History of Economic Analysis part 124 ppsx

Lowe, Joseph, 526, 701, 713, 1078
Lowenthal, Esther, 480
Loyd, Samuel Jones, see Overstone
Loyo, G., 210
Lubbock, John William, 705
Lucas, Charles P., 399
Lugo, Juan de, 95, 96, 98, 99, 101
Lundberg, Erik, 966, 1085, 1173, 1183
Lutz, Friedrich, 739, 1123
Luxemburg, Rosa, 880–82, 1132
Ly, Siou Y., 53
Lyell, Sir Charles, 445

Mabillon, Jean, 123
Mably, Gabriel Bonnot de, 139, 140
Macaulay, T.B., 216, 424, 426, 430, 432
Macgregor, David Hutchison, 859
Mach, Ernst, 5, 16, 509, 776
Machlup, Fritz, 1038, 1076
Maclaren, James, 716
Macleod, H.D., 175, 670, 718, 1115
McCulloch, John Ramsay, 157, 381, 470–71, 476–9, 486–7, 515, 519, 521–2, 559, 581, 585, 595,
599, 657, 669, 683, 703, 726, 733, 737
McDougall, William, 799
McVane, Silas Marcus, 639, 926
McVicker, John, 515
Maddison, Sir Ralph, 364
Maimonides, Moses, 87
Maine, Henry James Sumner, 427, 782, 822
Maitland, Frederic William, 782
Malestroict, Jehan Cherruyt de, 166, 311

Mallock, William Hurrell, 789
Malthus, Thomas Robert, and Godwin, 140, 579n;
and Ortes, 178;
and Smith, 191, 472, 482, 484;
and Quesnay, 234;
on human perfectability, 257;
Marx and, 480n, 481;
and Keynes, 481, 483, 582, 622, 623, 641n, 890n;
recognition of maximization problem, 481;
monetary analysis, 482, 483;
general gluts, 482, 538–9;
and Chalmers, 487;
and Mill, 530;
and Ricardo, 536n, 538–9, 625n, 677, 1054n;
model of growth, 566, 570–72;
distribution theory, 568;
and Senior, 580–81;
value theory, 600, 601n, 602, 1054n;
supply and demand schedules, 602;
international trade theory, 610–11, 733;
Index of authors 1192
on Say’s Law, 622, 623, 740;
aggregate demand, 623;
savings and investment, 623, 641n, 724, 740;
capital concept, 634;
interest theory, 656;
stagnation thesis, 740;
money as numéraire and exchange medium, 1087;
consumption function, 1176.
See also Malthusian Theory of Population

Malynes, Gerard de, 251, 314, 344–6, 350, 353, 355, 364–6, 737
Mandeville, Bernard de, 184, 325
Manfra, Modestino Remigio, 178
Mangoldt, Hans Karl Emil von, 503, 519, 556, 607, 646, 679, 893–4, 935, 990–91
Manley, Thomas, 328–9
Mann, Fritz Karl, 204
Mannheim, Karl, 33, 37
Mantoux, Paul, 149, 271, 821
Marcet, Jane, 477, 649, 668
Marget, Arthur W., 276, 317, 322, 698, 705–6, 710, 718, 1020, 1080, 1108, 1115
Mariana, Juan de, 96
Marlo, Karl, see Winkelblech, Karl George
Márquez, Javier, 165
Marschak, Jacob, 907, 970, 993
Marshall, Alfred, use of ‘economics,’ 21;
conception of Noble Life, 129n;
and Smith, 189, 307–8, 833–5, 837, 838, 892;
savings and investment, 325;
international trade theory, 351, 374, 609, 1106;
and Kant, 412n, 780;
on Thünen, 465, 467, 837;
acknowledgment of others’ work, 474, 839;
and Ricardo, 475, 529, 592–3, 594–5, 674n, 678–9, 837, 838, 921n, 934, 1078–9;
on Hermann, 503;
economic development theory, 543, 892–3, 1165;
and Mill, 570, 747, 837, 838, 892;
Malthusian principle, 582, 890;
Say’s Law and, 622;
monetary theory, 720n, 1075, 1078–9, 1083–4, 1087–8, 1099, 1108–9;
business cycle, 747;

