Allyn Young (1876-1929) was a deep thinker and achieved fame during
his lifetime. His fame owes more to his style and influence as a
teacher than his published work. His greatest fame as an author
rests on a single economic paper on increasing returns and economic
progress but he contributed much more as a mentor to his graduate
students such as Frank Knight, Edward Chamberlin, and Lauchlin
Currie at Harvard and to the undergraduate Nicholas Kaldor at the
London School of Economics. He shot into international fame for his
role as a member of the American delegation led by President
Woodrow Wilson to negotiate peace at Paris after WWI. However,
recent interest in Young is more due to his thought than to his
contribution to the economics profession or public service. At the
time of his death, he was working on two treatises, one on Money
and the other on Economics. The one on Money was at a fairly
advanced stage but no trace of either was found in his family's
hasty departure from London after his untimely death. There is a
general dearth of published material about Young, his thought and
his life. His economic thought, apart from his views on growth
theory and monetary economics, is relatively unknown. This volume
offers a thematic approach to his contributions and biography.
General
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