Template-Type: ReDIF-Article 1.0
Author-Name: Anthony Brewer 
Author-X-Name-First: Anthony 
Author-X-Name-Last: Brewer 
Title: An eighteenth-century view of economic development: Hume and Steuart 
Abstract:
  Despite their differences on other questions, Hume and Steuart had almost
 identical theories of long-run economic development. In their story,
 agriculture can produce a surplus of food to support urban manufacturing
 (and other things), but will not do so unless farmers want to trade the
 surplus for something. In the early stages of development, the absence of
 attractive manufactured goods gives no incentive to farmers. Once a taste
 for 'luxury' emerges, normally stimulated by imports from elsewhere,
 agriculture and industry expand together. Developments is driven by
 changing tastes combined with a changing menu of goods on offer. 
Journal: The European Journal of the History of Economic Thought 
Pages: 1-22 
Issue: 1 
Volume: 4 
Year: 1997 
Keywords: Hume, Steuart, development, luxury, surplus, agriculture, 
X-DOI: 10.1080/10427719700000017 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000017 
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:1:p:1-22




Template-Type: ReDIF-Article 1.0
Author-Name: Hyun-Ho Song 
Author-X-Name-First: Hyun-Ho 
Author-X-Name-Last: Song 
Title: Adam Smith' conception of the social relations of production 
Abstract:
  This article as a sequel to Song (1995), 'Adam Smith as an early pioneer
 of institutional individualism', aims to depict what Smith's conception of
 social relations of production looks like, and draws a tentative
 conclusion that when grasped in the whole context of Smith's system of
 social thought, it is neither neoclassical nor Marxian orthodoxy, but can
 be better appreciated as suggesting an independent - Smithian -
 perspective. Then, an exploratory claim is submitted to show that Smith's
 view of class and power relations is found to bear striking affinities
 with that of Max Weber, the great German sociologist. 
Journal: The European Journal of the History of Economic Thought 
Pages: 23-42 
Issue: 1 
Volume: 4 
Year: 1997 
Keywords: Adam Smith, Production Relations, Justice, Institutional Individualism, Marx, Max Weber, 
X-DOI: 10.1080/10427719700000018 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000018 
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:1:p:23-42




Template-Type: ReDIF-Article 1.0
Author-Name: Ian Steedman 
Author-X-Name-First: Ian 
Author-X-Name-Last: Steedman 
Title: Jevons's Theory of Political Economy and the 'Marginalist Revolution' 
Abstract:
  Very many statements have been made about the (non-)existence and
 characterisation of the 'marginal revolution' but it is urged here that
 detailed study of the relevant texts is far more valuable than the making
 of grand statements about such matters. In particular, a close reading of
 Jevons's Theory of Political Economyis proposed as an antidote to
 over-easy generalisation. Jevons by no means rejected all elements of
 classical theory. He did not propose a catallatic revolution; he
 attributed such an emphasis to earlier authors and himself stressed the
 role of production. It is shown that Jevons was very aware of the
 necessarily general equilibrium nature of his theory but that he was
 simply not able to cope with it satisfactorily; it is suggested that this
 explains, at least in part, his fluctuating and apparently inconsistent
 statements relating utility and labour to value. Jevons certainly
 attempted to sketch a complete marginal productivity theory of
 distribution, even if he was far from successful in providing one. 
Journal: The European Journal of the History of Economic Thought 
Pages: 43-64 
Issue: 1 
Volume: 4 
Year: 1997 
Keywords: catallatics, distribution theory, general equilibrium, Jevons, marginalist revolution, marginal utility, welfare economics, 
X-DOI: 10.1080/10427719700000019 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000019 
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Template-Type: ReDIF-Article 1.0
Author-Name: Phillip Anthony O'Hara 
Author-X-Name-First: Phillip Anthony 
Author-X-Name-Last: O'Hara 
Title: Veblen's critique of Marx's philosophical preconceptions of political economy 
Abstract:
  This paper explores some of the theoretical linkages between Thorstein
 Veblen and Karl Marx. Special reference is placed Veblen's criticisms of
 Marx and the Marxist tradition for adhering to the preconceptions of (a)
 the natural right of labour to the full product, and (b) the teleology of
 conscious agents directing action towards change. Veblen was incorrect to
 believe that Marx adhered to the natural right of labour thesis, but he
 was correct to assert that Marx utilized undesirable teleologies. Overall,
 however, Veblen was attempting to reformulate and modernise the
 materialistic conception of history through an evolutionary analysis of
 institutions. The two thinkers complement each other in important ways,
 although Veblen's analysis is more evolutionary, collectivist and
 holistic. 
Journal: The European Journal of the History of Economic Thought 
Pages: 65-91 
Issue: 1 
Volume: 4 
Year: 1997 
Keywords: Veblen, Marx, philosophical preconceptions, political economy, natural rights, teleologies, Darwinian evolution, institutions, capitalism, 
X-DOI: 10.1080/10427719700000020 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000020 
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:1:p:65-91




Template-Type: ReDIF-Article 1.0
Author-Name: Daniele Besomi 
Author-X-Name-First: Daniele 
Author-X-Name-Last: Besomi 
Title: Roy Harrod and traditional theory 
Abstract:
  In 1926 and 1936 Sraff and Keynes attacked the methodological core of
 traditional economic theory by showing that the premises of partial
 equilibrium analysis were mutually inconsistent. this paper aims to show
 that Harrod neglected Sraffa and Keynes's logical arguments, and only
 admitted that the tacit assumptions under discussion restricted the domain
 of validityof the theory to special cases: perfect competition and
 statics. He then proceeded to generalize the theory to imperfect
 competition and dynamics by applying the principles (but not the
 instruments) of traditional analysis. The definition of these domains thus
 aimede at rescuing as mush as possible from the orthodox approach. 
Journal: The European Journal of the History of Economic Thought 
Pages: 92-115 
Issue: 1 
Volume: 4 
Year: 1997 
Keywords: harrod, statistics, dynamics, trade cycle, instability principle, 
X-DOI: 10.1080/10427719700000021 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000021 
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:1:p:92-115




Template-Type: ReDIF-Article 1.0
Author-Name: Nicolo Bellanca 
Author-X-Name-First: Nicolo 
Author-X-Name-Last: Bellanca 
Author-Name: Marco Guidi 
Author-X-Name-First: Marco 
Author-X-Name-Last: Guidi 
Title: Uchronies and the History of Economic Knowledge* 
Abstract:
  The international community of historians of economic thought is not
 essentially divided between 'absolutists' and 'relativists', or between
 'continuists' and 'discontinuists Rather it is the specific content of the
 metier d'historien which makes the difference. This paper aims at
 highlighting and systematizing the features characterizing the work of
 innovative historians. Some of these features are represented by analyses
 concerning: 1 the intersections between pre-theoretical categories; 2
 enunciative homogeneities/heterogeneities; 3 the formation and
 decomposition of social knowledge; 4 schools of thought These different
 research practices are then unified under the common label of 'uckronies'
 (possible albeit non-arbitrary histories). Lastly, some implications of
 this interpretation are examined. One of them is particularly important:
 i. e. the irreducible ambiguity of the historian of economic thought
 vis-a-vis the economist. On the one hand, the former may hermeneutically
 discover new and valuable ideas from an intellectual viewpoint, but, on
 the other hand, the ways in which these ideas can enrich economic theory
 are absolutely uncertain. This ambivalence, together with the 'scandalous'
 trans-disciplinarity of the concepts and instruments employed by the
 historian of economic thought, may explain the diffidence of the
 economists towards the new tendencies of historiography. 
Journal: The European Journal of the History of Economic Thought 
Pages: 116-142 
Issue: 1 
Volume: 4 
Year: 1997 
Keywords: Epistemology, methodology, history of economic thought, uchrony, knowledge, 
X-DOI: 10.1080/10427719700000022 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000022 
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:1:p:116-142




Template-Type: ReDIF-Article 1.0
Author-Name: Allin Cottrell 
Author-X-Name-First: Allin 
Author-X-Name-Last: Cottrell 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 143-146 
Issue: 1 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000023 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000023 
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:1:p:143-146




Template-Type: ReDIF-Article 1.0
Author-Name: Christian Gehrke 
Author-X-Name-First: Christian 
Author-X-Name-Last: Gehrke 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 146-151 
Issue: 1 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000024 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000024 
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:1:p:146-151




Template-Type: ReDIF-Article 1.0
Author-Name: Hans-Michael Trautwein 
Author-X-Name-First: Hans-Michael 
Author-X-Name-Last: Trautwein 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 151-155 
Issue: 1 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000025 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000025 
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:1:p:151-155




Template-Type: ReDIF-Article 1.0
Author-Name: Kurt Rothschild 
Author-X-Name-First: Kurt 
Author-X-Name-Last: Rothschild 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 155-158 
Issue: 1 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000026 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000026 
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Template-Type: ReDIF-Article 1.0
Author-Name: Augusto Graziani 
Author-X-Name-First: Augusto 
Author-X-Name-Last: Graziani 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 158-160 
Issue: 1 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000027 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000027 
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:1:p:158-160




Template-Type: ReDIF-Article 1.0
Author-Name: Christian Gehrke 
Author-X-Name-First: Christian 
Author-X-Name-Last: Gehrke 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 160-164 
Issue: 1 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000028 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000028 
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Template-Type: ReDIF-Article 1.0
Author-Name: Jacqueline Hecht 
Author-X-Name-First: Jacqueline 
Author-X-Name-Last: Hecht 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 165-169 
Issue: 1 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000029 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000029 
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Template-Type: ReDIF-Article 1.0
Author-Name: Peter Groenewegen 
Author-X-Name-First: Peter 
Author-X-Name-Last: Groenewegen 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 169-174 
Issue: 1 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000030 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000030 
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:1:p:169-174




Template-Type: ReDIF-Article 1.0
Author-Name: Jurg Niehans 
Author-X-Name-First: Jurg 
Author-X-Name-Last: Niehans 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 174-177 
Issue: 1 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000031 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000031 
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:1:p:174-177




Template-Type: ReDIF-Article 1.0
Author-Name: Evert Schoorl 
Author-X-Name-First: Evert 
Author-X-Name-Last: Schoorl 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 178-179 
Issue: 1 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000032 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000032 
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:1:p:178-179




Template-Type: ReDIF-Article 1.0
Author-Name: Paul Samuelson 
Author-X-Name-First: Paul 
Author-X-Name-Last: Samuelson 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 179-187 
Issue: 1 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000033 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000033 
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:1:p:179-187




Template-Type: ReDIF-Article 1.0
Author-Name: Mauro Boianovsky 
Author-X-Name-First: Mauro 
Author-X-Name-Last: Boianovsky 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 187-191 
Issue: 1 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000034 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000034 
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:1:p:187-191




Template-Type: ReDIF-Article 1.0
Author-Name: Ian Steedman 
Author-X-Name-First: Ian 
Author-X-Name-Last: Steedman 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 191-194 
Issue: 1 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000035 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000035 
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:1:p:191-194




Template-Type: ReDIF-Article 1.0
Author-Name: O. F. Hamouda 
Author-X-Name-First: O. F. 
Author-X-Name-Last: Hamouda 
Author-Name: B. B. Price 
Author-X-Name-First: B. B. 
Author-X-Name-Last: Price 
Title: The justice of the just price 
Abstract:
  The medieval notion of the just price was an outcome of neither an
 exclusively economic analysis nor a completely ethical argument, but an
 amalgam of some features of each. At issue is the significance the
 medievals attached to the concepts of price and justice and how an
 integrated economics and ethics made for a mode of reasoning about price
 different from the endogenousty focused price theory and limited
 boundaries of modern economics. It is argued in 'The Justice of the Just
 Price' that the treatment of price in medieval economic thought cannot be
 grasped without a comprehensive approach to its determination. The
 argument will first focus separately on the description of the medieval
 notions of price (cost of production, need, etc.) and of justice
 (virtue/vice) as features of the medieval concept of the just price. It
 proposes that, by virtue of the fact that the premises of the medieval
 system of analysis assumed greed as a nefarious part of human economic
 behaviour and presupposed the necessity of justice prior to exchange,
 medieval intellectuals justified on ethical grounds the interference of
 the just price in market activity and attempted to rectify the
 inequalities of exchange and distribution through the institutional
 regulations of Church and court. 
Journal: The European Journal of the History of Economic Thought 
Pages: 191-216 
Issue: 2 
Volume: 4 
Year: 1997 
Keywords: just price, Price, price, price mechanism, economics, ethics, institutional regulation, justice, 
X-DOI: 10.1080/10427719700000036 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000036 
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:2:p:191-216




Template-Type: ReDIF-Article 1.0
Author-Name: Terry Peach 
Author-X-Name-First: Terry 
Author-X-Name-Last: Peach 
Title: The age of the universal consumer: a reconsideration of Ricardo's politics 
Abstract:
  This paper reconsiders Ricardo's political thought, its relationship with
 his political economy and, more generally, Ricardo's connection with the
 'philosophical radicalism' of Bentham and James Mill. It is arguedinter
 alia, that Ricardo's politics were utilitarian and individualistic; that
 he developed a notion of a shared, homogeneous interest; that he believed
 that individuals should know their 'real' interests as a condition for
 their suffrage; and that he subscribed to a doctrine of virtual
 representation. It is also argued that Ricardo was considerably less
 'radical' in his political views than some previous commentators have
 recognized. 
Journal: The European Journal of the History of Economic Thought 
Pages: 217-236 
Issue: 2 
Volume: 4 
Year: 1997 
Keywords: Ricardo, individualism, utilitarianism, philosophic radicalism, 
X-DOI: 10.1080/10427719700000037 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000037 
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:2:p:217-236




Template-Type: ReDIF-Article 1.0
Author-Name: Nathan Sussman 
Author-X-Name-First: Nathan 
Author-X-Name-Last: Sussman 
Title: William Huskisson and the bullion controversy, 1810 
Abstract:
  The debate concerning the return to the gold standard in England during
 and in the aftermath of the Napoleonic Wars, and the subsequent resumption
 of convertibility in 1819, played a significant role in British monetary
 orthodoxy. Its impact culminated in the 1925 decision to return to gold at
 prewar parity. Examining the contribution of William Huskisson - one of
 the authors of the Bullion Report - to the bullion controversy I argue
 that he played a major role in shaping British monetary policy of the
 nineteenth century. 
Journal: The European Journal of the History of Economic Thought 
Pages: 237-257 
Issue: 2 
Volume: 4 
Year: 1997 
Keywords: Bullionism, Huskisson, gold standard, monetary policy, England, eighteenth century economics, 
X-DOI: 10.1080/10427719700000038 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000038 
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:2:p:237-257




Template-Type: ReDIF-Article 1.0
Author-Name: Michel De Vroey 
Author-X-Name-First: Michel 
Author-X-Name-Last: De Vroey 
Title: Involuntary unemployment: the missing piece in Keynes's General Theory 
Abstract:
  Using a retrospective methodology, my paper examines critically the
 insights on involuntary unemployment offered by Keynes in his General
 Theory. Keynes, it is argued, gave involuntary unemployment a modern
 micro-founded definition yet &#x2014; quite opportunely, in view of the
 difficulty of the task&#x2014;did not attempt to provide a direct
 microeconomic explanation of it Rather, his claim to the demonstration of
 its existence rests on an indirect argument, where involuntary
 unemployment emerges at the corollary of effective demand falling short of
 its full employment level. This justification is based on the more or less
 tacit assumption that involuntary unemployment and effective
 demand-deficiency are equivalent. This claim of equivalence, it will be
 argued, is wanting. Hence the view that involuntary unemployment may have
 been demonstrated through the proxy of demand-deficiency falls. My paper
 evaluates whether Keynes's other arguments in favour of involuntary
 unemployment are robust. Several alternative interpretations of his
 General TheoryChapter Two 'fundamental observation', focusing respectively
 on money illusion, adjustment flaws, and resistance to cuts in nominal
 wages, are discussed. Here also the verdict will be negative. The general
 conclusion then follows that no solid explanation for the existence of
 involuntary unemployment is to be found in theGeneral Theory. 
Journal: The European Journal of the History of Economic Thought 
Pages: 258-283 
Issue: 2 
Volume: 4 
Year: 1997 
Keywords: Keynes, Keynesianism [or Keynesian Theory], Involuntary Unemployment, effective demand, 
X-DOI: 10.1080/10427719700000039 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000039 
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:2:p:258-283




Template-Type: ReDIF-Article 1.0
Author-Name: Bo Sandelin 
Author-X-Name-First: Bo 
Author-X-Name-Last: Sandelin 
Author-Name: Sinimarria Ranki 
Author-X-Name-First: Sinimarria 
Author-X-Name-Last: Ranki 
Title: Internationalization or Americanization of Swedish economics? 
Abstract:
  The Modern variant of internationalization of Swedish economics began at
 the end of the nineteenth century will Wicksell as the first clearly
 international economist. By that time foreign influences came especially
 from the German-language area. We concentrate, however, on the period
 after the Second World war. Our statistics is based oninter alia, the
 Scandinagian Journal of Economics. English has gradually become the most
 important language in citations and Swedish dissertations. American
 influences have become large, and the Swedish ideal of research is very
 similar to the American one. The evolution is, however, not unequivocal. 
Journal: The European Journal of the History of Economic Thought 
Pages: 284-298 
Issue: 2 
Volume: 4 
Year: 1997 
Keywords: Internationalization, Americanization, Swedish economics, 
X-DOI: 10.1080/10427719700000040 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000040 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:2:p:284-298




Template-Type: ReDIF-Article 1.0
Author-Name: Robert Leonard 
Author-X-Name-First: Robert 
Author-X-Name-Last: Leonard 
Title: Value, sign, and social structure: the 'game' metaphor and modern social science 
Abstract:
  This exploratory paper, part of continued work on the history of game
 theory, seeks to illustrate certain links between von Neumann's theory of
 games and contemporaneous ideas in other fields. In particular, we claim
 that the emergence of the analytical metaphor of the 'game' in economics
 can be viewed as part of a general reconceptualization of theory in a
 range of disciplines. That methodological reconstitution may be described
 as the emergence of a Structuralist view, an approach to theorizing which
 treated its object - be that a text, a kinship arrangement, or an economy
 - as a self-contained system, with its own internal logic, subject to its
 own 'laws'. In particular, individual texts, or observed social and
 economic arrangements, are now viewed as variations on an underlying
 logical theme, on a structural invariant. The latter is to be uncovered,
 in the case of linguistics, through the analysis of phonemes; in kinship
 analysis, through the rules governing the exchange of women because of the
 incest taboo; in von Neumann and Morgensterns game theory, through the
 possibilities for equilibrium coalition formation, based on the stable
 set. There thus emerged a tendency, across the intellectual spectrum,
 towards seeing things in combinatorialterms. Theoretical coherence was to
 be found in examining how objects 'held together' rather than analysing
 where they 'came from': nineteenth-century concerns with history,
 evolution and individual psychology give way to a distinctly modern
 emphasis on synchronic, formal structure, on analogical reasoning. Atomism
 gave way to holism, and formal elegance superceded immediate empirical
 content. Recourse to the metaphor of the 'game' was constitutive of this
 shift, which we examine by referring to Saussures General Course in
 Linguistics, to Formalism in mathematics and literary analysis, to
 Levi-Strauss's analysis of kinship and myth, and to von Neumann and
 Morgenstern's Theory of Games and Economic Behaviour. 
Journal: The European Journal of the History of Economic Thought 
Pages: 299-326 
Issue: 2 
Volume: 4 
Year: 1997 
Keywords: Von Neumann, Morgenstern, Menger, Levi-Strauss, formalism, linguistics, structuralism, 
X-DOI: 10.1080/10427719700000041 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000041 
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:2:p:299-326




Template-Type: ReDIF-Article 1.0
Author-Name: Riccardo Faucci 
Author-X-Name-First: Riccardo 
Author-X-Name-Last: Faucci 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 327-331 
Issue: 2 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000042 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000042 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:2:p:327-331




Template-Type: ReDIF-Article 1.0
Author-Name: Elias Tempelis 
Author-X-Name-First: Elias 
Author-X-Name-Last: Tempelis 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 331-332 
Issue: 2 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000043 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000043 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:2:p:331-332




Template-Type: ReDIF-Article 1.0
Author-Name: Richard Sturn 
Author-X-Name-First: Richard 
Author-X-Name-Last: Sturn 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 332-335 
Issue: 2 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000044 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000044 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:2:p:332-335




Template-Type: ReDIF-Article 1.0
Author-Name: William Barber 
Author-X-Name-First: William 
Author-X-Name-Last: Barber 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 336-337 
Issue: 2 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000045 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000045 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:2:p:336-337




Template-Type: ReDIF-Article 1.0
Author-Name: Walter Eltis 
Author-X-Name-First: Walter 
Author-X-Name-Last: Eltis 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 337-340 
Issue: 2 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000046 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000046 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:2:p:337-340




Template-Type: ReDIF-Article 1.0
Author-Name: Marianne Ferber 
Author-X-Name-First: Marianne 
Author-X-Name-Last: Ferber 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 340-343 
Issue: 2 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000047 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000047 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:2:p:340-343




Template-Type: ReDIF-Article 1.0
Author-Name: James Alvey 
Author-X-Name-First: James 
Author-X-Name-Last: Alvey 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 343-346 
Issue: 2 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000048 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000048 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:2:p:343-346




Template-Type: ReDIF-Article 1.0
Author-Name: Kurt Rothschild 
Author-X-Name-First: Kurt 
Author-X-Name-Last: Rothschild 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 346-348 
Issue: 2 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000049 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000049 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:2:p:346-348




Template-Type: ReDIF-Article 1.0
Author-Name: Tiziano Raffaelli 
Author-X-Name-First: Tiziano 
Author-X-Name-Last: Raffaelli 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 349-351 
Issue: 2 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000050 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000050 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:2:p:349-351




Template-Type: ReDIF-Article 1.0
Author-Name: Hans Nulzinger 
Author-X-Name-First: Hans 
Author-X-Name-Last: Nulzinger 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 351-353 
Issue: 2 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000051 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000051 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:2:p:351-353




Template-Type: ReDIF-Article 1.0
Author-Name: Peter Groenewegen 
Author-X-Name-First: Peter 
Author-X-Name-Last: Groenewegen 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 360-364 
Issue: 2 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000054 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000054 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:2:p:360-364




Template-Type: ReDIF-Article 1.0
Author-Name: Hans-Jurgen Wagener 
Author-X-Name-First: Hans-Jurgen 
Author-X-Name-Last: Wagener 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 365-369 
Issue: 2 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000055 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000055 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:2:p:365-369




Template-Type: ReDIF-Article 1.0
Author-Name: Christos Baloglou 
Author-X-Name-First: Christos 
Author-X-Name-Last: Baloglou 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 369-370 
Issue: 2 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000056 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000056 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:2:p:369-370




Template-Type: ReDIF-Article 1.0
Author-Name: Robert Ekelund 
Author-X-Name-First: Robert 
Author-X-Name-Last: Ekelund 
Author-Name: Robert Tollison 
Author-X-Name-First: Robert 
Author-X-Name-Last: Tollison 
Title: On neoinstitutional theory and preclassical economies: mercantilism revisited 
Abstract:
  How and why do economies grow? This paper surveys recent research into
 preclassical economies, with particular emphasis on the mercantile period
 as to the adequacy of an answer of this critical question. Historical,
 'ideational' and neoinstitutionalist approaches are analyzed as
 independent explanations for institutional change. While all of these
 approaches are found to have value, this survey argues that an unabashedly
 modern version of Marshallian economics has the greatest explanatory
 power. 
Journal: The European Journal of the History of Economic Thought 
Pages: 375-399 
Issue: 3 
Volume: 4 
Year: 1997 
Keywords: Mercantilism, neoinstitutional economics, preclassical economies, Eli Heckscher, 
X-DOI: 10.1080/10427719700000058 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000058 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:3:p:375-399




Template-Type: ReDIF-Article 1.0
Author-Name: Wilfred Dolfsma 
Author-X-Name-First: Wilfred 
Author-X-Name-Last: Dolfsma 
Title: The social construction of value: value theories and John Locke's framework of qualities 
Abstract:
  Value theory is central to economics. Whenever new economic theories
 appear on stage, their theory of value is different. I classify value
 theories along Locke's lines of primary and secondary qualities. When
 value is thought to inhere in objects, value is a primary quality. The
 marginalists perceive value as given to objects by autonomous individuals
 independent of their environment (much like monads) with given
 preferences. Value here is a secondary quality. Both are unsatisfactory;
 value is a social construct. The question arises why social value theory,
 which Clark and Anderson worked on around the turn of the nineteenth
 century, did not take root. 
Journal: The European Journal of the History of Economic Thought 
Pages: 400-416 
Issue: 3 
Volume: 4 
Year: 1997 
Keywords: value theory, social value theory, valuation, John Locke, classification, 
X-DOI: 10.1080/10427719700000059 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000059 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:3:p:400-416




Template-Type: ReDIF-Article 1.0
Author-Name: Aspromourgos Tony 
Author-X-Name-First: Aspromourgos 
Author-X-Name-Last: Tony 
Title: Cantillon on real wages and employment: a rational reconstruction of the significance of land utilization 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 417-443 
Issue: 3 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000060 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000060 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:3:p:417-443




Template-Type: ReDIF-Article 1.0
Author-Name: Carlos Rodriguez Braun 
Author-X-Name-First: Carlos Rodriguez 
Author-X-Name-Last: Braun 
Title: Early Smithian economics in the Spanish empire: J. H. Vieytes and colonial policy 
Abstract:
  Juan Hipolito Vieytes (1762-1815)was a hero of the May 1810 Revolution in
 Buenos Aires and one of the early economists in the River Plate area.
 Although Robert Sidney Smith dismissed Vieytes as a very minor figure in
 Spanish economic thought, this article attempts to show that Vieytes, an
 entrepreneur and journalist and only self-taught in political economy, was
 an early and able follower and divulgator of Smithian economics. He
 advocated free trade and liberal economic reforms, pointing at the
 competitiveness of the domestic workshops or 'popular industry' in a
 country with scanty population and extensive and cheap land. 
Journal: The European Journal of the History of Economic Thought 
Pages: 444-454 
Issue: 3 
Volume: 4 
Year: 1997 
Keywords: classical economic policy, Adam Smith, colonies, Spain, Spanish America, 
X-DOI: 10.1080/10427719700000061 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000061 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:3:p:444-454




Template-Type: ReDIF-Article 1.0
Author-Name: Rhead Bowman 
Author-X-Name-First: Rhead 
Author-X-Name-Last: Bowman 
Title: The place of education in W. S. Jevons's political economy 
Abstract:
  The paper begins with the question of what became, in Jevons's new
 economics, of the imperative in classical political economy to educate the
 masses. Much of the core of classical thought, including the Malthusian
 principle and the wages-fund theory, together with Mill's new arguments
 about market failure, rationalized the need for state-supported general
 education as a benefit to both the labouring classes and society at large.
 Jevons's strong claim that Ricardo-Mill economics must be abandoned would
 seem to leave education policy without a strong mooring. However, he
 re-anchored it in his productivity approach to wage theory, his utility
 maximization approach to value theory and public works spending, and his
 empirical analyses of business cycles, the potential of long-term
 austerity, and poor consumption-saving behaviour of the working classes.
 The end result was similar to that of classical political economy, a
 multi-dimensional rationale for a policy of State-supported general
 education. 
Journal: The European Journal of the History of Economic Thought 
Pages: 455-477 
Issue: 3 
Volume: 4 
Year: 1997 
Keywords: Jevons, education, productivity, utilitarianism, classical political economy, labour-capital conflict, business cycle, 
X-DOI: 10.1080/10427719700000062 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000062 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:3:p:455-477




Template-Type: ReDIF-Article 1.0
Author-Name: Martin O'Connor 
Author-X-Name-First: Martin 
Author-X-Name-Last: O'Connor 
Title: John Stuart Mill's utilitarianism and the social ethics of sustainable development 
Abstract:
  This paper considers the writings of John Stuart Mill in political
 philosophy and political economy as a prototype for ideals of a
 'sustainable development' grounded in a norm of justice and social
 solidarity. Mill's conception of a just 'stationary state* of society is
 examined alongside his attempts to reconcile precepts of non-interference
 (individual freedom) and private property, with the constraints and
 obligations of social, economic, and ecological coexistence. It is shown
 that notwithstanding vaccillations, Mill ends up espousing an ethical norm
 of reciprocity and solidarity that is quite different from the premise of
 self-interest axiomatized in most economic models of competitive market
 economies. These intuitions about a duty of care complementary to the
 non-interference principle, when systematized, are shown to find a new
 contemporary application to questions of economic justice and
 environmental sustainability. 
Journal: The European Journal of the History of Economic Thought 
Pages: 478-506 
Issue: 3 
Volume: 4 
Year: 1997 
Keywords: sustainability, reciprocity, utilitarianism, J. S. Mill, individual freedom, economic justice, stationary state, 
X-DOI: 10.1080/10427719700000063 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000063 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:3:p:478-506




Template-Type: ReDIF-Article 1.0
Author-Name: Heino Klingen 
Author-X-Name-First: Heino 
Author-X-Name-Last: Klingen 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 507-511 
Issue: 3 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000064 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000064 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:3:p:507-511




Template-Type: ReDIF-Article 1.0
Author-Name: Jochen Schumann 
Author-X-Name-First: Jochen 
Author-X-Name-Last: Schumann 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 511-514 
Issue: 3 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000065 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000065 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:3:p:511-514




Template-Type: ReDIF-Article 1.0
Author-Name: Jurgen Backhans 
Author-X-Name-First: Jurgen 
Author-X-Name-Last: Backhans 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 515-516 
Issue: 3 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000066 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000066 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:4:y:1997:i:3:p:515-516




Template-Type: ReDIF-Article 1.0
Author-Name: Heinz Kurz 
Author-X-Name-First: Heinz 
Author-X-Name-Last: Kurz 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 517-517 
Issue: 3 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000067 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000067 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:4:y:1997:i:3:p:517-517




Template-Type: ReDIF-Article 1.0
Author-Name: Peter Rosner 
Author-X-Name-First: Peter 
Author-X-Name-Last: Rosner 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 518-521 
Issue: 3 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000068 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000068 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:4:y:1997:i:3:p:518-521




Template-Type: ReDIF-Article 1.0
Author-Name: Heinz Kurz 
Author-X-Name-First: Heinz 
Author-X-Name-Last: Kurz 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 521-523 
Issue: 3 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000069 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000069 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:3:p:521-523




Template-Type: ReDIF-Article 1.0
Author-Name: Kurt Rothschild 
Author-X-Name-First: Kurt 
Author-X-Name-Last: Rothschild 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 523-525 
Issue: 3 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000070 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000070 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:3:p:523-525




Template-Type: ReDIF-Article 1.0
Author-Name: Philippe Fontaine 
Author-X-Name-First: Philippe 
Author-X-Name-Last: Fontaine 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 525-529 
Issue: 3 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000071 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000071 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:3:p:525-529




Template-Type: ReDIF-Article 1.0
Author-Name: Pascal Bridel 
Author-X-Name-First: Pascal 
Author-X-Name-Last: Bridel 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 530-533 
Issue: 3 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000072 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000072 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:4:y:1997:i:3:p:530-533




Template-Type: ReDIF-Article 1.0
Author-Name: Christian Gehrke 
Author-X-Name-First: Christian 
Author-X-Name-Last: Gehrke 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 533-538 
Issue: 3 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000073 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000073 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:4:y:1997:i:3:p:533-538




Template-Type: ReDIF-Article 1.0
Author-Name: Heinz Kurz 
Author-X-Name-First: Heinz 
Author-X-Name-Last: Kurz 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 539-541 
Issue: 3 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000074 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000074 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:3:p:539-541




Template-Type: ReDIF-Article 1.0
Author-Name: Takashi Negishi 
Author-X-Name-First: Takashi 
Author-X-Name-Last: Negishi 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 542-544 
Issue: 3 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000075 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000075 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:3:p:542-544




Template-Type: ReDIF-Article 1.0
Author-Name: Philippe Steiner 
Author-X-Name-First: Philippe 
Author-X-Name-Last: Steiner 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 544-546 
Issue: 3 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000076 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000076 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:3:p:544-546




Template-Type: ReDIF-Article 1.0
Author-Name: Augusto Graziani 
Author-X-Name-First: Augusto 
Author-X-Name-Last: Graziani 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 546-549 
Issue: 3 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000077 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000077 
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:3:p:546-549




Template-Type: ReDIF-Article 1.0
Author-Name: Nicholas Baigent 
Author-X-Name-First: Nicholas 
Author-X-Name-Last: Baigent 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 549-551 
Issue: 3 
Volume: 4 
Year: 1997 
X-DOI: 10.1080/10427719700000078 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719700000078 
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Handle: RePEc:taf:eujhet:v:4:y:1997:i:3:p:549-551




Template-Type: ReDIF-Article 1.0
Author-Name: Toon Van Houdt 
Author-X-Name-First: Toon 
Author-X-Name-Last: Van Houdt 
Title: 'Lack of money': a reappraisal of Lessius' contribution to the scholastic analysis of money-lending and interest-taking 
Abstract:
  The Jesuit theologian Leonard Lessius contributed his own small part to
 the intellectual renewal of the so-called 'School of Salamanca' by
 introducing into the scholastic doctrine on lending a new extrinsic title,
 which he termed 'lack of money' (carentia pecuniae). In this article, I
 re-examine the genesis of the extrinsic title in light of new evidence
 that I have discovered. I continue with a thorough analysis of the title
 itself. I argue that the introduction of carentia pecuniaewas a highly
 significant contribution to late scholastic economic thought because of
 its insight that interest represented the time value of money which was to
 be determined by a common estimate on the loan market or Bourse. Finally,
 I try to explain why Lessius did not consider it completely inconceivable
 or at odds that it was morally acceptable for merchants to fix a market or
 Bourse price for money lent, while at the same time remaining faithful to
 the traditional ecclesiastical prohibition of usury. 
Journal: The European Journal of the History of Economic Thought 
Pages: 1-35 
Issue: 1 
Volume: 5 
Year: 1998 
Keywords: Lessius, late scholastic thought, lending at interest, usury, extrinsic titles, 
X-DOI: 10.1080/10427719800000001 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000001 
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Template-Type: ReDIF-Article 1.0
Author-Name: David Levine 
Author-X-Name-First: David 
Author-X-Name-Last: Levine 
Title: The self and its interests in classical political economy 
Abstract:
  Because economic affairs involve individual action, they must be
 understood on the basis of a theory which is both subjective, depending on
 a conception of individual decision-making and especially private
 interest, and objective, demonstrating how the objective forces of a
 system of interaction including a system of production and reproduction
 shape outcomes of individual action. Economic theory, then, requires a
 conception of the individual agent or subject of economic activity. In
 this essay, I explore this conception as it develops in the classical
 theory exemplified by the work of Adam Smith and Karl Marx. 
Journal: The European Journal of the History of Economic Thought 
Pages: 36-59 
Issue: 1 
Volume: 5 
Year: 1998 
Keywords: self-interest, classical political economy, labour, Adam Smith, Karl Marx, 
X-DOI: 10.1080/10427719800000002 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000002 
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:1:p:36-59




Template-Type: ReDIF-Article 1.0
Author-Name: Jerome de Boyer 
Author-X-Name-First: Jerome 
Author-X-Name-Last: de Boyer 
Title: Endogenous money and shareholders' funds in the classical theory of banking 
Abstract:
  By its nature, bank money is endogenous, but its issuing is risky and
 presupposes the presence of banks' shareholders' funds. Shareholders'
 funds give banks the means of dealing with the difficulties involved in
 the process of money creation and which are inherent to the banking
 activity: convertibility constraint, credit and liquidity risks. Unlike
 the Richardian paradigm, Smith's 'real bill theory' and Thornton's 'lender
 of last resort theory' point out the functions of shareholder's funds.
 Therefore their monetary-banking approachs seem more complementary than
 contradictory. In other respects, the theory of endogenous money and
 credit introduces risks and capital in the analysis of exchange and lead
 to questioning the classical market theory constructed on the model of
 bartering 
Journal: The European Journal of the History of Economic Thought 
Pages: 60-84 
Issue: 1 
Volume: 5 
Year: 1998 
Keywords: Smith, Thornton, shareholders' funds, endogenous money, eighteenthcentury economics, credit, bank's risks, 
X-DOI: 10.1080/10427719800000003 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000003 
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:1:p:60-84




Template-Type: ReDIF-Article 1.0
Author-Name: Heinz Kurz 
Author-X-Name-First: Heinz 
Author-X-Name-Last: Kurz 
Title: Friedrich Benedikt Wilhelm Hermann on capital and profits 
Abstract:
  The paper recalls some of the achievements of Friedrich Benedikt Wilhelm
 Hermann, a remarkable German economist whose work, once praised by authors
 such as von Thunen, Menger, Marshall and Schumpeter, has largely fallen
 into oblivion. The emphasis is on Hermann's contributions to the theory of
 capital, profits and relative prices. It is argued that Hermann's writing
 reflect a period of upheaval, both theoretically and socio-economically -
 a period of transition from classical to marginalist economics and one in
 which the 'social question' became ever more pressing. On the one hand
 Hermann contributed to the development of the classical theory of value
 and distribution, and on the other he prepared the ground for the
 replacement of that theory by marginal productivity theory. 
Journal: The European Journal of the History of Economic Thought 
Pages: 85-119 
Issue: 1 
Volume: 5 
Year: 1998 
Keywords: Hermann, capital, profits, prices, classical economics, marginalist economics, marginal productivity theory, 
X-DOI: 10.1080/10427719800000004 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000004 
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:1:p:85-119




Template-Type: ReDIF-Article 1.0
Author-Name: Claes-Henric Siven 
Author-X-Name-First: Claes-Henric 
Author-X-Name-Last: Siven 
Title: Two early Swedish debates about Wicksell's cumulative process 
Abstract:
  The paper contains a survey and analysis of two debates between Wicksell
 and a number of Swedish economists concerning the cumulative process. The
 debates illustrate various problems with the analytical formulation of the
 cumulative process and how these problems were dealt with by the
 participants. Inter alia the institutional framework (inside versus
 outside money), excess demand or interest gap as an engine of inflation,
 the natural and the normal rate of interest, the relationship between the
 real and the monetary parts of the economy and price expectations are
 discussed in the paper. 
Journal: The European Journal of the History of Economic Thought 
Pages: 120-139 
Issue: 1 
Volume: 5 
Year: 1998 
Keywords: Wicksell, Davidson, Cumulative process, Inflation, Money, Expectations, 
X-DOI: 10.1080/10427719800000005 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000005 
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:1:p:120-139




Template-Type: ReDIF-Article 1.0
Author-Name: Mauro Boianovsky 
Author-X-Name-First: Mauro 
Author-X-Name-Last: Boianovsky 
Title: Wicksell, Ramsey and the theory of interest 
Abstract:
  The article discusses Wicksell's assessment of the controversy between
 Bohm-Bawerk on one side, and Fisher and Bortkiewicz on the other, on the
 role of productivity (the 'third reason') in the determination of the rate
 of interest. It is shown that in the process of arguing out the third
 reason Wicksell came remarkably close to Frank Ramsey's view of the
 determinants of saving in economies with a positive subjective rate of
 discount. The similarities between Wicksell and Ramsey result from the
 fact that - in contrast with Fisher and Bohm-Bewerk - they assumed
 reinvestment, with the corollary that maximum permanent consumption will
 be reached at zero interest if the subjective rate discount of future
 utility is zero. Wicksell used his Ramsey-like saving rule to explain the
 interaction betwen Bohm-Bawerk's three reasons in either dynamic or
 stationary conditions, which enabled him to reformulate the third reason
 as the 'marginal productivity of waiting'. Finally, the relevance of
 Wicksell's savings rule for the perennial debate on 'Wicksell's missing
 equation' is considered in the last section of the article. 
Journal: The European Journal of the History of Economic Thought 
Pages: 140-168 
Issue: 1 
Volume: 5 
Year: 1998 
Keywords: rate of interest, saving, technical progress, time preference, capital, 
X-DOI: 10.1080/10427719800000006 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000006 
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:1:p:140-168




Template-Type: ReDIF-Article 1.0
Author-Name: Axel Leijonhufvud 
Author-X-Name-First: Axel 
Author-X-Name-Last: Leijonhufvud 
Title: Mr Keynes and the Moderns 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 169-188 
Issue: 1 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000007 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000007 
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:1:p:169-188




Template-Type: ReDIF-Article 1.0
Author-Name: Frank Hahn 
Author-X-Name-First: Frank 
Author-X-Name-Last: Hahn 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 189-191 
Issue: 1 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000008 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000008 
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:1:p:189-191




Template-Type: ReDIF-Article 1.0
Author-Name: Bertram Schefold 
Author-X-Name-First: Bertram 
Author-X-Name-Last: Schefold 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 191-193 
Issue: 1 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000009 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000009 
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:1:p:191-193




Template-Type: ReDIF-Article 1.0
Author-Name: Toon Van Houdt 
Author-X-Name-First: Toon 
Author-X-Name-Last: Van Houdt 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 193-196 
Issue: 1 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000010 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000010 
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:1:p:193-196




Template-Type: ReDIF-Article 1.0
Author-Name: Pablo Cervera 
Author-X-Name-First: Pablo 
Author-X-Name-Last: Cervera 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 197-200 
Issue: 1 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000011 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000011 
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:1:p:197-200




Template-Type: ReDIF-Article 1.0
Author-Name: Christos Baloglou 
Author-X-Name-First: Christos 
Author-X-Name-Last: Baloglou 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 201-202 
Issue: 1 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000012 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000012 
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:1:p:201-202




Template-Type: ReDIF-Article 1.0
Author-Name: Bertram Schefold 
Author-X-Name-First: Bertram 
Author-X-Name-Last: Schefold 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 203-205 
Issue: 1 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000013 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000013 
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:1:p:203-205




Template-Type: ReDIF-Article 1.0
Author-Name: Annalisa Rosselli 
Author-X-Name-First: Annalisa 
Author-X-Name-Last: Rosselli 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 205-209 
Issue: 1 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000014 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000014 
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:1:p:205-209




Template-Type: ReDIF-Article 1.0
Author-Name: Marco Guidi 
Author-X-Name-First: Marco 
Author-X-Name-Last: Guidi 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 210-212 
Issue: 1 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000015 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000015 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:1:p:210-212




Template-Type: ReDIF-Article 1.0
Author-Name: Walter Eltis 
Author-X-Name-First: Walter 
Author-X-Name-Last: Eltis 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 213-217 
Issue: 1 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000016 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000016 
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:1:p:213-217




Template-Type: ReDIF-Article 1.0
Author-Name: Peter Spahn 
Author-X-Name-First: Peter 
Author-X-Name-Last: Spahn 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 218-220 
Issue: 1 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000017 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000017 
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:1:p:218-220




Template-Type: ReDIF-Article 1.0
Author-Name: Philippe Steiner 
Author-X-Name-First: Philippe 
Author-X-Name-Last: Steiner 
Title: The structure of Say's economic writings 
Abstract:
  The present paper establishes a general picture of Say's economic
 thought. The first part provides a general view of Say's writings
 stressing his economic publications other than the Traite, and the
 non-economic publications covering two other realms of what was labelled
 the Sciences morales et politiques in France at that time. The second part
 is devoted to the Traite since this theoretical piece belonging to
 Classical political economy has a history throughout its various editions.
 Finally, the third part considers Say's second great book in economics,
 the Cours complet d'eeconomie politique pratique and explains the reasons
 why he wrote it. 
Journal: The European Journal of the History of Economic Thought 
Pages: 227-249 
Issue: 2 
Volume: 5 
Year: 1998 
Keywords: Jean-Baptiste Say, David Ricardo, John Stuart Mill, Classical Political Economy, 
X-DOI: 10.1080/10427719800000019 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000019 
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:2:p:227-249




Template-Type: ReDIF-Article 1.0
Author-Name: Avner Cohen 
Author-X-Name-First: Avner 
Author-X-Name-Last: Cohen 
Title: Cobden's stance on the currency and the political forces behind the approval of the Bank Charter Act of 1844 
Abstract:
  Contemporary scholars consider the banking legislation of the first half
 of the nineteenth century, to have inhibited the development of British
 industry, However, some doubts about this conception should have arisen
 due to Richard Cobden's stance on the currency question in general and on
 the Bank Charter Act of 1844 in particular. Cobden, who is usually viewed
 as a representative of industrial interests, was expected to oppose the
 Bank Act. However, he did not. This paper attempts to show how can
 Cobden's views regarding monetary policy be reconciled with his stand as
 one of the most prominent leaders of industry at the time. 
Journal: The European Journal of the History of Economic Thought 
Pages: 250-275 
Issue: 2 
Volume: 5 
Year: 1998 
Keywords: Richard Cobden, Bank Charter Act, Currency school, Banking school, Monetary policy, 
X-DOI: 10.1080/10427719800000020 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000020 
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:2:p:250-275




Template-Type: ReDIF-Article 1.0
Author-Name: Eberhard Feess 
Author-X-Name-First: Eberhard 
Author-X-Name-Last: Feess 
Title: Marx on Ricardo: an explanation of some important misunderstandings 
Abstract:
  Ricardo's theory of value and distribution is reconstructed by proceeding
 along the lines of Marx's critique of Ricardo. It is thus an anti-critique
 of Marx's reading of Ricardo. The chapter 'On Value' in Ricardo's
 Principles is shown to be a consistent and rigorous treatment of the
 determinants of prices of production. According to Ricardo labor-values
 merely serve to approximate more elaborate standards of value. Marx's
 criticism is shown to rest crucially on his own misinterpretation of
 Ricardo's definitions and presupposes his own - faulty - theory of surplus
 value. Therefore Ricardo's theory can - contrary to Marx's theory of
 surplus value - still be regarded as a fruitful complement to Sraffa's
 model. 
Journal: The European Journal of the History of Economic Thought 
Pages: 276-291 
Issue: 2 
Volume: 5 
Year: 1998 
Keywords: Marx, Ricardo, theory of surplus value, labour theory of value, 
X-DOI: 10.1080/10427719800000021 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000021 
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:2:p:276-291




Template-Type: ReDIF-Article 1.0
Author-Name: Harald Hagemann 
Author-X-Name-First: Harald 
Author-X-Name-Last: Hagemann 
Author-Name: Hans-Michael Trautwein 
Author-X-Name-First: Hans-Michael 
Author-X-Name-Last: Trautwein 
Title: Cantillon and Ricardo effects: Hayek's contributions to business cycle theory 
Abstract:
  The distinctive line of argument in Hayek' business cycle theory can be
 characterized as a combination of the Cantillon effect monetary expansion
 on the price structure and the Ricardo effect of a shortage of consumption
 goods on the production of investment goods. This paper compares the
 original ideas of Cantillon and Ricardo with their adaptation and
 combination by Hayek. The differences help to expose fundamental problems
 in Hayek' theory and, more generally, in projects of integrating money and
 the business-cycle phenomenon with Walrasian general equilibrium theory. 
Journal: The European Journal of the History of Economic Thought 
Pages: 292-316 
Issue: 2 
Volume: 5 
Year: 1998 
Keywords: Hayek, Cantillon, Ricardo, business cycle, money supply, structure of pro-duction, 
X-DOI: 10.1080/10427719800000022 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000022 
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:2:p:292-316




Template-Type: ReDIF-Article 1.0
Author-Name: Gilles Dostaler 
Author-X-Name-First: Gilles 
Author-X-Name-Last: Dostaler 
Title: Friedman and Keynes: divergences and convergences 
Abstract:
  Milton Friedman claims to have succeeded the Keynesian revolution with a
 counter-revolution which, incorporating certain features of Keynes's
 thought, triumphed at the end of the 1960s. This paper presents a general
 assessment of the relationship between these thinkers, in the domain of
 politics, methodology and economics, the emphasis being put on Friedman's
 reading of Keynes. In many places, Friedman stresses the convergences
 between his vision and Keynes's, as against the latter's Walrasian
 disciples. However, despite certain points of agreement at the
 methodological level, the two authors are radically opposed in terms of
 political vision and economic analysis. 
Journal: The European Journal of the History of Economic Thought 
Pages: 317-347 
Issue: 2 
Volume: 5 
Year: 1998 
Keywords: Friedman, Keynes, macroeconomics, 
X-DOI: 10.1080/10427719800000023 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000023 
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:2:p:317-347




Template-Type: ReDIF-Article 1.0
Author-Name: Tony Lawson 
Author-X-Name-First: Tony 
Author-X-Name-Last: Lawson 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 349-352 
Issue: 2 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000024 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000024 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:2:p:349-352




Template-Type: ReDIF-Article 1.0
Author-Name: Anna Carabelli 
Author-X-Name-First: Anna 
Author-X-Name-Last: Carabelli 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 352-353 
Issue: 2 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000025 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000025 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:2:p:352-353




Template-Type: ReDIF-Article 1.0
Author-Name: Volker Caspari 
Author-X-Name-First: Volker 
Author-X-Name-Last: Caspari 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 354-355 
Issue: 2 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000026 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000026 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:2:p:354-355




Template-Type: ReDIF-Article 1.0
Author-Name: Harald Hagemann 
Author-X-Name-First: Harald 
Author-X-Name-Last: Hagemann 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 356-358 
Issue: 2 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000027 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000027 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:2:p:356-358




Template-Type: ReDIF-Article 1.0
Author-Name: Vivian Walsh 
Author-X-Name-First: Vivian 
Author-X-Name-Last: Walsh 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 359-364 
Issue: 2 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000028 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000028 
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:2:p:359-364




Template-Type: ReDIF-Article 1.0
Author-Name: Amiya Kumar Bagchi 
Author-X-Name-First: Amiya Kumar 
Author-X-Name-Last: Bagchi 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 365-367 
Issue: 2 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000029 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000029 
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:2:p:365-367




Template-Type: ReDIF-Article 1.0
Author-Name: Michel Herland 
Author-X-Name-First: Michel 
Author-X-Name-Last: Herland 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 367-369 
Issue: 2 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000030 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000030 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:2:p:367-369




Template-Type: ReDIF-Article 1.0
Author-Name: D. E. Moggridge 
Author-X-Name-First: D. E. 
Author-X-Name-Last: Moggridge 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 369-371 
Issue: 2 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000031 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000031 
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:2:p:369-371




Template-Type: ReDIF-Article 1.0
Author-Name: Malte Faber 
Author-X-Name-First: Malte 
Author-X-Name-Last: Faber 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 371-374 
Issue: 2 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000032 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000032 
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:2:p:371-374




Template-Type: ReDIF-Article 1.0
Author-Name: Maria Cristina Marcuzzo 
Author-X-Name-First: Maria Cristina 
Author-X-Name-Last: Marcuzzo 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 374-377 
Issue: 2 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000033 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000033 
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:2:p:374-377




Template-Type: ReDIF-Article 1.0
Author-Name: Jose Luis Cardoso 
Author-X-Name-First: Jose Luis 
Author-X-Name-Last: Cardoso 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 377-380 
Issue: 2 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000034 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000034 
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:2:p:377-380




Template-Type: ReDIF-Article 1.0
Author-Name: Roger Backhouse 
Author-X-Name-First: Roger 
Author-X-Name-Last: Backhouse 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 380-385 
Issue: 2 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000035 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000035 
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:2:p:380-385




Template-Type: ReDIF-Article 1.0
Author-Name: Toon Van Houdt 
Author-X-Name-First: Toon 
Author-X-Name-Last: Van Houdt 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 385-389 
Issue: 2 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000036 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000036 
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:2:p:385-389




Template-Type: ReDIF-Article 1.0
Author-Name: Fabio Petri 
Author-X-Name-First: Fabio 
Author-X-Name-Last: Petri 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 389-393 
Issue: 2 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000037 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000037 
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:2:p:389-393




Template-Type: ReDIF-Article 1.0
Author-Name: Annie Cot 
Author-X-Name-First: Annie 
Author-X-Name-Last: Cot 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 393-396 
Issue: 2 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000038 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000038 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:2:p:393-396




Template-Type: ReDIF-Article 1.0
Author-Name: Jurg Niehans 
Author-X-Name-First: Jurg 
Author-X-Name-Last: Niehans 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 396-398 
Issue: 2 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000039 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000039 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:2:p:396-398




Template-Type: ReDIF-Article 1.0
Author-Name: Jan van Daal 
Author-X-Name-First: Jan 
Author-X-Name-Last: van Daal 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 399-404 
Issue: 2 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000040 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000040 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:2:p:399-404




Template-Type: ReDIF-Article 1.0
Author-Name: Thomas Huth 
Author-X-Name-First: Thomas 
Author-X-Name-Last: Huth 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 404-407 
Issue: 2 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000041 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000041 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:2:p:404-407




Template-Type: ReDIF-Article 1.0
Author-Name: Pierangelo Garegnani 
Author-X-Name-First: Pierangelo 
Author-X-Name-Last: Garegnani 
Title: Sraffa: the theoretical world of the 'old classical economists' 
Abstract:
  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. 
Journal: The European Journal of the History of Economic Thought 
Pages: 415-429 
Issue: 3 
Volume: 5 
Year: 1998 
Keywords: Sraffa, classical economists, demand (and supply), retruns (to scale), wages, (free) competition, aggregate demand, 
X-DOI: 10.1080/10427719800000043 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000043 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:3:p:415-429




Template-Type: ReDIF-Article 1.0
Author-Name: Samuel Hollander 
Author-X-Name-First: Samuel 
Author-X-Name-Last: Hollander 
Title: Sraffa in historiographical perspective: a provisional statement 
Abstract:
  Several features of Piero Sraffa' Production of Commodities are
 attributed to David Ricardo by Sraffa himself and by 'neo-Ricardians'
 generally. I have questioned elsewhere the Sraffian understanding of
 Ricardo. Assuming this challenge to be justified, the question arises how
 Sraffa may have erred. I approach the problem by asking: (i) whether his
 reading can only be rationalized in post-Marxian terms; and (ii) how he
 arrived at his reading. I conclude that Sraffa did read Ricardo in Marxian
 fashion; but that all the relevant Sraffian features are to be found in
 Ricardo though only within a narrowly restricted range of texts. 
Journal: The European Journal of the History of Economic Thought 
Pages: 430-436 
Issue: 3 
Volume: 5 
Year: 1998 
Keywords: Classical economics, Marx, Ricardo, Sraffa, 
X-DOI: 10.1080/10427719800000044 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000044 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:3:p:430-436




Template-Type: ReDIF-Article 1.0
Author-Name: Heinz Kurz 
Author-X-Name-First: Heinz 
Author-X-Name-Last: Kurz 
Title: Against the current: Sraffa's unpublished manuscripts and the history of economic thought 
Abstract:
  The paper throws some new light on Sraffa's contribution, using material
 from his yet unpublished papers. Attention focuses on Sraffa's rediscovery
 of the distinct character of the classical theory of value and
 distribution and his refutation of the Marshallian interpretation that it
 is only a special case of demand and supply theory, his reformulation of
 the classical theory, and his criticism of the alternative neoclassical
 theory. 
Journal: The European Journal of the History of Economic Thought 
Pages: 437-451 
Issue: 3 
Volume: 5 
Year: 1998 
Keywords: Sraffa, classical economics, income distribution, value, capital, 
X-DOI: 10.1080/10427719800000045 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000045 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:3:p:437-451




Template-Type: ReDIF-Article 1.0
Author-Name: Takashi Negishi 
Author-X-Name-First: Takashi 
Author-X-Name-Last: Negishi 
Title: Sraffa and the microfoundations of Keynes 
Abstract:
  After a brief survey of the Japanese literature on Sraffa, the author
 explains how his own theory of the microfoundations of Keynesian
 macro-economics was influenced by Sraff's view of competitive markets.
 This view can be interpreted that firms perceive kinked demand curves. It
 is emphasized that Azariadis's theory of implicit contracts can explain
 unemployment only if we take Sraffa's not Walras's, view of competitive
 market. 
Journal: The European Journal of the History of Economic Thought 
Pages: 452-457 
Issue: 3 
Volume: 5 
Year: 1998 
Keywords: implicit contracts, kinked demand curve, microfoundations of Keynesian economics, unemployment, 
X-DOI: 10.1080/10427719800000046 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000046 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:5:y:1998:i:3:p:452-457




Template-Type: ReDIF-Article 1.0
Author-Name: Paul Samuelson 
Author-X-Name-First: Paul 
Author-X-Name-Last: Samuelson 
Title: Report card on Sraffa at 100 
Abstract:
  Sraffa is lauded for (a) his magnificent editing of Ricardo's writings
 and (b) his 1960 classic on Production of Commodities by Means of
 Commodities. Regretted is the shortfall from his unlimited potential to
 his sparse bibliography of publications and oral lecturing, and his
 diffidence as an editor to interpret and criticize his classical heroes.
 Admired by Keynes and Wittgenstein and friend to the Marxist Antonio
 Gramsci, Piero was a much loved character. Because of, and not in spite
 of, the fact that he early lacked sympathy for the general equilibrium
 methodology and the mixed-economy ideology that dominated twentieth
 century mainstream economics, Sraffa was able to uniquely add value to the
 corpus of economic science. 
Journal: The European Journal of the History of Economic Thought 
Pages: 458-467 
Issue: 3 
Volume: 5 
Year: 1998 
Keywords: canonical classicism, neoclassical heresies, 
X-DOI: 10.1080/10427719800000047 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000047 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:5:y:1998:i:3:p:458-467




Template-Type: ReDIF-Article 1.0
Author-Name: Bertram Schefold 
Author-X-Name-First: Bertram 
Author-X-Name-Last: Schefold 
Title: Reading Sraffa's Indices - a note 
Abstract:
  Piero Sraffa took thirteen years to publish the General Indexto The Works
 and Correspondence of David Ricardo.The Index is compared to others and is
 shown to be exceptional in that it leads the way to specific
 interpretations of Ricardo's life and theory. The choice of entries
 referring to theory is based on Ricardo's own concepts and carefully
 avoids neoricardian, Marxian and neoclassical terms. Examples discussed
 concern 'comparative advantage' and 'value' The entries referring to
 Ricardo's life are proof of Sraffa's broad historical interests and focus
 on certain characteristics of Ricardo. 
Journal: The European Journal of the History of Economic Thought 
Pages: 468-479 
Issue: 3 
Volume: 5 
Year: 1998 
Keywords: Sraffa, Ricardo, value, comparative advantage, 
X-DOI: 10.1080/10427719800000048 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000048 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:5:y:1998:i:3:p:468-479




Template-Type: ReDIF-Article 1.0
Author-Name: Mark Cassidy 
Author-X-Name-First: Mark 
Author-X-Name-Last: Cassidy 
Title: John Fullarton's 'Response to a proposal for a Bank of India' 
Abstract:
  This paper introduces a previously unpublished manuscript of the Banking
 School writer John Fullarton. Despite his importance as a monetary
 theorist nothing is known of the development of Fullarton's monetary
 thought. The manuscript published here was written by Fullarton in India
 in 1836 in response to a proposal for the establishment of a Bank of
 India. It is an important discovery, not only because it is the first
 known economic work of one of the nineteenth century's most important
 writers on money and banking but also because it shows that Fullarton had
 developed views consistent with his later Banking School theory much
 earlier than previously believed. 
Journal: The European Journal of the History of Economic Thought 
Pages: 480-508 
Issue: 3 
Volume: 5 
Year: 1998 
Keywords: Fullarton, Banking School, Bank of India, reflux, competitive banking, 
X-DOI: 10.1080/10427719800000049 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000049 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:5:y:1998:i:3:p:480-508




Template-Type: ReDIF-Article 1.0
Author-Name: Mark Cassidy 
Author-X-Name-First: Mark 
Author-X-Name-Last: Cassidy 
Title: The development of John Fullarton's monetary theory 
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 
Journal: The European Journal of the History of Economic Thought 
Pages: 509-535 
Issue: 3 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000050 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000050 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:5:y:1998:i:3:p:509-535




Template-Type: ReDIF-Article 1.0
Author-Name: Francisco Louca 
Author-X-Name-First: Francisco 
Author-X-Name-Last: Louca 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 537-541 
Issue: 3 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000051 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000051 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:5:y:1998:i:3:p:537-541




Template-Type: ReDIF-Article 1.0
Author-Name: Jose Luis Cardoso 
Author-X-Name-First: Jose Luis 
Author-X-Name-Last: Cardoso 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 541-547 
Issue: 3 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000052 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000052 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:5:y:1998:i:3:p:541-547




Template-Type: ReDIF-Article 1.0
Author-Name: Richard Whatmore 
Author-X-Name-First: Richard 
Author-X-Name-Last: Whatmore 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 547-549 
Issue: 3 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000055 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000055 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:5:y:1998:i:3:p:547-549




Template-Type: ReDIF-Article 1.0
Author-Name: J. Stanley Metcalfe 
Author-X-Name-First: J. Stanley 
Author-X-Name-Last: Metcalfe 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 549-551 
Issue: 3 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000056 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000056 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:5:y:1998:i:3:p:549-551




Template-Type: ReDIF-Article 1.0
Author-Name: Lars Magnusson 
Author-X-Name-First: Lars 
Author-X-Name-Last: Magnusson 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 552-554 
Issue: 3 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000057 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000057 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:5:y:1998:i:3:p:552-554




Template-Type: ReDIF-Article 1.0
Author-Name: Pascal Bridel 
Author-X-Name-First: Pascal 
Author-X-Name-Last: Bridel 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 554-558 
Issue: 3 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000058 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000058 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:5:y:1998:i:3:p:554-558




Template-Type: ReDIF-Article 1.0
Author-Name: Nicolai Foss 
Author-X-Name-First: Nicolai 
Author-X-Name-Last: Foss 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 558-561 
Issue: 3 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000059 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000059 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:5:y:1998:i:3:p:558-561




Template-Type: ReDIF-Article 1.0
Author-Name: Philippe Steiner 
Author-X-Name-First: Philippe 
Author-X-Name-Last: Steiner 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 561-563 
Issue: 3 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000060 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000060 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:5:y:1998:i:3:p:561-563




Template-Type: ReDIF-Article 1.0
Author-Name: Andras Brody 
Author-X-Name-First: Andras 
Author-X-Name-Last: Brody 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 563-566 
Issue: 3 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000061 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000061 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:5:y:1998:i:3:p:563-566




Template-Type: ReDIF-Article 1.0
Author-Name: Mauro Boianousky 
Author-X-Name-First: Mauro 
Author-X-Name-Last: Boianousky 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 566-571 
Issue: 3 
Volume: 5 
Year: 1998 
X-DOI: 10.1080/10427719800000062 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719800000062 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:5:y:1998:i:3:p:566-571




Template-Type: ReDIF-Article 1.0
Author-Name: David Andrews 
Author-X-Name-First: David 
Author-X-Name-Last: Andrews 
Title: Continuity and change in Keynes's thought: the importance of Hume 
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'. 
Journal: The European Journal of the History of Economic Thought 
Pages: 1-21 
Issue: 1 
Volume: 6 
Year: 1999 
Keywords: Keynes, Hume, Uncertainty, Induction, Probability, Rationality, 
X-DOI: 10.1080/10427719900000122 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000122 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:1:p:1-21




Template-Type: ReDIF-Article 1.0
Author-Name: Mark Donoghue 
Author-X-Name-First: Mark 
Author-X-Name-Last: Donoghue 
Title: One step ahead: Thornton versus Longe 
Abstract:
  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. 
Journal: The European Journal of the History of Economic Thought 
Pages: 22-33 
Issue: 1 
Volume: 6 
Year: 1999 
Keywords: William Thomas Thornton, Francis Longe, Classical Wage Fund Doctrine, Trade Unions, 
X-DOI: 10.1080/10427719900000123 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000123 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:1:p:22-33




Template-Type: ReDIF-Article 1.0
Author-Name: Bert Mosselmans 
Author-X-Name-First: Bert 
Author-X-Name-Last: Mosselmans 
Title: Reproduction and scarcity: the population mechanism in classicism in the 'Jevonian revolution' 
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. 
Journal: The European Journal of the History of Economic Thought 
Pages: 34-57 
Issue: 1 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000124 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000124 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:1:p:34-57




Template-Type: ReDIF-Article 1.0
Author-Name: M. M. G. Fase 
Author-X-Name-First: M. M. G. 
Author-X-Name-Last: Fase 
Title: Pierson on scarcity of gold and changes in the general price level 
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. 
Journal: The European Journal of the History of Economic Thought 
Pages: 58-70 
Issue: 1 
Volume: 6 
Year: 1999 
Keywords: Pierson, deflaion, index numbers, monetarist view, 
X-DOI: 10.1080/10427719900000125 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000125 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:1:p:58-70




Template-Type: ReDIF-Article 1.0
Author-Name: Benny Carlson 
Author-X-Name-First: Benny 
Author-X-Name-Last: Carlson 
Title: The institutional ideas virus: the case of Johan &#xc5;kerman 
Abstract:
  Swedish economists have received impulses from historical or
 institutuionalist sources on many occasions. A couple of these economists,
 Gunnar Myrdal and Johan &#xc5;kerman, received obvious impulses from
 American institutionalism. This article deals with the case of
 &#xc5;kerman. 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 &#xe5;kerman studied at Harvard
 in Cambridge in 1919-20. he evetually became - alongside Myrdal - the
 leading institutional economist. 
Journal: The European Journal of the History of Economic Thought 
Pages: 71-86 
Issue: 1 
Volume: 6 
Year: 1999 
Keywords: Johan &#xc5;kerman, American institutionalism, studies abroad, spread of ideas, Harvard, business cycles, 
X-DOI: 10.1080/10427719900000126 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000126 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:1:p:71-86




Template-Type: ReDIF-Article 1.0
Author-Name: A. M. Endres 
Author-X-Name-First: A. M. 
Author-X-Name-Last: Endres 
Author-Name: G. A. Fleming 
Author-X-Name-First: G. A. 
Author-X-Name-Last: Fleming 
Title: Public investment programmes in the interwar period: the view from Geneva 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 87-109 
Issue: 1 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000127 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000127 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:1:p:87-109




Template-Type: ReDIF-Article 1.0
Author-Name: Cosimo Perrotta 
Author-X-Name-First: Cosimo 
Author-X-Name-Last: Perrotta 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 111-114 
Issue: 1 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000128 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000128 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:1:p:111-114




Template-Type: ReDIF-Article 1.0
Author-Name: Esther-Mirjam Sent 
Author-X-Name-First: Esther-Mirjam 
Author-X-Name-Last: Sent 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 114-117 
Issue: 1 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000129 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000129 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:1:p:114-117




Template-Type: ReDIF-Article 1.0
Author-Name: Birger Priddat 
Author-X-Name-First: Birger 
Author-X-Name-Last: Priddat 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 117-118 
Issue: 1 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000130 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000130 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:1:p:117-118




Template-Type: ReDIF-Article 1.0
Author-Name: Agnes Festre 
Author-X-Name-First: Agnes 
Author-X-Name-Last: Festre 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 119-122 
Issue: 1 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000131 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000131 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:1:p:119-122




Template-Type: ReDIF-Article 1.0
Author-Name: Heinrich Bortis 
Author-X-Name-First: Heinrich 
Author-X-Name-Last: Bortis 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 122-125 
Issue: 1 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000132 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000132 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:1:p:122-125




Template-Type: ReDIF-Article 1.0
Author-Name: Sabine Haring 
Author-X-Name-First: Sabine 
Author-X-Name-Last: Haring 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 125-128 
Issue: 1 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000133 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000133 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:1:p:125-128




Template-Type: ReDIF-Article 1.0
Author-Name: Giancarlo de Vivo 
Author-X-Name-First: Giancarlo 
Author-X-Name-Last: de Vivo 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 129-134 
Issue: 1 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000134 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000134 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:1:p:129-134




Template-Type: ReDIF-Article 1.0
Author-Name: Richard Sturn 
Author-X-Name-First: Richard 
Author-X-Name-Last: Sturn 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 134-137 
Issue: 1 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000135 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000135 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:1:p:134-137




Template-Type: ReDIF-Article 1.0
Author-Name: Harald Hagemann 
Author-X-Name-First: Harald 
Author-X-Name-Last: Hagemann 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 137-141 
Issue: 1 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000136 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000136 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:1:p:137-141




Template-Type: ReDIF-Article 1.0
Author-Name: Harvey Gram 
Author-X-Name-First: Harvey 
Author-X-Name-Last: Gram 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 141-144 
Issue: 1 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000137 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000137 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:1:p:141-144




Template-Type: ReDIF-Article 1.0
Author-Name: Wilfred Dolfsma 
Author-X-Name-First: Wilfred 
Author-X-Name-Last: Dolfsma 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 144-147 
Issue: 1 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000138 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000138 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:1:p:144-147




Template-Type: ReDIF-Article 1.0
Author-Name: Augusto Graziani 
Author-X-Name-First: Augusto 
Author-X-Name-Last: Graziani 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 147-150 
Issue: 1 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000139 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000139 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:1:p:147-150




Template-Type: ReDIF-Article 1.0
Author-Name: Richard Sturn 
Author-X-Name-First: Richard 
Author-X-Name-Last: Sturn 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 150-155 
Issue: 1 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000140 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000140 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:1:p:150-155




Template-Type: ReDIF-Article 1.0
Author-Name: Jurg Niehans 
Author-X-Name-First: Jurg 
Author-X-Name-Last: Niehans 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 155-157 
Issue: 1 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000141 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000141 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:1:p:155-157




Template-Type: ReDIF-Article 1.0
Author-Name: Peter Groenewegen 
Author-X-Name-First: Peter 
Author-X-Name-Last: Groenewegen 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 158-159 
Issue: 1 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000142 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000142 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:1:p:158-159




Template-Type: ReDIF-Article 1.0
Author-Name: Eltis Walter 
Author-X-Name-First: Eltis 
Author-X-Name-Last: Walter 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 159-162 
Issue: 1 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000143 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000143 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:1:p:159-162




Template-Type: ReDIF-Article 1.0
Author-Name: Christopher Berry 
Author-X-Name-First: Christopher 
Author-X-Name-Last: Berry 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 163-164 
Issue: 1 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000144 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000144 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:1:p:163-164




Template-Type: ReDIF-Article 1.0
Author-Name: Nien-He Hsieh 
Author-X-Name-First: Nien-He 
Author-X-Name-Last: Hsieh 
Title: The conspicuous absence of examination questions concerning the Great Irish Famine: political economy as science and ideology 
Abstract:
  To advance our general understanding about the development of
 nine-teenth-century Irish political economy in the wake of the Great Irish
 Famine (1846-51), this article analyses the Famine's impact on a
 previously unstudied, yet uniquely authoritative, element of the displine:
 the questions given to candidates for the Whately Professorship of
 Political Economy at Trinity College, Dublin from 1832 to 1882. This
 article concludes, contrary to previous arguments, that the Famine did not
 fundamentaly influence the discipline's development, and relates this
 conclusion to debates over whether and how political economy functioned as
 an ideology in shaping policy responses to the Famine. 
Journal: The European Journal of the History of Economic Thought 
Pages: 169-199 
Issue: 2 
Volume: 6 
Year: 1999 
Keywords: Ireland, famine, methodology, ideology, history of economic thought, 
X-DOI: 10.1080/10427719900000025 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000025 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:2:p:169-199




Template-Type: ReDIF-Article 1.0
Author-Name: Oskar Kurer 
Author-X-Name-First: Oskar 
Author-X-Name-Last: Kurer 
Title: John Stuart Mill: liberal or utilitarian? 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 200-215 
Issue: 2 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000026 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000026 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:2:p:200-215




Template-Type: ReDIF-Article 1.0
Author-Name: Ingo Barens 
Author-X-Name-First: Ingo 
Author-X-Name-Last: Barens 
Author-Name: Volker Caspari 
Author-X-Name-First: Volker 
Author-X-Name-Last: Caspari 
Title: Old views and new perspectives: on reading Hick's 'Mr. Keynes and the Classics' 
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. 
Journal: The European Journal of the History of Economic Thought 
Pages: 216-241 
Issue: 2 
Volume: 6 
Year: 1999 
Keywords: AS-AD analysis, IS-LM analysis, Keynes, Keynesian economics, Macroeconomics, 
X-DOI: 10.1080/10427719900000027 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000027 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:2:p:216-241




Template-Type: ReDIF-Article 1.0
Author-Name: Guglielmo Chiodi 
Author-X-Name-First: Guglielmo 
Author-X-Name-Last: Chiodi 
Author-Name: Leonarda Ditta 
Author-X-Name-First: Leonarda 
Author-X-Name-Last: Ditta 
Title: Hicks's Valuation of Social income: an appraisal 
Abstract:
  This paper attempts to reconstruct and assess the intellectual itinerary
 of Hicks on the valuation of social income. His 1958 and 1981 papers on
 that topic have been wholly ignored in the economic literature. In both of
 them differentmeasures of real income are provided. These show to what
 extenteach one of them can be relied upon. Our assessment argues that it
 is impossible to measure social income independentlyof the reasons for
 which that measure is required and that any valuation cannot ultimatelybe
 made independently of political and ethical considerations. 
Journal: The European Journal of the History of Economic Thought 
Pages: 242-270 
Issue: 2 
Volume: 6 
Year: 1999 
Keywords: social income, welfare, income distribution, value, aggregation, 
X-DOI: 10.1080/10427719900000028 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000028 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:2:p:242-270




Template-Type: ReDIF-Article 1.0
Author-Name: Anna Carabelli 
Author-X-Name-First: Anna 
Author-X-Name-Last: Carabelli 
Author-Name: Nicolo De Vecchi 
Author-X-Name-First: Nicolo 
Author-X-Name-Last: De Vecchi 
Title: 'Where to draw the line'? Keynes versus Hayek on Knowledge, ethics and economics 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 271-296 
Issue: 2 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000029 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000029 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:2:p:271-296




Template-Type: ReDIF-Article 1.0
Author-Name: Daniel Besomi 
Author-X-Name-First: Daniel 
Author-X-Name-Last: Besomi 
Title: Inter-war trade cycle theories in a poem by James Meade 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 297-300 
Issue: 2 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000030 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000030 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:2:p:297-300




Template-Type: ReDIF-Article 1.0
Author-Name: christian Gehrke 
Author-X-Name-First: christian 
Author-X-Name-Last: Gehrke 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 301-306 
Issue: 2 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000031 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000031 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:2:p:301-306




Template-Type: ReDIF-Article 1.0
Author-Name: Toon Van Houdt 
Author-X-Name-First: Toon 
Author-X-Name-Last: Van Houdt 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 307-310 
Issue: 2 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000032 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000032 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:2:p:307-310




Template-Type: ReDIF-Article 1.0
Author-Name: Francois Vatin 
Author-X-Name-First: Francois 
Author-X-Name-Last: Vatin 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 310-312 
Issue: 2 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000033 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000033 
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Handle: RePEc:taf:eujhet:v:6:y:1999:i:2:p:310-312




Template-Type: ReDIF-Article 1.0
Author-Name: Pier Luigi Porta 
Author-X-Name-First: Pier Luigi 
Author-X-Name-Last: Porta 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 312-314 
Issue: 2 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000034 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000034 
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Handle: RePEc:taf:eujhet:v:6:y:1999:i:2:p:312-314




Template-Type: ReDIF-Article 1.0
Author-Name: Sergio Cremaschi 
Author-X-Name-First: Sergio 
Author-X-Name-Last: Cremaschi 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 314-317 
Issue: 2 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000035 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000035 
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Handle: RePEc:taf:eujhet:v:6:y:1999:i:2:p:314-317




Template-Type: ReDIF-Article 1.0
Author-Name: Tiziano Raffaelli 
Author-X-Name-First: Tiziano 
Author-X-Name-Last: Raffaelli 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 317-319 
Issue: 2 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000036 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000036 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:6:y:1999:i:2:p:317-319




Template-Type: ReDIF-Article 1.0
Author-Name: Ian Steedman 
Author-X-Name-First: Ian 
Author-X-Name-Last: Steedman 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 319-321 
Issue: 2 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000037 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000037 
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Handle: RePEc:taf:eujhet:v:6:y:1999:i:2:p:319-321




Template-Type: ReDIF-Article 1.0
Author-Name: Paul Streeten 
Author-X-Name-First: Paul 
Author-X-Name-Last: Streeten 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 321-327 
Issue: 2 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000038 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000038 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:6:y:1999:i:2:p:321-327




Template-Type: ReDIF-Article 1.0
Author-Name: Jurgen Backhaus 
Author-X-Name-First: Jurgen 
Author-X-Name-Last: Backhaus 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 327-328 
Issue: 2 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000039 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000039 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:6:y:1999:i:2:p:327-328




Template-Type: ReDIF-Article 1.0
Author-Name: Erik Grimmer-Solem 
Author-X-Name-First: Erik 
Author-X-Name-Last: Grimmer-Solem 
Author-Name: Roberto Romani 
Author-X-Name-First: Roberto 
Author-X-Name-Last: Romani 
Title: In search of full empirical reality: historical political economy, 1870-1900 
Abstract:
  The notion of a 'Historical School' is burdened with numerous vague
 associations and overlapping uses leaving it wanting as a useful rubric of
 more specific research. To overcome this state of affairs, the article
 seeks to define and characterize the specific attributes of a historical
 political economy which arose in Europe between roughly 1870 and 1900.
 Authors from four countries are considered: Germany, Britain, France and
 Italy. We focus specifically on the relaionship and tension between
 empirical history and economic theory, thereby illustrating the resulting
 approach to policy. We contend that our characterization provides a useful
 illustration of the achievements and shortcomings of historical
 empiricism, inductivism, and pragmatism in economics. 
Journal: The European Journal of the History of Economic Thought 
Pages: 333-364 
Issue: 3 
Volume: 6 
Year: 1999 
Keywords: Historical school of economics, historical political economy, economic history, economic methodology, social reform, Schmoller, 
X-DOI: 10.1080/10427719900000071 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000071 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:6:y:1999:i:3:p:333-364




Template-Type: ReDIF-Article 1.0
Author-Name: Ephraim Kleiman 
Author-X-Name-First: Ephraim 
Author-X-Name-Last: Kleiman 
Title: From Bastiat's circumference to Knight's wheel: a newly discovered letter of Mr Sherlock Holmes to Dr Watson 
Abstract:
  This paper continues the investigation of the antecedents of the Wheel of
 Wealth, initiated by Don Patinkin as a by-product of his 1973 memoir of
 Frank Knight. A series of partly chance leads pointed to Bastiat as the
 earliest author to have employed circle or wheel diagram in an associated
 context, and one with whose writings most later users of it were
 acquainted. Although Patinkin mistakenly concluded that late-nineteenth
 century Contitental European literature completely eschewed diagrams, he
 was right in hypothesizing the wheel diagram to have originated outside
 the main stream of economic thought. 
Journal: The European Journal of the History of Economic Thought 
Pages: 365-377 
Issue: 3 
Volume: 6 
Year: 1999 
Keywords: Bastiat, Knight, wheel-of-wealth, value theory, 
X-DOI: 10.1080/10427719900000072 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000072 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:6:y:1999:i:3:p:365-377




Template-Type: ReDIF-Article 1.0
Author-Name: Hansjorg Klausinger 
Author-X-Name-First: Hansjorg 
Author-X-Name-Last: Klausinger 
Title: German Anticipations of the Keynesian Revolution?: The Case of Lautenbach, Neisser and Ropke 
Abstract:
  This paper discusses the extent to which the so-called German Keynesians,
 in particular Lautenbach, Neisser and Ro, can be credited with
 anticipating the key theoretical elements of the Keynesian revolution.
 After justifying the choice of these three economists as representatives
 of German Keynesianism the theoretical foundations of expansionist
 programmes, in particular the distinction between primary and secondary
 depression are examined. A list of crucial elements of Keynes's General
 Theory is then established, which is used in the main section for testing
 the claim of anticipations. The conclusion is that the policy
 prescriptions were based on different foundations so that with regard to
 theory such a claim is not warranted. 
Journal: The European Journal of the History of Economic Thought 
Pages: 378-403 
Issue: 3 
Volume: 6 
Year: 1999 
Keywords: Anticipations of Keynes, Lautenbach, Neisser, Ropke, secondary depression, 
X-DOI: 10.1080/10427719900000073 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000073 
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Handle: RePEc:taf:eujhet:v:6:y:1999:i:3:p:378-403




Template-Type: ReDIF-Article 1.0
Author-Name: Francisco Louca 
Author-X-Name-First: Francisco 
Author-X-Name-Last: Louca 
Title: The econometric challenge to Keynes: arguments and contradictions in the early debates about a late issue 
Abstract:
  The paper investigates the discussions between Keynesians and
 'reconcilers' about the interpretation of the 'General Theory', and the
 effect of the transformation of economics during the thirties as the
 outcome of that discussion. It highlights the contribution of some of the
 first econometriians, who argued for a new view of economics as an exact
 science based on mechanical models and mathematically defined theories,
 while supporting planning rather than the indirect steering devices
 suggested by Keynes. The inroduction of this type of mathematical models
 in the framework of Keynesian macro-policies is related to two major
 events: the Oxford meeting of the Econometric Society in which the IS-LM
 model emerged, and the Cambridge meeting dedicated to the discussion of
 Tinbergen's work on business cycles. The framework, antecedents and
 consequences of Keynes-Tinbergen debate on the role of econometrics is
 here assessed on the basis of unpublished documental evidence. Although
 most of the econometricians took sides with tinbergen against Keynes's
 scepticism on the use of formal models and simple representations in
 macroeconomics, several of them, including the more influential of the
 then young mathematically inclined economists, shared some of the basic
 elements of the critique. These discussions among Frisch, Tinbergen,
 Lange, Divisia, Roos, Marschak and others are reviewed in the paper and
 related to the evolution of the Cambridge group itself. 
Journal: The European Journal of the History of Economic Thought 
Pages: 404-438 
Issue: 3 
Volume: 6 
Year: 1999 
Keywords: Keynes, Frisch, Tinbergen, Econometrics, Economic Policy, Equilibrium, 
X-DOI: 10.1080/10427719900000074 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000074 
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Handle: RePEc:taf:eujhet:v:6:y:1999:i:3:p:404-438




Template-Type: ReDIF-Article 1.0
Author-Name: Esther-Mirjam Sent 
Author-X-Name-First: Esther-Mirjam 
Author-X-Name-Last: Sent 
Title: The randomness of rational expectations: a perspective on Sargent's early incentives 
Abstract:
  This paper searches for the story Thomas Sargent is likely to have told
 when he was trying to use rational expectations economics in the
 late-1960s and early 1970s. An argument will be made for his interest in
 achieving what he would regard as conceptual integrity of the determinism
 in neoclassical economic theory and the randomness in econometrics. This
 involves providing a narrative of how he came to the idea of rational
 expectations and what he had to relinquish to be able to put his initial
 interpretation of the concept to use. 
Journal: The European Journal of the History of Economic Thought 
Pages: 439-471 
Issue: 3 
Volume: 6 
Year: 1999 
Keywords: Thomas Sargent, rational expectations economics, le stable distributions, randomness, determinism, 
X-DOI: 10.1080/10427719900000075 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000075 
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Handle: RePEc:taf:eujhet:v:6:y:1999:i:3:p:439-471




Template-Type: ReDIF-Article 1.0
Author-Name: Marco Dardi 
Author-X-Name-First: Marco 
Author-X-Name-Last: Dardi 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 473-476 
Issue: 3 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000076 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000076 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:6:y:1999:i:3:p:473-476




Template-Type: ReDIF-Article 1.0
Author-Name: Bruna Ingrao 
Author-X-Name-First: Bruna 
Author-X-Name-Last: Ingrao 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 476-479 
Issue: 3 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000077 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000077 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:6:y:1999:i:3:p:476-479




Template-Type: ReDIF-Article 1.0
Author-Name: Helge Peukert 
Author-X-Name-First: Helge 
Author-X-Name-Last: Peukert 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 479-481 
Issue: 3 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000078 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000078 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:6:y:1999:i:3:p:479-481




Template-Type: ReDIF-Article 1.0
Author-Name: Robert Hebert 
Author-X-Name-First: Robert 
Author-X-Name-Last: Hebert 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 481-484 
Issue: 3 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000079 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000079 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:6:y:1999:i:3:p:481-484




Template-Type: ReDIF-Article 1.0
Author-Name: Karl Hauser 
Author-X-Name-First: Karl 
Author-X-Name-Last: Hauser 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 484-487 
Issue: 3 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000080 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000080 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:6:y:1999:i:3:p:484-487




Template-Type: ReDIF-Article 1.0
Author-Name: Thomas Moser 
Author-X-Name-First: Thomas 
Author-X-Name-Last: Moser 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 488-490 
Issue: 3 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000081 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000081 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:3:p:488-490




Template-Type: ReDIF-Article 1.0
Author-Name: Joorg Bibow 
Author-X-Name-First: Joorg 
Author-X-Name-Last: Bibow 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 491-495 
Issue: 3 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000082 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000082 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:6:y:1999:i:3:p:491-495




Template-Type: ReDIF-Article 1.0
Author-Name: Frank Hahn 
Author-X-Name-First: Frank 
Author-X-Name-Last: Hahn 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 495-497 
Issue: 3 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000083 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000083 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:6:y:1999:i:3:p:495-497




Template-Type: ReDIF-Article 1.0
Author-Name: Monika Streissler 
Author-X-Name-First: Monika 
Author-X-Name-Last: Streissler 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 497-501 
Issue: 3 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000084 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000084 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:3:p:497-501




Template-Type: ReDIF-Article 1.0
Author-Name: Helge Peukert 
Author-X-Name-First: Helge 
Author-X-Name-Last: Peukert 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 501-503 
Issue: 3 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000086 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000086 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:6:y:1999:i:3:p:501-503




Template-Type: ReDIF-Article 1.0
Author-Name: Walter Eltis 
Author-X-Name-First: Walter 
Author-X-Name-Last: Eltis 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 503-505 
Issue: 3 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000087 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000087 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:3:p:503-505




Template-Type: ReDIF-Article 1.0
Author-Name: Jurg Niehans 
Author-X-Name-First: Jurg 
Author-X-Name-Last: Niehans 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 506-509 
Issue: 3 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000088 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000088 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:3:p:506-509




Template-Type: ReDIF-Article 1.0
Author-Name: Joao Ricardo Faria 
Author-X-Name-First: Joao Ricardo 
Author-X-Name-Last: Faria 
Title: The readmission of the Jews to England: the Mercantilist view 
Abstract:
  This paper studies the controversy around the readmission of the Jews to
 England in 1655-6. Only the economic argumens are considered. They are
 constrasted with the mercantilist model of Breams (1986). It is shown that
 some of the arguments in favour and against the readmission are according
 to the mercantilist doctrines, and others are not. More importantly, the
 study of the controversy highlights new topics that extend the
 mercantilist model. 
Journal: The European Journal of the History of Economic Thought 
Pages: 513-522 
Issue: 4 
Volume: 6 
Year: 1999 
Keywords: mercantilism, England, Jews, 
X-DOI: 10.1080/10427719900000041 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000041 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:4:p:513-522




Template-Type: ReDIF-Article 1.0
Author-Name: Samuel Hollander 
Author-X-Name-First: Samuel 
Author-X-Name-Last: Hollander 
Title: Jeremy Bentham and Adam Smith on the usury laws: a 'Smithian' reply to Bentham and a new problem 
Abstract:
  Adam Smith justified the contemporary usury laws and was severely
 criticised by Bentham and most modern writers with the important exception
 of J.M. Keynes. We argue that pace Bentham, Smith did not intend to
 preclude loan financing of all 'risky' ventures and give a 'monopoly' to
 safe investments and did not neglect the potential emergence of black
 credit markets. Yet Smith ought to have modified his position
 independently of Bentham's criticism, considering a marked rise in the
 rate at which governments borrowed in the late 1770s. 
Journal: The European Journal of the History of Economic Thought 
Pages: 523-551 
Issue: 4 
Volume: 6 
Year: 1999 
Keywords: usury laws, Adam Smith, Jeremy Bentham, classical economics, entrepreneurship, risk, 
X-DOI: 10.1080/10427719900000042 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000042 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:4:p:523-551




Template-Type: ReDIF-Article 1.0
Author-Name: Mark Greer 
Author-X-Name-First: Mark 
Author-X-Name-Last: Greer 
Title: Individuality and the economic order in Hegel's Philosophy of Right 
Abstract:
  This paper examines Hegel's perspective on the market economy, paying
 particular attention to how the market fits into his conception of
 freedom. Hegel's doctrine of freedom implies that market relations realize
 a distinctive form of freedom; however, due to the ontological
 deficiencies of this freedom, it must be subsumed under a superior freedom
 that is realized only within the state. The paper also explains why Hegel,
 although an economic liberal, does not accept the basic tenets of
 political liberalism, and why he does not regard economic science as a
 tool for public policy. 
Journal: The European Journal of the History of Economic Thought 
Pages: 552-580 
Issue: 4 
Volume: 6 
Year: 1999 
Keywords: civil society, classical economics, ethics, Hegel, political economy, 
X-DOI: 10.1080/10427719900000043 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000043 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:4:p:552-580




Template-Type: ReDIF-Article 1.0
Author-Name: John Cunliffe 
Author-X-Name-First: John 
Author-X-Name-Last: Cunliffe 
Author-Name: Guido Erreygers 
Author-X-Name-First: Guido 
Author-X-Name-Last: Erreygers 
Title: Moral philosophy and economics: the formation of Francois Huet's doctrine of property rights 
Abstract:
  Francois Huet (1814-1869), Professor of Philosophy at the University of
 Ghent, is known for his attempt to reconcile Christianity with socialism
 in Le Regne Social du Christianisme (1853). The book clearly belongs to a
 distinctively Belgian tradition of 'liberal socialism'. Drawing upon
 archival material, we try to clarify the origins of Huet's theory of
 property rights. We focus on two intimately related questions: (1) Have
 the core ideas formulated by Huet in Le Regne been expressed and discussed
 before the publication of the book? (2) In what sense have reflections
 upon the science of economics contributed to Huet's views? 
Journal: The European Journal of the History of Economic Thought 
Pages: 581-605 
Issue: 4 
Volume: 6 
Year: 1999 
Keywords: liberal socialism, property rights, inheritance, Christian socialism, XIXth century, 
X-DOI: 10.1080/10427719900000044 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000044 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:6:y:1999:i:4:p:581-605




Template-Type: ReDIF-Article 1.0
Author-Name: Barbara Ingham 
Author-X-Name-First: Barbara 
Author-X-Name-Last: Ingham 
Title: Human behaviour in development economics 
Abstract:
  The focus of the paper is human behaviour in long-run change as
 examplified in the writings of the 'pioneer' development economists,
 Lewis, Hirschman and Myrdal. Lewis is credited with recognizing the
 importance of human behaviour, though unable to resolve the limitations of
 neoclassical thinking. Hirschman and Myrdal, characterized as holistic and
 evolutionary in approach, are argued to be more successful in integrating
 human behaviour into theories of long-run change. 
Journal: The European Journal of the History of Economic Thought 
Pages: 606-623 
Issue: 4 
Volume: 6 
Year: 1999 
Keywords: behaviour, history, culture, institutions, holism, 
X-DOI: 10.1080/10427719900000045 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000045 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:6:y:1999:i:4:p:606-623




Template-Type: ReDIF-Article 1.0
Author-Name: Peter Newman 
Author-X-Name-First: Peter 
Author-X-Name-Last: Newman 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 625-627 
Issue: 4 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000046 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000046 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:6:y:1999:i:4:p:625-627




Template-Type: ReDIF-Article 1.0
Author-Name: Heinz Kurz 
Author-X-Name-First: Heinz 
Author-X-Name-Last: Kurz 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 628-630 
Issue: 4 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000047 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000047 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:6:y:1999:i:4:p:628-630




Template-Type: ReDIF-Article 1.0
Author-Name: Peter Rosner 
Author-X-Name-First: Peter 
Author-X-Name-Last: Rosner 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 630-633 
Issue: 4 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000048 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000048 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:6:y:1999:i:4:p:630-633




Template-Type: ReDIF-Article 1.0
Author-Name: Jurg Niehans 
Author-X-Name-First: Jurg 
Author-X-Name-Last: Niehans 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 634-636 
Issue: 4 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000049 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000049 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:6:y:1999:i:4:p:634-636




Template-Type: ReDIF-Article 1.0
Author-Name: Israel Kirzner 
Author-X-Name-First: Israel 
Author-X-Name-Last: Kirzner 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 636-639 
Issue: 4 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000050 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000050 
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Handle: RePEc:taf:eujhet:v:6:y:1999:i:4:p:636-639




Template-Type: ReDIF-Article 1.0
Author-Name: Riccardo Realfonzo 
Author-X-Name-First: Riccardo 
Author-X-Name-Last: Realfonzo 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 639-641 
Issue: 4 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000051 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000051 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:6:y:1999:i:4:p:639-641




Template-Type: ReDIF-Article 1.0
Author-Name: Ross Emmett 
Author-X-Name-First: Ross 
Author-X-Name-Last: Emmett 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 642-643 
Issue: 4 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000052 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000052 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:6:y:1999:i:4:p:642-643




Template-Type: ReDIF-Article 1.0
Author-Name: Sergio Cremaschi 
Author-X-Name-First: Sergio 
Author-X-Name-Last: Cremaschi 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 644-645 
Issue: 4 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000053 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000053 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:6:y:1999:i:4:p:644-645




Template-Type: ReDIF-Article 1.0
Author-Name: Bertram Schefold 
Author-X-Name-First: Bertram 
Author-X-Name-Last: Schefold 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 645-648 
Issue: 4 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000054 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000054 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:6:y:1999:i:4:p:645-648




Template-Type: ReDIF-Article 1.0
Author-Name: Mark Blaug 
Author-X-Name-First: Mark 
Author-X-Name-Last: Blaug 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 648-650 
Issue: 4 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000055 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000055 
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Handle: RePEc:taf:eujhet:v:6:y:1999:i:4:p:648-650




Template-Type: ReDIF-Article 1.0
Author-Name: Peter Groenewegen 
Author-X-Name-First: Peter 
Author-X-Name-Last: Groenewegen 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 650-652 
Issue: 4 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000056 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000056 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:6:y:1999:i:4:p:650-652




Template-Type: ReDIF-Article 1.0
Author-Name: Sergo Cremaschi 
Author-X-Name-First: Sergo 
Author-X-Name-Last: Cremaschi 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 652-654 
Issue: 4 
Volume: 6 
Year: 1999 
X-DOI: 10.1080/10427719900000057 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/10427719900000057 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:6:y:1999:i:4:p:652-654




Template-Type: ReDIF-Article 1.0
Author-Name: Loic Charles 
Author-X-Name-First: Loic 
Author-X-Name-Last: Charles 
Title: From the Encyclopedie to the Tableau economique : Quesnay on freedom of grain trade and economic growth 
Abstract:
  This paper investigates the evolution of Quesnay's economic thought
 between his Encyclopedie articles and the first edition of the Tableau
 economique. The rediscovery of a forgotten piece Quesnay included in an
 agricultural treatise &#x2014; the Essai sur l'amelioration des terres
 &#x2014; leads us to reconsider the origins of the first edition of the
 Tableau. This forgotten piece of writing is the missing link between
 Quesnay's first economic writings and the Tableau. It improves on the
 theory of grain trade liberalization Quesnay presented in his first
 writings on two levels. First, it reconstructs of his previous argument in
 order to give it a more coherent shape. Second, this text complements the
 Encyclopedie articles by a growth mechanism. Through a reconstruction of
 Quesnay's growth mechanism, we show that his argument is a significant
 analytical step toward the first edition of the Tableau. 
Journal: The European Journal of the History of Economic Thought 
Pages: 1-21 
Issue: 1 
Volume: 7 
Year: 2000 
Keywords: Francois Quesnay Grain Trade Tableau Economique Growth Theory Physiocracy Free Trade, 
X-DOI: 10.1080/096725600361834 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/096725600361834 
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Handle: RePEc:taf:eujhet:v:7:y:2000:i:1:p:1-21




Template-Type: ReDIF-Article 1.0
Author-Name: Rudi Verburg 
Author-X-Name-First: Rudi 
Author-X-Name-Last: Verburg 
Title: Adam Smith's growing concern on the issue of distributive justice 
Abstract:
  According to the accepted view, Smith carved out distributive justice
 from his concept of justice and argued that distributive justice would
 follow in the wake of natural liberty. In recent contributions, however,
 it is emphasized that a system of natural liberty will only generate
 beneficent distributional outcomes if the rules of commutative justice
 safeguard natural liberty and mirror community standards of justice. In
 this paper it is argued that Smith increasingly came to question whether
 commercial society could meet this requirement. Given their subservience
 to sectional interests, rules of justice neither safeguard natural liberty
 nor conform to community standards. Moreover, the inherent strain in
 commercial society to corrupt man's moral sentiments erodes community
 standards of justice. In the development of Smith's views his growing
 concern for distributive justice is reflected. 
Journal: The European Journal of the History of Economic Thought 
Pages: 23-44 
Issue: 1 
Volume: 7 
Year: 2000 
Keywords: Commutative Justice Distributive Justice Natural Liberty Community Standards Of Propriety And Justice, 
X-DOI: 10.1080/096725600361843 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/096725600361843 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:7:y:2000:i:1:p:23-44




Template-Type: ReDIF-Article 1.0
Author-Name: Andr Lapidus 
Author-X-Name-First: Andr 
Author-X-Name-Last: Lapidus 
Author-Name: Nathalie Sigot 
Author-X-Name-First: Nathalie 
Author-X-Name-Last: Sigot 
Title: Individual utility in a context of asymmetric sensitivity to pleasure and pain: an interpretation of Bentham's felicific calculus 
Abstract:
  This paper aims at exploring, in a formal way, Bentham's statement that
 'the pleasure of gaining is not equal to the evil of losing', which
 belongs to those aspects of the principle of utility left aside by Jevons'
 reconstruction. Consequently, the agent's preference order will be viewed
 as depending on his initial situation, and on asymmetric sensitivity to
 gains and losses, relative to this situation. This leads 1) to discuss the
 coexistence of multiple preference orders, illustrated by Bentham's
 analysis of the optimal labour contract; and 2) to introduce true
 deliberation as a consequence of the gap between positive choice and rival
 assessments of utility. 
Journal: The European Journal of the History of Economic Thought 
Pages: 45-78 
Issue: 1 
Volume: 7 
Year: 2000 
Keywords: Bentham Endogeneous Preferences Individual Utility Pain And Pleasure Preference Reversal Utilitarianism, 
X-DOI: 10.1080/096725600361852 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/096725600361852 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:7:y:2000:i:1:p:45-78




Template-Type: ReDIF-Article 1.0
Author-Name: Nerio Naldi 
Author-X-Name-First: Nerio 
Author-X-Name-Last: Naldi 
Title: The friendship between Piero Sraffa and Antonio Gramsci in the years 1919-1927 
Abstract:
  This paper is part of a research on Piero Sraffa's biography and studies
 the relationship between Piero Sraffa and the Italian Communist leader and
 political theoretician Antonio Gramsci during the years 1919-1927. This
 period extends from the beginning of their friendship to the first year of
 Gramsci's imprisonment (he was arrested in November 1926), which was also
 the year of Sraffa's departure for England, where he settled as a lecturer
 at the University of Cambridge. 
Journal: The European Journal of the History of Economic Thought 
Pages: 79-114 
Issue: 1 
Volume: 7 
Year: 2000 
Keywords: Sraffa Gramsci Biography Fascism Anti-FASCISM, 
X-DOI: 10.1080/096725600361861 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/096725600361861 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:7:y:2000:i:1:p:79-114




Template-Type: ReDIF-Article 1.0
Author-Name: Vincent Barnett 
Author-X-Name-First: Vincent 
Author-X-Name-Last: Barnett 
Title: Tugan-Baranovskii's vision of an international socialist economy 
Abstract:
  This article examines a hitherto neglected book published in 1918 by M.
 I. Tugan-Baranovskii, which is devoted to outlining his vision of an
 international socialist economy. It focuses on Tugan's approach to
 economic planning, money and prices in socialism, and the new
 international economic order. It is shown that Tugan attempted to
 assimilate marginalism into his vision of planning, and was more flexible
 than the Bolsheviks in adapting socialist economics to the task at hand.
 The reception of Tugan's approach is also briefly sketched, as is the
 context of the socialist calculation debate. 
Journal: The European Journal of the History of Economic Thought 
Pages: 115-135 
Issue: 1 
Volume: 7 
Year: 2000 
Keywords: Socialism Marginalism Planning Paper Money International Economics, 
X-DOI: 10.1080/096725600361870 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/096725600361870 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:7:y:2000:i:1:p:115-135




Template-Type: ReDIF-Article 1.0
Author-Name: Kenneth Arrow 
Author-X-Name-First: Kenneth 
Author-X-Name-Last: Arrow 
Title: Increasing returns: historiographic issues and path dependence 
Abstract:
  Writing a history of the analysis of increasing returns in economics is
 qualitatively different from the usual cumulative history of knowledge, as
 exemplified by the history of perfectly competitive analysis. The history
 of increasing returns is much less continuous. The reason for this
 irregular history lies, in my view, in the analytic nature of the subject.
 I concentrate on the recent history of the implications of increasing
 returns for path dependence in economic development. Foreshadowed by
 Veblen (1915) the topic was made explicit by Paul David in some
 theoretical analyses of topics in economic history (1971, 1975) and then
 by subsequent papers by David and by Brian Arthur in the 1980s.
 Contemporaneously, Farrell, Katz, Saloner, and Shapiro came to parallel
 conclusions in a very specific industrial organization context marked by
 network externalities. 
Journal: The European Journal of the History of Economic Thought 
Pages: 171-180 
Issue: 2 
Volume: 7 
Year: 2000 
Keywords: Increasing Returns Path Dependence Cumulation Of Knowledge, 
X-DOI: 10.1080/713765179 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/713765179 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:7:y:2000:i:2:p:171-180




Template-Type: ReDIF-Article 1.0
Author-Name: Richard Van Den Berg 
Author-X-Name-First: Richard Van Den 
Author-X-Name-Last: Berg 
Title: Differential rent in the 1760s: two neglected French contributions 
Abstract:
  Possibly the earliest contribution to the theory of differential rent is
 contained in C.-F.-J. d'Auxiron's Principes de tout gouvernement (1766).
 Two years later, in 1768, another discussion of the phenomenon of
 extensive differential rent appeared in the physiocratic periodical
 Ephemerides du citoyen, probably written by J.-N.-M. de Saint-Peravy. This
 article, while remaining a short and isolated contribution, indicates how
 differential payments for the use of land can be incorporated within a
 value theory in which normal prices reflect necessary costs of production
 and how differential rent can be reconciled with the explanation of rent
 as a return on capital. 
Journal: The European Journal of the History of Economic Thought 
Pages: 181-207 
Issue: 2 
Volume: 7 
Year: 2000 
Keywords: Rent Theory Differential Rent Auxiron Saint-PERAVY Physiocrats Ephemerides Du Citoyen, 
X-DOI: 10.1080/096725600361771 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/096725600361771 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:7:y:2000:i:2:p:181-207




Template-Type: ReDIF-Article 1.0
Author-Name: Takashi Uchiyama 
Author-X-Name-First: Takashi 
Author-X-Name-Last: Uchiyama 
Title: Ricardo on machinery: a dynamic analysis 
Abstract:
  I construct a dynamic two-sector model which formalizes Ricardo's
 argument on the effects of the introduction of machinery. My model does
 not require the inappropriate assumptions common to other Ricardian
 models. Using this model, I show that if machinery is introduced, both the
 demand for labour and the output of the consumption good must decline
 temporarily and can then recover. As well, the temporal decline of value
 of the gross produce is not a necessary condition for the above temporal
 decline of the demand for labour. 
Journal: The European Journal of the History of Economic Thought 
Pages: 208-227 
Issue: 2 
Volume: 7 
Year: 2000 
Keywords: Machinery Question Ricardo Unemployment, 
X-DOI: 10.1080/096725600361780 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/096725600361780 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:7:y:2000:i:2:p:208-227




Template-Type: ReDIF-Article 1.0
Author-Name: David Andrews 
Author-X-Name-First: David 
Author-X-Name-Last: Andrews 
Title: Keynes, Ricardo and the classical theory of interest 
Abstract:
  Keynes made harsh and repeated attacks on the work of Ricardo, blaming
 him particulary for what Keynes called the 'classical theory' of interest.
 Garegnani and others argue that Keynes' criticisms of the classical theory
 of interest apply to later neoclassical writers, but not to Ricardo. This
 paper re-examines Keynes' criticisms. It argues that Keynes attacked
 Ricardoapos;s theory of interest despite his awareness that Ricardo did
 not hold the 'classical theory'. Moreover, Keynes not only expressed
 sympathy for Ricardo's understanding of interest, but his criticisms which
 do apply to Ricardo do not address Ricardo's theory of interest. 
Journal: The European Journal of the History of Economic Thought 
Pages: 228-244 
Issue: 2 
Volume: 7 
Year: 2000 
Keywords: Keynes Ricardo Interest Classical Theory Money, 
X-DOI: 10.1080/096725600361799 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/096725600361799 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:7:y:2000:i:2:p:228-244




Template-Type: ReDIF-Article 1.0
Author-Name: Michel De Vroey 
Author-X-Name-First: Michel 
Author-X-Name-Last: De Vroey 
Title: Marshall on equilibrium and time: a reconstruction 
Abstract:
  This paper's aim is to offer a reconstruction of the Marshallian
 conception of equilibrium and time. Its main features are as follows.
 First, I argue that the hallmark of this conception is to posit an
 interrelationship between two equilibrium concepts &#x2014; market-day and
 normal equilibrium. I claim that they are part and parcel and cannot be
 analysed separately. Second, my reconstruction gives a central role to the
 market period. Third, I argue that the so-called short and long-period
 equilibrium concepts refer to the same unique concept of normal
 equilibrium. Fourth, I argue that Marshall's value theory admits the
 effective existence of disequilibrium states. A Marshallian disequilibrium
 refers to cases where market-day and normal values fail to coincide, this
 state of affairs going along, however, with market clearing. I also
 propose an alternative interpretation of Marshall's corn model wherein
 perfect information is considered the linchpin of achieving equilibrium.
 Finally, I argue that my reconstruction avoids a series of interpretative
 pitfalls. 
Journal: The European Journal of the History of Economic Thought 
Pages: 245-269 
Issue: 2 
Volume: 7 
Year: 2000 
Keywords: Marshall Equilibrium Short And Long Period, 
X-DOI: 10.1080/096725600361807 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/096725600361807 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:7:y:2000:i:2:p:245-269




Template-Type: ReDIF-Article 1.0
Author-Name: Mark Blaug 
Author-X-Name-First: Mark 
Author-X-Name-Last: Blaug 
Title: Henry George: rebel with a cause 
Abstract:
  Henry George's Progress and Poverty (1879) was undoubtedly the most
 widely read book on economics in the nineteenth century. Its proposal for
 a 'single tax' on land rents inspired both socialists and liberal
 reformers in the closing decades of the nineteenth century but it was
 attacked and condemned by virtually all the leading economists of the day,
 principally on the ground that it was not possible even in principle to
 separate pure ground rent from profits on capital invested in land. The
 question whether land is a special factor of production, essentially
 different from labour and capital, turns out to be at the very heart of
 all the controversies surrounding the doctrines of Georgism; my view, like
 that of Marshall, is that land is indeed a unique factor of production. 
Journal: The European Journal of the History of Economic Thought 
Pages: 270-288 
Issue: 2 
Volume: 7 
Year: 2000 
Keywords: Ground Rent Site Value Taxation Single Tax Unearned Increment, 
X-DOI: 10.1080/096725600361816 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/096725600361816 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:7:y:2000:i:2:p:270-288




Template-Type: ReDIF-Article 1.0
Author-Name: Mark Donoghue 
Author-X-Name-First: Mark 
Author-X-Name-Last: Donoghue 
Title: Some unpublished correspondence of William Thomas Thornton, 1866-1872 
Abstract:
  This collection of letters conveniently assembles all of the unpublished
 correspondence of W. T. Thornton to J. S. Mill and J. E. Cairnes. Although
 this cache of letters is by no means large, it is nonetheless significant.
 First, Thornton's letters to Mill and Cairnes provide material for a
 reassessment of his relationship with both men. Second, it is apparent
 from these letters that Thornton's intellectual preoccupations ranged
 widely. Hence, they constitute the best supplement presently available to
 Thornton's published writings on political economy and philosophy. Third,
 the letters are an important 'literary' source in recovering aspects of
 Thornton's illustrious company career at East India House (1836-1880). In
 this context, they form an invaluable companion to his published writings
 on India. They may even afford some clues about the role he played in the
 formation of policy in India in the period after the 1857 mutiny. In
 short, they cast important light on the social, moral and intellectual
 milieu in which he lived and worked. 
Journal: The European Journal of the History of Economic Thought 
Pages: 321-349 
Issue: 3 
Volume: 7 
Year: 2000 
Keywords: William Thomas Thornton John Stuart Mill Elliot Cairnes Classical Economics East India Company Trade Unions, 
X-DOI: 10.1080/09672560050192080 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560050192080 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:7:y:2000:i:3:p:321-349




Template-Type: ReDIF-Article 1.0
Author-Name: Philippe Bazard 
Author-X-Name-First: Philippe 
Author-X-Name-Last: Bazard 
Title: Sidgwick and Edgeworth on indeterminacy in the labour market 
Abstract:
  Commentators have underlined Sidgwick's influence on Edgeworth's thinking
 and more particularly on New and Old Methods of Ethics (1877). But have
 failed to notice that Sidgwick remained a major reference in Mathematical
 Psychics (1881). Therefore, the purpose of this paper is to show that, in
 this book, Edgeworth wanted to refine upon the problem of wages addressed
 by Sidgwick in 1879. The thesis of the paper is that Sidgwick and
 Edgeworth's disagreement as to the role of open competition in the
 resolution of indeterminacy in the labour market stems from two different
 notions of competition. This latter can be seen as a differentiation
 process, as in Sidgwick's, or as a replication mechanism, as in
 Edgeworth's. 
Journal: The European Journal of the History of Economic Thought 
Pages: 350-362 
Issue: 3 
Volume: 7 
Year: 2000 
Keywords: Sidgwick Edgeworth Indeterminacy Competition Labour Market, 
X-DOI: 10.1080/09672560050192099 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560050192099 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:7:y:2000:i:3:p:350-362




Template-Type: ReDIF-Article 1.0
Author-Name: Alan Martina 
Author-X-Name-First: Alan 
Author-X-Name-Last: Martina 
Title: Antonelli's analytical techniques: their exploitation to derive results in duality theory 
Abstract:
  Antonelli, over a hundred years ago, pioneered techniques of economic
 analysis which still can be usefully employed to provide apparently new
 insights in duality theory. This assertion is demonstrated through the
 applications of these techniques to derive specific results in duality
 theory. These applications allow an apparently new derivation of the
 equality between the partial derivative of the expenditure function, with
 respect to the price of some good, and the compensated level of demand for
 this good. In addition, use of Antonelli's analytical techniques reveals
 links between certain results in duality theory that, apparently, have not
 been noticed before in the relevant literature. 
Journal: The European Journal of the History of Economic Thought 
Pages: 363-376 
Issue: 3 
Volume: 7 
Year: 2000 
Keywords: Antonelli Duality Roy'S Identity Expenditure Function, 
X-DOI: 10.1080/09672560050192107 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560050192107 
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Handle: RePEc:taf:eujhet:v:7:y:2000:i:3:p:363-376




Template-Type: ReDIF-Article 1.0
Author-Name: John Finch 
Author-X-Name-First: John 
Author-X-Name-Last: Finch 
Title: Is post-Marshallian economics an evolutionary research tradition? 
Abstract:
  From the late 1940s to the early 1970s Andrews, Downie, Penrose and
 Richardson contributed to reassessments of Marshall's explanation of
 industrial organization. Each author emphasizes a particular aspect of
 industrial organization &#x2014; internal and external organization,
 innovation, and cross-entry &#x2014; and each elaborates Marshall's much
 discussed notion of evolutionary principles. Marshall sought coordination
 of developing knowledge and feared atrophy through concentration, drawing
 evidence from empirical studies of firms succeeding one another. The
 post-Marshallians undertook research in an age of larger joint stock
 companies, and drew conclusions, varying from optimistic to pessimistic,
 concerning the role of competition in shaping economic development. 
Journal: The European Journal of the History of Economic Thought 
Pages: 377-406 
Issue: 3 
Volume: 7 
Year: 2000 
Keywords: Marshall Post-MARSHALLIAN Economics Evolution Internal External Research Tradition, 
X-DOI: 10.1080/09672560050192116 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560050192116 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:7:y:2000:i:3:p:377-406




Template-Type: ReDIF-Article 1.0
Author-Name: Philippe Fontaine 
Author-X-Name-First: Philippe 
Author-X-Name-Last: Fontaine 
Title: Making use of the past: theorists and historians on the economics of altruism 
Abstract:
  While deriving their explanation of positive utility interdependence from
 Edgeworth's presupposition that concern for others' welfare varies with
 the 'social distance' between individuals, economic theorists have
 overlooked both Smith's idea that sympathy can also develop on the basis
 of empathy and Wicksteed's idea that sympathy and altruism operate on
 different levels of analysis. In retrieving past ideas that have not been
 followed up in the modern theories of altruism, historians of economics
 should be able not only to shed some light on the main stages in its
 development but also to show that its achievements cannot be assessed
 independently of its limits. 
Journal: The European Journal of the History of Economic Thought 
Pages: 407-422 
Issue: 3 
Volume: 7 
Year: 2000 
Keywords: Altruism Empathy Sympathy Smith Edgeworth Wicksteed, 
X-DOI: 10.1080/09672560050192125 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560050192125 
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Handle: RePEc:taf:eujhet:v:7:y:2000:i:3:p:407-422




Template-Type: ReDIF-Article 1.0
Author-Name: Donald Winch 
Author-X-Name-First: Donald 
Author-X-Name-Last: Winch 
Title: Does progress matter? 
Abstract:
  This paper, presented as an addresss to the Annual Conference of the
 European Society for the History of Economic Thought, argues that writing
 history may be more interesting if progress is not made the leitmotif.
 Starting from an examination of early causal accounts of the history of
 political economy, written in the ninteenth century by Marx, Toynbee,
 Ingram and Leslie, a plea is made for narratives rather than explanations.
 Consistent with the former historians of economic thought this may be
 perceived as eavesdropping on conversations of the past. To understand the
 richness of these conversations they need to perceive their work not just
 as a sub-discipline of economics but in a wider interdisciplinary setting. 
Journal: The European Journal of the History of Economic Thought 
Pages: 465-484 
Issue: 4 
Volume: 7 
Year: 2000 
Keywords: Progress Historiography Meta-HISTORY, 
X-DOI: 10.1080/09672560050210070 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560050210070 
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Handle: RePEc:taf:eujhet:v:7:y:2000:i:4:p:465-484




Template-Type: ReDIF-Article 1.0
Author-Name: Christian Gehrke 
Author-X-Name-First: Christian 
Author-X-Name-Last: Gehrke 
Title: Tozer on machinery 
Abstract:
  This paper examines John Edward Tozer's mathematical treatment of the
 classical approach to the machinery problem and his discussion of some
 arithmetical examples that had been presented by Barton, Sismondi,
 McCulloch and Ricardo. It is shown that Tozer (1) made a genuine
 contribution to the contemporary debates on the machinery issue, (2)
 anticipated modern formulations of the problem of the choice of technique,
 and (3) revealed a puzzling inconsistency in Ricardo's argument in the
 famous chapter 'On Machinery'. 
Journal: The European Journal of the History of Economic Thought 
Pages: 485-506 
Issue: 4 
Volume: 7 
Year: 2000 
Keywords: Classical Economics David Ricardo Fixed Capital Machinery, 
X-DOI: 10.1080/09672560050210089 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560050210089 
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Handle: RePEc:taf:eujhet:v:7:y:2000:i:4:p:485-506




Template-Type: ReDIF-Article 1.0
Author-Name: Heino Heinrich Nau 
Author-X-Name-First: Heino Heinrich 
Author-X-Name-Last: Nau 
Title: Gustav Schmoller's Historico-Ethical Political Economy : ethics, politics and economics in the younger German Historical School, 1860-1917 
Abstract:
  Gustav Schmoller, the head of the younger Historical School of political
 economy in Imperial Germany, was characterized as the man who had brought
 about the 'decisive turn' towards Sozialpolitik and had given it a
 scientific basis. His holistic understanding of political economy became a
 tradition among German administrative bureaucracy. His economic doctorine
 must have been seen in the context of a comprehensive social theory
 linking an idealist statism with an ethical evolutionism against the
 background of an historicist world view. The paper critically discusses
 how Schmoller wanted to force these competing streams of thought and their
 influences among his contemporaries into a developmental model that would
 harmonize the radical social changes of his day. 
Journal: The European Journal of the History of Economic Thought 
Pages: 507-531 
Issue: 4 
Volume: 7 
Year: 2000 
Keywords: Gustav Schmoller Historical School Social Reform Moral Economy Institutional Economics, 
X-DOI: 10.1080/09672560050210098 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560050210098 
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Handle: RePEc:taf:eujhet:v:7:y:2000:i:4:p:507-531




Template-Type: ReDIF-Article 1.0
Author-Name: Jorg Bibow 
Author-X-Name-First: Jorg 
Author-X-Name-Last: Bibow 
Title: On exogenous money and bank behaviour: the Pandora's box kept shut in Keynes' theory of liquidity preference? 
Abstract:
  This essay examines Keynes' views on banking behaviour and the
 relationships between central banks and banks as they evolved from his
 Tract on Monetary Reform to The General Theory. The objective is to
 clarify in what sense money may be exogenous in his final work. We
 identify a distinctly Keynesian position on the money-supply process,
 featuring money exogeneity due to bank behaviour. Our findings run counter
 to both neoclassical synthesis view on exogenous money cum passive banks
 as well as the post Keynesian challenge of endogenous money cum passive
 banks. 
Journal: The European Journal of the History of Economic Thought 
Pages: 532-568 
Issue: 4 
Volume: 7 
Year: 2000 
Keywords: Keynes Exogenous/ENDOGENOUS Money Bank Behaviour Liquidity Preference Rate Of Interest, 
X-DOI: 10.1080/09672560050210106 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560050210106 
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Handle: RePEc:taf:eujhet:v:7:y:2000:i:4:p:532-568




Template-Type: ReDIF-Article 1.0
Author-Name: Rodolfo Signorino 
Author-X-Name-First: Rodolfo 
Author-X-Name-Last: Signorino 
Title: Method and analysis in Piero Sraffa's 1925 critique of Marshallian economics 
Abstract:
  This paper provides an analysis of the logical structure and analytical
 content of Piero Sraffa's 1925 Italian paper, 'Sulle relazioni fra costo e
 quantita prodotta'. It shows that Sraffa's criticism of the supply side of
 Marshall's theory of value in a competitive partial equilibrium model
 involves analytical and methodological issues. Endorsing an agressive
 methodology Sraffa logically reconstructs Marshall's model on variable
 returns to determine its empirical domain. He demonstrates that the latter
 encompasses only the empirically irrelevant cases of specific factor
 industries and specific external economies industries and that it cannot
 be generalized to non-specific factor industries and to non-specific
 external economies industries. 
Journal: The European Journal of the History of Economic Thought 
Pages: 569-594 
Issue: 4 
Volume: 7 
Year: 2000 
Keywords: Sraffa Marshall Perfect Competition Variable Returns, 
X-DOI: 10.1080/09672560050210115 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560050210115 
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Handle: RePEc:taf:eujhet:v:7:y:2000:i:4:p:569-594




Template-Type: ReDIF-Article 1.0
Author-Name: Lisa Hill 
Author-X-Name-First: Lisa 
Author-X-Name-Last: Hill 
Title: The hidden theology of Adam Smith 
Abstract:
  This paper contests late readings of Adam Smith's 'invisible hand' as an
 essentially secular device. It is argued that Smith's social and economic
 philosophy is inherently theological and that his entire model of social
 order is logically dependent on the notion of God's action in nature. It
 will be shown that far from being a purely secular, materialist or
 evolutionist approach Smith works from the argument from design to
 construct a model that is teleological and securely located in the chain
 of being tradition. His focus upon happiness as the Final Cause of nature
 renders improbable any claims for proto-evolutionism in his work while his
 arguments about the deliberate endowment of defects in the human frame
 make no sense without the supposition of design and purpose in nature. 
Journal: The European Journal of the History of Economic Thought 
Pages: 1-29 
Issue: 1 
Volume: 8 
Year: 2001 
Keywords: Adam Smith Invisible Hand Teleology Spontaneous Order Self-INTEREST Stoicism, 
X-DOI: 10.1080/713765225 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/713765225 
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Handle: RePEc:taf:eujhet:v:8:y:2001:i:1:p:1-29




Template-Type: ReDIF-Article 1.0
Author-Name: Michel Zouboulakis 
Author-X-Name-First: Michel 
Author-X-Name-Last: Zouboulakis 
Title: From Mill to Weber: the meaning of the concept of economic rationality 
Abstract:
  Weber recognized explicitly that his concept of ideal-type is directly
 borrowed from economic theory and as it is commonly admitted from the
 German-speaking 'marginalist school'. Nevertheless, the construction of
 ideal-types reminds greatly the definition of economic rationality made by
 John Stuart Mill, who also built up a concept to explain, in
 individualistic terms, the real world in a given historical and
 geographical context. The position defended here is that Weber generalizes
 Mill's methodological proposition of concept formation regarding economic
 rationality to accomplish his much larger project of determining the
 social factors responsible for the rationalization of the Western
 civilization. 
Journal: The European Journal of the History of Economic Thought 
Pages: 30-41 
Issue: 1 
Volume: 8 
Year: 2001 
Keywords: Max Weber John Stuart Mill Ideal-TYPES Economic Rationality Economic Methodology, 
X-DOI: 10.1080/09672560010015431 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560010015431 
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Handle: RePEc:taf:eujhet:v:8:y:2001:i:1:p:30-41




Template-Type: ReDIF-Article 1.0
Author-Name: Klaus Hamberger 
Author-X-Name-First: Klaus 
Author-X-Name-Last: Hamberger 
Title: Bohm-Bawerk, Jevons and the 'Austrian' theory of capital: 'a quite different relation' 
Abstract:
  The paper examines the relationship between the interest theories of
 Jevons and Bohm-Bawerk. Although their results can easily be reconciled
 mathematically, Bohm-Bawerk's 'misunderstanding' of the Jevonian formula
 reveals a fundamental difference concerning their derivation. Despite
 their formal similarity, the two models exhibit a different conceptual
 architecture and thus also attach quite different meanings to the concept
 of the interest rate. Rather than trying to reconcile them, the paper
 suggests to analyse their relationship as part of an entire
 transformation, which can be equally traced between the value and price
 theories of the two authors. 
Journal: The European Journal of the History of Economic Thought 
Pages: 42-57 
Issue: 1 
Volume: 8 
Year: 2001 
Keywords: Jevons Bohm-BAWERK Austrian Theory Of Capital Capital And Interest Theories Marginalism Nineteenth-CENTURY Economic Thought, 
X-DOI: 10.1080/09672560010015440 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560010015440 
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Handle: RePEc:taf:eujhet:v:8:y:2001:i:1:p:42-57




Template-Type: ReDIF-Article 1.0
Author-Name: Giovanni Cesaroni 
Author-X-Name-First: Giovanni 
Author-X-Name-Last: Cesaroni 
Title: The finance motive, the Keynesian theory of the rate of interest and the investment multiplier 
Abstract:
  Reconstructing the whole debate on the finance motive, this work
 highlights the importance of Robertson's and Shaw's critical comments on
 the Keynesian theory of the rate of interest. Saving and liquidity cannot
 be conceived &#x2014; as Keynes and the post-Keynesians claim &#x2014; as
 separate categories, in that they are functionally related. This doesn't
 necessarily means that one has to abandon a monetary theory of the rate of
 interest which is based on the liquidity preferences of banks and
 wealth-holders (Kaldor, Shackle). Moreover, we point out a difficulty for
 the functioning of the multiplier that arises when &#x2014; according to
 Keynes &#x2014; the liquidity position of the revolving fund of finance is
 restored at the end of the circulation period. 
Journal: The European Journal of the History of Economic Thought 
Pages: 58-74 
Issue: 1 
Volume: 8 
Year: 2001 
Keywords: Finance Motive Theory Of The Rate Of Interest Multiplier Liquidity Preference Saving, 
X-DOI: 10.1080/713765224 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/713765224 
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Handle: RePEc:taf:eujhet:v:8:y:2001:i:1:p:58-74




Template-Type: ReDIF-Article 1.0
Author-Name: Matias Vernengo 
Author-X-Name-First: Matias 
Author-X-Name-Last: Vernengo 
Author-Name: Louis-Philippe Rochon 
Author-X-Name-First: Louis-Philippe 
Author-X-Name-Last: Rochon 
Title: Kaldor and Robinson on money and growth 
Abstract:
  Post-Keynesian theory was developed as an alternative to mainstream
 neoclassical economics. However, post-Keynesians have not succeeded in
 getting their message through, partly because of the difficult and
 controversial economic issues upon which they embarked, partly because
 they emphasized, both in their monetary and growth analysis, theories that
 do not radically depart from the mainstream of economics. This paper
 therefore argues that post-Keynesian economics got off on the wrong foot.
 Rather than having emphasized the works of Minsky and (the early) Kaldor
 in money, post-Keynesians should have considered the contributions of
 Robinson and Kahn. Also, rather than having emphasized the work of
 Robinson and Harrod on growth, they ought to have given greater emphasis
 to Kaldor's demand-oriented growth theory. Hence, as a simplification,
 post-Keynesians should have considered Robinson on money, not Kaldor; and
 Kaldor on growth, not Robinson. 
Journal: The European Journal of the History of Economic Thought 
Pages: 75-103 
Issue: 1 
Volume: 8 
Year: 2001 
Keywords: Money Growth Post-KEYNESIANS Nicholas Kaldor Joan Robinson Cambridge School, 
X-DOI: 10.1080/09672560010015422 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560010015422 
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Handle: RePEc:taf:eujhet:v:8:y:2001:i:1:p:75-103




Template-Type: ReDIF-Article 1.0
Author-Name: Lluis Argemi 
Author-X-Name-First: Lluis 
Author-X-Name-Last: Argemi 
Title: Ernest Lluch (1937-2000) 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 124-129 
Issue: 2 
Volume: 8 
Year: 2001 
X-DOI: 10.1080/09672560110038895 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560110038895 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:8:y:2001:i:2:p:124-129




Template-Type: ReDIF-Article 1.0
Author-Name: Ernest Lluch 
Author-X-Name-First: Ernest 
Author-X-Name-Last: Lluch 
Title: Lopez de Penalver's Reflexiones : an economic and mathematical approach 
Abstract:
  Juan Lopez de Penalver was an engineer and mathematician who trained in
 Spain, Central Europe and Paris. His Reflexiones sobre la variacion del
 precio del trigo (1812) contained three models of: (1) wages, wheat prices
 and mortality; (2) transport costs and location; and (3) constant relative
 prices, which were brought to an international readership in 1961. His
 complete works were published in 1992. An advocate of political arithmetic
 and mathematical economics, he was influenced by Canard, Condorcet and
 Steuart and the economic writings of Lavoisier and Lagrange; a
 considerable distance separated him from both Adam Smith and J.-B. Say. 
Journal: The European Journal of the History of Economic Thought 
Pages: 130-145 
Issue: 2 
Volume: 8 
Year: 2001 
Keywords: Constant Relative Price Model Transport And Wage Costs Wheat Mortality Political Arithmetic, 
X-DOI: 10.1080/09672560110038903 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560110038903 
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Handle: RePEc:taf:eujhet:v:8:y:2001:i:2:p:130-145




Template-Type: ReDIF-Article 1.0
Author-Name: Richard Vann De Berg 
Author-X-Name-First: Richard Vann 
Author-X-Name-Last: De Berg 
Author-Name: Christophe Salvat 
Author-X-Name-First: Christophe 
Author-X-Name-Last: Salvat 
Title: Scottish subtlety: Andre Morellet's comments on the Wealth of Nations 
Abstract:
  The manuscripts of Andre Morellet (kept in the Municipal Library of
 Lyons) contain numerous notebooks in which Adam Smith's Wealth of Nations
 is discussed. They are an interesting but little used source for the study
 of the early reception of Smith's work in France. The frequent comparisons
 Morellet makes between Smith's views and those of contemporary French
 economists provide new insights into the, often subtle similarities and
 differences between the leading economic theorists of the second half of
 the eighteenth century. 
Journal: The European Journal of the History of Economic Thought 
Pages: 146-185 
Issue: 2 
Volume: 8 
Year: 2001 
Keywords: Smith Turgot Physiocrats, 
X-DOI: 10.1080/09672560110038912 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560110038912 
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Handle: RePEc:taf:eujhet:v:8:y:2001:i:2:p:146-185




Template-Type: ReDIF-Article 1.0
Author-Name: Donald Walker 
Author-X-Name-First: Donald 
Author-X-Name-Last: Walker 
Title: A factual account of the functioning of the nineteenth-century Paris Bourse 
Abstract:
  The auctioneer type of price formation process used in economic theory,
 allegedly based on the functioning of the nineteenth-century Paris Bourse,
 did not in fact have an empirical counterpart in that institution.
 Contemporaneous accounts are used to provide a correct description of it.
 It is shown that its institutions and procedures were very different from
 the received ideas. Prices were not called out by a market official;
 securities were not traded in the order in which they appeared on a list;
 disequilibrium transactions occurred; information varied during the course
 of the day; and a given security traded at many different prices during
 the course of a given session, and sometimes simultaneously at different
 prices. 
Journal: The European Journal of the History of Economic Thought 
Pages: 186-207 
Issue: 2 
Volume: 8 
Year: 2001 
Keywords: J. A. Kregel Nineteenth-CENTURY Bourse Agents De Change Pricing Disequilibrium Transactions, 
X-DOI: 10.1080/0967256011039281 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256011039281 
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Handle: RePEc:taf:eujhet:v:8:y:2001:i:2:p:186-207




Template-Type: ReDIF-Article 1.0
Author-Name: Tiziano Raffaelli 
Author-X-Name-First: Tiziano 
Author-X-Name-Last: Raffaelli 
Title: Marshall on mind and society: neurophysiological models applied to industrial and business organization 
Abstract:
  The paper examines Marshall's views on industrial organization in the
 light of his early interest in mental philosophy: routines are necessary
 for the functioning not only of mind but also of society, though in both
 cases they enhance the dangers of excessive specialization and
 'overburdening'. Marshall's ideal mix, already clear in his early paper Ye
 Machine, was the subordination of a powerful and growing set of routines
 to human creativity and foresight. The 'neurophysiological analogy' helps
 to understand Marshall's opinions on division of labour, business
 concentration, industrial districts, 'character' and other general issues
 of social evolution. 
Journal: The European Journal of the History of Economic Thought 
Pages: 208-229 
Issue: 2 
Volume: 8 
Year: 2001 
Keywords: Cognitive Sciences Routines Industrial Organization Division Of Labour, 
X-DOI: 10.1080/09672560110039290 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560110039290 
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Handle: RePEc:taf:eujhet:v:8:y:2001:i:2:p:208-229




Template-Type: ReDIF-Article 1.0
Author-Name: Rodolfo Signorino 
Author-X-Name-First: Rodolfo 
Author-X-Name-Last: Signorino 
Title: An appraisal of Piero Sraffa's 'The Laws of Returns under Competitive Conditions' 
Abstract:
  The paper proposes a new interpretation of Sraffa's 1926 Economic Journal
 article, 'The Laws of Returns under Competitive Conditions', according to
 which the latter derives from the same strategy of research which
 underlies its 1925 Italian precursor, 'Sulle relazioni fra costo e
 quantita prodotta'. Sraffa tested the explanatory power of a Marshallian
 monopolistic partial equilibrium model and concluded that that model is
 able to treat one source of variable returns (firm-internal economies);
 but this articulation of Marshall's theory does not substantially improve
 on the trade-off between logical consistency and empirical relevance which
 afflicted the theory in its whole. 
Journal: The European Journal of the History of Economic Thought 
Pages: 230-250 
Issue: 2 
Volume: 8 
Year: 2001 
Keywords: Marshall Perfect Competition Monopoly, 
X-DOI: 10.1080/09672560110039308 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560110039308 
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Handle: RePEc:taf:eujhet:v:8:y:2001:i:2:p:230-250




Template-Type: ReDIF-Article 1.0
Author-Name: James Buchanan 
Author-X-Name-First: James 
Author-X-Name-Last: Buchanan 
Author-Name: Gerard Debreu 
Author-X-Name-First: Gerard 
Author-X-Name-Last: Debreu 
Author-Name: Lawrence Klein 
Author-X-Name-First: Lawrence 
Author-X-Name-Last: Klein 
Author-Name: Milton Friedman 
Author-X-Name-First: Milton 
Author-X-Name-Last: Friedman 
Author-Name: Robert Solow 
Author-X-Name-First: Robert 
Author-X-Name-Last: Solow 
Title: The most significant contributions to economics during the twentieth century: lists of the Nobel laureates 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 289-297 
Issue: 3 
Volume: 8 
Year: 2001 
X-DOI: 10.1080/09672560110062915 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560110062915 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:8:y:2001:i:3:p:289-297




Template-Type: ReDIF-Article 1.0
Author-Name: Kenneth Arrow 
Author-X-Name-First: Kenneth 
Author-X-Name-Last: Arrow 
Title: The five most significant developments in economics of the twentieth century 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 298-304 
Issue: 3 
Volume: 8 
Year: 2001 
X-DOI: 10.1080/09672560110062924 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560110062924 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:8:y:2001:i:3:p:298-304




Template-Type: ReDIF-Article 1.0
Author-Name: Paul Samuelson 
Author-X-Name-First: Paul 
Author-X-Name-Last: Samuelson 
Title: On just how great 'great books are' 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 305-308 
Issue: 3 
Volume: 8 
Year: 2001 
X-DOI: 10.1080/09672560110062933 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560110062933 
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Template-Type: ReDIF-Article 1.0
Author-Name: Herbert Simon 
Author-X-Name-First: Herbert 
Author-X-Name-Last: Simon 
Title: Pro- and anti-lists of the most significant contributions to economic literature of the twentieth century 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 309-310 
Issue: 3 
Volume: 8 
Year: 2001 
X-DOI: 10.1080/09672560110062942 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560110062942 
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Handle: RePEc:taf:eujhet:v:8:y:2001:i:3:p:309-310




Template-Type: ReDIF-Article 1.0
Author-Name: Erich Streissler 
Author-X-Name-First: Erich 
Author-X-Name-Last: Streissler 
Title: Rau, Hermann and Roscher: contributions of German economics around the middle of the nineteenth century 
Abstract:
  The main contributions to the now much neglected, though highly
 innovative proto-neoclassical tradition of German economics during the
 middle two quarters of the nineteenth century are surveyed. Particularly
 stressed are the creation of a subjective demand analysis with an
 'objective', i.e. costorientated supply analysis with a rising long-run
 supply curve (foreshadowing Marshall); and furthermore the full
 development of marginal productivity analysis of factor remuneration, not
 only by Thuenen. 
Journal: The European Journal of the History of Economic Thought 
Pages: 311-331 
Issue: 3 
Volume: 8 
Year: 2001 
Keywords: Neoclassical Economics Marginal Theory, 
X-DOI: 10.1080/09672560110062951 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560110062951 
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Handle: RePEc:taf:eujhet:v:8:y:2001:i:3:p:311-331




Template-Type: ReDIF-Article 1.0
Author-Name: Franck Jovanovic 
Author-X-Name-First: Franck 
Author-X-Name-Last: Jovanovic 
Author-Name: Philippe Le Gall 
Author-X-Name-First: Philippe Le 
Author-X-Name-Last: Gall 
Title: Does God practice a random walk? The 'financial physics' of a nineteenth-century forerunner, Jules Regnault 
Abstract:
  We analyse the work of a neglected French economist, Jules Regnault,
 whose Calcul des Chances et Philosophie de la Bourse (1863) laid the basis
 of modern stochastic models of price behaviour and contains an
 anticipation of econometrics. At a time when short-term speculation was
 denounced as immoral, he approached this question 'scientifically' and
 constructed two models. The first one was relative to short-term
 speculation and took the shape of a random walk - a model used by
 Bachelier (1900). The second one deals with long-term speculation and aims
 at evaluating the mean value of the French 3 per cent bond. 
Journal: The European Journal of the History of Economic Thought 
Pages: 332-362 
Issue: 3 
Volume: 8 
Year: 2001 
Keywords: Random Walk History Of Economic Thought Econometrics Financial Theory, 
X-DOI: 10.1080/09672560110062960 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560110062960 
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Handle: RePEc:taf:eujhet:v:8:y:2001:i:3:p:332-362




Template-Type: ReDIF-Article 1.0
Author-Name: Giuseppe Freni 
Author-X-Name-First: Giuseppe 
Author-X-Name-Last: Freni 
Title: Sraffa's early contribution to competitive price theory 
Abstract:
  In this paper, Sraffa's 1925 contribution to competitive price theory is
 reconsidered. It is argued that Sraffa's 1925 framework of analysis is a
 'general' equilibrium model of the supply side of the economy with many
 Ricardian features. It is suggested that Samuelson's 1959 Ricardian model
 and 1971 Marshallian specific-factors model may help re-analyse Sraffa's
 1925 work along the lines outlined above. It is also contended that the
 elements of continuity between Sraffa's early work and Production of
 Commodities are more pronounced than commonly believed. 
Journal: The European Journal of the History of Economic Thought 
Pages: 363-390 
Issue: 3 
Volume: 8 
Year: 2001 
Keywords: Sraffa Partial Vs. General Equilibrium Supply Curves Specific-FACTORS Models, 
X-DOI: 10.1080/09672560110062979 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560110062979 
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Handle: RePEc:taf:eujhet:v:8:y:2001:i:3:p:363-390




Template-Type: ReDIF-Article 1.0
Author-Name: Nerio Naldi 
Author-X-Name-First: Nerio 
Author-X-Name-Last: Naldi 
Title: Keynes on the nature of capital: a note on the origin of The General Theory's chapter 16 
Abstract:
  In The General Theory, unlike Keynes's previous works, we find a chapter
 explicitly devoted to a discussion of capital. It's title, however, does
 not accurately reflect the actual content of the chapter itself; and the
 text, which contains a discussion of the concept of roundaboutness, may
 leave the reader uncertain about Keynes' attitude towards that concept and
 on the actual focus of the chapter. In this paper a study of the surviving
 drafts of The General Theory and of other sources relevant to the purpose
 of elucidating the process of composition of the chapter allows us to show
 how and why those peculiarities emerged and helps to cast light on their
 meaning. 
Journal: The European Journal of the History of Economic Thought 
Pages: 391-401 
Issue: 3 
Volume: 8 
Year: 2001 
Keywords: Keynes Capital Rate Of Return, 
X-DOI: 10.1080/09672560110062988 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560110062988 
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Handle: RePEc:taf:eujhet:v:8:y:2001:i:3:p:391-401




