Dudley Dillard
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Dudley Dillard
Dudley Dillard (October 18, 1913 – August 28, 1991) was an economist and a professor at the University of Maryland from 1942 until his retirement in 1984. Dillard was born in Ontario, Oregon, and graduated from the University of California at Berkeley with a Bachelor of Science in economics in 1935 and a Doctor of Philosophy in Economics in 1940. In 1948, he published '' The Economics of John Maynard Keynes'', which was translated into several languages. Dillard was the recipient of the Veblen-Commons Award in 1986, and served as vice president of the History of Economics Society. He was also a former chairman of the United States Executive Board of the American College in Paris. He is survived by his wife Louisa Gardner, whom he had been married to for 52 years at the time of his death. Professor Dillard is also survived by a daughter, Lorraine Dillard Gray, an educator who taught at Bethesda Elementary School in Bethesda, Maryland. Professor Dillard has one grandson William Dill ...
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The Economics Of John Maynard Keynes
''The Economics of John Maynard Keynes: The Theory of Monetary Economy'' is a non-fiction work by Dudley Dillard which seeks to make ''The General Theory of Employment, Interest and Money'' by John Maynard Keynes John Maynard Keynes, 1st Baron Keynes ( ; 5 June 1883 – 21 April 1946), was an English economist and philosopher whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. Originall ... understandable to both the economist and to the non-economist. It was first published in 1948. In addition to explaining the economic theories of Keynes, Dillard also includes a chapter on Keynes's philosophical development and the “social philosophy toward which it leads.” Throughout the book, Dillard provides summaries and examines Keynes' concepts on employment, income, saving, marginal propensity to consume, the investment multiplier, fiscal policy, postwar inflation, interest, and wages. History Originally publi ...
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Veblen-Commons Award
The Veblen-Commons Award is presented annually by the Association for Evolutionary Economics in recognition of outstanding scholarly contributions to the field of evolutionary institutional economics. It is the Association’s highest honor, named after two key originators of the evolutionary-institutionalist tradition, Thorstein B. Veblen and John R. Commons. Evolutionary institutional economics According to evolutionary institutionalism, economics “is the science of social provisioning.” To be sure, markets are important, but the market system is only one institution that influences the social provisioning process. Moreover, that system can take countless forms and is shaped by history and culture. Thus, understanding culture—how it evolves and its role in economic life—is a foundational element of evolutionary institutionalism. Empiricism is also a vital part of the evolutionary-institutionalist tradition. In fact, along with Veblen and Commons, Wesley C. Mitchell—fo ...
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John Maynard Keynes
John Maynard Keynes, 1st Baron Keynes ( ; 5 June 1883 – 21 April 1946), was an English economist and philosopher whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. Originally trained in mathematics, he built on and greatly refined earlier work on the causes of business cycles. One of the most influential economists of the 20th century, he produced writings that are the basis for the schools of economic thought, school of thought known as Keynesian economics, and its various offshoots. His ideas, reformulated as New Keynesianism, are fundamental to mainstream economics, mainstream macroeconomics. He is known as the "father of macroeconomics". During the Great Depression of the 1930s, Keynes spearheaded Keynesian Revolution, a revolution in economic thinking, challenging the ideas of neoclassical economics that held that free markets would, in the short to medium term, automatically provide full employment, as ...
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Pierre-Joseph Proudhon
Pierre-Joseph Proudhon (, ; ; 1809 – 19 January 1865) was a French anarchist, socialist, philosopher, and economist who founded mutualist philosophy and is considered by many to be the "father of anarchism". He was the first person to call himself an ''anarchist'', using that term, and is widely regarded as one of anarchism's most influential theorists. Proudhon became a member of the French Parliament after the Revolution of 1848, whereafter he referred to himself as a '' federalist''. Proudhon described the liberty he pursued as the synthesis of community and individualism. Some consider his mutualism to be part of individualist anarchism while others regard it to be part of social anarchism.The Anarchist FAQ Collective; McKay, Ian, ed. (2008/2012). ''An Anarchist Faq''. I/II. Oakland/Edinburgh: AK Press. . . Proudhon, who was born in Besançon, was a printer who taught himself Latin in order to better print books in the language. His best-known assertion is that " p ...
