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theoretical practice

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Journal Article
History of Political Economy (2022) 54 (3): 437–458.
Published: 01 June 2022
... was a science, at this stage the promoters of Western economics fostered only the theoretical ideas and were little concerned with practically applying them to actual economic situations. It was not until the next stage, when the students overseas rose in number, that practical solutions to China's pressing...
Journal Article
History of Political Economy (2017) 49 (Supplement): 158–186.
Published: 01 December 2017
... of the kind of knowledge these models brought about; and (2) with the ways in which these models shaped the practices, objects, and the very notion of macroeconomic planning. The concepts of bricolage and infrastructure help to account for the continuous reciprocal shaping of mathematical techniques...
Journal Article
History of Political Economy (2017) 49 (Supplement): 240–263.
Published: 01 December 2017
... allocation mechanisms. I use their study to trace and depict the emerging practice of applied experimental research as a multilayered endeavor which involves an interplay among theoretical, empirical, and practical considerations (akin to economic modeling) that allows the experimenter to move from...
Journal Article
History of Political Economy (2023) 55 (1): 1–38.
Published: 01 February 2023
... with it) proved a remarkable—although tacit—driving force behind Debreu's contributions of the early 1950s. raphael.fevre@univ-cotedazur.fr thomas.mueller@univ-paris8.fr Copyright 2023 by Duke University Press 2023 Maurice Allais Gérard Debreu deadweight loss theoretical practice welfare...
Journal Article
History of Political Economy (2019) 51 (3): 425–447.
Published: 01 June 2019
...Roger E. Backhouse; Beatrice Cherrier The FMP model exemplifies the Keynesian models later criticized by Lucas, Sargent, and others as conceptually flawed. For economists in the 1960s such models were “big science”, posing organizational as well as theoretical and empirical problems. It was part...
Journal Article
History of Political Economy (2019) 51 (3): 535–556.
Published: 01 June 2019
... of Lucas’s paper and that throughout the 1970s and 1980s they produced a fierce reaction against it. In this article we analyze the reactions by a broad set of authors (which we label “Keynesians”) that disputed the relevance of the critique. In spite of their diversity in methodological, theoretical...
Journal Article
History of Political Economy (2015) 47 (4): 547–575.
Published: 01 December 2015
... to become problematic. Both Marshall and F. Y. Edgeworth remained skeptical toward the theoretical treatment of externalities in consumption, offering reasons of both practical and analytical relevance. In the same period in the Economic Journal , Caroline Foley (1893) analyzed the phenomenon of social...
Journal Article
History of Political Economy (2018) 50 (1): 119–154.
Published: 01 March 2018
... most innovations can be traced to some conquest in the realm of either theoretical or practical knowledge that has occurred in the immediate or the remote past, there are many which cannot. Innovation is possible without anything we should identify as invention” (Schumpeter cited in Maclaurin...
Journal Article
History of Political Economy (2009) 41 (Suppl_1): 88–106.
Published: 01 December 2009
... that theory could be invented, practically at the same time, by two independent researchers, Solow and Swan. In our argument, the neoclassical theory represented a partially successful attempt to overcome the difficulties arising in the Harrodian interpretation of the classical macrodynamics program, which...
Journal Article
History of Political Economy (2014) 46 (2): 281–306.
Published: 01 June 2014
... of the 1840s. This followed a double logic (to be examined in section 5): on a practical level, the Com- mission du Luxembourg helped create and develop cooperative associa- tions; and on a more theoretical level, it tried to present a general con- ception of social reform that included social workshops...
Journal Article
History of Political Economy (2011) 43 (suppl_1): 140–165.
Published: 01 December 2011
...Hsiang-Ke Chao; Chao-Hsi Huang This essay studies the contribution of Ta-Chung Liu to econometrics by focusing on the models and methods of Liu's econometric practices from the 1950s to the 1970s. We document his development of an exploratory econometric approach, a development he effected...
Journal Article
History of Political Economy (1972) 4 (2): 325–343.
Published: 01 June 1972
... of a combination of theoretical economics with a third type of science-the practical or technological sciences of national economy, which were concerned with the “principles of suitable action” in the field of policy and finance. Given the dominance of the historical school, the failure to maintain...
Journal Article
History of Political Economy (1987) 19 (2): 183–189.
Published: 01 June 1987
.... But his methodological remarks and his theoretical practice usually go quite the other way. Walker believed in looking-at facts, observing actual behavior, and paying attention to the force of custom and social institutions. He was a latitudinarian in his choice of assumptions, always willing...
Journal Article
History of Political Economy (2008) 40 (1): 73–110.
Published: 01 March 2008
... the leading proponents of the associationist philoso- phy, which was later adopted by Jeremy Bentham (1748–1832) and James Mill (1773–1836). However, several theoretical practices of Ricardo, such as the use of what he calls his “strong cases,” contradict the method advo- cated by the two ministers...
Journal Article
History of Political Economy (2000) 32 (Suppl_1): 177–198.
Published: 01 December 2000
... in Scotland, and, following Alec L. Macfie (1955), Sheila Dow (1987), and Douglas Mair (1990, ix–xv), we have offered a view of the ori- gins, nature, and possible persistence of that tradition (Dow, Dow, and Hutton 1997; Dow et al. 1998). A tradition might include “not simply theoretical, practical...
Journal Article
History of Political Economy (2003) 35 (1): 77–104.
Published: 01 March 2003
... in the Permanent Income Hypothesis. In Measurement in Economics , edited by Carl F. Christ, 3 -28. Stanford, Calif.: Stanford University Press. Friedman, Milton, and Simon Kuznets. 1945 . Income from Independent Professional Practice . New York: National Bureau of Economic Research. Gilbert, Christopher L...
Journal Article
History of Political Economy (2016) 48 (3): 373–421.
Published: 01 September 2016
... so by reconsidering the theory-practice dyad in a way that makes theoretical traditions forms of subculture, mean- ing that they “would seem to have embodied ‘forms of life’ as much as cognitively grasped bodies of doctrine” (399). Like Chapoulie, Isaac equated social sciences with social...
Journal Article
History of Political Economy (1990) 22 (2): 187–222.
Published: 01 June 1990
... be matters on which opinions differ; for theoretical hypotheses realism does not matter, only expediency does. In sum, Schumpeter’s instrumentalism was applied to the differentia- tion between theoretical and historical hypotheses. If we follow the common practice in labeling as “historicism...
Journal Article
History of Political Economy (2022) 54 (2): 217–250.
Published: 01 April 2022
... process of both theoretical and econometric research can help us make progress, given that the regular testing of theories is a crucial element in this approach. (Malinvaud 1988c : 145) Malinvaud considered that the non-Walrasian theory and the practice of macroeconomic modeling were thus fully...
Journal Article
History of Political Economy (2017) 49 (Supplement): 58–77.
Published: 01 December 2017
..., literature chronicling theoretical tools and practices suggests that the traditional distinctions between pure and applied or theory and application are hard to sustain. Theorists, like all researchers, are engaged in a constant and fairly seamless swirl of thought and action that is dif - cult...