Copyright Martin A. Armstrong, all right reserved March 18th, 2012 Please register for Special Updates ArmstrongEconomics.COM / Princeton Economic Institute Copyright Martin A. Armstrong All Rights Reserved  Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept […]

Ragner A. K. Frisch 1895-1973 Ragner A. K. Frisch was a Norwegian economist and Professor of Economics and Statistics at Oslo University. In 1960, Frisch shared the Nobel Prize for Economics with the Dutchman Jan Tinbengen. His most important work was the paper Propagation and Impulse Problems in which he developed the mathematical potential of J M […]

Henry George 1839-1897 Henry George was an American economist and politician. Famous for his campaign for a single tax on the land values derived from rent. He believed that rents were received by landlords at the expense of workers and business interests, and that this caused poverty and reduced the level of investment in the […]

Alvin Harvey Hansen (1887-1975) Alvin Harvey Hansen was an American economist. Taught at the University of Minnesota from 1919 to 1937 and at Harvard from 1937-1960. He worked for the Economic State Department in Washington from 1934-35, and was special adviser to the Federal Reserve System between 1940 and 1945. His published work includes Cycles […]

Irving Fisher 1867- 1967 Irving Fisher was an American economist. Professor of Political Economy at Yale University from 1898 to 1935. Fisher’s most important work in economics was The Making of Index Number, published in 1922, in which he developed the theory of index numbers and established conditions that an index should satisfy. Fisher also […]

Francis Ysidro Edgeworth 1815-1926 Francis Ysidro Edgeworth was a British economist, who held the Chair of Political Economy at Oxford between 1801 and 1922. His most important published writings were Mathematical Psychics (1881), Theory of Monoply (1807), Theory of Distribution (1904), and Papers relating to Political Economy (1925). Edited the Economic Journal from 1891 to […]

Arsene Jules Etienne Juvenal Dupuit 1801-1866 Arsene Jules Etienne Juvenal Dupuit was a French civil engineer. His writings on the pricing policy for public services, such as De la mesure de l’utilite des travaux publics (1844) and De l’influence des peages sur l’utilite des voies de communication (1840). Laid the foundation for the development of […]

James Duesenberry (1920-2013) James Duesenberry was an American economist. Professor of Economics at Harvard since 1957. His most important books are Income, Saving and the Theory of Consumer Behavior (1940), and Money and Credit, Impact and Control (1964), Duesenberry’s Relative Income Hypothesis explained people’s fixed expenditure patterns in terms of status.

Paul Douglas 1802- 1876 Paul Douglas was an American economist. His early publications include Theory of Wages (1834), Real Wages in the US (1830), and American in the Market Place (1852). In his statistical work, he tested Clark’3 marginal productivity theory of distribution. Best remembered for the development of the Cobb-Douglas production function with Charles […]

Maurice H. Dobb (1900-1976) Maurice H. Dobb was a British economist. Educated at Charterhouse and Cambridge. Taught at Cambridge, Emeritus Reader in Economics and a Fellow of Trinity College. His writing shows a clear Marxist influence. In Capitalist Enterprise and Social Progress, published in 1925, Dobb developed the relationship between ‘pure’ profit and economic uncertainty. […]