"Professor Fisher's The Purchasing Power of Money is dedicated to Simon Newcomb, from whom vid Professor Kemmerer the PT = MV formula ultimately derives. Newcomb was not a professional economist but a mathematician (Professor of Mathematics in the U.S. Navy and at Johns Hopkins). His Principles of Political Economy, published in 1886, is one of those original works which a fresh scientific mind, not perverted by having read too much of the orthodox stuff, is able to produce from time to time in a half -formed subject like economics."
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Mathematicians from the United StatesHarvard University alumniJohns Hopkins University facultyPeople from Nova Scotia
Original Language: English
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John Maynard Keynes (1930). A Treatise on Money. Vol. 1, p. 233
https://en.wikiquote.org/wiki/Simon_Newcomb
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Simon Newcomb
Simon Newcomb (March 12, 1835 – July 11, 1909) was a Canadian-American astronomer and mathematician, and Professor of Mathematics in the U.S. Navy and at Johns Hopkins. Though he had little conventional schooling, he made important contributions to timekeeping as well as writing on economics and statistics and authoring a science fiction novel.
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