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Re: Richard Goodwin



re: Richard Goodwin
     I am sure there are others more qualified than I to comment
on this very original figure in economic thought.  Last I heard
he was still alive and enjoying himself in Siena, after many
years at Cambridge.
     Original claim to fame, "Thn Nonlinear Acclerator and the
Persistance of Business Cycles," _Econometrica_. 1951, 19, 1-17.
     Most famous paper in which he explicitly modeled a business
cycle as being driven by class struggle dynamics mathematized as
a biological predator-prey model (very metaphoric, yes, his politics
have been quite to the left over the years),
"A Growth Cycle," in C.H. Feinstein, ed. _Socialism, Capitalism and
Economic Growth_, 1967, Cambridge U. Press.
     Ecological Implications, "Wicksell and the Malthusian Catastrophe,"
_Scandinavian Journal of Economics_, 1978, 80, 190-198.
     Hot Schumpeterian Long Wave Speculations, "The Economy as an
Evolutionary Pulsator," _Journal of Economic Behavior and Organization_,
1986, 7, 341-349.
     Most recently a book on chaos theory in economics put out by
Oxford U. Press, I believe in 1992.
     As they say, he is (or was the last time I saw him) a real
gentleman and a scholar, if these are not damning words.  Like P.
Sraffa, his output has been very spare, but unfailingly creative and
original.  Implications for PKT?  a good question.
Barkley Rosser
James Madison University


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