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
edit- ^ 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.
- ^ 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.
- ^ 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.
- ^ 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
edit- William T. Foster; Waddill Catchings (1923). Money. Boston and New York: Houghton Mifflin Company. Retrieved 9 October 2024 – via Internet Archive.
- William T. Foster; Waddill Catchings (1925). Profits. Boston and New York: Houghton Mifflin Company. Retrieved 9 October 2024 – via Internet Archive.
- William T. Foster; Waddill Catchings (1928). Business without Buyer. Boston and New York: Houghton Mifflin Company. Retrieved 9 October 2024 – via Internet Archive.
- William T. Foster; Waddill Catchings (April 1926). "The Dilemma of Thrift". The Atlantic. 137 (4): 533–543. Retrieved 9 October 2024.
- William T. Foster; Waddill Catchings (1928). The Road to Plenty (2nd ed.). Boston and New York: Houghton Mifflin Company. Retrieved 9 October 2024 – via Internet Archive.
- Hayek, F. A. (1939). ""The Paradox" of Saving". Profits, Interest and Investment and Other Theories of Industrial Fluctuations. London: Routledge & Kegan Paul Limited. pp. 199-264 – via Internet Archive.
- Hayek, F. A. (1995). ""The Paradox" of Saving". In Caldwell, Bruce J. (ed.). The Collected Works of F. A. Hayek: Contra Keynes and Cambridge: Essays and Correspondence. Vol. IX. Chicago: The University of Chicago Press. pp. 74–120. ISBN 0-226-32065-0.
External links
edit- Works by or about Foster and Catchings at the Internet Archive
- "Foster and Catchings". The History of Economic Thought Website. Retrieved 9 October 2024.
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