taxation, 765, 945, 1070n;
laissezfaire, 765, 888, 985, 986;
socialism, 765, 833n, 888;
life sketch, 834–40;
and Walras, 837, 839, 952;
econometrics, 840;
economic sociology, 889;
statistics, 962, 1093;
consumers’ rent, 1061–2, 1070;
welfare economics, 1069–70
Distribution theory:
marginal productivity, 920–24, 941–2, 996n, 1032–3, 1042–3;
wage theory, 923–4, 940, 943;
Index of authors 1193
interest theory, 638–9, 659, 720n, 926, 1083;
rent theory, 671n, 674n, 934, 935, 937;
profits, 646, 720n, 893–4, 1045, 1048–9;
quasirent, 634n, 647, 671n, 678–9, 894, 995, 1045
Methodology:
partial analysis, 836, 959, 990–98;
general analysis, 483, 836, 920n, 994, 995, 996;
statics, 836–7, 966, 1161;
dynamics, 840;
stationary state, 966;
macroanalysis, 997;
role of time, 995n, 1029n, 1045, 1172
representative firm, 997n, 1045;
merger of business and general economics, 945;
role of theory, 954n
Production theory:

factors of production, 557, 1000n;
and Mill’s, 570;
increasing and decreasing returns, 259, 585, 587, 1070n;
real cost theory, 660, 923–4, 1057;
prime and supplementary costs, 1045;
increasing and decreasing costs, 892, 982, 985, 1045, 1070n;
internal and external economics, 568, 995n, 1045, 1046;
monopoly theory, 960, 977–8, 1049;
oligopoly theory, 982, 983, 984, 985;
monopolistic competition in, 840, 975, 1150;
pure competition, 972, 974, 986;
Keynes on, 1045–6;
loose ends in, 1045;
substitution, 917n, 995
Value theory:
normal price, 189, 592–3;
on Smith’s, 307–8;
supply-demand theory, 482, 921–2;
and Ricardo’s, 594–5, 837, 919, 921n;
marginal utility theory, 826, 836, 837, 910, 919, 921–4, 1056–7, 1060, 1061–2, 1071;
law of satiable wants, 910;
on Jevons’ and Austrians’, 920–24;
on utilitarianism in, 1056–7;
demand analysis, 991–2, 996
Marshall, Dorothy, 271
Marshall, Mary Paley, 834
Marsilius of Padua, 92
Martello, Tullio, 1081
Martínez de la Mata, Francisco, 168, 170
Marx, Karl, idealogical bias in, 35–8, 439;

on semi-socialists, 139;
on Petty, 210n;
and Quesnay, 238, 391, 566n;
difficulty of subdividing work, 383–4;
life sketch, 386n;
erudition in, 387;
Index of authors 1194
early achievement of essentials, 388–9;
and Smith, 309, 389, 648–9;
and Hegel, 392, 414, 438;
on bourgeois radicalism, 395, 455n, 559n;
sociology, 389, 433, 439, 440;
and Ricardo, 390, 595n, 596–8, 649, 654, 681, 682n, 683, 685;
on Utopian socialism, 454–5, 480;
and Proudhon, 457;
Hodgskin as precursor, 479;
on Malthus, 481, 583, 651;
on Ramsay, 488;
on Say, 491, 628n;
and Rodbertus, 506;
and Roscher, 508;
on Mill, 531;
effect on Sombart, 818;
Bortkiewicz on, 851n, 933n;
and Tugan-Baronowsky, 1126n.
See also Marxist System
Mason, Edward S., 456, 461, 471, 612
Mason, Otis Tufton, 787
Massie, Joseph, 184, 331, 375
Mataja, Victor, 895

Matthias, Johann, 202
Maunier, René, 786
Maurer, Georg Ludwig von, 426
Mauvillon, Jakob, 224, 228
Maverick, L.A., 224
Mayo-Smith, Richmond, 1089
Medina, Juan de, 101, 272
Mehring, Franz, 386, 389
Meitzen, August, 810
Melon, Jean François, 174, 299
Mendel, Gregor Johann, 444
Menger, Anton, 480
Menger, Carl, and Galiani, 301;
on methodology, 777, 814;
and Mill and Smith, 827, 892;
life sketch, 827;
and Marshall, 837;
and Böhm-Bawerk, 844, 845, 846–7;
and Wicksell, 862;
monetary analysis, 1085–6
Distribution theory:
marginal analysis in, 912–13, 915, 916, 941–2;
substitution in, 917n, 995n;
wage theory, 940;
interest theory, 656n, 846, 925;
rent theory, 934
Production theory:
capital concept, 846, 899, 901
Value theory:
Index of authors 1195

