I had the honor and pleasure of delivering the 30th Timlin lecture in economics at the University of Saskatchewan last Wednesday. My talk was on Secular Stagnation, a topic I think Professor Timlin would have approved of. I enjoy giving public lectures. It's fun to connect economic theory to real world policy issues in a public forum. I think I often learn more from the interaction with the audience than they do. It was also an opportunity to learn more of Mabel Timlin and her remarkable story.
Mabel Frances Timlin was born in Wisconsin in 1891. It's not clear what motivated to move to Saskatoon in her youth. In 1921 she found employment as a secretary at the University of Saskatchewan. Evidently unimpressed with the papers she was typing for the economics faculty, she decided to study the subject in her spare time. She eventually completed her PhD at the University of Washington and become an assistant professor at the University of Saskatchewan in 1941, at the tender age of 50.
Her PhD thesis Keynesian Economics was published in 1942. I had our library order a copy so that I might read it before my lecture. I have to say that I was thoroughly impressed with it. Her book did not consist of a simple regurgitation of Keynes (1936). Instead, it was a courageous attempt to distill some of his most important ideas and extend them using dynamic general equilibrium theory. According to David Laidler (in a personal correspondence):
I think her 1942 book was the very first "Keynesian" text and, among other things, included the first drawing of a demand for money-interest rate curve showing a liquidity trap. Modigliani cited her in 1943, but inadequately. [Correction: Modigliani "Liquidity preference and the theory of interest and money" Econometrica Jan 1944.]
She evidently transformed the Canadian macroeconomics profession in terms of its application of formal economic modeling. She became Canada's first female full professor of economics, the first woman to serve as president of the Canadian Political Science Association, the first woman outside the natural sciences elected a Fellow of the Royal Society of Canada, and one of the first ten women to serve on the executive committee of the American Economic Association.
I include a piece below, sent to me by Robert Dimand, that provides a few more details of her career. I think it's quite an inspiring story.
Timlin, Mabel Frances (1891-1976)
The Keynesian economist Mabel Timlin was the first tenured woman among
Canadian economists, first woman elected president of the Canadian Political
Science Association (which then covered all social sciences, including
economics), the first woman outside the natural sciences elected a Fellow of
the Royal Society of Canada (1951), and one of the first ten women to serve on
the executive committee of the American Economic Association (1958-60), despite
becoming an assistant professor only in her fiftieth year, after a long career
as an academic secretary. She was born in Forest Junction, Wisconsin ,
on 6 December 1891, and, after studying at the Milwaukee
State Normal
School , taught in Wisconsin
and rural Saskatchewan .
She became a secretary at the University
of Saskatchewan in 1921,
while studying for a BA there. At first Timlin intended to study economics
there, but after seeing the Department of Economics and Political Science she
decided (probably correctly) that she could learn more economics on her own.
She took a BA with great distinction in English in 1929, and then directed the
university’s correspondence courses in economics. Mabel Timlin became an
instructor in economics at the University
of Saskatchewan in 1935, after
completing graduate course work in economics at the University of Washington
during summers and a six-month leave. Her doctoral dissertation at the University of Washington , supervised by the much
younger Raymond Mikesell, was accepted in 1940 and published as Keynesian Economics (1942). In 1941,
Timlin became an assistant professor of economics at the University of Saskatchewan
(associate professor 1946, full professor 1950) and a member of the executive
committee of the Canadian Political Science Association (vice-president
1953-55, president 1959-60).
Keynesian Economics did more
than introduce Keynesian theory into Canadian academic life. Timlin offered one
of the early general equilibrium interpretations of John Maynard Keynes’s General Theory, and was particularly
noteworthy in treating it as a system of shifting equilibrium, presented with
innovative diagrams on which she collaborated with the eminent geometer H. S.
M. Coxeter. Timlin began work on Keynesian
Economics in 1935, before Keynes published his General Theory: Benjamin Higgins had come to Saskatoon
from the London School of Economics in 1935 for a one-year appointment,
carrying a copy of the summary of Keynes’s Cambridge lectures that Robert Bryce had
presented in Friedrich Hayek’s LSE seminar.
Beyond her work on Keynes, Timlin also expounded international
developments in welfare economics and general equilibrium analysis to a
Canadian audience more used to historical and institutional economics than to
formal theory (e.g. Timlin 1946). Timlin (1953) sharply criticized the Bank of
Canada for failing to follow Keynesian countercyclical stabilization policies
during the Korean War inflation. Much of her later work (e.g. Timlin 1951,
1958, 1960) concerned immigration policy, emphasizing the economic benefits of
freer immigration.
Mabel Timlin never married. Generations of former students were her
extended family. She remained active as a scholar long after her official
retirement in 1959, publishing a major report on the social sciences in Canada in 1968.
She remained devoted to the University
of Saskatchewan despite job offers
from such institutions as the University
of Toronto , and died in Saskatoon on 19 September
1976.
Robert
W. Dimand
Selected works
1942. Keynesian Economics. Toronto : University of Toronto Press.
1946. General equilibrium analysis
and public policy. Canadian Journal of
Economics
and Political Science 12, 483-495.
1947. John Maynard Keynes. Canadian Journal of Economics and Political
Science 13,
363-365.
1951. Does Canada
Need More People? Toronto : Oxford University
Press.
1953. Recent developments in
Canadian monetary policy. American Economic
Review:
Papers and Proceedings 43, 42-53.
1955. Monetary stabilization
policies and Keynesian theory. In K. R. Kurihara (Ed.),
Post-Keynesian Economics, London : George Allen &
Unwin, 59-88.
1958. Canadian immigration with
special reference to the post-war period. In
International Economic Association, International
Migration, London :
Macmillan.
1960. Presidential address: Canada ’s
immigration policy, 1896-1910. Canadian
Journal
of Economics and Political Science 26,
517-532.
1968. The social sciences in Canada :
Retrospect and prospect. In M. F. Timlin and A.
Faucher, The Social Sciences in Canada : Two Studies, Ottawa : Social Science Research
Council of Canada ,
25-136.
1977. Keynesian Economics, with biographical note by A. E. Safarian and
introduction
by L. Tarshis. Toronto :
McClelland and Stewart, Carleton Library.
Bibliography
Ainley, M. G. 1999. Mabel F.
Timlin, 1891-1976: A woman economist in the world of
men. Atlantis: A Women’s Studies
Journal 23, 28-38.
Spafford, S. 2000. No Ordinary Academics: Economics and
Political Science at the
Hope you enjoyed the U of S! It's changed quite a bit since I did my B. Comm. there. Lots of money has poured in. Hopefully some of it has gone to the Econ dept.
ReplyDeleteI had a great time there, Prof J. The people in the department were a lot of fun to talk to, during the day, and even into the night. :)
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