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Journal Article
History of Political Economy (2020) 52 (S1): 294–304.
Published: 01 December 2020
... economies (from war or depression) as well as creating “modern” economies in postwar developmental states. The latter is marked by the development of engineering-type tools to solve particular economic problems. While the former mode came into its own in mid-century, and lost confidence in later years...
Journal Article
History of Political Economy (2010) 42 (Suppl_1): 133–164.
Published: 01 December 2010
... theory to cybernetics. As this profusion of analytical technologies gathered pace in the early years of the Cold War, practitioners of economics and cognate disciplines began to register what I term tool shock . Foundational debates about the epistemological properties and scientific legitimacy...
Journal Article
History of Political Economy (2020) 52 (4): 621–652.
Published: 01 August 2020
... instead of it having been first derived or invented. 3. As with many famous discoveries, there is also arguably an unacknowledged precursor. See Whitaker 1964. function, and its younger sibling, the CES utility function, remain import- ant tools for both theoretical and empirical researchers in economics...
Journal Article
History of Political Economy (2020) 52 (2): 307–339.
Published: 01 April 2020
... in intersectoral imbalances at the level of monetary flows with fiscal tools. institutional economics indicators national income accounting Keynesianism macroeconomic governance References Alchon Guy . 1985 . The Invisible Hand of Planning: Capitalism, Social Science, and the State...
Journal Article
History of Political Economy (2021) 53 (S1): 81–110.
Published: 01 December 2021
... orientations. By analyzing the financial programming tool, the article shows that the treatment of basic national accounting identities neglects variables like household consumption even when alternative methods exist. Changes in methods may be discarded to ensure the legibility of economic works over...
Journal Article
History of Political Economy (2020) 52 (4): 683–707.
Published: 01 August 2020
...Mario Pomini Bruno de Finetti (1906–1985) is well known as the founder of the subjective theory of probability. Less known is his contribution to economic theory. The article presents the contributions of de Finetti in the field of welfare economics. He advanced a new mathematical tool: the theory...
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...
Journal Article
History of Political Economy (2015) 47 (4): 547–575.
Published: 01 December 2015
..., however, proved difficult to be addressed with the then available economic tools and this, in turn, led to their being simply shelved. We conclude by noting that the participants in this debate cast the problem of social interrelations in consumption almost exclusively in terms of positional rivalry...
Journal Article
History of Political Economy (2010) 42 (Suppl_1): 315–342.
Published: 01 December 2010
..., Education, and Welfare. This growing influence of economists sheds light on the emerging economic analyses of social phenomena, such as human capital theory, health economics, and the economic analysis of crime, which appeared as valuable tools for public policy. We also study the reaction of other social...
Journal Article
History of Political Economy (2019) 51 (5): 827–865.
Published: 01 October 2019
..., and, behind them, two distinct communities—welfare economics, which was on the wane, against the emerging social choice theory—representing two conflicting ways of dealing with mathematical tools in welfare economics and two different conceptions of social welfare. I am grateful to Jerry S. Kelly...
Journal Article
History of Political Economy (2009) 41 (2): 311–342.
Published: 01 June 2009
... economics and econo- metrics. In 1957 he was made an honorary member of the Econometric Society. Giuseppe Pal- omba (1908–1986) taught economics at Naples and Rome. Amoroso’s pupil, he constructed a highly original theory of economic axiomatization based on “Lie groups,” a mathematical tool...
Journal Article
History of Political Economy (2017) 49 (Supplement): 264–291.
Published: 01 December 2017
... constructed, and many of the main policy prescriptions had clearly failed. The result was a complete reorien- tation of the discipline, in which “neoclassical economics,” hitherto believed irrelevant to developing countries, became central. The Œeld started to apply, systematically, tools such as cost...
Journal Article
History of Political Economy (2011) 43 (suppl_1): 235–257.
Published: 01 December 2011
... tool in their field. They saw the regression as a way to address long-standing questions specific to agricultural economics. As a result, their defense and development of the method, as well as the criticisms they attracted from their colleagues, while drawing on the earlier literature surrounding...
Journal Article
History of Political Economy (2016) 48 (suppl_1): 16–43.
Published: 01 December 2016
... this connec- tion. A culture in which individuals are immersed in accounting practices might. In this essay I have examined how, in such a culture, agency became theorized in terms of accounting tools. Tools to regulate and con- trol private conduct informed a theory of the economic agent, who came...
Journal Article
History of Political Economy (2009) 41 (Suppl_1): 127–146.
Published: 01 December 2009
... technical change is discussed and the simple way in which it is represented. The approach is similar to Weintraub's (1991) contextualization of Samuelson's Foundations of Economic Analysis (1947), but it will map out the two mathematical contexts in which Solow's 1957 article can be located. Samuelson's...
Journal Article
History of Political Economy (2009) 41 (1): 1–55.
Published: 01 March 2009
... the certainty equivalence property, which made their solutions feasible for the computers available at that time. Appearing in that narrative are Poole (1970) and Sargent and Wallace (1975), who were among the first to apply the tool to monetary economics. In this article I argue that in addition to offering...
Journal Article
History of Political Economy (2016) 48 (suppl_1): 198–225.
Published: 01 December 2016
... and psychologists at the LSL conducted game simulations structured by four separate laboratory problems. Economists went from using simulation to demonstrate the superiority of optimal policies derived from deductive economics to using the experiment as an inductive tool. One concern in this historical case study...
Journal Article
History of Political Economy (2017) 49 (Supplement): 158–186.
Published: 01 December 2017
... from simply being a passive “tool for decision making,” structured bureaucratic procedures, and formatted the basic concepts of policymaking. In contrast to stories of big theoretical breaks and shifts in economic ideas in the 1970s, the paper finally asks for the continuities of so-called applied...
Journal Article
History of Political Economy (2019) 51 (3): 515–534.
Published: 01 June 2019
... : Desclée, Fleurus . Morgan Mary Susanna . 2013 . The World in a Model . Cambridge : Cambridge University Press . Pinzón-Fuchs Erich . 2016 . Economics as a ‘tooled’ discipline: Lawrence R. Klein and the dissemination of macroeconometrics, 1930–1955 . PhD diss. Université Paris...