<<

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., 383

Bauer, 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, Abram

Burk, 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, general

Douglas, 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 Board

Furer, 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 Forecasting

Haskins, 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; Multiplier

Keynesian 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.

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Source: Backhouse R.E.. Founder of Modern Economics: Paul A. Samuelson: Volume 1: Becoming Samuelson, 1915-1948. Oxford University Press,2017. — 760 p.. 2017
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