Sidney Weintraub (economist born 1914)
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Sidney Weintraub (; April 28, 1914 – June 19, 1983) was an American economist, one of the most prominent American members of the
Post Keynesian economics Post-Keynesian economics is a school of economic thought with its origins in '' The General Theory'' of John Maynard Keynes, with subsequent development influenced to a large degree by Michał Kalecki, Joan Robinson, Nicholas Kaldor, Sidney ...
school. He was the co-founder and co-editor of ''The Journal of Post Keynesian Economics'' (1978). His views included criticism of
monetarism Monetarism is a school of thought in monetary economics that emphasizes the role of governments in controlling the amount of money in circulation. Monetarist theory asserts that variations in the money supply have major influences on nati ...
and the
neoclassical synthesis The neoclassical synthesis (NCS), neoclassical–Keynesian synthesis, or just neo-Keynesianism was a neoclassical economics academic movement and paradigm in economics that worked towards reconciling the macroeconomic thought of John Maynard Key ...
, and promotion of the tax-based incomes policy (TIP).


Biography

After a year at the
London School of Economics , mottoeng = To understand the causes of things , established = , type = Public research university , endowment = £240.8 million (2021) , budget = £391.1 milli ...
in 1938–9, Weintraub received a Ph.D. from
New York University New York University (NYU) is a private research university in New York City. Chartered in 1831 by the New York State Legislature, NYU was founded by a group of New Yorkers led by then- Secretary of the Treasury Albert Gallatin. In 1832, th ...
in 1941, and worked at the
Federal Reserve Bank of New York The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States. It is responsible for the Second District of the Federal Reserve System, which encompasses the State of New York, the 12 northern counties of Ne ...
until 1943, when he was drafted into the U.S. Army. In 1945 he joined the faculty of St. John's University in Brooklyn, New York. In 1950 he joined the faculty of 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- ...
. In 1957 he was awarded a
Ford Foundation The Ford Foundation is an American private foundation with the stated goal of advancing human welfare. Created in 1936 by Edsel Ford and his father Henry Ford, it was originally funded by a US$25,000 gift from Edsel Ford. By 1947, after the death ...
fellowship to travel to Europe. In 1969–70 he taught at the
University of Waterloo The University of Waterloo (UWaterloo, UW, or Waterloo) is a public research university with a main campus in Waterloo, Ontario, Canada. The main campus is on of land adjacent to "Uptown" Waterloo and Waterloo Park. The university also operates ...
. In 1972–3 he wrote a weekly column for the ''
Philadelphia Bulletin The ''Philadelphia Bulletin'' was a daily evening newspaper published from 1847 to 1982 in Philadelphia, Pennsylvania. It was the largest circulation newspaper in Philadelphia for 76 years and was once the largest evening newspaper in the United ...
''. During his career he gave over 500 guest lectures in the U.S., Canada, and Europe, and published 18 books, 80+ scholarly articles, and 50+ popular articles. His students include Paul Davidson and Douglas Peters. In August 1940 he married Sheila Tarlow. He is the father of the mathematical economist E. Roy Weintraub.• John Lodewijks, 2002. "Roy Weintraub's Contribution to the History of Economics," in S. G. Medema and W. J. Samuels, ed., ''Historians of Economics and Economic Thought: The Construction of Disciplinary Memory'', Routledge, pp
316–7
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   • Mark Blaug, 1999. ''Who's Who in Economics'', 3d edition.


Publications

* ''Price Theory'', 1949. * ''Income and Employment Analysis'', 1951. * ''Approach to the Theory of Income Distribution'', 1958. * ''A General Theory of the Price Level, Output, Income Distribution, and Economic Growth'', 1959

* ''Classical Keynesianism, Monetary Theory, and the Price Level'', 1961. * ''A General Theory of the Price Level'', 1959. * ''A Tax-Based Incomes Policy'' (with Henry C. Wallich), Journal of Economic Issues, 197

* ''Keynes and the Monetarists'' (1973). 2nd ed. 1978. *


Further reading

* ''Sidney Weintraub: A Profile'' by Arthur L. Bloomfield

* ''Sidney Weintraub: An Economist of the Real World'' by Paul Davidson, 1985


References


External links


Sidney Weintraub on History of Economic Thought website
{{DEFAULTSORT:Weintraub, Sidney 1914 births 1983 deaths Post-Keynesian economists Alumni of the London School of Economics New York University alumni University of Pennsylvania faculty 20th-century American economists United States Army personnel of World War II