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Published: 01 June 2023
Figure 1. Percentage of total corn acreage planted with hybrid seed. (Source: USDA, Agricultural Statistics , various years.) More
Journal Article
History of Political Economy (2012) 44 (suppl_1): 46–70.
Published: 01 December 2012
... and Measurement in Russia before 1917: Surveying Typicalities and Sampling Totalities Vincent Barnett With a few notable exceptions, economists in the West in the nineteenth century focused their attempts at gathering and analyzing observations on Western countries and institutions...
Journal Article
History of Political Economy (2022) 54 (2): 329–350.
Published: 01 April 2022
... Taylor defined and used it. Drawing upon Taylor's publications and archival sources, we show that Taylor coined the term in direct reference to Jean-Baptiste Say's writings. Simply put, Say's Law was defined by Taylor as the principle that “total demand must in the long run coincide with the total...
Journal Article
History of Political Economy (2019) 51 (3): 579–599.
Published: 01 June 2019
... factors, with the residual serving as a measure of total factor productivity growth. His method and results were met equally with praise and criticism. The interrogations around the residual gave rise to an abundant literature from the late 1950s which made it possible to improve the technique...
Journal Article
History of Political Economy (2021) 53 (4): 595–631.
Published: 01 August 2021
... that he modeled have remained a total mystery. Based on archival material, this mystery is solved in this account by making visible the specific influences from economics and mathematics that inspired him. I argue that von Neumann’s 1937 paper resulted from a deep engagement with economics...
Journal Article
History of Political Economy (2024) 56 (1): 73–107.
Published: 01 February 2024
... in real income. He introduced the principle of compensation of demands: if the price of a commodity changes, the value of the total demand for other commodities remains unchanged. He relied on this principle to demonstrate that a unilateral removal of trade restrictions can cause real income to fall...
FIGURES
Journal Article
History of Political Economy (2012) 44 (1): 97–111.
Published: 01 March 2012
...-convergence with the views of Walras, do not withstand scrutiny when examined against the totality of Dupuit’s economic writings. In this article we reaffirm and defend our body of work that depicts Dupuit as an important advocate of market-based principles in the formation and development of his views...
Journal Article
History of Political Economy (1983) 15 (3): 391–396.
Published: 01 September 1983
...- logical regulation, e.g., closed seasons, restrictions on gear, etc., can prevent biological overexploitation but not economic overexploitation. In the second part of the article, Warming discusses regulation of the fishery to maximize total production of fish (maximum sustainable yield, MSY...
Journal Article
History of Political Economy (1991) 23 (2): 221–241.
Published: 01 June 1991
...; or whether (as seems on the face of it more likely) there was a gradual dawning of the light between 1776 and 1817. For “although it is indeed possible to build up from the texts” in Wealth of Nations such a model, “contemporary and near-contemporary economists were totally un- aware of Smith’s...
Journal Article
History of Political Economy (1975) 7 (1): 36–42.
Published: 01 March 1975
... unemployment, not even (or perhaps least of all) if the works were financed through borrowing. If the government issued a loan, the rate of interest would rise just enough to cut off from private investment an amount equal to the addi- tional public expenditure. Total employment...
Journal Article
History of Political Economy (1981) 13 (1): 121–155.
Published: 01 March 1981
... of the total so- cial product must equal the sum of its values.”1s These identities are insisted upon so frequently and so specifically that they must be taken seriously as a reflection of Marx’s intentions.I6 It is now broadly 13. Capitcil I11 (Moscow, 1962), 797. 14. See below, note 69...
Journal Article
History of Political Economy (1994) 26 (4): 707–711.
Published: 01 November 1994
...-unit, is the same as my C,” (1936,273). Pace Brady, C, is correct here. In Pigou’s notation, x is the number of workers employed in the production of wage-goods, F(x) is the total out- put of wage-goods, and F’(x) is the marginal product of labor in the wage- goods sector, which also equals...
Journal Article
History of Political Economy (1989) 21 (2): 299–312.
Published: 01 June 1989
... and hours is justified in the case of an increase in hours but is not justified in the case of a decrease. Senior’s model In Senior’s model a cotton manufacturer invests a total capital of ElOO,OOO, consisting of E80,OOO in mill and machinery and E20,OOO in raw material and wages. When...
Journal Article
History of Political Economy (1977) 9 (4): 490–503.
Published: 01 November 1977
... than those of the natural sciences. The question can be posed, What part of the total output has been produced by the workers, what part by nature, and what part by the means of production? Even in the very simplest economy with a STEPHENMERRETT is Lecturer in Urban and Regional...
Journal Article
History of Political Economy (1969) 1 (2): 359–369.
Published: 01 June 1969
.... If total work hours were lls, and surplus labour were 5% hours then the “necessary labour” would also be 5% hours. Marx defined “necessary labour” as the work time required to maintain the laborer, and observed : 4. Marx, p. 225. 5. Marx, p. 228. 362 HISTORY OF POLITICAL ECONOMY...
Journal Article
History of Political Economy (1978) 10 (4): 549–576.
Published: 01 November 1978
... at the University of Miami, Florida. 550 History of Political Economy 10:4 (1978) Theory. In Patinkin’s view this function simply relates total variable costs to employment (KMT, p. 87). He further asserts that profits are zero in equilibrium, at the intersection of Keynes’ aggregate supply...
Journal Article
History of Political Economy (1979) 11 (1): 1–20.
Published: 01 March 1979
... Medallists) Number of authors 42 44 Articles sampled 76 97 Works cited: Articles 148 458 Other -3 90 683 Total 538 1141...
Journal Article
History of Political Economy (2002) 34 (1): 55–82.
Published: 01 March 2002
..., and six dissertations. However, the number of document types, total source items, and source items with abstracts in EconLit have changed over the years, making simple sub- ject searches by year gravely misleading.3 Journal articlesare the only documents that can be identified by a consistent search...
Journal Article
History of Political Economy (1972) 4 (1): 127–139.
Published: 01 March 1972
... to explain adequately the relationship between price and utility. According to contemporary interpretation, classical analysis had not advanced sufficiently to distinguish between total utility and marginal utility and to demonstrate that prices are pro- portional to marginal utilities, not totals...
Journal Article
History of Political Economy (1986) 18 (1): 87–110.
Published: 01 March 1986
..., the smaller becomes the part of surplus value consumed by the capitalists, and the larger the part which they accumulate. The rate of accumulation, the ratio of accumu- lated to total surplus value, rises. While the accumulation of capital is boundless, the productive capacity of society...