During the 20th century, a number of economists more or less independently developed ideas associated with input-output analysis, activity analysis, modeling the economy as a self-sustaining circular flow, and the revival of classical political economy. I think of:
- Leonid Kantorovich: The Soviet economist who shared the 1975 Nobel Memorial Prize in Economic Sciences with Tjalling Koopmans.
- Wassily Leontief: Always emphasized developing an empirically operational version of these ideas.
- Father Maurice Potron: I stumbled across two references to him. I know nothing otherwise about his work.
- Walter Isard: Extended input-output analysis to regional economics.
- Richard Stone: Developed the idea of a Social Accounting Matrix and conventions for national income accounting.
- Jacob Schwartz: Criticized the mainstream economics of his time on the basis of linear economic models.
- Piero Sraffa: Criticized the mainstream economics of his time on the basis of linear economic models.
- John Von Neumann: A mathematician, not an economist.
I wonder how many make connections between the scholarly literature building on the work of each of these researchers. I am not at all sure anybody explicitly and consciously built on Potron or Schwartz.References
- Wassily W. Leontief (1936). Quantitative Input and Output Relations in the Economic Systems of the United States, Review of Economic Statistics, V. 18, N. 3 (Aug). pp. 105-125.
- Walter Isard (1951) Interregional and Regional Input-Output Analysis: A Model of a Space-Economy, Review of Economics and Statistics, V. 33, No. 4 (Nov.): pp. 318-328.
- Jacob T. Schwartz (1961). Lectures on the Mathematical Method in Analytical Economics, Gordon and Breach.
- Piero Sraffa (1960). Production of Commodities by Means of Commodities: A Prelude to a Critique of Economic Theory, Cambridge University Press.
- J. Ricard N. Stone (1966). The Social Accounts from a Consumer Point of View, Review of Income and Wealth, V. 12, Iss. 1 (Mar.): pp. 1-33. [I HAVEV'T READ THIS OR ANYTHING ELSE BY STONE]
- John von Neumann (1945-1946) A Model of General Economic Equilibrium, Review of Economic Studies, V. 13, No. 1: pp. 1-9.