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History of Political Economy (2017) 49 (4): 631–666.
Published: 01 December 2017
... demonstrated science of money, using geometrical methodology. The main purpose of this paper is to delineate the intellectual context from which Spinelli’s essay emerged in order to show how a neutral approach proceeding by definitions, postulates, remarks, propositions, theorems, and corollaries, becomes...
History of Political Economy (2012) 44 (suppl_1): 206–225.
Published: 01 December 2012
...Craufurd D. Goodwin Some novelists in the nineteenth century, for example Harriet Martineau and Charles Dickens, used fiction to illustrate the economic behavior postulated by the early political economists and their critics. “Realist” novelists later in this century and into the twentieth examined...
History of Political Economy (2008) 40 (1): 111–132.
Published: 01 March 2008
... theory of conflict that, without dismissing the assumption of rational behavior, points out some of its paradoxical consequences. Harsanyi's and Schelling's contrasting views on the axiom of symmetry, as postulated by Nash (1950), are then presented. This debate explains why, although in the early 1960s...
History of Political Economy (1986) 18 (4): 669–673.
Published: 01 November 1986
... regarding the postulates of his system, and in particular the fundamental ‘action postulate.’ This position is what departs most radically from em- piricism, since it asserts that these postulates are known to be true a priori, yet are statements with empirical content. It is this view...
History of Political Economy (1984) 16 (3): 363–379.
Published: 01 September 1984
... have their dzerences with their former teacher. For example, Rothbard contends that the fundamental axioms of human action are “broadly empirical’’ (1976, 24-28). This is at variance with Mises’ assertion that the postulates of his system are known to be true a priori. For his part...
History of Political Economy (1986) 18 (4): 661–668.
Published: 01 November 1986
... in his article we are no more enlightened. Thus he tells us (p. 374) that one of the criticisms that praxeologists would accept is the questioning of “the truth of the axioms and postulates from which the analysis begins,” but we find Mises denying this vehemently. Thus, in a very typical...
History of Political Economy (1974) 6 (3): 246–260.
Published: 01 September 1974
... statement that everything depended upon everything else for what I then regarded as the only possible type of valid causal statement in value theory-viz., the postulation of some kind of (rela- tively) independent “determining constant” from which one proceeded to the final conclusion by means...
History of Political Economy (1993) 25 (3): 499–514.
Published: 01 September 1993
... measure is introduced, money in its essence is postulated. . . . From this we must conclude that the whole of the so-called theory of value ought to be discarded in economics. Values are then replaced by prices, valuation by pricing, and we have a theory of prices instead of a theory of value...
History of Political Economy (1985) 17 (1): 51–71.
Published: 01 March 1985
... . 4 : 585 -616. Hayek , F. A. 1964 . The counter-revolution of science (1955). Reprinted. New York. Hine , Ellen McNiven 1979 . A critical study of Condillac's Traité des systèmes . The Hague. Hutchison , T. W. 1965 . The significance and basic postulates of economic...
History of Political Economy (1997) 29 (2): 185–200.
Published: 01 June 1997
... the diversity of expectations itself, as Smith seems to have believed, could be a source of welfare losses. I will argue that such a possible market failure can indeed be identified. It emerges, in particular, if three conditions, or postulates, are satisfied: 1. Expectations, though perhaps unbiased...
History of Political Economy (2003) 35 (3): 588–594.
Published: 01 September 2003
... that it was Joan’s other great enthusiasm, Maynard Keynes, who so plausibly insisted how disastrous was the Ricardian domination in the nineteenth century. This domination, however, cov- ered not only macroeconomic policy-making, but, in its introduction of the perfect knowledge postulate, much of economic...
History of Political Economy (2000) 32 (3): 441–471.
Published: 01 September 2000
... of postulates, of which the implications are developed to the extent deemed worthwhile in relation to the as- pects of reality expressed by the postulates. The study of the simpler modelsisprotected from the reproach of unreality by the considera- tion that these models may be prototypes of more...
History of Political Economy (1995) 27 (4): 653–685.
Published: 01 November 1995
... The reputation of John Maynard Keynes’s General Theory of Employ- ment, Interest, and Money as a badly written book is often exaggerated. But if it is deserved at all, it is because of parts such as chapter 2, “The Postulates of the Classical Economy.” Half a century of exegesis and interpretation have...
History of Political Economy (1991) 23 (3): 359–381.
Published: 01 September 1991
... . Philosophers against Metaphor. Philosophical Quarterly 32 ( July ): 231 -45. Hume , D.  1955 . An Inquiry Concerning Human Understanding . Indianapolis: Bobbs-Merrill. Hutchison , T. W.  1960 . The Significance and Basic Postulates of Economic Theory . New York: Kelley...
History of Political Economy (1998) 30 (1): 43–50.
Published: 01 March 1998
... to the individual in society, and then to proposals for monetary reform or nationalization of land, and from there to the evolution of society.’ On rereading Entwickelung it also becomes clear that Gossen’s laws are not what they used to be: Gossen’s first law is actually a postulate, and the second...
History of Political Economy (2013) 45 (3): 475–504.
Published: 01 September 2013
... and their Skillman / Marx’s Missing “Results” 477 respective values, determined by the labor time required to produce them. In particular, this account features Marx’s postulate that the existence of surplus value is to be explained on the basis that all commodities exchange according to their respective...
History of Political Economy (2006) 38 (Suppl_1): 86–105.
Published: 01 December 2006
...- late implies the first two. This is the reason why the literature retains the 6. This result has been known since Fisher 1892 and Pareto 1896. 90 François Gardes and Pierre Garrouste “Samuelson postulate.” Not only is Samuelson reluctant to introduce the idea that the demand functions need...
History of Political Economy (1994) 26 (4): 681–695.
Published: 01 November 1994
..., composed of elements from Smith, Ricardo, Mill, Marshall, Fisher, and Pigou, depend- ing on the context. Among these various theorists, however, Pigou-as Keynes’s Cambridge contemporary-clearly held a special place. It is Pigou who he explicitly discusses in chapter 2 on “The Postulates...
History of Political Economy (1990) 22 (3): 557–569.
Published: 01 September 1990
... of a perva- sive “postmodernism” in twentieth-century thought based on the pri- macy of desire. While Amariglio correctly notes that Foucault believed that theories postulating the desiring subject were still humanistic, I have not really been speaking of such a subject but rather of a desire out...
History of Political Economy (2003) 35 (3): 587–588.
Published: 01 September 2003
... macroeconomic policy-making, but, in its introduction of the perfect knowledge postulate, much of economic theorizing—including Joan’s. Terence Hutchison, Professor Emeritus, University of Birmingham Business Cycle Theory: Selected Texts, 1860–1939. Edited by Harald Hagemann. London...