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Subject:
From:
Duncan Foley <[log in to unmask]>
Reply To:
Societies for the History of Economics <[log in to unmask]>
Date:
Mon, 4 Jun 2012 09:40:04 -0400
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The person who probably knows as much about Goodwin's intellectual life as anyone is Vela Velupillai.

Duncan

On Jun 3, 2012, at 11:12 PM, Alan Freeman wrote:

> According to my father, Goodwin struck a deal with Schumpeter in which he
> undertook to teach Schumpeter math, if Schumpeter taught him economics. This
> is an anecdotal story though confirmation would be interesting. I can see no
> evidence of the exchange in Schumpeter's work, but I get the impression that
> Schumpeter was more inclined towards teaching than learning.
> 
> A
> 
> 
> -----Original Message-----
> From: Societies for the History of Economics [mailto:[log in to unmask]] On
> Behalf Of michael perelman
> Sent: June-03-12 6:05 PM
> To: [log in to unmask]
> Subject: Re: [SHOE] Schumpeter: another Samuelson question
> 
> Despite his association with the Econometric Society, Schumpeter did not
> uses models and theorems; besides, Samuelson's work was not amenable to
> models and theorems.
> 
> Richard Goodwin, another modeler was also very close with Schumpeter.
> 
> I cannot see how Samuelson could benefit much from Schumpeter's work, even
> if he appreciated it intellectually.
> 
> On Sun, Jun 3, 2012 at 10:28 AM, Alan Freeman <[log in to unmask]> wrote:
>> I have a further question about Samuelson, in connection with an 
>> article I am writing. This deals with Schumpeter’s influence on 
>> economists. My perhaps superficial reading of a selection of some 50 
>> of Samuelson’s best-known articles yields surprisingly few references to
> Schumpeter.
>> 
>> 
>> 
>> Samuelson was clearly fond of Schumpeter, and acknowledged his debt to 
>> a ‘master’. Yet he seems diffident to extremes about making any 
>> rounded assessment of Schumpeter’s contribution to economic theory. I 
>> have found no assessment that compares, for example, with his extended
> dismissal of Marx.
>> 
>> 
>> 
>> Does anyone know of a place where Samuelson makes a systematic attempt 
>> to consider Schumpeter’s ideas – particularly on Business Cycles, but 
>> also on technology and the entrepreneur, not to mention the history of 
>> thought or the large number of other areas in which Schumpeter 
>> considered he had something to say?
>> 
>> 
>> 
>> Alan
>> 
>> 
>> 
>> 
>> 
>> From: Societies for the History of Economics [mailto:[log in to unmask]] On 
>> Behalf Of M.E.G.M.Rol
>> Sent: June-03-12 2:21 AM
>> To: [log in to unmask]
>> Subject: Re: [SHOE] Two Samuelson Questions
>> 
>> 
>> 
>> As to Michael's point 1: Should it not be 'Sraffans'?
>> 
>> 
>> 
>> I have seen it quoted too, once, but I do not recall when or where. 
>> Nor what he wanted to say with it.
>> 
>> 
>> 
>> The obvious place to look for such a quote would be the very last 
>> section of his 'Foundations', in the enlarged edition of 1983, 
>> because, there, Samuelson tries to weigh the several criticisms of 
>> Marx's assessment of the development of the rate of profit. Among 
>> other things, Sraffa's neokeynesianism is compared with von 
>> Böhm-Bawerk's marginalist orientation in anti-marxist critique. The 
>> section is called 'Leontief-Sraffa-Marx input-output systems' and, 
>> although it is part of the mathematical appendix, it gives a lot of verbal
> assessment of the schools of thought.
>> 
>> (Samuelson warns not to approach the merit of economic schools 
>> ideologically but merely follow the logic of the economics involved. 
>> This is indeed what Samuelson did. Perhaps this is what makes us 
>> Sraff(i)ans? )
>> 
>> 
>> 
>> Anyways, if he ever came to this conviction before 1983 he would have 
>> written it here.
>> 
>> So I checked but did not see it. If he ever said it, I would guess it 
>> was after 1983.
>> 
>> 
>> 
>> Menno Rol.
>> 
>> 
>> 
>> On 03-06-12, michael perelman <[log in to unmask]> wrote:
>> 
>> 1. Did Samuelson ever  say "We are all Sraffians Now"?  I have my 
>> doubts but have seen it quoted.
>> 2. Where can I learn what Samuelson and Solow did at MIT's Rad Lab?
>> 
>> --
>> Michael Perelman
>> 
>> 
> 
> 
> 
> --
> Michael Perelman
> Economics Department
> California State University
> Chico, CA
> 95929
> 
> 530 898 5321
> fax 530 898 5901
> http://michaelperelman.wordpress.com

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