1-20 of 31 Search Results for

Pigovian tradition

Follow your search
Access your saved searches in your account

Would you like to receive an alert when new items match your search?
Close Modal
Sort by
Journal Article
History of Political Economy (2020) 52 (1): 135–170.
Published: 01 February 2020
...Steven G. Medema The notion of a Pigovian tradition in externality theory, against which Ronald Coase and others reacted beginning in the 1960s, has a long history. This article, though, suggests that the literature of economics evidences no such tradition, and that the discussion of externalities...
Journal Article
History of Political Economy (1979) 11 (4): 588–605.
Published: 01 November 1979
... examined the fisheries question and the problems in- volved with reforestation (see: Principles, p.‘5406). 16. Coase took the Pigovian tradition to task over Pigou’s narrow and inapplicable solutions to internalizing externalities in R. Coase, “The Problem of Social Cost,” Journal of Law...
Journal Article
History of Political Economy (2005) 37 (1): 1–25.
Published: 01 March 2005
... Institutions of Capitalism . New York: Free Press. Marginalizing Government: From la scienza delle finanze to Wicksell Steven G. Medema One of the virtues of the Italian public finance tradition la scienza delle finanze and an important contrast between it and the classical and neo- classical (Pigovian...
Journal Article
History of Political Economy (1976) 8 (3): 428–434.
Published: 01 September 1976
... spending. All participants proceed to de- bate the extent to which Keynes committed himself to the Pigovian view that supply and demand for labor are functions of the real wage rate. Irrespective of whether one wants to regard the putative nega- 3. Alfred Marshall, Principles ofEconornics, 8th...
Journal Article
History of Political Economy (1977) 9 (2): 294–295.
Published: 01 June 1977
... on ethical and power considerations. Although the Pareto optimum concept appears in the Treatise, there also exists cost-benefit analysis of the Pigovian type, and at all times it is subsumed under the forces of psychology, knowledge, and power. Samuels shows that the Pareto optimum rule can...
Journal Article
History of Political Economy (1974) 6 (3): 261–277.
Published: 01 September 1974
... political stance, and which appears scattered throughout The General Theory, often in the form of unmotivated digressions, is essentially late Victorian and Pigovian in 260 History of Political Economy character. (There is also an obvious parallel between Pigou’s conviction that “fruit...
Journal Article
History of Political Economy (2015) 47 (suppl_1): 1–19.
Published: 01 December 2015
..., in the sense that Buchanan disagreed with Tiebout. See Boettke and Marciano 2014. 13. This result is usually viewed as a defense of “institutional” competition or pure federal- ism and a criticism of the intervention of the state. 14  Alain Marciano and Steven G. Medema failure away from the Pigovian...
Journal Article
History of Political Economy (2011) 43 (4): 765–768.
Published: 01 November 2011
... was to become Pigovian welfare economics is to be found in Sidgwick. Pigou’s Wealth and Welfare (1912), which became The Economics of Welfare (1920), provided the framework for a welfare economics based upon Alfred Mar- shall’s national income. Economic welfare was a function of three aspects of real...
Journal Article
History of Political Economy (2011) 43 (4): 769–770.
Published: 01 November 2011
... that Medema quotes—it is important not to exaggerate the shift that came with Mill. If one is looking for a precursor of Pigou, Henry Sidgwick is more significant. Indeed, a substantial part of what was to become Pigovian welfare economics is to be found in Sidgwick. Pigou’s Wealth and Welfare (1912...
Journal Article
History of Political Economy (2011) 43 (4): 770–772.
Published: 01 November 2011
... is looking for a precursor of Pigou, Henry Sidgwick is more significant. Indeed, a substantial part of what was to become Pigovian welfare economics is to be found in Sidgwick. Pigou’s Wealth and Welfare (1912), which became The Economics of Welfare (1920), provided the framework for a welfare...
Journal Article
History of Political Economy (2011) 43 (4): 772–775.
Published: 01 November 2011
... that Medema quotes—it is important not to exaggerate the shift that came with Mill. If one is looking for a precursor of Pigou, Henry Sidgwick is more significant. Indeed, a substantial part of what was to become Pigovian welfare economics is to be found in Sidgwick. Pigou’s Wealth and Welfare (1912...
Journal Article
History of Political Economy (2011) 43 (4): 775–777.
Published: 01 November 2011
... that Medema quotes—it is important not to exaggerate the shift that came with Mill. If one is looking for a precursor of Pigou, Henry Sidgwick is more significant. Indeed, a substantial part of what was to become Pigovian welfare economics is to be found in Sidgwick. Pigou’s Wealth and Welfare (1912...
Journal Article
History of Political Economy (2011) 43 (4): 777–779.
Published: 01 November 2011
... that Medema quotes—it is important not to exaggerate the shift that came with Mill. If one is looking for a precursor of Pigou, Henry Sidgwick is more significant. Indeed, a substantial part of what was to become Pigovian welfare economics is to be found in Sidgwick. Pigou’s Wealth and Welfare (1912...
Journal Article
History of Political Economy (2011) 43 (4): 779–781.
Published: 01 November 2011
... is looking for a precursor of Pigou, Henry Sidgwick is more significant. Indeed, a substantial part of what was to become Pigovian welfare economics is to be found in Sidgwick. Pigou’s Wealth and Welfare (1912), which became The Economics of Welfare (1920), provided the framework for a welfare...
Journal Article
History of Political Economy (1992) 24 (2): 413–433.
Published: 01 June 1992
... Aslanbeigui , N. 1989 . Marshall's and Pigou's Policy Prescriptions on Unemployment, Socialism and Inequality. In Perspectives on the History of Economic Thought , edited by Don Walker. London: Edward Elgar, 191 -204. Aslanbeigui , N. 1990 . On the Demise of Pigovian Economics. Southern...
Journal Article
History of Political Economy (2015) 47 (3): 481–510.
Published: 01 September 2015
... in the 1960 article are the market (with initial allocation of the right to the pollutee or the polluter), the firm, direct regulation, tax, and doing nothing at all. Rather than the Pigovian comparison between different products of the same arrangement, Coase explains that it is “preferable to use...
Journal Article
History of Political Economy (2005) 37 (Suppl_1): 277–291.
Published: 01 December 2005
... from Lionel Robbins, who, in his famous Essay on the Nature and Significance of Economic Science (1932), specifically criticized the Pigovian-Marshal- lian approach to theory and policy. His argument is similar to Keynes’s argument in 1890 and thus is best seen as a call for the return...
Journal Article
History of Political Economy (1991) 23 (1): 158–164.
Published: 01 March 1991
... of the ideas which led up to the writing of The Economics oflmperfect Competition. He makes it clear that it was the Pigovian rather than the Marshallian form of value theory that both Piero Sraffa (whose “pregnant suggestion” was the crucial impetus for the writing of the book) and Joan Robinson...
Journal Article
History of Political Economy (1997) 29 (suppl_1): 91–121.
Published: 01 January 1997
...S. Todd Lowry S. Todd Lowry is professor of economics and administration at Washington and Lee University. His publications include The Archaeology of Economic Ideas: The Classical Greek Tradition (1987) and volumes 7 and 8 of Perspectives on the History of Economic Thought (1992...
Journal Article
History of Political Economy (2015) 47 (suppl_1): 227–252.
Published: 01 December 2015
... the study was bound to assume the character of a critique not only of capitalism but also of traditional equilibrium economics. (Kapp n.d.b) The unpublished project outline “Social Costs and Social Returns: A Crit- ical Analysis of the Social Performance of the Unplanned Market Econ- omy...