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Journal Article
History of Political Economy (1970) 2 (2): 225–245.
Published: 01 June 1970
...Hans Brems References Boöhm-Bawerk , E. von , Positive Theorie des Kapitales (Innsbruck, 1888), translated as Positive Theory of Capital (New York, 1891 ), especially bk. 7, p. 381 -424. Brems , H. , “An Attempt at a Rigorous Restatement of Ricardo's Long–Run Equilibrium...
Journal Article
History of Political Economy (1985) 17 (1): 17–30.
Published: 01 March 1985
.... History of Political Economy I7:l 0 1985 by Duke University Press CCC 00 18-2702/85/$1.50 Ricardo on money: the operational significance of the non-neutrality of money in the short run James C. W. Ahiakpor One...
Journal Article
History of Political Economy (1973) 5 (1): 050–071.
Published: 01 March 1973
...Michael J. Gootzeit Copyright © 1973 by Duke University Press 1973 The Corn Laws and Wage Adjustment in a §hart-Run Ricardian Model Michael J. Gootzeit THEREare several vantage points from which...
Journal Article
History of Political Economy (2000) 32 (1): 169–170.
Published: 01 March 2000
... Economics in the Long Run: New Deal Theorists and Their Legacies, 1933– 1993. By Theodore Rosenof. Chapel Hill: University of North Carolina Press, 1997. 223 pp. Rosenof, a historian, argues that divisions among heterodox economists have pre...
Journal Article
History of Political Economy (2015) 47 (3): 395–417.
Published: 01 September 2015
...Michaël Assous Robert Solow has called repeatedly for the development of models that combine equilibrium and out-of-equilibrium outcomes, or what he calls medium-run macroeconomics. This essay recounts the history of his various attempts to address that issue. It starts in the early 1950s, when...
Journal Article
History of Political Economy (1989) 21 (4): 723–736.
Published: 01 November 1989
...–1983. Unpublished paper. Brussels: Commission of the European Communities. Tullio , G. 1987 . Long-run implications of the increase in taxation and public debt for employment and economic growth in Europe. European Economic Review 20 ( April ): 741 -74...
Journal Article
History of Political Economy (2009) 41 (Suppl_1): 182–199.
Published: 01 December 2009
...Robert W. Dimand; Steven N. Durlauf Although Tobin 1955 was one of the founding papers of the neoclassical one-sector growth model with smooth substitution between capital and labor, James Tobin's contributions to long-run growth theory throughout his career stood apart from other neoclassical...
Journal Article
History of Political Economy (1995) 27 (Supplement): 33–38.
Published: 01 December 1995
Journal Article
History of Political Economy (2019) 51 (5): 935–955.
Published: 01 October 2019
...Giuseppe Freni; Neri Salvadori; Rodolfo Signorino Malthus’s main economic argument against free corn trade in his Essay on Population concerned the issue of structural change triggered by international trade. Malthus claimed that, in the long run, agricultural countries will develop their domestic...
Journal Article
History of Political Economy (2020) 52 (S1): 294–304.
Published: 01 December 2020
... economists’ experiences and fostered their ambitions to make their technocratic economics usable in the world. This involved more than fashioning “tools” to solve specific problems, more than making “cameras” to describe and analyze the world, but even creating “engines” to help design and run economies...
Journal Article
History of Political Economy (2011) 43 (2): 389–411.
Published: 01 June 2011
...Bradley W. Bateman Efforts to consider economic life from a religious perspective almost always run headlong into the conflict between utilitarian values, which are the cornerstone of modern economic analysis, and religious values, which are almost uniformly nonutilitarian. This essay looks...
Journal Article
History of Political Economy (2010) 42 (2): 323–360.
Published: 01 June 2010
... in the long run. Stabilizations, through a monetary revolution close to what had been proposed by Bodin, Mariana, and Locke, occurred between the end of the seventeenth and the beginning of the eighteenth century. Correspondence may be addressed to Ludovic Desmedt, Université de Bourgogne, Cemf/LEG, 2...
Journal Article
History of Political Economy (2021) 53 (2): 179–211.
Published: 01 April 2021
...Maxime Desmarais-Tremblay The ancient Greek conception of oikonomia is often dismissed as irrelevant for making sense of the contemporary economic world. In this paper, I emphasize a thread that runs through the history of economic thought connecting the oikos to modern public economics...
Journal Article
History of Political Economy (2017) 49 (1): 137–159.
Published: 01 March 2017
... and debating the proper justification for its adoption. Finally, I show how the discussion over the substitution of the adaptive expectations by the rational expectations led Lucas to change his econometric testing of the natural rate of unemployment hypothesis from estimating long-run Phillips curves...
Journal Article
History of Political Economy (2009) 41 (Suppl_1): 67–87.
Published: 01 December 2009
...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...
Journal Article
History of Political Economy (2009) 41 (1): 109–141.
Published: 01 March 2009
... would run the technocracy they envisioned, and a faith that expertise could not only serve the social good, but also identify it; and that, while antimonopoly, the progressives believed that increasing industrial consolidation was inevitable, and desirable, consistent with their faith in planning...
Journal Article
History of Political Economy (2009) 41 (4): 673–708.
Published: 01 November 2009
... responded with its Brief of Arguments against Public Ownership (1913–17). Resembling a loose-leaf service for lawyers, the Brief furnished opinion leaders with more than three hundred items of evidence, some drawn from economists, about the failings of government-run enterprises. To impart lessons about...
Journal Article
History of Political Economy (2014) 46 (suppl_1): 229–251.
Published: 01 December 2014
..., it enabled experimentation with utopian long-run equilibrium growth. As an instrument of measurement, it was applied to time-series data. As a prototype, it was supposed to feed into larger-scale econometric models that were, in turn, thought of as technologies for policy advice. Used as a teaching device...
Journal Article
History of Political Economy (2014) 46 (suppl_1): 252–271.
Published: 01 December 2014
.... The article then turns a by-product of the controversy—the model of short-run disequilibrium by Solow and Joseph Stiglitz—arguing that this marked a turning point in macroeconomics at MIT. Throughout it is argued that the close personal contacts between MIT economists and their Cambridge counterparts...
Journal Article
History of Political Economy (2014) 46 (suppl_1): 295–314.
Published: 01 December 2014
... as a whole. It is concluded that there were significant affinities in theoretical interest running between MIT economics and other fields at MIT, which revolved around the emergence of macro-scale phenomena out of the dynamic interplay of local decision-making processes. However, the methodology through...