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Journal Article
History of Political Economy (2021) 53 (3): 461–478.
Published: 01 June 2021
... for industrialization in order to promote economic development: (1) manufacturing had a highly differentiated division of labor; (2) manufacturing was an innovation- intensive activity; (3) manufacturing was a science-based activity; and (4) manufacturing cultivated people’s psychological qualities which were required...
Journal Article
History of Political Economy (2020) 52 (1): 101–133.
Published: 01 February 2020
... industries (it is higher in manufacturing industry than in services) and human demand for both agricultural and manufactured goods does not grow continuously and may be saturated. These two principles allowed him to propose a model which attempted to predict the high growth observed after World War II...
Journal Article
History of Political Economy (2021) 53 (3): 407–423.
Published: 01 June 2021
...Vera Keller This essay situates Wilhelm Schröder’s 1686 Princely Treasury and Exchequer ( Fürstliche Schatzund Rent-Cammer ) within the context of manufacturing projects in London and Vienna and debates over happiness they engaged. Conceptualizations of happiness have been seen as chief differences...
Journal Article
History of Political Economy (2017) 49 (1): 113–136.
Published: 01 March 2017
... proposal in his 1815 pamphlet, Grounds of an Opinion . Malthus (1803) argued that the contemporary British unbalanced and manufacturing export–led growth pattern was not sustainable in the long term; accordingly, he proposed food self-sufficiency as a safer long-term policy option than free foreign corn...
Journal Article
History of Political Economy (2019) 51 (5): 935–955.
Published: 01 October 2019
... structural change process is at work both in agricultural and manufacturing countries. Moreover, we show that, notwithstanding the broad similarity of their conclusions, Torrens and Ricardo followed two analytically different paths. Correspondence may be addressed to Neri Salvadori, Dipartimento di...
Journal Article
History of Political Economy (2013) 45 (suppl_1): 279–311.
Published: 01 December 2013
... describing agnotology, the new area of the history of science that studies such phenomena, we recount two instances of these activities: the role of market designers in the framing and justification of the Troubled Asset Relief Program, and the manufacture of the now-widespread impression that Fannie Mae...
Journal Article
History of Political Economy (2023) 55 (5): 963–997.
Published: 01 October 2023
..., was a cameralist who, having been trained in cameral sciences at university, tried to apply what he was taught to his industrial policy; second, Beuth's and Rother's industrialization policies accorded with the cameralist way of thinking in creating and promoting new manufacturing industries. Their ideologies were...
Journal Article
History of Political Economy (1994) 26 (3): 369–393.
Published: 01 September 1994
... production period. As manufacturing became increasingly important, the rigid production-period analysis appropriate for an agricultural economy was no longer a good approximation of the economic process. The stress on past inventories of wage goods was soon muted. It was substituted for some concept...
Journal Article
History of Political Economy (1978) 10 (4): 608–635.
Published: 01 November 1978
... (such as soil, climate, richness of mines); superior capability, either natural or acquired, in the labourers; better division of labour, and better tools or ma~hineryTorrens, Malthus, McCulloch, and others explained England’s superiority in manufactures in terms of such factors...
Journal Article
History of Political Economy (1980) 12 (1): 83–96.
Published: 01 March 1980
... on Population. The gist of the argument, as formulated in 1798, is that growth in the national output will be harmful to the working poor if it consists only of manufactured goods, which the working man does not consume, and at the same time entails a trans- fer of labor from agricultural...
Journal Article
History of Political Economy (1994) 26 (3): 487–499.
Published: 01 September 1994
... to be constant (1951-73, 1:103; Ricardo 1951-73 is given hereinafter as Works). Each worker receives initially $24 annually, permitting expen- diture of f12 on manufactured wage goods and f12 on food, amounting to three quarters of corn with the corn price at f4 per quarter. When the corn price rises...
Journal Article
History of Political Economy (1987) 19 (2): 207–215.
Published: 01 June 1987
...”) F under diminishing returns: F = F(LF F,>O, FO, where F( is a conventional constant-returns-to-scaleproduction function a) in labor and a fixed amount of land,5 and where food is the system’s wage good and numCraire; and an industrial sector producing manufactures M under...
Journal Article
History of Political Economy (1971) 3 (2): 238–264.
Published: 01 June 1971
... gave great weight in the Wealth of Nations to differ- ential employment-generating capacities of investment in agriculture, manufacturing, and trade of various kinds.l The establishment of a hierarchy of sectors, it has been said, is in sharp conflict with the fundamental argument...
Journal Article
History of Political Economy (1987) 19 (3): 415–433.
Published: 01 September 1987
... manufactures as “mercantilists.” l6 As the question of manufactures seems to have been crucial, it is time for us to look more closely into this issue. I11 As in many parts of continental Europe, Swedish governments in the seventeenth and eighteenth centuries...
Journal Article
History of Political Economy (1982) 14 (3): 385–405.
Published: 01 September 1982
... by Denis O’Brien, cited above, mentions Babbage as one of the five major influences on J. S. Mill’s Principles (the others being Smith, Rae, Comte, and Ricardo). Mill’s book contains page-length quotations from Babbage’s work On the economy of machinery and manufactures (London, 1832; 4th ed...
Journal Article
History of Political Economy (1973) 5 (1): 050–071.
Published: 01 March 1973
... an expansion in the agricultural sector of the economy would lead to a contraction in the manufacturing sector. Resources must thus be re- allocated in the economy if we regard population growth and capital accumulation to be constant. Here, we are regarding two variables that were independent...
Journal Article
History of Political Economy (1981) 13 (4): 794–811.
Published: 01 November 1981
... as easily as merchants and manufacturers? These three questions are written on interleaved sheets facing pp. 183, 186, and 187, and the numbers 1, 2, 3 are placed in the margins of pp. 183, 186, and 187 respectively, alongside the passages where Adam Smith’s answers to those questions...
Journal Article
History of Political Economy (1988) 20 (3): 447–460.
Published: 01 September 1988
... retains general validity.” It refers to “the doctrine that a favorable balance of trade is desirable,” and that a favorable balance in manufactures is particularly desirable. Other writers deny the existence of mercantilism. For my purposes all that matters is that Cantillon held views on policy...
Journal Article
History of Political Economy (1992) 24 (2): 273–309.
Published: 01 June 1992
... . A Reconsideration of the Theory of the Individual Business. Oxford Economics Papers 1 ( January ): 54 -89. Andrews , P. W. S. 1949b . Manufacturing Business . London: Macmillan. Andrews , P. W. S. 1949c . Letter to D. H. Robertson. 17 February. P. W. S. Andrews Papers. London School...
Journal Article
History of Political Economy (2008) 40 (4): 595–611.
Published: 01 November 2008
... to manufactures had been effected, the farmers themselves, as well as every other class of the community, except the landholders, would very considerably increase their profi ts” (Works 4, 33). The pamphlet had a clear political message. It showed that the true confl ict of interest in pro- hibiting...