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History of Political Economy (2011) 43 (3): 471–512.
Published: 01 September 2011
... of the same theoretical ideas and covered the same ground. Chamberlin was adamant in insisting on fundamental differences between their positions. Convinced of the superior explanatory power of his work, he devoted much of his post– Monopolistic Competition career laboring to reverse the disciplinary...
History of Political Economy (2018) 50 (1): 49–81.
Published: 01 March 2018
...Miriam Bankovsky Alfred Marshall’s treatment of cooperation includes a confusing mix of approbatory and disparaging positions. Cooperation is praised for aiming to “regenerat[e] the world by restraining the cruel force of competition,” but its aspirations are reportedly “higher than its practice...
History of Political Economy (2015) 47 (4): 547–575.
Published: 01 December 2015
... of this article. Copyright 2015 by Duke University Press 2015 social interdependencies consumption positional competition utility fashion References Andreozzi L. Bianchi M. . 2007 . “Fashion: Why People Like It and Theorists Do Not.” Advances in Austrian Economics 10 : 209...
History of Political Economy (1991) 23 (2): 263–278.
Published: 01 June 1991
... on the social ladder will meet with frustration again, for the ladder will simply move upward. There is only one rung at the top of the ladder, and greater educational determination will be required to climb. Both these cases are examples of what Hirsch terms “positional competition,” which...
History of Political Economy (2022) 54 (4): 745–784.
Published: 01 August 2022
... students of equilibrium to students of order, and from students of various positive orders to defenders of a specific normative order. The vision of the normative order on both sides of the Atlantic was the competitive order and its rules-based framework. Along with shared angst amid disintegrating orders...
History of Political Economy (2009) 41 (Suppl_1): 47–66.
Published: 01 December 2009
.... Gustav Cassel developed the notion of steady-state growth and its determinants. Erik Lundberg built on Cassel to put forward the so-called Harrod-Domar condition, and he introduced the “Horndal effect” in growth economics. Ingvar Svennilson advanced a hypothesis about the positive relation between...
History of Political Economy (1991) 23 (3): 457–480.
Published: 01 September 1991
... new gold discoveries) and c is positive, competitive banks may pay no explicit interest on their notes, even though note holders earn an implicit rate of return on the notes? In a competitively supplied convertible money system the price level is pegged by the conversion rate between...
History of Political Economy (1996) 28 (Supplement): 165–183.
Published: 01 December 1996
..., the faculty board either decides to fill the vacancy by inviting applications from peo- ple already holding the same position at another university, or asks for a competition to be announced for that particular position. Competitions are announced by the minister for higher education and research...
History of Political Economy (2015) 47 (1): 41–89.
Published: 01 March 2015
...” to Adam Smith, whom Marshall “worshipped” (quoted in Pigou 1925, 379). Hence, Darwin is a genetic link for Marshall and Porter? 7. The industrial organization view of strategy is also referred to as the competitive strategy or positioning approach. Jacobsen / Robinson, Robertson...
History of Political Economy (2017) 49 (4): 607–630.
Published: 01 December 2017
.... Curiously, Hellwig aims to prove the interventionist character of Eucken’s position by pointing to the fact that it was tolerated by the Nazis. In 1942, articles on competition and competition policy writ- ten by Eucken, Franz Böhm, and Leonhard Miksch were published in a series of the Academy...
History of Political Economy (1999) 31 (1): 79–107.
Published: 01 March 1999
... put Vera Smith and White, their differences aside, in a unique position concerning the famous debates of the classical school to which we will soon return. The mechanism at work under a regime where competitive banks issue convertible notes is described by Vera Smith through the exchange...
History of Political Economy (2003) 35 (3): 521–558.
Published: 01 September 2003
.... Clark on goods-market monopoly and trust regulation is third. Fourth, given the distance between the American economy and Clark’s idealized competitive model, I consider Clark’s policy positions in prac- tice. Fifth is Progressive American political economy’s commitment to social activism...
History of Political Economy (1999) 31 (3): 511–523.
Published: 01 September 1999
.... Constitutional Political Economy 6 . 2 : 191 -96. Buchanan , James M. , and Yong J. Yoon 1994 . The Return to Increasing Returns . Ann Arbor: University of Michigan Press. Dixit , Avinash K. , and Joseph E. Stiglitz 1977 . Monopolistic Competition and Optimum Product Diversity. American...
History of Political Economy (2011) 43 (3): 513–536.
Published: 01 September 2011
... emphasis), not necessarily the maximal one. His position with respect to such less-than-perfect competition in the output markets evolved after the first proof of the book (cf. Keynes 1973, 2:502). Compare the comment on the “first postulate” of classi- cal economics as formulated in the published...
History of Political Economy (1984) 16 (3): 445–469.
Published: 01 September 1984
...” by developing an argument in favor of pure competition “on moral grounds rather than on grounds of economic efficiency” (Jaffk 1977d, 375). The 12. For the positive theorem of maximum satisfaction, Walras referred to the Ekments, lessons 20, 21, and 22 (Walras 1898b, 195 n For the normative conclusion...
History of Political Economy (2012) 44 (1): 97–111.
Published: 01 March 2012
... operation [of the railroads]; as I indicated, that is merely a default position. What I wish is that railroad customers pay only the cost of transport, whether passenger or merchandise, just as they would on former means of transport if unlimited competition existed. I am very much disposed...
History of Political Economy (1998) 30 (3): 369–412.
Published: 01 September 1998
...- tivity and stimulate competition.6 Hall’s position as chair of the official working party to allocate these funds allowed him to influence their placement. Two institutions at which awards could be taken were the National Institute of Economic and Social Research and the Oxford Institute...
History of Political Economy (1979) 11 (1): 94–116.
Published: 01 March 1979
... Pigou replied with a two-pronged defense of his position. The first was to deny any circularity in his reasoning about free trade, which largely sidetracked Pigou onto questions of semantics, but without meeting Price’s substantive point. The second was to assert that free competition...
History of Political Economy (2003) 35 (1): 49–75.
Published: 01 March 2003
... in- ducedthe emergence of a position that clashedlogically with the (insuf- ﬁciently deﬁned) postulates of perfect competition. Hubert Henderson’s book (1922) representeda summary of the principles of the Marshal- lian doctrine typical of the Anglo-Saxon world at that time. His book did not deal...
History of Political Economy (1973) 5 (1): 165–198.
Published: 01 March 1973
... Aspects of Competition” (1890), he gave the appearance of a more positive attitude to trade unions, but in fact it was no more definite, because of its relative nature: “My point is that, in the scientific problem of estimating the forces by which wages are adjusted, a larger place has...