Pub Date : 1999-06-01DOI: 10.1080/10427719900000026
Oskar Kurer
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Pub Date : 1999-03-01DOI: 10.1080/10427719900000122
D. Andrews
Keynes's economic thought underwent a major transition during the course of his life; in recent years a debate has arisen over whether Keynes's philosophical thought underwent a similar transition. This paper argues that, despite the existence of significant continuities, Keynes's philosophical thinking did undergo a major change, and specifically that this change can be seen clearly when Keynes's philosphy is viewed in the context of the philosophy of David Hume: the early Keynes attempted to answer Hume's analysis of induction, but the later Keynes accepted Hume's sceptical conclusion that custom and not reason is the 'guide of life'.
{"title":"Continuity and change in Keynes's thought: the importance of Hume","authors":"D. Andrews","doi":"10.1080/10427719900000122","DOIUrl":"https://doi.org/10.1080/10427719900000122","url":null,"abstract":"Keynes's economic thought underwent a major transition during the course of his life; in recent years a debate has arisen over whether Keynes's philosophical thought underwent a similar transition. This paper argues that, despite the existence of significant continuities, Keynes's philosophical thinking did undergo a major change, and specifically that this change can be seen clearly when Keynes's philosphy is viewed in the context of the philosophy of David Hume: the early Keynes attempted to answer Hume's analysis of induction, but the later Keynes accepted Hume's sceptical conclusion that custom and not reason is the 'guide of life'.","PeriodicalId":51791,"journal":{"name":"European Journal of the History of Economic Thought","volume":"6 1","pages":"1-21"},"PeriodicalIF":0.7,"publicationDate":"1999-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/10427719900000122","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"59611003","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 : 1999-03-01DOI: 10.1080/10427719900000126
Benny Carlson
Swedish economists have received impulses from historical or institutuionalist sources on many occasions. A couple of these economists, Gunnar Myrdal and Johan Akerman, received obvious impulses from American institutionalism. This article deals with the case of Akerman. To attempt a wall-to-wall chart of institutional influences on an economist is hardly possible. But what is possible is to examine occasions when he was exposed to powerful ‘jolts’, viz in conjunction with studies at an American university. Johan akerman studied at Harvard in Cambridge in 1919–20. he evetually became – alongside Myrdal – the leading institutional economist.
{"title":"The Institutional Ideas Virus: The Case of Johan Åkerman","authors":"Benny Carlson","doi":"10.1080/10427719900000126","DOIUrl":"https://doi.org/10.1080/10427719900000126","url":null,"abstract":"Swedish economists have received impulses from historical or institutuionalist sources on many occasions. A couple of these economists, Gunnar Myrdal and Johan Akerman, received obvious impulses from American institutionalism. This article deals with the case of Akerman. To attempt a wall-to-wall chart of institutional influences on an economist is hardly possible. But what is possible is to examine occasions when he was exposed to powerful ‘jolts’, viz in conjunction with studies at an American university. Johan akerman studied at Harvard in Cambridge in 1919–20. he evetually became – alongside Myrdal – the leading institutional economist.","PeriodicalId":51791,"journal":{"name":"European Journal of the History of Economic Thought","volume":"6 1","pages":"71-86"},"PeriodicalIF":0.7,"publicationDate":"1999-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/10427719900000126","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"59611097","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 : 1999-03-01DOI: 10.1080/10427719900000125
M. Fase
This paper is a historical reflection on the monetary view of Pierson. (1838-1910) a nineteenth-century Dutch economist, Bank president and prime minister, and his writing on the appropriateness of index numbers to measure inflation. Two aspects are conisdered. First, a policy of price stability should not focus solely on a general price index because this does not take inot account monetary factors sufficiently. Second, a pure monetary explanation as in the gold debate of the 1880s falls short of the mark and might conceal what really is going on, e.g. deflation.
