... of the intermediate technology movement in the field of economic development, promoting the idea from the early 1960s and then going on to establish the Intermediate Technology Development Group. This article discusses the evolution of Schumacher’s ideas on technology and development, showing how they reflected his...

.... The devel- opment of an “intermediate” technology would increase the chances of survival of such business firms. He also favours the application of “edu- cative protectionism” in order to give semi-industrial enterprises in devel- Vundewulle Neo-romanticism in political economy 45...

... of technologically differentiated industries, ordered by their priority for receiving scarce high-quality goods. The forced development of the economy is its qualitative differentiation, which over time creates inherent structural imperatives for large-scale reorderings of that priority hierarchy, lest the phenomena...

... to Economics. Economic Journal 113 : F585 –F631. Chari, V. V., Larry E. Jones, and Rodolfo E. Manuelli. 1996 . Inflation, Growth, and Financial Intermediation. Federal Reserve Bank of St. Louis Review 78 : 41 –58. Choi, Sangmok, Bruce D. Smith, and John H. Boyd. 1996 . Inflation, Financial...

... of the IS Curve and the Aggregate Demand Curve. Journal of Macroeconomics 4 (spring): 233 -38. Rowan, D. C. 1968 . Output, Inflation, and Growth: An Introduction to Macroeconomics . London:Macmillan. Rowan, D. C., and Thomas Mayer. 1972 . Intermediate Macroeconomics: Output, Inflation, and Growth...

... modest success of the search for “intermediate technologies” for underde- veloped countries in recent years. Such technologies may prove to be attainable, but they are certainly not readily available. Moreover, profit-oriented business firms do not ordinarily commit resources...

... in a purely quantitative “core” of the the- ory in which the relationships between prices and distributive variables enforced by free competition were seen to determine profits of capital and/or rents of land as the mentioned residual or “surplus.” They were so to speak “intermediate data” and not ultimate...

... of thought base themselves on similar observations as to what actually occurred as a result of the advent of marginalism as opposed to why it happened, they have more in common with each other than might at first appear to be the case. In recent years, however, an intermediate position has been...

... leg to stand on. Competitive prices, everyone now knows, must stand squarely on the two legs of (i) tastes, desires, needs and distribution of endowments (in short, on consumer-demand factors), and (2) technology and production costs. At one time or another, Adam Smith (very briefly), David Ricardo...

... falls if the rate of surplus value does not rise, or does not rise enough, and vice versa.” (1929, 83-84). Moszkowska refers to the case in which the new technology is intro- duced in only one sector as the problem of the partial composition of capital. This corresponds to Okishio’s...

... as intermediate inputs. This leaves a product attributable to the two inputs of labor and capital. We 2. Von Thünen used two different symbols for capital per worker, q and k, according to whether he measured capital in terms of labor or the workers’ means of subsistence. 3. Von Thünen can also...

... of the capital process in Prices and Production occurs in lecture 2. There Hayek identifies three generic types of materials. Two are factors of production: the original means of pro- duction and the intermediate products. The third is the final product, the consumption good. What becomes immediately...

... of Ricardo’s added Machin- ery Chapter in the third edition of the Principles (Davis 1989): first, that technological unemployment arises for Ricardo not only when machinery is explicitly taken into account in the added chapter’s treatment of fixed capital introduction, but also when one simply...

...) to meet intermediate product and ˜nal demand needs. Gosplan and the other central organs, including ministries, were to focus on long-run strategic, scienti˜c-technology (goal-program) development, and demand planning, as the SOFE program recommended. 176 Richard E. Ericson Like SOFE, perestroika came...

.... ———. 1994 . Perspectives on Growth Theory. Journal of Economic Perspectives 8.1 : 45 –54. Stiglitz, Joseph E. 2006 . Samuelson and the Factor Bias of Technological Change. In Samuelsonian Economics and the Twenty-first Century , edited by Michael Szenberg et al. Oxford: Oxford University Press...

... of the revival had misunderstood the classical economists; the authors, according to Blaug, had claimed that the classical economists treated as givens the real wage, outputs, and technology—a claim that, in Blaug’s estimation, amounted to a grave misunderstanding of the classical econ- omists...

... a constant proportion of total revenue only if certain conditions hold true. First, we assume, in this short- run model, thak technology remains unchanged. Second, we assume that the degree of vertical integration of firms remains unchmged, so that ithe measure of the intermediate-firm...

... of the banking system’s in- hibiting the adjustment of the observed market rate to the “natural” equi- librium rate. For Wicksell the latter was governed by underlying real factors of technology and preferences (“productivity and thrift From time to time these forces might shift, altering...

... at the Institute Archives and Special Collections of the Massachusetts Institute of Technology. I would like to thank MIT’s archival staff, and particularly Nora Murphy, for their great help. I would like to thank Roger E. Backhouse, Beatrice Cherrier, E. Roy Weintraub, and other participants of the 2013 HOPE...

... major where a top undergraduate education is in no way reasonable preparation for graduate school in the field. The introductory-through-intermediate micro and macro courses along with the standard topics courses are predominantly covered by textbooks, on the basis of which tests and problem sets...