Hotelling would be my guess.


[snip]

Anyway, there was the old 1920s' Ramsey model of optimal saving (dealing
with the kind of problem a hypothetical advanced communist society would
face when planning their allocation of resources over time) and other
inter-temporal exercises that had been conducted earlier in the century (I
forgot the name of that guy in the 1930s who wrote a beautiful paper on
optimal use of natural resources using Newton's variational calculus, do any
of you remember?).

[snip]

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Harold Hotelling?

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