Word: leontiefs
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...most carefully guarded files in the Littauer Building is a folder of eighty odd sketches of members of the Economics Department by Professor Wassily Leontief. The secretaries of the building regard the collection jealously as theirs by right of salvage; after each conference one of them Leontief's memorandum pad, date it, and add it to the series. "Not many professors know about it," says the current holder. "But some of them sneak in once in a while to see themselves...
...secretary tried to complete the gallery by sketching Leontief himself during one of his lectures. She had to give up; "He moves too fast," she said. On and off the lecture platform, Leontief walks with a quick and jaunty stride; he talks with the same compelling enthusiasm. A friend, remarking on the fact that Leontief usually nurses one drink through a cocktail party, pointed out: "It takes everyone else two or three drinks to reach the same state of ebullience he's in all the time...
...Leontief came to Harvard with the understanding that he could begin research on what has become famous as "input-output" economics, which studies the inter-relationships of the commodity-flows among the various sectors of the economy. The terms of his initial small grant were pessimistic; one clause provided, "Mr. Leontief will report even if he fails." "They wanted at least a memorandum for their money," he recalls...
...within the economy that would serve as the basis of quantitative economic laws. For ten years he collected data, aided only by a single assistant. In order to have a manageable theory that could encompass the whole economy, and that could absorb the masses of detailed statistics already available, Leontief had to work with assumptions considerably cruder and more restrictive than most economists were willing to accept. He had to bet that the advantages of examining all industries at once would compensate for the lack of sublety. These advantages could not appear until the data was virtually complete; meanwhile, there...
Foreign Aid and U.S. Economy: Professor Wassily W. Leontief, Professor Charles P. Kinderberger, in Sever...