Pub Date : 2024-04-12DOI: 10.1215/00182702-11242757
Masazumi Wakatabe
{"title":"Modern Japanese Economic Thought: An Intellectual History to 1950 by Kiichiro Yagi","authors":"Masazumi Wakatabe","doi":"10.1215/00182702-11242757","DOIUrl":"https://doi.org/10.1215/00182702-11242757","url":null,"abstract":"","PeriodicalId":47043,"journal":{"name":"History of Political Economy","volume":null,"pages":null},"PeriodicalIF":0.7,"publicationDate":"2024-04-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140711609","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"历史学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-04-12DOI: 10.1215/00182702-11242709
Douglas Irwin
{"title":"The Chile Project: The Story of the Chicago Boys and the Downfall of Neoliberalism by Sebastian Edwards","authors":"Douglas Irwin","doi":"10.1215/00182702-11242709","DOIUrl":"https://doi.org/10.1215/00182702-11242709","url":null,"abstract":"","PeriodicalId":47043,"journal":{"name":"History of Political Economy","volume":null,"pages":null},"PeriodicalIF":0.7,"publicationDate":"2024-04-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140711064","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"历史学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-04-12DOI: 10.1215/00182702-11242669
Ibanca Anand
{"title":"Free Market: The History of an Idea by Jacob Soll","authors":"Ibanca Anand","doi":"10.1215/00182702-11242669","DOIUrl":"https://doi.org/10.1215/00182702-11242669","url":null,"abstract":"","PeriodicalId":47043,"journal":{"name":"History of Political Economy","volume":null,"pages":null},"PeriodicalIF":0.7,"publicationDate":"2024-04-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140709125","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"历史学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-04-12DOI: 10.1215/00182702-11242765
M. Paganelli
{"title":"Adam Smith and Yan Fu: Western Economics in Chinese Perspective by Cheng-chung Lai","authors":"M. Paganelli","doi":"10.1215/00182702-11242765","DOIUrl":"https://doi.org/10.1215/00182702-11242765","url":null,"abstract":"","PeriodicalId":47043,"journal":{"name":"History of Political Economy","volume":null,"pages":null},"PeriodicalIF":0.7,"publicationDate":"2024-04-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140709696","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"历史学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-04-12DOI: 10.1215/00182702-11242685
Carlo Cristiano
In a note appearing in the August 2024 issue of History of Political Economy (HOPE), Edward Nelson argues that a passage commenting on James Forder's Macroeconomics and the Phillips Curve Myth (2014) in a 2023 HOPE article by Carlo Cristiano titled “The Early Reception of the Phillips Curve in the United Kingdom” would provide a false characterization of the economic literature and claims priority in affirming that UK policymakers did not use the Phillips curve as a menu for policy. It is shown in this reply that Nelson's reading of Cristiano's 2023 article, and more specifically of the passage commenting on Forder's 2014 book, is based on a misunderstanding. The purpose of the 2023 article was not to show that UK policymakers did not use the Phillips trade-off as a menu for policy. In that article, consensus on this point is taken for granted. It is also argued in this reply that there is no need to mention Nelson's works to affirm that UK policymakers did not use the Phillips trade-off as a policy menu and that Nelson's works are indeed very relevant, but for other reasons.
{"title":"What Is This “Tranquility”? A Reply to Nelson","authors":"Carlo Cristiano","doi":"10.1215/00182702-11242685","DOIUrl":"https://doi.org/10.1215/00182702-11242685","url":null,"abstract":"\u0000 In a note appearing in the August 2024 issue of History of Political Economy (HOPE), Edward Nelson argues that a passage commenting on James Forder's Macroeconomics and the Phillips Curve Myth (2014) in a 2023 HOPE article by Carlo Cristiano titled “The Early Reception of the Phillips Curve in the United Kingdom” would provide a false characterization of the economic literature and claims priority in affirming that UK policymakers did not use the Phillips curve as a menu for policy. It is shown in this reply that Nelson's reading of Cristiano's 2023 article, and more specifically of the passage commenting on Forder's 2014 book, is based on a misunderstanding. The purpose of the 2023 article was not to show that UK policymakers did not use the Phillips trade-off as a menu for policy. In that article, consensus on this point is taken for granted. It is also argued in this reply that there is no need to mention Nelson's works to affirm that UK policymakers did not use the Phillips trade-off as a policy menu and that Nelson's works are indeed very relevant, but for other reasons.","PeriodicalId":47043,"journal":{"name":"History of Political Economy","volume":null,"pages":null},"PeriodicalIF":0.7,"publicationDate":"2024-04-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140710220","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"历史学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-04-12DOI: 10.1215/00182702-11242693
R. Backhouse, Jennifer Burns
{"title":"Samuelson Friedman: The Battle over the Free Market by Nicholas Wapshott","authors":"R. Backhouse, Jennifer Burns","doi":"10.1215/00182702-11242693","DOIUrl":"https://doi.org/10.1215/00182702-11242693","url":null,"abstract":"","PeriodicalId":47043,"journal":{"name":"History of Political Economy","volume":null,"pages":null},"PeriodicalIF":0.7,"publicationDate":"2024-04-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140709505","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"历史学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-04-12DOI: 10.1215/00182702-11242773
Conrado Krivochein
