 223, 229, 278, 286, 288-289, 291, 321, 323, 366, 368, 368, 371, 373, 376-377, 537, 543, 545, 547, 552, 554
Swedberg, Richard, 306
Sweezy, Alan, 135, 207, 216, 276, 285, 311, 383, 551-553,586
Sweezy, Paul, 135, 242, 327, 335, 399, 564 Swope, Gerald, 317
Taft, Robert, 402, 408-409
Tarshis, Lorie, 242, 252, 534, 549, 567-569, 571, 576, 579
Tate, John, 443
Taussig, Frank, 64-65, 87, 105, 107, 110, 119, 126, 134-137, 177, 179, 180, 186, 232, 301, 332, 537, 547, 559
Tawney, R. H., 29
Taylor, Horace, 453-454, 601
Taylor, Overton, 109
Temporary National Economic Committee (TNEC), 382-383, 390
Terborgh, George, 588
Theorems, operationally meaningful. See Operationalism
Thermodynamics, 119, 144, 151, 156, 162, 165, 198-199, 202, 274, 291, 297, 450, 472
Thinking, straight and crooked, 41-43 Thouless, Robert, 42, 56
Thresher, Alden, 318
Thurstone, Louis, 38
Time, as concept in economics, 117, 123, 168-169, 177, 183-185, 199, 213-214, 220-222, 287-288, 291, 333, 338, 344, 366-367, 378-380
Tinbergen, Jan, 143, 263, 598, 599
Tintner, Gerhard, 475, 510
Tobin, James, 258-259, 422, 614, 617, 629 Treasury, United States, 245, 327, 358, 382-383, 496-499,610
Triffin, Robert, 124-125, 136-138, 141, 147, 332, 601
Truman, Harry, 514, 590
Tsuru, Masako, 131, 327, 602-603
Tsuru, Shigeto, 111, 112, 121-122, 124-128, 131, 147, 215, 223, 306, 327, 564, 601-603
Tucker, Donald, 318, 572
Tuve, Merle, 441, 445
Ulam, Stanislaw, 196, 198, 618, 621
Ullmann, Joseph, 347-348
Unemployment. See also National income;
Investment, and output
involuntary, 526, 371-373
Unity of science movement, 450
University of Chicago
attempt to recruit Samuelson, 603-612 Hutchins program,22-24
Usher, Abbott, 29, 109, 167, 456-459, 601 Utility, 49, 54, 88-89, 122-124, 137, 156, 144-145, 151-152, 167-169, 181-182, 187-188, 201, 203-210, 213-214, 216, 226, 279-281, 283, 285-286, 332, 337, 379, 461, 463, 466, 468, 470, 630
Vandermeulen, Daniel, 437, 556
Veblen, Thorstein, 92, 93, 94, 157
Vienna Circle, 201, 207, 216, 276, 450 Villard, Henry, 428
Viner, Jacob, 24, 49, 70-71, 78, 79, 81, 86-90, 96-97, 103, 105, 110, 126, 136, 177, 179, 212, 230, 232, 253, 332, 336, 604, 606-607, 614, 617-618
Vining, Rutledge, 392, 510, 622, 629
Wald, Abraham, 336, 347
Wald, George, 450
Walker, Francis, 31, 297, 613
Wallace, Henry, 501
Wallis, Allen, 71-72, 87,
94, 104, 605
Walras, Leon, 88, 114, 210, 289, 475
Walsh, John, 311
War Production Board (WPB), 459, 479-488, 489-490, 492, 508, 514, 621
Ward, Henshaw, 66
Weaver, Warren, 443, 446
Webb, Beatrice, 64
Webb, Sidney, 64
Welfare economics, 49-54, 94, 96, 98, 137,
145, 169, 171, 186-192, 208-210, 224-229, 244, 328, 335, 368, 456-457, 461-470, 478, 625. See also Social Welfare Function
Welfare provision, 400-401, 502, 583, 587, 400-401
Wheel of wealth, 53-54, 578, 625. See also Circular flow of income
White, Harry Dexter, 126, 327, 383, 504 Whitehead, Alfred North, 126, 193-194, 198, 276, 351
Whittaker, E. T., 163, 185
Whyte, William, 197
Wicksell, Knut, 137
Wicksteed, Philip, 137
Wiener, Norbert, 166, 347, 433-434, 450, 474, 619, 621
Wieser, Friedrich, 170
Wiesner, Jerome, 433
Williams, John, 106, 109-110, 126, 177, 180, 243, 245, 250, 252-253, 258, 296, 302, 368, 438
Willits, Joseph, 321
Wilson, E. Bright, 196, 292, 349, 618
Wilson, Charles, 439-441
Wilson, Edwin Bidwell, 67, 106-107, 110, 119,
123-124, 130, 142, 144-146, 148-165, 168,
177-179, 182, 185, 193-195, 198, 201-204, 210-211, 214, 216, 219, 236, 251, 259, 274-275, 283, 286-287, 291-292, 294-299, 303-313, 329, 348-349, 353, 451, 453-434, 457, 462, 470-472, 477-478, 510-511, 558, 601, 615, 618, 620-622,
625-627, 630
Wilson, John D., 388
Wilson, Woodrow, 385, 403
Wirth, Louis, 23, 27, 60
Wolf, Louise, 166
Wolf, Margarete, 166-167, 284 Woodward, Robert, 196, 618 Wordsworth, William, 196, 234 Working, Elmer, 120
Wright, Chester, 71
Wright, David McCord, 410, 455, 552, 573, 593, 598
Wright, Quincy, 81
Wylie, Alexander, 126
Wylie, Rosemary, 126-127
Yntema, Theodore, 78, 88
Young, Allyn, 35, 54, 303
Yule, Udny, 379
i. On the concept of consumer's surplus, see chapter 10 this volume.
j. See chapter ii this volume.
i. Hicks 1937. In his diagram, two alternative curves were labeled L-(M = M0) and
L,(M = M1). This notation was close to the one that was to become standard a decade later, when textbooks talked about the IS-LM model (its other component was I = S).
j. He claimed that Modigliani had not handled correctly the point, standard in the general equilibrium literature, that demand functions were homogeneous of degree zero in prices.
l. Though bound together with the earlier chapters, the first of these three chapters, none of which is listed in the table of contents, is unnumbered, the second is numbered 18, and the third is numbered 19. The numbering of the diagrams in the first of these chapters begins with “Figure 5.” This initial draft of the textbook was clearly put together using some materials he had prepared for other courses, which have not been found. He might have been using some material produced by his colleagues, though that seems less likely, given his acknowledgment that an earlier chapter did draw on such material.
m. As in figure 18.1 given earlier, this volume.
n. Tarshis, one of the participants in the Harvard seminar discussed in chapter 12 this volume, introduced Keynesian ideas into a textbook published the following year, but at this point Samuelson knew nothing about it. See chapter 26 this volume.