Although a friend of Leon Walras and an eminent advocate of mathematical economics, the Russian-born Ladislaus von Bortkiewicz nonetheless could be said to be a "Classical" economist of the Ricardian vein. It is in his work on Karl Marx - whom he simply saw as one descendant of Ricardo - that his claim to fame lies. Bortkiewicz's solution to the Marx's "Transformation Problem" (1907) is considered legendary, although it was ignored at the time. Bortkiewicz was also involved in other theoretical controversies - particularly against Böhm-Bawerk and the Austrian theory of interest and also against the Alfred Weber's theory of industrial location.
Although he taught in Berlin most of his life, Bortkiewicz was nonetheless opposed to the German Historical School and was more sympathetic to the mathematical efforts of the Lausanne School.
Major works of Ladislaus von Bortkiewicz
Resources on Ladislaus Bortkiewicz
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