Template-Type: ReDIF-Article 1.0
Author-Name: Stefano Fiori 
Author-X-Name-First: Stefano 
Author-X-Name-Last: Fiori 
Title: Visible and invisible order. The theoretical duality of Smith's political economy 
Abstract:
  The aim of the paper is to show that Adam Smith elaborated a distinctive
 image of nature related to economic discourse. In Smith, visible events
 (or interdependencies) must be connected to invisible principles which, in
 particular, should provide an explanation of the self-coordination
 processes (especially that of market). In a broad sense, this approach was
 adopted by a number of disciplines in Smith's time (especially the
 sciences of life), which focused the analysis of the organization of
 complex systems. Moreover, the conceptual pair (visibility and
 invisibility) is connoted in terms of theoretical duality, and the paper
 attempts to demonstrate how such duality is reproduced in Smith's economic
 categories. 
Journal: The European Journal of the History of Economic Thought 
Pages: 429-448 
Issue: 4 
Volume: 8 
Year: 2001 
Keywords: Adam Smith Market Order Organization Sciences Of Life, 
X-DOI: 10.1080/09672560110079485 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560110079485 
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Handle: RePEc:taf:eujhet:v:8:y:2001:i:4:p:429-448




Template-Type: ReDIF-Article 1.0
Author-Name: Christian Gehrke 
Author-X-Name-First: Christian 
Author-X-Name-Last: Gehrke 
Author-Name: Heinz Kurz 
Author-X-Name-First: Heinz 
Author-X-Name-Last: Kurz 
Title: Say and Ricardo on value and distribution 
Abstract:
  The paper discusses the differences between the theories of value and
 distribution of Jean-Baptiste Say and David Ricardo. The attention focuses
 on fundamental issues in controversy between them. These are Say's
 confounding of 'value', 'riches' and 'utility', the theory of value, the
 problem of the measure of value, and the distinction between net and gross
 revenue; and the theory of income distribution, especially the explanation
 of rents and of profits. Since Say variously expressed his wish to learn
 from Ricardo and to absorb his doctrine, the aim of the paper is
 essentially to examine whether he made any progress in this regard.
 Whenever possible we let the authors speak for themselves. 
Journal: The European Journal of the History of Economic Thought 
Pages: 449-486 
Issue: 4 
Volume: 8 
Year: 2001 
Keywords: David Ricardo Income Distribution Jean-BAPTISTE Say Utility Value, 
X-DOI: 10.1080/09672560110079494 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560110079494 
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Handle: RePEc:taf:eujhet:v:8:y:2001:i:4:p:449-486




Template-Type: ReDIF-Article 1.0
Author-Name: Malcolm Sawyer 
Author-X-Name-First: Malcolm 
Author-X-Name-Last: Sawyer 
Title: Kalecki on money and finance 
Abstract:
  It is argued that Kalecki had a greater appreciation of the role of the
 monetary sector than has been generally recognized, and that Kalecki
 presented ideas which can be seen as now embedded in the structuralist
 post Keynesian analysis of endogenous money and in the circuitist
 approach. Six key features of Kalecki's monetary analysis are identified.
 The paper outlines Kalecki's dismissal of the 'Pigou effect' and the
 'Keynes effect', and then discussion the relationship between the
 'principle of increasing risk' and the nature of the supply of credit. It
 discusses interest determination in Kalecki's writings and the manner in
 which he distinguished different types of money. 
Journal: The European Journal of the History of Economic Thought 
Pages: 487-508 
Issue: 4 
Volume: 8 
Year: 2001 
Keywords: Money Finance Kalecki Endogenous Money Interest Rate, 
X-DOI: 10.1080/09672560110079502 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560110079502 
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Handle: RePEc:taf:eujhet:v:8:y:2001:i:4:p:487-508




Template-Type: ReDIF-Article 1.0
Author-Name: Stefan Baumgartner 
Author-X-Name-First: Stefan 
Author-X-Name-Last: Baumgartner 
Title: Heinrich von Stackelberg on joint production 
Abstract:
  In the 1970s, considerable interest arose into the study of multi-output
 firms and industries. However, this literature did not seem to be aware of
 the contribution that von Stackelberg made to the issue almost half a
 century earlier. This paper outlines von Stackelberg's contribution to the
 theory of costs under joint production. It critically assesses the place
 of his contribution in the modern history of the theory of joint
 production and it suggests an answer to the question of why von
 Stackelberg's theory of joint production fell into oblivion and even
 contributed to the abandonment of the issue for decades. 
Journal: The European Journal of the History of Economic Thought 
Pages: 509-525 
Issue: 4 
Volume: 8 
Year: 2001 
Keywords: Cost Theory Heinrich Von Stackelberg Joint Production Theory Of The Firm, 
X-DOI: 10.1080/09672560110079511 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560110079511 
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Handle: RePEc:taf:eujhet:v:8:y:2001:i:4:p:509-525




Template-Type: ReDIF-Article 1.0
Author-Name: Hukukane Nikaido 
Author-X-Name-First: Hukukane 
Author-X-Name-Last: Nikaido 
Title: Transition from the classical to the Keynesian Perspective 
Abstract:
  This paper intends to recast the IS-LM to an analytical framework that
 reflects, more pertinently than the conventional version, Keynes's central
 analytical message in his General Theory resulting from his secession from
 the classics. The secession is imagined to be a process of transition from
 a simple analytical framework of the classics to this recast form of the
 IS-LM. Moreover the arguments in the paper occasionally touch on certain
 misleading conventional views pertaining to the issues. 
Journal: The European Journal of the History of Economic Thought 
Pages: 526-546 
Issue: 4 
Volume: 8 
Year: 2001 
Keywords: Keynes Secession From Classics Money Wage Prices Is-LM Recast, 
X-DOI: 10.1080/09672560110079520 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560110079520 
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Handle: RePEc:taf:eujhet:v:8:y:2001:i:4:p:526-546




Template-Type: ReDIF-Article 1.0
Author-Name: Timothy Davis 
Author-X-Name-First: Timothy 
Author-X-Name-Last: Davis 
Title: David Ricardo, financier and empirical economist 
Abstract:
  Historians of economic thought often criticize David Ricardo on the
 grounds that he lacked factual knowledge of Britain's economy, and that he
 recommended irresponsible policies in reliance on the axioms of Say's Law
 and the Quantity Theory of Money. This article establishes that Ricardo
 was well informed about business conditions in Britain. His livelihood
 depended on being able to predict, months in advance, the state of
 financial markets. This, in turn, meant predicting changes in the money
 supply, the foreign exchange rate, Government expenditures, and general
 economic activity. The article also illustrates how Ricardo used this same
 information when assessing Britain's economic state and when making
 recommendations about the choice of a monetary standard. 
Journal: The European Journal of the History of Economic Thought 
Pages: 1-16 
Issue: 1 
Volume: 9 
Year: 2002 
Keywords: Ricardo, Empirical Economist, Knowledge, 
X-DOI: 10.1080/09672560110103351 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560110103351 
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Template-Type: ReDIF-Article 1.0
Author-Name: R. D. Collison Black 
Author-X-Name-First: R. D. Collison 
Author-X-Name-Last: Black 
Title: The political economy of Thomas Edward Cliffe Leslie (1826-82): a re-assessment 
Abstract:
  Recent commentators have dealt mainly with Leslie's methodological work,
 but Leslie had produced papers on applied political economy for 25 years
 before he published one devoted specifically to the historical method. The
 present article concentrates on Leslie's use of that method and the
 results it enabled him to achieve &#x2014; in dealing with issues such as
 economic aspects of militarism, forms of land tenure in Europe, gold
 supplies and price levels, fiscal reform and wage determination. Reviewing
 these results suggests that Leslie's work was not so much in contradiction
 with the neoclassical approach of Jevons and Marshall as complementary to
 it. 
Journal: The European Journal of the History of Economic Thought 
Pages: 17-41 
Issue: 1 
Volume: 9 
Year: 2002 
Keywords: Historical Political Economy, Jurisprudence And Political Economy, Land Tenures Europe, 1862-82, Leslie, Thomas Edward Cliffe 1826-82 Political, Economy Of War, 
X-DOI: 10.1080/09672560110103360 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560110103360 
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Handle: RePEc:taf:eujhet:v:9:y:2002:i:1:p:17-41




Template-Type: ReDIF-Article 1.0
Author-Name: Daniele Besomi 
Author-X-Name-First: Daniele 
Author-X-Name-Last: Besomi 
Title: Lowe's and Hayek's influence on Harrod's trade cycle theory 
Abstract:
  In 1926 Adolph Lowe pointed out that a system in a state of equilibrium
 is not capable of undergoing any change, and concluded that trade cycles
 cannot be explained within the framework of static analysis. Harrod seems
 to have become acquainted with this argument via Hayek's Monetary Theory
 and the Trade Cycle, where it was expressed in a weaker form. Harrod
 developed it into his instability principle, maintaining that a correct
 (endogenous) explanation of the cycle requires that the system is
 unstable. This argument preceded the actual elaboration of Harrod's cycles
 and growth mechanism, of which it provides the epistemic foundation. 
Journal: The European Journal of the History of Economic Thought 
Pages: 42-56 
Issue: 1 
Volume: 9 
Year: 2002 
Keywords: Instability Principle, Business Cycle, Harrod, Lowe, Hayek, Equilibrium, 
X-DOI: 10.1080/09672560110103379 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560110103379 
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Handle: RePEc:taf:eujhet:v:9:y:2002:i:1:p:42-56




Template-Type: ReDIF-Article 1.0
Author-Name: Mauro Boianovsky 
Author-X-Name-First: Mauro 
Author-X-Name-Last: Boianovsky 
Title: Simonsen and the early history of the cash\in-advance approach 
Abstract:
  The paper brings to light an early contribution to the cash-in-advance
 literature made by the Brazilian economist Mario Henrique Simonsen
 (1935-1997) in an article written in Portuguese as far back as 1964.
 Simonsen explicitly introduced the cash-in-advance constraint as an
 inequality in a non-linear programming problem and provided a diagrammatic
 illustration of the interior and boundary solutions. He also applied the
 concept to the discussion of the quantity theory of money and showed that
 the classical dichotomy is valid for the stationary equilibrium of prices
 over time. 
Journal: The European Journal of the History of Economic Thought 
Pages: 57-71 
Issue: 1 
Volume: 9 
Year: 2002 
Keywords: Simonsen, Cash-IN-ADVANCE, Non-LINEAR Programming, Quantity Theory Of Money, Classical Dichotomy, 
X-DOI: 10.1080/09672560110103388 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560110103388 
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Handle: RePEc:taf:eujhet:v:9:y:2002:i:1:p:57-71




Template-Type: ReDIF-Article 1.0
Author-Name: Brian Loasby 
Author-X-Name-First: Brian 
Author-X-Name-Last: Loasby 
Title: Content and method: an epistemic perspective on some historical episodes 
Abstract:
  The double contrast between allocation and process and between formal
 proof and empirically based reasoning is selectively applied to the
 history of economics. Hume's rejection of provable knowledge led to
 Smith's psychological explanation of science and thence to his theory of
 growth through the division of labour. Marshall's cautious theorizing and
 cognitively based evolutionary perspective stimulated contrasting
 responses from Sraffa and Young. Robinson matched method to content but
 Chamberlin did not, and Andrews's attempt to develop a process-based price
 theory met more resistance than Penrose's reinvention of growth theory. We
 currently observe conflicting methods of handling evolution and business
 strategy. 
Journal: The European Journal of the History of Economic Thought 
Pages: 72-95 
Issue: 1 
Volume: 9 
Year: 2002 
Keywords: Knowledge, Analytical Systems, Equilibrium, Process, Evolution, 
X-DOI: 10.1080/09672560110103397 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560110103397 
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Handle: RePEc:taf:eujhet:v:9:y:2002:i:1:p:72-95




Template-Type: ReDIF-Article 1.0
Author-Name: David Laidler 
Author-X-Name-First: David 
Author-X-Name-Last: Laidler 
Title: Skidelsky's Keynes: a review essay 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 97-110 
Issue: 1 
Volume: 9 
Year: 2002 
X-DOI: 10.1080/09672560110103405 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560110103405 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:9:y:2002:i:1:p:97-110




Template-Type: ReDIF-Article 1.0
Author-Name: Donald Moggridge 
Author-X-Name-First: Donald 
Author-X-Name-Last: Moggridge 
Title: 'Rescuing Keynes from the economists'?: the Skidelsky trilogy 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 111-123 
Issue: 1 
Volume: 9 
Year: 2002 
X-DOI: 10.1080/09672560110103414 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560110103414 
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Handle: RePEc:taf:eujhet:v:9:y:2002:i:1:p:111-123




Template-Type: ReDIF-Article 1.0
Author-Name: Pascal Bridel 
Author-X-Name-First: Pascal 
Author-X-Name-Last: Bridel 
Author-Name: Michel De Vroey 
Author-X-Name-First: Michel 
Author-X-Name-Last: De Vroey 
Title: Introduction 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 155-160 
Issue: 2 
Volume: 9 
Year: 2002 
X-DOI: 10.1080/09672560210129699 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560210129699 
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Handle: RePEc:taf:eujhet:v:9:y:2002:i:2:p:155-160




Template-Type: ReDIF-Article 1.0
Author-Name: Perry Mehrling 
Author-X-Name-First: Perry 
Author-X-Name-Last: Mehrling 
Title: Don Patinkin and the origins of postwar monetary orthodoxy 
Abstract:
  Don Patinkin's Money, Interest, and Prices (1956) set the ground rules of
 postwar monetary discourse, for better or worse. A close look at the
 intellectual origins of the book in Patinkin's own life shows it to emerge
 equally from the Old Chicago School of Simons/Mints/Knight and the Cowles
 Commission of Lange/Marschak/Haavelmo. Patinkin's conception of money as
 essentially an outside asset is argued to emerge from the historical
 context of war finance, and is contrasted with the Gurley-Shaw conception
 of money as a form of inside credit. 
Journal: The European Journal of the History of Economic Thought 
Pages: 161-185 
Issue: 2 
Volume: 9 
Year: 2002 
Keywords: Don Patinkin, Real Balance Effect, Chicago School, Quantity Theory Of Money, Inside Money, 
X-DOI: 10.1080/09672560210129668 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560210129668 
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Handle: RePEc:taf:eujhet:v:9:y:2002:i:2:p:161-185




Template-Type: ReDIF-Article 1.0
Author-Name: Roger Backhouse 
Author-X-Name-First: Roger 
Author-X-Name-Last: Backhouse 
Title: Don Patinkin: interpreter of the Keynesian revolution 
Abstract:
  Don Patinkin was a major contributor to the debate over the Keynesian
 revolution who, later in his career, became a historian of Keynesian
 economics. Drawing on unpublished papers as well as his publications, this
 paper traces the evolution of Patinkin's writing on this subject and seeks
 to explain, taking account of his statements about historiography, why he
 approached it in the way that he did. It argues that his earlier and later
 work formed part of a single intellectual journey that originated in his
 training, influenced by Frank Knight and Jacob Viner, in Chicago in the
 1940s. 
Journal: The European Journal of the History of Economic Thought 
Pages: 186-204 
Issue: 2 
Volume: 9 
Year: 2002 
Keywords: Patinkin, Chicago, Historiography, Keynesian Revolution, 
X-DOI: 10.1080/09672560210130675 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560210130675 
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Handle: RePEc:taf:eujhet:v:9:y:2002:i:2:p:186-204




Template-Type: ReDIF-Article 1.0
Author-Name: Goulven Rubin 
Author-X-Name-First: Goulven 
Author-X-Name-Last: Rubin 
Title: From equilibrium to disequilibrium: the genesis of Don Patinkin's interpretation of the Keynesian theory 
Abstract:
  This paper explains the reasons that led Don Patinkin to interpret the
 Keynesian theory in a disequilibrium perspective. We claim that the author
 adopted this position because he believed that the assumption of wage
 rigidity misrepresented the concept of involuntary unemployment and that,
 consequently, it had to be rejected. It is shown that this conclusion
 resulted from the confrontation of Patinkin, during the writing of his
 Ph.D. thesis, with the interpretations of the Keynesian theory argued
 respectively by Lange, Klein and Modigliani. 
Journal: The European Journal of the History of Economic Thought 
Pages: 205-225 
Issue: 2 
Volume: 9 
Year: 2002 
Keywords: Patinkin, Disequilibrium, Neoclassical Synthesis, Macroeconomics, Wage Rigidity, 
X-DOI: 10.1080/09672560210130684 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560210130684 
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Handle: RePEc:taf:eujhet:v:9:y:2002:i:2:p:205-225




Template-Type: ReDIF-Article 1.0
Author-Name: Mauro Boianovsky 
Author-X-Name-First: Mauro 
Author-X-Name-Last: Boianovsky 
Title: Patinkin, the Cowles Commission, and the theory of unemployment and aggregate supply 
Abstract:
  The paper provides an account of Don Patinkin's long-time search for an
 explanation of the notions of an aggregate demand constraint and
 unemployment under the assumption of a perfectly competitive goods market.
 It is argued that Patinkin's quest is reflected on the development of the
 concept of an aggregate supply function in the goods market. Patinkin's
 interpretation of aggregate supply and unemployment is compared to similar
 ideas put forward by Jacob Marschak, Trygve Haavelmo and Lawrence Klein,
 his former colleagues at the Cowles Commission in Chicago. 
Journal: The European Journal of the History of Economic Thought 
Pages: 226-259 
Issue: 2 
Volume: 9 
Year: 2002 
Keywords: Patinkin, Aggregate Supply, Unemployment, Cowles Commission, Overdetermination, Labour Demand, 
X-DOI: 10.1080/09672560210130693 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560210130693 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:9:y:2002:i:2:p:226-259




Template-Type: ReDIF-Article 1.0
Author-Name: Frank Hahn 
Author-X-Name-First: Frank 
Author-X-Name-Last: Hahn 
Title: The dichotomy once again 
Abstract:
  Patinkin's contribution to monetary theory is discussed with particular
 attention given to his 'dichotomy argument'. It is shown that he is
 perfectly correct, but there is a confusion in the literature between the
 'neutrality proposition' and the independence of equilibrium of the
 quantity of money. I then turn to homogeneity and its importance, and
 stress that the homogeneity applies to current as well as expected prices.
 I am rather unkind to mathematizing the double coincidence of wants
 argument, since it seems very obvious and the mathematics is exceptionally
 ugly. The paper concludes with remarks on monetary policy and the
 connection between the theory of money and that of information. 
Journal: The European Journal of the History of Economic Thought 
Pages: 260-267 
Issue: 2 
Volume: 9 
Year: 2002 
Keywords: Dichotomy, General Equilibrium Theory, Homogeneity, Transaction Demand, 
X-DOI: 10.1080/09672560210130701 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560210130701 
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Handle: RePEc:taf:eujhet:v:9:y:2002:i:2:p:260-267




Template-Type: ReDIF-Article 1.0
Author-Name: Pascal Bridel 
Author-X-Name-First: Pascal 
Author-X-Name-Last: Bridel 
Title: Patinkin, Walras and the 'money-in-the-utility-function' tradition 
Abstract:
  This paper concentrates on Patinkin's use of Walras' model in his attempt
 at providing a proper theory of the price of money integrated with the
 theory of relative prices. Patinkin stands as the last major contributor
 to a Walras-Hicks-Patinkin tradition based on an attempt at introducing
 money into the agent's utility function. More in Hicks than in Walras'
 footsteps, Patinkin gives a clear priority to money as a store of value
 over an assumed function as a means of exchange. It is also shown how
 confident the profession was in the early 1950s in the ability of general
 equilibrium to provide theoretical foundations to the neo-classical
 synthesis. However, the similitudes between the technique used by Walras
 and Patinkin are only a smokescreen behind which very different intentions
 are hidden. 
Journal: The European Journal of the History of Economic Thought 
Pages: 268-292 
Issue: 2 
Volume: 9 
Year: 2002 
Keywords: General Equilibrium, Walras, Patinkin, Money In The Utility Function, 
X-DOI: 10.1080/09672560210130710 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560210130710 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:9:y:2002:i:2:p:268-292




Template-Type: ReDIF-Article 1.0
Author-Name: Michel De Vroey 
Author-X-Name-First: Michel 
Author-X-Name-Last: De Vroey 
Title: Can slowly adjusting wages explain involuntary unemployment? A critical re-examination of Patinkin's theory of involuntary unemployment 
Abstract:
  In this paper I evaluate the logical consistency of Patinkin's claim that
 involuntary unemployment can result from slow speed of adjustment. I argue
 that Patinkin's argument is flawed because of an unjustified breach of
 continuity in the trade technology assumption between the microeconomic
 and the macroeconomic parts of Money, Interest, and Prices. Finally, I
 claim that the issue of flexibility versus rigidity should be linked to
 the trade technology assumption. As soon as a centralized trade technology
 is assumed, flexibility automatically comes in. 
Journal: The European Journal of the History of Economic Thought 
Pages: 293-307 
Issue: 2 
Volume: 9 
Year: 2002 
Keywords: Patinkin, Keynes, Involuntary Unemployment, 
X-DOI: 10.1080/09672560210130729 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560210130729 
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Handle: RePEc:taf:eujhet:v:9:y:2002:i:2:p:293-307




Template-Type: ReDIF-Article 1.0
Author-Name: Robert Dimand 
Author-X-Name-First: Robert 
Author-X-Name-Last: Dimand 
Title: Patinkin on Irving Fisher's monetary economics 
Abstract:
  This paper examines Patinkin's analysis of Fisher's monetary economics,
 with regard to the integration of monetary and value theory, the origins
 of the Chicago school and Fisher's relationship to Cambridge monetary
 theory. 
Journal: The European Journal of the History of Economic Thought 
Pages: 308-326 
Issue: 2 
Volume: 9 
Year: 2002 
Keywords: Patinkin, Fisher, Chicago School, Quantity Theory, Real Balance Effect, Invalid Dichotomy, 
X-DOI: 10.1080/09672560210130738 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560210130738 
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Handle: RePEc:taf:eujhet:v:9:y:2002:i:2:p:308-326




Template-Type: ReDIF-Article 1.0
Author-Name: Matthew Smith 
Author-X-Name-First: Matthew 
Author-X-Name-Last: Smith 
Title: Tooke's approach to explaining prices 
Abstract:
  This paper examines the method of analysis and theoretical approach
 Thomas Tooke (1774-1858) employed in his empirical study of English
 prices. It is shown that Tooke adopted the &#x201c;long period
 method&#x201d; formulated by Adam Smith to analyse a capitalist society.
 It is shown that like most nineteenth-century classical economists, Tooke
 adopted a modified version of Adam Smith's &#x201c;adding-up&#x201d;
 approach to normal prices and distribution which incoporated Ricardo's
 theory of rent. The paper shows that based on this approach, Tooke
 explained short-run fluctuations in prices be reference to factors that
 disrupted the adjustment of supply to the &#x201c;effectual&#x201d; demand
 for commodities. 
Journal: The European Journal of the History of Economic Thought 
Pages: 333-358 
Issue: 3 
Volume: 9 
Year: 2002 
Keywords: Thomas Tooke, Banking School, Price Theory, Distribution Theory, Classical Economics, Methodology, 
X-DOI: 10.1080/09672560210149206 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560210149206 
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Handle: RePEc:taf:eujhet:v:9:y:2002:i:3:p:333-358




Template-Type: ReDIF-Article 1.0
Author-Name: Roberto Romani 
Author-X-Name-First: Roberto 
Author-X-Name-Last: Romani 
Title: Political economy and other idioms: French views on English development, 1815-48 
Abstract:
  This article investigates the role of political economy in the shaping of
 French views of British economic performance. It is argued that the
 potential of political economic for spreading a favourable interpretation
 of British development was not in fact realized until the end of the
 period considered. One reason for this was that earlier on, the image of
 economic Britain suffered from the legacy of the French Revolution and the
 Napoleonic wars, with a link often being established between British
 pauperism and British aristocratic, 'feudal' society and government.
 Additionally, political economy struggled to gain ascendancy over other
 modes of social analysis, like Saint-Simonism and the science of
 administration, which either combined with it, thus affecting its
 potential for a favourable understanding of Britain, or directly
 challenged it. 
Journal: The European Journal of the History of Economic Thought 
Pages: 359-383 
Issue: 3 
Volume: 9 
Year: 2002 
Keywords: French Political Economy, British Industrialization, Anglophobia, Saint-SIMON, Sismondi, 
X-DOI: 10.1080/09672560210149215 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560210149215 
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Handle: RePEc:taf:eujhet:v:9:y:2002:i:3:p:359-383




Template-Type: ReDIF-Article 1.0
Author-Name: John Davis 
Author-X-Name-First: John 
Author-X-Name-Last: Davis 
Title: Gramsci, Sraffa, Wittgenstein: philosophical linkages 
Abstract:
  The paper assumes that since Gramsci influenced Sraffa and SraffA
 influenced Wittgenstein it may be possible to delineate a set of
 philosophical ideas which they shared in some degree. Gramsci's ideas are
 first reviewed on terms of his concept of hegemony, concept of caesarism
 and philosophy of praxis. On this basis three philosophical themes are
 identified in his thinking: the conept of emergence; catastrophic
 equilibrium; and the idea of a concrete universal. The thinking of Sraffa
 (both earlier and later) and the thinking of Wittgenstein (later) are then
 interpreted in terms of these same three themes. These links neither
 exhaust their philosophical thinking nor necessarily constitute the only
 links among the three. But these ideas provide one way of exploring
 connections among the three. The paper closes with brief remarks
 concerning two opposed philosophical traditions in modern European
 intellectual history at the turn of the century &#x2014; one associated
 with thinking in Britain and one associated with continental thinking
 &#x2014; meant to suggest the distinctiveness of a line of thinking
 running through Gramsci, Sraffa and Wittgenstein. 
Journal: The European Journal of the History of Economic Thought 
Pages: 384-401 
Issue: 3 
Volume: 9 
Year: 2002 
Keywords: Gramsci, Sraffa, Wittgenstein, Philosophical Linkages, Continental Tradition, 
X-DOI: 10.1080/09672560210149224 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560210149224 
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Handle: RePEc:taf:eujhet:v:9:y:2002:i:3:p:384-401




Template-Type: ReDIF-Article 1.0
Author-Name: Roxana Bobulescu 
Author-X-Name-First: Roxana 
Author-X-Name-Last: Bobulescu 
Title: The 'paradox' of F. Graham (1890-1949): a study in the theory of international trade 
Abstract:
  The aim of this paper is to investigate the origins of the protection
 argument based on increasing and decreasing returns to scale. The
 development of this theoretical framework is outlined in order to argue
 that F. Graham's demonstration consists of a synthesis of previous work.
 We then discuss the debate that took place in the 1930s, which ended with
 the rejection of Graham's argument as being a paradox or a theoretical
 curiosity. 
Journal: The European Journal of the History of Economic Thought 
Pages: 402-429 
Issue: 3 
Volume: 9 
Year: 2002 
Keywords: External Economies, Variable Returns To Scale, Trade Theory, Protectionism, Free Trade, Frank Graham, 
X-DOI: 10.1080/09672560210149233 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560210149233 
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Handle: RePEc:taf:eujhet:v:9:y:2002:i:3:p:402-429




Template-Type: ReDIF-Article 1.0
Author-Name: Max Gillman 
Author-X-Name-First: Max 
Author-X-Name-Last: Gillman 
Title: Keynes's Treatise : aggregate price theory for modern analysis? 
Abstract:
  The paper explores the theory of the aggregate price, profit, and
 business fluctuations in Keyne's Treatise for its implications for modern
 macro-economic analysis. As in the Treatise, profits are first defined
 within a theory of the agregate price level, as aggregate investment minus
 saving. Deriving aggregate total revenue and aggregate total cost from
 this price theory, the paper shows how to construct a version of the
 Keynesian cross diagram. The cross construction suggests an important
 qualification for fiscal policy, that total cost does not shift. Then,
 using a neoclassical definition of profit and the total-cost /
 total-revenue approach, the paper derives aggregate supply, and then adds
 aggregate demand in an integrated framework. Comparative statics of the
 AS-AD analysis and the central role of profit in the Treatise suggest that
 a focus on profit might be useful in identifying exogenous technology
 shocks of real business cycle theory. 
Journal: The European Journal of the History of Economic Thought 
Pages: 430-451 
Issue: 3 
Volume: 9 
Year: 2002 
Keywords: Price, Revenue, Cost, Cross, Profit, As-AD, Cycles, 
X-DOI: 10.1080/09672560210149242 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560210149242 
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Handle: RePEc:taf:eujhet:v:9:y:2002:i:3:p:430-451




Template-Type: ReDIF-Article 1.0
Author-Name: A. M. C. Waterman 
Author-X-Name-First: A. M. C. 
Author-X-Name-Last: Waterman 
Title: The 'Sussex School' and the history of economic thought: British Intellectual History, 1750-1950 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 452-463 
Issue: 3 
Volume: 9 
Year: 2002 
X-DOI: 10.1080/09672560210149251 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560210149251 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:9:y:2002:i:3:p:452-463




Template-Type: ReDIF-Article 1.0
Author-Name: Pascal Bridel 
Author-X-Name-First: Pascal 
Author-X-Name-Last: Bridel 
Author-Name: Elisabeth Huck 
Author-X-Name-First: Elisabeth 
Author-X-Name-Last: Huck 
Title: Yet another look at Leon Walras's theory of tatonnement 
Abstract:
  Starting with a detailed discussion of the theorem of equivalent
 redistributions, Part 1 examines the central role played by the
 distributional neutrality of tatonnement in Walras's pure theory of
 exchange. Part 2 extends this discussion to Walras's attempts at reaching
 a similar result when dealing with the successive versions of his theory
 of production before 1900. Part 3 contrasts Walras's and Edgeworth's
 respective technologies of exchange in order to demonstrate that a
 distributionally neutral tatonnement is an intrinsic part of Walras's
 theory of exchange. Finally, and besides briefly summarizing the results,
 the conclusion develops the crucial connection between the necessity of a
 converging and distributionally neutral tatonnement in pure economics with
 Walras's theories of property and justice. 
Journal: The European Journal of the History of Economic Thought 
Pages: 513-540 
Issue: 4 
Volume: 9 
Year: 2002 
Keywords: Edgeworth, Walras, Tatonnement, Competition, Hysteresis, 
X-DOI: 10.1080/0967256021000024727 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256021000024727 
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Handle: RePEc:taf:eujhet:v:9:y:2002:i:4:p:513-540




Template-Type: ReDIF-Article 1.0
Author-Name: Antoine Rebeyrol 
Author-X-Name-First: Antoine 
Author-X-Name-Last: Rebeyrol 
Title: 'Yet another look'? A comment 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 541-549 
Issue: 4 
Volume: 9 
Year: 2002 
X-DOI: 10.1080/0967256021000023510 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256021000023510 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:9:y:2002:i:4:p:541-549




Template-Type: ReDIF-Article 1.0
Author-Name: Manuel Luis Costa 
Author-X-Name-First: Manuel Luis 
Author-X-Name-Last: Costa 
Title: Comment on 'Yet another look at Leon Walras's theory of tatonnement ' 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 550-558 
Issue: 4 
Volume: 9 
Year: 2002 
X-DOI: 10.1080/0967256021000023501 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256021000023501 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:9:y:2002:i:4:p:550-558




Template-Type: ReDIF-Article 1.0
Author-Name: Pascal Bridel 
Author-X-Name-First: Pascal 
Author-X-Name-Last: Bridel 
Author-Name: Elisabeth Huck 
Author-X-Name-First: Elisabeth 
Author-X-Name-Last: Huck 
Title: Walras's tatonnement : a reply to Rebeyrol and Costa 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 559-567 
Issue: 4 
Volume: 9 
Year: 2002 
X-DOI: 10.1080/0967256021000024718 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256021000024718 
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Handle: RePEc:taf:eujhet:v:9:y:2002:i:4:p:559-567




Template-Type: ReDIF-Article 1.0
Author-Name: Rodolphe Dos Santos Ferreira 
Author-X-Name-First: Rodolphe Dos Santos 
Author-X-Name-Last: Ferreira 
Title: Aristotle's analysis of bilateral exchange: an early formal approach to the bargaining problem 
Abstract:
  Exchange, as analysed by Aristotle in the Nichomachean Ethics, should be
 viewed as a bilateral relation to be approached not as a market phenomenon
 but in terms of cooperation between two contractors. This paper
 accordingly proposes a reconsideration of Aristotle's analysis in the
 light of modern bargaining theory. This reconsideration reconciles the two
 principles of distributive and corrective justice as ruling simultaneously
 exchange relations through the figures of geometric and arithmetic
 proportions, respectively. It also suggests a new reconstitution of the
 missing diagram supposedly illustrating Aristotle's analysis, which
 &#x2014; contrary to the conventional square endowed with diagonals, used
 since Albertus Magnus' commentary &#x2014; fits the function to which such
 a diagram was probably designed, that of exhibiting Aristotle's solution
 to the bargaining problem. 
Journal: The European Journal of the History of Economic Thought 
Pages: 568-590 
Issue: 4 
Volume: 9 
Year: 2002 
Keywords: Aristotle, Bilateral Exchange, Bargaining, Justice, Exchange Value, Geometric, Analysis, 
X-DOI: 10.1080/0967256021000024709 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256021000024709 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:9:y:2002:i:4:p:568-590




Template-Type: ReDIF-Article 1.0
Author-Name: John Considine 
Author-X-Name-First: John 
Author-X-Name-Last: Considine 
Title: Budgetary institutions and fiscal discipline: Edmund Burke's insightful contribution 
Abstract:
  Recent developments in the political economy of public finance literature
 have focused on the features of budgetary institutions that facilitate
 budgetary discipline &#x2014; a sub-discipline of constitutional
 economics. In this literature, there has been no attempt to trace the
 development of economic thought on the relationship between budgetary
 institutions and fiscal discipline. This may be because debt accumulation
 in peacetime is seen as a late twentieth-century phenomenon. As a result,
 Edmund Burke's contribution, in his speech 'On Economical Reform', seems
 to have been forgotten. This paper highlights Burke's contribution and
 identifies the extent to which it captures those features of budgetary
 institutions that are currently recognized as facilitating budgetary
 discipline. 
Journal: The European Journal of the History of Economic Thought 
Pages: 591-607 
Issue: 4 
Volume: 9 
Year: 2002 
Keywords: Budgetary Institutions, Deficits, Public Finance, Constitutional Political, Economy, 
X-DOI: 10.1080/0967256021000024691 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256021000024691 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:9:y:2002:i:4:p:591-607




Template-Type: ReDIF-Article 1.0
Author-Name: Michel Rosier 
Author-X-Name-First: Michel 
Author-X-Name-Last: Rosier 
Title: The logic of Keynes' criticism of the Classical model 
Abstract:
  The Classics' remedy for unemployment was to lower money wages. Keynes
 opposes this remedy. Therefore, in The General Theory, he aims at building
 a model in which a fall in money wages may not cause an increase in
 employment. Most of the interpretations of Keynes identified this aim, but
 did not attach enough importance to it. Reading The General Theory in the
 light of this aim, we discover what Keynes' logic of elaboration is, then
 what Keynes' ideas about voluntary or involuntary unemployment are. 
Journal: The European Journal of the History of Economic Thought 
Pages: 608-643 
Issue: 4 
Volume: 9 
Year: 2002 
Keywords: Keynes' Model, Classics' Model, Wages Cuts, Involuntary Unemployment, 
X-DOI: 10.1080/0967256021000024682 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256021000024682 
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Handle: RePEc:taf:eujhet:v:9:y:2002:i:4:p:608-643




Template-Type: ReDIF-Article 1.0
Author-Name: Christian Gehrke 
Author-X-Name-First: Christian 
Author-X-Name-Last: Gehrke 
Author-Name: Heinz Kurz 
Author-X-Name-First: Heinz 
Author-X-Name-Last: Kurz 
Title: Keynes and Sraffa's 'Difficulties with J. H. Hollander' 
Abstract:
  The paper reports on Jacob H. Hollander's cooperation with John Maynard
 Keynes and Piero Sraffa in the preparation of the latter's edition of The
 Works and Correspondence of David Ricardo. The report is based on archive
 material from various sources, including the unpublished papers of Edwin
 Cannan, Piero Sraffa, Jacob H. Hollander, John Maynard Keynes, and Jacob
 Viner, and the archive of the Royal Economic Society. The archive material
 consulted by us shows that, put mildly, Jacob H. Hollander did not promote
 Sraffa's editorial project: he held back material which he had received
 from Frank Ricardo and did not disclose to Sraffa that he owned several
 important letters which he had privately purchased. Moreover, Sraffa was
 refused access to Ricardiana even after he had traced them down in
 laborious detective work to be in Hollander's possession. Hollander's
 unwillingness to cooperate with Sraffa considerably delayed the
 publication of the Ricardo edition. 
Journal: The European Journal of the History of Economic Thought 
Pages: 644-671 
Issue: 4 
Volume: 9 
Year: 2002 
Keywords: Jacob H Hollander, John Maynard Keynes, David Ricardo, Piero Sraffa, Royal, Economic, Society, 
X-DOI: 10.1080/0967256021000024673 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256021000024673 
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Handle: RePEc:taf:eujhet:v:9:y:2002:i:4:p:644-671




Template-Type: ReDIF-Article 1.0
Author-Name: Michel De Vroey 
Author-X-Name-First: Michel 
Author-X-Name-Last: De Vroey 
Title: The history of economic thought: the French way 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 672-687 
Issue: 4 
Volume: 9 
Year: 2002 
X-DOI: 10.1080/0967256021000024664 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256021000024664 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:9:y:2002:i:4:p:672-687




Template-Type: ReDIF-Article 1.0
Author-Name: Neri Salvadori 
Author-X-Name-First: Neri 
Author-X-Name-Last: Salvadori 
Title: Introduction 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 1-3 
Issue: 1 
Volume: 10 
Year: 2003 
X-DOI: 10.1080/0967256032000043760 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256032000043760 
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Handle: RePEc:taf:eujhet:v:10:y:2003:i:1:p:1-3




Template-Type: ReDIF-Article 1.0
Author-Name: Davide Fiaschi 
Author-X-Name-First: Davide 
Author-X-Name-Last: Fiaschi 
Author-Name: Rodolfo Signorino 
Author-X-Name-First: Rodolfo 
Author-X-Name-Last: Signorino 
Title: Consumption patterns, development and growth: Adam Smith, David Ricardo and Thomas Robert Malthus 
Abstract:
  In this paper we combine the classical analysis of luxury consumption
 with the classical theories of development and growth. We also focus on
 the role played, within classical economics, by institutional factors such
 as the structure of property rights and contractual arrangements in
 determining consumption patterns and investment in agriculture. In
 particular, we show that Ricardo's and Malthus' different views on the
 role of consumption expenditure in promoting growth depend on Ricardo's
 acceptance (Malthus' refusal) of Say's law of markets and on Ricardo's
 exclusion (Malthus' inclusion) of a non-commodity option such as leisure
 from (in) the range of available consumption alternatives. 
Journal: The European Journal of the History of Economic Thought 
Pages: 5-24 
Issue: 1 
Volume: 10 
Year: 2003 
Keywords: Structural Change, Long-run Growth, Consumption Pattern, Classical Authors, Luxury Consumption, Property Rights, 
X-DOI: 10.1080/0967256032000043779 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256032000043779 
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Handle: RePEc:taf:eujhet:v:10:y:2003:i:1:p:5-24




Template-Type: ReDIF-Article 1.0
Author-Name: Elise Brezis 
Author-X-Name-First: Elise 
Author-X-Name-Last: Brezis 
Author-Name: Warren Young 
Author-X-Name-First: Warren 
Author-X-Name-Last: Young 
Title: The new views on demographic transition: a reassessment of Malthus's and Marx's approach to population 
Abstract:
  The purpose of this paper is to examine the divergence of views of Marx
 and Malthus regarding the family and the labour market. The paper analyses
 the divergences between them, as well as their common features. The main
 divergence is the way in which the two see the interaction between man and
 nature. We show that their divergence of views, and the specific
 difference in perception of the two thinkers regarding the place of
 children in the family over time, is related to the alternate ways of
 modelling demographic transition today. We analyse the debate between
 these two lines of reasoning by means of a formal model that differentiate
 between the two views. 
Journal: The European Journal of the History of Economic Thought 
Pages: 25-45 
Issue: 1 
Volume: 10 
Year: 2003 
Keywords: Marx, Malthus, Social Classes, Fertility Rates, Capital, Proletariat, Child Labour, 
X-DOI: 10.1080/0967256032000043788 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256032000043788 
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Template-Type: ReDIF-Article 1.0
Author-Name: Carlos Ricoy 
Author-X-Name-First: Carlos 
Author-X-Name-Last: Ricoy 
Title: Marx on division of labour, mechanization and technical progress 
Abstract:
  The paper reconstructs Marx's analysis of the development of the forces
 of production in terms of the interaction among division of labour in
 particular processes of production, social division of labour and
 technical progress. It also brings out Marx's conception of technical
 progress and establishes his view of the essential interdependence among
 the development of the forces of production, the process of capital
 accumulation and the expansion of markets; it further brings out the role
 of competition as a fundamental driving force in the interrelated
 processes of accumulation and of development of the social productivity of
 labour. 
Journal: The European Journal of the History of Economic Thought 
Pages: 47-79 
Issue: 1 
Volume: 10 
Year: 2003 
Keywords: Marx, Division Of Labour, Technical Progress, Accumulation, Growth, Competition, 
X-DOI: 10.1080/0967256032000043797 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256032000043797 
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Handle: RePEc:taf:eujhet:v:10:y:2003:i:1:p:47-79




Template-Type: ReDIF-Article 1.0
Author-Name: Andrea Lavezzi 
Author-X-Name-First: Andrea 
Author-X-Name-Last: Lavezzi 
Title: Smith, Marshall and Young on division of labour and economic growth 
Abstract:
  The aim of this paper is to reconstruct the theory of division of labour
 and economic growth proposed by Adam Smith and developed by Alfred
 Marshall and Allyn Young. In their approach division of labour is the main
 engine of growth and plays a central role in capital accumulation and
 technological progress. We suggest that, according to their theory: 1)
 economic growth is endogenous; 2) it has the nature of a cumulative,
 path-dependent process; and 3) it can be described as a disequilibrium
 process, supported by competitive forces. We argue that these aspects make
 the contributions of Smith, Marshall and Young still insightful for the
 development of growth theory, even in the light of the modern approach of
 endogenous growth theory. 
Journal: The European Journal of the History of Economic Thought 
Pages: 81-108 
Issue: 1 
Volume: 10 
Year: 2003 
Keywords: Adam Smith, Alfred Marshall, Allyn Young, Division Of Labour, Economic Growth, New Growth Theory, 
X-DOI: 10.1080/0967256032000043805 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256032000043805 
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Template-Type: ReDIF-Article 1.0
Author-Name: Antonella Palumbo 
Author-X-Name-First: Antonella 
Author-X-Name-Last: Palumbo 
Author-Name: Attilio Trezzini 
Author-X-Name-First: Attilio 
Author-X-Name-Last: Trezzini 
Title: Growth without normal capacity utilization 
Abstract:
  Within the demand-led approach to growth, the long-period tendencies of
 quantities cannot be effectively studied through theoretical positions
 entailing normal utilization of capacity. Whether in the form of constant
 or of average normal utilization, this assumption contradicts the supposed
 autonomy of aggregate demand. Analysis of the operation of the adjustment
 of capacity to demand suggests that potentially offsetting forces make
 fully adjusted positions irrelevant. As quantities cannot be assumed to
 gravitate towards such positions, the relations between quantity variables
 determined on the normal utilization hypothesis provide a poor guide to
 the analysis of reality. 
Journal: The European Journal of the History of Economic Thought 
Pages: 109-135 
Issue: 1 
Volume: 10 
Year: 2003 
Keywords: Growth, Capacity Utilization, Keynesian Long-period Analysis, Accumulation, 
X-DOI: 10.1080/0967256032000043814 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256032000043814 
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Template-Type: ReDIF-Article 1.0
Author-Name: Attilio Trezzini 
Author-X-Name-First: Attilio 
Author-X-Name-Last: Trezzini 
Title: Book reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 137-172 
Issue: 1 
Volume: 10 
Year: 2003 
X-DOI: 10.1080/0967256032000043823 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256032000043823 
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Handle: RePEc:taf:eujhet:v:10:y:2003:i:1:p:137-172




Template-Type: ReDIF-Article 1.0
Author-Name: Cosimo Perrotta 
Author-X-Name-First: Cosimo 
Author-X-Name-Last: Perrotta 
Title: The legacy of the past: ancient economic thought on wealth and development 
Abstract:
  Ancient economic thought was in general hostile to enrichment and saw
 wealth as inner wealth. This attitude was coherent with an economy mainly
 closed and static, based on agriculture and on slave work. But also it
 greatly contributed to restrain economic development in ancient societies.
 Ancient economic thought had an enormous influence on early modern
 thought. The latter borrowed its hostility from enrichment, which
 contradicted the real tendency of the new society. Thus, from the
 beginning, modern economy could not enjoy the support of a high economic
 theory. It could not legitimate enrichment and the increase in
 consumption. 
Journal: The European Journal of the History of Economic Thought 
Pages: 177-229 
Issue: 2 
Volume: 10 
Year: 2003 
Keywords: Ancient Economy, Ancient Economic Thought, Enrichment, Increase In Consumption, Wealth, Progress, 
X-DOI: 10.1080/0967256032000066873 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256032000066873 
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Handle: RePEc:taf:eujhet:v:10:y:2003:i:2:p:177-229




Template-Type: ReDIF-Article 1.0
Author-Name: Jose Benitez-Rochel 
Author-X-Name-First: Jose 
Author-X-Name-Last: Benitez-Rochel 
Author-Name: Luis Robles-Teigeiro 
Author-X-Name-First: Luis 
Author-X-Name-Last: Robles-Teigeiro 
Title: The foundations of the Tableau Economique in Boisguilbert and Cantillon 
Abstract:
  The aim of this article is to demonstrate that, despite the evident
 differences in form which exist between the work of Boisguilbert and that
 of Cantillon, the two authors use a similar theoretical framework, which
 provide the basic principles of the Tableau Economique. More precisely, it
 will be argued that, in this matter at least, there is sufficient evidence
 to indicate that Cantillon was influenced by Boisguilbert to some degree. 
Journal: The European Journal of the History of Economic Thought 
Pages: 231-248 
Issue: 2 
Volume: 10 
Year: 2003 
Keywords: Boisguilbert, Cantillon, Tableau EConomique, Economic Circuit, 
X-DOI: 10.1080/0967256032000066882 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256032000066882 
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Handle: RePEc:taf:eujhet:v:10:y:2003:i:2:p:231-248




Template-Type: ReDIF-Article 1.0
Author-Name: Philippe Steiner 
Author-X-Name-First: Philippe 
Author-X-Name-Last: Steiner 
Title: Durkheim's sociology, Simiand's positive political economy and the German historical school 
Abstract:
  During the nineteenth century, French political economy eluded the
 historical method. In the light of such context, the way Emile Durkheim
 and Francois Simiand interpreted the contribution of the German historical
 school is worth considering. Following Durkheim's sociological approach,
 Simiand occupies center stage when it comes to examining how much this
 historical method has to offer to 'positive political economy' considered
 as an alternative to 'orthodox political economy' and to the new
 conception of economic history which was finding its way through the
 Annales' school. 
Journal: The European Journal of the History of Economic Thought 
Pages: 249-278 
Issue: 2 
Volume: 10 
Year: 2003 
Keywords: Economic History, Economic Sociology, Durkheimian School, FrancOis Simiand, 
X-DOI: 10.1080/0967256032000066891 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256032000066891 
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Handle: RePEc:taf:eujhet:v:10:y:2003:i:2:p:249-278




Template-Type: ReDIF-Article 1.0
Author-Name: Mario da Graca Moura 
Author-X-Name-First: Mario da Graca 
Author-X-Name-Last: Moura 
Title: Schumpeter on the integration of theory and history 
Abstract:
  This paper assesses Joseph Schumpeter's agenda for the integration of
 theory and history. On the basis of a critical realist conception of the
 nature of historical theory it is argued that Schumpeter's aims are at
 odds with his analytical strategy: his implicit ontology cannot be
 reconciled with his conception of theory. An illustration is provided as
 to how this mismatch is reproduced in Schumpeter's substantive attempts to
 integrate theory and history, and brief reflections are offered as to why
 this mismatch arose and endured. 
Journal: The European Journal of the History of Economic Thought 
Pages: 279-301 
Issue: 2 
Volume: 10 
Year: 2003 
Keywords: Schumpeter, Historical Economics, Methodology, Ontology, Critical Realism, 
X-DOI: 10.1080/0967256032000066909 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256032000066909 
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Template-Type: ReDIF-Article 1.0
Author-Name: Manuel Fernandez Lopez 
Author-X-Name-First: Manuel Fernandez 
Author-X-Name-Last: Lopez 
Title: Ugo Broggi: a precursor in mathematical economics 
Abstract:
  The concern for the existence of solution to the Walras - Cassel model is
 usually dated at the beginning of the 1930s, and one decade later the
 proof of existence of utility function. Ugo Broggi, however, posed both
 issues in 1923 and 1919, respectively, and even hinted at modern ways of
 solving them. He was an outstanding mathematician, a former disciple of
 David Hilbert and collaborator with the Giornale degli Economisti.
 Broggi's achievements are also linked to a critical reading of Osorio's
 treatise on Paretian economics. 
Journal: The European Journal of the History of Economic Thought 
Pages: 303-328 
Issue: 2 
Volume: 10 
Year: 2003 
Keywords: Existence Of General Equilibrium, Existence Of Utility Function, Wald's Conditions, AntoNio Horta OsoRio, Luigi Amoroso, Lausanne School, 
X-DOI: 10.1080/0967256032000066918 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256032000066918 
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Template-Type: ReDIF-Article 1.0
Author-Name: Rodolfo Signorino 
Author-X-Name-First: Rodolfo 
Author-X-Name-Last: Signorino 
Title: Rational vs historical reconstructions. A note on Blaug 
Abstract:
  The paper focuses on Blaug's distinction between rational and historical
 reconstruction within the historiography of economics. Blaug's distinction
 is shown to be sterile and misleading and his definitions of no avail to
 clear thinking. Historical reconstruction (as defined by Blaug) is en
 empty box for reasons which are basically theoretical and not simply
 practical (as Blaug seems to hold). Moreover, Blaug's primary polemical
 target is Whig historiography and not rational reconstruction: the two
 concepts coincide only by means of an ad hoc definition. Blaug's criticism
 does not apply to other uses of the concept of rational reconstruction
 such as that proposed by Lakatos. 
Journal: The European Journal of the History of Economic Thought 
Pages: 329-338 
Issue: 2 
Volume: 10 
Year: 2003 
Keywords: Rational And Historical Reconstructions, Whig Historiography, Multiple Interpretations Of Past Economics, 
X-DOI: 10.1080/0967256032000066927 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256032000066927 
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Template-Type: ReDIF-Article 1.0
Author-Name: Rodolfo Signorino 
Author-X-Name-First: Rodolfo 
Author-X-Name-Last: Signorino 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 339-370 
Issue: 2 
Volume: 10 
Year: 2003 
X-DOI: 10.1080/0967256032000066936 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256032000066936 
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Template-Type: ReDIF-Article 1.0
Author-Name: Arnaud Orain 
Author-X-Name-First: Arnaud 
Author-X-Name-Last: Orain 
Title: Decline and progress: the economic agent in Condillac's theory of history 
Abstract:
  In the conception of history of the abbe de Condillac, one thing is
 really original. He establishes a causal relation between the functioning
 of the human mind and the history of societies. First, the understanding
 of humankind is not disordered: society develops, stages follow one
 another. But the commercial stage leads societies to divide into classes,
 the landowners are interested only in frivolous, luxurious objects: they
 have become denatured. Their behaviour entails society in a long phase of
 decline. However, this course is not inevitable. Condillac wishes to
 reform the individual in order to modify society and he proposes economic
 safeguards capable of reducing disparities. Life is simple, but history is
 not halted. 
Journal: The European Journal of the History of Economic Thought 
Pages: 379-407 
Issue: 3 
Volume: 10 
Year: 2003 
X-DOI: 10.1080/0967256032000106661 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256032000106661 
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Template-Type: ReDIF-Article 1.0
Author-Name: Jean Cartelier 
Author-X-Name-First: Jean 
Author-X-Name-Last: Cartelier 
Title: Productive activities and the wealth of nations: some reasons for Quesnay's failure and Smith's success 
Abstract:
  The opposition between productive activity (agriculture) and unproductive
 ones (the others) underlies the Tableau economique. Smith borrows
 Quesnay's theory of production but deeply transforms it into a distinction
 between productive and unproductive labour. In any case, it seems quite
 natural to relate the increase of the wealth of a nation to the relative
 importance of productive activities vis-a-vis unproductive ones. Quesnay
 and Smith both share this view. However, if Smith is perfectly right in
 doing so, Quesnay has failed to prove a definite relation between the
 fraction of the revenue spent with respect to the productive sector, on
 the one hand, and the level or growth of the revenue, on the other.
 Differences in political philosophy may account for this unequal
 analytical performance. 
Journal: The European Journal of the History of Economic Thought 
Pages: 409-427 
Issue: 3 
Volume: 10 
Year: 2003 
X-DOI: 10.1080/0967256032000106670 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256032000106670 
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Handle: RePEc:taf:eujhet:v:10:y:2003:i:3:p:409-427




Template-Type: ReDIF-Article 1.0
Author-Name: Antoin Murphy 
Author-X-Name-First: Antoin 
Author-X-Name-Last: Murphy 
Title: Paper credit and the multi-personae Mr. Henry Thornton 
Abstract:
  The bicentenary celebration of the publication of Henry Thornton's An
 Enquiry into the Nature and Effects of the Paper Credit of Great Britain
 (1802) presents an appropriate time for a reconsideration of this great
 work on monetary economics. This paper highlights Thornton's criticisms of
 Adam Smith along with the importance that Thornton attached to the lender
 of last resort role of the Bank of England. It suggests that there are
 three Mr. Thorntons who appear in Paper Credit. The first is the concerned
 anti-inflationist of the first section. The second is the worried
 anti-inflationist of the second section of the book. Besides these, there
 may be a third Mr. Thornton. This persona was that of the practical banker
 who understood the new emerging financial architecture that had resulted
 in paper credit supplanting metallic money. Thornton understood this new
 transformation of the monetary system. It is conjectured that the
 existence of the usury laws, inter alia, may have prevented Thornton from
 fully investigating the possibility of the UK moving to a specie-less
 system. 
Journal: The European Journal of the History of Economic Thought 
Pages: 429-453 
Issue: 3 
Volume: 10 
Year: 2003 
X-DOI: 10.1080/0967256032000106689 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256032000106689 
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Handle: RePEc:taf:eujhet:v:10:y:2003:i:3:p:429-453




Template-Type: ReDIF-Article 1.0
Author-Name: Olivier Brette 
Author-X-Name-First: Olivier 
Author-X-Name-Last: Brette 
Title: Thorstein Veblen's theory of institutional change: beyond technological determinism 
Abstract:
  The article presents a reappraisal of Veblen's theory of institutional
 change challenging the thesis of technological determinism, supported by
 some commentators of Veblen. According to this latter interpretation,
 Veblen would consider institutional change as stemming from an exogenous
 transformation of the material and technical environment. But such a
 thesis disregards the significance of cultural determinism in Veblen's
 system. Taking this into account leads to argue that Veblen analyses
 institutional change as an emergent effect of the dynamics of interactions
 between instincts, institutions and the infrastructural conditions.
 Finally, Veblen's theory of institutional change proves consistent with
 his research programme, aiming at producing a cumulative and
 on-teleological theory of institutional evolution, a theory in which
 behavioural determinants of human beings would be the main explicative
 variables. 
Journal: The European Journal of the History of Economic Thought 
Pages: 455-477 
Issue: 3 
Volume: 10 
Year: 2003 
X-DOI: 10.1080/0967256032000106698 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256032000106698 
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Template-Type: ReDIF-Article 1.0
Author-Name: Arrigo Opocher 
Author-X-Name-First: Arrigo 
Author-X-Name-Last: Opocher 
Title: 'Interrelated prices' and Sraffa's critique of partial equilibrium 
Abstract:
  The early Marshallian literature recognized that, in most significant
 cases, long-period equilibrium analysis must consider families of
 interdependent markets which are in direct relation with each other. This
 perspective, which is different from both standard partial equilibrium and
 general equilibrium analysis, was developed mainly by two Italian authors,
 Maffeo Pantaleoni (1857-1924) and Marco Fanno (1878-1964). This paper is
 aimed at showing that this 'interrelated prices' literature has some
 points of contact with Piero Sraffa's critique of partial equilibrium
 analysis. It is argued that Sraffa places the case of a Marshallian
 decreasing returns industry in a context (rivalry for the use of a common
 factor in fixed supply) which was familiar to Pantaleoni-Fanno: both
 maintain that the markets involved are interdependent, even though they
 evaluate differently the possibility of a sensible equilibrium analysis. 
Journal: The European Journal of the History of Economic Thought 
Pages: 479-496 
Issue: 3 
Volume: 10 
Year: 2003 
X-DOI: 10.1080/0967256032000106706 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256032000106706 
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Handle: RePEc:taf:eujhet:v:10:y:2003:i:3:p:479-496




Template-Type: ReDIF-Article 1.0
Author-Name: Arrigo Opocher 
Author-X-Name-First: Arrigo 
Author-X-Name-Last: Opocher 
Title: Book Reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 497-516 
Issue: 3 
Volume: 10 
Year: 2003 
X-DOI: 10.1080/0967256032000106715 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256032000106715 
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Handle: RePEc:taf:eujhet:v:10:y:2003:i:3:p:497-516




Template-Type: ReDIF-Article 1.0
Author-Name: Robert Leonard 
Author-X-Name-First: Robert 
Author-X-Name-Last: Leonard 
Title: Mini-symposium on economics and visual representation 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 525-526 
Issue: 4 
Volume: 10 
Year: 2003 
X-DOI: 10.1080/0967256032000137694 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256032000137694 
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Handle: RePEc:taf:eujhet:v:10:y:2003:i:4:p:525-526




Template-Type: ReDIF-Article 1.0
Author-Name: Loic Charles 
Author-X-Name-First: Loic 
Author-X-Name-Last: Charles 
Title: The visual history of the Tableau Economique 
Abstract:
  This article looks at the history of the Tableau Economique from a visual
 point of view. It shows that Quesnay invented the Tableau to formalize
 visually his economic theory, and that he used different versions of the
 Tableau ('Zigzag', 'Precis' and 'Formule') for reasons of visual
 rhetorics. Accordingly, the visual history of the Tableau clarifies
 several problems identified by previous 'ecommentors'. The paper concludes
 that the history of the Tableau as an image cannot be equated with that of
 Quesnay's abstract economic model without missing the Tableau Economique's
 raison d'etre. 
Journal: The European Journal of the History of Economic Thought 
Pages: 527-550 
Issue: 4 
Volume: 10 
Year: 2003 
Keywords: Analogy, formalization, Francois Quesnay, Tableau Economique, visuals, 
X-DOI: 10.1080/0967256032000137702 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256032000137702 
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Handle: RePEc:taf:eujhet:v:10:y:2003:i:4:p:527-550




Template-Type: ReDIF-Article 1.0
Author-Name: Neil De Marchi 
Author-X-Name-First: Neil 
Author-X-Name-Last: De Marchi 
Title: Visualizing the gains from trade, mid-1870s to 1962 
Abstract:
  Visualization in economics was common, and in trade theory almost a
 primary mode of analysis and demonstration from the late 19th century
 until the 1960s. Why? This paper presents two versions of the gains from
 trade notion that have come to us in visual form, one due to Marshall, the
 other to Viner and Samuelson. The two are very different, a fact better
 understood against a backdrop of recent neurological research on
 visualization. A key finding of that work is that our ability to conceive
 and recognize forms depends on forms previously seen and stored in the
 brain. Early exposure and nurturing matter greatly. The research also
 stresses that there is no basis for distinguishing between seeing and
 understanding. A satisfactory answer to the 'Why?' question thus requires
 that we attend to audiences and their capabilities, some hints concerning
 which are offered here. 
Journal: The European Journal of the History of Economic Thought 
Pages: 551-572 
Issue: 4 
Volume: 10 
Year: 2003 
Keywords: Gains from trade, welfare economies, envelope curves, utility possibilities frontier, visual capabilities, seeing and understanding, 
X-DOI: 10.1080/0967256032000137711 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256032000137711 
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Template-Type: ReDIF-Article 1.0
Author-Name: Laurent Derobert 
Author-X-Name-First: Laurent 
Author-X-Name-Last: Derobert 
Author-Name: Guillaume Thieriot 
Author-X-Name-First: Guillaume 
Author-X-Name-Last: Thieriot 
Title: The Lorenz curve as an archetype: A historico-epistemological study 
Abstract:
  In 1905, Max O. Lorenz suggested a simple method of measuring the
 concentration of wealth, based on the visual representation of income
 distribution. The Lorenz curve is now very popular and can be considered
 as canonical. However, the path leading from Lorenz's original work to
 contemporary interpretations of his graph has been anything but simple. We
 thus propose to trace the origin, the evolution and the various subsequent
 interpretations of the Lorenz graph. We argue that the original Lorenz
 curve has been shifted in epistemological status as well as inverted in
 graphic appearance. 
Journal: The European Journal of the History of Economic Thought 
Pages: 573-585 
Issue: 4 
Volume: 10 
Year: 2003 
Keywords: Archetype, concentration of wealth, epistemiology, images, Lorenz, Lorenz curve, welfare economics, 
X-DOI: 10.1080/0967256032000137720 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256032000137720 
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Handle: RePEc:taf:eujhet:v:10:y:2003:i:4:p:573-585




Template-Type: ReDIF-Article 1.0
Author-Name: Mikael Stenkula 
Author-X-Name-First: Mikael 
Author-X-Name-Last: Stenkula 
Title: Carl Menger and the network theory of money 
Abstract:
  Carl Menger has occasionally been cited as a forerunner to the network
 theory of money. This article analyses Carl Menger's monetary theory and
 evaluates whether he was aware of the network characteristic of money from
 a retrospective angle. The result is mixed. Menger is one of the first to
 discuss the marketability and liquidity of an asset, which in German he
 denotes Absatzfahigkeit. This concept has a strong connection with the
 network aspect of a commodity. However, he is not distinct enough in his
 analysis and there is a lack of depth in his understanding. 
Journal: The European Journal of the History of Economic Thought 
Pages: 587-606 
Issue: 4 
Volume: 10 
Year: 2003 
Keywords: Money, network externality, Carl Menger, 
X-DOI: 10.1080/0967256032000137737 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256032000137737 
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Template-Type: ReDIF-Article 1.0
Author-Name: Mark Blaug 
Author-X-Name-First: Mark 
Author-X-Name-Last: Blaug 
Title: Rational vs historical reconstruction - a counter-note on Signorino's note on Blaug 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 607-608 
Issue: 4 
Volume: 10 
Year: 2003 
X-DOI: 10.1080/0967256032000137748 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256032000137748 
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Template-Type: ReDIF-Article 1.0
Author-Name: Rodolfo Signorino 
Author-X-Name-First: Rodolfo 
Author-X-Name-Last: Signorino 
Title: A rejoinder 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 609-610 
Issue: 4 
Volume: 10 
Year: 2003 
X-DOI: 10.1080/0967256032000137757 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256032000137757 
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Handle: RePEc:taf:eujhet:v:10:y:2003:i:4:p:609-610




Template-Type: ReDIF-Article 1.0
Author-Name: Alexander Field 
Author-X-Name-First: Alexander 
Author-X-Name-Last: Field 
Title: Mirowski's Machine Dreams 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 611-622 
Issue: 4 
Volume: 10 
Year: 2003 
X-DOI: 10.1080/0967256032000137766 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256032000137766 
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Template-Type: ReDIF-Article 1.0
Author-Name: Jimena Hurtado Prieto 
Author-X-Name-First: Jimena Hurtado 
Author-X-Name-Last: Prieto 
Title: Bernard Mandeville's heir: Adam Smith or Jean Jacques Rousseau on the possibility of economic analysis  
Abstract:
  In this paper I argue that Bernard Mandeville, Jean Jacques Rousseau and
 Adam Smith are confronted to the same question: how to explain values from
 a naturalistic origin of morality. An in-depth analysis of their theories
 of human nature and market society will show that Rousseau is further from
 Mandeville's analysis than Smith acknowledged, and it is Smith who will in
 fact take important elements from Mandeville to build his own theoretical
 system and, thereby, follow the path of economic analysis beyond moral
 considerations. 
Journal: The European Journal of the History of Economic Thought 
Pages: 1-31 
Issue: 1 
Volume: 11 
Year: 2004 
Keywords: Bernard Mandeville, Adam Smith, Jean Jacques Rousseau, economic agent, moral philosophy, 
X-DOI: 10.1080/0967256032000171489 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256032000171489 
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Template-Type: ReDIF-Article 1.0
Author-Name: Takeshi Nakano 
Author-X-Name-First: Takeshi 
Author-X-Name-Last: Nakano 
Title: Hegel's theory of economic nationalism: political economy in the Philosophy of Right  
Abstract:
  The author explores Hegel's theory of economic nationalism in the
 Philosophy of Right. In that work, Hegel incorporates economics within a
 systematic theory of the nation-state. Hegel argues that both capitalism
 and nationalism are the products of the state, which emancipates human
 capacities by founding and securing individual rights. Capitalism,
 however, is an inherently self contradictory social phenomenon to which
 Hegel responds in a sophisticated manner, one eschewing those economic
 ideologies which subsequently dominated modern economic thought. Moreover,
 his response differs fundamentally from other supposed defenders of
 economic nationalism. Unlike the rationalist Fichte, that other great
 German defender of a national economics, Hegel paves the way to a
 scientific understanding of the relationship between the modern economy
 and the nation-state, in other words, a theory of economic nationalism. 
Journal: The European Journal of the History of Economic Thought 
Pages: 33-52 
Issue: 1 
Volume: 11 
Year: 2004 
Keywords: Economic nationalism, interpretation, subjective will, the corporation, Fichte, 
X-DOI: 10.1080/0967256032000171498 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256032000171498 
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Template-Type: ReDIF-Article 1.0
Author-Name: Andres Alvarez 
Author-X-Name-First: Andres 
Author-X-Name-Last: Alvarez 
Title: Learning to choose a commodity-money: Carl Menger's theory of imitation and the search monetary framework  
Abstract:
  This paper studies Carl Menger's theory of the emergence of a commodity
 money. We propose an interpretation of Menger's learning by imitation
 process based on the search theoretical formal framework. We show that
 there exists a tension between the importance of intrinsic properties of
 commodities and the pure conventional self-fulfilling expectations of
 agents. This confirms the role of imitation in the emergence of monetary
 equilibria in search theory. We conclude that Menger's approach may
 support the idea that the fundamental property of a commodity-money
 (namely its great liquidity) is the result of its emergence process and
 not necessarily of its original intrinsic properties. 
Journal: The European Journal of the History of Economic Thought 
Pages: 53-78 
Issue: 1 
Volume: 11 
Year: 2004 
Keywords: Carl Menger, search, money, evolution, imitation, 
X-DOI: 10.1080/0967256032000171506 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256032000171506 
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Template-Type: ReDIF-Article 1.0
Author-Name: Miguel Angel Duran 
Author-X-Name-First: Miguel Angel 
Author-X-Name-Last: Duran 
Author-Name: Manuel Montalvo 
Author-X-Name-First: Manuel 
Author-X-Name-Last: Montalvo 
Title: An example of untranslatability: the conceptual structures of Marshall's and Keynes' conceptions of investment  
Abstract:
  This essay discusses the following two hypotheses. The first one is based
 on the epistemological proposal which we have named the principle of
 discontinuity. It asserts that certain developments in the history of
 economic thought involve theoretical breaks which can only be fully
 explained by making use of the concept of discontinuity. The second
 hypothesis concerns one of the consequences drawn from the principle of
 discontinuity, namely, the untranslatability of concepts. Besides other
 theories to which reference is made by way of examples of specific
 conclusions regarding the principle of discontinuity, the conceptual
 structures of Marshall's and Keynes' conceptions of the determinants of
 investment are analysed and compared with the aim of illustrating the
 aforementioned hypotheses. 
Journal: The European Journal of the History of Economic Thought 
Pages: 79-106 
Issue: 1 
Volume: 11 
Year: 2004 
Keywords: History of economic thought, economic methodology, Keynes, Marshall, neoclassical economics, investment, 
X-DOI: 10.1080/0967256032000171515 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256032000171515 
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Handle: RePEc:taf:eujhet:v:11:y:2004:i:1:p:79-106




Template-Type: ReDIF-Article 1.0
Author-Name: Roger Backhouse 
Author-X-Name-First: Roger 
Author-X-Name-Last: Backhouse 
Title: History of economics, economics and economic history in Britain, 1824&#x200a;-&#x200a;2000  
Abstract:
  This paper tells the story of the field of the history of economic
 thought in relation to the changing boundaries between the disciplines of
 economics and economic history. The most important period was the late
 nineteenth century when, after a couple of decades during which both
 economists and historians took an interest in the history of economic
 ideas, both disciplines stabilized in ways that left no room for it.
 Despite the emergence of the history of economic thought as a recognizable
 field within economics, it was progressively marginalized within the
 broader profession. 
Journal: The European Journal of the History of Economic Thought 
Pages: 107-127 
Issue: 1 
Volume: 11 
Year: 2004 
Keywords: Economics, economic history, history, history of economics, Britain, 
X-DOI: 10.1080/0967256032000171524 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256032000171524 
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Template-Type: ReDIF-Article 1.0
Author-Name: Pascal Bridel 
Author-X-Name-First: Pascal 
Author-X-Name-Last: Bridel 
Author-Name: Christophe Salvat 
Author-X-Name-First: Christophe 
Author-X-Name-Last: Salvat 
Title: Reason and sentiments: review of Emma Rothschild's Economic Sentiments: Adam Smith, Condorcet and the Enlightenment  
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 131-145 
Issue: 1 
Volume: 11 
Year: 2004 
X-DOI: 10.1080/0967256032000171542 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256032000171542 
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Template-Type: ReDIF-Article 1.0
Author-Name: Walter Eltis 
Author-X-Name-First: Walter 
Author-X-Name-Last: Eltis 
Title: Emma Rothschild on economic sentiments: and the true Adam Smith 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 147-159 
Issue: 1 
Volume: 11 
Year: 2004 
X-DOI: 10.1080/0967256032000171551 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256032000171551 
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Template-Type: ReDIF-Article 1.0
Author-Name: Peter Law 
Author-X-Name-First: Peter 
Author-X-Name-Last: Law 
Title: Samuel Johnson on consumer demand, status, and positional goods  
Abstract:
  Samuel Johnson's ideas on consumer behaviour reflect his interest in the
 psychology of pleasure, in a society where middling groups were seeking to
 assert and enhance their standing. '[D]esires which arise from the
 comparison of our condition with that of others', and desire for novel
 items of consumption are central elements in Johnson's thought.
 Advertising, sales of complementary goods, and the activity of collecting,
 provide examples and special cases. Johnson was aware of some key aspects
 of the concept of a positional good. 'Owning a private island' is
 identified as an important example of a positional good for Johnson. 
Journal: The European Journal of the History of Economic Thought 
Pages: 183-207 
Issue: 2 
Volume: 11 
Year: 2004 
Keywords: Samuel Johnson, consumer demand, status, positional goods, islands, 
X-DOI: 10.1080/0967256042000209242 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256042000209242 
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Template-Type: ReDIF-Article 1.0
Author-Name: Tiziano Raffaelli 
Author-X-Name-First: Tiziano 
Author-X-Name-Last: Raffaelli 
Title: Whatever happened to Marshall's industrial economics?  
Abstract:
  Industry and Trade and the works on industrial economics by the Cambridge
 school - Chapman, Macgregor, Robertson, Lavington, A. Robinson and
 Florence - are usually neglected as if they were devoid of theoretical
 relevance. By contrast, the author argues that Marshall's evolutionary
 model, centred on the continuous interplay between innovation and
 standardization, inspired original research on localization, business
 size, coordination costs and industrial combinations. The paper also
 suggests that Marshallian ideas on the growth of firms and the structure
 of industrial organization are coming back in contemporary evolutionary
 theories of the firm. 
Journal: The European Journal of the History of Economic Thought 
Pages: 209-229 
Issue: 2 
Volume: 11 
Year: 2004 
Keywords: The Cambridge School, industrial organization, coordination costs, business size, innovation, standardization, 
X-DOI: 10.1080/0967256042000209251 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256042000209251 
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Template-Type: ReDIF-Article 1.0
Author-Name: Vincent Barnett 
Author-X-Name-First: Vincent 
Author-X-Name-Last: Barnett 
Title: Historical political economy in Russia, 1870&#x200a;-&#x200a;1913  
Abstract:
  This article hypothesizes the existence of a Russian strand of historical
 political economy in the period 1870 to 1913, in parallel with the more
 famous German and Irish examples. To substantiate this claim the works of
 various pre-revolutionary Russian economists are surveyed as short case
 studies, including that of I.K. Babst, A.I. Chuprov, I.Kh. Ozerov and D.I.
 Mendeleev. Moreover various common themes are identified in their work and
 also in comparison with the work of established historical economists such
 as Roscher and Schmoller. The Bolshevik revolution in 1917 is then
 conceived as a point of rupture in the natural evolution of Russian
 economic theory. 
Journal: The European Journal of the History of Economic Thought 
Pages: 231-253 
Issue: 2 
Volume: 11 
Year: 2004 
Keywords: Historical political economy, cultural and institutional economics, pre-revolutionary Russian economics, Russian history before 1917, 
X-DOI: 10.1080/0967256042000209260 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256042000209260 
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Handle: RePEc:taf:eujhet:v:11:y:2004:i:2:p:231-253




Template-Type: ReDIF-Article 1.0
Author-Name: Atsushi Komine 
Author-X-Name-First: Atsushi 
Author-X-Name-Last: Komine 
Title: The making of Beveridge's Unemployment (1909): three concepts blended  
Abstract:
  The aim of this paper is to re-examine William Henry Beveridge's
 (1879&#x200a;-&#x200a;1963) early ideas on unemployment. After developing
 through three phases ('from the unemployable to the unemployed', 'from the
 unemployed to unemployment', and 'perfection of the labour market'),
 Beveridge finally accomplished a coherent package of remedies for
 unemployment: labour exchanges with National Insurance on the basis of the
 living wage principle (previously unexplored but evident through his
 work). These three concepts, perfectly blended, formed his original and
 unique standpoint. By analysing this development of ideas, we can position
 Beveridge's doctrine of unemployment more appropriately in the history of
 economic thought. 
Journal: The European Journal of the History of Economic Thought 
Pages: 255-280 
Issue: 2 
Volume: 11 
Year: 2004 
Keywords: Beveridge, labour exchanges, insurance against unemployment, the National Minimum, 1903&#x200a;-&#x200a;1909, 
X-DOI: 10.1080/0967256042000209279 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256042000209279 
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Template-Type: ReDIF-Article 1.0
Author-Name: Arnold Heertje 
Author-X-Name-First: Arnold 
Author-X-Name-Last: Heertje 
Title: The Dutch and Portuguese-Jewish background of David Ricardo 
Abstract:
  This article deals with the Dutch and Portuguese-Jewish background of
 David Ricardo. The important pieces of information, found in the Amsterdam
 municipal archives, on the one hand correct, and on the other complement,
 the data presented by P. Sraffa. Recently, new evidence has been found on
 Ricardo's stay in Amsterdam in the years 1783&#x200a;-&#x200a;85. This
 evidence throws new light on Ricardo's relationship with his uncle Moses
 in Amsterdam. It is shown that his formal education was poor, but that his
 informal education may have been rich. The question of whether Ricardo
 visited the famous Talmud Tora in Amsterdam is settled in the negative. 
Journal: The European Journal of the History of Economic Thought 
Pages: 281-294 
Issue: 2 
Volume: 11 
Year: 2004 
Keywords: David Ricardo, deductive, Dutch background, Portuguese-Jewish community, Ricardo's education, reasoning and the synagogue, 
X-DOI: 10.1080/0967256042000209288 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256042000209288 
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Handle: RePEc:taf:eujhet:v:11:y:2004:i:2:p:281-294




Template-Type: ReDIF-Article 1.0
Author-Name: Lluis Barbe 
Author-X-Name-First: Lluis 
Author-X-Name-Last: Barbe 
Title: Francis Ysidro Edgeworth's Catalan grandfather 
Abstract:
  Based on a 1831 note by Lord Holland, Sir John Hicks incorrectly
 concluded in a 1984 article that the maternal grandfather of Francis
 Ysidro Edgeworth, General Antonio Eroles, 'a political refugee from
 Catalonia' according to Keynes (1926), was a close relative of the Baron
 of Eroles. In this article, new information from Spanish and Irish sources
 about Antonio Eroles and his family is presented. It includes his birth
 place and day and it details his activities during the period
 1823&#x200a;-&#x200a;34. As a consequence of this information, Lord
 Holland and Sir John Hicks' speculations are refuted. 
Journal: The European Journal of the History of Economic Thought 
Pages: 295-307 
Issue: 2 
Volume: 11 
Year: 2004 
Keywords: F.Y. Edgeworth, J.R. Hicks, Lord Holland, M. Edgeworth, Neoclassical Economists, XIXth c. Spanish history, 
X-DOI: 10.1080/0967256042000209297 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256042000209297 
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Handle: RePEc:taf:eujhet:v:11:y:2004:i:2:p:295-307




Template-Type: ReDIF-Article 1.0
Author-Name: Marco EL Guidi 
Author-X-Name-First: Marco EL 
Author-X-Name-Last: Guidi 
Title: Introduction 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 341-343 
Issue: 3 
Volume: 11 
Year: 2004 
X-DOI: 10.1080/0967256042000246458 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256042000246458 
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Template-Type: ReDIF-Article 1.0
Author-Name: Richard Sturn 
Author-X-Name-First: Richard 
Author-X-Name-Last: Sturn 
Title: The sceptic as an economist's philosopher? Humean utility as a positive principle 
Abstract:
  Whereas in philosophy David Hume was long regarded as a negative thinker
 to be criticized rather than read, many thinkers interested in social and
 economic theory from Adam Smith onwards found key concepts, distinctions
 and problems as developed by Hume useful and inspiring. This applies not
 only to his seminal contributions to technical problems in economics. It
 is argued that the way in which Hume employed 'utility as a positive
 principle' (most notably in his 'experimental' moral theory) is of pivotal
 importance in this context. It allows for: distinguishing between internal
 motifs and external circumstances and constraints; and for making explicit
 the abstract logic of social interaction structures, mechanisms and
 processes. Both are necessary conditions for employing the logic of social
 situations and mechanisms in the explanation of social institutions and
 economic processes. It moreover prepares the ground for the use of
 simplified or cartoon-like models of individual agency in economic and
 social theory, but also for its critique. On this basis, Hume's influence
 on various strands of social and economic thought, but also the specific
 differences with regard to more 'rationalistic' approaches (such as
 Hobbesianism or important versions of neoclassical economics) can be
 assessed more clearly. 
Journal: The European Journal of the History of Economic Thought 
Pages: 345-375 
Issue: 3 
Volume: 11 
Year: 2004 
Keywords: David Hume, utility, utilitarianism, homo oeconomicus, instrumental rationality, general principles, explanatory social theory, mechanism and process, methodology, 
X-DOI: 10.1080/0967256042000246467 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256042000246467 
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Template-Type: ReDIF-Article 1.0
Author-Name: Sergio Cremaschi 
Author-X-Name-First: Sergio 
Author-X-Name-Last: Cremaschi 
Title: Ricardo and the Utilitarians 
Abstract:
  The paper discusses Ricardo's relationship to Mill and Bentham. It
 discusses first the origins of the myth of Ricardo's dependence from
 Bentham through Mill, and Halevy's contribution to the freezing of such a
 myth. The paper reconstructs what were their shared political commitments
 and activities and the kind of specific political views and agenda that
 may be ascribed to Ricardo himself. The paper then discusses the question
 of Ricardo's adhesion to Benthamite ethics. It examines fragments in
 Ricardo's correspondence with Maria Edgeworth and Francis Place, and adds
 fresh light on the issue by highlighting the partial overlapping between
 Bentham's ethics and the kind of intuitionism with theological
 consequentialism that Ricardo had learned from the Unitarian minister,
 Thomas Belsham. 
Journal: The European Journal of the History of Economic Thought 
Pages: 377-403 
Issue: 3 
Volume: 11 
Year: 2004 
Keywords: David Ricardo, Jeremy Bentham, James Mill, utilitarianism, utility, value, methodology, 
X-DOI: 10.1080/0967256042000246476 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256042000246476 
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Handle: RePEc:taf:eujhet:v:11:y:2004:i:3:p:377-403




Template-Type: ReDIF-Article 1.0
Author-Name: Marco EL Guidi 
Author-X-Name-First: Marco EL 
Author-X-Name-Last: Guidi 
Title: 'My Own Utopia'. The economics of Bentham's Panopticon 
Abstract:
  The paper analyses Bentham's theory of the economic management of the
 Panopticon prison he projected in 1786 and which was approved by the
 British Parliament in 1794, but never constructed. Its focus is on the
 economic arguments employed to justify the principles of management, most
 of which amount to the modern economic notions of market policies and
 principal-agent relationships. Bentham's way of conceiving these notions
 can be summarized in the problem of the junction of interest and duty.
 This paper shows that many modern notions concerning the economics of
 organizations and public economics are clearly foreshadowed, and sometimes
 even explicitly formulated, in Bentham's writings on prison management.
 Bentham was conscious of the important economic dimension of the
 Panopticon scheme and was persuaded, albeit illusorily, that an accurate
 economic theory of its management could favour its approval. Well before
 Charles Babbage's On the Economy of Machinery and Manufactures (1832), he
 went into a detailed theoretical analysis of the requirements and dilemmas
 of a complex economic organization oriented towards the joint fulfilment
 of the goals of a variety of stakeholders: taxpayers, the government,
 contract managers, keepers, taskmasters, subcontractors and prisoners. He
 also recognized that some institutional limits must be opposed to
 profit-oriented management in order to preserve the life, health and
 mental equilibrium of subordinates. 
Journal: The European Journal of the History of Economic Thought 
Pages: 405-431 
Issue: 3 
Volume: 11 
Year: 2004 
Keywords: Jeremy Bentham, Panopticon, history of management theories, principal-agent relationship, 
X-DOI: 10.1080/0967256042000246485 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256042000246485 
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Handle: RePEc:taf:eujhet:v:11:y:2004:i:3:p:405-431




Template-Type: ReDIF-Article 1.0
Author-Name: Luigino Bruni 
Author-X-Name-First: Luigino 
Author-X-Name-Last: Bruni 
Title: The 'Happiness transformation problem' in the Cambridge tradition 
Abstract:
  The paper claims that in the leaders of the Cambridge tradition of
 economics the issue of the 'happiness transformation problem', i.e. how
 wealth becomes well-being, was a central point. In particular, the author
 shows that from Malthus to Pigou this economic tradition paid special
 attention to non-economic domains important for human happiness and that
 are affected by market choices. Marshall is seen as the bridge between the
 classical reflection on happiness in the eighteenth century and the recent
 debates on the 'paradoxes of happiness', an issue that is becoming more
 and more important, not only in moral philosophy, but also in economics. 
Journal: The European Journal of the History of Economic Thought 
Pages: 433-451 
Issue: 3 
Volume: 11 
Year: 2004 
Keywords: Happiness, well-being, Cambridge tradition, Marshall, 
X-DOI: 10.1080/0967256042000246494 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256042000246494 
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Handle: RePEc:taf:eujhet:v:11:y:2004:i:3:p:433-451




Template-Type: ReDIF-Article 1.0
Author-Name: Sandra Peart 
Author-X-Name-First: Sandra 
Author-X-Name-Last: Peart 
Author-Name: David Levy 
Author-X-Name-First: David 
Author-X-Name-Last: Levy 
Title: Sympathy and its discontents: 'Greatest happiness' versus the 'general good' 
Abstract:
  The paper explicates the utilitarian principle of sympathy in terms of
 the shape of what has been called the 'sympathetic gradient', which
 determines the allocation of goods to those close by and afar. It examines
 challenges to the utilitarian impartial weighting scheme that emerged in
 the literary community, and from evolutionary biology. As sympathy came to
 be seen as an impediment to evolutionary perfection, voices urged that
 sympathy be suppressed. Darwin's Descent of Man explicitly countenanced
 the suppression of sympathy in a trade-off of happiness for the perfection
 of the race. A post-Darwinian argument concerning a different capacity for
 pleasure accompanied the demise of sympathy in utilitarian economic
 analysis. Utilitarians then moved from the early presumption of 'everyone
 to count for one' to counting 'every equal increment of pleasure' equally. 
Journal: The European Journal of the History of Economic Thought 
Pages: 453-478 
Issue: 3 
Volume: 11 
Year: 2004 
Keywords: Darwin, Edgeworth, evolutionary biology, eugenics, greatest happiness principle, sympathy, 
X-DOI: 10.1080/0967256042000246502 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256042000246502 
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Template-Type: ReDIF-Article 1.0
Author-Name: Gloria Vivenza 
Author-X-Name-First: Gloria 
Author-X-Name-Last: Vivenza 
Title: Renaissance Cicero. The 'economic' virtues of >emph type="2">De Officiis>/emph> I, 22 in some sixteenth century commentaries 
Abstract:
  The article concentrates on some commentaries on Cicero's passage of De
 Officiis I: 22. Extolling the solidarity of human society, Cicero stresses
 its utilitarian aspects, illustrating the common bond of mutual advantage
 provided by collaboration and exchange of goods and services. The Italian
 commentators, especially Pietro Marso, give special emphasis to an
 economic interpretation of this passage, in the light of some Aristotelian
 concepts about money and exchange. According to whether utilities or
 benefits are concerned, a double interpretation of exchange emerges,
 connected with the concept of distributive justice which applies both to
 beneficence/charity and to the allocation of privileges. 
Journal: The European Journal of the History of Economic Thought 
Pages: 507-523 
Issue: 4 
Volume: 11 
Year: 2004 
Keywords: Exchange, utility, society, distributive justice, commerce, common good, 
X-DOI: 10.1080/0967256042000292088 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256042000292088 
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Template-Type: ReDIF-Article 1.0
Author-Name: Joachim Zweynert 
Author-X-Name-First: Joachim 
Author-X-Name-Last: Zweynert 
Title: The theory of internal goods in nineteenth-century Russian classical economic thought 
Abstract:
  The article deals with the development and reception of the so-called
 theory of internal goods, which is to be considered as one of the most
 fascinating contributions of Russian intellectual history to economic
 thought. The theory of internal goods investigates the connections between
 cultural and economic development. It clearly reflects the question of how
 Russia could overcome her economic and cultural backwardness compared to
 Western Europe. Although the representatives of the concept have failed to
 keep their promise to deliver an economic theory of civilization, they
 raised questions that to the present day have lost none of their
 actuality. 
Journal: The European Journal of the History of Economic Thought 
Pages: 525-554 
Issue: 4 
Volume: 11 
Year: 2004 
Keywords: Russia, classical economics, internal goods, human capital, development, 
X-DOI: 10.1080/0967256042000292097 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256042000292097 
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Handle: RePEc:taf:eujhet:v:11:y:2004:i:4:p:525-554




Template-Type: ReDIF-Article 1.0
Author-Name: Simon Cook 
Author-X-Name-First: Simon 
Author-X-Name-Last: Cook 
Title: Missing links in Marshall's early thoughts on education 
Abstract:
  Over the period 1867&#x200a;-&#x200a;73 Marshall integrated his thoughts
 on education reform with his work on psychology, and then economics.
 Around 1872, when the static method proved problematic with regard to
 long-term wage differentials, Marshall took his developing position
 concerning education and incorporated it into his emerging vision of
 political economy, the result being the germ of much of Book IV of the
 Principles. In addition, looking at Marshall's early study of psychology
 in conjunction with his writings on education provides further reason to
 doubt that Marshall ever embraced a wholly materialist philosophy. 
Journal: The European Journal of the History of Economic Thought 
Pages: 555-578 
Issue: 4 
Volume: 11 
Year: 2004 
Keywords: Alfred Marshall, early economic writings, education, reform, Ye Machine, Cambridge University, 
X-DOI: 10.1080/0967256042000292105 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256042000292105 
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Handle: RePEc:taf:eujhet:v:11:y:2004:i:4:p:555-578




Template-Type: ReDIF-Article 1.0
Author-Name: Rick Tilman 
Author-X-Name-First: Rick 
Author-X-Name-Last: Tilman 
Title: Ferdinand Tonnies, Thorstein Veblen and Karl Marx: From community to society and back? 
Abstract:
  German Ferdinand Tonnies (1855&#x200a;-&#x200a;1936) and American
 Thorstein Veblen (1857&#x200a;-&#x200a;1929) are influential figures in
 the history of the social sciences, whose intellectual relationship has
 been ignored. However, there are important and illuminating similarities
 and differences in their critiques of Karl Marx (1818&#x200a;-&#x200a;83),
 as well as in the transition from community to modernity in Western
 culture and society. This article begins with their account of the nature
 of the Western community in the Middle Ages and its passage to modernity
 via the Enlightenment and the Industrial Revolution. It culminates with
 their critiques of Marx and his and their mutual efforts to construct an
 ersatz community to replace the one that was lost. 
Journal: The European Journal of the History of Economic Thought 
Pages: 579-606 
Issue: 4 
Volume: 11 
Year: 2004 
Keywords: Gemeinschaft, gesellschaft, industrial republic, classlessness, 
X-DOI: 10.1080/0967256042000292114 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256042000292114 
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Template-Type: ReDIF-Article 1.0
Author-Name: Andrea Maneschi 
Author-X-Name-First: Andrea 
Author-X-Name-Last: Maneschi 
Title: Eli Heckscher on intermittently free goods: A neglected anticipation of the theory of imperfect competition? 
Abstract:
  Heckscher's 1919 article originated the Heckscher-Ohlin theory of
 international trade. In 1987 Carl Uhr pointed out that Heckscher in 1928
 made another major contribution to economics in a German-language article
 on 'intermittently free goods', presenting 'a theory of imperfect
 competition nine years ahead of that by Joan Robinson and Edward
 Chamberlin, and a discussion of collective goods not priced by the
 market'. This paper summarizes the salient ideas of Heckscher's article.
 It evaluates its merits, originality and significance for the history of
 economic thought, and how it fits into the 'revolutionary' developments of
 the theory of imperfect competition in the 1930s. 
Journal: The European Journal of the History of Economic Thought 
Pages: 607-621 
Issue: 4 
Volume: 11 
Year: 2004 
Keywords: Intermittently free goods, imperfect competition, sticky prices, public goods, load curve, benefit taxation, 
X-DOI: 10.1080/0967256042000292123 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256042000292123 
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Template-Type: ReDIF-Article 1.0
Author-Name: James Alvey 
Author-X-Name-First: James 
Author-X-Name-Last: Alvey 
Title: The hidden theology of Adam Smith: A belated reply to Hill 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 623-628 
Issue: 4 
Volume: 11 
Year: 2004 
X-DOI: 10.1080/0967256042000292132 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256042000292132 
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Handle: RePEc:taf:eujhet:v:11:y:2004:i:4:p:623-628




Template-Type: ReDIF-Article 1.0
Author-Name: Lisa Hill 
Author-X-Name-First: Lisa 
Author-X-Name-Last: Hill 
Title: Further reflections on the 'Hidden Theology' of Adam Smith 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 629-635 
Issue: 4 
Volume: 11 
Year: 2004 
X-DOI: 10.1080/0967256042000292141 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256042000292141 
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Template-Type: ReDIF-Article 1.0
Author-Name: Tony Aspromourgos 
Author-X-Name-First: Tony 
Author-X-Name-Last: Aspromourgos 
Title: The invention of the concept of social surplus: Petty in the Hartlib Circle 
Abstract:
  Among other innovative and important contributions to the formation of
 political economy, William Petty is the originator of the concept of an
 economic or social surplus, a vital element in the formation of classical
 economics. It therefore is a natural and intriguing question, how Petty
 came to develop his seminal formulations of surplus. Our argument is that
 the concept took form in his thought as a result of stimulus provided by
 Petty's involvement in the agricultural technology programme of Samuel
 Hartlib and his 'Circle'. 
Journal: The European Journal of the History of Economic Thought 
Pages: 1-24 
Issue: 1 
Volume: 12 
Year: 2005 
Keywords: Classical economics, seventeenth century, surplus, William Petty, 
X-DOI: 10.1080/0967256042000338014 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256042000338014 
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Template-Type: ReDIF-Article 1.0
Author-Name: Hansjorg Klausinger 
Author-X-Name-First: Hansjorg 
Author-X-Name-Last: Klausinger 
Title: 'Misguided monetary messages': The Austrian case, 1931&#x200a;-&#x200a;34 
Abstract:
  This paper deals with the apparent contradiction between the monetarist
 explanation of the Great Depression (as the result of a great monetary
 contraction) and the Austrian economists' diagnosis, which puts the blame
 on the inflationist policies pursued by the monetary authorities. Although
 tempting, the solution to this puzzle does not lie in the Austrians'
 misperception of the monetary facts but in their specific theory of
 deflation. Thereby they distinguished between 'automatic deflation' (as an
 endogenous response of the market system) and 'deflationary policies' (as
 exogenous disturbances). Thus, they were able to identify inflationist
 policies amidst an automatically shrinking money supply. 
Journal: The European Journal of the History of Economic Thought 
Pages: 25-45 
Issue: 1 
Volume: 12 
Year: 2005 
Keywords: Great Depression, monetarist explanation, Austrian business cycle theory, deflation, 
X-DOI: 10.1080/0967256042000338023 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256042000338023 
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Template-Type: ReDIF-Article 1.0
Author-Name: Goulven Rubin 
Author-X-Name-First: Goulven 
Author-X-Name-Last: Rubin 
Title: Patinkin and the Pigou effect: or how a Keynesian came to accept an anti-Keynesian argument 
Abstract:
  This paper intends to explain how was a supporter of Keynes like Don
 Patinkin led to integrate the Pigou effect, the arch anti-Keynesian
 effect, in his theory of involuntary unemployment. The reading of
 Patinkin's unpublished PhD thesis and the use of the Don Patinkin Papers
 from Duke University's archives shed new light on this key episode in the
 formation of the 'neoclassical synthesis'. Using this material, we show
 that Patinkin changes his mind on this topic and that his incorporation of
 the real balance effect into the Keynesian apparatus is, paradoxically, an
 attempt at reinforcing it. 
Journal: The European Journal of the History of Economic Thought 
Pages: 47-72 
Issue: 1 
Volume: 12 
Year: 2005 
Keywords: Patinkin, Pigou effect, real balance effect, Keynesian theory, neoclassical synthesis, 
X-DOI: 10.1080/0967256042000338032 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256042000338032 
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Template-Type: ReDIF-Article 1.0
Author-Name: Ivo Maes 
Author-X-Name-First: Ivo 
Author-X-Name-Last: Maes 
Author-Name: Erik Buyst 
Author-X-Name-First: Erik 
Author-X-Name-Last: Buyst 
Title: Migration and Americanization: The special case of Belgian economics 
Abstract:
  One of the distinguishing features of Belgian economics is that, from the
 early 1920s, so many of Belgium's best economists pursued postgraduate
 studies at top American universities, a case of 'temporary' migration.
 This was made possible by the fellowships granted by the Commission for
 Relief in Belgium, a legacy of the First World War. After a stay in the US
 of a few years, most returned to Belgium. However, they maintained strong
 links with the US. Also, they tried to recreate in Belgium the most
 valuable elements of their American experience. It would lead to a strong
 and early Americanization of Belgian economics. Moreover, they were at the
 forefront of several initiatives to organize economics on a European
 scale, such as the European Economic Review and the European Economic
 Association. 
Journal: The European Journal of the History of Economic Thought 
Pages: 73-88 
Issue: 1 
Volume: 12 
Year: 2005 
Keywords: Belgian economics, migration, Americanization, Commission for Relief in Belgium, 
X-DOI: 10.1080/0967256042000338041 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256042000338041 
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Template-Type: ReDIF-Article 1.0
Author-Name: Marc-Arthur Diaye 
Author-X-Name-First: Marc-Arthur 
Author-X-Name-Last: Diaye 
Author-Name: Andre Lapidus 
Author-X-Name-First: Andre 
Author-X-Name-Last: Lapidus 
Title: A Humean theory of choice of which rationality may be one consequence 
Abstract:
  For the reader who considers economic theory of choice as a special case
 of a more general theory of action, Hume's discussion of the determinants
 of action in the Treatise of Human Nature (1739&#x200a;-&#x200a;40), in
 the Enquiry on Human Understanding (1748) and in the Dissertation on
 Passions (1757) deserves attention. However, according to some modern
 commentators, Hume does not seem to have given any evidence that would
 favour what nowadays we would consider as the kind of rationality involved
 in modern theories of rational choice. On the contrary, this paper arrives
 at the conclusion that consistency between preferences and choice, like
 the usual properties of completeness and transitivity, may be considered
 as outcomes of a mental process, described by means of a decision
 algorithm that aims to represent Hume's theory of choice. 
Journal: The European Journal of the History of Economic Thought 
Pages: 89-111 
Issue: 1 
Volume: 12 
Year: 2005 
Keywords: Hume, rationality, decision, passion, desire, preference, will, choice, 
X-DOI: 10.1080/0967256042000338050 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256042000338050 
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Handle: RePEc:taf:eujhet:v:12:y:2005:i:1:p:89-111




Template-Type: ReDIF-Article 1.0
Author-Name: Robert Sugden 
Author-X-Name-First: Robert 
Author-X-Name-Last: Sugden 
Title: Why rationality is not a consequence of Hume's theory of choice 
Abstract:
  This paper argues that the theory of action proposed by Hume in the
 Treatise does not imply that individuals are rational in the sense of
 modern choice theory. An individual's behaviour is non-rational if his/her
 choices systematically contravene the consistency axioms of the theory,
 and if the causal explanation of those choices cannot credibly be offered
 as a reason for making them. Hume proposes a theory of causal
 relationships between mental states, based on associations of ideas. The
 relationships he postulates are liable to induce various forms of
 non-rational behaviour, some of which have since been observed in
 controlled experiments. 
Journal: The European Journal of the History of Economic Thought 
Pages: 113-118 
Issue: 1 
Volume: 12 
Year: 2005 
Keywords: Hume, choice theory, rationality, 
X-DOI: 10.1080/0967256042000338069 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256042000338069 
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Template-Type: ReDIF-Article 1.0
Author-Name: Marc-Arthur Diaye 
Author-X-Name-First: Marc-Arthur 
Author-X-Name-Last: Diaye 
Author-Name: Andre Lapidus 
Author-X-Name-First: Andre 
Author-X-Name-Last: Lapidus 
Title: Why rationality may be a consequence of Hume's theory of choice 
Abstract:
  Facing R. Sugden's criticism of our interpretation, it is shown in this
 paper that rationality appears as a possible consequence of Hume's theory
 of choice. We first argue that Sugden's dismissal of the preference
 relation from the type of rationality through which Hume's theory is
 apprehended, is highly disputable, from the point of view of both standard
 choice theory and Hume's theory of passions. Nonetheless, Sugden's
 criterion of rationality might be restated in Humean terms as a condition
 of non-revision of preferences in the dynamics of passions. But, since the
 process of choice that we have described explicitly takes into account the
 revision of preferences, and shows that, when this last is no longer
 required, rationality occurs as an outcome of this process, it is not
 really concerned by Sugden's criticism. 
Journal: The European Journal of the History of Economic Thought 
Pages: 119-126 
Issue: 1 
Volume: 12 
Year: 2005 
Keywords: Hume, rationality, decision, passion, desire, preference, will, choice, 
X-DOI: 10.1080/0967256042000338078 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256042000338078 
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Handle: RePEc:taf:eujhet:v:12:y:2005:i:1:p:119-126




Template-Type: ReDIF-Article 1.0
Author-Name: Esther-Mirjam Sent 
Author-X-Name-First: Esther-Mirjam 
Author-X-Name-Last: Sent 
Author-Name: Roger Backhouse 
Author-X-Name-First: Roger 
Author-X-Name-Last: Backhouse 
Author-Name: AW Bob Coats 
Author-X-Name-First: AW Bob 
Author-X-Name-Last: Coats 
Author-Name: John Davis 
Author-X-Name-First: John 
Author-X-Name-Last: Davis 
Author-Name: Harald Hagemann 
Author-X-Name-First: Harald 
Author-X-Name-Last: Hagemann 
Title: Perspectives on Michael A. Bernstein's A Perilous Progress: Economists and Public Purpose in Twentieth-Century America 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 127-146 
Issue: 1 
Volume: 12 
Year: 2005 
X-DOI: 10.1080/0967256042000338087 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256042000338087 
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Template-Type: ReDIF-Article 1.0
Author-Name: Edward Nell 
Author-X-Name-First: Edward 
Author-X-Name-Last: Nell 
Title: The Elgar Companion to Post Keynesian Economics Edited by J. E. King 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 147-156 
Issue: 1 
Volume: 12 
Year: 2005 
X-DOI: 10.1080/0967256042000338096 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256042000338096 
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Handle: RePEc:taf:eujhet:v:12:y:2005:i:1:p:147-156




Template-Type: ReDIF-Article 1.0
Author-Name: Arnold Heertje 
Author-X-Name-First: Arnold 
Author-X-Name-Last: Heertje 
Title: The Dutch and Portuguese-Jewish background of David Ricardo 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 183-184 
Issue: 1 
Volume: 12 
Year: 2005 
X-DOI: 10.1080/0967256052000343684 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/0967256052000343684 
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Handle: RePEc:taf:eujhet:v:12:y:2005:i:1:p:183-184




Template-Type: ReDIF-Article 1.0
Author-Name: Mark Peacock 
Author-X-Name-First: Mark 
Author-X-Name-Last: Peacock 
Title: Rationality in Leviathan: Hobbes and his game-theoretic admirers  
Abstract:
  Game theoretic analyses of Hobbes' Leviathan proliferate. By considering
 elements of Leviathan, which have been scrutinised inter alia by Gauthier,
 Hampton and Kavka, I argue that the approach capture Hobbes' notion of
 obligation insufficiently. I search for a concept of rationality in
 Hobbes' work that goes beyond that of game theory and find one in his
 distinction between science and prudence. If one attends to this
 distinction, one is forced to consider the significance of religion for
 Hobbes' conception of rationality. This, in turn, forces one to examine
 the status of Hobbes' 'self-preservation' postulate. 
Journal: The European Journal of the History of Economic Thought 
Pages: 191-213 
Issue: 2 
Volume: 12 
Year: 2005 
Keywords: Hobbes, Leviathan, rationality, state of nature, game theory, 
X-DOI: 10.1080/09672560500112678 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560500112678 
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Handle: RePEc:taf:eujhet:v:12:y:2005:i:2:p:191-213




Template-Type: ReDIF-Article 1.0
Author-Name: Elsa Bolado 
Author-X-Name-First: Elsa 
Author-X-Name-Last: Bolado 
Author-Name: Lluis Argemi 
Author-X-Name-First: Lluis 
Author-X-Name-Last: Argemi 
Title: Jean Antoine Chaptal: from chemistry to political economy 
Abstract:
  The article studies to which extent the economic ideas of Jean Antoine
 Chaptal were conditioned by his education and knowledge as a chemist.
 Chaptal's life and activities and the main elements of his economic
 thought as expressed in his written works suggest certain relationships
 between his education as scientist, doctor and chemist, and his economic
 thought. Chaptal's place in the history of economic thought is discussed,
 especially those opinions that define him as a neo-mercantilist, or as an
 economist of the nation in the pure industrialist sense. But on a closer
 analysis, Chaptal can be defined as an industrialist physiocrat as a
 result of his training. 
Journal: The European Journal of the History of Economic Thought 
Pages: 215-239 
Issue: 2 
Volume: 12 
Year: 2005 
Keywords: Chaptal, Lavoisier, industrialism, protectionism, 
X-DOI: 10.1080/09672560500112512 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560500112512 
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Handle: RePEc:taf:eujhet:v:12:y:2005:i:2:p:215-239




Template-Type: ReDIF-Article 1.0
Author-Name: Manuela Mosca 
Author-X-Name-First: Manuela 
Author-X-Name-Last: Mosca 
Title: De Viti de Marco, historian of economic analysis  
Abstract:
  After briefly reconstructing the debate in Italy during the period of the
 marginalist revolution on the correct methodology for the history of
 economic thought, the article examines De Viti de Marco's position. A
 historical essay of his (De Viti 1891) on Antonio Serra (1613), becomes
 the first object of our critical enquiry. As with other studies of De Viti
 de Marco, from it emerges the adoption of an analytical and retrospective
 approach. Through comparison with the essays of the other historians of
 economic thought of his age, the originality of the method applied by De
 Viti de Marco in his historical contribution can be seen. 
Journal: The European Journal of the History of Economic Thought 
Pages: 241-259 
Issue: 2 
Volume: 12 
Year: 2005 
Keywords: De Viti de Marco, history of economic thought, method, marginalism, Antonio Serra, international monetary flows, 
X-DOI: 10.1080/09672560500112579 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560500112579 
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Handle: RePEc:taf:eujhet:v:12:y:2005:i:2:p:241-259




Template-Type: ReDIF-Article 1.0
Author-Name: David Spencer 
Author-X-Name-First: David 
Author-X-Name-Last: Spencer 
Title: A question of incentive? Lionel Robbins and Dennis H. Robertson on the nature and determinants of the supply of labour  
Abstract:
  This paper compares two articles by Lionel Robbins (1930) and by Dennis
 H. Robertson (1921) on the topic of labour supply. Robertson's article is
 shown to anticipate the main results of Robbins's seminal article. Yet,
 Robertson covers a number of other issues (e.g. constraints on hours
 worked and the impact of non-pecuniary factors) that are neglected by
 Robbins. Robertson's article is used to illustrate important gaps and
 omissions in the economics literature on labour supply that have occurred
 through the acceptance of some of the arguments contained in Robbins's
 article. 
Journal: The European Journal of the History of Economic Thought 
Pages: 261-278 
Issue: 2 
Volume: 12 
Year: 2005 
Keywords: Robbins, Robertson, labour supply, incentives, disutility, 
X-DOI: 10.1080/09672560500112702 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560500112702 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:12:y:2005:i:2:p:261-278




Template-Type: ReDIF-Article 1.0
Author-Name: Massimo Augello 
Author-X-Name-First: Massimo 
Author-X-Name-Last: Augello 
Author-Name: Marco EL Guidi 
Author-X-Name-First: Marco EL 
Author-X-Name-Last: Guidi 
Title: The Italian economists in parliament from 1860 to 1922: a quantitative analysis  
Abstract:
  In the political background that prevailed in Italy after the unification
 of the country in 1860, many economists were attracted by the prospect of
 playing an active role in politics. In particular, thirty academic
 economists became MPs between 1860 and 1923. Many of them became ministers
 and three of them were appointed prime ministers. The quantitative
 analysis attempted in this paper reveals the professional and social
 characteristics of this group of economists and the importance of their
 political commitment. Many of them sat in parliament for more than twenty
 years. In both houses, they often played a technical role, concentrating
 their efforts in the discussion of the economic issues on the agenda. But
 they did not refrain from becoming involved with questions of a more
 direct political nature. The high number of economists who were elected
 deputies even after the Reform Bills of 1882 and 1911 - which gradually
 extended the suffrage - implies that they took part in open political
 contests and built up a network of patronage in their local
 constituencies. In particular, some indicators - like their presence in
 the ministries and councils of education and the role they played in the
 creation of institutions of research - show that they exerted their
 political influence to facilitate the institutionalization and
 professionalization of economics. Last, some interesting generational
 differences are highlighted in this paper. In the period between 1861 and
 1922, the relationship between political and scientific/academic
 reputation was inverted. Whereas the economists of the Risorgimento
 generation employed their political role as a means to obtain tenure in
 universities, those of the younger generation trained after 1876, who had
 received a more specialized education in economics, profited by their
 reputation as scientists and professors in order to foster their political
 ambitions. 
Journal: The European Journal of the History of Economic Thought 
Pages: 279-319 
Issue: 2 
Volume: 12 
Year: 2005 
Keywords: Italian economists, parliament, economic policy, professionalization of economics, economics and politics, 
X-DOI: 10.1080/09672560500112454 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560500112454 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:12:y:2005:i:2:p:279-319




Template-Type: ReDIF-Article 1.0
Author-Name: Neil Skaggs 
Author-X-Name-First: Neil 
Author-X-Name-Last: Skaggs 
Title: Treating schizophrenia: a comment on Antoin Murphy's diagnosis of Henry Thornton's theoretical condition 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 321-328 
Issue: 2 
Volume: 12 
Year: 2005 
X-DOI: 10.1080/09672560500112637 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560500112637 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:12:y:2005:i:2:p:321-328




Template-Type: ReDIF-Article 1.0
Author-Name: Antoin Murphy 
Author-X-Name-First: Antoin 
Author-X-Name-Last: Murphy 
Title: Rejoinder to Skaggs's Treating schizophrenia: a comment on Antoin Murphy's diagnosis of Henry Thornton's theoretical condition 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 329-332 
Issue: 2 
Volume: 12 
Year: 2005 
X-DOI: 10.1080/09672560500112603 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560500112603 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:12:y:2005:i:2:p:329-332




Template-Type: ReDIF-Article 1.0
Author-Name: William Milberg 
Author-X-Name-First: William 
Author-X-Name-Last: Milberg 
Title: In Memoriam: Robert Heilbroner, 1919&#x200a;-&#x200a;2005 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 333-336 
Issue: 2 
Volume: 12 
Year: 2005 
X-DOI: 10.1080/09672560500112561 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560500112561 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:12:y:2005:i:2:p:333-336




Template-Type: ReDIF-Article 1.0
Author-Name: Walter Eltis 
Author-X-Name-First: Walter 
Author-X-Name-Last: Eltis 
Title: Roy Harrod and the Keynesian revolution: his newly published correspondence 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 337-355 
Issue: 2 
Volume: 12 
Year: 2005 
X-DOI: 10.1080/09672560500112538 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560500112538 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:12:y:2005:i:2:p:337-355




Template-Type: ReDIF-Article 1.0
Author-Name: Luigi Pasinetti 
Author-X-Name-First: Luigi 
Author-X-Name-Last: Pasinetti 
Title: The Sraffa-enigma: Introduction 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 373-378 
Issue: 3 
Volume: 12 
Year: 2005 
X-DOI: 10.1080/09672560500239828 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560500239828 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:12:y:2005:i:3:p:373-378




Template-Type: ReDIF-Article 1.0
Author-Name: Nerio Naldi 
Author-X-Name-First: Nerio 
Author-X-Name-Last: Naldi 
Title: Piero Sraffa: emigration and scientific activity (1921&#xa0;-&#xa0;45) 
Abstract:
  In this paper we shall be considering the interweave of scientific and
 biographical aspects of Piero Sraffa's life, specifically with regard to
 the correlation between those moments in which his condition as an
 emigrant assumed particular relevance and three turning points of his
 scientific activity: his decision to undertake a career as an academic
 economist, which we guess was taken approximately in the Spring of 1923;
 his discovery of the equations to be developed in the systems presented in
 1960 in his book, most probably in November 1927; and his decision to
 assume the editorship of the writings of David Ricardo, approximately in
 February 1930. We have chosen to confine our research to the period
 between Piero Sraffa's first sojourn abroad as a young economist and the
 Second World War. 
Journal: The European Journal of the History of Economic Thought 
Pages: 379-402 
Issue: 3 
Volume: 12 
Year: 2005 
Keywords: Piero Sraffa, biography, economic theory, 
X-DOI: 10.1080/09672560500239893 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560500239893 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:12:y:2005:i:3:p:379-402




Template-Type: ReDIF-Article 1.0
Author-Name: Annalisa Rosselli 
Author-X-Name-First: Annalisa 
Author-X-Name-Last: Rosselli 
Title: Sraffa and the Marshallian tradition* 
Abstract:
  The paper retraces some of the stages in Sraffa's thinking about the work
 of Marshall, by drawing on unpublished material in the Sraffa archive from
 1923 to 1930. It argues that Sraffa transformed his
 dissent&#xa0;&#xa0;-&#xa0;&#xa0;which was based on ideological
 grounds&#xa0;&#xa0;-&#xa0;&#xa0;into a 'quest for the fatal error' to
 demolish the logical construction of Marshallian theory. Some of his
 attacks were successful (for example, the critique of the relation between
 costs and output); other attempts failed (the critique of the 'normal rate
 of profit' and the critique of the concept of marginal productivity) since
 Sraffa could not find enough textual evidence to support his position. 
Journal: The European Journal of the History of Economic Thought 
Pages: 403-423 
Issue: 3 
Volume: 12 
Year: 2005 
Keywords: Sraffa, Marshall, Cambridge School, Increasing and decreasing returns, Marginalism, 
X-DOI: 10.1080/09672560500239976 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560500239976 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:12:y:2005:i:3:p:403-423




Template-Type: ReDIF-Article 1.0
Author-Name: Maria Cristina Marcuzzo 
Author-X-Name-First: Maria Cristina 
Author-X-Name-Last: Marcuzzo 
Title: Piero Sraffa at the university of Cambridge 
Abstract:
  This paper reconstructs the academic figure of Sraffa at the University
 of Cambridge as it emerges from his papers, his correspondence with the
 economists with whom he had special relations, and the official documents
 of the University, in particular in connection with his role in the
 Faculty of Economics and Politics, to which he belonged from 1927 to 1965.
 It presents a detailed examination of the various posts held by Sraffa at
 the University as Lecturer, Assistant Director of Research, Member of the
 Degree Committee, Examiner, Member of the Faculty Board, as co-founder of
 The Department of Applied Economics, Elector to the Chairs of Political
 Economy, Industrial Relations and Economics, Member of King's College and
 finally as Fellow of Trinity College. Moreover, the relationship with his
 fellow economists in Cambridge, in particular Keynes, Kahn, Kaldor and
 Joan Robinson is also examined and assessed. The broad conclusion of the
 paper is that Sraffa's relationship with Cambridge University was complex,
 contradictory and intense, and should be seen within the broader context
 of the ambiguous relations Sraffa had with academia in general. 
Journal: The European Journal of the History of Economic Thought 
Pages: 425-452 
Issue: 3 
Volume: 12 
Year: 2005 
Keywords: Sraffa, University of Cambridge, correspondence, Keynes, Kahn, Joan Robinson, 
X-DOI: 10.1080/09672560500240024 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560500240024 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:12:y:2005:i:3:p:425-452




Template-Type: ReDIF-Article 1.0
Author-Name: Pierangelo Garegnani 
Author-X-Name-First: Pierangelo 
Author-X-Name-Last: Garegnani 
Title: On a turning point in Sraffa's theoretical and interpretative position in the late 1920s 
Abstract:
  Sraffa's notes titled 'Summer 1927' (D3/12/3, Trinity Catalogue)
 presumably written while preparing for the lectures on the theory of value
 he intended to hold in Cambridge that autumn, when examined jointly with
 the lectures in fact delivered in 1928-31 and other manuscripts from the
 period make it possible to identify an important change occurring in those
 months in his theoretical position and in his interpretation of Ricardo
 and the Classical economists. From his previous acceptance of Marshall's
 apparatus of demand and supply once purged of the subjective elements of
 utility and 'efforts and sacrifices', Sraffa moved on to a theory of
 relative prices and distribution based on what he then called 'physical
 real costs' (in opposition to Marshall's subjective 'real costs') and to
 the consequent conception of a 'surplus product' providing for profits and
 rent. It is the theory which Sraffa recognized then to be that of Smith
 and Ricardo and the 'old classical economists', beyond the Marshallian
 interpretation of those authors he had previously shared, in terms of
 constant returns and, therefore, of the demand and supply apparatus. That
 is the interpretation that will emerge twenty years later in the
 Introduction to Ricardo's Principles (1951), just as that is essentially
 the theory we shall find in Production of Commodities by Means of
 Commodities thirty years later. 
Journal: The European Journal of the History of Economic Thought 
Pages: 453-492 
Issue: 3 
Volume: 12 
Year: 2005 
Keywords: Sraffa, classical economists, interpretation of classical economists, Sraffa's turning point, Sraffa's analysis, surplus analysis, Sraffa's 'equations', 
X-DOI: 10.1080/09672560500240099 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560500240099 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:12:y:2005:i:3:p:453-492




Template-Type: ReDIF-Article 1.0
Author-Name: Heinz Kurz 
Author-X-Name-First: Heinz 
Author-X-Name-Last: Kurz 
Author-Name: Neri Salvadori 
Author-X-Name-First: Neri 
Author-X-Name-Last: Salvadori 
Title: Removing an 'insuperable obstacle' in the way of an objectivist analysis: Sraffa's attempts at fixed capital 
Abstract:
  The paper discusses Sraffa's consecutive attempts in the late 1920s and
 early 1940s to tackle a problem which endangered his objectivist,
 surplus-based approach to the theory of value and distribution aimed at
 reviving the standpoint of the classical economists. Whilst with
 circulating capital the value transfer to the product and the physical
 'destruction' of the input are one and the same thing, with fixed capital
 this is not so. Sraffa eventually overcame the difficulty in terms of the
 joint products-method. This allowed him to explain relative prices and the
 rate of profits strictly in 'material terms'. 
Journal: The European Journal of the History of Economic Thought 
Pages: 493-523 
Issue: 3 
Volume: 12 
Year: 2005 
Keywords: Classical economics, fixed capital, production, Sraffa Piero, value and distribution, 
X-DOI: 10.1080/09672560500240156 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560500240156 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:12:y:2005:i:3:p:493-523




Template-Type: ReDIF-Article 1.0
Author-Name: Bertram Schefold 
Author-X-Name-First: Bertram 
Author-X-Name-Last: Schefold 
Title: Joint production: Triumph of economic over mathematical logic?* 
Abstract:
  Sraffa's book artfully combines an exposition of key problems of capital
 theory, using economic logic, with mathematical arguments, and he created
 a school of disciples extending his ideas by means of both methods. His
 analysis of single product systems has turned out essentially to be
 flawless, but the problems of joint production cannot simply be solved on
 the basis of analogies with single production. A truncation approach and a
 dynamic approach are discussed in order to summarise his main results, to
 illustrate his method and to take stock of the recent developments of the
 theory. 
Journal: The European Journal of the History of Economic Thought 
Pages: 525-552 
Issue: 3 
Volume: 12 
Year: 2005 
Keywords: Sraffa, capital theory, joint production, mathematical economics, 
X-DOI: 10.1080/09672560500240230 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560500240230 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:12:y:2005:i:3:p:525-552




Template-Type: ReDIF-Article 1.0
Author-Name: Takashi Negishi 
Author-X-Name-First: Takashi 
Author-X-Name-Last: Negishi 
Title: Michio Morishima and history: an obituary 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 553-557 
Issue: 3 
Volume: 12 
Year: 2005 
X-DOI: 10.1080/09672560500240354 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560500240354 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:12:y:2005:i:3:p:553-557




Template-Type: ReDIF-Article 1.0
Author-Name: Bert Mosselmans 
Author-X-Name-First: Bert 
Author-X-Name-Last: Mosselmans 
Title: Adolphe Quetelet, the average man and the development of economic methodology 
Abstract:
  Quetelet's contribution to statistics has received adequate attention in
 Stigler (1986, 1999) and Porter's (1986) seminal works on the history of
 that scientific discipline. 24 Our contribution investigates Quetelet's
 influence on economic methodology. Other scholars have already
 investigated his influence on econometrics and empirical economics (Morgan
 1990, Stigler 1999), but we argue that his influence on theoretical
 economics should be considered significant as well. We devote attention to
 Quetelet's concept of the 'average man'. For this purpose we briefly
 summarize Quetelet's methodology and examine the evolution of his ideas as
 expressed in his published works. We then investigate his influence on
 Jevons's 'calculus of pleasures and pains' and on the statistical
 investigations of the German historical school. We argue that the history
 of statistics, and especially Quetelet's contribution, should not be
 neglected by historians of economic thought as it provides important
 insights into the development of economic methodology. 
Journal: The European Journal of the History of Economic Thought 
Pages: 565-582 
Issue: 4 
Volume: 12 
Year: 2005 
Keywords: Quetelet, Jevons, Wagner, average, representative individuals, 
X-DOI: 10.1080/09672560500370177 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560500370177 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:12:y:2005:i:4:p:565-582




Template-Type: ReDIF-Article 1.0
Author-Name: Michael White 
Author-X-Name-First: Michael 
Author-X-Name-Last: White 
Title: Strange brew: The antinomies of distribution in W.S. Jevons' Theory of Political Economy 
Abstract:
  In the Preface to the second edition of his Theory of Political Economy
 (1879), W. Stanley Jevons announced an extraordinary turn in his analysis
 as he abandoned much of the explanatory framework used in the body of the
 text to explain cost of production and distribution. It is shown here
 that, when the Theory is read in the context of the objective and
 structure of Jevons' distribution analysis, the turn can be explained as
 Jevons' response to the realization that he was only able to reconcile his
 analysis of cost of production and of distribution in a special case. 
Journal: The European Journal of the History of Economic Thought 
Pages: 583-608 
Issue: 4 
Volume: 12 
Year: 2005 
Keywords: Jevons, cost of production, distribution, wages, Ricardo, Mill, 
X-DOI: 10.1080/09672560500370227 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560500370227 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:12:y:2005:i:4:p:583-608




Template-Type: ReDIF-Article 1.0
Author-Name: Michael McLure 
Author-X-Name-First: Michael 
Author-X-Name-Last: McLure 
Title: Equilibrium and Italian fiscal sociology: A reflection on the Pareto-Griziotti and Pareto-Sensini letters on fiscal theory 
Abstract:
  This paper reflects on the influence of Vilfredo Pareto's letters on
 Ricardian equivalence and fiscal theory to Benvenuto Griziotti and Guido
 Sensini. The letters are important for emphasizing the need for fiscal
 studies to consider equilibrium, particularly social equilibrium, at a
 time when Italian fiscal sociology was in its formative stage. Griziotti
 came to accept fiscal sociology, albeit in an eclectic form that focused
 directly on political and legislative matters rather than social
 equilibrium. In contrast, Sensini progressively developed a framework for
 fiscal theory that focused primarily on the fundamental relationship
 between fiscal phenomena and social equilibrium. 
Journal: The European Journal of the History of Economic Thought 
Pages: 609-633 
Issue: 4 
Volume: 12 
Year: 2005 
Keywords: Fiscal sociology, Griziotti, Italian fiscal tradition, Pareto, public finance, Sensini, 
X-DOI: 10.1080/09672560500370268 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560500370268 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:12:y:2005:i:4:p:609-633




Template-Type: ReDIF-Article 1.0
Author-Name: Arthur Diamond 
Author-X-Name-First: Arthur 
Author-X-Name-Last: Diamond 
Title: Measurement, incentives and constraintsin Stigler's economics of science 
Abstract:
  George J. Stigler's seminal role as one of the founders of the economics
 of science is summarized and evaluated. His main contribution rests in his
 asking an array of important questions and arguing persuasively for the
 application of empirical, and especially statistical, techniques to the
 answering of those questions. He asks whether and how science progresses;
 whether a scientist's biography is important in understanding his science;
 what characteristics of a scientist are most complementary to success in
 science; and how the professionalization of science redirects the
 attention of scientists more toward internal puzzle-solving, and less
 toward applied relevance. 
Journal: The European Journal of the History of Economic Thought 
Pages: 635-661 
Issue: 4 
Volume: 12 
Year: 2005 
Keywords: Stigler, science, citations, economists, sociology, 
X-DOI: 10.1080/09672560500370292 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560500370292 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:12:y:2005:i:4:p:635-661




Template-Type: ReDIF-Article 1.0
Author-Name: Mats Lundahl 
Author-X-Name-First: Mats 
Author-X-Name-Last: Lundahl 
Title: To be an independent thinker: an intellectual portrait of Staffan Burenstam Linder 
Abstract:
  The essay provides a portrait of the life and works of Staffan Burenstam
 Linder (1931-2000), one of Sweden's most renowned economists, the
 originator of the so-called Linder Thesis and of The Harried Leisure
 Class. It provides a critical account of all his major works and at the
 same time follows his career as an economist and a politician. The essay
 ends with an overall evaluation of his intellectual contribution. 
Journal: The European Journal of the History of Economic Thought 
Pages: 663-688 
Issue: 4 
Volume: 12 
Year: 2005 
Keywords: Staffan Burenstam Linder, trade theory, development economics, Swedish politics, Stockholm School of Economics, 
X-DOI: 10.1080/09672560500370375 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560500370375 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:12:y:2005:i:4:p:663-688




Template-Type: ReDIF-Article 1.0
Author-Name: Tamas Szmrecsanyi 
Author-X-Name-First: Tamas 
Author-X-Name-Last: Szmrecsanyi 
Title: The contributions of Celso Furtado (1920-2004) to development economics 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 689-700 
Issue: 4 
Volume: 12 
Year: 2005 
X-DOI: 10.1080/09672560500370383 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560500370383 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:12:y:2005:i:4:p:689-700




Template-Type: ReDIF-Article 1.0
Author-Name: Gilbert Faccarello 
Author-X-Name-First: Gilbert 
Author-X-Name-Last: Faccarello 
Title: A tale of two traditions: Pierre Force's Self-interest before Adam Smith 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 701-712 
Issue: 4 
Volume: 12 
Year: 2005 
X-DOI: 10.1080/09672560500370391 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560500370391 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:12:y:2005:i:4:p:701-712




Template-Type: ReDIF-Article 1.0
Author-Name: Jimena Hurtado 
Author-X-Name-First: Jimena 
Author-X-Name-Last: Hurtado 
Title: Pity, sympathy and self-interest: review of Pierre Force's Self-interest before Adam Smith 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 713-721 
Issue: 4 
Volume: 12 
Year: 2005 
X-DOI: 10.1080/09672560500370409 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560500370409 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:12:y:2005:i:4:p:713-721




Template-Type: ReDIF-Article 1.0
Author-Name: Pierre Force 
Author-X-Name-First: Pierre 
Author-X-Name-Last: Force 
Title: Two concepts of providence and two concepts of pity: A reply to Gilbert Faccarello and Jimena Hurtado 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 723-731 
Issue: 4 
Volume: 12 
Year: 2005 
X-DOI: 10.1080/09672560500370433 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560500370433 
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Handle: RePEc:taf:eujhet:v:12:y:2005:i:4:p:723-731




Template-Type: ReDIF-Article 1.0
Author-Name: Gilbert Faccarello 
Author-X-Name-First: Gilbert 
Author-X-Name-Last: Faccarello 
Title: An 'exception culturelle'? French sensationist political economy and the shaping of public economics 
Abstract:
  This paper examines some ideas developed in the field of public economics
 by French Sensationist political economists, from Turgot and Condorcet to
 the young Jean-Baptiste Say. An ideal-typical account of their position is
 based on the fact that issues raised by public expenditure and revenue are
 not dealt with independently. Instead, a strong link between the two sides
 of the budget is emphasized, an approach arising out of political
 considerations concerning human rights and equity. Following on from this
 they develop a theory of public expenditure based on public
 goods&#xa0;-&#xa0;national and local&#xa0;-&#xa0;and externalities, and a
 theory of taxation culminating in a justification of progressive taxation.
 The central section of the paper forms a kind of pivotal point in the
 analysis, showing how the above political and ethical requirements of the
 theory lead to the first estimation of the optimal amount of public
 expenditure and revenue&#xa0;-&#xa0;involving an equilibrium at the
 margin. 
Journal: The European Journal of the History of Economic Thought 
Pages: 1-38 
Issue: 1 
Volume: 13 
Year: 2006 
Keywords: History of public economics, Turgot, Condorcet, Roederer, Say, public goods, externalities, equity in taxation, progressive taxation, optimal amount of public expenditure and revenue, equilibrium at the margin, 
X-DOI: 10.1080/09672560500522835 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560500522835 
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Handle: RePEc:taf:eujhet:v:13:y:2006:i:1:p:1-38




Template-Type: ReDIF-Article 1.0
Author-Name: Richard Sturn 
Author-X-Name-First: Richard 
Author-X-Name-Last: Sturn 
Title: Subjectivism, joint consumption and the state: Public goods in Staatswirtschaftslehre 
Abstract:
  On the basis of F.B.W. Hermann's Staatswirthschaftliche Untersuchungen
 and of major German, Austrian and Swedish contributions to public
 economics, two specific claims with regard to the Germanic influence in
 the development of public expenditure theory are put forward in this
 paper. It is contended that the German achievements concerning the
 conceptual clarification of public goods are: (i) important as conceptual
 ingredients of the modern 'micro-based' theory of the public sector: (ii)
 less closely linked to some historical and intellectual German Sonderweg
 (culminating in historism, a collectivistic view of social entities and a
 mystical glorification of the State) than is often suggested. It is argued
 that these achievements rather were to a large extent inspired by the more
 cosmopolitan tendencies in German thought. An important influence is
 Kantian liberalism. Kant construed a kind of foundational interdependence
 between the public and the private sector. This prepares the ground for a
 framework of complementary institutions instead of explaining public
 institutions in terms of a market failure-perspective based on
 non-excludability: the view developed in German Idealism gives non-rivalry
 the pivotal role: the explanation of public institutions systematically
 hinges upon the existence of goods, the benefits of which are necessarily
 universal and hence are necessarily made available in a non-rival mode. 
Journal: The European Journal of the History of Economic Thought 
Pages: 39-67 
Issue: 1 
Volume: 13 
Year: 2006 
Keywords: History of public economics, public goods, non-rivalry, non-excludability, collective needs, collective wants, market failure, 
X-DOI: 10.1080/09672560500522793 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560500522793 
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Handle: RePEc:taf:eujhet:v:13:y:2006:i:1:p:39-67




Template-Type: ReDIF-Article 1.0
Author-Name: Domenicantonio Fausto 
Author-X-Name-First: Domenicantonio 
Author-X-Name-Last: Fausto 
Title: The Italian approach to the theory of public goods 
Abstract:
  The subject of needs is the centre of attention of Italian public finance
 scholars. The financial activity of the State is justified by the
 existence of collective or public needs to whose satisfaction collective
 or public goods and services are linked. Italian economists have studied
 the problems of public goods in a general context, taking into
 consideration concurrently both taxes and public expenditure and giving
 prominence to positive analysis. Italian theorists have always been far
 removed from the classical approach, which denies the productivity of
 public services, and have deemed it necessary to take into account the
 political context in which fiscal structures operate. Their models include
 the State as a major factor. Herein lies the main value of the Italian
 tradition in public finance, which puts in coercion into the market
 mechanism via State intervention. 
Journal: The European Journal of the History of Economic Thought 
Pages: 69-98 
Issue: 1 
Volume: 13 
Year: 2006 
Keywords: History of public economics, Italian economic thought, public goods, public finance theory, 
X-DOI: 10.1080/09672560500522843 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560500522843 
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Handle: RePEc:taf:eujhet:v:13:y:2006:i:1:p:69-98




Template-Type: ReDIF-Article 1.0
Author-Name: Oscar De-Juan 
Author-X-Name-First: Oscar 
Author-X-Name-Last: De-Juan 
Author-Name: Fabio Monsalve 
Author-X-Name-First: Fabio 
Author-X-Name-Last: Monsalve 
Title: Morally ruled behaviour: The neglected contribution of Scholasticism 
Abstract:
  In the analysis of 'justice' in market exchanges, the scholastic doctors
 made some contributions to the theories of prices and money. But probably
 the most important (and neglected) contribution lies in the domain of
 anthropology, i.e. in the explanation of human nature and human behaviour.
 In this paper the authors are going to work out two scholastic ideas that
 provide an alternative to the individualist and utilitarian approach of
 neoclassical economics. (1) Persons are morally ruled beings; a sense of
 'duty' is a key element in their behaviour; (2) Persons are social beings
 competing and cooperating to achieve certain goals. Dominant positions and
 privileged information grant them special powers that should not be
 abused. 
Journal: The European Journal of the History of Economic Thought 
Pages: 99-112 
Issue: 1 
Volume: 13 
Year: 2006 
Keywords: History of economic thought, ethics and justice, dominant position, asymmetrical information, 
X-DOI: 10.1080/09672560500522827 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560500522827 
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Handle: RePEc:taf:eujhet:v:13:y:2006:i:1:p:99-112




Template-Type: ReDIF-Article 1.0
Author-Name: Eckhard Hein 
Author-X-Name-First: Eckhard 
Author-X-Name-Last: Hein 
Title: Money, interest and capital accumulationin Karl Marx's economics: a monetary interpretation and some similaritiesto post-Keynesian approaches 
Abstract:
  Starting from Schumpeter's important distinction between 'real analysis'
 and 'monetary analysis', in this paper it is shown that major elements of
 Marx's economic theory fall in the camp of 'monetary analysis'. This is
 true for Marx's theory of value, his rejection of Ricardo's interpretation
 of Say's Law, his treatment of the realization problem in the schemes of
 reproduction and his theories of credit and the rate of interest. The
 implications of this monetary interpretation for Marx's theory of
 distribution and growth display broad similarities to a monetary extension
 of a Kaleckian version of the post-Keynesian model, in which the
 equilibrium growth path is determined by the interaction between monetary
 and real variables. 
Journal: The European Journal of the History of Economic Thought 
Pages: 113-140 
Issue: 1 
Volume: 13 
Year: 2006 
Keywords: Money, interest rate, distribution, capital accumulation, Marx's economics, post-Keynesian economics, 
X-DOI: 10.1080/09672560500522868 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560500522868 
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Handle: RePEc:taf:eujhet:v:13:y:2006:i:1:p:113-140




Template-Type: ReDIF-Article 1.0
Author-Name: Avi Cohen 
Author-X-Name-First: Avi 
Author-X-Name-Last: Cohen 
Title: The Kaldor/Knight controversy: Is capital a distinct and quantifiable factor of production? 
Abstract:
  Controversy focuses on three questions: Is capital a distinct factor of
 production? Is capital quantifiable in a theoretically consistent manner?
 Are process stories necessary around convergence to, or changes in,
 equilibrium interest rates? To all, Kaldor answers 'yes' to Knight's 'no'.
 The controversy is historically important in: 1) shifting issues in
 recurring twentieth century capital theory controversies from periods of
 production to production functions, from roundaboutness to diminishing
 returns; 2) revealing Knight's position on increasing knowledge offsetting
 diminishing returns over time as an unacknowledged 'precursor' of new
 growth theory; 3) marking the turning point for Kaldor's attachment to
 Austrian theory. 
Journal: The European Journal of the History of Economic Thought 
Pages: 141-161 
Issue: 1 
Volume: 13 
Year: 2006 
Keywords: Kaldor, Knight, capital, production functions, Austrian capital theory, diminishing returns, 
X-DOI: 10.1080/09672560500522801 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560500522801 
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Handle: RePEc:taf:eujhet:v:13:y:2006:i:1:p:141-161




Template-Type: ReDIF-Article 1.0
Author-Name: Jean-Michel Chevet 
Author-X-Name-First: Jean-Michel 
Author-X-Name-Last: Chevet 
Author-Name: Cormac O Grada 
Author-X-Name-First: Cormac O 
Author-X-Name-Last: Grada 
Title: Grain prices and mortality: A note on 'La Michodiere's Law' 
Abstract:
  In a postscript to his Recherches sur la population (1766), political
 arithmetician Louis Messance made the case for a positive association
 mortality and the price of wheat. The true author of the postscript was
 probably Jean-Baptiste Francois de la Michodiere (1720&#xa0;-&#xa0;97),
 Messance's mentor and employer. The calculations given in this paper offer
 tempered support for what is dubbed 'La Michodiere's law'. There was
 indeed a correlation between prices and mortality in early
 eighteenth-century France; but La Michodiere's own and other data imply
 that even then it was weaker and less mechanical than implied by some of
 his successors. 
Journal: The European Journal of the History of Economic Thought 
Pages: 183-194 
Issue: 2 
Volume: 13 
Year: 2006 
Keywords: Corn prices, mortality, economic demography, famine, 
X-DOI: 10.1080/09672560600708086 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560600708086 
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Handle: RePEc:taf:eujhet:v:13:y:2006:i:2:p:183-194




Template-Type: ReDIF-Article 1.0
Author-Name: Michael Turk 
Author-X-Name-First: Michael 
Author-X-Name-Last: Turk 
Title: The fault line of axiomatization: Walras' linkage of physics with economics 
Abstract:
  Economists have often aligned the field of economics with physics; in the
 process seeking to enhance the rigor of economics by mathematizing it. In
 the late nineteenth century there was no more ardent champion of this view
 of what economics should become than Leon Walras. His own writings,
 though, betray a tension between comprehending this mathematization as
 proceeding in parallel with physics or through a metaphorical analogy with
 physics. The limitations in Walras' ability to axiomatize economics reveal
 a flawed effort to establish the foundations of economics by analogy; this
 difficulty has persisted through the twentieth century. 
Journal: The European Journal of the History of Economic Thought 
Pages: 195-212 
Issue: 2 
Volume: 13 
Year: 2006 
Keywords: Leon Walras, neo-classical economic thought through 1925, economic methodology, economic equilibrium, relation of economics to other disciplines, 
X-DOI: 10.1080/09672560600708011 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560600708011 
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Handle: RePEc:taf:eujhet:v:13:y:2006:i:2:p:195-212




Template-Type: ReDIF-Article 1.0
Author-Name: J. Stephen Ferris 
Author-X-Name-First: J. Stephen 
Author-X-Name-Last: Ferris 
Author-Name: John Galbraith 
Author-X-Name-First: John 
Author-X-Name-Last: Galbraith 
Title: On Hayek's denationalization of money, free banking and inflation targeting 
Abstract:
  Recent central bank experience with inflation targeting is used to
 restate Hayek's reform proposal as a performance contract. This requires
 banks to first state an explicit inflation target and then promise to
 perform a set of actions whenever an independent forecast departs from
 target. Making such actions explicit and observable makes the promise of
 price stability offered by competing banks operational and enforceable.
 Competition among banks then leads to convergence on current best practice
 in the short term and to faster performance evolution as the incentive to
 innovate induces improvements over the long term. 
Journal: The European Journal of the History of Economic Thought 
Pages: 213-231 
Issue: 2 
Volume: 13 
Year: 2006 
Keywords: Non-redeemable money, Hayek, free-banking, inflation targeting, performance contracting, 
X-DOI: 10.1080/09672560600708359 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560600708359 
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Handle: RePEc:taf:eujhet:v:13:y:2006:i:2:p:213-231




