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Journal Article
History of Political Economy (2019) 51 (5): 827–865.
Published: 01 October 2019
... result has direct and devastating consequences for the Berg-son-Samuelson social welfare function, though he seemed to soften his position in the early eighties. On his side, especially from the seventies on, Samuelson remained active on this issue and continued to defend the concept he had devised...
Journal Article
History of Political Economy 11773484.
Published: 12 February 2025
... analysis in a way consistent with Manne's vision. Though the committee's effective life was very short and its direct influence negligible, the lessons learned informed Manne's subsequent efforts to institutionalize law and economics within the legal academy. [email protected]...
Journal Article
History of Political Economy (2020) 52 (3): 539–560.
Published: 01 June 2020
... purposes. Those numbers thus provided a resource for fighting poverty reduction—though the UNDP had few powers to hold governments to account. Correspondence may be addressed to Maria Bach: [email protected] ; and Mary S. Morgan: m. [email protected] . Copyright © 2020 Duke University Press 2020...
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 (2017) 49 (3): 437–450.
Published: 01 September 2017
... that plagues dynamic general equilibrium models, but also that the problem, though variously recognized, was essentially ignored. The suggestion that the capital theory controversy was a waste of time fails to recognize that Robinson had drawn attention to a fundamental unsolved problem in economic theory...
Journal Article
History of Political Economy (2016) 48 (suppl_1): 1–15.
Published: 01 December 2016
... and psychology, though recently there has been a steady rise in the numbers of both psychologists and economists interested in behavioral economics. From both disciplines have come behavioral challenges to the strong version of rational choice thinking. And, along with them, have come challenges...
Journal Article
“Losing My Religion”: Sidgwick, Theism, and the Struggle for Utilitarian Ethics in Economic Analysis
History of Political Economy (2008) 40 (5): 189–211.
Published: 01 December 2008
... into the economic realm, though the major impact came via his influence on A. C. Pigou, whose welfare analysis was very much a restatement of the Sidgwickian view, but undertaken with Marshallian analytical underpinnings. This article discusses Sidgwick's crisis of faith and his subsequent attempt to devise...
Journal Article
History of Political Economy (2014) 46 (suppl_1): 134–152.
Published: 01 December 2014
... of Trustees. Though Samuelson first intended to write a policy-oriented textbook with a strong Keynesian inclination, the changes he introduced, while keeping most of the substance, made it a more theoretically inclined text, in which policy recommendations were presented in a softened fashion. These events...
Journal Article
History of Political Economy (2013) 45 (3): 373–414.
Published: 01 September 2013
.... This circumstance helps to explain why the three marginalists remained committed to the classical understanding even though it did not square with their economic practices. Correspondence may be addressed to Ivan Moscati, Department of Economics, University of Insubria, Via Monte Generoso 71, 21100 Varese...
Journal Article
History of Political Economy (2014) 46 (2): 211–229.
Published: 01 June 2014
...Marcel Boumans The first two chapters of Trygve Haavelmo’s Probability Approach provide a very rich epistemological framework for understanding what is involved in finding laws outside the laboratory. Even though these laws will be inexact, a framework was developed to specify for which conditions...
Journal Article
History of Political Economy (2012) 44 (suppl_1): 27–45.
Published: 01 December 2012
... of the twentieth century. We show that aggregating heterogeneous pieces of observation is necessary— even though it might seem paradoxical—and it requires the statistician be a very cunning observer. Copyright 2012 by Duke University Press 2012 This essay was supported by the French National Agency...
Journal Article
History of Political Economy (2019) 51 (3): 579–599.
Published: 01 June 2019
... that took place—within the National Bureau of Economic Research already—in the 1950s and 1960s. Though they have been accompanied by a change in the “epistemic status of shocks” (Duarte and Hoover 2009, 228) in economics, which redesigned the Solow residual from a source of secular growth to be quantified...
Journal Article
History of Political Economy (2009) 41 (Suppl_1): 315–333.
Published: 01 December 2009
...Steven N. Durlauf This paper discusses the history of the use of cross-country regressions in modern growth economics. These regressions continue to be the workhorse of empirical growth analysis even though their meaning continues to be controversial. I argue that the early interpretations...
Journal Article
History of Political Economy (2009) 41 (Suppl_1): 88–106.
Published: 01 December 2009
...Lionello F. Punzo Relying on historical evidence as well as on rational arguments, this article reconstructs the birth of the neoclassical theory as a key episode of the parallel though interconnected evolution of the aggregate theories of growth and oscillations. As a by-product, it explains why...
Journal Article
History of Political Economy (2021) 53 (3): 551–569.
Published: 01 June 2021
..., which became a priority goal of Joseph II’s reforms. Finally, Cameralism was the backbone of policies in finances, taxation, and trade regulations though more openminded toward rising economic ideas. Correspondence may be addressed to Antal Szántay, PhD, Associate Professor, Corvinus University...
Journal Article
History of Political Economy (2016) 48 (4): 705–731.
Published: 01 December 2016
...Nathalie Sigot This article aims to understand the reasons why, in 1828, Jeremy Bentham's Defence of Usury was translated into French by Saint-Amand Bazard, one of the two leaders of the Saint-Simonians, even though it had already been translated twice, in 1790. Addressing this issue enables us...
Journal Article
History of Political Economy (2017) 49 (2): 177–206.
Published: 01 June 2017
... pillars. The first was that commerce was a straight-forward, “common sense” field of knowledge; the second was that, though commerce was not an abstruse field, it was businesspeople who understood it best. At the heart of this mercantile epistemology was the sense that the nation had one coherent business...
Journal Article
History of Political Economy (2020) 52 (1): 135–170.
Published: 01 February 2020
...Steven G. Medema The notion of a Pigovian tradition in externality theory, against which Ronald Coase and others reacted beginning in the 1960s, has a long history. This article, though, suggests that the literature of economics evidences no such tradition, and that the discussion of externalities...
Journal Article
History of Political Economy (2022) 54 (S1): 159–192.
Published: 01 December 2022
... that coexist in the field—and the porosity among them—this article proposes an answer to the question, How does feminist economics persist as an approach and a community even though both are quite diverse? The three tensions studied were as follows: the tension between the Women's Caucus of the Union...
FIGURES
Journal Article
History of Political Economy (2009) 41 (2): 297–309.
Published: 01 June 2009
... of the principle was faulty. The error is analyzed here, along with his handling of differential equations in general, and the reactions to these aspects of his economic theory made by contemporaries, especially Marshall, Walras, and Edgeworth. These were often critical, though not over his misuse...
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