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theory and practice

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Journal Article
History of Political Economy (1978) 10 (2): 322–328.
Published: 01 June 1978
...’ methodology in theory and practice A note by Abraham Hirsch Michael David Bordo’s study of J. E. Cairnes’ application of the methodology of positive economics to the analysis of the Australian gold discoveries which appeared in this journal’ is particularly wel- come because we have so...
Journal Article
History of Political Economy (1991) 23 (4): 767–769.
Published: 01 November 1991
...William Frazer Abraham Hirsch and Neil de Marchi. Hertfordshire, England: Harvester Whatsheaf, 1990. 325 pp. $49.95. Copyright © 1991 by Duke University Press 1991 Book Reviews 767 Milton Friedman: Economics in Theory and Practice...
Journal Article
History of Political Economy (1991) 23 (4): 769–772.
Published: 01 November 1991
... Assessment, 4 vols. London: Routledge. University of Florida WILLIAMFRAZER Milton Friedman: Economics in Theory and Practice. By Abraham Hirsch and Neil de Marchi. Ann Arbor: University of Michigan Press, 1990. 326 pp. $34.50. Hirsch and de Marchi provide...
Journal Article
History of Political Economy (2017) 49 (Supplement): 264–291.
Published: 01 December 2017
...Michele Alacevich After World War II, a new disciplinary field called “development economics” emerged, as economists began to shape specific theories in order to address the practical problems they were facing in less developed countries. Theory arose out of practice, in the sense that the shaping...
Journal Article
History of Political Economy (2021) 53 (1): 89–114.
Published: 01 February 2021
... of the Great Depression: Theory and Practice, 1932 36 Juan Zabalza The Spanish economist Germán Bernácer (Alicante, Spain 1883 1965) was an unusual case: a self-made economist who grasped the weaknesses of neoclassical theory to give a coherent and original account of economic fluctuations. He did so within...
Journal Article
History of Political Economy (2018) 50 (S1): 1–14.
Published: 01 December 2018
... of thought have contributed to reinterpret the evolution and divisions within development economics. The HOPE 2017 conference brought together for the first time development economists and historians of thought. The articles collected here reflect the tension between theory and practice and highlight...
Journal Article
History of Political Economy (2014) 46 (1): 117–148.
Published: 01 March 2014
...John H. Wood It is not generally realized how little changed monetary theory and the theory and practice of monetary policy are from the time before Keynes’s General Theory . Explanations of business fluctuations by Keynes’s predecessors closely resemble the current literature, notwithstanding...
Journal Article
History of Political Economy (2021) 53 (3): 389–405.
Published: 01 June 2021
...Lars Magnusson In recent years there has been a renewed interest in Cameralism, both as a discourse and as an administrative political economy, in both theory and practice. Attention has been drawn to how Cameralism—defined as thought and practice—should be understood. The aim of this article...
Journal Article
History of Political Economy (2008) 40 (1): 43–71.
Published: 01 March 2008
...Deirdre McCloskey Smith was mainly an ethical philosopher, though he practiced what was considered for a long time after Smith an obsolete sort of ethical philosophy, known nowadays as “virtue ethics.” Since 1790 most ethical theory as practiced in departments of philosophy has derived instead from...
Journal Article
History of Political Economy (2014) 46 (3): 409–433.
Published: 01 September 2014
... toward theory versus practice. References Aspromourgos T. 2012 . “ Keynes’s General Theory after 75 Years: Chapter 24 and the Character of ‘Keynesian’ Policy .” Economic Record 88 ( special issue , June ): 149 – 57 . Aspromourgos T. Rees D. White G. . 2010 . “ Public...
Journal Article
History of Political Economy (2015) 47 (suppl_1): 49–76.
Published: 01 December 2015
... than it was a technocratic theory and practice of how best to obtain them—a progressive method of economic governance. Though American economics cast its vocational lot with the regulatory state, left and right progressive economists offered different visions of the state's role in economic life...
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 (2019) 51 (3): 493–513.
Published: 01 June 2019
...Hsiang-Ke Chao Empirical tests in economics may not decisively confirm or disconfirm a theory. Three cases of studies of consumption function from the 1930s to the early 1970s discussed in this article show that we can interpret economists’ practices as inferences to derive the best model from...
Journal Article
History of Political Economy (2020) 52 (5): 827–861.
Published: 01 October 2020
... definition of serious theory : One starts with a few axioms, as close to self-evident as they can be . . . and then tries to work out all the logical implications of those axioms (Solow 1997a: 42). Solow then emphasized that formalist economics is a minority practice and adds: To tell the Ballandonne...
Journal Article
History of Political Economy (2017) 49 (Supplement): 158–186.
Published: 01 December 2017
..., empirical data, bits of economic theory, institutional arrangements, the aims and hopes of economic planning, images and visions of the economy, and the practical requirements and affordances of computing technologies. The article traces the movements and changes of the multi-sector growth model...
Journal Article
History of Political Economy (2011) 43 (suppl_1): 86–105.
Published: 01 December 2011
... particular focus is econometric computation and the degree to which computational algorithms are not determined by econometric theory, thus making it important for historians of econometricians to begin to consider the specific way in which econometrics is practiced as well as how the theory has evolved over...
Journal Article
History of Political Economy (2013) 45 (3): 373–414.
Published: 01 September 2013
..., discussions by Jevons and Walras of the measurability of utility or the extent to which their theories actually relied on such measurability largely originated from the tension between their classical understanding of measurement and the fact that their scientific practices did not square...
Journal Article
History of Political Economy (2017) 49 (2): 347–381.
Published: 01 June 2017
...,” what others have called the “shareholder value” view of the American firm. Jensen's work was embraced by a generation of corporate raiders aggressively advancing new financial practices and discourses. His contribution, commonly understood as “agency theory,” was intertwined with the transformations...
Journal Article
History of Political Economy (2020) 52 (S1): 85–111.
Published: 01 December 2020
... Terman. We show that engineers drew upon economic theories of decision and allocation to improve practical industrial management decisions. Reciprocally, economists found in engineering the tools that they needed to rethink production and growth theory (including linear programming, optimal control...
Journal Article
History of Political Economy (2019) 51 (3): 391–400.
Published: 01 June 2019
...Marcel Boumans; Pedro Garcia Duarte In the past two decades some of the history of economics turned from histories of economic ideas or economic thought , focusing on the study of “theories” and “schools of thought”, to histories of, for example, epistemic mediators such as “models”, “experiments...