{"title":"Pierson on scarcity of gold and changes in the general price level","authors":"M. Fase","doi":"10.1080/10427719900000125","DOIUrl":"https://doi.org/10.1080/10427719900000125","url":null,"abstract":"This paper is a historical reflection on the monetary view of Pierson. (1838-1910) a nineteenth-century Dutch economist, Bank president and prime minister, and his writing on the appropriateness of index numbers to measure inflation. Two aspects are conisdered. First, a policy of price stability should not focus solely on a general price index because this does not take inot account monetary factors sufficiently. Second, a pure monetary explanation as in the gold debate of the 1880s falls short of the mark and might conceal what really is going on, e.g. deflation.","PeriodicalId":51791,"journal":{"name":"European Journal of the History of Economic Thought","volume":"6 1","pages":"58-70"},"PeriodicalIF":0.7,"publicationDate":"1999-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/10427719900000125","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"59611059","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 : 1999-03-01DOI: 10.1080/10427719900000123
M. Donoghue
This Paper addresses the intriguing issue of whether William Thomas Thornton plagiarized Francis Longe's (1866) pamphlet denouncing the classical wage fund doctrine. In doing so, the paper comprehensively reviews all of the corroborative evidence surrounding the plagiarism allegation laid against Thornton, drawing particular attention to a little known letter to The Times written by Thornton, in an effort to clear his good name of any impropriety. It is the conclusion of this paper that Thornton has no case to answer; the evidence not only from Thornton's own early work on wages and trade unions, together with additional corroborative evidence suggests that far from having plagiarized Longe's (1866) work, Thornton apticipated many of his ideas.
本文探讨了威廉·托马斯·桑顿(William Thomas Thornton)是否抄袭了弗朗西斯·朗格(Francis Longe, 1866年)谴责经典工资基金主义的小册子这一有趣的问题。在此过程中，该报全面审查了围绕针对桑顿的剽窃指控的所有确凿证据，特别关注了桑顿写给时报的一封鲜为人知的信，这封信是为了洗清他的好名声，没有任何不当行为。本文的结论是，桑顿没有理由回答;这些证据不仅来自桑顿自己关于工资和工会的早期著作，还有其他确凿的证据表明，桑顿非但没有抄袭朗格(1866)的著作，反而欣赏了他的许多思想。
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Pub Date : 1999-03-01DOI: 10.1080/10427719900000124
B. Mosselmans
We argue that the shift from classicism to neoclassicism in nineteenth-century Britain can be seen as a change from a reproductive environment with internal scarcity, as in Malthus's population mechanism, towards a non-reproductive environment with external scarcity, as in Jevon's theoretical and applied economic work. We reconsider Jevon's use of seemingly classical concepts as well as the role of the population mechanism in Jevons's works.
{"title":"Reproduction and scarcity: the population mechanism in classicism in the 'Jevonian revolution'","authors":"B. Mosselmans","doi":"10.1080/10427719900000124","DOIUrl":"https://doi.org/10.1080/10427719900000124","url":null,"abstract":"We argue that the shift from classicism to neoclassicism in nineteenth-century Britain can be seen as a change from a reproductive environment with internal scarcity, as in Malthus's population mechanism, towards a non-reproductive environment with external scarcity, as in Jevon's theoretical and applied economic work. We reconsider Jevon's use of seemingly classical concepts as well as the role of the population mechanism in Jevons's works.","PeriodicalId":51791,"journal":{"name":"European Journal of the History of Economic Thought","volume":"11 1","pages":"34-57"},"PeriodicalIF":0.7,"publicationDate":"1999-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/10427719900000124","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"59611052","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 : 1999-03-01DOI: 10.1080/10427719900000127
A. Endres, G. Fleming
(1999). Public investment programmes in the interwar period: the view from Geneva. The European Journal of the History of Economic Thought: Vol. 6, No. 1, pp. 87-109.
