James S. Duesenberry

关于作者

James S. Duesenberry was a prominent American economist best known for his work in the fields of monetary economics and consumer behavior. He made significant contributions to the understanding of how consumer spending is influenced by income levels and the overall economic environment. His theories helped shape the development of macroeconomic policies in the mid-20th century, particularly during periods of economic fluctuation. Duesenberry's seminal work, "Income, Saving, and the Theory of Consumer Behavior," introduced the concept of relative income, emphasizing that people's consumption choices are often dictated by their income relative to others, rather than just their absolute income levels.

In addition to his academic contributions, Duesenberry served as a professor at Harvard University, where he influenced a generation of economists. He was actively involved in the policy discussions surrounding the Great Depression and the post-war economic expansion, providing insights that would inform government strategies for economic recovery. His intellectual legacy continues to impact economic thought and policy-making today.