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Tue Mar 11 15:07:31 2008 |
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<001601c88395$6079f430$1c5b7e86@J8515H8DJZB1> |
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Folks,
The person who first drew a supply and demand diagram with P on the
vertical axis was Karl Heinrich Rau, not "Johannes" Rau, as I mistakenly
wrote earlier. It was in the second edition of his Grundzatze der
Volkwirthschastlehre, published in 1841 (first edition, 1826).
He was one of the German "proto-neoclassicals." A good source on them
is Erich W. Streissler, "Rau, Hermann and Roscher: contributions of
German economics around the middle of the nineteenth century," European
Journal of the History of Economic Thought, September 2001, vol. 8,
issue 3, pp. 311-331.
Sorry about the incorrect first name.
Barkley Rosser
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