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Journal Article
History of Political Economy (1 March 2003) 35 (1): 1–19.
Published: 01 March 2003
..., 114 -43. London: Pickering and Chatto. Humphrey, T. M. 1987 . Lender of Last Resort. In The New Palgrave Dictionary of Money and Finance ,edited by P. Newman, M. Milgate, and J. Eatwell, 2 : 571 -74. London: Macmillan. ____. [1989] 1993 . Lender of Last Resort: The Concept in History. In...
Journal Article
History of Political Economy (1 March 1992) 24 (1): 215–217.
Published: 01 March 1992
... join forces with historians of science. That strategy, which presumably would receive institutional expression in professional journals, professional associations, curricula, and academic departments, should, I think, be regarded as an absolutely last resort. I say that not because I think...
Journal Article
History of Political Economy (1 November 1977) 9 (4): 595.
Published: 01 November 1977
... scholars searching for truth, but partisans trying to protect private prop- erty and the status quo from attack. This goal has led them to abstract their study completely from the empirical world by resorting increasingly to ab- stractions like utility, pure competition, and mathematics...
Journal Article
History of Political Economy (1 November 1977) 9 (4): 594–595.
Published: 01 November 1977
... bourgeois economists have not been scholars searching for truth, but partisans trying to protect private prop- erty and the status quo from attack. This goal has led them to abstract their study completely from the empirical world by resorting increasingly to ab- stractions like utility, pure...
Journal Article
History of Political Economy (1 March 1986) 18 (1): 184–185.
Published: 01 March 1986
... the feudal virtues of ferocity, self-seeking, clannishness and a free resort to force and fraud” (p. 96). Such blunders undermine Cord’s credibility, though they rarely affect the main lines of argument. Beyond its significant contribution to the literature on Henry George, Cord’s book...
Journal Article
History of Political Economy (1 March 1990) 22 (1): 145–148.
Published: 01 March 1990
... at point E on the lower 1. Note, however, that the necessary condition for a Giffen good is that the budget line is flatter than the subsistence line: OA / OB < OD/ OC. This ensures that the Giffen good is the cheapest food in case the consumer resorts to the consumption of only one kind of...
Journal Article
History of Political Economy (1 September 1992) 24 (3): 753–755.
Published: 01 September 1992
... proposition that less- developed countries (LDCs) move directly from pre-capitalism to socialism and skip capitalism entirely, not only as a last resort against blockade and encirclement but as a superior “first best” strategy for growth and development. Dependencia theorists-Andrk Gunder Frank is...
Journal Article
History of Political Economy (1 March 1971) 3 (1): 198–207.
Published: 01 March 1971
... produce would raise the real rents of the landlords. The significance of these four cases, according to their author, was that they explained how rents could rise without resort to poorer and poorer grades of land and without further diminishing returns upon land already under cultivation...
Journal Article
History of Political Economy (1 September 1994) 26 (3): 501–508.
Published: 01 September 1994
...) text must be more than the sum of biographies if it is to have any meaning at all. Another problem is that it is really impossible to say anything without generalizing to some extent. We all resort to “mod- els” or “ideal types” as explanatory devices to make sense out of an...
Journal Article
History of Political Economy (1 September 2009) 41 (3): 545–574.
Published: 01 September 2009
.... ———. 1989 . Lender of Last Resort: The Concept in History. Federal Reserve Bank of Richmond Economic Review 75.2 : 8 -16. King, P. (Lord). 1804 . Thoughts on the Effects of the Bank Restrictions. 2nd ed. London: Taylor. Laidler, D. 1981 . Adam Smith as a Monetary Economist. Canadian Journal of...
Journal Article
History of Political Economy (1 June 1978) 10 (2): 328–331.
Published: 01 June 1978
.... This would be reflected in the continuous resort to disturbing causes to explain every situation as a special case.8 This ability seems to be largely determined by subjective factors such as the individual’s research experience. Third, Hirsch agrees with my view that Cairnes...
Journal Article
History of Political Economy (1 September 1980) 12 (3): 457–459.
Published: 01 September 1980
... is incur- ably critical: “economic science--especially after 1945-raised or lowered to the level of cryptoideology, certainly did not become a science . . . but rather a technology of a very low scientific degree resorting mostly not so much to sci- entific theories as to techniques” (p. 5...
Journal Article
History of Political Economy (1 March 1986) 18 (1): 182–184.
Published: 01 March 1986
... therefore “preferred the feudal virtues of ferocity, self-seeking, clannishness and a free resort to force and fraud” (p. 96). Such blunders undermine Cord’s credibility, though they rarely affect the main lines of argument. Beyond its significant contribution to the literature on Henry George...
Journal Article
History of Political Economy (1 March 1995) 27 (1): 209–211.
Published: 01 March 1995
... equilibrium. Rather, outflows of gold were likely to trigger financial panics because the Bank of England refused to acknowledge its role as lender of last resort to the financial system. Joplin’s major macroeconomic policy proposal was to create a currency that would fluctuate exactly as a purely...
Journal Article
History of Political Economy (1 December 2014) 46 (suppl_1): 375–378.
Published: 01 December 2014
... Money and Banking, now online through Coursera. His most recent book is The New Lombard Street: How the Fed Became the Dealer of Last Resort (2010). His research has focused on the historical development of economic thought about money and finance in the twentieth century, which he uses as a...
Journal Article
History of Political Economy (1 September 1991) 23 (3): 533–536.
Published: 01 September 1991
...- fense of Campomanes, rather than his resort to unfounded claims such as “inherent contradictions.” Llombart still fails to establish “beyond all reasonable doubt” that Campomanes was the author of the Zndustria popular. Instead his reply ends with a series of hypotheses supported solely by...
Journal Article
History of Political Economy (1 April 2019) 51 (2): 297–327.
Published: 01 April 2019
... . 1997 . The Money Interest and the Public Interest: American Monetary Thought 1920–1970 . Cambridge, Mass .: Harvard University Press . Mehrling Perry . 2011 . The New Lombard Street: How the Fed Became the Dealer of Last Resort . Princeton : Princeton University Press . Meltzer...
Journal Article
History of Political Economy (1 September 1996) 28 (3): 529–531.
Published: 01 September 1996
... drummed into you in lab class, it is the weaker sciences that are forced to resort to escalating quantification. And with the climate of skepticism and distrust about the noble and selfless motives of contemporary scientists, all the sciences are caught up in a never-ending spiral of enhanced...
Journal Article
History of Political Economy (1 June 1971) 3 (2): 373–382.
Published: 01 June 1971
... set of tools is wholly unnecessary; resort to income effect offsets to substitution effects is not required. The general point is elementary and is apparently familiar to scholars in international-trade theory, but its specific application to the labor-supply curve seems to have been...
Journal Article
History of Political Economy (1 November 1974) 6 (4): 361–380.
Published: 01 November 1974
... In Western democracies, humanitarian sentiments held sway so that One might say briefly that since modern governments are keeping in power less and less by resort to force and more and more by a very expensive art of government, they have a very urgent need of economic...