Pub Date : 2023-01-30DOI: 10.1017/S105383722200027X
G. Becchio
Hayek, Friedrich A. 1990. Denationalisation of Money–The Argument Refined. Third edition. London: Institute of Economic Affairs. Pack, Spencer J. 2022. The Political Economy and Feasibility of Bitcoin and Cryptocurrencies: Insights from the History of Economic Thought. Northampton, MA: Edward Elgar. Ricardo, David. 1955. The Works and Correspondence of David Ricardo. Volume X: Biographical Miscellany. Cambridge: Cambridge University Press. Waterman, Anthony. 2015. “Review of Cremaschi, ‘Utilitarianism andMalthus’s Virtue Ethics.’”History of Economic Ideas 23 (1):189–192.
{"title":"Roberto Marchionatti, Economic Theory in the Twentieth Century, An Intellectual History. Volume II, 1919–1945: Economic Theory in an Age of Crisis and Uncertainty (London: Palgrave Macmillan, 2021), pp. xiii + 428, $149.99 (hardcover). ISBN: 9783030809867.","authors":"G. Becchio","doi":"10.1017/S105383722200027X","DOIUrl":"https://doi.org/10.1017/S105383722200027X","url":null,"abstract":"Hayek, Friedrich A. 1990. Denationalisation of Money–The Argument Refined. Third edition. London: Institute of Economic Affairs. Pack, Spencer J. 2022. The Political Economy and Feasibility of Bitcoin and Cryptocurrencies: Insights from the History of Economic Thought. Northampton, MA: Edward Elgar. Ricardo, David. 1955. The Works and Correspondence of David Ricardo. Volume X: Biographical Miscellany. Cambridge: Cambridge University Press. Waterman, Anthony. 2015. “Review of Cremaschi, ‘Utilitarianism andMalthus’s Virtue Ethics.’”History of Economic Ideas 23 (1):189–192.","PeriodicalId":45456,"journal":{"name":"Journal of the History of Economic Thought","volume":"45 1","pages":"172 - 174"},"PeriodicalIF":0.9,"publicationDate":"2023-01-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42546842","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-30DOI: 10.1017/S1053837222000335
Herrade Igersheim
This collective book edited by Roger E. Backhouse, Antoinette Baujard, and Tamotsu Nishizawa is a valuable outcome from the ongoing project “Welfare Economists and the Welfare State in Historical Perspective,” which also gave rise to several workshops between 2013 and 2017. It brings together thirteen chapters with a substantial introduction and conclusion by the three editors. It is a book that proposes a thesis, a rare and difficult achievement for a collective work. Specifically, the claim made in the book is the following: “whether we are talking about old, new or contemporary welfare economics, when economists have tackled practical problems, they have adopted a much broader range of ethical judgements beyond welfarism” (p. 1). To better understand the stakes and the scope of this claim, one may turn to Philippe Mongin (2002), whose famous essay “Is There Progress in Normative Economics?” is a reference to the history of welfare economics. Mongin proposes in particular to distinguish several stages in the history of welfare economics (on this subject, see also Baujard 2016): while the first stage corresponds to the first welfare economics and the second stage corresponds to the new welfare economics, “the third stage corresponds roughly to two different forms of normative economics, that is, social choice theory on the one hand, and public economics on the other” (Mongin 2002, p. 147). Having stated this, he adds:
这本由Roger E. Backhouse、Antoinette Baujard和Tamotsu Nishizawa编辑的集体著作是正在进行的“福利经济学家和历史视角下的福利国家”项目的宝贵成果，该项目也在2013年至2017年期间引发了几次研讨会。它汇集了十三章与实质性的介绍和结论由三位编辑。这是一本提出论点的书，对于一部集体作品来说，这是一项罕见而艰难的成就。具体来说，书中提出的主张如下:“无论我们是在谈论旧的、新的还是当代的福利经济学，当经济学家解决实际问题时，他们都采用了比福利主义更广泛的道德判断”(第1页)。为了更好地理解这一主张的利害关系和范围，人们可以求助于菲利普·蒙金(Philippe Mongin, 2002)，他的著名论文《规范经济学有进步吗?》是对福利经济学历史的参考。Mongin特别提出区分福利经济学历史上的几个阶段(关于这个问题，另见Baujard 2016):第一阶段对应于第一福利经济学，第二阶段对应于新福利经济学，“第三阶段大致对应于两种不同形式的规范经济学，即一方面是社会选择理论，另一方面是公共经济学”(Mongin 2002，第147页)。说到这里，他补充道:
{"title":"Roger E. Backhouse, Antoinette Baujard, and Tamotsu Nishizawa, eds., Welfare Theory, Public Action, and Ethical Values: Revisiting the History of Welfare Economics (Cambridge: Cambridge University Press, 2021), pp. ix + 338, £75 (hardcover). ISBN: 9781108841450.","authors":"Herrade Igersheim","doi":"10.1017/S1053837222000335","DOIUrl":"https://doi.org/10.1017/S1053837222000335","url":null,"abstract":"This collective book edited by Roger E. Backhouse, Antoinette Baujard, and Tamotsu Nishizawa is a valuable outcome from the ongoing project “Welfare Economists and the Welfare State in Historical Perspective,” which also gave rise to several workshops between 2013 and 2017. It brings together thirteen chapters with a substantial introduction and conclusion by the three editors. It is a book that proposes a thesis, a rare and difficult achievement for a collective work. Specifically, the claim made in the book is the following: “whether we are talking about old, new or contemporary welfare economics, when economists have tackled practical problems, they have adopted a much broader range of ethical judgements beyond welfarism” (p. 1). To better understand the stakes and the scope of this claim, one may turn to Philippe Mongin (2002), whose famous essay “Is There Progress in Normative Economics?” is a reference to the history of welfare economics. Mongin proposes in particular to distinguish several stages in the history of welfare economics (on this subject, see also Baujard 2016): while the first stage corresponds to the first welfare economics and the second stage corresponds to the new welfare economics, “the third stage corresponds roughly to two different forms of normative economics, that is, social choice theory on the one hand, and public economics on the other” (Mongin 2002, p. 147). Having stated this, he adds:","PeriodicalId":45456,"journal":{"name":"Journal of the History of Economic Thought","volume":"45 1","pages":"356 - 360"},"PeriodicalIF":0.9,"publicationDate":"2023-01-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"57109204","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-30DOI: 10.1017/S1053837222000116
Geoffrey Poitras
Contributors to cobweb theory include many leading economists of the twentieth century. From early beginnings in 1930, cobweb theory played a key role in evolving perceptions of market stability arising from recursive linear models with endogenous dynamics. The focal point of this evolution in cobweb theory is the transition from naive to adaptive to rational price expectations. After a review of the prehistory, this paper examines the first wave of linear cobweb theory initiated by Jan Tinbergen, Henry Schultz, and Umberto Ricci and proceeds to consider the evolution of price expectations in the second wave of cobweb models associated with endogenous cycles in commodity markets. The role of modern cobweb theory in discussions about the stability of market equilibrium and the connection to processes with rational expectations is assessed.
{"title":"COBWEB THEORY, MARKET STABILITY, AND PRICE EXPECTATIONS","authors":"Geoffrey Poitras","doi":"10.1017/S1053837222000116","DOIUrl":"https://doi.org/10.1017/S1053837222000116","url":null,"abstract":"Contributors to cobweb theory include many leading economists of the twentieth century. From early beginnings in 1930, cobweb theory played a key role in evolving perceptions of market stability arising from recursive linear models with endogenous dynamics. The focal point of this evolution in cobweb theory is the transition from naive to adaptive to rational price expectations. After a review of the prehistory, this paper examines the first wave of linear cobweb theory initiated by Jan Tinbergen, Henry Schultz, and Umberto Ricci and proceeds to consider the evolution of price expectations in the second wave of cobweb models associated with endogenous cycles in commodity markets. The role of modern cobweb theory in discussions about the stability of market equilibrium and the connection to processes with rational expectations is assessed.","PeriodicalId":45456,"journal":{"name":"Journal of the History of Economic Thought","volume":"45 1","pages":"137 - 161"},"PeriodicalIF":0.9,"publicationDate":"2023-01-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46066331","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-30DOI: 10.1017/s1053837221000626
L. Fiorito
This paper provides a reconstruction of the debate on “social value” among early marginalists in the US. This will be done in three steps. The first step analyzes John B. Clark’s approach to social value as presented in his Distribution of Wealth; the second step deals with other influential contemporaries who adopted a similar social value perspective, with a main focus on Edwin R. A. Seligman; the third step discusses those critics who, with due differences in emphasis and style, animated the debate over social value, reviewing (among others) the contributions of Herbert J. Davenport, Joseph Schumpeter, Benjamin Anderson, John Maurice Clark, and George P. Watkins. The final section presents some conclusions.
