Paul H. Douglas, 1892-1976.

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Together with Henry Schultz, Paul Howard Douglas was one of the Columbia students that followed Henry L. Moore on his quest for the empirical estimation and testing of various concepts in Neoclassical theory. As he was also a student of John B. Clark, much of Douglas's early work was on the statistical testing of Clark's marginal productivity theory. As a result, Douglas's attempt to estimate production functions led to his formulation, together with the mathematician Charles W. Cobb, of the now (in)famous "Cobb-Douglas Production Function".

Douglas's concern with testing marginal productivity theory continued after he went to the University of Chicago, where he undertook massive statistical examinations of the issue - culminating in his magnum opus, Theory of Wages (1934). Douglas left academia in 1942 to enlist as a private in the United States Marine Corps. In 1948, Douglas was elected to the United States Senate for the state of Illinois. He became one of the leading and most respected Democratic Senators. He lost a re-election campaign in 1966, after which he took a position at the New School for Social Research.

Major works of Paul H. Douglas

• "The Problem of Labor Turnover", 1918, AER - "Rejoinder", 1920
• "The Movement of Real Wages, 1890-1918", with Frances Lamberson, 1921, AER
• "What can a Man Afford?" with Dorothy Douglas, 1921, AER
• Real Wages in the United States, 1930.
• The Theory of Wages, 1934.
• "Are there Laws of Production?", 1938, AER.
• Ethics in Government, 1952.
• "Comments on the Cobb-Douglas Production Function", 1967, in Brown, editor, Theory of Empirical Analysis of Production.
• "The Cobb-Douglas Production Function Once Again: Its history, its testing and some empirical values", 1976, JPE.

Resources on Paul H. Douglas

• Douglas biography at U.S. Congress

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