This man wrote an article entitled "When Should History be Written Backwards?," which he prefaced with a quote from Balzac's Cousin Pons. Together with John Hicks, he gives his name to a theorem that permits aggregation of sets of goods that have ide
This man wrote an article entitled "When Should History be Written Backwards?," which he prefaced with a quote from Balzac's Cousin Pons. Together with John Hicks, he gives his name to a theorem that permits aggregation of sets of goods that have identical price movements, also known as the composite commodity theorem. Twice he collaborated with Faye Duchin late in life, including a work on Military Spending, and also wrote The Future of the World Economy. He observed that the U.S. is less capital-intensive in exports than imports despite having an abundance of capital, a result known as his paradox, which presented difficulties for the Heckscher-Ohlin model. Still, he remains most famous for a grid that details distribution of production across different sectors of a given economy. FTP, name this Nobel- winning Russian economist who developed input-output analysis.
This man wrote an article entitled "When Should History be Written Backwards?," which he prefaced with a quote from Balzac's Cousin Pons.
Wassily {Leontief}