Template-Type: ReDIF-Article 1.0
Author-Name: Nicolo De Vecchi 
Author-X-Name-First: Nicolo 
Author-X-Name-Last: De Vecchi 
Title: Hayek and the General Theory 
Abstract:
  Hayek did not review the General Theory, but he criticized it in Profits,
 Interest and Investment (1939) and in part IV of The Pure Theory of
 Capital (1941). First, he showed that only exceptionally does greater
 consumption favour investment and employment. Second, he rejected Keynes's
 liquidity preference and maintained that only in an 'extreme case' might
 it be said that Keynes's theory of the rate of interest is valid. Although
 he correctly identified the gist of Keynes's theoretical innovation, his
 criticisms were already implicitly answered in the General Theory. 
Journal: The European Journal of the History of Economic Thought 
Pages: 233-258 
Issue: 2 
Volume: 13 
Year: 2006 
Keywords: Hayek, 'General Theory', Keynes, liquidity preference, consumption, investment, 
X-DOI: 10.1080/09672560600708284 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560600708284 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:13:y:2006:i:2:p:233-258




Template-Type: ReDIF-Article 1.0
Author-Name: Michel De Vroey 
Author-X-Name-First: Michel 
Author-X-Name-Last: De Vroey 
Title: The temporary equilibrium method: Hicks against Hicks 
Abstract:
  Hicks is renowned for having introduced the temporary equilibrium
 framework in his book Value and Capital. Subsequently, however, he
 partially recanted this framework by rejecting the market clearing idea
 while still keeping the week device. The aim of this paper is to assess
 whether this change was right. My answer will be broadly negative. To make
 my point, I will ponder on the meaning and implications of the week
 device, assess the validity of Hicks' claim that slow adjustment can cause
 market rationing, examine his claim that the possibility of market
 clearing depends on the prevailing market form and, finally, assess his
 twofold filiations towards Marshall and Walras. 
Journal: The European Journal of the History of Economic Thought 
Pages: 259-278 
Issue: 2 
Volume: 13 
Year: 2006 
Keywords: Hicks, temporary equilibrium, 
X-DOI: 10.1080/09672560600708318 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560600708318 
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Handle: RePEc:taf:eujhet:v:13:y:2006:i:2:p:259-278




Template-Type: ReDIF-Article 1.0
Author-Name: Yuri Biondi 
Author-X-Name-First: Yuri 
Author-X-Name-Last: Biondi 
Title: The double emergence of the Modified Internal Rate of Return: The neglected financial work of Duvillard (1755&#xa0;-&#xa0;1832) in a comparative perspective 
Abstract:
  This article aims at enhancing current understanding of the history of
 investment evaluation criteria based on discounting. Their emergence
 constitutes a challenging issue for scholars devoted to the history of
 financial economics, as well as to fundamental tools of economic analysis.
 Their history is analysed in a comparative perspective, starting with the
 neglected contribution of Duvillard as a reference case. More than two
 centuries ago, this French language scholar developed, by an optimizing
 analytical machinery, a financial measure technically similar to Modified
 Internal Rate of Return (MIRR). In order to assess his theoretical
 contribution in a comparative perspective, the author will try to briefly
 account for the different contexts where the financial measure has been
 invented twice. This approach, indeed, is concerned with the institutional
 changes and the theoretical developments they fostered. It analyses
 concepts such as time preference, techniques such as discounting and
 issues such as the 'reinvestment problem'. On the one hand, the Past
 (especially around the eighteenth century) and Duvillard's contribution is
 explored. On the other hand, the Present is reconstructed (in particular
 the late Fifties and later), especially the recent debate that re-invented
 the MIRR. This article will conclude with some comparative results. 
Journal: The European Journal of the History of Economic Thought 
Pages: 311-335 
Issue: 3 
Volume: 13 
Year: 2006 
Keywords: Modified Internal Rate of Return, history of Financial Economics, history of economic analysis, discounting, investment evaluation criteria, capital budgeting, 
X-DOI: 10.1080/09672560600875281 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560600875281 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:13:y:2006:i:3:p:311-335




Template-Type: ReDIF-Article 1.0
Author-Name: Yves Breton 
Author-X-Name-First: Yves 
Author-X-Name-Last: Breton 
Author-Name: Gerard Klotz 
Author-X-Name-First: Gerard 
Author-X-Name-Last: Klotz 
Title: Jules Dupuit, Societe d'economie politique de Paris and the issue of population in France (1850&#xa0;-&#xa0;66) 
Abstract:
  The tradition that views Dupuit only as a brilliant engineer-economist
 who trained at the Ecole nationale des Ponts et Chaussees remained strong
 in the fifty years that followed World War II. Within this tradition,
 research on Dupuit mostly was focused on his publications on surplus
 theory, road tolls and discriminating monopoly. His participation in the
 debates about other issues taking place within the various learned
 societies to which he belonged (Societe d'economie politique de Paris,
 Societe d'economie sociale, Societe de statistique de Paris) long remained
 unexplored. But recent research has begun filling the gap. This paper
 follows on these latter research efforts. It aims at uncovering a largely
 unknown facet of Dupuit, endeavouring to fully elicit his role in the
 various controversies that took place in France between 1850 and 1866 on
 the issues of population and the Malthusian principle of population. 
Journal: The European Journal of the History of Economic Thought 
Pages: 337-363 
Issue: 3 
Volume: 13 
Year: 2006 
Keywords: Jules Dupuit, Thomas Robert Malthus, population principle, Malthusianism, overpopulation, colonization, emigration, individualism, 
X-DOI: 10.1080/09672560600875406 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560600875406 
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Handle: RePEc:taf:eujhet:v:13:y:2006:i:3:p:337-363




Template-Type: ReDIF-Article 1.0
Author-Name: Mario Pomini 
Author-X-Name-First: Mario 
Author-X-Name-Last: Pomini 
Author-Name: Giovanni Tondini 
Author-X-Name-First: Giovanni 
Author-X-Name-Last: Tondini 
Title: The idea of increasing returns in neoclassical growth models 
Abstract:
  In the mid 1980s there was a remarkable revival of interest in growth
 theory and once again this became a very active area of macroeconomic
 research. A relevant strand of this approach is characterized by the
 departure from the usual assumption of diminishing returns of capital or,
 more generally, of the accumulated factor. This paper will show how the
 neoclassical theorists incorporated the idea of increasing return in the
 formal models of economic growth. The central point is that the recent
 recognition of the importance of this notion is not new but now depends on
 the vision of economic growth as driven by knowledge accumulation and no
 longer by capital accumulation as in the Solovian tradition. 
Journal: The European Journal of the History of Economic Thought 
Pages: 365-386 
Issue: 3 
Volume: 13 
Year: 2006 
Keywords: Theory of Endogenous Growth, neoclassical economics, technological change, 
X-DOI: 10.1080/09672560600875497 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560600875497 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:13:y:2006:i:3:p:365-386




Template-Type: ReDIF-Article 1.0
Author-Name: Peter Kesting 
Author-X-Name-First: Peter 
Author-X-Name-Last: Kesting 
Title: The interdependence between economic analysis and methodology in the work of Joseph A. Schumpeter 
Abstract:
  This paper offers an overview of Schumpeter's entire economic work from a
 methodological perspective. Only from this 'birds-eye' view do all the
 well-known parts of his work become part of a mosaic
 which&#xa0;-&#xa0;from a distance&#xa0;-&#xa0;forms a picture of logical
 succession: It tells the story of an intensive search for an appropriate
 analytical understanding of the phenomenon of economic change. As a
 result, this paper argues that, from a methodological perspective,
 Schumpeter's work appears to be anything but a monolithic unit. 
Journal: The European Journal of the History of Economic Thought 
Pages: 387-410 
Issue: 3 
Volume: 13 
Year: 2006 
Keywords: Joseph A. Schumpeter, Historical School, economic development, economic methodology, historical economics, 
X-DOI: 10.1080/09672560600875547 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560600875547 
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Handle: RePEc:taf:eujhet:v:13:y:2006:i:3:p:387-410




Template-Type: ReDIF-Article 1.0
Author-Name: Vincent Barnett 
Author-X-Name-First: Vincent 
Author-X-Name-Last: Barnett 
Title: Chancing an interpretation: Slutsky's random cycles revisited 
Abstract:
  This article examines Slutsky's 1927 paper 'The Summation of Random
 Causes as the Source of Cyclic Processes'. It provides an in-depth
 analysis of both the content and the reception of Slutsky's groundbreaking
 contribution by distinguishing between a 'real' and a 'statistical'
 interpretation of Slutsky's two related hypotheses, and also discusses the
 context of composition of the paper in the Moscow Conjuncture Institute.
 It then places the 1927 paper in the context of Slutsky's other work in
 economics and statistics, and highlights some lines of influence that have
 emanated from it. Various latent ambiguities in Slutsky's ideas are
 considered. 
Journal: The European Journal of the History of Economic Thought 
Pages: 411-432 
Issue: 3 
Volume: 13 
Year: 2006 
Keywords: Business cycles, econometrics, statistics, Kuznets, Frisch, 
X-DOI: 10.1080/09672560600875596 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560600875596 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:13:y:2006:i:3:p:411-432




Template-Type: ReDIF-Article 1.0
Author-Name: Heinz Kurz 
Author-X-Name-First: Heinz 
Author-X-Name-Last: Kurz 
Title: Whither the history of economic thought? Going nowhere rather slowly? 
Abstract:
  The paper argues that economics is not a perfect selection mechanism that
 preserves each and every economic idea that is valid and useful and
 jettisons all ideas that are not. The teleological view of the subject
 cannot be sustained. Therefore the task of the history of economic thought
 cannot be limited to the study of the past from the present state of
 economics. Another important task is to study the present state of
 economics from the standpoint of past authors in order to see what has
 been gained and what lost in the course of time. The history of the
 subject is a treasure trove of ideas. The history of economic thought may
 play a useful role by preserving valuable ideas which otherwise would fall
 into oblivion. To foster the subject is therefore also in the interest of
 general economists. 
Journal: The European Journal of the History of Economic Thought 
Pages: 463-488 
Issue: 4 
Volume: 13 
Year: 2006 
Keywords: Classical economics, hard science, history of economic thought, instrumentalism, intellectual style, new combinations, recombinant growth, Whig history, 
X-DOI: 10.1080/09672560601063929 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560601063929 
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Handle: RePEc:taf:eujhet:v:13:y:2006:i:4:p:463-488




Template-Type: ReDIF-Article 1.0
Author-Name: Jean-Louis Peaucelle 
Author-X-Name-First: Jean-Louis 
Author-X-Name-Last: Peaucelle 
Title: Adam Smith's use of multiple references for his pin making example 
Abstract:
  At the beginning of The Wealth of Nations Adam Smith describes a pin
 factory. It is widely accepted that this example comes from Diderot's
 Encyclopaedia, published in France in the 18th century. The details in the
 text together with the conferences previously given in Glasgow clearly
 show that this one reference cannot be the only source. Three other French
 publications on pin making may also have been used as references for Adam
 Smith's text. Phrase by phrase these texts are compared to Smith's to
 support the assertion that he based his work on four previous French
 publications. The Wealth of Nations unites and synthesizes these different
 sources and excerpts those parts that confirm his theory. Smith should
 have listed his sources. 
Journal: The European Journal of the History of Economic Thought 
Pages: 489-512 
Issue: 4 
Volume: 13 
Year: 2006 
Keywords: Adam Smith, pin making, division of labour, sources, encyclopaedia, 
X-DOI: 10.1080/09672560601025829 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560601025829 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:13:y:2006:i:4:p:489-512




Template-Type: ReDIF-Article 1.0
Author-Name: John Maloney 
Author-X-Name-First: John 
Author-X-Name-Last: Maloney 
Title: Britain's single currency debate of the late 1860s 
Abstract:
  Though a Royal Commission had rejected Britain joining the Latin Monetary
 Union, Robert Lowe, the Chancellor of the Exchequer, said he would
 recommend membership provided three conditions were satisfied. As these
 included a general adherence to the gold standard, nothing further came of
 it. But meanwhile there had been a complex public discussion of the
 subject, and the related topic of shrinking the pound coin so it weighed
 the same as the 25-franc piece. The debate shed much light on the
 contemporary state of value and monetary theory, and those who supported
 the changes had the best of it. 
Journal: The European Journal of the History of Economic Thought 
Pages: 513-531 
Issue: 4 
Volume: 13 
Year: 2006 
Keywords: Euro, money, Jevons, Lowe, coinage, 
X-DOI: 10.1080/09672560601025811 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560601025811 
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Template-Type: ReDIF-Article 1.0
Author-Name: Andres Vazquez 
Author-X-Name-First: Andres 
Author-X-Name-Last: Vazquez 
Title: Slonimsky's view on Antoine-Augustin Cournot 
Abstract:
  In 1878 the Russian Liudvig Zinov'sevich Slonimsky published a lengthy
 article on the mathematization of economics. To defend the legacy of
 applying mathematics in the study of economics, he made ample uses of both
 von Thunen and Cournot's works. The article published in Russian and in
 the Russian Vestnik Evropy (Journal of Europe) has passed virtually
 ignored by economists. This notes gives a complete account of Slonimsky's
 references to Cournot's work. 
Journal: The European Journal of the History of Economic Thought 
Pages: 533-541 
Issue: 4 
Volume: 13 
Year: 2006 
Keywords: Cournot's <i>Recherches</i>, mathematical economics, economic thought, Slonimsky's account of Cournot, 
X-DOI: 10.1080/09672560601025837 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560601025837 
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Template-Type: ReDIF-Article 1.0
Author-Name: Gerold Blumle 
Author-X-Name-First: Gerold 
Author-X-Name-Last: Blumle 
Author-Name: Nils Goldschmidt 
Author-X-Name-First: Nils 
Author-X-Name-Last: Goldschmidt 
Title: From economic stability to social order: The debate about business cycle theory in the 1920s and its relevance for the development of theories of social order by Lowe, Hayek and Eucken 
Abstract:
  The concepts of Adolph Lowe, Friedrich A. Hayek and Walter Eucken play an
 important role in the discussion of an adequate theory of economic and
 social order. It is noteworthy that at the beginning of their academic
 careers, these three economists dealt primarily with questions of business
 cycle theory. As we will show, this is not coincidental, but can be
 explained by economic history and the history of theory. Furthermore, all
 three economists agree that establishing a comprehensive social order
 would provide the basis for economic stability, although each postulates a
 different relationship between liberty and order. 
Journal: The European Journal of the History of Economic Thought 
Pages: 543-570 
Issue: 4 
Volume: 13 
Year: 2006 
Keywords: Business cycle theory, theories of social order, liberalism, economic policy, 
X-DOI: 10.1080/09672560601025761 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560601025761 
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Handle: RePEc:taf:eujhet:v:13:y:2006:i:4:p:543-570




Template-Type: ReDIF-Article 1.0
Author-Name: D. Wade Hands 
Author-X-Name-First: D. Wade 
Author-X-Name-Last: Hands 
Title: Frank Knight and pragmatism 
Abstract:
  One of many controversies surrounding the work of Frank Knight involves
 the question of whether, or to what degree, his ideas were consistent with
 those of American pragmatism. Substantive textual evidence can be found to
 support almost any simple answer to the question. This paper argues that
 while Knight was quite (often aggressively) opposed to a particular set of
 pragmatic ideas alive in the scholarly and social debates of his day, this
 fact says more about Knight's historical context than it does about the
 broader relationship between his philosophical position and pragmatism.
 Knight was opposed to the social control pragmatism of his day, but at the
 same time his general philosophical position has much in common with the
 features of the pragmatic tradition that are most emphasized in the recent
 philosophical literature. 
Journal: The European Journal of the History of Economic Thought 
Pages: 571-605 
Issue: 4 
Volume: 13 
Year: 2006 
Keywords: Knight, pragmatism, methodology, Chicago School, social control, Dewey, 
X-DOI: 10.1080/09672560601025779 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560601025779 
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Handle: RePEc:taf:eujhet:v:13:y:2006:i:4:p:571-605




Template-Type: ReDIF-Article 1.0
Author-Name: Marcella Corsi 
Author-X-Name-First: Marcella 
Author-X-Name-Last: Corsi 
Title: In memory of Paolo Sylos Labini (1920&#xa0;-&#xa0;2005) 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 607-611 
Issue: 4 
Volume: 13 
Year: 2006 
X-DOI: 10.1080/09672560601040760 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560601040760 
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Handle: RePEc:taf:eujhet:v:13:y:2006:i:4:p:607-611




Template-Type: ReDIF-Article 1.0
Author-Name: Kotaro Suzumura 
Author-X-Name-First: Kotaro 
Author-X-Name-Last: Suzumura 
Title: Shigeto Tsuru (1912&#xa0;-&#xa0;2006): Life, work and legacy 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 613-620 
Issue: 4 
Volume: 13 
Year: 2006 
X-DOI: 10.1080/09672560601040794 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560601040794 
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Template-Type: ReDIF-Article 1.0
Author-Name: Antoin Murphy 
Author-X-Name-First: Antoin 
Author-X-Name-Last: Murphy 
Title: 'The Elements of Commerce Delineated in Aphorisms'&#xa0;-&#xa0;An analysis of a newly discovered manuscript written by Joseph Massie 
Abstract:
  This paper discusses a recently discovered unpublished manuscript, 'The
 Elements of Commerce Delineated in Aphorisms', which can now be attributed
 to Joseph Massie, author of The Natural Rate of Interest (1750). It is
 conjectured that Massie wrote this manuscript to present pithily the
 outline of a book 'The Elements of Commerce' that he proposed to write.
 This book was to be used for educating students in what would have been
 Britain's first business school. The British Government turned down
 Massie's proposal for this business school. However, the manuscript 'The
 Elements of Commerce Delineated in Aphorisms' outlines the skeletal
 outline of part of the course that Massie would have liked to present. It
 shows Massie making significant contributions to economics in the areas of
 price theory, tax incidence and the role of money and the rate of
 interest. 
Journal: The European Journal of the History of Economic Thought 
Pages: 1-24 
Issue: 1 
Volume: 14 
Year: 2007 
Keywords: Joseph Massie, David Hume, business school, price theory, tax incidence, money and the rate of interest, 
X-DOI: 10.1080/09672560601176507 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560601176507 
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Template-Type: ReDIF-Article 1.0
Author-Name: Jerome de Boyer des Roches 
Author-X-Name-First: Jerome de Boyer des 
Author-X-Name-Last: Roches 
Title: Cause and effect in the gold points mechanism: A criticism of Ricardo's criticism of Thornton 
Abstract:
  Noting that it is Thornton, not Ricardo, who is the originator of the
 classical analysis of the gold points mechanism, this paper shows that
 Ricardo rejected this mechanism. This is done by considering his criticism
 of the causal link between deficits, the exchange rate and the price of
 gold. The paper first emphasizes Thornton's analysis of the links between
 gold points, bank risk and the high price of bullion. It is then shown how
 far Ricardo is led astray in his criticism of Thornton and his explanation
 of the high price of bullion and of the exchange market. 
Journal: The European Journal of the History of Economic Thought 
Pages: 25-53 
Issue: 1 
Volume: 14 
Year: 2007 
Keywords: Bank risk, bullionist controversy, gold points, Horner, Ricardo, Thornton, 
X-DOI: 10.1080/09672560601168363 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560601168363 
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Template-Type: ReDIF-Article 1.0
Author-Name: Katia Caldari 
Author-X-Name-First: Katia 
Author-X-Name-Last: Caldari 
Title: Alfred Marshall's critical analysis of scientific management 
Abstract:
  In Industry and Trade, 'A study of industrial technique and business
 organization; and of their influences on the conditions of various classes
 and nations' (1919), Alfred Marshall develops a detailed analysis of
 scientific management, emphasizing not only its unquestionable advantages
 but also its dangerous limits. Although in the literature Marshall's
 evaluation of scientific management has been considered rather positive,
 the author has found it sceptical and definitively critical in many
 passages of his book. This paper deals with Marshall's analysis in order
 to underline the reasons why he criticizes Taylor's system, which, at that
 time, sounded like the greatest expression of modernity. 
Journal: The European Journal of the History of Economic Thought 
Pages: 55-78 
Issue: 1 
Volume: 14 
Year: 2007 
Keywords: Scientific management, industrial organization, division of labour, progress, 
X-DOI: 10.1080/09672560601168405 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560601168405 
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Handle: RePEc:taf:eujhet:v:14:y:2007:i:1:p:55-78




Template-Type: ReDIF-Article 1.0
Author-Name: Alberto Baccini 
Author-X-Name-First: Alberto 
Author-X-Name-Last: Baccini 
Title: Edgeworth on the foundations of ethics and probability 
Abstract:
  The paper analyses the foundation of utilitarian ethics and theory of
 probability in the works of Francis Y. Edgeworth. It is argued that he
 pursued a unitary philosophical project: the search for a common
 epistemological foundation for the social sciences. Their common root is
 the idea of 'hereditary experience' derived from Herbert Spencer's work.
 This idea justified Edgeworth's adoption of the notion of the man as a
 'pleasure machine', which was necessary to solve the maximization problems
 in ethics and economics; and the enlargement of the frequentist definition
 of probability, necessary for the development of his statistical theory. 
Journal: The European Journal of the History of Economic Thought 
Pages: 79-96 
Issue: 1 
Volume: 14 
Year: 2007 
Keywords: Francis Y. Edgeworth, probability, utilitarianism, 
X-DOI: 10.1080/09672560601168447 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560601168447 
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Template-Type: ReDIF-Article 1.0
Author-Name: Micha&#xeb;l Assous 
Author-X-Name-First: Micha&#xeb;l 
Author-X-Name-Last: Assous 
Title: Kalecki's 1934 model VS. the IS-LM model of Hicks (1937) and Modigliani (1944) 
Abstract:
  This article is based on Kalecki's * 1934 study entitled 'Three Systems'.
 It aims to show that before the General Theory Kalecki developed a
 mathematical model capable of expressing both the main conclusions of the
 neoclassical theory&#xa0;-&#xa0;Kalecki's Systems I and II&#xa0;-&#xa0;and
 the persistence of unemployment&#xa0;-&#xa0;Kalecki's System III. The
 present analysis stresses the relevance and the originality of Kalecki's
 1934 model by comparing it to the two main variants of the IS-LM
 model&#xa0;-&#xa0;Hicks (1937) and Modigliani (1944)&#xa0;-&#xa0;around
 which the neoclassical synthesis was built. It shows that although there
 does indeed exist a formal proximity between Kalecki's model and those of
 Hicks and Modigliani, Kalecki can be considered the first to offer an
 original explanation of the difference between classical and Keynesian
 models that depends neither on liquidity preference as proposed by Hicks
 nor on the rigidity of money wages as proposed by Modigliani. 
Journal: The European Journal of the History of Economic Thought 
Pages: 97-118 
Issue: 1 
Volume: 14 
Year: 2007 
Keywords: Kalecki, Say's law, quasi-equilibrium, Modigliani, Hicks, IS-LM, theory of liquidity preference, money wage flexibility, 
X-DOI: 10.1080/09672560601168488 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560601168488 
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Template-Type: ReDIF-Article 1.0
Author-Name: Ivan Moscati 
Author-X-Name-First: Ivan 
Author-X-Name-Last: Moscati 
Title: History of consumer demand theory 1871&#xa0;-&#xa0;1971: A Neo-Kantian rational reconstruction 
Abstract:
  This paper examines the history of the neoclassical theory of consumer
 demand from 1871 to 1971 by bringing into play the knowledge theory of the
 Marburg School, a Neo-Kantian philosophical movement. The work aims to
 show the usefulness of a Marburg-inspired epistemology in rationalizing
 the development of consumer analysis and, more generally, to understand
 the principles that regulate the process of knowing in neoclassical
 economics. 
Journal: The European Journal of the History of Economic Thought 
Pages: 119-156 
Issue: 1 
Volume: 14 
Year: 2007 
Keywords: Consumer theory, demand theory, utility theory, Neo-Kantianism, Marburg School, systematicity, 
X-DOI: 10.1080/09672560601168504 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560601168504 
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Template-Type: ReDIF-Article 1.0
Author-Name: Pierangelo Garegnani 
Author-X-Name-First: Pierangelo 
Author-X-Name-Last: Garegnani 
Title: Professor Samuelson on Sraffa and the classical economists 
Abstract:
  In this article, part of an ongoing discussion, Samuelson (2000) is taken
 as the occasion for a critical examination of Samuelson's work on the
 classical economists and Sraffa, a subject of continuing interest for that
 author, especially after Sraffa (1960). The article argues for the
 existence in Smith and Ricardo of an alternative approach to distribution
 and prices, and it aims at a critique of Samuelson's contention that
 'Smith, Ricardo and J.S. Mill used essentially the same logical paradigm
 as did Walras and Arrow Debreu' (2000: 140). In the first two sections,
 the attempt by Arrow (1991) to detect in Ricardo a theory of prices
 independent of demand&#x2014;and founded instead on a real wage determined
 separately from, though not necessarily independently of, prices and the
 non-wage distributive variables&#x2014;is considered with its implication
 of the wage entering the determination of the latter as an 'intermediate
 datum' of the theory. This then makes it possible to outline the
 characteristic analysis we find in Smith and Ricardo, where the wage as
 'intermediate datum' entails a similar treatment of the output levels. The
 resulting theoretical structure is then used in order to answer, in
 sections III and IV, the two basic criticism, that Samuelson has advanced
 against Sraffa (1960). While the claimed dependence of the (1960) prices
 on an assumption of constant returns is voided by the mentioned treatment
 of outputs as intermediate data, the relevance of the Standard commodity,
 as well as that of Ricardo's 'invariable measure of value' is explained by
 the needs of determining non-wage incomes as a difference or 'residual',
 the essence of the theoretical structure under consideration. Section V
 then deals more directly with Samuelson's denial of the existence of a
 classical paradigm of economic theory. His arguments and interpretations
 are found to be in contrast with central features of Smith and Ricardo's
 work and, in particular, with their theory of wages. Thus, the admission
 of labour unemployment in 'normal' competitive positions compels Samuelson
 to a highly questionable interpretation of the chapter 'On Machinery' in
 Ricardo's Principles. In section VI, finally, the attribution to 'Sraffian
 literature' of a central concern for what Samuelson sees as 'steady
 states', but are in fact the traditional 'normal positions' of the economy
 leads the article to the deficiencies of neoclassical theory&#x2014;an
 issue inevitably underlying the debate on the Classical paradigm. The
 dependence of the traditional versions of the theory, based on normal
 positions, on the notion of capital as a single magnitude&#x2014;which
 forced the generalized abandonment of those versions in pure theory after
 the early stages of the capital controversies&#x2014;is argued to emerge
 as equally present in the contemporary reformulations of the theory, thus
 affecting them, it is argued, no less than it did the abandoned earlier
 versions. 
Journal: The European Journal of the History of Economic Thought 
Pages: 181-242 
Issue: 2 
Volume: 14 
Year: 2007 
Keywords: Samuelson, Sraffa, classical economists, neoclassical theory, capital, wages, demand and supply, distribution, surplus theories, 
X-DOI: 10.1080/09672560701327919 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560701327919 
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Template-Type: ReDIF-Article 1.0
Author-Name: Paul A. Samuelson 
Author-X-Name-First: Paul A. 
Author-X-Name-Last: Samuelson 
Title: Classical and Neoclassical harmonies and dissonances 
Abstract:
  Proofs are given that only singularly can real 1750&#xa0;-&#xa0;2007
 competitive price ratios be 'natural', in the sense of being invariant
 under changes in demand tastes. Proofs are given that both
 1750&#xa0;-&#xa0;1870 discrete technologies or 1890&#xa0;-&#xa0;2007
 continuum technologies, with convexity properties sufficient for
 arbitrage-proof supply-demand equilibria, will be 'intertemporally Pareto
 optimal', immune to leaving any deadweight (inefficient) losses on the
 table. Sraffa (1960), ignoring the vast post-1945 linear and non-linear
 programming mathematical literature of Danzig, Kuhn-Tucker-Bellman, von
 Neumann, Ramsey literature does not quite arrive at attainable
 distribution solutions. Where it tolerates increasing or decreasing
 returns to scale, there can be no competitive equilibria. When its matrix
 equations do obey first-degree-homogeneous functions, the book's stress on
 Basics or non-Basics is an irrelevancy leading to bizarre novel
 interpretations of Ricardo. Old age overtakes us all. Alas, Sraffs's
 proposed critique of twentieth century political economy we will never be
 able to know. 
Journal: The European Journal of the History of Economic Thought 
Pages: 243-271 
Issue: 2 
Volume: 14 
Year: 2007 
Keywords: Non-spurious marginalisms for limited-substitutability or smooth differentiable technologies, 'Master Functions' (cornered or smooth), scales-return constancy for competition, generic <i>inequality</i> of <i>own rate of interest</i>!, 
X-DOI: 10.1080/09672560701327950 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560701327950 
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Handle: RePEc:taf:eujhet:v:14:y:2007:i:2:p:243-271




Template-Type: ReDIF-Article 1.0
Author-Name: Peter Groenewegen 
Author-X-Name-First: Peter 
Author-X-Name-Last: Groenewegen 
Title: Alfred Marshall's use of Adam Smith: Coming to grips with an aspect of Alfred Marshall's citation practice 
Abstract:
  This paper outlines Marshall's use of Smith's writings in his own
 published work as an aspect of Marshall's citation practice and to
 demonstrate Marshall's great admiration for Smith as economist. Section 2
 reviews the Smith citations in Marshall's Principles of Economics',
 section 3 those in Marshall's other published work. The conclusion notes
 that this citation practice matches Marshall's great admiration Smith the
 economist, because of Smith's great ability to blend fact and theory, for
 drawing measured conclusions and, above all, for constructing useful
 arguments in a field of imprecise knowledge. 
Journal: The European Journal of the History of Economic Thought 
Pages: 273-289 
Issue: 2 
Volume: 14 
Year: 2007 
Keywords: Smith, Marshall, classical economics, citation practice, 
X-DOI: 10.1080/09672560701327968 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560701327968 
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Handle: RePEc:taf:eujhet:v:14:y:2007:i:2:p:273-289




Template-Type: ReDIF-Article 1.0
Author-Name: Malcolm Rutherford 
Author-X-Name-First: Malcolm 
Author-X-Name-Last: Rutherford 
Title: American institutionalism and its British connections 
Abstract:
  This paper examines the connections between American institutionalists
 and a number of 'non-Marshallian' British economists and social
 scientists, several of whom were associated with the Fabian Society or the
 London School of Economics or both. Specifically, the links between
 institutionalists such as Walton Hamilton and Wesley Mitchell and British
 social scientists such as John A. Hobson, Henry Clay, R.A. Tawney, William
 Beveridge and Graham Wallas. It is argued that these connections were
 related to common views on the importance of institutions, compatible
 methodological views, common interest in questions of social value, shared
 policy concerns (particularly unemployment and the coal industry), shared
 interests in the development of new institutions for education and
 research in economics and shared connections with the funding activities
 of the Rockefeller Foundation. These connections were much more extensive
 than has usually been realized. Some reasons for this British group not to
 form into a movement similar to American institutionalism are explored. 
Journal: The European Journal of the History of Economic Thought 
Pages: 291-323 
Issue: 2 
Volume: 14 
Year: 2007 
Keywords: American institutional economics, English Welfare School, Fabian Society, London School of Economics, Henry Clay, 
X-DOI: 10.1080/09672560701327984 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560701327984 
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Handle: RePEc:taf:eujhet:v:14:y:2007:i:2:p:291-323




Template-Type: ReDIF-Article 1.0
Author-Name: Toshiaki Hirai 
Author-X-Name-First: Toshiaki 
Author-X-Name-Last: Hirai 
Title: How did Keynes transform his theory from the Tract into the Treatise ?&#x2014;Consideration through primary material 
Abstract:
  The main purpose of this paper is to clarify on the evidence of primary
 material how Keynes transformed his theory from the Tract to the Treatise.
 Keynes went on working along the lines of the Tract theory until around
 April 1926, subsequently adopting the Transaction Approach up until
 September 1927. The paper stresses the importance of the three TOC between
 September 1927 and September 1928 as pointing the way towards the
 Treatise's fundamental equations&#xa0;-&#xa0;the breakthrough opening the
 way to the Treatise. The second fundamental equation, the TM supply
 function and the natural rate of interest had made their appearance by
 April 1930. 
Journal: The European Journal of the History of Economic Thought 
Pages: 325-348 
Issue: 2 
Volume: 14 
Year: 2007 
Keywords: Keynes, <i>A Tract on Monetary Reform</i>, <i>A Treatise on Money</i>, Keynes papers, 
X-DOI: 10.1080/09672560701327992 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560701327992 
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Handle: RePEc:taf:eujhet:v:14:y:2007:i:2:p:325-348




Template-Type: ReDIF-Article 1.0
Author-Name: Roxana Bobulescu 
Author-X-Name-First: Roxana 
Author-X-Name-Last: Bobulescu 
Title: Parametric external economies and the Cambridge controversy on returns 
Abstract:
  The paper focuses on the theoretical modifications of the concept of
 external economies built by Marshall. The history of external economies
 was at its crossroads in the thirties, when the Symposium on Increasing
 Returns took place in Cambridge. Sraffa formulated the main criticism
 against external economies by pointing to its lack of compatibility with
 perfect competition, statics and partial equilibrium. I shall try to show
 that the construction of parametric external economies by John Chipman
 (1970) is the logical outcome of the controversy on returns, opposing
 Sraffa to Marshall, Pigou, Shove and Robertson (1930). 
Journal: The European Journal of the History of Economic Thought 
Pages: 349-372 
Issue: 2 
Volume: 14 
Year: 2007 
Keywords: Increasing returns, (parametric) external economies, competitive equilibrium, 
X-DOI: 10.1080/09672560701328065 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560701328065 
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Handle: RePEc:taf:eujhet:v:14:y:2007:i:2:p:349-372




Template-Type: ReDIF-Article 1.0
Author-Name: David Laidler 
Author-X-Name-First: David 
Author-X-Name-Last: Laidler 
Title: Milton Friedman&#xa0;-&#xa0;a brief obituary 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 373-381 
Issue: 2 
Volume: 14 
Year: 2007 
X-DOI: 10.1080/09672560701328107 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560701328107 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:14:y:2007:i:2:p:373-381




Template-Type: ReDIF-Article 1.0
Author-Name: Mauro Boianovsky 
Author-X-Name-First: Mauro 
Author-X-Name-Last: Boianovsky 
Author-Name: Guido Erreygers 
Author-X-Name-First: Guido 
Author-X-Name-Last: Erreygers 
Title: Early contributions to quantitative business cycle research: An introduction 
Abstract:
  This is an introduction to a selection of papers on early contributions
 to quantitative business cycle theory. The papers, originally presented at
 a conference in Antwerp in September 2005, are written by Edmond
 Malinvaud, Olav Bjerkholt, Mauro Boianovsky and Hans-Michael Trautwein,
 Robert W. Dimand and William Veloce, and Guido Erreygers and Albert
 Jolink. 
Journal: The European Journal of the History of Economic Thought 
Pages: 415-421 
Issue: 3 
Volume: 14 
Year: 2007 
Keywords: Business cycle theory, econometrics, mathematical economics, 
X-DOI: 10.1080/09672560701570328 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560701570328 
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Handle: RePEc:taf:eujhet:v:14:y:2007:i:3:p:415-421




Template-Type: ReDIF-Article 1.0
Author-Name: Edmond Malinvaud 
Author-X-Name-First: Edmond 
Author-X-Name-Last: Malinvaud 
Title: About the role, in older days, of econometrics in quantitative economics* 
Abstract:
  Coming after recent contributions on the history of econometric ideas, my
 testimony as an old econometrician first touches on the early relations
 between quantitative economics and economic theory, both in France during
 the thirties and around the Cowles Commission in Chicago during the late
 forties. The main part of the paper aims at showing how essential roles
 were later played by the emergence of a system of concepts, and by
 discussions about the potentials of macroeconometric models for testing
 theories, forecasting trends or still analysing contemplated policies. 
Journal: The European Journal of the History of Economic Thought 
Pages: 423-448 
Issue: 3 
Volume: 14 
Year: 2007 
Keywords: History of quantitative economics, measurement with theory, the probability approach, macroeconometric models, methodology, 
X-DOI: 10.1080/09672560701570336 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560701570336 
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Handle: RePEc:taf:eujhet:v:14:y:2007:i:3:p:423-448




Template-Type: ReDIF-Article 1.0
Author-Name: Olav Bjerkholt 
Author-X-Name-First: Olav 
Author-X-Name-Last: Bjerkholt 
Title: Ragnar Frisch's business cycle approach: The genesis of the propagation and impulse model* 
Abstract:
  Business cycle analysis was at the centre of attention in economics
 during Ragnar Frisch's formative years as a young economist. Frisch was
 concerned about the inability of modern economies to prevent economic
 fluctuations from playing havoc with the livelihood of millions. After
 first studying and improving methods for analysing time series data,
 Frisch focused on the nature of a proper theoretical explanation of
 economic fluctuations. Thus, Frisch's interest was not so much business
 cycle analysis in the substantive sense, but the appropriate methods for
 analysing and explaining cycles. He is best known for the model he
 presented in his 'Propagation and Impulse' essay in the Festschrift for
 Gustav Cassel. Due to Frisch's incomplete publication of his work his
 essay may have been interpreted with too much emphasis on the content and
 properties of the macroeconomic model Frisch presented. His real message
 was to demonstrate his overall paradigm for macro analysis in economics.
 This article looks in more detail at Frisch's methodology and the genesis
 of the propagation and impulse model. The presentation is non-technical
 and includes some biographical details. 
Journal: The European Journal of the History of Economic Thought 
Pages: 449-486 
Issue: 3 
Volume: 14 
Year: 2007 
Keywords: Ragnar Frisch, business cycle analysis, propagation and impulse, rocking-horse, 
X-DOI: 10.1080/09672560701570351 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560701570351 
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Handle: RePEc:taf:eujhet:v:14:y:2007:i:3:p:449-486




Template-Type: ReDIF-Article 1.0
Author-Name: Mauro Boianovsky 
Author-X-Name-First: Mauro 
Author-X-Name-Last: Boianovsky 
Author-Name: Hans-Michael Trautwein 
Author-X-Name-First: Hans-Michael 
Author-X-Name-Last: Trautwein 
Title: Johan &#xc5;kerman vs. Ragnar Frisch on Quantitative Business Cycle Analysis 
Abstract:
  The article provides an account of the debate that took place between the
 late 1920s and the mid 1930s between the Scandinavian economists Johan
 &#xc5;kerman and Ragnar Frisch about the quantitative treatment of
 aggregate economic fluctuations. Although both interpreted the business
 cycle as an interference phenomenon between waves of different order, they
 disagreed on how to model its generation mechanism. &#xc5;kerman's
 emphasis on seasonal changes in his path-breaking application of harmonic
 analysis to economic fluctuations was rejected by Frisch, who instead
 suggested the explanation of business cycles as free oscillations
 determined by impulse and propagation mechanisms. 
Journal: The European Journal of the History of Economic Thought 
Pages: 487-517 
Issue: 3 
Volume: 14 
Year: 2007 
Keywords: &#xc5;kerman, Frisch, harmonic analysis, seasonal changes, interference phenomenon, impulse and propagation mechanisms, business cycles, 
X-DOI: 10.1080/09672560701570369 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560701570369 
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Handle: RePEc:taf:eujhet:v:14:y:2007:i:3:p:487-517




Template-Type: ReDIF-Article 1.0
Author-Name: Robert Dimand 
Author-X-Name-First: Robert 
Author-X-Name-Last: Dimand 
Author-Name: William Veloce 
Author-X-Name-First: William 
Author-X-Name-Last: Veloce 
Title: Charles F. Roos, Harold T. Davis and the Quantitative Approach to Business Cycle Analysis at the Cowles Commission in the 1930s and early 1940s* 
Abstract:
  While much has been written about the history of the Cowles Commission
 for Research in Economics after its move from Colorado Springs to Chicago
 in 1939, its earlier history under the first two Cowles Commission
 research directors, Charles F. Roos and Harold T. Davis, is little known.
 This paper examines their quantitative approach to business analysis,
 notably in Roos' 1934 Cowles monograph on Dynamic Economics and Davis's
 1941 books on The Analysis of Economic Time Series and The Theory of
 Econometrics. 
Journal: The European Journal of the History of Economic Thought 
Pages: 519-542 
Issue: 3 
Volume: 14 
Year: 2007 
Keywords: Cowles Commission, Davis, Roos, quantification, business cycle analysis, 
X-DOI: 10.1080/09672560701570377 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560701570377 
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Handle: RePEc:taf:eujhet:v:14:y:2007:i:3:p:519-542




Template-Type: ReDIF-Article 1.0
Author-Name: Guido Erreygers 
Author-X-Name-First: Guido 
Author-X-Name-Last: Erreygers 
Author-Name: Albert Jolink 
Author-X-Name-First: Albert 
Author-X-Name-Last: Jolink 
Title: Perturbation, networks and business cycles: Bernard Chait's pioneering work in econometrics* 
Abstract:
  The little-known Belgian engineer Bernard Chait contributed to business
 cycle theory by means of a mathematical model, of which the 'law of
 divergence' was an important building block. The law of divergence has
 been interpreted as a generalization of the acceleration principle. This
 paper draws upon published and archival sources to examine the sources of
 Chait's thinking, explain the basics of his model and assess the impact of
 his work. His relations with Francois Divisia and Jan Tinbergen are
 explored and his claim that Leontief's dynamic input&#xa0;-&#xa0;model was
 an unacknowledged reformulation of his own work is analysed. 
Journal: The European Journal of the History of Economic Thought 
Pages: 543-571 
Issue: 3 
Volume: 14 
Year: 2007 
Keywords: Bernard Chait, Jan Tinbergen, Francois Divisia, business cycle theory, acceleration principle, 
X-DOI: 10.1080/09672560701570385 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560701570385 
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Handle: RePEc:taf:eujhet:v:14:y:2007:i:3:p:543-571




Template-Type: ReDIF-Article 1.0
Author-Name: Pierangelo Garegnani 
Author-X-Name-First: Pierangelo 
Author-X-Name-Last: Garegnani 
Title: Samuelson's misses: A rejoinder* 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 573-585 
Issue: 3 
Volume: 14 
Year: 2007 
X-DOI: 10.1080/09672560701570393 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560701570393 
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Handle: RePEc:taf:eujhet:v:14:y:2007:i:3:p:573-585




Template-Type: ReDIF-Article 1.0
Author-Name: Richard Sturn 
Author-X-Name-First: Richard 
Author-X-Name-Last: Sturn 
Title: Richard Abel Musgrave 1910&#xa0;-&#xa0;2007 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 587-595 
Issue: 3 
Volume: 14 
Year: 2007 
X-DOI: 10.1080/09672560701570401 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560701570401 
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Handle: RePEc:taf:eujhet:v:14:y:2007:i:3:p:587-595




Template-Type: ReDIF-Article 1.0
Author-Name: Eyup Ozveren 
Author-X-Name-First: Eyup 
Author-X-Name-Last: Ozveren 
Title: Bazaars of the Thousand and One Nights 
Abstract:
  A re-reading of the Thousand and One Nights in light of economic thought
 is attempted here. These stories characterize a bazaar economy as the dark
 side of medieval economics. The process-view of the bazaar is discussed in
 relation to Smith, Walras and the Austrian School. The tacit notions of
 'market price' and 'natural price' are touched upon. Auctions are then
 elaborated with reference to Bohm-Bawerk. Moreover, the role of asymmetric
 information as a recurrent theme is interpreted in relation with Akerlof's
 approach. Finally, the collective function of the tales in fostering
 confidence in a less-than-well instituted bazaar economy is emphasized. 
Journal: The European Journal of the History of Economic Thought 
Pages: 629-655 
Issue: 4 
Volume: 14 
Year: 2007 
Keywords: <i>Thousand and One Nights</i>, bazaar economy, market process, auction, asymmetric information, 
X-DOI: 10.1080/09672560701695489 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560701695489 
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Handle: RePEc:taf:eujhet:v:14:y:2007:i:4:p:629-655




Template-Type: ReDIF-Article 1.0
Author-Name: Jean-Stephane Mesonnier 
Author-X-Name-First: Jean-Stephane 
Author-X-Name-Last: Mesonnier 
Title: Interest rate gaps and monetary policy in the work of Henry Thornton: Beyond a retrospective Wicksellian reading 
Abstract:
  This paper revisits the theory of interest rates propounded by Henry
 Thornton (1760&#xa0;-&#xa0;1815). Particular attention is paid to
 Thornton's examination of the inflationary effects of the gap between the
 Bank of England's discount rate and the current rate of profit. The paper
 shows that Thornton is also concerned, unlike Wicksell, about the
 consequences of a gap between the Bank of England's discount rate and the
 effective bank lending rate on the market for loanable funds, which
 results mainly from the usury laws. Thornton's analyses offer then a
 framework for regulating the value of money through adjustments to the
 bank rate. 
Journal: The European Journal of the History of Economic Thought 
Pages: 657-680 
Issue: 4 
Volume: 14 
Year: 2007 
Keywords: Bank rate, natural interest rate, monetary policy, Thornton, Wicksell, 
X-DOI: 10.1080/09672560701695505 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560701695505 
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Handle: RePEc:taf:eujhet:v:14:y:2007:i:4:p:657-680




Template-Type: ReDIF-Article 1.0
Author-Name: Alain Marciano 
Author-X-Name-First: Alain 
Author-X-Name-Last: Marciano 
Title: Economists on Darwin's theory of social evolution and human behaviour 
Abstract:
  This article analyses Darwin's image among economists with a specific
 focus on his theory of social evolution as presented in the Descent of Man
 (1871). We propose an analysis of the way and context in which economists
 refer to Darwin, mention his name and quote his writings. It then appears
 that Darwin is most of the time viewed as a biologist only, who never
 developed his own theory of social evolution. He is thus quoted as a
 biologist who either borrowed concepts from economists who developed a
 theory of social evolution, or laid the basis for biological theory of
 social evolution developed by others, Spencer, in particular. It is only
 recently that eventually the twofold dimensions&#x2014;biological and
 social&#x2014;of Darwin's general theory of evolution are considered
 together by bioeconomists. 
Journal: The European Journal of the History of Economic Thought 
Pages: 681-700 
Issue: 4 
Volume: 14 
Year: 2007 
Keywords: Darwin, <i>Descent of Man</i>, social evolution, evolutionary economics, bioeconomics, 
X-DOI: 10.1080/09672560701695513 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560701695513 
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Handle: RePEc:taf:eujhet:v:14:y:2007:i:4:p:681-700




Template-Type: ReDIF-Article 1.0
Author-Name: Nicola Meccheri 
Author-X-Name-First: Nicola 
Author-X-Name-Last: Meccheri 
Title: Wage behaviour and unemployment in Keynes' and New Keynesians' views: A comparison 
Abstract:
  The paper compares different strands of New Keynesian Economics with
 regard to Keynes' original work. Two issues are analysed in detail. First,
 the explanations provided by Keynes and New Keynesians of nominal and real
 wage behaviour. Second, the different theories concerning the ability of
 flexible nominal wages in assuring full employment. It is argued that,
 although involuntary unemployment is a central problem both in Keynes' and
 New Keynesians' views, referring to the role of nominal and real wages in
 explaining unemployment, New Keynesians theories present important
 features that differ, sometimes substantially, from the concepts developed
 by Keynes in his General Theory. 
Journal: The European Journal of the History of Economic Thought 
Pages: 701-724 
Issue: 4 
Volume: 14 
Year: 2007 
Keywords: J.M. Keynes, new Keynesian economics, nominal wages, real wages, unemployment, 
X-DOI: 10.1080/09672560701695521 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560701695521 
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Handle: RePEc:taf:eujhet:v:14:y:2007:i:4:p:701-724




Template-Type: ReDIF-Article 1.0
Author-Name: Jochen Hartwig 
Author-X-Name-First: Jochen 
Author-X-Name-Last: Hartwig 
Title: Keynes vs. the Post Keynesians on the Principle of Effective Demand 
Abstract:
  The American Post Keynesians&#xa0;-&#xa0;those who attach importance to
 the capital 'P' and the absence of a hyphen between 'post' and
 'Keynesian'- claim to be Keynes' most literal interpreters or the 'truest'
 Keynesians (Holt et al. 1998: 17). This paper compares the Post Keynesian
 interpretation of the Principle of Effective Demand, i.e. the D/Z-model,
 with Keynes' own presentation in chapter 3 of the General Theory- and
 finds substantial differences. A re-interpretation of the D/Z-model is
 offered that would bring it into line with chapter 3. 
Journal: The European Journal of the History of Economic Thought 
Pages: 725-739 
Issue: 4 
Volume: 14 
Year: 2007 
Keywords: Effective demand, Post Keynesianism, D/Z-model, 
X-DOI: 10.1080/09672560701695554 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560701695554 
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Handle: RePEc:taf:eujhet:v:14:y:2007:i:4:p:725-739




Template-Type: ReDIF-Article 1.0
Author-Name: Jordi Pascual 
Author-X-Name-First: Jordi 
Author-X-Name-Last: Pascual 
Title: Lluis Argemi d'Abadal (1945&#xa0;-&#xa0;2007) 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 741-744 
Issue: 4 
Volume: 14 
Year: 2007 
X-DOI: 10.1080/09672560701695570 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560701695570 
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Handle: RePEc:taf:eujhet:v:14:y:2007:i:4:p:741-744




Template-Type: ReDIF-Article 1.0
Author-Name: Gilbert Faccarello 
Author-X-Name-First: Gilbert 
Author-X-Name-Last: Faccarello 
Author-Name: Philippe Steiner 
Author-X-Name-First: Philippe 
Author-X-Name-Last: Steiner 
Title: Interest, sensationism and the science of the legislator: French 'philosophie economique', 1695-1830 
Abstract:
  For many centuries religion dominated the thought and behaviour of
 peoples. From the end of the seventeenth century, however, it was
 progressively replaced by political economy, which in turn developed its
 full influence during the nineteenth century, imposing a new 'ethos' and a
 new 'conduct of life'. So that we might better understand this fact, a
 Weberian ideal-type is proposed: philosophie economique. Illustrated by
 the works of Boisguilbert, Quesnay, Turgot and Say, it elaborates three
 main elements: interested behaviour, sensationism and a specific
 conception of the 'science of the legislator'. 
Journal: The European Journal of the History of Economic Thought 
Pages: 1-23 
Issue: 1 
Volume: 15 
Year: 2008 
Keywords: Pre-classical political economy, logic of interest, science of the legislator, Boisguilbert, Quesnay, Turgot, Say, 
X-DOI: 10.1080/09672560701858608 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560701858608 
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Template-Type: ReDIF-Article 1.0
Author-Name: Ragip Ege 
Author-X-Name-First: Ragip 
Author-X-Name-Last: Ege 
Author-Name: Herrade Igersheim 
Author-X-Name-First: Herrade 
Author-X-Name-Last: Igersheim 
Title: Rawls with Hegel: The concept of 'Liberalism of freedom' 
Abstract:
  The purpose of this paper is to stress the common characteristics of
 Hegelian and Rawlsian thoughts. It is shown that Hegel and Rawls have
 similar objectives, since they both attempt to determine the possibility
 condition of the reconciliation of the reasonable and the rational, of the
 universal and the particular. They share a similar concern, which
 integrates but tries to overcome the Kantian one: their works examine how
 political freedom can be achieved and how an empirical and implementable
 theory can be built. 
Journal: The European Journal of the History of Economic Thought 
Pages: 25-47 
Issue: 1 
Volume: 15 
Year: 2008 
Keywords: Philosophical theories of justice, Rawls, Hegel, social justice, liberalism of freedom, 
X-DOI: 10.1080/09672560701858640 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560701858640 
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Handle: RePEc:taf:eujhet:v:15:y:2008:i:1:p:25-47




Template-Type: ReDIF-Article 1.0
Author-Name: Matthew Smith 
Author-X-Name-First: Matthew 
Author-X-Name-Last: Smith 
Title: Thomas Tooke on the Bullionist controversies 
Abstract:
  This paper examines the position of Thomas Tooke (1774-1858) on the
 issues at the centre of the Bullionist controversies, which occurred
 during the restriction of cash payments by the Bank of England in the
 period 1797-1821. It shows that Tooke was a strong supporter of resumption
 and the gold standard, but that from the beginning, his monetary thought
 significantly differed from that of the Bullionists. The paper shows that
 Tooke's explanation of price inflation and the depreciation of the paper
 currency as well as his assessment of the Bank of England largely
 supported the position of the anti-Bullionists against the Bullionists. 
Journal: The European Journal of the History of Economic Thought 
Pages: 49-84 
Issue: 1 
Volume: 15 
Year: 2008 
Keywords: Monetary economics, Thomas Tooke, Bullionists, Anti-Bullionists, classical economics, banking school, 
X-DOI: 10.1080/09672560701858681 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560701858681 
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Handle: RePEc:taf:eujhet:v:15:y:2008:i:1:p:49-84




Template-Type: ReDIF-Article 1.0
Author-Name: Michel Zouboulakis 
Author-X-Name-First: Michel 
Author-X-Name-Last: Zouboulakis 
Title: Contesting the autonomy of political economy: The early positivist criticism of economic knowledge 
Abstract:
  A strong critical movement emerged in the mid 1860s based on Auguste
 Comte's idea of a unified social science. Presented here is the debate
 over the independence of political economy vis-a-vis the other branches of
 social science, between Frederic Harrison and John Kells Ingram on the one
 side, and John Stuart Mill and John Elliot Cairnes on the other. While the
 independence of political economy was rescued, its policy relevance and
 public reputation were seriously affected. The positivist reaction helped
 unintentionally to establish economics with far less relationship to other
 social disciplines. 
Journal: The European Journal of the History of Economic Thought 
Pages: 85-103 
Issue: 1 
Volume: 15 
Year: 2008 
Keywords: Comte, Mill, Harrison, Cairnes, Ingram, economics and sociology, 
X-DOI: 10.1080/09672560701858699 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560701858699 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:15:y:2008:i:1:p:85-103




Template-Type: ReDIF-Article 1.0
Author-Name: Abdallah Zouache 
Author-X-Name-First: Abdallah 
Author-X-Name-Last: Zouache 
Title: On the microeconomic foundations of macroeconomics in the Hayek-Keynes controversy 
Abstract:
  This article contributes to the literature on the Hayek-Keynes
 controversy on two points. The first contribution is to show that the
 question of the micro-foundations of macroeconomics is crucial to
 understand the Hayek-Keynes controversy. The second contribution is to
 reveal that Hayek's attack on the micro-foundations issue had a
 methodological impact on the making of the General Theory especially via
 the concept of marginal efficiency of capital. The paper concludes that
 what finally contrasts Hayek and Keynes is the kind of micro-foundations
 that economists should adopt to explain business cycles. 
Journal: The European Journal of the History of Economic Thought 
Pages: 105-127 
Issue: 1 
Volume: 15 
Year: 2008 
Keywords: Keynes-Hayek, microeconomic foundations, capital, 
X-DOI: 10.1080/09672560701858707 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560701858707 
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Handle: RePEc:taf:eujhet:v:15:y:2008:i:1:p:105-127




Template-Type: ReDIF-Article 1.0
Author-Name: John Maloney 
Author-X-Name-First: John 
Author-X-Name-Last: Maloney 
Title: A. W. Bob Coats, 1924-2007 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 129-133 
Issue: 1 
Volume: 15 
Year: 2008 
X-DOI: 10.1080/09672560701858715 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560701858715 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:15:y:2008:i:1:p:129-133




Template-Type: ReDIF-Article 1.0
Author-Name: Warren Samuels 
Author-X-Name-First: Warren 
Author-X-Name-Last: Samuels 
Title: A theory of socialism inoculated against Hayek? 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 135-149 
Issue: 1 
Volume: 15 
Year: 2008 
X-DOI: 10.1080/09672560701858731 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560701858731 
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Handle: RePEc:taf:eujhet:v:15:y:2008:i:1:p:135-149




Template-Type: ReDIF-Article 1.0
Author-Name: Sylvie Diatkine 
Author-X-Name-First: Sylvie 
Author-X-Name-Last: Diatkine 
Author-Name: Jerome de Boyer 
Author-X-Name-First: Jerome 
Author-X-Name-Last: de Boyer 
Title: British monetary orthodoxy in the 1870s: A victory for the Currency Principle 
Abstract:
  Approval of the quantity theory, of the Humean price-specie-flow
 mechanism (PSFM) and of lender of last resort analysis are characteristics
 of British monetary orthodoxy in the 1870s. But this does not mean that
 this orthodoxy achieved a synthesis between the Banking School and the
 Currency School. On the contrary, we show that it marks the victory of the
 Currency Principle that, in fact, did evolve after 1847, but did not
 rejoin Banking School ideas. The PSFM, which is essential to the Currency
 Principle, cannot be confused with the gold points mechanism described by
 Thornton and Tooke. The lender of last resort and money market theories
 developed by Bagehot are compatible with the dichotomy between currency
 and credit, a characteristic of the Currency Principle, and contrary to
 the thought of Thornton's and Tooke. 
Journal: The European Journal of the History of Economic Thought 
Pages: 181-209 
Issue: 2 
Volume: 15 
Year: 2008 
Keywords: Currency School, Banking School, money and credit, Bagehot, lender of last resort, price-specie-flow mechanism, gold points mechanism, 
X-DOI: 10.1080/09672560802037557 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560802037557 
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Handle: RePEc:taf:eujhet:v:15:y:2008:i:2:p:181-209




Template-Type: ReDIF-Article 1.0
Author-Name: Christian Becker 
Author-X-Name-First: Christian 
Author-X-Name-Last: Becker 
Title: Thoreau's economic philosophy 
Abstract:
  This paper provides an encompassing portrayal of Thoreau's economic
 thought. It is analyzed against the background of the history of economic
 thought and the economic thinking of his time. Thoreau's economic thought
 is an extensive examination of the ideas of classical political economy,
 and particularly of Jean-Baptiste Say, and it is a fundamental critique
 thereof. Thoreau recognizes that some aspects and foundations of the
 modern conception of the economy lead to an alienation of the human being
 from itself as well as to an alienation from nature. I demonstrate that
 this critique is a result of Thoreau's specific approach to the economy,
 which, based on his particular understanding of the human being and his
 philosophy of nature, seeks the meaning of the economy for human life and
 for nature. In this philosophical approach, which I characterize as an
 economic philosophy, Thoreau's deeper defiance of classical political
 economy and his original place within the history of economic thought are
 grounded. It leads Thoreau to an alternative conception of an economy of
 moderation, which is identified and described in detail. I conclude with
 considerations on the potential meaning of Thoreau's thought for current
 economic research. 
Journal: The European Journal of the History of Economic Thought 
Pages: 211-246 
Issue: 2 
Volume: 15 
Year: 2008 
Keywords: Economic philosophy, economics and literature, history of economic thought, philosophy of nature, Romanticism, Say, Thoreau, 
X-DOI: 10.1080/09672560802037573 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560802037573 
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Template-Type: ReDIF-Article 1.0
Author-Name: Arrigo Opocher 
Author-X-Name-First: Arrigo 
Author-X-Name-Last: Opocher 
Author-Name: Ian Steedman 
Author-X-Name-First: Ian 
Author-X-Name-Last: Steedman 
Title: The industry supply curve: Two different traditions 
Abstract:
  The present paper seeks to provide some new insights into the precise
 nature and the analytical foundations (or lack of them) of the familiar
 industry supply curve. We reconsider some fundamental phases of its
 historical evolution. Two different traditions are distinguished: one
 consists of the formalisations of Marshall's theory proposed by Barone
 and, later, by Pigou, Viner, Harrod and Robinson; the other consists of
 the models of Hicks and Allen, on the basis of ideas and criticism put
 forward by other London School of Economics scholars, like Kaldor and
 Robbins, in the mid-1930s. It is argued that the second tradition did not
 really remedy the weak aspects of the Marshallian theory of supply. 
Journal: The European Journal of the History of Economic Thought 
Pages: 247-274 
Issue: 2 
Volume: 15 
Year: 2008 
Keywords: Industry, supply curve, long period, Marshallian tradition, the firm, 
X-DOI: 10.1080/09672560802037581 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560802037581 
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Template-Type: ReDIF-Article 1.0
Author-Name: M. G. Hayes 
Author-X-Name-First: M. G. 
Author-X-Name-Last: Hayes 
Title: Keynes's degree of competition 
Abstract:
  The present paper argues that Keynes's theory of aggregate employment
 assumes perfect competition (understood as price-taking, in the modern
 sense promoted by Joan Robinson in her 1934 article) in the markets for
 current output and for existing capital-goods. The degree of competition,
 to which Keynes makes a single cryptic reference, refers to the social and
 institutional obstacles to the free movement of resources, associated
 mainly with closed shops of entrepreneurs and workers. Keynes is here
 invoking an older, Marshallian, concept of competition. The implication is
 that the received understanding of the terms 'expectation' and 'liquidity'
 in The General Theory needs revision. 
Journal: The European Journal of the History of Economic Thought 
Pages: 275-291 
Issue: 2 
Volume: 15 
Year: 2008 
Keywords: Keynes, perfect competition, degree of monopoly, expectation, liquidity, 
X-DOI: 10.1080/09672560802037599 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560802037599 
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Template-Type: ReDIF-Article 1.0
Author-Name: Domenicantonio Fausto 
Author-X-Name-First: Domenicantonio 
Author-X-Name-Last: Fausto 
Title: The Italian theories of progressive taxation 
Abstract:
  The present paper examines the theories of progressive taxation debated
 in the Italian public finance literature between the end of the nineteenth
 century and the early decades of the twentieth century. The survey
 presents only the main arguments, stressing their connection with the
 international literature. Among the Italian economists, apart from a few
 opponents, the idea of progressive taxation is agreed upon, even though it
 is not well founded from a theoretical viewpoint. The main result of the
 paper is that the main case for progressive taxation is to be found in
 political and social reasons. 
Journal: The European Journal of the History of Economic Thought 
Pages: 293-315 
Issue: 2 
Volume: 15 
Year: 2008 
Keywords: Taxation, progressiveness, 
X-DOI: 10.1080/09672560802037607 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560802037607 
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Template-Type: ReDIF-Article 1.0
Author-Name: Manuela Mosca 
Author-X-Name-First: Manuela 
Author-X-Name-Last: Mosca 
Title: On the origins of the concept of natural monopoly: Economies of scale and competition 
Abstract:
  The present article contributes to the history of the concept of natural
 monopoly, focusing on the reconstruction of its origins. The paper
 considers various facets of natural monopoly: the expression itself; the
 singling out of the concrete situations to which it is applied; the
 inquiry into economies of scale; the consideration of their
 incompatibility with perfect competition; the drawing of the diagram; and
 the need for government intervention. In this paper each of the above
 features is separately examined from a historical perspective. Priorities
 and influences are then traced, and in particular it is found that the
 pivotal figure in this historical reconstruction is that of Edgeworth. The
 relation of the concept of natural monopoly with that of competition is
 also highlighted, as well as its policy implications. 
Journal: The European Journal of the History of Economic Thought 
Pages: 317-353 
Issue: 2 
Volume: 15 
Year: 2008 
Keywords: Natural monopoly, economies of scale, competition, cost curves, network industries, contestable markets, barriers to entry, market power, 
X-DOI: 10.1080/09672560802037623 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560802037623 
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Template-Type: ReDIF-Article 1.0
Author-Name: Amos Witztum 
Author-X-Name-First: Amos 
Author-X-Name-Last: Witztum 
Title: Smith's theory of actions and the moral significance of unintended consequences 
Abstract:
  An important clue to the ambiguity in Smith's attitudes towards
 commercial society may lie in his disaffection with natural distributions;
 with distributions based on unintended consequences. The absence of
 proportionality between motives and outcomes dooms the morality of
 commercial society, not the mere absence of an ethical dimension to human
 character. Through the analysis of actions, we find correspondence between
 the three economic states of the Wealth of Nations and the three social
 states of the Theory of Moral Sentiments. Thus, re-distribution is
 important in the moral evaluation of commercial systems. Unintended
 consequences are neither a source of moral strength nor a safeguard
 against injustice. 
Journal: The European Journal of the History of Economic Thought 
Pages: 401-432 
Issue: 3 
Volume: 15 
Year: 2008 
Keywords: Adam Smith, ethics-economics, proportional remuneration, distribution and morality, ethics of actions, 
X-DOI: 10.1080/09672560802252297 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560802252297 
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Template-Type: ReDIF-Article 1.0
Author-Name: Paola Tubaro 
Author-X-Name-First: Paola 
Author-X-Name-Last: Tubaro 
Title: Producer choice and technical unemployment: John E. Tozer's mathematical model (1838) 
Abstract:
  The paper presents Tozer's study of the effects of the mechanization of
 productive activities on employment as an effort to devise a mathematical
 model, as an analytical method that would be more general and robust than
 Ricardo's numerical examples. The contradictory nature of this achievement
 is emphasized: while with the help of algebra Tozer made significant
 progress in model building in economics, it is argued that his
 contribution to a deeper understanding of the phenomenon under study is
 much less satisfactory, due to the difficulties he faced in his effort to
 incorporate consumption and demand into a classical analytical framework. 
Journal: The European Journal of the History of Economic Thought 
Pages: 433-454 
Issue: 3 
Volume: 15 
Year: 2008 
Keywords: J. E. Tozer, D. Ricardo, producer choice, machinery, technical unemployment, mathematical modeling, 
X-DOI: 10.1080/09672560802252313 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560802252313 
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Template-Type: ReDIF-Article 1.0
Author-Name: Yukihiro Ikeda 
Author-X-Name-First: Yukihiro 
Author-X-Name-Last: Ikeda 
Title: Carl Menger's monetary theory: A revisionist view 
Abstract:
  The paper presents a revisionist view of Carl Menger's monetary thought.
 Although Menger is widely regarded as understanding the monetary system as
 a Hayekian spontaneous order, Menger recognizes the importance of state in
 the historical development of money. In his 1900 'Geld', Menger emphasizes
 the role of state as necessary for the full development of monetary
 systems. This revisionist view of Menger sheds new light on his thought
 vis-a-vis a his status as founder of the Austrian School of Economics, as
 well as the relationship of his thought to that of later members and
 descendants of the school. Specifically, Menger's position cannot be
 viewed as aligned with the radical liberalism typical of the literature of
 these later Austrians. 
Journal: The European Journal of the History of Economic Thought 
Pages: 455-473 
Issue: 3 
Volume: 15 
Year: 2008 
Keywords: Carl Menger, money, spontaneous order, Austrian school of economics, liberalism, 
X-DOI: 10.1080/09672560802252347 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560802252347 
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Template-Type: ReDIF-Article 1.0
Author-Name: Thomas Uebel 
Author-X-Name-First: Thomas 
Author-X-Name-Last: Uebel 
Title: Calculation in kind and marketless socialism: On Otto Neurath's utopian economics 
Abstract:
  Otto Neurath is notorious amongst economists for his plans for a
 socialist economy with calculation in kind in place of a market. This
 paper considers the common criticism of &#x201c;utopianism&#x201d; from an
 immanent point of view. To do so, it will first be established in what
 Neurath recognized a negative sense of utopianism that was opposed to his
 own self-confessed &#x201c;scientific utopianism&#x201d;. Then it will be
 considered in what respect, if any, Neurath's stance in the socialist
 calculation debate can be shown to be objectionably utopian in this sense
 by the counter-arguments put forward by Ludwig von Mises. 
Journal: The European Journal of the History of Economic Thought 
Pages: 475-501 
Issue: 3 
Volume: 15 
Year: 2008 
Keywords: Otto Neurath, Ludwig von Mises, socialism, socialist calculation debate, utopianism, 
X-DOI: 10.1080/09672560802252354 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560802252354 
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Template-Type: ReDIF-Article 1.0
Author-Name: Philippe Steiner 
Author-X-Name-First: Philippe 
Author-X-Name-Last: Steiner 
Title: Foucault, Weber and the history of the economic subject 
Abstract:
  The present paper begins with a presentation of Foucault's lectures on
 economic issues. Departing from his previous views on government, Foucault
 offered a new approach to eighteenth-century liberalism and
 neo-liberalism, interpreting these political theories in terms of what he
 called biopolitics. Then the paper endeavours to demonstrate that the line
 of reasoning pursued by Foucault coincides with that found in Weber's
 sociology of religion. In as much as Weber studies the relation between
 the religious and the economic, the paper draws a parallel between the
 Weberian concept of 'life conduct' and the concept of 'technique of the
 self' advanced by Foucault in order to study the moral foundation of the
 economic agent. 
Journal: The European Journal of the History of Economic Thought 
Pages: 503-527 
Issue: 3 
Volume: 15 
Year: 2008 
Keywords: Economic agent, Foucault, governmentality, liberalism, life conduct, Weber, 
X-DOI: 10.1080/09672560802252370 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560802252370 
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Template-Type: ReDIF-Article 1.0
Author-Name: Axel Leijonhufvud 
Author-X-Name-First: Axel 
Author-X-Name-Last: Leijonhufvud 
Title: Between Keynes and Sraffa: Pasinetti on the Cambridge School 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 529-538 
Issue: 3 
Volume: 15 
Year: 2008 
X-DOI: 10.1080/09672560802252396 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560802252396 
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Template-Type: ReDIF-Article 1.0
Author-Name: Odd Langholm 
Author-X-Name-First: Odd 
Author-X-Name-Last: Langholm 
Title: The German tradition in late medieval value theory 
Abstract:
  According to canon law, merchandise cannot be lawfully sold 'whole and
 unaltered' at a profit. In the Middle Ages this principle was extended
 from physical improvement of goods by craftsmen to include merchants'
 improvement of goods by transportation and storage. These forms of
 improvement relate to supply. A tightly knit group of late German
 schoolmen developed this analysis by relating it by analogy to demand in
 terms of 'improvement in estimation' by the market. The juxtaposition of
 demand and supply factors in this analytical model foreshadows some
 fundamental principles of early modern value theory. 
Journal: The European Journal of the History of Economic Thought 
Pages: 555-570 
Issue: 4 
Volume: 15 
Year: 2008 
Keywords: Scholastic economics, value theory, late German tradition, analytical integration of supply and demand, 
X-DOI: 10.1080/09672560802480914 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560802480914 
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Template-Type: ReDIF-Article 1.0
Author-Name: Frank Geary 
Author-X-Name-First: Frank 
Author-X-Name-Last: Geary 
Author-Name: Renee Prendergast 
Author-X-Name-First: Renee 
Author-X-Name-Last: Prendergast 
Title: Philosophers and practical men: Charles Babbage, Irish merchants and the economics of information 
Abstract:
  Before the emergence of coordination of production by firms,
 manufacturers and merchants traded in markets with asymmetric information.
 Evidence suggests that the practical knowledge thus gained by these agents
 was well in advance of contemporary political economists and anticipates
 twentieth-century developments in the economics of information. Charles
 Babbage, who regarded merchants and manufacturers as the chief sources of
 reliable economic data, drew on this knowledge as revealed in the evidence
 of manufacturers and merchants presented to House of Commons select
 committees to make an important pioneering contribution to the theory of
 production and exchange with information asymmetries. 
Journal: The European Journal of the History of Economic Thought 
Pages: 571-594 
Issue: 4 
Volume: 15 
Year: 2008 
Keywords: Information, quality, verification, reputation, trust, 
X-DOI: 10.1080/09672560802480922 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560802480922 
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Template-Type: ReDIF-Article 1.0
Author-Name: Claude Diebolt 
Author-X-Name-First: Claude 
Author-X-Name-Last: Diebolt 
Author-Name: Antoine Parent 
Author-X-Name-First: Antoine 
Author-X-Name-Last: Parent 
Title: A note on Juglar, Bonnet and the intuition of the interest parity relation 
Abstract:
  It is a commonly accepted view that the parity theory of forward exchange
 based on the law of one price was first formulated by Keynes. In this
 article we assess the preliminary shapes of the interest parity (IP)
 relation. After reviewing the early beginnings of the IP relation, we
 investigate two French economists of the mid-nineteenth century who have
 hitherto received no adequate attention. We argue that Bonnet and Juglar
 ought to be considered pioneers in the assessment of IP relation since
 Goschen's contribution is related to the specificity of 'long' exchange
 rates at a bimetallic time. 
Journal: The European Journal of the History of Economic Thought 
Pages: 595-609 
Issue: 4 
Volume: 15 
Year: 2008 
Keywords: Interest parity, forward exchange markets, historical economics, history of economic thought, 
X-DOI: 10.1080/09672560802480955 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560802480955 
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Template-Type: ReDIF-Article 1.0
Author-Name: Daniele Besomi 
Author-X-Name-First: Daniele 
Author-X-Name-Last: Besomi 
Title: John Wade's early endogenous dynamic model: 'commercial cycle' and theories of crises 
Abstract:
  John Wade formulated, in 1826 and 1833, two models of cyclical
 fluctuations most likely to be the first in the literature. They are fully
 endogenous, based on a cobweb-like mechanism affecting not agricultural
 production, as was customary at the time, but manufacture. Wade's earlier
 model relies on a threshold of price change before the reaction of demand
 and supply halts and reverses the movement, while the second is gradual
 and based on a delay in the producers' reaction. Wade was also among the
 first to claim that crises return with a certain regularity and to
 estimate their period. This paper examines and compares Wade's
 contributions to early business cycle theory, places them in context, and
 surveys the scanty references to this pioneering work in the literature. 
Journal: The European Journal of the History of Economic Thought 
Pages: 611-639 
Issue: 4 
Volume: 15 
Year: 2008 
Keywords: Business cycle, commercial crises, instability, dynamic model, cobweb theorem, 
X-DOI: 10.1080/09672560802480971 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560802480971 
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Template-Type: ReDIF-Article 1.0
Author-Name: Karsten von Blumenthal 
Author-X-Name-First: Karsten 
Author-X-Name-Last: von Blumenthal 
Title: Economic theorist and 'entrepreneur of popularisation': Schumpeter as Finance Minister and journalist 
Abstract:
  Modern theory of popularisation suggests that the production and the
 popularisation of scientific knowledge are interlinked and interactive
 processes. This perspective offers new insights into Joseph A.
 Schumpeter's main work in public finance, The Crisis of the Tax State, and
 into his later endeavours as Finance Minister and journalist to popularise
 two central economic ideas of this work, the once-and-for-all capital levy
 and the reform of the tax system. We demonstrate that Schumpeter's Crisis
 contains popularising features and was written with a popularising
 intention. Furthermore, we show that in his journalistic works
 popularisation went hand in hand with the development of innovative
 economic ideas. 
Journal: The European Journal of the History of Economic Thought 
Pages: 641-671 
Issue: 4 
Volume: 15 
Year: 2008 
Keywords: Capital levy, popularisation, Schumpeter, taxation, 
X-DOI: 10.1080/09672560802480997 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560802480997 
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Handle: RePEc:taf:eujhet:v:15:y:2008:i:4:p:641-671




Template-Type: ReDIF-Article 1.0
Author-Name: Ricardo Crespo 
Author-X-Name-First: Ricardo 
Author-X-Name-Last: Crespo 
Title: Keynes's realisms 
Abstract:
  Some authors pointed to a realist orientation in Keynes's thought.
 However, since 'realism' is a wide and sometimes equivocal term, one may
 ask what kind of realism Keynes's realism is. This paper argues that
 Keynes held to an ontological, logical-semantic and epistemic realism.
 Whereas ontological realism has metaphysical connections, logical-semantic
 realism involves a notion of truth, and epistemological realism
 presupposes a theory of knowledge. The character of the subject matter
 circumscribes the scope of this last kind of realism. Epistemological
 realism is related to the role of intuition and convention in Keynes's
 thought, the meaning and evolution of which is explained. 
Journal: The European Journal of the History of Economic Thought 
Pages: 673-693 
Issue: 4 
Volume: 15 
Year: 2008 
Keywords: Keynes, ontology, epistemology, 
X-DOI: 10.1080/09672560802481029 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560802481029 
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Handle: RePEc:taf:eujhet:v:15:y:2008:i:4:p:673-693




Template-Type: ReDIF-Article 1.0
Author-Name: Gilbert Faccarello 
Author-X-Name-First: Gilbert 
Author-X-Name-Last: Faccarello 
Title: The enigmatic Mr Graslin. A Rousseauist bedrock for classical economics? 
Abstract:
  Drawing inspiration from aspects of the sensationist philosophy of the
 time and also the political philosophy of Jean-Jacques Rousseau,
 Jean-Joseph-Louis Graslin (1727-1790)&#xa0;-&#xa0;a fierce critic of
 Physiocracy&#xa0;-&#xa0;developed a remarkably coherent political economy
 based on a 'three stages' theory of society, a labour theory of normal
 prices and distribution, and a concept of vertically-integrated sectors.
 He also put forward some ideas&#xa0;-&#xa0;the role of needs in the
 determination of market prices, a process of gravitation towards
 equilibrium, a quid pro quo theory of taxation&#xa0;-&#xa0;which attracted
 Turgot's attention. Had it not been neglected, Graslin's approach could
 well have formed a possible foundation for Classical
 economics&#xa0;-&#xa0;broadly defined as proposing a system of equilibrium
 'natural' prices based on the conditions of production, with market prices
 oscillating around them. In the present article I first explore Graslin's
 basic motivation. I then deal with his 'three stages' theory of society,
 which lies at the core of his analytical argument. Then follows an
 analysis of his principle ideas in respect of needs, wealth and value, of
 production equilibrium and prices, and finally of public economics. 
Journal: The European Journal of the History of Economic Thought 
Pages: 1-40 
Issue: 1 
Volume: 16 
Year: 2009 
Keywords: Graslin, Rousseau, Maupertuis, Pre-Classical economics, Classical economics, natural prices, market prices, needs, utility, happiness, labour theory of value, history of public economics, equity in taxation, 
X-DOI: 10.1080/09672560802707399 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560802707399 
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Template-Type: ReDIF-Article 1.0
Author-Name: Kwangsu Kim 
Author-X-Name-First: Kwangsu 
Author-X-Name-Last: Kim 
Title: Adam Smith's theory of economic history and economic development 
Abstract:
  The aim of the paper is to show that Smith has a theory of economic
 history grounded in a politico-economic modeling (as well as a sort of
 economic theoretical modeling). In terms of the politico-economic
 approach, in the Wealth of Nations (Book III.ii-iv) Smith tried to offer a
 systematic account of economic development from feudalism to capitalism in
 Europe. These lead to suggest that the seeming internal inconsistency
 between the natural and the actual courses of progress in Book III may be
 resolved, and that Smith may be treated as a precursor of Douglass North,
 who stressed an inextricable link between the polity and the economy in
 economic history. 
Journal: The European Journal of the History of Economic Thought 
Pages: 41-64 
Issue: 1 
Volume: 16 
Year: 2009 
Keywords: Adam Smith, theories of economic history, economic development, polity and economy, just institutions and economic performance, 
X-DOI: 10.1080/09672560802707407 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560802707407 
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Handle: RePEc:taf:eujhet:v:16:y:2009:i:1:p:41-64




Template-Type: ReDIF-Article 1.0
Author-Name: Michael White 
Author-X-Name-First: Michael 
Author-X-Name-Last: White 
Title: Hunting a precursor: The limits of Mountifort Longfield on utility and value 
Abstract:
  Mountifort Longfield's Lectures on Political Economy has generally been
 characterised as a highly original precursor of the
 late-nineteenth-century marginalist economic framework. Focussing on
 Longfield's discussion of value and utility, this paper shows that he was
 actually using a variant of the Classical framework that was quite
 different from that of marginalism. Far from exhibiting any substantive
 originality, the analysis owed a good deal to texts such as J. R.
 McCulloch's Principles of Political Economy. In explaining why the
 marginalist precursor characterisation is incompatible with the terms of
 Longfield's analysis, the paper also considers some difficulties that
 follow using the category of a precursor in constructing histories of
 economics. 
Journal: The European Journal of the History of Economic Thought 
Pages: 65-96 
Issue: 1 
Volume: 16 
Year: 2009 
Keywords: Longfield, whig history, marginalism, McCulloch, Whately, 
X-DOI: 10.1080/09672560802707423 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560802707423 
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Handle: RePEc:taf:eujhet:v:16:y:2009:i:1:p:65-96




Template-Type: ReDIF-Article 1.0
Author-Name: David Spencer 
Author-X-Name-First: David 
Author-X-Name-Last: Spencer 
Title: Work in utopia: Pro-work sentiments in the writings of four critics of classical economics 
Abstract:
  The paper examines the pro-work doctrines of four writers who were
 connected with the 'utopian' and 'romantic' critique of classical
 economics in the nineteenth century. These authors are Charles Fourier,
 Thomas Carlyle, John Ruskin, and William Morris. All four argued that the
 problem of work aversion stemmed from the existing institutions of
 capitalist society, and could be overcome by the creation of an
 alternative system of production. Their aim was to create a future society
 in which work could be experienced as a positive activity. The paper
 argues that the views of the aforementioned authors provided an important
 counterchallenge to the classical economists' conception of work as a
 disutility. 
Journal: The European Journal of the History of Economic Thought 
Pages: 97-122 
Issue: 1 
Volume: 16 
Year: 2009 
Keywords: Work, utopia, Charles Fourier, Thomas Carlyle, John Ruskin, William Morris, 
X-DOI: 10.1080/09672560802707449 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560802707449 
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Handle: RePEc:taf:eujhet:v:16:y:2009:i:1:p:97-122




Template-Type: ReDIF-Article 1.0
Author-Name: Christian Bidard 
Author-X-Name-First: Christian 
Author-X-Name-Last: Bidard 
Author-Name: Guido Erreygers 
Author-X-Name-First: Guido 
Author-X-Name-Last: Erreygers 
Author-Name: Wilfried Parys 
Author-X-Name-First: Wilfried 
Author-X-Name-Last: Parys 
Title: 'Our daily bread': Maurice Potron, from Catholicism to mathematical economics 
Abstract:
  Maurice Potron (1872-1942) is a French Jesuit and mathematician whose
 main source of inspiration in economics is the encyclical Rerum Novarum.
 With virtually no knowledge in economic theory, he wrote down a linear
 model of production in which he formalized the notions of just prices and
 just wages. As early as 1911, he used the Perron-Frobenius theorem to
 prove the existence of a positive solution and established a duality
 result between the quantity side and the price side of the model. He
 returned to economics in the 1930s, but in both periods he failed to make
 a lasting impression upon economists. JEL Classification Code: B3 
Journal: The European Journal of the History of Economic Thought 
Pages: 123-154 
Issue: 1 
Volume: 16 
Year: 2009 
Keywords: Catholic doctrine, duality, Hawkins-Simon, linear model of production, Perron-Frobenius, Potron, social question, 
X-DOI: 10.1080/09672560802707456 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560802707456 
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Handle: RePEc:taf:eujhet:v:16:y:2009:i:1:p:123-154




Template-Type: ReDIF-Article 1.0
Author-Name: Jorg Bibow 
Author-X-Name-First: Jorg 
Author-X-Name-Last: Bibow 
Title: On the origin and rise of central bank independence in West Germany 
Abstract:
  This paper investigates the (re-)establishment of central banking in West
 Germany after 1945 and the history of the Bundesbank Act of 1957. The main
 focus is on the early emphasis on central bank independence, which at the
 time represented a German peculiarity. The paper inquires whether
 contemporary German economic thought may have provided a theoretical case
 for this peculiar tradition and scrutinizes the political calculus that
 motivated some key actors in the play. Contrary to conventional wisdom,
 important contradictions between the postulate of central bank
 independence and Ordoliberalism are identified. JEL Classification Codes:
 B22, B31, E50 
Journal: The European Journal of the History of Economic Thought 
Pages: 155-190 
Issue: 1 
Volume: 16 
Year: 2009 
Keywords: Central banking, central bank independence, Ordoliberalism, Keynesianism, monetarism, 
X-DOI: 10.1080/09672560802707498 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560802707498 
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Handle: RePEc:taf:eujhet:v:16:y:2009:i:1:p:155-190




Template-Type: ReDIF-Article 1.0
Author-Name: Hans-Jurgen Wagener 
Author-X-Name-First: Hans-Jurgen 
Author-X-Name-Last: Wagener 
Author-Name: Monika Streissler 
Author-X-Name-First: Monika 
Author-X-Name-Last: Streissler 
Author-Name: Loic Charles 
Author-X-Name-First: Loic 
Author-X-Name-Last: Charles 
Author-Name: Ryuzo Kuroki 
Author-X-Name-First: Ryuzo 
Author-X-Name-Last: Kuroki 
Author-Name: Erich Streissler 
Author-X-Name-First: Erich 
Author-X-Name-Last: Streissler 
Title: Book reviews 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 191-213 
Issue: 1 
Volume: 16 
Year: 2009 
X-DOI: 10.1080/09672560802707514 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560802707514 
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Handle: RePEc:taf:eujhet:v:16:y:2009:i:1:p:191-213




Template-Type: ReDIF-Article 1.0
Author-Name: John Berdell 
Author-X-Name-First: John 
Author-X-Name-Last: Berdell 
Title: Interdependence and independence in Cantillon's Essai 
Abstract:
  Cantillon's contribution to economic thought is widely understood to lie
 in his systematic examination of economic interconnectedness. The model
 developed here brings profits fully into price determination, casts
 additional light on Cantillon's treatment of distribution, and provides
 the first extended analysis of the policy recommendations found in part
 one of his Essai. These anti-urban policies are examined in relation to
 French urbanization and William Petty's analysis of Irish economic
 development. Entrepreneurial risk-bearing is central to the Essai and this
 model, yet for Cantillon landlord tastes determine the economy's
 equilibrium position. This view is mirrored in his treatment of class
 mobility: only by becoming landed proprietors can entrepreneurs escape
 dependence and become independent or autonomous determiners of society.
 Indeed, social mobility actually accounts for the 'independence' of the
 landed proprietors as a group. Rent's special role stems not so much from
 the nature of land or agriculture&#xa0;-&#xa0;as Physiocracy would
 emphasize&#xa0;-&#xa0;as from the nature of the social forces determining
 its ownership. 
Journal: The European Journal of the History of Economic Thought 
Pages: 221-249 
Issue: 2 
Volume: 16 
Year: 2009 
Keywords: Cantillon, classical economics, income distribution, Petty, demography, 
X-DOI: 10.1080/09672560902890988 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560902890988 
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Handle: RePEc:taf:eujhet:v:16:y:2009:i:2:p:221-249




Template-Type: ReDIF-Article 1.0
Author-Name: Gioacchino Fazio 
Author-X-Name-First: Gioacchino 
Author-X-Name-Last: Fazio 
Title: Bilateral monopoly: a contribution by Francesco Ferrara 
Abstract:
  In this paper, we propose an interpretation of the application of 'cost
 of reproduction' of Francesco Ferrara to the exchange between two agents
 to highlight its relevance for the theory of bilateral monopoly. In the
 Teoria delle Mercedi, Ferrara gives a numerical example to explain price
 determination in the exchange between one buyer and one seller. Here, this
 example is translated into a mathematical model that reproduces the
 fundamental issues of the neoclassical debate on the indeterminacy of
 price in the Cournot model, and anticipates the solutions proposed by
 Edgeworth at the end of this debate. 
Journal: The European Journal of the History of Economic Thought 
Pages: 251-265 
Issue: 2 
Volume: 16 
Year: 2009 
Keywords: Francesco Ferrara, cost of reproduction, bilateral monopoly, theory of value, marginal analysis, 
X-DOI: 10.1080/09672560902891002 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560902891002 
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Template-Type: ReDIF-Article 1.0
Author-Name: Gianfranco Tusset 
Author-X-Name-First: Gianfranco 
Author-X-Name-Last: Tusset 
Title: The Italian contribution to early economic dynamics 
Abstract:
  Contrary to the prevailing literature, the study of economic dynamics
 began at the end of the nineteenth century, at least four decades before
 Hayek's and Samuelson's essays on dynamic equilibrium, as Pareto's dynamic
 insights prove. Throughout this early phase of the discipline, economists
 interested in dynamic studies put forward a wide spectrum of suggestions.
 This paper investigates the lines of research that sprang from the Italian
 debate either according to or in opposition to the Paretian mechanistic
 legacy, aiming to show that a growing awareness of subjective variables'
 role weakened the mechanistic faith of the strictly Paretian followers,
 pushing them toward probabilistic analysis, anchoring dynamics to
 uncertainty and disequilibrium. 
Journal: The European Journal of the History of Economic Thought 
Pages: 267-300 
Issue: 2 
Volume: 16 
Year: 2009 
Keywords: Dynamic economic equilibrium, Pareto and Italian economists, mental variables, disequilibrium, 
X-DOI: 10.1080/09672560902891051 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560902891051 
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Handle: RePEc:taf:eujhet:v:16:y:2009:i:2:p:267-300




Template-Type: ReDIF-Article 1.0
Author-Name: Carlo Cristiano 
Author-X-Name-First: Carlo 
Author-X-Name-Last: Cristiano 
Title: Keynes and India, 1909-1913: a study on foreign investment policy 
Abstract:
  Keynes's work on India before the First World War concentrated on
 analysis of the gold exchange standard and the stabilization of the rupee
 external value. Indian monetary arrangements were framed into a plan for
 foreign investment, implemented by the India Office in London. This
 policy, which was a typical example of public control over investments,
 occasioned Keynes's first job as an applied economist. Although neglected
 by Keynesian scholarship, this learning by doing experience is likely to
 have played a significant role in the young economist's training and
 education. 
Journal: The European Journal of the History of Economic Thought 
Pages: 301-324 
Issue: 2 
Volume: 16 
Year: 2009 
Keywords: Keynes, India, foreign investment, monetary policy, gold standard, gold exchange standard, 
X-DOI: 10.1080/09672560902891069 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560902891069 
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Handle: RePEc:taf:eujhet:v:16:y:2009:i:2:p:301-324




Template-Type: ReDIF-Article 1.0
Author-Name: Agnes Festre 
Author-X-Name-First: Agnes 
Author-X-Name-Last: Festre 
Author-Name: Eric Nasica 
Author-X-Name-First: Eric 
Author-X-Name-Last: Nasica 
Title: Schumpeter on money, banking and finance: an institutionalist perspective 
Abstract:
  In this paper we provide an institutional interpretation of Schumpeter's
 analysis of money, banking and finance. We justify this interpretation by
 considering first Schumpeter's overall methodological perspective, in
 particular the role played by economic sociology in his approach, and
 second by showing that the way Schumpeter describes the successive steps
 of economic development&#xa0;-&#xa0;circular flow, steady state and
 development&#xa0;-&#xa0;provides a good illustration of how institutional
 change is progressively introduced into his analytical framework and of
 the leading role of the banking system in the overall evolution of the
 financial system. 
Journal: The European Journal of the History of Economic Thought 
Pages: 325-356 
Issue: 2 
Volume: 16 
Year: 2009 
Keywords: Banking system, economic development, institutional change, economic sociology, economic rationality, 
X-DOI: 10.1080/09672560902891101 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560902891101 
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Handle: RePEc:taf:eujhet:v:16:y:2009:i:2:p:325-356




Template-Type: ReDIF-Article 1.0
Author-Name: Antoin Murphy 
Author-X-Name-First: Antoin 
Author-X-Name-Last: Murphy 
Author-Name: Renee Prendergast 
Author-X-Name-First: Renee 
Author-X-Name-Last: Prendergast 
Title: Professor Robert Denis Collison Black (1922-2008) 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 357-360 
Issue: 2 
Volume: 16 
Year: 2009 
X-DOI: 10.1080/09672560902891150 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560902891150 
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Handle: RePEc:taf:eujhet:v:16:y:2009:i:2:p:357-360




Template-Type: ReDIF-Article 1.0
Author-Name: Heinz Kurz 
Author-X-Name-First: Heinz 
Author-X-Name-Last: Kurz 
Title: 'If some people looked like elephants and others like cats, or fish &#x2026;' On the difficulties of understanding each other: the case of Wittgenstein and Sraffa 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 361-374 
Issue: 2 
Volume: 16 
Year: 2009 
X-DOI: 10.1080/09672560902891192 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560902891192 
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Handle: RePEc:taf:eujhet:v:16:y:2009:i:2:p:361-374




Template-Type: ReDIF-Article 1.0
Author-Name: Marco Guidi 
Author-X-Name-First: Marco 
Author-X-Name-Last: Guidi 
Title: The French Revolution and the Creation of Benthamism 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 375-380 
Issue: 2 
Volume: 16 
Year: 2009 
X-DOI: 10.1080/09672560902891325 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560902891325 
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Handle: RePEc:taf:eujhet:v:16:y:2009:i:2:p:375-380




Template-Type: ReDIF-Article 1.0
Author-Name: Nathalie Sigot 
Author-X-Name-First: Nathalie 
Author-X-Name-Last: Sigot 
Title: Le panoptique des pauvres - Jeremy Bentham et la reforme de l'assistance en Angleterre 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 380-384 
Issue: 2 
Volume: 16 
Year: 2009 
X-DOI: 10.1080/09672560902891341 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560902891341 
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Handle: RePEc:taf:eujhet:v:16:y:2009:i:2:p:380-384




Template-Type: ReDIF-Article 1.0
Author-Name: Michel Armatte 
Author-X-Name-First: Michel 
Author-X-Name-Last: Armatte 
Title: A History of Econometrics in France. From Nature to Models 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 384-389 
Issue: 2 
Volume: 16 
Year: 2009 
X-DOI: 10.1080/09672560903004043 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903004043 
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Handle: RePEc:taf:eujhet:v:16:y:2009:i:2:p:384-389




Template-Type: ReDIF-Article 1.0
Author-Name: David Laidler 
Author-X-Name-First: David 
Author-X-Name-Last: Laidler 
Title: Money and Markets: A Doctrinal Approach (Routledge Studies in the History of Economics 86) 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 389-392 
Issue: 2 
Volume: 16 
Year: 2009 
X-DOI: 10.1080/09672560902891382 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560902891382 
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Handle: RePEc:taf:eujhet:v:16:y:2009:i:2:p:389-392




Template-Type: ReDIF-Article 1.0
Author-Name: Tony Aspromourgos 
Author-X-Name-First: Tony 
Author-X-Name-Last: Aspromourgos 
Title: Adam Smith: a Moral Philosopher and His Political Economy 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 392-397 
Issue: 2 
Volume: 16 
Year: 2009 
X-DOI: 10.1080/09672560902891390 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560902891390 
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Handle: RePEc:taf:eujhet:v:16:y:2009:i:2:p:392-397




Template-Type: ReDIF-Article 1.0
Author-Name: Alain Beraud 
Author-X-Name-First: Alain 
Author-X-Name-Last: Beraud 
Title: Traite d'economie politique ou simple exposition de la maniere dont se forment, se distribuent et se consomment les richesses 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 397-402 
Issue: 2 
Volume: 16 
Year: 2009 
X-DOI: 10.1080/09672560903004068 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903004068 
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Handle: RePEc:taf:eujhet:v:16:y:2009:i:2:p:397-402




Template-Type: ReDIF-Article 1.0
Author-Name: Hans-Christoph Schmidt am Busch 
Author-X-Name-First: Hans-Christoph 
Author-X-Name-Last: Schmidt am Busch 
Title: Cameralism as 'political metaphysics': Human nature, the state, and natural law in the thought of Johann Heinrich Gottlob von Justi 
Abstract:
  Cameralism, one of the most important currents of economic thought in
 German-speaking countries in the seventeenth and eighteenth centuries,
 assumes a systematic and comprehensive form in the works of Johann
 Heinrich Gottlob von Justi (1717-1771). Justi tried to ground cameralism
 philosophically by way of what he termed 'political metaphysics'. This
 theory essentially deals with the following topics: human nature, the
 state, and natural law. The aim of the present paper is to analyse the key
 concepts of Justi's political metaphysics as well as the line of reasoning
 adopted by him. It thereby sheds new light on cameralism as political
 metaphysics. 
Journal: The European Journal of the History of Economic Thought 
Pages: 409-430 
Issue: 3 
Volume: 16 
Year: 2009 
Keywords: Cameralism, political metaphysics, anthropology, the theory of the state, natural law, Johann Heinrich Gottlob von Justi, 
X-DOI: 10.1080/09672560903101252 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903101252 
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Handle: RePEc:taf:eujhet:v:16:y:2009:i:3:p:409-430




Template-Type: ReDIF-Article 1.0
Author-Name: Antoinette Baujard 
Author-X-Name-First: Antoinette 
Author-X-Name-Last: Baujard 
Title: A return to Bentham's felicific calculus: From moral welfarism to technical non-welfarism 
Abstract:
  This paper is a study of Bentham's felicific calculus. Challenging a view
 that contrasts 'cardinal' to 'ordinal' calculus, we show that these two
 forms of calculus constitute instead different phases of a single
 approach. Bentham sometimes has to rely upon proxy variables because of
 operational constraints, and consequently upon factors other than utility.
 As a utilitarian, Bentham is de facto welfarist from an ethical point of
 view. Surprisingly however, this study shows that Bentham resorts to
 non-welfare information in the actual application of his calculus. His
 approach reconciles non-welfarism from the technical standpoint with
 welfarism as a fundamental moral principle. 
Journal: The European Journal of the History of Economic Thought 
Pages: 431-453 
Issue: 3 
Volume: 16 
Year: 2009 
Keywords: Bentham, individual utility, utility calculus, utilitarianism, welfarism, social welfare, 
X-DOI: 10.1080/09672560903101294 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903101294 
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Handle: RePEc:taf:eujhet:v:16:y:2009:i:3:p:431-453




Template-Type: ReDIF-Article 1.0
Author-Name: Dimitris Sotiropoulos 
Author-X-Name-First: Dimitris 
Author-X-Name-Last: Sotiropoulos 
Title: Why John Stuart Mill should not be enlisted among neoclassical economists 
Abstract:
  While John Stuart Mill was not unwilling to identify with the
 philosophical approach of utilitarianism, he nonetheless distanced himself
 from utilitarianism as conceived by Bentham. He rejected all the
 assumptions that led the latter to advocate a felicific calculus. He thus
 constructed his economic system on the basis of a different empirical
 economic anthropology to that found in the analyses of Jevons, Marshall,
 Walras and Menger, all of which derive from Bentham's reasoning. This,
 essentially, is why it is not justifiable to include J. S. Mill in the
 pantheon of neoclassicism. 
Journal: The European Journal of the History of Economic Thought 
Pages: 455-473 
Issue: 3 
Volume: 16 
Year: 2009 
Keywords: Utilitarianism, neoclassical or marginal revolution, J. S. Mill, Bentham, classical political economy, 
X-DOI: 10.1080/09672560903101328 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903101328 
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Handle: RePEc:taf:eujhet:v:16:y:2009:i:3:p:455-473




Template-Type: ReDIF-Article 1.0
Author-Name: Luca Fiorito 
Author-X-Name-First: Luca 
Author-X-Name-Last: Fiorito 
Title: Frank H. Knight, pragmatism, and American institutionalism: A note 
Abstract:
  This note deals with the debated question of whether, and to what extent,
 Frank Knight's epistemology was consistent with the general philosophy of
 American pragmatism. First, in accord with recent interpretations, I
 provide new evidence illustrating that Knight's views on science,
 knowledge and related philosophical topics present some important
 similarities with the pragmatic tradition. Second, I attempt to
 demonstrate that Knight's unsympathetic reading of Dewy and pragmatism
 was, to a relevant extent, a consequence of his aversion to the so-called
 scientific wing of American interwar institutionalism. 
Journal: The European Journal of the History of Economic Thought 
Pages: 475-487 
Issue: 3 
Volume: 16 
Year: 2009 
Keywords: Frank H. Knight, behaviourism, American institutionalism, positivism, empiricism, John Dewey, 
X-DOI: 10.1080/09672560903101344 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903101344 
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Handle: RePEc:taf:eujhet:v:16:y:2009:i:3:p:475-487




Template-Type: ReDIF-Article 1.0
Author-Name: Alessandro Roncaglia 
Author-X-Name-First: Alessandro 
Author-X-Name-Last: Roncaglia 
Title: Keynes and probability: An assessment 
Abstract:
  Most interpreters agree that Keynes had a wide-ranging, complex, 'vision
 of the world', which underlies his theoretical contributions. Whenever
 this is forgotten, as happens in the so-called neoclassical synthesis, not
 only the original Keynesian spirit goes lost but also, and especially, we
 lose substantive bricks for our theoretical constructions. The paper
 considers an important instance of this general rule; namely Keynes's
 views on the logic of probability, meant as the field concerning human
 behaviour in an uncertain world (hence connected to, but distinct from,
 the pure theory of probability, meant as a field of mathematics). The
 paper begins by recalling the main aspects of the classical and
 frequentist approaches to probability and the main criticisms they
 received, pertaining among other things to the limits of their
 applicability. We then consider Keynes's own views, stressing three
 aspects: the definition of probability as pertaining to the field of
 logic, the notion of uncertainty and of the 'weight of the argument', the
 'theory of groups'. We then discuss the subjective approach of de Finetti,
 Ramsey and Savage, and contrast it with Keynes's own views. Finally, we
 consider the implications of our analysis for the interpretation of
 Keynes's General Theory, and of his attitude towards econometrics. 
Journal: The European Journal of the History of Economic Thought 
Pages: 489-510 
Issue: 3 
Volume: 16 
Year: 2009 
Keywords: J. M. Keynes, probability, risk, uncertainty, 
X-DOI: 10.1080/09672560903101369 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903101369 
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Template-Type: ReDIF-Article 1.0
Author-Name: William Baumol 
Author-X-Name-First: William 
Author-X-Name-Last: Baumol 
Author-Name: Thijs ten Raa 
Author-X-Name-First: Thijs 
Author-X-Name-Last: ten Raa 
Title: Wassily Leontief: In appreciation 
Abstract:
  In this paper we briefly review the work of Wassily Leontief, in respect
 for his memory and appreciation of his accomplishment. His work
 encompasses and redirects the entire field of economics, including pure
 theory. 
Journal: The European Journal of the History of Economic Thought 
Pages: 511-522 
Issue: 3 
Volume: 16 
Year: 2009 
Keywords: Leontief, 
X-DOI: 10.1080/09672560903101385 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903101385 
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Handle: RePEc:taf:eujhet:v:16:y:2009:i:3:p:511-522




Template-Type: ReDIF-Article 1.0
Author-Name: Cosimo Perrotta 
Author-X-Name-First: Cosimo 
Author-X-Name-Last: Perrotta 
Title: Il pensiero economico nei ducati emiliani e negli stati pontifici, dalle origini al 1848 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 523-524 
Issue: 3 
Volume: 16 
Year: 2009 
X-DOI: 10.1080/09672560903101419 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903101419 
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Template-Type: ReDIF-Article 1.0
Author-Name: Tiziano Raffaelli 
Author-X-Name-First: Tiziano 
Author-X-Name-Last: Raffaelli 
Title: Alfred Marshall 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 524-527 
Issue: 3 
Volume: 16 
Year: 2009 
X-DOI: 10.1080/09672560903101427 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903101427 
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Handle: RePEc:taf:eujhet:v:16:y:2009:i:3:p:524-527




Template-Type: ReDIF-Article 1.0
Author-Name: Alessandro Roncaglia 
Author-X-Name-First: Alessandro 
Author-X-Name-Last: Roncaglia 
Title: From Political Economy to Economics. Method, the Social and the Historical in the Evolution of Economic Theory 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 527-529 
Issue: 3 
Volume: 16 
Year: 2009 
X-DOI: 10.1080/09672560903101450 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903101450 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:16:y:2009:i:3:p:527-529




Template-Type: ReDIF-Article 1.0
Author-Name: Julius Horvath 
Author-X-Name-First: Julius 
Author-X-Name-Last: Horvath 
Title: Fejezetek a modern kozgazdasagtudomanybol [Chapters from Modern Economic Theory] 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 529-532 
Issue: 3 
Volume: 16 
Year: 2009 
X-DOI: 10.1080/09672560903101484 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903101484 
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Handle: RePEc:taf:eujhet:v:16:y:2009:i:3:p:529-532




Template-Type: ReDIF-Article 1.0
Author-Name: Brian Loasby 
Author-X-Name-First: Brian 
Author-X-Name-Last: Loasby 
Title: Knowledge, coordination and the firm: Historical perspectives 
Abstract:
  This paper illustrates the problems and processes of developing economic
 knowledge by a selective historical treatment of ideas about the firm.
 Coase thought it necessary to explain firms as organizations, but not as
 distinctive productive units; neither did he explain why markets exist.
 Chamberlin's attempt to introduce product differentiation and selling
 costs is compared with Allyn Young's process theory and Marshall's
 treatment of the firm, and inter-firm relations, as means of organizing
 the growth of knowledge. The firm is a decision-making system in a context
 of Knightian uncertainty, and Simon's concept of quasi-decomposability
 applies to human brains and human organizations. 
Journal: The European Journal of the History of Economic Thought 
Pages: 539-558 
Issue: 4 
Volume: 16 
Year: 2009 
Keywords: Firms, organization, knowledge, decisions, uncertainty, 
X-DOI: 10.1080/09672560903201227 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903201227 
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Handle: RePEc:taf:eujhet:v:16:y:2009:i:4:p:539-558




Template-Type: ReDIF-Article 1.0
Author-Name: Kurt Rothschild 
Author-X-Name-First: Kurt 
Author-X-Name-Last: Rothschild 
Title: A nostalgic retrospect on a debate on various aspects of welfare economics 
Abstract:
  About 50 years ago a lively discussion was started in the 'Notes and
 Memoranda' sections of the Economic Journal about the new welfare
 economics that had been initiated by Kaldor and Hicks 10 years earlier and
 was heavily criticized by Little in 1950. Altogether 18 Notes appeared
 dealing with questions of definition, of limitations, of practical
 relevance and theoretical details. This paper gives an overview of this
 discussion and presents it as a methodological approach of the past which
 that declined as a consequence of the spread of the referee process. 
Journal: The European Journal of the History of Economic Thought 
Pages: 559-574 
Issue: 4 
Volume: 16 
Year: 2009 
Keywords: Economics, methodology, evaluation, welfare economics, 
X-DOI: 10.1080/09672560903201235 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903201235 
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Handle: RePEc:taf:eujhet:v:16:y:2009:i:4:p:559-574




Template-Type: ReDIF-Article 1.0
Author-Name: Yuichi Shionoya 
Author-X-Name-First: Yuichi 
Author-X-Name-Last: Shionoya 
Title: The history of economics as economics? 
Abstract:
  This paper critically evaluates the current decline of the relationship
 between economics and the history of economics, and proposes a framework
 called the panorama-cum-scenario model for the practice of the history of
 economics. Starting with the Hegelian thesis that the history of economics
 is economics itself, the paper argues that such a relationship is
 necessary but not sufficient because the history of economics is a
 metatheory addressed to economic theory. The history of economics needs a
 panoramic view of the subject and a scenario for the construction,
 interpretation, and evaluation of the system of economics. The
 panorama-cum-scenario model enables us to work on the history of economics
 not only by historical and rational reconstruction but also by global
 reconstruction. Nietzsche's anti-Hegelian viewpoint and Heidegger's
 hermeneutical standpoint are useful for identifying the role of historical
 research in developing economic knowledge based on the
 panorama-cum-scenario model. Several approaches to the history of
 economics are examined in light of the panorama-cum-scenario model.
 Schumpeter's history of economics is interpreted as an example of the
 panorama-cum-scenario model. 
Journal: The European Journal of the History of Economic Thought 
Pages: 575-597 
Issue: 4 
Volume: 16 
Year: 2009 
Keywords: Hegel, Nietzsche, Heidegger, Schumpeter, historicism, panorama-cum-scenario model, 
X-DOI: 10.1080/09672560903201243 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903201243 
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Template-Type: ReDIF-Article 1.0
Author-Name: Patrick Mardellat 
Author-X-Name-First: Patrick 
Author-X-Name-Last: Mardellat 
Title: Max Weber's critical response to theoretical economics 
Abstract:
  Max Weber's work currently forms the centre of a strategy to rebuild
 heterodox thought around economic sociology. The instrumentalisation of
 Weber is based on a lack of understanding of his response to economic
 theory. This article seeks to fill this gap. It will show that Weber
 extended Menger's work by correcting its naturalism and that his critical
 response rests on a Kantian approach, as explained below. It appears that
 a pure non-Walrasian theory is therefore possible and that the heterodox
 reclaiming of Weber is based on a misinterpretation of his work. 
Journal: The European Journal of the History of Economic Thought 
Pages: 599-624 
Issue: 4 
Volume: 16 
Year: 2009 
Keywords: Weber, Menger, Kant, economic methodology, pure theory, 
X-DOI: 10.1080/09672560903201250 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903201250 
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Template-Type: ReDIF-Article 1.0
Author-Name: Andreas Kakridis 
Author-X-Name-First: Andreas 
Author-X-Name-Last: Kakridis 
Title: Continuity and change: Mapping the community of economists in Greece (1944 to 1967) 
Abstract:
  This paper combines quantitative, biographical and qualitative data to
 trace out the structure and dynamics of Greece's post-war community of
 economists, and explore its implications for the country's economic
 discourse. Greek economics was a state-centred profession whose fate was
 intertwined with that of the post-war developmental state apparatus. Most
 economists were employed in universities, the civil service or banking,
 with substantial interpenetration between branches. This configuration of
 professional constituencies, in conjunction with the structural features
 of each institution, conditioned the form and content of economic
 discourse. Professional and ideological cohesion went hand in hand, whilst
 substantial degrees of vertical and horizontal control by senior members
 further fostered consensus and increased professional sclerosis.
 Nevertheless, evidence from a new database of economic journal
 publications suggests that a substantial realignment took place in the
 late 1950s and 1960s, as a younger generation of scholars&#xa0;-&#xa0;most
 of them educated in the post-war UK/US, and affiliated with the newly
 established Centre for Planning and Economic Research&#xa0;-&#xa0;entered
 the scene. 
Journal: The European Journal of the History of Economic Thought 
Pages: 625-664 
Issue: 4 
Volume: 16 
Year: 2009 
Keywords: Greece, professionalisation, internationalisation (of economics), journals, development, 
X-DOI: 10.1080/09672560903201268 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903201268 
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Template-Type: ReDIF-Article 1.0
Author-Name: Luca Zamparelli 
Author-X-Name-First: Luca 
Author-X-Name-Last: Zamparelli 
Title: Average cost and marginal cost pricing in Marshall: Textual analysis and interpretation 
Abstract:
  This paper proposes a textual analysis of Marshall's theory of firm
 pricing behavior under competitive conditions. Average cost and marginal
 cost pricing theories have very distinct origins as they are rooted,
 respectively, in the classical and marginalistic theory of competition. I
 analyze to what extent and under which circumstances the two theories
 joined in the work of Alfred Marshall; and I argue that, even though only
 partial evidence can be found to support the adoption of the notion of
 marginal cost pricing by Marshall, he developed some concepts, such as the
 distinction between short and long periods and the notion of quasi-rents,
 which turned out to be fundamental for the joint acceptance of marginal
 cost and average cost pricing principles by the Marshallian school. 
Journal: The European Journal of the History of Economic Thought 
Pages: 665-694 
Issue: 4 
Volume: 16 
Year: 2009 
Keywords: Marshall, classical competition, perfect competition, marginal and average cost, 
X-DOI: 10.1080/09672560903201276 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903201276 
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Template-Type: ReDIF-Article 1.0
Author-Name: Thierry Demals 
Author-X-Name-First: Thierry 
Author-X-Name-Last: Demals 
Title: Hobbes, Economie, Terreur et Politique 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 695-702 
Issue: 4 
Volume: 16 
Year: 2009 
X-DOI: 10.1080/09672560903360650 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903360650 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:16:y:2009:i:4:p:695-702




Template-Type: ReDIF-Article 1.0
Author-Name: Carsten Pallas 
Author-X-Name-First: Carsten 
Author-X-Name-Last: Pallas 
Title: Johann Heinrich von Thunen als Vordenker einer Sozialen Marktwirtschaft 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 702-705 
Issue: 4 
Volume: 16 
Year: 2009 
X-DOI: 10.1080/09672560903360676 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903360676 
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Handle: RePEc:taf:eujhet:v:16:y:2009:i:4:p:702-705




Template-Type: ReDIF-Article 1.0
Author-Name: Andre Lapidus 
Author-X-Name-First: Andre 
Author-X-Name-Last: Lapidus 
Title: The valuation of decision and individual welfare: a Humean approach 
Abstract:
  Drawing on passages in Book II of the Treatise of Human Nature (1739/40),
 in the Enquiry Concerning the Principles of Morals (1751), in the
 Dissertation on the Passions (1757), and in some of the Essays (1777),
 this paper is built upon Hume's distinction between three alternative
 valuations of an individual position: desire (which leads to action),
 interest, and happiness. The difficulty comes from the fact that desire
 does not depend on pleasure as an impression, but on the force of an idea
 of pleasure, based upon a belief in the realisation of the correlative
 impression. Typically, this belief is linked to the underlying emotional
 state, expressed in the degree of violence of the passions, which governs
 both the individual's reactivity to pleasure, and his preference for
 present (compared with future) pleasures. On the contrary, interest and
 happiness do not depend on the distortion introduced by beliefs, and are
 directly linked to pleasure. It is shown that the decisional valuation
 only coincides with interest in the case of what Hume called a 'calm
 passion', which gives birth to the greatest happiness. 
Journal: The European Journal of the History of Economic Thought 
Pages: 1-28 
Issue: 1 
Volume: 17 
Year: 2010 
Keywords: Hume, decision, welfare, desire, pleasure, belief, passion, intertemporal choice, utility, interest, happiness, 
X-DOI: 10.1080/09672560903204502 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903204502 
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Template-Type: ReDIF-Article 1.0
Author-Name: Ajit Sinha 
Author-X-Name-First: Ajit 
Author-X-Name-Last: Sinha 
Title: In defence of Adam Smith's theory of value 
Abstract:
  This paper defends Adam Smith against his critics on his 'additive'
 theory of value as well as his theory of 'falling rate of profits'. It
 argues that Adam Smith did not forget the raw materials, and so forth, in
 his resolution of the price into wages, profits, and rent, and that the
 constraint binding on the total income was also taken into account by
 treating rent as the residual. It further argues that there is no fallacy
 of composition in Smith's explanation for the 'falling rate of profits'.
 It was explained on the basis of rising real wages and the farmers'
 inability to shift the burden of the rise in wages from profit to rent in
 the context of a growing economy. 
Journal: The European Journal of the History of Economic Thought 
Pages: 29-48 
Issue: 1 
Volume: 17 
Year: 2010 
Keywords: Adam Smith, classical economics, additive theory of value, surplus approach to economics, rent as a residual, 
X-DOI: 10.1080/09672560903204544 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903204544 
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Template-Type: ReDIF-Article 1.0
Author-Name: Daniele Besomi 
Author-X-Name-First: Daniele 
Author-X-Name-Last: Besomi 
Title: Paper money and national distress: William Huskisson and the early theories of credit, speculation and crises 
Abstract:
  This paper examines the explanation of commercial crises offered by
 William Huskisson in 1810 in the wake of the debate on the Bullion Report.
 Huskisson argued that the suspension of convertibility made it possible to
 extend issues of paper currency beyond its proper limits. Such an
 expansion, being in the interest of all parties concerned, would actually
 take place and stimulate excessive speculations, which would eventually
 prove unsustainable and bring generalized ruin and distress. Although some
 elements of these explanations were not new (having been anticipated by
 writers such as James Currie in 1793, William Roscoe in 1793, William
 Anderson in 1797 and some anonymous writers in 1793 to 1796), Huskisson's
 explanation is more systematic and better organized, and his emphasis on
 the endogenous character of the crisis and on the instability of the
 dynamics of trade and credit makes it an interesting foreshadower of the
 theories of crises that were advanced half a century later. 
Journal: The European Journal of the History of Economic Thought 
Pages: 49-85 
Issue: 1 
Volume: 17 
Year: 2010 
Keywords: Business cycles, crisis, Bullionist debate, instability, credit cycle, 
X-DOI: 10.1080/09672560903204437 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903204437 
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Handle: RePEc:taf:eujhet:v:17:y:2010:i:1:p:49-85




Template-Type: ReDIF-Article 1.0
Author-Name: Stefano Solari 
Author-X-Name-First: Stefano 
Author-X-Name-Last: Solari 
Title: The corporative third way in Social Catholicism (1830 to 1918) 
Abstract:
  Social Catholicism opposed individualistic conceptions of society in
 favour of an order of associative institutions fostering a communality of
 interests between those involved in production processes. As a
 consequence, guilds were idealised and their model transposed in different
 ways to the industrial society of the nineteenth century. This paper
 discusses the different streams of Social Catholicism and the theoretical
 roots of corporatism in natural law. It will discuss how the idea of a
 'corporative order' is more grounded in German corporative law than in
 Neo-Thomism. 
Journal: The European Journal of the History of Economic Thought 
Pages: 87-113 
Issue: 1 
Volume: 17 
Year: 2010 
Keywords: Corporatism, Social Catholicism, third way, labour regulation, 
X-DOI: 10.1080/09672560903204551 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903204551 
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Handle: RePEc:taf:eujhet:v:17:y:2010:i:1:p:87-113




Template-Type: ReDIF-Article 1.0
Author-Name: Rebeca Gomez Betancourt 
Author-X-Name-First: Rebeca Gomez 
Author-X-Name-Last: Betancourt 
Title: E. W. Kemmerer's contribution to the quantity theory of money 
Abstract:
  This paper aims at suggesting a new interpretation of Edwin Walter
 Kemmerer's quantity theory of money as it appears in his Money and Credit
 Instruments in Their Relation to General Prices (1903, PhD thesis; and
 1907, first edition of the book). In that work, he proposes an equation to
 determine the price level as the ratio of its monetary and real
 determinants. The paper addresses Kemmerer's key question of how money and
 credit are related to general prices. Two directions are investigated.
 Firstly, I explain Kemmerer's quantity theory by means of his exchange
 equation and how his interpretation may have influenced Fisher's economic
 theory. Secondly, I consider his test of the quantity theory on the US
 economy and I show the empirical validity of his theory. It is argued here
 that both elements give a key contribution to finding a new interpretation
 of the deepest meaning of Kemmerer's approach to quantity theory. 
Journal: The European Journal of the History of Economic Thought 
Pages: 115-140 
Issue: 1 
Volume: 17 
Year: 2010 
Keywords: Kemmerer, prices, money, credit, quantity theory, business confidence, 
X-DOI: 10.1080/09672560903204460 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903204460 
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Handle: RePEc:taf:eujhet:v:17:y:2010:i:1:p:115-140




Template-Type: ReDIF-Article 1.0
Author-Name: Fabio Petri 
Author-X-Name-First: Fabio 
Author-X-Name-Last: Petri 
Title: The Economics of Karl Marx: Analysis and Applications 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 141-144 
Issue: 1 
Volume: 17 
Year: 2010 
X-DOI: 10.1080/09672560903360684 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903360684 
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Handle: RePEc:taf:eujhet:v:17:y:2010:i:1:p:141-144




Template-Type: ReDIF-Article 1.0
Author-Name: Warren Young 
Author-X-Name-First: Warren 
Author-X-Name-Last: Young 
Title: A History of Economic Theory Essays in honour of Takashi Negishi 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 145-147 
Issue: 1 
Volume: 17 
Year: 2010 
X-DOI: 10.1080/09672560903360692 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903360692 
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Handle: RePEc:taf:eujhet:v:17:y:2010:i:1:p:145-147




Template-Type: ReDIF-Article 1.0
Author-Name: Robert Goldfarb 
Author-X-Name-First: Robert 
Author-X-Name-Last: Goldfarb 
Title: Jacob Mincer: A Founding Father of Modern Labour Economics 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 151-155 
Issue: 1 
Volume: 17 
Year: 2010 
X-DOI: 10.1080/09672561003593075 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672561003593075 
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Handle: RePEc:taf:eujhet:v:17:y:2010:i:1:p:151-155




Template-Type: ReDIF-Article 1.0
Author-Name: Daniel Schiffman 
Author-X-Name-First: Daniel 
Author-X-Name-Last: Schiffman 
Title: Rabbinical perspectives on money in seventeenth-century Ottoman Egypt 
Abstract:
  Episodes of monetary instability in Ottoman Egypt stimulated a discussion
 of monetary doctrine among Egyptian rabbis. A central issue was the
 valuation of debts following changes in the value of silver coins. While
 the leading rabbi of the sixteenth century advocated linkage to gold
 coins, the rabbis of the seventeenth century adopted valuation by
 purchasing power and rejected valuation by weight and linkage to gold
 coins. The rabbis of the seventeenth century differed from their
 predecessors in two essential respects: they were more critical of
 traditional Jewish monetary doctrine, and they utilized a much more
 sophisticated form of economic analysis. 
Journal: The European Journal of the History of Economic Thought 
Pages: 163-197 
Issue: 2 
Volume: 17 
Year: 2010 
Keywords: Jewish economic thought, monetary doctrine, monetary history, Ottoman Empire, Egypt, 
X-DOI: 10.1080/09672560903320076 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903320076 
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Handle: RePEc:taf:eujhet:v:17:y:2010:i:2:p:163-197




Template-Type: ReDIF-Article 1.0
Author-Name: Claire Pignol 
Author-X-Name-First: Claire 
Author-X-Name-Last: Pignol 
Title: Money, exchange and division of labour in Rousseau's economic philosophy 
Abstract:
  This paper examines the arguments advanced by Rousseau to explain his
 rejection of monetary exchange. First we show that the rejection of money
 as mean of exchange expresses a dismissal of any form of exchange,
 motivated by a need for independence. In Julie, the community of Clarens
 exemplifies an autarchic, paternalistic economy that is at once unequal
 and deceptive. To understand why Rousseau chose such a downbeat solution
 to the problems arising from the organisation of the division of labour,
 we make a parallel between the economic and amatory themes, showing in
 each case the dependence upon others produced by the development of
 amour-propre. 
Journal: The European Journal of the History of Economic Thought 
Pages: 199-228 
Issue: 2 
Volume: 17 
Year: 2010 
Keywords: Autarchy, happiness, independence, money, needs, Rousseau, 
X-DOI: 10.1080/09672560903204734 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903204734 
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Template-Type: ReDIF-Article 1.0
Author-Name: Arrigo Opocher 
Author-X-Name-First: Arrigo 
Author-X-Name-Last: Opocher 
Title: The future of the working classes: a comparison between J.S. Mill and A. Marshall 
Abstract:
  Both J. S. Mill and A. Marshall had a lifelong interest in the living
 conditions of the working classes and theorized the possibility of a new
 age, characterized by a widespread mental and moral cultivation. This
 paper compares the precise arguments put forward by them in the period
 ranging from Mill's to Marshall's Principles, against the background of
 the evidence of social and human progress at their times. It is argued
 that, at different stages and with different specific arguments, their
 predictions relied on self-reinforcing mechanisms, in which a better life
 was the cause, no less than the effect, of progress. In order to make
 similarities and differences more transparent from a logical point of
 view, two simple mathematical formulations are proposed. 
Journal: The European Journal of the History of Economic Thought 
Pages: 229-253 
Issue: 2 
Volume: 17 
Year: 2010 
Keywords: J.S. Mill, Marshall, Living standards, 
X-DOI: 10.1080/09672561003718649 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672561003718649 
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Handle: RePEc:taf:eujhet:v:17:y:2010:i:2:p:229-253




Template-Type: ReDIF-Article 1.0
Author-Name: Mauro Caminati 
Author-X-Name-First: Mauro 
Author-X-Name-Last: Caminati 
Title: Function, mind and novelty: organismic concepts and Richard M. Goodwin formation at Harvard, 1932 to 1934 
Abstract:
  This article draws upon Richard M. Goodwin Archive papers at Siena
 University to examine Goodwin's early philosophical formation at Harvard
 in the years 1932 to 1934 and the influence then exerted upon his ideas by
 Alfred N. Whitehead, and through him, by the Harvard philosophical and
 scientific community. It is shown how this early philosophical formation
 bears a close relation with Goodwin's lifelong interest in the causes and
 effects of novelty generation in social systems. 
Journal: The European Journal of the History of Economic Thought 
Pages: 255-277 
Issue: 2 
Volume: 17 
Year: 2010 
Keywords: R.M. Goodwin, Harvard, philosophy of organism, function, mind, innovation, 
X-DOI: 10.1080/09672560903204569 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903204569 
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Handle: RePEc:taf:eujhet:v:17:y:2010:i:2:p:255-277




Template-Type: ReDIF-Article 1.0
Author-Name: Richard Sturn 
Author-X-Name-First: Richard 
Author-X-Name-Last: Sturn 
Title: 'Public goods' before Samuelson: interwar Finanzwissenschaft and Musgrave's synthesis 
Abstract:
  This paper is concerned with the foundations of modern Public Economics,
 in particular of concepts related to the justification of public
 activities and the properties of public economy mechanisms. As a first
 approximation, Public Economics a la Musgrave can be understood as a
 synthesis of Pigovian Public Finance and the Wicksell-Lindahl tradition.
 Musgrave's intellectual background includes a more encompassing and
 differentiated spectrum of influences, including elements from German
 communal traditions, fiscal sociology, Austrian marginal utility theory,
 and Italian Public Finance. German language Finanzwissenschaft in the
 interwar period was a fertile environment for new combinations.
 German-educated US economists Richard Musgrave and Gerhard Colm
 transformed seeds from this environment into lasting achievements. Their
 acquaintance with the broad range of approaches characteristic of interwar
 Finanzwissenschaft was a necessary condition for the role they played in
 the development of modern Public Economics. Moreover, Musgrave's influence
 on modern Public Economics is an example of how the dissemination of
 innovations is enhanced by a suitable expository framework. By contrast,
 the conceptual gap between Anglo-Saxon Public Economics and Gerhard Colm's
 version of a synthesis (even though the latter influenced or paralleled
 the Musgravian synthesis in important respects) prevented its swift
 absorption. 
Journal: The European Journal of the History of Economic Thought 
Pages: 279-312 
Issue: 2 
Volume: 17 
Year: 2010 
Keywords: Public goods, social goods, merit wants, public economics, state, 
X-DOI: 10.1080/09672560903320084 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903320084 
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Template-Type: ReDIF-Article 1.0
Author-Name: D. Wade Hands 
Author-X-Name-First: D. Wade 
Author-X-Name-Last: Hands 
Title: Stabilizing consumer choice: the role of 'true dynamic stability' and related concepts in the history of consumer choice theory 
Abstract:
  It is often argued that the inability of Arrow-Debreu general equilibrium
 theory to produce an adequate proof of the stability of the Walrasian
 price adjustment mechanism was one of the program's most significant
 failures. This paper will not question this standard interpretation of the
 history of general equilibrium theory, but makes the case that
 characterizing the 'stability' question in terms of market stability- in
 particular the stability of the equilibrium price vector in the Walrasian
 general equilibrium model&#xa0;-&#xa0;actually helped to stabilize the
 standard model of consumer choice in general equilibrium theory and
 elsewhere within microeconomics. The problem of the stability of
 'consumer's equilibrium' was much discussed early in the twentieth
 century, and it has recently re-emerged in a different guise as the
 'endowment effects' and 'reference dependencies' of contemporary
 behavioral economics, and yet it disappeared from mainstream discussion
 during the period 1950 to 1980. This paper argues that shifting the
 discussion from the intra-agent stability of the individual consumer to
 the inter-agent stability of the competitive market
 contributed&#xa0;-&#xa0;despite its ultimately negative impact on general
 equilibrium theory&#xa0;-&#xa0;to the long period of stable normal science
 consumer choice theory enjoyed during the middle of the twentieth century. 
Journal: The European Journal of the History of Economic Thought 
Pages: 313-343 
Issue: 2 
Volume: 17 
Year: 2010 
Keywords: General equilibrium, stability, Samuelson, demand theory, 
X-DOI: 10.1080/09672560903204585 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903204585 
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Template-Type: ReDIF-Article 1.0
Author-Name: Ian Steedman 
Author-X-Name-First: Ian 
Author-X-Name-Last: Steedman 
Title: Keeping Faith, Losing Faith: Religious Belief and Political Economy 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 345-348 
Issue: 2 
Volume: 17 
Year: 2010 
X-DOI: 10.1080/09672561003715256 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672561003715256 
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Template-Type: ReDIF-Article 1.0
Author-Name: Keith Tribe 
Author-X-Name-First: Keith 
Author-X-Name-Last: Tribe 
Title: Carl Menger entre Aristote et Hayek. Aux sources de l'economie moderne 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 349-352 
Issue: 2 
Volume: 17 
Year: 2010 
X-DOI: 10.1080/09672561003715272 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672561003715272 
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Handle: RePEc:taf:eujhet:v:17:y:2010:i:2:p:349-352




Template-Type: ReDIF-Article 1.0
Author-Name: Rita Strohmaier 
Author-X-Name-First: Rita 
Author-X-Name-Last: Strohmaier 
Title: The General Theory of Economic Evolution 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 352-356 
Issue: 2 
Volume: 17 
Year: 2010 
X-DOI: 10.1080/09672561003715298 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672561003715298 
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Template-Type: ReDIF-Article 1.0
Author-Name: Wolfgang Eichert 
Author-X-Name-First: Wolfgang 
Author-X-Name-Last: Eichert 
Title: Mathematical Economics and the Dynamics of Capitalism, Goodwin's Legacy Continued 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 356-359 
Issue: 2 
Volume: 17 
Year: 2010 
X-DOI: 10.1080/09672561003715314 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672561003715314 
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Handle: RePEc:taf:eujhet:v:17:y:2010:i:2:p:356-359




Template-Type: ReDIF-Article 1.0
Author-Name: Harvey Gram 
Author-X-Name-First: Harvey 
Author-X-Name-Last: Gram 
Title: Joan Robinson 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 359-364 
Issue: 2 
Volume: 17 
Year: 2010 
X-DOI: 10.1080/09672561003715355 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672561003715355 
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Handle: RePEc:taf:eujhet:v:17:y:2010:i:2:p:359-364




Template-Type: ReDIF-Article 1.0
Author-Name: Susan Pashkoff 
Author-X-Name-First: Susan 
Author-X-Name-Last: Pashkoff 
Title: Piero Sraffa 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 364-367 
Issue: 2 
Volume: 17 
Year: 2010 
X-DOI: 10.1080/09672561003593141 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672561003593141 
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Handle: RePEc:taf:eujhet:v:17:y:2010:i:2:p:364-367




Template-Type: ReDIF-Article 1.0
Author-Name: Enrico Sergio Levrero 
Author-X-Name-First: Enrico Sergio 
Author-X-Name-Last: Levrero 
Title: The Political Economy of Work 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 367-370 
Issue: 2 
Volume: 17 
Year: 2010 
X-DOI: 10.1080/09672561003715322 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672561003715322 
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Handle: RePEc:taf:eujhet:v:17:y:2010:i:2:p:367-370




Template-Type: ReDIF-Article 1.0
Author-Name: Richard Sturn 
Author-X-Name-First: Richard 
Author-X-Name-Last: Sturn 
Title: Free Riding 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 370-375 
Issue: 2 
Volume: 17 
Year: 2010 
X-DOI: 10.1080/09672561003715330 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672561003715330 
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Template-Type: ReDIF-Article 1.0
Author-Name: Daniel Diatkine 
Author-X-Name-First: Daniel 
Author-X-Name-Last: Diatkine 
Title: Vanity and the love of system in Theory of Moral Sentiments 
Abstract:
  Some recent writing on Adam Smith's Theory of Moral Sentiments has
 emphasised the importance of vanity as one of the most important human
 motivations. This reading leads to a new version of Das Adam Smith
 Problem, but this is unwarranted. Such a reading tends to conceal the
 significance that Smith gave to the love of system, which motivates the
 actions of the philosopher, the man of state, and above all the
 entrepreneur. This paper shows, by contrast, that by using this conception
 we can relate Theory of Moral Sentiments to Wealth of Nations, and reject
 the idea that these works are based upon contradictory assumptions. 
Journal: The European Journal of the History of Economic Thought 
Pages: 383-404 
Issue: 3 
Volume: 17 
Year: 2010 
Keywords: Adam Smith, moral sentiments, capital accumulation, 
X-DOI: 10.1080/09672560903204924 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903204924 
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Template-Type: ReDIF-Article 1.0
Author-Name: Marco Dardi 
Author-X-Name-First: Marco 
Author-X-Name-Last: Dardi 
Title: Marshall on welfare, or: the 'utilitarian' meets the 'evolver' 
Abstract:
  Consumer surplus and the notion of the social optimality of competitive
 equilibria are usually indicated as Marshall's main contributions to
 welfare economics. His willingness to develop the policy implications of
 these concepts, however, was half-hearted to say the least. This paper
 argues that such an attitude is better understood if Marshall's approach
 to welfare economics is set in the framework of a wider intellectual
 programme that, passing through various stages, lies behind his entire
 work. The core of the programme consisted of an attempt to reconcile a
 utilitarian agenda with an evolutionary view of the dynamic tendencies of
 industrial society. 
Journal: The European Journal of the History of Economic Thought 
Pages: 405-437 
Issue: 3 
Volume: 17 
Year: 2010 
Keywords: Marshallian welfare economics, utilitarianism, social evolutionary thought, 
X-DOI: 10.1080/09672567.2010.492130 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2010.492130 
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Template-Type: ReDIF-Article 1.0
Author-Name: Ludovic Frobert 
Author-X-Name-First: Ludovic 
Author-X-Name-Last: Frobert 
Title: Conventionalism and liberalism in Jacques Rueff's early works (1922 to 1929) 
Abstract:
  From the early 1920s, the French economist Jacques Rueff (1896 to 1978)
 aimed to reconstruct liberalism on new and modern foundations in order to
 meet the new challenges faced by capitalism. In this perspective, he
 presented in 1922 his own discourse on economic method, and a few months
 later presented his first economic analysis on money, unemployment and
 international trade. Rueff asserted that his methodology and the
 philosophical foundations on which it was built&#xa0;-&#xa0;Henri
 Poincare's Conventionalism&#xa0;-&#xa0;supported his theory and doctrine.
 It is the purpose of this paper, focused on the 1922 to 1929 period, first
 to study Rueff's methodology, theory and doctrine, and second to examine
 the problematic relations (Methodology &#x2192; Theory &#x2192; Doctrine)
 between these three levels of his first intellectual project. 
Journal: The European Journal of the History of Economic Thought 
Pages: 439-470 
Issue: 3 
Volume: 17 
Year: 2010 
Keywords: Jacques Rueff, Conventionalism, liberalism, French economic engineers, 
X-DOI: 10.1080/09672560903204957 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903204957 
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Handle: RePEc:taf:eujhet:v:17:y:2010:i:3:p:439-470




Template-Type: ReDIF-Article 1.0
Author-Name: Michael Turk 
Author-X-Name-First: Michael 
Author-X-Name-Last: Turk 
Title: The arrow of time in economics: from Robinson's critique to the new historical economics 
Abstract:
  How time is comprehended in economics is central to the type of
 discipline to which economics is analogized. Rejecting the symmetrical
 notion of time in classical physics, Joan Robinson emphasized the
 importance of 'historical time', and hence history. A new generation of
 economists&#xa0;-&#xa0;including Paul Krugman, Paul David, and Brian
 Arthur&#xa0;-&#xa0;took up Robinson's challenge, seeking to create a new
 historical economics by relating random or 'accidental' historical events
 in different ways to the necessity of economic rules, and finding that, as
 Robinson saw, scale effects were crucial. Their efforts, however, fell
 short of integrating history into economics. 
Journal: The European Journal of the History of Economic Thought 
Pages: 471-492 
Issue: 3 
Volume: 17 
Year: 2010 
Keywords: Joan Robinson, Paul Krugman, Paul David, W. Brian Arthur, historical economics, scale effects, 
X-DOI: 10.1080/09672560903204981 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903204981 
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Template-Type: ReDIF-Article 1.0
Author-Name: James Forder 
Author-X-Name-First: James 
Author-X-Name-Last: Forder 
Title: The historical place of the 'Friedman&#x2014;Phelps' expectations critique 
Abstract:
  The 'expectations critique', usually attributed to Friedman or Phelps and
 dated towards the end of the 1960s, in fact originates much earlier. And
 rather than being an insight properly attributable to a particular
 individual, it was, by that time, a commonplace of economic discussion.
 This much is easy to establish. It is argued that the common attribution
 arises at least in part because the Keynesians unwisely chose to express
 their disagreement with Freidman in terms of expectations rather than in
 terms of the existence of the natural rate of unemployment. As a result,
 40 years later, it has become hard to see that two separate points ever
 existed. 
Journal: The European Journal of the History of Economic Thought 
Pages: 493-511 
Issue: 3 
Volume: 17 
Year: 2010 
Keywords: Phillips curve, expectations, Friedman, wage bargaining, 
X-DOI: 10.1080/09672560903114875 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903114875 
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Template-Type: ReDIF-Article 1.0
Author-Name: Heinz Kurz 
Author-X-Name-First: Heinz 
Author-X-Name-Last: Kurz 
Title: Aiming for a 'Higher Prize'Paul Anthony Samuelson (1915-2009) 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 513-520 
Issue: 3 
Volume: 17 
Year: 2010 
X-DOI: 10.1080/09672567.2010.496571 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2010.496571 
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Template-Type: ReDIF-Article 1.0
Author-Name: Marco Dardi 
Author-X-Name-First: Marco 
Author-X-Name-Last: Dardi 
Title: The Intellectual Foundations of Alfred Marshall's Economic Science: A Rounded Globe of Knowledge 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 521-525 
Issue: 3 
Volume: 17 
Year: 2010 
X-DOI: 10.1080/09672567.2010.496572 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2010.496572 
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Template-Type: ReDIF-Article 1.0
Author-Name: Ernst Helmstadter 
Author-X-Name-First: Ernst 
Author-X-Name-Last: Helmstadter 
Title: The Isolated State in Relation to Agriculture and Political Economy, Part III: Principles for the Determination of Rent, the Most Advantageous Rotation Period and the Value of Stands of Varying Age in Pinewoods 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 525-527 
Issue: 3 
Volume: 17 
Year: 2010 
X-DOI: 10.1080/09672567.2010.496577 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2010.496577 
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Handle: RePEc:taf:eujhet:v:17:y:2010:i:3:p:525-527




