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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...
Journal Article
History of Political Economy (1972) 4 (1): 127–139.
Published: 01 March 1972
...Matthew A. Stephenson Copyright © 1972 by Duke University Press 1972 Mr. Stephenson is Associate Professor of Economics at Wofford College. The Paradox of Value: A Suggested Interpreta tion Matthew A. Stephenson...
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 (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 (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 (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 (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 (2016) 48 (suppl_1): 71–169.
Published: 01 December 2016
..., and mounting political instability. Among economists, American institutionalists were most attracted to psychology, notably Wesley Clair Mitchell and John Maurice Clark. Herbert Davenport, Thomas Nixon Carver, and Frank Knight were among the critics. It is suggested that the cultural context of America may...
Journal Article
History of Political Economy (2016) 48 (suppl_1): 198–225.
Published: 01 December 2016
... on the BIS Basel Committee on Banking Supervision engaged in implementation rationality through simulation in the form of the Regulatory Consistency Assessment Programme (RCAP). The examination of iterative modeling and solving for rules of action at the LSL and in the RCAP suggests that the explicit...
Journal Article
History of Political Economy (2016) 48 (suppl_1): 316–331.
Published: 01 December 2016
...John Staddon Choice behavior is studied differently in humans and in animals, and different theories have arisen to explain the results. I suggest that an approach derived from animal studies is also appropriate for human choice. Daniel Kahneman and Amos Tversky's prospect theory , a popular two...
Journal Article
History of Political Economy (2022) 54 (3): 459–481.
Published: 01 June 2022
... agricultural conditions; on the other, adaptation consisted of a form of institutional engineering, to harness political will, popular support, and bureaucratic structures for land reform. He developed, therefore, an array of methodological suggestions to collect relevant information during short visits...
Journal Article
History of Political Economy (2022) 54 (4): 785–799.
Published: 01 August 2022
... as formulated by Max Weber. This article maintains that a closer reading of Eucken and Weber reveals the similarity of their positions. Thus, Eucken should be seen as a proponent of the principle of value freedom. At the same time, his treatment of the subject suggests that his (implicit) model of policymaking...
Journal Article
History of Political Economy (2022) 54 (5): 921–934.
Published: 01 October 2022
... of moral philosophy and conceived of his writing as a branch of that discipline. This article suggests that we can better come to understand some important elements of Smith's thinking if we appreciate and read The Theory of Moral Sentiments in the context of a philosophical debate between Smith and his...
Journal Article
History of Political Economy (2023) 55 (3): 395–421.
Published: 01 June 2023
... for future research on the multiple roles of narrative in the history of economic practice are suggested. Third, and closely related to that second point, we go back to McCloskey's agenda of rhetoric and the persuasive power of narratives, either broadly conceived as in her own work or more narrowly...
Journal Article
History of Political Economy (2019) 51 (2): 329–359.
Published: 01 April 2019
...Viviana Di Giovinazzo This paper suggests that in the development of his critique of American consumer society, culminating in The Joyless Economy (1976), Tibor Scitovsky owed a significant intellectual debt to Erich Fromm. The latter’s influence can be detected in Scitovsky’s work from the 1950s...
Journal Article
History of Political Economy (2018) 50 (S1): 59–75.
Published: 01 December 2018
... that was born at the time poor? Third, has development economics more recently become more enriched? It will be suggested that greater appreciation of these Indian economic thinkers has implications for these questions. Correspondence may be addressed to Amitava Krishna Dutt, Department of Political Science...
Journal Article
History of Political Economy (2019) 51 (4): 601–669.
Published: 01 August 2019
... is that HOPE has always been more pluralistic than current members of the profession, who often see the journal as a stronghold for the historical reconstruction method, seem to acknowledge: while some individuals or groups of individuals have suggested bolder inflections for the field over the years...
Journal Article
History of Political Economy (2014) 46 (3): 525–535.
Published: 01 September 2014
.... This essay enriches the debate over the nature of Simons’s death by offering an account that brings together evidence that sheds light on the circumstances surrounding it. This evidence suggests that a grave disappointment Simons faced the day before he died contributed to his death and helps explain why...
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...