{"title":"THE “SOCIAL VALUE” DEBATE: AN EARLY CHAPTER IN THE HISTORY OF AMERICAN MARGINALISM","authors":"L. Fiorito","doi":"10.1017/s1053837221000626","DOIUrl":"https://doi.org/10.1017/s1053837221000626","url":null,"abstract":"This paper provides a reconstruction of the debate on “social value” among early marginalists in the US. This will be done in three steps. The first step analyzes John B. Clark’s approach to social value as presented in his Distribution of Wealth; the second step deals with other influential contemporaries who adopted a similar social value perspective, with a main focus on Edwin R. A. Seligman; the third step discusses those critics who, with due differences in emphasis and style, animated the debate over social value, reviewing (among others) the contributions of Herbert J. Davenport, Joseph Schumpeter, Benjamin Anderson, John Maurice Clark, and George P. Watkins. The final section presents some conclusions.","PeriodicalId":45456,"journal":{"name":"Journal of the History of Economic Thought","volume":"47 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2023-01-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"57108515","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-30DOI: 10.1017/S1053837222000396
Kevin Mellet
{"title":"Thibault Le Texier, La main visible des marchés: Une histoire critique du marketing (Paris: Éditions La Découverte, 2022), pp. 656, €26 (paperback). ISBN: 9782707299249.","authors":"Kevin Mellet","doi":"10.1017/S1053837222000396","DOIUrl":"https://doi.org/10.1017/S1053837222000396","url":null,"abstract":"","PeriodicalId":45456,"journal":{"name":"Journal of the History of Economic Thought","volume":"45 1","pages":"532 - 535"},"PeriodicalIF":0.9,"publicationDate":"2023-01-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43318669","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"フランク・Ｈ・ナイト（桂木隆夫・佐藤方宣・太子堂正称 訳）『リスク，不確実性，利潤』","authors":"泰弘 酒井","doi":"10.5362/jshet.64.2_108","DOIUrl":"https://doi.org/10.5362/jshet.64.2_108","url":null,"abstract":"","PeriodicalId":45456,"journal":{"name":"Journal of the History of Economic Thought","volume":"25 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2023-01-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73664852","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"2000 年代以降の国内外のリカードウ研究","authors":"Susumu Takenaga, Taichi Tabuchi, Naoyuki Wakamatsu","doi":"10.5362/jshet.64.2_45","DOIUrl":"https://doi.org/10.5362/jshet.64.2_45","url":null,"abstract":"","PeriodicalId":45456,"journal":{"name":"Journal of the History of Economic Thought","volume":"1 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2023-01-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88905135","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"柴田德太郎『J. R. コモンズの制度的経済学』","authors":"哲男 高","doi":"10.5362/jshet.64.2_106","DOIUrl":"https://doi.org/10.5362/jshet.64.2_106","url":null,"abstract":"","PeriodicalId":45456,"journal":{"name":"Journal of the History of Economic Thought","volume":"131 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2023-01-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85135293","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"“New Capitalism” since the 2010s","authors":"Atsushi Komine","doi":"10.5362/jshet.64.2_70","DOIUrl":"https://doi.org/10.5362/jshet.64.2_70","url":null,"abstract":"","PeriodicalId":45456,"journal":{"name":"Journal of the History of Economic Thought","volume":"120 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2023-01-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86135728","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Isaac Butt’s Criticism of Political Economy and the Theory of Rights","authors":"Tomonori Isaka","doi":"10.5362/jshet.64.2_1","DOIUrl":"https://doi.org/10.5362/jshet.64.2_1","url":null,"abstract":"","PeriodicalId":45456,"journal":{"name":"Journal of the History of Economic Thought","volume":"357 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2023-01-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76418416","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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