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Producer choice and technical unemployment: John E. Tozer's mathematical model (1838)

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  • Paola Tubaro

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.

Suggested Citation

  • Paola Tubaro, 2008. "Producer choice and technical unemployment: John E. Tozer's mathematical model (1838)," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 15(3), pages 433-454.
  • Handle: RePEc:taf:eujhet:v:15:y:2008:i:3:p:433-454
    DOI: 10.1080/09672560802252313
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