Douglas, Paul Howard (1892–1976)
Born in 1892 in Salem, Massachusetts, Paul Douglas attended Bowdoin College in Maine (BA, 1913) and Columbia University (Ph.D., 1921). After holding a number of teaching posts between 1916 and 1920, he joined the faculty of the University of Chicago where he remained (apart from service in the Second World War) until 1948, when he became a United States Senator from Illinois. After his retirement from the Senate in 1966, he taught at the New School for Social Research for two years (1967–9).
KeywordsAgricultural economics Climacteric (of 1896–1914) Cobb, C. W. Cobb–Douglas functions Douglas, P. H. Phelps Brown, H. Real wage growth
- Wicksell, K. 1900. Marginal productivity as the basis of distribution in economics. Ekonomisk Tidskrift. English trans. in K. Wicksell: Selected papers in economic theory, ed. E. Lindahl. London: Allen & Unwin, 1958.Google Scholar