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The future historians of economic thought will speak about it. But all of us should
To be grateful to John Bejtsa Clark's light memory - the person, one of
The wisest and kind teachers of the generation that can confirm each,
Who well knew it the last years its teaching. Many in a debt to it
For a noble and friendly management with which it directed their the first
Steps to a science. And for those who never faced it, this short sketch
To his life and activity will give live submission about one of valid
Great figures of our trade.
It can be pertinent here to make the small investment in the biography of D.B.Clark,
Having published the following letter which has appeared in my property. It was
It is written soon after the publication of the book of dead Robert Tsekurkandlja, Theorie
des Preises mit besonderer Berucksichtigung der Lehre (Leipzig: Stein, 1889),
And to it issue of the magazine New Englander, no has been applied. 161, July 1881, with
D.B.Clark's article "The Philosophy of Value":
Smith's college, Nortgempton, Massachusetts, on January, 14th 1890.
Dear sir,
At present I profit also pleasure from reading of your remarkable
Books about the value Theory. I take boldness to send you my former publication about
Values. During its publication in 1881 I was the young teacher in one
From our western colleges; and I was really confident that I the first have opened
The principle formulated in this article. The analysis has been written for long time to
Publications.
Sincerely yours
D.B.Clark
To Mr. to Dr. Robert Tsukerkandlju
Vienna
P.S. - the especial pleasure delivers me possibility to do justice
To outstanding thinkers, mainly the Austrians, which in this area
Have advanced me and further have promoted in analysis development.
It is possible to add that despite well-known disputes concerning the theory
The capital, personal relations between D.B.Clark and Austrian school,
Established just before war, were the warmest, and that on extreme
To measure some representatives of the second or third generation of the Austrian school
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