{"title":"Public investment programmes in the interwar period: the view from Geneva *","authors":"A. Endres, G. Fleming","doi":"10.1080/10427719900000127","DOIUrl":"https://doi.org/10.1080/10427719900000127","url":null,"abstract":"(1999). Public investment programmes in the interwar period: the view from Geneva. The European Journal of the History of Economic Thought: Vol. 6, No. 1, pp. 87-109.","PeriodicalId":51791,"journal":{"name":"European Journal of the History of Economic Thought","volume":"07 1","pages":"87-109"},"PeriodicalIF":0.7,"publicationDate":"1999-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/10427719900000127","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"59611140","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 : 1999-01-01DOI: 10.1080/10427719900000027
Ingo Barens, V. Caspari
This paper discusses the different macroeconomic models presented in Hicks's seminal 1937 article on the IS-LM (or SI-LL) approach. Hicks's treatment of the supply side Keynes's reaction to the different SI-LL models later developments of SI-LL by Hicks and his comments on the construction of SI-LL are discussed. It is argued that one of the different SI-LL models does indeed represent a faithful rendition of the analytical core of Keynes's General Theory and does belong more to the Marshall-Pigou-Keynes tradition than to a Walrasian tradition. Textbook IS-LM (and AS-AD) models are compared to the original SI-LL models. It is argued that textbook IS-LM is decisively different from the SI-LL approach this difference being the cause of presently discussed problems and obscurities of the textbook IS-LM/AS-AD approach.
{"title":"Old views and new perspectives: on reading Hick's ‘Mr. Keynes and the Classics’ *","authors":"Ingo Barens, V. Caspari","doi":"10.1080/10427719900000027","DOIUrl":"https://doi.org/10.1080/10427719900000027","url":null,"abstract":"This paper discusses the different macroeconomic models presented in Hicks's seminal 1937 article on the IS-LM (or SI-LL) approach. Hicks's treatment of the supply side Keynes's reaction to the different SI-LL models later developments of SI-LL by Hicks and his comments on the construction of SI-LL are discussed. It is argued that one of the different SI-LL models does indeed represent a faithful rendition of the analytical core of Keynes's General Theory and does belong more to the Marshall-Pigou-Keynes tradition than to a Walrasian tradition. Textbook IS-LM (and AS-AD) models are compared to the original SI-LL models. It is argued that textbook IS-LM is decisively different from the SI-LL approach this difference being the cause of presently discussed problems and obscurities of the textbook IS-LM/AS-AD approach.","PeriodicalId":51791,"journal":{"name":"European Journal of the History of Economic Thought","volume":"6 1","pages":"216-241"},"PeriodicalIF":0.7,"publicationDate":"1999-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/10427719900000027","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"59610841","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 : 1998-09-01DOI: 10.1080/10427719800000050
M. Cassidy
This paper examines John Fullarton's monetary theory in the light of a newly discovered manuscript of his, Response to a Proposal for a Bank of India
本文根据新近发现的约翰·富勒顿的手稿《对印度银行提案的回应》来考察他的货币理论
{"title":"The development of John Fullarton's monetary theory","authors":"M. Cassidy","doi":"10.1080/10427719800000050","DOIUrl":"https://doi.org/10.1080/10427719800000050","url":null,"abstract":"This paper examines John Fullarton's monetary theory in the light of a newly discovered manuscript of his, Response to a Proposal for a Bank of India","PeriodicalId":51791,"journal":{"name":"European Journal of the History of Economic Thought","volume":"27 1","pages":"509-535"},"PeriodicalIF":0.7,"publicationDate":"1998-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/10427719800000050","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"59610737","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 : 1998-09-01DOI: 10.1080/10427719800000043
P. Garegnani
Sraffa's mature work is seen here as a re-discovery and resumption of the 'submerged and forgotten' approach of the 'old classical economists from Adam Smith to Ricardo'. Wages determined by broad economic and social forces entail there product prices determined independently of demand and supply functions. Some main questions raised for the modern economists by this radical reorientation of economic theory are then considered in order to conclude that it is aginst that background that Sraffa's mature work should be set with its three main contributions, of a rediscovery of the approach, of a complete and transparent solution of the problems of price determination it raises, and of its application to the critique of neoclassical theory. Among several developments originating from Sraffa's seminal work, two are singled out for mention: (i) the possibility of deficiencies of aggregate demand in the long period no less than in the short one; this follows naturally from the abandonment of the neoclassical theory of distribution, of which the role of the interset rate in equilibrating savings and investment is a corollary; (ii) the question of the distribution of the surplus between wages and profits in a modern economy where wages are no longer confined to subsistence.
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