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David Ricardo
David Ricardo (18 April 1772 – 11 September 1823) was a British political economist, politician, and member of Parliament. He is recognized as one of the most influential classical economists, alongside figures such as Thomas Malthus, Adam Smith and James Mill. Ricardo was born in London as the third surviving child of a successful stockbroker and his wife. He came from a Sephardic Jewish family of Portuguese origin. At 21, he eloped with a Quaker and converted to Unitarianism, causing estrangement from his family. He made his fortune financing government borrowing and later retired to an estate in Gloucestershire. Ricardo served as High Sheriff of Gloucestershire and bought a seat in Parliament as an earnest reformer. He was friends with prominent figures like James Mill, Jeremy Bentham, and Thomas Malthus, engaging in debates over various topics. Ricardo was also a member of The Geological Society, and his youngest sister was an author. As MP for Portarlington, ...
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Silvio Gesell
Johann Silvio Gesell (; 17 March 1862 – 11 March 1930) was a German-Argentine economist, entrepreneur, and social reformer. He was the founder of (German language, German for "free economy"), an economic model for market socialism. In 1900, he founded the magazine ''The Money and Land Reform'' (), but it soon closed for financial reasons. During his time in Oranienburg, Gesell started the magazine ''Der Physiokrat'' together with . In 1914, it closed due to censorship. In 1916, he published his most famous work, ''The Natural Economic Order''. Gesell is mainly known for his monetary theory. In particular, he noticed that there is an asymmetry between the durability and Hoarding (economics), hoardability of money versus the fragility and depreciation of goods and services that lose value due to entropy and the passage of time. He believed that people who own or hoard money have an unfair economic advantage over people who are dependent on producing and selling decayable goods ...
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Karl Polanyi
Karl Paul Polanyi (; ; 25 October 1886 – 23 April 1964)''Encyclopædia Britannica'' (Chicago: Encyclopædia Britannica Inc. 2003) vol 9. p. 554 was an Austro-Hungarian economic anthropologist, economic sociologist, and politician, best known for his book '' The Great Transformation,'' which questions the conceptual validity of self-regulating markets. In his writings, Polanyi advances the concept of the Double Movement, which refers to the dialectical process of marketization and push for social protection against that marketization. He argues that market-based societies in modern Europe were not inevitable but historically contingent. Polanyi is remembered best as the originator of substantivism, a cultural version of economics, which emphasizes the way economies are embedded in society and culture. This opinion is counter to mainstream economics but is popular in anthropology, economic history, economic sociology and political science. Polanyi's approach to the ancie ...
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1913 Births
Events January * January – Joseph Stalin travels to Vienna to research his ''Marxism and the National Question''. This means that, during this month, Stalin, Hitler, Trotsky and Tito are all living in the city. * January 3 – First Balkan War: Greece completes its Battle of Chios (1912), capture of the eastern Aegean island of Chios, as the last Ottoman forces on the island surrender. * January 13 – Edward Carson founds the (first) Ulster Volunteers, Ulster Volunteer Force, by unifying several existing Ulster loyalism, loyalist militias to resist home rule for Ireland. * January 18 – First Balkan War: Battle of Lemnos (1913), Battle of Lemnos – Greek admiral Pavlos Kountouriotis forces the Turkish fleet to retreat to its base within the Dardanelles, from which it will not venture for the rest of the war. * January 23 – 1913 Ottoman coup d'état: Enver Pasha comes to power. February * February 1 – New York City's Grand Central Te ...
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1991 Deaths
This is a list of lists of deaths of notable people, organized by year. New deaths articles are added to their respective month (e.g., Deaths in ) and then linked below. 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 1986 Earlier years ''Deaths in years earlier than this can usually be found in the main articles of the years.'' See also * Lists of deaths by day * Deaths by year (category) {{DEFAULTSORT:deaths by year ...
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