‘Our daily bread’: Maurice Potron, from Catholicism to mathematical economics

Autor:	Wilfried Parys, Christian Bidard, Guido Erreygers
Rok vydání:	2009
Předmět:	History and Philosophy of Science Economics General Arts and Humanities Economics Econometrics and Finance (miscellaneous) Social question Perron frobenius jel:B3 Mathematical economics Encyclical Potron Just prices Just wages Catholic doctrine Perron-Frobenius Hawkins-Simon Duality Linear model of production Social question Code (semiotics)
Zdroj:	The European journal of the history of economic thought
ISSN:	1469-5936 0967-2567
DOI:	10.1080/09672560802707456
Popis:	Maurice Potron (1872–1942) is a French Jesuit and mathematician whose main source of inspiration in economics is the encyclical Rerum Novarum. With virtually no knowledge in economic theory, he wrote down a linear model of production in which he formalized the notions of just prices and just wages. As early as 1911, he used the Perron–Frobenius theorem to prove the existence of a positive solution and established a duality result between the quantity side and the price side of the model. He returned to economics in the 1930s, but in both periods he failed to make a lasting impression upon economists. JEL Classification Code: B3
Databáze:	OpenAIRE
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