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Walter Isard (April 19, 1919 – November 6, 2010) was a prominent American
economist An economist is a professional and practitioner in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this field there are ...
, the principal founder of the discipline of
regional science Regional science is a field of the social sciences concerned with analytical approaches to problems that are specifically urban, rural, or regional. Topics in regional science include, but are not limited to location theory or spatial economics, ...
, as well as one of the main founders of the discipline of
peace studies Peace is a concept of societal friendship and harmony in the absence of hostility and violence. In a social sense, peace is commonly used to mean a lack of conflict (such as war) and freedom from fear of violence between individuals or groups. ...
and
Peace economics Peace economics is a branch of conflict economicsSilwal, Shikha B., Charles H. Anderton, Jurgen Brauer, Christopher J. Coyne, and J. Paul Dunne. (2021). The Economics of Conflict and Peace: History and Applications. Cambridge, UK: Cambridge Univer ...
.


Life and contributions

Born on April 19, 1919 in
Philadelphia Philadelphia, often called Philly, is the largest city in the Commonwealth of Pennsylvania, the sixth-largest city in the U.S., the second-largest city in both the Northeast megalopolis and Mid-Atlantic regions after New York City. Sin ...
, Isard graduated with honors at the age of 20 from
Temple University Temple University (Temple or TU) is a public state-related research university in Philadelphia, Pennsylvania. It was founded in 1884 by the Baptist minister Russell Conwell and his congregation Grace Baptist Church of Philadelphia then called ...
. He next went to
Harvard University Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of highe ...
, studying under
Alvin Hansen Alvin Harvey Hansen (August 23, 1887 – June 6, 1975) was an American economist who taught at the University of Minnesota and was later a chair professor of economics at Harvard University. Often referred to as "the American Keynes", he was a ...
and Abbott Usher, who stimulated his interest in
location theory Location theory has become an integral part of economic geography, regional science, and spatial economics. Location theory addresses questions of what economic activities are located where and why. Location theory or microeconomic theory generally ...
. Isard left Harvard in 1941 without taking a degree, moving instead to the
University of Chicago The University of Chicago (UChicago, Chicago, U of C, or UChi) is a private research university in Chicago, Illinois. Its main campus is located in Chicago's Hyde Park neighborhood. The University of Chicago is consistently ranked among the ...
, where he studied under Frank H. Knight, Oscar Lange, and
Jacob Viner Jacob Viner (3 May 1892 – 12 September 1970) was a Canadian economist and is considered with Frank Knight and Henry Simons to be one of the "inspiring" mentors of the early Chicago school of economics in the 1930s: he was one of the leading fi ...
. In 1942, Isard obtained a position with the National Resources Planning Board, in Washington, D.C., while completing his dissertation on building cycles and transportation development. A Quaker, he obtained
conscientious objector A conscientious objector (often shortened to conchie) is an "individual who has claimed the right to refuse to perform military service" on the grounds of freedom of thought, conscience, or religion. The term has also been extended to object ...
status during the war, and en lieu of military service he served as an orderly in a state mental hospital. It was during this period that he translated into English the works of some of the principal German location theorists. Now focusing primarily on location issues, Isard obtained a part-time teaching position at Harvard in 1945, and did some work on the location of the U.S. steel industry, as well as some work on the costs and benefits of atomic power.Boyce 2003 At Harvard, Isard became well acquainted with
Wassily Leontief Wassily Wassilyevich Leontief (russian: Васи́лий Васи́льевич Лео́нтьев; August 5, 1905 – February 5, 1999), was a Soviet-American economist known for his research on input–output analysis and how changes in one e ...
and helped him adapt his idea of an
input-output model In computing, input/output (I/O, or informally io or IO) is the communication between an information processing system, such as a computer, and the outside world, possibly a human or another information processing system. Inputs are the signals ...
to a local economy. Between 1949 and 1953 Isard was employed as a research associate at Harvard, but teaching a course, designed by himself, on location theory and regional development. Through this course, and through discussions with other economists, Isard managed to attract many other scholars to these fields. Already by 1948 the
American Economic Association The American Economic Association (AEA) is a learned society in the field of economics. It publishes several peer-reviewed journals acknowledged in business and academia. There are some 23,000 members. History and Constitution The AEA was esta ...
was organizing sessions on regional development at its annual conference. At the 1950 American Economic Association meeting, Isard met with 26 other like-minded economists and came up with a clearer idea of what the newly emerging field of regional science should look like: it would be interdisciplinary, and it required some novel concepts, data, and techniques. As part of the effort to develop regional science Isard found himself at the center of a network of scholars from economics, city planning, political science, sociology, and geography. In 1953 Isard moved to
MIT The Massachusetts Institute of Technology (MIT) is a private land-grant research university in Cambridge, Massachusetts. Established in 1861, MIT has played a key role in the development of modern technology and science, and is one of the m ...
, taking a position in the Department of City and Regional Planning. It was while he was at MIT that the name ''regional science'' solidified as the name for his new field. In 1954 the Regional Science Association was created, with Isard as its first president and then honorary chairman. In 1956 Isard left MIT for the
University of Pennsylvania The University of Pennsylvania (also known as Penn or UPenn) is a Private university, private research university in Philadelphia. It is the fourth-oldest institution of higher education in the United States and is ranked among the highest- ...
, attracted by the opportunity to head up a new PhD-awarding academic department, the department of Regional Science. Isard worked quickly to make regional science widely recognized, publishing three important books over the next four years: ''Location and Space Economy'' (1956); ''Industrial Complex Analysis and Regional Development'' (1959); and ''Methods of Regional Analysis'' (1960). In 1956 he also helped found the Regional Science Research Institute at Penn, and in 1958 the new field's flagship journal, the '' Journal of Regional Science''. In 1960 Isard worked to spread regional science to Europe, and in 1962 he helped set up regional science associations for Latin America and East Asia. In 1963 Isard assembled a group of scholars in Malmö, Sweden, for the purpose of establishing the Peace Research Society. In 1973, this group became the Peace Science Society. Like regional science, peace science was viewed as an interdisciplinary and international effort to develop a special set of concepts, techniques and data. In 1977 Isard stepped down as chair of the department of regional science at Penn in order to devote more time to peace science, and moved to
Cornell University Cornell University is a private statutory land-grant research university based in Ithaca, New York. It is a member of the Ivy League. Founded in 1865 by Ezra Cornell and Andrew Dickson White, Cornell was founded with the intention to teac ...
in 1979. In 1985, Isard was elected a member of the Economic Sciences section of the
National Academy of Sciences The National Academy of Sciences (NAS) is a United States nonprofit, non-governmental organization. NAS is part of the National Academies of Sciences, Engineering, and Medicine, along with the National Academy of Engineering (NAE) and the Na ...
. Isard died in
Drexel Hill, Pennsylvania Drexel Hill is a neighborhood and census-designated place (CDP) located in Upper Darby, Pennsylvania. The population was 29,181 at the 2020 census, up from 28,043 at the 2010 census, and accounting for over a third of Upper Darby's population. ...
.