Template-Type: ReDIF-Article 1.0
Author-Name: Gilbert Faccarello 
Author-X-Name-First: Gilbert 
Author-X-Name-Last: Faccarello 
Author-Name: Richard Sturn 
Author-X-Name-First: Richard 
Author-X-Name-Last: Sturn 
Title: The challenge of the history of public economics 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 537-542 
Issue: 4 
Volume: 17 
Year: 2010 
X-DOI: 10.1080/09672567.2010.517901 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2010.517901 
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Handle: RePEc:taf:eujhet:v:17:y:2010:i:4:p:537-542




Template-Type: ReDIF-Article 1.0
Author-Name: Alan Peacock 
Author-X-Name-First: Alan 
Author-X-Name-Last: Peacock 
Title: Public economics and history of economic thought: a personal memoir 
Abstract:
  Alan Peacock describes his entry into postwar British Economics, as an
 undergraduate at St. Andrews and a lecturer at London School of Economics.
 His personal involvement with, and development of, Public Economics is
 outlined. 
Journal: The European Journal of the History of Economic Thought 
Pages: 543-557 
Issue: 4 
Volume: 17 
Year: 2010 
Keywords: Public economics, public finance, public choice, economic policy, 
X-DOI: 10.1080/09672567.2010.501136 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2010.501136 
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Handle: RePEc:taf:eujhet:v:17:y:2010:i:4:p:543-557




Template-Type: ReDIF-Article 1.0
Author-Name: Alan Peacock 
Author-X-Name-First: Alan 
Author-X-Name-Last: Peacock 
Author-Name: Jack Wiseman 
Author-X-Name-First: Jack 
Author-X-Name-Last: Wiseman 
Title: Two unpublished papers from the 1950s 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 559-577 
Issue: 4 
Volume: 17 
Year: 2010 
X-DOI: 10.1080/09672567.2010.501137 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2010.501137 
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Handle: RePEc:taf:eujhet:v:17:y:2010:i:4:p:559-577




Template-Type: ReDIF-Article 1.0
Author-Name: Marco Guidi 
Author-X-Name-First: Marco 
Author-X-Name-Last: Guidi 
Title: Jeremy Bentham, the French Revolution, and the political economy of representation (1788 to 1789) 
Abstract:
  This paper examines the texts Jeremy Bentham wrote in 1788 and 1789 for
 the upcoming meeting of the Estates-General in France, focusing on the
 arrangement of a representative assembly. Bentham examined the problems of
 constitutional choice with an economic method, answering the fundamental
 questions of the efficiency of decisional mechanisms and of the
 correspondence between the interests of the representatives and that of
 the represented. The paper studies two problems in particular: that of the
 optimal degree of representation, and that of the role of bribery in
 elections. The optimal dimension of parliaments is established as a
 function of the probability that decisions are taken and that these
 decisions are useful. Anti-bribery laws are criticised with the radical
 argument that being willing to pay signals a strong commitment to
 political activity. The paper argues both that Bentham's place in the
 early history of collective choice should be restated, and that no
 retrospective reading is necessary to this end, since Bentham's economic
 approach is entirely embedded in his utilitarian philosophy. 
Journal: The European Journal of the History of Economic Thought 
Pages: 579-605 
Issue: 4 
Volume: 17 
Year: 2010 
Keywords: Representation, utilitarianism, constitutional choice, Jeremy Bentham, Condorcet, 
X-DOI: 10.1080/09672560903552587 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903552587 
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Template-Type: ReDIF-Article 1.0
Author-Name: Antoinette Baujard 
Author-X-Name-First: Antoinette 
Author-X-Name-Last: Baujard 
Title: Collective interest versus individual interest in Bentham's felicific calculus. Questioning welfarism and fairness 
Abstract:
  The core idea of utilitarianism for Bentham is to establish that only
 individual utilities count in social welfare. There can be two distinct
 interpretations of this apparently simple principle. According to one
 view, individual utilities represent the basic information for the
 calculation of social welfare: this is how utilitarianism works. According
 to a second view, social welfare is maximized if and only if individual
 utilities are maximized: this is what justifies utilitarianism. This aim
 of this paper is to show: that these two interpretations should not be
 confused; that they correspond to distinct definitions of welfarism; that
 they are likely to conflict; and that as a consequence we can draw
 important and surprising conclusions for political philosophy and economic
 science. One such conclusion is that fairness should be prior to goodness
 in a consistent Benthamian doctrine. 
Journal: The European Journal of the History of Economic Thought 
Pages: 607-634 
Issue: 4 
Volume: 17 
Year: 2010 
Keywords: Interest, utility, is and ought, external effects, goodness and fairness, welfarism, formal welfarism, ethical welfarism, 
X-DOI: 10.1080/09672567.2010.483067 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2010.483067 
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Template-Type: ReDIF-Article 1.0
Author-Name: Michael McLure 
Author-X-Name-First: Michael 
Author-X-Name-Last: McLure 
Title: Pareto, Pigou and third-party consumption: divergent approaches to welfare theory with implications for the study of public finance 
Abstract:
  This study utilises the distinction between ophelimity and utility to
 contrast Pareto's and Pigou's divergent approaches to economic and social
 welfare when individuals are conscious of consumption by third-parties. It
 is argued that diverse characterisations of science lie at the heart of
 the substantive differences in these approaches to welfare, with
 divergences in the treatment of third-party consumption being more
 significant than any variations in the ordinal or cardinal representation
 of welfare issues. Moreover, differences associated with the treatment of
 third-party consumption have implications for the choice between an
 economic and a sociological base for the study of public finance. 
Journal: The European Journal of the History of Economic Thought 
Pages: 635-657 
Issue: 4 
Volume: 17 
Year: 2010 
Keywords: Ophelimity, Pareto, Pigou, third-party consumption, welfare, 
X-DOI: 10.1080/09672567.2010.482996 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2010.482996 
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Template-Type: ReDIF-Article 1.0
Author-Name: Arnaud Orain 
Author-X-Name-First: Arnaud 
Author-X-Name-Last: Orain 
Title: Progressive indirect taxation and social justice in eighteenth-century France: Forbonnais and Graslin's fiscal system 
Abstract:
  This article presents the fiscal theories of Forbonnais (1722 to 1800)
 and Graslin (1727 to 1790) as a common system. A system that is the first
 to clearly establish the notion of progressive taxation upon goods
 inversely proportional with their utility. Thanks to the collation of the
 works of these two men with the inventories of their libraries and their
 arithmetic skills, this article is able to reveal their real backgrounds
 and influences. Finally, the progressive taxation would allow a new
 allocation of the factors of production that would be the key point for a
 whole reform of the French Kingdom. 
Journal: The European Journal of the History of Economic Thought 
Pages: 659-685 
Issue: 4 
Volume: 17 
Year: 2010 
Keywords: Forbonnais, Graslin, indirect taxation, geometric progression, luxury, 
X-DOI: 10.1080/09672567.2010.501108 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2010.501108 
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Template-Type: ReDIF-Article 1.0
Author-Name: Serge-Christophe Kolm 
Author-X-Name-First: Serge-Christophe 
Author-X-Name-Last: Kolm 
Title: History of public economics: The historical French school 
Abstract:
  After having recalled the birth and development of the modern field of
 public economics, this article focuses on the centuries-old invention,
 development and application of the basic concepts of public economics by
 the bodies of French technical civil servants. This includes, among
 others, the normative criteria implied by the various forms and uses of
 the concept of the surplus, public pricing and the theory of value
 constraints, and the mixed or intermediate structures between public and
 private goods. The social, moral and technical reasons for these
 discoveries are explained. Conclusions for the present choices between
 private and public management are drawn. 
Journal: The European Journal of the History of Economic Thought 
Pages: 687-718 
Issue: 4 
Volume: 17 
Year: 2010 
Keywords: Public economics, history, schools of thought, 
X-DOI: 10.1080/09672567.2010.482994 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2010.482994 
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Template-Type: ReDIF-Article 1.0
Author-Name: Gilbert Faccarello 
Author-X-Name-First: Gilbert 
Author-X-Name-Last: Faccarello 
Title: Bold ideas. French liberal economists and the state: Say to Leroy-Beaulieu 
Abstract:
  In nineteenth-century France, the nature and functions of the State were
 an almost constant subject of debate among liberal economists. The aim of
 this paper is to analyse and restate some hitherto neglected discussions
 and to discover some bold ideas that could form the hallmarks of a French
 approach to the question. The enquiry starts at the turn of the century
 with the seminal work of J.-B. Say and writings by A.L.C. Destutt de
 Tracy, who both shaped the liberal reflection on public economics during
 this period. But the works of these authors suffered from important
 ambiguities. It is shown how subsequent liberal economists&#xa0;-&#xa0;Ch.
 Dunoyer, V. de Broglie, G. de Molinari, E. de Girardin, P.
 Leroy-Beaulieu&#xa0;-&#xa0;tried to deal with some of the unresolved
 questions and, mainly on the basis of Say's work, developed original
 approaches focusing on the productivity of public spending, the role of
 the State as a factor of production, utopian views of the State as a
 private company, and finally the inexorable political and administrative
 logic of the modern electoral State. 
Journal: The European Journal of the History of Economic Thought 
Pages: 719-758 
Issue: 4 
Volume: 17 
Year: 2010 
Keywords: History of public economics, French political economy, public choice, Say, Destutt de Tracy, Dunoyer, Broglie, Molinari, Girardin, Leroy-Beaulieu, 
X-DOI: 10.1080/09672567.2010.517900 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2010.517900 
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Template-Type: ReDIF-Article 1.0
Author-Name: Nathalie Sigot 
Author-X-Name-First: Nathalie 
Author-X-Name-Last: Sigot 
Title: Utility and justice: French liberal economists in the nineteenth century 
Abstract:
  French liberal economists share a very surprising reading of Bentham's
 theory. In this paper, we underline the method according to which these
 economists understand Bentham's utilitarianism: they consider that
 utilitarianism deals with 'utility' but disregards justice. Such an
 interpretation appears when they tried to oppose the 'French school' and
 'English school' of economics as well as when they discussed the
 foundation of property rights. 
Journal: The European Journal of the History of Economic Thought 
Pages: 759-792 
Issue: 4 
Volume: 17 
Year: 2010 
Keywords: French liberal economists, utilitarianism, justice, property rights, utility, 
X-DOI: 10.1080/09672560903552546 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903552546 
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Template-Type: ReDIF-Article 1.0
Author-Name: Philippe Poinsot 
Author-X-Name-First: Philippe 
Author-X-Name-Last: Poinsot 
Title: The foundations of justice in Jules Dupuit's thought 
Abstract:
  The ongoing interpretation of Dupuit's conflict with the French liberal
 school on the question of justice consists of a simple opposition between
 public utility and natural rights. This paper aims to show that Dupuit's
 position is far more complex: justice is based on welfare&#xa0;-&#xa0;and
 thus on public utility&#xa0;-&#xa0;although natural rights are not
 excluded from his scheme. An understanding of Dupuit's concept requires a
 clarification of the differences between three notions&#xa0;-&#xa0;public
 interest, welfare and public utility&#xa0;-&#xa0;and, by the same token,
 of the factors linking each notion to the others. 
Journal: The European Journal of the History of Economic Thought 
Pages: 793-812 
Issue: 4 
Volume: 17 
Year: 2010 
Keywords: Jules Dupuit, justice, general interest, welfare, the School of Paris, 
X-DOI: 10.1080/09672567.2010.499472 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2010.499472 
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Template-Type: ReDIF-Article 1.0
Author-Name: Claire Silvant 
Author-X-Name-First: Claire 
Author-X-Name-Last: Silvant 
Title: Gustave Fauveau's contribution to fiscal theory 
Abstract:
  Gustave Fauveau, a French mathematician and economist of the
 mid-nineteenth century, presented in 1864 an innovative theory of taxation
 that has been largely overlooked by historians of economic thought. He
 provides a mathematical framework for the analysis of taxation, considered
 both as the counterpart of the benefits received from the State and of the
 taxpayer's ability to pay. This article examines Fauveau's contribution to
 fiscal theory. This consists of modelling his two major ideas: as the
 first author to apply insurance theory to the calculation of an equitable
 tax, and expressing in mathematical terms Condorcet's principles of
 taxation. The novelty of his analysis lies in proving, in both cases, the
 optimality of progressive or of proportional taxation. To give a complete
 overview of Fauveau's ideas on fiscal theory we present in an appendix two
 other contributions on taxation that were published separately. 
Journal: The European Journal of the History of Economic Thought 
Pages: 813-835 
Issue: 4 
Volume: 17 
Year: 2010 
Keywords: Fauveau, fiscal theory, progressive taxation, mathematical economics, French political economy, public economics, insurance theory, 
X-DOI: 10.1080/09672567.2010.500738 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2010.500738 
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Template-Type: ReDIF-Article 1.0
Author-Name: Laurent Dobuzinskis 
Author-X-Name-First: Laurent 
Author-X-Name-Last: Dobuzinskis 
Title: Non-welfarism Avant la Lettre: Alfred Fouillee's political economy of justice 
Abstract:
  This paper focuses on the implications for political economy of Alfred
 Fouillee's until now unjustly neglected concept of 'reparative justice'. I
 argue that it anticipates ideas that are associated today with
 non-welfarist approaches to economic justice, and with left-libertarianism
 in particular, without suffering from some of the weaknesses for which
 these approaches have been criticized. I show that Fouillee's defence of
 the primacy of liberty has an intuitive appeal that is arguably missing in
 other formulations of this idea, and I underline the reasons why his
 concept of 'reparative justice' is innocent of the charge of paternalism. 
Journal: The European Journal of the History of Economic Thought 
Pages: 837-864 
Issue: 4 
Volume: 17 
Year: 2010 
Keywords: Non-welfarism, Fouillee, left-libertarianism, justice, 
X-DOI: 10.1080/09672567.2010.482998 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2010.482998 
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Template-Type: ReDIF-Article 1.0
Author-Name: Daniele Corado 
Author-X-Name-First: Daniele 
Author-X-Name-Last: Corado 
Author-Name: Stefano Solari 
Author-X-Name-First: Stefano 
Author-X-Name-Last: Solari 
Title: Natural law as inspiration to Adolph Wagner's theory of public intervention 
Abstract:
  Adolph Wagner is best known for his principle regarding the increase of
 state intervention into the economy. Such a principle is characterised by
 an 'ethical economy' perspective, incorporating some original ideas based
 on the relationship between the law and political economy. Wagner's theory
 sought to legitimise state intervention and progressive taxation by
 referring to both a broad Aristotelianism and a specific philosophy of law
 derived from Krausian natural law. This paper analyses and compares how
 this idea of the law affects Wagner's theorisation of state-economy
 interaction and his insights into public economics. 
Journal: The European Journal of the History of Economic Thought 
Pages: 865-879 
Issue: 4 
Volume: 17 
Year: 2010 
Keywords: Kathedersozialismus, natural law, practical reason, state theory, 
X-DOI: 10.1080/09672567.2010.511871 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2010.511871 
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Template-Type: ReDIF-Article 1.0
Author-Name: Amedeo Fossati 
Author-X-Name-First: Amedeo 
Author-X-Name-Last: Fossati 
Title: The idea of State in the Italian tradition of public finance 
Abstract:
  The paper reviews some of the most representative Italian scholars,
 starting from De Viti de Marco and ending with Fasiani, conventionally
 considered the first and the last scholar of the Italian tradition. Their
 positions are discussed firstly in terms of the economic role they
 attributed to the State and, secondly, in terms of how they considered
 public goods and public needs. The paper then shows how their analysis
 depended on political, sociological and ethical assumptions about the
 State. Finally, it is argued that Italian tradition turned to alternative
 political and sociological approaches to the State. 
Journal: The European Journal of the History of Economic Thought 
Pages: 881-907 
Issue: 4 
Volume: 17 
Year: 2010 
Keywords: Italian tradition, State, public needs and public goods, 
X-DOI: 10.1080/09672560903552520 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903552520 
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Template-Type: ReDIF-Article 1.0
Author-Name: Domenicantonio Fausto 
Author-X-Name-First: Domenicantonio 
Author-X-Name-Last: Fausto 
Title: Public expenditure in Italian public finance theory 
Abstract:
  This paper examines public expenditure in the Italian public finance
 literature between the end of the nineteenth century and the early decades
 of the twentieth century. Three aspects are considered: the factors that
 determine the growth of public expenditure; integration of the tax and
 expenditure sides in the theory of shifting and incidence of taxation; and
 the general productivity of public expenditure. The main conclusion of the
 paper is that Italian economists have examined the problem of public
 finance in a general context, taking into consideration both taxes and
 public expenditure at the same time. 
Journal: The European Journal of the History of Economic Thought 
Pages: 909-931 
Issue: 4 
Volume: 17 
Year: 2010 
Keywords: History of public finance, public expenditure, 
X-DOI: 10.1080/09672567.2010.482995 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2010.482995 
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Template-Type: ReDIF-Article 1.0
Author-Name: Piero Bini 
Author-X-Name-First: Piero 
Author-X-Name-Last: Bini 
Author-Name: Daniela Parisi 
Author-X-Name-First: Daniela 
Author-X-Name-Last: Parisi 
Title: Common welfare versus the spirit of private enterprise: the experience of Italian municipalization from 1880 to 1930 
Abstract:
  This paper investigates the Italian debate on municipalization between
 the 1880s and the 1920s and is divided into two parts. The first deals
 with the emergence of the municipalization in the late nineteenth century
 as a component in the birth of the Social State. The second part concerns
 the analytical tools elaborated by some leading Italian economists in the
 first three decades of the twentieth century, when municipalization was
 the expression of an entire lifecycle, with an early expanding stage
 (until World War I) and a later stage (under Fascism) of prevalent
 stagnation. 
Journal: The European Journal of the History of Economic Thought 
Pages: 933-956 
Issue: 4 
Volume: 17 
Year: 2010 
Keywords: Public enterprises, monopoly, welfare economics, history of economic thought, 
X-DOI: 10.1080/09672560903552561 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903552561 
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Template-Type: ReDIF-Article 1.0
Author-Name: Maurice Lagueux 
Author-X-Name-First: Maurice 
Author-X-Name-Last: Lagueux 
Title: The residual character of externalities 
Abstract:
  This paper claims that the term 'externality' designates a residual
 entity that corresponds to what is left aside by the market. Fluctuations
 in the importance granted to externalities reflect fluctuations in the
 place granted to the market. In the first half of the twentieth century,
 externalities were judged unimportant. Later, they became pervasive. This
 radically changed in the 1960s through a redefinition of the market
 largely based on Ronald Coase's views on transaction costs. The paper
 analyses these fluctuations in the economists' understanding of
 externalities and proposes a way of clearly distinguishing externalities
 from what is internal to the market. 
Journal: The European Journal of the History of Economic Thought 
Pages: 957-973 
Issue: 4 
Volume: 17 
Year: 2010 
Keywords: Externalities, market, transaction costs, 
X-DOI: 10.1080/09672560903552538 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903552538 
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Template-Type: ReDIF-Article 1.0
Author-Name: Elodie Bertrand 
Author-X-Name-First: Elodie 
Author-X-Name-Last: Bertrand 
Title: The three roles of the 'Coase theorem' in Coase's works 
Abstract:
  This article aims at understanding Coase's apparently paradoxical
 attitude towards his eponym 'theorem'. On the one hand, he judges as
 excessive the attention devoted to an assertion that makes the assumption
 of zero transaction costs. On the other, he has never stopped reasserting
 its largely questioned validity. We explain this puzzle by identifying
 three roles of the 'Coase theorem' in his works: heuristic (to bring to
 light the role of transaction costs), critical (of the Pigovian
 tradition), and normative (Coase derives policy prescriptions). 
Journal: The European Journal of the History of Economic Thought 
Pages: 975-1000 
Issue: 4 
Volume: 17 
Year: 2010 
Keywords: Externalities, Coase, Coase theorem, Pigou, 
X-DOI: 10.1080/09672560903552553 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903552553 
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Template-Type: ReDIF-Article 1.0
Author-Name: Ragip Ege 
Author-X-Name-First: Ragip 
Author-X-Name-Last: Ege 
Author-Name: Herrade Igersheim 
Author-X-Name-First: Herrade 
Author-X-Name-Last: Igersheim 
Title: Rawls's justice theory and its relations to the concept of merit goods 
Abstract:
  The purpose of this paper is to analyse the status that the concept of
 merit goods (as first stated by Musgrave in The Theory of Public Finance)
 has/should have in Rawls's theory. We first examine Rawls's position
 regarding this issue in A Theory of Justice. Next, we claim that the
 attitude of the 'second' Rawls about it is rather ambiguous and vacillates
 between exclusion and inclusion. We attempt to prove that thanks to the
 concepts Rawls has developed from 1985 onwards (especially the concept of
 public reason), he could have resorted to the concept of merit goods to
 cope better with his new objectives. 
Journal: The European Journal of the History of Economic Thought 
Pages: 1001-1030 
Issue: 4 
Volume: 17 
Year: 2010 
Keywords: Philosophical theories of justice, Rawls, public reason, merit goods, public goods, 
X-DOI: 10.1080/09672567.2010.482999 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2010.482999 
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Template-Type: ReDIF-Article 1.0
Author-Name: Alasdair Rutherford 
Author-X-Name-First: Alasdair 
Author-X-Name-Last: Rutherford 
Title: Get by with a little help from my friends: A recent history of charitable organisations in economic theory 
Abstract:
  Over the past 40 years the development of economic theories of charitable
 organisations has closely followed the literature on altruism. This paper
 argues that the debate around altruistic behaviour sparked by Richard
 Titmuss's analysis of the economics of blood donations in 1970 led to a
 succession of economic theories of charity, moving altruism from the
 fringes to the core of the theory. While initially based on the collective
 provision of public goods, they have now embraced the 'warm-glow'
 literature, but the full implications of behavioural economics for our
 understanding of charities have yet to be realised. 
Journal: The European Journal of the History of Economic Thought 
Pages: 1031-1046 
Issue: 4 
Volume: 17 
Year: 2010 
Keywords: Charity, non-profit, warm glow, 
X-DOI: 10.1080/09672560903434489 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903434489 
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Template-Type: ReDIF-Article 1.0
Author-Name: Monique Florenzano 
Author-X-Name-First: Monique 
Author-X-Name-Last: Florenzano 
Title: Government and the provision of public goods:from equilibrium models to mechanismdesign 
Abstract:
  This paper investigates to what extent the seminal contribution of
 Samuelson has been or not incorporated by the theories of general
 equilibrium and mechanism design in their analysis of optimal public good
 provision, and more generally of optimal public policy. Our conclusion is
 that, far from taking up the challenges raised by Samuelson's
 contribution, both paradigms lead to the negative conclusion of the
 impossibility of a fully decentralized optimal public goods provision
 through market or market-like institutions, without giving a key for
 (re)defining the role of state in market economies. 
Journal: The European Journal of the History of Economic Thought 
Pages: 1047-1077 
Issue: 4 
Volume: 17 
Year: 2010 
Keywords: General equilibrium, Lindahl-Foley equilibrium, Wicksell-Foley public competitive equilibrium, private provision equilibrium, mechanism design, free-rider problem, incentive compatibility, principal-agent models, 
X-DOI: 10.1080/09672567.2010.499469 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2010.499469 
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Template-Type: ReDIF-Article 1.0
Author-Name: Yahya Madra 
Author-X-Name-First: Yahya 
Author-X-Name-Last: Madra 
Author-Name: Fikret Adaman 
Author-X-Name-First: Fikret 
Author-X-Name-Last: Adaman 
Title: Public economics after neoliberalism: a theoretical-historical perspective 
Abstract:
  Musgravean public economics, as the dominant public policy framework of
 the post-World War II era, argued that the government can and should
 supplement the price mechanism in order to create a social order within
 which a democratic society can flourish. Starting with the late 1970s,
 this project of public economics has been challenged by the growing
 dominance of neoliberalism as a form of governmentality that extends the
 economic logic of markets into the domain of the state and its mode of
 exercising sovereignty over its subjects. After outlining the historical
 and the disciplinary context of this challenge, the article maintains that
 endogenous theoretical confrontations internal to public economics should
 also be taken into consideration to provide a fuller account of the
 eclipse of the Musgravean public economics in the era of neoliberalism. 
Journal: The European Journal of the History of Economic Thought 
Pages: 1079-1106 
Issue: 4 
Volume: 17 
Year: 2010 
Keywords: Public economics, neoclassical economics, Chicago Economics, Austrian economics, neoliberalism, economic performativity, Michel Foucault, 
X-DOI: 10.1080/09672567.2010.482997 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2010.482997 
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Template-Type: ReDIF-Article 1.0
Author-Name: Harald Hagemann 
Author-X-Name-First: Harald 
Author-X-Name-Last: Hagemann 
Author-Name: Heinz Kurz 
Author-X-Name-First: Heinz 
Author-X-Name-Last: Kurz 
Author-Name: Persefoni Tsaliki 
Author-X-Name-First: Persefoni 
Author-X-Name-Last: Tsaliki 
Author-Name: Lefteris Tsoulfidis 
Author-X-Name-First: Lefteris 
Author-X-Name-Last: Tsoulfidis 
Title: Preface 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 1111-1112 
Issue: 5 
Volume: 17 
Year: 2010 
X-DOI: 10.1080/09672567.2010.522787 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2010.522787 
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Template-Type: ReDIF-Article 1.0
Author-Name: Robert Solow 
Author-X-Name-First: Robert 
Author-X-Name-Last: Solow 
Title: Stories about economics and technology 
Abstract:
  This essay offers an unsystematic sketch of seval ways in which
 economists have approached the need to represent and model changes in
 technology. It begins with the failures of Ricardo and Mill to respond
 adequately to the continueing increase of productivity after the
 Industrial Revolution, and ascribes it to the lack of appropriate
 analytical technique. It goes on to the question of classification of
 inventions posed by Hicks, with responses from other authors. It concludes
 with comments on the current intereste in endogenizing technical profress
 as a routine profit-seeking activity, with the thought that an uneasy
 compormise between exogeneous and endogeneous may be the best that can be
 done. 
Journal: The European Journal of the History of Economic Thought 
Pages: 1113-1126 
Issue: 5 
Volume: 17 
Year: 2010 
Keywords: Technological progress, classification of inventions, 
X-DOI: 10.1080/09672567.2010.522789 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2010.522789 
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Template-Type: ReDIF-Article 1.0
Author-Name: Nicholas Crafts 
Author-X-Name-First: Nicholas 
Author-X-Name-Last: Crafts 
Title: Cliometrics and technological change: a survey 
Abstract:
  This paper considers the approach to technological change by quantitative
 economic historians. It suggests that there has been a continuing tension
 between what economics has to offer economic history by way of technical
 methods and what economic historians would like to find in economic
 models. In this area, there has been a danger that use of economic
 analysis would impoverish historical enquiry. Since the advent of new
 growth economics the situation has improved in the sense that there is now
 greater congruence between the hypotheses proposed by cliometricians and
 the resources that economics has available to them to investigate these
 ideas rigorously. Unfortunately, however, economists are still reluctant
 to learn from economic historians. 
Journal: The European Journal of the History of Economic Thought 
Pages: 1127-1147 
Issue: 5 
Volume: 17 
Year: 2010 
Keywords: Cliometrics, economic growth, technological change, total factor productivity, 
X-DOI: 10.1080/09672567.2010.522790 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2010.522790 
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Template-Type: ReDIF-Article 1.0
Author-Name: Hugh Goodacre 
Author-X-Name-First: Hugh 
Author-X-Name-Last: Goodacre 
Title: Technological progress and economic analysis from Petty to Smith 
Abstract:
  Both William Petty (1623 to 1687) and Adam Smith (1723 to 1790) were
 concerned with the question of how to increase productivity. In this
 connection, they both addressed the issues of technological invention and
 the organisation of the production process, but in very different ways.
 Petty represents both these aspects of the productivity question as
 instances of another, conceptually dominant, consideration&#xa0;-&#xa0;the
 benefits of spatial compactness. Smith, in contrast, subordinates both
 technical and spatial considerations to the division of labour, thus
 narrowing the focus onto his central message that productivity can
 ultimately only proceed in step with the extension of the market. 
Journal: The European Journal of the History of Economic Thought 
Pages: 1149-1168 
Issue: 5 
Volume: 17 
Year: 2010 
Keywords: William Petty, Adam Smith, technology, productivity, division of labour, 
X-DOI: 10.1080/09672567.2010.522240 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2010.522240 
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Template-Type: ReDIF-Article 1.0
Author-Name: Tony Aspromourgos 
Author-X-Name-First: Tony 
Author-X-Name-Last: Aspromourgos 
Title: 'Universal opulence': Adam Smith on technical progress and real wages 
Abstract:
  This paper first considers the character of Smith's account of division
 of labour as a theory of technical progress. In so far as Smith's account
 does entail a vision of liberal or competitive commercial society as
 exhibiting ongoing technical progress, this must have implications for
 income distribution through time. The paper therefore also considers, in
 particular, Smith's conception of the course of real wages in competitive
 commercial society, and how this connects with his view of technical
 progress. A reconciliation of Smith's theory of real wages and his
 prediction of high and rising real wages over time is suggested. 
Journal: The European Journal of the History of Economic Thought 
Pages: 1169-1182 
Issue: 5 
Volume: 17 
Year: 2010 
Keywords: Adam Smith, division of labour, real wages, technical change, 
X-DOI: 10.1080/09672567.2010.522241 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2010.522241 
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Template-Type: ReDIF-Article 1.0
Author-Name: Heinz Kurz 
Author-X-Name-First: Heinz 
Author-X-Name-Last: Kurz 
Title: Technical progress, capital accumulation and income distribution in Classical economics: Adam Smith, David Ricardo and Karl Marx 
Abstract:
  The paper discusses the analyses of technical progress, capital
 accumulation and income distribution elaborated by three major classical
 economists: Adam Smith, David Ricardo and Karl Marx. The interpretation
 given is partly inspired by Piero Sraffa's studies in his hitherto
 unpublished papers. It will be argued that in the classical authors we
 encounter a sophisticated typology of different forms of technical change
 and an analysis of the different effects these have. These forms can be
 analysed in terms of shifts of the inverse relationship between the
 general rate of profits and wages, or wage frontier. The emphasis will be
 on Adam Smith's concept of the division of labour, Ricardo's analysis of
 the substitution of machine power for labour power, and Marx's adaptation
 of Ricardo's argument to his own analytical framework in terms of a rising
 organic composition of capital. 
Journal: The European Journal of the History of Economic Thought 
Pages: 1183-1222 
Issue: 5 
Volume: 17 
Year: 2010 
Keywords: Classical economics, technical change, income distribution, Adam Smith, David Ricardo, 
X-DOI: 10.1080/09672567.2010.522242 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2010.522242 
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Template-Type: ReDIF-Article 1.0
Author-Name: Regina Roth 
Author-X-Name-First: Regina 
Author-X-Name-Last: Roth 
Title: Marx on technical change in the critical edition 
Abstract:
  Karl Marx is well known for sharply criticizing the social effects that
 technical change had on the employment and the working conditions of the
 labourers. At the same time, he was fascinated by the revolutionary power
 that technical innovations offered and assigned such innovations to play a
 prominent role in the development of modern society. We may explore the
 origin and development of his views in greater detail referring to the
 whole of his legacy, not only to his writings but also to his numerous
 excerpts from the technological literature of his time. 
Journal: The European Journal of the History of Economic Thought 
Pages: 1223-1251 
Issue: 5 
Volume: 17 
Year: 2010 
Keywords: Karl Marx, technical change, industry, agriculture, working method, 
X-DOI: 10.1080/09672567.2010.522239 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2010.522239 
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Template-Type: ReDIF-Article 1.0
Author-Name: Peter Groenewegen 
Author-X-Name-First: Peter 
Author-X-Name-Last: Groenewegen 
Title: Marshall's treatment of technological change in Industry and Trade 
Abstract:
  The phrase 'technological change' does not appear in the index of
 Marshall's second major book, Industry and Trade, nor does it appear in
 the index of that of his first major work, Principles of Economics. Yet
 the nature of the contents of the second book, Industry and Trade,
 indicates that technological progress is part of the analysis, with
 special reference to Marshall's discussion of the industrial leadership
 secured by England during the nineteenth century, and the claims thereto
 by France, Germany and the United States (Book I, chapters III-VIII).
 Causes of technological change, and its impact on the size of firms were
 discussed by Marshall in Book II (especially chapters II and III), while
 the matter is also treated in the context of changes in business
 organisation (Book II, chapters X-XII). This paper, in its various
 sections, therefore acts as a reminder of the fact that Marshall's
 Industry and Trade was primarily concerned with 'the origins of modern
 industrial technique and business organisation', as he put it himself in
 the introduction. 
Journal: The European Journal of the History of Economic Thought 
Pages: 1253-1269 
Issue: 5 
Volume: 17 
Year: 2010 
Keywords: Alfred Marshall, technological change, industry and trade, 
X-DOI: 10.1080/09672567.2010.522244 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2010.522244 
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Template-Type: ReDIF-Article 1.0
Author-Name: Arrigo Opocher 
Author-X-Name-First: Arrigo 
Author-X-Name-Last: Opocher 
Title: Measuring productivity increase by long-run prices: the early analyses of G.R. Porter and R. Giffen 
Abstract:
  The nineteenth-century economic commentators did not possess a formal
 measure of the rate at which productivity was increasing during the
 industrial take-off. Yet they did develop an intuitive method based on the
 comparative change in long-period prices and wages. This paper reviews the
 contributions of G.R. Porter and R. Giffen and, in the light of some
 modern contributions, presents an assessment of their rationality and
 improvability under current standards. It is argued that a proper measure
 of industrial productivity increase based on long-run prices is the
 mathematical dual of a Solovian measure of the industrial total factor
 productivity growth. 
Journal: The European Journal of the History of Economic Thought 
Pages: 1271-1291 
Issue: 5 
Volume: 17 
Year: 2010 
Keywords: Productivity growth, total factor productivity, cost function, real wages, income distribution, 
X-DOI: 10.1080/09672567.2010.522243 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2010.522243 
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Template-Type: ReDIF-Article 1.0
Author-Name: Panayotis Michaelides 
Author-X-Name-First: Panayotis 
Author-X-Name-Last: Michaelides 
Author-Name: Ourania Kardasi 
Author-X-Name-First: Ourania 
Author-X-Name-Last: Kardasi 
Author-Name: John Milios 
Author-X-Name-First: John 
Author-X-Name-Last: Milios 
Title: Democritus's economic ideas in the context of classical political economy 
Abstract:
  This paper argues that the ancient Greek philosopher Democritus expressed
 many interesting economic ideas, some of which can also be found in the
 works of the Socratic philosophers. The paper shows that the Abderian
 philosopher&#xa0;-&#xa0;despite the fact that he did not engage himself
 primarily with economic issues, as his economic ideas were mainly
 developed as part of his psychological, ethical and philosophical
 teaching&#xa0;-&#xa0;is nevertheless a fine example of how ancient Greek
 thought contributed to the formation of the epistemological
 presuppositions of Political Economy, making Man the Subject of History
 and of all Social Process. 
Journal: The European Journal of the History of Economic Thought 
Pages: 1-18 
Issue: 1 
Volume: 18 
Year: 2011 
Keywords: Democritus, philosophy, ethics, psychology, economics, 
X-DOI: 10.1080/09672560903205004 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903205004 
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Template-Type: ReDIF-Article 1.0
Author-Name: Gregory Moore 
Author-X-Name-First: Gregory 
Author-X-Name-Last: Moore 
Title: The Anglo-Irish context for William Edward Hearn's economic beliefs and the ultimate failure of his Plutology 
Abstract:
  William Edward Hearn is generally regarded as Australia's first economist
 of international note and his Plutology ([1863]1864) is invariably deemed
 to be Australia's first economics text. In this paper I argue that it is
 more appropriate to describe Hearn as an Anglo-Irish economist and, to
 this end, provide the Anglo-Irish context for the economic doctrines that
 he expressed in Plutology and elsewhere. I also argue that the failure of
 Plutology in the market place was, in part, due to a campaign waged
 against Hearn in London by John Elliot Cairnes, who was an undergraduate
 contemporary of Hearn's at Trinity College, Dublin. 
Journal: The European Journal of the History of Economic Thought 
Pages: 19-54 
Issue: 1 
Volume: 18 
Year: 2011 
Keywords: William Edward Hearn, Irish Political Economy, 
X-DOI: 10.1080/09672560903114883 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903114883 
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Template-Type: ReDIF-Article 1.0
Author-Name: Sebastiano Nerozzi 
Author-X-Name-First: Sebastiano 
Author-X-Name-Last: Nerozzi 
Title: From the Great Depression to Bretton Woods: Jacob Viner and international monetary stabilization (1930-1945) 
Abstract:
  This paper examines Jacob Viner's contribution to the debate and the
 policy decision-making concerning international monetary policy from the
 Great Depression to the Bretton Woods agreements. An outstanding member of
 the so-called 'early Chicago School of Political Economy', Viner was
 actively engaged in the debate over the causes and cures of the
 Depression, emphasizing the important role international economic problems
 played in producing its onset and in reinforcing its duration. During the
 1930s Viner was an outspoken supporter of international monetary
 cooperation, set up to secure exchange rates stability, which he regarded
 as a paramount factor in restoring business confidence and fostering
 recovery. As a close assistant to Secretary of the Treasury Henry
 Morgenthau, Jr, Viner was able to exert a positive influence on the
 administration's foreign economic policy, from the Gold Stabilization Act
 of 1934 to the Tripartite Agreement of 1936. Although not directly
 involved in the Bretton Woods Conference, he played a role in preparing
 the ground for the establishment of multilateral agencies such as the
 International Monetary Fund and the International Bank for Reconstruction
 and Development. By means of his unpublished papers and other archival
 sources, as well as his writings, I shall examine Viner's analysis of the
 Great Depression, his contribution to the debate over American foreign
 economic policy and his work as economic adviser from 1930 to 1945. 
Journal: The European Journal of the History of Economic Thought 
Pages: 55-84 
Issue: 1 
Volume: 18 
Year: 2011 
Keywords: Great Depression, Gold Stabilization Act, Tripartite Agreement, Bretton Woods, Jacob Viner, 
X-DOI: 10.1080/09672560903141167 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903141167 
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Template-Type: ReDIF-Article 1.0
Author-Name: Lennart Erixon 
Author-X-Name-First: Lennart 
Author-X-Name-Last: Erixon 
Title: A social innovation or a product of its time? The Rehn-Meidner model's relation to contemporary economics and the Stockholm school 
Abstract:
  A wage and economic-policy programme for full employment, price
 stability, growth and equity was developed by two Swedish trade-union
 economists in the early post-war period. A restrictive macroeconomic
 policy, a wages policy of solidarity and an active labour-market policy
 are the cornerstones of the Rehn-Meidner model. The model was influenced
 by Hans Singer's analysis of the fallacies of incomes policy under full
 employment conditions. However, it is difficult to find equivalences in
 contemporary economics to the model's combination of policy goals and
 instruments, its proposed relation between the instruments, or to its
 emphasis on the role of actual profits in wage formation. 
Journal: The European Journal of the History of Economic Thought 
Pages: 85-123 
Issue: 1 
Volume: 18 
Year: 2011 
Keywords: Rehn-Meidner model, Swedish model, Stockholm school of economics, labour-market policy, wages policy of solidarity, 
X-DOI: 10.1080/09672560903207653 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903207653 
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Template-Type: ReDIF-Article 1.0
Author-Name: Peter Rodenburg 
Author-X-Name-First: Peter 
Author-X-Name-Last: Rodenburg 
Title: The remarkable transformation of the UV curve in economic theory 
Abstract:
  The purpose of this paper is to provide an analysis of the impact the
 Unemployment-Vacancy (UV) curve (or Beveridge curve) had on economic
 theory and to provide an account of the subsequent radical changes in its
 place and role over the decades since its first appearance in 1958. The
 paper traces the historical development of the UV curve and argues that
 the role of the UV curve has changed from that of a measuring device, to a
 graphical representation of full employment, to an axiom necessary for
 matching models of unemployment to a diagnostic tool. This changing role
 is best understood in the light of the paradigmatic change from
 Keynesianism to neoclassical search theory. 
Journal: The European Journal of the History of Economic Thought 
Pages: 125-153 
Issue: 1 
Volume: 18 
Year: 2011 
Keywords: UV curve, Beveridge curve, UV analysis, structural relations, matching function, search theory, full employment, labour economics, 
X-DOI: 10.1080/09672567.2011.546080 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2011.546080 
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Template-Type: ReDIF-Article 1.0
Author-Name: Keith Tribe 
Author-X-Name-First: Keith 
Author-X-Name-Last: Tribe 
Title: La pensee economique allemande 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 155-158 
Issue: 1 
Volume: 18 
Year: 2011 
X-DOI: 10.1080/09672567.2010.522791 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2010.522791 
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Template-Type: ReDIF-Article 1.0
Author-Name: G. C. Harcourt 
Author-X-Name-First: G. C. 
Author-X-Name-Last: Harcourt 
Title: The Return to Keynes 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 159-164 
Issue: 1 
Volume: 18 
Year: 2011 
X-DOI: 10.1080/09672567.2010.522793 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2010.522793 
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:1:p:159-164




Template-Type: ReDIF-Article 1.0
Author-Name: J. E. King 
Author-X-Name-First: J. E. 
Author-X-Name-Last: King 
Title: Michal Kalecki 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 164-167 
Issue: 1 
Volume: 18 
Year: 2011 
X-DOI: 10.1080/09672567.2010.522794 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2010.522794 
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Template-Type: ReDIF-Article 1.0
Author-Name: Jerome de Boyer des Roches 
Author-X-Name-First: Jerome 
Author-X-Name-Last: de Boyer des Roches 
Author-Name: Ricardo Solis Rosales 
Author-X-Name-First: Ricardo 
Author-X-Name-Last: Solis Rosales 
Title: R.G. Hawtrey on the national and international lender of last resort 
Abstract:
  This paper traces R.G. Hawtrey's main contributions to the theory of the
 lender of last resort (LLR), both national and international (ILLR). This
 theory is a continuation of one of the traditions of the classical period,
 started by Henry Thornton, which differs in important points from that of
 Walter Bagehot. In their treatment of the classical concepts the authors
 partly depart from the interpretation of Thomas M. Humphrey, who considers
 that Thornton and Bagehot have basically the same approach about LLR.
 Hawtrey renewed Thonton's views and extended the concepts to new problems,
 including the ILLR. Hawtrey built a model of LLR in a dynamic
 macroeconomic model that includes the Cambridge market for cash balance
 and introduces the bases of a theory of ILLR, describing the sequence of
 twin crisis, exchange and banking crisis, thus explaining the difficulties
 for an ILLR to act on the currency market without taking the risks
 involved, in a situation completely different to the one faced on the
 money market by the national LLR. 
Journal: The European Journal of the History of Economic Thought 
Pages: 175-202 
Issue: 2 
Volume: 18 
Year: 2011 
Keywords: Hawtrey, Lender of Last resort, International Lender of Last resort, central bank, credit, twin crisis, 
X-DOI: 10.1080/09672567.2011.564788 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2011.564788 
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:2:p:175-202




Template-Type: ReDIF-Article 1.0
Author-Name: Norikazu Takami 
Author-X-Name-First: Norikazu 
Author-X-Name-Last: Takami 
Title: Pigou on business cycles and unemployment: an anti-gold-standard view 
Abstract:
  This note examines A. C. Pigou's views on the practical issue of high
 unemployment in the 1920s. In his Industrial Fluctuations, Pigou
 emphasized that the monetary aspect of business cycles was much more
 important to fluctuations in unemployment than wage adjustment. In a
 journal article, however, he stated that major part of the high
 unemployment should be attributed to the failure of money wage adjustment.
 I argue that, on balance, Pigou attached greater importance to monetary
 problems than to the wage rigidity. 
Journal: The European Journal of the History of Economic Thought 
Pages: 203-215 
Issue: 2 
Volume: 18 
Year: 2011 
Keywords: Pigou, business cycle, unemployment, inter-war period, gold standard, 
X-DOI: 10.1080/09672567.2011.564792 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2011.564792 
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:2:p:203-215




Template-Type: ReDIF-Article 1.0
Author-Name: Ana Maria Bianchi 
Author-X-Name-First: Ana Maria 
Author-X-Name-Last: Bianchi 
Title: Visiting-economists through Hirschman's eyes 
Abstract:
  Since the nineteenth century, Latin America and other poor areas of the
 world received periodical visits from missions of economic experts. This
 paper analyzes the picture that Hirschman draws of these money doctors,
 whose main task was to advise on the economic and financial reforms that
 were deemed necessary for economic development. Hirschman coins the
 expression 'visiting-economist syndrome' to criticize the work done by
 these money doctors. I discuss whether Hirschman, as a money doctor
 himself, was able to acquire immunity from the disease he feared. 
Journal: The European Journal of the History of Economic Thought 
Pages: 217-242 
Issue: 2 
Volume: 18 
Year: 2011 
Keywords: Hirschman, money doctors, Latin America, visiting-economists, development economics, 
X-DOI: 10.1080/09672560903318146 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903318146 
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:2:p:217-242




Template-Type: ReDIF-Article 1.0
Author-Name: Mats Lundahl 
Author-X-Name-First: Mats 
Author-X-Name-Last: Lundahl 
Title: The Janus face of Eli Heckscher: theory, history and method 
Abstract:
  The paper analyzes Eli Heckscher's dual nature: as both an economist and
 an economic historian. Emphasis is put on his insistence on the use of
 economic theory in economic historic analysis, as manifested in a large
 number of publications throughout his life; and Heckscher's practical
 employment of his theoretical principles is examined. Since Heckscher was
 one of the founders of the modern theory of international trade, special
 attention is paid to his applications in this area. The paper highlights
 Heckscher as a precursor in the areas of Public Choice and New Political
 Economy. 
Journal: The European Journal of the History of Economic Thought 
Pages: 243-267 
Issue: 2 
Volume: 18 
Year: 2011 
Keywords: Eli Heckscher, method, economic history, economic theory, trade theory, 
X-DOI: 10.1080/09672560903207679 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903207679 
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:2:p:243-267




Template-Type: ReDIF-Article 1.0
Author-Name: Alessandro Lanteri 
Author-X-Name-First: Alessandro 
Author-X-Name-Last: Lanteri 
Author-Name: Anna Carabelli 
Author-X-Name-First: Anna 
Author-X-Name-Last: Carabelli 
Title: Beauty contested: how much of Keynes' remains in behavioural economics' beauty contests? 
Abstract:
  In one of the most famous passages of the economic literature, John
 Maynard Keynes likens the stock market to a beauty contest (BC), in which
 the winners are those who anticipate the average opinion. In behavioural
 economics there have recently been attempts at investigating the BC
 experimentally. We argue that there exist important differences between
 Keynes' and behavioural economics' BCs. We identify several types of BCs
 and propose a taxonomy. We also suggest that, in spite of these
 differences, Keynes' theory of decision under uncertainty is central to
 understanding the actual behaviour observed in experimental BCs. 
Journal: The European Journal of the History of Economic Thought 
Pages: 269-285 
Issue: 2 
Volume: 18 
Year: 2011 
Keywords: Beauty contest, behavioural economics, Keynes, rationality, 
X-DOI: 10.1080/09672560903552512 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903552512 
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:2:p:269-285




Template-Type: ReDIF-Article 1.0
Author-Name: Fabio Petri 
Author-X-Name-First: Fabio 
Author-X-Name-Last: Petri 
Title: Economic Theory and Economic Thought, Essays in Honour of Ian Steedman 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 287-289 
Issue: 2 
Volume: 18 
Year: 2011 
X-DOI: 10.1080/09672567.2010.522795 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2010.522795 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:2:p:287-289




Template-Type: ReDIF-Article 1.0
Author-Name: Edwin Burmeister 
Author-X-Name-First: Edwin 
Author-X-Name-Last: Burmeister 
Title: Economic Theory and Economic Thought. Essays in Honour of Ian Steedman 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 289-290 
Issue: 2 
Volume: 18 
Year: 2011 
X-DOI: 10.1080/09672567.2010.522798 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2010.522798 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:2:p:289-290




Template-Type: ReDIF-Article 1.0
Author-Name: Nikolay Nenovsky 
Author-X-Name-First: Nikolay 
Author-X-Name-Last: Nenovsky 
Title: Criticisms of Classical Political Economy. Menger, Austrian economics and the German Historical School 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 290-293 
Issue: 2 
Volume: 18 
Year: 2011 
X-DOI: 10.1080/09672567.2011.564793 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2011.564793 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:2:p:290-293




Template-Type: ReDIF-Article 1.0
Author-Name: Alessandro Roncaglia 
Author-X-Name-First: Alessandro 
Author-X-Name-Last: Roncaglia 
Title: Barriers to Competition: The Evolution of the Debate 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 293-296 
Issue: 2 
Volume: 18 
Year: 2011 
X-DOI: 10.1080/09672567.2010.522797 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2010.522797 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:2:p:293-296




Template-Type: ReDIF-Article 1.0
Author-Name: Manuela Mosca 
Author-X-Name-First: Manuela 
Author-X-Name-Last: Mosca 
Title: &#x152;uvres economiques completes 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 296-306 
Issue: 2 
Volume: 18 
Year: 2011 
X-DOI: 10.1080/09672567.2011.564794 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2011.564794 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:2:p:296-306




Template-Type: ReDIF-Article 1.0
Author-Name: Karl-Heinz Schmidt 
Author-X-Name-First: Karl-Heinz 
Author-X-Name-Last: Schmidt 
Title: Auf der Suche nach Klarheit im Kosmos der Okonomie. Beitrage zur Wirtschaftstheorie. Wirtschaft&#xa0;-&#xa0;Forschung und Wissenschaft, Band 25 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 306-308 
Issue: 2 
Volume: 18 
Year: 2011 
X-DOI: 10.1080/09672567.2011.564796 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2011.564796 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:2:p:306-308




Template-Type: ReDIF-Article 1.0
Author-Name: Keith Tribe 
Author-X-Name-First: Keith 
Author-X-Name-Last: Tribe 
Title: Allgemeine ('theoretische') Nationalokonomie. Vorlesungen 1894-1898 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 308-313 
Issue: 2 
Volume: 18 
Year: 2011 
X-DOI: 10.1080/09672567.2011.564801 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2011.564801 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:2:p:308-313




Template-Type: ReDIF-Article 1.0
Author-Name: Arnaud Orain 
Author-X-Name-First: Arnaud 
Author-X-Name-Last: Orain 
Title: 'Preferring that which you desire less': A Condillacian approach to choice under uncertainty 
Abstract:
  In his Dissertation sur la liberte (1754b), Condillac propounds a theory
 of choice that is intrinsically probabilistic. Reflecting on the cases
 which we would qualify as 'paradoxes in expected utility' he puts these
 down to common faults, explicable by 'delusions' and 'dominant desires'.
 This article concerns the revelation of this original procedure of a
 philosopher who had little interest in mathematics who constructed a
 clearly probabilistic procedure of choice. By a Bayesian revision of our
 probabilistic belief and our 'delusions', we sometimes 'prefer that which
 we desire less' and this way of thinking explain our endogenous changes of
 preferences. 
Journal: The European Journal of the History of Economic Thought 
Pages: 321-352 
Issue: 3 
Volume: 18 
Year: 2011 
Keywords: Choice under uncertainty, probability, Condillac, delusions, 
X-DOI: 10.1080/09672560903318153 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903318153 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:3:p:321-352




Template-Type: ReDIF-Article 1.0
Author-Name: Philippe Steiner 
Author-X-Name-First: Philippe 
Author-X-Name-Last: Steiner 
Title: The creator, human conduct and the maximisation of utility in Gossen's economic theory 
Abstract:
  Herman Gossen's book is usually praised for its contribution to the
 mathematisation of economics and the obsessive presence of religious
 references is unduly left out. This paper takes both dimensions seriously
 and explains how the religious emphasis is crucial for a historical and
 theoretical understanding of Gossen's view on maximisation of utility and
 the government of rational and selfish human beings. 
Journal: The European Journal of the History of Economic Thought 
Pages: 353-379 
Issue: 3 
Volume: 18 
Year: 2011 
Keywords: Economic theology, Gossen, homo &#x153;conomicus, maximisation of utility, 
X-DOI: 10.1080/09672567.2011.588000 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2011.588000 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:3:p:353-379




Template-Type: ReDIF-Article 1.0
Author-Name: Nahid Aslanbeigui 
Author-X-Name-First: Nahid 
Author-X-Name-Last: Aslanbeigui 
Author-Name: Guy Oakes 
Author-X-Name-First: Guy 
Author-X-Name-Last: Oakes 
Title: Richard Kahn's fellowship dissertation: The fate of 'The Economics of the Short Period' 
Abstract:
  In 1930, Richard Kahn became a fellow of King's College, Cambridge, on
 the basis of his book-length dissertation 'The Economics of the Short
 Period.' It was finally published in the 1980s. Why did he not publish his
 thesis in the 1930s, when it would have made a substantial impact? We
 present two arguments. In 1932/33, Joan Robinson published many of Kahn's
 main ideas, rendering subsequent publication by him derivative. And by the
 mid-1930s, Kahn discovered that parts of his dissertation left untouched
 by Robinson were no longer new or distinctive because of rapid progress in
 research on imperfect and monopolistic competition. 
Journal: The European Journal of the History of Economic Thought 
Pages: 381-405 
Issue: 3 
Volume: 18 
Year: 2011 
Keywords: Richard Kahn, Joan Robinson, Economics of the Short Period, Imperfect competition, 
X-DOI: 10.1080/09672560903552629 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903552629 
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:3:p:381-405




Template-Type: ReDIF-Article 1.0
Author-Name: John Maloney 
Author-X-Name-First: John 
Author-X-Name-Last: Maloney 
Title: Straightening the Phillips curve, 1968-1976 
Abstract:
  This paper looks at the change in the British Treasury's macroeconomic
 thinking between Friedman's statement of the natural rate doctrine in 1968
 and Prime Minister Callaghan's public abandonment of Keynesian demand
 management in 1976. Simultaneously rising unemployment and inflation made
 the Treasury sceptical about the old Phillips curve from the start, but,
 far from moving smoothly to the expectations-augmented version, it
 hesitated between assuming the curve had shifted outwards, abandoning any
 idea of a Phillips curve, and adhering to a 'New Cambridge' curve where
 unemployment made inflation worse. Eventually a tense Treasury meeting
 abandoned money illusion by majority vote. 
Journal: The European Journal of the History of Economic Thought 
Pages: 407-440 
Issue: 3 
Volume: 18 
Year: 2011 
Keywords: Phillips, inflation, unemployment, Friedman, Treasury, 
X-DOI: 10.1080/09672560903326107 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903326107 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:3:p:407-440




Template-Type: ReDIF-Article 1.0
Author-Name: Stavros Drakopoulos 
Author-X-Name-First: Stavros 
Author-X-Name-Last: Drakopoulos 
Title: The neglect of comparison income: An historical perspective 
Abstract:
  Theories of social comparison have a long presence in the social sciences
 and have provided many useful insights. In economics, the idea of
 comparison, aspiration or relative income belongs to this theoretical
 framework. The first systematic usages of this notion can be found in the
 works of Keynes and Duesenberry. After these works the concept was
 relatively ignored by orthodox theorists until its recent re-appearance,
 mainly in the fields of labour and macroeconomics. To the contrary,
 however, income comparisons continued to play a role in much of Keynesian
 inspired and non-mainstream economics literature. In the past few years it
 has made a strong comeback in the literature of job satisfaction and of
 the economics of happiness. This paper attempts to trace the development
 of the concept in the modern history of economic thought. It also
 discusses the main theoretical implications of adopting income comparisons
 and possible reasons for its relative disregard by orthodox economics. 
Journal: The European Journal of the History of Economic Thought 
Pages: 441-464 
Issue: 3 
Volume: 18 
Year: 2011 
Keywords: Relative income, history of economic thought, wages, 
X-DOI: 10.1080/09672560903552579 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672560903552579 
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:3:p:441-464




Template-Type: ReDIF-Article 1.0
Author-Name: Krzysztof Bandasz 
Author-X-Name-First: Krzysztof 
Author-X-Name-Last: Bandasz 
Title: The Neoliberal Revolution in Eastern Europe. Economic Ideas in the Transition from Communism 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 465-468 
Issue: 3 
Volume: 18 
Year: 2011 
X-DOI: 10.1080/09672567.2011.588001 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2011.588001 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:3:p:465-468




Template-Type: ReDIF-Article 1.0
Author-Name: Monika Streissler 
Author-X-Name-First: Monika 
Author-X-Name-Last: Streissler 
Title: Adam Smith and the Character of Virtue Adam Smith and the Economy of the Passions 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 468-471 
Issue: 3 
Volume: 18 
Year: 2011 
X-DOI: 10.1080/09672567.2011.588002 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2011.588002 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:3:p:468-471




Template-Type: ReDIF-Article 1.0
Author-Name: Ulrich Krause 
Author-X-Name-First: Ulrich 
Author-X-Name-Last: Krause 
Title: Complex Economics. Individual and Collective Rationality 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 471-475 
Issue: 3 
Volume: 18 
Year: 2011 
X-DOI: 10.1080/09672567.2011.588003 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2011.588003 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:3:p:471-475




Template-Type: ReDIF-Article 1.0
Author-Name: Fabio Petri 
Author-X-Name-First: Fabio 
Author-X-Name-Last: Petri 
Title: The Marginal Productivity Theory of Distribution: A Critical History 
Abstract:
Journal: The European Journal of the History of Economic Thought 
Pages: 476-479 
Issue: 3 
Volume: 18 
Year: 2011 
X-DOI: 10.1080/09672567.2011.588004 
File-URL: http://www.tandfonline.com/doi/abs/10.1080/09672567.2011.588004 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:3:p:476-479




Template-Type: ReDIF-Article 1.0
Author-Name: Seiichiro Ito 
Author-X-Name-First: Seiichiro 
Author-X-Name-Last: Ito 
Title: The making of institutional credit in England, 1600 to 1688 
Abstract:
  <title>Abstract</title> In seventeenth-century England, most proposals
 for new banking institutions focused on addressing contemporary obstacles
 to creating confidence in the proposed institutions. In proposals for
 banks of charity in the first half of the century, bank proposers were
 concerned primarily with usurious pawnbrokers, and with ameliorating the
 problems they caused. In proposals for Lombard banks that appeared in the
 1650s, proposers employed terms such as &#x2018;pawn&#x2019;,
 &#x2018;fund&#x2019;, and &#x2018;security&#x2019; rhetorically in
 emphasizing the security of the envisioned institutions. The struggle for
 confidence over the course of the century shows that institutional credit
 neither emerged fully formed nor swept disorder away. 
Journal: The European Journal of the History of Economic Thought 
Pages: 487-519 
Issue: 4 
Volume: 18 
Year: 2011 
Month: 10 
X-DOI: 10.1080/09672560903552595 
File-URL: http://hdl.handle.net/10.1080/09672560903552595 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:4:p:487-519




Template-Type: ReDIF-Article 1.0
Author-Name: Pier   Luigi Porta 
Author-X-Name-First: Pier   Luigi 
Author-X-Name-Last: Porta 
Title: Lombard Enlightenment and Classical Political Economy 
Abstract:
  <title>Abstract</title> This paper discusses the formative steps of
 &#x2018;Classical&#x2019; Political Economy under the joint influence of
 the Italian and Scottish Enlightenment. Pietro Verri is a leading figure
 of the Italian Enlightenment and he belongs to the Lombard branch of the
 Italian School of Political Economy (sometimes named &#x2018;School of
 Milan&#x2019;) during the latter half of the eighteenth century.
 Schumpeter's treatment of the &#x2018;School of Milan&#x2019; describes
 Pietro Verri as &#x2018;the most important pre-Smithian authority on
 Cheapness-and-Plenty&#x2019;. A careful canvass of the texts substantiates
 Schumpeter's suggestion. Verri stands out as a key figure in the
 transition from Physiocracy to the Smithian system. 
Journal: The European Journal of the History of Economic Thought 
Pages: 521-550 
Issue: 4 
Volume: 18 
Year: 2011 
Month: 10 
X-DOI: 10.1080/09672567.2010.487285 
File-URL: http://hdl.handle.net/10.1080/09672567.2010.487285 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:4:p:521-550




Template-Type: ReDIF-Article 1.0
Author-Name: Rainer Klump 
Author-X-Name-First: Rainer 
Author-X-Name-Last: Klump 
Author-Name: Manuel W&#xF6;rsd&#xF6;rfer 
Author-X-Name-First: Manuel 
Author-X-Name-Last: W&#xF6;rsd&#xF6;rfer 
Title: On the affiliation of phenomenology and ordoliberalism: Links between Edmund Husserl, Rudolf and Walter Eucken 
Abstract:
  <title>Abstract</title> This paper explores the various personal and
 intellectual links between Edmund Husserl, Rudolf and Walter Eucken. Our
 interdisciplinary approach gives an insight into Husserl's transcendental
 phenomenology, Walter Eucken's Ordoliberalism as well as in the
 interdependency between phenomenology and economics for which Rudolf
 Eucken's philosophy of intellectual life plays an important role.
 Particular affiliations between phenomenology and economics can be found
 in the following topics: epistemology, the idea of man, the comprehension
 of liberty and the importance of legal or social orders, institutional
 rules and frameworks of regulations. 
Journal: The European Journal of the History of Economic Thought 
Pages: 551-578 
Issue: 4 
Volume: 18 
Year: 2011 
Month: 10 
X-DOI: 10.1080/09672567.2010.487286 
File-URL: http://hdl.handle.net/10.1080/09672567.2010.487286 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:4:p:551-578




Template-Type: ReDIF-Article 1.0
Author-Name: Hansjoerg Klausinger 
Author-X-Name-First: Hansjoerg 
Author-X-Name-Last: Klausinger 
Title: Hayek's <italic>Geldtheoretische Untersuchungen</italic>: New insights from a 1925--29 typescript 
Abstract:
  <title>Abstract</title> The paper discusses the significance of
 a&#xA0;--&#xA0;hitherto neglected&#xA0;--&#xA0;typescript (1925--29) of an
 abandoned book project, <italic>Geldtheoretische Untersuchungen</italic>,
 by Friedrich A. Hayek. It examines the origins of this book project and
 the circumstances responsible for its premature termination. There follows
 a broad overview of the framework for the analysis of money, time and the
 cycle that Hayek developed in the <italic>Untersuchungen</italic> and,
 finally, some specific aspects are highlighted that appear noteworthy in
 light of conventional interpretations of Hayek's thought. The most
 remarkable insights to be gained are on Hayek's sustained focus on
 adjustment processes and the obstacles&#xA0;--&#xA0;money and the time
 structure of production&#xA0;--&#xA0;that he perceived for an economy to
 attain the equilibrium as analysed by &#x2018;static theory&#x2019;. 
Journal: The European Journal of the History of Economic Thought 
Pages: 579-600 
Issue: 4 
Volume: 18 
Year: 2011 
Month: 10 
X-DOI: 10.1080/09672567.2010.540338 
File-URL: http://hdl.handle.net/10.1080/09672567.2010.540338 
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:4:p:579-600




Template-Type: ReDIF-Article 1.0
Author-Name: Antonio Guccione 
Author-X-Name-First: Antonio 
Author-X-Name-Last: Guccione 
Title: Will the true Francesco Ferrara please stand up? 
Abstract:
  <title>Abstract</title> This note suggests that Fazio's re-interpretation
 of Ferrara's discussion of distribution as a bilateral monopoly is
 incorrect. A more natural formalization of the work by Ferrara is
 proposed. 
Journal: The European Journal of the History of Economic Thought 
Pages: 601-607 
Issue: 4 
Volume: 18 
Year: 2011 
Month: 10 
X-DOI: 10.1080/09672567.2010.487288 
File-URL: http://hdl.handle.net/10.1080/09672567.2010.487288 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:4:p:601-607




Template-Type: ReDIF-Article 1.0
Author-Name: Stefano Perri 
Author-X-Name-First: Stefano 
Author-X-Name-Last: Perri 
Title: The &#x2018;true&#x2019; Francesco Ferrara on exchange and income distribution 
Abstract:
  <title>Abstract</title> This note proposes a short reconstruction of
 Ferrara's theory of exchange and income distribution as exposed in his
 <italic>La teoria delle mercedi</italic>, with the aim of putting the
 different models developed on the basis of Ferrara's interesting example,
 recently published in the <italic>European Journal of the History of
 Economics</italic>, in the context of Ferrara's own theory. 
Journal: The European Journal of the History of Economic Thought 
Pages: 609-614 
Issue: 4 
Volume: 18 
Year: 2011 
Month: 10 
X-DOI: 10.1080/09672567.2011.565360 
File-URL: http://hdl.handle.net/10.1080/09672567.2011.565360 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:18:y:2011:i:4:p:609-614




Template-Type: ReDIF-Article 1.0
Author-Name: Bradley W. Bateman 
Author-X-Name-First: Bradley W. 
Author-X-Name-Last: Bateman 
Author-Name: Catherine Martin 
Author-X-Name-First: Catherine 
Author-X-Name-Last: Martin 
Title: Gilles Dostaler (1946--2011) 
Journal: The European Journal of the History of Economic Thought 
Pages: 615-616 
Issue: 4 
Volume: 18 
Year: 2011 
Month: 10 
X-DOI: 10.1080/09672567.2011.619772 
File-URL: http://hdl.handle.net/10.1080/09672567.2011.619772 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:4:p:615-616




Template-Type: ReDIF-Article 1.0
Author-Name: Philippe Steiner 
Author-X-Name-First: Philippe 
Author-X-Name-Last: Steiner 
Title: Political Economy and Industrialism. Banks in Saint-Simonian Economic Thought 
Journal: The European Journal of the History of Economic Thought 
Pages: 617-619 
Issue: 4 
Volume: 18 
Year: 2011 
Month: 10 
X-DOI: 10.1080/09672567.2011.607971 
File-URL: http://hdl.handle.net/10.1080/09672567.2011.607971 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:4:p:617-619




Template-Type: ReDIF-Article 1.0
Author-Name: H. Hanappi 
Author-X-Name-First: H. 
Author-X-Name-Last: Hanappi 
Title: From Political Economy to Economics 
Journal: The European Journal of the History of Economic Thought 
Pages: 619-622 
Issue: 4 
Volume: 18 
Year: 2011 
Month: 10 
X-DOI: 10.1080/09672567.2011.607972 
File-URL: http://hdl.handle.net/10.1080/09672567.2011.607972 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:4:p:619-622




Template-Type: ReDIF-Article 1.0
Author-Name: Hansjoerg Klausinger 
Author-X-Name-First: Hansjoerg 
Author-X-Name-Last: Klausinger 
Title: Die Disziplinierung des &#xF6;konomischen Wandels. Soziologische Analysen der Konjunkturforschung in &#xD6;sterreich 
Journal: The European Journal of the History of Economic Thought 
Pages: 622-626 
Issue: 4 
Volume: 18 
Year: 2011 
Month: 10 
X-DOI: 10.1080/09672567.2011.607973 
File-URL: http://hdl.handle.net/10.1080/09672567.2011.607973 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:4:p:622-626




Template-Type: ReDIF-Article 1.0
Author-Name: Peter Rosner 
Author-X-Name-First: Peter 
Author-X-Name-Last: Rosner 
Title: John Kenneth Galbraith 
Journal: The European Journal of the History of Economic Thought 
Pages: 626-627 
Issue: 4 
Volume: 18 
Year: 2011 
Month: 10 
X-DOI: 10.1080/09672567.2011.607974 
File-URL: http://hdl.handle.net/10.1080/09672567.2011.607974 
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:4:p:626-627




Template-Type: ReDIF-Article 1.0
Author-Name: Harro Maas 
Author-X-Name-First: Harro 
Author-X-Name-Last: Maas 
Author-Name: Tiago Mata 
Author-X-Name-First: Tiago 
Author-X-Name-Last: Mata 
Author-Name: John B. Davis 
Author-X-Name-First: John B. 
Author-X-Name-Last: Davis 
Title: Introduction: The history of economics as a history of practice 
Journal: The European Journal of the History of Economic Thought 
Pages: 635-642 
Issue: 5 
Volume: 18 
Year: 2011 
Month: 12 
X-DOI: 10.1080/09672567.2011.632891 
File-URL: http://hdl.handle.net/10.1080/09672567.2011.632891 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:5:p:635-642




Template-Type: ReDIF-Article 1.0
Author-Name: Harald Hagemann 
Author-X-Name-First: Harald 
Author-X-Name-Last: Hagemann 
Title: European &#xe9;migr&#xe9;s and the &#x2018;Americanization&#x2019; of economics 
Abstract:
  <title>Abstract</title> The development of economics since 1945 was
 marked by an increasing internationalization that was simultaneously in
 large part a process of Americanization. This article focuses on the role
 refugee economists from Continental Europe played in the rise of American
 economics. It focuses on the emigration of German-speaking economists
 after 1933; and then deals with the special case of Jacob Marschak who
 emigrated twice, first from the Soviet Union in 1919 and then from Nazi
 Germany, and exerted a greater influence in Britain and in the USA.
 Finally important contributions by &#xe9;migr&#xe9; economists to game theory,
 public finance and development economics are reflected. 
Journal: The European Journal of the History of Economic Thought 
Pages: 643-671 
Issue: 5 
Volume: 18 
Year: 2011 
Month: 12 
X-DOI: 10.1080/09672567.2011.629056 
File-URL: http://hdl.handle.net/10.1080/09672567.2011.629056 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:5:p:643-671




Template-Type: ReDIF-Article 1.0
Author-Name: Pedro   Nuno Teixeira 
Author-X-Name-First: Pedro   Nuno 
Author-X-Name-Last: Teixeira 
Title: A reluctant founding father: Placing Jacob Mincer in the history of (labor) economics 
Abstract:
  <title>Abstract</title> Although Jacob Mincer (1922 to 2006) is usually
 regarded as one of the most important labor economists of the second half
 of the twentieth century, his contributions to economics have been
 scarcely analyzed from an historical point of view. The main purpose of
 this text is to contribute for better understanding of Mincer's work and
 his relevance to the history of twentieth-century labor economics. The
 analysis of Mincer and his contribution to labor economics will also be
 used to highlight the promises and pitfalls of studying applied fields in
 the history of economics. 
Journal: The European Journal of the History of Economic Thought 
Pages: 673-695 
Issue: 5 
Volume: 18 
Year: 2011 
Month: 12 
X-DOI: 10.1080/09672567.2011.629055 
File-URL: http://hdl.handle.net/10.1080/09672567.2011.629055 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:5:p:673-695




Template-Type: ReDIF-Article 1.0
Author-Name: H. Furuya 
Author-X-Name-First: H. 
Author-X-Name-Last: Furuya 
Title: Working the peripheral into the picture: The case of Thomas Hepburn in eighteenth-century Orkney 
Abstract:
  <title>Abstract</title> What does the idea of improvement mean when
 applied to an impoverished peripheral region? This paper introduces a
 little-known Presbyterian clergyman Thomas Hepburn (circa 1727--1777), and
 situates his economic analysis of eighteenth-century Orkney in the context
 of corresponding networks in the Scottish Enlightenment. Hepburn reported
 in his <italic>Letter</italic> (1760) on poor practices in agriculture,
 manufacture, and trading, and cited tyranny and oppression by the local
 lairds as the causes of poverty in Orkney. This paper highlights the
 central role of the local minister in mediating his observations on the
 condition of his parishioners to an administrative and learned audience. 
Journal: The European Journal of the History of Economic Thought 
Pages: 697-714 
Issue: 5 
Volume: 18 
Year: 2011 
Month: 12 
X-DOI: 10.1080/09672567.2011.616594 
File-URL: http://hdl.handle.net/10.1080/09672567.2011.616594 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:18:y:2011:i:5:p:697-714




Template-Type: ReDIF-Article 1.0
Author-Name: Katia Caldari 
Author-X-Name-First: Katia 
Author-X-Name-Last: Caldari 
Author-Name: Fabio Masini 
Author-X-Name-First: Fabio 
Author-X-Name-Last: Masini 
Title: Pigouvian versus Marshallian tax: market failure, public intervention and the problem of externalities 
Abstract:
  <title>Abstract</title> In <italic>The Economics of Welfare</italic>,
 Pigou develops the idea of what will be widely known as &#x2018;Pigouvian
 tax&#x2019;. Together with the concept of externality, they constituted
 two of the most important founding elements of modern welfare economics.
 Many have suggested that, on the way he treated externalities, Pigou might
 have drawn from his master, Alfred Marshall (see the proposal for a
 &#x2018;fresh air rate&#x2019;). The aim of this paper is to inquire into
 the features of the original proposals made both by Marshall and Pigou,
 underline the differences between the two and challenge the hypothesis of
 &#x2018;continuity&#x2019;. 
Journal: The European Journal of the History of Economic Thought 
Pages: 715-732 
Issue: 5 
Volume: 18 
Year: 2011 
Month: 12 
X-DOI: 10.1080/09672567.2011.629300 
File-URL: http://hdl.handle.net/10.1080/09672567.2011.629300 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:5:p:715-732




Template-Type: ReDIF-Article 1.0
Author-Name: Mario Pomini 
Author-X-Name-First: Mario 
Author-X-Name-Last: Pomini 
Title: The Great Depression and the <italic>corporatist shift</italic> of Italian economists 
Abstract:
  <title>Abstract</title> The profound crisis which occurred in economic
 theory in the period between the two wars forced the neoclassical
 economists to look in different directions. One of them was the corporate
 economic theory&#xA0;--&#xA0;understood as a theory which asserted the
 fundamental role of the state in economic affairs. The protagonists of
 this attempt to integrate in Italy corporatism into economic science were
 L. Amoroso, G. La Volpe, E. Fossati, G. Del Vecchio, M. Fanno, G. Papi,
 and G. Masci, and therefore leading economists of the Italian school who
 adhered to both the Marshallian and Paretian traditions. The discussion in
 Italy was concerned more with economic policy problems than rigorous
 theoretical analysis. What interested the Italian economists was not the
 development of new theories, but the introduction of new economic
 institutions able to give concrete responses to the dramatic economic
 problems of the time. The principal result of economic reflection on
 corporatism was recognition of the state's central economic role also
 within a free-market economic system. 
Journal: The European Journal of the History of Economic Thought 
Pages: 733-753 
Issue: 5 
Volume: 18 
Year: 2011 
Month: 12 
X-DOI: 10.1080/09672567.2011.616595 
File-URL: http://hdl.handle.net/10.1080/09672567.2011.616595 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:5:p:733-753




Template-Type: ReDIF-Article 1.0
Author-Name: Kyu   Sang Lee 
Author-X-Name-First: Kyu   Sang 
Author-X-Name-Last: Lee 
Title: Three ways of linking laboratory endeavours to the realm of policies 
Abstract:
  <title>Abstract</title> This paper elucidates experimental economists'
 recent attempts to link their laboratory endeavours to the realm of
 policies. To be concrete, by concentrating on some of the well-known
 policy-related works conducted by three thriving research programs in
 experimental economics, this paper demonstrates what kinds of perspectives
 contemporary experimental economists take towards a foundational issue in
 economics, rationality. The disunity this paper finds in experimental
 economists' practices is interpreted as a source of strength, rather than
 weakness, for experimental economics as a whole. 
Journal: The European Journal of the History of Economic Thought 
Pages: 755-776 
Issue: 5 
Volume: 18 
Year: 2011 
Month: 12 
X-DOI: 10.1080/09672567.2011.616593 
File-URL: http://hdl.handle.net/10.1080/09672567.2011.616593 
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:5:p:755-776




Template-Type: ReDIF-Article 1.0
Author-Name: Nicola Giocoli 
Author-X-Name-First: Nicola 
Author-X-Name-Last: Giocoli 
Title: When low is no good: Predatory pricing and U.S. antitrust law (1950--1980) 
Abstract:
  <title>Abstract</title> The paper deals with the history of the antitrust
 offence of predatory pricing in U.S. antitrust law. Despite being
 considered so serious a violation to deserve a <italic>per se</italic>
 condemnation, predatory behaviour has never been easy to identify in real
 markets because pricing at a very low level is normally welfare-enhancing.
 For most of the twentieth century, the violation has been severely
 enforced by U.S. courts, though on the basis of a legal argument devoid of
 solid foundations in theoretical economics. The paper examines the
 critiques against this argument made by Chicago scholars, the literature
 stemming from these critiques, and the motivations behind the U-turn in
 enforcement triggered by the influential contribution by Areeda and Turner
 (1975). This story may tell a useful lesson about the different practices
 of economists, legal scholars, and judges with respect to the treatment of
 antitrust violations. 
Journal: The European Journal of the History of Economic Thought 
Pages: 777-806 
Issue: 5 
Volume: 18 
Year: 2011 
Month: 12 
X-DOI: 10.1080/09672567.2011.616596 
File-URL: http://hdl.handle.net/10.1080/09672567.2011.616596 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:18:y:2011:i:5:p:777-806




Template-Type: ReDIF-Article 1.0
Author-Name: Simon J. Cook 
Author-X-Name-First: Simon J. 
Author-X-Name-Last: Cook 
Title: On Marshall's idealism 
Abstract:
  <title>Abstract</title> Reply to Tiziano Raffaelli's note on my book,
 <italic>The Intellectual Foundations of Alfred Marshall's Economic
 Science. A Rounded Globe of Knowledge</italic> (Cook 2009). 
Journal: The European Journal of the History of Economic Thought 
Pages: 109-114 
Issue: 1 
Volume: 19 
Year: 2012 
Month: 5 
X-DOI: 10.1080/09672567.2011.592850 
File-URL: http://hdl.handle.net/10.1080/09672567.2011.592850 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:19:y:2012:i:1:p:109-114




Template-Type: ReDIF-Article 1.0
Author-Name: John B. Davis 
Author-X-Name-First: John B. 
Author-X-Name-Last: Davis 
Title: Warren J. Samuels (1933--2011) 
Journal: The European Journal of the History of Economic Thought 
Pages: 115-124 
Issue: 1 
Volume: 19 
Year: 2012 
Month: 2 
X-DOI: 10.1080/09672567.2012.652409 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.652409 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:19:y:2012:i:1:p:115-124




Template-Type: ReDIF-Article 1.0
Author-Name: Lisa Hill 
Author-X-Name-First: Lisa 
Author-X-Name-Last: Hill 
Title: Adam Smith on <italic>thumos</italic> and irrational economic &#x2018;man&#x2019; 
Abstract:
  <title>Abstract</title> The classical origins of Adam Smith's use of the
 concept of <italic>thumos</italic> within his social and economic
 psychology has escaped notice by scholars of his thought. This paper
 explores the antique provenance and character of <italic>thumos</italic>
 in Smith, establishes its dominant role within his social and economic
 system, and examines how it informed his attitudes to luxury, consumption
 and wages. The paper also seeks to resolve confusion created by Smith's
 apparent ambivalence about the irrationality and moral effects of
 <italic>thumos</italic> by recourse to his theodicy. In doing so, it shows
 that <italic>thumos</italic>-driven agents (unwittingly) sacrifice own
 utility to system utility. 
Journal: The European Journal of the History of Economic Thought 
Pages: 1-22 
Issue: 1 
Volume: 19 
Year: 2012 
Month: 1 
X-DOI: 10.1080/09672561003632550 
File-URL: http://hdl.handle.net/10.1080/09672561003632550 
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Handle: RePEc:taf:eujhet:v:19:y:2012:i:1:p:1-22




Template-Type: ReDIF-Article 1.0
Author-Name: Carsten Kasprzok 
Author-X-Name-First: Carsten 
Author-X-Name-Last: Kasprzok 
Title: Studien zur Entwicklung der &#xF6;konomischen Theorie 
Journal: The European Journal of the History of Economic Thought 
Pages: 125-128 
Issue: 1 
Volume: 19 
Year: 2012 
Month: 2 
X-DOI: 10.1080/09672567.2012.652410 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.652410 
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Handle: RePEc:taf:eujhet:v:19:y:2012:i:1:p:125-128




Template-Type: ReDIF-Article 1.0
Author-Name: Andreas Rainer 
Author-X-Name-First: Andreas 
Author-X-Name-Last: Rainer 
Title: Political Economy after Economics. Scientific Method and Radical Imagination 
Journal: The European Journal of the History of Economic Thought 
Pages: 129-131 
Issue: 1 
Volume: 19 
Year: 2012
Month: 2 
X-DOI: 10.1080/09672567.2012.652411 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.652411 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:19:y:2012:i:1:p:129-131




Template-Type: ReDIF-Article 1.0
Author-Name: Manfred J. Holler 
Author-X-Name-First: Manfred J. 
Author-X-Name-Last: Holler 
Title: Von Neumann, Morgenstern, and the Creation of Game Theory: From Chess to Social Science, 1900--1960 
Journal: The European Journal of the History of Economic Thought 
Pages: 131-135 
Issue: 1 
Volume: 19 
Year: 2012 
Month: 2 
X-DOI: 10.1080/09672567.2012.652412 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.652412 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:19:y:2012:i:1:p:131-135




Template-Type: ReDIF-Article 1.0
Author-Name: Tony Aspromourgos 
Author-X-Name-First: Tony 
Author-X-Name-Last: Aspromourgos 
Title: Aristotle, Adam Smith and Karl Marx: On Some Fundamental Issues in 21st Century Political Economy 
Journal: The European Journal of the History of Economic Thought 
Pages: 135-140 
Issue: 1 
Volume: 19 
Year: 2012 
Month: 2 
X-DOI: 10.1080/09672567.2012.652414 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.652414 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:19:y:2012:i:1:p:135-140




Template-Type: ReDIF-Article 1.0
Author-Name: Tony Aspromourgos 
Author-X-Name-First: Tony 
Author-X-Name-Last: Aspromourgos 
Title: Competing Schools of Economic Thought 
Journal: The European Journal of the History of Economic Thought 
Pages: 140-144 
Issue: 1 
Volume: 19 
Year: 2012 
Month: 2 
X-DOI: 10.1080/09672567.2012.652416 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.652416 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:19:y:2012:i:1:p:140-144




Template-Type: ReDIF-Article 1.0
Author-Name: Dalibor Roh&#xE1;&#x10D; 
Author-X-Name-First: Dalibor 
Author-X-Name-Last: Roh&#xE1;&#x10D; 
Title: Knight, Habermas and Rawls on freedom, personhood and constitutional choice 
Abstract:
  <title>Abstract</title> We evaluate Habermas' theory of discursive ethics
 in the context of normative political economy. His work can be viewed as
 an extension of Frank Knight's call for a liberal order, which would not
 be purely instrumental to maximization of an aggregate measure of welfare
 but which would take into account individuals as moral persons. We proceed
 by identifying parallels between Habermasian discursive ethics and
 contractarian theories. We attempt to identify the origin of normative
 statements. We are interested in how these authors proceed in terms of
 respect of personhood. We investigate the role and agreement in these
 ethical systems. 
Journal: The European Journal of the History of Economic Thought 
Pages: 23-43 
Issue: 1 
Volume: 19 
Year: 2012 
Month: 11 
X-DOI: 10.1080/09672560903552611 
File-URL: http://hdl.handle.net/10.1080/09672560903552611 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:19:y:2012:i:1:p:23-43




Template-Type: ReDIF-Article 1.0
Author-Name: Antonio Garc&#xed;a-Lizana 
Author-X-Name-First: Antonio 
Author-X-Name-Last: Garc&#xed;a-Lizana 
Author-Name: Salvador P&#xe9;rez-Moreno 
Author-X-Name-First: Salvador 
Author-X-Name-Last: P&#xe9;rez-Moreno 
Title: Consumption and income distribution: a proposal for a new reading of Keynes' thinking 
Abstract:
  <title>Abstract</title> This paper critically reviews the evolution of
 the theoretical framework and related empirical evidence following Keynes'
 theory of aggregate consumption spending, focusing on the importance of
 the impact of income distribution on consumption. We propose a new reading
 of Keynes' theories in order to assess how they can improve our knowledge
 regarding economic performance and overcome some current limitations and
 inconsistencies in the literature. In this line, we consider Keynes'
 original, overall theory, which is more general and comprehensive than
 other later contributions, together with its main psychological and
 sociological elements. 
Journal: The European Journal of the History of Economic Thought 
Pages: 45-65 
Issue: 1 
Volume: 19 
Year: 2012 
Month: 12 
X-DOI: 10.1080/09672560903552603 
File-URL: http://hdl.handle.net/10.1080/09672560903552603 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:19:y:2012:i:1:p:45-65




Template-Type: ReDIF-Article 1.0
Author-Name: Jan-Otmar Hesse 
Author-X-Name-First: Jan-Otmar 
Author-X-Name-Last: Hesse 
Title: The &#x2018;Americanisation&#x2019; of West German economics after the Second World War: Success, failure, or something completely different? 
Abstract:
  <title>Abstract</title> The paper examines the intellectual and
 structural change that German economics experienced after the Second World
 War. This development often was described as
 &#x2018;Americanisation&#x2019;, since it seemed to rest upon the
 influences of the American occupation regime. In contrast, the paper
 applies another meaning of &#x2018;Americanisation&#x2019;. It is
 considered a &#x2018;discourse&#x2019; that serves to structure the
 disciplinary procedures to produce progress. As it can be shown by the
 adoption of Keynesianism and neoclassical microeconomics, the change of
 the discipline was not primarily driven by direct American influences.
 Rather, in some respect the German reception took a path of its own. That
 contradiction can be solved by a theoretical modification of the classical
 concept of &#x2018;Americanisation&#x2019;.
 &#x2018;Americanisation&#x2019; there meant a change of the operational
 procedure of German economics to generate progress. 
Journal: The European Journal of the History of Economic Thought 
Pages: 67-98 
Issue: 1 
Volume: 19 
Year: 2012 
Month: 4 
X-DOI: 10.1080/09672567.2010.487283 
File-URL: http://hdl.handle.net/10.1080/09672567.2010.487283 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:19:y:2012:i:1:p:67-98




Template-Type: ReDIF-Article 1.0
Author-Name: Tiziano Raffaelli 
Author-X-Name-First: Tiziano 
Author-X-Name-Last: Raffaelli 
Title: On Marshall's presumed idealism: A note on <italic>The Intellectual Foundations of Alfred Marshall's Economic Science. A Rounded Globe of Knowledge</italic> by Simon Cook 
Abstract:
  <title>Abstract</title> In his book, Cook maintains that throughout his
 life Marshall was a convinced idealist, under the early influence of
 Ferrier, later strengthened by his reading of Hegel. This article aims to
 show that Marshall's interest in Hegelian philosophy is associated owith
 his endorsement of Spencer's evolutionism, rather than with Ferrier's
 dualistic philosophy. This opinion stems from, and leads to, a completely
 different interpretation of Marshall's early philosophical papers and
 their impact on his economics and social thought. 
Journal: The European Journal of the History of Economic Thought 
Pages: 99-108 
Issue: 1 
Volume: 19 
Year: 2012 
Month: 3 
X-DOI: 10.1080/09672567.2011.571269 
File-URL: http://hdl.handle.net/10.1080/09672567.2011.571269 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:19:y:2012:i:1:p:99-108




Template-Type: ReDIF-Article 1.0
Author-Name: Maria   Pia Paganelli 
Author-X-Name-First: Maria   Pia 
Author-X-Name-Last: Paganelli 
Title: Economies in transition and in development: A possible warning from Adam Smith 
Abstract:
  <title>Abstract</title> If Adam Smith were asked about transitioning and
 developing economies today, one may infer, he might suggest introducing
 small, yet constant, opportunities for wealth accumulation, avoiding the
 sudden accumulation of riches. Good institutions and the moral rules often
 needed to comply with them are more likely to be disregarded if there are
 large, sudden material gains, such as new wealth generated by the sudden
 opening of markets or government granting monopolies. For Smith, the
 desire to show off in front of others can inhibit moral behaviour and
 respect for good institutions, generating perverse incentives that hinder
 growth. Gradual change is to be preferred. 
Journal: The European Journal of the History of Economic Thought 
Pages: 149-163 
Issue: 2 
Volume: 19 
Year: 2012 
Month: 4 
X-DOI: 10.1080/09672567.2010.499470 
File-URL: http://hdl.handle.net/10.1080/09672567.2010.499470 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:19:y:2012:i:2:p:149-163




Template-Type: ReDIF-Article 1.0
Author-Name: Simon Hupfel 
Author-X-Name-First: Simon 
Author-X-Name-Last: Hupfel 
Title: The Spitalfields Acts and the classics: Ricardo, J.S. Mill, Bowring, and Senior on the London silk industry (1823 to 1841) 
Abstract:
  <title>Abstract</title> Passed in 1773, the Spitalfields Acts were the
 main regulation of the London silk industry. Classical political economy
 has generally been depicted as one of the main causes of their repeal,
 occuring in 1824. Recasting the successive interventions of Ricardo, Mill,
 Bowring and Senior in their respective political context, we show how they
 exhibit a shift in the discussions, from commercial to industrial issues.
 After Ricardo and Mill stressed the need to free the trade, Bowring
 pointed out the superior quality of French products. Senior relied on his
 work to emphasise the question of copyrights, which dominated his 1841
 accounts. 
Journal: The European Journal of the History of Economic Thought 
Pages: 165-195 
Issue: 2 
Volume: 19 
Year: 2012 
Month: 3 
X-DOI: 10.1080/09672567.2010.487287 
File-URL: http://hdl.handle.net/10.1080/09672567.2010.487287 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:19:y:2012:i:2:p:165-195




Template-Type: ReDIF-Article 1.0
Author-Name: Ant&#xF3;nio Almodovar 
Author-X-Name-First: Ant&#xF3;nio 
Author-X-Name-Last: Almodovar 
Author-Name: Pedro Teixeira 
Author-X-Name-First: Pedro 
Author-X-Name-Last: Teixeira 
Title: &#x2018;Catholic in its faith, Catholic in its manner of conceiving science&#x2019;: French Catholic political economy in the 1830s 
Abstract:
  <title>Abstract</title> This paper addresses a group of Catholic
 political economists in France in the 1830s, which was described by the
 <italic>Dublin Review</italic> as &#x2018;Catholic in its faith, and
 Catholic in its manner of conceiving science&#x2019;. A first section
 clarifies how contemporaries perceived this group. This is followed by an
 analysis of Villeneuve-Bargemont's <italic>Economie politique
 Chr&#xe9;tienne</italic> in order to outline a standard Catholic approach to
 political economy. Finally, that standard is used to chart the work of
 other Catholic economists within that group and to contrast it with the
 approach followed by other contemporary social political economists. 
Journal: The European Journal of the History of Economic Thought 
Pages: 197-225 
Issue: 2 
Volume: 19 
Year: 2012 
Month: 4 
X-DOI: 10.1080/09672567.2012.666382 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.666382 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:19:y:2012:i:2:p:197-225




Template-Type: ReDIF-Article 1.0
Author-Name: Kenichi Yamamoto 
Author-X-Name-First: Kenichi 
Author-X-Name-Last: Yamamoto 
Author-Name: Susumu Egashira 
Author-X-Name-First: Susumu 
Author-X-Name-Last: Egashira 
Title: Marshall's organic growth theory 
Abstract:
  <title>Abstract</title> This paper critically assesses Marshall's organic
 growth theory. Although Marshall insisted that economic biology is
 &#x2018;the economist's Mecca,&#x2019; he did not originally develop the
 organic growth theory. However, we focus on the concept of &#x2018;organic
 growth&#x2019; and explore Marshall's idea of economic biology. We discuss
 the concept of &#x2018;organic,&#x2019; the structure of the organic
 growth theory, and the relationship between mechanical economics and
 economic biology. In particular, we focus on the last chapter of the fifth
 edition of <italic>Principles of Economics</italic>. Marshall did not
 develop his theory in these subjects. 
Journal: The European Journal of the History of Economic Thought 
Pages: 227-248 
Issue: 2 
Volume: 19 
Year: 2012 
Month: 3 
X-DOI: 10.1080/09672567.2010.487284 
File-URL: http://hdl.handle.net/10.1080/09672567.2010.487284 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:19:y:2012:i:2:p:227-248




Template-Type: ReDIF-Article 1.0
Author-Name: Fabio Masini 
Author-X-Name-First: Fabio 
Author-X-Name-Last: Masini 
Title: The reception of Lionel Robbins in Italy 
Abstract:
  <title>Abstract</title> The economic literature is giving new attention
 to Lionel Robbins' main contributions to economic theory, confined for
 several decades to the <italic>Essay</italic>, systematically
 misunderstood as the manifesto of the epistemology of neoclassical
 economics, where its underlying ontology characterized by rational
 maximizing agents, social atomism and a positivistic approach to economics
 is systematized and laid down. This paper aims at verifying
 &#x2018;which&#x2019; Robbins was received in Italy in the 1930s and 1940s
 and what was the attitude of Italian economists, from the manifold
 approaches that characterized the debate in Italy in that period, towards
 him. 
Journal: The European Journal of the History of Economic Thought 
Pages: 249-286 
Issue: 2 
Volume: 19 
Year: 2012 
Month: 4 
X-DOI: 10.1080/09672567.2010.487289 
File-URL: http://hdl.handle.net/10.1080/09672567.2010.487289 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:19:y:2012:i:2:p:249-286




Template-Type: ReDIF-Article 1.0
Author-Name: Paul Oslington 
Author-X-Name-First: Paul 
Author-X-Name-Last: Oslington 
Title: Jacob Viner on Adam Smith: Development and reception of a theological reading 
Abstract:
  <title>Abstract</title> Jacob Viner was one of the most important
 interpreters of Adam Smith's work, particularly for his emphasis in a
 classic 1927 article on Smith's theological framework, his discussion of
 the relationship between the <italic>Theory of Moral Sentiments</italic>
 and the <italic>Wealth of Nations</italic> and dismantling of a popular
 view of Smith as a doctrinaire advocate of laissez-faire. What is less
 well known is that Viner's theological reading of Smith developed over the
 next 40 years through intense study of eighteenth century natural
 theology, and some of his views changed. This article traces the
 development of Viner's interpretation of Smith. It assesses the suggestion
 of D.D. Raphael that Smith moved away from a theological framework over
 time and that Viner repudiated his theological reading of Smith. I argue
 instead that Viner's mature work broadened and strengthened the
 theological reading. Much of the literature on Smith and Viner wrongly
 assumes that naturalistic explanation and theological frameworks are
 mutually exclusive. This may be the dominant twentieth century view, but
 it was not so in the eighteenth century, as Viner well understood. 
Journal: The European Journal of the History of Economic Thought 
Pages: 287-301 
Issue: 2 
Volume: 19 
Year: 2012 
Month: 5 
X-DOI: 10.1080/09672567.2010.499471 
File-URL: http://hdl.handle.net/10.1080/09672567.2010.499471 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:19:y:2012:i:2:p:287-301




Template-Type: ReDIF-Article 1.0
Author-Name: Heinz D. Kurz 
Author-X-Name-First: Heinz D. 
Author-X-Name-Last: Kurz 
Title: Pierangelo Garegnani (1930--2011) 
Journal: The European Journal of the History of Economic Thought 
Pages: 303-311 
Issue: 2 
Volume: 19 
Year: 2012 
Month: 4 
X-DOI: 10.1080/09672567.2012.666384 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.666384 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:19:y:2012:i:2:p:303-311




Template-Type: ReDIF-Article 1.0
Author-Name: Hansjoerg Klausinger 
Author-X-Name-First: Hansjoerg 
Author-X-Name-Last: Klausinger 
Title: Austrian and German Economic Thought. From subjectivism to social evolution 
Journal: The European Journal of the History of Economic Thought 
Pages: 313-315 
Issue: 2 
Volume: 19 
Year: 2012 
Month: 4 
X-DOI: 10.1080/09672567.2012.666385 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.666385 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:19:y:2012:i:2:p:313-315




Template-Type: ReDIF-Article 1.0
Author-Name: Alain B&#xe9;raud 
Author-X-Name-First: Alain 
Author-X-Name-Last: B&#xe9;raud 
Title: The Impact of Alfred Marshall's Ideas. The Global Diffusion of His Work 
Journal: The European Journal of the History of Economic Thought 
Pages: 315-320 
Issue: 2 
Volume: 19 
Year: 2012 
Month: 4 
X-DOI: 10.1080/09672567.2012.667618 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.667618 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:19:y:2012:i:2:p:315-320




Template-Type: ReDIF-Article 1.0
Author-Name: Gilbert Faccarello 
Author-X-Name-First: Gilbert 
Author-X-Name-Last: Faccarello 
Author-Name: Philippe Steiner 
Author-X-Name-First: Philippe 
Author-X-Name-Last: Steiner 
Title: &#x2018;Philosophie &#xe9;conomique&#x2019; and money in France, 1750--1776: the stakes of a transformation 
Abstract:
  <title>Abstract</title> The developments of political economy in France
 between 1750 and 1776 did not allocate a central place to the discussion
 of the nature and functions of money. The object of this paper is to
 account for this fact and what it denotes: the disappearance of money as a
 central object in the discourse on economy and society. We outline the
 context of this mutation in relation to the ideas of Montesquieu, Gournay
 and Forbonnais. The actors of this change will then be considered: the
 promoters throughout these years of &#x2018;philosophie &#xe9;conomique&#x2019;
 i.e. Quesnay, the Physiocrats and Turgot. An analysis of these authors,
 together with a founder of this perspective, Boisguilbert, will show how
 the status and role of money was modified and illuminate the issues
 involved. This transformation can be related to the affirmation of a new
 political discourse whose foundations are rooted in economic interest. 
Journal: The European Journal of the History of Economic Thought 
Pages: 325-353 
Issue: 3 
Volume: 19 
Year: 2012 
Month: 6 
X-DOI: 10.1080/09672567.2012.683020 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.683020 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:19:y:2012:i:3:p:325-353




Template-Type: ReDIF-Article 1.0
Author-Name: Marc-Arthur Diaye 
Author-X-Name-First: Marc-Arthur 
Author-X-Name-Last: Diaye 
Author-Name: Andr&#xe9; Lapidus 
Author-X-Name-First: Andr&#xe9; 
Author-X-Name-Last: Lapidus 
Title: Pleasure and belief in Hume's Decision Process 
Abstract:
  <title>Abstract</title> The purpose of this paper is to introduce
 explicitly pleasure and belief in what aims at being a Humean theory of
 decision, like the one developed in Diaye and Lapidus (2005a). Although we
 support the idea that Hume was in some way a
 hedonist&#xA0;--&#xA0;evidently different from Bentham's or Jevons'
 way&#xA0;--&#xA0;we lay emphasis less on continuity than on the specific
 kind of hedonism encountered in Hume's writings (chiefly the Treatise, the
 second Enquiry, the Dissertation, or some of his Essays). Such hedonism
 clearly contrasts to its standard modern inheritance, expressed by the
 relation between preferences and utility. The reason for such a difference
 with the usual approach lies in the mental process that Hume puts to the
 fore in order to explain the way pleasure determines desires and volition.
 Whereas pleasure is primarily, in Hume's words, an impression of
 sensation, it takes place in the birth of passions as reflecting an idea
 of pleasure, whose &#x201C;force and vivacity&#x201D; is precisely a
 &#x201C;belief&#x201D;, transferred to the direct passions of desire or
 volition that come immediately before action. As a result, from a Humean
 point of view, &#x201C;belief&#x201D; deals with decision under risk or
 uncertainty, as well as with intertemporal decision and indiscrimination
 problems. The latter are explored within a formal framework, and it is
 shown that the relation of pleasure is transformed by belief into a
 non-empty class of relations of desire, among which at least one is a
 preorder. 
Journal: The European Journal of the History of Economic Thought 
Pages: 355-384 
Issue: 3 
Volume: 19 
Year: 2012 
Month: 7 
X-DOI: 10.1080/09672567.2010.540339 
File-URL: http://hdl.handle.net/10.1080/09672567.2010.540339 
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Handle: RePEc:taf:eujhet:v:19:y:2012:i:3:p:355-384




Template-Type: ReDIF-Article 1.0
Author-Name: Jean-Louis Peaucelle 
Author-X-Name-First: Jean-Louis 
Author-X-Name-Last: Peaucelle 
Title: Rhetoric and logic in Smith's Description of the Division of Labor 
Abstract:
  <title>Abstract</title> This article analyses the first chapter of the
 <italic>Wealth of Nations,</italic> where the division of labour is
 defined and its effects described. It first shows the rhetoric and logical
 effects that are used to win the reader's goodwill. Then it reviews
 nineteenth century debates on the validity of the theory. Finally, it
 cites three real cases, where the division of labour does not increase the
 productive power of labour. In conclusion, it suggests that the theory on
 division of labour appears to require some adjustment, while acknowledging
 that some of the facts underlying arguments in its support are naturally
 true. 
Journal: The European Journal of the History of Economic Thought 
Pages: 385-408 
Issue: 3 
Volume: 19 
Year: 2012 
Month: 5 
X-DOI: 10.1080/09672567.2010.499473 
File-URL: http://hdl.handle.net/10.1080/09672567.2010.499473 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:19:y:2012:i:3:p:385-408




Template-Type: ReDIF-Article 1.0
Author-Name: A M. C Waterman 
Author-X-Name-First: A M. C 
Author-X-Name-Last: Waterman 
Title: Adam Smith and Malthus on high wages 
Abstract:
  <title>Abstract</title> For Adam Smith, capital accumulation was
 necessary and sufficient for high wages. But for Malthus it is not
 necessary because if workers choose to delay marriage the equilibrium real
 wage will rise even if the economy will be stationary; it is not
 sufficient because land scarcity causes wages and profits to fall with
 accumulation in the absence of technical progress. The first qualification
 signals a post-Revolutionary recognition that the lower orders have it in
 their own power to improve their condition. The second qualification is
 the defining assumption of the new, &#x2018;classical&#x2019; political
 economy of the English School. 
Journal: The European Journal of the History of Economic Thought 
Pages: 409-429 
Issue: 3 
Volume: 19 
Year: 2012 
Month: 6 
X-DOI: 10.1080/09672567.2010.501110 
File-URL: http://hdl.handle.net/10.1080/09672567.2010.501110 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:19:y:2012:i:3:p:409-429




Template-Type: ReDIF-Article 1.0
Author-Name: Franck Jovanovic 
Author-X-Name-First: Franck 
Author-X-Name-Last: Jovanovic 
Title: Bachelier: Not the forgotten forerunner he has been depicted as.<break/> An analysis of the dissemination of Louis Bachelier's work in economics 
Abstract:
  <title>Abstract</title> This article presents the results of new research
 on the history of financial economics by analysing the dissemination of
 Louis Bachelier's work. Louis Bachelier is doubtless the best known French
 mathematician in the history of modern finance theory. While recent
 studies have given us a fairly complete picture of the man himself, his
 work and the results he arrived at, knowledge of his contribution to the
 development of ideas remains imprecise. Although the direct influence of
 his work is analysed on occasion, no study has assessed the dissemination
 of Bachelier's work, and hence its impact on all scientific disciplines.
 This is precisely the purpose of this article: to examine the
 dissemination of Bachelier's work in order to better assess his impact on
 the development of financial economics (Jovanovic (2010) makes a similar
 analysis of the dissemination of Bachelier's work in mathematics). Based
 on a bibliometric analysis of Bachelier's work, this study aims at
 shedding light on his influence and explaining how the idea of his
 &#x2018;rediscovery&#x2019; in the 1950s gained credence. This article
 demonstrates that, contrary to the widely accepted view, Bachelier's work
 has never been forgotten; it also shows that the discovery of Bachelier's
 work by economists has had no significant influence on the development of
 financial economics. 
Journal: The European Journal of the History of Economic Thought 
Pages: 431-451 
Issue: 3 
Volume: 19 
Year: 2012 
Month: 9 
X-DOI: 10.1080/09672567.2010.540343 
File-URL: http://hdl.handle.net/10.1080/09672567.2010.540343 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:19:y:2012:i:3:p:431-451




Template-Type: ReDIF-Article 1.0
Author-Name: Luca Fantacci 
Author-X-Name-First: Luca 
Author-X-Name-Last: Fantacci 
Author-Name: Maria   Cristina Marcuzzo 
Author-X-Name-First: Maria   Cristina 
Author-X-Name-Last: Marcuzzo 
Author-Name: Annalisa Rosselli 
Author-X-Name-First: Annalisa 
Author-X-Name-Last: Rosselli 
Author-Name: Eleonora Sanfilippo 
Author-X-Name-First: Eleonora 
Author-X-Name-Last: Sanfilippo 
Title: Speculation and buffer stocks: The legacy of Keynes and Kahn 
Abstract:
  <title>Abstract</title> We review Keynes's constant concern with
 commodity prices, both as speculator and as theorist, arguing that it was
 never divorced from his view on market instability. We also look at Kahn's
 contribution on buffer stocks, which brought to fruition the original
 intuition by Keynes, refining it with his usual attention to the finest
 details. Finally, we will draw some general considerations on the
 relevance of the proposals of stabilization of commodity prices, based on
 buffer stocks, in the present sentiment of &#x2018;a return to
 Keynes&#x2019; in the attempt to cope with possibly the worst global
 economic crisis since the 1930s. 
Journal: The European Journal of the History of Economic Thought 
Pages: 453-473 
Issue: 3 
Volume: 19 
Year: 2012 
Month: 6 
X-DOI: 10.1080/09672567.2010.501109 
File-URL: http://hdl.handle.net/10.1080/09672567.2010.501109 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:19:y:2012:i:3:p:453-473




Template-Type: ReDIF-Article 1.0
Author-Name: Anthony Brewer 
Author-X-Name-First: Anthony 
Author-X-Name-Last: Brewer 
Title: Mark Blaug, 1927--2011 
Journal: The European Journal of the History of Economic Thought 
Pages: 475-480 
Issue: 3 
Volume: 19 
Year: 2012 
Month: 6 
X-DOI: 10.1080/09672567.2012.685232 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.685232 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:19:y:2012:i:3:p:475-480




Template-Type: ReDIF-Article 1.0
Author-Name: Donald Winch 
Author-X-Name-First: Donald 
Author-X-Name-Last: Winch 
Title: Andrew Skinner, 1935--2011 
Journal: The European Journal of the History of Economic Thought 
Pages: 481-484 
Issue: 3 
Volume: 19 
Year: 2012 
Month: 6 
X-DOI: 10.1080/09672567.2012.687131 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.687131 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:19:y:2012:i:3:p:481-484




Template-Type: ReDIF-Article 1.0
Author-Name: J.E. King 
Author-X-Name-First: J.E. 
Author-X-Name-Last: King 
Title: Crises and Cycles in Economics Dictionaries and Encyclopedias 
Journal: The European Journal of the History of Economic Thought 
Pages: 485-487 
Issue: 3 
Volume: 19 
Year: 2012 
Month: 6 
X-DOI: 10.1080/09672567.2012.685228 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.685228 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:19:y:2012:i:3:p:485-487




Template-Type: ReDIF-Article 1.0
Author-Name: Ingo Barens 
Author-X-Name-First: Ingo 
Author-X-Name-Last: Barens 
Title: Keynes on Monetary Policy, Finance and Uncertainty 
Journal: The European Journal of the History of Economic Thought 
Pages: 488-490 
Issue: 3 
Volume: 19 
Year: 2012 
Month: 6 
X-DOI: 10.1080/09672567.2012.685231 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.685231 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:19:y:2012:i:3:p:488-490




Template-Type: ReDIF-Article 1.0
Author-Name: Tony Aspromourgos 
Author-X-Name-First: Tony 
Author-X-Name-Last: Aspromourgos 
Title: Crises and Cycles in Economics Dictionaries and Encyclopedias 
Journal: The European Journal of the History of Economic Thought 
Pages: 490-495 
Issue: 3 
Volume: 19 
Year: 2012 
Month: 6 
X-DOI: 10.1080/09672567.2012.685229 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.685229 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:19:y:2012:i:3:p:490-495




Template-Type: ReDIF-Article 1.0
Author-Name: Nesrine Bentemessek 
Author-X-Name-First: Nesrine 
Author-X-Name-Last: Bentemessek 
Title: Public credit and liquidity in James Steuart's Principles 
Abstract:
  <title>Abstract</title> The aim of this article is to shed new light on
 the monetary and financial theory of James Steuart (1767) through his
 examination of the speculative bubbles of 1720: that is, the John Law
 System in France and the South Sea Bubble in England. In contrast to most
 contemporary writers&#xA0;--&#xA0;particularly David Hume and Adam
 Smith&#xA0;--&#xA0;Steuart had a balanced opinion about these two
 financial experiments. On the one hand, Steuart considered them
 worthwhile, since they were attempts at public debt restructuring by
 reducing its expense and increasing its liquidity. Moreover, according to
 Steuart, a well-managed public debt favours the liquidity of both banks
 and the financial market. These worked together for the growth of wealth.
 However, on the other hand, Steuart claimed that the failure of these
 experiments was due to: (i) a poor management of money; (ii) a violation
 of credit rules and its corollary, the weakness of banks; (iii) the
 adoption of contestable dividend and financial information policy. This
 article presents Steuart's proposals for creating the liquidity of both
 banks and the financial market via a well-managed public debt. 
Journal: The European Journal of the History of Economic Thought 
Pages: 501-528 
Issue: 4 
Volume: 19 
Year: 2012 
Month: 7 
X-DOI: 10.1080/09672567.2010.540337 
File-URL: http://hdl.handle.net/10.1080/09672567.2010.540337 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:19:y:2012:i:4:p:501-528




Template-Type: ReDIF-Article 1.0
Author-Name: Claire Pignol 
Author-X-Name-First: Claire 
Author-X-Name-Last: Pignol 
Title: Rousseau's notion of envy: A comparison with modern economic theory 
Abstract:
  <title>Abstract</title> The concept of envy is present both in Rousseau's
 economic philosophy and in modern economic theory. This paper compares
 these different uses of the concept and studies the relevance of the
 definition of envy adopted on each side, taking into account what is at
 stake when a notion of envy is introduced. It will be shown that
 Rousseau's envy cannot be expressed by modern conceptions of envy.
 Nevertheless, it enlightens the debate between the two competing notions
 of envy present in modern economic theory, revealing that the existence of
 envy questions the notion of self-interest. 
Journal: The European Journal of the History of Economic Thought 
Pages: 529-549 
Issue: 4 
Volume: 19 
Year: 2012 
Month: 6 
X-DOI: 10.1080/09672567.2010.540340 
File-URL: http://hdl.handle.net/10.1080/09672567.2010.540340 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:19:y:2012:i:4:p:529-549




Template-Type: ReDIF-Article 1.0
Author-Name: Laurie Br&#xe9;ban 
Author-X-Name-First: Laurie 
Author-X-Name-Last: Br&#xe9;ban 
Title: Sensitivity to prosperity and adversity: What would a Smithian function of happiness look like? 
Abstract:
  <title>Abstract</title> Like many authors of his time, Smith assumes a
 greater sensitivity to adverse than to prosperous events. Though neglected
 by commentators, with the exception of Ashraf <italic>et al</italic>.
 (2005), the influence that he attaches to prosperity and adversity on
 happiness deserves special attention, particularly from an analytical
 point of view. This paper aims at bringing out the implications of such an
 asymmetry for his work and for current developments concerning decision
 and welfare. Since the argument that comes to justify this asymmetry, in
 the <italic>Theory of Moral sentiments</italic>, is not clear, both in its
 structure and in its content, the first step consists in a clarification
 of Smith's position resting, principally, on the <italic>History of
 Astronomy</italic>, which introduces the concepts of
 &#x2018;custom&#x2019; and &#x2018;surprise&#x2019;. Next, Smith's
 argument is discussed in a more formal framework, through alternative
 approaches of what might be considered a Smithian happiness function:
 reference-dependent models with loss aversion or standard cardinal
 utility-like functions. Textual evidences leads to favour the last
 alternative. This also leads to non-trivial conclusions concerning the way
 Smith views individual happiness. 
Journal: The European Journal of the History of Economic Thought 
Pages: 551-586 
Issue: 4 
Volume: 19 
Year: 2012 
Month: 9 
X-DOI: 10.1080/09672567.2010.540341 
File-URL: http://hdl.handle.net/10.1080/09672567.2010.540341 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:19:y:2012:i:4:p:551-586




Template-Type: ReDIF-Article 1.0
Author-Name: Francesco Forte 
Author-X-Name-First: Francesco 
Author-X-Name-Last: Forte 
Author-Name: Roberto Marchionatti 
Author-X-Name-First: Roberto 
Author-X-Name-Last: Marchionatti 
Title: Luigi Einaudi's economics of liberalism 
Abstract:
  <title>Abstract</title> The paper delineates a profile of Luigi Einaudi
 as an economist and answers to the question: what kind of economist was
 Einaudi?. It describes the major trends of classical and neoclassical
 economic thought that influenced his background and focuses on his
 conception of economic science: method and vision, fields of application
 (from the Italian economy to the the Great Crisis) and his theory of
 economic policy (<italic>Buongoverno</italic>). The paper maintains that
 Einaudi possessed the qualities of the great economists of the past but
 his understatement in the manner of presenting his positions and his style
 of argument have overshadowed the great economist he was. 
Journal: The European Journal of the History of Economic Thought 
Pages: 587-624 
Issue: 4 
Volume: 19 
Year: 2012 
Month: 8 
X-DOI: 10.1080/09672567.2010.540346 
File-URL: http://hdl.handle.net/10.1080/09672567.2010.540346 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:19:y:2012:i:4:p:587-624




Template-Type: ReDIF-Article 1.0
Author-Name: Roxana Bobulescu 
Author-X-Name-First: Roxana 
Author-X-Name-Last: Bobulescu 
Title: The making of a Schumpeterian economist: Nicholas Georgescu-Roegen 
Abstract:
  <title>Abstract</title> The paper explores the intellectual trajectory of
 Nicholas Georgescu-Roegen. By reviewing his memoirs and the various
 interpretations of his work, it puts forward the particular conditions and
 circumstances that shaped Georgescu-Roegen's theoretical developments. His
 way from neoclassical consumption behaviour to the entropy law and the
 economic process was a very exciting intellectual journey. Born in
 Romania, having experienced four dictatorships in the 1930s and 1940s, he
 confronted with the problems of a rural, overpopulated economy. The paper
 shows that his practice in Romania was the rain that made grow the seeds
 planted in his mind by Schumpeter at Harvard. 
Journal: The European Journal of the History of Economic Thought 
Pages: 625-651 
Issue: 4 
Volume: 19 
Year: 2012 
Month: 8 
X-DOI: 10.1080/09672567.2010.540344 
File-URL: http://hdl.handle.net/10.1080/09672567.2010.540344 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:19:y:2012:i:4:p:625-651




Template-Type: ReDIF-Article 1.0
Author-Name: Leonid D. Shirokorad 
Author-X-Name-First: Leonid D. 
Author-X-Name-Last: Shirokorad 
Author-Name: Joachim Zweynert 
Author-X-Name-First: Joachim 
Author-X-Name-Last: Zweynert 
Title: Izrail G. Blyumin&#xA0;--&#xA0;the fate of a Soviet historian of economic thought under Stalin 
Abstract:
  <title>Abstract</title> Whereas relatively much has been written about
 the Russian/Soviet economists repressed and killed or forced into
 emigration under Stalin, the story of those who were psychologically
 broken but could continue their work still has to be written. Based on
 published as well as archive materials, this paper aims at giving insights
 into the fate of a neglected Russian historian of economic thought who
 certainly can be regarded as one of the &#x2018;silent&#x2019; victims of
 Stalinism. 
Journal: The European Journal of the History of Economic Thought 
Pages: 653-677 
Issue: 4 
Volume: 19 
Year: 2012 
Month: 2 
X-DOI: 10.1080/09672567.2011.565353 
File-URL: http://hdl.handle.net/10.1080/09672567.2011.565353 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:19:y:2012:i:4:p:653-677




Template-Type: ReDIF-Article 1.0
Author-Name: Carlo Panico 
Author-X-Name-First: Carlo 
Author-X-Name-Last: Panico 
Title: Thomas Tooke and the Monetary Thought of Classical Economics 
Journal: The European Journal of the History of Economic Thought 
Pages: 679-683 
Issue: 4 
Volume: 19 
Year: 2012 
Month: 8 
X-DOI: 10.1080/09672567.2012.701044 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.701044 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:19:y:2012:i:4:p:679-683




Template-Type: ReDIF-Article 1.0
Author-Name: Heinz D. Kurz 
Author-X-Name-First: Heinz D. 
Author-X-Name-Last: Kurz 
Title: The Genesis of Macroeconomics. New Ideas from Sir William Petty to Henry Thornton 
Journal: The European Journal of the History of Economic Thought 
Pages: 683-686 
Issue: 4 
Volume: 19 
Year: 2012 
Month: 8 
X-DOI: 10.1080/09672567.2012.704670 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.704670 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:19:y:2012:i:4:p:683-686




Template-Type: ReDIF-Article 1.0
Author-Name: Hsiao   Ping Peng 
Author-X-Name-First: Hsiao   Ping 
Author-X-Name-Last: Peng 
Author-Name: Ming   Chung Chang 
Author-X-Name-First: Ming   Chung 
Author-X-Name-Last: Chang 
Title: The foundations of Chinese attitudes towards advocating luxury spending 
Abstract:
  <title>Abstract</title> In China, some scholars have argued that luxury
 spending is socially beneficial to equalise wealth, under the assumption
 that the total endowment of resources is a fixed amount. This argument is
 not only consistent with Confucianism but also might point to another
 lesser known side of Confucianism that the luxury spending of the rich can
 be regarded as a wealth-transferring mechanism. Furthermore, luxury
 spending was encouraged for purposes of enjoyment; it did not involve the
 consideration of power and protection. This is in sharp contrast to the
 extravagance of the European nobility; their intention was to maintain a
 hierarchical structure. 
Journal: The European Journal of the History of Economic Thought 
Pages: 691-708 
Issue: 5 
Volume: 19 
Year: 2012 
Month: 10 
X-DOI: 10.1080/09672567.2010.540342 
File-URL: http://hdl.handle.net/10.1080/09672567.2010.540342 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:19:y:2012:i:5:p:691-708




Template-Type: ReDIF-Article 1.0
Author-Name: &#xC1;ngel Alonso-Cort&#xe9;s 
Author-X-Name-First: &#xC1;ngel 
Author-X-Name-Last: Alonso-Cort&#xe9;s 
Author-Name: Francisco Cabrillo 
Author-X-Name-First: Francisco 
Author-X-Name-Last: Cabrillo 
Title: From merchants to speakers: The common origins of trade and language 
Abstract:
  <title>Abstract</title> Adam Smith argued that division of labour and
 language are linked to the concept of persuasion. However, this paper
 asserts that trade in the long term and linguistic communication have
 their roots in trust and probity since both imply some sort of mutuality.
 If not, neither one nor the other would occur as strategies in repetitive
 games show. 
Journal: The European Journal of the History of Economic Thought 
Pages: 709-732 
Issue: 5 
Volume: 19 
Year: 2012 
Month: 10 
X-DOI: 10.1080/09672567.2010.540347 
File-URL: http://hdl.handle.net/10.1080/09672567.2010.540347 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:19:y:2012:i:5:p:709-732




Template-Type: ReDIF-Article 1.0
Author-Name: Ghislain Deleplace 
Author-X-Name-First: Ghislain 
Author-X-Name-Last: Deleplace 
Author-Name: Nathalie Sigot 
Author-X-Name-First: Nathalie 
Author-X-Name-Last: Sigot 
Title: Ricardo's critique of Bentham's French manuscript: Secure currency versus secure banks 
Abstract:
  <title>Abstract</title> After David Ricardo had argued against it, Jeremy
 Bentham's manuscript <italic>Sur les prix</italic> was never published.
 Our paper deals with the reasons of that disagreement. After having told
 the story of the manuscript, we compare its content and the critiques on
 both the positive analysis of the observed monetary situation and the
 normative analysis of an ideal monetary system. We show the theoretical
 divergence between two conceptions of money, Ricardo advocating a secure
 currency while Bentham favored secure banks. We conclude that Bentham's
 manuscript and Ricardo's comments may add to the present knowledge about
 these authors and classical monetary theory. 
Journal: The European Journal of the History of Economic Thought 
Pages: 733-764 
Issue: 5 
Volume: 19 
Year: 2012 
Month: 10 
X-DOI: 10.1080/09672567.2010.540349 
File-URL: http://hdl.handle.net/10.1080/09672567.2010.540349 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:19:y:2012:i:5:p:733-764




Template-Type: ReDIF-Article 1.0
Author-Name: Michel De Vroey 
Author-X-Name-First: Michel 
Author-X-Name-Last: De Vroey 
Title: Marshall and Walras: Incompatible bedfellows? 
Abstract:
  <title>Abstract</title> The standard view about the relationship between
 the Marshallian and the Walrasian approaches is that they are
 complementary to each other. My aim in this paper is to show that, on the
 contrary, they constitute alternative sub-research programmes within the
 wider neoclassical paradigm. I make my point by contrasting the two
 approaches against the following benchmarks: the purpose of economic
 theory according to Marshall and Walras; their views as to the role of
 mathematics; their specific ways of tackling complexity; the conception of
 equilibrium underpinning their theories; and, finally, their trade
 organisation assumptions. 
Journal: The European Journal of the History of Economic Thought 
Pages: 765-783 
Issue: 5 
Volume: 19 
Year: 2012 
Month: 10 
X-DOI: 10.1080/09672567.2010.540345 
File-URL: http://hdl.handle.net/10.1080/09672567.2010.540345 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:19:y:2012:i:5:p:765-783




Template-Type: ReDIF-Article 1.0
Author-Name: Craig Medlen 
Author-X-Name-First: Craig 
Author-X-Name-Last: Medlen 
Title: A historiographical exhumation of J.A. Hobson's Over-Saving Thesis: General theory versus historiography 
Abstract:
  <title>Abstract</title> The discussion of J.A. Hobson's understanding of
 over-saving has been largely confined within John Maynard Keynes' famous
 critique in the <italic>General Theory</italic>. I argue that gauging
 Hobson's contribution by &#x2018;general theory&#x2019;, that is, by an
 ahistorical, non-evolutionary yardstick, is to miss the larger part of
 Hobson's achievement. Hobson's conception of over-saving was contained
 within an evolving historiography of capital accumulation and took on
 various meanings depending on whether Hobson was discussing a competitive
 or monopolistic environment. I show that Keynes' &#x2018;corrected&#x2019;
 version of over-saving was implicitly contained within Hobson's analysis
 of an evolving monopolistic industrial structure. 
Journal: The European Journal of the History of Economic Thought 
Pages: 785-795 
Issue: 5 
Volume: 19 
Year: 2012 
Month: 10 
X-DOI: 10.1080/09672567.2010.540348 
File-URL: http://hdl.handle.net/10.1080/09672567.2010.540348 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:19:y:2012:i:5:p:785-795




Template-Type: ReDIF-Article 1.0
Author-Name: Floris Heukelom 
Author-X-Name-First: Floris 
Author-X-Name-Last: Heukelom 
Title: Three explanations for the Kahneman-Tversky Programme of the 1970s 
Abstract:
  <title>Abstract</title> This article provides a historical description of
 the background and development of Kahneman and Tversky's collaborative
 research of the 1970s and advances three explanations for their success. A
 first reason for the two psychologists' triumph in economics is that they
 provided a friendly criticism of economics based on a re-interpretation of
 normative and descriptive. A second reason for their success was the new
 type of experiments they could use. A third reason was their effective use
 of intuitively appealing examples, to which not only the experimental
 subjects but also the readers of the articles could relate. 
Journal: The European Journal of the History of Economic Thought 
Pages: 797-828 
Issue: 5 
Volume: 19 
Year: 2012 
Month: 10 
X-DOI: 10.1080/09672567.2010.540350 
File-URL: http://hdl.handle.net/10.1080/09672567.2010.540350 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:19:y:2012:i:5:p:797-828




Template-Type: ReDIF-Article 1.0
Author-Name: Luca Fiorito 
Author-X-Name-First: Luca 
Author-X-Name-Last: Fiorito 
Title: American institutionalism at Chicago: A documentary note 
Abstract:
  <title>Abstract</title> This note provides new evidence concerning
 American institutionalism at Chicago during the 1920s and 1930s. 
Journal: The European Journal of the History of Economic Thought 
Pages: 829-836 
Issue: 5 
Volume: 19 
Year: 2012 
Month: 10 
X-DOI: 10.1080/09672567.2011.653886 
File-URL: http://hdl.handle.net/10.1080/09672567.2011.653886 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:19:y:2012:i:5:p:829-836




Template-Type: ReDIF-Article 1.0
Author-Name: Lutz Beinsen 
Author-X-Name-First: Lutz 
Author-X-Name-Last: Beinsen 
Title: Ragnar Frisch, <italic>A Dynamic Approach to Economic Theory. Lectures by Ragnar Frisch at Yale University</italic>  
Journal: The European Journal of the History of Economic Thought 
Pages: 837-839 
Issue: 5 
Volume: 19 
Year: 2012 
Month: 10 
X-DOI: 10.1080/09672567.2012.723349 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.723349 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:19:y:2012:i:5:p:837-839




Template-Type: ReDIF-Article 1.0
Author-Name: Bertram Schefold 
Author-X-Name-First: Bertram 
Author-X-Name-Last: Schefold 
Title: The Economy in Jewish History: New Perspectives on the Interrelationship between Ethnicity and Economic life 
Journal: The European Journal of the History of Economic Thought 
Pages: 839-844 
Issue: 5 
Volume: 19 
Year: 2012 
Month: 10 
X-DOI: 10.1080/09672567.2012.723351 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.723351 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:19:y:2012:i:5:p:839-844




Template-Type: ReDIF-Article 1.0
Author-Name: Heinz D. Kurz 
Author-X-Name-First: Heinz D. 
Author-X-Name-Last: Kurz 
Title: The Genesis of Macroeconomics: New Ideas from Sir William Petty to Henry Thornton 
Journal: The European Journal of the History of Economic Thought 
Pages: 844-846 
Issue: 5 
Volume: 19 
Year: 2012 
Month: 10 
X-DOI: 10.1080/09672567.2012.723355 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.723355 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:19:y:2012:i:5:p:844-846




Template-Type: ReDIF-Article 1.0
Author-Name: Fikret Adaman 
Author-X-Name-First: Fikret 
Author-X-Name-Last: Adaman 
Author-Name: Ragip Ege 
Author-X-Name-First: Ragip 
Author-X-Name-Last: Ege 
Author-Name: Gilbert Faccarello 
Author-X-Name-First: Gilbert 
Author-X-Name-Last: Faccarello 
Author-Name: Amos Witztum 
Author-X-Name-First: Amos 
Author-X-Name-Last: Witztum 
Title: Editors' Note 
Journal: The European Journal of the History of Economic Thought 
Pages: 851-851 
Issue: 6 
Volume: 19 
Year: 2012 
Month: 12 
X-DOI: 10.1080/09672567.2012.741899 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.741899 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:19:y:2012:i:6:p:851-851




Template-Type: ReDIF-Article 1.0
Author-Name: Rodolphe Dos Santos Ferreira 
Author-X-Name-First: Rodolphe 
Author-X-Name-Last: Dos Santos Ferreira 
Title: Two views of competition: &#x201C;Is it peace or war?&#x201D; 
Abstract:
  <title>Abstract</title> On the basis of the 19th century mathematical
 economics literature initiated by Cournot, the paper shows the coexistence
 of two contrasting views of competition, which may be associated, as
 already suggested by Edgeworth, with the two themes of peace and war.
 According to the first view (Jevons, Walras, Marshall), competition is
 characterised, independently of market structure, by the peaceful price
 taking conduct of consumers and producers. Rivalry is not completely
 absent, but it concerns the interaction of mediating professional dealers.
 According to the second view (Bertrand, Launhardt), competition appears as
 an aggressive strategic interaction between producers. 
Journal: The European Journal of the History of Economic Thought 
Pages: 852-867 
Issue: 6 
Volume: 19 
Year: 2012 
Month: 12 
X-DOI: 10.1080/09672567.2012.735685 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.735685 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:19:y:2012:i:6:p:852-867




Template-Type: ReDIF-Article 1.0
Author-Name: Richard van den Berg 
Author-X-Name-First: Richard 
Author-X-Name-Last: van den Berg 
Title: &#x2018;Something wonderful and incomprehensible in their &#x153;conomy&#x2019;: The English versions of Richard Cantillon's <italic>Essay on the 
Nature of Trade in General</italic>  
Abstract:
  <title>Abstract</title> Until at least the 1750s, a number of drafts
 survived of Richard Cantillon's <italic>Essay on the Nature of Trade in
 General</italic>, in different stages of completion. This is suggested by
 a paragraph-by-paragraph comparison between three versions of Cantillon's
 writings, namely the French <italic>Essai</italic> of 1755, fragments of
 Postlethwayt's <italic>Universal Dictionary</italic> (1752--1754) and
 Philip Cantillon's <italic>Analysis of Trade</italic> (1759). Whilst
 numerous variations between the texts may be attributed to free
 translation practice or to interventions by later editors, others cannot.
 A comparative study of variations may provide us with insights into the
 development of the ideas of this masterly economic theorist. 
Journal: The European Journal of the History of Economic Thought 
Pages: 868-907 
Issue: 6 
Volume: 19 
Year: 2012 
Month: 12 
X-DOI: 10.1080/09672567.2012.735683 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.735683 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:19:y:2012:i:6:p:868-907




Template-Type: ReDIF-Article 1.0
Author-Name: Gilles Campagnolo 
Author-X-Name-First: Gilles 
Author-X-Name-Last: Campagnolo 
Author-Name: Christel Vivel 
Author-X-Name-First: Christel 
Author-X-Name-Last: Vivel 
Title: Before Schumpeter: forerunners of the theory of the entrepreneur in 1900s German political economy&#xA0;--&#xA0;Werner Sombart, Friedrich von Wieser 
Abstract:
  <title>Abstract</title> The paper aims at questioning the conceptual
 connection between Schumpeter, Sombart and Wieser on entrepreneurship.
 Using Schumpeter &#x2018;to come back before Schumpeter&#x2019;, we show
 which views these authors share on the character of the entrepreneur, the
 role of the entrepreneurial function in the economic process and the
 evolution of that notion up until the stage of developed capitalism
 (<italic>Hochkapitalismus</italic>). Thus, the entrepreneur appears as a
 key-stone for <italic>building</italic> capitalism. Finally, we indeed
 sketch the &#x2018;spirit of entrepreneurship&#x2019; as it emerges from
 the entrepreneurial function. 
Journal: The European Journal of the History of Economic Thought 
Pages: 908-943 
Issue: 6 
Volume: 19 
Year: 2012 
Month: 12 
X-DOI: 10.1080/09672567.2012.737006 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.737006 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:19:y:2012:i:6:p:908-943




Template-Type: ReDIF-Article 1.0
Author-Name: Ragip Ege 
Author-X-Name-First: Ragip 
Author-X-Name-Last: Ege 
Author-Name: Harald Hagemann 
Author-X-Name-First: Harald 
Author-X-Name-Last: Hagemann 
Title: The modernisation of the Turkish University after 1933: The contributions of refugees from Nazism 
Abstract:
  <title>Abstract</title> The paper deals with the abolition of the Ottoman
 university and the reopening of Istanbul University in 1933, and the
 dismissal of many scientists in Nazi Germany. This allowed the Turkish
 government to invite a large group of these scholars to the benefit of the
 academic endeavours of the young Turkish Republic. The article gives an
 overview on the refugees from Nazism who came as experts and advisers to
 the Turkish government. It then focuses on the scientific contributions
 and activities of the small but significant group of economists and
 concludes with an assessment of their impact. 
Journal: The European Journal of the History of Economic Thought 
Pages: 944-975 
Issue: 6 
Volume: 19 
Year: 2012 
Month: 12 
X-DOI: 10.1080/09672567.2012.735684 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.735684 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:19:y:2012:i:6:p:944-975




Template-Type: ReDIF-Article 1.0
Author-Name: Johannes A. Schwarzer 
Author-X-Name-First: Johannes A. 
Author-X-Name-Last: Schwarzer 
Title: A.W. Phillips and his curve: Stabilisation policies, inflation expectations and the &#x2018;menu of choice&#x2019; 
Abstract:
  <title>Abstract</title> This paper investigates the interpretation of the
 Phillips curve by Phillips himself. It will be shown that Phillips
 primarily understood his curve as a disequilibrium relation to be used in
 his models on stabilisation policies and not necessarily as a long-run
 &#x2018;menu of choice&#x2019; between inflation and unemployment, even
 though Phillips did not oppose and sometimes even appears to have endorsed
 this interpretation. Inflation expectations are discussed by Phillips as
 well. Contrary to Friedman, price expectations drive his system from the
 demand side but not from the supply side of the economy. Nonetheless,
 price expectations may induce dynamic instability. 
Journal: The European Journal of the History of Economic Thought 
Pages: 976-1003 
Issue: 6 
Volume: 19 
Year: 2012 
Month: 12 
X-DOI: 10.1080/09672567.2012.735686 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.735686 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:19:y:2012:i:6:p:976-1003




Template-Type: ReDIF-Article 1.0
Author-Name: Ghislain Deleplace 
Author-X-Name-First: Ghislain 
Author-X-Name-Last: Deleplace 
Author-Name: Christophe Depoort&#xe8;re 
Author-X-Name-First: Christophe 
Author-X-Name-Last: Depoort&#xe8;re 
Author-Name: Nicolas Rieucau 
Author-X-Name-First: Nicolas 
Author-X-Name-Last: Rieucau 
Title: An unpublished letter of David Ricardo on the double standard of money 
Abstract:
  <title>Abstract</title> This article transcripts and comments a hitherto
 unpublished letter by David Ricardo, dated 19 January 1823 and addressed
 to Grenfell. In this letter Ricardo opposes the adoption of a double
 standard of money, two years after the return to convertibility of
 banknotes and in the midst of an economic recession that pressed for
 drastic monetary changes. It contains an argument&#xA0;--&#xA0;linking the
 double standard of money, the seignorage on the silver coin, the behaviour
 of the Bank of England, and the fall in the value of the
 pound&#xA0;--&#xA0;which is to be found nowhere else in Ricardo's works. 
Journal: The European Journal of the History of Economic Thought 
Pages: 1-28 
Issue: 1 
Volume: 20 
Year: 2013 
Month: 2 
X-DOI: 10.1080/09672567.2011.565359 
File-URL: http://hdl.handle.net/10.1080/09672567.2011.565359 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:20:y:2013:i:1:p:1-28




Template-Type: ReDIF-Article 1.0
Author-Name: Geoffrey Poitras 
Author-X-Name-First: Geoffrey 
Author-X-Name-Last: Poitras 
Title: Richard Price, miracles and the origins of Bayesian decision theory 
Abstract:
  <title>Abstract</title> Following a brief overview of the contributions
 that Richard Price (1723 to 1791) made to the history of economic thought
 and related subjects, this paper examines the earliest known contribution
 to Bayesian decision theory: the reply that Price made to David Hume's
 skeptical argument against Christian miracles. Contrary to conventional
 presentations, this paper demonstrates that essential issues in the debate
 with Hume need to be properly situated within the broader philosophical
 and theological debates of those times. Price's primary application of
 Bayes's theorem to Hume's argument against miracles is also shown to be
 distinct from the conventional Bayesian approach to the interpretation of
 testimony. The &#x2018;rational intuition&#x2019; used to motivate Price's
 prior distribution is compared with modern intuitionism and substantive
 differences are identified. 
Journal: The European Journal of the History of Economic Thought 
Pages: 29-57 
Issue: 1 
Volume: 20 
Year: 2013 
Month: 2 
X-DOI: 10.1080/09672567.2011.565356 
File-URL: http://hdl.handle.net/10.1080/09672567.2011.565356 
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Template-Type: ReDIF-Article 1.0
Author-Name: Mauro Boianovsky 
Author-X-Name-First: Mauro 
Author-X-Name-Last: Boianovsky 
Title: Humboldt and the economists on natural resources, institutions and underdevelopment (1752 to 1859) 
Abstract:
  <title>Abstract</title> The article discusses how early economists,
 sometimes informed by the pioneer report on a Latin American country
 (Mexico) by the geographer A. von Humboldt, interpreted the connections
 between natural resources, institutions and growth. The paradox of a
 negative relation between natural wealth and growth was elaborated, before
 Humboldt,by Hume. Humboldt's account of the high degree of income
 inequality in Mexico caught Malthus's attention, who turned it into a key
 element of his anti-Ricardo view that the fertility of soil may be
 associated with poor growth if there is a lack of effective demand.
 Cairnes claimed that the structural impact of a natural resource boom on
 the rest of the economy is compatible with the comparative-advantage
 framework. J.S. Mill articulated the potential perverse effects of natural
 wealth on effort supply and weak institutions, a theme conspicuous in the
 modem literature about the &#x201C;natural resource curse&#x201D;. 
Journal: The European Journal of the History of Economic Thought 
Pages: 58-88 
Issue: 1 
Volume: 20 
Year: 2013 
Month: 2 
X-DOI: 10.1080/09672567.2011.565358 
File-URL: http://hdl.handle.net/10.1080/09672567.2011.565358 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:20:y:2013:i:1:p:58-88




Template-Type: ReDIF-Article 1.0
Author-Name: Andr&#xe9;s &#xC1;lvarez 
Author-X-Name-First: Andr&#xe9;s 
Author-X-Name-Last: &#xC1;lvarez 
Author-Name: Vincent Bignon 
Author-X-Name-First: Vincent 
Author-X-Name-Last: Bignon 
Title: L. Walras and C. Menger: two ways on the path of modern monetary theory 
Abstract:
  <title>Abstract</title> This paper shows that modern monetary theory can
 be better understood through the differences between Menger and Walras.
 Since the 1980s, attempts to establish coherent microfoundations for
 monetary exchange have brought Menger's theory of the origin of money to
 the forefront and sent walrasian methods to the backstage. However, during
 the first decade of the twenty-first century, models inspired on mengerian
 monetary theory, mainly represented by the search monetary approach, are
 trying to reintroduce neo-walrasian elements. This paper aims at
 clarifying the main theoretical implications of this movement, through an
 analysis of the Menger--Walras divide on money. This divide allows us to
 show new proof of the deep theoretical differences among the so-called
 marginalist authors and of the richness of this historical period as a
 source for modern economics. 
Journal: The European Journal of the History of Economic Thought 
Pages: 89-124 
Issue: 1 
Volume: 20 
Year: 2013 
Month: 2 
X-DOI: 10.1080/09672567.2011.596939 
File-URL: http://hdl.handle.net/10.1080/09672567.2011.596939 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:20:y:2013:i:1:p:89-124




