With much delay but hopefully still of interest, here are the 2005
anniversaries I managed to track down:
300 years ago, John Law (1671-1729) published _Money and Trade Considered
with a Proposal for Supplying the Nation with Money_ (1705). And supplying
the nation with money he did, 11 years later when he got a chance the
implement his idea in France. Also in 1705 Bernard de Mandeville
(1670-1733) published _The Grumbling Hive: Or Knaves Turn'd Honest_ which
he later extended to his _Fable of the Bees_ (1714).
250 years ago, German cameralist Johann Heinrich Gottlob von Justi
(1717-1771) published _Staatswirtschaft, oder systematische Abhandlung
aller ökonomischen und Kameralwirtschaften, die zur Regierung eines Landes
erfordert werden_ (1755). The same year also saw the publications of
Francis Hutcheson's (1694-1746) _System of Moral Philosophy_ and of
Richard Cantillon's (1680-1734) _Essay on the Nature of Commerce in
General_ (posthumously).
200 years ago, in 1805, the bullionist debate was on the way, with Henry
Brooke Parnell (1776-1842) publishing _The Principles of Currency and
Exchange_ and James K. Maitland, Earl of Lauderdale, (1759-1839)
publishing some _Thoughts on the Alarming State of the Circulation_.
Meanwhile, Charles Hall (c. 1740-1820) anticipated Marxist ideas in _The
Effects of Civilization on the People in European States_.
150 years ago, the early English historicist Richard Jones (1790-1855)
died while the German "pre-neoclassical" economist Hans Karl Emil von
Mangoldt (1824-68) published _Die Lehre vom Unternehmergewinn_ (The theory
of entrepreneurial profit, 1855).
100 years ago, Juglar Clement (1819-1905) died, while Heinrich von
Stackelberg (1905-1946), William John Fellner (1905-1983) and Richard F.
Kahn (1905-1989) were born. The same year, 1905, saw the publication of
Arthur Cecil Pigou's (1877-1957) _Principles and Methods of Industrial
Peace_, Georg Friedrich Knapp's (1842-1926) _Staatliche Theorie des
Geldes_ (The State Theory of Money), Karl Marx's _Theorien über den
Mehrwert_ (Theories of Surplus Value, published by Karl Kautsky), and Max
Weber's (1864-1920) _Die protestantische Ethik und der Geist des
Kapitalismus_ (The Protestant Ethic and the Spirit of Capitalism).
75 years ago, Silvio Gesell (1862-1930), Karl Bücher (1847-1930) and Frank
P. Ramsey (1903-1930) died. Irving Fisher (1867-1947) published _The
Theory of Interest_, John Maynard Keynes (1883-1946) _A Treatise on
Money_, Gunnar K. Myrdal (1898-1987) _The Political Element in the
Development of Economic Theory_ (in Swedish, English 1953), Roy Forbes
Harrod (1900-1978) "Notes on Supply," and Werner Sombart (1863-1941) "Die
drei Nationalökonomien" (1930).
50 years ago, the Cowles Commission moved to form the University Chicago to
Yale University and James Tobin took over as director of the renamed
Cowles Foundation. In the same year, in 1955, Lawrence Klein (b. 1920)
published the first econometric model of the US, _An Econometric Model of
the United States, 1929-1952_ (with A.S. Goldberger), which contributed to
the Nobel Memorial Prize he would receive exactly 25 years later. Also in
1955, William Arthur Lewis (1915-91) published his _Theory of Economic
Growth_, James Edward Meade (1907-1995) _Trade and Welfare_, _The Case for
Variable Exchange Rates_, and the second volume of _The Theory of
International Economic Policy_ (1951-55). James Tobin published _A Dynamic
Aggregative Model_, Gustaf Akerman (1888-1959) the first volume of
_Structures et cycles economique_ (1955-57), Bent Hansen _The Economic
Theory of Fiscal Policy_ (1955, English 1958), Herbert A. Simon
(1916-2001) _A Behavioral Model of Rational Choice_ and Ragnar Frisch
(1895-1973) "The Mathematical Structure of a Decision Model."
25 years ago, Lloyd A. Metzler (1913-1980) and Arthur M. Okun (1928-1980)
died, and Lawrence R. Klein received the Noble Memorial Prize "for the
creation of econometric models and the application to the analysis of
economic fluctuations and economic policies."
Thomas Moser
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