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Journal Article
History of Political Economy (2018) 50 (2): 345–371.
Published: 01 June 2018
...Virginie Gouverneur Household activities are still little discussed in economics. Several commentators have presented it as the result of an old and persistent nonrecognition of unpaid domestic work’s social and economic value by economists. According to them, the “devaluation” of this work stems...
Journal Article
History of Political Economy (2005) 37 (Suppl_1): 292–313.
Published: 01 December 2005
... to put the evolv- ing story in context. First, the exchange-rate regime was one of a fixed rate, as was the case worldwide under Bretton Woods. The last big dis- crete devaluation preceding the period on which we focus occurred in August 1971, when the Israeli lira was devalued by 20 percent, from 3.5...
Journal Article
History of Political Economy (2017) 49 (1): 1–30.
Published: 01 March 2017
... Irwin, Scott Sumner, George Tavlas, Brad De Long, and David Romer for comments. I thank two referees and the editor of this journal for very helpful comments and suggestions. Copyright 2017 by Duke University Press 2017 Gold standard devaluation Brains Trust Irving Fisher compensated dollar...
Journal Article
History of Political Economy (2013) 45 (1): 39–59.
Published: 01 March 2013
...”] . Ekonomisk Tidskrift 23 : 75 – 93 . ———. 1921b . “Diskontosänkning nu betyder myntrealisation” [“Reduction of the Discount Rate Now Means Devaluation”] . Interview in Stockholms Dagblad , March 28 . ———. 1921c . “En plan för penningpolitiken” [“A Plan for Monetary Policy”] . Stockholms...
Journal Article
History of Political Economy (2017) 49 (4): 631–666.
Published: 01 December 2017
... . “ The Devaluation Controversy in Eighteenth-Century Italy .” History of Economic Ideas 13 ( 2 ): 79 – 110 . Stapelbroeck Koen . 2008 . Love, Self–Deceit, and Money Commerce and Morality in the Early Neapolitan Enlightenment . Toronto : University of Toronto Press . Stapelbroeck Koen...
Journal Article
History of Political Economy (2001) 33 (2): 241–267.
Published: 01 June 2001
... by Robert Friedländer-Prechtl, the proposal by Rudolf Dalberg to devalue the mark (singular even among the critics of deflationism), and the Dräger plan, which, however, did not recommend itself to the liberal critics of Brüning, published as it was in the Nationalsozialistis- che Bibliothek.8 Some...
Journal Article
History of Political Economy (2018) 50 (1): 155–190.
Published: 01 March 2018
... and the Belgian Franc Devaluation of 1935 Robert Trifn was born in Flobecq, Belgium. He studied at the University of Louvain, obtaining a degree in economics in 1935. As a young econo- mist, he was active at the Institut des Sciences Économiques (Trifn 1987, 33). The dominant gure was Léon-H. Dupriez...
Journal Article
History of Political Economy (1985) 17 (1): 35–50.
Published: 01 March 1985
... obligations and could not be freely (unilaterally) altered.s4 But the basic economic argu- ment against devaluation was that given the high degree of commodity stocks and excess capacity currently existing, there was no reason why there should be any upward pressure on the price level...
Journal Article
History of Political Economy (1993) 25 (1): 1–37.
Published: 01 March 1993
... / Gold Standard Debate 3 versy, the long lag of U.K. productivity growth, and underline its crucial (quantitative) significance. The concluding section attempts to identify the flaw in Keynes’s message and to speculate on the possible implications of a devaluation of sterling...
Journal Article
History of Political Economy (2021) 53 (1): 89–114.
Published: 01 February 2021
..., which he considered far much more efficient in crisis periods than devaluations (Banco de España March 21, 1935; March 28, 1935). Nevertheless, he admired how the Bank of England managed the value of the currency, as well as the positive mentality of English public opinion about the level of the rate...
Journal Article
History of Political Economy (2021) 53 (5): 954–956.
Published: 01 October 2021
... 956 Book Reviews devaluates markets (75). This robbed Posner of much of his legitimacy. What was left disappeared when Posner ceased to explain that judicial decision making was follow- ing an economic logic. He had renounced one of his oldest claims. As he told Priest, this was youthful enthusiasm...
Journal Article
History of Political Economy (2012) 44 (2): 277–330.
Published: 01 June 2012
... .” Economic Development and Cultural Change 14 : 506 – 11 . Diaz Alejandro C. 1965 . Exchange-Rate Devaluation in a Semi-industrialized Country: The Experience of Argentina, 1955–1961 . Cambridge : MIT Press . Dobb M. 1965 . Review of Furtado (1961) 1964 . Economica 32 : 460...
Journal Article
History of Political Economy (2004) 36 (1): 163–186.
Published: 01 March 2004
.... Whether Marx saw that is a different question we can leave to one side here. Reuten / The Course of the Profit Rate in Volume 3 of Marx’s Capital 167 the previous chapters. True, there are some interesting qualifications— such as allusions to the course of the business cycle, to the devaluation...
Journal Article
History of Political Economy (2001) 33 (2): 283–313.
Published: 01 June 2001
... for the record ,” 4 March 1952. ____. 1952e . T236/3241, Bridges to Butler, 26 February 1952. ____. 1952f . T230/389, Watts, “ The consequences of the 30 per cent devaluation of sterling against the US dollar ,” 25 February 1952. ____. 1952g . T236/3242, Hall, “ The future of sterling ,” 25 March...
Journal Article
History of Political Economy (2006) 38 (4): 711–731.
Published: 01 November 2006
... tool. In reply, Ragnar Nurkse (1945b, 291) criticized the use of anti-infl ation policies, in place of devaluation, because of their depressive effects. 7. A glaring example is the following: “The object of the International Monetary Fund is to keep exchange rates stable in the short run...
Journal Article
History of Political Economy (2001) 33 (1): 177–179.
Published: 01 March 2001
... minister who insisted—until the last moment in 1967—that devaluation of the pound was not a dis- cussible subject. The profession’s credibility in Britain—as was also the case in the United States—suffered even heavier damage in the “stagflation” days of the 1970s. Even so,a new low was established...
Journal Article
History of Political Economy (1977) 9 (1): 89–121.
Published: 01 March 1977
.... The devaluation of 1931 The relatively strong foreign exchange reserve position Sweden enjoyed in the closing years of the 1920’s began to erode in 1930 and then deteriorated alarmingly until September 193 1, when, as Brinley Thomas put it: with its foreign exchange reserves down to 30 million...
Journal Article
History of Political Economy (2004) 36 (Suppl_1): 127–164.
Published: 01 December 2004
...: An Inquest. HOPE 27 : 1 -41. Dornbusch, R. 1971 . Notes on Growth and the Balance of Payments. Canadian Journal of Economics 4 : 389 -95. ____. 1973a . Currency Depreciation, Hoarding, and Relative Prices. Journal of Political Economy 81 : 893 -915. ____. 1973b . Devaluation, Money...
Journal Article
History of Political Economy (1999) 31 (1): 207–209.
Published: 01 March 1999
... of finance—fictitious yet effective because of widely held belief in its power. For Goethe this power carries with it the seeds of destruction that, while “initially stimulating trade and commerce, will inevitably lead sooner or later to inflation, and so to devaluation and repudiation— refusal...
Journal Article
History of Political Economy (2011) 43 (suppl_1): 1–4.
Published: 01 December 2011
... and disequilibrium, but also statistical testing and all the knotty problems of how to do modeling in econometrics. Devaluing the Cowles Commission in turn prompts scholars to rethink the apparent split of econometrics and mathematical economics, which has remained opaque and underanalyzed. The split...