Economic essays

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Monograph

Identifikator:: 1753623200

URN:: urn:nbn:de:zbw-retromon-136107

Document type:: Monograph

Title:: Economic essays

Place of publication:: New York

Publisher:: Macmillan

Year of publication:: 1927

Scope:: viii, 368 S.; Ill., graph. Darst.

Digitisation:: 2021

Collection:: Economics Books

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Document type:: Monograph

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Title:: John Bates Clark as an economist / Jacob H. Hollander

Collection:: Economics Books

JOHN BATES CLARK AS AN ECONOMIST but failed signally to bridge it. It remained for Clark to press relentlessly forward and to lay this veritable corner-stone of a pure economics. The history of doctrinal thought is largely a succession of dogmatism, criticism and synthesis. Clark began his systematic work at a time when Roscher and Jevons, from quite different directions had given shattering blows to the classical theory. Even after a quieting interval, the effect of the impact was to revive in acute form the old opposition in economic approach, extending as far back as the controversies of Malthus and Ricardo—consumer or producer, demand or supply, utility or cost. Marshall in England and Clark in the United States adjusted the situation in fine spirit of scientific continuity. From their day forth we have heard less of “shunting the car of economic science on to a wrong line.” The shield was seen as a two-sided affair; interpretation corrected textual rigor, and the economic student was freed from a Calvinistic alternative. In all of this Clark’s work was constructive unification, not pallid accord. Disciples carried the process to completion, but the impetus had been imparted. d Clark’s work as an economist has been both the creative activity of a philosopher and the specific service of a scholar. But it ranges wider. For more than a generation he has been a teacher to students, a master to disciples, a critic to fellow crafts- men. In all of these relations he has shown a serenity of mind, a sweetness of manner, a gentleness of spirit that make up “eine schone Seele.” No other among American economists has come so near to founding a “school.” But over and above the impress which sheer intellectuality and rare originality have imparted, has been the contagion of mental tolerance and scientific gener- osity. It is in this spirit that the whole fraternity of political economists, far beyond the small company who here in homage lay before him their offerings, find it a delight to do him honor.

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