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Journal Article
History of Political Economy (1972) 4 (1): 127–139.
Published: 01 March 1972
...Matthew A. Stephenson Mr. Stephenson is Associate Professor of Economics at Wofford College. Copyright © 1972 by Duke University Press 1972 The Paradox of Value: A Suggested Interpreta tion Matthew A. Stephenson...
Journal Article
History of Political Economy (1986) 18 (2): 325–333.
Published: 01 June 1986
... hour’: suggested explanation of a famous blunder J. Bradford DeLong I In 1837 Nassau Senior-Drummond Professor of Political Economy at Oxford-published his Letters on the Factory Act. These were an exercise in applied economics: Senior tried to show...
Image
Published: 01 June 2023
Figure 3. Fragment of page from Marshall's Red Book showing the “causes affecting the price of consols” (government bonds). The curve shows the price of consoles Marshall had copied from Jevons's published chart. Marshall inserted shorthand narratives that suggested causal sequences of events More
Journal Article
History of Political Economy (2010) 42 (3): 403–424.
Published: 01 September 2010
...Terry Peach Based on an appraisal of Smith's (nonutilitarian) understanding of happiness in The Theory of Moral Sentiments , this article considers the possible origin, meaning, and fate of the “real measure” qua index of social happiness/welfare. It is suggested that the original welfare usage...
Journal Article
History of Political Economy (2011) 43 (2): 413–415.
Published: 01 June 2011
...Stanley Hauerwas In this brief response to Brad Bateman's address I suggest that Adam Smith's contribution to “economics” is more nuanced than many of his interpreters suggest when they characterize him as a utilitarian. Rather what Smith provided was an intellectual expression of “economics...
Journal Article
History of Political Economy (2011) 43 (3): 537–551.
Published: 01 September 2011
...Gerhard Michael Ambrosi In the pure theory of foreign trade, offer curves are still a well-known textbook device for analyzing conflicting interests between countries engaged in foreign trade. In his early days Alfred Marshall suggested that this analytical device be used also for industrial...
Journal Article
History of Political Economy (2017) 49 (4): 537–574.
Published: 01 December 2017
...Laura Holden; Jeff Biddle Prior to 1958, “human capital” was little more than a suggestive phrase in economics and played no role in discussions of education policy. Within five years, there was an active theoretical and empirical human capital research program in economics. Over the same period...
Journal Article
History of Political Economy (2015) 47 (3): 419–448.
Published: 01 September 2015
... a group of writers following their own narrow interests and argued for policies that furthered those interests at the expense of the general welfare. New work in the economic history of Europe from 1500 to 1800 suggests a reexamination of the role played by early mercantilist writers. The link between...
Journal Article
History of Political Economy (2019) 51 (S1): 75–99.
Published: 01 December 2019
... production and market exchanges in a socialist economy. The story suggests that Soviet economic discourse was neither homogeneous nor stable. Rather, it consisted of several subdiscourses of different levels of authoritativeness allowing for a certain stable core as an attribute of any authoritative...
Journal Article
History of Political Economy (2019) 51 (S1): 231–252.
Published: 01 December 2019
... and Karen Brutents, the article suggests that by the 1970s and 1980s, Soviet analysts increasingly believed that state structures could be self-interested, functioning as a type of class. Soviet scholars concluded that such self-interested state structures explained some of what they perceived...
Journal Article
History of Political Economy (2020) 52 (1): 135–170.
Published: 01 February 2020
...Steven G. Medema The notion of a Pigovian tradition in externality theory, against which Ronald Coase and others reacted beginning in the 1960s, has a long history. This article, though, suggests that the literature of economics evidences no such tradition, and that the discussion of externalities...
Journal Article
History of Political Economy (2022) 54 (S1): 17–41.
Published: 01 December 2022
..., was almost nonexistent until around 2010. A decade-by-decade comparison of men's and women's coauthorship networks suggests female-female networks in the most recent decade in our data (2010–19) roughly resemble male networks from earlier decades (1940–69) and highlight the key role prominent individuals...
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Journal Article
History of Political Economy (2023) 55 (1): 103–143.
Published: 01 February 2023
... the practice of consumption modeling drifted away from Hall's original proposal, suggesting the necessity of a more nuanced view of the notion of influence in contemporary macroeconomics. In this particular case, we found that drifting occurred within the bounds set by the Euler equation and the assumptions...
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Journal Article
History of Political Economy (2023) 55 (2): 279–316.
Published: 01 April 2023
... of the empirical criticisms later directed at the work by Friedman and Meiselman and the early versions of the St. Louis equation. Taken together, the theoretical and empirical work reported in Balbach's dissertation and in a 1959 article by Brunner and Balbach suggest these papers are clear antecedents of later...
FIGURES
Journal Article
History of Political Economy (2013) 45 (suppl_1): 220–253.
Published: 01 December 2013
... the analytical frame by multiplying the relevant actors, modes, and targets of intervention yet could still include within it research on public intellectuals narrowly construed. As an empirical example, we suggest that the design and diffusion of economic indicators—specifically, the GDP and the myriad...
Journal Article
History of Political Economy (2014) 46 (suppl_1): 337–350.
Published: 01 December 2014
... vanished both from the faculty and from the graduate program around 2010. The cost of this decline to current education and scholarship is suggested at the end of the narrative. Correspondence may be addressed to Peter Temin, Department of Economics, MIT, 77 Massachusetts Avenue, Room E18-276...
Journal Article
History of Political Economy (2015) 47 (suppl_1): 147–173.
Published: 01 December 2015
... pessimistic that he described it as nihilistic. This suggests that Samuelson's project of mathematizing and formalizing economic theory was a scientific failure. Correspondence may be addressed to J. Daniel Hammond, Department of Economics, 209 Kirby Hall, Box 7505, Wake Forest University, Winston-Salem...
Journal Article
History of Political Economy (2009) 41 (1): 183–208.
Published: 01 March 2009
...Terenzio Maccabelli Pareto was probably the first economist to suggest a way of measuring the inequality of incomes. But the interpretation of his index α came to be an object of contrasting judgments. This paper offers a reconstruction of the debate that involved Pareto's index, aimed...
Journal Article
History of Political Economy (2009) 41 (4): 737–747.
Published: 01 November 2009
...Joan O'Connell In outlining his theory of economic growth and income distribution, Kaldor made a “logical slip”: while in his model, workers might save, workers' assets were accounted for. Kaldor acknowledged the strong influence of Kalecki and Keynes on his work. What is suggested here...
Journal Article
History of Political Economy (2010) 42 (3): 469–481.
Published: 01 September 2010
...Håkan Eggert This article summarizes the contribution in fisheries economics by the Danish economist Jens Warming. Warming provides an early reference on the problem of open access, precedes Arthur Pigou in suggesting an optimal tax as a correction measure, which I refer to as a Warming landing...