Richard M. Goodwin: 1913-1996
Article Abstract:
The early works of economist Richard M. Goodwin was influenced by his mentors at Harvard, notable among them is Lauchlin Currie and Harrod, whose flawed insights into the workings of economic growth in his 'Trade Cycle' publication motivated Goodwin to follow up on oscillations as the basis for economic growth. Goodwin's quest for the explanation of economic growth even had him turning to the biological sciences for inspiration, as evidenced by his reliance on the Lotka-Voltarre model used extensively to model predation.
Publication Name: Economic Journal
Subject: Economics
ISSN: 0013-0133
Year: 1998
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David M. Gordon: economist and public intellectual (1944-1996)
Article Abstract:
The late professor David M. Gordon was one of America's foremost figure in the field of economics. Gordon, who died of congestive heart failure on March 16, 1996, was greatly responsible in revolutionizing the economic belief of the democratic left during a period characterized by the left-Keynesian policy. In his last book entitled 'Fat and Men', Gordon challenged traditional wisdom regarding the American economy by presenting quantitative evidences coming from economists and the general public.
Publication Name: Economic Journal
Subject: Economics
ISSN: 0013-0133
Year: 1998
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Controversy: on modelling the long run in applied economics
Article Abstract:
The issue on modeling the long run in applied economics is addressed by three top econometricians Andrew Harvey, Hashem Pesaran and Clive Granger. The econometricians were selected based on their reputation in applied and theoretical time series econometrics. Granger presents the major issues on modeling the long run in applied macroeconomics. He also contends the importance of pre-testing in a step-by-step method to co-integration analysis.
Publication Name: Economic Journal
Subject: Economics
ISSN: 0013-0133
Year: 1997
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