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The Analysis of Linear Economic Systems: Father Maurice Potron's Pioneering Works

Author

Listed:
  • Christian Bidard

    (EconomiX - EconomiX - UPN - Université Paris Nanterre - CNRS - Centre National de la Recherche Scientifique)

  • Guido Erreygers

Abstract

English translation and scientific edition of Maurice Potron's (1872-1942) economic works. Potron is a French mathematician and a Jesuit whose economic model is inspired by the social doctrine of the Church. As early as 1911, Potron sketched an ambitious disaggregated economic model which aims at determining prices, activity levels, levels of employment, etc., and is directed towards the search of just prices and just wages. His later works aimed at developing the model, at studying its properties and at considering the possibility of its implementation. Long before any other economist, Potron conceived inut-output analysis, used the Perron-Frobenius theorem and proved a duality property. He also invented the so-called "Hawkins-Simon" criterion. A 60-page introduction gives biographical details and provides an account of Potron's familial, social, religious, historical and intellectual environment. It also clarifies the model itself by making use of a modern formalization. Preface by Paul A. Samuelson.

Suggested Citation

  • Christian Bidard & Guido Erreygers, 2010. "The Analysis of Linear Economic Systems: Father Maurice Potron's Pioneering Works," Post-Print hal-03094455, HAL.
    • Handle: RePEc:hal:journl:hal-03094455
    as

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    Cited by:

    1. Oslington, Paul, 2022. "The Economics Of Bernard Lonergan: Context, Modeling, And Assessment," Journal of the History of Economic Thought, Cambridge University Press, vol. 44(2), pages 182-204, June.
    2. PARYS, Wilfried, 2018. "Labour values and energy values," Working Papers 2018006, University of Antwerp, Faculty of Business and Economics.
    3. PARYS, Wilfried, 2013. "All but one: How pioneers of linear economics overlooked Perron-Frobenius mathematics," Working Papers 2013030, University of Antwerp, Faculty of Business and Economics.

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