Fred M. Taylor
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Fred Manville Taylor (July 11, 1855, Northville, Michigan – August 7, 1932) was a U.S. economist and educator best known for his contribution to the theory of market socialism. He taught mostly history at Albion College from 1879 to 1892. He taught in the department of economics at University of Michigan from 1892 to 1929 after receiving his Ph.D. in political philosophy there in 1888. His Principles of Economics (1911) went through 9 editions.[1] Of a libertarian ideology, he was noted as a clear and rigorous expositor of economic theory in the partial-equilibrium lineage of Alfred Marshall.[2]
In his
Abba Lerner and Oscar Lange in the following decade and anticipated in mathematical form by Enrico Barone in 1908.[4][5]
Notes
- ^ *F.M. Taylor ([1911] 1925, 9th ed.). Principles of Economics. Chapter-preview links (1921, 8th ed.).
- The New Palgrave: A Dictionary of Economics, v. 4, pp. 611–12.
- ^ Fred M. Taylor (1929). "The Guidance of Production in a Socialist State," American Economic Review, 19(1), p p. 1-8, reprinted in On the Economic Theory of Socialism (1938) and Socialism and the Market: The Socialist Calculation Debate Revisited (2000), p p. 1-8.
- JSTOR 2551426.
- ^ M. H. I. Dore and M. C. Kaser (1984). "The Millions of Equations Debate: Seventy Years after Barone, Atlantic Economic Journal, p p. 30-44.
Bibliography
- Fred Manville Taylor (1891). The Law of Nature.
- Fred Manville Taylor (1896). Do We Want an Elastic Currency?.
- Fred Manville Taylor (1907). Some Readings in Economics: Prepared for the Use of Students in Course I, Political Economy, University of Michigan. G. Wahr.
- Oskar Lange; Benjamin Evans Lippincott; Fred Manville Taylor (1964) [1938]. On the economic theory of socialism. McGraw-Hill. ISBN 9780070362598.
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