...Nils Gilman Modernization theory was among the most influential historical and policy paradigms to emerge in the United States during the 1950s, but fell into steep academic disrepute from the 1970s forward. Despite this loss of intellectual credibility, however, it has for fifty years continued...

.... History of Political Economy 18:3 0 1986 by Duke University Press CCC 00 18-2702/86/$1.50 Three precursors of modern theories of old-age pensions: a contribution to the history of social-policy doctrines J@n...

... the Complexities of the Modern Theory of the Firm Jan Horst Keppler and Jérôme Lallement The U-shaped average cost curve is one of the most widely used tools in microeconomic analysis. An introduction to the economic theory of the fi rm without presenting it would—the world over—be considered either...

...Roger E. Backhouse Abstract This article argues that it was no coincidence that one of the places in which the modern theory of finance was developed was the Massachusetts Institute of Technology. Not only had it attracted Paul Samuelson, who had a long-standing interest in the problem, but its...

.... Spengler, Joseph J. 1954 . Richard Cantillon: First of the Moderns” (parts 1 and 2). Journal of Political Economy 62 (August, October): 281 -95, 406-24. Stigler, George J. 1950 . The Development of Utility Theory. Journal of Political Economy 58 (August, October): 307 -27,373-96...

...Franck Jovanovic; Christophe Schinckus Financial economics and mathematical finance are the two traditional scientific disciplines that constitute modern financial theory. Although they still largely dominate modern financial theory, in the past few years a new “player” has increasingly been making...

... Bates [ 1899 ]. The Distribution of Wealth . New York: Augustus M. Kelley, 1965 . Dewey , Donald J. [ 1965 ]. Modern Capital Theory . New York: Columbia University Press. Dorfman , Robert [ 1959 ]. “Waiting and the Period of Production.” Quarterly Journal of Economics 73 : 351...

... Round in an “Endless Series.” HOPE 9 . 4 : 504 -21. World Bank. 1991 . World Development Report, 1991: The Challenge of Development . New York: Oxford University Press. Exchange-Value Determination: Scholastic Just Price, Economic Theory, and Modern Catholic Social Thought Albino...

...William R. Allen Copyright © 1970 by Duke University Press 1970 Modern Defenders of Mercantilist Theory William R. Allen The economic historians . . . seem to derive from their valid doctrine...

...- serves attention along with other economists and practitioners as a con- tributor and antecedent to modern human capital theory. Such modem theorists as T. W. Schultz and Gary Becker did not mention Jovellanos’ contributions on human capital. B. F. Kiker, in discussing antecedents to modem human...

... . The Theory of Games and Economic Behavior . Princeton:Princeton University Press. Book Reviews Classical Macroeconomics: Some Modern Variations and Distortions. By James C. W. Ahiakpor. London: Routledge, 2003. xvii; 234 pp. $95.00; £65.00.– James Ahiakpor has published a series of challenging...

.... Book Reviews 159 Joan Robinson and Modern Economic Theory (vol. I). Edited by George R. Feiwel. London: Macmillan, 1989. Ixvii, 927 pp. The Economics of Imperfect Competition and Employment: Joan Robinson and Beyond (vol. 2). Edited by George R. Feiwel. London: Macmillan, 1989...

... Cycle Theory: A Modern Assessment G. R. Steele Introduction The manner in which resources are integrated within more or less cap- italistic (or roundabout) methods of production is the key to Hayek’s analysis of business fluctuations. Any change to this structure of pro- duction has...

...Tristan Guesdon Abstract This article is a reassessment of the relation between Georg Friedrich Knapp and Modern Monetary Theory, a contemporary strand of economics that, under the term chartalism coined by Knapp, is presented by its proponents as a continuation of his 1905 State Theory of Money...

... based on buyer and seller reservation values and their motivation to buy low and sell high; the classical sketch of price formation offers a quite fruitful foundation for a modern theory of price discovery, supplied below. Market experiments, based on private distributed reservation values and using...

... of what came to be known as modernization theory.27 As Rostow s famous model of the stages of eco- nomic growth exemplified, modernization theory implied the existence of a single trajectory from tradition to modernity for advanced and less developed countries alike (Rostow 1960). Adopting...

...Harald Hagemann Shortly after World War II growth theory came to occupy a central position in modern economics. Two of the most important early contributions were made by Harrod and Domar. Both aimed to extend Keynes's analysis in the General Theory into the long run by considering under what...

..., Credit, and Banking 36 : 657 –63. Stein, Jerome L. 1971 . Money and Capacity Growth . New York: Columbia University Press. Stiglitz, Joseph E., and Hirofumi Uzawa, eds. 1969 . Readings in the Modern Theory of Economic Growth . Cambridge: MIT Press. Swan, Trevor. 1956 . Economic Growth...

... with mathematical rigor. As a species of general equilibrium theory, Sraffian economics is indeed rigoros but it appears to be irrelevant to the sort of issues that concern modern economists. Correspondence may be addressed to Mark Blaug, Langsford Barn, Peter Tavy, Tavistock, Devon PL19 9LY, UK. I thank Roger...

...Richard van den Berg Modern disagreements about the question to what extent Richard Cantillon anticipated the classical theory of profit and interest are, at least to some extent, due to ambiguities in his writings. New insights into his thinking can be obtained from considering, besides the French...