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Slutsky's 1915 Article: How It Came to Be Found and Interpreted

Slutsky's 1915 Article: How It Came to Be Found and Interpreted History of Political Economy 34:3 (2002) be considered as surprising that the work has remained completely unknown to English-speaking economists.” Indeed, the fact that Slutsky’s paper was published in an Italian journal may appear as the most natural explanation for passing unnoticed. As J. R. Hicks (1981, 3) later stated, “How Slutsky, a Russian, came to publish his paper in an Italian journal does not seem to be known; neither in Italy, nor in Russia, nor anywhere else, did it make any impact. It had to be rediscovered after our [Hicks and Allen 1934] work had come out.” Actually, that Slutsky published his paper in the Giornale degli economisti is not at all surprising in view of the fact that, as Slutsky himself pointed out, he was completing the work of Vilfredo Pareto on utility and demand which was published in that very journal (1892–93).2 Noteworthily, he commented on the fundamental equation of value in the following way (Slutsky 1915, 12 n; 1952, 39 n): “The formulas in the text were deduced by Pareto, and published in this Giornale, August 1892 (see also the Manuel d’économie politique, 1909, p. 581). The differences in notation and form between our http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png History of Political Economy Duke University Press

Slutsky's 1915 Article: How It Came to Be Found and Interpreted

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Publisher
Duke University Press
Copyright
Copyright 2002 by Duke University Press
ISSN
0018-2702
eISSN
1527-1919
DOI
10.1215/00182702-34-3-553
Publisher site
See Article on Publisher Site

Abstract

History of Political Economy 34:3 (2002) be considered as surprising that the work has remained completely unknown to English-speaking economists.” Indeed, the fact that Slutsky’s paper was published in an Italian journal may appear as the most natural explanation for passing unnoticed. As J. R. Hicks (1981, 3) later stated, “How Slutsky, a Russian, came to publish his paper in an Italian journal does not seem to be known; neither in Italy, nor in Russia, nor anywhere else, did it make any impact. It had to be rediscovered after our [Hicks and Allen 1934] work had come out.” Actually, that Slutsky published his paper in the Giornale degli economisti is not at all surprising in view of the fact that, as Slutsky himself pointed out, he was completing the work of Vilfredo Pareto on utility and demand which was published in that very journal (1892–93).2 Noteworthily, he commented on the fundamental equation of value in the following way (Slutsky 1915, 12 n; 1952, 39 n): “The formulas in the text were deduced by Pareto, and published in this Giornale, August 1892 (see also the Manuel d’économie politique, 1909, p. 581). The differences in notation and form between our

Journal

History of Political EconomyDuke University Press

Published: Sep 1, 2002

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