Foster and Catchings

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Foster and Catchings refers to two American economists of the 1920s, William Trufant Foster and Waddill Catchings, who worked extensively together and hence are often referred to as a pair. [1] [2] [3] The two met as undergraduate classmates at Harvard University. [4] They were the leading pre-Keynesian economists, in the underconsumptionist tradition, advocating similar issues to John Maynard Keynes such as the paradox of thrift and economic interventionism.

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References

  1. ↑ Hayek, Friedrich A. (November 1929). "Gibt es einen "Widersinn des Sparens"?: Eine Kritik der Krisentheorie von W. T. Foster und W. Catchings mit einigen Bemerkungen zur Lehre von den Beziehungen zwischen Geld und Kapital". Zeitschrift für Nationalökonomie / Journal of Economics. 1 (3): 387–429. JSTOR   41792291.
  2. ↑ Hayek, F. A. von (May 1931). "The "Paradox" of Saving". Economica (32). Translated by Kaldor, Nicholas; Tugendhat, Georg: 125–169. doi:10.2307/2547921. JSTOR   2547921.
  3. ↑ Gleason, Alan H. (1959). "Foster and Catchings: A Reappraisal" . Journal of Political Economy. 67 (2): 156–172. doi:10.1086/258158. ISSN   0022-3808. JSTOR   1825391. S2CID   153358804.
  4. ↑ Barber, William J. (1988). From New Era to New Deal: Herbert Hoover, the Economists, and American Economic Policy, 1921-1933. Cambridge University Press. p. 208. ISBN   978-0-521-36737-0.

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