Foster and Catchings

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.

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.

Further reading


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