Abstract
Lorie Tarshis died in Toronto on 4 October 1993. By his death the profession has lost an eminent member, one who was an independently-minded, enthusiastic, original and lucid Keynesian. Tarshis was reared on the Treatise of Money by Wynne Plumptre at the University of Toronto. He attended the lectures by Keynes in the 1930s at which The General Theory took shape; and in his Cambridge PhD dissertation, Tarshis (1939a), he saw the required connections between the imperfect competition revolution contained in Joan Robinson’s 1933 book and Richard Kahn’s lectures on the economics of the short period (to which he went), on the one hand and the systemic analysis of The General Theory, on the other.
Originally published in The Economic Journal, vol. 105, September, 1995, 1244–55. I am most grateful to Omar Hamouda, Joan Harcourt, Susan Howson, Peter Nolan, Walter Salant, Tibor Scitovsky, Hans Singer, Inga Tarshis, Bob Wallace and Gavin Wright for their comments on a draft of this essay. I hope they will forgive me for not taking on board all their suggestions.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Arestis, P. and M. C. Sawyer (1992) A Biographical Dictionary of Dissenting Economists (Cheltenham: Edward Elgar).
Boskin, M. J. (ed.) (1979) Economics and Human Welfare. Essays in Honour of Tibor Scitovsky (New York: Academic Press).
Dixon, H. and N. Rankin (1991) ‘Imperfect Competition and Macroeconomics: A Survey’, Warwick Economic Research Papers, November, 1–52, i–vi.
Dore, M. H. I. and L. Tarshis (1990) ‘The LDC Debt and the Commercial Banks: A Proposed Solution’, Journal of Post Keynesian Economics, Spring, vol. 12, 452–65.
Hamouda, O. F. and B. B. Price (1992) ‘Lorie Tarshis (born 1911)’, in Arestis and Sawyer (1992), 571–8.
— and J. N. Smithin (eds) (1988) Keynes and Public Policy after Fifty Years, vol. 2, Theories and Methods (Aldershot: Edward Elgar).
Harcourt, G. C. (1993) Post-Keynesian Essays in Biography (London: Macmillan).
— and P. A. Riach (eds) (1997) A ‘Second Edition’ of The General Theory, 2 vols (London: Routledge).
Kahn, R. (1989) The Economics of the Short Period (Basingstoke: Macmillan). The 1983 Italian translation is L’Economia del Breve Periodo (Turin: Bogingheri).
Kalecki, M. (1990) Collected Works, Vol. I, Capitalism, Business Cycles and Full Employment. Edited by Jersy Osiatynski (Oxford: Clarendon Press).
Keynes, J. M. (1930) A Treatise on Money, 2 Vols (London: Macmillan), Collected Writings, Vols V and VI, 1971.
— (1936) The General Theory of Employment, Interest and Money (London: Macmillan), Collected Writings, Vol. VII, 1973.
Mankiw, N. G. and D. Romer (eds) (1991) New Keynesian Economics vol. 1, Imperfect Competition and Sticky Prices, vol. 2 Coordination Failures and Real Rigidities (Cambridge, Mass: MIT Press).
Marris, R. (1991) Reconstructing Keynesian Economics with Imperfect Competition (Aldershot: Edward Elgar).
Pasinetti, L. L. (1994) ‘The Principle of Effective Demand’, Milano, mimeo (draft of a chapter for Harcourt and Riach, vol. 1, (1997)).
Pincus, J. J. (1994) ‘With Lorie Tarshis at the Robert Louis Stevenson School for Boys, Del Monte Forest, Summer 1967. A Memoire by J. J. Pincus’, mimeo, Adelaide.
Robinson, J. (1933) The Economics of Imperfect Competition (London: Macmillan).
Rymes, T. K. (1989) Keynes’s Lectures 1932–35. Notes of a Representative Student (London: Macmillan).
Scitovsky, T. (1994) ‘Towards a Theory of Second-Hand Markets’, Kyklos, vol. 47, 33–52.
Sraffa, P. (1926) ‘The Laws of Returns under Competitive Conditions’, Economic Journal, vol. 36, December, 535–50.
— (1930) ‘A Criticism’ and ‘A Rejoinder’ in ‘Increasing Returns and the Representative Firm: A Symposium’, Economic Journal, vol. 40 (March) 89–92, 93.
Targetti, F. and B. Kinda-Hass (1982) ‘Kalecki’s Review of Keynes’s General Theory’, Australian Economic Papers, vol. 21, December, 244–60.
Tarshis, L. (1938) ‘Real Wages in the United States and Great Britain’, Canadian Journal of Economics and Political Science, vol. 4, August, 362–76.
— (1939a) ‘The Determinants of Labour Income’, unpublished PhD dissertation (Cambridge: Cambridge University Library).
— (1939b) ‘Changes in Real and Money Wages’, Economic Journal, vol. 49, March, 150–4.
— (1947) The Elements of Economics. An Introduction to the Theory of Price and Employment (Boston: Houghton Mifflin), 2nd edition, 1966.
— (1948) ‘An Exposition of Keynesian Economics’, American Economic Review, vol. 48, May, 261–72.
— (1955) Introduction to International Trade and Finance (New York: John Wiley; London: Chapman & Hall).
— (1979) ‘The Aggregate Supply Function in Keynes’s General Theory’, in Boskin A. (1979), 361–92.
— (1980) ‘Post-Keynesian Economics: A Promise that Bounced?’ American Economic Review, vol. 70, May, 10–4.
— (1984) World Economy in Crisis. Unemployment, Inflation and International Debt (Toronto: James Lorimer).
— (1988) ‘The International Debt of the LDCs’, in Hamouda and Smithin (1988), 183–93.
— (1989) ‘Keynes’s Co-operative Economy and the Aggregate Supply Function’, Chapter 2 of John Pheby (ed.), New Directions in Post-Keynesian Economics (Aldershot: Edward Elgar), 1989, 35–47.
— et al., (1938) An Economic Program for American Democracy. Vanguard Press.
Torr, C. (1994) ‘User Cost’, Pretoria, mimeo (draft of a chapter for Harcourt and Riach, vol. 1 (1997)).
Author information
Authors and Affiliations
Copyright information
© 2001 G.C. Harcourt
About this chapter
Cite this chapter
Harcourt, G.C. (2001). Lorie Tarshis, 1911–1993: In Appreciation. In: 50 Years a Keynesian and Other Essays. Palgrave Macmillan, London. https://doi.org/10.1057/9780230523319_7
Download citation
DOI: https://doi.org/10.1057/9780230523319_7
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-4039-8760-0
Online ISBN: 978-0-230-52331-9
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)