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Eugen (Evgeny Evgenievich) Slutsky

In: Russian and Western Economic Thought

Author

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  • Jean-Sébastien Lenfant

    (Université Paris 1 Panthéon-Sorbonne)

Abstract

Eugen Slutsky is well-known to any graduate student in economics for two landmark articles and two operational concepts bearing his name, one in the field of consumer and utility theory (“the Slutsky equation”), the other in the field of the theory of cycles, introducing autonomous and exogenous causes in the analysis of macroeconomic fluctuations (“the Slutsky–Yule effect”). Because of the historical and political circumstances he had to cope with in Ukraine and then in Russia and in the USSR, Slutsky was prevented from devoting himself fully to mathematical economics. He only published a handful more of articles dealing with economics. Over the last twenty years, researchers in Europe, Ukraine, and Russia have been involved in making his contributions to mathematics and economics better known. By now, we get a clearer picture of Slutsky’s views on economics, and we know his network of connections with Western scholars who contributed to draw attention to his work. This essay highlights Slutsky’s lasting importance in economics, focusing on the fate of his major and lesser-known works.

Suggested Citation

  • Jean-Sébastien Lenfant, 2022. "Eugen (Evgeny Evgenievich) Slutsky," Springer Studies in the History of Economic Thought, in: Vladimir Avtonomov & Harald Hagemann (ed.), Russian and Western Economic Thought, pages 193-234, Springer.
    • Handle: RePEc:spr:spshcp:978-3-030-99052-7_10
    DOI: 10.1007/978-3-030-99052-7_10
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