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Fri Mar 31 17:18:34 2006
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----------------- HES POSTING ----------------- 
 
Here my research result concerning this year's anniversaries, for anyone 
who is looking for inspiration or just for an opportunity to celebrate. 
 
400 Years ago, in 1601, Gerard de Malynes (ca. 1560-1641) published "A 
Treatise of the Canker of England's Common Wealth", which contains a pretty 
clear statement of the specie-flow-mechanism. 
 
350 years ago English philosopher Thomas Hobbes (1588-1679) published his 
"Leviathan, or the matter, form, and power of a commonwealth" 
 
250 years ago, in 1751, Italian economist Ferdinando Galiani (1728-87) 
published (anonymously and predated to 1750, see Niehans 1990) his "Della 
Moneta". 
 
200 years ago, one of the leading physiocrats, Pierre-Paul Mercier de la 
Rivière (1720-1801) died (or was it in 1793, as some sources say?). In the 
same year, the French economist and journalist Claude Frédéric Bastiat 
(1801-1850) and the French pioneer in mathematical economics 
Antoine-Augustin Cournot (1801-1850) were born. 
 
150 years ago, two of the principal members of the Austrian school of 
economics were born, Eugen von Böhm-Bawerk (1851-1914) and Friedrich von 
Wieser (1851-1926). So was Swedish economist and pioneer in monetary theory 
Johan Gustaf Knut Wicksell (1851-1926). 
 
100 years ago, Friedrich von Gottl-Ottlilienfeld published his "Die 
Herrschaft des Wortes. Untersuchungen zur Kritik des nationalökonomischen 
Denkens" (Jena 1901). Eduard Bernstein (1850-1932), the "father of 
revisionism", published his "Zur Geschichte und Theorie des Sozialismus" 
(1901). German economist Friedrich August Lutz (1901-1975) and Russian 
economist and Nobel Laureate (1971) Simon Kuznets (1901-1985) were born. 
 
75 years ago, Francis Ysidro Edgeworth (1845-1926) died. Piero Sraffa 
(1898-1983) published "The Laws of Returns under Competitive Conditions" 
(1926), which "was destined to produce the English branch of the theory of 
imperfect competition" (Schumpeter). Another famous paper published in 1926 
was Dennis Holme Robertson's (1890-1963) "Banking Policy and the Price 
Level" 
 
50 years ago, Kenneth Jospeh Arrow made his name with the publication of 
his doctoral thesis "Social Choice and Individual Values" (1951), stating 
the famous "impossibility theorem" 
 
25 years ago, Maurice Herbert Dobb (1900-1976), "the foremost Marxist 
economist of the Western world trhough the 1930s, '40s and '50s" (Blaug), 
and Paul H. Douglass (1892-1976), co-father of the Cobb-Douglas production 
function, died. Friedrich August von Hayek (1899-1922) published 
"Denationalisation of Money" (1976). Gary S. Becker published "The Economic 
Approach to Human Behavior" (1976). Robert E. Lucas published "Econometric 
Policy Evaluation: A Critique", stating the "Lucas critique". Jospeh E. 
Stiglitz and S. J. Grossman published "Information and Competitive Price 
Systems". Milton Friedman received the Nobel Memorial Price in Economics 
"for his achievements in the fields of consumption analysis, monetary 
history and theory and for his demonstration of the complexity of 
stabilization policy" 
 
 
Thomas Moser 
 
 
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