Template-Type: ReDIF-Article 1.0
Author-Name: Lowell Jacobsen 
Author-X-Name-First: Lowell 
Author-X-Name-Last: Jacobsen 
Title: On Robinson, Penrose, and the resource-based view 
Abstract:
  <title>Abstract</title> This paper addresses the neglected, significant
 influence of Robinson on Penrose and her profound impact on the
 resource-based view (RBV) of strategy. The modest intent is to awaken
 strategy scholars and perhaps others to Austin Robinson's pioneering
 volume. The ambitious intent is to deepen the historical intellectual
 roots of the RBV, thereby securing a more certain foundation and
 direction. An enriched historical background may well add significance and
 validity to the questions pursued and the research methods employed in any
 science. 
Journal: The European Journal of the History of Economic Thought 
Pages: 125-147 
Issue: 1 
Volume: 20 
Year: 2013 
Month: 2 
X-DOI: 10.1080/09672567.2011.565355 
File-URL: http://hdl.handle.net/10.1080/09672567.2011.565355 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:20:y:2013:i:1:p:125-147




Template-Type: ReDIF-Article 1.0
Author-Name: Richard Sturn 
Author-X-Name-First: Richard 
Author-X-Name-Last: Sturn 
Title: A Theory of Social and Economic Evolution. Great Thinkers in Economics Series 
Journal: The European Journal of the History of Economic Thought 
Pages: 148-150 
Issue: 1 
Volume: 20 
Year: 2013 
Month: 2 
X-DOI: 10.1080/09672567.2012.760272 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.760272 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:20:y:2013:i:1:p:148-150




Template-Type: ReDIF-Article 1.0
Author-Name: Bertram Schefold 
Author-X-Name-First: Bertram 
Author-X-Name-Last: Schefold 
Title: The Economies of Hellenistic Societies, Third to First Centuries BC 
Journal: The European Journal of the History of Economic Thought 
Pages: 150-158 
Issue: 1 
Volume: 20 
Year: 2013 
Month: 2 
X-DOI: 10.1080/09672567.2013.760273 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.760273 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:20:y:2013:i:1:p:150-158




Template-Type: ReDIF-Article 1.0
Author-Name: G&#xfc;nther Chaloupek 
Author-X-Name-First: G&#xfc;nther 
Author-X-Name-Last: Chaloupek 
Title: Finanzkapital und Finanzsysteme &#x201C;Das Finanzkapital&#x201D; von Rudolf Hilferding 
Journal: The European Journal of the History of Economic Thought 
Pages: 158-162 
Issue: 1 
Volume: 20 
Year: 2013 
Month: 2 
X-DOI: 10.1080/09672567.2013.760274 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.760274 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:20:y:2013:i:1:p:158-162




Template-Type: ReDIF-Article 1.0
Author-Name: Carsten Kasprzok 
Author-X-Name-First: Carsten 
Author-X-Name-Last: Kasprzok 
Title: Die Wissenschaft der Au&#xdf;enseiter. Die Krise der National&#xf6;konomie in der Weimarer Republik 
Journal: The European Journal of the History of Economic Thought 
Pages: 162-165 
Issue: 1 
Volume: 20 
Year: 2013 
Month: 2 
X-DOI: 10.1080/09672567.2013.760275 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.760275 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:20:y:2013:i:1:p:162-165




Template-Type: ReDIF-Article 1.0
Author-Name: Rebeca Gomez Betancourt 
Author-X-Name-First: Rebeca 
Author-X-Name-Last: Gomez Betancourt 
Author-Name: J&#xe9;r&#xf4;me de Boyer des Roches 
Author-X-Name-First: J&#xe9;r&#xf4;me 
Author-X-Name-Last: de Boyer des Roches 
Title: Irving Fisher's restatement of the quantity theory 
Journal: The European Journal of the History of Economic Thought 
Pages: 167-173 
Issue: 2 
Volume: 20 
Year: 2013 
Month: 4 
X-DOI: 10.1080/09672567.2013.773357 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.773357 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:20:y:2013:i:2:p:167-173




Template-Type: ReDIF-Article 1.0
Author-Name: David Laidler 
Author-X-Name-First: David 
Author-X-Name-Last: Laidler 
Title: Professor Fisher and the quantity theory&#xA0;--&#xA0;a significant encounter 
Abstract:
	      <title>Abstract</title>		  Irving Fisher's encounter
 with the Quantity Theory of Money began in the 1890s, during the debate
 about bimetallism, and reached its high point in 1911 with the publication
 of <italic>The Purchasing Power of Money.</italic> His most important
 refinement of the theory, derived from his recognition of bank deposits as
 means of exchange, was to treat their out of equilibrium recursive
 interaction with inflation as integral to it. This treatment underlay both
 his 1920s work on the business cycle as a &#x201C;dance of the
 dollar&#x201D; and his advocacy of subjecting monetary policy to a
 legislated price stability rule, initially to be based on his
 &#x201C;compensated dollar&#x201D; scheme. Fisher's failure to recognise
 the onset of the Great Depression even as it was happening was directly
 related to his faith in the quantity theory's seeming implication that
 price level stability in and of itself guaranteed the continuation of
 prosperity, while his subsequent work on the debt deflation theory of
 great depressions initially failed to repair the damage that this failure
 did to his reputation, and to that of the quantity theory. In the 1930s
 Fisher nevertheless remained an active supporter of various schemes to
 reflate and then stabilise the price level. His subsequent influence on
 the quantity theory based Monetarist counter-revolution that began in the
 1950s lay, directly, in its deployment of his analysis of expected
 inflation on nominal interest rates, and, indirectly, in its espousal of
 the case for subjecting monetary policy to a legislated rule.		
Journal: The European Journal of the History of Economic Thought 
Pages: 174-205 
Issue: 2 
Volume: 20 
Year: 2013 
Month: 4 
X-DOI: 10.1080/09672567.2012.708772 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.708772 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:20:y:2013:i:2:p:174-205




Template-Type: ReDIF-Article 1.0
Author-Name: Mauro Boianovsky 
Author-X-Name-First: Mauro 
Author-X-Name-Last: Boianovsky 
Title: Fisher and Wicksell on money: A reconstructed conversation 
Abstract:
	      <title>Abstract</title>		  The paper offers a
 reconstruction of the &#x2018;conversation&#x2019; between Irving Fisher
 and Knut Wicksell on money as shown by references they made to each
 other's works. The first phase corresponded largely to the period between
 1897 and 1911, when they proposed different explanations of the
 interaction between interest and prices, and incorporated aspects of each
 other's approaches into their own respective frameworks. This was followed
 by Wicksell's extended criticism of Fisher's compensated dollar plan and
 his bewilderment at its apparent lack of relation with the quantity theory
 of money (1912--1919). Finally, especially after Wicksell's death, Fisher
 came to support a significant part of Wicksell's monetary policy
 proposals, particularly in connection with the Swedish stabilisation
 experiment in the early 1930s. Fisher and Wicksell were both heirs of
 B&#xF6;hm-Bawerk's interest theory, but interpreted and criticised the
 Austrian from different perspectives, which helps to explain the
 differences in their approaches to monetary dynamics.		
Journal: The European Journal of the History of Economic Thought 
Pages: 206-237 
Issue: 2 
Volume: 20 
Year: 2013 
Month: 4 
X-DOI: 10.1080/09672567.2012.758757 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.758757 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:20:y:2013:i:2:p:206-237




Template-Type: ReDIF-Article 1.0
Author-Name: Sylvie Diatkine 
Author-X-Name-First: Sylvie 
Author-X-Name-Last: Diatkine 
Title: The reception of Fisher's <italic>Purchasing Power of Money</italic> in England 
Abstract:
	      <title>Abstract</title>		  This article will
 describe the critical reception of Fisher's book by the Cambrige authors. 
	    First, we will begin with a description of the relationship
 between Fisher (1911) and the British Monetary Orthodoxy. Next, we shall
 examine the relationship between Fisher (1911) and the Cambridge School
 and Hawtrey. This will lead into a study of Keynes&#x2019; comments on
 Fisher (1911). 	    We shall show that all referred positively to
 Fisher. However, they were also critical of Fisher's method and this was
 to contribute, in turn, to making their own analyses more precise, in
 particular regarding the role of credit.	   
Journal: The European Journal of the History of Economic Thought 
Pages: 238-260 
Issue: 2 
Volume: 20 
Year: 2013 
Month: 4 
X-DOI: 10.1080/09672567.2012.758758 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.758758 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:20:y:2013:i:2:p:238-260




Template-Type: ReDIF-Article 1.0
Author-Name: Rebeca Gomez Betancourt 
Author-X-Name-First: Rebeca 
Author-X-Name-Last: Gomez Betancourt 
Author-Name: J&#xe9;r&#xf4;me de Boyer des Roches 
Author-X-Name-First: J&#xe9;r&#xf4;me 
Author-X-Name-Last: de Boyer des Roches 
Title: Origins and developments of Irving Fisher's compensated dollar plan 
Abstract:
	      <title>Abstract</title>		  In 1911, Fisher published
 <italic>The Purchasing Power of Money</italic>. In chapter 13 of the first
 edition and in an appendix in the second section of 1913, he introduced a
 rule to maintain the stability of the level of prices, known as the
 &#x201C;compensated dollar&#x201D;. According to this rule, the legal
 definition of money is changed. In other words, the weight in gold of the
 dollar is modified once a month in order to impede the frequency of price
 changes on a basket of goods. According to Fisher, this plan would offer
 stability for the purchasing power of money. He sought to find an
 alternative system to the fixed price of gold under the Gold Standard. He
 wanted to introduce a dollar fixed in terms of its purchasing power, but
 variable in terms of its metallic weight. In this paper, we will focus on
 Fisher's analysis of the stability of money value and his position in the
 debate on the compensated dollar from 1909 to 1922. We will study the
 anticipations of Fisher's compensated dollar, the critical reception of
 Fisher's project and the evolutions it gave rise to, the gold exchange
 standard and the algebraic evidence. We also examine the debate's
 connections to the question of whether or not the compensated dollar plan
 is compatible with the quantity theory of money. We end with the analysis
 of the gold price elasticity of the net supply of gold, with an
 explanation of the relationship between the Yellowbacks and the varying
 price of the gold reserve.	     
Journal: The European Journal of the History of Economic Thought 
Pages: 261-283 
Issue: 2 
Volume: 20 
Year: 2013 
Month: 4 
X-DOI: 10.1080/09672567.2012.758755 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.758755 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:20:y:2013:i:2:p:261-283




Template-Type: ReDIF-Article 1.0
Author-Name: Robert W. Dimand 
Author-X-Name-First: Robert W. 
Author-X-Name-Last: Dimand 
Title: David Hume and Irving Fisher on the quantity theory of money in the long run and the short run 
Abstract:
	      <title>Abstract</title>		  David Hume's classic
 statement of the quantity theory of money and the specie-flow mechanism of
 international adjustment in 1752 and Irving Fisher's authoritative
 restatement of the quantity theory in 1911 shared a concern with
 simultaneously upholding both the long-run neutrality and the short-run
 non-neutrality of money. This paper compares their approaches to
 attempting this reconciliation of the long run and short run, noting their
 shared emphasis on &#x2018;illusion&#x2019; as the basis of short-run
 non-neutrality, and places their contributions in historical context. I
 argue that Hume and Fisher shared the same view of how automatic
 adjustment of the balance of payments worked under the gold standard, with
 Fisher's monetary reform proposals being an attempt to prevent the working
 of Hume's automatic adjustment mechanism.	    
Journal: The European Journal of the History of Economic Thought 
Pages: 284-304 
Issue: 2 
Volume: 20 
Year: 2013 
Month: 4 
X-DOI: 10.1080/09672567.2012.758760 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.758760 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:20:y:2013:i:2:p:284-304




Template-Type: ReDIF-Article 1.0
Author-Name: Michael Assous 
Author-X-Name-First: Michael 
Author-X-Name-Last: Assous 
Title: Irving Fisher's debt deflation analysis: From the <italic>Purchasing Power of Money</italic> (1911) to the <italic>Debt-deflation Theory of the Great Depression</italic> (1933) 
Abstract:
	      <title>Abstract</title>		  In 1933, Irving Fisher
 proposed an explanation for the Great Depression based on the distinction
 between the price level and price change effect of deflation in a context
 of over-indebtedness. This paper compares the debt-deflation theory of
 Fisher (1933) with the dynamic depression process he had expounded almost
 20&#xA0;years earlier in the <italic>Purchasing Power of Money</italic>
 (1911). The role played by both price level and price change effects in
 the analyses of Fisher (1933, 1911) are clarified in the context of the
 disequilibrium model of Tobin (1975). More precisely, we show that the
 stationary equilibrium is assumed to be locally unstable according to
 Fisher's 1911 insights and globally unstable according to his 1933
 analysis.	    
Journal: The European Journal of the History of Economic Thought 
Pages: 305-322 
Issue: 2 
Volume: 20 
Year: 2013 
Month: 4 
X-DOI: 10.1080/09672567.2012.762936 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.762936 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:20:y:2013:i:2:p:305-322




Template-Type: ReDIF-Article 1.0
Author-Name: Harald Hagemann 
Author-X-Name-First: Harald 
Author-X-Name-Last: Hagemann 
Title: The impact of Fisher's <italic>Purchasing Power of Money</italic> in the German Language Area 
Abstract:
	      <title>Abstract</title>		  The paper focuses on the
 reception of Fisher's <italic>Purchasing Power of Money</italic> in the
 German language area. Despite widespread hostility of German economists to
 quantity theory, it was Germany where Wicksell's <italic>Interest and
 Prices</italic> was published in 1898, and the first foreign language
 translation of Fisher's book appeared in 1916. The hyperinflation in the
 early 1920s contributed to a greater interest in Fisher's approach. Among
 those economists who took the equation of exchange not only as a heuristic
 device, but also made some notable contributions themselves were
 Schumpeter, Marschak and Neisser.	    
Journal: The European Journal of the History of Economic Thought 
Pages: 323-348 
Issue: 2 
Volume: 20 
Year: 2013 
Month: 4 
X-DOI: 10.1080/09672567.2012.753699 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.753699 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:20:y:2013:i:2:p:323-348




Template-Type: ReDIF-Article 1.0
Author-Name: Alain B�raud 
Author-X-Name-First: Alain 
Author-X-Name-Last: B�raud 
Title: French economists and <italic>the purchasing power of money</italic>              
Abstract:
	      <title>Abstract</title>		  When French economists
 read <italic>The Purchasing Power of Money</italic>, they were primarily
 interested in the equation of exchange and the reformulation that Fisher
 proposed regarding the quantity theory of money. This reading led them to
 ponder the meaning that should be given to this theory and to study its
 empirical significance. Some of them, namely Rueff and Divisia, went
 further still and considered Fisher's work as a starting point for their
 own analyses, which were related in particular to the monetary index, the
 integration of money into general equilibrium theory and the analysis of
 monetary phenomena in an open economy. 	 
Journal: The European Journal of the History of Economic Thought 
Pages: 349-371 
Issue: 2 
Volume: 20 
Year: 2013 
Month: 4 
X-DOI: 10.1080/09672567.2012.708771 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.708771 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:20:y:2013:i:2:p:349-371




Template-Type: ReDIF-Article 1.0
Author-Name: Florencia Sember 
Author-X-Name-First: Florencia 
Author-X-Name-Last: Sember 
Title: The reception of Irving Fisher in Argentina: Alejandro Bunge and Ra&#xFA;l Prebisch 
Abstract:
	      <title>Abstract</title>		  The reception of
 <italic>The Purchasing Power of Money</italic> in Argentina is not a case
 of &#x2018;passive&#x2019; reception of ideas. The main characters of the
 story told in this article had an active interaction with the ideas they
 received. Fisher's work was first diffused by Alejandro Bunge, who was
 interested in the construction of index numbers and corresponded with
 Fisher. Bunge's most prominent student was Ra&#xFA;l Prebisch, who
 integrated Fisher's description of the transition periods with some
 aspects of the works of Tugan-Baranowsky, Frank Taussig and John Williams
 to explain the economic cycle in Argentina.	      
Journal: The European Journal of the History of Economic Thought 
Pages: 372-398 
Issue: 2 
Volume: 20 
Year: 2013 
Month: 4 
X-DOI: 10.1080/09672567.2012.758756 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.758756 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:20:y:2013:i:2:p:372-398




Template-Type: ReDIF-Article 1.0
Author-Name: Klaus Hofmann 
Author-X-Name-First: Klaus 
Author-X-Name-Last: Hofmann 
Title: Beyond the principle of population: Malthus's Essay 
Abstract:
	      <title>Abstract</title>		  After an introductory
 section, this article reviews reasons and arguments establishing the
 invalidity of Malthus's construct of a &#x2018;principle of
 population&#x2019;. Section 3 propounds that Malthus's theory is located
 beyond the principle of population, with the oscillation figure as its
 centre. Section 4 takes note of the trajectory which the Essay describes
 between natural and moral science, assesses inequality and growth as the
 two focal points of Malthus's theory and eventually observes Malthus
 looking forward to a state beyond the dictates of growth.	    
Journal: The European Journal of the History of Economic Thought 
Pages: 399-425 
Issue: 3 
Volume: 20 
Year: 2013 
Month: 6 
X-DOI: 10.1080/09672567.2012.654805 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.654805 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:20:y:2013:i:3:p:399-425




Template-Type: ReDIF-Article 1.0
Author-Name: Guy Numa 
Author-X-Name-First: Guy 
Author-X-Name-Last: Numa 
Title: On the origins of vertical unbundling: The case of the French transportation industry in the nineteenth century 
Abstract:
	      <title>Abstract</title>		  This paper retraces the
 origins of the unbundling of infrastructure, which is a monopoly, from
 services, which are subject to competition. Using the case of the railroad
 industry in France, I examine how both natural monopoly theorists and
 legislation dealt with this subject in the nineteenth century. I argue
 that the origins of vertical unbundling date to this period with
 legislation pertaining to inland waterways and railroads. This was
 particularly the case for the railroad industry due to pricing and
 competition rationales. I analyze the writings of Dupuit and Walras, and
 show that they both agreed that infrastructure and services had to be
 unbundled for the inland waterways. In contrast, they expressed different
 justifications to defend the monopoly for the railroad industry. Following
 a chronological progression, the first section explores the origins of
 unbundling in legislation. The second section analyzes how theorists
 approached the way railroads had to be managed. Throughout, I highlight
 the interplay between their work and legislation.	    
Journal: The European Journal of the History of Economic Thought 
Pages: 426-438 
Issue: 3 
Volume: 20 
Year: 2013 
Month: 6 
X-DOI: 10.1080/09672567.2011.565354 
File-URL: http://hdl.handle.net/10.1080/09672567.2011.565354 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:20:y:2013:i:3:p:426-438




Template-Type: ReDIF-Article 1.0
Author-Name: Antonella Stirati 
Author-X-Name-First: Antonella 
Author-X-Name-Last: Stirati 
Title: Sraffa's 1930 manuscripts on the representative firm and Marshall's theory of value and business profit 
Abstract:
	      <title>Abstract</title>		  The present paper
 provides an account of Sraffa's unpublished manuscripts on the
 representative firm in Marshall's theory of value and business profits and
 some background to their contents. In addition to their historical
 interest, the old debates on this notion might stir new reflections on a
 concept that Sraffa considered &#x2018;obsolete&#x2019; back in the 1930s,
 but is still very much in use. 	 
Journal: The European Journal of the History of Economic Thought 
Pages: 439-465 
Issue: 3 
Volume: 20 
Year: 2013 
Month: 6 
X-DOI: 10.1080/09672567.2011.565357 
File-URL: http://hdl.handle.net/10.1080/09672567.2011.565357 
File-Format: text/html
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Template-Type: ReDIF-Article 1.0
Author-Name: Amedeo Fossati 
Author-X-Name-First: Amedeo 
Author-X-Name-Last: Fossati 
Title: Vilfredo Pareto's influence on the Italian tradition in public finance: A critical assessment of Mauro Fasiani's appraisal 
Abstract:
	      <title>Abstract</title>		  Even if Pareto never
 worked in public finance, he had some influence on the Italian public
 finance scholars. This paper aims to direct new light onto such a
 methodological influence. Firstly, it is pointed out that the Paretian
 idea of science deeply influenced the late scholars of the Italian
 tradition. Secondly, it is shown that Paretian sociology was less
 important than his economic methodology. Thirdly, it is argued that, in a
 generalized Paretian approach, most public policies may be studied under
 economic hypothesis; it remains true that, in the Paretian approach,
 public choices may be explained by sociological reasoning only.	  
Journal: The European Journal of the History of Economic Thought 
Pages: 466-488 
Issue: 3 
Volume: 20 
Year: 2013 
Month: 6 
X-DOI: 10.1080/09672567.2011.592847 
File-URL: http://hdl.handle.net/10.1080/09672567.2011.592847 
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Handle: RePEc:taf:eujhet:v:20:y:2013:i:3:p:466-488




Template-Type: ReDIF-Article 1.0
Author-Name: Erik K. Olsen 
Author-X-Name-First: Erik K. 
Author-X-Name-Last: Olsen 
Title: The comparability of the aggregates revisited 
Abstract:
	      <title>Abstract</title>		  This article addresses a
 longstanding controversy over the comparability of the economic accounting
 aggregates used by Marx in <italic>Capital</italic> with those used by
 Keynes in the <italic>General Theory</italic>. It demonstrates that
 Tsuru's highly-regarded works on this issue, which are the standard
 references on the topic, contain significant errors. These errors led
 several influential readers to conclude either that there are significant
 differences between the two sets of aggregates that do not actually exist,
 or that Marx's aggregates are fundamentally flawed and, by implication,
 that his entire theoretical schema is also. The effect of these problems
 has been to obscure the relation between Marxian and Keynesian theories
 rather than clarify it, as well as to foster confusion over some very
 basic issues in Marxian theory. This paper identifies the mistakes in
 Tsuru's work, and provides the correct mapping between the two sets of
 aggregates.	      
Journal: The European Journal of the History of Economic Thought 
Pages: 489-512 
Issue: 3 
Volume: 20 
Year: 2013 
Month: 6 
X-DOI: 10.1080/09672567.2011.592845 
File-URL: http://hdl.handle.net/10.1080/09672567.2011.592845 
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Handle: RePEc:taf:eujhet:v:20:y:2013:i:3:p:489-512




Template-Type: ReDIF-Article 1.0
Author-Name: Ryan Walter 
Author-X-Name-First: Ryan 
Author-X-Name-Last: Walter 
Title: Foundations of Modern International Thought 
Journal: The European Journal of the History of Economic Thought 
Pages: 513-517 
Issue: 3 
Volume: 20 
Year: 2013 
Month: 6 
X-DOI: 10.1080/09672567.2013.795359 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.795359 
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Handle: RePEc:taf:eujhet:v:20:y:2013:i:3:p:513-517




Template-Type: ReDIF-Article 1.0
Author-Name: Sylvie Rivot 
Author-X-Name-First: Sylvie 
Author-X-Name-Last: Rivot 
Title: The Great Persuasion. Reinventing Free Markets since the Depression 
Journal: The European Journal of the History of Economic Thought 
Pages: 517-522 
Issue: 3 
Volume: 20 
Year: 2013 
Month: 6 
X-DOI: 10.1080/09672567.2013.795360 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.795360 
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Template-Type: ReDIF-Article 1.0
Author-Name: Thierry Demals 
Author-X-Name-First: Thierry 
Author-X-Name-Last: Demals 
Title: Revolutionary Commerce. Globalization and the French Monarchy 
Journal: The European Journal of the History of Economic Thought 
Pages: 522-532 
Issue: 3 
Volume: 20 
Year: 2013 
Month: 6 
X-DOI: 10.1080/09672567.2013.795361 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.795361 
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Handle: RePEc:taf:eujhet:v:20:y:2013:i:3:p:522-532




Template-Type: ReDIF-Article 1.0
Author-Name: Alessandro Roncaglia 
Author-X-Name-First: Alessandro 
Author-X-Name-Last: Roncaglia 
Title: William Petty and the Ambitions of Political Arithmetick 
Journal: The European Journal of the History of Economic Thought 
Pages: 532-536 
Issue: 3 
Volume: 20 
Year: 2013 
Month: 6 
X-DOI: 10.1080/09672567.2013.795362 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.795362 
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Handle: RePEc:taf:eujhet:v:20:y:2013:i:3:p:532-536




Template-Type: ReDIF-Article 1.0
Author-Name: Susumu Takenaga 
Author-X-Name-First: Susumu 
Author-X-Name-Last: Takenaga 
Title: Essays on Marx's theory of money 
Journal: The European Journal of the History of Economic Thought 
Pages: 536-542 
Issue: 3 
Volume: 20 
Year: 2013 
Month: 6 
X-DOI: 10.1080/09672567.2013.795364 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.795364 
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Handle: RePEc:taf:eujhet:v:20:y:2013:i:3:p:536-542




Template-Type: ReDIF-Article 1.0
Author-Name: Romuald Dupuy 
Author-X-Name-First: Romuald 
Author-X-Name-Last: Dupuy 
Title: The physiocrats' concept of labour: A difficulty in Marx's interpretation 
Abstract:
	      <title>Abstract</title>		  This article explains the
 difference between the concept of labour developed by the Physiocrats and
 Marx. We show that Marx's interpretation based on Turgot is questionable.
 Whereas Marx bases his ideas on a Lockian definition of labour which puts
 labour at the origin of value, Quesnay and his disciples develop a
 mechanistic definition of labour established on Neo-Cartesian foundations.
 This particular concept of labour then combines with a bio-physical
 definition of production. The theory of the net product is therefore
 re-interpreted.	  
Journal: The European Journal of the History of Economic Thought 
Pages: 695-714 
Issue: 5 
Volume: 20 
Year: 2013 
Month: 10 
X-DOI: 10.1080/09672567.2011.653882 
File-URL: http://hdl.handle.net/10.1080/09672567.2011.653882 
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Handle: RePEc:taf:eujhet:v:20:y:2013:i:5:p:695-714




Template-Type: ReDIF-Article 1.0
Author-Name: Sylvie Diatkine 
Author-X-Name-First: Sylvie 
Author-X-Name-Last: Diatkine 
Title: Monetary policy on interest rates: a retrospective analysis since Thornton 
Abstract:
	      <title>Abstract</title>		  In response to the
 affirmation by certain authors and critics of a recent return to an
 interest-rate policy that, in their opinion, resembles a throwback to the
 nineteenth century theory of monetary policy on interest rates, I pose the
 question of the difficulties of interest-rate policy in a retrospective
 analysis beginning with the current that founded the short-term interest
 rate policy within classical analysis and by focusing my discussion on
 several key authors (Thornton, Banking School, Bagehot, Wicksell, Keynes,
 contemporary authors such as Woodford). To this end, I study the
 importance that the interbank money market plays for these authors, which
 determines the target rate for the central bank.	   
Journal: The European Journal of the History of Economic Thought 
Pages: 715-740 
Issue: 5 
Volume: 20 
Year: 2013 
Month: 10 
X-DOI: 10.1080/09672567.2011.653881 
File-URL: http://hdl.handle.net/10.1080/09672567.2011.653881 
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Handle: RePEc:taf:eujhet:v:20:y:2013:i:5:p:715-740




Template-Type: ReDIF-Article 1.0
Author-Name: Virginie Gouverneur 
Author-X-Name-First: Virginie 
Author-X-Name-Last: Gouverneur 
Title: Mill versus Jevons on traditional sexual division of labour: Is gender equality efficient? 
Abstract:
	      <title>Abstract</title>		  The question of the
 legitimacy of traditional sexual division of labour receives growing
 attention from contemporary economists. In particular, a debate takes
 place between the "New Home Economics", which stresses the efficiency of
 the traditional arrangement and economists questioning the justice of the
 relations between sexes. The same kind of opposition appears between two
 Victorian economists: J.S. Mill and W.S. Jevons. Although both are
 utilitarian, they adopt contrary views about the relative importance of
 efficiency and justice in the definition of appropriate gender relations.
 While Mill aims at conciliating justice and utility, Jevons considers that
 utility outweighs justice.	     
Journal: The European Journal of the History of Economic Thought 
Pages: 741-775 
Issue: 5 
Volume: 20 
Year: 2013 
Month: 10 
X-DOI: 10.1080/09672567.2011.653883 
File-URL: http://hdl.handle.net/10.1080/09672567.2011.653883 
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Template-Type: ReDIF-Article 1.0
Author-Name: Roberto Marchionatti 
Author-X-Name-First: Roberto 
Author-X-Name-Last: Marchionatti 
Author-Name: Francesco Cassata 
Author-X-Name-First: Francesco 
Author-X-Name-Last: Cassata 
Author-Name: Giandomenica Becchio 
Author-X-Name-First: Giandomenica 
Author-X-Name-Last: Becchio 
Author-Name: Fiorenzo Mornati 
Author-X-Name-First: Fiorenzo 
Author-X-Name-Last: Mornati 
Title: When Italian economics "Was Second to None". Luigi Einaudi and the Turin School of Economics 
Abstract:
	      <title>Abstract</title>		  The article is dedicated
 to the work of a group of economists that was an important expression of a
 fertile season of Italian economics, in the period from the mid-1890s to
 the end of 1930s, which developed around the figure of Luigi Einaudi, and
 earlier, around that of his master Cognetti de Martiis. This School
 expressed a range of thought of high value in the political and economic
 sphere. In the economic field, the School established a fertile relation
 between historical--empirical work and economic theory; in the political
 field it investigated the relation between freedom and economic order.     
Journal: The European Journal of the History of Economic Thought 
Pages: 776-811 
Issue: 5 
Volume: 20 
Year: 2013 
Month: 10 
X-DOI: 10.1080/09672567.2011.653885 
File-URL: http://hdl.handle.net/10.1080/09672567.2011.653885 
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Template-Type: ReDIF-Article 1.0
Author-Name: Robert Urquhart 
Author-X-Name-First: Robert 
Author-X-Name-Last: Urquhart 
Title: Taking the modern for nature: methodological individualism as an interesting mistake 
Abstract:
	      <title>Abstract</title>		  Marx claims that what
 early modern writers took as the isolated individual in nature, was
 actually the individual in modern civil society. This is a mistake, but an
 interesting one. The paper traces the idea of the methodological
 individualist isolated individual in Hobbes, Locke, Bentham, Austrian and
 neoclassical economics. The idea is untenable because it prevents a
 distinction between the individual and the economy in which it supposedly
 pursues its interest. But the mistake pushes beyond itself, pointing to a
 tenable alternative, plural individuality. The alternative view is thus
 grounded in its contrary, rather than simply rejecting it.	     
Journal: The European Journal of the History of Economic Thought 
Pages: 812-844 
Issue: 5 
Volume: 20 
Year: 2013 
Month: 10 
X-DOI: 10.1080/09672567.2011.653880 
File-URL: http://hdl.handle.net/10.1080/09672567.2011.653880 
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Template-Type: ReDIF-Article 1.0
Author-Name: Heinz D. Kurz 
Author-X-Name-First: Heinz D. 
Author-X-Name-Last: Kurz 
Title: Unintended consequences: on the political economy of Karl Marx 
Journal: The European Journal of the History of Economic Thought 
Pages: 845-849 
Issue: 5 
Volume: 20 
Year: 2013 
Month: 10 
X-DOI: 10.1080/09672567.2013.833673 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.833673 
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Template-Type: ReDIF-Article 1.0
Author-Name: Ana Maria Bianchi 
Author-X-Name-First: Ana Maria 
Author-X-Name-Last: Bianchi 
Title: Economists in the Americas  
Journal: The European Journal of the History of Economic Thought 
Pages: 850-853 
Issue: 5 
Volume: 20 
Year: 2013 
Month: 10 
X-DOI: 10.1080/09672567.2013.833674 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.833674 
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Template-Type: ReDIF-Article 1.0
Author-Name: Pat Hudson 
Author-X-Name-First: Pat 
Author-X-Name-Last: Hudson 
Title: A Bibliography of Female Economic Thought to 1940  
Journal: The European Journal of the History of Economic Thought 
Pages: 853-854 
Issue: 5 
Volume: 20 
Year: 2013 
Month: 10 
X-DOI: 10.1080/09672567.2013.833675 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.833675 
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Template-Type: ReDIF-Article 1.0
Author-Name: Thomas Hopkins 
Author-X-Name-First: Thomas 
Author-X-Name-Last: Hopkins 
Title: Jean-Baptiste Say: Revolutionary, Entrepreneur, Economist 
Journal: The European Journal of the History of Economic Thought 
Pages: 854-857 
Issue: 5 
Volume: 20 
Year: 2013 
Month: 10 
X-DOI: 10.1080/09672567.2013.833677 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.833677 
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Template-Type: ReDIF-Article 1.0
Author-Name: Gilbert Faccarello 
Author-X-Name-First: Gilbert 
Author-X-Name-Last: Faccarello 
Author-Name: Harald Hagemann 
Author-X-Name-First: Harald 
Author-X-Name-Last: Hagemann 
Author-Name: Danila Raskov 
Author-X-Name-First: Danila 
Author-X-Name-Last: Raskov 
Author-Name: Amos Witztum 
Author-X-Name-First: Amos 
Author-X-Name-Last: Witztum 
Title: Editors' note 
Journal: The European Journal of the History of Economic Thought 
Pages: 863-864 
Issue: 6 
Volume: 20 
Year: 2013 
Month: 12 
X-DOI: 10.1080/09672567.2013.861280 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.861280 
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Template-Type: ReDIF-Article 1.0
Author-Name: Annalisa Rosselli 
Author-X-Name-First: Annalisa 
Author-X-Name-Last: Rosselli 
Title: Economic history and history of economics: In praise of an old relationship 
Abstract:
				 <title>Abstract</title>This paper argues
 against the distance which has been growing between economic history and
 history of economic thought (HET). Two examples, drawn from the history of
 monetary theory, are provided of how neglecting the historical background
 may lead to erroneous interpretations and prevent a correct assessment of
 the position that a work occupies in the HET. The first relates to the
 interpretation of Ricardo's theory of money. The second discusses the
 so-called inconsistencies between metallist and cartalist positions that
 can be detected in many pre-Smithian writers on money. 		  
Journal: The European Journal of the History of Economic Thought 
Pages: 865-881 
Issue: 6 
Volume: 20 
Year: 2013 
Month: 12 
X-DOI: 10.1080/09672567.2013.838979 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.838979 
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Template-Type: ReDIF-Article 1.0
Author-Name: Julie Ferrand 
Author-X-Name-First: Julie 
Author-X-Name-Last: Ferrand 
Title: Mably and the liberalisation of the grain trade: An economically and socially inefficient policy 
Abstract:
				 <title>Abstract</title>Mably wrote
 <italic>Du Commerce des grains</italic> in 1775, in which he exposed his
 hostility against the liberalisation of grain trade as well as
 Physiocracy. During the <italic>Guerre des Farines</italic>, he denounced
 the economic and social inefficiency of such a policy. According to Mably,
 justifying free trade as a means of compensation for insufficient demand
 was a "non-sense". The mistake committed by Physiocrats was that of
 envisaging the possibility of pursuing a supply policy without taking into
 account the divergent interests of economic actors, in particular those of
 the owners and the non-owners. 		      
Journal: The European Journal of the History of Economic Thought 
Pages: 882-905 
Issue: 6 
Volume: 20 
Year: 2013 
Month: 12 
X-DOI: 10.1080/09672567.2013.852602 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.852602 
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Handle: RePEc:taf:eujhet:v:20:y:2013:i:6:p:882-905




Template-Type: ReDIF-Article 1.0
Author-Name: Ivan Moscati 
Author-X-Name-First: Ivan 
Author-X-Name-Last: Moscati 
Title: How cardinal utility entered economic analysis: 1909--1944 
Abstract:
				 <title>Abstract</title>The paper
 illustrates the methodological and analytical issues that characterised,
 as well as the personal and institutional aspects that informed the
 discussions leading to the definition of the current notion of cardinal
 utility as utility unique up to positive linear transformations. As
 originally this type of utility was not called 'cardinal', the paper also
 investigates the terminological question of when and how the expression
 'cardinal' was coupled with positive linear transformations. In opposition
 to existing narratives, the paper shows that cardinal utility entered
 economic analysis between 1909 and 1944, that is, during the ordinal
 revolution in utility theory.			       
Journal: The European Journal of the History of Economic Thought 
Pages: 906-939 
Issue: 6 
Volume: 20 
Year: 2013 
Month: 12 
X-DOI: 10.1080/09672567.2013.825001 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.825001 
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Handle: RePEc:taf:eujhet:v:20:y:2013:i:6:p:906-939




Template-Type: ReDIF-Article 1.0
Author-Name: Simon John Cook 
Author-X-Name-First: Simon John 
Author-X-Name-Last: Cook 
Title: Race and nation in Marshall's histories 
Abstract:
				 <title>Abstract</title>The paper makes a
 plea for engaging with the racist components of past thought as opposed to
 either ignoring them or exploiting them for the sake of propaganda. The
 case of Alfred Marshall is used to illustrate how facing the idea of race
 in past thinkers can generate valuable insights in the history of
 economics. The main body of the paper traces the development of Marshall's
 idea of race. It further points to a gap between this idea and some of his
 written statements, which it explains as following from Marshall's anxiety
 that his historical introduction to his <italic>Principles of
 Economics</italic> (1890) not appear out-of-date. The derivation of
 Marshall's idea of race is connected to the derivation of his idea of
 nationality. Where ties of blood and common descent provided the social
 bond in primitive and ancient societies, an internal principle of
 nationality provides the equivalent for modern nations. But this principle
 of nationality is seen to be a general principle of social identity of
 profound relevance for understanding our early twenty-first-century
 societies and standing at the heart of the recent 'Marshallian revival'.
 An inquiry into Marshall's idea of race thus indirectly generates insight
 into the intellectual roots of contemporary Marshallian ideas. 	    
Journal: The European Journal of the History of Economic Thought 
Pages: 940-956 
Issue: 6 
Volume: 20 
Year: 2013 
Month: 12 
X-DOI: 10.1080/09672567.2013.815243 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.815243 
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Handle: RePEc:taf:eujhet:v:20:y:2013:i:6:p:940-956




Template-Type: ReDIF-Article 1.0
Author-Name: Geoffrey M. Hodgson 
Author-X-Name-First: Geoffrey M. 
Author-X-Name-Last: Hodgson 
Title: Come back Marshall, all is forgiven? Complexity, evolution, mathematics and Marshallian exceptionalism 
Abstract:
				 <title>Abstract</title>Marshall was the
 great synthesiser of neoclassical economics. Yet with his qualified
 assumption of self-interest, his emphasis on variation in economic
 evolution and his cautious attitude to the use of mathematics, Marshall
 differs fundamentally from other leading neoclassical contemporaries.
 Metaphors inspire more specific analogies and ontological assumptions, and
 Marshall used the guiding metaphor of Spencerian evolution. But
 unfortunately, the further development of a Marshallian evolutionary
 approach was undermined in part by theoretical problems within Spencer's
 theory. Yet some things can be salvaged from the Marshallian evolutionary
 vision. They may even be placed in a more viable Darwinian framework.	    
Journal: The European Journal of the History of Economic Thought 
Pages: 957-981 
Issue: 6 
Volume: 20 
Year: 2013 
Month: 12 
X-DOI: 10.1080/09672567.2013.815245 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.815245 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:20:y:2013:i:6:p:957-981




Template-Type: ReDIF-Article 1.0
Author-Name: Ghislain Deleplace 
Author-X-Name-First: Ghislain 
Author-X-Name-Last: Deleplace 
Title: Marshall and Ricardo on note convertibility and bimetallism 
Abstract:
				 <title>Abstract</title>In 1887 Marshall
 proposed a convertibility scheme which extended Ricardo's Ingot plan to
 bimetallism. Such an extension seems surprising, since Ricardo always
 firmly opposed bimetallism on the grounds of its instability. The question
 thus arises of whether the Ingot plan, conceived by Ricardo for a
 single-standard monetary system, is consistent with Marshall's extension
 of it to a double-standard one. The paper analyses Marshall's scheme for
 "stable bimetallism" and shows that it could not guarantee monetary
 stability, concluding that Marshall did not simply extend Ricardo's plan
 but adopted a different view of a standard-based monetary system and,
 indeed, of money itself.			 
Journal: The European Journal of the History of Economic Thought 
Pages: 982-999 
Issue: 6 
Volume: 20 
Year: 2013 
Month: 12 
X-DOI: 10.1080/09672567.2013.815244 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.815244 
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Handle: RePEc:taf:eujhet:v:20:y:2013:i:6:p:982-999




Template-Type: ReDIF-Article 1.0
Author-Name: C�cile Dangel-Hagnauer 
Author-X-Name-First: C�cile 
Author-X-Name-Last: Dangel-Hagnauer 
Title: Schumpeter's institution of money: Slipping off the border of economic theory and landing in economic sociology 
Abstract:
				 <title>Abstract</title>In contrast with
 Schumpeter's theory of credit and banking, expounded in definitive form in
 <italic>The Theory of Economic Development</italic>, his theory of money
 took on successive forms over the years, starting with an attempt at its
 integration within the general equilibrium framework, and gradually
 assuming institutional traits, most notably in his posthumously published
 manuscript, <italic>The Theory of Money and Banking</italic>. This paper
 traces this evolution and explores the difficulties met when attempting to
 delimit the disciplinal field to which Schumpeter's 'science of money'
 pertains.			   
Journal: The European Journal of the History of Economic Thought 
Pages: 1000-1031 
Issue: 6 
Volume: 20 
Year: 2013 
Month: 12 
X-DOI: 10.1080/09672567.2013.856454 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.856454 
File-Format: text/html
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Template-Type: ReDIF-Article 1.0
Author-Name: Omar Ottonelli 
Author-X-Name-First: Omar 
Author-X-Name-Last: Ottonelli 
Title: Dealing with a dangerous golem: Gino Arias's corporative proposal 
Abstract:
				 <title>Abstract</title>Gino Arias
 (1879--1940) had made his academic debut as a legal historian and devoted
 himself to economics at the end of the first decade of the twentieth
 century. As a prominent nationalist, he joined the Fascist regime from its
 very beginning and in 1925 was named official speaker of the Presidential
 Committee for the study of constitutional reforms. The laws suggested by
 the Commission were the first step towards the gradual 'corporatisation'
 of the Italian society, a process that Gino Arias encouraged through many
 essays and writings that appeared in the main Fascist journals and
 newspapers. This paper seeks to analyse Arias's fate during the rest of
 the 1920s and 1930s that would eventually lead to a rather dramatic and
 paradoxical ending: the flight of the 'Jewish' Gino Arias to Argentina,
 due to Fascist racial laws. Gino Arias's elaboration of the
 'revolutionary' corporatist economy is based on an original reformulation
 of the individuals' economic motive. Arias moved from the traditional
 self-interest motive to a new and particular <italic>affectio
 societatis</italic>, an hypothesis, although far from being realistic,
 that was necessary to give corporatism a sound theoretical foundation. The
 elaboration of Arias's speculative analysis was strictly related to
 government's economic policies throughout the Twenties and the Thirties
 and cannot be understood without referring to the institutionalisation of
 Fascist corporatism. Arias's <italic>affectio societatis</italic>
 represents in fact the theoretical formulation of a widespread cultural
 process and as such will be examined in this paper.			
Journal: The European Journal of the History of Economic Thought 
Pages: 1032-1070 
Issue: 6 
Volume: 20 
Year: 2013 
Month: 12 
X-DOI: 10.1080/09672567.2013.825002 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.825002 
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Template-Type: ReDIF-Article 1.0
Author-Name: Anna Maria Carabelli 
Author-X-Name-First: Anna Maria 
Author-X-Name-Last: Carabelli 
Author-Name: Mario Aldo Cedrini 
Author-X-Name-First: Mario Aldo 
Author-X-Name-Last: Cedrini 
Title: Further issues on the Keynes--Hume connection relating to the theory of financial markets in the <italic>General Theory</italic> 				 
Abstract:
				 <title>Abstract</title>A basic
 presupposition of the rediscovery, in the times of the crisis, of chapter
 12 of the <italic>General Theory</italic> is that Keynes's treatment of
 financial markets, and particularly the use of the notion of convention,
 represents a crucial novelty in both his economics and philosophy. The
 article offers complicating remarks to critically discuss this
 interpretation. In particular, we analyse the complex Keynes--Hume
 theoretical connection in light of the Keynes--Sraffa correspondence on
 Hume's <italic>Abstract</italic>, and emphasise the theoretical legacy of
 Keynes's 1910 lectures on speculation for the analysis of financial
 markets in the <italic>General Theory</italic>.			
Journal: The European Journal of the History of Economic Thought 
Pages: 1071-1100 
Issue: 6 
Volume: 20 
Year: 2013 
Month: 12 
X-DOI: 10.1080/09672567.2013.792377 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.792377 
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Handle: RePEc:taf:eujhet:v:20:y:2013:i:6:p:1071-1100




Template-Type: ReDIF-Article 1.0
Author-Name: Denis V. Kadochnikov 
Author-X-Name-First: Denis V. 
Author-X-Name-Last: Kadochnikov 
Title: Gustav Cassel's purchasing power parity doctrine in the context of his views on international economic policy coordination 
Abstract:
				 <title>Abstract</title>Gustav Cassel
 (1866--1945) has formulated a number of original ideas concerning
 international economics and finance. These include what possibly was one
 of the earliest theoretical visions of the goals and scope of
 international economic policy coordination. However, these ideas largely
 remained unnoticed or were forgotten after his death. To a large extent,
 it is due to the fact that Cassel's comprehensive theoretical framework
 was subject to later fragmentation, while one of the key elements of his
 argumentation -- the purchasing power parity (PPP) doctrine -- was taken
 out of the context and subsequently misinterpreted. The paper aims to
 reconstruct Cassel's vision of the goals and tools of the international
 economic policy coordination and to present PPP doctrine in the original
 theoretical framework. 			
Journal: The European Journal of the History of Economic Thought 
Pages: 1101-1121 
Issue: 6 
Volume: 20 
Year: 2013 
Month: 12 
X-DOI: 10.1080/09672567.2013.824999 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.824999 
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Handle: RePEc:taf:eujhet:v:20:y:2013:i:6:p:1101-1121




Template-Type: ReDIF-Article 1.0
Author-Name: Ivo Maes 
Author-X-Name-First: Ivo 
Author-X-Name-Last: Maes 
Title: On the origins of the Triffin dilemma 
Abstract:
				 <title>Abstract</title>Robert Triffin
 became famous with his trenchant analyses of the vulnerabilities of the
 Bretton Woods system. These are still at the centre of many discussions
 today. This article argues that there is a remarkable continuity in
 Triffin's work. From his earliest writings, Triffin developed a vision
 that the international adjustment process was not functioning according to
 the classical mechanisms. This view was based on thorough empirical
 analyses of the Belgian economy during the Great Depression and shaped by
 a business cycle perspective with an emphasis on the disequilibria and the
 transition period. His doctoral dissertation on imperfect competition
 theory and his Latin American experience further reinforced this basic
 view.			       
Journal: The European Journal of the History of Economic Thought 
Pages: 1122-1150 
Issue: 6 
Volume: 20 
Year: 2013 
Month: 12 
X-DOI: 10.1080/09672567.2013.852601 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.852601 
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Handle: RePEc:taf:eujhet:v:20:y:2013:i:6:p:1122-1150




Template-Type: ReDIF-Article 1.0
Author-Name: Jos&#xe9; Lu&#xed;s Cardoso 
Author-X-Name-First: Jos&#xe9; Lu&#xed;s 
Author-X-Name-Last: Cardoso 
Author-Name: Gilbert Faccarello 
Author-X-Name-First: Gilbert 
Author-X-Name-Last: Faccarello 
Author-Name: Heinz D. Kurz 
Author-X-Name-First: Heinz D. 
Author-X-Name-Last: Kurz 
Author-Name: Antoin E. Murphy 
Author-X-Name-First: Antoin E. 
Author-X-Name-Last: Murphy 
Title: Editorial 
Journal: The European Journal of the History of Economic Thought 
Pages: 1-3 
Issue: 1 
Volume: 21 
Year: 2014 
Month: 2 
X-DOI: 10.1080/09672567.2014.882128 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.882128 
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Template-Type: ReDIF-Article 1.0
Author-Name: Fabio Monsalve 
Author-X-Name-First: Fabio 
Author-X-Name-Last: Monsalve 
Title: Scholastic just price versus current market price: is it merely a matter of labelling? 
Abstract:
	      		  From an analytical point
 of view, some aspects of Just Price theory, probably the most famous and
 lasting scholastic concept, remain controversial: the cost-of-production
 versus the subjective-utility theory of value is a main controversy as
 well as the question of whether the natural just price is conceptually the
 same as the current market price. Strictly speaking, just price
 isconceptually the same as the current market price. Of concern is whether
 the meaning behind the label is the same in both scholastic and liberal
 traditions. There are different interpretations among scholars. One is
 that the just price is merely the current market price, and common
 estimation plays the same role as market forces in a competitive context.
 Another group states that the just price is quite different from the
 market price; the fundamental reason is that the ethical framework of the
 scholastic paradigm sets a corpus of principles that greatly differs from
 the neoclassical homo economicus. Is it possible to speak of a
 collaborative market price (scholastic tradition) and competitive market
 price (liberal tradition)? This article tries to dig into such debate and
 reflects on the morality of the market price.		
Journal: The European Journal of the History of Economic Thought 
Pages: 4-20 
Issue: 1 
Volume: 21 
Year: 2014 
Month: 2 
X-DOI: 10.1080/09672567.2012.683019 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.683019 
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Template-Type: ReDIF-Article 1.0
Author-Name: Tony Aspromourgos 
Author-X-Name-First: Tony 
Author-X-Name-Last: Aspromourgos 
Title: Entrepreneurship, risk and income distribution in Adam Smith 
Abstract:
	      		  The treatment of
 functional income distribution in classical economics has commonly been
 interpreted in terms of a tripartite distinction between the roles of, and
 the returns to, labour, capital and land, with the classical income
 distribution theories explaining the determination of rates of wages,
 profits and rents. Is there then any distinct role for entrepreneurship in
 the classical approach to distribution and prices? Is it absent from those
 theories, or subsumed under other economic functions? How is entrepreneur
 remuneration understood, if theorised at all? These questions are
 addressed in relation to the political economy of Adam Smith in
 particular.	      
Journal: The European Journal of the History of Economic Thought 
Pages: 21-40 
Issue: 1 
Volume: 21 
Year: 2014 
Month: 2 
X-DOI: 10.1080/09672567.2012.683025 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.683025 
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:1:p:21-40




Template-Type: ReDIF-Article 1.0
Author-Name: Stephen Meardon 
Author-X-Name-First: Stephen 
Author-X-Name-Last: Meardon 
Title: Negotiating free trade in fact and theory: the diplomacy and doctrine of Condy Raguet 
Abstract:
	      		  Condy Raguet (1784-1842)
 was the first Charg� d'Affaires from the United States to Brazil and a
 conspicuous author of political economy from the 1820s to the early 1840s.
 He contributed to the era's free-trade doctrine as editor of influential
 periodicals, most notably <italic>The Banner of the Constitution</italic>.
 Before leading the free-trade cause, however, he was poised to negotiate a
 reciprocity treaty between the United States and Brazil, acting under the
 authority of Secretary of State and protectionist apostle Henry Clay.
 Raguet's career and ideas provide a window into the uncertain relationship
 of reciprocity to the cause of free trade.	     
Journal: The European Journal of the History of Economic Thought 
Pages: 41-77 
Issue: 1 
Volume: 21 
Year: 2014 
Month: 2 
X-DOI: 10.1080/09672567.2012.683027 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.683027 
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Template-Type: ReDIF-Article 1.0
Author-Name: Javier San-Juli�n-Arrupe 
Author-X-Name-First: Javier 
Author-X-Name-Last: San-Juli�n-Arrupe 
Title: The institutionalisation of political economy in Italy and Spain (1860-1900): a comparative approach 
Abstract:
	      		  The process of
 institutionalisation of political economy has become of increasing
 interest in tracing the evolution of economic thought. This paper presents
 a comparison of the development of these processes in Italy and Spain,
 through the analysis of the presence of political economy in some
 institutions in both countries between 1860 and 1900: universities,
 economic associations, economic journals and national parliaments. This
 essay aims at supplying new insights to the consolidation of economics as
 a scientific and socially appreciated field of knowledge, and exploring
 the influence of the form of institutionalisation on the economic ideas
 diffused in a particular country.	    
Journal: The European Journal of the History of Economic Thought 
Pages: 78-106 
Issue: 1 
Volume: 21 
Year: 2014 
Month: 2 
X-DOI: 10.1080/09672567.2012.683018 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.683018 
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:1:p:78-106




Template-Type: ReDIF-Article 1.0
Author-Name: Alla Semenova 
Author-X-Name-First: Alla 
Author-X-Name-Last: Semenova 
Title: Carl Menger's theory of money's origins: Responding to revisionism 
Abstract:
	      		  This article disputes the
 validity of the revisionist accounts of Carl Menger's theory of money's
 origins. While Menger's monetary thought underwent a complicated process
 of development and his later works reflected new Chartalist insights,
 Menger never escaped the theoretical framework of the spontaneous origins
 of the monetary unit, devoid of any action or intervention by the state.
 The role of the state in Menger's monetary theory was always confined to
 the later stages of money's development. While Menger once admitted a
 possibility of money's origins by the influence of public authority, he
 never incorporated it into his overall theoretical framework.		
Journal: The European Journal of the History of Economic Thought 
Pages: 107-141 
Issue: 1 
Volume: 21 
Year: 2014 
Month: 2 
X-DOI: 10.1080/09672567.2012.683017 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.683017 
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:1:p:107-141




Template-Type: ReDIF-Article 1.0
Author-Name: Saverio M. Fratini 
Author-X-Name-First: Saverio M. 
Author-X-Name-Last: Fratini 
Title: The Hicks-Malinvaud average period of production and 'marginal productivity': A critical assessment 
Abstract:
	      		  Malinvaud took up the
 concept of the average period of production introduced by Hicks in
 <italic>Value and Capital</italic> and then <italic>Capital and
 Time</italic>, in an article of 2003 celebrating Wicksell's contribution
 to the theory of capital, where he observed that once techniques are
 ranked according to the average period for a given initial rate of
 interest, a rise in the rate of interest entails the use of a technique
 with a shorter average period. After a brief reconstruction of Malinvaud's
 argument, it is shown that the result is far less encouraging for
 neoclassical theory than it might seem. The most important problem is not
 the fact that change in the interest rate affects the average period of
 production associated with a technique, despite the concern this aroused
 in Hicks and Malinvaud, but rather that it affects the ranking of
 techniques. An example with two techniques is used to show that a rise in
 the rate of interest entails the use of a technique with a shorter average
 period even in the case of reswitching simply because the ranking of
 techniques is inverted at the two switch points.	   
Journal: The European Journal of the History of Economic Thought 
Pages: 142-157 
Issue: 1 
Volume: 21 
Year: 2014 
Month: 2 
X-DOI: 10.1080/09672567.2012.683022 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.683022 
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Template-Type: ReDIF-Article 1.0
Author-Name: Ghislain Deleplace 
Author-X-Name-First: Ghislain 
Author-X-Name-Last: Deleplace 
Title: Monetary Theory and Policy from Hume and Smith to Wicksell. Money, Credit, and the Economy 
Journal: The European Journal of the History of Economic Thought 
Pages: 158-166 
Issue: 1 
Volume: 21 
Year: 2014 
Month: 2 
X-DOI: 10.1080/09672567.2013.870294 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.870294 
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:1:p:158-166




Template-Type: ReDIF-Article 1.0
Author-Name: Neil T. Skaggs 
Author-X-Name-First: Neil T. 
Author-X-Name-Last: Skaggs 
Title: Rethinking the Keynesian Revolution 
Journal: The European Journal of the History of Economic Thought 
Pages: 167-170 
Issue: 1 
Volume: 21 
Year: 2014 
Month: 2 
X-DOI: 10.1080/09672567.2013.870303 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.870303 
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:1:p:167-170




Template-Type: ReDIF-Article 1.0
Author-Name: Terry Peach 
Author-X-Name-First: Terry 
Author-X-Name-Last: Peach 
Title: Economic Essays by David Ricardo 
Journal: The European Journal of the History of Economic Thought 
Pages: 170-172 
Issue: 1 
Volume: 21 
Year: 2014 
Month: 2 
X-DOI: 10.1080/09672567.2013.870297 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.870297 
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:1:p:170-172




Template-Type: ReDIF-Article 1.0
Author-Name: Heinz D. Kurz 
Author-X-Name-First: Heinz D. 
Author-X-Name-Last: Kurz 
Title: Defending the History of Economic Thought 
Journal: The European Journal of the History of Economic Thought 
Pages: 172-176 
Issue: 1 
Volume: 21 
Year: 2014 
Month: 2 
X-DOI: 10.1080/09672567.2013.870296 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.870296 
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:1:p:172-176




Template-Type: ReDIF-Article 1.0
Author-Name: Bertram Schefold 
Author-X-Name-First: Bertram 
Author-X-Name-Last: Schefold 
Title: Oeconomica. Introduction, Translation and Commentaries 
Journal: The European Journal of the History of Economic Thought 
Pages: 177-178 
Issue: 1 
Volume: 21 
Year: 2014 
Month: 2 
X-DOI: 10.1080/09672567.2013.870300 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.870300 
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:1:p:177-178




Template-Type: ReDIF-Article 1.0
Author-Name: Birsen Filip 
Author-X-Name-First: Birsen 
Author-X-Name-Last: Filip 
Title: Hayek: A Collaborative Biography Part 1. Influences from Mises to Bartley 
Journal: The European Journal of the History of Economic Thought 
Pages: 178-183 
Issue: 1 
Volume: 21 
Year: 2014 
Month: 2 
X-DOI: 10.1080/09672567.2013.870295 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.870295 
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:1:p:178-183




Template-Type: ReDIF-Article 1.0
Author-Name: Andreas Rainer 
Author-X-Name-First: Andreas 
Author-X-Name-Last: Rainer 
Title: The Entrepreneurial State: Debunking Public vs. Private Myths 
Journal: The European Journal of the History of Economic Thought 
Pages: 183-187 
Issue: 1 
Volume: 21 
Year: 2014 
Month: 2 
X-DOI: 10.1080/09672567.2013.870299 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.870299 
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:1:p:183-187




Template-Type: ReDIF-Article 1.0
Author-Name: Pedro N. Teixeira 
Author-X-Name-First: Pedro N. 
Author-X-Name-Last: Teixeira 
Title: The Institutional Movement in American Economics, 1918-1947 
Journal: The European Journal of the History of Economic Thought 
Pages: 187-192 
Issue: 1 
Volume: 21 
Year: 2014 
Month: 2 
X-DOI: 10.1080/09672567.2013.870305 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.870305 
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:1:p:187-192




Template-Type: ReDIF-Article 1.0
Author-Name: Jeremy Shearmur 
Author-X-Name-First: Jeremy 
Author-X-Name-Last: Shearmur 
Title: Keynes Hayek: The Clash that Defined Modern Economics 
Journal: The European Journal of the History of Economic Thought 
Pages: 192-196 
Issue: 1 
Volume: 21 
Year: 2014 
Month: 2 
X-DOI: 10.1080/09672567.2013.870302 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.870302 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:1:p:192-196




Template-Type: ReDIF-Article 1.0
Author-Name: Dotan Leshem 
Author-X-Name-First: Dotan 
Author-X-Name-Last: Leshem 
Title: The ancient art of economics 
Abstract:
	      		  This article reviews
 ancient texts dedicated to the art of economics, narrating how the master
 was to manage his wife, slaves and things. The discourse on the economy of
 things focuses on defining the proper limits of wealth. The economy of the
 slaves included multiple technologies of classification, management and
 supervision that were to guide the master and the matron in their 'use' of
 slaves. The wife was a freeborn member of the polis who was doomed to
 spend her entire life in the economy as a governed subject who partakes in
 government only within the confines of the oikos.	    
Journal: The European Journal of the History of Economic Thought 
Pages: 201-229 
Issue: 2 
Volume: 21 
Year: 2014 
Month: 4 
X-DOI: 10.1080/09672567.2012.683032 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.683032 
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:2:p:201-229




Template-Type: ReDIF-Article 1.0
Author-Name: Anastassios D. Karayiannis 
Author-X-Name-First: Anastassios D. 
Author-X-Name-Last: Karayiannis 
Author-Name: Ioannis A. Katselidis 
Author-X-Name-First: Ioannis A. 
Author-X-Name-Last: Katselidis 
Title: Wages and work effort in English economic thought, 1670-1770 
Abstract:
	      		  This article, by
 examining the two strands of thought developed during the period 1670-1770
 in English economic thought with respect to the preferable wage rates,
 intends to evaluate the theoretical arguments which specify the
 pre-classical theses for or against low real wages and to analyse how the
 relationship between wages and individuals' work effort is interpreted
 according to the pre-classical English economists. In addition, we examine
 what these writers proposed as regards the formation of the desirable
 level of wages and what factors influence them to adopt specific views.    
Journal: The European Journal of the History of Economic Thought 
Pages: 230-251 
Issue: 2 
Volume: 21 
Year: 2014 
Month: 4 
X-DOI: 10.1080/09672567.2012.683030 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.683030 
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:2:p:230-251




Template-Type: ReDIF-Article 1.0
Author-Name: Estrella Trincado 
Author-X-Name-First: Estrella 
Author-X-Name-Last: Trincado 
Author-Name: Manuel Santos-Redondo 
Author-X-Name-First: Manuel 
Author-X-Name-Last: Santos-Redondo 
Title: Bentham and Owen on entrepreneurship and social reform 
Abstract:
	      		  Jeremy Bentham invested
 an important amount of money in New Lanark's cotton mills, which at that
 time were run by Robert Owen. However, apparently Bentham never took a
 serious interest in the organisation of such a successful entrepreneurship
 and new model society, although it seemed to fit in with Bentham's ideas
 of the entrepreneur ('projector') and also with Bentham's ideas on social
 reform, seeking the <italic>greatest happiness of the greatest
 number</italic>. This article explains how Bentham's share in New Lanark
 came about. It tries to ascertain whether the New Lanark experiment and
 Owen's ideas fit Bentham's managerial theory and ideas on social reform so
 as to understand why Bentham did not pay more attention to Robert Owen's
 practice.	    
Journal: The European Journal of the History of Economic Thought 
Pages: 252-277 
Issue: 2 
Volume: 21 
Year: 2014 
Month: 4 
X-DOI: 10.1080/09672567.2012.683877 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.683877 
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Template-Type: ReDIF-Article 1.0
Author-Name: Maurizio Pugno 
Author-X-Name-First: Maurizio 
Author-X-Name-Last: Pugno 
Title: Scitovsky's <italic>The Joyless Economy</italic> and the economics of happiness 
Abstract:
	      		  Scitovsky's <italic>The
 Joyless Economy</italic> is especially well-known in recent economic
 studies on happiness. However, his insightful contributions have not been
 taken up as they deserve, mainly because they were, and still are, too
 original. By reconstructing Scitovsky's analysis on the basis of all his
 relevant writings, this article integrates his most original concepts,
 such as novelty, consumption skill, endogenous preferences, pleasurable
 uncertainty, into conventional economics; it compares Scitovsky's analysis
 to the economic thought of his time and to current consumer theory and it
 reveals his contributions to happiness economics, such as an original
 interpretation of the Easterlin paradox.	   
Journal: The European Journal of the History of Economic Thought 
Pages: 278-303 
Issue: 2 
Volume: 21 
Year: 2014 
Month: 4 
X-DOI: 10.1080/09672567.2012.683028 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.683028 
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:2:p:278-303




Template-Type: ReDIF-Article 1.0
Author-Name: Renata Bianconi 
Author-X-Name-First: Renata 
Author-X-Name-Last: Bianconi 
Author-Name: Alexandre Minda 
Author-X-Name-First: Alexandre 
Author-X-Name-Last: Minda 
Title: Multinational firms, peripheral industrialisation and the recovery of national decision centres: the contribution of Celso Furtado 
Abstract:
	      		  This essay examines the
 contribution of Furtado to the understanding of the peripheral
 industrialisation process. His analysis of the role of industrialisation
 in the development policy of peripheral countries is based on criticism of
 the international division of labour that has been presented by CEPAL
 (Comisi&#xf3;n Econ&#xf3;mica para Am&#xe9;rica Latina). Furtado's study of the new
 dependence situations of the periphery is based mainly on the expansion of
 multinational firms, the vehicle of the global diffusion of the industrial
 civilisation. In order to escape industrialised underdevelopment, Furtado
 advocates recovering the national decision centres in order to better
 direct technology within the periphery.	  
Journal: The European Journal of the History of Economic Thought 
Pages: 304-341 
Issue: 2 
Volume: 21 
Year: 2014 
Month: 4 
X-DOI: 10.1080/09672567.2012.683031 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.683031 
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:2:p:304-341




Template-Type: ReDIF-Article 1.0
Author-Name: Keith Tribe 
Author-X-Name-First: Keith 
Author-X-Name-Last: Tribe 
Title: Geschichte des &#xf6;konomischen Denkens by Heinz D. Kurz 
Journal: The European Journal of the History of Economic Thought 
Pages: 342-344 
Issue: 2 
Volume: 21 
Year: 2014 
Month: 4 
X-DOI: 10.1080/09672567.2014.881985 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.881985 
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:2:p:342-344




Template-Type: ReDIF-Article 1.0
Author-Name: Stephanie Blankenburg 
Author-X-Name-First: Stephanie 
Author-X-Name-Last: Blankenburg 
Title: Keynes and Friedman on Laissez-Faire and Planning. Where to Draw the Line? by Sylvie Rivot 
Journal: The European Journal of the History of Economic Thought 
Pages: 344-350 
Issue: 2 
Volume: 21 
Year: 2014 
Month: 4 
X-DOI: 10.1080/09672567.2014.882012 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.882012 
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:2:p:344-350




Template-Type: ReDIF-Article 1.0
Author-Name: Philippe Steiner 
Author-X-Name-First: Philippe 
Author-X-Name-Last: Steiner 
Title: &#x152;uvres &#xe9;conomiques compl&#xe8;tes by Jean-Claude-L&#xe9;onard Simonde de Sismondi 
Journal: The European Journal of the History of Economic Thought 
Pages: 350-354 
Issue: 2 
Volume: 21 
Year: 2014 
Month: 4 
X-DOI: 10.1080/09672567.2014.882027 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.882027 
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:2:p:350-354




Template-Type: ReDIF-Article 1.0
Author-Name: Laurie Br&#xe9;ban 
Author-X-Name-First: Laurie 
Author-X-Name-Last: Br&#xe9;ban 
Title: Smith on happiness: towards a gravitational theory 
Abstract:
	      		  Some commentators have
 tried to link Smith's analysis with fundamental results in economics of
 happiness. These contributions mainly focus on the influence of wealth on
 happiness (Ashraf <italic>et al</italic>. 2005; Bruni 2006; Brewer 2009).
 However, this connection is far from covering Smith's considerations about
 individual happiness and their possible similarities with today's analysis
 in economics of happiness. In the <italic>Theory of Moral
 Sentiments</italic>, Smith argues that adverse events depress people's
 mind much more below their "ordinary state of happiness" than prosperous
 ones. However, close to what we call, today, "hedonic adaptations
 theories", he views adverse and prosperous events as only short term
 shocks, so that an individual's level of happiness tends towards the one
 of his "ordinary state of happiness", just as short term market prices
 tend towards long term natural prices. This paper aims at throwing light
 on the foundations of Smith's "gravitational" theory of happiness, on its
 consequences on an individual's preferences, and also on its implication
 with regard to the possibility of long-term variations of happiness. The
 first step leads to establish a link between the nowadays familiar idea
 that individuals adapt to circumstances and Smith's analysis of individual
 happiness. The second step puts to the fore the role that Smith grants to
 the sympathy with the impartial spectator in the way back to the "ordinary
 state of happiness" after deviations produced by prosperous or adverse
 events. At last, we focus on the decisional consequences that Smith draws
 from his gravitational theory of happiness, chiefly those which deal with
 the choice between various permanent situations (for instance, poverty and
 riches) and their evaluation.		
Journal: The European Journal of the History of Economic Thought 
Pages: 359-391 
Issue: 3 
Volume: 21 
Year: 2014 
Month: 6 
X-DOI: 10.1080/09672567.2012.683021 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.683021 
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:3:p:359-391




Template-Type: ReDIF-Article 1.0
Author-Name: Ferdinando Meacci 
Author-X-Name-First: Ferdinando 
Author-X-Name-Last: Meacci 
Title: From bounties on exportation to the natural and market price of labour: Smith versus Ricardo1 
Abstract:
	      		  The scope of this article
 is to examine the foundations of Smith's arguments and of Ricardo's
 criticisms on the issue of bounties on exportation. These criticisms are
 examined in the light of the counter-criticisms provided by a fictitious
 subject called Smith redivivus. These counter-criticisms highlight
 Ricardo's neglect of the differences between <italic>v&#xe9;rit&#xe9; de
 raison</italic> and <italic>v&#xe9;rit&#xe9; de fait</italic> and between the points
 of view of an individual and of society behind Smith's treatment of money
 vs. real, temporary vs. permanent and natural vs. market price of labour
 as labour and of commodities as products of labour.	      
Journal: The European Journal of the History of Economic Thought 
Pages: 392-420 
Issue: 3 
Volume: 21 
Year: 2014 
Month: 6 
X-DOI: 10.1080/09672567.2012.683033 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.683033 
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:3:p:392-420




Template-Type: ReDIF-Article 1.0
Author-Name: Erdem Ozgur 
Author-X-Name-First: Erdem 
Author-X-Name-Last: Ozgur 
Author-Name: Hamdi Genc 
Author-X-Name-First: Hamdi 
Author-X-Name-Last: Genc 
Title: Sarantis Archigenes (Serandi Arsizen), Pellegrino Rossi and the spread of the classical approach in the Ottoman Empire 
Abstract:
	      		  Although he succeeded Say
 at the College de France as chair in 1833, Pellegrino Rossi is not
 considered a great economist nor has he been appreciated as an original
 one. However, his lectures in the College de France inspired a young
 Ottoman-Greek, Sarantis Archigenes, who wrote a political economy book
 which discussed the economic problems of the Ottoman Empire of the
 mid-nineteenth century. This article provides an account of the traces of
 Rossi's ideas in the formation of Archigenes' views, with an aim to
 present Rossi's role in the dissemination of Classical political economic
 ideas in the Ottoman lands.	      
Journal: The European Journal of the History of Economic Thought 
Pages: 421-447 
Issue: 3 
Volume: 21 
Year: 2014 
Month: 6 
X-DOI: 10.1080/09672567.2012.683024 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.683024 
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:3:p:421-447




Template-Type: ReDIF-Article 1.0
Author-Name: Jocelyn Poirel 
Author-X-Name-First: Jocelyn 
Author-X-Name-Last: Poirel 
Title: Beveridge's analysis of unemployment in 1909: the reserve of labour 
Abstract:
	      		  The aim of this paper is
 to provide a rational reconstruction of Beveridge's theory of unemployment
 published in 1909. First and foremost, it shows that his theory of
 unemployment is coherent - what Beveridge refers to as 'the reserve of
 labour' represents 'unemployment' as a whole; unemployment is due to the
 imperfection of the labour market and associated friction and the
 organisation of the labour market is necessary. Second, it suggests that
 as early as 1909, a negative relationship already existed between
 unemployment and job vacancies and that the segmentation of the labour
 market and imperfect information are key factors of friction. The first
 part of the paper provides a reconstruction of Beveridge's theory of the
 reserve of labour (1909) including causes and factors of unemployment and
 unemployment policies. The second part shows that certain founding
 principles of the 'Beveridge curve' (Beveridge 1944 [1953]) were already
 to be found in his 1909 book and that links can be established between
 Beveridge (1909), Phelps (1970) and Pissarides (2000). 	 
Journal: The European Journal of the History of Economic Thought 
Pages: 448-466 
Issue: 3 
Volume: 21 
Year: 2014 
Month: 6 
X-DOI: 10.1080/09672567.2012.683026 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.683026 
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Template-Type: ReDIF-Article 1.0
Author-Name: Olivier Bruno 
Author-X-Name-First: Olivier 
Author-X-Name-Last: Bruno 
Author-Name: Muriel Dal-Pont Legrand 
Author-X-Name-First: Muriel 
Author-X-Name-Last: Dal-Pont Legrand 
Title: The instability principle revisited: an essay in Harrodian dynamics 
Abstract:
	      		  Harrod's contribution to
 economic dynamics is very often reduced to the dynamic equation whose
 character is unstable. Growth theory and cycle theory based on Harrod's
 contributions aimed at reducing this instability. Following Harrod, who
 was strongly opposed to the 'knife-edge' interpretation, we define the
 warranted rate of growth as a 'moving equilibrium' and focus on its
 interaction with the effective rate of growth. Our simple Harrodian model
 generates various dynamics from stable path, to growth cycle and corridor
 of stability.		
Journal: The European Journal of the History of Economic Thought 
Pages: 467-484 
Issue: 3 
Volume: 21 
Year: 2014 
Month: 6 
X-DOI: 10.1080/09672567.2012.683023 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.683023 
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:3:p:467-484




Template-Type: ReDIF-Article 1.0
Author-Name: Marco Dardi 
Author-X-Name-First: Marco 
Author-X-Name-Last: Dardi 
Title: Neither Lausanne nor Cambridge: Pantaleoni and the missing boundary between economics and sociology 
Abstract:
	      		  By the turn of the
 twentieth century, Lausanne and Cambridge were the centres of diffusion of
 two rival versions of marginalism. This paper focuses on the position of
 Maffeo Pantaleoni, a leading figure of the late nineteenth century
 'renaissance' of Italian political economy, with respect to the eminent
 representatives of the two schools: Pareto and Marshall. Pantaleoni's
 position is examined with reference to the two main bones of contention
 between Pareto and Marshall, namely general as opposed to partial
 equilibrium, and pure as opposed to mixed economics.	       
Journal: The European Journal of the History of Economic Thought 
Pages: 485-519 
Issue: 3 
Volume: 21 
Year: 2014 
Month: 6 
X-DOI: 10.1080/09672567.2012.683029 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.683029 
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:3:p:485-519




Template-Type: ReDIF-Article 1.0
Author-Name: Matthias Klaes 
Author-X-Name-First: Matthias 
Author-X-Name-Last: Klaes 
Title: Ronald Harry Coase, 1910-2013 
Journal: The European Journal of the History of Economic Thought 
Pages: 520-525 
Issue: 3 
Volume: 21 
Year: 2014 
Month: 6 
X-DOI: 10.1080/09672567.2014.906637 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.906637 
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:3:p:520-525




Template-Type: ReDIF-Article 1.0
Author-Name: John Maloney 
Author-X-Name-First: John 
Author-X-Name-Last: Maloney 
Title: The Historiography of Economics: The Collected Papers of A.W. Coats: Volume III 
Journal: The European Journal of the History of Economic Thought 
Pages: 526-529 
Issue: 3 
Volume: 21 
Year: 2014 
Month: 6 
X-DOI: 10.1080/09672567.2014.903116 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.903116 
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:3:p:526-529




Template-Type: ReDIF-Article 1.0
Author-Name: Roger Middleton 
Author-X-Name-First: Roger 
Author-X-Name-Last: Middleton 
Title: The Great Depression in Europe: Economic Thought and Policy in a National Context 
Journal: The European Journal of the History of Economic Thought 
Pages: 529-532 
Issue: 3 
Volume: 21 
Year: 2014 
Month: 6 
X-DOI: 10.1080/09672567.2014.903117 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.903117 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:3:p:529-532




Template-Type: ReDIF-Article 1.0
Author-Name: Tony Aspromourgos 
Author-X-Name-First: Tony 
Author-X-Name-Last: Aspromourgos 
Title: Casualties of Credit: The English Financial Revolution, 1620-1720 
Journal: The European Journal of the History of Economic Thought 
Pages: 533-536 
Issue: 3 
Volume: 21 
Year: 2014 
Month: 6 
X-DOI: 10.1080/09672567.2014.903119 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.903119 
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:3:p:533-536




Template-Type: ReDIF-Article 1.0
Author-Name: Beatrice Cherrier 
Author-X-Name-First: Beatrice 
Author-X-Name-Last: Cherrier 
Title: Shaky Foundations: The Politics-Patronage-Social Science Nexus in Cold War America. Studies in Modern Science, Technology, and the Environment series 
Journal: The European Journal of the History of Economic Thought 
Pages: 537-541 
Issue: 3 
Volume: 21 
Year: 2014 
Month: 6 
X-DOI: 10.1080/09672567.2014.903120 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.903120 
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:3:p:537-541




Template-Type: ReDIF-Article 1.0
Author-Name: B&#xfc;lent Temel 
Author-X-Name-First: B&#xfc;lent 
Author-X-Name-Last: Temel 
Title: The Hesitant Hand: Taming Self-Interest in the History of Economic Ideas 
Journal: The European Journal of the History of Economic Thought 
Pages: 541-544 
Issue: 3 
Volume: 21 
Year: 2014 
Month: 6 
X-DOI: 10.1080/09672567.2014.903121 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.903121 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:3:p:541-544




Template-Type: ReDIF-Article 1.0
Author-Name: Richard van den Berg 
Author-X-Name-First: Richard 
Author-X-Name-Last: van den Berg 
Title: Turgot's <italic>Valeurs et monnaies</italic>: our incomplete knowledge of an incomplete manuscript 
Abstract:
					   <italic>Valeurs et
 monnaies</italic> is Turgot's most enigmatic contribution to economic
 theory. A comparison is made between the published transcripts of this
 text and manuscript fragments preserved in Lyon. Two main conclusions are
 drawn. First, no completely reliable transcript of the text has been
 published. Second, differences between the Lyon fragments and the
 published transcripts suggest that the former were part of an earlier
 draft than the better known Lantheuil manuscript. Some reflections are
 added about the fact that the latter manuscript is incomplete and has been
 inaccessible for many years.	       
Journal: The European Journal of the History of Economic Thought 
Pages: 549-582 
Issue: 4 
Volume: 21 
Year: 2014 
Month: 8 
X-DOI: 10.1080/09672567.2013.792362 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.792362 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:4:p:549-582




Template-Type: ReDIF-Article 1.0
Author-Name: Alain Cl&#xe9;ment 
Author-X-Name-First: Alain 
Author-X-Name-Last: Cl&#xe9;ment 
Title: Liberal economic discourse on colonial practices and the rejection of the British Empire (1750-1815)1 
Abstract:
			   In the mid-eighteenth century, colonisation was
 criticised on the grounds that profits from it were captured by private
 merchants that the colonies prospered in spite of not because of colonial
 policy, and that benefits accrued to the colonies and other foreign
 nations but not to the home country. The empire came at a cost that did
 not obviously outweigh its benefits. The solutions proposed tended towards
 relinquishing the colonial empire. This is relatively clear in the
 writings of Burke, Anderson and Tucker but less so in those of Smith, who
 advocated not independence (for which public opinion was unprepared) but
 free trade between the colonies and the home country.		
Journal: The European Journal of the History of Economic Thought 
Pages: 583-604 
Issue: 4 
Volume: 21 
Year: 2014 
Month: 8 
X-DOI: 10.1080/09672567.2012.708766 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.708766 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:4:p:583-604




Template-Type: ReDIF-Article 1.0
Author-Name: Jes&uacute;s Astigarraga 
Author-X-Name-First: Jes&uacute;s 
Author-X-Name-Last: Astigarraga 
Author-Name: Juan Zabalza 
Author-X-Name-First: Juan 
Author-X-Name-Last: Zabalza 
Title: Public Finance in Spain in the early twentieth century 
Abstract:
			   Spanish political economy experienced a profound
 decadence during the second half of the nineteenth century. Such period of
 isolation came to an end during the early twentieth century. The most
 outstanding economists of that period such as Flores de Lemus, Bernis or
 Torres were persuaded that Spanish economic development was strongly
 linked to a tax system reform. At the same time, numerous writings on
 public finance were published by secondary authors and a wide range of
 foreign handbooks were translated into Spanish. Consequently, public
 finance became an outstanding channel for the introduction of marginal
 theory and German Historicism into Spain.	    
Journal: The European Journal of the History of Economic Thought 
Pages: 605-634 
Issue: 4 
Volume: 21 
Year: 2014 
Month: 8 
X-DOI: 10.1080/09672567.2012.708773 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.708773 
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:4:p:605-634




Template-Type: ReDIF-Article 1.0
Author-Name: Martin Kragh 
Author-X-Name-First: Martin 
Author-X-Name-Last: Kragh 
Title: The 'Wigforss Connection': the Stockholm School vs. Keynes debate revisited 
Abstract:
			   Drawing on archival material and previously
 unexplored texts, this article attempts to revise our understanding of the
 emergence of a new macroeconomic discourse in the Swedish 1930s. Firstly,
 it is argued that the Stockholm School played a secondary role in shaping
 Sweden's counter-cyclical policies during the depression. The Minister of
 Finance, Ernst Wigforss, possessed all the theoretical tools he needed
 before the academic economists had made their views on the crisis publicly
 known. Secondly, it will be argued that Wigforss was the one closest to
 anticipate the <italic>General Theory</italic>, and that he had his
 theoretical system for a counter-cyclical fiscal policy worked out in 1931
 already. He provides an important link in one of the most debated topics
 in the history of macroeconomic thought. In an allusion to Axel
 Leijonhufvud, this link is named the 'Wigforss Connection'.	      
Journal: The European Journal of the History of Economic Thought 
Pages: 635-663 
Issue: 4 
Volume: 21 
Year: 2014 
Month: 8 
X-DOI: 10.1080/09672567.2012.708770 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.708770 
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:4:p:635-663




Template-Type: ReDIF-Article 1.0
Author-Name: Michael E. Bradley 
Author-X-Name-First: Michael E. 
Author-X-Name-Last: Bradley 
Author-Name: Manuela Mosca 
Author-X-Name-First: Manuela 
Author-X-Name-Last: Mosca 
Title: Enrico Barone's 'Ministry of Production': Content and Context 
Abstract:
			   Enrico Barone's famous article on economic
 planning, 'Il Ministro della Produzione nello Stato Collettivista' ('The
 Ministry of Production in the Collectivist State'), which showed the
 theoretical possibility of an economically efficient collectivist planned
 economy, was published in <italic>Giornale degli Economisti</italic> in
 1908. Barone's article has been widely cited, particularly in the
 comparative economic systems literature, but it has not been very widely
 read or analysed in recent years, and there is not much literature that
 places Barone's 'Ministry' model in the context of his other works or in
 its historical, social, or ideological context. The aims of this article
 are: (a) to analyse and clarify Barone's model in depth; (b) to place it
 in the context of Barone's other writings and the literature on the
 subject; and (c) to examine the apparent contradiction between Barone's
 hostility to socialism and his attempt to formulate the pure theory of the
 collectivist economy.		
Journal: The European Journal of the History of Economic Thought 
Pages: 664-698 
Issue: 4 
Volume: 21 
Year: 2014 
Month: 8 
X-DOI: 10.1080/09672567.2012.708768 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.708768 
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:4:p:664-698




Template-Type: ReDIF-Article 1.0
Author-Name: Jos&#xe9; M. Edwards 
Author-X-Name-First: Jos&#xe9; M. 
Author-X-Name-Last: Edwards 
Title: Consumer power and market control: Exploring consumer behaviour in affluent contexts (1946-1980) 
Abstract:
			   The aim of this essay is to present and explain
 the emergence and decay of two unorthodox views of consumer behaviour that
 developed from the mid-1940s to the mid-1970s: the view of the powerful
 consumer and the view of market control by producers. It begins by
 presenting their common origins in empirical studies that opposed the
 Keynesian-type analysis of consumption. While the first developed into the
 program of behavioural economics defended by George Katona of the Michigan
 Survey Research Center, the second nourished the contributions of authors
 like Galbraith (1958, 1967, 1977), Scitovsky (1954, 1962, 1976) and Mishan
 (1960, 1967).		
Journal: The European Journal of the History of Economic Thought 
Pages: 699-723 
Issue: 4 
Volume: 21 
Year: 2014 
Month: 8 
X-DOI: 10.1080/09672567.2012.708767 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.708767 
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Template-Type: ReDIF-Article 1.0
Author-Name: Michel De Vroey 
Author-X-Name-First: Michel 
Author-X-Name-Last: De Vroey 
Title: Backhouse and Boianovsky on "disequilibrium theory". A review article of transforming modern macroeconomics. Exploring disequilibrium microfoundations, 1956-2003 
Abstract:
			   This article is an in-depth analysis of
 Backhouse and Boianovsky's book, <italic>Transforming Modern
 Macroeconomics: Exploring Disequilibrium Microfoundations,
 1956-2003</italic>. I start with questioning Backhouse and Boianovsky's
 too broad understanding of the disequilibrium approach. Thereby they bring
 together theories that should be kept separate, those by Patinkin, Clower
 and Leijonhuvud on the one hand, and those by Barro and Grossman, Dr&#xe8;ze
 and Benassy, on the other. I also substantiate my disagreement with their
 claim that an inner link exists between fixed price equilibrium theories
 and imperfect competition modelling. Finally, I put forward a few
 conjectures about the reason why fixed price modelling petered out.	    
Journal: The European Journal of the History of Economic Thought 
Pages: 724-742 
Issue: 4 
Volume: 21 
Year: 2014 
Month: 8 
X-DOI: 10.1080/09672567.2014.916733 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.916733 
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Template-Type: ReDIF-Article 1.0
Author-Name: Roger E. Backhouse 
Author-X-Name-First: Roger E. 
Author-X-Name-Last: Backhouse 
Author-Name: Mauro Boianovsky 
Author-X-Name-First: Mauro 
Author-X-Name-Last: Boianovsky 
Title: Response to De Vroey 
Abstract:
			   This paper is a response to Michel De Vroey's
 review of our book, published in this issue of EJHET. Differently from De
 Vroey's, our aim is to understand the theoretical choices with which
 economists believed they were confronted at the time. This is reflected in
 the organisation of our book, the selection of topics (disequilibrium,
 imperfect competition, etc.), and the conclusions about the fate of
 disequilibrium macroeconomics. 	 
Journal: The European Journal of the History of Economic Thought 
Pages: 743-749 
Issue: 4 
Volume: 21 
Year: 2014 
Month: 8 
X-DOI: 10.1080/09672567.2014.923012 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.923012 
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Template-Type: ReDIF-Article 1.0
Author-Name: Pascal Bridel 
Author-X-Name-First: Pascal 
Author-X-Name-Last: Bridel 
Author-Name: Muriel Dal Pont Legrand 
Author-X-Name-First: Muriel 
Author-X-Name-Last: Dal Pont Legrand 
Title: Special issue: Business cycle theory as a basis for economic policy 
Journal: The European Journal of the History of Economic Thought 
Pages: 755-759 
Issue: 5 
Volume: 21 
Year: 2014 
Month: 10 
X-DOI: 10.1080/09672567.2014.935599 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.935599 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:5:p:755-759




Template-Type: ReDIF-Article 1.0
Author-Name: Axel Leijonhufvud 
Author-X-Name-First: Axel 
Author-X-Name-Last: Leijonhufvud 
Title: Economics of the crisis and the crisis of economics 
Abstract:
 The macroeconomic instability revealed in the recent deep recession steams
 from the condition of balance sheets. Generally high leverage and strained
 maturity mismatches build up slowly but generate a financial structure so
 brittle that the impulse that eventually sends it crashing is hard to
 identify. The US financial system had been rendered more vulnerable by the
 financial reforms that swept away the Glass-Steagall regulations. The
 crisis made the inadquancies of the ruling macroeconomic paradigm
 painfully obvious. DSGE models generally did not include a financial
 sector and did not take the possibility of dramatic instability seriously.
 Unanticipated violations of budget constraints do not fit easily into
 general equilibrium models.
Journal: The European Journal of the History of Economic Thought 
Pages: 760-774 
Issue: 5 
Volume: 21 
Year: 2014 
Month: 10 
X-DOI: 10.1080/09672567.2014.927519 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.927519 
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:5:p:760-774




Template-Type: ReDIF-Article 1.0
Author-Name: Richard Arena 
Author-X-Name-First: Richard 
Author-X-Name-Last: Arena 
Title: On the importance of institutions and forms of organisation in Piero Sraffa's economics: the case of business cycles, money, and economic policy 
Abstract:
 This paper is based on an investigation of the Sraffa Archives and tries
 to characterise Piero Sraffa's approach to business cycles and economic
 policy. It includes two parts. The first part of the paper shows the
 importance of economic institutions and social conventions in Sraffa's
 contribution to economics and their relation with social conflicts. The
 second part of the paper shows how this importance permits to understand
 better business cycles and economic policy but also indirectly contributes
 to a re-interpretation of Sraffa's contribution to economics.
Journal: The European Journal of the History of Economic Thought 
Pages: 775-800 
Issue: 5 
Volume: 21 
Year: 2014 
Month: 10 
X-DOI: 10.1080/09672567.2014.934872 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.934872 
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:5:p:775-800




Template-Type: ReDIF-Article 1.0
Author-Name: Rodolphe Dos Santos Ferreira 
Author-X-Name-First: Rodolphe 
Author-X-Name-Last: Dos Santos Ferreira 
Title: Mr Keynes, the Classics and the new Keynesians: A suggested formalisation 
Abstract:
 The paper suggests a <italic>new Keynesian</italic> model of the
 <italic>General Theory</italic>. A reduced form entails a diagram with
 three curves relating employment and the real wage, which represent the
 two fundamental classical postulates and the principle of effective
 demand. This diagram illustrates better than <italic>IS-LM</italic> the
 generality of Keynes's theory, clarifying the distinction between
 voluntary and involuntary unemployment. Other significant features are the
 role of the distribution of expected interest rates among heterogeneous
 agents, whether dispersed or concentrated, in shaping the
 <italic>LM</italic> curve, as well as the role of wage competitiveness
 constraints as a foundation of Keynes's relative wage hypothesis.
Journal: The European Journal of the History of Economic Thought 
Pages: 801-838 
Issue: 5 
Volume: 21 
Year: 2014 
Month: 10 
X-DOI: 10.1080/09672567.2014.881896 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.881896 
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Template-Type: ReDIF-Article 1.0
Author-Name: Hans-Michael Trautwein 
Author-X-Name-First: Hans-Michael 
Author-X-Name-Last: Trautwein 
Title: Three macroeconomic syntheses of vintage 1937: Hicks, Haberler, and Lundberg 
Abstract:
 The 1920s and 1930s were years of intensive debate about economic dynamics
 and stabilisation policies. There was a large variety of explanations of
 cycles and depressions, and Keynes' <italic>General Theory of Employment,
 Interest and Money</italic> (1936) was pitched against them. In 1937,
 followed three different attempts to provide synthetic expositions of
 macroeconomic theory that would deal with the Keynesian challenge: Hicks'
 <italic>Mr. Keynes and the "Classics"</italic>, Haberler's
 <italic>Prosperity and Depression</italic>, and Lundberg's <italic>Studies
 in the Theory of Economic Expansion</italic>. This paper compares those
 1937 syntheses and contrasts them with the "Neoclassical Synthesis" and
 the current "New Neoclassical Synthesis".
Journal: The European Journal of the History of Economic Thought 
Pages: 839-870 
Issue: 5 
Volume: 21 
Year: 2014 
Month: 10 
X-DOI: 10.1080/09672567.2013.873944 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.873944 
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Template-Type: ReDIF-Article 1.0
Author-Name: Micha&euml;l Assous 
Author-X-Name-First: Micha&euml;l 
Author-X-Name-Last: Assous 
Author-Name: Roberto Lampa 
Author-X-Name-First: Roberto 
Author-X-Name-Last: Lampa 
Title: Lange's 1938 model: dynamics and the "optimum propensity to consume" 
Abstract:
 Oskar Lange's 1938 article "The Rate of Interest and the Optimum
 Propensity to Consume" is usually associated with the original IS-LM
 approach of the late 1930s. However, Lange's article was not only an
 attempt to illuminate Keynes's main innovations but the first part of a
 wide project that included the development of a theory of economic
 evolution. This paper aims at showing that Lange's article can help in
 illuminating critical aspects of this project: in particular, Lange's idea
 that a synthesis between Kaldor's and Kalecki's theories and that of
 Schumpeter, might have been possible and that it represented (in
 intentions) a "modern" and consistent reconstruction of the Marxist theory
 of the business cycle. Section 2 clarifies Lange's early reflection on
 dynamics. Section 3 centres on Lange's 1938 static model and indicates the
 effects of a change of saving on investment. Section 4 suggests a dynamic
 reconstruction from which are addressed important arguments raised by
 Lange in a series of papers written between 1934 and 1942.
Journal: The European Journal of the History of Economic Thought 
Pages: 871-898 
Issue: 5 
Volume: 21 
Year: 2014 
Month: 10 
X-DOI: 10.1080/09672567.2014.934873 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.934873 
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Template-Type: ReDIF-Article 1.0
Author-Name: Alain Raybaut 
Author-X-Name-First: Alain 
Author-X-Name-Last: Raybaut 
Title: Toward a non-linear theory of economic fluctuations: Allais's contribution to endogenous business cycle theory in the 1950s 
Abstract:
 In this framework, the existence of a limit cycle is mathematically proved
 and its existence confirmed by empirical evidence. The mathematical tools
 are similar to Keynesian pioneering non-linear macrodynamic advances but
 the theoretical framework is obviously totally distinct. In particular,
 for Allais, the origin of endogenous cycles is monetary, and explained by
 the interplay between two key elements: the agents that hold the desired
 money balances and the banking system that can create money.
Journal: The European Journal of the History of Economic Thought 
Pages: 899-919 
Issue: 5 
Volume: 21 
Year: 2014 
Month: 10 
X-DOI: 10.1080/09672567.2014.934871 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.934871 
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Template-Type: ReDIF-Article 1.0
Author-Name: Pascal Bridel 
Author-X-Name-First: Pascal 
Author-X-Name-Last: Bridel 
Title: The "Treasury View": An (un-)expected return? 
Abstract:
 By examining the rhetorical use of an old piece of economic theory by some
 contemporary economists, this paper intends to report on "how today's
 economists conduct a public policy debate". This paper is neither a
 scholarly history of the interwar debate nor a sophisticated critique of
 current economic policy. It is an attempt to link the policy and
 theoretical arguments of two similar debates separated by nearly 80 years.
 The second part of the paper demonstrates that the (un-)expected return of
 the <italic>Treasury View</italic> is a case study illustrating two very
 different modelling strategies.
Journal: The European Journal of the History of Economic Thought 
Pages: 920-942 
Issue: 5 
Volume: 21 
Year: 2014 
Month: 10 
X-DOI: 10.1080/09672567.2013.873945 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.873945 
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Template-Type: ReDIF-Article 1.0
Author-Name: Annalisa Rosselli 
Author-X-Name-First: Annalisa 
Author-X-Name-Last: Rosselli 
Author-Name: Richard van den Berg 
Author-X-Name-First: Richard 
Author-X-Name-Last: van den Berg 
Title: Introduction 
Journal: The European Journal of the History of Economic Thought 
Pages: 947-949 
Issue: 6 
Volume: 21 
Year: 2014 
Month: 12 
X-DOI: 10.1080/09672567.2014.972642 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.972642 
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Template-Type: ReDIF-Article 1.0
Author-Name: Oleg Ananyin 
Author-X-Name-First: Oleg 
Author-X-Name-Last: Ananyin 
Title: "Quorum pars magna fui": On the Cantillon-Marx connection 
Abstract:
 Starting from Marx's unpublished excerpts from the <italic>Essai sur la
 Nature du Commerce &#xe9;n G&#xe9;n&#xe9;ral</italic> by Richard Cantillon, this paper
 traces the impact that the reading of the <italic>Essai</italic> exercised
 on both Marx's assessment of Cantillon and his own view of the origins of
 political economy. It is shown that closer acquaintance of Marx with
 Quesnay's <italic>Tableau &#x112;conomique</italic> and with Cantillon's
 <italic>Essai</italic> occurred almost simultaneously, and this joint
 discovery led him to supplement his value-centred view of early classical
 economists with a new circular flow, or macroeconomic perspective within
 which Cantillon's role was recognised to be crucial. Marx's analysis of
 the Cantillon-Quesnay connection is supported by a review of an early
 contribution to Cantillon scholarship by the Soviet economist Alexandra
 Eidelnant.
Journal: The European Journal of the History of Economic Thought 
Pages: 950-976 
Issue: 6 
Volume: 21 
Year: 2014 
Month: 12 
X-DOI: 10.1080/09672567.2014.905615 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.905615 
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Template-Type: ReDIF-Article 1.0
Author-Name: Margaret Schabas 
Author-X-Name-First: Margaret 
Author-X-Name-Last: Schabas 
Title: "Let your science be human": David Hume and the honourable merchant 
Abstract:
 Hume directed his <italic>Enquiry Concerning the Principles of
 Morals</italic> (1751) to a wider audience, including the merchant class
 that he credited with enhancing the freedom, peace, and prosperity of his
 age. Hume's text offers a <italic>vade mecum</italic> for the improvement
 of the merchant's character, a catalogue of virtues that would bolster the
 fulfilment of contracts and diminish generational decline. In conjunction
 with his <italic>Political Discourses</italic> (1752), Hume's
 <italic>Enquiry</italic> promotes the image of the honourable merchant, in
 the tradition set by Thomas Mun, as a means to safeguard modern commerce.
Journal: The European Journal of the History of Economic Thought 
Pages: 977-990 
Issue: 6 
Volume: 21 
Year: 2014 
Month: 12 
X-DOI: 10.1080/09672567.2014.966129 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.966129 
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Template-Type: ReDIF-Article 1.0
Author-Name: Wilfried Parys 
Author-X-Name-First: Wilfried 
Author-X-Name-Last: Parys 
Title: Why didn't Charasoff and Remak use Perron-Frobenius mathematics? 
Abstract:
 At the beginning of the twentieth century the German mathematicians Perron
 and Frobenius published their powerful theorems on non-negative matrices.
 For many decades these tools were overlooked by all pioneers of linear
 economics (except Potron in France). I concentrate on Charasoff and Remak,
 the two pioneers in the German-language literature. Both were
 mathematicians, but both failed to use Perron-Frobenius mathematics in
 their economics. I discuss possible reasons for this neglect, and I also
 draw attention to the communication between different protagonists, the
 connection between Perron's forgotten Limit Lemma and Charasoff's
 economics, Remak's bizarre prices, and some interesting archival material.
Journal: The European Journal of the History of Economic Thought 
Pages: 991-1014 
Issue: 6 
Volume: 21 
Year: 2014 
Month: 12 
X-DOI: 10.1080/09672567.2014.951672 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.951672 
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:6:p:991-1014




Template-Type: ReDIF-Article 1.0
Author-Name: Fabio Masini 
Author-X-Name-First: Fabio 
Author-X-Name-Last: Masini 
Title: A history of the theories on Optimum Currency Areas 
Abstract:
 The historical reconstructions of the theories of Optimum Currency Areas
 (OCA) are usually biased by the underlying theoretical and policy
 orientation of their authors, they often provide a sort of internalist
 explanation of advancement in economic theory (assuming that economic
 theory evolves for internal reasons defined by theorists in the
 discipline) and sometimes neglect the influence of particular events and
 policy debates on the theoretical discussions. The impression is that some
 important links between facts, economic theorising and public policies are
 not yet clearly identified. The paper aims at investigating such
 relationships in a historical perspective, with a special reference to the
 evolving role of endogenous and exogenous criteria to the study of OCA.
Journal: The European Journal of the History of Economic Thought 
Pages: 1015-1038 
Issue: 6 
Volume: 21 
Year: 2014 
Month: 12 
X-DOI: 10.1080/09672567.2014.966130 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.966130 
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:6:p:1015-1038




Template-Type: ReDIF-Article 1.0
Author-Name: Carlo Cristiano 
Author-X-Name-First: Carlo 
Author-X-Name-Last: Cristiano 
Author-Name: Nerio Naldi 
Author-X-Name-First: Nerio 
Author-X-Name-Last: Naldi 
Title: Keynes's activity on the cotton market and the theory of the 'normal backwardation': 1921-1929 
Abstract:
 The aim of this paper is to assess to what extent Keynes, or any other
 speculator, could ever have used the theory of futures contracts he
 formulated in the 1920s as the guiding principle for their investment
 strategy and what light the theory can shed on speculative behaviour. To
 this end, we focus our attention on Keynes' speculations on the cotton
 market. Our main conclusion is that Keynes did not base his speculation in
 cotton exclusively on the assumption that futures prices were downward
 biased in comparison with spot prices, as his theory would predict.
Journal: The European Journal of the History of Economic Thought 
Pages: 1039-1059 
Issue: 6 
Volume: 21 
Year: 2014 
Month: 12 
X-DOI: 10.1080/09672567.2014.966127 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.966127 
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Template-Type: ReDIF-Article 1.0
Author-Name: Anna M. Carabelli 
Author-X-Name-First: Anna M. 
Author-X-Name-Last: Carabelli 
Author-Name: Mario A. Cedrini 
Author-X-Name-First: Mario A. 
Author-X-Name-Last: Cedrini 
Title: Keynes's <italic>General Theory</italic>, <italic>Treatise on Money</italic> and <italic>Tract on Monetary Reform</italic>: different theories, same methodological approach? 
Abstract:
 In trying to assess the content and significance of Keynes's attempted
 revolution in economic methodology, historians have almost exclusively
 focused on the <italic>General Theory</italic>. By highlighting the legacy
 of the <italic>Treatise on Probability</italic> for Keynes's economic
 writings, this article provides evidence of strong methodological
 continuity among the <italic>Tract on Monetary Reform</italic>, the
 <italic>Treatise on Money</italic>, and the <italic>General
 Theory</italic>, despite radical differences in the theories. We argue
 that the novelty of Keynes's approach lies in offering a method of
 analysis requiring cooperation on the part of the reader, in the effort to
 tackle the complexity of the economic material.
Journal: The European Journal of the History of Economic Thought 
Pages: 1060-1084 
Issue: 6 
Volume: 21 
Year: 2014 
Month: 12 
X-DOI: 10.1080/09672567.2014.966128 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.966128 
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:6:p:1060-1084




Template-Type: ReDIF-Article 1.0
Author-Name: Lucy Brillant 
Author-X-Name-First: Lucy 
Author-X-Name-Last: Brillant 
Title: A reconsideration of the role of forward-market arbitrage in Keynes' and Hicks' theories of the term structure of interest rates 
Abstract:
 This paper develops the relationship between Hicks' and Keynes' writings
 on the theory of the term structure of interest rates, and shows in detail
 how Hicks built on and extended Keynes' account. According to this theory,
 the level of the long-term interest rate is determined by expectations of
 future short-term rates. Keynes' thinking contained several notions - such
 as the preferred habitat of lenders, the theory of forward markets, and
 risk premiums - which Hicks used to give a more complete theory of the
 term structure of interest rates. Besides implementing these notions in
 his own theory, Hicks introduced the concepts of the preferred habitat of
 borrowers, the liquidity risk premium, and arbitrageurs who can take
 advantage of spreads between spot and forward rates and eliminate risk
 premiums.
Journal: The European Journal of the History of Economic Thought 
Pages: 1085-1101 
Issue: 6 
Volume: 21 
Year: 2014 
Month: 12 
X-DOI: 10.1080/09672567.2014.972425 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.972425 
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:6:p:1085-1101




Template-Type: ReDIF-Article 1.0
Author-Name: Luca Fantacci 
Author-X-Name-First: Luca 
Author-X-Name-Last: Fantacci 
Author-Name: Maria Cristina Marcuzzo 
Author-X-Name-First: Maria Cristina 
Author-X-Name-Last: Marcuzzo 
Author-Name: Eleonora Sanfilippo 
Author-X-Name-First: Eleonora 
Author-X-Name-Last: Sanfilippo 
Title: A note on the notions of risk-premium and liquidity-premium in Hicks's and Keynes's analyses of the term structure of interest rates 
Abstract:
 While in Hicks's analysis there is the idea of a yield curve normally
 upward sloping, Keynes does not appear to envisage a systematic positive
 spread between long-term and short-term interest rates. This is mainly due
 a difference in their notions of liquidity, and in particular to Keynes's
 disbelief in the possibility of quantifying the premium required to induce
 investors to hold long-term rather than short-term assets. It follows that
 Hicks's and Keynes's explanations of the term structure are neither
 identical nor can be assimilated to the notion of 'preferred habitat', as
 suggested in some literature.
Journal: The European Journal of the History of Economic Thought 
Pages: 1102-1108 
Issue: 6 
Volume: 21 
Year: 2014 
Month: 12 
X-DOI: 10.1080/09672567.2014.972637 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.972637 
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Handle: RePEc:taf:eujhet:v:21:y:2014:i:6:p:1102-1108




Template-Type: ReDIF-Article 1.0
Author-Name: David Laidler 
Author-X-Name-First: David 
Author-X-Name-Last: Laidler 
Title: Three revolutions in macroeconomics: their nature and influence 
Abstract:
 Harry Johnson's 1971 ideas about the factors affecting the success of the
 Keynesian Revolution and the Monetarist Counter-revolution are summarised
 and extended to the analysis of the Rational Expectations-New Classical
 (RE-NC) Revolution. It is then argued that whereas Monetarism brought
 about a revival of the quantity theory of money from the limbo into which
 Keynesianism had pushed it, RE-NC modelling was responsible for that
 theory's most recent disappearance. This happened despite the fact that,
 initially, RE-NC economics appeared to be a mainly technical extension and
 refinement of Monetarism, rather than a radically new economic doctrine.
 Some implications of this story for todays' macroeconomics are briefly
 discussed.
Journal: The European Journal of the History of Economic Thought 
Pages: 1-25 
Issue: 1 
Volume: 22 
Year: 2015 
Month: 2 
X-DOI: 10.1080/09672567.2014.972114 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.972114 
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:1:p:1-25




Template-Type: ReDIF-Article 1.0
Author-Name: Michael V. White 
Author-X-Name-First: Michael V. 
Author-X-Name-Last: White 
Title: A peculiar archaeology: Searching for Mr Giffen's behaviour 
Abstract:
 It has been claimed that references to 'Giffen behaviour' constituted a
 single research project, driven by attempts to establish whether an
 initial 'conjecture' by Alfred Marshall had empirical validity. There is
 no stable basis for that claim because Marshall's discussion was
 contradictory and Robert Giffen rejected a key assumption made by
 Marshall. By the mid-1920s, discussion of an upward-sloping demand curve
 attached no particular significance to a Marshallian story. The
 formulation of the Irish famine Giffen exemplar by P.A. Samuelson
 illustrates how Giffen behaviour was stabilised as the single possible
 exception to the law of demand in the 1960s.
Journal: The European Journal of the History of Economic Thought 
Pages: 26-50 
Issue: 1 
Volume: 22 
Year: 2015 
Month: 2 
X-DOI: 10.1080/09672567.2013.792368 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.792368 
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:1:p:26-50




Template-Type: ReDIF-Article 1.0
Author-Name: Claire Silvant 
Author-X-Name-First: Claire 
Author-X-Name-Last: Silvant 
Title: The question of inheritance in mid-nineteenth century French liberal thought 
Abstract:
 In this paper, we explore a French debate in the nineteenth century
 Liberal School: the question of inheritance. We first present the
 opposition among liberal economists between the advocates of the liberty
 of bequest and the defenders of its limitations. We then try to show that
 these contrasted positions cannot be reduced to the confrontation between
 the doctrine of natural rights and the principle of social utility.
 Finally, we propose another explanation for the divergences of the Liberal
 School through different conceptions of the State.
Journal: The European Journal of the History of Economic Thought 
Pages: 51-76 
Issue: 1 
Volume: 22 
Year: 2015 
Month: 2 
X-DOI: 10.1080/09672567.2013.792363 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.792363 
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:1:p:51-76




Template-Type: ReDIF-Article 1.0
Author-Name: Dimitris P. Sotiropoulos 
Author-X-Name-First: Dimitris P. 
Author-X-Name-Last: Sotiropoulos 
Title: Hilferding on derivatives 
Abstract:
 Rudolf Hilferding has always been regarded as a leading Marxist scholar.
 His theoretical intervention is still considered to be benchmark in
 Political Economy. Nevertheless, Hilferding's approach to derivatives has
 been left untouched. The aim of this paper is precisely to fill this gap
 in the literature. Hilferding realised that the development of the stock
 exchange was indeed parallel to another important event: the emergence of
 standardised derivative exchanges; he underlined their economic
 significance for the organisation of capitalism. In spite of how one
 appraises the final outcome of his analysis, the intention to incorporate
 futures markets in his general approach and to analyse them using Marxian
 theoretical categories is quite exceptional in the long tradition of
 political economy.
Journal: The European Journal of the History of Economic Thought 
Pages: 77-96 
Issue: 1 
Volume: 22 
Year: 2015 
Month: 2 
X-DOI: 10.1080/09672567.2012.708769 
File-URL: http://hdl.handle.net/10.1080/09672567.2012.708769 
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:1:p:77-96




Template-Type: ReDIF-Article 1.0
Author-Name: Richard K. Blundel 
Author-X-Name-First: Richard K. 
Author-X-Name-Last: Blundel 
Title: Beyond strategy: A critical review of Penrose's 'single argument' and its implications for economic development 
Abstract:
 This paper offers a critical review of the 'single argument' that
 underpins Edith Penrose's, <italic>The Theory of the Growth of the
 Firm</italic>, which was first published in 1959. (TGF). It aims to
 complement and counterpoint recent examinations of Penrose's influence on
 strategic management, and on the resource-based view in particular. The
 paper examines six components of the argument, tracing their
 interconnected journey towards TGF's relatively neglected final chapters,
 which address the economic consequences of the growth of large firms. It
 also reflects on the implications for economic development research, with
 reference to Penrose's later critique of contemporary liberalisation
 policies.
Journal: The European Journal of the History of Economic Thought 
Pages: 97-122 
Issue: 1 
Volume: 22 
Year: 2015 
Month: 2 
X-DOI: 10.1080/09672567.2013.792364 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.792364 
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:1:p:97-122




Template-Type: ReDIF-Article 1.0
Author-Name: Carlo Natali 
Author-X-Name-First: Carlo 
Author-X-Name-Last: Natali 
Title: A Review of "A Re-Assessment of Aristotle's Economic Thought", by Ricardo F. Crespo 
Journal: The European Journal of the History of Economic Thought 
Pages: 123-126 
Issue: 1 
Volume: 22 
Year: 2015 
Month: 2 
X-DOI: 10.1080/09672567.2014.924696 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.924696 
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:1:p:123-126




Template-Type: ReDIF-Article 1.0
Author-Name: Cosimo Perrotta 
Author-X-Name-First: Cosimo 
Author-X-Name-Last: Perrotta 
Title: A Review of "Come servi. Figure del lavoro salariato dal diritto naturale all'economia politica", by Maria Luisa Pesante 
Journal: The European Journal of the History of Economic Thought 
Pages: 126-130 
Issue: 1 
Volume: 22 
Year: 2015 
Month: 2 
X-DOI: 10.1080/09672567.2014.924698 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.924698 
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:1:p:126-130




Template-Type: ReDIF-Article 1.0
Author-Name: Roger Middleton 
Author-X-Name-First: Roger 
Author-X-Name-Last: Middleton 
Title: A Review of "Fortune Tellers: The Story of America's First Economic Forecasters", by Walter A. Friedman 
Journal: The European Journal of the History of Economic Thought 
Pages: 130-135 
Issue: 1 
Volume: 22 
Year: 2015 
Month: 2 
X-DOI: 10.1080/09672567.2014.924700 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.924700 
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:1:p:130-135




Template-Type: ReDIF-Article 1.0
Author-Name: Ryan Walter 
Author-X-Name-First: Ryan 
Author-X-Name-Last: Walter 
Title: A Review of "Adam Ferguson in the Scottish Enlightenment: The Roman Past and Europe's Future", by Iain McDaniel 
Journal: The European Journal of the History of Economic Thought 
Pages: 135-140 
Issue: 1 
Volume: 22 
Year: 2015 
Month: 2 
X-DOI: 10.1080/09672567.2014.924701 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.924701 
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:1:p:135-140




Template-Type: ReDIF-Article 1.0
Author-Name: Manuela Mosca 
Author-X-Name-First: Manuela 
Author-X-Name-Last: Mosca 
Title: A Review of "R&#xe9;glementations et concurrence dans le chemins de fer fran&#xe7;ais, 1823-1914", by Guy Numa 
Journal: The European Journal of the History of Economic Thought 
Pages: 140-144 
Issue: 1 
Volume: 22 
Year: 2015 
Month: 2 
X-DOI: 10.1080/09672567.2014.924702 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.924702 
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:1:p:140-144




Template-Type: ReDIF-Article 1.0
Author-Name: Ey&#xfc;p &Ouml;zveren 
Author-X-Name-First: Ey&#xfc;p 
Author-X-Name-Last: &Ouml;zveren 
Author-Name: Seven A&#x11f;&#x131;r 
Author-X-Name-First: Seven 
Author-X-Name-Last: A&#x11f;&#x131;r 
Title: A Review of "A History of Ottoman Economic Thought. Developments Before the Nineteenth Century", by Fatih Ermis 
Journal: The European Journal of the History of Economic Thought 
Pages: 144-149 
Issue: 1 
Volume: 22 
Year: 2015 
Month: 2 
X-DOI: 10.1080/09672567.2014.924703 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.924703 
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:1:p:144-149




Template-Type: ReDIF-Article 1.0
Author-Name: Stuart Macintyre 
Author-X-Name-First: Stuart 
Author-X-Name-Last: Macintyre 
Title: A Review of "Maurice Dobb: Political Economist", by Timothy Shenk 
Journal: The European Journal of the History of Economic Thought 
Pages: 149-152 
Issue: 1 
Volume: 22 
Year: 2015 
Month: 2 
X-DOI: 10.1080/09672567.2014.924704 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.924704 
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:1:p:149-152




Template-Type: ReDIF-Article 1.0
Author-Name: Erich W. Streissler 
Author-X-Name-First: Erich W. 
Author-X-Name-Last: Streissler 
Title: A Review of "German Utility Theory: Analysis and Translations", by John S. Chipman 
Journal: The European Journal of the History of Economic Thought 
Pages: 153-158 
Issue: 1 
Volume: 22 
Year: 2015 
Month: 2 
X-DOI: 10.1080/09672567.2014.972112 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.972112 
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:1:p:153-158




Template-Type: ReDIF-Article 1.0
Author-Name: Daniela Donnini Macci&ograve; 
Author-X-Name-First: Daniela 
Author-X-Name-Last: Donnini Macci&ograve; 
Title: G.E. Moore's philosophy and Cambridge economics: Ralph Hawtrey on ethics and methodology 
Abstract:
 The paper discusses Ralph Hawtrey's critical approach to welfare
 economics. Hawtrey, one of the Cambridge Apostles, was deeply influenced
 by the ethical philosophy of G.E. Moore. First in <italic>The Economic
 Problem</italic> (1926), and then in several other writings, Hawtrey
 denounced contemporary economics as lacking in ethical foundations, and,
 accordingly, regarded the individualist economic system as morally
 unsatisfactory. Hawtrey's approach is compared to that of a contemporary
 Apostle and Cambridge economist, Gerald Shove. Hawtrey's and Shove's
 tentative applications of Moore's philosophy to economics and political
 science, respectively, provide intriguing evidence of a neglected Moorean
 undercurrent in Cambridge social sciences.
Journal: The European Journal of the History of Economic Thought 
Pages: 163-197 
Issue: 2 
Volume: 22 
Year: 2015 
Month: 4 
X-DOI: 10.1080/09672567.2013.792371 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.792371 
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:2:p:163-197




Template-Type: ReDIF-Article 1.0
Author-Name: Muriel Gilardone 
Author-X-Name-First: Muriel 
Author-X-Name-Last: Gilardone 
Title: Rawls's influence and counter-influence on Sen: Post-welfarism and impartiality 
Abstract:
 This article aims to clarify Sen's paradoxical relationship to Rawls's
 work in the face of some misconceptions. It is argued, first, that the
 dialogue between the authors did not start with Sen's 1980 article
 "Equality of What?": Rather, this article represents the beginning of a
 transformation in Sen's position towards Rawls. Second, Sen's approach to
 justice is not a mere extension of Rawls's theory of justice as fairness:
 The departure relies less on a different metric of justice than on a
 divergent conception of impartiality, one which undermines the foundation
 of Rawls's theory of justice.
Journal: The European Journal of the History of Economic Thought 
Pages: 198-235 
Issue: 2 
Volume: 22 
Year: 2015 
Month: 4 
X-DOI: 10.1080/09672567.2013.792365 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.792365 
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:2:p:198-235




Template-Type: ReDIF-Article 1.0
Author-Name: Ying-Fang Kao 
Author-X-Name-First: Ying-Fang 
Author-X-Name-Last: Kao 
Author-Name: K. Vela Velupillai 
Author-X-Name-First: K. Vela 
Author-X-Name-Last: Velupillai 
Title: Behavioural economics: Classical and modern 
Abstract:
 In this paper, the origins and development of behavioural economics,
 beginning with the pioneering works of Herbert Simon and Ward Edwards, are
 traced and (critically) discussed. Two kinds of behavioural economics -
 classical and modern - are attributed, respectively, to the two pioneers.
 The mathematical foundations of classical behavioural economics are
 identified, largely, to be in the theory of computation and computational
 complexity; the mathematical basis for modern behavioural economics is
 claimed to be a notion of subjective probability. Individually rational
 economic theories of behaviour, with attempts to broaden - and deepen -
 the notion of rationality, challenging its orthodox variants, were
 decisively influenced by these two mathematical underpinnings.
Journal: The European Journal of the History of Economic Thought 
Pages: 236-271 
Issue: 2 
Volume: 22 
Year: 2015 
Month: 4 
X-DOI: 10.1080/09672567.2013.792366 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.792366 
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:2:p:236-271




Template-Type: ReDIF-Article 1.0
Author-Name: Nikolay Nenov Nenovsky 
Author-X-Name-First: Nikolay Nenov 
Author-X-Name-Last: Nenovsky 
Title: Ivan Kinkel's (1883-1945) theory of economic development 
Abstract:
 This paper presents and discusses the "<italic>Attempt at Constructing a
 New Theory of Economic Development and Cultural Cycles</italic>",
 published by the Bulgarian economist and sociologist of Russian origin,
 Ivan Kinkel (1883-1945) in 1921. Kinkel's theory, although unknown outside
 Bulgarian academic circles, carries a range of original ideas and new
 insights within the frame of <italic>Schmollerprogramm</italic>. It
 emphasises the importance of studying economic development as
 sociocultural evolutionary change, focuses on the role of unity in social
 life and the plurality of human motives and attempts to methodologically
 link theory and history into a multidisciplinary approach. Kinkel's work
 in general, and his theory of cyclical development in particular, can not
 only be of value for the study of economic thought and the diffusion of
 ideas, but can also offer insights into the forces underlying the profound
 changes that we have been witnessing recently.
Journal: The European Journal of the History of Economic Thought 
Pages: 272-299 
Issue: 2 
Volume: 22 
Year: 2015 
Month: 4 
X-DOI: 10.1080/09672567.2013.792367 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.792367 
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:2:p:272-299




Template-Type: ReDIF-Article 1.0
Author-Name: Renaud Fillieule 
Author-X-Name-First: Renaud 
Author-X-Name-Last: Fillieule 
Title: A comprehensive graphical exposition of the macroeconomic theory of B&#xf6;hm-Bawerk 
Abstract:
 This paper offers a comprehensive graphical exposition of B&#xf6;hm-Bawerk's
 formalised macroeconomic theory. This graphical model is used here for the
 first time to study the effects of the changes in the explanatory
 variables (quantity of capital, number of workers and level of technical
 knowledge) on the dependent variables (interest rate, wage and period of
 production). This systematic application of the model shows that some of
 the conclusions drawn by B&#xf6;hm-Bawerk are incorrect and need to be amended.
 A comparison with Solow's model also shows that B&#xf6;hm-Bawerk can
 legitimately be considered as one of the main originators of the standard
 contemporary approach in macroeconomics of equilibrium and growth.
Journal: The European Journal of the History of Economic Thought 
Pages: 300-321 
Issue: 2 
Volume: 22 
Year: 2015 
Month: 4 
X-DOI: 10.1080/09672567.2013.792372 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.792372 
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:2:p:300-321




Template-Type: ReDIF-Article 1.0
Author-Name: Roger E. Backhouse 
Author-X-Name-First: Roger E. 
Author-X-Name-Last: Backhouse 
Title: <italic>Micha&#x142; Kalecki: An Intellectual Biography</italic>. Volume I, <italic>Rendezvous in Cambridge 1899-1939</italic>, by Jan Toporowski 
Journal: The European Journal of the History of Economic Thought 
Pages: 322-325 
Issue: 2 
Volume: 22 
Year: 2015 
Month: 4 
X-DOI: 10.1080/09672567.2015.1008237 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1008237 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:2:p:322-325




Template-Type: ReDIF-Article 1.0
Author-Name: Ludovic Frobert 
Author-X-Name-First: Ludovic 
Author-X-Name-Last: Frobert 
Title: <italic>&#x152;uvres Compl&#xe8;tes Henri Saint-Simon</italic> 
Journal: The European Journal of the History of Economic Thought 
Pages: 325-330 
Issue: 2 
Volume: 22 
Year: 2015 
Month: 4 
X-DOI: 10.1080/09672567.2015.1008247 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1008247 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:22:y:2015:i:2:p:325-330




Template-Type: ReDIF-Article 1.0
Author-Name: Ana Maria Bianchi 
Author-X-Name-First: Ana Maria 
Author-X-Name-Last: Bianchi 
Title: <italic>Worldly Philosopher. The Odyssey of Albert O. Hirschman</italic>, by Jeremy Adelman 
Journal: The European Journal of the History of Economic Thought 
Pages: 330-334 
Issue: 2 
Volume: 22 
Year: 2015 
Month: 4 
X-DOI: 10.1080/09672567.2015.1008248 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1008248 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:2:p:330-334




Template-Type: ReDIF-Article 1.0
Author-Name: Elisabeth Allgoewer 
Author-X-Name-First: Elisabeth 
Author-X-Name-Last: Allgoewer 
Title: <italic>Die &Ouml;konomik im Spannungsfeld zwischen Natur- und Geisteswissenschaften. Alte und neue Perspektiven im Licht des j&#xfc;ngsten Methodenstreits</italic>, by Heinz D. Kurz (ed.) 
Journal: The European Journal of the History of Economic Thought 
Pages: 334-338 
Issue: 2 
Volume: 22 
Year: 2015 
Month: 4 
X-DOI: 10.1080/09672567.2015.1008250 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1008250 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:2:p:334-338




Template-Type: ReDIF-Article 1.0
Author-Name: Michalis Psalidopoulos 
Author-X-Name-First: Michalis 
Author-X-Name-Last: Psalidopoulos 
Title: <italic>Interdisciplinary Economics. Kenneth E. Boulding's Engagement in the Sciences</italic>, by Wilfried Dolfsma and Stefan Kesting (eds.) 
Journal: The European Journal of the History of Economic Thought 
Pages: 338-339 
Issue: 2 
Volume: 22 
Year: 2015 
Month: 4 
X-DOI: 10.1080/09672567.2015.1008251 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1008251 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:22:y:2015:i:2:p:338-339




Template-Type: ReDIF-Article 1.0
Author-Name: Beno&#xee;t Walraevens 
Author-X-Name-First: Beno&#xee;t 
Author-X-Name-Last: Walraevens 
Author-Name: Andreas Ormann 
Author-X-Name-First: Andreas 
Author-X-Name-Last: Ormann 
Title: <italic>The Oxford Handbook of Adam Smith</italic>, by Christopher J. Berry, Maria Pia Paganelli, Craig Smith 
Journal: The European Journal of the History of Economic Thought 
Pages: 340-343 
Issue: 2 
Volume: 22 
Year: 2015 
Month: 4 
X-DOI: 10.1080/09672567.2015.1008303 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1008303 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:2:p:340-343




Template-Type: ReDIF-Article 1.0
Author-Name: Arnaud Orain 
Author-X-Name-First: Arnaud 
Author-X-Name-Last: Orain 
Title: On the difficulty of constituting an economic <italic>avant-garde</italic> in the French Enlightenment 
Journal: The European Journal of the History of Economic Thought 
Pages: 349-358 
Issue: 3 
Volume: 22 
Year: 2015 
Month: 6 
X-DOI: 10.1080/09672567.2015.1026113 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1026113 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:22:y:2015:i:3:p:349-358




Template-Type: ReDIF-Article 1.0
Author-Name: Lo&#xef;c Charles 
Author-X-Name-First: Lo&#xef;c 
Author-X-Name-Last: Charles 
Author-Name: Christine Th&#xe9;r&#xe9;
Author-X-Name-First: Christine 
Author-X-Name-Last: Th&#xe9;r&#xe9; 
Title: <italic>Jeux de mots</italic>, narrative and economic writing: The rhetoric of anti-physiocracy in French economic periodicals (1764-1769) 
Abstract:
 This article analyses the extensive debate that took place from 1764 to
 1769 between, on the one hand, Fran &#xe7;ois Quesnay and the Physiocrats and,
 on the other hand, a group of authors led by Fran &#xe7;ois V&#xe9;ron de
 Forbonnais. In this article, we argue that these exchanges have, to a
 large extent, structured the anti-physiocratic rhetoric.
Journal: The European Journal of the History of Economic Thought 
Pages: 359-382 
Issue: 3 
Volume: 22 
Year: 2015 
Month: 6 
X-DOI: 10.1080/09672567.2014.951671 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.951671 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:3:p:359-382




Template-Type: ReDIF-Article 1.0
Author-Name: Arnaud Orain 
Author-X-Name-First: Arnaud 
Author-X-Name-Last: Orain 
Title: Figures of mockery. The cultural disqualification of physiocracy (1760-1790) 
Abstract:
 By studying seriously a literature generally dismissed by the historians
 of economics - satires, tales, theatrical works, pamphlets, poems, and
 songs that mock with humour the physiocrats, their fellow-travellers, and
 their doctrines - this paper reveals what was made of them and their
 ideas, who did this, and the underlying whys and wherefores. Three major
 forms of critiques are considered. The first, that of a Church (the
 <italic>Encyclop&#xe9;distes</italic>) fighting a rising heresy (the
 physiocrats), concludes that the fanaticism of the latter is incompatible
 with the virtues of tolerance that must characterise the true
 <italic>philosophes</italic>. In the second form, the
 <italic>Encyclop&#xe9;distes</italic> and the
 <italic>&Eacute;conomistes</italic> are assimilated. Both led to the
 destruction of the old taxonomy of society and even to death, to famine
 and to a chaos of transgression. The third form concerns the dubious
 parallel between the <italic>y-king</italic> of ancient China and the
 <italic>Tableau &#xe9;conomique</italic>. These three types of cultural
 writings capture and explain something new - physiocratic political
 economy - thanks to well-known mental constructs. It stages characters and
 facts in order to give meaning to events the causes of which are difficult
 to explain. It is, beyond all the irony and mockery, an attempt to
 understand and to defuse new fears resulting from this incredible
 endeavour to change reality.
Journal: The European Journal of the History of Economic Thought 
Pages: 383-419 
Issue: 3 
Volume: 22 
Year: 2015 
Month: 6 
X-DOI: 10.1080/09672567.2014.1003952 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.1003952 
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:3:p:383-419




Template-Type: ReDIF-Article 1.0
Author-Name: Florence Magnot-Ogilvy 
Author-X-Name-First: Florence 
Author-X-Name-Last: Magnot-Ogilvy 
Title: A body without a voice: A literary approach to Linguet's opposition to the physiocrats over the free trade in grain 
Abstract:
 Linguet was a critic of the physiocrats and of what he perceived as the
 disastrous consequences the liberalisation of the trade in grain on the
 people. Linguet's rhetorical use of the voice of the people is studied
 here through its rhetorical device and its fantasmatic and ideological
 echoes. With his dramatised and polyphonic style Linguet quotes many
 different protagonists, but he chooses to neuter the people's voice on the
 rare occasions when it is heard. Despite this rather conventional
 suppression of the people's voice, Linguet's claims to be a spokesman or
 advocate of the people are quite convincing. Through his detailed and
 hyperbolic depiction of the physical suffering of starving people, Linguet
 shines a light on one of the blind spots of the Physiocratic doctrine
 which sees no damage in economic prosperity.
Journal: The European Journal of the History of Economic Thought 
Pages: 420-444 
Issue: 3 
Volume: 22 
Year: 2015 
Month: 6 
X-DOI: 10.1080/09672567.2015.1026919 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1026919 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:3:p:420-444




Template-Type: ReDIF-Article 1.0
Author-Name: Thierry Demals 
Author-X-Name-First: Thierry 
Author-X-Name-Last: Demals 
Author-Name: Alexandra Hyard 
Author-X-Name-First: Alexandra 
Author-X-Name-Last: Hyard 
Title: Forbonnais, the two balances and the &Eacute;conomistes 
Abstract:
 The link established by Fran &#xe7;ois V&#xe9;ron de Forbonnais (1722-1800) between
 two balances, the balance of trade and the balance of power, takes its
 full meaning in the context of the science of trade or "commerce
 politique" the author developed in his works. In polemical stance against
 the &Eacute;conomistes - the Physiocrats - and starting from the
 irremediable fact of the division of nations rather than their union, he
 intended to promote two goals: peace in Europe and the prosperity of
 nations through foreign trade. His approach was disputed by the
 &Eacute;conomistes who proposed instead a confraternal vision of nations
 in a free trade environment. This paper analyses Forbonnais' arguments,
 the answers of the &Eacute;conomistes and Forbonnais' final reply, and
 stresses the different views of politics this polemic denotes.
Journal: The European Journal of the History of Economic Thought 
Pages: 445-472 
Issue: 3 
Volume: 22 
Year: 2015 
Month: 6 
X-DOI: 10.1080/09672567.2015.1019907 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1019907 
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:3:p:445-472




Template-Type: ReDIF-Article 1.0
Author-Name: Th&#xe9;ophile P&#xe9;nigaud 
Author-X-Name-First: Th&#xe9;ophile 
Author-X-Name-Last: P&#xe9;nigaud 
Title: The political opposition of Rousseau to Physiocracy: government, interest, citizenship 
Abstract:
 Rousseau's relation to the Physiocrats has long been described as a
 "missed encounter" of which the Rousseau's letter to Mirabeau would serve
 as evidence. In opposition to this statement, I show in this article that
 this letter may offer a reliable prism which sheds light on Rousseau's
 meaningful opposition to physiocratic views. This opposition can be
 analyzed along three distinct conceptual lines, each interesting in its
 own right, and with regard to the birth of our political modernity. These
 are the theory of government, the definition of interest, and the
 interaction between public opinion and the formation of citizenship.
Journal: The European Journal of the History of Economic Thought 
Pages: 473-499 
Issue: 3 
Volume: 22 
Year: 2015 
Month: 6 
X-DOI: 10.1080/09672567.2014.1003951 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.1003951 
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:3:p:473-499




Template-Type: ReDIF-Article 1.0
Author-Name: Pierre Henri Goutte 
Author-X-Name-First: Pierre Henri 
Author-X-Name-Last: Goutte 
Author-Name: G&#xe9;rard Klotz 
Author-X-Name-First: G&#xe9;rard 
Author-X-Name-Last: Klotz 
Title: Turgot: a critic of physiocracy? An analysis of the debates in <italic>&Eacute;ph&#xe9;m&#xe9;rides du Citoyen</italic> and in correspondence with Dupont 
Abstract:
 Anne-Robert-Jacques Turgot (1727-1781) is one of the few French economic
 theorists who led a political career and held ministerial office. He
 continues to intrigue both historians and historians of economic thought
 where his relationship with the physiocrats is concerned. Does Turgot
 fully share their belief system, or does he only borrow a few elements
 from it? Is he a critical author of this school of thought? To date, no
 agreement has been reached on this subject. This paper attempts to answer
 some of these questions in an objective manner, drawing on the evidence
 provided by texts and therefore minimising the interpretations. The
 sources we will primarily refer to are the <italic>&Eacute;ph&#xe9;m&#xe9;rides du
 citoyen</italic> and Turgot's correspondence with Dupont. We will revisit
 the economic themes of large- and small-scale farming, as well as savings,
 and discuss Turgot's views on slavery and the "sectarian spirit" of the
 physiocrats.
Journal: The European Journal of the History of Economic Thought 
Pages: 500-533 
Issue: 3 
Volume: 22 
Year: 2015 
Month: 6 
X-DOI: 10.1080/09672567.2014.977320 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.977320 
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:3:p:500-533




Template-Type: ReDIF-Article 1.0
Author-Name: Alain Cl&#xe9;ment 
Author-X-Name-First: Alain 
Author-X-Name-Last: Cl&#xe9;ment 
Title: Nicolas Baudeau, an anti-physiocrat? <italic>&Eacute;ph&#xe9;m&#xe9;rides du citoyen</italic> prior to "conversion" (1765-1766) 
Abstract:
 <italic>&Eacute;ph&#xe9;m&#xe9;rides du citoyen</italic> is often considered to be
 an anti-physiocratic periodical, up until Baudeau's adherence to Quesnay's
 theories in 1766. An analysis of the journal's main economic themes
 between 1765 and 1766 however shows that this interpretation is
 inaccurate. It is true that the theme of rurality, the issue of the
 colonies and Baudeau's needs analyses indicate an original line of
 thinking, in which the public powers played the role of primary investor
 via a "land clearing company" or a "threefold royal messengers service".
 However, these contain no radical opposition to the liberal ideas
 developed by Quesnay.
Journal: The European Journal of the History of Economic Thought 
Pages: 534-563 
Issue: 3 
Volume: 22 
Year: 2015 
Month: 6 
X-DOI: 10.1080/09672567.2014.997833 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.997833 
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:3:p:534-563




Template-Type: ReDIF-Article 1.0
Author-Name: Mark Donoghue 
Author-X-Name-First: Mark 
Author-X-Name-Last: Donoghue 
Title: The scope and significance of William Thomas Thornton's literary works 
Abstract:
 Following the publication in the 1840s of two political economy tracts,
 William T. Thornton had come to be seen as an influential social reformer
 and economic commentator. The 1850s were marked, in turn, by the
 publication of three books of verse. These works form a bridge linking his
 political tracts of the 1840s to the economic and philosophical works he
 penned in the 1860s and 1870s. Thornton's poetical compositions also serve
 to illustrate how the creative work of an economist can shed light on
 matters treated only cursorily in his earlier political tracts and later
 economic treatises.
Journal: The European Journal of the History of Economic Thought 
Pages: 569-600 
Issue: 4 
Volume: 22 
Year: 2015 
Month: 8 
X-DOI: 10.1080/09672567.2013.792376 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.792376 
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:4:p:569-600




Template-Type: ReDIF-Article 1.0
Author-Name: Sylvie Rivot 
Author-X-Name-First: Sylvie 
Author-X-Name-Last: Rivot 
Title: Rule-based frameworks in historical perspective: Keynes' and Friedman's monetary policies <italic>versus</italic> contemporary policy-rules 
Abstract:
 This paper compares Keynes' and Friedman's views on monetary policy in the
 light of contemporary views on this issue. First, it is demonstrated that
 what are today called 'rules' do not fit into a Friedmanite tradition,
 basically because of Friedman's refusal to allow any discretion to
 monetary authorities and his model-uncertainty argument. Second, it is
 shown that Keynes' monetary guidelines are also in fact 'rules', although
 his conception of a 'discretionary rule' is in sharp contrast with
 contemporary conceptions. What is ultimately at stake here is the capacity
 of collective bodies to behave efficiently, and the role played by
 uncertainty in the economy.
Journal: The European Journal of the History of Economic Thought 
Pages: 601-633 
Issue: 4 
Volume: 22 
Year: 2015 
Month: 8 
X-DOI: 10.1080/09672567.2013.792369 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.792369 
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:4:p:601-633




Template-Type: ReDIF-Article 1.0
Author-Name: Germ&#xe1;n D. Feldman 
Author-X-Name-First: Germ&#xe1;n D. 
Author-X-Name-Last: Feldman 
Title: A Sraffian interpretation of classical monetary controversies 
Abstract:
 The aim of this paper is to explore the contrasting views of inflation,
 exchange rate misalignments and determinants of gold flows held by
 different branches of the classical school during the first half of the
 nineteenth century. The properties of money neutrality and money
 endogeneity within the classical system are studied by reinterpreting
 these controversies through the analytical framework of the surplus
 approach as reconstructed by Sraffa [<italic>Production of Commodities by
 Means of Commodities</italic>. Cambridge: Cambridge University Press,
 1960] and his followers.
Journal: The European Journal of the History of Economic Thought 
Pages: 634-661 
Issue: 4 
Volume: 22 
Year: 2015 
Month: 8 
X-DOI: 10.1080/09672567.2013.792370 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.792370 
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:4:p:634-661




Template-Type: ReDIF-Article 1.0
Author-Name: Rudi Verburg 
Author-X-Name-First: Rudi 
Author-X-Name-Last: Verburg 
Title: Bernard Mandeville's vision of the social utility of pride and greed 
Abstract:
 In the seventeenth and eighteenth centuries, pride and greed were hailed
 for their capacity to tame man's unruly passions and induce cooperation.
 Both narratives concur in the work of Mandeville. How, and to what extent,
 does the Mandevillean alliance of pride and greed account for social
 cooperation? Seeking to gratify his pride in a socially acceptable manner
 by accumulating wealth, man unintentionally creates the conditions that
 promote cooperation. Nevertheless, society remains the scene of
 conflicting forces. Social cooperation is unstable in being sought for
 reasons of gain in the zero-sum struggle for distinction.
Journal: The European Journal of the History of Economic Thought 
Pages: 662-691 
Issue: 4 
Volume: 22 
Year: 2015 
Month: 8 
X-DOI: 10.1080/09672567.2013.824997 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.824997 
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:4:p:662-691




Template-Type: ReDIF-Article 1.0
Author-Name: Jean Dellemotte 
Author-X-Name-First: Jean 
Author-X-Name-Last: Dellemotte 
Author-Name: Beno&#xee;t Walraevens 
Author-X-Name-First: Beno&#xee;t 
Author-X-Name-Last: Walraevens 
Title: Adam Smith on the subordination of wage-earners in the commercial society 
Abstract:
 Adam Smith's discourse on wage labour is both original for its time and
 complex. While Smith indisputably considered the substitution of serfdom
 by wage labour as an improvement in both opulence and independence, we
 argue that he nevertheless saw the wage relationship as one founded on
 subordination. We then cast light on the material factors and symbolic
 mechanisms which, in his writings, explain how and why the worker agrees
 to this subordination. Finally, we endeavour to show that Smith's praise
 for the system of natural liberty as well as his repeated criticisms of
 merchants and capital owners aimed to transcend this issue.
Journal: The European Journal of the History of Economic Thought 
Pages: 692-727 
Issue: 4 
Volume: 22 
Year: 2015 
Month: 8 
X-DOI: 10.1080/09672567.2013.792375 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.792375 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:4:p:692-727




