...Orace Johnson Copyright © 1969 by Duke University Press 1969 The “Last Hour” of Senior and Marx Orace Johnson Man’8 heart is a wonderful thing, especially when carried in the [ideological] purse...

...J. M. Pullen Dept. of Economics, The University of New England, Armidale, N.S.W. 2351 AUSTRALIA. Copyright © 1989 by Duke University Press 1989 References De Long , J. B. 1986 . ‘Senior's “last hour”: suggested explanation of a famous blunder.’ History of Political Economy...

...James Forder The Economists’ Hour: False Prophets, Free Markets, and the Fracture of Society . By Appelbaum Binyamin . New York : Little, Brown and Company , 2019 . 448 pp. $18.99 . Copyright 2021 by Duke University Press 2021 References Card David Krueger Allen...

... hour’: suggested explanation of a famous blunder J. Bradford DeLong I In 1837 Nassau Senior-Drummond Professor of Political Economy at Oxford-published his Letters on the Factory Act. These were an exercise in applied economics: Senior tried to show...

.... Not surprisingly, all three were working on productivity measures. From 1936, debate was focused on the issue of the forty-hour week and then moved to the context of the arms race and the preparation for an inevitable war. The war period resulted in shortages that required planning of production...

... throughout the day. I I Be- cause these customers distribute themselves randomly among the available stock, it takes some time before each firm learns the rate at which it is selling. Define an hour (h = 1, . . . , m) as the minimum time it takes before the firms can form an impression...

.... Kerton, R. 1971 . Hours of Work: Jevons' Labor Theory after 100 Years. Industrial Relations 10 : 227 -30. Knight, F. 1921 . Risk, Uncertainty, and Profit . New York: Houghton Mifflin. Marshall, A. [1890] 1910 . Principles of Economics . 6th ed. London: Macmillan. O'Connor, J. 1961...

..., that is, by merely adding up hours of labour irrespective of their quality. Moreover, the first two paragraphs of chapter 10 make it clear that Cantil- Ion takes the relative ‘quality’ of different hours of labour to be measured by their relative wage rates, the preceding chapters 7 and 8 having already...

... Which Regulate Wages and on the Manner and Degree in Which Wages Would Be Reduced by the Passing of a Ten Hours Bill . London: Smith, Elder, & Co. Walker, K. O. 1941 . The Classical Economists and the Factory Acts. Journal of Economic History 1.2 : 168 -77. White, M. V. 1994 . “That God...

... of our problem, the equitable reward of labor.”g When Warren began his first Time Store in Cincinnati in 1827, labor was at first exchanged “upon the simple basis of hour for hour in all pursuits, without any element of measurement but that of time.”lo However, Warren recognized...

...-intensive sources of production (hydropower), and the in¤uence of Allais, developed a visionary under- standing of economic rationality through the implementation of peak-load pricing. They drew a straightforward link between consumption (espe- cially during peak hours) and costs, signaling through prices...

...: the maximum amount a person is allowed to inherit does not ben- efit the poor, and his proposed tax on inheritance is insubstantial. In the debate on the factory acts Mill came down in favor of restricting working hours for minors, but he was unwilling to endorse reductions of labor hours for adult...

... it, or by its socially necessary labor time. The two hours it takes society to produce each yard of silk are, then, a composition of the one hour it takes A to produce one yard with the three hours it takes B, and so on. Hence, when silk-producing labors are normalized, their diverse individual...

... and integrated an increasingly diverse set of customers who used power at different hours of the day, the systems achieved greater ef ciency and still-lower costs. Interties between systems allowed for further economizing as loads were further diversi ed. Social organizational innovations also reinforced growth...

...Donald Barthelme Copyright © 1991 by Duke University Press 1991 Game Donald Barthelme Shotwell keeps the jacks and the rubber ball in his attache case and will not allow me to play with them. He plays with them, alone, sitting on the floor near the console hour after hour, chanting "onesies...

... where an economics program exists. It appears that only two universities do not offer compul- sory courses in HET at least once in the four-year program, and the same number offer courses during three years. On the whole, the thirty-eight universities deliver on average sixty-eight hours of courses...

... the form of its machines, and most machines are built to op- erate with a certain ratio of labor hours per machine hour; this point had been made by J. M. Clark (1923, 86), by D. H. Robertson (1931, 229), and by Nicholas Georgescu-Roegen (1935). (Stigler’s view does seem plausible for agriculture...

..., or Sylvia Nasar s A Beautiful Mind (1998). But what was once a trickle has become a torrent in the last decade. From Daniel Rodgers s Age of Fracture (2011) to Binyamin Appelbaum s The Economist s Hour (2019), economists are increasingly under the gaze of noneconomists. Economists are understood more...

... History of Political Economy 23:l (I991) Hicks. Generally the analyses do not start from a specification of a utility function but rather begin directly with an hours-of-work function such as hi = (YO + ai(w/p)j + a,b/p)i + a3Ai + ~i, where hi is the number of hours worked by a given...

... handicrafts for the market. Thus, in effect, the aggregate working day could be broken into three segments: (i) the number of hours which households devote to production on their own account; (ii) the number of hours in which they work for wages while producing goods and services which...