scholarly journals Foundations of Contemporary Economics: Harold Hotelling on Location and Exhaustible Resources

2021 ◽  
Vol 27 (3) ◽  
pp. 143-152
Keyword(s):  
Economic Theory ◽  
20Th Century ◽  
Product Differentiation ◽  
Optimal Location ◽  
Exhaustible Resources ◽  
Microeconomic Theory ◽  
Spatial Economics ◽  
Mathematical Economics ◽  
Business Analysis ◽  
The 1950S

Harold Hotelling is an influential statistician working in the field of economic theory at the beginning of the 20th century. His contributions to economics are trailblazing and open new topics for economic and business analysis. His best-known work is his solution to the problem of exhaustible resources. He also triggered the exploration of spatial economics and the analysis of product differentiation through his solution of the optimal location of producers in a duopoly. Less known, but important, are his contributions to the development of modern neoclassical microeconomic theory. Hotelling is also one of the scientists who initiated the turn towards mathematical economics in the 1950s. In this paper we provide an introduction of his groundbreaking work on economic theory.

The Apprentice

2017 ◽  
pp. 1-36
Author(s):  
Wheeler Winston Dixon
Keyword(s):  
Science Fiction ◽  
20Th Century ◽  
Critical Appraisal ◽  
The Other ◽  
John Ford ◽  
The 1950S

This chapter provides a background on Terence Fisher's career that is regarded by most as that of a journeyman director and by French critics that argued that Fisher was a master filmmaker since the 1950s. It looks at the efforts of David Pirie and others who brought about the first serious critical appraisal of Fisher's work beginning in the late 1960s. It also describes Fisher as the greatest Gothic filmmaker of the second half of the 20th century and British equivalent in terms of style and seriousness of the great American myth-master, John Ford. The chapter mentions The Curse of Frankenstein, in which Fisher creates a real, believable world, and does superb work with Peter Cushing, Christopher Lee, and the other members of the cast. It talks about Fisher's admission toward the end of his life about he had very little affection for science fiction.

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