Template-Type: ReDIF-Article 1.0
Author-Name: Simon Adler 
Author-X-Name-First: Simon 
Author-X-Name-Last: Adler 
Title: Les Pens&#xe9;es mon&#xe9;taires dans l'histoire. L'Europe, 1517-1776, edited by J&#xe9;r&ocirc;me Blanc, Ludovic Desmedt 
Journal: The European Journal of the History of Economic Thought 
Pages: 728-730 
Issue: 4 
Volume: 22 
Year: 2015 
Month: 8 
X-DOI: 10.1080/09672567.2015.1042257 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1042257 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:4:p:728-730




Template-Type: ReDIF-Article 1.0
Author-Name: Giuseppe Conti 
Author-X-Name-First: Giuseppe 
Author-X-Name-Last: Conti 
Title: Gli economisti accademici italiani dell'Ottocento. Una storia "documentale.", by Massimo M. Augello (with the collaboration of Francesco Celiano and Giovanna De Santi) 
Journal: The European Journal of the History of Economic Thought 
Pages: 730-734 
Issue: 4 
Volume: 22 
Year: 2015 
Month: 8 
X-DOI: 10.1080/09672567.2015.1042259 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1042259 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:4:p:730-734




Template-Type: ReDIF-Article 1.0
Author-Name: Marco Dardi 
Author-X-Name-First: Marco 
Author-X-Name-Last: Dardi 
Title: The Paretian Tradition during the Interwar Period. From Dynamics to Growth, by Mario Pomini 
Journal: The European Journal of the History of Economic Thought 
Pages: 734-738 
Issue: 4 
Volume: 22 
Year: 2015 
Month: 8 
X-DOI: 10.1080/09672567.2015.1042260 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1042260 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:4:p:734-738




Template-Type: ReDIF-Article 1.0
Author-Name: J&#xe9;r&ocirc;me de Boyer des Roches 
Author-X-Name-First: J&#xe9;r&ocirc;me 
Author-X-Name-Last: de Boyer des Roches 
Title: Alexandre Lamfalussy, The Wise Man of the Euro, by Christophe Lamfalussy, Ivo Maes, Sabine P&#xe9;ters 
Journal: The European Journal of the History of Economic Thought 
Pages: 738-741 
Issue: 4 
Volume: 22 
Year: 2015 
Month: 8 
X-DOI: 10.1080/09672567.2015.1042261 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1042261 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:4:p:738-741




Template-Type: ReDIF-Article 1.0
Author-Name: Giuseppe Franco 
Author-X-Name-First: Giuseppe 
Author-X-Name-Last: Franco 
Title: Neoliberale Staatsverst&#xe4;ndnisse im Vergleich, by Stefan Kolev 
Journal: The European Journal of the History of Economic Thought 
Pages: 741-742 
Issue: 4 
Volume: 22 
Year: 2015 
Month: 8 
X-DOI: 10.1080/09672567.2015.1042262 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1042262 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:4:p:741-742




Template-Type: ReDIF-Article 1.0
Author-Name: Giuseppe Franco 
Author-X-Name-First: Giuseppe 
Author-X-Name-Last: Franco 
Title: Die europ&#xe4;ische Wirtschaftsintegration aus der Perspektive Wilhelm R&#xf6;pkes, by Sara Warneke 
Journal: The European Journal of the History of Economic Thought 
Pages: 743-744 
Issue: 4 
Volume: 22 
Year: 2015 
Month: 8 
X-DOI: 10.1080/09672567.2015.1042263 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1042263 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:4:p:743-744




Template-Type: ReDIF-Article 1.0
Author-Name: G.C. Harcourt 
Author-X-Name-First: G.C. 
Author-X-Name-Last: Harcourt 
Title: <italic>G.L.S. Shackle</italic> in A.P. Thirlwall's series, Great thinkers in economics, Houndmills, Basingstoke, by Peter E. Earl and Bruce Littleboy 
Journal: The European Journal of the History of Economic Thought 
Pages: 744-747 
Issue: 4 
Volume: 22 
Year: 2015 
Month: 8 
X-DOI: 10.1080/09672567.2015.1042264 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1042264 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:4:p:744-747




Template-Type: ReDIF-Article 1.0
Author-Name: Muriel Dal Pont Legrand 
Author-X-Name-First: Muriel 
Author-X-Name-Last: Dal Pont Legrand 
Author-Name: Gilbert Faccarello 
Author-X-Name-First: Gilbert 
Author-X-Name-Last: Faccarello 
Title: Editorial 
Journal: The European Journal of the History of Economic Thought 
Pages: 753-753 
Issue: 5 
Volume: 22 
Year: 2015 
Month: 10 
X-DOI: 10.1080/09672567.2015.1100798 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1100798 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:22:y:2015:i:5:p:753-753




Template-Type: ReDIF-Article 1.0
Author-Name: Gilbert Faccarello 
Author-X-Name-First: Gilbert 
Author-X-Name-Last: Faccarello 
Title: A calm investigation into Mr Ricardo's principles of international trade 
Abstract:
 This paper deals with some difficulties presented by Ricardo's texts on
 international trade, taking seriously Ricardo's account of the systematic
 interaction of real and monetary phenomena. After a brief reassessment of
 the main features of Ricardo's views on foreign trade, some basic
 questions are examined, concerning the method of analysis and the alleged
 invalidity of the labour theory of value at the international level. The
 enquiry goes on to state that, for Ricardo, there are no significant
 differences between domestic and international exchanges, and on this
 basis, proposes a simple and general rule explaining the flows of trade.
 The "principle of comparative advantage" and the "gains from trade" thus
 appear as simple unintended consequences of the decisions of agents in
 free markets. Finally, the characteristics of an international equilibrium
 and the nature and impact of destabilising shocks are analysed.
Journal: The European Journal of the History of Economic Thought 
Pages: 754-790 
Issue: 5 
Volume: 22 
Year: 2015 
Month: 10 
X-DOI: 10.1080/09672567.2015.1086011 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1086011 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:5:p:754-790




Template-Type: ReDIF-Article 1.0
Author-Name: Christian Gehrke 
Author-X-Name-First: Christian 
Author-X-Name-Last: Gehrke 
Title: Ricardo's discovery of comparative advantage revisited: a critique of Ruffin's account 
Abstract:
 In an influential paper, Ruffin has attempted to reconstruct the
 circumstances of Ricardo's discovery of the law of comparative advantage.
 Ruffin's paper has inspired a number of further contributions on the
 precise nature, logical structure, and analytical significance of
 Ricardo's formulation of the law of comparative advantage. This paper
 re-examines Ruffin's reconstruction, and in particular his interpretation
 of Ricardo's three letters of October 1816 and suggests that it lacks
 textual and contextual support.
Journal: The European Journal of the History of Economic Thought 
Pages: 791-817 
Issue: 5 
Volume: 22 
Year: 2015 
Month: 10 
X-DOI: 10.1080/09672567.2015.1074714 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1074714 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:5:p:791-817




Template-Type: ReDIF-Article 1.0
Author-Name: Heinz D. Kurz 
Author-X-Name-First: Heinz D. 
Author-X-Name-Last: Kurz 
Title: David Ricardo: on the art of "elucidating economic principles" in the face of a "labyrinth of difficulties" 
Abstract:
 The paper discusses David Ricardo's analytical achievements. These concern
 his approach to the theory of value and distribution; his analysis of the
 effects of different forms of technical progress on income distribution;
 his analysis of exhaustible resources in terms of differential rent; his
 discussion of machinery and induced technical progress; and his theory of
 foreign trade and the principle of comparative advantage. It is argued
 that Ricardo's analysis has been frequently misrepresented and is a great
 deal more sophisticated than is commonly acknowledged. There are still
 ideas in his writings that have yet to be fully explored.
Journal: The European Journal of the History of Economic Thought 
Pages: 818-851 
Issue: 5 
Volume: 22 
Year: 2015 
Month: 10 
X-DOI: 10.1080/09672567.2015.1074713 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1074713 
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:5:p:818-851




Template-Type: ReDIF-Article 1.0
Author-Name: Victor Bianchini 
Author-X-Name-First: Victor 
Author-X-Name-Last: Bianchini 
Title: From the laws of human nature to capital accumulation: James Mill's analysis of the states of society in the <italic>Elements of Political Economy</italic> 
Abstract:
 James Mill's <italic>Elements of Political Economy</italic> is usually
 treated as a textbook of Ricardian political economy. Although this might
 be justified, there is a passage in this Ricardian textbook that is not
 Ricardian. The passage deals with Mill's analysis of the states of
 society, in which he underlines the laws of human nature conducive to
 capital accumulation. This paper investigates such states.
Journal: The European Journal of the History of Economic Thought 
Pages: 852-871 
Issue: 5 
Volume: 22 
Year: 2015 
Month: 10 
X-DOI: 10.1080/09672567.2015.1073767 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1073767 
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Template-Type: ReDIF-Article 1.0
Author-Name: Shin Kubo 
Author-X-Name-First: Shin 
Author-X-Name-Last: Kubo 
Title: Political economy at mid-nineteenth-century Cambridge: reform, free trade, and the figure of Ricardo 
Abstract:
 Cambridge University raised the status of Political Economy in the
 mid-nineteenth century, a rise finalised and symbolised by the
 full-fledged professorship conferred upon Henry Fawcett in 1863. This
 article sets out a historical description of this rise towards its final
 phase, by examining economic discourses of academics on the Cambridge
 network. The central observation is that behind this process was a gradual
 acceptance of free trade, gradual in the sense that it was not as a sudden
 reaction to the repeal of the Corn Laws but with the changing portrayal of
 Ricardo as the economist of rent theory.
Journal: The European Journal of the History of Economic Thought 
Pages: 872-895 
Issue: 5 
Volume: 22 
Year: 2015 
Month: 10 
X-DOI: 10.1080/09672567.2015.1068822 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1068822 
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:5:p:872-895




Template-Type: ReDIF-Article 1.0
Author-Name: Naveen Kanalu 
Author-X-Name-First: Naveen 
Author-X-Name-Last: Kanalu 
Title: Krishna Bharadwaj's "Return to Classical Theory": an attempt towards an archaeological reconstruction 
Abstract:
 In the wake of Sraffa's 'return to classical theory', Krishna Bharadwaj
 undertook a critical reassessment of Marshall's claim to continuity with
 classical theory in general and Ricardo's 'intensive margin' in
 particular. Her analysis is based on an analytical separation between two
 distinct ways of economic reasoning: the 'surplus based' and the 'demand
 and supply based' theories. Calling it an 'archaeological reconstruction'
 of the history of economic theories, I will examine how such an
 interpretation of theoretical shifts clarifies both the presuppositions
 behind analysing at the 'margin', and hence its radical departure from the
 conceptual content of the classical theory.
Journal: The European Journal of the History of Economic Thought 
Pages: 896-914 
Issue: 5 
Volume: 22 
Year: 2015 
Month: 10 
X-DOI: 10.1080/09672567.2015.1073768 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1073768 
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:5:p:896-914




Template-Type: ReDIF-Article 1.0
Author-Name: Christian Gehrke 
Author-X-Name-First: Christian 
Author-X-Name-Last: Gehrke 
Title: David Ricardo, by John E. King 
Journal: The European Journal of the History of Economic Thought 
Pages: 915-918 
Issue: 5 
Volume: 22 
Year: 2015 
Month: 10 
X-DOI: 10.1080/09672567.2015.1074826 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1074826 
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:5:p:915-918




Template-Type: ReDIF-Article 1.0
Author-Name: Heinz D. Kurz 
Author-X-Name-First: Heinz D. 
Author-X-Name-Last: Kurz 
Title: The Reception of David Ricardo in Continental Europe and Japan, edited by Gilbert Faccarello and Masashi Izumo 
Journal: The European Journal of the History of Economic Thought 
Pages: 918-922 
Issue: 5 
Volume: 22 
Year: 2015 
Month: 10 
X-DOI: 10.1080/09672567.2015.1042265 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1042265 
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Template-Type: ReDIF-Article 1.0
Author-Name: Vito Fragnelli 
Author-X-Name-First: Vito 
Author-X-Name-Last: Fragnelli 
Author-Name: Gianfranco Gambarelli 
Author-X-Name-First: Gianfranco 
Author-X-Name-Last: Gambarelli 
Title: John Forbes Nash (1928-2015) 
Journal: The European Journal of the History of Economic Thought 
Pages: 923-926 
Issue: 5 
Volume: 22 
Year: 2015 
Month: 10 
X-DOI: 10.1080/09672567.2015.1074828 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1074828 
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Template-Type: ReDIF-Article 1.0
Author-Name: Roberto Baranzini 
Author-X-Name-First: Roberto 
Author-X-Name-Last: Baranzini 
Author-Name: Annalisa Rosselli 
Author-X-Name-First: Annalisa 
Author-X-Name-Last: Rosselli 
Author-Name: Hans-Michael Trautwein 
Author-X-Name-First: Hans-Michael 
Author-X-Name-Last: Trautwein 
Title: Introduction 
Journal: The European Journal of the History of Economic Thought 
Pages: 931-933 
Issue: 6 
Volume: 22 
Year: 2015 
Month: 12 
X-DOI: 10.1080/09672567.2015.1093735 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1093735 
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:6:p:931-933




Template-Type: ReDIF-Article 1.0
Author-Name: Jos&#xe9; Lu&#xed;s Cardoso 
Author-X-Name-First: Jos&#xe9; Lu&#xed;s 
Author-X-Name-Last: Cardoso 
Title: Liberalism and enlightened political economy 
Abstract:
 The emergence and development of political economy in the Age of
 Enlightenment is a complex process that shows the richness of a new
 science able to explain the functioning of a commercial society. The roots
 of political economy in the philosophical traditions of natural law help
 to explain its individual and liberal elements, but also its further
 implications for the development of the notions of human sociability, the
 common good, public happiness, and the betterment of society. The
 convergence of these different elements is crucial for understanding the
 common features of the variety of approaches belonging to the broad
 categorisation of enlightened political economy.
Journal: The European Journal of the History of Economic Thought 
Pages: 934-948 
Issue: 6 
Volume: 22 
Year: 2015 
Month: 12 
X-DOI: 10.1080/09672567.2015.1088878 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1088878 
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Template-Type: ReDIF-Article 1.0
Author-Name: Michalis Psalidopoulos 
Author-X-Name-First: Michalis 
Author-X-Name-Last: Psalidopoulos 
Author-Name: Nicholas J. Theocarakis 
Author-X-Name-First: Nicholas J. 
Author-X-Name-Last: Theocarakis 
Title: Disparaging liberal economics in nineteenth-century Greece: The case of "The economist's duck" 
Abstract:
 In 1866, a Greek author under the <italic>nom-de-plume</italic> "Fouram"
 wrote a short stage comedy entitled "The Economist's Duck." In this rather
 crude and artless play, a liberal economist, a follower of Adam Smith and
 J.-B. Say, is lampooned as attempting to show how his duck can subsist
 without food. The duck naturally dies and the economist - and his
 profession - is denounced as a fraud. We have located the play,
 translated, and published it. We use it to shed light on the public
 perception of economics in nineteenth-century Greece and relate it to
 research on the appearance, perception, and criticism of economists and
 economics.
Journal: The European Journal of the History of Economic Thought 
Pages: 949-977 
Issue: 6 
Volume: 22 
Year: 2015 
Month: 12 
X-DOI: 10.1080/09672567.2015.1088879 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1088879 
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Template-Type: ReDIF-Article 1.0
Author-Name: Francis Clav&#xe9; 
Author-X-Name-First: Francis 
Author-X-Name-Last: Clav&#xe9; 
Title: Comparative study of Lippmann's and Hayek's liberalisms (or neo-liberalisms) 
Abstract:
 Walter Lippmann and Friedrich Hayek were both involved in the
 reconstruction of liberalism, or the emergence of neo-liberalism. This
 article will show that although the two authors treated similar themes,
 i.e. information and knowledge, economy, law, and politics, they addressed
 them in a radically different way. Hayek's approach was more
 individualistic, more related to the economy, to the concept of
 spontaneous order and to the limitation of politics by the law. In
 contrast, Lippmann related information and knowledge to expertise, centred
 law around the interactions between individuals and connected harmony more
 to the politicians' actions.
Journal: The European Journal of the History of Economic Thought 
Pages: 978-999 
Issue: 6 
Volume: 22 
Year: 2015 
Month: 12 
X-DOI: 10.1080/09672567.2015.1093522 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1093522 
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:6:p:978-999




Template-Type: ReDIF-Article 1.0
Author-Name: Arash Molavi Vass&#xe9;i 
Author-X-Name-First: Arash 
Author-X-Name-Last: Molavi Vass&#xe9;i 
Title: Recursive utility, increasing impatience and capital deepening: F.A. Hayek's 'utility analysis and interest' 
Abstract:
 This paper argues that F.A. Hayek anticipated the notion of
 <italic>'recursive utility'</italic> and analytically reconstructs his
 informal exposition of the <italic>optimal saving process</italic>. The
 scope of analysis is restricted to Hayek's largely unrecognised
 contribution in <italic>Utility Analysis and Interest</italic> in 1936,
 restated as chapters 17 and 18 in <italic>The Pure Theory of
 Capital</italic>, first published in 1941. It is shown that Hayek
 characterised efficient dynamic choice as an infinite series of two-period
 optimality conditions by transforming an infinite-horizon optimisation
 problem into a perpetual confrontation of current and prospective utility,
 that he hinted at the axiomatic base of stationary and weakly separable
 dynamic preferences, and that he endogenised the subjective discount rate
 to substantiate his claim that the <italic>interest-rate path in a
 perfect-foresight equilibrium is unidirectionally determined by the
 marginal productivity of investment</italic> (and not by thrift). Hayek's
 vision of dynamic social efficiency and dynamic equilibrium is completely
 characterised.
Journal: The European Journal of the History of Economic Thought 
Pages: 1000-1041 
Issue: 6 
Volume: 22 
Year: 2015 
Month: 12 
X-DOI: 10.1080/09672567.2015.1084521 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1084521 
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Template-Type: ReDIF-Article 1.0
Author-Name: Robert Sugden 
Author-X-Name-First: Robert 
Author-X-Name-Last: Sugden 
Title: Consumers' surplus when individuals lack integrated preferences: A development of some ideas from Dupuit 
Abstract:
 In modern economics, consumers' surplus is understood as the sum of
 individuals' compensating variations, defined by reference to well-behaved
 preferences. If individuals lack integrated preferences, as behavioural
 economics suggests they often do, consumers' surplus cannot be defined.
 However, Dupuit - the earliest theorist of consumers' surplus - did not
 assume integrated preferences. His concept of consumers' surplus can be
 interpreted in terms of the maximum yield of discriminatory prices. In
 principle, this can be measured without making assumptions about
 preferences, but (contrary to what Dupuit apparently thought) is not, in
 general, equal to the area under the observed demand curve. 
Journal: The European Journal of the History of Economic Thought 
Pages: 1042-1063 
Issue: 6 
Volume: 22 
Year: 2015 
Month: 12 
X-DOI: 10.1080/09672567.2015.1084522 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1084522 
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:6:p:1042-1063




Template-Type: ReDIF-Article 1.0
Author-Name: Victor Bianchini 
Author-X-Name-First: Victor 
Author-X-Name-Last: Bianchini 
Title: Interpersonal comparisons and individual welfare: back to James Mill 
Abstract:
 This paper provides an interpretation and formal restatement of how for
 James Mill, each of us makes interpersonal comparisons for his own
 account. Such comparisons arise from what he considered the usual
 components of interest: wealth, power, and dignity. The way in which
 interpersonal comparisons influence our individual welfare depends on how
 we compare ourselves to others. When we endeavour to surpass others in a
 vicious way, interpersonal comparisons produce either pleasure or pain for
 ourselves and pain for others; when we endeavour to surpass others in a
 virtuous way, interpersonal comparisons tend, under certain conditions, to
 generate only pleasure for ourselves and for others.
Journal: The European Journal of the History of Economic Thought 
Pages: 1064-1083 
Issue: 6 
Volume: 22 
Year: 2015 
Month: 12 
X-DOI: 10.1080/09672567.2015.1091854 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1091854 
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Template-Type: ReDIF-Article 1.0
Author-Name: Alain Marciano 
Author-X-Name-First: Alain 
Author-X-Name-Last: Marciano 
Author-Name: Rustam Romaniuc 
Author-X-Name-First: Rustam 
Author-X-Name-Last: Romaniuc 
Title: Accident costs, resource allocation and individual rationality: Blum, Kalven and Calabresi 
Abstract:
 In this paper, we analyse the controversy that took place between Blum and
 Kalven, and Calabresi around rationality or, more broadly, how individuals
 behave. We analyse how their respective conception regarding this specific
 aspect was included in their analyses about what economics could say about
 fault, liability and compensation of victims in the case of accident and
 their respective views on the law. First, we show that the debate was a
 sequel of the discussions that took place in tort law from the 1930s to
 the 1950s. Second, we claim that their treatment of rationality strongly
 relates to their views about what the law should be and about what are the
 objectives and goals of the law.
Journal: The European Journal of the History of Economic Thought 
Pages: 1084-1114 
Issue: 6 
Volume: 22 
Year: 2015 
Month: 12 
X-DOI: 10.1080/09672567.2015.1084520 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1084520 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:6:p:1084-1114




Template-Type: ReDIF-Article 1.0
Author-Name: Anna M. Carabelli 
Author-X-Name-First: Anna M. 
Author-X-Name-Last: Carabelli 
Author-Name: Mario A. Cedrini 
Author-X-Name-First: Mario A. 
Author-X-Name-Last: Cedrini 
Title: On "fear of goods" in Keynes's thought 
Abstract:
 Offering a view of the other side of the liquidity issue, the paper
 elaborates on the concept of "fear of goods" in Keynes's thought. It
 therefore illustrates numerous evidences of "fear of goods" in his
 economics, and aims to show that the notion might be considered as playing
 a quite important role in establishing connections between ideas that are
 apparently only weakly related. The article fosters an interpretation of
 the development of Keynes's theoretical arguments and proposed policy
 instruments for both domestic and global economy, as reactions to the
 "fear of goods" of capitalism, which Keynes saw as an inborn propensity of
 monetary economies of production.
Journal: The European Journal of the History of Economic Thought 
Pages: 1115-1148 
Issue: 6 
Volume: 22 
Year: 2015 
Month: 12 
X-DOI: 10.1080/09672567.2015.1094099 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1094099 
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:6:p:1115-1148




Template-Type: ReDIF-Article 1.0
Author-Name: Olav Bjerkholt 
Author-X-Name-First: Olav 
Author-X-Name-Last: Bjerkholt 
Title: How it all began: the first Econometric Society meeting, Lausanne, September 1931 
Abstract:
 The first meeting of the Econometric Society took place in 1931 on the
 initiative of Ragnar Frisch. The meeting initiated the formation of an
 econometric community which influenced the transformation of economics
 through internationalisation and mathematisation. The article gives a
 documentary account of the meeting and its background and of how the
 Society established the first international journal in economics. The
 promising rise of European econometric came to an end when the last two
 interwar meetings collapsed under the dark forebodings of war.
Journal: The European Journal of the History of Economic Thought 
Pages: 1149-1178 
Issue: 6 
Volume: 22 
Year: 2015 
Month: 12 
X-DOI: 10.1080/09672567.2015.1091853 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1091853 
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Handle: RePEc:taf:eujhet:v:22:y:2015:i:6:p:1149-1178




Template-Type: ReDIF-Article 1.0
Author-Name: Theofanis Papageorgiou 
Author-X-Name-First: Theofanis 
Author-X-Name-Last: Papageorgiou 
Author-Name: Panayotis G. Michaelides 
Author-X-Name-First: Panayotis G. 
Author-X-Name-Last: Michaelides 
Title: Joseph Schumpeter and Thorstein Veblen on technological determinism, individualism and institutions 
Abstract:
 This article investigates Joseph Schumpeter's affinities with Thorstein
 Veblen with respect to technological change and determinism, the future of
 capitalism, individualism and institutions. From a methodological point of
 view, a common point in their analysis is their anti-teleological view
 regarding <italic>economics</italic> as a discipline. Also, in the
 Schumpeterian system, technology is the cornerstone of economic evolution
 and appears as the making of new combinations. In the Veblenian
 theoretical framework, the bearer of change is to be found, <italic>inter
 alia</italic>, in technology, just like in Schumpeter's works, although
 not without differences. They also share the opinion that technology
 revolutionises capitalism and has serious implications for its future as a
 system. Furthermore, regarding individualism, in his work Schumpeter
 stresses the importance of the social milieu on individual action, a fact
 which bears strong resemblance to the Veblenian notion of evolution as
 &#x2018;depersonalized evolution&#x2019;. In this sense, Schumpeter is
 very close to Veblen, although Schumpeter's approach could be classified
 in what is called institutionalist individualism, whereas Veblen could be
 classified as holist. Undoubtedly, the role of institutions is of great
 importance in both Schumpeter and Veblen. &#x399;nstitutions in the
 Schumpeterian schema play a central role closely related to the future of
 capitalism. Institutional and non-institutional factors enter into complex
 forms of interaction just like in Veblen's approach. There, institutions
 are part of the social milieu and their underlying framework, much wider
 than mere economic and social. Of course, the theoretical analyses of
 Schumpeter and Veblen are not devoid of differences springing mainly from
 their methodological approach such as the role of the individual in the
 capitalist process which is probably the most significant difference
 regarding the importance attributed to it in Schumpeter's early works.
 Also, the way technical change appears constitutes another difference.
 However, his views are quite close to Veblen's. After all, Schumpeter
 began to write in a social, political, theoretical and ideological
 environment at a time when evolutionary ideas dominated social thought.
Journal: The European Journal of the History of Economic Thought 
Pages: 1-30 
Issue: 1 
Volume: 23 
Year: 2016 
Month: 2 
X-DOI: 10.1080/09672567.2013.792378 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.792378 
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Handle: RePEc:taf:eujhet:v:23:y:2016:i:1:p:1-30




Template-Type: ReDIF-Article 1.0
Author-Name: Antonio Magliulo 
Author-X-Name-First: Antonio 
Author-X-Name-Last: Magliulo 
Title: Hayek and the Great Depression of 1929: Did he really change his mind? 
Abstract:
 The aim of this research is to establish whether, and if so in what way,
 Hayek changed his mind about the Great Depression of 1929.The work is
 divided into two parts. In the first part, I present the
 &#x2018;early&#x2019; Hayek of the 1930s. Hayek was the great rival of
 Keynes. Both explained the Great Depression, applying opposing business
 cycle theories. For Keynes, the crisis was caused by an excess of saving
 over investment; for Hayek, on the contrary, by an excess of investment
 over saving. In the early 1930s, R&#xf6;pke attempted a synthesis,
 positing that a recession due to overinvestment can degenerate, as in
 1929, into a depression caused by oversaving. Hayek examined and rejected
 R&#xf6;pke's theory. In the second part, I present the
 &#x2018;later&#x2019; Hayek of the 1970s. After years of silence and
 solitude, Hayek was unexpectedly awarded the Nobel Memorial Prize in
 Economics, precisely for the contribution he made in the 1930s to the
 theory of the business cycle. Hayek returned to his pursuit of the ghost
 of Keynes, debated with his friend and rival Friedman, re-examined
 R&#xf6;pke's special case and, according to Haberler, changed his mind. In
 my conclusion, I attempt to resolve the dilemma.
Journal: The European Journal of the History of Economic Thought 
Pages: 31-58 
Issue: 1 
Volume: 23 
Year: 2016 
Month: 2 
X-DOI: 10.1080/09672567.2013.792373 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.792373 
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Handle: RePEc:taf:eujhet:v:23:y:2016:i:1:p:31-58




Template-Type: ReDIF-Article 1.0
Author-Name: M&#xe1;rio Gra&#xe7;a Moura 
Author-X-Name-First: M&#xe1;rio Gra&#xe7;a 
Author-X-Name-Last: Moura 
Author-Name: Ant&#xf3;nio Almodovar 
Author-X-Name-First: Ant&#xf3;nio 
Author-X-Name-Last: Almodovar 
Title: Political economy and the &#x2018;modern view&#x2019; as reflected in the history of economic thought 
Abstract:
 This paper focuses on the transition from classical political economy to
 &#x2018;modern&#x2019; economics, a central aspect of which is the ascent
 of the conception of &#x2018;theory&#x2019; as a mere instrument of
 research. We analyse how this transitional phase was perceived and
 interpreted in representative, more or less contemporaneous histories of
 economic thought: those by Luigi Cossa in 1880, by John Kells Ingram in
 1915 (originally published in 1888), and by Charles Gide and Charles Rist
 in 1915. Despite their differences, all authors share the same conception
 of the structure of scientific laws, as well as the view that economics
 must be separated from liberalism.
Journal: The European Journal of the History of Economic Thought 
Pages: 59-81 
Issue: 1 
Volume: 23 
Year: 2016 
Month: 2 
X-DOI: 10.1080/09672567.2013.825000 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.825000 
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Handle: RePEc:taf:eujhet:v:23:y:2016:i:1:p:59-81




Template-Type: ReDIF-Article 1.0
Author-Name: Joan O'Connell 
Author-X-Name-First: Joan 
Author-X-Name-Last: O'Connell 
Title: On Keynes on inflation and unemployment 
Abstract:
 Keynes tends to be represented as someone who thought that alleviating
 unemployment was more important than any other consideration.
 Interestingly it seems that this was not always the case; he did not
 recommend employment creation under all conditions of excess labour
 supply. The great inflation of World War I and its aftermath left an
 indelible impression on him, and this mitigated his position on the
 importance of high levels of employment. In 1920 he recommended that
 inflation in the UK be controlled even if some unemployment would result,
 and there is at least some hint in his work that the relative importance
 to him of inflation and unemployment did not vary much over the remainder
 of his life.
Journal: The European Journal of the History of Economic Thought 
Pages: 82-101 
Issue: 1 
Volume: 23 
Year: 2016 
Month: 2 
X-DOI: 10.1080/09672567.2013.824998 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.824998 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:23:y:2016:i:1:p:82-101




Template-Type: ReDIF-Article 1.0
Author-Name: Guang-Zhen Sun 
Author-X-Name-First: Guang-Zhen 
Author-X-Name-Last: Sun 
Title: The economics of the division of labour in early Chinese literature: With particular comparison to the ancient Greek thought 
Abstract:
 Like their Greek counterparts, a number of Chinese thinkers of the
 &#x201c;Axial Period&#x201d; wrote extensively on the division of labour.
 In particular, Kuan Chung, Hs&#xfc;n Tzu and Ssu-ma Ch&#x2019;ien
 explicitly discussed economic issues related to the division of labour,
 contributing sophisticated analysis on the subject. In this article, we
 first examine Kuan Chung and his followers&#x2019; fairly interesting
 analysis of the economies of agglomeration of specialists, and Ssu-ma
 Ch&#x2019;ien's deep insight into the Taoist invisible hand of the market
 in coordinating the division of labour. The common ground between them is
 a sound understanding of the role of market exchange in facilitating the
 social division of labour, but the latter goes much further in
 appreciation of the spontaneous market order. We then turn to Hs&#xfc;n
 Tzu's profound scholarship of specialised learning or doing and his
 Confucian theory of the origin of social division, highlighting, in
 particular, his Confucian notion of natural equality and utilitarian
 account of the formation of society. Similarity in profundity and
 influence notwithstanding, of greater interest, appears to be the
 remarkable differences between the Chinese scholars and the philosophers
 of classical Athens in respect of their study of the division of labour,
 and we therefore investigate how and why the Chinese treatment contrasts
 thus sharply with the Greek/Europeans.
Journal: The European Journal of the History of Economic Thought 
Pages: 102-126 
Issue: 1 
Volume: 23 
Year: 2016 
Month: 2 
X-DOI: 10.1080/09672567.2014.889734 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.889734 
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Handle: RePEc:taf:eujhet:v:23:y:2016:i:1:p:102-126




Template-Type: ReDIF-Article 1.0
Author-Name: Sergio Parrinello 
Author-X-Name-First: Sergio 
Author-X-Name-Last: Parrinello 
Title: Causality and normal states in economics and other disciplines 
Abstract:
 In this article, past and recent accounts of causality and the notion of
 normal state adopted in various disciplines are linked to the
 philosophical insights of John Stuart Mill and Piero Sraffa in order to
 provide a particular focus on economic theory. A simple neuron model and
 the theory of natural price in Adam Smith are taken as typical
 applications of causality plus normality and serve to argue that the
 deviations from a normal state can play two roles in economic theory: (1)
 the selecting of causes and causal explanations and (2) agency represented
 by the variables of a causal model.
Journal: The European Journal of the History of Economic Thought 
Pages: 127-151 
Issue: 1 
Volume: 23 
Year: 2016 
Month: 2 
X-DOI: 10.1080/09672567.2013.845790 
File-URL: http://hdl.handle.net/10.1080/09672567.2013.845790 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:23:y:2016:i:1:p:127-151




Template-Type: ReDIF-Article 1.0
Author-Name: Lo&#xef;c Charles 
Author-X-Name-First: Lo&#xef;c 
Author-X-Name-Last: Charles 
Title: Les &#xc9;ph&#xe9;m&#xe9;rides du citoyen et les Nouvelles &#xc9;ph&#xe9;m&#xe9;rides &#xe9;conomiques 1765--1788. Documents et tables compl&#xe8;tes, by Bernard Herencia 
Journal: The European Journal of the History of Economic Thought 
Pages: 152-154 
Issue: 1 
Volume: 23 
Year: 2016 
Month: 2 
X-DOI: 10.1080/09672567.2015.1042258 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1042258 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:23:y:2016:i:1:p:152-154




Template-Type: ReDIF-Article 1.0
Author-Name: Roger Middleton 
Author-X-Name-First: Roger 
Author-X-Name-Last: Middleton 
Title: Keynes's Economic Consequences of the Peace: A Reappraisal, edited by Jens H&#xf6;lscher and Matthias Klaes 
Journal: The European Journal of the History of Economic Thought 
Pages: 154-159 
Issue: 1 
Volume: 23 
Year: 2016 
Month: 2 
X-DOI: 10.1080/09672567.2015.1042266 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1042266 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:23:y:2016:i:1:p:154-159




Template-Type: ReDIF-Article 1.0
Author-Name: Ryan Walter 
Author-X-Name-First: Ryan 
Author-X-Name-Last: Walter 
Title: Utilitarianism and Malthus' Virtue Ethics: Respectable, Virtuous and Happy, by Sergio Cremaschi/Malthus: The Life and Legacies of an Untimely Prophet, Robert J. Mayhew 
Journal: The European Journal of the History of Economic Thought 
Pages: 159-164 
Issue: 1 
Volume: 23 
Year: 2016 
Month: 2 
X-DOI: 10.1080/09672567.2015.1074824 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1074824 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:23:y:2016:i:1:p:159-164




Template-Type: ReDIF-Article 1.0
Author-Name: Rolf Peter Sieferle 
Author-X-Name-First: Rolf Peter 
Author-X-Name-Last: Sieferle 
Title: Globalisation and the Critique of Political Economy. New Insights from Marx's Writings, by Lucia Pradella 
Journal: The European Journal of the History of Economic Thought 
Pages: 164-167 
Issue: 1 
Volume: 23 
Year: 2016 
Month: 2 
X-DOI: 10.1080/09672567.2015.1074825 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1074825 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:23:y:2016:i:1:p:164-167




Template-Type: ReDIF-Article 1.0
Author-Name: Matteo Menegatti 
Author-X-Name-First: Matteo 
Author-X-Name-Last: Menegatti 
Title: On some &#x2018;Austrian&#x2019; misreadings of Cantillon's notions of intrinsic value and market price 
Abstract:
 The article clarifies some aspects of the Cantillonian notions of
 intrinsic value and of market prices. Furthermore, the major flaws of the
 &#x2018;Austrian&#x2019; interpretations put forward in recent years by
 Rothbard and Thornton are highlighted. This criticism provides an
 additional dimension to the view already expressed by Groenewegen against
 the new edition of Cantillon's <italic>Essai</italic> by Thornton.
 Finally, the connection between the <italic>Essai</italic> and mature
 classical economics is highlighted and the proposed
 &#x2018;Austrian&#x2019; interpretation of Cantillon is strongly rejected.
Journal: The European Journal of the History of Economic Thought 
Pages: 173-197 
Issue: 2 
Volume: 23 
Year: 2016 
Month: 4 
X-DOI: 10.1080/09672567.2014.881900 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.881900 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:23:y:2016:i:2:p:173-197




Template-Type: ReDIF-Article 1.0
Author-Name: Ariel Dvoskin 
Author-X-Name-First: Ariel 
Author-X-Name-Last: Dvoskin 
Title: An unpleasant dilemma for contemporary general equilibrium theory 
Abstract:
 By examining the contributions of two prominent contemporary neoclassical
 economists, i.e. Lucas and Hahn, the article attempts to shed light on the
 problematic relationship between neoclassical theory and observation. It
 is argued that this approach must face the unpleasant
 <italic>dilemma</italic> of having to choose between endowing general
 equilibrium theory with an explanatory role that is marred by its
 illegitimate notion of capital as a single factor of variable form
 (Lucas); or alternatively, to consistently treat each capital good as a
 distinct factor of production, with the bitter implication that the theory
 must simply renounce to have a correspondence with observation (Hahn).
Journal: The European Journal of the History of Economic Thought 
Pages: 198-225 
Issue: 2 
Volume: 23 
Year: 2016 
Month: 4 
X-DOI: 10.1080/09672567.2014.881898 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.881898 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:23:y:2016:i:2:p:198-225




Template-Type: ReDIF-Article 1.0
Author-Name: Katia Caldari 
Author-X-Name-First: Katia 
Author-X-Name-Last: Caldari 
Author-Name: Tamotsu Nishizawa 
Author-X-Name-First: Tamotsu 
Author-X-Name-Last: Nishizawa 
Title: Progress beyond growth: Some insights from Marshall's final book 
Abstract:
 Alfred Marshall had a very challenging project to write a treatise in two
 or more volumes that could contain his main interests and reflections.
 Instead of that treatise, Marshall published three books (Principles of
 Economics, Industry and Trade and Money Credit and Commerce). They cover
 only in part the ground that the treatise should have contained. That is
 why Marshall went on with the idea of publishing another final book. In
 this paper, we give a brief summary of the structure and the contents of
 this book, focusing more in detail on some subjects particularly
 interesting and meaningful.
Journal: The European Journal of the History of Economic Thought 
Pages: 226-245 
Issue: 2 
Volume: 23 
Year: 2016 
Month: 4 
X-DOI: 10.1080/09672567.2014.881901 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.881901 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:23:y:2016:i:2:p:226-245




Template-Type: ReDIF-Article 1.0
Author-Name: Elise S. Brezis 
Author-X-Name-First: Elise S. 
Author-X-Name-Last: Brezis 
Author-Name: Warren Young 
Author-X-Name-First: Warren 
Author-X-Name-Last: Young 
Title: Population and economic growth: Ancient and modern 
Abstract:
 This paper focuses on the evolution of the relationship between population
 and economic growth from Hume to New Growth Theory. In this paper, we show
 that there were two main views on the subject. There were those who
 assumed that the relationship between fertility rate and income was
 positive. On the other hand, there were those who raised the possibility
 that this linkage did not occur, and they emphasised that an increase in
 income did not necessarily lead to having more children. Following from
 Hicks&#x2019; methodological precept, <italic>the paper will show that
 their position on the issue was related to a socio-economic fact: the
 sibship size effect</italic>. We show that those who took the view that an
 increase in income leads to the desire to have more children did not take
 into consideration the sibship size effect, while those maintaining that
 there existed a negative relationship introduced into their utility
 function a sibship size effect.
Journal: The European Journal of the History of Economic Thought 
Pages: 246-271 
Issue: 2 
Volume: 23 
Year: 2016 
Month: 4 
X-DOI: 10.1080/09672567.2014.881897 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.881897 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:23:y:2016:i:2:p:246-271




Template-Type: ReDIF-Article 1.0
Author-Name: Attilio Trezzini 
Author-X-Name-First: Attilio 
Author-X-Name-Last: Trezzini 
Title: Early contributions to the economics of consumption as a social phenomenon 
Abstract:
 During the 1920s some American women economists developed theoretical,
 empirical and historical analyses that constituted a theory of
 consumption. The original formulations of this approach were based on the
 view, theorised by T. Veblen, that consuming certain goods makes it
 possible to identify with specific social groups. These analyses were
 explicitly alternative to the theories of consumption based on marginal
 utility. In the 1930s, however, the analyses of a second generation of
 women economists became exclusively empirical and the theoretical features
 that made the approach original and an alternative to marginalism were
 lost.
Journal: The European Journal of the History of Economic Thought 
Pages: 272-296 
Issue: 2 
Volume: 23 
Year: 2016 
Month: 4 
X-DOI: 10.1080/09672567.2014.881899 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.881899 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:23:y:2016:i:2:p:272-296




Template-Type: ReDIF-Article 1.0
Author-Name: Svetoslav Danchev 
Author-X-Name-First: Svetoslav 
Author-X-Name-Last: Danchev 
Title: Was Bentham a primitive rational choice theory predecessor? 
Abstract:
 This paper challenges the view of Jeremy Bentham as a primitive
 predecessor of rational choice theory and welfare economics. The
 psychological hedonism in Bentham is of a rather weak form -- net pleasure
 motivates behaviour, but we are not always capable of its maximisation.
 Thus, the outcome of our choices is not necessarily in our best interest
 and the aggregation of our revealed preferences is not necessarily a good
 indicator of general happiness. The bottom line is that the underpinnings
 of Bentham's utilitarianism are better aligned with contemporary
 psychological theory than previously thought, which puts his ethical
 thinking on firmer ground.
Journal: The European Journal of the History of Economic Thought 
Pages: 297-322 
Issue: 2 
Volume: 23 
Year: 2016 
Month: 4 
X-DOI: 10.1080/09672567.2014.916728 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.916728 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:23:y:2016:i:2:p:297-322




Template-Type: ReDIF-Article 1.0
Author-Name: Richard van den Berg 
Author-X-Name-First: Richard 
Author-X-Name-Last: van den Berg 
Title: Economics and Other Branches -- In the Shade of the Oak Tree: Essays in Honour of Pascal Bridel, edited by Roberto Baranzini and Fran&#xe7;ois Allison 
Journal: The European Journal of the History of Economic Thought 
Pages: 323-326 
Issue: 2 
Volume: 23 
Year: 2016 
Month: 4 
X-DOI: 10.1080/09672567.2015.1127692 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1127692 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:23:y:2016:i:2:p:323-326




Template-Type: ReDIF-Article 1.0
Author-Name: Roger E. Backhouse 
Author-X-Name-First: Roger E. 
Author-X-Name-Last: Backhouse 
Title: Hayek: a collaborative biography. Part II: Austria, America and the rise of Hitler, 1899--1933/Part III: fraud, fascism and free market religion/Part IV: England, the ordinal revolution and the road to serfdom, 1931--1950/Part V: Hayek's great society of free men/Part VI: good dictators, sovereign producers and Hayek's &#x2018;ruthless consistency&#x2019;, edited by Robert Leeson 
Journal: The European Journal of the History of Economic Thought 
Pages: 326-328 
Issue: 2 
Volume: 23 
Year: 2016 
Month: 4 
X-DOI: 10.1080/09672567.2015.1127693 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1127693 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:23:y:2016:i:2:p:326-328




Template-Type: ReDIF-Article 1.0
Author-Name: Roberto Scazzieri 
Author-X-Name-First: Roberto 
Author-X-Name-Last: Scazzieri 
Title: Money as Organization, Gustavo del Vecchio's Theory, by G. Tusset 
Journal: The European Journal of the History of Economic Thought 
Pages: 329-332 
Issue: 2 
Volume: 23 
Year: 2016 
Month: 4 
X-DOI: 10.1080/09672567.2015.1127694 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1127694 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:23:y:2016:i:2:p:329-332




Template-Type: ReDIF-Article 1.0
Author-Name: Pedro Garcia Duarte 
Author-X-Name-First: Pedro Garcia 
Author-X-Name-Last: Duarte 
Title: Real Business Cycle Models in Economics, by Warren Young 
Journal: The European Journal of the History of Economic Thought 
Pages: 332-337 
Issue: 2 
Volume: 23 
Year: 2016 
Month: 4 
X-DOI: 10.1080/09672567.2015.1127695 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1127695 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:23:y:2016:i:2:p:332-337




Template-Type: ReDIF-Article 1.0
Author-Name: Bruna Ingrao 
Author-X-Name-First: Bruna 
Author-X-Name-Last: Ingrao 
Title: Giorgio Israel (6 March 1945--25 September 2015) 
Journal: The European Journal of the History of Economic Thought 
Pages: 338-344 
Issue: 2 
Volume: 23 
Year: 2016 
Month: 4 
X-DOI: 10.1080/09672567.2015.1128061 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1128061 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:23:y:2016:i:2:p:338-344




Template-Type: ReDIF-Article 1.0
Author-Name: John Pullen 
Author-X-Name-First: John 
Author-X-Name-Last: Pullen 
Title: Malthus on causality 
Abstract:
 Allegations of inconsistency and self-contradiction have regularly been
 levied against Malthus, but some of the allegations might be the result of
 inadequate appreciation of his use of a distinctive methodology involving
 a complex structure of causal relations. After an introductory summary of
 his general statements on causality, this paper analyses 26 selected
 topics that show how he deployed this methodology.
Journal: The European Journal of the History of Economic Thought 
Pages: 349-377 
Issue: 3 
Volume: 23 
Year: 2016 
Month: 6 
X-DOI: 10.1080/09672567.2014.916729 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.916729 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:23:y:2016:i:3:p:349-377




Template-Type: ReDIF-Article 1.0
Author-Name: Philippe Gillig 
Author-X-Name-First: Philippe 
Author-X-Name-Last: Gillig 
Title: Marx's critique of &#x201c;eternal&#x201d; political economy: how Mill is alien to Marx's attacks 
Abstract:
 Marx deplored political economy's claims to establish
 &#x201c;eternal&#x201d; -- or &#x201c;natural&#x201d; -- laws. This paper
 seeks to defend John Stuart Mill from his critique. It argues that,
 contrary to what Marx alleged, these two economists have a great deal more
 in common on this topic than is frequently realised. Both on the
 theoretical level and on the political one, Mill's views about the
 relativity of capitalism seem very close to Marx's. This paper also
 suggests that Marx may have ignored Mill's insistence on the relativity of
 economic theories because it may have challenged his own
 &#x201c;scientific socialism&#x201d;.
Journal: The European Journal of the History of Economic Thought 
Pages: 378-399 
Issue: 3 
Volume: 23 
Year: 2016 
Month: 6 
X-DOI: 10.1080/09672567.2014.916732 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.916732 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:23:y:2016:i:3:p:378-399




Template-Type: ReDIF-Article 1.0
Author-Name: Lilia Costabile 
Author-X-Name-First: Lilia 
Author-X-Name-Last: Costabile 
Title: The value and security of money. Metallic and fiduciary media in Ferdinando Galiani's <italic>Della moneta</italic> 
Abstract:
 This paper proposes a new interpretative framework for Galiani's monetary
 theory. The main argument is that, by adopting &#x201c;the methodology of
 successive approximations&#x201d; (correctly attributed to him by Luigi
 Einaudi), Galiani investigated the theoretical foundations of the two
 archetypal moneys: metallic money and paper money. On these foundations,
 he developed the model of a complex monetary economy based on the
 coexistence of a metallic and a fiduciary circulation. The paper also
 illustrates how the experience of the &#x201c;public banks&#x201d; of
 Naples inspired his analysis, thus shedding new light on the theoretical
 and institutional richness of his monetary thought.
Journal: The European Journal of the History of Economic Thought 
Pages: 400-424 
Issue: 3 
Volume: 23 
Year: 2016 
Month: 6 
X-DOI: 10.1080/09672567.2014.916730 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.916730 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:23:y:2016:i:3:p:400-424




Template-Type: ReDIF-Article 1.0
Author-Name: D.W. Hands 
Author-X-Name-First: D.W. 
Author-X-Name-Last: Hands 
Title: The individual and the market: Paul Samuelson on (homothetic) Santa Claus economics 
Abstract:
 Paul Samuelson often used the term &#x201c;Santa Claus economics&#x201d;
 for mathematical models with empirically unrealistic assumptions. I focus
 on one particular member of the Santa Claus family that Samuelson was very
 sceptical about: homothetic general equilibrium models (where all agents
 have identical homothetic preferences). I argue that Samuelson's concerns
 about these models provide insights into how he viewed the relationship
 between the individual and the market, a relationship that has
 implications for not only his economic theorising, but also his broader
 political--economic vision. His criticisms are also relevant to some
 ongoing debates within contemporary economic theory.
Journal: The European Journal of the History of Economic Thought 
Pages: 425-452 
Issue: 3 
Volume: 23 
Year: 2016 
Month: 6 
X-DOI: 10.1080/09672567.2014.916731 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.916731 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:23:y:2016:i:3:p:425-452




Template-Type: ReDIF-Article 1.0
Author-Name: Guy Numa 
Author-X-Name-First: Guy 
Author-X-Name-Last: Numa 
Title: The monetary economics of Jules Dupuit 
Abstract:
 This paper analyses Dupuit's views on money, bimetallism, free banking and
 credit. By means of textual and contextual analysis, I argue that Dupuit
 endorsed the quantity theory based on the neutrality of money. For him,
 the value of money was determined by supply and demand. The only exception
 concerned the redistributive effects of gold between trading nations.
 Dupuit's approach to credit and his views on the issuance of banknotes
 were distinct from those of most French liberals. He did not consider
 credit to be capital, and he warned against the overissue of banknotes.
Journal: The European Journal of the History of Economic Thought 
Pages: 453-477 
Issue: 3 
Volume: 23 
Year: 2016 
Month: 6 
X-DOI: 10.1080/09672567.2014.951673 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.951673 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:23:y:2016:i:3:p:453-477




Template-Type: ReDIF-Article 1.0
Author-Name: Niels Geiger 
Author-X-Name-First: Niels 
Author-X-Name-Last: Geiger 
Title: &#x201c;Psychological&#x201d; elements in business cycle theories: old approaches and new insights 
Abstract:
 This paper identifies a number of &#x201c;psychological&#x201d; elements
 in business cycle theories and shows how these components contribute to
 the theories&#x2019; results. It proceeds by discussing (i) which
 assumptions on behaviour were used, laying particular stress on
 expectations and confidence, money illusion, social preferences and
 interaction, and individual character traits; (ii) how they influenced and
 determined the theories&#x2019; results; and (iii) how more recent
 behavioural research provides a better and empirically grounded
 understanding of these factors. For each element, the possibility of
 incorporating new insights into older models is discussed, and references
 to work which already does so are given.
Journal: The European Journal of the History of Economic Thought 
Pages: 478-507 
Issue: 3 
Volume: 23 
Year: 2016 
Month: 6 
X-DOI: 10.1080/09672567.2014.951670 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.951670 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:23:y:2016:i:3:p:478-507




Template-Type: ReDIF-Article 1.0
Author-Name: James Forder 
Author-X-Name-First: James 
Author-X-Name-Last: Forder 
Title: Mark Blaug: Rebel with Many Causes, edited by Marcel Boumans and Matthias Klaes 
Journal: The European Journal of the History of Economic Thought 
Pages: 508-510 
Issue: 3 
Volume: 23 
Year: 2016 
Month: 6 
X-DOI: 10.1080/09672567.2015.1127701 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1127701 
File-Format: text/html
File-Restriction: Access to full text is restricted to subscribers. 
Handle: RePEc:taf:eujhet:v:23:y:2016:i:3:p:508-510




Template-Type: ReDIF-Article 1.0
Author-Name: Alexandre Mendes Cunha 
Author-X-Name-First: Alexandre Mendes 
Author-X-Name-Last: Cunha 
Title: The Idea of Commercial Society in the Scottish Enlightenment, by Christopher J. Berry 
Journal: The European Journal of the History of Economic Thought 
Pages: 510-512 
Issue: 3 
Volume: 23 
Year: 2016 
Month: 6 
X-DOI: 10.1080/09672567.2015.1127702 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1127702 
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:23:y:2016:i:3:p:510-512




Template-Type: ReDIF-Article 1.0
Author-Name: Michael McLure 
Author-X-Name-First: Michael 
Author-X-Name-Last: McLure 
Title: <italic>James Tobin</italic>. Great Thinkers in Economics Series, by Robert Dimand 
Journal: The European Journal of the History of Economic Thought 
Pages: 512-516 
Issue: 3 
Volume: 23 
Year: 2016 
Month: 6 
X-DOI: 10.1080/09672567.2015.1127705 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1127705 
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Template-Type: ReDIF-Article 1.0
Author-Name: Ragip Ege 
Author-X-Name-First: Ragip 
Author-X-Name-Last: Ege 
Author-Name: Herrade Igersheim 
Author-X-Name-First: Herrade 
Author-X-Name-Last: Igersheim 
Author-Name: Charlotte Le Chapelain 
Author-X-Name-First: Charlotte 
Author-X-Name-Last: Le Chapelain 
Title: Transcendental vs. comparative approaches to justice: a reappraisal of Sen's dichotomy 
Abstract:
 In <italic>The Idea of Justice</italic>, Sen describes two competing
 approaches to theorising about justice: &#x201c;transcendental
 institutionalism&#x201d;, in which he includes Rawls, and
 &#x201c;realisation-focused comparison&#x201d;, in which he includes
 Condorcet and himself. The objective of this paper is to demonstrate that
 a comparative approach cannot exist without a transcendental dimension.
 Contrary to Sen, who claims that a transcendental theory is neither
 necessary nor sufficient in order to frame comparative judgments, it is
 shown that a transcendental dimension is a necessary, albeit not
 sufficient, condition of any comparative approach. To illustrate our
 thesis, we refer to the works of three great authors: Condorcet, Sen
 himself and the later Rawls.
Journal: The European Journal of the History of Economic Thought 
Pages: 521-543 
Issue: 4 
Volume: 23 
Year: 2016 
Month: 8 
X-DOI: 10.1080/09672567.2014.916734 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.916734 
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Handle: RePEc:taf:eujhet:v:23:y:2016:i:4:p:521-543




Template-Type: ReDIF-Article 1.0
Author-Name: Rodolfo Signorino 
Author-X-Name-First: Rodolfo 
Author-X-Name-Last: Signorino 
Title: How to pay for the war in times of imperfect commitment: Adam Smith and David Ricardo on the sinking fund 
Abstract:
 The paper proposes a comparative analysis of Smith's and Ricardo's views
 on the sinking fund. It shows that Smith and Ricardo agreed in stressing
 the ineffectiveness of the sinking fund as a policy instrument targeted at
 public debt repayment and tax-burden relief, pointing out that its actual
 workings had paradoxically helped to increase rather than reduce British
 total debt-load. Moreover, their explanation of the sinking fund paradox
 integrates a defective fiscal commitment technology with powerful
 politicians&#x2019; incentives to siphon off the money stored in the
 sinking fund to meet sudden increases of public expenditure whenever the
 occasion arose.
Journal: The European Journal of the History of Economic Thought 
Pages: 544-560 
Issue: 4 
Volume: 23 
Year: 2016 
Month: 8 
X-DOI: 10.1080/09672567.2014.977319 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.977319 
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Template-Type: ReDIF-Article 1.0
Author-Name: Verena Halsmayer 
Author-X-Name-First: Verena 
Author-X-Name-Last: Halsmayer 
Author-Name: Kevin D. Hoover 
Author-X-Name-First: Kevin D. 
Author-X-Name-Last: Hoover 
Title: Solow's Harrod: Transforming macroeconomic dynamics into a model of long-run growth 
Abstract:
 Modern growth theory derives mostly from Solow's &#x201c;A Contribution to
 the Theory of Economic Growth&#x201d; (1956). Solow's own interpretation
 locates its origins in his view that Harrod's growth model implied a
 tendency toward progressive collapse of the economy. He formulates his
 view in terms of Harrod's invoking a fixed-coefficients production
 function. We challenge Solow's reading of Harrod's &#x201c;Essay in
 Dynamic Theory,&#x201d; arguing that Harrod's object in providing a
 &#x201c;dynamic&#x201d; theory had little to do with the problem of
 long-run growth as Solow understood it, but instead addressed medium-run
 fluctuations, the &#x201c;inherent instability&#x201d; of economies.
 Solow's interpretation of Harrod was grounded in a particular culture of
 understanding embedded in the practice of formal modelling that emerged in
 economics in the post-Second World War period. Solow's interpretation,
 which ultimately dominated the profession's view of Harrod, is a case
 study in the difficulties in communicating across distinct interpretive
 communities and of the potential for losing content and insights in the
 process. Harrod's objects -- particularly, of trying to account for a
 tendency of the economy toward chronic recessions -- were lost to the
 mainstream literature.
Journal: The European Journal of the History of Economic Thought 
Pages: 561-596 
Issue: 4 
Volume: 23 
Year: 2016 
Month: 8 
X-DOI: 10.1080/09672567.2014.1001763 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.1001763 
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Handle: RePEc:taf:eujhet:v:23:y:2016:i:4:p:561-596




Template-Type: ReDIF-Article 1.0
Author-Name: Craig Smith 
Author-X-Name-First: Craig 
Author-X-Name-Last: Smith 
Title: All in the best possible taste: Adam Smith and the leaders of fashion 
Abstract:
 Adam Smith devotes a great deal of attention to the role of fashion in the
 relationship between the social classes. Smith's general account of
 fashion is grounded on the transmission of fashion from the rich to the
 poor. However, when it comes to accounting for the generation of fashion
 amongst the wealthy class, Smith's account moves away from wealth
 distinctions and focuses instead on more sophisticated forms of social
 judgement. This paper examines Smith's general account of fashion between
 the classes and then identifies the refinements to the account that he
 provides when he considers the operation of fashion amongst the rich. The
 paper suggests that the operative distinction among the wealthy is not
 relative wealth, but rather reputation for taste, and concludes with a
 discussion of the &#x201c;man of taste&#x201d; in Smith's account of
 fashion.
Journal: The European Journal of the History of Economic Thought 
Pages: 597-610 
Issue: 4 
Volume: 23 
Year: 2016 
Month: 8 
X-DOI: 10.1080/09672567.2014.997834 
File-URL: http://hdl.handle.net/10.1080/09672567.2014.997834 
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Handle: RePEc:taf:eujhet:v:23:y:2016:i:4:p:597-610




Template-Type: ReDIF-Article 1.0
Author-Name: Alexander Douglas 
Author-X-Name-First: Alexander 
Author-X-Name-Last: Douglas 
Title: Contrived desires, affluence, and welfare: J.K. Galbraith's Pigovian redistribution argument reconsidered 
Abstract:
 I argue that John Kenneth Galbraith's theory of the &#x201c;dependence
 effect&#x201d; in <italic>The Affluent Society</italic> provides a way to
 rescue A.C. Pigou's argument for wealth redistribution from a powerful
 objection. The objection is based on the unprovability of statements
 making interpersonal comparisons of utility. Galbraith's dependence effect
 theory allows him to present a version of the Pigovian argument that
 requires no such statements to be made. I argue that Galbraith's main
 piece of advocacy in <italic>The Affluent Society</italic> was for income
 redistribution, despite the fact that he claimed to be in favour of
 greater spending in the public sector rather than redistribution as such.
 I then show how my reading of the dependence effect theory helps to defend
 it against objections from Hayek and Rothbard. I end by discussing what
 improvements in economics a proper test of the theory would require and
 showing how my reading of it helps to reveal the ongoing importance of
 <italic>The Affluent Society</italic> to the understanding of political
 economy.
Journal: The European Journal of the History of Economic Thought 
Pages: 611-640 
Issue: 4 
Volume: 23 
Year: 2016 
Month: 8 
X-DOI: 10.1080/09672567.2015.1018291 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1018291 
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Template-Type: ReDIF-Article 1.0
Author-Name: Serhat Kologlugil 
Author-X-Name-First: Serhat 
Author-X-Name-Last: Kologlugil 
Title: Thorstein Veblen's Darwinian framework and gene-culture coevolution theory 
Abstract:
 At the turn of the previous century, Thorstein Veblen used Darwinian
 evolutionary principles to explain the macro-historical evolution of human
 societies, as well as the institutional structure of the modern pecuniary
 culture. Even if Veblen had a strong intuitive grasp of the evolutionary
 forces operating in society, he was not always clear and explicit in
 developing his ideas towards a full-fledged, consistent evolutionary
 social theory. This paper argues that a relatively recent theoretical
 approach, gene-culture coevolution theory, has the conceptual apparatus to
 remedy this problem and thus make Veblen's ideas an important part of
 contemporary evolutionary thinking in social theory.
Journal: The European Journal of the History of Economic Thought 
Pages: 641-672 
Issue: 4 
Volume: 23 
Year: 2016 
Month: 8 
X-DOI: 10.1080/09672567.2015.1018292 
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1018292 
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Template-Type: ReDIF-Article 1.0
Author-Name: Roger Middleton 
Author-X-Name-First: Roger 
Author-X-Name-Last: Middleton 
Title: Conservative Economic Policymaking and the Birth of Thatcherism, 1964--1979, by Adrian Williamson/UK Monetary Policy from Devaluation to Thatcher, 1967--82, by Duncan Needham/Expansionary Fiscal Contraction: The Thatcher Government's 1981 Budget in Perspective, edited by Duncan Needham and Anthony Hotson 
Journal: The European Journal of the History of Economic Thought 
Pages: 673-679 
Issue: 4 
Volume: 23 
Year: 2016 
Month: 8 
X-DOI: 10.1080/09672567.2016.1153853 
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1153853 
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Template-Type: ReDIF-Article 1.0
Author-Name: Marten Seppel 
Author-X-Name-First: Marten 
Author-X-Name-Last: Seppel 
Title: Merkantilismus. Wiederaufnahme einer Debatte, Vierteljahrschrift f&#xfc;r Sozial- und Wirtschaftsgeschichte -- Beihefte 228, edited by Moritz Isenmann 
Journal: The European Journal of the History of Economic Thought 
Pages: 679-681 
Issue: 4 
Volume: 23 
Year: 2016 
Month: 8 
X-DOI: 10.1080/09672567.2016.1153855 
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1153855 
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Handle: RePEc:taf:eujhet:v:23:y:2016:i:4:p:679-681




Template-Type: ReDIF-Article 1.0
Author-Name: Lefteris Tsoulfidis 
Author-X-Name-First: Lefteris 
Author-X-Name-Last: Tsoulfidis 
Title: Revisiting Classical Economics: Studies in Long-Period Analysis, by Heinz D. Kurz and Neri Salvadori 
Journal: The European Journal of the History of Economic Thought 
Pages: 682-685 
Issue: 4 
Volume: 23 
Year: 2016 
Month: 8 
X-DOI: 10.1080/09672567.2016.1153857 
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1153857 
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Template-Type: ReDIF-Article 1.0
Author-Name: Alexandre Mendes Cunha 
Author-X-Name-First: Alexandre Mendes 
Author-X-Name-Last: Cunha 
Title: Rosa Luxemburg: Theory of Accumulation and Imperialism, by Tadeusz Kowalik 
Journal: The European Journal of the History of Economic Thought 
Pages: 685-688 
Issue: 4 
Volume: 23 
Year: 2016 
Month: 8 
X-DOI: 10.1080/09672567.2016.1153852 
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1153852 
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Template-Type: ReDIF-Article 1.0
Author-Name: Muriel Dal Pont Legrand
Author-X-Name-First: Muriel
Author-X-Name-Last: Dal Pont Legrand
Title: Editorial
Journal: The European Journal of the History of Economic Thought
Pages: 523-523
Issue: 4
Volume: 25
Year: 2018
Month: 7
X-DOI: 10.1080/09672567.2018.1487523
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1487523
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Template-Type: ReDIF-Article 1.0
Author-Name: Francesca Dal Degan
Author-X-Name-First: Francesca
Author-X-Name-Last: Dal Degan
Title: Antonio Genovesi and Italian economic thought: when ethics matters in economics
Abstract: 
 The renewed interest in studies of Italian Enlightenment after the Second World War has enabled a complex new understanding of the Italian contribution to political economy. In particular, a new line of research that brings together the analysis of commercial society developed by Italian economists, and the canon of &#xAB; civil life &#xBB; elaborated within classical civic humanism and the natural legal tradition, has explained the deep ethical and social concerns inherent in the Italian approach to economic studies. This collection of articles takes stock of some of these achievements in scholarship and, at the same time, offers some new elements about the hermeneutical role played by these fundamental relationships between economics and ethics in identifying a more complex and multidimensional structure of scientific discourse. The articles are a selection of those presented at three conferences held in 2013, thanks to the support of the Luigi Sturzo Institute and Milan-Bicocca University, in Naples (Banco di Roma Foundation), Rome (Lumsa University) and Milan (Istituto Lombardo - Accademia di Scienze e Lettere), and they explore the thought of Antonio Genovesi as well as Eighteenth-Century Italian economic thought. 
Journal: The European Journal of the History of Economic Thought
Pages: 524-530
Issue: 4
Volume: 25
Year: 2018
Month: 7
X-DOI: 10.1080/09672567.2018.1486446
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1486446
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Template-Type: ReDIF-Article 1.0
Author-Name: Pier Luigi Porta
Author-X-Name-First: Pier Luigi
Author-X-Name-Last: Porta
Title: From Economia Civile to Kameralwissenschaften. The line of descent from Genovesi to Beccaria in pre-Smithian Europe
Abstract: 
 The Italian Enlightenment is one of the great intellectual achievements of Europe&#x2019;s si&#xE8;cle des lumi&#xE8;res. Its two branches, the Lombard branch together with the Neapolitan, both cooperate to producing perhaps the greatest overall contribution of Italian culture to the development of a modern European tradition of civil rights and enlightened governance. After the Second World War, there has been an intense flourishing of Italian studies, with a worldwide readership, on the Enlightenment and on the Italian Enlightenment in particular. This has been a response to the emerging need for deeper research on the roots of western culture and on the civic values of our societies so much shattered by the traumatic experiences of a new kind of war savaging our cities especially in Europe. Economic analysis is the core issue of the Italian Enlightenment. The economic discipline &#x2013; originally called Civil economy in eighteenth century Naples and Cameral science (or Public economy) in Milan &#x2013; was indeed prominent in the historical experience of the Italian Enlightenment, although the prominence of the discipline is only imperfectly reflected in much of the recent historiography. This paper belongs to a new developing line of research on the Italian Enlightenment rooted in a retrieval of the economic discipline of the time. Italy is the country where the first economic Chairs worldwide were created in Universities during the second half of the eighteenth century. This article presents a comparison and reciprocal integration of the two main schools in Italy, the Milanese and the Neapolitan, through the works and influence of the two incumbents to the respective Chairs, Antonio Genovesi in Naples, from 1754, and Cesare Beccaria in Milan, from 1769. The two Professors turn out to have much in common and in particular a clear economic perspective appears to be at the root of the whole of their literary production. A special attention is given to the Lezioni of Genovesi and the Elementi of Beccaria, reflecting the actual teaching of the two masters in their respective lectures.
Journal: The European Journal of the History of Economic Thought
Pages: 531-561
Issue: 4
Volume: 25
Year: 2018
Month: 7
X-DOI: 10.1080/09672567.2018.1486584
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1486584
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Template-Type: ReDIF-Article 1.0
Author-Name: Francesca Dal Degan
Author-X-Name-First: Francesca
Author-X-Name-Last: Dal Degan
Title: Beyond virtues and vices: Antonio Genovesi's and Adam Smith's &#x201C;science of relationships&#x201D;
Abstract: 
 Some recent literature has rediscovered the Italian tradition of &#x201C;civil economy&#x201D;. This literature has underlined how the discourse about virtues and vices was fundamental in order to establish how, in a political and economic context, a harmonious order could be established. On the basis of this main focus on virtues and vices, it was stated that Genovesi's thought is essentially different from Smith's one. In this article, I argue that the direct focus on questions of virtues and vices does not help capture the novelty introduced by these authors and the relational value of their agency theory.
Journal: The European Journal of the History of Economic Thought
Pages: 562-581
Issue: 4
Volume: 25
Year: 2018
Month: 7
X-DOI: 10.1080/09672567.2018.1452953
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1452953
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:4:p:562-581




Template-Type: ReDIF-Article 1.0
Author-Name: Adrian Pabst
Author-X-Name-First: Adrian
Author-X-Name-Last: Pabst
Title: Political economy of virtue: civil economy, happiness and public trust in the thought of Antonio Genovesi
Abstract: 
 Amid the growing literature in English on the work of the Neapolitan political economist Antonio Genovesi (1713&#x2013;1769), this paper focuses on his conception of civil economy (economia civile) as a theory of government. By contrast with existing interpretations, the argument is that for Genovesi virtue is a significant ordering device of the polity: virtue mediates between passions and reason, and the human capacity for virtue helps individuals better to realise their different talents. This, in turn, means that virtue is central to the division of labour and the right proportions between different activities, including the balance between consumption and trade.
Journal: The European Journal of the History of Economic Thought
Pages: 582-604
Issue: 4
Volume: 25
Year: 2018
Month: 7
X-DOI: 10.1080/09672567.2018.1487462
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1487462
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:4:p:582-604




Template-Type: ReDIF-Article 1.0
Author-Name: Cosimo Perrotta
Author-X-Name-First: Cosimo
Author-X-Name-Last: Perrotta
Title: Evolution and development, categories of Genovesi&#x2019;s economics
Abstract: 
 Genovesi represents the highest point of two long-lasting streams of thought. One of them criticises the hostility towards the increase in consumption, of Aristotelian origin. The other, which had starts with Petty, distinguishes more and less productive labours with an empirical approach. In both cases Genovesi provides an evolutionary view of economic development which is based on two processes: the increase in consumption and comforts, on the one hand, and the increase of intellectual labour, on the other. Genovesi&#x2019;s original and decisive contribution on these themes have been always neglected.
Journal: The European Journal of the History of Economic Thought
Pages: 605-626
Issue: 4
Volume: 25
Year: 2018
Month: 7
X-DOI: 10.1080/09672567.2018.1486445
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1486445
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:4:p:605-626




Template-Type: ReDIF-Article 1.0
Author-Name: Pascal Bridel
Author-X-Name-First: Pascal
Author-X-Name-Last: Bridel
Title: On the origin of money, or Menger&#x2019;s one-sided reading of Genovesi&#x2019;s Lezioni
Abstract: 
 By examining Menger&#x2019;s interpretation of Genovesi&#x2019;s arguments on the origin of money, this note shows that Genovesi is a subtle theorist managing to blend the Cartalist with the Mengerian approaches to the origins of money. Far from resting exclusively on the Mengerian unattended consequences of the uncoordinated behaviours of rational agents trying to minimise their transaction costs, Genovesi shows how governments can and do create fiat money with a positive value in connexion with their ability to raise taxes. For Genvesi both trust (&#xE0; la Menger) and authority (&#xE0; la Cartalist) are necessary to explain the positive value of money.
Journal: The European Journal of the History of Economic Thought
Pages: 627-636
Issue: 4
Volume: 25
Year: 2018
Month: 7
X-DOI: 10.1080/09672567.2018.1472289
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1472289
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:4:p:627-636




Template-Type: ReDIF-Article 1.0
Author-Name: Luigino Bruni
Author-X-Name-First: Luigino
Author-X-Name-Last: Bruni
Author-Name: Paolo Santori
Author-X-Name-First: Paolo
Author-X-Name-Last: Santori
Title: The plural roots of rewards: awards and incentives in Aquinas and Genovesi
Abstract: 
 In this economic debate, incentives (material, extrinsic) and awards (symbolic, intrinsic) are conceived as two opposite tools to prompt human actions. In this article, we provide a historical argument to problematise this opposition. We investigate the idea of prizes (&#x201C;premi&#x201D;) in the works of civil economist Antonio Genovesi, and its seeds in Thomas Aquinas&#x2019; thought. They both discuss if material rewards can crowd-in intrinsic motivations. Aquinas considered the crowding-out risks related to honour (award). Genovesi stressed the role of private prizes (incentives) and market in fostering the development of society, and claims that crowding-in is more common than crowding-out.
Journal: The European Journal of the History of Economic Thought
Pages: 637-657
Issue: 4
Volume: 25
Year: 2018
Month: 7
X-DOI: 10.1080/09672567.2018.1481989
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1481989
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:4:p:637-657




Template-Type: ReDIF-Article 1.0
Author-Name: Richard Arena
Author-X-Name-First: Richard
Author-X-Name-Last: Arena
Title: In memory of Pier-Luigi Porta
Journal: The European Journal of the History of Economic Thought
Pages: 658-663
Issue: 4
Volume: 25
Year: 2018
Month: 7
X-DOI: 10.1080/09672567.2018.1486588
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1486588
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:4:p:658-663




Template-Type: ReDIF-Article 1.0
Author-Name: Lilia Costabile
Author-X-Name-First: Lilia
Author-X-Name-Last: Costabile
Author-Name: Gerald Epstein
Author-X-Name-First: Gerald
Author-X-Name-Last: Epstein
Title: An activist revival in central banking? Lessons from the history of economic thought and central bank practice
Abstract: 
 We introduce the “minimalist–activist” spectrum as an analytical prism through which to view key aspects of central banking theory and practice. We focus on the activist end of this spectrum, concentrating on economic growth. We explore the theoretical roots of these ideas in the writings of Dennis Robertson. We illustrate central banking practice by detailing some approaches followed by central banks pursuing economic growth and development in the decades following the Second World War. History of monetary thought, monetary theory, and analysis of central bank practices blend together to illuminate key principles and practices of central banking.
Journal: The European Journal of the History of Economic Thought
Pages: 1416-1439
Issue: 6
Volume: 24
Year: 2017
Month: 11
X-DOI: 10.1080/09672567.2017.1378691
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1378691
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Template-Type: ReDIF-Article 1.0
Author-Name: Ivan Moscati
Author-X-Name-First: Ivan
Author-X-Name-Last: Moscati
Title: Expected utility theory and experimental utility measurement, 1950–1985. From confidence to scepticism
Abstract: 
 The paper reconstructs the history of the experimental attempts to measure the cardinal utility of money between 1950 and 1985 within the framework provided by expected utility theory (EUT). It is shown that this history displays a definite trajectory: from the confidence in EUT and the EUT-based measurement of utility of the 1950s to the scepticism that, from the mid-1970s, haunted the validity of EUT as well as the significance of the utility measures obtained through it. By exploring the diverse aspects and causes of this trajectory, the paper covers new ground in the history of both decision theory and utility measurement.
Journal: The European Journal of the History of Economic Thought
Pages: 1318-1354
Issue: 6
Volume: 24
Year: 2017
Month: 11
X-DOI: 10.1080/09672567.2017.1378692
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1378692
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:6:p:1318-1354




Template-Type: ReDIF-Article 1.0
Author-Name: Claire Pignol
Author-X-Name-First: Claire
Author-X-Name-Last: Pignol
Author-Name: Benoît Walraevens
Author-X-Name-First: Benoît
Author-X-Name-Last: Walraevens
Title: Smith and Rousseau on envy in commercial societies
Abstract: 
 Several works emphasise the similarities between Rousseau and Smith's analysis of self-interest. We will show, along the lines of Le Jalle, that these similarities end on a divergent appreciation of the importance of envy in commercial societies for, contrary to Rousseau, Smith did not consider envy to be a major threat in commercial societies. Part 1 presents their quite similar definitions of envy based on three characteristics: envy comes from a disadvantageous comparison with others; it is painful and malevolent. Part 2, then, studies their moral psychology, or the way they understand the relationship between sympathy and pity on the one hand, and comparison and envy on the other. Here, we identify significant differences between our two philosophers which might explain why they have opposing views on the predominance of envy in commercial societies and on the issue of inequalities of wealth as we show in Part 3. Rousseau thinks that envy increases with wealth and inequality and thus pervades commercial societies, while Smith sees envy as the exception rather than the rule, and, moreover, does not provide a historical genesis for envy. For Smith, it is emulation rather than envy which is the driving force of the progress of society.
Journal: The European Journal of the History of Economic Thought
Pages: 1214-1246
Issue: 6
Volume: 24
Year: 2017
Month: 11
X-DOI: 10.1080/09672567.2017.1378693
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1378693
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Template-Type: ReDIF-Article 1.0
Author-Name: Hans-Michael Trautwein
Author-X-Name-First: Hans-Michael
Author-X-Name-Last: Trautwein
Title: The last generalists
Abstract: 
 The general trend of research specialisation in economics has contributed to the marginalisation of the history of economic thought. However, it has also led to a state of fragmentation in the profession and thereby increased the costs of neglecting the history of economic thought. This paper argues that historians of thought can help to counteract fragmentation because they are special generalists that fulfil multiple functions, for example, in the education of economists, the detection of blind spots in modern theories and the identification of routes for innovation by backtracking.
Journal: The European Journal of the History of Economic Thought
Pages: 1134-1166
Issue: 6
Volume: 24
Year: 2017
Month: 11
X-DOI: 10.1080/09672567.2017.1378694
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1378694
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Template-Type: ReDIF-Article 1.0
Author-Name: Ecem Okan
Author-X-Name-First: Ecem
Author-X-Name-Last: Okan
Title: How did it all begin? Adam Smith on the early and rude state of society and the age of hunters
Abstract: 
 Scholars tend to examine Smith's historical approach as a whole from the perspective of the four stages theory. This leads to a neglect of Smith's ability to use history in different ways as his different purposes require. This article distinguishes Smith's recourse to primitive society with respect to his purposes in Wealth of Nations and in Lectures on Jurisprudence. In the former, Smith analyses the capitalist economy, thereby laying emphasis on capital and the division of labour in his account of wealth. In the latter, he explains the evolution of institutions in order to challenge contractarian accounts of government.
Journal: The European Journal of the History of Economic Thought
Pages: 1247-1276
Issue: 6
Volume: 24
Year: 2017
Month: 11
X-DOI: 10.1080/09672567.2017.1381134
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1381134
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Template-Type: ReDIF-Article 1.0
Author-Name: Cléo Chassonnery-Zaïgouche
Author-X-Name-First: Cléo
Author-X-Name-Last: Chassonnery-Zaïgouche
Author-Name: Lauren Larrouy
Author-X-Name-First: Lauren
Author-X-Name-Last: Larrouy
Title: “From warfare to welfare”: Contextualising Arrow and Schelling's models of racial inequalities (1968–1972)
Abstract: 
 This paper focuses on Arrow and Schelling's contributions to the study of racial inequality in the late 1960s. We start from the authors’ account of the origin of their work. Then, we locate the “material origin” of the models at the RAND Corporation in the late 1960s and show how it relates to the transfer of the RAND tool-box to the study of welfare issues. Finally, we describe how Arrow's and Schelling's modelling strategies relate to their conception of “science for action,” inherited from their “warfare” work.
Journal: The European Journal of the History of Economic Thought
Pages: 1355-1387
Issue: 6
Volume: 24
Year: 2017
Month: 11
X-DOI: 10.1080/09672567.2017.1381135
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1381135
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Template-Type: ReDIF-Article 1.0
Author-Name: José Luís Cardoso
Author-X-Name-First: José Luís
Author-X-Name-Last: Cardoso
Author-Name: Nathalie Sigot
Author-X-Name-First: Nathalie
Author-X-Name-Last: Sigot
Author-Name: Muriel Dal Pont Legrand
Author-X-Name-First: Muriel Dal Pont
Author-X-Name-Last: Legrand
Title: Introduction
Journal: The European Journal of the History of Economic Thought
Pages: 1131-1133
Issue: 6
Volume: 24
Year: 2017
Month: 11
X-DOI: 10.1080/09672567.2017.1384644
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1384644
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Template-Type: ReDIF-Article 1.0
Author-Name: Catherine Herfeld
Author-X-Name-First: Catherine
Author-X-Name-Last: Herfeld
Title: Between mathematical formalism, normative choice rules, and the behavioural sciences: The emergence of rational choice theories in the late 1940s and early 1950s
Abstract: 
 This paper discusses why mathematical economists of the early Cold War period favored formal-axiomatic over behavioral choice theories. One reason was that formal-axiomatic theories allowed mathematical economists to improve the conceptual and theoretical foundations of economics and thereby to increase its scientific status. Furthermore, the separation between mathematical economics and other behavioral sciences was not as clear-cut as often argued. While economists did not modify their behavioral assumptions, some acknowledged the empirical shortcomings of their models. The paper reveals the multifaceted nature of rational choice theories reflected in the changing interpretations and roles of the theories in those early years.
Journal: The European Journal of the History of Economic Thought
Pages: 1277-1317
Issue: 6
Volume: 24
Year: 2017
Month: 11
X-DOI: 10.1080/09672567.2017.1385984
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1385984
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Template-Type: ReDIF-Article 1.0
Author-Name: Romain Plassard
Author-X-Name-First: Romain
Author-X-Name-Last: Plassard
Title: Disequilibrium as the origin, originality, and challenges of Clower's microfoundations of monetary theory
Abstract: 
 Robert W. Clower's article “A Reconsideration of the Microfoundations of Monetary Theory” (1967) deeply influenced the course of modern monetary economics. On the one hand, it questioned Don Patinkin's (1956) project to integrate monetary and Walrasian value theory. On the other hand, it was the fountainhead of the cash-in-advance models à la Robert J. Lucas (1980), one of the most widely used approaches to monetary theory since the 1980s. Despite this influence, Clower's project to integrate monetary and value theory remains an enigma. My paper intends to resolve it. This is a difficult task since Clower never completed the monetary theory outlined in his 1967 article. To overcome this difficulty, I characterise the intellectual context from which Clower's contribution emerged and have recourse to a reconstruction of his project. This reconstruction is based on the analysis of published and unpublished materials, written by Clower before and after the 1967 article. It is argued that Clower sought to elaborate a disequilibrium monetary theory whilst retaining the two pillars of Patinkin's integration, i.e., the introduction of money into utility functions and the real-balance effect. I trace the origins, account for the originality, and discuss the challenges of this project.
Journal: The European Journal of the History of Economic Thought
Pages: 1388-1415
Issue: 6
Volume: 24
Year: 2017
Month: 11
X-DOI: 10.1080/09672567.2017.1385985
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1385985
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Template-Type: ReDIF-Article 1.0
Author-Name: Richard van den Berg
Author-X-Name-First: Richard
Author-X-Name-Last: van den Berg
Title: A judicious and industrious compiler’: Mapping Postlethwayt's 
Abstract: 
 This paper takes as its guide the largest compilation of commercial knowledge of the mid-eighteenth century in the English language, Malachy Postlethwayt's Universal Dictionary of Trade and Commerce (1751–1755). Using network analysis, the many cross-references between entries in this work allow one to identify clusters of themes and literatures within the mass of materials. Pictures are presented that can be interpreted as ‘mind maps’ grouping the commercial literature by various topics and themes. The paper then focuses on one novel aspect of Postlethwayt's work, i.e., his inclusion besides entries on ‘practical’ topics of ‘political’ discussions, and identifies his sources.
Journal: The European Journal of the History of Economic Thought
Pages: 1167-1213
Issue: 6
Volume: 24
Year: 2017
Month: 11
X-DOI: 10.1080/09672567.2017.1388419
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1388419
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Template-Type: ReDIF-Article 1.0
Author-Name: John B. Davis
Author-X-Name-First: John B.
Author-X-Name-Last: Davis
Title: Specialization, fragmentation, and pluralism in economics
Abstract: 
 This paper investigates whether specialisation in research is causing economics to become an increasingly fragmented and diverse discipline with a continually rising number of niche-based research programmes and a declining role for dominant cross-science research programmes. It opens by framing the issue in terms of centrifugal and centripetal forces operating on research in economics, and then distinguishes descriptive from normative pluralism. It reviews recent research regarding the JEL code and economics’ J. B. Clark Award that points towards rising specialisation and fragmentation of research in economics. It then reviews five related arguments that might explain increasing specialisation and fragmentation in economics: (i) Smith’s early division of labour view, (ii) Kuhn’s later thinking about the importance of specialisation, (iii) Heiner’s behavioral burden of knowledge argument, (iv) Ross’s innovation-diffusion analysis and Arthur’s theory of technological change as determinants of specialisation in science, and (v) the effects of space and culture or internationalisation on innovation appropriation. The paper then discusses what descriptive pluralism implies about normative pluralism, and makes a case for multidisciplinarity over interdisciplinarity as a basis for arguments promoting pluralism. The paper closes with brief comments on the issue of specialisation and pluralism in the wider world outside economics and science.
Journal: The European Journal of the History of Economic Thought
Pages: 271-293
Issue: 2
Volume: 26
Year: 2019
Month: 3
X-DOI: 10.1080/09672567.2018.1555604
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1555604
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Template-Type: ReDIF-Article 1.0
Author-Name: Pierrick Clerc
Author-X-Name-First: Pierrick
Author-X-Name-Last: Clerc
Title: Brunner and Leijonhufvud: friends or foes?
Abstract: 
 Karl Brunner and Axel Leijonhufvud constantly pointed out the prominence of imperfect information in macroeconomic analysis. This paper argues that, despite strong oppositions related to their rival schools of thought, this emphasis on informational problems led them to adopt similar views on many theoretical and methodological issues. These issues encompass the perception of the economic agent in society, the theory of price inflexibility and unemployment, the role of relative prices, the importance of signal-extraction problems and the position within the Marshall-Walras divide.
Journal: The European Journal of the History of Economic Thought
Pages: 231-270
Issue: 2
Volume: 26
Year: 2019
Month: 3
X-DOI: 10.1080/09672567.2018.1555606
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1555606
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Template-Type: ReDIF-Article 1.0
Author-Name: Marion Dieudonné
Author-X-Name-First: Marion
Author-X-Name-Last: Dieudonné
Title: Thorstein Veblen’s 1904 contributions to q and insider/outsider analysis
Abstract: 
 The early 20th century saw the first steps in a tradition of leading economists explaining the link between corporate finance, investment and capital valuation. The writings of Keynes, and Tobin deal with the development of an investment theory based on the financial structure. However there is no mention Veblen, whereas he made an early American analysis of corporate governance structure. Our work is based on a critical review of the literature, which is guilty of omissions, lack of accuracy and errors of formalization. So that, we focus on the reasons why Veblen’s corporate financial analysis should not be forgotten.
Journal: The European Journal of the History of Economic Thought
Pages: 294-326
Issue: 2
Volume: 26
Year: 2019
Month: 3
X-DOI: 10.1080/09672567.2019.1575443
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1575443
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Template-Type: ReDIF-Article 1.0
Author-Name: Fabio Masini
Author-X-Name-First: Fabio
Author-X-Name-Last: Masini
Title: Tracing neoliberalism in Italy: intellectual and political connections
Abstract: 
 Neoliberalism was a powerful ideology and ‘thought collective’ between the two World Wars and after WWII. The paper aims to enquire into the channels through which neoliberalism dwelled in Italian intellectual, economic and political history, from the early 1920s to the mid-1970s, unveiling the role of public intellectuals like Einaudi, and hardly unknown think-tanks like Ceses.
Journal: The European Journal of the History of Economic Thought
Pages: 327-351
Issue: 2
Volume: 26
Year: 2019
Month: 3
X-DOI: 10.1080/09672567.2019.1575444
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1575444
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Template-Type: ReDIF-Article 1.0
Author-Name: Roberto Baranzini
Author-X-Name-First: Roberto
Author-X-Name-Last: Baranzini
Author-Name: Raphaël Fèvre
Author-X-Name-First: Raphaël
Author-X-Name-Last: Fèvre
Title: Walras as an ordoliberal?
Abstract: 
 Léon Walras and the ordoliberals share the opinion that State intervention in favour of a competitive order is a central element of economic policy. Hence, can Walras be regarded as a forerunner of ordoliberalism? This study performs a methodological and ontological analysis of Walras’ and Eucken’s thoughts and sheds light on another common ground: philosophical idealism. By taking different inclinations – Walras’ Teleological Realism vs Eucken’s Historicist Conceptualism – these authors reveal different relations with reality and methodological stances, which result in opposing philosophies of History. Paradoxically, by revealing tenuous epistemological bonds, we set a new distance between Walras and the ordoliberals.
Journal: The European Journal of the History of Economic Thought
Pages: 380-413
Issue: 2
Volume: 26
Year: 2019
Month: 3
X-DOI: 10.1080/09672567.2019.1576058
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1576058
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Handle: RePEc:taf:eujhet:v:26:y:2019:i:2:p:380-413




Template-Type: ReDIF-Article 1.0
Author-Name: Marion Gaspard
Author-X-Name-First: Marion
Author-X-Name-Last: Gaspard
Author-Name: Antoine Missemer
Author-X-Name-First: Antoine
Author-X-Name-Last: Missemer
Title: An inquiry into the Ramsey-Hotelling connection
Abstract: 
 Ramsey’s 1928 paper on saving and Hotelling’s 1931 article on exhaustible resources are considered to be two seminal contributions in economic dynamics. They have been associated because of their temporal proximity, use of the calculus of variations, and because of Hotelling’s citation of Ramsey. This connection however needs to be precisely investigated and characterized. On the basis of archival material, this paper shows that, on the interpersonal and theoretical ground, the connection is quite thin, but that significant parallels are found in Ramsey’s and Hotelling’s expectations with mathematical economics for the progress of science and for informing public decision.
Journal: The European Journal of the History of Economic Thought
Pages: 352-379
Issue: 2
Volume: 26
Year: 2019
Month: 3
X-DOI: 10.1080/09672567.2019.1576059
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1576059
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Template-Type: ReDIF-Article 1.0
Author-Name: Karen Knight
Author-X-Name-First: Karen
Author-X-Name-Last: Knight
Title: The First Serious Optimist: A.C. Pigou and the Birth of Welfare Economics by Ian Kumekawa
Journal: The European Journal of the History of Economic Thought
Pages: 414-417
Issue: 2
Volume: 26
Year: 2019
Month: 3
X-DOI: 10.1080/09672567.2019.1601821
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1601821
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Handle: RePEc:taf:eujhet:v:26:y:2019:i:2:p:414-417




Template-Type: ReDIF-Article 1.0
Author-Name: Claire Pignol
Author-X-Name-First: Claire
Author-X-Name-Last: Pignol
Author-Name: Benoît Walraevens
Author-X-Name-First: Benoît
Author-X-Name-Last: Walraevens
Title: Jean-Jacques Rousseau and Adam Smith. Ethics, Politics and Economics, by Maria Paganelli, Dennis C. Rasmussen, Craig Smith
Journal: The European Journal of the History of Economic Thought
Pages: 417-420
Issue: 2
Volume: 26
Year: 2019
Month: 3
X-DOI: 10.1080/09672567.2019.1622885
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1622885
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Template-Type: ReDIF-Article 1.0
Author-Name: Christine Théré
Author-X-Name-First: Christine
Author-X-Name-Last: Théré
Title: The Politics of Commercial Treaties in the Eighteenth Century. Balance of Power, Balance of Trade
Journal: The European Journal of the History of Economic Thought
Pages: 420-422
Issue: 2
Volume: 26
Year: 2019
Month: 3
X-DOI: 10.1080/09672567.2019.1622886
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1622886
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Template-Type: ReDIF-Article 1.0
Author-Name: Roger Middleton
Author-X-Name-First: Roger
Author-X-Name-Last: Middleton
Title: Managing the economy, managing the people: narratives of economic life in Britain from Beveridge to Brexit, by Jim Tomlinson
Journal: The European Journal of the History of Economic Thought
Pages: 422-425
Issue: 2
Volume: 26
Year: 2019
Month: 3
X-DOI: 10.1080/09672567.2019.1623508
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1623508
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Handle: RePEc:taf:eujhet:v:26:y:2019:i:2:p:422-425




Template-Type: ReDIF-Article 1.0
Author-Name: Luigino Bruni
Author-X-Name-First: Luigino
Author-X-Name-Last: Bruni
Title: The rent disease: Achille Loria’s criticism to the capitalistic society
Abstract: 
 This paper is a reconstruction and a reconsideration of Achille Loria’s (1857–1943) economic and social thought, in particular his criticism of capitalism. Loria, a leader of the Italian and European economic science of his generation, was convinced that the true and most relevant conflict in the capitalistic society was that between rent and profit. Loria, following David Ricardo, considered this conflict much more radical than the profit-wages one, and therefore assigned to income redistribution a central place in his theory. Loria was an outstanding economist in the first part of his career (1780–1900), but underwent a sudden decline with the advent of the marginalist revolution, when his “classic” approach to political economy was considered obsolete and wrong. The paper claims that Loria’s system deserves to be reconsidered, and that his criticisms are particularly relevant in contemporary financial capitalism based again on rent seeking.
Journal: The European Journal of the History of Economic Thought
Pages: 1-22
Issue: 1
Volume: 26
Year: 2019
Month: 1
X-DOI: 10.1080/09672567.2018.1491615
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1491615
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Template-Type: ReDIF-Article 1.0
Author-Name: Ryu Susato
Author-X-Name-First: Ryu
Author-X-Name-Last: Susato
Title: How Rousseau read Hume’s Political Discourses: hints of unexpected agreement in their views of money and luxury
Abstract: 
 Despite mounting scholarship on the Rousseau–Smith connection, the possibility of overlap between the Humean and Rousseauian views of commercial society has not been explored. This is due to opposing views held by these two thinkers on this issue. However, Rousseau in the Confessions recorded a brief, but shrewd impressions on Hume’s Political Discourses, which he held before meeting Hume. In these comments, Rousseau, unlike his other French contemporaries, noted some republican aspects lurking in Hume’s political and economic essays. Moreover, after his two Discourses, Rousseau composed several other important works in which he revealed his more ‘mature’ economic arguments. Careful readings of these textual clues indicate that, in striking parallel with Hume, Rousseau conducts a thought experiment on the drastic change in the quantity of money and elaborates on the significance of industry and a certain type of luxury. Our purpose here is not to prove that Hume’s Political Discourses directly influenced Rousseau’s later writings, but to measure the extent to which Rousseau could share the Scot’s economic ideas by considering that the former may well have read the latter.
Journal: The European Journal of the History of Economic Thought
Pages: 23-50
Issue: 1
Volume: 26
Year: 2019
Month: 1
X-DOI: 10.1080/09672567.2018.1499788
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1499788
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Template-Type: ReDIF-Article 1.0
Author-Name: Giuseppe Mastromatteo
Author-X-Name-First: Giuseppe
Author-X-Name-Last: Mastromatteo
Title: Financial capital and banks in Hilferding and Sraffa: lessons for today
Abstract: 
 Rudolf Hilferding’s Das Finanzkapital dealt with the increasing role of finance in the German economy and the resulting structural transformations. The young Sraffa shared with Hilferding an interest on the role played by the banks in the transformation of capitalism. The relationship among banking and industrial capital implied different business models of the German and UK banks and determined the resulting domination of financial capital on the economy. We deepen the methodological and practical similarities and differences of the two scholars, discussing the aspects that are still relevant today to understand financialisation and instability of capitalism.
Journal: The European Journal of the History of Economic Thought
Pages: 51-80
Issue: 1
Volume: 26
Year: 2019
Month: 1
X-DOI: 10.1080/09672567.2018.1523205
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1523205
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Template-Type: ReDIF-Article 1.0
Author-Name: Miguel D. Ramirez
Author-X-Name-First: Miguel D.
Author-X-Name-Last: Ramirez
Title: Marx and Ricardo on machinery: a critical note
Abstract: 
 This article critically discusses the important and relevant—not to mention controversial— views of Ricardo and Marx on the impact of machinery on labor productivity, the organization of production and the wages and employment prospects of the working class during the capitalism of their day. First, the article turns to Ricardo’s assessment of the introduction of machinery and its likely effects on the laborer and the rate of profit and accumulation—one which went through a substantial revision (and reversal) between the first and third editions of his Principles of Political Economy and Taxation. Then, we discuss Marx’s own critical analysis of the historical development of machinery and its impact on the labor process, the so-called “compensation principle,” and how the rising organic composition of capital ostensibly generates a “redundant or surplus-population” during the course of capitalist development. We highlight Marx’s intellectual debt to Ricardo, John Barton (and George Ramsay) insofar as his theory of technological unemployment is concerned. Lastly, the article summarizes the views of Ricardo and Marx and offers some concluding remarks.
Journal: The European Journal of the History of Economic Thought
Pages: 81-100
Issue: 1
Volume: 26
Year: 2019
Month: 1
X-DOI: 10.1080/09672567.2018.1523208
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1523208
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Handle: RePEc:taf:eujhet:v:26:y:2019:i:1:p:81-100




Template-Type: ReDIF-Article 1.0
Author-Name: Åsbjørn Melkevik
Author-X-Name-First: Åsbjørn
Author-X-Name-Last: Melkevik
Title: Starve all the lawyers: four theories of the just price
Abstract: 
 The only “sense in which we can meaningfully talk about just wages or just prices”, said Friedrich Hayek, is for wages and prices “determined in a free market without deception, fraud or violence”. Conversely, after reviewing three theories of the just price, this paper proposes a classical liberal theory of the just price, called the “catallactic” theory, according to which our understanding of just prices must account for the background institutions of markets. Some transactions could not happen in a market without a certain theory of just prices and such transactions will feed into our understanding of markets, hence making just prices a de facto reality.
Journal: The European Journal of the History of Economic Thought
Pages: 101-128
Issue: 1
Volume: 26
Year: 2019
Month: 1
X-DOI: 10.1080/09672567.2018.1555607
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1555607
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Handle: RePEc:taf:eujhet:v:26:y:2019:i:1:p:101-128




Template-Type: ReDIF-Article 1.0
Author-Name: Agnar Sandmo
Author-X-Name-First: Agnar
Author-X-Name-Last: Sandmo
Title: A fundamental externality in the labour market? Ragnar Frisch on the socially optimal amount of work
Abstract: 
 In the late 1940s, Ragnar Frisch published two articles in Norwegian that constitute a pioneering attempt to apply welfare economics to a problem of economic policy. The main contention of the articles is that there exists a fundamental externality in the labour market because the marginal productivity of labour depends both on input in the individual unit and on total labour use in the economy. While inspired by the problems of post-war reconstruction, Frisch came to regard it as a general problem in a decentralized economy, and he explores its consequences for wage and tax policy. While Frisch attached great importance to the analysis, it has received little attention in the subsequent literature.
Journal: The European Journal of the History of Economic Thought
Pages: 129-156
Issue: 1
Volume: 26
Year: 2019
Month: 1
X-DOI: 10.1080/09672567.2018.1555608
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1555608
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Handle: RePEc:taf:eujhet:v:26:y:2019:i:1:p:129-156




Template-Type: ReDIF-Article 1.0
Author-Name: Laurie Bréban
Author-X-Name-First: Laurie
Author-X-Name-Last: Bréban
Author-Name: André Lapidus
Author-X-Name-First: André
Author-X-Name-Last: Lapidus
Title: Adam Smith on lotteries: an interpretation and formal restatement
Abstract: 
 The paper concerns a neglected aspect of the Wealth of Nations (with the notable exception of D. Levy 1999), dealing directly with decision under risk. In a few pages from book I, chapter 10, Adam Smith explicitly named “lotteries” various objects of choice (possible occupations, or investment opportunities, for instance) and provided an analysis which standard expected utility glasses would hardly fit. Taking this into account allows a better understanding of the part played by typical characters like the “projector” or the “sober man”, in such matters as Smith’s conception of entrepreneurship or of the credit market. The use of some modern concepts in decision analysis (inverse stochastic dominance, rank dependent utility, prudence toward risk), is a means to show the existence, in Smith’s work, of an original theory from decision under risk, where his analysis of lotteries in the Wealth of Nations is consistent with statements from his moral philosophy on asymmetric sensitivity to gains and losses and to the regulating part played by the impartial spectator.
Journal: The European Journal of the History of Economic Thought
Pages: 157-197
Issue: 1
Volume: 26
Year: 2019
Month: 1
X-DOI: 10.1080/09672567.2019.1576057
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1576057
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Handle: RePEc:taf:eujhet:v:26:y:2019:i:1:p:157-197




Template-Type: ReDIF-Article 1.0
Author-Name: Michele Alacevich
Author-X-Name-First: Michele
Author-X-Name-Last: Alacevich
Title: Peripheral visions of economic development. New frontiers in development economics and the history of economic thought
Journal: The European Journal of the History of Economic Thought
Pages: 198-200
Issue: 1
Volume: 26
Year: 2019
Month: 1
X-DOI: 10.1080/09672567.2019.1601816
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1601816
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Handle: RePEc:taf:eujhet:v:26:y:2019:i:1:p:198-200




Template-Type: ReDIF-Article 1.0
Author-Name: Yann Giraud
Author-X-Name-First: Yann
Author-X-Name-Last: Giraud
Title: Founder of modern economics: Paul A. Samuelson. Volume 1: becoming Samuelson, 1915–1948
Journal: The European Journal of the History of Economic Thought
Pages: 200-206
Issue: 1
Volume: 26
Year: 2019
Month: 1
X-DOI: 10.1080/09672567.2019.1601817
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1601817
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Handle: RePEc:taf:eujhet:v:26:y:2019:i:1:p:200-206




Template-Type: ReDIF-Article 1.0
Author-Name: Raphaël Fèvre
Author-X-Name-First: Raphaël
Author-X-Name-Last: Fèvre
Title: The birth of austerity. German ordoliberalism and contemporary neoliberalism
Journal: The European Journal of the History of Economic Thought
Pages: 206-209
Issue: 1
Volume: 26
Year: 2019
Month: 1
X-DOI: 10.1080/09672567.2019.1601818
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1601818
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Handle: RePEc:taf:eujhet:v:26:y:2019:i:1:p:206-209




Template-Type: ReDIF-Article 1.0
Author-Name: Pascal Bridel
Author-X-Name-First: Pascal
Author-X-Name-Last: Bridel
Title: L’intrus et l’absent. Essai sur le travail et le salariat dans la théorie économique
Journal: The European Journal of the History of Economic Thought
Pages: 209-213
Issue: 1
Volume: 26
Year: 2019
Month: 1
X-DOI: 10.1080/09672567.2019.1601819
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1601819
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Handle: RePEc:taf:eujhet:v:26:y:2019:i:1:p:209-213




Template-Type: ReDIF-Article 1.0
Author-Name: Carlo Cristiano
Author-X-Name-First: Carlo
Author-X-Name-Last: Cristiano
Title: La cultura economica tra le due guerre
Journal: The European Journal of the History of Economic Thought
Pages: 213-217
Issue: 1
Volume: 26
Year: 2019
Month: 1
X-DOI: 10.1080/09672567.2019.1601822
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1601822
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Handle: RePEc:taf:eujhet:v:26:y:2019:i:1:p:213-217




Template-Type: ReDIF-Article 1.0
Author-Name: Günther Chaloupek
Author-X-Name-First: Günther
Author-X-Name-Last: Chaloupek
Title: German influences on American economic thought and American influences on German economic thought/Deutsche Einflüsse auf amerikanisches wirtschaftswissenschaftliches Denken und amerikanische Einflüsse auf deutsches Wirtschaftsdenken
Journal: The European Journal of the History of Economic Thought
Pages: 217-220
Issue: 1
Volume: 26
Year: 2019
Month: 1
X-DOI: 10.1080/09672567.2019.1601823
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1601823
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Handle: RePEc:taf:eujhet:v:26:y:2019:i:1:p:217-220




Template-Type: ReDIF-Article 1.0
Author-Name: Koen Stapelbroek
Author-X-Name-First: Koen
Author-X-Name-Last: Stapelbroek
Title: Cameralism in practice: state administration and economy in early modern Europe
Journal: The European Journal of the History of Economic Thought
Pages: 220-224
Issue: 1
Volume: 26
Year: 2019
Month: 1
X-DOI: 10.1080/09672567.2019.1601824
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1601824
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Handle: RePEc:taf:eujhet:v:26:y:2019:i:1:p:220-224




Template-Type: ReDIF-Article 1.0
Author-Name: Ryan Walter
Author-X-Name-First: Ryan
Author-X-Name-Last: Walter
Title: The new worlds of Thomas Robert Malthus: rereading the principle of population
Journal: The European Journal of the History of Economic Thought
Pages: 225-229
Issue: 1
Volume: 26
Year: 2019
Month: 1
X-DOI: 10.1080/09672567.2019.1601847
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1601847
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Handle: RePEc:taf:eujhet:v:26:y:2019:i:1:p:225-229




Template-Type: ReDIF-Article 1.0
Author-Name: Jean-Guy Prévost
Author-X-Name-First: Jean-Guy
Author-X-Name-Last: Prévost
Author-Name: Stefano Spalletti
Author-X-Name-First: Stefano
Author-X-Name-Last: Spalletti
Author-Name: Stefano Perri
Author-X-Name-First: Stefano
Author-X-Name-Last: Perri
Title: Methodology, theory and inquiry in Italian economic and social thought: The making of Francesco Coletti
Abstract: 
 During the first decades of the twentieth century, Italian economist Francesco Coletti (1866–1940) was recognised as an authority on emigration and agricultural economics. We intend to focus here on Coletti's early career to understand how he rapidly managed to secure an enviable reputation. We examine Coletti's interventions on economic semiology and measurement of national wealth. We then move on to a series of theoretical debates (notably on Marx's theory of value) to which Coletti made significant contributions. Finally, we survey Coletti's fieldwork in agriculture and emigration, topics that allowed for connecting theoretical issues, methodological constraints, and empirical data.
Journal: The European Journal of the History of Economic Thought
Pages: 1027-1052
Issue: 5
Volume: 24
Year: 2017
Month: 9
X-DOI: 10.1080/09672567.2017.1301509
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1301509
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:5:p:1027-1052




Template-Type: ReDIF-Article 1.0
Author-Name: Clara Elisabetta Mattei
Author-X-Name-First: Clara Elisabetta
Author-X-Name-Last: Mattei
Title: Austerity and repressive politics: Italian economists in the early years of the fascist government
Abstract: 
 The historical forerunners of contemporary austerity are still largely unexplored. This essay considers the “liberal phase” of Fascist Italy (1922–1925) as a case study to explain austerity as a full-blown rationality, that is intrinsically, and simultaneously, theory and practice, encompassing the moral, the economic and the political. My explanation moves beyond the interpretation of austerity as the post-1980, neoliberal recipe of price deflation and budget cuts. The Italian case draws attention to a neglected connection: that between austerity and repression. Austerity was the guiding principle of the Fascist economic agenda during the 1920s. It served to extinguish the effects of the democratisation process of the post-WWI years. The paper examines the work of four distinguished economists, Maffeo Pantaleoni, Luigi Einaudi, Alberto De Stefani and Umberto Ricci, who – in different roles as professors, journalists, advisors, and policy-makers – can be considered the source, the guardians and the enforcers of Fascist austerity.
Journal: The European Journal of the History of Economic Thought
Pages: 998-1026
Issue: 5
Volume: 24
Year: 2017
Month: 9
X-DOI: 10.1080/09672567.2017.1301510
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1301510
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:5:p:998-1026




Template-Type: ReDIF-Article 1.0
Author-Name: Sylvie Rivot
Author-X-Name-First: Sylvie
Author-X-Name-Last: Rivot
Title: Economic policy as expectations management: Keynes’ and Friedman's complementary approaches
Abstract: 
 We investigate how Keynes and Friedman, respectively, address the issue of the disequilibria at stake in a monetary economy through a shared concern for the formation of expectations. We show that Keynes was interested in the coordination of long-term expectations regarding non-monetary assets prospective yields, while Friedman focused on the adaptation of short-term nominal expectations. Regarding the remedies to these disequilibria, both economists called for devices that aim to stabilise market expectations. As a direct outcome, Keynes designed policies that aim to stabilise the long-term state of expectations while Friedman basically aimed at the acceleration of the competitive adjustment process.
Journal: The European Journal of the History of Economic Thought
Pages: 1053-1084
Issue: 5
Volume: 24
Year: 2017
Month: 9
X-DOI: 10.1080/09672567.2017.1323939
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1323939
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:5:p:1053-1084




Template-Type: ReDIF-Article 1.0
Author-Name: Chris Grocott
Author-X-Name-First: Chris
Author-X-Name-Last: Grocott
Title: Friedrich Hayek's fleeting foray into 1940s colonial development
Abstract: 
 Herein we examine recommendations made in 1944 by Friedrich Hayek for the Government of Gibraltar, regarding Gibraltar's future economic prospects. In keeping with Hayek's ideas in The Road to Serfdom, he proposed reducing state-led economic planning in Gibraltar alongside proposals to lift restrictions upon the operation of a free market in rents and labour. Hayek's proposals were rejected by both governments in Gibraltar and London because they were not compatible with the economic planning of colonial economies, inspired by Keynes, and provision of welfare systems in the empire inspired by Beveridge, both dominant ideas during the mid-1940s in government circles.
Journal: The European Journal of the History of Economic Thought
Pages: 1085-1106
Issue: 5
Volume: 24
Year: 2017
Month: 9
X-DOI: 10.1080/09672567.2017.1334078
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1334078
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:5:p:1085-1106




Template-Type: ReDIF-Article 1.0
Author-Name: Betsy Jane Clary
Author-X-Name-First: Betsy Jane
Author-X-Name-Last: Clary
Title: Keynes, the socialisation of trade, and international monetary institutions
Abstract: 
 While Keynes began formulating his ideas concerning the post-WWII international financial system in the early 1940s, the genesis of these ideas can be traced to his earlier work. The Keynes Plan represents the culmination of his search for adequate institutions that guide economic activity for the public good. The reasons given by Keynes for the establishment of an International Clearing Bank are relevant in the modern international economy, given the current imbalances in international trade. As Keynes argued for the socialisation of investment as a method to achieve full-employment in the domestic economy, he argued for the “socialisation of trade” as a method to achieve international economic balance among nations.
Journal: The European Journal of the History of Economic Thought
Pages: 979-997
Issue: 5
Volume: 24
Year: 2017
Month: 9
X-DOI: 10.1080/09672567.2017.1334806
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1334806
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:5:p:979-997




Template-Type: ReDIF-Article 1.0
Author-Name: Maurice Salles
Author-X-Name-First: Maurice
Author-X-Name-Last: Salles
Title: Kenneth J. Arrow 1921–2017
Journal: The European Journal of the History of Economic Thought
Pages: 1123-1129
Issue: 5
Volume: 24
Year: 2017
Month: 9
X-DOI: 10.1080/09672567.2017.1366123
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1366123
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:5:p:1123-1129




Template-Type: ReDIF-Article 1.0
Author-Name: Marcel Boumans
Author-X-Name-First: Marcel
Author-X-Name-Last: Boumans
Title: A Few Hares to Chase. The Economic Life and Times of Bill Phillips, by Alan Bollard
Journal: The European Journal of the History of Economic Thought
Pages: 1113-1116
Issue: 5
Volume: 24
Year: 2017
Month: 9
X-DOI: 10.1080/09672567.2017.1366124
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1366124
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:5:p:1113-1116




Template-Type: ReDIF-Article 1.0
Author-Name: Michael McLure
Author-X-Name-First: Michael
Author-X-Name-Last: McLure
Title: , by Fiorenzo Mornati
Journal: The European Journal of the History of Economic Thought
Pages: 1110-1113
Issue: 5
Volume: 24
Year: 2017
Month: 9
X-DOI: 10.1080/09672567.2017.1366125
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1366125
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:5:p:1110-1113




Template-Type: ReDIF-Article 1.0
Author-Name: Marianne Johnson
Author-X-Name-First: Marianne
Author-X-Name-Last: Johnson
Title: , by Manuela Mosca
Journal: The European Journal of the History of Economic Thought
Pages: 1116-1118
Issue: 5
Volume: 24
Year: 2017
Month: 9
X-DOI: 10.1080/09672567.2017.1366126
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1366126
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:5:p:1116-1118




Template-Type: ReDIF-Article 1.0
Author-Name: Keith Tribe
Author-X-Name-First: Keith
Author-X-Name-Last: Tribe
Title: , by Richard Cantillon, edited by Richard van den Berg / , by Richard Cantillon, edited by Antoin E. Murphy
Journal: The European Journal of the History of Economic Thought
Pages: 1107-1109
Issue: 5
Volume: 24
Year: 2017
Month: 9
X-DOI: 10.1080/09672567.2017.1366127
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1366127
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:5:p:1107-1109




Template-Type: ReDIF-Article 1.0
Author-Name: Guido Frison
Author-X-Name-First: Guido
Author-X-Name-Last: Frison
Title: Dompter Prométhée: Technologies et socialismes à l'âge romantique (1820–1870)
Journal: The European Journal of the History of Economic Thought
Pages: 1118-1122
Issue: 5
Volume: 24
Year: 2017
Month: 9
X-DOI: 10.1080/09672567.2017.1380906
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1380906
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:5:p:1118-1122




Template-Type: ReDIF-Article 1.0
Author-Name: Sergio Cremaschi
Author-X-Name-First: Sergio
Author-X-Name-Last: Cremaschi
Title: Theological themes in Ricardo's papers and correspondence
Abstract: 
 I review evidence from published and unpublished sources on Ricardo's theological ideas. The main focuses of interest are the existence of a natural morality independent of religious confessions, morality as the essence of religion, uselessness of theological speculation, justification of toleration for everybody, including atheists, and the miscarriage of any attempt at a philosophical theodicy. The paper explores also the connection between Ricardo's interest for theodicy and his views on the scope and method of political economy and suggests that his opinion that political economy should be a secular and value-free science close to mathematics depends precisely on theological reasons.
Journal: The European Journal of the History of Economic Thought
Pages: 784-808
Issue: 4
Volume: 24
Year: 2017
Month: 7
X-DOI: 10.1080/09672567.2017.1315954
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1315954
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:4:p:784-808




Template-Type: ReDIF-Article 1.0
Author-Name: David Andrews
Author-X-Name-First: David
Author-X-Name-Last: Andrews
Title: Keynes and Christian socialism: Religion and the economic problem
Abstract: 
 Keynes rejected religion in his youth but embraced it later in his life. This essay addresses Keynes’ peculiar definition of religion, his description of his “religion,” and the sources of his religion. Keynes characterised religion as not only a personal experience of communion, but also as the pursuit of a better world for all people, although he showed some ambivalence about how this better world might come about, ultimately adopting a position similar to that of the nineteenth-century Christian Socialist Movement, to which he was connected through the Cambridge Apostles.
Journal: The European Journal of the History of Economic Thought
Pages: 958-977
Issue: 4
Volume: 24
Year: 2017
Month: 7
X-DOI: 10.1080/09672567.2017.1323936
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1323936
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:4:p:958-977




Template-Type: ReDIF-Article 1.0
Author-Name: Daniela Donnini Macciò
Author-X-Name-First: Daniela
Author-X-Name-Last: Donnini Macciò
Title: Pigou on philosophy and religion
Abstract: 
 This article discusses a group of essays on ethical issues written by Pigou between 1900 and 1908. It is argued that they contain the foundations of his economic philosophy. Pigou's research on the meaning and content of the good merged into his definition of welfare, and his interest in religion as a subjective experience resurfaced in the subjective framework of his economics. A methodological pragmatism informed his economics as well as his ethics; moreover, the endorsement of interpersonal comparisons of the good in the ethical texts was consistent with Pigou's adoption of utility comparisons in welfare economics. Pigou's philosophical pessimism was reflected in his analysis of the economic evils of society, eventually leading to his advocacy of governmental intervention to foster economic welfare. The article contends that Pigou's philosophy derived not only from Sidgwick, as commonly believed, but also from G.E. Moore's Principia Ethica.
Journal: The European Journal of the History of Economic Thought
Pages: 931-957
Issue: 4
Volume: 24
Year: 2017
Month: 7
X-DOI: 10.1080/09672567.2017.1323937
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1323937
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:4:p:931-957




Template-Type: ReDIF-Article 1.0
Author-Name: Keith Tribe
Author-X-Name-First: Keith
Author-X-Name-Last: Tribe
Title: Henry Sidgwick, moral order, and utilitarianism
Abstract: 
 Henry Sidgwick is today remembered as a later nineteenth-century moral philosopher who struggled with his Christian faith, having difficulty reconciling this with an emergent modern and secular philosophy. In this paper, it is suggested that the only accurate part of this statement relates to the century in which Henry Sidgwick lived. It is argued that modern readers lack sensitivity to questions of faith and religiosity that were commonplace in the later nineteenth century, and that to have doubts in an Anglican faith did not necessarily imply any weakening of Christian faith. Furthermore, a misreading of Sidgwick as a moral philosopher in the modern sense neglects Sidgwick's central role in a Moral Sciences Tripos that included logic and political economy. Only after Marshall extracted political economy and political science from the Moral Sciences Tripos in 1903 did that Tripos become the foundation for a new Philosophy Tripos, and it is an error to read that later configuration back into the Tripos that Sidgwick led from 1883 to 1900.
Journal: The European Journal of the History of Economic Thought
Pages: 907-930
Issue: 4
Volume: 24
Year: 2017
Month: 7
X-DOI: 10.1080/09672567.2017.1323938
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1323938
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:4:p:907-930




Template-Type: ReDIF-Article 1.0
Author-Name: Caroline Bauer
Author-X-Name-First: Caroline
Author-X-Name-Last: Bauer
Title: The necessity to work, according to John Calvin's duty of stewardship
Abstract: 
 This article analyses John Calvin's argument for the necessity of hard, lifelong work. Paradoxically, his argument runs alongside a condemnation of the quest for personal enrichment and the pursuit of self-interest. This apparent contradiction can be resolved if it is understood within the framework of a duty of stewardship, according to which every man has to act as God would have done in his place. Our description of this duty leads us to outline the concept of work in Calvin's thought, and to locate it within the context of Max Weber's understanding of the ascetic Calvinist interpretation of work.
Journal: The European Journal of the History of Economic Thought
Pages: 689-707
Issue: 4
Volume: 24
Year: 2017
Month: 7
X-DOI: 10.1080/09672567.2017.1332663
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1332663
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:4:p:689-707




Template-Type: ReDIF-Article 1.0
Author-Name: Philippe Steiner
Author-X-Name-First: Philippe
Author-X-Name-Last: Steiner
Title: Religion and the sociological critique of political economy: Altruism and gift
Abstract: 
 This article shows that there is a strong connection between the religious component of French sociology and the critique of political economy. In the first section, I consider how selfish behaviour, or egoism, became treated as a major threat endangering the creation of industrial society by those concerned about the diffusion of political economy. I then summarise the methodological critique set forth in the Cours, before connecting this critique to the economic content of the Système and the concept of altruism. In the following section, Spencer's view of altruism is contrasted to that held by Comte, and then I consider the reaction of French political economists, defending the moral value bought about by their science. In the final section, I explain how the Comtean approach was re-enacted by Durkheim and then by Mauss, at the head of the “sociology of religion” section of L'Année sociologique, the Durkheimian journal, to give birth to the theory of gift-giving behaviour that Mauss used to critique political economy in the 1920s.
Journal: The European Journal of the History of Economic Thought
Pages: 876-906
Issue: 4
Volume: 24
Year: 2017
Month: 7
X-DOI: 10.1080/09672567.2017.1332664
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1332664
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Template-Type: ReDIF-Article 1.0
Author-Name: Ragip Ege
Author-X-Name-First: Ragip
Author-X-Name-Last: Ege
Title: The concept of “lawfulness” in economic matters. Reading Ibn Rushd (Averroes)
Abstract: 
 In the Middle Ages the major concept through which economic matters are analysed and evaluated is the “lawful”, in Arabic jâ’iz, concept. It claims to establish whether a gain, a profit, a contract is lawful or not: that is the main question theologians examine when they are addressing the issue of appreciating any economic fact. In our study, we analyse the criteria of the “lawfulness” as found in the economic parts of Ibn Rushd's work entitled Bidâyat al-mujtahid wa nihâyat al-muqtaṣid (English translation: The Distinguished Jurist's Primer). Our thesis is inspired essentially by Raymond De Roover's studies on the economic thought in the Middle Ages. De Roover shows that the criteria for lawfulness are to be found in the nature of the contract between partners: a gain is lawful if the contract which generates it is lawful. Our study essentially consists in a text analysis.
Journal: The European Journal of the History of Economic Thought
Pages: 670-688
Issue: 4
Volume: 24
Year: 2017
Month: 7
X-DOI: 10.1080/09672567.2017.1332665
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1332665
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:4:p:670-688




Template-Type: ReDIF-Article 1.0
Author-Name: Pierre Musso
Author-X-Name-First: Pierre
Author-X-Name-Last: Musso
Title: Religion and political economy in Saint-Simon
Abstract: 
 The project of Henri Saint-Simon (1760–1825) was to complete the French Revolution by a social change in order to eliminate the so-called “feudal-military” system and to bring about a new society which he named “the industrial system”. Everything had to be changed, including religion and its relation to political economy. In this paper, I examine: (i) the recurring problem of religion, raised by Saint-Simon as early as his first text; (ii) the emergence of the economic problem of identifying production with politics; (iii) and finally, the metamorphosis of the Christian religion into a moral and industrial religion.
Journal: The European Journal of the History of Economic Thought
Pages: 809-827
Issue: 4
Volume: 24
Year: 2017
Month: 7
X-DOI: 10.1080/09672567.2017.1332666
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1332666
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Template-Type: ReDIF-Article 1.0
Author-Name: Gilbert Faccarello
Author-X-Name-First: Gilbert
Author-X-Name-Last: Faccarello
Title: A dance teacher for paralysed people? Charles de Coux and the dream of a Christian political economy
Abstract: 
 During the first decades of the nineteenth century, the emergence of “économie politique chrétienne”, with the aim of founding a new school of political economy, marked the French intellectual landscape. The name of J.-P.A. de Villeneuve-Bargemont is usually cited in this context. But, before Villeneuve-Bargemont, Charles de Coux had launched this approach powerfully. The present paper first states the circumstances of Coux's writings and their specific intellectual context. His project is then analysed, and his critique of political economy, his fundamental idea for an alternative approach, and his description of the logic of an industrial economy are discussed. Finally, the solutions he proposed to eradicate pauperism are examined. A brief statement of the significance of his work and legacy concludes.
Journal: The European Journal of the History of Economic Thought
Pages: 828-875
Issue: 4
Volume: 24
Year: 2017
Month: 7
X-DOI: 10.1080/09672567.2017.1332667
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1332667
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Template-Type: ReDIF-Article 1.0
Author-Name: Thomas Ruellou
Author-X-Name-First: Thomas
Author-X-Name-Last: Ruellou
Title: Defending free trade after physiocracy: On Dugald Stewart's architectonic of passions, reason and Providence
Abstract: 
 Dugald Stewart (1753–1828) defended free trade in light of a providential account of Nature, according to which there would be an “identity of interests” (Halévy 1901–1904). He thereby tried to rid economic thought of references to conflicts and thus pursued the physiocrats’ programme rather than Adam Smith's. In fact, Stewart claimed that (i) self-love depends on an accommodation to Providence, by which individuals restrain their passions; (ii) self-love fosters actions that lead to a direct increase of public happiness; (iii) the perfectibility of mind allows to dismiss “legal despotism”, which can be replaced by religious education.
Journal: The European Journal of the History of Economic Thought
Pages: 742-783
Issue: 4
Volume: 24
Year: 2017
Month: 7
X-DOI: 10.1080/09672567.2017.1334077
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1334077
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Template-Type: ReDIF-Article 1.0
Author-Name: Arnaud Orain
Author-X-Name-First: Arnaud
Author-X-Name-Last: Orain
Author-Name: Maxime Menuet
Author-X-Name-First: Maxime
Author-X-Name-Last: Menuet
Title: Liberal Jansenists and interest-bearing loans in eighteenth-century France: a reappraisal
Abstract: 
 This article is an attempt to prove that although the liberal Jansenists – Jansenism being the most powerful Christian protest movement of the seventeenth and eighteenth centuries – were not the first and the only ones to address the prohibition of interest-bearing loans, their writings on the issue shifted and fuelled the debate during the French Enlightenment, especially among the Encyclopédistes and the economists. By refuting the very logic of “extrinsic titles” of the Scholastics and their extension later on by the Jesuits, the liberals Jansenists redefined “interest” as the price to be paid for the use of money.
Journal: The European Journal of the History of Economic Thought
Pages: 708-741
Issue: 4
Volume: 24
Year: 2017
Month: 7
X-DOI: 10.1080/09672567.2017.1338304
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1338304
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:4:p:708-741




Template-Type: ReDIF-Article 1.0
Author-Name: Richard Sturn
Author-X-Name-First: Richard
Author-X-Name-Last: Sturn
Title: Agency, exchange, and power in scholastic thought
Abstract: 
 The socio-economic reasoning of the schoolmen originated from heterogeneous roots and influences and developed over centuries. This is reflected in divergent interpretations of scholastic economic thought. Two conceptual coordinates are used to put those discussions into a common perspective: (1) the distinction between agency-sensitive vs. agency-neutral exchange; (2) the divide between intellectualism and voluntarism. While focussing important theological influences on key issues of economic thought, this allows for a critical account of continuity of problems, while at the same time taking seriously the profound transformation of knowledge systems since the scholastic era.
Journal: The European Journal of the History of Economic Thought
Pages: 640-669
Issue: 4
Volume: 24
Year: 2017
Month: 7
X-DOI: 10.1080/09672567.2017.1338393
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1338393
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:4:p:640-669




Template-Type: ReDIF-Article 1.0
Author-Name: Gilbert Faccarello
Author-X-Name-First: Gilbert
Author-X-Name-Last: Faccarello
Title: Sæculum
Journal: The European Journal of the History of Economic Thought
Pages: 625-639
Issue: 4
Volume: 24
Year: 2017
Month: 7
X-DOI: 10.1080/09672567.2017.1351848
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1351848
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Template-Type: ReDIF-Article 1.0
Author-Name: The Editors
Title: Erratum
Journal: The European Journal of the History of Economic Thought
Pages: iii-iii
Issue: 4
Volume: 24
Year: 2017
Month: 7
X-DOI: 10.1080/09672567.2017.1366569
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1366569
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Template-Type: ReDIF-Article 1.0
Author-Name: The Editors
Title: Erratum
Journal: The European Journal of the History of Economic Thought
Pages: iv-iv
Issue: 4
Volume: 24
Year: 2017
Month: 7
X-DOI: 10.1080/09672567.2017.1366616
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1366616
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Template-Type: ReDIF-Article 1.0
Author-Name: The Editors
Title: Corrigendum
Journal: The European Journal of the History of Economic Thought
Pages: v-v
Issue: 4
Volume: 24
Year: 2017
Month: 7
X-DOI: 10.1080/09672567.2017.1366618
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1366618
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:4:p:v-v




Template-Type: ReDIF-Article 1.0
Author-Name: The Editors
Title: Erratum
Journal: The European Journal of the History of Economic Thought
Pages: vi-vi
Issue: 4
Volume: 24
Year: 2017
Month: 7
X-DOI: 10.1080/09672567.2017.1366625
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1366625
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Template-Type: ReDIF-Article 1.0
Author-Name: The Editors
Title: Erratum
Journal: The European Journal of the History of Economic Thought
Pages: vii-viI
Issue: 4
Volume: 24
Year: 2017
Month: 7
X-DOI: 10.1080/09672567.2017.1366628
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1366628
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:4:p:vii-viI




Template-Type: ReDIF-Article 1.0
Author-Name: The Editors
Title: Corrigendum
Journal: The European Journal of the History of Economic Thought
Pages: ix-ix
Issue: 4
Volume: 24
Year: 2017
Month: 7
X-DOI: 10.1080/09672567.2017.1366658
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1366658
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Template-Type: ReDIF-Article 1.0
Author-Name: The Editors
Title: Erratum
Journal: The European Journal of the History of Economic Thought
Pages: viii-viii
Issue: 4
Volume: 24
Year: 2017
Month: 7
X-DOI: 10.1080/09672567.2017.1366664
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1366664
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Template-Type: ReDIF-Article 1.0
Author-Name: Maxime Desmarais-Tremblay
Author-X-Name-First: Maxime
Author-X-Name-Last: Desmarais-Tremblay
Title: A genealogy of the concept of merit wants
Abstract: 
 This paper proposes a genealogy of the concept of merit wants coined by Richard A. Musgrave in his Theory of Public Finance (1959). The concept of merit wants can only be understood as a complement to the concept of public goods. I suggest that Musgrave invented the concept to apprehend some considerations that have been left out in the process of consolidation of the concept of public good. The narrow definition of the latter could not account for important state responsibilities that have been asserted by many economists.I attempt to reconstruct Musgrave's intellectual background. First, I select examples of arguments for state intervention from authors influential in Musgrave's formative period (J.S. Mill, H. Sidgwick, E. Sax, H. Ritschl, G. Cassel, A. Wagner). Second, I argue that the invention of the concept in the 1950s reflected contemporary concerns for redistributive policies. I show that critics of the New Welfare approach (G. Colm, A. Hansen, W. Heller, H. Bowen) have held similar views, which were also in line with the liberal policy spirit of the post-war era in the United States.
Journal: The European Journal of the History of Economic Thought
Pages: 409-440
Issue: 3
Volume: 24
Year: 2017
Month: 5
X-DOI: 10.1080/09672567.2016.1186202
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1186202
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:3:p:409-440




Template-Type: ReDIF-Article 1.0
Author-Name: Thomas Michael Mueller
Author-X-Name-First: Thomas Michael
Author-X-Name-Last: Mueller
Title: Can you put free will into an equation? The debate on determinism and mathematics at the end of the nineteenth century
Abstract: 
 Mathematics and determinism may seem two very different topics, especially when mathematics is associated with the social sciences and economics. Nonetheless, this has not always been the case. In 1873 a curious debate took place in Paris between a young Léon Walras and Pierre Emile Levasseur concerning the compatibility of mathematics, economics, and free will. It was the consequence of a Laplacian view of mathematics that Walras inherited from physics, a view that associated mathematics with a peculiar philosophical conception. We reconstruct the historical context of the debate, the particular view of mathematics that lead to it, and then analyse the attitudes of Cournot, Walras, and Levasseur on the issue. We show that the mathematisation of economics was deeply influenced by how physicists understood mathematics.
Journal: The European Journal of the History of Economic Thought
Pages: 441-464
Issue: 3
Volume: 24
Year: 2017
Month: 5
X-DOI: 10.1080/09672567.2016.1186203
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1186203
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:3:p:441-464




Template-Type: ReDIF-Article 1.0
Author-Name: Neri Salvadori
Author-X-Name-First: Neri
Author-X-Name-Last: Salvadori
Author-Name: Rodolfo Signorino
Author-X-Name-First: Rodolfo
Author-X-Name-Last: Signorino
Title: From endogenous growth to stationary state: The world economy in the mathematical formulation of the Ricardian system
Abstract: 
 We analyse international trade in a Pasinetti–Ricardo growth model in the world economy scenario in which several small trading countries coexist and international commodity prices are determined by the interplay of supply and demand amongst them. We demonstrate that all the trading countries eventually reach the stationary state, though this process is not monotonic and the dynamics of capital and population may actually push some countries towards the stationary state and others away from it. We also use our model to assess an argument which Malthus employed in the second edition of An Essay on the Principle of Population (1803) to support a policy of agricultural protectionism.
Journal: The European Journal of the History of Economic Thought
Pages: 507-527
Issue: 3
Volume: 24
Year: 2017
Month: 5
X-DOI: 10.1080/09672567.2016.1186204
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1186204
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Template-Type: ReDIF-Article 1.0
Author-Name: Pedro Nuno Teixeira
Author-X-Name-First: Pedro Nuno
Author-X-Name-Last: Teixeira
Title: Economic beliefs and institutional politics: Human capital theory and the changing views of the World Bank about education (1950–1985)
Abstract: 
 One of the main characteristics of economic policy-making in the postwar period was the rise of international agencies and their influence in setting the agenda in various policy aspects. Education was one of the areas that became very important to the activity of international agencies. This article analyses the changing views about education of the World Bank, from the late forties to the mid-eighties, and the way its priorities and approach to education were moulded by the dissemination of human capital theory. The analysis will emphasise the difficulties faced to the diffusion of this approach in a context largely favourable and dominated by manpower planning and different policy views about education, providing an interesting example about the complexities of the dissemination of economic ideas within international organisations.
Journal: The European Journal of the History of Economic Thought
Pages: 465-492
Issue: 3
Volume: 24
Year: 2017
Month: 5
X-DOI: 10.1080/09672567.2016.1186205
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1186205
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:3:p:465-492




Template-Type: ReDIF-Article 1.0
Author-Name: Antoine Missemer
Author-X-Name-First: Antoine
Author-X-Name-Last: Missemer
Title: Nicholas Georgescu-Roegen and degrowth
Abstract: 
 As a peculiar economist of the twentieth century, Nicholas Georgescu-Roegen gave birth to many controversies. Since the 1970s, in particular in the French language literature, Georgescu-Roegen's ecological claim has often been considered as a promotion of degrowth. In this paper, I challenge this usual interpretation. I conclude that Georgescu-Roegen might be a source of inspiration for degrowth defenders only in a very narrow sense. A cautious reading of his bioeconomic paradigm shows that Georgescu-Roegen's stance was different from the growth/degrowth debate, and might be more accurately linked with an “agrowth” option.
Journal: The European Journal of the History of Economic Thought
Pages: 493-506
Issue: 3
Volume: 24
Year: 2017
Month: 5
X-DOI: 10.1080/09672567.2016.1189945
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1189945
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Template-Type: ReDIF-Article 1.0
Author-Name: D. Wade Hands
Author-X-Name-First: D. Wade
Author-X-Name-Last: Hands
Title: The road to rationalisation: A history of “Where the Empirical Lives” (or has lived) in consumer choice theory
Abstract: 
 This paper examines the different ways that economists have characterised the empirical content of modern consumer choice theory. There has been general agreement among economists that each stage in the development of the theory has been associated with an improvement in the theory's empirical content, and yet there has been no agreement about what exactly the empirical content of consumer choice theory is at any stage in the process. I call this the problem of observational ambiguity. The paper historically documents this problem, links it to various theoretical developments, and relates it to debates in contemporary economic theory.
Journal: The European Journal of the History of Economic Thought
Pages: 555-588
Issue: 3
Volume: 24
Year: 2017
Month: 5
X-DOI: 10.1080/09672567.2016.1260148
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1260148
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:3:p:555-588




Template-Type: ReDIF-Article 1.0
Author-Name: Birsen Filip
Author-X-Name-First: Birsen
Author-X-Name-Last: Filip
Title: The German Historical School and European Economic Thought, by José Luís Cardoso, Michalis Psalidopoulos (ed.)
Journal: The European Journal of the History of Economic Thought
Pages: 599-602
Issue: 3
Volume: 24
Year: 2017
Month: 5
X-DOI: 10.1080/09672567.2017.1305049
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1305049
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:3:p:599-602




Template-Type: ReDIF-Article 1.0
Author-Name: Charles Goodhart
Author-X-Name-First: Charles
Author-X-Name-Last: Goodhart
Title: Architects of the Euro: Intellectuals in the Making of European Monetary Union, edited by Kenneth Dyson and Ivo Maes/The Euro and the Battle of Ideas, by Markus Brunnermeier, Harold James and Jean-Pierre Landau
Journal: The European Journal of the History of Economic Thought
Pages: 606-611
Issue: 3
Volume: 24
Year: 2017
Month: 5
X-DOI: 10.1080/09672567.2017.1305050
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1305050
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:3:p:606-611




Template-Type: ReDIF-Article 1.0
Author-Name: Thomas Hopkins
Author-X-Name-First: Thomas
Author-X-Name-Last: Hopkins
Title: Écrits d ′économie politique, 1816–1842, Œuvres Économiques Complètes vol. IV; Nouveaux principes d′économie politique, ou de la richesse dans ses rapports avec la population, Œuvres Économiques Complètes vol. V, by J.C.L. Simonde de Sismondi, edited by P. Bridel, F. Dal Degan and N. Eyguesier
Journal: The European Journal of the History of Economic Thought
Pages: 597-599
Issue: 3
Volume: 24
Year: 2017
Month: 5
X-DOI: 10.1080/09672567.2017.1305141
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1305141
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:3:p:597-599




Template-Type: ReDIF-Article 1.0
Author-Name: Roger Middleton
Author-X-Name-First: Roger
Author-X-Name-Last: Middleton
Title: Macroeconomics and the Phillips Curve Myth, by James Forder
Journal: The European Journal of the History of Economic Thought
Pages: 591-597
Issue: 3
Volume: 24
Year: 2017
Month: 5
X-DOI: 10.1080/09672567.2017.1305142
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1305142
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:3:p:591-597




Template-Type: ReDIF-Article 1.0
Author-Name: Georgios Varouxakis
Author-X-Name-First: Georgios
Author-X-Name-Last: Varouxakis
Title: Journal and Notebooks of a Year in France May 1820 - July 1821: A Complete Edition with a Facsimile Reprint of the Rediscovered Notebook of John Stuart Mill in Kwansei Gakuin University and Transcribed Text, Annotation and Comparative Studies, by J. S. Mill's
Journal: The European Journal of the History of Economic Thought
Pages: 589-591
Issue: 3
Volume: 24
Year: 2017
Month: 5
X-DOI: 10.1080/09672567.2017.1305143
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1305143
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:3:p:589-591




Template-Type: ReDIF-Article 1.0
Author-Name: Roger E. Backhouse
Author-X-Name-First: Roger E.
Author-X-Name-Last: Backhouse
Title: Economic Thought: A Brief History, by Heinz D. Kurz, translated by Jeremiah Reiner/A Brief History of Political Economy: Tales of Marx, Keynes and Hayek, by Lars Magnusson and Bo Stråth
Journal: The European Journal of the History of Economic Thought
Pages: 603-606
Issue: 3
Volume: 24
Year: 2017
Month: 5
X-DOI: 10.1080/09672567.2017.1305408
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1305408
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:3:p:603-606