marginal utility in, 301, 813, 827, 837, 848, 910, 912–13, 918, 984, 1055–6, 1060;
and Galiani’s, 301;
Wieser and, 848;
in barter economy, 911;
and Schmoller, 813;
on isolated exchange, 984
Menger, Karl, 587, 588, 1037
Menghin, Oswald, 786
Mercado, Tomás de, 95, 101
Mercier de la Rivière, P P., 223, 225
Mering, Otto, 615
Messedaglia, A., 511, 519, 583, 856–7, 1081
Metzler, Lloyd A., 1009, 1149, 1184
Meunier, Francis, 95
Meyer, Rob., 898
Mill, James, 254, 408, 412, 429, 432, 436, 447, 470–72, 476, 478, 491, 519, 527–8, 536, 559, 560,
570–71, 581, 592, 595, 621, 637, 641, 648, 657, 663, 668–9, 676, 683, 703, 795
Mill, John Stuart, associationist psychology, 120, 447, 450, 529n;
empiricism, 121;
savings and investment, 325, 572, 573, 620–21, 641, 642, 643, 659, 724–5, 747;
role in classical period, 380, 444n, 527, 533;
role in neo-classical period, 849, 887, 889;
philosophical radicalism, 395, 430, 528;
and utilitarianism, 408, 411, 430, 457, 528, 775;
and socialism, 457, 531, 532;
life sketch, 527–33;
value judgments, 541;
economic sociology, 532, 887, 889;
theory of economic development, 542, 543, 571, 572, 640–41, 662, 685;
on laissez-faire, 548;

on justice, 547n;
population theory, 571, 581;
cost theory, 603–4, 660, 676n, 917;
business cycle analysis, 747
Distribution theory:
divorce from production theory, 543;
interest theory, 530, 603, 639, 654, 659, 660, 662, 720n;
profits theory, 646, 893, 894;
rent theory, 560–61, 604, 671–2, 673n, 675, 676, 677;
wage theory, 546, 641–3, 667n, 669–71, 685
Filiations with:
Turgot, 325, 642;
Smith, 189, 545, 642;
Ricardo, 475, 478, 487, 529, 530, 560–61, 570, 603, 604, 654, 676, 677, 710;
Malthus, 530, 581;
Marx, 531, 747;
Say, 529–30, 569, 620–21, 654;
Senior, 484, 530, 569, 654;
Thornton, 719, 722, 733;
Cairnes, 533–4;
Rae, 469;
Porter, 521n;
Index of authors 1196
Jevons, 826;
Marshall, 570, 837, 838, 921, 1083n;
Menger, 827;
Wicksell, 863
International trade theory:
infant-industry argument, 505;
reciprocal demand, 608–9, 611–15;

monetary aspects, 731–3;
unilateral payments, 738, 1107
Methodology:
statics and dynamics, 417, 563;
stationary state, 562;
deduction, 452, 537;
historical relativity, 544;
equilibrium, 563, 609, 623;
isolation and abstraction, 537–8;
common experience, 577;
expectations, 721n, 747
Monetary theory:
metallist, 289;
on free coinage, 298;
on hoarding, 620, 622, 705;
summarizer of previous work, 689–90;
credit in, 699n, 704, 718n, 720n, 722, 726, 747;
distrust of index numbers, 701;
cost of gold and value of money, 702;
quantity theory, 704–5, 711;
lack of originality, 706;
as bullionist, 710–11, 1083n;
on monetary management schemes, 715;
in international trade theory, 731–2, 733, 738;
as imperfectly systematized, 1080;
Marshall’s and, 1083n.
See also, above, Distribution theory, interest theory
Production theory:
divorce from distribution theory, 543;
competition in, 545n, 546, 976n;

entrepreneur in, 556–7;
3-factor schema, 560;
capital, 561, 632n, 640–45, 659;
and Say’s, Senior’s, Ricardo’s, Marshall’s, 569–70;
law of diminishing returns in, 581, 672;
and Walras’, 1010n
Value theory:
necessary price, 189;
compromise between Ricardo’s and Say’s, 530;
failure to present first, 542–3;
customary prices, 546;
definition of value, 589;
defects in, 603;
and Ricardo’s, 603, 604;
utility and difficulty of attainment, 603, 912n;
Index of authors 1197
cost-of-production theory, 603;
supply-demand theory, 603–4;
and international trade theory, 611–15;
elimination of rent from, 673n
Works:
Autobiography, 528;
Essays on Some Unsettled Questions, 529;
On Liberty, 430, 528;
Logic, 449–52, 529, 530;
Principles, 382n, 444n, 449–51, 521n, 527–8, 530, 541–4;
Representative Government, 430
Miller, Harry E., 718, 739, 745
Millerand, Alexandre, 762
Milles, Thomas, 344, 362

