Producer choice and technical unemployment: John E. Tozer's mathematical model (1838)
Tools
Tools
Tubaro, Paola (2008) Producer choice and technical unemployment: John E. Tozer's mathematical model (1838). European Journal of the History of Economic Thought, 15 (3). pp. 433-454. ISSN 1469-5936 (electronic) 0967-2567 (paper)
![[img]](http://gala.gre.ac.uk/style/images/fileicons/application_pdf.png)
| PDF - Accepted Version Download (133kB) | Preview |
Abstract
The paper presents Tozer's study of the effects of the mechanization of productive activities on employment as an effort to devise a mathematical model, as an analytical method that would be more general and robust than Ricardo's numerical examples. The contradictory nature of this achievement is emphasized: while with the help of algebra Tozer made significant progress in model building in economics, it is argued that his contribution to a deeper understanding of the phenomenon under study is much less satisfactory, due to the difficulties he faced in his effort to incorporate consumption and demand into a classical analytical framework.
| Item Type: | Article |
|---|---|
| Additional Information: | This is an electronic version of an article published in Tubaro, P. (2008). Producer choice and technical unemployment: John E. Tozer's mathematical model (1838). The European Journal of the History of Economic Thought, 15(3), 433-454. doi:10.1080/09672560802252313. The European Journal of the History of Economic Thought is available online at: http://www.informaworld.com/smpp/title~db=all~content=t713698194. |
| Uncontrolled Keywords: | J. E. Tozer, D. Ricardo, producer choice, machinery, technical unemployment, mathematical modeling, history of economics |
| Subjects: | H Social Sciences > HB Economic Theory |
| School / Department / Research Groups: | School of Business > Centre for Business Network Analysis |
| Related URLs: | |
| Last Modified: | 31 Mar 2011 16:19 |
| URI: | http://gala.gre.ac.uk/id/eprint/5430 |
Actions (login required)
| View Item |