Leontief, Wassily

(lē`ŏntēf), 1906–99, American economist, b. Russia, grad. Univ. of Berlin (Ph.D., 1928). The son of a Russian economist, he and his family left the Soviet Union in 1925 because of their opposition to the Bolshevik government. After serving as an adviser on railroad construction to the Chinese government (1929), he emigrated to the United States. He joined the faculty of Harvard in 1931, rising to the rank of professor in 1946. In 1975, he left Harvard to teach at New York Univ. Leontief is best known for his development of the input-output method of economic analysis, used by most industrialized nations for planning and predicting economic progress. He was awarded (1973) the Nobel Memorial Prize in Economic Sciences.

Leontief, Wassily

Born Aug. 5, 1906, in St. Petersburg. American economist.

After he graduated from Leningrad University (1925), Leontief studied in Berlin (1925–28). In 1931 he emigrated to the USA and started teaching at Harvard University. In 1948 he became director of an economic research service. Leontief worked out the “input-output” method of economic analysis, a method initially developed by Soviet economists as early as 1924–28. His method studies the specific processes involved in substituting one part of social product for another in capitalist economic sectors. The principles advanced by Leontief are used for forecasting and programming the capitalist economy. Although criticizing certain conditions of bourgeois political economy and individual failings of capitalism, Leontief in his works ignores the antagonistic contradictions of capitalist production. He received the Nobel Prize in 1973.

WORKS

The Structure of the American Economy, 1919–1929. Cambridge, Mass., 1941.
Input-Output Economics. New York, 1966.

单词	leontief, wassily
释义	DictionarySeeWassily Leontief Leontief, Wassily Leontief, Wassily (lē`ŏntēf), 1906–99, American economist, b. Russia, grad. Univ. of Berlin (Ph.D., 1928). The son of a Russian economist, he and his family left the Soviet Union in 1925 because of their opposition to the Bolshevik government. After serving as an adviser on railroad construction to the Chinese government (1929), he emigrated to the United States. He joined the faculty of Harvard in 1931, rising to the rank of professor in 1946. In 1975, he left Harvard to teach at New York Univ. Leontief is best known for his development of the input-output method of economic analysis, used by most industrialized nations for planning and predicting economic progress. He was awarded (1973) the Nobel Memorial Prize in Economic Sciences. Leontief, Wassily Born Aug. 5, 1906, in St. Petersburg. American economist. After he graduated from Leningrad University (1925), Leontief studied in Berlin (1925–28). In 1931 he emigrated to the USA and started teaching at Harvard University. In 1948 he became director of an economic research service. Leontief worked out the “input-output” method of economic analysis, a method initially developed by Soviet economists as early as 1924–28. His method studies the specific processes involved in substituting one part of social product for another in capitalist economic sectors. The principles advanced by Leontief are used for forecasting and programming the capitalist economy. Although criticizing certain conditions of bourgeois political economy and individual failings of capitalism, Leontief in his works ignores the antagonistic contradictions of capitalist production. He received the Nobel Prize in 1973. WORKS The Structure of the American Economy, 1919–1929. Cambridge, Mass., 1941. Input-Output Economics. New York, 1966.
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