Template-Type: ReDIF-Article 1.0
Author-Name: Agnar Sandmo
Author-X-Name-First: Agnar
Author-X-Name-Last: Sandmo
Title: Tony Atkinson 1944–2017: A lifetime commitment to the study of inequality
Journal: The European Journal of the History of Economic Thought
Pages: 612-623
Issue: 3
Volume: 24
Year: 2017
Month: 5
X-DOI: 10.1080/09672567.2017.1307628
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1307628
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Template-Type: ReDIF-Article 1.0
Author-Name: Ariel Dvoskin
Author-X-Name-First: Ariel
Author-X-Name-Last: Dvoskin
Author-Name: Saverio M. Fratini
Author-X-Name-First: Saverio M.
Author-X-Name-Last: Fratini
Title: On the Samuelson–Etula Master Function and the capital controversy
Abstract: 
 The paper addresses the ambiguity that surrounds the conception of capital and its role in neoclassical price-and-distribution theory. The difficulties encountered in the various attempts to define the marginal product either of capital or of a capital good are recalled and the conclusion is drawn that neither concept appears theoretically sound. This historical reconstruction is combined with critical discussion of the recent attempt by Paul Samuelson to determine income distribution by means of the “Master Function”, a device previously developed and presented by Samuelson himself with Erkko Etula, and its “non-neoclassical” marginal products. Rather than the existence of a continuum of alternative technical possibilities, this construction assumes the simultaneous use of a discrete number of methods of production for the same commodity. Even though each technique employs the inputs in fixed proportions, the coexistence of various techniques permits the full employment of an arbitrarily given vector of input endowments. As is shown here, however, the coexistence of methods required for the differentiability of the Master Function can take place, if heterogenous capital goods are used in production, neither in the case with stationary relative prices nor in the non-stationary Arrow–Debreu framework.
Journal: The European Journal of the History of Economic Thought
Pages: 1032-1058
Issue: 6
Volume: 23
Year: 2016
Month: 11
X-DOI: 10.1080/09672567.2016.1186920
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1186920
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Template-Type: ReDIF-Article 1.0
Author-Name: Roger E. Backhouse
Author-X-Name-First: Roger E.
Author-X-Name-Last: Backhouse
Author-Name: Mauro Boianovsky
Author-X-Name-First: Mauro
Author-X-Name-Last: Boianovsky
Title: Secular stagnation: The history of a macroeconomic heresy
Abstract: 
 The paper presents a history of the concept of “secular stagnation”, from Alvin Hansen in the 1930s and 1940s to its recent revival by Larry Summers. We examine Hansen's ideas and those of young economists associated with him, notably Evsey Domar, Everett Hagen, Benjamin Higgins, Alan Sweezy, and Paul Samuelson, who were the economists who kept the doctrine alive in the 1950s and to whom Summers and others taking up the idea recently turned. Their ideas are contrasted with the theories of stagnation associated with Josef Steindl and Joseph Schumpeter. It is a label for a historical thesis about the American economy, which, initially seen as distinct from Keynes General Theory, came to be seen as a theoretical proposition based on Keynesian theory. It is argued that the idea of secular stagnation had a political dimension, connected to the New Deal and the Cold War and changing conceptions of economic maturity.
Journal: The European Journal of the History of Economic Thought
Pages: 946-970
Issue: 6
Volume: 23
Year: 2016
Month: 11
X-DOI: 10.1080/09672567.2016.1192842
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1192842
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Template-Type: ReDIF-Article 1.0
Author-Name: Wilfried Parys
Author-X-Name-First: Wilfried
Author-X-Name-Last: Parys
Title: The interaction between Leontief and Sraffa: No meeting, no citation, no attention?
Abstract: 
 Samuelson often regretted that Leontief and Sraffa never cited each other (true), and seemed to pay no attention to the other's work (false). In the Foley interview Leontief suggested he never met Sraffa (false). Archival evidence shows that in the 1940s Sraffa studied Leontief's classic The Structure of American Economy; he also owned the rare mimeographed supplement, and did some calculations on Leontief's first input–output table. Leontief and Sraffa met in Cambridge (UK) in 1950 and later. In the 1980s Leontief wrote an ambitious empirical paper on technological change, rejected by the AER, and not widely read. It studied some Sraffian topics without Sraffian terminology. I construct a hypothetical reswitching example using Leontief's statistics.
Journal: The European Journal of the History of Economic Thought
Pages: 971-1000
Issue: 6
Volume: 23
Year: 2016
Month: 11
X-DOI: 10.1080/09672567.2016.1201958
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1201958
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Template-Type: ReDIF-Article 1.0
Author-Name: Janette Rutterford
Author-X-Name-First: Janette
Author-X-Name-Last: Rutterford
Author-Name: Dimitris P. Sotiropoulos
Author-X-Name-First: Dimitris P.
Author-X-Name-Last: Sotiropoulos
Title: Financial diversification before modern portfolio theory: UK financial advice documents in the late nineteenth and the beginning of the twentieth century
Abstract: 
 The paper offers textual evidence from a series of financial advice documents in the late nineteenth century and the early twentieth century of how UK investors perceived of and managed risk. In the world's largest financial centre of the time, UK investors were familiar with the concept of correlation and financial advisers’ suggestions were consistent with the recommendations of modern portfolio theory in relation to portfolio selection strategies. From the 1870s, there was an increased awareness of the benefits of financial diversification – primarily putting equal amounts into a number of different securities – with much of the emphasis being on geographical rather than sectoral diversification and some discussion of avoiding highly correlated investments. Investors in the past were not so naïve as mainstream financial discussions suggest today.
Journal: The European Journal of the History of Economic Thought
Pages: 919-945
Issue: 6
Volume: 23
Year: 2016
Month: 11
X-DOI: 10.1080/09672567.2016.1203968
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1203968
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Template-Type: ReDIF-Article 1.0
Author-Name: Anthony Howe
Author-X-Name-First: Anthony
Author-X-Name-Last: Howe
Title: State versus market in the early historiography of the industrial revolution in Britain c.1890–1914
Abstract: 
 This article reveals how the emerging historiography of industrialisation in Britain moulded a lasting division between two explanations of its origins, one emphasising discontinuity, individual enterprise, and free markets, the other evolutionary change, the role of the state and the importance of empire. Both views were historically informed but led in contrary directions in the highly polarised politics of early twentieth-century Britain, the former linked to support for free trade and liberalism as the basis of economic welfare, the latter to support for Conservative tariff reform and imperial reconstruction.
Journal: The European Journal of the History of Economic Thought
Pages: 897-918
Issue: 6
Volume: 23
Year: 2016
Month: 11
X-DOI: 10.1080/09672567.2016.1211158
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1211158
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Template-Type: ReDIF-Article 1.0
Author-Name: Anders Ögren
Author-X-Name-First: Anders
Author-X-Name-Last: Ögren
Title: A neglected contribution to monetary theory in the eighteenth century: Anders Wappengren on paper money, floating exchange rates, and purchasing power parity
Abstract: 
 Between 1789 and 1803 the National Debt Office issued unbacked interest bearing notes whereas the Bank of Sweden issued silver backed notes. The massive note issuance by the National Debt Office led to different exchange rates and two units of account. The situation gave rise to an early paper standard theory formulated by Anders Wappengren, a well-read merchant who was strongly influenced by Adam Smith and the French physiocrats. Wappengren had a firm understanding of monetary systems and the adjustment mechanism under floating exchange rates, including such concepts as purchasing power parity and price stickiness.
Journal: The European Journal of the History of Economic Thought
Pages: 870-896
Issue: 6
Volume: 23
Year: 2016
Month: 11
X-DOI: 10.1080/09672567.2016.1234148
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1234148
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Template-Type: ReDIF-Article 1.0
Author-Name: Sylvie Rivot
Author-X-Name-First: Sylvie
Author-X-Name-Last: Rivot
Title: Patinkin as a reader of Keynes’ : Are wage cuts a good remedy to unemployment?
Abstract: 
 This paper analyses Patinkin's appraisal of Keynes’ concept of involuntary unemployment while focusing on his reading of the General Theory Chapter 19. On several critical issues, Patinkin departs from Keynes’ original matters of concerns. He leans against an individual criterion for unemployment and implicitly endorses Wicksell's understanding of voluntary unemployment as chosen leisure. His appraisal of involuntary unemployment as a disequilibrium phenomenon ultimately relies on nominal rigidities and assumes the existence of a competitive adjustment process. On all these three critical points, Patinkin departs from Keynes but also initiates the contemporary New Keynesian programme that went even further from Keynes.
Journal: The European Journal of the History of Economic Thought
Pages: 1001-1031
Issue: 6
Volume: 23
Year: 2016
Month: 11
X-DOI: 10.1080/09672567.2016.1235322
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1235322
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Template-Type: ReDIF-Article 1.0
Author-Name: José Luís Cardoso
Author-X-Name-First: José Luís
Author-X-Name-Last: Cardoso
Author-Name: Antonella Stirati
Author-X-Name-First: Antonella
Author-X-Name-Last: Stirati
Author-Name: Hans-Michael Trautwein
Author-X-Name-First: Hans-Michael
Author-X-Name-Last: Trautwein
Title: Introduction
Journal: The European Journal of the History of Economic Thought
Pages: 867-869
Issue: 6
Volume: 23
Year: 2016
Month: 11
X-DOI: 10.1080/09672567.2016.1250417
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1250417
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Template-Type: ReDIF-Article 1.0
Author-Name: The Editors
Title: Editorial Board
Journal: The European Journal of the History of Economic Thought
Pages: ebi-ebi
Issue: 6
Volume: 23
Year: 2016
Month: 11
X-DOI: 10.1080/09672567.2016.1262493
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1262493
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Template-Type: ReDIF-Article 1.0
Author-Name: Leanne J. Ussher
Author-X-Name-First: Leanne J.
Author-X-Name-Last: Ussher
Author-Name: Armin Haas
Author-X-Name-First: Armin
Author-X-Name-Last: Haas
Author-Name: Klaus Töpfer
Author-X-Name-First: Klaus
Author-X-Name-Last: Töpfer
Author-Name: Carlo C. Jaeger
Author-X-Name-First: Carlo C.
Author-X-Name-Last: Jaeger
Title: Keynes and the international monetary system: Time for a tabular standard?
Abstract: 
 This paper discusses proposals for tabular standards in the late nineteenth and early twentieth centuries. In particular, we focus on Keynes’ proposal for an international tabular standard (ITS) as the gold standard unravelled in the 1930s. The paper explains the origins of Keynes’ ITS proposal which pegged the value of an international reserve to a broad index of primary commodities, weighted in terms of their value in world production. We argue that the ITS should be viewed as an important and enduring component of Keynes’ ideal long-run vision for anchoring the international monetary system, even post-Bretton Woods.
Journal: The European Journal of the History of Economic Thought
Pages: 1-35
Issue: 1
Volume: 25
Year: 2018
Month: 1
X-DOI: 10.1080/09672567.2017.1365093
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1365093
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Template-Type: ReDIF-Article 1.0
Author-Name: Ludovic Ragni
Author-X-Name-First: Ludovic
Author-X-Name-Last: Ragni
Title: Applying mathematics to economics according to Cournot and Walras
Abstract: 
 This article examines the reasons that led Cournot to refuse Walras's request that he writes an article defending mathematical economics. From a reading of Cournot's works on philosophy and economics we show three reasons which explain the Cournot's refusal. First, Cournot does not attach the same importance to the theorems proposed by Walras. Second, these theorems enable Walras to defend an economic system that he considers to be truer than any other while Cournot believed that the economy could be subject to various forms of mathematical representations. Third, Cournot does not refer to the same conception of mathematics of Walras.
Journal: The European Journal of the History of Economic Thought
Pages: 73-105
Issue: 1
Volume: 25
Year: 2018
Month: 1
X-DOI: 10.1080/09672567.2017.1415947
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1415947
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Template-Type: ReDIF-Article 1.0
Author-Name: Pedro Teixeira
Author-X-Name-First: Pedro
Author-X-Name-Last: Teixeira
Title: Conquering or mapping? Textbooks and the dissemination of human capital theory in applied economics
Abstract: 
 Textbooks are an important subject for the study of science in general and economics in particular. In this paper, we analyse at the process of the acceptance of human capital theory through its inclusion in economics textbooks by looking at two specialized fields to which this theory became highly influential: labour economics and the economics of education. The analysis will compare the patterns of the dissemination of these new theoretical developments in a more consolidated field and in an emergent field of economics research with a particular focus in the early stages of that dissemination process.
Journal: The European Journal of the History of Economic Thought
Pages: 106-133
Issue: 1
Volume: 25
Year: 2018
Month: 1
X-DOI: 10.1080/09672567.2017.1415948
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1415948
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Template-Type: ReDIF-Article 1.0
Author-Name: Jean-Sébastien Lenfant
Author-X-Name-First: Jean-Sébastien
Author-X-Name-Last: Lenfant
Title: Probabilising the consumer: Georgescu-Roegen, Marschak and Quandt on the modelling of the consumer in the 1950s
Abstract: 
 It is the purpose of this article to confront three attempts by economists at developing models of individual choice that go beyond standard ordinalist utility theory through introducing principles of probabilistic behaviour. We discuss first Georgescu-Roegen's neglected contributions to this subject, though he pioneered the definition of probabilistic preference in 1936 and came back on the subject intensively in the 1950s. We then present Marschak's (and his co-authors) attempts at axiomatising a probabilistic model of choice in the same period. The third contribution studied is that of Quandt, who provides a more operational style of modelling. This set of contributions is discussed against a general background of transformations of the theory of rational behaviour and of the methods proper to it.
Journal: The European Journal of the History of Economic Thought
Pages: 36-72
Issue: 1
Volume: 25
Year: 2018
Month: 1
X-DOI: 10.1080/09672567.2017.1415949
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1415949
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Template-Type: ReDIF-Article 1.0
Author-Name: Katia Caldari
Author-X-Name-First: Katia
Author-X-Name-Last: Caldari
Title: Alfred Marshall and François Perroux: the neglected liaison
Abstract: 
 The richness François Perroux's economic theories have allowed the literature to highlight several connections between him and other authors. Among the names mentioned in the literature, one economist is conspicuous by his absence: Alfred Marshall. However, the relations between Marshall and Perroux are manifold and are far from accidental: not only because Perroux was a careful reader of Marshall but also and moreover because they both have an important common ground, which affected their perspectives. The main aim of this paper is to inquire into the aspects that characterise Marshall's and Perroux's approaches, stressing their affinities and underlining their common roots.
Journal: The European Journal of the History of Economic Thought
Pages: 134-174
Issue: 1
Volume: 25
Year: 2018
Month: 1
X-DOI: 10.1080/09672567.2017.1421678
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1421678
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Template-Type: ReDIF-Article 1.0
Author-Name: Keith Tribe
Author-X-Name-First: Keith
Author-X-Name-Last: Tribe
Title: Donald Winch 1935–2017
Journal: The European Journal of the History of Economic Thought
Pages: 196-201
Issue: 1
Volume: 25
Year: 2018
Month: 1
X-DOI: 10.1080/09672567.2018.1424107
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1424107
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Template-Type: ReDIF-Article 1.0
Author-Name: Christian Gehrke
Author-X-Name-First: Christian
Author-X-Name-Last: Gehrke
Title: Greatness and illusion, by Karl Marx, Gareth Stedman Jones
Journal: The European Journal of the History of Economic Thought
Pages: 185-190
Issue: 1
Volume: 25
Year: 2018
Month: 1
X-DOI: 10.1080/09672567.2018.1424133
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1424133
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:1:p:185-190




Template-Type: ReDIF-Article 1.0
Author-Name: Daniela Donnini Macciò
Author-X-Name-First: Daniela
Author-X-Name-Last: Donnini Macciò
Title: The political economy of progress: John Stuart Mill and modern radicalism (Oxford studies in the history of economics), by Joseph Persky
Journal: The European Journal of the History of Economic Thought
Pages: 193-195
Issue: 1
Volume: 25
Year: 2018
Month: 1
X-DOI: 10.1080/09672567.2018.1424144
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1424144
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:1:p:193-195




Template-Type: ReDIF-Article 1.0
Author-Name: Ylva Hasselberg
Author-X-Name-First: Ylva
Author-X-Name-Last: Hasselberg
Title: The Nobel factor. The prize in economics, social democracy and the market turn, by Avner Offer and Gabriel Söderberg
Journal: The European Journal of the History of Economic Thought
Pages: 182-184
Issue: 1
Volume: 25
Year: 2018
Month: 1
X-DOI: 10.1080/09672567.2018.1424177
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1424177
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:1:p:182-184




Template-Type: ReDIF-Article 1.0
Author-Name: G.C. Harcourt
Author-X-Name-First: G.C.
Author-X-Name-Last: Harcourt
Title: The economics of Joan Robinson, edited by Maria Cristina Marcuzzo, Luigi L. Pasinetti and Alessandro Roncaglia/Fighting market failure: collected essays in the Cambridge tradition of economics, by Maria Cristina Marcuzzo
Journal: The European Journal of the History of Economic Thought
Pages: 191-193
Issue: 1
Volume: 25
Year: 2018
Month: 1
X-DOI: 10.1080/09672567.2018.1424186
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1424186
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:1:p:191-193




Template-Type: ReDIF-Article 1.0
Author-Name: Harro Maas
Author-X-Name-First: Harro
Author-X-Name-Last: Maas
Author-Name: Cléo Chassonnery-Zaigouche
Author-X-Name-First: Cléo
Author-X-Name-Last: Chassonnery-Zaigouche
Title: Handbook on the history of economic analysis, edited by Gilbert Faccarello and Heinz D. Kurz
Journal: The European Journal of the History of Economic Thought
Pages: 175-182
Issue: 1
Volume: 25
Year: 2018
Month: 1
X-DOI: 10.1080/09672567.2018.1427285
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1427285
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:1:p:175-182




Template-Type: ReDIF-Article 1.0
Author-Name: Peter J. Boettke
Author-X-Name-First: Peter J.
Author-X-Name-Last: Boettke
Author-Name: Alain Marciano
Author-X-Name-First: Alain
Author-X-Name-Last: Marciano
Title: The distance between Buchanan's “An Economic Theory of Clubs” and Tiebout's “A Pure Theory of Local Public Expenditures”. New insights based on an unpublished manuscript
Abstract: 
 This article introduces Buchanan's comment on Tiebout's “A Pure Theory of Local Public Expenditures”. It helps us to understand the nature of the relationship between Buchanan and Tiebout. Usually, it is claimed that Buchanan modelled Tiebout's insights, that there exists a Buchanan-Tiebout hypothesis, and that Buchanan in 1965 complemented what Tiebout had written in 1956. We show that Buchanan could not have written “An Economic Theory of Clubs” as a complement of “A Pure Theory of Local Public Expenditures”. He disagreed with Tiebout's ideas on mobility because he saw mobility as a cause of inefficiencies and not a cause of homogeneity in groups. This is what we show by putting Buchanan's comment on Tiebout into historical perspective. It appears that Buchanan interpreted Tiebout 1956 from the perspective of his works on fiscal federalism from the early 1950s. We show that there is a continuity between Buchanan's work from the early 1950s and his works in the early 1970s; and Buchanan's way of reading Tiebout is part of it. Hence, when he wrote “An Economic Theory of Clubs”, Buchanan was convinced that Tiebout was wrong and that he was offering an alternative framework for public economics.
Journal: The European Journal of the History of Economic Thought
Pages: 205-237
Issue: 2
Volume: 24
Year: 2017
Month: 3
X-DOI: 10.1080/09672567.2016.1168464
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1168464
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:2:p:205-237




Template-Type: ReDIF-Article 1.0
Author-Name: Till Düppe
Author-X-Name-First: Till
Author-X-Name-Last: Düppe
Title: How modern economics learned French: Jacques Drèze and the foundation of CORE
Abstract: 
 The Center of Operations Research and Econometrics (CORE), founded in 1966, was one of the channels through which economic modelling practices were imported from the USA to Europe. Officially modelled after the Cowles Foundation for Economics Research, it reflected Jacques Drèze's broad experiences in the USA during the 1950s when modelling techniques were not yet anchored in disciplines. CORE gained an international reputation, however, through the rather exclusive community of Neo-Walrasian economists represented by Werner Hildenbrand, Jean Gabszewicz, and Gérard Debreu. After this community modified the disciplinary divisions at CORE, the influence of CORE on continental economics occurred mainly through disequilibrium economics, which still represents a “French accent” in modern macroeconomics. At the same time, operations research and econometrics prospered at CORE while receiving scant attention from economists. This essay tells the story of how CORE changed continental economics through the unique career path of its founder, Jacques Drèze.
Journal: The European Journal of the History of Economic Thought
Pages: 238-273
Issue: 2
Volume: 24
Year: 2017
Month: 3
X-DOI: 10.1080/09672567.2016.1168465
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1168465
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:2:p:238-273




Template-Type: ReDIF-Article 1.0
Author-Name: Rogério Arthmar
Author-X-Name-First: Rogério
Author-X-Name-Last: Arthmar
Author-Name: Michael McLure
Author-X-Name-First: Michael
Author-X-Name-Last: McLure
Title: Pigou, Del Vecchio, and Sraffa: the 1955 International “Antonio Feltrinelli” Prize for the Economic and Social Sciences
Abstract: 
 In 1955, the Accademia Nazionale dei Lincei awarded the inaugural International “Feltrinelli” Prize for the Economic and Social Sciences to Arthur Cecil Pigou. This paper considers Gustavo Del Vecchio's active role on the selection committee in recommending Pigou for the Feltrinelli Prize and the related correspondence between Pigou, Piero Sraffa, and Del Vecchio. One of the most significant discovery reported in this paper is Sraffa's contention, expressed in an unpublished letter to Del Vecchio, that Pigou had “never been honoured in proportion to his merits.”
Journal: The European Journal of the History of Economic Thought
Pages: 274-286
Issue: 2
Volume: 24
Year: 2017
Month: 3
X-DOI: 10.1080/09672567.2016.1168860
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1168860
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:2:p:274-286




Template-Type: ReDIF-Article 1.0
Author-Name: Nathalie Berta
Author-X-Name-First: Nathalie
Author-X-Name-Last: Berta
Title: On the definition of externality as a missing market
Abstract: 
 Within the general equilibrium framework, externalities are regarded as missing markets which invalidate the first theorem of welfare economics. As witnessed by some authors’ positions in the 1970s, this definition does not highlight whether or not it is an exogenous and an unintended effect. These ambiguities raise the issue of the relation between the basic formalisation of an externality (a dependence of individual objective functions) and its economic meaning (a missing market). Finally, they also raise the more general issue of the dilution of externality in the larger notion of individual interaction.
Journal: The European Journal of the History of Economic Thought
Pages: 287-318
Issue: 2
Volume: 24
Year: 2017
Month: 3
X-DOI: 10.1080/09672567.2016.1169304
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1169304
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:2:p:287-318




Template-Type: ReDIF-Article 1.0
Author-Name: Joseph Persky
Author-X-Name-First: Joseph
Author-X-Name-Last: Persky
Title: Producer co-operatives in nineteenth-century British economic thought
Abstract: 
 Drawing on the popular radicalism of the day and his own development of the theory of the stationary state, John Stuart Mill had argued on normative and positive grounds that capitalist firms were transitional institutions and should/would evolve into producer co-operatives. In Britain, Mill's work set off a dialogue among mainstream economists. Contributors included Thornton, Fawcett, and Cairnes from Mill's “school,” as well as Jevons and Marshall who while sympathetic endorsed the less radical reform of profit sharing. Ironically, much of the socialist left, including Beatrice Potter (Webb), praised Mill's concerns, but rejected producer co-operatives in favour of nationalisation. By the early twentieth century, Mill's message resonated only with the guild socialists who kept the radical argument for producer co-operatives alive. The subtext of the paper is that modern liberals have too conveniently lost connection with this important history and its radical/liberal message of capitalism as a transitional mode.
Journal: The European Journal of the History of Economic Thought
Pages: 319-340
Issue: 2
Volume: 24
Year: 2017
Month: 3
X-DOI: 10.1080/09672567.2016.1169305
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1169305
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:2:p:319-340




Template-Type: ReDIF-Article 1.0
Author-Name: Abdallah Zouache
Author-X-Name-First: Abdallah
Author-X-Name-Last: Zouache
Title: Race, competition, and institutional change in J.R. Commons
Abstract: 
 This article examines the contribution of J.R. Commons to race relations, competition, and institutional change. One result of our study is that, in his analysis of institutional dynamics in the United States, Commons’ rejection of laissez-faire is derived from a racist analytical framework: the “superior races” should be protected from the “inferior races”. Another result is that Commons adopts a neo-Lamarckian framework which takes education as the basis for the assimilation of “inferior races”. This article then shows that policies often defended as progressives, as education policies, may be derived from racist foundations. The final remarks single out the ambiguous connection between race and culture revealed by Commons’ approach.
Journal: The European Journal of the History of Economic Thought
Pages: 341-368
Issue: 2
Volume: 24
Year: 2017
Month: 3
X-DOI: 10.1080/09672567.2016.1174279
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1174279
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:2:p:341-368




Template-Type: ReDIF-Article 1.0
Author-Name: Óscar Dejuán
Author-X-Name-First: Óscar
Author-X-Name-Last: Dejuán
Title: Hidden links in the warranted rate of growth: the supermultiplier way out
Abstract: 
 Post Keynesian models consider growth to be demand-led – a logical consequence of Keynes's principle of effective demand. After Harrod's seminal paper in 1939 they try to unearth the hidden variables that might allow the adaptation of the warranted rate, determined from the supply side, to demand-growth expectations that supposedly have an autonomous source. The purpose of this paper is to show that an investment function based on the accelerator and integrated in a supermultiplier is able to shape the warranted rate in consonance with the autonomous trend. The supermultiplier reveals itself as a stable and stabilising mechanism when demand is split into permanent and transient. Hopefully the paper will build bridges with other Keynesian, Kaleckian and Sraffian strands that have so far dismissed the supermultiplier solution because of its apparently inherent instability.
Journal: The European Journal of the History of Economic Thought
Pages: 369-394
Issue: 2
Volume: 24
Year: 2017
Month: 3
X-DOI: 10.1080/09672567.2016.1186201
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1186201
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:2:p:369-394




Template-Type: ReDIF-Article 1.0
Author-Name: Roger Middleton
Author-X-Name-First: Roger
Author-X-Name-Last: Middleton
Title: The Economy of the Word: Language, History and Economics, by Keith Tribe
Journal: The European Journal of the History of Economic Thought
Pages: 395-399
Issue: 2
Volume: 24
Year: 2017
Month: 3
X-DOI: 10.1080/09672567.2017.1285109
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1285109
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:2:p:395-399




Template-Type: ReDIF-Article 1.0
Author-Name: Roman Köster
Author-X-Name-First: Roman
Author-X-Name-Last: Köster
Title: Ökonomische Theoriegeschichte im zeithistorischen Kontext. Ausgewählte Aufsätze, by Heinz Rieter, edited by Elisabeth Allgöwer, Carsten Kasprzok, and Joachim Zweynert
Journal: The European Journal of the History of Economic Thought
Pages: 402-403
Issue: 2
Volume: 24
Year: 2017
Month: 3
X-DOI: 10.1080/09672567.2017.1285117
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1285117
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:2:p:402-403




Template-Type: ReDIF-Article 1.0
Author-Name: Paolo Scapparone
Author-X-Name-First: Paolo
Author-X-Name-Last: Scapparone
Title: , A Critical and Variorum, edited by Vilfredo Pareto
Journal: The European Journal of the History of Economic Thought
Pages: 399-402
Issue: 2
Volume: 24
Year: 2017
Month: 3
X-DOI: 10.1080/09672567.2017.1285118
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1285118
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:2:p:399-402




Template-Type: ReDIF-Article 1.0
Author-Name: Richard Whatmore
Author-X-Name-First: Richard
Author-X-Name-Last: Whatmore
Title: Calcul et morale. Coûts de l'esclavage et valeur de l’émancipation (XVIII-XIX siècle), by Caroline Oudin-Bastide and Philippe Steiner
Journal: The European Journal of the History of Economic Thought
Pages: 406-408
Issue: 2
Volume: 24
Year: 2017
Month: 3
X-DOI: 10.1080/09672567.2017.1285119
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1285119
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:2:p:406-408




Template-Type: ReDIF-Article 1.0
Author-Name: Philippe van Basshuysen
Author-X-Name-First: Philippe
Author-X-Name-Last: van Basshuysen
Title: The World the Game Theorists Made, by Paul Erickson
Journal: The European Journal of the History of Economic Thought
Pages: 403-406
Issue: 2
Volume: 24
Year: 2017
Month: 3
X-DOI: 10.1080/09672567.2017.1285121
File-URL: http://hdl.handle.net/10.1080/09672567.2017.1285121
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:2:p:403-406




Template-Type: ReDIF-Article 1.0
Author-Name: Muriel Dal Pont Legrand
Author-X-Name-First: Muriel
Author-X-Name-Last: Dal Pont Legrand
Author-Name: Hans-Michael Trautwein
Author-X-Name-First: Hans-Michael
Author-X-Name-Last: Trautwein
Author-Name: Estrella Trincado
Author-X-Name-First: Estrella
Author-X-Name-Last: Trincado
Title: Introduction to the special issue devoted to the 2018 ESHET conference at Madrid
Journal: The European Journal of the History of Economic Thought
Pages: 1081-1083
Issue: 6
Volume: 26
Year: 2019
Month: 11
X-DOI: 10.1080/09672567.2019.1681751
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1681751
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Template-Type: ReDIF-Article 1.0
Author-Name: André Lapidus
Author-X-Name-First: André
Author-X-Name-Last: Lapidus
Title: Bringing them alive
Abstract: 
 This paper continues an ongoing reflection on the ways we do the history of economic thought, marked some decades ago by Mark Blaug. It offers a non-canonical typology comprising three alternative approaches, distinguished on the basis of the way they conceive of the link between statements, old and contemporary: the extensive, the retrospective, and the intensive approaches. It shows that the latter potentially challenges contemporary knowledge by introducing statements which do not belong to it. Despite its being a heuristic, it appears as a privileged route by which the history of economic thought can begin to engage with economic theory.
Journal: The European Journal of the History of Economic Thought
Pages: 1084-1106
Issue: 6
Volume: 26
Year: 2019
Month: 11
X-DOI: 10.1080/09672567.2019.1682022
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1682022
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Handle: RePEc:taf:eujhet:v:26:y:2019:i:6:p:1084-1106




Template-Type: ReDIF-Article 1.0
Author-Name: Richard van den Berg
Author-X-Name-First: Richard
Author-X-Name-Last: van den Berg
Title: Circular reasoning. Forbonnais and the intricate history of circular flow analysis in the 1750s
Abstract: 
 Circular flow analysis in mid-18th century France is normally associated with the writings of François Quesnay. From the early 1750 s, however, François Véron de Forbonnais developed a distinct theory of circulation in then well-known contributions to the Encyclopédie and his Elémens du commerce of 1754. This article argues that like Quesnay, Forbonnais was in part inspired by Cantillon’s Essay on the Nature of Trade in General. But while Quesnay gave original developments to the real aspects of Cantillon’’s analysis of circulation, Forbonnais focussed on developing monetary aspects, including arguments for the ‘non-neutrality’ of money and an original theory of the money interest rate.
Journal: The European Journal of the History of Economic Thought
Pages: 1107-1152
Issue: 6
Volume: 26
Year: 2019
Month: 11
X-DOI: 10.1080/09672567.2019.1635180
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1635180
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Template-Type: ReDIF-Article 1.0
Author-Name: Stefano Fiori
Author-X-Name-First: Stefano
Author-X-Name-Last: Fiori
Title: Nature and labour: theoretical approaches and metaphors of wealth before Adam Smith
Abstract: 
 In the seventeenth century and the early decades of the eighteenth, there occurred a conceptual reversal regarding the relationship between land and labour as agents of production of wealth. Authors of the seventeenth century attributed to labour – as “form” and “father” – a fundamental role in producing wealth, and they considered land as “matter” and “mother”, while Physiocrats attributed reproductive capacity only to land, and viewed labour as either mere support of nature or “sterile” transformative activity. These conceptions about the formation of wealth emerged not only from theoretical analyses but also from metaphors which had an important role in providing preliminary conceptual frameworks.
Journal: The European Journal of the History of Economic Thought
Pages: 1153-1186
Issue: 6
Volume: 26
Year: 2019
Month: 11
X-DOI: 10.1080/09672567.2019.1682024
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1682024
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Handle: RePEc:taf:eujhet:v:26:y:2019:i:6:p:1153-1186




Template-Type: ReDIF-Article 1.0
Author-Name: Jimena Hurtado
Author-X-Name-First: Jimena
Author-X-Name-Last: Hurtado
Title: Adam Smith and Alexis de Tocqueville on the division of labour*
Abstract: 
 Adam Smith and Alexis de Tocqueville dealt with the division of labour as a characteristic feature of commercial society. There are connections and similarities between the two-sided understanding they both had of the division of labour. One of these coincidences is their assessment of the effects it has, jointly with the extension of the market, that points to the vulnerability of the labouring poor. Exploring this coincidence brings light to their understanding of the social consequences of the market and the possible solutions they propose.
Journal: The European Journal of the History of Economic Thought
Pages: 1187-1211
Issue: 6
Volume: 26
Year: 2019
Month: 11
X-DOI: 10.1080/09672567.2019.1635182
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1635182
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Handle: RePEc:taf:eujhet:v:26:y:2019:i:6:p:1187-1211




Template-Type: ReDIF-Article 1.0
Author-Name: Virginie Gouverneur
Author-X-Name-First: Virginie
Author-X-Name-Last: Gouverneur
Title: John Stuart Mill on wage inequalities between men and women
Abstract: 
 Mill proposes an analysis of women’s low wages in a paragraph of Principles of Political Economy. The paper’s purpose is to confront this analysis with his conception of justice, rooted in his utilitarianism. Mill’s attachment to justice arises in a particular context, as the result of various intellectual influences. On the one hand, it underlies his concern for the situation of women on the labour market and his insistence on the role played by custom and laws in wage differences between men and women. On the other hand, the shortcomings of Mill’s analysis appear consistent with his vision of equal justice and freedom for women.
Journal: The European Journal of the History of Economic Thought
Pages: 1212-1251
Issue: 6
Volume: 26
Year: 2019
Month: 11
X-DOI: 10.1080/09672567.2019.1652333
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1652333
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Handle: RePEc:taf:eujhet:v:26:y:2019:i:6:p:1212-1251




Template-Type: ReDIF-Article 1.0
Author-Name: Philippe Steiner
Author-X-Name-First: Philippe
Author-X-Name-Last: Steiner
Title: Altruism, sociology and the history of economic thought
Abstract: 
 This paper is organized in three stages. In the first part, I outline the evolution of the notion of altruism with its critical dimension of political economy by following the intellectual sequence from Auguste Comte to Pierre Bourdieu, through Emile Durkheim and Marcel Mauss. In the second, I consider the forms of transaction to which these sociologists report altruism and its derivatives. In the last section, I examine recent developments on altruism as a result of developments on performativity on the one hand and market design on the other.
Journal: The European Journal of the History of Economic Thought
Pages: 1252-1274
Issue: 6
Volume: 26
Year: 2019
Month: 11
X-DOI: 10.1080/09672567.2019.1670226
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1670226
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Handle: RePEc:taf:eujhet:v:26:y:2019:i:6:p:1252-1274




Template-Type: ReDIF-Article 1.0
Author-Name: Léon Guillot
Author-X-Name-First: Léon
Author-X-Name-Last: Guillot
Title: Widening Wicksell’s conception of political economy: his “thoroughly revolutionary programme”
Abstract: 
 Knut Wicksell’s opinion that political economy is a “thoroughly revolutionary programme” has often been neglected in the literature. Actually, Wicksell aimed at implementing such a programme in order to enlarge political economy as a “practical science”. It is articulated around three main features: a criticism of the marginal theories, the redefinition of society as a whole, and the advent of social justice. Indeed, Wicksell claimed that economic and social problems may be solved only by a complete social reorganisation. Hence, I show that Wicksell’s social reform programme drives his particular view of and approach to political economy.
Journal: The European Journal of the History of Economic Thought
Pages: 1275-1309
Issue: 6
Volume: 26
Year: 2019
Month: 11
X-DOI: 10.1080/09672567.2019.1635181
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1635181
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Handle: RePEc:taf:eujhet:v:26:y:2019:i:6:p:1275-1309




Template-Type: ReDIF-Article 1.0
Author-Name: Johannes Schmidt
Author-X-Name-First: Johannes
Author-X-Name-Last: Schmidt
Title: Balance Mechanics and Business Cycles
Abstract: 
 Many mainstream business cycle theories were not able to cope with the financial crisis theoretically. With his concept of balance mechanics, the German economist Wolfgang Stützel developed a framework for comparing different theories of business cycles which helps to understand the reasons for this inadequacy. This paper works out Stützel’s considerations and his four “model cases” of cycles more systematically and shows how the theories of the business cycle Stützel mentioned are related to theories discussed today. Modern business cycle theories did not cover all “model cases” and therefore had a blind spot.
Journal: The European Journal of the History of Economic Thought
Pages: 1310-1340
Issue: 6
Volume: 26
Year: 2019
Month: 11
X-DOI: 10.1080/09672567.2019.1682023
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1682023
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Handle: RePEc:taf:eujhet:v:26:y:2019:i:6:p:1310-1340




Template-Type: ReDIF-Article 1.0
Author-Name: Quentin Couix
Author-X-Name-First: Quentin
Author-X-Name-Last: Couix
Title: Natural resources in the theory of production: the Georgescu-Roegen/Daly versus Solow/Stiglitz controversy
Abstract: 
 This paper provides a theoretical and methodological account of an important controversy between neoclassical resource economics and ecological economics from the early 1970s to the end of the 1990s. It shows that the assumption of unbounded resource productivity in the work of Solow and Stiglitz–and the related concepts of substitution and technical progress–rest on a model-based methodology. On the other hand, Georgescu-Roegen’s assumption of thermodynamic limits to production, later revived by Daly, comes from a methodology of interdisciplinary consistency. I conclude that neither side provided a definitive proof of its own claim because both face important conceptual issues.
Journal: The European Journal of the History of Economic Thought
Pages: 1341-1378
Issue: 6
Volume: 26
Year: 2019
Month: 11
X-DOI: 10.1080/09672567.2019.1679210
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1679210
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Handle: RePEc:taf:eujhet:v:26:y:2019:i:6:p:1341-1378




Template-Type: ReDIF-Article 1.0
Author-Name: Milan Zafirovski
Author-X-Name-First: Milan
Author-X-Name-Last: Zafirovski
Title: The dark side of capitalism – in orthodox economics?
Abstract: 
 The article addresses the dark side of capitalism as an economic system, as identified and highlighted in orthodox, laissez-faire, including classical and neoclassical, economics. While orthodox economics is widely regarded as apologetic with respect to capitalism, still it to some extent recognizes or implies the latter’s dark side and therefore its duality and complexity in terms of its economic and other outcomes. The paper identifies and considers certain salient manifestations of this face of capitalism such as those in the market, in economic welfare, in economic structure and the distribution of wealth, and others. The overall finding is that even orthodox economics does not consider capitalism to be an absolute good and an immutable, eternal, and perfect economic system, and instead acknowledges and emphasizes its relative character in societal and historical terms and its various adverse dimensions and imperfections. The paper contributes to a better understanding of classical and neoclassical economics’ treatment of capitalism in relation to its conception within classical sociology.
Journal: The European Journal of the History of Economic Thought
Pages: 827-878
Issue: 5
Volume: 26
Year: 2019
Month: 9
X-DOI: 10.1080/09672567.2019.1609056
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1609056
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Template-Type: ReDIF-Article 1.0
Author-Name: N. Emrah Aydinonat
Author-X-Name-First: N. Emrah
Author-X-Name-Last: Aydinonat
Author-Name: Emin Köksal
Author-X-Name-First: Emin
Author-X-Name-Last: Köksal
Title: Explanatory value in context: the curious case of Hotelling’s location model
Abstract: 
 There is a striking contrast between the significance of Harold Hotelling’s contribution to industrial economics and the fact that his location model was invalid, unrealistic and non-robust. It is difficult to make sense of the explanatory value of Hotelling’s model based on philosophical accounts that emphasize logical validity, representational adequacy, and robustness as determinants of explanatory value. However, these accounts are misleading because they overlook the context within which the explanatory value added of a model is apprehensible. We present Hotelling’s model in its historical context and show why it is an important and explanatory model despite its apparent deficiencies.
Journal: The European Journal of the History of Economic Thought
Pages: 879-910
Issue: 5
Volume: 26
Year: 2019
Month: 9
X-DOI: 10.1080/09672567.2019.1626460
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1626460
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Handle: RePEc:taf:eujhet:v:26:y:2019:i:5:p:879-910




Template-Type: ReDIF-Article 1.0
Author-Name: Agnès Festré
Author-X-Name-First: Agnès
Author-X-Name-Last: Festré
Title: Hayek on expectations: the interplay between two complex systems
Abstract: 
 In this paper, we argue that Hayek’s approach to expectations can be better understood if one takes into account the interplay between two related complex evolving systems: the cognitive system and the system of behavioural rules of action. The interplay between these two systems involves both positive and negative feedback mechanisms so that an individual system of rules can produce higher order regularities that preserve their existence over time. Our contribution complements existing work on Hayek’s cognitive theory by providing insights on how Hayek’s approach to expectations can inform modern behavioural economics.
Journal: The European Journal of the History of Economic Thought
Pages: 911-941
Issue: 5
Volume: 26
Year: 2019
Month: 9
X-DOI: 10.1080/09672567.2019.1626464
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1626464
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Handle: RePEc:taf:eujhet:v:26:y:2019:i:5:p:911-941




Template-Type: ReDIF-Article 1.0
Author-Name: Stefan Kolev
Author-X-Name-First: Stefan
Author-X-Name-Last: Kolev
Title: The puzzles of a triumvir: Friedrich von Wieser as political economist and sociologist
Abstract: 
 This paper discusses the legacy of Austrian economist and economic sociologist Friedrich von Wieser (1851–1926) and shows a number of reasons why Wieser can be seen as an undeservedly underresearched scholar. His life and work are portrayed along five dimensions: the innovative social scientist (section 2); the erector of the Austrian School in its formative decades (section 3); the synthesiser of socio-economic ideas (section 4); the teacher to whom scientific credit has been granted unfairly seldom (section 5); the connector to contemporaneous paradigms of economic sociology, especially the ones of Max Weber and Vilfredo Pareto (section 6).
Journal: The European Journal of the History of Economic Thought
Pages: 942-972
Issue: 5
Volume: 26
Year: 2019
Month: 9
X-DOI: 10.1080/09672567.2019.1634749
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1634749
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Handle: RePEc:taf:eujhet:v:26:y:2019:i:5:p:942-972




Template-Type: ReDIF-Article 1.0
Author-Name: Katharina Friederike Sträter
Author-X-Name-First: Katharina Friederike
Author-X-Name-Last: Sträter
Title: Semi-normative theories of bounded rationality – back to German roots
Abstract: 
 The ascent of behavioral economics suggests reviving bounded rationality models that have so far been sidelined in neo-classical economics. Applications of aspiration-based satisficing to negotiations are a case in point. Background, core ideas and theoretical components of so-called Dynamic Aspiration Balance Theory (DABT) are re-introduced to show that DABT can account for bargaining behavior in terms of what has become known as fast and frugal heuristics. A revival of interest in so-called (semi-) normative theories that can be traced back to forerunners from the 1970s and 1980s may open up promising perspectives for future research.
Journal: The European Journal of the History of Economic Thought
Pages: 973-1002
Issue: 5
Volume: 26
Year: 2019
Month: 9
X-DOI: 10.1080/09672567.2019.1626461
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1626461
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Handle: RePEc:taf:eujhet:v:26:y:2019:i:5:p:973-1002




Template-Type: ReDIF-Article 1.0
Author-Name: Akos Sivado
Author-X-Name-First: Akos
Author-X-Name-Last: Sivado
Title: The ontology of Sir William Petty’s political arithmetic
Abstract: 
 The method of political arithmetic elaborated by William Petty in the 17th century is usually taken to be an instrument of better governance aimed at practical utility, and lacking any theoretical support in a natural philosophical sense. This paper argues otherwise by showing how Petty’s scarce discussions of First Principles and mechanical philosophy could be viewed as constituting a theoretical background against which his insistence on using arithmetic to account for social phenomena could be interpreted more charitably. Reconstructing Petty’s philosophy also helps answering why the accuracy of his numbers was not of primary importance for his scientific projects.
Journal: The European Journal of the History of Economic Thought
Pages: 1003-1026
Issue: 5
Volume: 26
Year: 2019
Month: 9
X-DOI: 10.1080/09672567.2019.1626463
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1626463
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Template-Type: ReDIF-Article 1.0
Author-Name: Adrien Lutz
Author-X-Name-First: Adrien
Author-X-Name-Last: Lutz
Author-Name: Antoinette Baujard
Author-X-Name-First: Antoinette
Author-X-Name-Last: Baujard
Title: Is there a link between Saint-Simonian ability and the capability approach to social justice?
Abstract: 
 “To each according to his ability, to each ability according to his works” constitutes the founding slogan of the Saint-Simonian doctrine (1825–1832). A century and a half would pass before Sen and Nussbaum developed their capability approaches, designed to consider issues of human development and quality of life. Given the prominence of capability approaches in the context of modern theories of justice, and perhaps also due to the natural analogy between the words ‘capacité’, ‘ability’, and ‘capability’, there is a clear tendency in the literature to analyse the Saint-Simonians’ contributions to justice based on the assumption that there is a conceptual link between the terms capability and ability. This paper claims, however, that the elision of these terms is unjustified, and is a source more of confusion than of enlightenment. Conversely, by disentangling these two concepts we can shed light on the contextual reasons for the divergence between these approaches to justice, and provide new insights into both. A capability is an evaluative space for justice, while an ability is a property of individuals. The former is defined essentially in the domain of consumption and individual accomplishment, while the latter is clearly seen as a contribution to the theory of efficient production. Finally, these differences reveal a contrast in the focus values: the ability approach insists on efficiency, while the capability approach focuses on agency. If an analogy with modern theories of justice could be established, the Saint-Simonians would appear closer to modern theories of equity, with their focus on merit.
Journal: The European Journal of the History of Economic Thought
Pages: 1027-1052
Issue: 5
Volume: 26
Year: 2019
Month: 9
X-DOI: 10.1080/09672567.2019.1626462
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1626462
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Template-Type: ReDIF-Article 1.0
Author-Name: Roger E. Backhouse
Author-X-Name-First: Roger E.
Author-X-Name-Last: Backhouse
Author-Name: Béatrice Cherrier
Author-X-Name-First: Béatrice
Author-X-Name-Last: Cherrier
Title: Paul Samuelson, gender bias and discrimination
Abstract: 
 Paul Samuelson’s widely quoted deprecatory remarks about female economists are discussed in the context of his having been one of the earliest economists to emphasize the problem of gender and racial discrimination in his textbook. Reference is made both to his published analyses of discrimination, in his textbook and elsewhere, and to archival materials on his interactions with female economists, including testimonials he wrote on their behalf. His attitudes appear paradoxical in that he emphasized the problem of discrimination and was very supportive of women but this did not lead him to challenge some of the attitudes he held about women in general.
Journal: The European Journal of the History of Economic Thought
Pages: 1053-1080
Issue: 5
Volume: 26
Year: 2019
Month: 9
X-DOI: 10.1080/09672567.2019.1632366
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1632366
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Template-Type: ReDIF-Article 1.0
Author-Name: Gabriel Sabbagh
Author-X-Name-First: Gabriel
Author-X-Name-Last: Sabbagh
Title: An unrecorded Physiocratic précis by Charles Richard de Butré and the experiment of Karl Friedrich of Baden-Durlach in Dietlingen
Abstract: 
 The aim of this paper is to call attention to a published anonymous summary of the Physiocratic doctrine which combines pure theory with a description of the experiment of Karl Friedrich of Baden-Durlach. I establish that the author of this book is Charles Richard de Butré. The discovery of the book, which borrows a great deal from Du Pont and Schlettwein, leads to revisit the experiment and to revise the traditional view of Schlettwein. The last section of the paper attempts to clarify the book's publication and raises several questions about the works and personality of Butré.
Journal: The European Journal of the History of Economic Thought
Pages: 1-24
Issue: 1
Volume: 24
Year: 2017
Month: 1
X-DOI: 10.1080/09672567.2016.1148752
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1148752
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Template-Type: ReDIF-Article 1.0
Author-Name: Claudia Sunna
Author-X-Name-First: Claudia
Author-X-Name-Last: Sunna
Author-Name: Manuela Mosca
Author-X-Name-First: Manuela
Author-X-Name-Last: Mosca
Title: Heterogenesis of ends: Herbert Spencer and the Italian economists
Abstract: 
 The influence of Spencer's ideas is now generating a good deal of analysis. The aim of this paper is to highlight the importance of Spencer's work on economic thought. It also analyses the way in which this work was interpreted by the Italian economists. In particular, it investigates the influence of Spencer's theory of evolution on the thought of Pantaleoni (1857–1924) and Nitti (1868–1953). These two representative Italian scholars were on opposite sides for their economic methodology and the issue of government intervention in the economy. The paper clarifies whether their two divergent visions on social change could both be in accordance with Spencer ideas.
Journal: The European Journal of the History of Economic Thought
Pages: 25-57
Issue: 1
Volume: 24
Year: 2017
Month: 1
X-DOI: 10.1080/09672567.2016.1148753
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1148753
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:1:p:25-57




Template-Type: ReDIF-Article 1.0
Author-Name: Sylvie Rivot
Author-X-Name-First: Sylvie
Author-X-Name-Last: Rivot
Title: Essays on Keynesian and Kaldorian Economics, by Antony P. Thirlwall
Journal: The European Journal of the History of Economic Thought
Pages: 177-178
Issue: 1
Volume: 24
Year: 2017
Month: 1
X-DOI: 10.1080/09672567.2016.1153854
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1153854
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:1:p:177-178




Template-Type: ReDIF-Article 1.0
Author-Name: Keith Tribe
Author-X-Name-First: Keith
Author-X-Name-Last: Tribe
Title: Nature's Gifts. The Australian Lectures of Henry George on the Ownership of Land &amp; other Natural Resources, by John Pullen
Journal: The European Journal of the History of Economic Thought
Pages: 175-176
Issue: 1
Volume: 24
Year: 2017
Month: 1
X-DOI: 10.1080/09672567.2016.1153856
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1153856
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:1:p:175-176




Template-Type: ReDIF-Article 1.0
Author-Name: Gilles Jacoud
Author-X-Name-First: Gilles
Author-X-Name-Last: Jacoud
Title: Why is money important in Jean-Baptiste Say's analysis?
Abstract: 
 Jean-Baptiste Say dedicated a significant part of his work to monetary questions, as much to explain the monetary practices of his period and to propose concrete measures to improve certain elements, as to develop theoretical reflections on the role of money in the mechanisms that political economy sheds light upon. His thought for that matter is not always devoid of contradictions when it comes to reconciling the results of observation with certain dimensions of his analysis. The article explains his conception of money. A variation in its quantity has an impact not only on prices, but also on the real economy, favourable when this issue is slow and moderate, but negative, on the other hand, when it is fast and large-scale. This leads to the measures of monetary policy recommended by Say.
Journal: The European Journal of the History of Economic Thought
Pages: 58-79
Issue: 1
Volume: 24
Year: 2017
Month: 1
X-DOI: 10.1080/09672567.2016.1159239
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1159239
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:1:p:58-79




Template-Type: ReDIF-Article 1.0
Author-Name: Christophe Depoortère
Author-X-Name-First: Christophe
Author-X-Name-Last: Depoortère
Title: Say's involvement in the 1819 French edition of Ricardo's  and the issue of rent
Abstract: 
 This paper focuses on Say's contribution to the first French edition of Ricardo's Principles and on the analytical consequences of his involvement on the issue of rent. Part one investigates the “story” of this edition. It stresses Say's friendship with the translator, his involvement in this publication and his attitude toward Ricardo. Part two analyses how elements from Say's thought were introduced into Ricardo's theory of rent through this edition. These elements conveyed ideas which were definitely at odds with Ricardo's theory and misrepresented Ricardo's true concept of differential rent which was central to his theory.
Journal: The European Journal of the History of Economic Thought
Pages: 80-118
Issue: 1
Volume: 24
Year: 2017
Month: 1
X-DOI: 10.1080/09672567.2016.1159240
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1159240
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:1:p:80-118




Template-Type: ReDIF-Article 1.0
Author-Name: Craig Allan Medlen
Author-X-Name-First: Craig Allan
Author-X-Name-Last: Medlen
Title: Veblen's Discounted Expected Earnings Streams: Monopoly and Make-Believe
Abstract: 
 The paper has two purposes. The first is to explore Thorstein Veblen's contention that the theory of discounted earnings streams is inexorably linked to monopoly power. This contention has contemporary relevance. Modern price theory follows Irving Fisher's original claim that discounted streams has universal application and is consequently divorced from any explicit reference to industrial structure. The second purpose is to examine Veblen's anthropological claim that the transformation of discounted “make-believe” streams into present values reinforces a spiritual aura surrounding financial elites and their social standing.
Journal: The European Journal of the History of Economic Thought
Pages: 119-142
Issue: 1
Volume: 24
Year: 2017
Month: 1
X-DOI: 10.1080/09672567.2016.1159241
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1159241
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:1:p:119-142




Template-Type: ReDIF-Article 1.0
Author-Name: Antonella Rancan
Author-X-Name-First: Antonella
Author-X-Name-Last: Rancan
Title: The wage–employment relationship in Modigliani's 1944 article
Abstract: 
 Modigliani's 1944 “Econometrica” article is considered one of the most important efforts to reconcile Keynes with classical economic thinking through the wage rigidity hypothesis. The paper reconstructs the genesis of Modigliani's article and compares Modigliani's and Patinkin's interpretation of the wage–employment relationship. It also discusses Modigliani's contribution to the neoclassical synthesis, arguing that Modigliani's attention to the monetary origin of and solution to unemployment contrasts with the neoclassical synthesis neglecting of the monetary side of the system and its inclination towards fiscal policy.
Journal: The European Journal of the History of Economic Thought
Pages: 143-174
Issue: 1
Volume: 24
Year: 2017
Month: 1
X-DOI: 10.1080/09672567.2016.1164210
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1164210
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:1:p:143-174




Template-Type: ReDIF-Article 1.0
Author-Name: Marco Dardi
Author-X-Name-First: Marco
Author-X-Name-Last: Dardi
Title: Tiziano Raffaelli (1950–2016)
Journal: The European Journal of the History of Economic Thought
Pages: 201-203
Issue: 1
Volume: 24
Year: 2017
Month: 1
X-DOI: 10.1080/09672567.2016.1248682
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1248682
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:1:p:201-203




Template-Type: ReDIF-Article 1.0
Author-Name: Carlo Panico
Author-X-Name-First: Carlo
Author-X-Name-Last: Panico
Title: Marcello De Cecco (1939–2016)
Journal: The European Journal of the History of Economic Thought
Pages: 197-200
Issue: 1
Volume: 24
Year: 2017
Month: 1
X-DOI: 10.1080/09672567.2016.1248686
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1248686
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:1:p:197-200




Template-Type: ReDIF-Article 1.0
Author-Name: Kiichiro Yagi
Author-X-Name-First: Kiichiro
Author-X-Name-Last: Yagi
Title: Yuichi Shionoya (1932–2015)
Journal: The European Journal of the History of Economic Thought
Pages: 193-196
Issue: 1
Volume: 24
Year: 2017
Month: 1
X-DOI: 10.1080/09672567.2016.1249716
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1249716
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:1:p:193-196




Template-Type: ReDIF-Article 1.0
Author-Name: Nicholas Gane
Author-X-Name-First: Nicholas
Author-X-Name-Last: Gane
Title: Finding Equilibrium: Arrow, Debreu, McKenzie and the Problem of Scientific Credit, by Till Düppe and E. Roy Weintraub
Journal: The European Journal of the History of Economic Thought
Pages: 190-192
Issue: 1
Volume: 24
Year: 2017
Month: 1
X-DOI: 10.1080/09672567.2016.1270556
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1270556
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:1:p:190-192




Template-Type: ReDIF-Article 1.0
Author-Name: Terry Peach
Author-X-Name-First: Terry
Author-X-Name-Last: Peach
Title: Adam Smith's Wealth of Nations: A Reader's Guide, by Jerry Evensky
Journal: The European Journal of the History of Economic Thought
Pages: 179-180
Issue: 1
Volume: 24
Year: 2017
Month: 1
X-DOI: 10.1080/09672567.2016.1270557
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1270557
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:1:p:179-180




Template-Type: ReDIF-Article 1.0
Author-Name: Fabio Petri
Author-X-Name-First: Fabio
Author-X-Name-Last: Petri
Title: The Elgar Companion to David Ricardo, edited by Heinz D. Kurz and Neri Salvadori
Journal: The European Journal of the History of Economic Thought
Pages: 184-187
Issue: 1
Volume: 24
Year: 2017
Month: 1
X-DOI: 10.1080/09672567.2016.1270572
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1270572
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:1:p:184-187




Template-Type: ReDIF-Article 1.0
Author-Name: Daniela Donnini Macciò
Author-X-Name-First: Daniela Donnini
Author-X-Name-Last: Macciò
Title: Arthur Cecil Pigou, by N. Aslanbeigui and G. Oakes
Journal: The European Journal of the History of Economic Thought
Pages: 187-190
Issue: 1
Volume: 24
Year: 2017
Month: 1
X-DOI: 10.1080/09672567.2016.1270576
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1270576
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:1:p:187-190




Template-Type: ReDIF-Article 1.0
Author-Name: Charles Goodhart
Author-X-Name-First: Charles
Author-X-Name-Last: Goodhart
Title: Why Minsky Matters, by L. Randall Wray
Journal: The European Journal of the History of Economic Thought
Pages: 181-184
Issue: 1
Volume: 24
Year: 2017
Month: 1
X-DOI: 10.1080/09672567.2016.1270578
File-URL: http://hdl.handle.net/10.1080/09672567.2016.1270578
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Handle: RePEc:taf:eujhet:v:24:y:2017:i:1:p:181-184




Template-Type: ReDIF-Article 1.0
Author-Name: Constantinos Repapis
Author-X-Name-First: Constantinos
Author-X-Name-Last: Repapis
Title: F. A. Hayek vs. J. M. Keynes in Shackle's marginal gloss
Abstract: 
 The intellectual rivalry of F. A. Hayek and J. M. Keynes has recently caught the attention of historians of economic thought, journalists and the broad public. However, how was it viewed at the time? This article uses archival material in the form of marginal annotations made by G. L. S. Shackle to determine contemporary reading responses to the theoretical developments of the 1930s. Shackle's unique reading style that includes legible, dated, annotations and the fact that a substantial part of his academic library survives gives us a unique vantage point from which to explore anew this period of intellectual history.
Journal: The European Journal of the History of Economic Thought
Pages: 227-262
Issue: 2
Volume: 25
Year: 2018
Month: 3
X-DOI: 10.1080/09672567.2018.1425466
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1425466
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:2:p:227-262




Template-Type: ReDIF-Article 1.0
Author-Name: Taro Hisamatsu
Author-X-Name-First: Taro
Author-X-Name-Last: Hisamatsu
Title: Robert Torrens and the Ricardian model of dynamic equilibrium growth
Abstract: 
 This paper reconstructs Torrens's dynamic theory of distribution which is based on three notions of wages. In the early stages of growth, capital increases faster than population, so the actual wage rises above the minimum. Thereafter, the economy grows with a tendency for the population to increase faster than the capital while limiting the actual wage below the decreasing maximum until it enters a stationary state and the actual wage and profit rates are reduced to their minimum. Such a theory has been attributed to Ricardo by some scholars, but Torrens proposed a more fully developed account than Ricardo's.
Journal: The European Journal of the History of Economic Thought
Pages: 203-226
Issue: 2
Volume: 25
Year: 2018
Month: 3
X-DOI: 10.1080/09672567.2018.1425467
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1425467
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:2:p:203-226




Template-Type: ReDIF-Article 1.0
Author-Name: Romain Plassard
Author-X-Name-First: Romain
Author-X-Name-Last: Plassard
Title: The origins, development, and fate of Clower's “stock-flow” general-equilibrium programme
Abstract: 
 Before becoming the hallmark of macroeconomics à la Wynne Godley, the “stock-flow” analysis was already developed in microeconomics and general-equilibrium theory. The goal was to study the formation of economic plans and the determination of market prices when individuals were supposed to consume, produce, and hold commodities. I show that since the early 1950s, Robert W. Clower used the “stock-flow” price theory to offer microfoundations to a Keynesian business cycle model. I analyse the origins of this microfoundation programme, trace its development, and discuss its fate.
Journal: The European Journal of the History of Economic Thought
Pages: 263-294
Issue: 2
Volume: 25
Year: 2018
Month: 3
X-DOI: 10.1080/09672567.2018.1425468
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1425468
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:2:p:263-294




Template-Type: ReDIF-Article 1.0
Author-Name: Roberto Romani
Author-X-Name-First: Roberto
Author-X-Name-Last: Romani
Title: On science and reform: the parable of the new economics, 1960s–1970s
Abstract: 
 The article considers Paul Samuelson, Robert Solow, James Tobin, Walter Heller, and Arthur Okun qua political economists. The focus is on their combination of a faith in economic science and a passionate public spirit. The article aims to substantiate two related arguments. The first is that these “new economists” were public intellectuals, regularly addressing public opinion, and engaging with the major economic and social issues of the times; the second is that their value judgements gained the upper hand over scientific discourse when they were confronted with the 1970s inflation.
Journal: The European Journal of the History of Economic Thought
Pages: 295-326
Issue: 2
Volume: 25
Year: 2018
Month: 3
X-DOI: 10.1080/09672567.2018.1425469
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1425469
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:2:p:295-326




Template-Type: ReDIF-Article 1.0
Author-Name: Maria Bach
Author-X-Name-First: Maria
Author-X-Name-Last: Bach
Title: What laws determine progress? An Indian contribution to the idea of progress based on Mahadev Govind Ranade's works, 1870–1901
Abstract: 
 By the late nineteenth century, the school of “Indian Political Economy” was founded to understand India's extreme poverty and deindustrialisation. This paper examines how Mahadev Govind Ranade (the school's founder) conceptualised progress by tracing its origins and evaluating how it was formulated to reconcile theory with India's political and socio-economic reality. Ranade identified specific Indian determinants of progress: the centrifugal nature of Indian politics; the dependence of a colonial economy; and its refutable role within the international division of labour theory.
Journal: The European Journal of the History of Economic Thought
Pages: 327-356
Issue: 2
Volume: 25
Year: 2018
Month: 3
X-DOI: 10.1080/09672567.2018.1435704
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1435704
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:2:p:327-356




Template-Type: ReDIF-Article 1.0
Author-Name: Jochen Schumann
Author-X-Name-First: Jochen
Author-X-Name-Last: Schumann
Title: Heinrich von Storch's innovative contributions to economics
Abstract: 
 Heinrich von Storch was a classical economist of the late eighteenth and early nineteenth century; he was of German descent and of Russian nationality; his main work was written in French. This paper tries to present the essence of Storch's innovative ideas and contrasts them with contemporary British and French economic thinking on value, land rent, foreign trade, money and currency, “inner goods,” and development. It is argued that Storch was an economist of moderate impact on literature but of high professional relevance.
Journal: The European Journal of the History of Economic Thought
Pages: 388-400
Issue: 2
Volume: 25
Year: 2018
Month: 3
X-DOI: 10.1080/09672567.2018.1435705
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1435705
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:2:p:388-400




Template-Type: ReDIF-Article 1.0
Author-Name: Samuel Demeulemeester
Author-X-Name-First: Samuel
Author-X-Name-Last: Demeulemeester
Title: The 100% money proposal and its implications for banking: the Currie–Fisher approach versus the Chicago Plan approach
Abstract: 
 The literature on the 100% money proposal often reveals some confusion when it comes to its implications for the banking sphere. We argue that this can be partly explained by a failure to have distinguished between two divergent approaches to the proposal: the “Currie–Fisher” (or “transaction”) approach, on the one hand, which would preserve banking; and the “Chicago Plan” (or “liquidity”) approach, on the other hand, which would abolish banking. This division among 100% money proponents stemmed, in particular, from different definitions of money, and different explanations of monetary instability. The present paper attempts to clarify this divergence of views.
Journal: The European Journal of the History of Economic Thought
Pages: 357-387
Issue: 2
Volume: 25
Year: 2018
Month: 3
X-DOI: 10.1080/09672567.2018.1435706
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1435706
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:2:p:357-387




Template-Type: ReDIF-Article 1.0
Author-Name: Maria N. Ivanova
Author-X-Name-First: Maria N.
Author-X-Name-Last: Ivanova
Title: Hayek, Mach, and the re-ordering of mind
Abstract: 
 This paper argues that Friedrich A. v. Hayek's theory of mind and the relation between mental and physical events, most systematically presented in his 1952 book, The Sensory Order, is indebted to Ernst Mach's theory, and, in particular, to his Analysis of Sensations, above and beyond what Hayek himself along with multiple admirers of his work ever cared to admit. By highlighting a number of important similarities between Mach's and Hayek's theories of the psychical/phenomenal and physical world/order, the paper aims to show that key aspects of Hayek's theory of mind can be traced to Mach's theoretical foundations. The paper further argues that some of the criticisms Hayek levels against Mach concern nonessential points, arise from the uncritical acceptance of common misinterpretations of Mach's theory, or are plainly wrong.
Journal: The European Journal of the History of Economic Thought
Pages: 693-717
Issue: 5
Volume: 23
Year: 2016
Month: 9
X-DOI: 10.1080/09672567.2015.1018293
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1018293
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Template-Type: ReDIF-Article 1.0
Author-Name: Marlies Schütz
Author-X-Name-First: Marlies
Author-X-Name-Last: Schütz
Author-Name: Andreas Rainer
Author-X-Name-First: Andreas
Author-X-Name-Last: Rainer
Title: J.A. Schumpeter and T.B. Veblen on economic evolution: the dichotomy between statics and dynamics
Abstract: 
 At present, the discussion on the dichotomy between statics and dynamics is resolved by concentrating on its mathematical meaning. Yet, a simple formalisation masks the underlying methodological discussion. Overcoming this limitation, the paper discusses Schumpeter's and Veblen's viewpoint on dynamic economic systems as systems generating change from within. It contributes to an understanding on their ideas of how economics could become an evolutionary science and on their contributions to elaborate an evolutionary economics. It confronts Schumpeter's with Veblen's perspective on evolutionary economics and provides insight into their evolutionary economic theorising by discussing their ideas on the evolution of capitalism.
Journal: The European Journal of the History of Economic Thought
Pages: 718-742
Issue: 5
Volume: 23
Year: 2016
Month: 9
X-DOI: 10.1080/09672567.2015.1018294
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1018294
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Template-Type: ReDIF-Article 1.0
Author-Name: Manisha Chakrabarty
Author-X-Name-First: Manisha
Author-X-Name-Last: Chakrabarty
Author-Name: Werner Hildenbrand
Author-X-Name-First: Werner
Author-X-Name-Last: Hildenbrand
Title: How should Engel's law be formulated?
Abstract: 
 Engel's law expresses a “negative stochastic association” of income and the proportion of income that is spent on food. However, there are many quite different notions of “negative stochastic association” and consequently there are different ways of defining Engel's law. We relate these different concepts to Engel's original statistical analysis and show that one must give credit to Engel for the first non-parametric statistical analysis of budget-data.
Journal: The European Journal of the History of Economic Thought
Pages: 743-763
Issue: 5
Volume: 23
Year: 2016
Month: 9
X-DOI: 10.1080/09672567.2015.1050045
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1050045
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Template-Type: ReDIF-Article 1.0
Author-Name: Reinhard Schumacher
Author-X-Name-First: Reinhard
Author-X-Name-Last: Schumacher
Title: Adam Smith and the “rich country–poor country” debate: eighteenth-century views on economic progress and international trade
Abstract: 
 Despite his emphasis on economic development, Adam Smith did not participate in the contemporary “rich country–poor country” debate. Some see the absenteeism as a deficiency, while others assume that Smith propounds a theory of uneven development and agrees with the divergence argument. In this article, Smith's own theory is expounded and related to the contentious points of the “rich country–poor country” debate. It is concluded that Smith's theory does not fit easily into the categories of this debate. He rather takes up a third position, being neither a proponent of pure convergence nor of pure divergence.
Journal: The European Journal of the History of Economic Thought
Pages: 764-793
Issue: 5
Volume: 23
Year: 2016
Month: 9
X-DOI: 10.1080/09672567.2015.1050046
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1050046
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Template-Type: ReDIF-Article 1.0
Author-Name: Carlo Zappia
Author-X-Name-First: Carlo
Author-X-Name-Last: Zappia
Title: Whither Keynesian probability? Impolite techniques for decision-making
Abstract: 
 The critical literature on Keynes has provided extensive analysis of why individual agents may find convenient to adopt a “conventional judgement”, and what he meant by “polite techniques” used to save their faces as “rational, economic men.” This paper concentrates instead on impolite techniques of thought suited to deal with Keynesian uncertainty. The paper suggests that the thread going from Keynes's Treatise on Probability to the General Theory and its defence provides a positive analysis of decision-making under uncertainty, and that placing emphasis on this positive analysis simply means adhering to Keynes's long-standing commitment to a (surely peculiar) probabilistic set-up.
Journal: The European Journal of the History of Economic Thought
Pages: 835-862
Issue: 5
Volume: 23
Year: 2016
Month: 9
X-DOI: 10.1080/09672567.2015.1068349
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1068349
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Template-Type: ReDIF-Article 1.0
Author-Name: Carlos Bastien
Author-X-Name-First: Carlos
Author-X-Name-Last: Bastien
Title: Readings and translations of Karl Marx in Portugal (1852–1914)
Abstract: 
 This article presents an original and critical inventory of the most significant surveys, citations, discussions and translations made of Marx's works in Portugal up until the First World War.The paper stresses the academic and political conditions under which Karl Marx's ideas were received in a European semiperipheral society and the specific interpretations that were made of those ideas.It allows for the possibility of undertaking future studies comparing other national cases.
Journal: The European Journal of the History of Economic Thought
Pages: 794-813
Issue: 5
Volume: 23
Year: 2016
Month: 9
X-DOI: 10.1080/09672567.2015.1073769
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1073769
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Handle: RePEc:taf:eujhet:v:23:y:2016:i:5:p:794-813




Template-Type: ReDIF-Article 1.0
Author-Name: Christian Ydesen
Author-X-Name-First: Christian
Author-X-Name-Last: Ydesen
Title: The Hayek–Sraffa controversy in 1932 – a philosophy of science perspective
Abstract: 
 Analysing the intense controversy between Hayek and Sraffa in 1932, this article throws light on the logical consistency of their arguments and the philosophy of science axioms concerning knowledge, society, and human beings upon which these were based. The purpose is to use the controversy as an example to clarify the elemental preconditions of economic science to validly reach the core of economic theories and thus throw light on their historical and ideological conditions and range and the validity of the knowledge produced. The article uses Imre Lakatos' thoughts on research programmes and formal logic as an analytical tool.
Journal: The European Journal of the History of Economic Thought
Pages: 814-834
Issue: 5
Volume: 23
Year: 2016
Month: 9
X-DOI: 10.1080/09672567.2015.1073770
File-URL: http://hdl.handle.net/10.1080/09672567.2015.1073770
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Handle: RePEc:taf:eujhet:v:23:y:2016:i:5:p:814-834




Template-Type: ReDIF-Article 1.0
Author-Name: Muriel Dal Pont Legrand
Author-X-Name-First: Muriel
Author-X-Name-Last: Dal Pont Legrand
Author-Name:  
Author-X-Name-First: 
Author-X-Name-Last: 
Title: Editorial
Journal: The European Journal of the History of Economic Thought
Pages: 653-653
Issue: 4
Volume: 26
Year: 2019
Month: 7
X-DOI: 10.1080/09672567.2019.1647637
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1647637
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Handle: RePEc:taf:eujhet:v:26:y:2019:i:4:p:653-653




Template-Type: ReDIF-Article 1.0
Author-Name: Claude Diebolt
Author-X-Name-First: Claude
Author-X-Name-Last: Diebolt
Author-Name: Harald Hagemann
Author-X-Name-First: Harald
Author-X-Name-Last: Hagemann
Title: Mixing history of economic thought with cliometrics: room for debates on economic growth
Journal: The European Journal of the History of Economic Thought
Pages: 654-658
Issue: 4
Volume: 26
Year: 2019
Month: 7
X-DOI: 10.1080/09672567.2019.1647636
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1647636
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Template-Type: ReDIF-Article 1.0
Author-Name: Markus Lampe
Author-X-Name-First: Markus
Author-X-Name-Last: Lampe
Author-Name: Paul Sharp
Author-X-Name-First: Paul
Author-X-Name-Last: Sharp
Title: Accounting for the wealth of Denmark: a case study of Smithian growth using the emergence of modern accounting in Danish dairying
Abstract: 
 The idea of “Smithian growth” rests on a “natural” development out of agriculture through capital accumulation, and the division of labour. We confront these concepts with an “historical experiment” and the case of Danish agriculture in the nineteenth century. Specifically, we look at how accounting was used to promote specialization, ultimately in butter production, leading to the massive increases in productivity that Smith predicted. We also observe the emergence of Smithian “philosophers”. This ultimately led to the capital-intensive industrialization of Danish agriculture through butter factories, and general development. We argue that this establishes the historical relevance of Smith’s theories.
Journal: The European Journal of the History of Economic Thought
Pages: 659-697
Issue: 4
Volume: 26
Year: 2019
Month: 7
X-DOI: 10.1080/09672567.2019.1634751
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1634751
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Template-Type: ReDIF-Article 1.0
Author-Name: Jean-Daniel Boyer
Author-X-Name-First: Jean-Daniel
Author-X-Name-Last: Boyer
Author-Name: Magali Jaoul-Grammare
Author-X-Name-First: Magali
Author-X-Name-Last: Jaoul-Grammare
Author-Name: Sylvie Rivot
Author-X-Name-First: Sylvie
Author-X-Name-Last: Rivot
Title: The debate over grain in the 1750s. A cliometric point of view
Abstract: 
 During the 1750s the grain debate agitated French opinion and contributed to the creation of the new science of political economy. It was notable as a confrontation between those who defended the regulation of commerce and partisans of free trade. In this paper we test some of the arguments made at that time, using cliometric techniques which we apply to existing data as well as to new, reconstituted data.
Journal: The European Journal of the History of Economic Thought
Pages: 698-737
Issue: 4
Volume: 26
Year: 2019
Month: 7
X-DOI: 10.1080/09672567.2019.1634750
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1634750
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Handle: RePEc:taf:eujhet:v:26:y:2019:i:4:p:698-737




Template-Type: ReDIF-Article 1.0
Author-Name: Michael Haupert
Author-X-Name-First: Michael
Author-X-Name-Last: Haupert
Title: A brief history of cliometrics and the evolving view of the industrial revolution
Abstract: 
 Over the past century and a half, economists have differed on methodology, interpretation, and explanation of the causes, consequences, and proper approach to understanding the historical period commonly referred to as the Industrial Revolution. The impact of the methodological debate over the role of theory and history in economics, and the growth of cliometrics on the ways in which we think about and analyze the Industrial Revolution have been primary factors in this debate. This article uses the rise of cliometrics as a lens through which to view the intellectual history of economists’ views of the Industrial Revolution. It is not in itself an attempt to explain the causes or consequences of the Industrial Revolution, but rather, an overview of the evolution of the approaches that economists have used to define what constituted the Industrial Revolution, when it occurred, and how to explain its causes and why it occurred when and where it did.
Journal: The European Journal of the History of Economic Thought
Pages: 738-774
Issue: 4
Volume: 26
Year: 2019
Month: 7
X-DOI: 10.1080/09672567.2019.1630462
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1630462
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Template-Type: ReDIF-Article 1.0
Author-Name: Claude Diebolt
Author-X-Name-First: Claude
Author-X-Name-Last: Diebolt
Author-Name: Charlotte Le Chapelain
Author-X-Name-First: Charlotte
Author-X-Name-Last: Le Chapelain
Author-Name: Audrey-Rose Menard
Author-X-Name-First: Audrey-Rose
Author-X-Name-Last: Menard
Title: Learning outside the factory: a cliometric reappraisal on the impact of technological change on human capital accumulation
Abstract: 
 The paper provides, a cliometric analysis on the impact of steam engine technology on the rise of adult education in nineteenth-century France. We exploit exogenous regional variations in the distribution of steam engines across France to evidence that technological change significantly contributed to the development of lifelong training during the 1850–1881 period. Our research shows that steam technology adoption in France was not deskilling. We argue that this process raised the demand for new skills adapted to the development of French industries.
Journal: The European Journal of the History of Economic Thought
Pages: 775-800
Issue: 4
Volume: 26
Year: 2019
Month: 7
X-DOI: 10.1080/09672567.2019.1630461
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1630461
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Template-Type: ReDIF-Article 1.0
Author-Name: Cléo Chassonnery-Zaïgouche
Author-X-Name-First: Cléo
Author-X-Name-Last: Chassonnery-Zaïgouche
Author-Name: Guillaume Noblet
Author-X-Name-First: Guillaume
Author-X-Name-Last: Noblet
Title: Les économistes et la fin des énergies fossiles (1865–1931)
Journal: The European Journal of the History of Economic Thought
Pages: 801-804
Issue: 4
Volume: 26
Year: 2019
Month: 7
X-DOI: 10.1080/09672567.2019.1647627
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1647627
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Handle: RePEc:taf:eujhet:v:26:y:2019:i:4:p:801-804




Template-Type: ReDIF-Article 1.0
Author-Name: Danilo Freitas Ramalho da Silva
Author-X-Name-First: Danilo Freitas
Author-X-Name-Last: Ramalho da Silva
Title: A history of macroeconomics from Keynes to Lucas and beyond
Journal: The European Journal of the History of Economic Thought
Pages: 804-807
Issue: 4
Volume: 26
Year: 2019
Month: 7
X-DOI: 10.1080/09672567.2019.1647629
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1647629
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Handle: RePEc:taf:eujhet:v:26:y:2019:i:4:p:804-807




Template-Type: ReDIF-Article 1.0
Author-Name: Andrés Lazzarini
Author-X-Name-First: Andrés
Author-X-Name-Last: Lazzarini
Title: Classical economic today. Essays in honour of Alessandro Roncaglia
Journal: The European Journal of the History of Economic Thought
Pages: 807-810
Issue: 4
Volume: 26
Year: 2019
Month: 7
X-DOI: 10.1080/09672567.2019.1647630
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1647630
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Handle: RePEc:taf:eujhet:v:26:y:2019:i:4:p:807-810




Template-Type: ReDIF-Article 1.0
Author-Name: Keith Tribe
Author-X-Name-First: Keith
Author-X-Name-Last: Tribe
Title: Le avventure delle Aventures. Traduzioni del Télémaque di Fénelon tra Sette e Ottocento
Journal: The European Journal of the History of Economic Thought
Pages: 810-812
Issue: 4
Volume: 26
Year: 2019
Month: 7
X-DOI: 10.1080/09672567.2019.1647965
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1647965
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Handle: RePEc:taf:eujhet:v:26:y:2019:i:4:p:810-812




Template-Type: ReDIF-Article 1.0
Author-Name: Paul Sagar
Author-X-Name-First: Paul
Author-X-Name-Last: Sagar
Title: Essays on Hume, Smith and the Scottish Enlightenment
Journal: The European Journal of the History of Economic Thought
Pages: 812-816
Issue: 4
Volume: 26
Year: 2019
Month: 7
X-DOI: 10.1080/09672567.2019.1647966
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1647966
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Handle: RePEc:taf:eujhet:v:26:y:2019:i:4:p:812-816




Template-Type: ReDIF-Article 1.0
Author-Name: José M. Menudo
Author-X-Name-First: José M.
Author-X-Name-Last: Menudo
Title: Condorcet et Adam Smith. Réformes économiques et progrès social au siècle des Lumières
Journal: The European Journal of the History of Economic Thought
Pages: 816-817
Issue: 4
Volume: 26
Year: 2019
Month: 7
X-DOI: 10.1080/09672567.2019.1647970
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1647970
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Handle: RePEc:taf:eujhet:v:26:y:2019:i:4:p:816-817




Template-Type: ReDIF-Article 1.0
Author-Name: Bertram Schefold
Author-X-Name-First: Bertram
Author-X-Name-Last: Schefold
Title: Unproductive labour in political economy. The history of an idea
Journal: The European Journal of the History of Economic Thought
Pages: 817-821
Issue: 4
Volume: 26
Year: 2019
Month: 7
X-DOI: 10.1080/09672567.2019.1647971
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1647971
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Handle: RePEc:taf:eujhet:v:26:y:2019:i:4:p:817-821




Template-Type: ReDIF-Article 1.0
Author-Name: Tom Hopkins
Author-X-Name-First: Tom
Author-X-Name-Last: Hopkins
Title: Œuvres Économiques Complètes
Journal: The European Journal of the History of Economic Thought
Pages: 821-825
Issue: 4
Volume: 26
Year: 2019
Month: 7
X-DOI: 10.1080/09672567.2019.1647972
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1647972
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Handle: RePEc:taf:eujhet:v:26:y:2019:i:4:p:821-825




Template-Type: ReDIF-Article 1.0
Author-Name: Luca Fiorito
Author-X-Name-First: Luca
Author-X-Name-Last: Fiorito
Author-Name: Massimiliano Vatiero
Author-X-Name-First: Massimiliano
Author-X-Name-Last: Vatiero
Title: Positional goods and social welfare: a note on George Pendleton Watkins’ neglected contribution
Abstract: 
 Watkins's analysis of adventitious utility contains many aspects that are connected to the contemporary debate on positional goods. First, Watkins adventitious utility emerges from a process of social exclusion and can create negative externalities, in the sense that positive consumption of one individual implies negative consumption by another individual. Not only it creates negative externalities on other individuals, but it can initiate a race-to-the-bottom, where individuals waste an increasing amount of money on goods which do not possess any real utility.
Journal: The European Journal of the History of Economic Thought
Pages: 460-472
Issue: 3
Volume: 25
Year: 2018
Month: 5
X-DOI: 10.1080/09672567.2018.1449875
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1449875
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:3:p:460-472




Template-Type: ReDIF-Article 1.0
Author-Name: Michele Bee
Author-X-Name-First: Michele
Author-X-Name-Last: Bee
Title: Wealth and sensibility. The historical outcome of better living conditions for all according to Adam Smith
Abstract: 
 In this paper, I argue that Smith's commercial society is characterised more by restraint of self-command than by restraint of emotions through self-command, as usually stated. According to Smith, the appropriate degree of self-command varies with historical circumstances: better living conditions for all favour relaxation of self-command and lead people to express their sentiments more freely. I thus highlight a crucial link in Smith's thought between variations in general economic conditions and variations in moral judgement on the expression of emotions, or, in other words, between The Theory of Moral Sentiments and the Wealth of Nations.
Journal: The European Journal of the History of Economic Thought
Pages: 473-492
Issue: 3
Volume: 25
Year: 2018
Month: 5
X-DOI: 10.1080/09672567.2018.1449876
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1449876
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:3:p:473-492




Template-Type: ReDIF-Article 1.0
Author-Name: Philippe Légé
Author-X-Name-First: Philippe
Author-X-Name-Last: Légé
Title: History, utility and liberty: John Stuart Mill's critical examination of Auguste Comte
Abstract: 
 This paper shows that Mill's assessment of Comte's work casts light on his own attitude towards the historicity of social phenomena and on the way he connects the notions of utility and liberty. It underlines the relative stability of Mill's views. While the tone of his remarks about Comte varied through time, their content remained basically unchanged. The paper untangles the complex web of the two thinkers’ intellectual relationship by gathering information scattered across many texts, assesses the effects of the Comtian influence on Mill's epistemology and shows how Mill's liberalism was partly built on his opposition to Comte's ideas.
Journal: The European Journal of the History of Economic Thought
Pages: 428-459
Issue: 3
Volume: 25
Year: 2018
Month: 5
X-DOI: 10.1080/09672567.2018.1449877
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1449877
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:3:p:428-459




Template-Type: ReDIF-Article 1.0
Author-Name: Beate Sauer
Author-X-Name-First: Beate
Author-X-Name-Last: Sauer
Author-Name: Friedrich L. Sell
Author-X-Name-First: Friedrich L.
Author-X-Name-Last: Sell
Title: Lost in translation – a revival of Wolfgang Stützel's Balances Mechanics
Abstract: 
 Wolfgang Stützel was a prominent German economist who coined a very special terminology in national accounting and in international economics. Therefore, it can be said that his contributions to economics got lost in translation. Especially, the Balances Mechanics approach and the paradox of competition are his biggest achievements in economic theory, but he never received international recognition. The objective of this paper is to pay tribute to his work by applying his analytical frameworks to the balance of payments crisis in the Eurozone and to the distributional impacts of austerity policy.
Journal: The European Journal of the History of Economic Thought
Pages: 401-427
Issue: 3
Volume: 25
Year: 2018
Month: 5
X-DOI: 10.1080/09672567.2018.1449878
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1449878
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:3:p:401-427




Template-Type: ReDIF-Article 1.0
Author-Name: Roger Middleton
Author-X-Name-First: Roger
Author-X-Name-Last: Middleton
Title: The Palgrave companion to Cambridge economics
Journal: The European Journal of the History of Economic Thought
Pages: 501-505
Issue: 3
Volume: 25
Year: 2018
Month: 5
X-DOI: 10.1080/09672567.2018.1486568
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1486568
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:3:p:501-505




Template-Type: ReDIF-Article 1.0
Author-Name: Carlo Cristiano
Author-X-Name-First: Carlo
Author-X-Name-Last: Cristiano
Title: A compendium of Italian economists at Oxbridge. Contributions to the evolution of economic thinking
Journal: The European Journal of the History of Economic Thought
Pages: 517-521
Issue: 3
Volume: 25
Year: 2018
Month: 5
X-DOI: 10.1080/09672567.2018.1486572
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1486572
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:3:p:517-521




Template-Type: ReDIF-Article 1.0
Author-Name: Alexander Ebner
Author-X-Name-First: Alexander
Author-X-Name-Last: Ebner
Title: The Viennese Students of Civilisation: the Meaning and Context of Austrian Economics Reconsidered
Journal: The European Journal of the History of Economic Thought
Pages: 506-509
Issue: 3
Volume: 25
Year: 2018
Month: 5
X-DOI: 10.1080/09672567.2018.1486573
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1486573
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:3:p:506-509




Template-Type: ReDIF-Article 1.0
Author-Name: Terry Peach
Author-X-Name-First: Terry
Author-X-Name-Last: Peach
Title: The magic of concepts. History and the economic in twentieth century China
Journal: The European Journal of the History of Economic Thought
Pages: 514-516
Issue: 3
Volume: 25
Year: 2018
Month: 5
X-DOI: 10.1080/09672567.2018.1486576
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1486576
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Template-Type: ReDIF-Article 1.0
Author-Name: Maxime Desmarais-Tremblay
Author-X-Name-First: Maxime
Author-X-Name-Last: Desmarais-Tremblay
Title: The world in the model. How economists work and think
Journal: The European Journal of the History of Economic Thought
Pages: 493-498
Issue: 3
Volume: 25
Year: 2018
Month: 5
X-DOI: 10.1080/09672567.2018.1486577
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1486577
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Template-Type: ReDIF-Article 1.0
Author-Name: Luiz Felipe Bruzzi Curi
Author-X-Name-First: Luiz Felipe
Author-X-Name-Last: Bruzzi Curi
Title: Finanzwissenschaft im deutschsprachigen Raum und in den Vereinigten Staaten, 1865–1917. Ursprung, Inhalt und Wissenschaftstransfer
Journal: The European Journal of the History of Economic Thought
Pages: 512-514
Issue: 3
Volume: 25
Year: 2018
Month: 5
X-DOI: 10.1080/09672567.2018.1486580
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1486580
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Template-Type: ReDIF-Article 1.0
Author-Name: Marten Seppel
Author-X-Name-First: Marten
Author-X-Name-Last: Seppel
Title: Economic growth and the origins of modern political economy: economic reasons of state, 1500–2000
Journal: The European Journal of the History of Economic Thought
Pages: 509-511
Issue: 3
Volume: 25
Year: 2018
Month: 5
X-DOI: 10.1080/09672567.2018.1486581
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1486581
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Template-Type: ReDIF-Article 1.0
Author-Name: Orain Arnaud
Author-X-Name-First: Orain
Author-X-Name-Last: Arnaud
Title: The stakes of regulation. Perspectives on bread, politics and political economy forty years later
Journal: The European Journal of the History of Economic Thought
Pages: 498-500
Issue: 3
Volume: 25
Year: 2018
Month: 5
X-DOI: 10.1080/09672567.2018.1486583
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1486583
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Template-Type: ReDIF-Article 1.0
Author-Name: Muriel Dal Pont Legrand
Author-X-Name-First: Muriel
Author-X-Name-Last: Dal Pont Legrand
Author-Name: Richard Sturn
Author-X-Name-First: Richard
Author-X-Name-Last: Sturn
Author-Name: Hans-Michael Trautwein
Author-X-Name-First: Hans-Michael
Author-X-Name-Last: Trautwein
Title: Editors’ note
Journal: The European Journal of the History of Economic Thought
Pages: 1-1
Issue: 1
Volume: 27
Year: 2020
Month: 1
X-DOI: 10.1080/09672567.2019.1697567
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1697567
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Template-Type: ReDIF-Article 1.0
Author-Name: James R. Wible
Author-X-Name-First: James R.
Author-X-Name-Last: Wible
Title: C. S. Peirce’s theory of abductive expectations
Abstract: 
 Expectations are one of the core theoretical concepts in the history of 20th century macroeconomics and finance. Here another significant theory of expectations in intellectual history is noted – C. S. Peirce’s theory of abductive expectations. Peirce was an American philosopher and scientist with deep interests in economics. The paper begins by reprising important aspects of prominent expectations theories such as rational and adaptive expectations, and the theories of Keynes, Friedman and Cagan. Then the discussion extends to other noted contributors such as Shackle, Coddington, Hayek, Evans, and Brock. C. S. Peirce’s theory of expectations is intertwined with his writings on many subjects. What was important about human thought for Peirce was that inferences were made about the logic of events unfolding towards the future. Such inferences look to the future and their accompanying reasoning processes were interpreted as expectational inferences. Peirce used the term abduction for hypothetically imagining the future. An abductive, conjectural expectation (ACE) is one which incorporates and surpasses known evidence by contingently and hypothetically contemplating the future. For Peirce, abductive expectations are a crucial part of humanity’s most efficient and productive resource, the cognitive processes of the human mind. Also, although Peirce is recognized as a founding influence on American institutional economics, his conception of expectations seems to have been left undeveloped by that school of economic ideas. Peirce’s contribution provides new insights and a more unifying perspective on expectations theories in the history of economics.
Journal: The European Journal of the History of Economic Thought
Pages: 2-44
Issue: 1
Volume: 27
Year: 2020
Month: 1
X-DOI: 10.1080/09672567.2019.1635179
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1635179
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Template-Type: ReDIF-Article 1.0
Author-Name: Michael McLure
Author-X-Name-First: Michael
Author-X-Name-Last: McLure
Title: A critical note on the new english title for Walras Éléments
Abstract: 
 Donald Walker and Jan van Daal’s recently translated the 3rd edition of Léon Walras’s Éléments d'économie politique pure under the title Elements of Theoretical Economics, in place of the conventional translation Elements of Pure Economics. This critical note points out that this new English title for Walras’s Éléments is inappropriate because it ignores Walras’s position as founder of the ‘Lausanne school’, with Vilfredo Pareto, as Walras’s successor, embracing Walras’s term ‘pure’ economics and, in his Cours d’économie politique, creating a distinction between pure and applied economics that is inconsistent with the translation of économie politique pure as ‘theoretical economics’.
Journal: The European Journal of the History of Economic Thought
Pages: 45-48
Issue: 1
Volume: 27
Year: 2020
Month: 1
X-DOI: 10.1080/09672567.2019.1651362
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1651362
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Template-Type: ReDIF-Article 1.0
Author-Name: Nikola Regent
Author-X-Name-First: Nikola
Author-X-Name-Last: Regent
Title: Guicciardini and economic (in)equality
Abstract: 
 The article examines several aspects of economic (in)equality in the writings of Francesco Guicciardini. In light of a recent erroneous portrayal of Guicciardini as an advocate of wealthy oligarchs, the article emphasises Guicciardini’s appreciation of the Spartan model of economic equality – even if it is unfeasible in the prevailing Florentine circumstances. Guicciardini, seeking to turn the polity towards the pursuit of virtue, argued for measures which would diminish the esteem for wealth in Florence. Nevertheless, Guicciardini was against heavy taxation of the richer citizens: the argument of the “equality of sacrifice” in taxation (which Guicciardini himself first formulated in writing), and the nuanced answer on this point, which he offers to the proponents of progressive taxation, are examined. The article seeks to explain the prima facie contradiction between Guicciardini’s reverence for the Spartan system and his ‘proto-libertarian’ defence of accumulated property, and the rights of the better-off citizens against expropriation. In both cases, it is argued, Guicciardini’s position is determined by his concern for virtue and the conditions favourable to its pursuit. The article stresses complexity of Guicciardini’s views.
Journal: The European Journal of the History of Economic Thought
Pages: 49-65
Issue: 1
Volume: 27
Year: 2020
Month: 1
X-DOI: 10.1080/09672567.2019.1651360
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1651360
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Template-Type: ReDIF-Article 1.0
Author-Name: Ferdinando Meacci
Author-X-Name-First: Ferdinando
Author-X-Name-Last: Meacci
Title: The distinction between relative and positive profit: Sir James Steuart after Adam Smith and the Classics
Abstract: 
 The distinction between relative and positive profit was put forward by Sir James Steuart in the shortest chapter of his book An Inquiry into the Principles of Political Economy (1767). This distinction has been scarcely noticed in the literature to follow except for some comments made by Marx especially in the initial chapter of his Theories of Surplus Value. The purpose of this paper is to investigate, in an attempt to keep words apart from concepts, whether and to what extent Steuart’s distinction, which is never mentioned in Smith’s Wealth of Nations (in spite of his familiarity with Steuart’s work), is an essential part of Adam Smith’s system of thought. The point of departure for tracing this distinction is, first, Smith’s elementary example of dwelling-houses and profitable buildings; and, then, his more advanced discussion (to be developed by later scholars and in particular by Marx) between the process of circulation (from one individual to another) and the process of production (and reproduction) of national wealth in the light of the two points of view, that of an individual and that of the whole society, on which Smith’s theory of capital is based. This point of departure is used in the paper to trace Steuart’s distinction between relative and positive profit behind the different terminology adopted in the classical literature that followed suit with particular regard to the wage-profit inverse relationship, the competition-of-capitals doctrine and the distinction between value and wealth. Steuart’s own distinction is thus used in the paper to support Ricardo’s conception of the “neat produce” as put forward in his Essay on Profits; as well as to differentiate Ricardo’s theory of rent (as a transfer of existing wealth between different parties rather than as a creation of new wealth) not only from Malthus’s theory (in which the two concepts of rent are mixed up) but also from Smith’s (who used the word rent to convey the former concept in Book I and the latter concept in Book II of the Wealth of Nations).
Journal: The European Journal of the History of Economic Thought
Pages: 66-85
Issue: 1
Volume: 27
Year: 2020
Month: 1
X-DOI: 10.1080/09672567.2019.1651366
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1651366
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Template-Type: ReDIF-Article 1.0
Author-Name: Rémy Guichardaz
Author-X-Name-First: Rémy
Author-X-Name-Last: Guichardaz
Title: The controversy over intellectual property in nineteenth-century France: a comparative analysis between Proudhon and Walras
Abstract: 
 The debate over intellectual property in nineteenth-century France was structured as follows: liberal economists advocated a system of perpetual intellectual property rights, while socialist thinkers called for their total abolition. Between these two extremes, other economists supported a temporary form of intellectual property: in particular, Pierre-Joseph Proudhon and Léon Walras both converged towards this third solution. This article shows that they in fact provide two different analyses of intellectual property rights, which partly overlap with positions in current debates in innovation studies.
Journal: The European Journal of the History of Economic Thought
Pages: 86-107
Issue: 1
Volume: 27
Year: 2020
Month: 1
X-DOI: 10.1080/09672567.2019.1651364
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1651364
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Template-Type: ReDIF-Article 1.0
Author-Name: Marek Hudik
Author-X-Name-First: Marek
Author-X-Name-Last: Hudik
Title: The Marshallian demand curve revisited
Abstract: 
 Did Marshall assume a compensated or an uncompensated demand curve? I argue that it was neither: I show that the Marshallian demand curve is a willingness-to-pay curve derived under the assumption that all prices and income are held constant. This curve approximates both compensated and uncompensated demand curves only if expenditure on the good in question represents a negligible part of the consumer budget. I argue that my interpretation, highlighting the approximate character of Marshall’s approach, provides a more accurate account of the Marshallian demand curve than do alternative interpretations that rely on the utility-maximization framework and mathematical exactness.
Journal: The European Journal of the History of Economic Thought
Pages: 108-130
Issue: 1
Volume: 27
Year: 2020
Month: 1
X-DOI: 10.1080/09672567.2019.1651361
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1651361
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Template-Type: ReDIF-Article 1.0
Author-Name: Lucy Brillant
Author-X-Name-First: Lucy
Author-X-Name-Last: Brillant
Author-Name: Pierre-Hernan Rojas
Author-X-Name-First: Pierre-Hernan
Author-X-Name-Last: Rojas
Title: Central banking under the gold standard: Rist versus Hawtrey on the policy of the bank of France from 1928 to 1931
Abstract: 
 It is widely believed that the difficult return to the gold standard during the 1920s and its demise in 1931 intensified the Great Depression. An interesting way of thinking about national and international monetary mechanisms emerged from the debates between French and British policymakers during those years. We attempt to explain the limited cooperation between the Bank of France and the Bank of England during that period of political tension by examining the monetary thinking of Charles Rist and Ralph George Hawtrey. Both were involved in the controversy over the strategy of the Bank of France, which accumulated – and was accused of sterilizing – gold between 1928 and 1931.
Journal: The European Journal of the History of Economic Thought
Pages: 131-153
Issue: 1
Volume: 27
Year: 2020
Month: 1
X-DOI: 10.1080/09672567.2019.1651363
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1651363
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Template-Type: ReDIF-Article 1.0
Author-Name: Daniela Donnini Macciò
Author-X-Name-First: Daniela
Author-X-Name-Last: Donnini Macciò
Title: Routledge handbook of the history of global economic thought
Journal: The European Journal of the History of Economic Thought
Pages: 154-156
Issue: 1
Volume: 27
Year: 2020
Month: 1
X-DOI: 10.1080/09672567.2020.1720369
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1720369
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Template-Type: ReDIF-Article 1.0
Author-Name: Maria Cristina Marcuzzo
Author-X-Name-First: Maria Cristina
Author-X-Name-Last: Marcuzzo
Title: Luigi L. Pasinetti: An intellectual biography. Leading scholar and system builder of the Cambridge School of Economics
Journal: The European Journal of the History of Economic Thought
Pages: 156-158
Issue: 1
Volume: 27
Year: 2020
Month: 1
X-DOI: 10.1080/09672567.2020.1720367
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1720367
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:1:p:156-158




Template-Type: ReDIF-Article 1.0
Author-Name: Antoin E. Murphy
Author-X-Name-First: Antoin E.
Author-X-Name-Last: Murphy
Title: Calculated values. Finance, politics and the quantitative age
Journal: The European Journal of the History of Economic Thought
Pages: 158-160
Issue: 1
Volume: 27
Year: 2020
Month: 1
X-DOI: 10.1080/09672567.2020.1720363
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1720363
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:1:p:158-160




Template-Type: ReDIF-Article 1.0
Author-Name: Stefan Kolev
Author-X-Name-First: Stefan
Author-X-Name-Last: Kolev
Title: Das Verhältnis von Staat und Ökonomie: Walter Euckens Ordoliberalismus im Angesicht der Schwächung des nationalstaatlichen Regulierungsmonopols
Journal: The European Journal of the History of Economic Thought
Pages: 160-162
Issue: 1
Volume: 27
Year: 2020
Month: 1
X-DOI: 10.1080/09672567.2020.1720364
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1720364
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Template-Type: ReDIF-Article 1.0
Author-Name: Francesco Sergi
Author-X-Name-First: Francesco
Author-X-Name-Last: Sergi
Title: The Standard Narrative about DSGE Models in Central Banks’ Technical Reports
Abstract: 
 Historians of macroeconomics, through the analysis of articles in peer-review journals, pointed out macroeconomists’ propensity to elaborate narratives about the history of their discipline. This article extends the analysis of self-produced narratives to a different genre of literature—namely technical reports on DSGE models published by central banks and other policy-making institutions. This literature adopts a narrative displaying two distinctive characteristics: the emphasis on “consensus” (leading to “better microfoundations”) and on “technical change” (enhancing the “fit” between theory and “facts”). Relying on these two arguments, the narrative told in technical reports conveys a rhetorical argument to legitimize the use of DSGE models in policy institutions.
Journal: The European Journal of the History of Economic Thought
Pages: 163-193
Issue: 2
Volume: 27
Year: 2020
Month: 3
X-DOI: 10.1080/09672567.2019.1651365
File-URL: http://hdl.handle.net/10.1080/09672567.2019.1651365
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Template-Type: ReDIF-Article 1.0
Author-Name: Tony Aspromourgos
Author-X-Name-First: Tony
Author-X-Name-Last: Aspromourgos
Title: Rationalising the supply-and-demand cross, 1838–1890
Abstract: 
 This study takes its bearings from the proposition that the supply-and-demand apparatus of what came to be called the “Marshallian cross” is an unsatisfactory representation of actual supply and demand forces, which are better characterised in the manner of the classical economists. From that point of departure it then enquires into how that representation nevertheless arose in the period from 1838 to 1890, notwithstanding its lack of robustness as economic theory – via consideration of the economics of five key contributors prior to Marshall. The investigation confirms that there is no plausible basis for a general presumption in favour of the conventional rising supply function – other than the marginal productivity theory of factor pricing, which is itself unsatisfactory.
Journal: The European Journal of the History of Economic Thought
Pages: 194-208
Issue: 2
Volume: 27
Year: 2020
Month: 3
X-DOI: 10.1080/09672567.2020.1720766
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1720766
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:2:p:194-208




Template-Type: ReDIF-Article 1.0
Author-Name: John B. Davis
Author-X-Name-First: John B.
Author-X-Name-Last: Davis
Author-Name: Robert McMaster
Author-X-Name-First: Robert
Author-X-Name-Last: McMaster
Title: A road not taken? A brief history of care in economic thought
Abstract: 
 Care is central to the human experience and part of the social provisioning process. Adam Smith recognised this, associating care with sympathy. Later contributions in the political economy tradition also provide scope for an analysis of care, but none as developed as Smith’s. With the emergence of the current mainstream, care is marginalised. Kenneth Boulding’s analysis provides an opportunity to interrogate care in the economy, but he fails to explicitly acknowledge care. It is left to feminist economics to highlight the centrality of care. An implication is that it challenges the conventional rubric of economic organisation predicated on self-interest.
Journal: The European Journal of the History of Economic Thought
Pages: 209-229
Issue: 2
Volume: 27
Year: 2020
Month: 3
X-DOI: 10.1080/09672567.2020.1720767
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1720767
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:2:p:209-229




Template-Type: ReDIF-Article 1.0
Author-Name: Tobias Henschen
Author-X-Name-First: Tobias
Author-X-Name-Last: Henschen
Title: Marx on alienation and employee capital participation
Abstract: 
 The paper aims to show that the theory of alienated labour that Marx develops in his early and still endorses in his mature work is an application of Hegelian dialectics, that the conditions of production in which the alienation of labour is sublated do not coincide with the conditions of production that Marx’s political writings say should characterise post-capitalist societies (i.e. do not coincide with central planning), and that in order for alienated labour to be sublated, it suffices to transfer the means of production to the ownership of workers (to introduce what is nowadays known as ‘employee capital participation’).
Journal: The European Journal of the History of Economic Thought
Pages: 230-247
Issue: 2
Volume: 27
Year: 2020
Month: 3
X-DOI: 10.1080/09672567.2020.1720762
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1720762
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Template-Type: ReDIF-Article 1.0
Author-Name: Alexandre Chirat
Author-X-Name-First: Alexandre
Author-X-Name-Last: Chirat
Title: A reappraisal of Galbraith’s challenge to Consumer Sovereignty: preferences, welfare and the non-neutrality thesis*
Abstract: 
 The aim of the paper is to provide an exegesis of Galbraith’s theory of consumption and the conception of preferences on which it is grounded, which has often been misunderstood. From the point of view of the history of economic thought, this paper sheds new light on the origins of Galbraith’s analysis of consumption. This reappraisal also leads us to show that the latter is bound to a challenge to the Consumer Sovereignty Principle. Consequently, Galbraith’s theory contradicts the logic underlying Welfare Economics. Thanks to this exegesis, I finally explain the rationale behind Galbraith’s endorsement of the thesis of non-neutrality on the problem of value judgments in economics, which is illustrated by his presidential address to the American Economic Association.
Journal: The European Journal of the History of Economic Thought
Pages: 248-275
Issue: 2
Volume: 27
Year: 2020
Month: 3
X-DOI: 10.1080/09672567.2020.1720763
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1720763
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:2:p:248-275




Template-Type: ReDIF-Article 1.0
Author-Name: Paolo Santori
Author-X-Name-First: Paolo
Author-X-Name-Last: Santori
Title: Donum, exchange and common good in Aquinas: the dawn of civil economy
Abstract: 
 This paper explores the role of gift (donum) and common good in Thomas Aquinas’ (c1225–1274) economic teachings. The result is a theory of economic agency, rooted in the concept of mutual assistance (reciprocity), under which Aquinas’ account of just price is considered. The paper also relates Aquinas’ thought to the work of the “civil economist” Antonio Genovesi (1713–1769). Genovesi’s account of the market as a place of virtue and mutual assistance is deeply connected to Thomistic anthropological and economic theses. This would classify Aquinas as a fundamental author for the tradition of civil economy.
Journal: The European Journal of the History of Economic Thought
Pages: 276-297
Issue: 2
Volume: 27
Year: 2020
Month: 3
X-DOI: 10.1080/09672567.2020.1720764
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1720764
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:2:p:276-297




Template-Type: ReDIF-Article 1.0
Author-Name: François Allisson
Author-X-Name-First: François
Author-X-Name-Last: Allisson
Author-Name: Federico D’Onofrio
Author-X-Name-First: Federico
Author-X-Name-Last: D’Onofrio
Author-Name: Danila E. Raskov
Author-X-Name-First: Danila E.
Author-X-Name-Last: Raskov
Author-Name: Leonid D. Shirokorad
Author-X-Name-First: Leonid D.
Author-X-Name-Last: Shirokorad
Title: Marxism before Marxism: Nikolaj Sieber and the birth of Russian social-democracy
Abstract: 
 The Swiss-Russian economist Nikolaj Sieber was one of the first who wrote about Marx in Russia. In this article we reconstruct the development of his thought by mobilising evidence about the intellectual and political context he lived in. We document his involvement within the Ukrainian national movement of the 1870 s and argue that this closeness was consistent with his take on the capitalist evolution of the Russian Empire. We discuss his importance in the Russian debates on the future of the peasant commune and of Russia and conclude that his interpretation of Marx and capitalism was crucial for the development of the Russian social-democratic party.
Journal: The European Journal of the History of Economic Thought
Pages: 298-323
Issue: 2
Volume: 27
Year: 2020
Month: 3
X-DOI: 10.1080/09672567.2020.1720765
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1720765
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:2:p:298-323




Template-Type: ReDIF-Article 1.0
Author-Name: Manuela Mosca
Author-X-Name-First: Manuela
Author-X-Name-Last: Mosca
Title: A brief prehistory of the theory of the firm
Journal: The European Journal of the History of Economic Thought
Pages: 324-325
Issue: 2
Volume: 27
Year: 2020
Month: 3
X-DOI: 10.1080/09672567.2020.1720368
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1720368
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Template-Type: ReDIF-Article 1.0
Author-Name: Pepijn Brandon
Author-X-Name-First: Pepijn
Author-X-Name-Last: Brandon
Title: War in the history of economic thought. Economists and the question of war and Economists and war. A heterodox perspective
Journal: The European Journal of the History of Economic Thought
Pages: 325-327
Issue: 2
Volume: 27
Year: 2020
Month: 3
X-DOI: 10.1080/09672567.2020.1720365
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1720365
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:2:p:325-327




Template-Type: ReDIF-Article 1.0
Author-Name: Simon Guttmann
Author-X-Name-First: Simon
Author-X-Name-Last: Guttmann
Title: A history of Australasian economic thought
Journal: The European Journal of the History of Economic Thought
Pages: 327-329
Issue: 2
Volume: 27
Year: 2020
Month: 3
X-DOI: 10.1080/09672567.2020.1720362
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1720362
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:2:p:327-329




Template-Type: ReDIF-Article 1.0
Author-Name: Adriana Luna-Fabritius
Author-X-Name-First: Adriana
Author-X-Name-Last: Luna-Fabritius
Title: Report on the agrarian law (1795) and other writings
Journal: The European Journal of the History of Economic Thought
Pages: 329-332
Issue: 2
Volume: 27
Year: 2020
Month: 3
X-DOI: 10.1080/09672567.2020.1720366
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1720366
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Template-Type: ReDIF-Article 1.0
Author-Name: Luiz Felipe Bruzzi Curi
Author-X-Name-First: Luiz Felipe
Author-X-Name-Last: Bruzzi Curi
Title: The sovereign consumer: a new intellectual history of neoliberalism
Journal: The European Journal of the History of Economic Thought
Pages: 333-334
Issue: 2
Volume: 27
Year: 2020
Month: 3
X-DOI: 10.1080/09672567.2020.1741924
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1741924
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Template-Type: ReDIF-Article 1.0
Author-Name: Pedro N. Teixeira
Author-X-Name-First: Pedro N.
Author-X-Name-Last: Teixeira
Title: Lionel Robbins on the principles of economic analysis – the 1930s lectures
Journal: The European Journal of the History of Economic Thought
Pages: 335-337
Issue: 2
Volume: 27
Year: 2020
Month: 3
X-DOI: 10.1080/09672567.2020.1741927
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1741927
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Template-Type: ReDIF-Article 1.0
Author-Name: Charles Rose
Author-X-Name-First: Charles
Author-X-Name-Last: Rose
Title: Wilhelm Röpke (1899–1966) a liberal political economist and conservative social philosopher
Journal: The European Journal of the History of Economic Thought
Pages: 337-339
Issue: 2
Volume: 27
Year: 2020
Month: 3
X-DOI: 10.1080/09672567.2020.1741928
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1741928
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Template-Type: ReDIF-Article 1.0
Author-Name: Antoine Missemer
Author-X-Name-First: Antoine
Author-X-Name-Last: Missemer
Title: Wassily Leontief et la science économique
Journal: The European Journal of the History of Economic Thought
Pages: 339-341
Issue: 2
Volume: 27
Year: 2020
Month: 3
X-DOI: 10.1080/09672567.2020.1741929
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1741929
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:2:p:339-341




Template-Type: ReDIF-Article 1.0
Author-Name: Roger Middleton
Author-X-Name-First: Roger
Author-X-Name-Last: Middleton
Title: The value of applied economics: the life and work of Arthur (A.J.) Brown
Journal: The European Journal of the History of Economic Thought
Pages: 341-344
Issue: 2
Volume: 27
Year: 2020
Month: 3
X-DOI: 10.1080/09672567.2020.1741930
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1741930
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:2:p:341-344




Template-Type: ReDIF-Article 1.0
Author-Name: Måns Jansson
Author-X-Name-First: Måns
Author-X-Name-Last: Jansson
Title: La technologie générale: Johann beckmann, entwurf der algemeinen technologie/projet de technologie générale (1806)
Journal: The European Journal of the History of Economic Thought
Pages: 344-346
Issue: 2
Volume: 27
Year: 2020
Month: 3
X-DOI: 10.1080/09672567.2020.1741931
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1741931
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:2:p:344-346




Template-Type: ReDIF-Article 1.0
Author-Name: Germán David Feldman
Author-X-Name-First: Germán David
Author-X-Name-Last: Feldman
Title: Ricardo on money. A reappraisal
Journal: The European Journal of the History of Economic Thought
Pages: 347-350
Issue: 2
Volume: 27
Year: 2020
Month: 3
X-DOI: 10.1080/09672567.2020.1741932
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1741932
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:2:p:347-350




Template-Type: ReDIF-Article 1.0
Author-Name: Mary O’Sullivan
Author-X-Name-First: Mary
Author-X-Name-Last: O’Sullivan
Title: City of debtors: a century of fringe finance
Journal: The European Journal of the History of Economic Thought
Pages: 350-352
Issue: 2
Volume: 27
Year: 2020
Month: 3
X-DOI: 10.1080/09672567.2020.1741933
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1741933
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:2:p:350-352




Template-Type: ReDIF-Article 1.0
Author-Name: Antoin Murphy
Author-X-Name-First: Antoin
Author-X-Name-Last: Murphy
Title: La politique du merveilleux. Une autre histoire du système de law (1695–1795)
Journal: The European Journal of the History of Economic Thought
Pages: 353-356
Issue: 2
Volume: 27
Year: 2020
Month: 3
X-DOI: 10.1080/09672567.2020.1741935
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1741935
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:2:p:353-356




Template-Type: ReDIF-Article 1.0
Author-Name: Davide Gualerzi
Author-X-Name-First: Davide
Author-X-Name-Last: Gualerzi
Title: Development: the re-balancing of economic powers
Journal: The European Journal of the History of Economic Thought
Pages: 356-359
Issue: 2
Volume: 27
Year: 2020
Month: 3
X-DOI: 10.1080/09672567.2020.1741936
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1741936
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:2:p:356-359




Template-Type: ReDIF-Article 1.0
Author-Name: Michel Bellet
Author-X-Name-First: Michel
Author-X-Name-Last: Bellet
Title: Introduction to ‘Economists and Saint-Simonism’
Journal: The European Journal of the History of Economic Thought
Pages: 361-367
Issue: 3
Volume: 27
Year: 2020
Month: 5
X-DOI: 10.1080/09672567.2020.1762343
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1762343
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:3:p:361-367




Template-Type: ReDIF-Article 1.0
Author-Name: Gilles Jacoud
Author-X-Name-First: Gilles
Author-X-Name-Last: Jacoud
Author-Name: Jean-Pierre Potier
Author-X-Name-First: Jean-Pierre
Author-X-Name-Last: Potier
Title: Auguste and Léon Walras and Saint-Simonianism*
Abstract: 
 The French philosopher and economist Henri Saint-Simon (1760–1825) published numerous writings. Upon his death, his disciples endeavoured to pursue the dissemination of his ideas. A large number of great economists took the time to read Saint-Simon and his successors, and to write about them even when they did not share their ideas. It was the case of Auguste Walras (1801–1866) and his son Léon (1834–1910). The paper examines the relationship the two Walras had with the Saint-Simonians, considers their criticism of the Saint-Simonian political economy and economic policy and highlight their adherence to the opposition between idlers and workers.
Journal: The European Journal of the History of Economic Thought
Pages: 368-387
Issue: 3
Volume: 27
Year: 2020
Month: 5
X-DOI: 10.1080/09672567.2020.1750664
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1750664
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:3:p:368-387




Template-Type: ReDIF-Article 1.0
Author-Name: Thierry Demals
Author-X-Name-First: Thierry
Author-X-Name-Last: Demals
Author-Name: Alexandra Hyard
Author-X-Name-First: Alexandra
Author-X-Name-Last: Hyard
Title: Pareto and Saint-Simonianism. The history of a criticism
Abstract: 
 The purpose of this article is to understand Vilfredo Pareto’s reading of the Saint-Simonian system, namely the project of a new social order based on an industrial organisation. Why did Pareto rank this system among modern socialist systems and why did he qualify it as a pseudo-scientific system and nothing more than a religious system? The reason why he perceived Saint-Simonianism as a non-science can be inferred from both pure theory of political economy and the theory of social evolution. The identification of Saint-Simonianism with a religious system probably derives from the first historians and commentators of socialism in the mid-nineteenth century.
Journal: The European Journal of the History of Economic Thought
Pages: 388-409
Issue: 3
Volume: 27
Year: 2020
Month: 5
X-DOI: 10.1080/09672567.2020.1750665
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1750665
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:3:p:388-409




Template-Type: ReDIF-Article 1.0
Author-Name: Ludovic Frobert
Author-X-Name-First: Ludovic
Author-X-Name-Last: Frobert
Title: Industrialism in the mirror: Edward S. Mason, reader of the Saint-Simonians
Abstract: 
 In this article we will first briefly discuss Edward Mason’s biography (I) and then recall his contribution to the birth of the field of Industrial Organisation (II). We then focus on his series of contributions to the study of French socialism, from around 1930 (III), and finally we assess his reading of Saint-Simonianism (IV).
Journal: The European Journal of the History of Economic Thought
Pages: 410-427
Issue: 3
Volume: 27
Year: 2020
Month: 5
X-DOI: 10.1080/09672567.2020.1759667
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1759667
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:3:p:410-427




Template-Type: ReDIF-Article 1.0
Author-Name: Michel Bellet
Author-X-Name-First: Michel
Author-X-Name-Last: Bellet
Author-Name: Adrien Lutz
Author-X-Name-First: Adrien
Author-X-Name-Last: Lutz
Title: Piero Sraffa’s St. Simonian temptations. An examination of the Sraffa Papers
Abstract: 
 Why did Piero Sraffa (1898–1983), one of the most important economists of the 20th century, undertake such a significant—albeit never published—study of the St. Simonian texts? And to what extent does Sraffa’s evident interest underline the continuing relevance of St. Simonism today? This paper seeks to determine the exact parameters of Sraffa’s engagement with the St. Simonian school, and then with Saint-Simon himself, through two particular moments: the first comes in a lecture course that Sraffa, an Italian emigrant, gave in Cambridge from 1929 to 1930; the second concerns an apparent project to publish the works of Saint-Simon, which seemed to have consumed a significant part of Sraffa’s energies from the end of the 1950s into the 1960s. In view of the particular characteristics of these unpublished works, the paper makes some interpretative proposals.
Journal: The European Journal of the History of Economic Thought
Pages: 428-459
Issue: 3
Volume: 27
Year: 2020
Month: 5
X-DOI: 10.1080/09672567.2020.1761852
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1761852
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:3:p:428-459




Template-Type: ReDIF-Article 1.0
Author-Name: Nicolas Brisset
Author-X-Name-First: Nicolas
Author-X-Name-Last: Brisset
Title: Capital and Ideology and Capital et idéologie
Journal: The European Journal of the History of Economic Thought
Pages: 460-462
Issue: 3
Volume: 27
Year: 2020
Month: 5
X-DOI: 10.1080/09672567.2020.1761663
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1761663
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:3:p:460-462




Template-Type: ReDIF-Article 1.0
Author-Name: Federico D’Onofrio
Author-X-Name-First: Federico
Author-X-Name-Last: D’Onofrio
Title: Capitalism, Alone
Journal: The European Journal of the History of Economic Thought
Pages: 463-465
Issue: 3
Volume: 27
Year: 2020
Month: 5
X-DOI: 10.1080/09672567.2020.1761664
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1761664
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:3:p:463-465




Template-Type: ReDIF-Article 1.0
Author-Name: Constantinos Repapis
Author-X-Name-First: Constantinos
Author-X-Name-Last: Repapis
Title: Essays in Keynesian Persuasion
Journal: The European Journal of the History of Economic Thought
Pages: 465-467
Issue: 3
Volume: 27
Year: 2020
Month: 5
X-DOI: 10.1080/09672567.2020.1761667
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1761667
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:3:p:465-467




Template-Type: ReDIF-Article 1.0
Author-Name: Robin Paul Malloy
Author-X-Name-First: Robin Paul
Author-X-Name-Last: Malloy
Title: Adam Smith: Sytematic Philosopher and Public Thinker
Journal: The European Journal of the History of Economic Thought
Pages: 467-468
Issue: 3
Volume: 27
Year: 2020
Month: 5
X-DOI: 10.1080/09672567.2020.1761666
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1761666
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:3:p:467-468




Template-Type: ReDIF-Article 1.0
Author-Name: Biancamaria Fontana
Author-X-Name-First: Biancamaria
Author-X-Name-Last: Fontana
Title: Sophie de Grouchy’s Letters on Sympathy – A Critical Engagement with Adam Smith’s the Theory of Moral Sentiments
Journal: The European Journal of the History of Economic Thought
Pages: 468-470
Issue: 3
Volume: 27
Year: 2020
Month: 5
X-DOI: 10.1080/09672567.2020.1761665
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1761665
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:3:p:468-470




Template-Type: ReDIF-Article 1.0
Author-Name: Saverio M. Fratini
Author-X-Name-First: Saverio M.
Author-X-Name-Last: Fratini
Title: Is Marx's absolute rent due to a monopoly price?
Abstract: 
 Absolute rent, in Marx's view, has an upper limit represented by the difference between the value and the price of production of agricultural commodities. The relevance of this limit was questioned by Bortkiewicz because of the difficulties concerning the argument which Marx based it on. The lack of this upper limit prompted some scholars to claim that there is no difference between absolute rent and a rent paid by a monopoly price. Referring to the classical/Marxian theory of monopoly price, we shall argue that it is still possible to distinguish absolute rent from a rent due to a monopoly price.
Journal: The European Journal of the History of Economic Thought
Pages: 961-985
Issue: 5
Volume: 25
Year: 2018
Month: 9
X-DOI: 10.1080/09672567.2018.1449879
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1449879
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:5:p:961-985




Template-Type: ReDIF-Article 1.0
Author-Name: Kenji Mori
Author-X-Name-First: Kenji
Author-X-Name-Last: Mori
Title: New aspects of Marx's economic theory in MEGA: Marx's original six-sector model
Abstract: 
 Marx's Reproduction Scheme is widely known as one of the first two-sector economic models in the history of economic theories. However, a close investigation into Marx's original shows that his multi-sectoral analysis contains not (only) two-sector models but six-sector ones, which were totally omitted by Engels in his editing the manuscripts for Capital, Volume II. Taking up two interesting theoretical episodes in the ignored six-sector analysis, this paper attempts to make sense of Marx's treatment on the price of production and the dynamic process of traverse between two equilibria.
Journal: The European Journal of the History of Economic Thought
Pages: 893-911
Issue: 5
Volume: 25
Year: 2018
Month: 9
X-DOI: 10.1080/09672567.2018.1456556
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1456556
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:5:p:893-911




Template-Type: ReDIF-Article 1.0
Author-Name: Christian Gehrke
Author-X-Name-First: Christian
Author-X-Name-Last: Gehrke
Title: Marx’s reproduction schemes and multi-sector growth models
Abstract: 
 This paper provides a critical discussion of Marx’s analysis of simple reproduction, of reproduction on an extended scale, and of the transition from simple to extended reproduction. It challenges various interpretations of Marx’s analysis based on steady-state growth models. By referring to Marx’s original manuscripts on the reproduction schemes, the paper shows that Marx, due to erroneous calculations, never arrived at schemes of reproduction on an extended scale that exhibit steady-state growth. Moreover, it is suggested that Marx identified reproduction on an extended scale with an expansion path of undisturbed capital accumulation, irrespective of whether the latter proceeds in a steady or non-steady manner.
Journal: The European Journal of the History of Economic Thought
Pages: 859-892
Issue: 5
Volume: 25
Year: 2018
Month: 9
X-DOI: 10.1080/09672567.2018.1475500
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1475500
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:5:p:859-892




Template-Type: ReDIF-Article 1.0
Author-Name: David Andrews
Author-X-Name-First: David
Author-X-Name-Last: Andrews
Title: Error or absurdity? A non-cognitive approach to commodity fetishism
Abstract: 
 Karl Marx presented his theory of commodity fetishism as an explanation of the mysterious appearance of social relations in a system of commodity production as natural phenomena. The standard interpretation of this as a failure to perceive capitalist social relations correctly depends on a particular modern sense of ‘natural’. If classical political economy and Marx used ‘natural’ in the Aristotelian sense, commodity fetishism appears quite differently: not as a cognitive error but rather as a manner of living under commodity production, one that is not wrong but absurd, the word fetishism tying commodity production to pre-Enlightenment, preliterate peoples.
Journal: The European Journal of the History of Economic Thought
Pages: 738-755
Issue: 5
Volume: 25
Year: 2018
Month: 9
X-DOI: 10.1080/09672567.2018.1475501
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1475501
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:5:p:738-755




Template-Type: ReDIF-Article 1.0
Author-Name: Kenji Mori
Author-X-Name-First: Kenji
Author-X-Name-Last: Mori
Title: The Books of Crisis and Tooke–Newmarch excerpts: a new aspect of Marx's crisis theory in MEGA
Abstract: 
 The paper explores a new aspect of the development of the Books of Crisis: the fact that Marx’s empirical research on the 1857 crisis in these notebooks was undertaken as the direct continuation of his study of Thomas Tooke and William Newmarch's A History of Prices. Our investigation will provide clues to better understand the structure and contents of the documents. Particularly, we provide new evidence for why Marx started his research on the 1857 crisis with the French economy, which managed to steer clear of the crisis, rather than with England, which was already acutely affected by it.
Journal: The European Journal of the History of Economic Thought
Pages: 912-925
Issue: 5
Volume: 25
Year: 2018
Month: 9
X-DOI: 10.1080/09672567.2018.1475502
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1475502
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:5:p:912-925




Template-Type: ReDIF-Article 1.0
Author-Name: Rodolphe Dos Santos Ferreira
Author-X-Name-First: Rodolphe
Author-X-Name-Last: Dos Santos Ferreira
Author-Name: Ragip Ege
Author-X-Name-First: Ragip
Author-X-Name-Last: Ege
Title: The employment contract with externalised costs: the avatars of Marxian exploitation
Abstract: 
 The paper pursues two aims. The first is to argue that the foundation of Marx’s theory of capitalist exploitation is to be found, not in the labour theory of value, but rather in the contract of employment, the legal frame of the capital-labour relation. The second is to suggest that the partial externalisation of the reproduction cost of labour power has been an important source of relative surplus value, along with the productivity increase, emphasised by Marx, in the industries supplying wage goods.
Journal: The European Journal of the History of Economic Thought
Pages: 1081-1093
Issue: 5
Volume: 25
Year: 2018
Month: 9
X-DOI: 10.1080/09672567.2018.1481988
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1481988
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:5:p:1081-1093




Template-Type: ReDIF-Article 1.0
Author-Name: Rebeca Gomez Betancourt
Author-X-Name-First: Rebeca
Author-X-Name-Last: Gomez Betancourt
Author-Name: Matari Pierre Manigat
Author-X-Name-First: Matari
Author-X-Name-Last: Pierre Manigat
Title: James Steuart and the making of Karl Marx’s monetary thought
Abstract: 
 This paper analyses the influence of James Steuart on Karl Marx’s monetary thought. It deals more specifically with Marx’s rejection of an automatic mechanism that links variations in the quantity of money to their direct impact on prices. Steuart’s pioneering discoveries in economics inaugurate an anti-quantity theory tradition that Marx supported and which fed his own conception of money and credit. Here, we deal with the criticism of the assumptions of the quantity theory of money (QTM), the specifically social character of labour which creates exchange value, the distinction between the functions of money, the difference between income spending and capital advances, and the difference between simple circulation and reflux of money credit.
Journal: The European Journal of the History of Economic Thought
Pages: 1022-1051
Issue: 5
Volume: 25
Year: 2018
Month: 9
X-DOI: 10.1080/09672567.2018.1482938
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1482938
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Template-Type: ReDIF-Article 1.0
Author-Name: Zacharias Zoubir
Author-X-Name-First: Zacharias
Author-X-Name-Last: Zoubir
Title: “Alienation” and critique in Marx’s manuscripts of 1857–58 (“Grundrisse”)
Abstract: 
 The debate on alienation in Marx has either tended to neglect Marx's manuscripts of 1857-58 (“Grundrisse”) or has failed to provide a detailed account of that terminology in this text. This article is a philological contribution to this debate, i.e. an immanent reading of alienation in the Grundrisse with a systematic textual basis. By providing a general overview of how Marx uses terms like “alienation” (Entfremdung), “to alienate” (entfremden), “alien” (fremd), “alien character” (Fremdartigkeit) and the close yet distinct “externalisation” (Entäuβerung) in the Grundrisse, we set out to show precisely how the meanings and functions of this terminology can be distinguished from alienation in the so-called “Economic and Philosophical Manuscripts of 1844” (EPM). Indeed, in the EPM, the concept of alienation refers to the inhibition of Man’s generic forces by private property. There, it is thus a philosophical standpoint external to economic phenomena. In the Grundrisse, by contrast, the concept delineates three dimensions of the social and historical determination of these phenomena. First, the subordination of workers or independent producers to capital or money; second, the constitution of capital or money into independent social relations; third, the transcending character of the social reality hence produced. Nevertheless, a certain aspect of the system of alienation outlined in the EPM is taken up again in the Grundrisse: the idea that alienation calls for the integration of that which has been alienated (the productive forces) into the alienated subject (the producers).
Journal: The European Journal of the History of Economic Thought
Pages: 710-737
Issue: 5
Volume: 25
Year: 2018
Month: 9
X-DOI: 10.1080/09672567.2018.1523935
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1523935
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Template-Type: ReDIF-Article 1.0
Author-Name: Susumu Takenaga
Author-X-Name-First: Susumu
Author-X-Name-Last: Takenaga
Title: Marx on rent: new insights from the new MEGA
Abstract: 
 Marx’s theory of rent is usually regarded to be represented in the text of Part VI of Book III of Capital, which was originally a chapter in his manuscript written in 1865 on the basis of the manuscript of 1861–1863, into which the theory of rent slipped by accident in the course of its writing. The present article elucidates such particular circumstances relating to the making of Marx’s theory of rent composed of two forms, differential and absolute, based on the new MEGA volumes. Special attention is paid to Liebig’s agro-chemistry, which considerably influenced Marx’s view on modern agriculture.
Journal: The European Journal of the History of Economic Thought
Pages: 926-960
Issue: 5
Volume: 25
Year: 2018
Month: 9
X-DOI: 10.1080/09672567.2018.1523936
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1523936
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Template-Type: ReDIF-Article 1.0
Author-Name: Heinz D. Kurz
Author-X-Name-First: Heinz D.
Author-X-Name-Last: Kurz
Title: Will the MEGA2 edition be a watershed in interpreting Marx?
Abstract: 
 The MEGA2 edition is a watershed in interpreting important aspects of Marx’s oeuvre, but not all of them. It provides hints as to why Marx failed to complete his magnum opus, Capital, and informs about his doubts regarding the “law of motion” of capitalism centred on the “law of the falling tendency of the rate of profit” he was keen to establish.
Journal: The European Journal of the History of Economic Thought
Pages: 783-807
Issue: 5
Volume: 25
Year: 2018
Month: 9
X-DOI: 10.1080/09672567.2018.1523937
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1523937
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:5:p:783-807




Template-Type: ReDIF-Article 1.0
Author-Name: Michael V. White
Author-X-Name-First: Michael V.
Author-X-Name-Last: White
Title: Searching for New Jerusalems: P.H. Wicksteed’s “Jevonian” critique of Marx’s Capital
Abstract: 
 In 1884, P.H. Wicksteed published a critique of the first volume of Marx’s Capital, the first detailed analytical encounter in English between Marx’s value theory and the new discourse of “marginalism”. In revisiting that episode, this article has three principal objectives. The first is to show how Wicksteed developed his understanding of political economy, as he moved from initially following Henry George’s Progress and Poverty. The second is to examine why Wicksteed’s defence of George necessitated criticizing the Marxist Social Democratic Federation. The third is to show that Wicksteed’s criticisms of Marx were simply incorrect.
Journal: The European Journal of the History of Economic Thought
Pages: 1113-1153
Issue: 5
Volume: 25
Year: 2018
Month: 9
X-DOI: 10.1080/09672567.2018.1523938
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1523938
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:5:p:1113-1153




Template-Type: ReDIF-Article 1.0
Author-Name: Wilfried Parys
Author-X-Name-First: Wilfried
Author-X-Name-Last: Parys
Title: Labour values and energy values: some developments on the common substance of value since 1867
Abstract: 
 Marx’s Das Kapital (1867) singled out labour as the common substance of value in all commodities. Costanza (1980) in Science chose energy and propagated energy values (a century after Engels criticised Podolinsky on energy). Mainstream economists quickly questioned Marx’s logic. Pareto advocated simultaneous equations, unaware of their use by Mühlpfordt and Dmitriev. Contributions by Charasoff and Potron were also overlooked. Already in 1927, Leontief and Sraffa knew how to replace labour values by other commodity values. Generalising Sraffa’s subsystems and using “percentage formulas” for price-value deviations, I discuss some empirical results for labour or energy theories of value.
Journal: The European Journal of the History of Economic Thought
Pages: 1052-1080
Issue: 5
Volume: 25
Year: 2018
Month: 9
X-DOI: 10.1080/09672567.2018.1523939
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1523939
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Template-Type: ReDIF-Article 1.0
Author-Name: Izumi Omura
Author-X-Name-First: Izumi
Author-X-Name-Last: Omura
Title: Re-examining the authorship of the Feuerbach chapter in The German Ideology on the basis of a hypothesis of dictation
Abstract: 
 In the Feuerbach manuscripts, the core theses of the materialist conception of history were documented for the first time. Most of the handwriting of the manuscripts belongs to Engels. But later Engels repeatedly stated that the first discoverer of this conception is Marx, not him. This is a contradiction. This contradiction had been discussed for nearly a century, but it has not led scholars to a common result. Why? In my opinion, it was because no one, including the former and new MEGA editors, ever attempted to examine a very important problem, namely, the possibility that the Feuerbach manuscripts could have been dictated by Marx and written by Engels. If this possibility existed really, no contradiction will remain.
Journal: The European Journal of the History of Economic Thought
Pages: 808-832
Issue: 5
Volume: 25
Year: 2018
Month: 9
X-DOI: 10.1080/09672567.2018.1523940
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1523940
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:5:p:808-832




Template-Type: ReDIF-Article 1.0
Author-Name: Carlo Benetti
Author-X-Name-First: Carlo
Author-X-Name-Last: Benetti
Author-Name: Alain Béraud
Author-X-Name-First: Alain
Author-X-Name-Last: Béraud
Author-Name: Edith Klimovsky
Author-X-Name-First: Edith
Author-X-Name-Last: Klimovsky
Author-Name: Antoine Rebeyrol
Author-X-Name-First: Antoine
Author-X-Name-Last: Rebeyrol
Title: Use values and exchange values in Marx’s extended reproduction schemes
Abstract: 
 Marx-Engels’ numerical illustrations of the extended reproduction suggest that a two-sector economy reaches a balanced growth path, from the second period onwards. We explain this surprising result and show that for technical reasons, disproportions between sectors can prevent the system from reproducing itself. But, in Marx’s reproduction schemes, such a crisis is not only due to purely technical factors and one must wonder what role is played by the relative price in the reproduction of the system. The answer is given by comparing two models having a similar structure but quite different rules for the determination of the relative price. In Marx’s model, the price is given by the labour values and thus, it is exogenously fixed. We contrast Marx’s analysis with an endogenous price model in which the price depends on the conditions of the accumulation of capital. The Appendices point out the complete accordance of Engels’ corrections with Marx’s model and Marx’s unfruitful quest for a balanced growth path as a tool for the analysis of crises.
Journal: The European Journal of the History of Economic Thought
Pages: 986-1021
Issue: 5
Volume: 25
Year: 2018
Month: 9
X-DOI: 10.1080/09672567.2018.1523941
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1523941
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Template-Type: ReDIF-Article 1.0
Author-Name: Herbert De Vriese
Author-X-Name-First: Herbert
Author-X-Name-Last: De Vriese
Title: Not a man of solid principles. The relevance of Edgar Bauer’s polemical portrait of Karl Marx in his 1843 novella Es leben feste Grundsätze!
Abstract: 
 The protagonist of Edgar Bauer’s 1843 novella Es leben feste Grundsätze! is a young intellectual named “Karl”. It can hardly be doubted that Bauer’s novella is a polemical character study of Karl Marx: the rather demeaning picture of “Herr Karl” belongs to the heat of controversy between Marx and die Freien, the Berlin Young Hegelians, after the end of their participation in the Rheinische Zeitung in late autumn 1842. So far, Bauer’s novella has never been used as a potential source to shed light on the deeper causes of animosity between Marx and die Freien.
Journal: The European Journal of the History of Economic Thought
Pages: 679-709
Issue: 5
Volume: 25
Year: 2018
Month: 9
X-DOI: 10.1080/09672567.2018.1523942
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1523942
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:5:p:679-709




Template-Type: ReDIF-Article 1.0
Author-Name: Nicolas Eyguesier
Author-X-Name-First: Nicolas
Author-X-Name-Last: Eyguesier
Title: Marx, primitive accumulation, and the impact of Sismondi
Abstract: 
 This article re-examines Marx’s well-known concept of “primitive accumulation” in relation to Marx’s successive attempts to give a historical explanation for the birth of “capitalism”. Marx formulated this concept for the first time in Value, Price, and Profit (1865), and extrapolated upon it further in the first edition of the first volume of Capital (1867). It signified an appreciable alteration to Marx’s original historical theory. Indeed, in his writings, preceding the publication of volume 1 of Capital, such as The Communist Manifesto or The German Ideology, Marx had presented a more straightforwardly linear conception of the evolution of human society, consisting of various stages, “capitalism” being the penultimate stage, and “communism”, the last. Within this framework, the most advanced nations, such as Great Britain and Germany, were assumed to be those closest to being on the pre-revolutionary cusp of realising socialism. However, from the publication of volume 1 of Capital onwards, Marx embraced a less deterministic conception of progress, focussing more than previously on economically backwards countries or societies “at the margins” (Anderson 2010) and envisaging for them possibilities for historical development that did not inevitably entail the sort of industrialisation that Great Britain had experienced. This was particularly true regarding Russia, where volume 1 of Capital was welcomed and discussed precisely in light of these questions, as has been underscored by many scholars, notably Shanin, Wada, White, and Stedman Jones.
Journal: The European Journal of the History of Economic Thought
Pages: 833-858
Issue: 5
Volume: 25
Year: 2018
Month: 9
X-DOI: 10.1080/09672567.2018.1523943
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1523943
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Template-Type: ReDIF-Article 1.0
Author-Name: Regina Roth
Author-X-Name-First: Regina
Author-X-Name-Last: Roth
Title: Concepts in examining the legacy of Karl Marx
Abstract: 
 The editorial work on the Marx-Engels-Gesamtausgabe (MEGA) indicates that there is no finished masterpiece of Capital, and it reveals that the earlier economic manuscripts are far from being only “preparatory studies” culminating in Capital. To learn more about Marx’ process of research, it is useful to consult all his manuscripts, letters and notebooks. The critical edition focusses on the connections between different passages in all of them; modern technologies offer new possibilities to visualize these connections. This article will present a survey on material presented by MEGA in print and online, and highlight some features and results of MEGAdigital.
Journal: The European Journal of the History of Economic Thought
Pages: 756-782
Issue: 5
Volume: 25
Year: 2018
Month: 9
X-DOI: 10.1080/09672567.2018.1524504
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1524504
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:5:p:756-782




