returning to Harvard. In December 1928 he traveled to the University of Chicago to explain in person why he felt unable to accept their invitation to be chairman of their economics department. It was shortly after his return to London that he succumbed to the fateful influenza epidemic. At the time of his death T. E. Gregory, a colleague at the LSE, wrote that Young had recently "begun work on a systematic treatise on economic theory and had resumed the writing of the work upon monetary theory which he had begun at Harvard." He continued: A passion for thoroughness would drive him on to explore every inch of the field in which he was for the time interested: he was always convinced that economic truth was not the monopoly of a single school or way of thinking, and that the first duty of a teacher and thinker was to see the strong points in every presentation of a point of view. Such an attitude of mind, combined with great personal modesty, made for unsystematic writing: for scattered papers and articles and not for a comprehensive treatise. In many respects he resembled Edgeworth, for whose work he felt a growing admiration; and if Young's work is ever collected, it will be seen that, like Edgeworth's, it amounts in sum to a very considerable and impressive achievement. In 1971 Nobel Laureate Bertil Ohlin, who attended a course of Young's at Harvard in 1922–23, wrote to Young's biographer: I am inclined to believe that he was a man, who knew and thoroughly understood his subject—economics—better than anyone else I have met. I tested him by means of a question about the "Wicksell effect", i.e. the special aspects of the marginal productivity of capital, which at that time was practically unknown in most countries outside of Scandinavia. He immediately gave a fine account in a five minutes speech before the students. What characterizes Allyn Young as an economist was that he had deep understanding of all fields of economic theory while other economists knew well one third of the theory and had only superficial knowledge of the rest. Young's other famous students, strongly influenced by him, included Frank H. Knight, Edward Chamberlin, Nicholas Kaldor and Lauchlin Currie. He was also an influential adviser in the 1920s to Benjamin Strong, governor of the Federal Reserve Bank of New York. Much of his writing was published