Subtitle of this chapter: Participants in the doctoral thesis defense meeting

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"Dingling..."

Friday morning, April 29, 1921.

Dongmu City, Dongmu College... No, New York City, New York University, Vice President James Bryant Conant's Office.

NYU's vice principal picked up the phone on his desk and said, "I'm James, where are you..."

He looked solemn and said respectfully: "Mr. Clark, it's a privilege to receive your call..."

If this educator is so respectful, then the "Mr. Clark" on the other end of the phone is naturally John Bates Clark.

Do you still remember that this tenured professor at Columbia University is the Taishan Beidou in the American economics community.

He was actually born in the UK and later came to the United States with his parents and attended Amherst College in Massachusetts.

This name may be a bit strange to ordinary Cialis, but it is one of the best liberal arts colleges in America or one of the best liberal arts colleges.

In the ranking of the national liberal arts colleges, it is second only to the best Williams College in the United States.

Like the NYU Arts and Sciences College where Ms. Tang Baokun studied, this college is also a certain aristocratic school.

In the 21st century, the tuition fee for undergraduates in Amherst College costs 400,000 to 500,000 yuan in one academic year... If you don't get a full scholarship, you will definitely not be able to study for a poor person.

After finishing his undergraduate degree in the United States, Clark went to Germany to study economics and studied under the representative of the history school, Carl Kness.

This man also has his own place in the history of Western economics. Even in the 21st century, Cyris was one of the test points for adult self-study examinations. Just in this regard, you can know how important Master Kness is.

Therefore, you must have a good teacher in the academic circle.

Therefore, it is really necessary to introduce the masters of economics to explain their sects.

What I heard was that from 1872 to 1875 when Clark followed Kness to study in the research class, Eugen von Pombavik and Friedrich von Visele, among the three giants of the Austrian school, also came to Heidelberg and became students of Kness. (Author’s note: The introduction of the three giants of the Austrian school can be seen in Volume 2, Chapter 9 and Chapter 10)

Therefore, as far as the economics school is concerned, although Carl Kness belongs to the German historical school, his theory also has a profound influence on the Austrian and American marginalist schools.

After Clark returned to the United States, he became interested in socialism and communist theories. Therefore, it is amazing that he was the first generation of professional researcher of communist theory in the United States.

However, he still could not accept Uncle Ma's theory of labor value, and later independently proposed the theory of marginal utility, so he became a pioneer of the North American marginalist school.

This old guy can really be called the number one person in the American economics industry in the early 20th century. Otherwise, how could the most important American Economics Society Award be named after him?

So why did the marginalist school become popular in the capitalist world in the early twentieth century?

Because this school of scholars regards society as the sum of individuals, this definitely echoes the most popular individualism at that time.

This is the importance of philosophy. The popularity of a certain school in the humanities caters to the overall social trend at that time.

Speaking of our Master Yuan, if he really founded the "Yuan (Kai) Yan (En) Shu (Si) School" in 1921, he would not have been able to get anything good.

Keynes himself did not propose macroeconomic theory until the Great Depression more than ten years later. At that time, everyone found that individuals could not fight the economic crisis, so he became popular.

But in a few decades, as the free world achieved victory in the Cold War, individualism and marginal schools were in full swing again.

Yuan Yan couldn't wait for more than ten years, so he became a member of the marginalist school, and thus gained a different look from the number one person in the American economics industry.

Master Yuan will also take over Master Clark's banner and continue to carry forward marginalism.

"Mr. Clark, you have also read Mr. Yuan's "Socialism"..."

"So you want to attend Mr. Yuan's doctoral thesis defense meeting?! Of course! How could we disagree?"

Vice President Bonante, who was surprised, had an idea and immediately invited him: "Do you have the intention to become the chairman of this defense meeting?"

"Okay, OK, this is the honor of our NYU and Mr. Yuan. I think he will agree! I would like to thank you for your care on his behalf. See you then."

With a "clang", the vice president put down the receiver and said happily to Professor Irving Adams and Professor Yulian Chandler in the office: "Gentlemen, you have heard it too. Mr. Clark will personally serve as the chairman of this doctoral thesis defense meeting!"

The two NYU economics professors showed a confused expression of joy and regret on their faces. They were happy to teach Master Yuan that he was attracted by the American economics community. Unfortunately, they could not be the chairman of the defense meeting.

In fact, the three of them are also discussing the doctoral thesis defense meeting here. It is now at the end of April, and the academic year will end in another month, so the thesis defense meeting will naturally be held in May.

However, with the academic status of Professor Adams and Professor Chandler, there is no way to compete with Mr. Clark. The two of them had to say in unison: "That's great..."

At this moment, the phone rang again on the desk.

"Dingling..."

"I'm Conant, you're..."

"Mr. Irving Fisher, are you also interested in attending Mr. Yuan's thesis defense meeting?"

"Oh, why did I say that... it's because Mr. Clark has promised to be the chairman of this defense."

"That's fine, that's fine, we'll notify you then."

After receiving a call from this Yale University professor, Vice President Conant was very promiscuous. In fact, Irving Fisher will also be very promiscuous in the future because he made this call.

After all, our Master Yuan is a good person, and he is a good person to miss others.

Now someone comes to help him bless the value of his doctoral thesis, so he will help the founder of mathematics and economics in the future and will not completely bankrupt Mr. Fisher.

Well, Yuan Yanshu actually considered the reputation of economists and his Los Angeles school.

Just imagine, if a well-known economics master fails to trade stocks and can't even afford the rent, it will cause unnecessary misunderstandings among the general public.

During the Great Depression, Irving Fisher lost nearly 10 million US dollars... It was right, in 1930, even the savings of his wife, sister and other relatives were lost.

Finally, when he got to Yale University, he had to buy his house and rent it to him to live in so as not to be driven out by the creditor.

"Bang", the vice principal put down the receiver again and was about to turn around to tell the two professors the second good news, the phone on the table rang for the third time...
Chapter completed!