Robertsonian Economics: An Examination of the Work of Sir D. H. Robertson on Industrial Fluctuation

Robertsonian Economics: An Examination of the Work of Sir D. H. Robertson on Industrial Fluctuation

Robertsonian Economics: An Examination of the Work of Sir D. H. Robertson on Industrial Fluctuation

Robertsonian Economics: An Examination of the Work of Sir D. H. Robertson on Industrial Fluctuation

Excerpt

This book is not intended as a full biography of Sir Dennis Holme Robertson. It is an examination of the most important aspect of his work as an economist — his theory of industrial fluctuation; but before this examination is undertaken it is necessary to survey the background against which Robertson put forward his views on economics. This task can only be accomplished by providing a brief biography.

It is now 62 years since Robertson's first book was published. This contained the skeleton of his theory of industrial fluctuation, a theory which he held throughout his lifetime, and which was suitably covered with flesh in the multitude of publications which followed to his death in 1963.

He was born in 1890, the youngest of six children and the son of the Headmaster of Haileybury School. The Robertsons originated from Scotland and had for generations been principally clergymen or schoolmasters. In the year Dennis Robertson was born, his father resigned from his post at Haileybury and became a country parson at Whittlesford in Cambridgeshire. In many ways Dennis Robertson benefitted from this move, for his father was able to devote himself to his childrens' education. In 1902 . . .

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