Intellectual Influences on Allyn Young

Ramesh Chandra

Chapter 2 in Allyn Abbott Young, 2020, pp 33-68 from Palgrave Macmillan

Abstract: Abstract This chapter discusses intellectual influences on Young. He was a Ph.D. student of Richard Ely, who in turn was a student of Karl Knies, and Young was influenced by both. He was attracted to Ely’s ‘look and see’ method and commended Knies for not succumbing to the temptation of deciphering universal laws from historical studies. Young was also influenced by Adam Smith’s theory of growth and cast it in terms of cumulative causation. Young used Marshall’s Principles of Economics in class but made his own modifications and additions. He used Marshall’s concept of external economies and Veblen’s concept of cumulative causation in his theory of growth. He commended the English political economy for its method.

Date: 2020
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:gtechp:978-3-030-31981-6_2

Ordering information: This item can be ordered from
http://www.palgrave.com/9783030319816

DOI: 10.1007/978-3-030-31981-6_2

Access Statistics for this chapter

More chapters in Great Thinkers in Economics from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().