Peter Kenneth Newman, 1928-2001
English-born economist, trained at UCL
and professor of political economy at the Johns
Hopkins University, from the 1966 to 1990. His initial work was in
applied development economics, but Newman
moved swiftly into pure consumer theory and general equilibrium theory
in the early 1960s. His most famous work is perhaps the 1965 monograph,
Theory of Exchange, where he plumbs into the details of price-formation in a
Walrasian economy.
Newman's review of Sraffa's PCMC in
1962 is considered one of the best, and led to an exchange of letters
with Sraffa that are essential to clarifying several points.
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Major works of Peter Newman
- "The Early London Clothing Trades", 1952, Oxford EP
- "A Property of Mr. Harrod's Dynamic Model", 1954, RES
- "The Foundations of Revealed Preference Theory", 1955, Oxford EP
- "Factor Shares and the Savings Function", 1956, EJ
- "A Further Note on Revealed Preference", 1959, Economica
- "Mr Lancaster on Welfare and Choice", 1959, EJ
- "The Economic Future of British Guiana", 1960, Social and Econ Stud
- "Complete Ordering and Revealed Preference", 1960, RES
- "A Supplementary Notes on Complete Ordering and Revealed Preference",
1960, RES
- "The Erosion of Marshall's Theory of Value", 1960, QJE
- "Approaches to Stability Analysis", 1961, Economica
- "Basic Assumptions in Preference Theory", 1961, EJ
- "A Model for the Long-Run Theory of Value", with J.N. Wolfe, 1961,
RES
- "Production of Commodities: A review", 1962, Schweizerische
Zeitschrift f. Volkswirtschaft und Statisik
- The Theory of Exchange, 1965
- "Malaria and Mortality", 1977, JASA
- "Gray and Giffen Goods" with E. Masuda, 1981, EJ
- "Mirrored Pairs of Optimization Problems", 1982, Economica
- "Sraffa and Imperfect Competition", with S. Vassilakis, 1988,
Cambridge JE
- "Common Knowledge and the Game of Red Hats", 1992, Indian ER
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Resources on Peter Newman
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