Measurement, Quantification, and Economic Analysis: Numeracy in Economics

By Ingrid H. Rima | Go to book overview

NOTES

This chapter began as a special lecture given to the Silver Jubilee Conference of the Indian Econometrics Society held at Bangalore in January 1988. I am grateful to the President of the Indian Econometrics Society, Professor N. Srinivasa Iyengar, for encouraging me to look at the history of econometrics. The original address was read carefully and commented upon by Professors Ingrid Rima and A. W. Coats, and Dr Eric Sowey. None of the above should be held responsible for what I have made of their suggestions.

1
See his article on “Econometrics” in The New Palgrave (1987).
2
“Econometrics”, International Encyclopaedia of the Social Sciences.
3
See for references on the history of mathematics the following standard treatises: Smith (1951, 1953); Boyer (1968); Struik (1967); Bell (1937).
4
See Neyman (1976:158-9).
5
For a knowledge about the hoary past of the literature on probability, one can do no more than refer to the following: David (1962); Pearson and Kendall (1970); Kendall and Plackett (1977).
6
This is not to deny the existence of other great social statisticians in the nineteenth century like Le Play, Charles Booth, to name two, but Quetelet was the pioneer. See Lazarsfeld (1961).
7
This process of the professionalization of mathematics in the nineteenth century has been dealt with at great length in the papers of Hodgkin, Schneider and Schubring in Mehrtens et al. (1981).
8
Dirk Struik (1981:139-40n. ). The utilitarian approach to mathematics cannot be minimized. Dr Struik in a recent paper has observed: “The search for information in connection with markets and imperial expansion brought scholars to explore the east. This brought Rosen, Woepcke and the Sedillots to the study of Arabic mathematics, Colebrooke and Strachey to the mathematics of the Hindus. With Biot and Aylie begins the modern study of Chinese mathematics. See Struik (1981:20).
9
See Meek (1962:375n. ). It was not until 1955 that Quesnay’s Tableau Economique was translated into the form of a three-industry closed Leontief model by the conjectural data provided in the model. This was possible because of the close affinity between Quesnay’s and Leontief’s models both of which emphasize the union between theory and statistical data. See Phillips (1955:137ff. ).
10
See Say ([1821] 1964: xxvii n. ).
11
See Schabas (1985).
12
See Smolinski (1973).
13
Schumpeter (1954:955).
14
Economic Journal (December 1926): 651.
15
For an exhaustive survey of estimates and a statistical description of national income from Sir William Petty onwards, see Studenski (1958).
16
Hull (1899:244).
17
See Enders (1985).
18
On Playfair, see Tufte (1983). See also Fitzpatrick (1960).
19
See Royston (1956).
20
See Stigler (1954).
21
See Stigler (1954; 1962), Humphrey (1973), Cargill (1974), Koergaard (1984), Christ (1985).
22
See Rietz (1927:3).
23
Porter (1986:164).

-209-

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