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Journal Article
History of Political Economy (2004) 36 (2): 387–400.
Published: 01 June 2004
... of Work as a Factor in Economic Theory David A. Spencer Early debate within neoclassical economics is characterized by disagree- ment over the nature of cost and its influence upon the supply of labor. On the one side, William Stanley Jevons ([1871] 1970) argues in support of the psychic...
Journal Article
History of Political Economy (2010) 42 (2): 392–394.
Published: 01 June 2010
... is history of thought or price theory, this book is a must read. Michael Perelman, California State University 10.1215/00182702-2010-011 Managing the Human Factor: The Early Years of Human Resource Manage- ment...
Journal Article
History of Political Economy (2017) 49 (4): 739–743.
Published: 01 December 2017
...Bradley W. Bateman The Nobel Factor: The Prize in Economics, Social Democracy, and the Market Turn . By Offer Avner Söderberg Gabriel . Princeton : Princeton University Press . 2016 . 250pp. $35.00 . Copyright © 2017 Duke University Press 2017 References Eichengreen...
Journal Article
History of Political Economy (2001) 33 (1): 184–187.
Published: 01 March 2001
... briefly mentioned. For the most part vol- ume 2 stands firmly on its own feet as an interesting and informative account of ideas and theories about the four principal factors of production. Volume 2’s wide-ranging,mainly historical,survey consists of seven chapters. A brief introduction is followed...
Journal Article
History of Political Economy (2004) 36 (3): 505–519.
Published: 01 September 2004
... Wenzer, 109 -33. Armonk, N.Y.: M.E. Sharpe. Tullock, Gordon. 1967 . The Welfare Costs of Tariffs,Monopolies, and Theft. Western Economic Journal 5 (June): 224 -32. Frank Knight’s Proposal to End Distinctions among Factors of Production and His Objection to the Single Tax Florenz...
Journal Article
History of Political Economy (2009) 41 (Suppl_1): 182–199.
Published: 01 December 2009
....: Princeton University Press. James Tobin and Growth Theory: Financial Factors and Long-Run Growth Robert W. Dimand and Steven N. Durlauf James Tobin, while universally acknowledged as one of the leading macro- economists of the twentieth century, is less well remembered as a growth economist...
Journal Article
History of Political Economy (1999) 31 (Supplement): 41–56.
Published: 01 December 1999
... Pfeiffer. New York: Rizzoli. The Problem of Unique Goods as Factors of Production: Rousseau on Art and the Economy Bertil Fridén One of Jean-Jacques Rousseau‘s projects was to develop a philosophy for the economy of what he thought were the most important things in life for mature women...
Journal Article
History of Political Economy (2019) 51 (3): 579–599.
Published: 01 June 2019
... factors, with the residual serving as a measure of total factor productivity growth. His method and results were met equally with praise and criticism. The interrogations around the residual gave rise to an abundant literature from the late 1950s which made it possible to improve the technique...
Journal Article
History of Political Economy (2023) 55 (3): 423–446.
Published: 01 June 2023
... of discovery. Instead of relying on the ceteris paribus method, which would examine one causal factor at a time, Marshall searched for an approach that captured the causalities in the economy as an encompassing whole. A shorthand for this approach is his famous epigraph to Industry and Trade : “The many...
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Journal Article
History of Political Economy (2018) 50 (S1): 231–248.
Published: 01 December 2018
...-output, or in the tradition of national income accounting. As concerns the three main figures of this article—the empirical researchers Tinbergen, Hollis Chenery, and Adelman—each developed his or her own approach to modeling: modeling in stages, modeling to capture universal patterns, and factor...
Journal Article
History of Political Economy (2009) 41 (Suppl_1): 285–303.
Published: 01 December 2009
...Roger J. Sandilands This paper evaluates Solow's neoclassical growth model and related empirical estimates of the sources of growth. Invoking Allyn Young, it is argued that the fundamental sources of growth cannot be measured by the value of factor inputs (including research inputs) without...
Journal Article
History of Political Economy (2011) 43 (1): 161–198.
Published: 01 March 2011
..., no systematic effort has been made to bring together these and other factors under one recognized framework of analysis. The present essay fills this gap by making use of an established tradition of work within the history of science literature devoted to identifying the intellectual, technical, institutional...
Journal Article
History of Political Economy (2016) 48 (2): 265–306.
Published: 01 June 2016
... discounting utilities of future generations, to which Frank Ramsey subscribed, postwar neoclassical growth economists (of the “Ramsey-Cass-Koopmans model”) applied the discount factor either to the individual's or the social planner's decision making as a technical requirement of dynamic general equilibrium...
Journal Article
History of Political Economy (2011) 43 (4): 743–763.
Published: 01 November 2011
...Jorge Morales Meoqui With the famous numerical example of chapter 7 of the Principles (1817) David Ricardo intended to illustrate first and foremost the new proposition that his labor theory of value does not regulate the price of international transactions when the factors of production...
Journal Article
History of Political Economy (2013) 45 (1): 99–121.
Published: 01 March 2013
... act to modify previously established market outcomes. In contrast, de Viti worked with a framework where political and market outcomes were established simultaneously because he regarded the state as an essential productive factor within society. At the same time, however, de Viti did not treat state...
Journal Article
History of Political Economy (2010) 42 (2): 221–266.
Published: 01 June 2010
..., were their technological heterogeneity—in the sense of significant differences in the capital-labor ratio between two or more sectors—and underemployment caused by maladjustment between the availability of factors and irreversible production methods. Both characteristics were explained...
Journal Article
History of Political Economy (2009) 41 (Suppl_1): 67–87.
Published: 01 December 2009
... for this “knife-edge” problem in the absence of any adjustment mechanism and based his alternative model on substitution between capital and labor in production and flexibility of factor prices. This article focuses on Solow's motivation and the main content of his approach in reaction to Harrod and Domar's...
Journal Article
History of Political Economy (2011) 43 (1): 225–246.
Published: 01 March 2011
... to show that while the seeds of this movement were sown at the University of Virginia, it was Virginia Tech that provided an environment in which a creative community could be established and flourish, and that this was a crucial factor in the evolution of the field of public choice. Correspondence...
Journal Article
History of Political Economy (2014) 46 (suppl_1): 60–77.
Published: 01 December 2014
...Roger E. Backhouse The article reconstructs the events surrounding Paul Samuelson’s departure from Harvard to MIT in October 1940, a crucial event in the rise to prominence of MIT’s economics department. The contrasting attitudes of Harvard and MIT to Jewish economists were just one of many factors...
Journal Article
History of Political Economy (2014) 46 (suppl_1): 109–133.
Published: 01 December 2014
... be an important factor in MIT’s rise to prominence. On a methodological level this article introduces collective biography, or prosopography, a well-established historiographical method, to the field of the history of economics. Correspondence may be addressed to Andrej Svorenčík, Department of Economics...