biography
| sex:
| male
|
| lived:
| (1867–1947)
|
| biography:
| Economist, born in Saugerties, New York, USA. One of the most colourful economists, he is remembered for his brilliant and enduring exposition of economic theory. From 1892 until his retirement in 1935, he taught at Yale University. His contributions include crystallizing the distinctions between stocks and flows, clarifying the science of accounting at the individual level, and for explaining the economy as a whole. His invention of a visible index file system led to considerable financial success, but he suffered heavy losses in the stock market crash of 1929. In his later years he also became known for his promotion of nutritional cures for diseases. |
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