... based on buyer and seller reservation values and their motivation to buy low and sell high; the classical sketch of price formation offers a quite fruitful foundation for a modern theory of price discovery, supplied below. Market experiments, based on private distributed reservation values and using...

...J. M. Pullen History of Political Economy 19:3 0 1987 by Duke University Press CCC 00 18-2702/87/$1.50 William Anderson (fl. 1797-1 832), on banking, the money supply...

... . The wages fund controversy revisited. Canadian Journal of Economics and Political Science 33 : 509 -28. Clapp , B. W. 1962 . A Manchester merchant and his schedules of supply and demand. Economica 29 : 185 -87. Coppinger , V. M. , V. L. Smith, and J. A. Titus. 1980 . Incentives...

.... Keleher , Robert. 1982 . Supply-Side Economics: Guiding Principles for the Founding Fathers. Federal Reserve Bank of Atlanta Economic Review 67 ( September ): 42 -54. Laffer , Arthur B. , and Marc A. Miles. 1982 . International Economics In An Integrated World . Glenview, III.: Scott...

...: From Market Behaviour to Public Choice. Aldershot: Edward Elgar. Joint Supply Theory before Mill Edwin G. West 1. Introduction History of economic thought literature typically parades the stumbling progress of past analysts toward final scientific consummation with even...

...Don Patinkin Copyright © 1977 by Duke University Press 1977 1. I am much indebted to my colleagues Giora Hanoch and Aviah Spivack for helpful discussions. Bibliography Davidson , Paul , and Eugene Smolensky. Aggregate Supply and Demand Analysis . New York: Harper and Row...

... Adjustment: Marshall Revisited.” Economic Inquiry (June 1974 ): 146 -58. Davidson , Paul , and Eugene Smolensky Aggregate Supply and Demand Analysis . New York, 1964 . Grossman , H. I. “Was Keynes a ‘Keynesian'? A Review Article.” Journal of Economic Literature (March 1972 ): 26 -30...

... 1976 ): 133 -67. Bryce , Robert B. “An Introduction to a Monetary Theory of Employment” ( 1935 ). In Keynes, Cambridge and the General Theory , edited by Don Patinkin and J. C. Leith (London, 1977), p. 128 -45. Davidson , Paul , and Eugene Smolensky Aggregate Supply and Demand...

... . Keynes's General Theory fifty years on: its relevance and irrelevance to modern times . London: Institute of Economic Affairs. Casarosa , C. 1981 . The microfoundations of Keynes' aggregate supply and expected demand analysis. Economic Journal 91 ( March ): 188 -94. Davidson , P...

.... On the Effectiveness of Changes in Money Supply: The Puzzle of Mill’s View Filippo Cesarano The conduct of monetary policy, a most controversial subject in eco- nomics, is as yet unsettled. The rules-versus-discretion debate between monetarists and Keynesians in the 1960s, and between new...

... (Coleman 1981, 106). On the issue of the supply of la- bor, historians of political economy have well captured the essence of seventeenth- and eighteenth-century polemics in dividing thinkers into black (mercantilist/antilabor/low-wage) and white (liberallprolaborhigh- wage) camps...

... of the Rate of Interest on Prices. Economic Journal 17 (June): 213 -20. Money Supply Theory and the Great Depression: What Did the Fed Know? Elmus Wicker A key chapter in the history of money supply theory is missing: the evo- lution of the role of the currency-deposit ratio as a determinant...

... Tradition in Public Finance. In Fiscal Theory and Political Economy . Chapel Hill: University of North Carolina Press. ____. 1968 . The Demand and Supply of Public Goods . Chicago: Rand McNally. Buchanan, James M., and M. Z. Kafoglis. 1963 . A Note on Public Goods Supply. American Economic Review...

...: An Introduction to Analysis and Policy . Englewood Cliffs, N.J.:Prentice-Hall. Barens, Ingo. 1997 . What Went Wrong with IS-LM/AS-AD—and Why? Eastern Economic Journal 23.1 : 89 -99. Barro, Robert J. 1990 . Macroeconomics . 3rd ed. New York: Wiley. ____. 1994 . The Aggregate-Supply/Aggregate-Demand...

...Axel Leijonhufvud Copyright © 1973 by Duke University Press 1973 INA recent issue of this journal, Professor Buchanan has used the case of the backbending supply curve for labor to raise the question whether the current choice-theoretical “orthodoxy” does not, at least...

...Robert F. Hebert Copyright © 1974 by Duke University Press 1974 The theory of input selection and supply areas in 1887: Ernile Cheysson Robert F. Hebert With few exceptions, the history and development of location theory in the nineteenth...

...Laurence S. Moss Mountifort Longfield’s supply-and-demand theory of price and its place in the development of British economic theory Laurence S. Moss A correct assessment of Lonaeld’s place in the development of economic thought depends rather crucially...

...-unions: how far legitimate’ (1868). In Jenkin 1887. Jenkin , H. C. F. 1887b . ‘The graphic representation of the laws of supply and demand, and their application to labour’ (1870). In Jenkin 1887. Jenkin , H. C. F. 1887c . ‘On the principles which regulate the incidence of taxes’ (1871...

... as well) for deficiencies in “backbending” labor supply analysis. After a very long silence over this matter in the economic literature, James Buchanan, in 1971, unsuccessfully tried to propagate Lionel Robbins's use of the offer-curve approach for labor supply analysis. He praised its general equilibrium...