In 1873 there appeared in Danish an essay by two Danish mathematicians, Frederik Bing and Julius Petersen. This essay has received almost no attention, yet it appears on close inspection to be a strikingly original and path-breaking contribution to neoclassical distribution theory. A detailed exposition of the authors' theory and some of their applications is presented in the light of an interpretive model expressed in modern terms. A concluding section gives some information about the authors and attempts to assess their contribution and its claims to a significant place in the history of economic analysis.

An evaluation and commemoration of two pioneering American economists one century after their deaths in 1897. Biographical sketches are followed by expositions and assessments of their contributions to economics. Areas covered include distribution theory, the explanation of poverty, George's single-tax proposal, the business cycle, and money and statistics. A novel interpretation of George's treatment of rent is provided. Also covered are the parallels and antagonisms between George and Walker, and the uneasy relationship between George and the academic economists of the era. An appendix provides a brief guide to the literature.

In 1873 there appeared in Danish an essay by two Danish mathematicians, Frederik Bing and Julius Petersen. This essay has received almost no attention, yet it appears on close inspection to be a strikingly original and path-breaking contribution to neoclassical distribution theory. A detailed exposition of the authors' theory and some of their applications is presented in the light of an interpretive model expressed in modern terms. A concluding section gives some information about the authors and attempts to assess their contribution and its claims to a significant place in the history of economic analysis.