En 1941 Wassily Leontief
publico el libro The Structure of the American Economy 1919-1929, con seis capitulos reunidos en tres partes.
Averell Harriman, John Kerry, Wassily Leontief
, Margaret Mead, Paul Volcker and Kenneth Waltz, among others.
And her father, Jerry, was blacklisted in the 1950s from any defense-related industries because someone reported to the McCarthy crowd that he owned a copy of Political Economy, by Wassily Leontief
. Since then, they have participated in a range of left-liberal causes.
Gerhard Herzberg, Henry Kendall, Wassily Leontief
, Arthur Schawlow, and Glenn Seaborg are gone, too, but not according to the A&E Biography.
Joseph Schumpeter, Harvard's brilliant economist and social prophet, was to debate with Paul Sweezy on "The Future of Capitalism." Wassily Leontief
was in the chair as moderator, and the Littauer Auditrium could not accommodate the packed house.
PROFESSOR WASSILY LEONTIEF
, the founder of input-output (I-O) accounts, died last month.
No wonder that Wassily Leontief
, Nobellaureate and past president of the American Economics Association, criticizes the profession for having constructed such elaborate theoretical structures on so narrow and shallow a factual foundation.(6)
Embodied factor flows can be computed and appraised with a methodology first developed by Wassily Leontief
. The idea, as he formulated it, was to compute the embodied factor content of standard units of imports and exports (a dollar's worth) to evaluate domestic opportunity costs at the margin.
When economic historians write this century's story, they no doubt will mention the insights of Lord Keynes, the free-market musings of Milton Friedman, the econometric models of Wassily Leontief
, and the portfolio theories of Harry Markowitz.
Under the third objective, which was to show "the condition of modern economics," Wassily Leontief
argues that the state of economics has declined since the time of Adam Smith.
A computer model of the effects of automation on workers, developed by Nobel Laureate Wassily Leontief
and colleagues at the Institute for Economic Analysis in the 1980s, concluded that the demand for clerical and service employees, as well as semi-skilled and unskilled workers, is going to diminish rapidly in the wake of the new high-tech innovations.