Selected books

* Isard, Walter. 1952. ''Atomic Power, an Economic and Social Analysis; a Study in Industrial Location and Regional Economic Development''. New York: Blakiston. * Isard, Walter. 1956. ''Location and Space-economy; a General Theory Relating to Industrial Location, Market Areas, Land Use, Trade, and Urban Structure.'' Cambridge: Published jointly by the Technology Press of Massachusetts Institute of Technology and Wiley. * Isard, Walter. 1957. ''Municipal Costs and Revenues Resulting from Community Growth.'' Wellesley, Mass: Chandler-Davis Publ. Co. * Isard, Walter. 1959. ''Industrial Complex Analysis and Regional Development; a Case Study of Refinery-petrochemical-synthetic-fiber Complexes and Puerto Rico.'' Cambridge: Technology Press of the Massachusetts Institute of Technology. * Isard, Walter. 1960. ''Methods of Regional Analysis; an Introduction to Regional Science.'' Cambridge: Published jointly by the Technology Press of the Massachusetts Institute of Technology and Wiley, New York. * Isard, Walter. 1969. ''General Theory: Social, Political, Economic, and Regional, with Particular Reference to Decision-making Analysis''. Cambridge, Massachusetts: M.I.T. Press. * Isard, Walter. 1971. ''Regional Input-output Study: Recollections, Reflections, and Diverse Notes on the Philadelphia Experience.'' Cambridge, Massachusetts: MIT Press. * Isard, Walter. 1975. ''Introduction to Regional Science.'' Englewood Cliffs, N.J: Prentice-Hall. * Isard, Walter. 1972. ''Ecologic-economic Analysis for Regional Development; Some Initial Explorations with Particular Reference to Recreational Resource Use and Environmental Planning.'' New York: Free Press. * Peace Research Society (International). 1969. ''Vietnam: Some Basic Issues and Alternatives.'' Cambridge, Massachusetts: Schenkman Pub. Co.


Notes


References

* {{DEFAULTSORT:Isard, Walter 1919 births 2010 deaths Regional scientists Regional economists Peace and conflict scholars Fellows of the American Academy of Arts and Sciences Members of the United States National Academy of Sciences Temple University alumni Harvard University alumni Cornell University faculty University of Pennsylvania faculty Writers from Philadelphia American Quakers Economists from Pennsylvania