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Journal Article
History of Political Economy (2015) 47 (3): 481–510.
Published: 01 September 2015
...Elodie Bertrand One of Ronald Coase's insights was to extend the economic theory of choice to include the policy choice among institutional arrangements, which had to be analyzed with the same framework as the producer's choice. Both choices, he argued, are amenable to an opportunity-cost approach...
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in Balbach and Brunner: A Missing Stop on the Road from Warburton to Friedman-Meiselman and St. Louis
> History of Political Economy
Published: 01 April 2023
Figure 1 Relationship between income stream and volume of money. A , Income-producing expenditures that offset savings. B , Volume of money vs. volume of final product. C , Excess of cash outgo. (Based on data in Warburton 1945 .)
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Image
in Balbach and Brunner: A Missing Stop on the Road from Warburton to Friedman-Meiselman and St. Louis
> History of Political Economy
Published: 01 April 2023
Figure 1 Relationship between income stream and volume of money. A , Income-producing expenditures that offset savings. B , Volume of money vs. volume of final product. C , Excess of cash outgo. (Based on data in Warburton 1945 .)
More
Journal Article
History of Political Economy (2023) 55 (5): 799–830.
Published: 01 October 2023
...Virginie Gouverneur Abstract Some commentators state that Marshall conceptualizes well-being primarily in terms of the consumer's and producer's surpluses, whose interdependence with moral character rests on the ability of markets to produce their effects on character spontaneously. The purpose...
Journal Article
History of Political Economy (2023) 55 (5): 929–962.
Published: 01 October 2023
... and fiscal systems of his time confirms his diagnosis. A simple model built on his assumptions shows how clipping produces tax erosion in a commodity money system, and it illustrates how Campanella's plan not only eliminates this harm but also produces the benefit of higher government purchases...
Journal Article
History of Political Economy (2012) 44 (suppl_1): 71–89.
Published: 01 December 2012
... inquiry of French economy and society. Our claim is that this program of observation was for Quesnay and the physiocrats no less important than their theoretical investigation. The results of the surveys and agricultural accounts they produced were integrated in some of the physiocrats’ main theoretical...
Journal Article
History of Political Economy (2014) 46 (suppl_1): 81–108.
Published: 01 December 2014
... quickly became a major producer of PhDs. The new training offered by MIT to economists not only followed larger changes in US academe but also contributed to them, and this makes it an important case study of the transformation of American economics more generally. My aim here is to scrutinize...
Journal Article
History of Political Economy (2022) 54 (S1): 221–257.
Published: 01 December 2022
...Daniel Hirschman Abstract Studies of the political power of economic knowledge have tended to foreground the role of causal claims in the form of grand theories or more narrow findings produced by experimental methods. In contrast, scholars have paid relatively little attention to the role...
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Journal Article
History of Political Economy (2022) 54 (S1): 159–192.
Published: 01 December 2022
...Camila Orozco Espinel; Rebeca Gomez Betancourt Abstract Feminist economics was produced by the deployment of relatively diverse research under a single academic label. This article offers a global picture of the first years of feminist economics. Focusing on the heterogeneity of the approaches...
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Journal Article
History of Political Economy (2013) 45 (3): 443–474.
Published: 01 September 2013
... produced. This article aims at filling this gap. It analyzes the theoretical foundations of econophysics and their connections with the history of financial economics. It also explores the reasons underlying the emergence of econophysics and explains how econophysics has become the third component...
Journal Article
History of Political Economy (2012) 44 (4): 663–689.
Published: 01 November 2012
... steps. The first step is provided in section 1. This deals with Ricardo’s criticisms both of Say’s and Lauderdale’s criticisms of Smith and of Smith’s and Malthus’s arguments on the related issues of rent and the “annual produce of the land and labour of a country.” The second step is provided...
Journal Article
History of Political Economy (2017) 49 (2): 315–345.
Published: 01 June 2017
... such a monetary estimate was most likely to be produced. That strategy cut across social and epistemic commitments of different segments of the economics discipline, raising questions about the different meanings of expertise, and the role of economists in the legal, business, and public domain. This paper aims...
Journal Article
History of Political Economy (1978) 10 (4): 636–668.
Published: 01 November 1978
...Robert B. Ekelund, Jr.; Robert F. Hébert Division of labor, in research as well as in teaching, has produced, in economics as elsewhere, an indefinite number of specialities that are usually described as “applied fields.” … These fields may accumulate “private” stocks of facts and methods...
Journal Article
History of Political Economy (2009) 41 (3): 445–470.
Published: 01 September 2009
...Pedro Garcia Duarte Frank Plumpton Ramsey was a Cambridge mathematician who produced profound work in logic, philosophy, mathematics and economics in the first-half of the twentieth century. He died at the age of twenty six, in 1930, and his contributions, despite being few in number, have been...
Journal Article
History of Political Economy (2010) 42 (1): 155–192.
Published: 01 March 2010
... for general equilibrium to be present in Smith and yet, for his system to be an alternative to, rather than a precursor of, modern economics. I will show that coordination is crucial in both systems although the narratives that produce it are fundamentally different. I will argue that in the end...
Journal Article
History of Political Economy (2010) 42 (4): 679–721.
Published: 01 November 2010
... development. The analysis identifies three themes in Cohn's treatise that figured pivotally in the seminal writings that Veblen produced in the years that immediately followed: an interest in forging a new direction in economics, a via media between existing schools of political economy; a concern...
Journal Article
History of Political Economy (2012) 44 (2): 195–233.
Published: 01 June 2012
..., within the discipline itself, to the public policy implications of seemingly unselfish behavior. Then I shall argue that the various efforts to go beyond the self-interest model in economics and political science failed to build a coherent alternative model and produced equally ambiguous policy...
Journal Article
History of Political Economy (2011) 43 (2): 317–337.
Published: 01 June 2011
... environment serve to inform individual subjects how to produce items and the payoffs earned by items moved into their homes. Unknown to the subjects, but discoverable through repeat trials and discussion (via a “chat” space), are the possibilities for wealth creation through production, specialization...
Journal Article
History of Political Economy (2011) 43 (2): 375–378.
Published: 01 June 2011
... the economy. A journalism bubble accompanied the market bubble of the first part of the decade, one that failed to examine prevailing wisdom, discounted dissent, and produced little independent analysis. What have we learned since? Correspondence may be addressed to Philip Bennett, Sanford School...
Journal Article
History of Political Economy (2011) 43 (4): 699–742.
Published: 01 November 2011
... emerges. This article traces how Hayek's effort to produce a consistent business cycle theory led him to redevelop important parts of capital theory and the theory of expectations. The inherent difficulties of dealing with the durability of capital goods in an Austrian framework, as well as his evolving...
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