{"title":"The Gypsy Economist: The Life and Times of Colin Clark by Alex Millmow","authors":"Conrado Krivochein","doi":"10.1215/00182702-11242773","DOIUrl":"https://doi.org/10.1215/00182702-11242773","url":null,"abstract":"","PeriodicalId":47043,"journal":{"name":"History of Political Economy","volume":null,"pages":null},"PeriodicalIF":0.7,"publicationDate":"2024-04-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140709961","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"历史学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-04-12DOI: 10.1215/00182702-11242677
Ellen E. Meade
{"title":"Janet Yellen, Pioneer and Policymaker","authors":"Ellen E. Meade","doi":"10.1215/00182702-11242677","DOIUrl":"https://doi.org/10.1215/00182702-11242677","url":null,"abstract":"","PeriodicalId":47043,"journal":{"name":"History of Political Economy","volume":null,"pages":null},"PeriodicalIF":0.7,"publicationDate":"2024-04-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140709953","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"历史学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-04-12DOI: 10.1215/00182702-11242749
Thomas Delcey, Guillaume Noblet
This article offers a historical analysis of American interwar agricultural economists and their interest in information. Believing that the main problem facing farmers was a lack of information, agricultural economists designed an information policy aiming to produce, format, and disseminate information. Using administrative archives, the article analyzes the motivations of these economists and the implementation of this policy. As the article shows, the policy was a prerequisite for theoretical discussions about information, and it established institutional tools that are still used today, such as the USDA market news service.
{"title":"The Making of Informational Efficiency: Information Policy and Theory in Interwar Agricultural Economics","authors":"Thomas Delcey, Guillaume Noblet","doi":"10.1215/00182702-11242749","DOIUrl":"https://doi.org/10.1215/00182702-11242749","url":null,"abstract":"\u0000 This article offers a historical analysis of American interwar agricultural economists and their interest in information. Believing that the main problem facing farmers was a lack of information, agricultural economists designed an information policy aiming to produce, format, and disseminate information. Using administrative archives, the article analyzes the motivations of these economists and the implementation of this policy. As the article shows, the policy was a prerequisite for theoretical discussions about information, and it established institutional tools that are still used today, such as the USDA market news service.","PeriodicalId":47043,"journal":{"name":"History of Political Economy","volume":null,"pages":null},"PeriodicalIF":0.7,"publicationDate":"2024-04-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140710395","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"历史学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-04-12DOI: 10.1215/00182702-11242741
Philippe Fontaine
The concept of commitment has achieved a significant presence across US postwar social science, enjoying increased visibility from the mid-1950s. Economists insist that commitment is the result of a decision to bind oneself to a line of action; they use the concept to express the centrality of individual agency even when it comes to renouncing alternatives. Sociologists see it more as a consequence of one's decision being subjected to social-structural forces. They resort to the concept to show that engagement in a consistent line of action stems from decisions that are inevitably embedded. These differences notwithstanding, economists and sociologists converged on a definition of commitment as the closing off of particular courses of action and the maintenance of consistent behavior over time, intentionally or unintentionally. As they conceptualized commitment, Thomas Schelling, Howard Becker, Erving Goffman and Jessie Bernard incorporated extradisciplinary insights and transformed them to suit their own disciplinary framework. In so doing, they tilted the existing balance between personal agency and social structure, as found in economics and sociology, and helped create a form of knowledge that contributes to a more general understanding of social interactions.
{"title":"Behavioral Consistency in Economics and Sociology: Thomas Schelling and Social Interactionists on Commitment, 1956–69","authors":"Philippe Fontaine","doi":"10.1215/00182702-11242741","DOIUrl":"https://doi.org/10.1215/00182702-11242741","url":null,"abstract":"\u0000 The concept of commitment has achieved a significant presence across US postwar social science, enjoying increased visibility from the mid-1950s. Economists insist that commitment is the result of a decision to bind oneself to a line of action; they use the concept to express the centrality of individual agency even when it comes to renouncing alternatives. Sociologists see it more as a consequence of one's decision being subjected to social-structural forces. They resort to the concept to show that engagement in a consistent line of action stems from decisions that are inevitably embedded. These differences notwithstanding, economists and sociologists converged on a definition of commitment as the closing off of particular courses of action and the maintenance of consistent behavior over time, intentionally or unintentionally. As they conceptualized commitment, Thomas Schelling, Howard Becker, Erving Goffman and Jessie Bernard incorporated extradisciplinary insights and transformed them to suit their own disciplinary framework. In so doing, they tilted the existing balance between personal agency and social structure, as found in economics and sociology, and helped create a form of knowledge that contributes to a more general understanding of social interactions.","PeriodicalId":47043,"journal":{"name":"History of Political Economy","volume":null,"pages":null},"PeriodicalIF":0.7,"publicationDate":"2024-04-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140709887","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"历史学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}