Mills, John, 743
Mints, Lloyd Wynn, 718, 729, 1111
Mirabeau, Victor Riquetti, Marquis de, 175, 218, 223, 225, 227, 231, 239, 255, 256
Mises, Ludwig von, 63, 288, 701, 745, 844, 989, 1076, 1086–7, 1090, 1099, 1120–22, 1154, 1164
Misselden, Edward, 345–6, 350, 353, 355, 358, 361, 365
Mitchell, W.C., 1092, 1104, 1123–4, 1163–6
Mitscherlich, Eilhard Alfred, 588
Mixter, Charles Whitney, 469, 846
Modigliani, Franco, 1023, 1179, 1180, 1182
Mohl, Robert von, 159, 381
Moivre, Abraham de, 960
Molina, Luis de, 95–9, 101, 103, 105–6, 109–10, 112
Molinaeus, see Dumoulin, Charles
Molinari, Gustave de, 661, 841, 866
Mollien, François Nicolas, Comte, 402
Mombert, Paul, 584
Mommsen, Theodor, 425–6
Moncada, Sancho de, 168
Monroe, A.E., 95, 170, 194, 198, 239, 311
Montanari, Augusto, 179
Montanari, Geminiano, 292, 314
Montchrétien, Antoyne, 167, 359
Montesquieu, Charles Louis, 135, 136, 137, 184, 232, 253, 297, 389, 434, 537, 706
Moore, Henry Ludwell, 213, 876–7, 956, 958, 961–2, 967, 973, 994, 1133, 1161
Morandi, Carlo, 164
More, Sir Thomas, 206, 207, 305, 326, 979
Morellet, André, 123, 138, 389
Moret, Jacques, 957
Morgan, Conwy Lloyd, 797
Morgan, Edward Victor, 690

Morgan, Lewis Henry, 787
Morgenstern, Oskar, 305, 381, 1140
Morley, John Morley, Viscount, 398–9, 403
Morrow, G.R., 183
Mortimer, John, 157
Moser, Johann Jakob, 159
Möser, Justus von, 172
Müller, Adam Heinrich, 421–2, 428
Index of authors 1198
Müller, Johannes Peter, 446, 796
Mun, Sir Thomas, 196, 283, 314, 337, 350, 351, 353, 356–8, 361, 363–5, 764
Muratori, Ludovico Antonino, 364
Myrdal, Gunnar, 1085, 1117, 1173

Nasse, Erwin, 1104
Nazzani, Emilio, 512
Nearing, Scott, 947
Nef, John U., 148
Neisser, Hans, 1109
Nell-Breuning, Ostwald von, 765
Neuman, John von, 305, 968, 1140
Newcomb, Simon, 865–6, 1108, 1115
Newmarch, William, 520, 524, 690
Newton, Isaac, 5, 20, 30, 118, 185, 990
Neymarck, Alfred, 248
Nichol, A.J., 958
Nicholls, Sir George, 271
Nicholson, J.S., 533, 830, 1076, 1081
Nicolini, Fausto, 300
Niebuhr, Barthold Georg, 426

Nitti, Francesco Saverio, 764
Nitzsch, Karl Wilhelm, 783
Nogaro, Bertrand, 1104
Nordenskiöld, Erik, 788
Norman, George Warde, 726, 745
North, Sir Dudley, 184, 196, 231, 328, 363, 365, 369–70, 375–6
North, Roger, 275
Norton, John Pease, 1080
Novalis, see Hardenberg, Friedrich von
Nowak, Jerzy, 349

Obrecht, Georg von, 165
O’Brien, G.A.T., 83, 516, 534, 655, 716
O’Connor, Michael J.L., 514
Oertman, Paul, 70
Ohlin, B., 612, 732, 1085, 1107, 1173, 1178
Oncken, August, 225, 228, 244
Opie, Redvers, 486
Oppenheimer, Franz, 140, 458, 583, 854–6, 890, 935, 965, 1154
Oresme, Nicole, 94, 99, 100
Ortes, G., 177, 178, 255, 259, 272, 293, 586
Ortiz, Luiz, 165, 194, 209
Osorio, Antonio, 957
Osse, Melchior von, 16;
Ostwald, Wilhelm, 388
Otte, Gerhard, 939
Overstone, Samuel Jones Loyd, 699–700, 704, 725–7, 739, 742–6, 1123
Owen, Robert, 455, 506

