William Smart (economist)

William Smart (10 April 1853 – 19 March 1915) was a Scottish economist.[1] Initially inspired by Thomas Carlyle and John Ruskin,[2] Smart was a conveyor of the thought of the Austrian School,[3] before being won-over to the neoclassicalism of Alfred Marshall.

Distribution of income, 1899

Smart, eldest son of Alexander Smart and grandson of Reverend William Smart, was born in Barrhead, Scotland.

Works
  • An Introduction to the Theory of Value on the Lines of Menger, Wieser, and Böhm-Bawerk (1891, 1910).
  • The Return to Protection (1904)
  • William Smart (1917). Economic Annals of the Nineteenth Century: 1821–1830. Macmillan and Company, limited.
  • William Smart (1883). John Ruskin: His Life and Work. Wilson & McCormick.
  • William Smart (1895). "Glasgow and Its Municipal Industries". The Quarterly Journal of Economics. 9 (2): 188–194. JSTOR 1885599.
  • Clark, J. Maurice (1917). "Reviewed Work: Second Thoughts of an Economist, by William Smart". Journal of Political Economy. 25 (4): 402–404. doi:10.1086/252976. JSTOR 1819087.
  • Smart, William (1916). Second Thoughts of an Economist. London: Macmillan and Co.

References
  1. Edwin Cannan (June 1915). "Obituary — William Smart". The Economic Journal. 25 (98). JSTOR 2222200.
  2. Smart 1916, p. 2.
  3. "William Smart". The History of Economic Thought, of The Institute for New Economic Thinking.
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