<p>Over a professional career that spanned seven decades in the twentieth century, William H. Hutt addressed theoretical and policy issues covering economic history, race relations, labor markets and union power, Keynesian economics, and Say's Law of markets, and the role of the economist in public policy. His unique quality&#xa0;in all these subjects was&#xa0;a focus and attention to the truth in economics, that is, the logic and validity of how and why market processes&#xa0;work, regardless of whether or not the theoretical and policy insights and implications were always "politically possible."</p>

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William Harold Hutt: His life and contributions to economics

  • Richard M. Ebeling

摘要

Over a professional career that spanned seven decades in the twentieth century, William H. Hutt addressed theoretical and policy issues covering economic history, race relations, labor markets and union power, Keynesian economics, and Say's Law of markets, and the role of the economist in public policy. His unique quality in all these subjects was a focus and attention to the truth in economics, that is, the logic and validity of how and why market processes work, regardless of whether or not the theoretical and policy insights and implications were always "politically possible."