Paccioli, Luca, 156

Index of authors 1199
Paley, William, 131, 256
Palgrave, R.H.Inglis, 690, 1080
Palmer, John Horsley, 697–8, 744
Palmieri, Giuseppe, 177
Palmieri, Mattheo, 162, 202
Pantaleoni, Maffeo, 510, 512, 829, 856–7, 859, 956, 967, 1082
Paoletti, Ferdinando, 373
Papillon, Thomas, 361
Paracelsus, see Hohenheim, T.B.von
Pareto, Vilfredo, and Sorel, 774n;
Mind and Society, 759n;
and Walras, 829, 858, 860–61, 888n, 952, 1062, 1142;
pointed beyond self, 840, 962, 1148, 1160;
and Austrian school, 850;
Paretian school, 855, 858;
sociology of, 859;
law of income distribution, 859, 961;
indifference curves, 859, 1044;
life sketch, 859–61;
as peculiar liberal, 860, 888;
as positivist and laicist, 860;
value theory, 860;
economic man in, 887n;
interest theory, 925, 968;
rent theory, 938n, 1050;
impression of originality, 953n;
on statistical implementation of theory, 962;
on competition, 972n, 973, 986;
duopoly, 981n, 982n;

theory of socialism, 986, 987;
on partial analyses, 991;
on cardinal and ordinal utility, 1003, 1062, 1063–4, 1142;
on marginal productivity, 1035, 1039;
on interpersonal comparisons, 1071;
and modern theory of consumers’ behavior, 1148;
and dynamics, 1160
Parieu, Félix Esquitou de, 1075–6
Parsons, Talcott, 80, 889
Paterson, William, 376
Patinkin, D., 1023
Patten, Simon Nelson, 876
Paulus, Julius, 70, 311
Pearson, Karl, 776, 790, 961
Pecchio, Giuseppe, 512
Peel, Sir Robert, 155, 398, 399, 616, 693–5, 699–700, 711, 718, 723, 725–31
Pegolotti, Francesco Balducci, 156
Péreire, Jacob Émile, 295, 321, 462
Péreire, Isaac, 295, 321, 462
Peri, Giovanni Domenico, 157
Persons, Warren M., 1165
Perwuschin, S.A., 1155, 1158
Pesch, Heinrich, S.J., 765
Index of authors 1200
Petrarca, Francesco (Petrarch), 162
Petty, Sir William, as a theorist, 211;
unoriginality of, 213;
on velocity of money, 213, 316–17;
income analysis, 213;
relation of land and labor values, 214;

on value, 214;
on division of labor, 214;
interest theory, 215, 329;
on produced means of production, 217n;
and Cantillon, 218;
population theory, 219, 251, 253, 256, 258;
rent theory, 264;
wage theory, 267;
metallist theory of money, 290;
on seignorage, 298;
protectionism and unemployment, 350;
export surplus and multiplier, 359;
use of term ‘cycle,’ 742n
Petyt, William, 197, 251, 347, 350
Peuchet, Jacques, 138
Pfeiffer, Johann Friedrich von, 228
Phelps Brown, E.H., see Brown, E.H.Phelps
Philanglus, see Petyt, William
Philippovich, Eugen von, 241, 547, 844, 850, 853, 948
Phillips, Chester Arthur, 1116
Phinney, J.T., 1101
Picard, Alfred Maurice, 949
Picard, Roger, 266
Pierson, Nicolas Gerard, 861, 931
Pierstorff, Julius, 895
Pietri-Tonelli, Alfonso de, 858, 859
Pigou, A.C., 351, 650, 703, 790, 833, 834, 859, 942, 943–6, 948–9, 956, 966, 976, 978, 983, 986,
994, 1045, 1047, 1069–70, 1084, 1090, 1099, 1106, 1116, 1125, 1135, 1144, 1151, 1164
Pinto, Isaac de, 327
Pirenne, Henri, 83

Pirou, Gaëtan, 843, 857, 859
Place, Francis, 453, 581
Plato, 54, 55, 56, 57, 59, 206, 207
Playfair, William, 526
Plekhanov, Georgii Valentinovich, 878
Pliny the Elder, 67
Pöhlmann, Robert von, 55
Poincaré, Jules Henri, 15, 776, 828, 1055
Poisson, Simeon-Denis, 448, 961
Pollexfen, John, 184, 196, 242, 329, 346–7, 350, 363–4, 719
Pollock, Sir Frederick, 107
Porta, Giovanna Battista della, 158
Porter, George R., 521
Postlethwayt, Malachy, 157, 184, 372
Potter, Robert, 275
Potter, William, 284, 294
Index of authors 1201