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Societies for the History of Economics

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Subject:
From:
Mason Gaffney <[log in to unmask]>
Reply To:
Societies for the History of Economics <[log in to unmask]>
Date:
Mon, 16 Nov 2009 08:15:51 -0500
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Barkley Rosser writes, inter alia, that Faustmann:

"... was
firmly entrenched in a German language tradition
that covered a variety of closely related topics,
with little of this having any influence on the
related English language literature until a wave
of translations occurred, mostly in the 1950s." (snip)

It's a provocative hypothesis, but I doubt it because in the late 19th
Century a German higher education was the height of fashion in several
fields, especially economics. Ely, Clark, Gilman, and other twig-benders of
American grad work in economics had German degrees. Nicholas Murray Butler
was quite thick with Kaiser Wilhelm II. Austrian economics was debated pro
and con, e.g. between Clark and B-Bawerk. Howard S. Ellis in the 1920's
wrote on German monetary theory, and exchange controls in central Europe.

Some believe that Faustmann's fellow foresters spurned him because his ideas
evoked shades of Ricardo, a Jew. I vaguely recall reading something like
that 60 years ago, but have not been able to rediscover the source, which
has disappeared like The Lost Chord of Arthur Seymour Sullivan, and may be a
false memory.

Mason Gaffney

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