Charles Cobb (economist)

Paul H. Douglas while lecturing at Amherst College in Massachusetts.^[1] In 1928, Charles Cobb and Paul Douglas published a study in which they modeled the growth of the American economy during the period 1899–1922. They considered a simplified view of the economy in which production of output is determined by the amount of labor involved and the amount of capital used. While there are many other factors affecting economic performance, their model proved to be remarkably accurate. He also authored a number of books and pamphlets in his time including, 'The asymptotic development for a certain integral function of zero order,' in 1913, while working to attain his doctorate in Mathematics.^[2]