Arbeitspapier
Understanding the bitterness of Wassily Leontief: Intention and reception of input-output techniques, 1940s-1950s
Leontief was and still is one of the most recognized names in economics, inextricably linked to the development of input-output techniques, but throughout his life he remained fiercely critical of other economists' works and of the state of economic science. To understand his bitterness, we go back to the root of the split between Leontief and the rest of the economics profession, through an examination based on new archival material of the debates that took place in the late 1940s. We show that these debates were concerned with the core of the practice of economists, the conduct of economic policy and the relation between rational individuals and the economy as a whole. From his input-output model, conceived as an operational theory of economic interdependencies, Leontief drew a specific approach to economic policy and planning which had a lot of success with government agencies, explaining how he could durably sustain his split from the profession.
- Language
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Englisch
- Bibliographic citation
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Series: CHOPE Working Paper ; No. 2022-04
- Classification
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Wirtschaft
- Subject
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Input-Output-Analyse
Wirtschaftspolitik
Wirtschaftstheorie
- Event
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Geistige Schöpfung
- (who)
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Carret, Vincent
- Event
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Veröffentlichung
- (who)
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Duke University, Center for the History of Political Economy (CHOPE)
- (where)
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Durham, NC
- (when)
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2022
- DOI
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doi:10.2139/ssrn.4070884
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Carret, Vincent
- Duke University, Center for the History of Political Economy (CHOPE)
Time of origin
- 2022