Allyn Abbott Young

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Allyn Young, a prominent economist and influential teacher, is best known for his economic theories on increasing returns and progress. His impact extended through mentorship to notable students like Frank Knight and Nicholas Kaldor. Young gained international recognition as part of the American delegation at the Paris peace negotiations post-WWI. Despite his fame, recent interest centers on his ideas rather than his public service. At the time of his death, he was developing two significant treatises on Money and Economics, though neither has survived.