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Journal Article
History of Political Economy (2022) 54 (2): 329–350.
Published: 01 April 2022
...Alain Béraud; Guy Numa Abstract The term “Say's Law” was introduced in the twentieth century by an American economist, Fred Manville Taylor. To this date, no research has thoroughly investigated how the term came to be and what it really meant in Taylor's writings. This paper aims to examine how...
Journal Article
History of Political Economy (1993) 25 (4): 725–738.
Published: 01 November 1993
...: Macmillan. Klausinger , H. 1990 . The Early Use of the Term “Veil of Money” in Schumpeter's Monetary Writings—A Comment on Patinkin and Steiger Scandinavian Journal of Economics 92 . 4 : 673 -21. Koopmans , J. G. 1933 . Zum Problem des “Neutralen” Geldes. In Beiträge zur Geldtheorie...
Journal Article
History of Political Economy (2017) 49 (1): 113–136.
Published: 01 March 2017
... proposal in his 1815 pamphlet, Grounds of an Opinion . Malthus (1803) argued that the contemporary British unbalanced and manufacturing export–led growth pattern was not sustainable in the long term; accordingly, he proposed food self-sufficiency as a safer long-term policy option than free foreign corn...
Journal Article
History of Political Economy (2001) 33 (3): 609–626.
Published: 01 September 2001
... in the Theory of International Trade . New York: Harper. Whewell, W. [1850] 1971 . Mathematical Exposition of Some Doctrines of Political Economy: Second Memoir . New York: Kelley. John Stuart Mill’s Equilibrium Terms of Trade: A Special Case of William Whewell’s 1850 Formula Andrea Maneschi...
Journal Article
History of Political Economy (2020) 52 (4): 653–682.
Published: 01 August 2020
...Alexandre Mendes Cunha The article focuses on François Perroux’s work at the second half of the 1940s, at the moment when he redefines his third-way ideas in terms of a liberal interventionist perspective. The point of departure is an interpretation of Perroux’s intellectual trajectory during...
Journal Article
History of Political Economy (2019) 51 (2): 297–327.
Published: 01 April 2019
...Judge Glock Histories of the Federal Reserve have argued that up through the Great Depression it adhered to a “real bills” or “Riefler Burgess” conception of monetary policy, which caused it to focus on short-term borrowing as an indicator of the stance of monetary policy. This article argues...
Journal Article
History of Political Economy (2019) 51 (S1): 7–29.
Published: 01 December 2019
...Martha Lampland Two wage systems designed to improve productivity among Hungarian workers are compared. The first, calorie money, was a short-term solution to keep workers properly nourished and hard at work in a capitalist economy in the midst of inflationary chaos at the end of World War II...
Journal Article
History of Political Economy (2020) 52 (5): 925–946.
Published: 01 October 2020
... substantial evidence to refute the widespread but mistaken view that, for Say, money was only a medium of exchange. In reality, not only did Say analyze long-term and short-term hoarding, but more generally, Say did envisage that money could serve as a store of value. In particular, three motives could lead...
Journal Article
History of Political Economy (2021) 53 (4): 697–720.
Published: 01 August 2021
...Pascal Bridel This article examines the evolution of Sismondi’s price theory as well as his concept of market from 1803 to 1838. Sismondi’s early 1803 price theory in terms of supply and demand is first examined and contrasted with that of Smith in the Wealth of Nations . The progressive...
Journal Article
History of Political Economy (2022) 54 (1): 75–108.
Published: 01 February 2022
...Elisabeth Wallmann The aim of this article is to probe the connections between two key fields of knowledge of the French Enlightenment: political economy and natural history. It does so by analyzing the uses of reproduction , a term that eighteenth- century political economists imported from...
Journal Article
History of Political Economy (2008) 40 (4): 613–632.
Published: 01 November 2008
... transaction and consumer surplus or rent, both of which were expressed exclusively in terms of money transfers. Later on, Marshall moved toward an explicitly utilitarian framework by emphasizing the marginal utility of money, possibly because he had stumbled on the problem of the determinateness of marginal...
Journal Article
History of Political Economy (2022) 54 (4): 689–718.
Published: 01 August 2022
...Erwin Dekker Abstract Thinking in terms of order is believed to be a feature of several liberal economic schools, most famously the ordoliberal school. This article demonstrates that the work of Jan Tinbergen provides a good example of “thinking in orders” on the left. His analysis of the national...
Journal Article
History of Political Economy (2018) 50 (3): 555–561.
Published: 01 September 2018
...Till Düppe This essay reflects on historiographical questions that are related to the fact that we write history of that which is still remembered by living persons, which, in practical terms, poses questions of conflicts of interest. Going through different sources of cooperation and conflict, I...
Journal Article
History of Political Economy (2018) 50 (S1): 59–75.
Published: 01 December 2018
...Amitava Krishna Dutt The main economic ideas of Dadabhai Naoroji, Mahadev Govind Ranade, and Mohandas Karamchand Gandhi are discussed in terms of their analysis of poverty and its causes, their economic methodology, their normative ideas about development, and their prescriptions for fostering...
Journal Article
History of Political Economy (2018) 50 (S1): 152–171.
Published: 01 December 2018
...Joseph L. Love Latin American structuralism, first promulgated in 1949 by the Argentine economist Raúl Prebisch, held that Latin American economies were characterized by heterogeneous technologies, structural unemployment, external disequilibrium, and secularly deteriorating terms of trade...
Journal Article
History of Political Economy (2018) 50 (S1): 193–210.
Published: 01 December 2018
....” Their move from using GNP per head to the Sustainable Development Goals is analyzed in terms of the potential performativity of those numbers in prompting development and for creating accountability. Correspondence may be addressed to Mary S. Morgan, m.morgan@lse.ac.uk ; and Maria Bach, mbach@aup.edu...
Journal Article
History of Political Economy (2019) 51 (3): 535–556.
Published: 01 June 2019
... consider that this narrative is problematic both in terms of historiography and the effects that it can have in the field as a way of assigning importance and credit to particular macroeconomists. Indeed, the point of view of the Keynesian economists is missing despite the fact that they were the target...
Journal Article
History of Political Economy (2019) 51 (3): 579–599.
Published: 01 June 2019
... to the initial impulse of short-term economic fluctuations. From then on, they entailed a choice among competing models of business cycles. I allege that the Solow residual, highly malleable and easily decomposable from both a theoretical and an empirical point of view, turned to be a clear-cut—although porous...
Journal Article
History of Political Economy (2010) 42 (4): 723–746.
Published: 01 November 2010
... possible by the market itself. Character could replace administrative interventions. Chalmers saw well-intentioned administration, especially with respect to the poor laws, as both crowding out inner motivations and creating a focus for the fermenting of dissent over the terms of “legal charity.” Better...
Journal Article
History of Political Economy (2023) 55 (5): 799–830.
Published: 01 October 2023
...Virginie Gouverneur Abstract Some commentators state that Marshall conceptualizes well-being primarily in terms of the consumer's and producer's surpluses, whose interdependence with moral character rests on the ability of markets to produce their effects on character spontaneously. The purpose...