Template-Type: ReDIF-Article 1.0
Author-Name: Michel Bellet
Author-X-Name-First: Michel
Author-X-Name-Last: Bellet
Title: The reception of Marx in France: La Revue Socialiste (1885–1914)
Abstract: 
 The aim of the present article is to provide context to reading, interpreting and using Marx from 1885 to 1914 in La Revue Socialiste, the main journal of socialist movements in France. The article first states some quantitative elements on the absolute and relative importance of the references to Marx and the words “Marxism” and “Marxist” in the journal. The central editorial line of the review – to restore a French descent to socialism and to try to found a socialism not exclusively “Marxist” – is then analysed. This line is maintained over time, with variations, in different national and international contexts. Finally, three key economic themes defining the relation to Marx in the journal are presented. Based on this quantitative and qualitative analysis, a brief conclusion stresses some of the most specific aspects of the socialist reception of Marx in France before WWI.
Journal: The European Journal of the History of Economic Thought
Pages: 1154-1199
Issue: 5
Volume: 25
Year: 2018
Month: 9
X-DOI: 10.1080/09672567.2018.1527857
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1527857
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:5:p:1154-1199




Template-Type: ReDIF-Article 1.0
Author-Name: Michaël Assous
Author-X-Name-First: Michaël
Author-X-Name-Last: Assous
Author-Name: Antonin Pottier
Author-X-Name-First: Antonin
Author-X-Name-Last: Pottier
Title: Marx and Kalecki on aggregate instability and class struggle
Abstract: 
 Michal Kalecki developed his original model of the business cycle in the early 1930s. Several versions referred as versions I, II and III have been developed until the late 1960s from which Kalecki draw three central propositions on instability and class struggle: (1) the capitalist system “cannot break the impasse of fluctuations around a static position” unless it is shocked by “semi-exogenous factors”, (2) the dynamics of the profit rate and investment – as in version I and II – may be disconnected from “class struggle” and (3) when class struggle impacts the dynamics of the economy – as in version III – this is happening in a context in which expected profitability of new investment projects is negatively related to the profit share. In this article, we want to show that each of these three proposals represents key differences with Marx.
Journal: The European Journal of the History of Economic Thought
Pages: 1094-1112
Issue: 5
Volume: 25
Year: 2018
Month: 9
X-DOI: 10.1080/09672567.2018.1527858
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1527858
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:5:p:1094-1112




Template-Type: ReDIF-Article 1.0
Author-Name: Gilbert Faccarello
Author-X-Name-First: Gilbert
Author-X-Name-Last: Faccarello
Author-Name: Heinz D. Kurz
Author-X-Name-First: Heinz D.
Author-X-Name-Last: Kurz
Title: ‘Marx at 200’: introductory remarks
Journal: The European Journal of the History of Economic Thought
Pages: 665-678
Issue: 5
Volume: 25
Year: 2018
Month: 9
X-DOI: 10.1080/09672567.2018.1545338
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1545338
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:5:p:665-678




Template-Type: ReDIF-Article 1.0
Author-Name: Carlos Eduardo Suprinyak
Author-X-Name-First: Carlos Eduardo
Author-X-Name-Last: Suprinyak
Author-Name: Thiago Dumont Oliveira
Author-X-Name-First: Thiago Dumont
Author-X-Name-Last: Oliveira
Title: Economists, social scientists, and the reconstruction of the world order in interwar Britain
Abstract: 
 The early decades of the 20th century witnessed much discussion about the separation between positive and normative analysis, and the legitimacy of the prescriptive claims often advanced by social scientists. The paper investigates British debates about the reconstruction of the world order as a topic that brought together social analysts with very different backgrounds, and had the LSE as one of its focal points. The urgency of international politics at the time made it more difficult to sustain a clear distinction between positive analysis and policy prescription. To Lionel Robbins, the topic belonged to the applied domain of political economy.
Journal: The European Journal of the History of Economic Thought
Pages: 1282-1310
Issue: 6
Volume: 25
Year: 2018
Month: 11
X-DOI: 10.1080/09672567.2018.1475499
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1475499
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:6:p:1282-1310




Template-Type: ReDIF-Article 1.0
Author-Name: Tony Aspromourgos
Author-X-Name-First: Tony
Author-X-Name-Last: Aspromourgos
Title: Peter Diderik Groenewegen, 1939–2018
Journal: The European Journal of the History of Economic Thought
Pages: 1537-1543
Issue: 6
Volume: 25
Year: 2018
Month: 11
X-DOI: 10.1080/09672567.2018.1522853
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1522853
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:6:p:1537-1543




Template-Type: ReDIF-Article 1.0
Author-Name: Hans-Michael Trautwein
Author-X-Name-First: Hans-Michael
Author-X-Name-Last: Trautwein
Author-Name: Guido Erreygers
Author-X-Name-First: Guido
Author-X-Name-Last: Erreygers
Title: Introduction
Journal: The European Journal of the History of Economic Thought
Pages: 1201-1205
Issue: 6
Volume: 25
Year: 2018
Month: 11
X-DOI: 10.1080/09672567.2018.1522855
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1522855
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:6:p:1201-1205




Template-Type: ReDIF-Article 1.0
Author-Name: Christian Gehrke
Author-X-Name-First: Christian
Author-X-Name-Last: Gehrke
Author-Name: Erik Buyst
Author-X-Name-First: Erik
Author-X-Name-Last: Buyst
Author-Name: Heinz D. Kurz
Author-X-Name-First: Heinz D.
Author-X-Name-Last: Kurz
Author-Name: Bertram Schefold
Author-X-Name-First: Bertram
Author-X-Name-Last: Schefold
Author-Name: Richard Sturn
Author-X-Name-First: Richard
Author-X-Name-Last: Sturn
Author-Name: Joel Mokyr
Author-X-Name-First: Joel
Author-X-Name-Last: Mokyr
Title: Joel Mokyr’s A Culture of Growth: a book roundtable
Journal: The European Journal of the History of Economic Thought
Pages: 1493-1536
Issue: 6
Volume: 25
Year: 2018
Month: 11
X-DOI: 10.1080/09672567.2018.1522861
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1522861
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:6:p:1493-1536




Template-Type: ReDIF-Article 1.0
Author-Name: Esther-Mirjam Sent
Author-X-Name-First: Esther-Mirjam
Author-X-Name-Last: Sent
Title: Rationality and bounded rationality: you can’t have one without the other
Abstract: 
 This article compares and contrasts the various perspectives on rationality and bounded rationality, and in doing so, advances two claims. The central one is that the definition of rationality depends on bounded rationality. This is reminiscent of debates in philosophy concerning the definition of concepts in terms of their opposites, which has led to efforts to destabilise dichotomies. In addition, as argued in this article, there is a related connection between the (bounded) rationality of economists and the agents they study.
Journal: The European Journal of the History of Economic Thought
Pages: 1370-1386
Issue: 6
Volume: 25
Year: 2018
Month: 11
X-DOI: 10.1080/09672567.2018.1523206
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1523206
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:6:p:1370-1386




Template-Type: ReDIF-Article 1.0
Author-Name: Guilhem Lecouteux
Author-X-Name-First: Guilhem
Author-X-Name-Last: Lecouteux
Title: Bayesian game theorists and non-Bayesian players
Abstract: 
 Bayesian game theorists claim to represent players as Bayes rational agents, maximising their expected utility given their beliefs about the choices of other players. I argue that this narrative is inconsistent with the formal structure of Bayesian game theory. This is because (i) the assumption of common belief in rationality is equivalent to equilibrium play, as in classical game theory, and (ii) the players' prior beliefs are a mere mathematical artefact and not actual beliefs held by the players. Bayesian game theory is thus a Bayesian representation of the choice of players who are committed to play equilibrium strategy profiles.
Journal: The European Journal of the History of Economic Thought
Pages: 1420-1454
Issue: 6
Volume: 25
Year: 2018
Month: 11
X-DOI: 10.1080/09672567.2018.1523207
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1523207
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:6:p:1420-1454




Template-Type: ReDIF-Article 1.0
Author-Name: Angela Ambrosino
Author-X-Name-First: Angela
Author-X-Name-Last: Ambrosino
Author-Name: Stefano Fiori
Author-X-Name-First: Stefano
Author-X-Name-Last: Fiori
Title: Ideologies and beliefs in Douglass North’s theory
Abstract: 
 This article argues that North does not conceptualise the difference between ideologies as shared beliefs, which arise from shared mental models in consequence of bottom-up processes, and ideologies as views which stimulate top-down institutional processes, by means of which informal norms and existing beliefs are re-oriented. Top-down processes are possible because shared beliefs are characterised by variety and malleability, rather than by a (homogeneous) “cultural heritage”. Although in North’s theory the reciprocal influence between informal and formal norms is interpretable as an alternation of bottom-up and top-down processes, he does not develop this perspective.
Journal: The European Journal of the History of Economic Thought
Pages: 1342-1369
Issue: 6
Volume: 25
Year: 2018
Month: 11
X-DOI: 10.1080/09672567.2018.1523209
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1523209
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:6:p:1342-1369




Template-Type: ReDIF-Article 1.0
Author-Name: Carlo Zappia
Author-X-Name-First: Carlo
Author-X-Name-Last: Zappia
Title: Rationality under uncertainty: classic and current criticisms of the Bayesian viewpoint
Abstract: 
 At least since Leonard Savage’s extension of von Neumann and Morgenstern’s expected utility, rational choice theory has been interpreted as a theory prescribing what individuals should do in any decision context, ranging from certainty to risk and uncertainty. After decades this received view, usually termed Bayesian, has been criticized for its normative content. This paper compares the current critique of the notion of Bayesian rationality, proposed by Itzhak Gilboa, with Daniel Ellsberg’s classic critique of Savage’s understanding of rationality. The paper argues that Ellsberg’s classic analysis of Savage’s theory totally anticipated today’s criticism.
Journal: The European Journal of the History of Economic Thought
Pages: 1387-1419
Issue: 6
Volume: 25
Year: 2018
Month: 11
X-DOI: 10.1080/09672567.2018.1523210
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1523210
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:6:p:1387-1419




Template-Type: ReDIF-Article 1.0
Author-Name: Erik S. Reinert
Author-X-Name-First: Erik S.
Author-X-Name-Last: Reinert
Author-Name: Fernanda A. Reinert
Author-X-Name-First: Fernanda A.
Author-X-Name-Last: Reinert
Title: 33 Economic Bestsellers published before 1750
Abstract: 
 This article looks at 33 economics books that were published before 1750 and appeared in ten editions or more before 1850. This is a period – before Physiocracy and before the works of Adam Smith – which has been largely neglected in the history of economic thought. The article sheds new light on the early bestselling contributions of German and Italian economists, and on an internationally famous Spanish economist at the time. Also of interest is that three of the bestselling English economists of the period are so forgotten that they do not even have an entry in Wikipedia.
Journal: The European Journal of the History of Economic Thought
Pages: 1206-1263
Issue: 6
Volume: 25
Year: 2018
Month: 11
X-DOI: 10.1080/09672567.2018.1523211
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1523211
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Template-Type: ReDIF-Article 1.0
Author-Name: Carlo Cristiano
Author-X-Name-First: Carlo
Author-X-Name-Last: Cristiano
Author-Name: Paolo Paesani
Author-X-Name-First: Paolo
Author-X-Name-Last: Paesani
Title: Monetary policy and price stability in British post-war debate: restatement of evidence from economists’ papers presented to the Radcliffe Committee
Abstract: 
 The article reconstructs the opinions expressed by academic economists in front of the Radcliffe Committee, whose Report was a document of considerable importance for the post-war theory of monetary policy. The Committee provided one of the first official occasions to discuss the nexus between inflation and unemployment in Britain and the role of monetary policy in achieving price stability. Analyzing the Report, the Memoranda and the Minutes of evidence put forth in front of the Committee, the article documents the innovative aspects of the Radcliffe doctrine on monetary issues and its complex connections with Keynesian and Post-Keynesian monetary theory.
Journal: The European Journal of the History of Economic Thought
Pages: 1311-1341
Issue: 6
Volume: 25
Year: 2018
Month: 11
X-DOI: 10.1080/09672567.2018.1523444
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1523444
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Handle: RePEc:taf:eujhet:v:25:y:2018:i:6:p:1311-1341




Template-Type: ReDIF-Article 1.0
Author-Name: Nicolas Vallois
Author-X-Name-First: Nicolas
Author-X-Name-Last: Vallois
Author-Name: Dorian Jullien
Author-X-Name-First: Dorian
Author-X-Name-Last: Jullien
Title: A history of statistical methods in experimental economics
Abstract: 
 Statistics is a minor topic in historical and methodological writings on experimental economics. This article aims to address this lacuna. To do so, we conduct a quantitative analysis of papers published in the 1970–2010 period. We also provide qualitative insights through comparisons with econometrics and psychology. Our results reveal a significant change in experimental economics’s statistical methods, namely an evolution from purely descriptive methods to more sophisticated and standardized techniques. We highlight that, by contrast with psychology and econometrics, this evolution was not accompanied with explicit methodological discussions about the role of statistics in empirical research.
Journal: The European Journal of the History of Economic Thought
Pages: 1455-1492
Issue: 6
Volume: 25
Year: 2018
Month: 11
X-DOI: 10.1080/09672567.2018.1523445
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1523445
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Template-Type: ReDIF-Article 1.0
Author-Name: Robert W. Dimand
Author-X-Name-First: Robert W.
Author-X-Name-Last: Dimand
Title: Adam Smith on Portuguese wine and English cloth
Abstract: 
 Half a century before David Ricardo’s famous numerical example of the exchange of Portuguese wine for English cloth under the Methuen Treaty as illustrating trade creation and comparative advantage, Adam Smith denounced the Methuen Treaty as an instance of trade diversion, displacing British imports of French wines with higher cost, lower quality Portuguese wines. Relying on his argument that the division of labour is limited by the extent of the market, Smith insisted that a treaty of commerce with France would be more beneficial, and supported Eden’s Treaty (1786). Smith also rejected the argument of Cantillon and mercantilists that the exchange of English cloth for Portuguese wine benefitted Britain by bringing in gold and silver, arguing that an excess demand for precious metals in Britain would by itself cause an inflow of gold and silver. Smith’s critique of the Methuen Treaty and his posing of the question of which commercial treaties would be trade-creating rather than trade-diverting have been largely overlooked.
Journal: The European Journal of the History of Economic Thought
Pages: 1264-1281
Issue: 6
Volume: 25
Year: 2018
Month: 11
X-DOI: 10.1080/09672567.2018.1559339
File-URL: http://hdl.handle.net/10.1080/09672567.2018.1559339
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Template-Type: ReDIF-Article 1.0
Author-Name: Sylvie Rivot
Author-X-Name-First: Sylvie
Author-X-Name-Last: Rivot
Author-Name: Hans-Michael Trautwein
Author-X-Name-First: Hans-Michael
Author-X-Name-Last: Trautwein
Title: Macroeconomic statics and dynamics in a historical perspective
Journal: The European Journal of the History of Economic Thought
Pages: 471-475
Issue: 4
Volume: 27
Year: 2020
Month: 7
X-DOI: 10.1080/09672567.2020.1780750
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1780750
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:4:p:471-475




Template-Type: ReDIF-Article 1.0
Author-Name: John Berdell
Author-X-Name-First: John
Author-X-Name-Last: Berdell
Author-Name: José M. Menudo
Author-X-Name-First: José M.
Author-X-Name-Last: Menudo
Title: Richard Cantillon’s stabilizing market dynamics
Abstract: 
 We consider a dynamic input output model that represents important aspects of Richard Cantillon’s discussion of economic structure and market dynamics. Merchants and inventories determine prices that diverge from (longer run) equilibrium. We contrast this stable formulation of price determination with an unstable benchmark specification in which variations in mercantile inventories play no role. Appreciated the stabilising properties of classical dynamics but did not isolate the influence of inventory behaviour. We briefly consider the role of inventories in macroeconomics, and note that balance sheet effects have rendered credit dislocations considerably more persistent than they were in Cantillon’s day.
Journal: The European Journal of the History of Economic Thought
Pages: 476-499
Issue: 4
Volume: 27
Year: 2020
Month: 7
X-DOI: 10.1080/09672567.2020.1770988
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1770988
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:4:p:476-499




Template-Type: ReDIF-Article 1.0
Author-Name: Bruna Ingrao
Author-X-Name-First: Bruna
Author-X-Name-Last: Ingrao
Author-Name: Claudio Sardoni
Author-X-Name-First: Claudio
Author-X-Name-Last: Sardoni
Title: Images of competition and their impact on modern macroeconomics*
Abstract: 
 Modern mainstream macroeconomics is characterised by its reliance on a general equilibrium framework of Walrasian origins, which is crucially associated with perfect competition and statics. To cope with the real economy, macroeconomics has been “forced” to introduce imperfections and frictions of various kinds into the perfectly competitive model. This raises, argues the paper, significant conceptual and analytical difficulties and tensions. There exist, however, other views of competition and markets which could provide more solid and fruitful foundations to the analysis of the macro-economy. After a selective examination of some contributions to the development of the notion of perfect competition, the paper looks at how modern mainstream macroeconomics dealt with general equilibrium and deviations from it. The paper argues that these alleged deviations from the perfectly competitive case should rather be regarded as inherent features of market economies. Dealing with them more satisfactorily requires calling on a different view of the working of the economy instead of trying to correct and amend the imaginary case of perfect competition.
Journal: The European Journal of the History of Economic Thought
Pages: 500-522
Issue: 4
Volume: 27
Year: 2020
Month: 7
X-DOI: 10.1080/09672567.2020.1768425
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1768425
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:4:p:500-522




Template-Type: ReDIF-Article 1.0
Author-Name: Sylvie Rivot
Author-X-Name-First: Sylvie
Author-X-Name-Last: Rivot
Title: Keynes’ treatment of dynamics and stability in a monetary economy: the role played by expectations from the Tract on Monetary Reform to the General Theory
Abstract: 
 Contrary to the commonly accepted view, Keynes’ static treatment of the effective demand principle in his General Theory should be considered more as an achievement than as an incomplete proof. The Tract investigated the fluctuations due to short-term forecasting errors. Next, the Treatise extended the analysis of expectations’ mismatches to the determination of the level of investment. Hence the major achievement of the General Theory can be located in its demonstration of the possible existence of an underemployment equilibrium due to the indeterminacy of long-term expectations.
Journal: The European Journal of the History of Economic Thought
Pages: 523-548
Issue: 4
Volume: 27
Year: 2020
Month: 7
X-DOI: 10.1080/09672567.2020.1769152
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1769152
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Template-Type: ReDIF-Article 1.0
Author-Name: Rodolphe Dos Santos Ferreira
Author-X-Name-First: Rodolphe
Author-X-Name-Last: Dos Santos Ferreira
Title: Looking for the rationale of the instability principle in Harrod’s Essay in dynamic theory: who is adjusting what?
Abstract: 
 Instability of the warranted growth path, an important property for business cycle theory, is central to Harrod’s Essay. It is persuasively presented as the consequence of moving from statics (where stability is viewed as the normal case) to dynamics. How exactly? The paper suggests two reasons. The first lies in attributing to demanders (firms as investors) rather than to suppliers (firms as producers) the main response to market imbalances. The second results from the insidious introduction of an extrapolative component of expectations in Harrod’s dynamic approach, replacing levels by trends and confining them to a single point in time.
Journal: The European Journal of the History of Economic Thought
Pages: 549-563
Issue: 4
Volume: 27
Year: 2020
Month: 7
X-DOI: 10.1080/09672567.2020.1768424
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1768424
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Template-Type: ReDIF-Article 1.0
Author-Name: Robert W. Dimand
Author-X-Name-First: Robert W.
Author-X-Name-Last: Dimand
Title: Macroeconomic dynamics at the Cowles Commission from the 1930s to the 1950s
Abstract: 
 This paper explores the development of dynamic modelling of macroeconomic fluctuations at the Cowles Commission from Roos, Dynamic Economics (Cowles Monograph No. 1, 1934) and Davis, Analysis of Economic Time Series (Cowles Monograph No. 6, 1941) to Koopmans, ed., Statistical Inference in Dynamic Economic Models (Cowles Monograph No. 10, 1950) and Klein’s Economic Fluctuations in the United States, 1921–1941 (Cowles Monograph No. 11, 1950), emphasising the emergence of a distinctive Cowles Commission approach to structural modelling of macroeconomic fluctuations influenced by Cowles Commission work on structural estimation of simulation equations models, as advanced by Haavelmo (“A Probability Approach to Econometrics,” Cowles Commission Paper No. 4, 1944) and in Cowles Monographs Nos. 10 and 14.
Journal: The European Journal of the History of Economic Thought
Pages: 564-581
Issue: 4
Volume: 27
Year: 2020
Month: 7
X-DOI: 10.1080/09672567.2020.1766524
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1766524
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:4:p:564-581




Template-Type: ReDIF-Article 1.0
Author-Name: Michaël Assous
Author-X-Name-First: Michaël
Author-X-Name-Last: Assous
Author-Name: Vincent Carret
Author-X-Name-First: Vincent
Author-X-Name-Last: Carret
Title: (In)stability at the Cowles Commission (1939–1948)
Abstract: 
 Stability analysis touched off extensive discussions at the Cowles Commission between 1939 and 1948. Oskar Lange, later followed by Lawrence Klein and Don Patinkin, among others, advocated for a move from a static analysis aimed at proving the existence of a stationary equilibrium with unemployment towards a dynamic approach exploring stability properties of full employment equilibria. In presence of excess supply of goods and labour with flexible money wages and prices, the message was that macroeconomic pathologies are better regarded as disequilibrium dynamics when full employment equilibrium is unstable – Lange and Klein – or when it is stable – Patinkin. The objective of this paper is to examine this type of modelling and how it provided the basis of a specific political vision shared by most economists of the Cowles Commission in the 1940’s.
Journal: The European Journal of the History of Economic Thought
Pages: 582-605
Issue: 4
Volume: 27
Year: 2020
Month: 7
X-DOI: 10.1080/09672567.2020.1779775
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1779775
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Template-Type: ReDIF-Article 1.0
Author-Name: Mauro Boianovsky
Author-X-Name-First: Mauro
Author-X-Name-Last: Boianovsky
Title: Paul Samuelson’s ways to macroeconomic dynamics
Abstract: 
 Samuelson kept optimisation-based problems separated from macroeconomic dynamics in his Foundations, where dynamics was defined in terms of difference and differential equations. Despite some criticism of his “correspondence principle” of stability analysis by D.F. Gordon, D. Patinkin and others, it was only in the 1970s that Samuelson’s separation was effectively challenged, particularly by R. E. Lucas. After the Foundations, Samuelson developed dynamic optimisation models, sometimes featuring representative agents, but he did not extend that to the study of macroeconomic fluctuations. Neither did he accept market clearing inter-temporal maximisation as a solution to the micro-foundations problem that beset his models of macroeconomic dynamics. His 1988 nonlinear non-optimising business cycle model was his last contribution to dynamics. Eventually, Samuelson disentangled his 1965 “efficient market hypothesis” of financial economics from rational expectations and claimed that the former should form one of the pillars of macroeconomic dynamics, together with imperfectly competitive markets for goods and labour.
Journal: The European Journal of the History of Economic Thought
Pages: 606-634
Issue: 4
Volume: 27
Year: 2020
Month: 7
X-DOI: 10.1080/09672567.2020.1767670
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1767670
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:4:p:606-634




Template-Type: ReDIF-Article 1.0
Author-Name: Antonella Rancan
Author-X-Name-First: Antonella
Author-X-Name-Last: Rancan
Title: From dynamics to stabilisation: Albert Ando and Franco Modigliani’s contributions to the theory of economic growth and fluctuations (1959–1970)1
Abstract: 
 Since the late 1950s Albert Ando and Franco Modigliani were engaged with the study of economic growth and fluctuations with the aim of providing microfoundations to a model capable of analysing growth and fluctuations jointly. It is argued that this research line continued through the 1960s and early 1970s with the construction of the Federal Reserve Board, MIT and University of Pennsylvania macroeconometric model. However, while in Ando and Modigliani’s earlier model dynamics and stability were conceived in terms of movements around a steady state equilibrium, with econometric models devoted to policy simulations and forecasting, the system’s stability or instability was identified with the time length of the adjustment process.
Journal: The European Journal of the History of Economic Thought
Pages: 635-660
Issue: 4
Volume: 27
Year: 2020
Month: 7
X-DOI: 10.1080/09672567.2020.1779482
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1779482
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:4:p:635-660




Template-Type: ReDIF-Article 1.0
Author-Name: Jérôme de Boyer des Roches
Author-X-Name-First: Jérôme
Author-X-Name-Last: de Boyer des Roches
Title: Bank liquidity risk: From John Law (1705) to Walter Bagehot (1873)
Abstract: 
 By granting credit and issuing money, banks take a liquidity risk - that is, the risk of being unable to reimburse its notes in coins. Five different explanations of a bank liquidity crisis have been provided by different authors, since John Law and up to Walter Bagehot. First, according to Law (1703) and Steuart ([1767] [1998]), the distinction between money of account (the pound sterling) and money of payment (the guinea) may induce a bank run. Second, according to Cantillon (1730), Hume ([1752] 1972), Ricardo (1810-1823) and the Currency School (1837-1858), the bank reserve becomes insufficient as a consequence of a diminishing value of money allied with over issues. Third, according to Thornton ([1802] 1939, 1991) and the Banking School (1840-1857), it can occur as a consequence of a falling exchange rate that is not linked with over issues. Fourth, according to Smith (1776) and the Banking School, discounting of fictitious bills, by decreasing the shareholders' funds, leads to bank illiquidity. Lastly, according to Thornton ([1802] 1939, 1991) and Bagehot (1873), the liquidity crisis is a consequence of bank panics: a "flight" to money for Thornton, a "flight" to credit for Bagehot. The analysis of these five different explanations sheds new light on classical monetary controversies.
Journal: The European Journal of the History of Economic Thought
Pages: 547-571
Issue: 4
Volume: 20
Year: 2013
Month: 8
X-DOI: 10.1080/09672567.2011.653878
File-URL: http://hdl.handle.net/10.1080/09672567.2011.653878
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Template-Type: ReDIF-Article 1.0
Author-Name: Amos Witztum
Author-X-Name-First: Amos
Author-X-Name-Last: Witztum
Author-Name: Jeffrey T. Young
Author-X-Name-First: Jeffrey T.
Author-X-Name-Last: Young
Title: Utilitarianism and the role of utility in Adam Smith
Abstract: 
 In this paper we confront attempts to bring Smith closer to utilitarianism. We show that Smith's conception of utility is not utilitarian. While the pursuit of ‘pleasure’ could lie behind human behaviour, it is not the pleasure referred to by utilitarianism. Instead, utility, in its colloquial sense, plays a greater role that suggests a type of consideration which is foreign to utilitarianism and which also introduces a rationalist element to Smith's moral analysis. Thus, utility, in the utilitarian sense, is neither a guide to action nor a means for moral evaluation.
Journal: The European Journal of the History of Economic Thought
Pages: 572-602
Issue: 4
Volume: 20
Year: 2013
Month: 8
X-DOI: 10.1080/09672567.2011.592846
File-URL: http://hdl.handle.net/10.1080/09672567.2011.592846
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Handle: RePEc:taf:eujhet:v:20:y:2013:i:4:p:572-602




Template-Type: ReDIF-Article 1.0
Author-Name: Fiona Tregenna
Author-X-Name-First: Fiona
Author-X-Name-Last: Tregenna
Title: The specificity of manufacturing in Marx's economic thought
Abstract: 
 This article examines Marx's approach to manufacturing and the extent to which manufacturing could be considered to have a special place in Marx's economic thought, especially in relation to accumulation and growth. The important ‘progressive’ features of manufacturing that can be found in Marx's writings and which are discussed here include: division of labour; socialisation of labour; mechanisation; increasing returns to scale; learning-by-doing; technological advancement; and overall, superior potential for cumulative productivity increases. These insights anticipate some of the thinking around the specificity of manufacturing found in twentieth-century structuralist development economics and some heterodox schools of thought such as Kaldorian approaches. This article suggests an interpretation of Marx as having a two-dimensional conceptualisation of activity specificity, with not only sectoral but also ‘technological–organisational’ dimensions, where these two dimensions are not fully independent of each other.
Journal: The European Journal of the History of Economic Thought
Pages: 603-624
Issue: 4
Volume: 20
Year: 2013
Month: 8
X-DOI: 10.1080/09672567.2011.592848
File-URL: http://hdl.handle.net/10.1080/09672567.2011.592848
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Handle: RePEc:taf:eujhet:v:20:y:2013:i:4:p:603-624




Template-Type: ReDIF-Article 1.0
Author-Name: Rodolphe Dos Santos Ferreira
Author-X-Name-First: Rodolphe
Author-X-Name-Last: Dos Santos Ferreira
Author-Name: Ragip Ege
Author-X-Name-First: Ragip
Author-X-Name-Last: Ege
Title: General equilibrium as competitive equilibrium: The significance of Walras' achievement from a Cournotian viewpoint
Abstract: 
 Cournot's Recherches contains a sketch of the general equilibrium research programme, as well as the model of an exchange economy as a system verifying Walras' law. General equilibrium analysis had nonetheless to wait for Walras to occupy the centre of theoretical economics, since it was dismissed by Cournot for its lack of simplicity and robustness. We suggest these motives to depend upon his view of competition as a strategic interaction between producers. Correlatively, the way to the Walras' construct appears to pass through his own view of competition, with economic agents giving up by pure conduct their potential market power.
Journal: The European Journal of the History of Economic Thought
Pages: 625-645
Issue: 4
Volume: 20
Year: 2013
Month: 8
X-DOI: 10.1080/09672567.2011.653884
File-URL: http://hdl.handle.net/10.1080/09672567.2011.653884
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Template-Type: ReDIF-Article 1.0
Author-Name: Phillip Deen
Author-X-Name-First: Phillip
Author-X-Name-Last: Deen
Title: John Atkinson Hobson and the roots of John Dewey's economic thought
Abstract: 
 American pragmatist John Dewey's economic thought has remained relatively unknown by both philosophers and economists. This article addresses this lack of interest and replies to criticism of pragmatism as the philosophy of ‘corporate liberalism’ by tracing one source of Dewey's economic thought to British New Liberal John Atkinson Hobson. General similarities are discussed first, followed by a presentation of Dewey's use of Hobson's theory of underconsumption during the Great Depression. It concludes by presenting Dewey's understanding of a liberalism that had truly become corporate.
Journal: The European Journal of the History of Economic Thought
Pages: 646-665
Issue: 4
Volume: 20
Year: 2013
Month: 8
X-DOI: 10.1080/09672567.2011.653879
File-URL: http://hdl.handle.net/10.1080/09672567.2011.653879
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Handle: RePEc:taf:eujhet:v:20:y:2013:i:4:p:646-665




Template-Type: ReDIF-Article 1.0
Author-Name: Keith Tribe
Author-X-Name-First: Keith
Author-X-Name-Last: Tribe
Title: Istvan Hont (1947–2013)
Journal: The European Journal of the History of Economic Thought
Pages: 666-671
Issue: 4
Volume: 20
Year: 2013
Month: 8
X-DOI: 10.1080/09672567.2013.819957
File-URL: http://hdl.handle.net/10.1080/09672567.2013.819957
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Template-Type: ReDIF-Article 1.0
Author-Name: Christopher Stray
Author-X-Name-First: Christopher
Author-X-Name-Last: Stray
Title: The Economic Reader. Textbooks, Manuals and the Dissemination of the Economic Sciences During the 19th and Early 20th Centuries
Journal: The European Journal of the History of Economic Thought
Pages: 672-677
Issue: 4
Volume: 20
Year: 2013
Month: 8
X-DOI: 10.1080/09672567.2013.819959
File-URL: http://hdl.handle.net/10.1080/09672567.2013.819959
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Handle: RePEc:taf:eujhet:v:20:y:2013:i:4:p:672-677




Template-Type: ReDIF-Article 1.0
Author-Name: P. J. Cain
Author-X-Name-First: P. J.
Author-X-Name-Last: Cain
Title: Wealth and Life: A Study in Values
Journal: The European Journal of the History of Economic Thought
Pages: 677-679
Issue: 4
Volume: 20
Year: 2013
Month: 8
X-DOI: 10.1080/09672567.2013.819961
File-URL: http://hdl.handle.net/10.1080/09672567.2013.819961
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Handle: RePEc:taf:eujhet:v:20:y:2013:i:4:p:677-679




Template-Type: ReDIF-Article 1.0
Author-Name: Alain Béraud
Author-X-Name-First: Alain
Author-X-Name-Last: Béraud
Title: Money and Banking in Jean-Baptiste Say's Economic Thought
Journal: The European Journal of the History of Economic Thought
Pages: 680-683
Issue: 4
Volume: 20
Year: 2013
Month: 8
X-DOI: 10.1080/09672567.2013.819966
File-URL: http://hdl.handle.net/10.1080/09672567.2013.819966
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Handle: RePEc:taf:eujhet:v:20:y:2013:i:4:p:680-683




Template-Type: ReDIF-Article 1.0
Author-Name: Esben Sloth Andersen
Author-X-Name-First: Esben Sloth
Author-X-Name-Last: Andersen
Title: Schumpeter für Jedermann: Von der Rastlosigkeit des Kapitalismus
Journal: The European Journal of the History of Economic Thought
Pages: 684-687
Issue: 4
Volume: 20
Year: 2013
Month: 8
X-DOI: 10.1080/09672567.2013.819967
File-URL: http://hdl.handle.net/10.1080/09672567.2013.819967
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Handle: RePEc:taf:eujhet:v:20:y:2013:i:4:p:684-687




Template-Type: ReDIF-Article 1.0
Author-Name: Roger E. Backhouse
Author-X-Name-First: Roger E.
Author-X-Name-Last: Backhouse
Title: Markets, Planning and the Moral Economy: Business Cycle in the Progressive Era and the New Deal
Journal: The European Journal of the History of Economic Thought
Pages: 688-690
Issue: 4
Volume: 20
Year: 2013
Month: 8
X-DOI: 10.1080/09672567.2013.819968
File-URL: http://hdl.handle.net/10.1080/09672567.2013.819968
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Handle: RePEc:taf:eujhet:v:20:y:2013:i:4:p:688-690




Template-Type: ReDIF-Article 1.0
Author-Name: Patricia Faraldo-Cabana
Author-X-Name-First: Patricia
Author-X-Name-Last: Faraldo-Cabana
Title: On the political economy of fines. Rusche and Kirchheimer’s Punishment and Social Structure revisited
Abstract: 
 This paper addresses the evolution of socio-legal theories concerning the use of monetary sanctions from a specific theoretical perspective – the “political economy of punishment” originally developed by Rusche and Kirchheimer. In particular, the paper explores the often-overlooked chapter on fines in Rusche and Kirchheimer’s work. Their reflections on the rise of monetary fines provide some premonitory guesses regarding the role of fines in consumer societies. The paper aims to complete their scenario highlighting their innovative and visionary research on fines, and to contribute to the sparse theoretical literature that deals with the political economy of fines.
Journal: The European Journal of the History of Economic Thought
Pages: 661-681
Issue: 5
Volume: 27
Year: 2020
Month: 9
X-DOI: 10.1080/09672567.2020.1739104
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1739104
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:5:p:661-681




Template-Type: ReDIF-Article 1.0
Author-Name: Joseph T. Salerno
Author-X-Name-First: Joseph T.
Author-X-Name-Last: Salerno
Author-Name: Carmen Elena Dorobat
Author-X-Name-First: Carmen Elena
Author-X-Name-Last: Dorobat
Author-Name: Karl-Friedrich Israel
Author-X-Name-First: Karl-Friedrich
Author-X-Name-Last: Israel
Title: Two views on neutral money: Wieser and Hayek versus Menger and Mises
Abstract: 
 Neutral money plays a central role in contemporary macroeconomic theory, and is a live issue in recent monetary policy discussions. We challenge the opinion that Hayek’s writings on neutral money have been influenced by, and are similar to, the work of Menger and Mises. We show, first, the significant alternative influence of Friedrich von Wieser on Hayek’s work on the subject. Second, we rehabilitate a neglected method of monetary theorising specific to Menger and Mises that rejects money neutrality both as a tool for investigating monetary phenomena and as the standard by which monetary regimes, and the market economy itself, should be evaluated. Examining this chapter in the history of economic thought can aid in a deeper reconsideration of the doctrinal foundations of modern monetary theory and policy.
Journal: The European Journal of the History of Economic Thought
Pages: 682-711
Issue: 5
Volume: 27
Year: 2020
Month: 9
X-DOI: 10.1080/09672567.2020.1739106
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1739106
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Template-Type: ReDIF-Article 1.0
Author-Name: Thomas Michael Mueller
Author-X-Name-First: Thomas Michael
Author-X-Name-Last: Mueller
Title: Against the orthodox: Walras and Laveleye’s reluctant alliance
Abstract: 
 What is the purpose of economic science? Is it about discovering general laws of economic behaviour? Is it about policy-making? And how do those objectives tie in with political views and normative preferences? In 1882–1883 a debate about the existence of economic laws arose between the French Liberal School and Émile de Laveleye, who had just published his Éléments d’économie politique. The debate concerned the form and meaning of economic science and it was bound up with the political views of both sides. A third party to this debate, Léon Walras, was having great difficulty in finding institutional and political support. Although he was closer to the French Liberals in terms of method, he was more inclined to Laveleye’s views concerning the purpose of political economy and in his political outlook. Based on unpublished letters, we will trace the imbroglio between method and purpose of political economy in the triangle formed by Émile de Laveleye, Léon Walras and the “orthodox” French Liberal School.
Journal: The European Journal of the History of Economic Thought
Pages: 712-734
Issue: 5
Volume: 27
Year: 2020
Month: 9
X-DOI: 10.1080/09672567.2020.1739103
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1739103
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Template-Type: ReDIF-Article 1.0
Author-Name: Nicolas Brisset
Author-X-Name-First: Nicolas
Author-X-Name-Last: Brisset
Author-Name: Raphaël Fèvre
Author-X-Name-First: Raphaël
Author-X-Name-Last: Fèvre
Title: The “community of labour” in troubled times (1926–1944): François Perroux’s irrational foundations of economic expertise
Abstract: 
 The article analyses the works of François Perroux from the interwar years to the Vichy period (July 10th, 1940-August 20th, 1944). It shows in particular that through his conceptualisation of a “community of labour” as the fusion of both the activity and consciousness of a people, Perroux sought to bring together social mysticism (anti-rationalism) with economic and political organisation. Such a synthesis needs to be personified by a political leader as the main custodian of a national myth which should guide the community of labour from above. This interpretation helps to situate Perroux vis-à-vis some of the structuring elements of Vichy discourse.
Journal: The European Journal of the History of Economic Thought
Pages: 735-761
Issue: 5
Volume: 27
Year: 2020
Month: 9
X-DOI: 10.1080/09672567.2020.1739102
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1739102
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:5:p:735-761




Template-Type: ReDIF-Article 1.0
Author-Name: Christophe Depoortère
Author-X-Name-First: Christophe
Author-X-Name-Last: Depoortère
Author-Name: Arnold Heertje
Author-X-Name-First: Arnold
Author-X-Name-Last: Heertje
Title: Lord William Wyndham Grenville’s manuscript notes on the first edition of David Ricardo’s Principles
Abstract: 
 This article focuses on unpublished manuscript notes by Lord William Wyndham Grenville on the first edition of David Ricardo’s On the Principles of Political Economy. Its aim is twofold. First, it is to strengthen our knowledge of Grenville’s economic thought which was praised by figures of his time but remains today almost totally unrecognised. The second purpose is to assess the part that Grenville may have taken in the development of Post-Ricardian political economy. Our conclusion is that Grenville most likely played a key role in the development of Political economy at the University of Oxford in the late 1820 s and early 1830 s.
Journal: The European Journal of the History of Economic Thought
Pages: 762-791
Issue: 5
Volume: 27
Year: 2020
Month: 9
X-DOI: 10.1080/09672567.2020.1739105
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1739105
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:5:p:762-791




Template-Type: ReDIF-Article 1.0
Author-Name: Fabio Masini
Author-X-Name-First: Fabio
Author-X-Name-Last: Masini
Title: Gli economisti e la costruzione dell’Europa
Journal: The European Journal of the History of Economic Thought
Pages: 792-793
Issue: 5
Volume: 27
Year: 2020
Month: 9
X-DOI: 10.1080/09672567.2020.1816346
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1816346
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:5:p:792-793




Template-Type: ReDIF-Article 1.0
Author-Name: Raphaël Fèvre
Author-X-Name-First: Raphaël
Author-X-Name-Last: Fèvre
Title: The Routledge companion to literature and economics
Journal: The European Journal of the History of Economic Thought
Pages: 794-796
Issue: 5
Volume: 27
Year: 2020
Month: 9
X-DOI: 10.1080/09672567.2020.1816347
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1816347
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Template-Type: ReDIF-Article 1.0
Author-Name: Renee Prendergast
Author-X-Name-First: Renee
Author-X-Name-Last: Prendergast
Title: The economic thought of William Petty – exploring the colonialist roots of economics
Journal: The European Journal of the History of Economic Thought
Pages: 797-799
Issue: 5
Volume: 27
Year: 2020
Month: 9
X-DOI: 10.1080/09672567.2020.1816348
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1816348
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Template-Type: ReDIF-Article 1.0
Author-Name: Louise Villeneuve
Author-X-Name-First: Louise
Author-X-Name-Last: Villeneuve
Title: A contemporary historiography of economics
Journal: The European Journal of the History of Economic Thought
Pages: 799-801
Issue: 5
Volume: 27
Year: 2020
Month: 9
X-DOI: 10.1080/09672567.2020.1816349
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1816349
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:5:p:799-801




Template-Type: ReDIF-Article 1.0
Author-Name: Daniela Donnini Macciò
Author-X-Name-First: Daniela Donnini
Author-X-Name-Last: Macciò
Title: Great economic thinkers. An introduction – from Adam Smith to Amartya Sen
Journal: The European Journal of the History of Economic Thought
Pages: 801-803
Issue: 5
Volume: 27
Year: 2020
Month: 9
X-DOI: 10.1080/09672567.2020.1816350
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1816350
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Template-Type: ReDIF-Article 1.0
Author-Name: Frances Woolley
Author-X-Name-First: Frances
Author-X-Name-Last: Woolley
Title: Routledge handbook of the history of women’s economic thought
Journal: The European Journal of the History of Economic Thought
Pages: 803-805
Issue: 5
Volume: 27
Year: 2020
Month: 9
X-DOI: 10.1080/09672567.2020.1816352
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1816352
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:5:p:803-805




Template-Type: ReDIF-Article 1.0
Author-Name: Antoine Missemer
Author-X-Name-First: Antoine
Author-X-Name-Last: Missemer
Title: Politics and the Anthropocene
Journal: The European Journal of the History of Economic Thought
Pages: 806-807
Issue: 5
Volume: 27
Year: 2020
Month: 9
X-DOI: 10.1080/09672567.2020.1816353
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1816353
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:5:p:806-807




Template-Type: ReDIF-Article 1.0
Author-Name: Adriana Calcagno
Author-X-Name-First: Adriana
Author-X-Name-Last: Calcagno
Title: Ideas in the history of economic development: the case of peripheral countries
Journal: The European Journal of the History of Economic Thought
Pages: 807-810
Issue: 5
Volume: 27
Year: 2020
Month: 9
X-DOI: 10.1080/09672567.2020.1816354
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1816354
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:5:p:807-810




Template-Type: ReDIF-Article 1.0
Author-Name: Keith Tribe
Author-X-Name-First: Keith
Author-X-Name-Last: Tribe
Title: Britain’s political economies. Parliament and economic life, 1660–1800
Journal: The European Journal of the History of Economic Thought
Pages: 810-812
Issue: 5
Volume: 27
Year: 2020
Month: 9
X-DOI: 10.1080/09672567.2020.1816355
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1816355
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:5:p:810-812




Template-Type: ReDIF-Article 1.0
Author-Name: David Laidler
Author-X-Name-First: David
Author-X-Name-Last: Laidler
Title: Irving Fisher
Journal: The European Journal of the History of Economic Thought
Pages: 812-814
Issue: 5
Volume: 27
Year: 2020
Month: 9
X-DOI: 10.1080/09672567.2020.1816356
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1816356
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:5:p:812-814




Template-Type: ReDIF-Article 1.0
Author-Name: André Lapidus
Author-X-Name-First: André
Author-X-Name-Last: Lapidus
Author-Name: Jean-Sébastien Lenfant
Author-X-Name-First: Jean-Sébastien
Author-X-Name-Last: Lenfant
Author-Name: Goulven Rubin
Author-X-Name-First: Goulven
Author-X-Name-Last: Rubin
Author-Name: Hans-Michael Trautwein
Author-X-Name-First: Hans-Michael
Author-X-Name-Last: Trautwein
Title: Introduction
Journal: The European Journal of the History of Economic Thought
Pages: 815-818
Issue: 6
Volume: 27
Year: 2020
Month: 11
X-DOI: 10.1080/09672567.2020.1821967
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1821967
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:6:p:815-818




Template-Type: ReDIF-Article 1.0
Author-Name: Ghislain Deleplace
Author-X-Name-First: Ghislain
Author-X-Name-Last: Deleplace
Title: Orthodox versus unorthodox views on Ricardo’s theory of money
Abstract: 
 The orthodox view on Ricardo’s monetary theory is that it inconsistently mixes a commodity-theory of money and a quantity-theory of money. One aim of the paper is at discarding this view and at suggesting another, based on Ricardo’s distinction between a position in which money “conforms” to the standard and positions in which money depreciates or appreciates because its quantity is inadequate. The paper also shows that, in spite of differences on particular points, the basic aspects of this approach are shared by other scholars, so that one may speak of an unorthodox view on Ricardo’s theory of money.
Journal: The European Journal of the History of Economic Thought
Pages: 819-836
Issue: 6
Volume: 27
Year: 2020
Month: 11
X-DOI: 10.1080/09672567.2020.1776358
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1776358
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Template-Type: ReDIF-Article 1.0
Author-Name: Sofia Valeonti
Author-X-Name-First: Sofia
Author-X-Name-Last: Valeonti
Title: Simon Newcomb’s monetary theory: a reappraisal
Abstract: 
 Whereas Simon Newcomb formulated the equation of exchange, he rejected the causality and the proportionality postulates of the quantity theory in some cases. To solve this puzzle, this paper relies on the distinction between the classical theory of money and the quantity theory of money and shows that, according to Newcomb, the quantity theory applied only for inconvertible paper money, while metallic money and convertible bank issues were regulated by different mechanisms. Understanding Newcomb’s distinction between the different types of issues also sheds light on his stance in the monetary debate of the U.S. Reconstruction period.
Journal: The European Journal of the History of Economic Thought
Pages: 837-852
Issue: 6
Volume: 27
Year: 2020
Month: 11
X-DOI: 10.1080/09672567.2020.1790623
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1790623
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:6:p:837-852




Template-Type: ReDIF-Article 1.0
Author-Name: Anthony De Grandi
Author-X-Name-First: Anthony
Author-X-Name-Last: De Grandi
Author-Name: Christian Tutin
Author-X-Name-First: Christian
Author-X-Name-Last: Tutin
Title: Marx and the “Minsky moment” liquidity crises and reproduction crises in Das Kapital
Abstract: 
 This paper reconsiders the interaction between monetary and financial factors, on the one hand, and real factors, on the other, in Marx’s theory of crises. We propose a reconstruction of the financial instability theory contained in Book III of Capital presenting striking similarities with Minsky’s financial instability hypothesis. Regarding the link between monetary and real dimensions of crises we draw from Hilferding’s Finance Capital to link the reproduction schemes from Book II with financial instability from Book III. The natural elasticity of bank credit and financial markets exuberance ensure the emergence and enlargement of sectoral disproportions till the unavoidable crisis.
Journal: The European Journal of the History of Economic Thought
Pages: 853-880
Issue: 6
Volume: 27
Year: 2020
Month: 11
X-DOI: 10.1080/09672567.2020.1790625
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1790625
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:6:p:853-880




Template-Type: ReDIF-Article 1.0
Author-Name: Emmanuel Carre
Author-X-Name-First: Emmanuel
Author-X-Name-Last: Carre
Author-Name: Sandrine Leloup
Author-X-Name-First: Sandrine
Author-X-Name-Last: Leloup
Title: Threadneedle street meets Lombard street: Bagehot and central bankers in the aftermath of the great recession
Abstract: 
 The paper concerns the reception among central bankers of Bagehot’s ideas on the lender of last resort (LLR). For the period 1999–2017 we construct a database of speeches by G7 central bankers that mention Bagehot. On the basis of this database, we show that there was a boom in mentions of Bagehot during the recent financial crisis. Using the Journal of Economic Literature (JEL) codes, we indicate that this increase in the references to Bagehot among central bankers mainly relates to the idea of the LLR, and specifically the so-called Bagehot rules. However, a variety of interpretations of these rules can be observed among central bankers. We argue that these differences in interpretation can be explained by the fact that Bagehot’s rules are used by central bankers either to justify, or, on the contrary, to impose limits on the liquidity injections envisaged under the unconventional monetary policies adopted in reaction to the crisis. We conclude that these diverging preferences on liquidity injections among central bankers allow us to distinguish two main “types” of receptions of Bagehot’s rules: liberal versus conservative.
Journal: The European Journal of the History of Economic Thought
Pages: 881-900
Issue: 6
Volume: 27
Year: 2020
Month: 11
X-DOI: 10.1080/09672567.2020.1790624
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1790624
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:6:p:881-900




Template-Type: ReDIF-Article 1.0
Author-Name: Robert W. Dimand
Author-X-Name-First: Robert W.
Author-X-Name-Last: Dimand
Author-Name: Harald Hagemann
Author-X-Name-First: Harald
Author-X-Name-Last: Hagemann
Title: Jacob Marschak and the Cowles approaches to the theory of money and assets
Abstract: 
 Jacob Marschak shaped the emergence of monetary theory and portfolio choice at the Cowles Commission (which he directed from 1943 to 1948, but with which he was involved already from 1937) at the University of Chicago, where he was the doctoral teacher of Leonid Hurwicz, Harry Markowitz and Don Patinkin, and then from 1955 at the Cowles Foundation at Yale University, where he was a senior colleague of James Tobin until moving to UCLA in 1960. Marschak’s later attempts to clarify the concept of liquidity and to emphasise the role of new information for economic behaviour date back as far as to his early experiences with hyperinflationary processes in the Northern Caucasus during the Russian Revolution. Marschak came to monetary theory with his 1922 Heidelberg doctoral dissertation on the quantity theory equation of exchange (published in 1924 as “Die Verkehrsgleichung”), and embedded monetary theory in a wider theory of asset market equilibrium in studies of “Money and the Theory of Assets” (1938), “Assets, Prices, and Monetary Theory” (with Helen Makower, 1938), “Role of Liquidity under Complete and Incomplete Information” (1949), “The Rationale of the Demand for Money and of ‘Money Illusion’” (1950), and “Monnaie et liquidité dans les modèles macroéconomiques et microéconomiques” (1955), as well as in Income, Employment and the Price Level (lectures Marschak gave at Chicago, edited by Fand and Markowitz, 1951a). We examine Marschak’s analysis of money within a broader theory of asset market equilibrium and explore the relation of his work to the monetary and portfolio theories of his doctoral students Markowitz and Patinkin and his colleague Tobin and to the revival of the quantity theory of money by Milton Friedman, a University of Chicago colleague unsympathetic to the methodology of the Cowles Commission.
Journal: The European Journal of the History of Economic Thought
Pages: 901-918
Issue: 6
Volume: 27
Year: 2020
Month: 11
X-DOI: 10.1080/09672567.2020.1800061
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1800061
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:6:p:901-918




Template-Type: ReDIF-Article 1.0
Author-Name: Pierrick Clerc
Author-X-Name-First: Pierrick
Author-X-Name-Last: Clerc
Author-Name: Rodolphe Dos Santos Ferreira
Author-X-Name-First: Rodolphe
Author-X-Name-Last: Dos Santos Ferreira
Title: On Keynesian Economics and the Economics of Keynes after fifty years
Abstract: 
 Axel Leijonhufvud’s On Keynesian Economics and the Economics of Keynes (1968) definitely belongs to the category of “classic” books. Its message—decentralised economies are prone to large increases in unemployment since communication failures prevent the optimal coordination of private decisions—is by now well understood. In this paper, we argue that even though most commentators correctly identify this message, they overlook two crucial aspects of Leijonhufvud’s demonstration. These aspects relate to what the author calls the “aggregative structure” and the “transaction structure” of macro-models. We show that the former type of structure plays a central role in the emergence of unemployment in the “Economics of Keynes”, while the latter type of structure explains why unemployment is “involuntary”.
Journal: The European Journal of the History of Economic Thought
Pages: 919-937
Issue: 6
Volume: 27
Year: 2020
Month: 11
X-DOI: 10.1080/09672567.2020.1817116
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1817116
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:6:p:919-937




Template-Type: ReDIF-Article 1.0
Author-Name: Jean-Bernard Chatelain
Author-X-Name-First: Jean-Bernard
Author-X-Name-Last: Chatelain
Author-Name: Kirsten Ralf
Author-X-Name-First: Kirsten
Author-X-Name-Last: Ralf
Title: How macroeconomists lost control of stabilization policy: towards dark ages
Abstract: 
 This paper is a study of the history of the transplant of mathematical tools using negative feedback for macroeconomic stabilisation policy from 1948 to 1975 and the subsequent break of the use of control for stabilisation policy which occurred from 1975 to 1993. New-classical macroeconomists selected a subset of the tools of control that favoured their support of rules against discretionary stabilisation policy. The Lucas critique and Kydland and Prescott’s time-inconsistency were over-statements that led to the “dark ages” of the prevalence of the stabilisation-policy-ineffectiveness idea. These over-statements were later revised following the success of the Taylor rule.
Journal: The European Journal of the History of Economic Thought
Pages: 938-982
Issue: 6
Volume: 27
Year: 2020
Month: 11
X-DOI: 10.1080/09672567.2020.1817119
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1817119
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Handle: RePEc:taf:eujhet:v:27:y:2020:i:6:p:938-982




Template-Type: ReDIF-Article 1.0
Author-Name: Richard van den Berg
Author-X-Name-First: Richard
Author-X-Name-Last: van den Berg
Author-Name: Daniel Russell
Author-X-Name-First: Daniel
Author-X-Name-Last: Russell
Title: Turgot’s calculations on the effects of indirect taxation
Abstract: 
 A newly recovered manuscript contains Turgot’s calculations of the harmful effects of indirect taxes in comparison to the imposition of a direct tax on the freely disposable incomes of landowners. It shows an unexpected side of Turgot, who was thought to have been reluctant to apply mathematics to economic reasoning. His assumptions and mathematical method are explained and compared to Quesnay’s notion of repompement and Du Pont’s Courbes politiques.
Journal: The European Journal of the History of Economic Thought
Pages: 983-1010
Issue: 6
Volume: 27
Year: 2020
Month: 11
X-DOI: 10.1080/09672567.2020.1790622
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1790622
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Template-Type: ReDIF-Article 1.0
Author-Name: Pedro N. Teixeira
Author-X-Name-First: Pedro N.
Author-X-Name-Last: Teixeira
Title: Loose ends? Discussing human capital and the economic value of education in the first half of the twentieth century1
Abstract: 
 Human capital has become a popular concept in modern economics since the 1960s, though its historiography is still limited. Prior studies focussed on rational reconstructions, using earlier references to provide legitimacy to modern developments. In this text we take a different approach by tracing the evolution of the term and the (dis)continuities in its use. We analyse various contexts in which education and human capital were discussed during the first half of the twentieth century. The analysis underlines the complex stabilisation of the concept human capital, the loose connections among earlier debates and between those debates and modern economics.
Journal: The European Journal of the History of Economic Thought
Pages: 1011-1032
Issue: 6
Volume: 27
Year: 2020
Month: 11
X-DOI: 10.1080/09672567.2020.1821741
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1821741
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Template-Type: ReDIF-Article 1.0
Author-Name: Clément Coste
Author-X-Name-First: Clément
Author-X-Name-Last: Coste
Title: A trilogy of debt. The emancipatory virtue of public debt in saint-simonian, liberal and socialist discourses in nineteenth century France (1825–1852)
Abstract: 
 This article compares public debt as it is concived by Saint-Simonians, Liberal economists and Socialists. I endeavour to analyse public debt through its capacity to modify or preserve social order. Armed with financial science, the Saint-Simonians wished to use public borrowing as a means for enabling the development of the industriels. Liberal economists condemned the development of public borrowing with advocating teachings of political economy. Against these two theories of public debt, the 1840s Socialists proposed an analysis based on social classes and concluded that public borrowing was unable to structurally modify the social antagonism of the nineteenth century society.
Journal: The European Journal of the History of Economic Thought
Pages: 1-30
Issue: 1
Volume: 28
Year: 2021
Month: 1
X-DOI: 10.1080/09672567.2020.1746375
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1746375
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Template-Type: ReDIF-Article 1.0
Author-Name: Rebeca Gomez Betancourt
Author-X-Name-First: Rebeca
Author-X-Name-Last: Gomez Betancourt
Author-Name: Ivo Maes
Author-X-Name-First: Ivo
Author-X-Name-Last: Maes
Title: Paul van Zeeland, a monetary economist between two worlds
Abstract: 
 This paper investigates how Paul van Zeeland, Prime Minister in the 1930s, became one of the most famous Belgian monetary economists. We discuss his early experiences in Belgium, his studies at Princeton with Kemmerer and his return to Europe as the first Head of the Economic Service of the National Bank of Belgium. We analyse his adherence to the gold standard, the quantity theory of money and the real bills doctrine. We mainly focus on his PhD Dissertation on the Federal Reserve System and on papers he wrote in the early twenties located in the NBB archives.
Journal: The European Journal of the History of Economic Thought
Pages: 31-45
Issue: 1
Volume: 28
Year: 2021
Month: 1
X-DOI: 10.1080/09672567.2020.1746376
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1746376
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Template-Type: ReDIF-Article 1.0
Author-Name: José M. Gaspar
Author-X-Name-First: José M.
Author-X-Name-Last: Gaspar
Title: New economic geography: history and debate
Abstract: 
 We synthesise the main conceptual discussion around New Economic Geography (NEG). We provide the background in adjacent fields of economics which made the surge of NEG possible. We then assess the state of the art in NEG and track the intellectual evolution of the field, focussing on the intrinsic criticism that it has been subject to throughout its history. This criticism has its roots in different conceptions of geography and history, as well as other methodological differences between economists and geographers. We analyse the evolution of the debate and communication between geographical economists and economic geographers.
Journal: The European Journal of the History of Economic Thought
Pages: 46-82
Issue: 1
Volume: 28
Year: 2021
Month: 1
X-DOI: 10.1080/09672567.2020.1767671
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1767671
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Template-Type: ReDIF-Article 1.0
Author-Name: Victor Cruz e Silva
Author-X-Name-First: Victor
Author-X-Name-Last: Cruz e Silva
Author-Name: Marco Cavalieri
Author-X-Name-First: Marco
Author-X-Name-Last: Cavalieri
Author-Name: Marcelo Curado
Author-X-Name-First: Marcelo
Author-X-Name-Last: Curado
Title: On the transmission of Keynes’ and Keynesian ideas in Brazil through Eugênio Gudin’s Principles of Monetary Economics
Abstract: 
 In the mid-twentieth century, Gudin was the main forerunner of the professionalisation of economics in Brazil. His book Princípios de Economia Monetária (Principles of Monetary Economics) was the first textbook in Portuguese published for a Brazilian audience interested in economics. As the book was written during the period of the Keynesian revolution, we show how he kept up with the then-modern debate around Keynes’ ideas and continually incorporated Keynesian concepts into the successive editions of his book. As Gudin was a staunch defender of liberalism and the free market, his presentation of Keynes’ and Keynesian ideas was mainly critical.
Journal: The European Journal of the History of Economic Thought
Pages: 83-102
Issue: 1
Volume: 28
Year: 2021
Month: 1
X-DOI: 10.1080/09672567.2020.1776357
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1776357
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Template-Type: ReDIF-Article 1.0
Author-Name: Attilio Trezzini
Author-X-Name-First: Attilio
Author-X-Name-Last: Trezzini
Title: Sraffa on Marshall’s theory of value in the Cambridge lectures: achievements in an unfinished criticism
Abstract: 
 In his Cambridge lectures, Sraffa criticised Marshall’s theory on the basis of the recognition of the incompatibility between classical political economy and marginalist economics. Preparing his lectures, Sraffa had also identified the need to determine prices and distribution simultaneously although some implications of this latter result were probably not yet fully evident to him. Sraffa still accepted the Marshallian thesis that classical political economy and marginalist economics identified two alternative “ultimate standards of value”. This position bears witness to Sraffa’s initial adherence to the Marshallian theoretical framework. The road towards Production of Commodities was open, but still unfinished.
Journal: The European Journal of the History of Economic Thought
Pages: 103-125
Issue: 1
Volume: 28
Year: 2021
Month: 1
X-DOI: 10.1080/09672567.2020.1776356
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1776356
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Template-Type: ReDIF-Article 1.0
Author-Name: Luca Fiorito
Author-X-Name-First: Luca
Author-X-Name-Last: Fiorito
Author-Name: Massimiliano Vatiero
Author-X-Name-First: Massimiliano
Author-X-Name-Last: Vatiero
Title: Frank H. Knight on social values in economic consumption: an archival note
Abstract: 
 We reproduce an unpublished address on “Social Values in Economic Consumption” which Knight prepared for a SSRC Conference in June 1931. This material sheds new light on Knight in two respects. First, anticipating what is known as the relative income hypothesis, Knight indicated that a general increase in income, not only leaves the individual’s relative position in society unaltered but makes her/his situation worse off due to the peculiar characteristics of the market for “personal services.” Second, this address provides further evidence of how, in spite of some substantial methodological differences, Knight’s research interests converged with those of the institutionalists.
Journal: The European Journal of the History of Economic Thought
Pages: 126-141
Issue: 1
Volume: 28
Year: 2021
Month: 1
X-DOI: 10.1080/09672567.2020.1776354
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1776354
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Template-Type: ReDIF-Article 1.0
Author-Name: Manolis Manioudis
Author-X-Name-First: Manolis
Author-X-Name-Last: Manioudis
Author-Name: Dimitris Milonakis
Author-X-Name-First: Dimitris
Author-X-Name-Last: Milonakis
Title: Smith’s Wealth of Nations and the economic past: setting the scene for economic history?
Abstract: 
 Although Adam Smith used history extensively in his Wealth of Nations, his contribution to economic history is neither systematised nor explicitly presented. The aimof this paper is to investigate the ways in which history is incorporated in Smith’s political economy and to elucidate the role of historical investigation in Smith’s Wealth of Nations. We propose a “four thematic” approach of Smith’s use of history, corresponding to four distinct ways in which Smith incorporates the historical element in his political economy. First, as method through a progressive version of proto-historical materialism, second, as illustration in order to verify his theoretical conclusions, third, as theory in the form of his stages theory, and, finally, as economic history to describe the emergence of modern Europe after the fall of the Roman Empire.
Journal: The European Journal of the History of Economic Thought
Pages: 142-163
Issue: 1
Volume: 28
Year: 2021
Month: 1
X-DOI: 10.1080/09672567.2020.1776355
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1776355
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Template-Type: ReDIF-Article 1.0
Author-Name: Carlo Cristiano
Author-X-Name-First: Carlo
Author-X-Name-Last: Cristiano
Title: The Elgar companion to John Maynard Keynes
Journal: The European Journal of the History of Economic Thought
Pages: 164-168
Issue: 1
Volume: 28
Year: 2021
Month: 1
X-DOI: 10.1080/09672567.2021.1877877
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1877877
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Template-Type: ReDIF-Article 1.0
Author-Name: Erwin Dekker
Author-X-Name-First: Erwin
Author-X-Name-Last: Dekker
Title: The marginal revolutionaries: how Austrian economists fought the war of ideas
Journal: The European Journal of the History of Economic Thought
Pages: 168-170
Issue: 1
Volume: 28
Year: 2021
Month: 1
X-DOI: 10.1080/09672567.2021.1877878
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1877878
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Template-Type: ReDIF-Article 1.0
Author-Name: Maxime Desmarais-Tremblay
Author-X-Name-First: Maxime
Author-X-Name-Last: Desmarais-Tremblay
Title: Monopoly power and competition. The Italian Marginalist perspective
Journal: The European Journal of the History of Economic Thought
Pages: 170-172
Issue: 1
Volume: 28
Year: 2021
Month: 1
X-DOI: 10.1080/09672567.2021.1877879
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1877879
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Template-Type: ReDIF-Article 1.0
Author-Name: Till Düppe
Author-X-Name-First: Till
Author-X-Name-Last: Düppe
Title: Histoire de la pensée économique
Journal: The European Journal of the History of Economic Thought
Pages: 172-175
Issue: 1
Volume: 28
Year: 2021
Month: 1
X-DOI: 10.1080/09672567.2021.1877882
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1877882
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Template-Type: ReDIF-Article 1.0
Author-Name: Bruno Höfig
Author-X-Name-First: Bruno
Author-X-Name-Last: Höfig
Title: Neue Perspektiven Auf Die Politische Ökonomie von Karl Marx Und Friedrich Engels: Die Marx-Engels-Gesamtausgabe (MEGA). Studien Zur Entwicklung Der Ökonomischen Theorie. Schriften Des Vereins Für Socialpolitik (SVS), Band 115/XXXIV
Journal: The European Journal of the History of Economic Thought
Pages: 175-177
Issue: 1
Volume: 28
Year: 2021
Month: 1
X-DOI: 10.1080/09672567.2021.1877883
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1877883
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Template-Type: ReDIF-Article 1.0
Author-Name: Motohiro Okada
Author-X-Name-First: Motohiro
Author-X-Name-Last: Okada
Title: Maffeo Pantaleoni on labour exchange: bridge between neoclassicism and Fascism
Abstract: 
 This article examines Maffeo Pantaleoni’s views on labour exchange and their transition. Pantaleoni’s theory shared the neo-classicist antinomy that, despite the emphasis on agent subjectivity, disregarded the variability in the content of labour resulting from worker subjectivity towards labour performance and employer countermeasures. Consequently, Pantaleoni espoused the neoclassical principle that takes for granted the market determination of capitalistic labour exchange without socio-political intervention. The transition of Pantaleoni’s outlook on actual labour issues reflected the gulf between his faith in this principle and realities. Thus, Pantaleoni’s perspective on labour exchange functioned as a bridge between neoclassicism and Fascism.
Journal: The European Journal of the History of Economic Thought
Pages: 179-200
Issue: 2
Volume: 28
Year: 2021
Month: 3
X-DOI: 10.1080/09672567.2020.1785522
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1785522
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Template-Type: ReDIF-Article 1.0
Author-Name: Michael Gaul
Author-X-Name-First: Michael
Author-X-Name-Last: Gaul
Title: Robert Torrens’ model of trade and growth: genesis and implications for the discovery of comparative advantage
Abstract: 
 This paper analyzes the evolution of Torrens’ trade theory from 1808 to 1826. Firstly, it shows that Torrens’ reflections on trade evolved considerably by comparing The Economists Refuted and the Essay on the Production of Wealth. Secondly, it offers an explanation of how and why this evolution took place by scrutinising the different editions of the Essay on the External Corn Trade. Thirdly, Torrens’ model of trade and growth is presented. Finally, by identifying the assumptions underlying the model, it is argued that, in the early 1820s, Torrens still adheres to the absolute advantage theory.
Journal: The European Journal of the History of Economic Thought
Pages: 201-228
Issue: 2
Volume: 28
Year: 2021
Month: 3
X-DOI: 10.1080/09672567.2020.1785521
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1785521
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Template-Type: ReDIF-Article 1.0
Author-Name: James R. Wible
Author-X-Name-First: James R.
Author-X-Name-Last: Wible
Author-Name: Kevin D. Hoover
Author-X-Name-First: Kevin D.
Author-X-Name-Last: Hoover
Title: The economics of trade liberalization: Charles S. Peirce and the Spanish Treaty of 1884
Abstract: 
 In the 1870 s and 1880 s, the scientist, logician, and pragmatist philosopher Charles S. Peirce possessed an advanced knowledge of mathematical economics, having mastered and criticised Cournot as early as 1871. In 1884 he engaged in a multi-round debate with the editors of The Nation over the economics of trade liberalisation in the case of a proposed trade treaty with Spain concerning import tariffs on Cuban and Puerto Rican sugar. While the mathematical underpinings of Peirce’s intervention in the debate are not explicit, they are evident in light of Peirce’s unpublished writing on Cournot. The debate is reconstructed and related carefully both to Peirce’s understanding of mathematical economics and to his philosophy of science. Peirce’s intervention is one of the earliest intricate applications of mathematical economics to public policy.
Journal: The European Journal of the History of Economic Thought
Pages: 229-248
Issue: 2
Volume: 28
Year: 2021
Month: 3
X-DOI: 10.1080/09672567.2020.1805483
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1805483
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Template-Type: ReDIF-Article 1.0
Author-Name: Claes-Henric Siven
Author-X-Name-First: Claes-Henric
Author-X-Name-Last: Siven
Title: Bent Hansen’s theory of inflation 19511
Abstract: 
 Bent Hansen’s analysis of repressed and open inflation was to some extent based on microeconomics, he analysed the interaction between wage and price inflation and discussed economic policy problems when there were goals in addition to that of curbing inflation. Hansen was influenced by Erik Lindahl who, like the other members of the Stockholm School was critical to the quantity theory of money. Hansen’s book contains early analyses of spill-over effects and building blocks of the supply multiplier.
Journal: The European Journal of the History of Economic Thought
Pages: 249-272
Issue: 2
Volume: 28
Year: 2021
Month: 3
X-DOI: 10.1080/09672567.2020.1805484
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1805484
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Template-Type: ReDIF-Article 1.0
Author-Name: Paolo Paesani
Author-X-Name-First: Paolo
Author-X-Name-Last: Paesani
Author-Name: Annalisa Rosselli
Author-X-Name-First: Annalisa
Author-X-Name-Last: Rosselli
Title: How speculation became respectable: early theories on financial and commodity markets
Abstract: 
 Around the 1860s, technological advancements in transport, communication and warehousing, contributed to the emergence of world markets for many staple commodities (e.g., cotton, wheat). At the same time, the economic needs of the companies involved in this commercial revolution stimulated the growth of markets for securities and shares. The growing complexity of global markets created propitious conditions for the emergence of a class of professional speculators. Initially, the frenzy that accompanied this process seemed to confirm traditional views, which identified speculation with gambling. With time, however, a new scientific literature emerged. Focussing on the last decade of the nineteenth century up to the early 1920s in the UK and US, our analysis brings to light how contributors to this new literature made the case for speculation against conventional wisdom. In so doing, they were not blind to the downside effects of speculation as a possible source of resource misallocation. Nevertheless, they chose to emphasise its constructive side, basing their arguments on the case of commodity markets, where the idea of a long-run equilibrium price to be attained by speculation appeared plausible. They employed the same arguments in the case of the stock exchange, downplaying differences between the two markets although they were well aware of them. Thus economists played a crucial role in convincing policymakers of the beneficial effects of the new speculative instruments, against the hostility of a large part of public opinion. Futures and their use for the purpose of short selling, the most controversial of the new trading practices, were gradually accepted and regarded as legitimate commercial transactions. On the other hand, options continued to attract suspicion for a long time and to be kept in a limbo between disreputable and acceptable operations. The paper expands the existing literature on the subject by providing the first systematic reconstruction of the shared analytical arguments that, in spite of differences between authors and contexts, contributed to making speculation gradually accepted in the UK and US.
Journal: The European Journal of the History of Economic Thought
Pages: 273-291
Issue: 2
Volume: 28
Year: 2021
Month: 3
X-DOI: 10.1080/09672567.2020.1817117
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1817117
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Template-Type: ReDIF-Article 1.0
Author-Name: Philippe Steiner
Author-X-Name-First: Philippe
Author-X-Name-Last: Steiner
Title: Economics and performativity. Exploring limits, theories and cases
Journal: The European Journal of the History of Economic Thought
Pages: 292-295
Issue: 2
Volume: 28
Year: 2021
Month: 3
X-DOI: 10.1080/09672567.2021.1893905
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1893905
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Template-Type: ReDIF-Article 1.0
Author-Name: Keith Tribe
Author-X-Name-First: Keith
Author-X-Name-Last: Tribe
Title: Méditations sur l’économie politique
Journal: The European Journal of the History of Economic Thought
Pages: 295-297
Issue: 2
Volume: 28
Year: 2021
Month: 3
X-DOI: 10.1080/09672567.2021.1893906
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1893906
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Template-Type: ReDIF-Article 1.0
Author-Name: Erik Grimmer-Solem
Author-X-Name-First: Erik
Author-X-Name-Last: Grimmer-Solem
Title: The visionary realism of German economics: from the thirty years’ war to the cold war
Journal: The European Journal of the History of Economic Thought
Pages: 297-299
Issue: 2
Volume: 28
Year: 2021
Month: 3
X-DOI: 10.1080/09672567.2021.1893903
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1893903
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:2:p:297-299




Template-Type: ReDIF-Article 1.0
Author-Name: Annalisa Rosselli
Author-X-Name-First: Annalisa
Author-X-Name-Last: Rosselli
Title: Adam Smith. La découverte du capitalisme et de ses limites
Journal: The European Journal of the History of Economic Thought
Pages: 300-302
Issue: 2
Volume: 28
Year: 2021
Month: 3
X-DOI: 10.1080/09672567.2021.1893904
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1893904
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:2:p:300-302




Template-Type: ReDIF-Article 1.0
Author-Name: Christopher J. Berry
Author-X-Name-First: Christopher J.
Author-X-Name-Last: Berry
Title: A philosopher’s economist: Hume and rise of capitalism
Journal: The European Journal of the History of Economic Thought
Pages: 302-304
Issue: 2
Volume: 28
Year: 2021
Month: 3
X-DOI: 10.1080/09672567.2021.1893902
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1893902
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Template-Type: ReDIF-Article 1.0
Author-Name: Lennart Erixon
Author-X-Name-First: Lennart
Author-X-Name-Last: Erixon
Title: The Stockholm School in a new age – Erik Lundberg’s changing views of the Rehn-Meidner Model
Abstract: 
 The established view is that the Stockholm-School economist Erik Lundberg was a tenacious opponent of the so-called Rehn-Meidner model, an economic and wage policy program developed by two Swedish trade-union economists after WW II. But despite his ideological objections, Lundberg shared many of the premises of the model in his debate with Gösta Rehn in the early 1950s. Furthermore, in their debate, Lundberg approached Rehn’s policy program and macroeconomic theory. Lundberg’s ambiguous attitude turned into a complete adoption of the Rehn-Meidner model in the 1960s. By highlighting the model’s originality, Lundberg also correctly downplayed the impact of the Stockholm School.
Journal: The European Journal of the History of Economic Thought
Pages: 375-403
Issue: 3
Volume: 28
Year: 2021
Month: 5
X-DOI: 10.1080/09672567.2020.1819361
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1819361
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:3:p:375-403




Template-Type: ReDIF-Article 1.0
Author-Name: Alex M. Thomas
Author-X-Name-First: Alex M.
Author-X-Name-Last: Thomas
Title: On “effectual demand” and the “extent of the market” in Adam Smith and David Ricardo
Abstract: 
 This paper revisits the question of demand in the works of Adam Smith and David Ricardo by adopting a novel approach: the joint examination of the concepts of “effectual demand” and the “extent of the market.” The discussion on “effectual demand” highlights its social nature and finds that in a multi-commodity framework, the vector of commodity supplies adapts to the vector of effectual demands. Subsequently, the “extent of the market” is seen to play a distinct role in determining economic growth as a demand-side determinant alongside the supply-side determinants of net saving and technological progress. The connections between the “extent of the market” and “effectual demand” are also explored in this paper. The findings point to a more important analytical role for demand in both Smith and Ricardo than has hitherto been highlighted.
Journal: The European Journal of the History of Economic Thought
Pages: 305-323
Issue: 3
Volume: 28
Year: 2021
Month: 5
X-DOI: 10.1080/09672567.2020.1817120
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1817120
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:3:p:305-323




Template-Type: ReDIF-Article 1.0
Author-Name: Agnès Le Tollec
Author-X-Name-First: Agnès
Author-X-Name-Last: Le Tollec
Title: A history of feminist and gender economics
Journal: The European Journal of the History of Economic Thought
Pages: 489-491
Issue: 3
Volume: 28
Year: 2021
Month: 5
X-DOI: 10.1080/09672567.2021.1893910
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1893910
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:3:p:489-491




Template-Type: ReDIF-Article 1.0
Author-Name: Roberto Romani
Author-X-Name-First: Roberto
Author-X-Name-Last: Romani
Title: Narrative economics: how stories go viral and drive major economic events
Journal: The European Journal of the History of Economic Thought
Pages: 496-497
Issue: 3
Volume: 28
Year: 2021
Month: 5
X-DOI: 10.1080/09672567.2021.1928927
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1928927
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:3:p:496-497




Template-Type: ReDIF-Article 1.0
Author-Name: Kayoko Misaki
Author-X-Name-First: Kayoko
Author-X-Name-Last: Misaki
Title: Léon Walras and The Wealth of Nations: what did he really learn from Adam Smith?
Abstract: 
 This paper clarifies what Walras learned from Smith by examining his quotations of Smith and his handwritten notes in the Wealth of Nations belonging to the Walras Library. Although Walras’s general equilibrium theory has often been compared to Smith’s “invisible hand,” Walras himself had no intention of developing it in his pure economics. In his applied economics, Walras was influenced by Smith’s analysis of the division of labour in terms of efficiency. However, Walras did not share the explanation of its origin in his social economics, which suggests the reason why Walras never quoted Smith’s Theory of Moral Sentiments.
Journal: The European Journal of the History of Economic Thought
Pages: 404-418
Issue: 3
Volume: 28
Year: 2021
Month: 5
X-DOI: 10.1080/09672567.2020.1837198
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1837198
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Template-Type: ReDIF-Article 1.0
Author-Name: Guy Numa
Author-X-Name-First: Guy
Author-X-Name-Last: Numa
Title: Marginalism
Journal: The European Journal of the History of Economic Thought
Pages: 493-495
Issue: 3
Volume: 28
Year: 2021
Month: 5
X-DOI: 10.1080/09672567.2021.1893912
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1893912
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:3:p:493-495




Template-Type: ReDIF-Article 1.0
Author-Name: Philippe Broda
Author-X-Name-First: Philippe
Author-X-Name-Last: Broda
Title: Institutions, economy and politics: the debate between Commons and North
Abstract: 
 This article compares John R. Commons and Douglass C. North. Both scholars justify the role of institutions by referring to cognitive issues and emphasise power relations as a key concern. However, their perspectives are radically different. North focuses on the barriers to the emergence of “open-access orders” in developing countries. The existence of impersonal norms is supposed to eradicate violence in society. In contrast, Commons is a progressive preoccupied with the survival of capitalism. In his view, through the growth of inequalities, these norms renders the system unstable. The economy has to be bounded at the political level.
Journal: The European Journal of the History of Economic Thought
Pages: 419-435
Issue: 3
Volume: 28
Year: 2021
Month: 5
X-DOI: 10.1080/09672567.2020.1837197
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1837197
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:3:p:419-435




Template-Type: ReDIF-Article 1.0
Author-Name: Astrid Van den Bossche
Author-X-Name-First: Astrid Van den
Author-X-Name-Last: Bossche
Title: The economics book: from Xenophon to Cryptocurrency, 250 milestones in the history of economics
Journal: The European Journal of the History of Economic Thought
Pages: 483-484
Issue: 3
Volume: 28
Year: 2021
Month: 5
X-DOI: 10.1080/09672567.2021.1893914
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1893914
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:3:p:483-484




Template-Type: ReDIF-Article 1.0
Author-Name: Richard Sturn
Author-X-Name-First: Richard
Author-X-Name-Last: Sturn
Title: The betrayal of liberal economics
Journal: The European Journal of the History of Economic Thought
Pages: 485-489
Issue: 3
Volume: 28
Year: 2021
Month: 5
X-DOI: 10.1080/09672567.2021.1893913
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1893913
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:3:p:485-489




Template-Type: ReDIF-Article 1.0
Author-Name: Thomas Müller
Author-X-Name-First: Thomas
Author-X-Name-Last: Müller
Title: Measuring utility. From the marginal revolution to behavioural economics
Journal: The European Journal of the History of Economic Thought
Pages: 492-493
Issue: 3
Volume: 28
Year: 2021
Month: 5
X-DOI: 10.1080/09672567.2021.1893911
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1893911
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:3:p:492-493




Template-Type: ReDIF-Article 1.0
Author-Name: Eric Magnin
Author-X-Name-First: Eric
Author-X-Name-Last: Magnin
Author-Name: Nikolay Nenovsky
Author-X-Name-First: Nikolay
Author-X-Name-Last: Nenovsky
Title: Calculating without money. Theories of in-kind accounting of Alexander Chayanov, Otto Neurath and the early Soviet experiences
Abstract: 
 This paper focuses on Soviet practices and debates on money during the 1918–1921 period. In the first part, we briefly present the Bolshevik policy and discussions on eliminating money as a means of payments and calculation. In the second part, we outline in details A. Chayanov's model of in-kind accounting by making some comparisons with O. Neurath’s proposals for an economy in kind. The latter had a decisive influence on Soviet Russia. Finally, we conclude with some reflections on the role of these models for ecological economics, modern efficiency measuring and monetary theory.
Journal: The European Journal of the History of Economic Thought
Pages: 456-477
Issue: 3
Volume: 28
Year: 2021
Month: 5
X-DOI: 10.1080/09672567.2020.1849339
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1849339
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:3:p:456-477




Template-Type: ReDIF-Article 1.0
Author-Name: Ariane Dupont Kieffer
Author-X-Name-First: Ariane Dupont
Author-X-Name-Last: Kieffer
Title: The most Frischian among the Norwegian Economists
Journal: The European Journal of the History of Economic Thought
Pages: 478-482
Issue: 3
Volume: 28
Year: 2021
Month: 5
X-DOI: 10.1080/09672567.2021.1898793
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1898793
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:3:p:478-482




Template-Type: ReDIF-Article 1.0
Author-Name: Luca Sandonà
Author-X-Name-First: Luca
Author-X-Name-Last: Sandonà
Title: An intellectual boost for Italy’s Europeanisation: the contribution of the influential think tanks Arel and Nomisma (1978–1993)
Abstract: 
 This study analyses the intellectual work of the two principal Italian think tanks—Arel and Nomisma—that were ideologically close to the left-wing Christian Democracy Party during the period of social conflicts in the 1970s until the signing of the Maastricht Treaty in 1992. Even these two think tanks had different specialisations, organisational structures and methodological approaches, both strongly favoured Italy’s Europeanisation. However, the Christian Democracy Party did not follow Arel’s recommendations to maintain control over public debt through the introduction of a public spending limit in the Constitution or Nomisma’s recommendation to implement a long-term industrial policy strategy.
Journal: The European Journal of the History of Economic Thought
Pages: 324-351
Issue: 3
Volume: 28
Year: 2021
Month: 5
X-DOI: 10.1080/09672567.2020.1817118
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1817118
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:3:p:324-351




Template-Type: ReDIF-Article 1.0
Author-Name: Alexander Jordan
Author-X-Name-First: Alexander
Author-X-Name-Last: Jordan
Title: The dismal science down under: responses to Thomas Carlyle amongst Australasian Economists, c. 1880–1920
Abstract: 
 Thomas Carlyle is commonly remembered as the arch-nemesis of economics. However, Carlyle’s ideas in fact had a considerable influence among economists in Australia and New Zealand. Indeed, an array of Australasian economists cited Carlyle in criticising self-interest, laissez-faire, and materialism, in suggesting that economic science ought to accord greater importance to ethical factors, and in urging the “Captains of Industry” and the State to exercise paternal guidance over the working classes. In short, Carlyle’s writings shaped Australasian economists’ understanding, portrayal, and critique of the previous generation of so-called “old” economists, as well as their self-understanding as self-professed “new” economists.
Journal: The European Journal of the History of Economic Thought
Pages: 436-455
Issue: 3
Volume: 28
Year: 2021
Month: 5
X-DOI: 10.1080/09672567.2020.1849340
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1849340
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:3:p:436-455




Template-Type: ReDIF-Article 1.0
Author-Name: João Sicsú
Author-X-Name-First: João
Author-X-Name-Last: Sicsú
Title: Keynes’s state planning: from Bolshevism to The General Theory
Abstract: 
 The purpose of this paper is to present Keynes’s view on state planning in an orderly manner, as elements of his vision appeared scattered here and there from the 1920s until the publication of his General Theory. One could argue that Keynes’ ideas on planning were influenced by Soviet planning; the Great Depression and Roosevelt’s New Deal; and in parallel, the theoretical transition Keynes was going through. His conception consolidated when he established that it was necessary to control investment and income distribution, although he believed planning should walk hand in hand with democracy.
Journal: The European Journal of the History of Economic Thought
Pages: 352-374
Issue: 3
Volume: 28
Year: 2021
Month: 5
X-DOI: 10.1080/09672567.2020.1828964
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1828964
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:3:p:352-374




Template-Type: ReDIF-Article 1.0
Author-Name: Sergio Nisticò
Author-X-Name-First: Sergio
Author-X-Name-Last: Nisticò
Title: Some notes on Gossen’s “submerged and forgotten” approach to consumption and time
Abstract: 
 Hermann Heinrich Gossen has traditionally been considered a forerunner of the neoclassical theory of demand. With the long-awaited publication, in 1983, of the English translation of Gossen’s book, its editor, Nicholas Georgescu-Roegen, saw in The Laws of Human Relations and the Rules of Human Action Derived Therefrom the roots of a wholly different theory of consumption choices than that generally accepted, one in which the flow of time plays a non-trivial role. However, Georgescu-Roegen’s interpretation did not object to Gossen being a precursor of the subjective theory of value. The paper argues, with evidence from the works of Gossen, Jevons, Menger and Walras, that, contrary to this interpretation, the theoretical connection between Gossen and the marginalist school is unwarranted in that Gossen, contrary to the early marginalists, was not concerned with adding to the theory of exchange the demand side which the classical British tradition had neglected. In fact, Jevons and Walras, concerned with building a demand-and-supply theory of price and with their relative merits as discoverers of the new approach, “elected” Gossen as their common precursor, despite the fact that Gossen explicitly rejected the idea that his laws of pleasure could bear any implication for the theory of exchage.
Journal: The European Journal of the History of Economic Thought
Pages: 635-653
Issue: 4
Volume: 28
Year: 2021
Month: 7
X-DOI: 10.1080/09672567.2020.1862270
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1862270
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:4:p:635-653




Template-Type: ReDIF-Article 1.0
Author-Name: Pavel Kuchař
Author-X-Name-First: Pavel
Author-X-Name-Last: Kuchař
Title: Recharting the history of economic thought
Journal: The European Journal of the History of Economic Thought
Pages: 680-682
Issue: 4
Volume: 28
Year: 2021
Month: 7
X-DOI: 10.1080/09672567.2021.1936723
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1936723
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:4:p:680-682




Template-Type: ReDIF-Article 1.0
Author-Name: Pierre Januard
Author-X-Name-First: Pierre
Author-X-Name-Last: Januard
Title: Analysis risk and commercial risk: the first treatment of usury in Thomas Aquinas’s Commentary on the Sentences
Abstract: 
 Whereas literature on Thomas Aquinas’s doctrine of usury has tended to focus on the Summa Theologiae, this paper highlights the contribution of his early work the Commentary on the Sentences. In this work, Aquinas distances himself from the Roman law mutuum and the assumption of a borrower’s state of necessity, and he introduces preliminary monetary elements. He thereby paves the way for a future understanding of surplus in intertemporal exchange. The monetary loan is presented as a commercial exchange involving not only commercial risk but also the risk of analytical errors in understanding the nature of the operation.
Journal: The European Journal of the History of Economic Thought
Pages: 599-634
Issue: 4
Volume: 28
Year: 2021
Month: 7
X-DOI: 10.1080/09672567.2020.1861046
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1861046
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:4:p:599-634




Template-Type: ReDIF-Article 1.0
Author-Name: Yorgos Stassinopoulos
Author-X-Name-First: Yorgos
Author-X-Name-Last: Stassinopoulos
Title: Andreas Andréadès: economic liberalism’s dilemmas in the interwar period
Abstract: 
 The aim of this paper is to re-examine Andreas Andréadès’ contribution to the economic policy literature. Emphasis is given to the connection between his theoretical ideas and postulates, and his analysis of the public finance in Greece during the interwar era. His research activity was bounded by two Greek sovereign defaults and five military campaigns which overwhelmingly affected the country’s public finances. Andréadès remained critical towards extensive government intervention in the market process, proposing instead liberal economic policies that could safeguard institutions from compromising their independence by economic interests and political interference in bureaucratic decision-making.
Journal: The European Journal of the History of Economic Thought
Pages: 654-678
Issue: 4
Volume: 28
Year: 2021
Month: 7
X-DOI: 10.1080/09672567.2021.1879189
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1879189
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:4:p:654-678




Template-Type: ReDIF-Article 1.0
Author-Name: Samuel Demeulemeester
Author-X-Name-First: Samuel
Author-X-Name-Last: Demeulemeester
Title: The 100% money proposal of the 1930s: an avatar of the Currency School’s reform ideas?
Abstract: 
 This paper argues that the 100% money proposal of the 1930s should not (as is often the case) simply be considered as an avatar, extended to deposit currency, of the Currency School’s reform prescriptions. The English Bank Charter Act of 1844, indeed, conveyed a double rejection: it not only sought to divorce the issuing from the lending of money, but also to prevent all kind of monetary management, by enacting a specific issuing rule (the “currency principle”) into law. The 100% money proposal, in contrast, was designed independently of any monetary policy recommendations, leaving open the debate of “rules versus discretion”.
Journal: The European Journal of the History of Economic Thought
Pages: 577-598
Issue: 4
Volume: 28
Year: 2021
Month: 7
X-DOI: 10.1080/09672567.2020.1861045
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1861045
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:4:p:577-598




Template-Type: ReDIF-Article 1.0
Author-Name: Matthew T. Panhans
Author-X-Name-First: Matthew T.
Author-X-Name-Last: Panhans
Title: Progress Through Regression: The Life Story of the Empirical Cobb-Douglas Production Function
Journal: The European Journal of the History of Economic Thought
Pages: 691-693
Issue: 4
Volume: 28
Year: 2021
Month: 7
X-DOI: 10.1080/09672567.2021.1936713
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1936713
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:4:p:691-693




Template-Type: ReDIF-Article 1.0
Author-Name: Biancamaria Fontana
Author-X-Name-First: Biancamaria
Author-X-Name-Last: Fontana
Title: Commerce and manners in Edmund Burke’s political economy
Journal: The European Journal of the History of Economic Thought
Pages: 687-689
Issue: 4
Volume: 28
Year: 2021
Month: 7
X-DOI: 10.1080/09672567.2021.1936718
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1936718
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:4:p:687-689




Template-Type: ReDIF-Article 1.0
Author-Name: Gary M. Galles
Author-X-Name-First: Gary M.
Author-X-Name-Last: Galles
Author-Name: Robert L. Sexton
Author-X-Name-First: Robert L.
Author-X-Name-Last: Sexton
Title: Why the kinked demand curve may still be useful
Abstract: 
 Unlike the common interpretation and consequent general rejection of the kinked demand curve, J.M. Clark developed a different, and more useful, interpretation of the kinked demand curve. While his approach was not generally understood, for reasons we will discuss (including the fact that his discussion of related issues was scattered among multiple books and articles, many of which primarily focussed on other issues), Clark’s approach to the kinked demand curve offers valuable insights into typically overlooked properties of imperfect, price-quoting markets, as opposed to the standard implicit assumption of perfect markets.
Journal: The European Journal of the History of Economic Thought
Pages: 559-576
Issue: 4
Volume: 28
Year: 2021
Month: 7
X-DOI: 10.1080/09672567.2020.1849337
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1849337
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:4:p:559-576




Template-Type: ReDIF-Article 1.0
Author-Name: Roberto Lampa
Author-X-Name-First: Roberto
Author-X-Name-Last: Lampa
Title: The first socialization debate (1918) and early efforts towards socialisation
Journal: The European Journal of the History of Economic Thought
Pages: 689-691
Issue: 4
Volume: 28
Year: 2021
Month: 7
X-DOI: 10.1080/09672567.2021.1936720
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1936720
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:4:p:689-691




Template-Type: ReDIF-Article 1.0
Author-Name: Francesco Di Iorio
Author-X-Name-First: Francesco
Author-X-Name-Last: Di Iorio
Title: F. A. Hayek and the epistemology of politics: the curious task of economics
Journal: The European Journal of the History of Economic Thought
Pages: 679-680
Issue: 4
Volume: 28
Year: 2021
Month: 7
X-DOI: 10.1080/09672567.2021.1936716
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1936716
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:4:p:679-680




Template-Type: ReDIF-Article 1.0
Author-Name: Tiago Cardao-Pito
Author-X-Name-First: Tiago
Author-X-Name-Last: Cardao-Pito
Title: Fisher-Modigliani-Miller organisational finance theory and the financialisation of contemporary societies
Abstract: 
 Apart from followers as Milton Friedman, Paul Samuelson, Ronald Coase, and Maurice Allais, most economists abandoned Irving Fisher’s economic framework after the post-1929 Great Crisis. Without citing Fisher however, in 1958 Franco Modigliani and Merton Miller reutilised his framework to found the organisational finance theory awarded several Nobel prizes. This organisational finance theory is highly supportive of the financialisation of societies. It advocates that organisations exist to maximise their owners’/shareholders’ wealth, a ‘perfect markets fallacy’, and the elimination of taxes and regulations. Furthermore, it contends an unverified separation theorem between financial and productive sectors, or among financial, investing, and operating decisions.
Journal: The European Journal of the History of Economic Thought
Pages: 499-522
Issue: 4
Volume: 28
Year: 2021
Month: 7
X-DOI: 10.1080/09672567.2020.1840604
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1840604
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:4:p:499-522




Template-Type: ReDIF-Article 1.0
Author-Name: Sylvie Rivot
Author-X-Name-First: Sylvie
Author-X-Name-Last: Rivot
Title: The Friedman-Lucas Transition in Macroeconomics: A Structuralist Approach
Journal: The European Journal of the History of Economic Thought
Pages: 684-687
Issue: 4
Volume: 28
Year: 2021
Month: 7
X-DOI: 10.1080/09672567.2021.1936722
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1936722
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:4:p:684-687




Template-Type: ReDIF-Article 1.0
Author-Name: James Forder
Author-X-Name-First: James
Author-X-Name-Last: Forder
Title: Expectations. Theory and applications from historical perspective
Journal: The European Journal of the History of Economic Thought
Pages: 683-684
Issue: 4
Volume: 28
Year: 2021
Month: 7
X-DOI: 10.1080/09672567.2021.1936719
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1936719
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:4:p:683-684




Template-Type: ReDIF-Article 1.0
Author-Name: Fabrizio Simon
Author-X-Name-First: Fabrizio
Author-X-Name-Last: Simon
Title: The economist and the secret agent. Strategies to introduce the British model of society into Sicily of 1812.1
Abstract: 
 The paper explores the events which determined the transition of Sicily from the ancien regime towards a modern liberal society. The key figures selected to understand this historical moment are the economist Paolo Balsamo, professor at Regia Università di Palermo, and the Scottish gentleman Gould Francis Leckie, whose profile as landowner and scholar concealed his intelligence activity in Sicily. This essay shows how British policy and Sicilian ruling class conceived a plan to transform the island by importing a model of capitalist society from the United Kingdom and entrusted it to the cultural and political role exercised by Balsamo.
Journal: The European Journal of the History of Economic Thought
Pages: 523-558
Issue: 4
Volume: 28
Year: 2021
Month: 7
X-DOI: 10.1080/09672567.2020.1849338
File-URL: http://hdl.handle.net/10.1080/09672567.2020.1849338
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:4:p:523-558




Template-Type: ReDIF-Article 1.0
Author-Name: Pascal Bridel
Author-X-Name-First: Pascal
Author-X-Name-Last: Bridel
Title: The part played by general equilibrium in the liquidity preference vs loanable funds episode (1936–1956)
Abstract: 
 Using as a test the drawn-out liquidity preference vs loanable funds debate between 1936 and 1956, this paper pursues two lines of inquiries: to illustrate first the progressive conquest of Keynesian macroeconomics by general equilibrium techniques to build the neoclassical synthesis; and, second, to evaluate the epistemological status of the general equilibrium model used by the various debaters who were still confused about the connections between formal models and interpretative contents; hence, they systematically overestimated general equilibrium explanatory capabilities.
Journal: The European Journal of the History of Economic Thought
Pages: 753-786
Issue: 5
Volume: 28
Year: 2021
Month: 9
X-DOI: 10.1080/09672567.2021.1893778
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1893778
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:5:p:753-786




Template-Type: ReDIF-Article 1.0
Author-Name: Tommaso Brollo
Author-X-Name-First: Tommaso
Author-X-Name-Last: Brollo
Title: Money in the debt relationship: notes on the medieval conceptualisation of money in Accursius and Bartolus of Sassoferrato
Abstract: 
 It is generally thought that medieval thinkers regarded money as a commodity, a lump of metal valuable only according to its intrinsic value. This paper contends this view by discussing the conceptualisation of the nature and role of money as it emerges from the juridical literature considering the forms of settlement of a monetary loan. Considering the paying power of money, then, it appears that the medieval authors conceived money as first and foremost a unit to express debts and prices; this money of account was considered as firmly distinct from the various means of payment that could be used to discharge a debtor of what was due. In this context, a nominal monetary mutation—that is, a change in the value of a coin in terms of money of account—was considered to have effect on the paying power of that coin in the debt contract, that remained anchored to the nominal expression, not to the intrinsic metal content per unit of value.
Journal: The European Journal of the History of Economic Thought
Pages: 787-810
Issue: 5
Volume: 28
Year: 2021
Month: 9
X-DOI: 10.1080/09672567.2021.1893776
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1893776
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Template-Type: ReDIF-Article 1.0
Author-Name: Keith Tribe
Author-X-Name-First: Keith
Author-X-Name-Last: Tribe
Title: Max Weber, Praktische Nationalökonomie. Vorlesungen 1895–1899
Journal: The European Journal of the History of Economic Thought
Pages: 886-888
Issue: 5
Volume: 28
Year: 2021
Month: 9
X-DOI: 10.1080/09672567.2021.1936732
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1936732
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:5:p:886-888




Template-Type: ReDIF-Article 1.0
Author-Name: Enrico Petracca
Author-X-Name-First: Enrico
Author-X-Name-Last: Petracca
Title: On the origins and consequences of Simon’s modular approach to bounded rationality in economics
Abstract: 
 This paper discusses why in the 1950s Herbert Simon introduced bounded rationality as a modular notion—consisting of a “cognitive” and an “environmental” module—and explores the consequences of this choice. Originally, Simon emphasised cognition in economics and the environment in psychology to meet specific disciplinary interests. Continuing adaptively to emphasise cognition in economics has led, then, to significant unintended consequences: (i) the easier assimilation of Simon’s bounded rationality by neoclassical economics, and (ii) the persistent confusion between Simon’s and Kahneman and Tversky’s contribution. Seeing the recognition of his credit endangered, Simon reemphasised the environment when Gigerenzer introduced environment-based ecological rationality.
Journal: The European Journal of the History of Economic Thought
Pages: 708-732
Issue: 5
Volume: 28
Year: 2021
Month: 9
X-DOI: 10.1080/09672567.2021.1877760
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1877760
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Template-Type: ReDIF-Article 1.0
Author-Name: Geoffrey M. Hodgson
Author-X-Name-First: Geoffrey M.
Author-X-Name-Last: Hodgson
Title: Veblen: the making of an economist who unmade economics
Journal: The European Journal of the History of Economic Thought
Pages: 875-877
Issue: 5
Volume: 28
Year: 2021
Month: 9
X-DOI: 10.1080/09672567.2021.1936727
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1936727
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:5:p:875-877




Template-Type: ReDIF-Article 1.0
Author-Name: Maria Cristina Marcuzzo
Author-X-Name-First: Maria Cristina
Author-X-Name-Last: Marcuzzo
Title: Democratising the economic debate. Pluralism and research evaluation
Journal: The European Journal of the History of Economic Thought
Pages: 877-880
Issue: 5
Volume: 28
Year: 2021
Month: 9
X-DOI: 10.1080/09672567.2021.1936729
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1936729
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:5:p:877-880




Template-Type: ReDIF-Article 1.0
Author-Name: Mauro Boianovsky
Author-X-Name-First: Mauro
Author-X-Name-Last: Boianovsky
Title: Roy Harrod
Journal: The European Journal of the History of Economic Thought
Pages: 870-873
Issue: 5
Volume: 28
Year: 2021
Month: 9
X-DOI: 10.1080/09672567.2021.1936725
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1936725
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:5:p:870-873




Template-Type: ReDIF-Article 1.0
Author-Name: Vladislav Valentinov
Author-X-Name-First: Vladislav
Author-X-Name-Last: Valentinov
Author-Name: Steffen Roth
Author-X-Name-First: Steffen
Author-X-Name-Last: Roth
Title: Chester Barnard’s systems-theoretic approach to organisation theory: a reconstruction
Abstract: 
 Chester Barnard’s organisation theory is widely acknowledged to be grounded on a systems-theoretic approach which has however remained largely inchoate. The present paper ventures a hypothetical reconstruction of this approach by identifying the salient parallels between Barnard’s thought and Niklas Luhmann’s theory of social systems as well as Alfred North Whitehead’s philosophy of organism. While these parallels are by no means perfect, Barnard seems to have anticipated the Luhmannian view of organisations as complexity-reducing systems navigating a precarious outer environment. Drawing on Whitehead, Barnard argued that organisations may succeed with this task insofar as they operate as organismic wholes.
Journal: The European Journal of the History of Economic Thought
Pages: 733-752
Issue: 5
Volume: 28
Year: 2021
Month: 9
X-DOI: 10.1080/09672567.2021.1877759
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1877759
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Template-Type: ReDIF-Article 1.0
Author-Name: Adriano do Vale
Author-X-Name-First: Adriano
Author-X-Name-Last: do Vale
Title: Central bank independence, a not so new idea in the history of economic thought: a doctrine in the 1920s
Abstract: 
 Central bank independence (CBI) has been a prominent topic for decades, but remains relatively unexplored in the history of economic thought. Relevant literature is scarce and focuses on the post-war period. To extend this literature, I argue that there was a doctrine of CBI in the 1920s. I examine its development from an international recommendation and a principle of the central banking doctrine designed by the British governor Norman to the elaborate doctrine of Kisch & Elkin. The paper’s main contribution is a detailed analysis of the doctrine of CBI provided in their reference book on central banking.
Journal: The European Journal of the History of Economic Thought
Pages: 811-843
Issue: 5
Volume: 28
Year: 2021
Month: 9
X-DOI: 10.1080/09672567.2021.1908393
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1908393
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Template-Type: ReDIF-Article 1.0
Author-Name: Pierre Courtois
Author-X-Name-First: Pierre
Author-X-Name-Last: Courtois
Author-Name: Tarik Tazdaït
Author-X-Name-First: Tarik
Author-X-Name-Last: Tazdaït
Title: Jacques Lacan and game theory: an early contribution to common knowledge reasoning
Abstract: 
 Lacan’s contribution in applying and promoting game theory in the early 1950s is mostly ignored in the history of game theory. Yet his early analyses of logical reasoning made him one of the first social scientists to consider the importance of the hypothesis of common knowledge. By retracing Lacan's path in his discovery of game theory, we show how much he has been a precursor in applying it. While accommodating a narrative approach, he demonstrated rigour and originality. Soliciting mathematicians open to interdisciplinarity, he introduced as early as 1945 modes of reasoning which corresponds to reasoning based on common knowledge.
Journal: The European Journal of the History of Economic Thought
Pages: 844-869
Issue: 5
Volume: 28
Year: 2021
Month: 9
X-DOI: 10.1080/09672567.2021.1908392
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1908392
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Template-Type: ReDIF-Article 1.0
Author-Name: Joost Hengstmengel
Author-X-Name-First: Joost
Author-X-Name-Last: Hengstmengel
Title: The paradox of value in the teaching of the Church Fathers
Abstract: 
 The paradox of value is a classic puzzle in economics. It wonders why necessities are cheap while luxury goods are useless but expensive. Often Adam Smith is cited as the “inventor” of the paradox. Few economists seem to realise that it was voiced by numerous writers before. This article focuses on the Church Fathers, and discusses the role and interpretation of the paradox in their works. It argues that although these “theologians” did not take the analysis of the paradox much further than their philosophical predecessors, they elaborated on the subjectivity of value and price, thus contributing to the genesis of the economic theory of value.
Journal: The European Journal of the History of Economic Thought
Pages: 695-707
Issue: 5
Volume: 28
Year: 2021
Month: 9
X-DOI: 10.1080/09672567.2021.1877758
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1877758
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:5:p:695-707




Template-Type: ReDIF-Article 1.0
Author-Name: Alain Marciano
Author-X-Name-First: Alain
Author-X-Name-Last: Marciano
Title: Towards an economics of natural equals. A documentary history of the early Virginia School
Journal: The European Journal of the History of Economic Thought
Pages: 873-875
Issue: 5
Volume: 28
Year: 2021
Month: 9
X-DOI: 10.1080/09672567.2021.1936728
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1936728
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:5:p:873-875




Template-Type: ReDIF-Article 1.0
Author-Name: Ajit Sinha
Author-X-Name-First: Ajit
Author-X-Name-Last: Sinha
Title: Ricardo’s theory of growth and accumulation: a modern view
Journal: The European Journal of the History of Economic Thought
Pages: 883-886
Issue: 5
Volume: 28
Year: 2021
Month: 9
X-DOI: 10.1080/09672567.2021.1936730
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1936730
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:5:p:883-886




Template-Type: ReDIF-Article 1.0
Author-Name: Roger E. Backhouse
Author-X-Name-First: Roger E.
Author-X-Name-Last: Backhouse
Title: Paul Samuelson: Master of modern economics
Journal: The European Journal of the History of Economic Thought
Pages: 880-883
Issue: 5
Volume: 28
Year: 2021
Month: 9
X-DOI: 10.1080/09672567.2021.1936724
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1936724
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:5:p:880-883




Template-Type: ReDIF-Article 1.0
Author-Name: Julius Horvath
Author-X-Name-First: Julius
Author-X-Name-Last: Horvath
Title: A History of Czech Economic Thought
Journal: The European Journal of the History of Economic Thought
Pages: 1059-1060
Issue: 6
Volume: 28
Year: 2021
Month: 11
X-DOI: 10.1080/09672567.2021.1997434
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1997434
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:6:p:1059-1060




Template-Type: ReDIF-Article 1.0
Author-Name: Peter Spahn
Author-X-Name-First: Peter
Author-X-Name-Last: Spahn
Title: Raising Keynes. A twenty-first-century general theory
Journal: The European Journal of the History of Economic Thought
Pages: 1055-1057
Issue: 6
Volume: 28
Year: 2021
Month: 11
X-DOI: 10.1080/09672567.2021.1997438
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1997438
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:6:p:1055-1057




Template-Type: ReDIF-Article 1.0
Author-Name: Robert W. Dimand
Author-X-Name-First: Robert W.
Author-X-Name-Last: Dimand
Author-Name: Sylvie Rivot
Author-X-Name-First: Sylvie
Author-X-Name-Last: Rivot
Title: From “science as measurement” to “measurement and theory”: the Cowles Commission and contrasting empirical methodologies at the University of Chicago, 1943 to 1955
Abstract: 
 While located at the University of Chicago, the Cowles Commission for Research in Economics advanced a distinctive “Cowles Commission approach” to macroeconomic modelling, using maximum likelihood methods to estimate structurally-identified Keynesian simultaneous-equations models, with the methods presented in two Cowles monographs edited or co-edited by Tjalling Koopmans, a pioneering implementation in another Cowles monograph by Lawrence Klein, and a polemical contrast with the earlier NBER approach in Koopmans’s “Measurement Without Theory” critique of Arthur Burns and Wesley Mitchell. The Cowles approach to empirical methodology was vigorously contested at the University of Chicago by Milton Friedman (a former student of Burns and Mitchell), notably in Cowles seminars, in a defence of “Wesley Mitchell as an Economic Theorist” and at a 1949 NBER conference on business cycles. This paper examines the two contrasting approaches to empirical economics at the University of Chicago in the late 1940s and early 1950s, at the confrontations and exchanges between the two approaches, which contributed to the 1955 move of Cowles from Chicago to Yale.
Journal: The European Journal of the History of Economic Thought
Pages: 940-964
Issue: 6
Volume: 28
Year: 2021
Month: 11
X-DOI: 10.1080/09672567.2021.1963799
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1963799
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Template-Type: ReDIF-Article 1.0
Author-Name: Rogério Arthmar
Author-X-Name-First: Rogério
Author-X-Name-Last: Arthmar
Author-Name: Michael McLure
Author-X-Name-First: Michael
Author-X-Name-Last: McLure
Title: On continuity and general equilibrium: Pareto, Cassel, and the foundations of neoclassical economics
Abstract: 
 This article explores the application of the principle of continuity to general equilibrium theory by Vilfredo Pareto, Gustav Cassel, and Knut Wicksell. It begins by recapping Pareto’s early works based on cardinal utility and continuity. After that, Cassel’s proposal of an elementary framing for general equilibrium with discontinuous functions is presented. The next section covers some unpublished letters between Pareto, Maffeo Pantaleoni, and Cassel related to the issue. It is followed by a review of the reception of Cassel’s ideas advanced in his 1899 Grundriss. In the end, some reflections are offered on the scientific implications of the principle of continuity to neoclassical economics.
Journal: The European Journal of the History of Economic Thought
Pages: 892-909
Issue: 6
Volume: 28
Year: 2021
Month: 11
X-DOI: 10.1080/09672567.2021.1923774
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1923774
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:6:p:892-909




Template-Type: ReDIF-Article 1.0
Author-Name: A. M. C. Waterman
Author-X-Name-First: A. M. C.
Author-X-Name-Last: Waterman
Title: Against “Capitalism”: Eugene McCarraher on “The Enchantments of Mammon” — A Review Essay
Journal: The European Journal of the History of Economic Thought
Pages: 1044-1054
Issue: 6
Volume: 28
Year: 2021
Month: 11
X-DOI: 10.1080/09672567.2021.1997443
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1997443
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:6:p:1044-1054




Template-Type: ReDIF-Article 1.0
Author-Name: Maxime Desmarais-Tremblay
Author-X-Name-First: Maxime
Author-X-Name-Last: Desmarais-Tremblay
Author-Name: Andrej Svorenčík
Author-X-Name-First: Andrej
Author-X-Name-Last: Svorenčík
Title: A prosopography of the European Society for the History of Economic Thought
Abstract: 
 Since its formal establishment in 1996, the European Society for the History of Economic Thought (ESHET) has organised 23 annual conferences. Participation data gathered from various sources reveals 1777 unique participants. In order to study their regular engagement with ESHET, we focus only on a group of 476 scholars who attended at least three conferences. We collect available biographic data on this smaller group of regular attendees and analyse their educational background, career trajectories, geographical and gender representation. With this prosopography we depict the evolving structure of the history of economic thought community in Europe and beyond.
Journal: The European Journal of the History of Economic Thought
Pages: 1005-1024
Issue: 6
Volume: 28
Year: 2021
Month: 11
X-DOI: 10.1080/09672567.2021.1987495
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1987495
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:6:p:1005-1024




Template-Type: ReDIF-Article 1.0
Author-Name: Eyüp Özveren
Author-X-Name-First: Eyüp
Author-X-Name-Last: Özveren
Author-Name: M. Erdem Özgür
Author-X-Name-First: M. Erdem
Author-X-Name-Last: Özgür
Title: The Turkish Kadro pioneers of a Balkan Dependencia in the interwar period: rethinking underemployment, monetary policy, and technology
Abstract: 
 The Kadro movement-cum-journal (January 1932–January 1935) was formed by a few Turkish economists and intellectuals sensitive to Balkan affairs and with post-war revolutionary experiences in Moscow, Berlin, and Munich. The Kadro was first and foremost developmentalist, given the circumstances of an undeveloped country situated in an unstable region caught in the repercussions of the collapsing world market. It was an innovative cluster open to team work to put forward an international political economic perspective for advancing economic thought and policy during the Great Depression. It is thus among the precursors of Latin American dependency theory.
Journal: The European Journal of the History of Economic Thought
Pages: 910-939
Issue: 6
Volume: 28
Year: 2021
Month: 11
X-DOI: 10.1080/09672567.2021.1987496
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1987496
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:6:p:910-939




Template-Type: ReDIF-Article 1.0
Author-Name: Fabio Masini
Author-X-Name-First: Fabio
Author-X-Name-Last: Masini
Title: William Nordhaus: A disputable Nobel [Prize]? Externalities, climate change, and governmental action
Abstract: 
 In 2018 William Nordhaus was awarded the Nobel Prize in economics for his contributions to the macroeconomics of climate change. Nevertheless, Nordhaus since the early 1970s was engaged in an academic struggle to contrast the major supporters of The Limits to Growth. Later, though acknowledging some impact of climate change on economic activity and suggesting taxes on greenhouse emissions, he systematically opposed pessimistic views concerning global warming; thus putting off governmental action. The aim of this paper is to enquire into the Nordhaus’s contributions to the economics of climate change, and their impact on academic and public debates.
Journal: The European Journal of the History of Economic Thought
Pages: 985-1004
Issue: 6
Volume: 28
Year: 2021
Month: 11
X-DOI: 10.1080/09672567.2021.1963798
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1963798
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:6:p:985-1004




Template-Type: ReDIF-Article 1.0
Author-Name: Stavros A. Drakopoulos
Author-X-Name-First: Stavros A.
Author-X-Name-Last: Drakopoulos
Title: The marginalization of absolute and relative income hypotheses of consumption and the role of fiscal policy
Abstract: 
 Contrary to Keynes’ and Duesenberry’s consumption theories, absolute or relative income plays a minimal role in the life-cycle and in the permanent-income hypotheses. It plays an even lesser role in contemporary orthodox consumption functions which are extensions of these two theories in a rational-expectations framework. As a result, the theoretical effectiveness of fiscal policy for raising output is greatly diminished. The paper argues that Keynes’ and Duesenberry’s approaches were marginalised not because of their empirical or theoretical shortcomings, but because of emphasising the psychological and social influences on consumption patterns, and because of not employing the intertemporal utility maximising framework.
Journal: The European Journal of the History of Economic Thought
Pages: 965-984
Issue: 6
Volume: 28
Year: 2021
Month: 11
X-DOI: 10.1080/09672567.2021.1946120
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1946120
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Template-Type: ReDIF-Article 1.0
Author-Name: Tamotsu Nishizawa
Author-X-Name-First: Tamotsu
Author-X-Name-Last: Nishizawa
Author-Name: Richard van den Berg
Author-X-Name-First: Richard
Author-X-Name-Last: van den Berg
Title: Obituary: Takumi Tsuda (1929–2021)
Journal: The European Journal of the History of Economic Thought
Pages: 1041-1043
Issue: 6
Volume: 28
Year: 2021
Month: 11
X-DOI: 10.1080/09672567.2021.1967431
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1967431
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Template-Type: ReDIF-Article 1.0
Author-Name: Hans-Michael Trautwein
Author-X-Name-First: Hans-Michael
Author-X-Name-Last: Trautwein
Author-Name: Heinz Rieter
Author-X-Name-First: Heinz
Author-X-Name-Last: Rieter
Title: “It might be good to know on whose shoulders we stand – and why”: a conversation with Heinz Rieter
Journal: The European Journal of the History of Economic Thought
Pages: 1025-1040
Issue: 6
Volume: 28
Year: 2021
Month: 11
X-DOI: 10.1080/09672567.2021.1987618
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1987618
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Handle: RePEc:taf:eujhet:v:28:y:2021:i:6:p:1025-1040




Template-Type: ReDIF-Article 1.0
Author-Name: Richard van den Berg
Author-X-Name-First: Richard
Author-X-Name-Last: van den Berg
Author-Name: Pencho Penchev
Author-X-Name-First: Pencho
Author-X-Name-Last: Penchev
Author-Name: Hans-Michael Trautwein
Author-X-Name-First: Hans-Michael
Author-X-Name-Last: Trautwein
Title: Introduction
Journal: The European Journal of the History of Economic Thought
Pages: 889-891
Issue: 6
Volume: 28
Year: 2021
Month: 11
X-DOI: 10.1080/09672567.2021.1987621
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1987621
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Template-Type: ReDIF-Article 1.0
Author-Name: Jacob Jensen
Author-X-Name-First: Jacob
Author-X-Name-Last: Jensen
Title: The soul of classical political economy: James M. Buchanan from the archives
Journal: The European Journal of the History of Economic Thought
Pages: 1057-1058
Issue: 6
Volume: 28
Year: 2021
Month: 11
X-DOI: 10.1080/09672567.2021.1997435
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Template-Type: ReDIF-Article 1.0
Author-Name: Marius Kuster
Author-X-Name-First: Marius
Author-X-Name-Last: Kuster
Title: Futures past. Economic forecasting in the 20th and 21st century
Journal: The European Journal of the History of Economic Thought
Pages: 1061-1063
Issue: 6
Volume: 28
Year: 2021
Month: 11
X-DOI: 10.1080/09672567.2021.1997437
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1997437
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Template-Type: ReDIF-Article 1.0
Author-Name: Pavlo Blavatskyy
Author-X-Name-First: Pavlo
Author-X-Name-Last: Blavatskyy
Title: Lexicographic preferences in Pascal’s Wager
Abstract: 
 Pascal’s wager is one of the most influential arguments in philosophy and decision theory. This paper reformulates Pascal’s wager in terms of two-outcome finite payoffs (one before death and one after death). The proposed reformulation accentuates the lexicographic nature of decision maker’s preferences. Lexicographic preferences violate the continuity axiom—a standard assumption of many theories of decision making under risk and uncertainty. Since Pascal’s wager assumes lexicographic (i.e., discontinuous) preferences, it is appropriate to represent the latter with lexicographic utility and not conventional expected utility theory.
Journal: The European Journal of the History of Economic Thought
Pages: 104-111
Issue: 1
Volume: 29
Year: 2022
Month: 1
X-DOI: 10.1080/09672567.2021.1914700
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1914700
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Template-Type: ReDIF-Article 1.0
Author-Name: Philip Mirowski
Author-X-Name-First: Philip
Author-X-Name-Last: Mirowski
Title: Who’s Afraid of the MPS? A Review Essay
Journal: The European Journal of the History of Economic Thought
Pages: 191-195
Issue: 1
Volume: 29
Year: 2022
Month: 1
X-DOI: 10.1080/09672567.2021.2023392
File-URL: http://hdl.handle.net/10.1080/09672567.2021.2023392
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Template-Type: ReDIF-Article 1.0
Author-Name: Sora Sato
Author-X-Name-First: Sora
Author-X-Name-Last: Sato
Title: Rethinking Burke and Smith: political economy and foundations of industry
Abstract: 
 The traditional interpretation of Burke’s political economy emphasised his defense of free trade, and his intellectual relationship with Smith has also been the centre of scholarly attention. This article attempts a systematic comparison between Burke and Smith and shows in detail how Burke’s concern with political stability, a great source of his economic thinking, helped distinguish his political economy from that of Smith’s. Burke was especially concerned with the link between the conservation of manners and social development. The differences between Burke and Smith suggest their economic thought could be read in distinct contexts of Enlightenment thought.
Journal: The European Journal of the History of Economic Thought
Pages: 82-103
Issue: 1
Volume: 29
Year: 2022
Month: 1
X-DOI: 10.1080/09672567.2021.1914699
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1914699
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Template-Type: ReDIF-Article 1.0
Author-Name: Hans-Michael Trautwein
Author-X-Name-First: Hans-Michael
Author-X-Name-Last: Trautwein
Title: Great Economic Thinkers from Antiquity to the Historical School
Journal: The European Journal of the History of Economic Thought
Pages: 169-185
Issue: 1
Volume: 29
Year: 2022
Month: 1
X-DOI: 10.1080/09672567.2021.2023393
File-URL: http://hdl.handle.net/10.1080/09672567.2021.2023393
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Template-Type: ReDIF-Article 1.0
Author-Name: Gabriel Sabbagh
Author-X-Name-First: Gabriel
Author-X-Name-Last: Sabbagh
Title: The first appearances of Quesnay in German: about Sinophilia, Sweden and the politics of physiocracy
Abstract: 
 This paper uncovers two publications of Quesnay’s Despotisme de la Chine, which are apparently the first translations in German of any work of Quesnay. They were published in the late 1760s in Greifswald, then under Swedish rule, and their translator, Dähnert, managed to remove most traces of Quesnay’s despotism. While the French infatuation with China is the topic of innumerable works, the Sinophilia of Germany and Sweden has been less studied1 and is illustrated with these publications. The paper suggests that Physiocracy and Despotisme de la Chine had a direct influence on the 1772 coup of Gustav III.
Journal: The European Journal of the History of Economic Thought
Pages: 1-20
Issue: 1
Volume: 29
Year: 2022
Month: 1
X-DOI: 10.1080/09672567.2021.1893779
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1893779
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Template-Type: ReDIF-Article 1.0
Author-Name: Alexandre Chirat
Author-X-Name-First: Alexandre
Author-X-Name-Last: Chirat
Author-Name: Thibault Guicherd
Author-X-Name-First: Thibault
Author-X-Name-Last: Guicherd
Title: Oligopoly, mutual dependence and tacit collusion: the emergence of industrial organisation and the reappraisal of American capitalism at Harvard (1933–1952)
Abstract: 
 This article looks back at the early development of industrial organisation at Harvard. It seeks to understand the emergence of the “Harvard tradition” around the spread of a set of common and identifiable tools and concepts. The paper identifies a specific subject of study bringing together a group of economists. This is the hypothesis of “mutual dependence recognized,” which fosters the development of the theory of tacit collusion in oligopoly. This theory was developed by Edward Chamberlin and gradually taken up in several contributions from the 1930s and early 1940s by economists like Bain, de Chazeau, Galbraith, Kaysen, Mason, Schumpeter and Triffin. These authors, who all had connections with Harvard, appropriated Chamberlin’s theory in pursuit of four goals. First, the possibility of tacit collusion in oligopoly allowed them to provide theoretical grounds for explaining price rigidities. Second, the oligopoly issue fostered the development of new tools for identifying oligopolies and accounting for firms’ behaviour and strategic interaction. Third, these tools were regularly mobilised in debates among economists about the “basing point system”. This pricing method was used at the time in the iron, steel and cement industries and led these economists to address the question of how effective antitrust laws were. Fourth, it led some Harvard economists to entirely reappraise the very nature of mid-century American capitalism.
Journal: The European Journal of the History of Economic Thought
Pages: 112-145
Issue: 1
Volume: 29
Year: 2022
Month: 1
X-DOI: 10.1080/09672567.2021.1936109
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1936109
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Template-Type: ReDIF-Article 1.0
Author-Name: Peter J. Boettke
Author-X-Name-First: Peter J.
Author-X-Name-Last: Boettke
Title: The economic thought of Michael Polanyi
Journal: The European Journal of the History of Economic Thought
Pages: 186-188
Issue: 1
Volume: 29
Year: 2022
Month: 1
X-DOI: 10.1080/09672567.2021.2023388
File-URL: http://hdl.handle.net/10.1080/09672567.2021.2023388
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Template-Type: ReDIF-Article 1.0
Author-Name: Maxime Desmarais-Tremblay
Author-X-Name-First: Maxime
Author-X-Name-Last: Desmarais-Tremblay
Title: The nature and method of economic science: evidence, causality, and ends
Journal: The European Journal of the History of Economic Thought
Pages: 188-190
Issue: 1
Volume: 29
Year: 2022
Month: 1
X-DOI: 10.1080/09672567.2021.2023391
File-URL: http://hdl.handle.net/10.1080/09672567.2021.2023391
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Template-Type: ReDIF-Article 1.0
Author-Name: Gilbert Faccarello
Author-X-Name-First: Gilbert
Author-X-Name-Last: Faccarello
Title: “I profess to have made no discovery”. James Mill on comparative advantage
Abstract: 
 During recent decades, David Ricardo’s ideas on international trade have been submitted to new scrutiny. This research has led to a new understanding of the so-called ‘principle of comparative advantage’ and shown that the alleged ‘Ricardian’ model of foreign trade is based on a misunderstanding of Ricardo’s text. The present paper focuses on the role of James Mill in the creation of the Ricardian vulgate. It shows how the evolution of Mill’s thought, in part due to a didactic perspective and some difficulties raised by his numerical examples, distorted Ricardo’s approach. In Mill we find all the ingredients of what is called the ‘Ricardian’ model of foreign trade, substituting an ex-ante perspective for Ricardo’s ex-post approach.
Journal: The European Journal of the History of Economic Thought
Pages: 61-81
Issue: 1
Volume: 29
Year: 2022
Month: 1
X-DOI: 10.1080/09672567.2021.1912130
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1912130
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Template-Type: ReDIF-Article 1.0
Author-Name: Alexandre Truc
Author-X-Name-First: Alexandre
Author-X-Name-Last: Truc
Title: Becoming paradigmatic: the strategic uses of narratives in behavioral economics
Abstract: 
 In the 1980s, Richard Thaler used Thomas Kuhn’s framework as a narrative tool to present behavioural economics (BE) as an alternative paradigm. Despite resistance from other economists to this narrative, Thaler persisted with this revolutionary style up to the 2010s and promoted an “us versus them” identity for BE. In the present article, we investigate the role of Thaler’s narrative and show that it has played an important part in BE’s successes and identity. Thaler’s narrative has stimulated imitation by creating a story out of scattered anomalies and laying out a simple scientific model to follow. The narrative has fostered a revolutionary identity for BE, promoted the more innovative aspects of BE and encouraged some behavioural economists to adopt a more confrontational approach. Although Thaler’s narrative lacked resolution – Thaler himself acknowledged the uncertainties related to BE’s revolutionary characteristics – it has shaped the history of behavioural economics.
Journal: The European Journal of the History of Economic Thought
Pages: 146-168
Issue: 1
Volume: 29
Year: 2022
Month: 1
X-DOI: 10.1080/09672567.2021.1936107
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1936107
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Template-Type: ReDIF-Article 1.0
Author-Name: Motohiro Okada
Author-X-Name-First: Motohiro
Author-X-Name-Last: Okada
Title: Friedrich von Wieser on labour
Abstract: 
 This article comprehensively examines Friedrich von Wieser’s thoughts on labour. Although Wieser evolved marginalist theories of value and imputation, he set institutional bounds to them. As his sociological investigations presented perspective that went beyond neo-classicist scopes, Wieser thus provided insightful arguments on capitalistic labour that could be likened to those of Karl Marx. Despite their incompleteness, Wieser’s thoughts on labour carried a potential that differed from the subsequent course that the neoclassical school pursued.
Journal: The European Journal of the History of Economic Thought
Pages: 21-39
Issue: 1
Volume: 29
Year: 2022
Month: 1
X-DOI: 10.1080/09672567.2021.1893777
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1893777
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Template-Type: ReDIF-Article 1.0
Author-Name: Kwangsu Kim
Author-X-Name-First: Kwangsu
Author-X-Name-Last: Kim
Title: Resolving a seeming paradox in Adam Smith’s study of history with regard to inference to the best explanation
Abstract: 
 This paper aims to resolve a seeming paradox in Adam Smith’s study of history with regard to inference to the best explanation. In the Wealth of Nations Smith argued the priority of “natural progress” over the model of historical progress as evidenced by many contemporary historians. These two competing exercises in philosophical history raise the previously unexplored question of what are critical tests to justify which model is the best, with Smith’s wide use of scientific realist standards such as seeking for underlying general causality, generality in explanatory and predictive power, and appeal to the arts of persuasion.
Journal: The European Journal of the History of Economic Thought
Pages: 40-60
Issue: 1
Volume: 29
Year: 2022
Month: 1
X-DOI: 10.1080/09672567.2021.1908394
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1908394
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Template-Type: ReDIF-Article 1.0
Author-Name: Oleg Ananyin
Author-X-Name-First: Oleg
Author-X-Name-Last: Ananyin
Title: An introduction to the history of economic thought in Central Europe
Journal: The European Journal of the History of Economic Thought
Pages: 389-391
Issue: 2
Volume: 29
Year: 2022
Month: 3
X-DOI: 10.1080/09672567.2022.2050010
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2050010
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Template-Type: ReDIF-Article 1.0
Author-Name: Catherine Packham
Author-X-Name-First: Catherine
Author-X-Name-Last: Packham
Title: Women’s economic thought in the romantic age: towards a transdisciplinary herstory of economic thought
Journal: The European Journal of the History of Economic Thought
Pages: 391-392
Issue: 2
Volume: 29
Year: 2022
Month: 3
X-DOI: 10.1080/09672567.2022.2050011
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2050011
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Handle: RePEc:taf:eujhet:v:29:y:2022:i:2:p:391-392



Template-Type: ReDIF-Article 1.0
Author-Name: Gilbert Faccarello
Author-X-Name-First: Gilbert
Author-X-Name-Last: Faccarello
Title: Jérôme de Boyer des Roches (1954–2020)
Journal: The European Journal of the History of Economic Thought
Pages: 387-388
Issue: 2
Volume: 29
Year: 2022
Month: 3
X-DOI: 10.1080/09672567.2022.2035067
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2035067
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Template-Type: ReDIF-Article 1.0
Author-Name: Jean-Sébastien Lenfant
Author-X-Name-First: Jean-Sébastien
Author-X-Name-Last: Lenfant
Title: Substitutability and the quest for stability
Abstract: 
 The analysis of the stability of a Walrasian tâtonnement is a central chapter in the history of General Equilibrium Theory. The article aims to provide a historical reconstruction of this research program, starting with Hicks’ Value and Capital (1939). It departs from existing narratives by its focus on the concept of substitutability. It is argued that the concept combined various qualities that made it an element of positive heuristic in the research program. The article chronicles the collapse of this positive heuristic in the 1970s and reevaluates the role of Sonnenschein-Mantel-Debreu results.
Journal: The European Journal of the History of Economic Thought
Pages: 294-328
Issue: 2
Volume: 29
Year: 2022
Month: 3
X-DOI: 10.1080/09672567.2021.1987494
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1987494
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Template-Type: ReDIF-Article 1.0
Author-Name: Jonas Ljungberg
Author-X-Name-First: Jonas
Author-X-Name-Last: Ljungberg
Author-Name: Anders Ögren
Author-X-Name-First: Anders
Author-X-Name-Last: Ögren
Title: Discipline or international balance: the choice of monetary systems in Europe
Abstract: 
 In retrospect and erroneously the nineteenth century international gold standard was interpreted as a quest for monetary discipline. The discipline argument was introduced after WWI in support for a restoration of the gold standard. The interwar failure led to an emphasis on international balances, the argument which came to the fore in the preparations for the Bretton Woods system. The balance argument was central in the early discussions of monetary union in Europe, but with the criticism of Keynesianism the discipline argument became determinant in the design of the Economic and Monetary Union.
Journal: The European Journal of the History of Economic Thought
Pages: 218-245
Issue: 2
Volume: 29
Year: 2022
Month: 3
X-DOI: 10.1080/09672567.2021.1946121
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1946121
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Template-Type: ReDIF-Article 1.0
Author-Name: Adrien Faudot
Author-X-Name-First: Adrien
Author-X-Name-Last: Faudot
Title: The dual context of Keynes’ International Clearing Union: theoretical advances meet history
Abstract: 
 This article questions the reflection that gave birth to Keynes’ proposals for an International Clearing Union in 1941. The Keynes Plan rests on the intertwining of two intellectual advances. The first was drawn from Keynes’ analysis of the international context inherited from the 1930s and the disruption of international payments. The clearing agreements first developed by Germany in 1931 were pioneering experiences in Europe that contributed to the generalisation of exchange controls and clearing offices. The second advance is related to the original Keynesian understanding of the “banking principle”, which Keynes wanted to transpose at the international level. Keynes revamped the clearing agreements in force in Europe during the 1930s to set out the International Clearing Union.
Journal: The European Journal of the History of Economic Thought
Pages: 349-368
Issue: 2
Volume: 29
Year: 2022
Month: 3
X-DOI: 10.1080/09672567.2021.1987493
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1987493
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Template-Type: ReDIF-Article 1.0
Author-Name: Luiz Felipe Bruzzi Curi
Author-X-Name-First: Luiz Felipe Bruzzi
Author-X-Name-Last: Curi
Author-Name: Ian Coelho de Souza Almeida
Author-X-Name-First: Ian Coelho de Souza
Author-X-Name-Last: Almeida
Title: Beyond the Sonderweg: defining political economy in 19th-century Germany
Abstract: 
 The comprehension of German political economy in the 19th century has been influenced by the so called Sonderweg thesis, which emphasises German “exceptionalism”. This interpretation points to the presence of an alleged derogatory influence of the Historical School, intertwined with an advocacy of statism and economic nationalism. Here, we show that the literature has questioned this sort of interpretation and collaborate to this renewed perspective. We examine definitions of political economy presented in German textbooks during the 19th century, to consubstantiate the claim that there was a coexistence of perspectives in German political economy, rather than a unanimous “exceptional” approach.
Journal: The European Journal of the History of Economic Thought
Pages: 197-217
Issue: 2
Volume: 29
Year: 2022
Month: 3
X-DOI: 10.1080/09672567.2021.1936108
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1936108
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Template-Type: ReDIF-Article 1.0
Author-Name: Frank Decker
Author-X-Name-First: Frank
Author-X-Name-Last: Decker
Author-Name: Charles A. E. Goodhart
Author-X-Name-First: Charles A. E.
Author-X-Name-Last: Goodhart
Title: Wilhelm Lautenbach’s credit mechanics – a precursor to the current money supply debate
Abstract: 
 This article assesses the theory of credit mechanics within the context of the current money supply debate. Credit mechanics and related approaches were developed by a group of German monetary economists during the 1920s-1960s. Credit mechanics overcomes a one-sided, bank-centric view of money creation, which is often encountered in monetary theory. We show that the money supply is influenced by the interplay of loan creation and repayment rates; the relative share of credit volume neutral debtor-to-debtor and creditor-to-creditor payments; the availability of loan security; and the behaviour of non-banks and non-borrowing bank creditors. With the standard textbook models of money creation now discredited, we argue that a more general approach to money supply theory involving credit mechanics needs to be re-established.
Journal: The European Journal of the History of Economic Thought
Pages: 246-270
Issue: 2
Volume: 29
Year: 2022
Month: 3
X-DOI: 10.1080/09672567.2021.1963796
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1963796
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Template-Type: ReDIF-Article 1.0
Author-Name: Christophe Depoortère
Author-X-Name-First: Christophe
Author-X-Name-Last: Depoortère
Title: Robert Torrens and the dynamics of wages in a growing economy
Abstract: 
 In 2018, Taro Hisamatsu published in this journal a reconstruction of the dynamic theory of economic growth that Torrens developed in On the Means of Improving the Condition of the Labouring Classes (1829). However, on a couple of important issues—the exogeneity and constancy of the minimum of wages; and the tendency of population to increase faster than capital—, Hisamatsu’s model appears to be at variance with Torrens’s genuine point of view. The aim of my paper is then to provide an alternative to Hisamatsu’s reconstruction of Torrens’s dynamic vision of a growing economy.
Journal: The European Journal of the History of Economic Thought
Pages: 329-348
Issue: 2
Volume: 29
Year: 2022
Month: 3
X-DOI: 10.1080/09672567.2021.1963797
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1963797
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Handle: RePEc:taf:eujhet:v:29:y:2022:i:2:p:329-348



Template-Type: ReDIF-Article 1.0
Author-Name: A. Reeves Johnson
Author-X-Name-First: A. Reeves
Author-X-Name-Last: Johnson
Title: Cyclical stagnation: the continental contribution to Alvin Hansen’s stagnation thesis
Abstract: 
 This paper concerns the original formulation of Hansen’s stagnation thesis and its chief influences. It begins by devoting attention to Hansen’s understanding of stagnation as a cyclical process; a marked contrast to the term’s current usage. As discussed, the stagnation thesis is an outgrowth of what will be called Hansen’s ‘weakened-cycle hypothesis’, which he put forth in the final pages of his 1927 monograph Business-Cycle Theory. The key ideas informing Hansen’s early view on weakening fluctuations were drawn from continental business-cycle theory, and most notably from the works of Arthur Spiethoff and Gustav Cassel.
Journal: The European Journal of the History of Economic Thought
Pages: 369-386
Issue: 2
Volume: 29
Year: 2022
Month: 3
X-DOI: 10.1080/09672567.2021.2019292
File-URL: http://hdl.handle.net/10.1080/09672567.2021.2019292
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Handle: RePEc:taf:eujhet:v:29:y:2022:i:2:p:369-386



Template-Type: ReDIF-Article 1.0
Author-Name: Enrico Bellino
Author-X-Name-First: Enrico
Author-X-Name-Last: Bellino
Author-Name: Saverio M. Fratini
Author-X-Name-First: Saverio M.
Author-X-Name-Last: Fratini
Title: Absolute advantages and capital mobility in international trade theory
Abstract: 
 Capital mobility has the potential of undermining the validity of Ricardo’s theory of comparative advantage. Within this context, the tendency towards a uniform rate of profit makes absolute costs relevant for the analysis of specialisation patterns. A historical and analytical reconstruction is presented of a few significant contributions addressing this point, with a particular focus on the possibility of exclusion from trade and production “desertification” caused by a country’s low profitability of capital. A generalisation of a result obtained by Parrinello is provided.
Journal: The European Journal of the History of Economic Thought
Pages: 271-293
Issue: 2
Volume: 29
Year: 2022
Month: 3
X-DOI: 10.1080/09672567.2021.1967418
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1967418
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Template-Type: ReDIF-Article 1.0
Author-Name: Keith Tribe
Author-X-Name-First: Keith
Author-X-Name-Last: Tribe
Title: The emergence of capitalism in early America
Journal: The European Journal of the History of Economic Thought
Pages: 572-574
Issue: 3
Volume: 29
Year: 2022
Month: 5
X-DOI: 10.1080/09672567.2022.2050017
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2050017
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Template-Type: ReDIF-Article 1.0
Author-Name: Ariane Dupont-Kieffer
Author-X-Name-First: Ariane
Author-X-Name-Last: Dupont-Kieffer
Title: Jan Tinbergen (1903–1944) and the rise of economic expertise
Journal: The European Journal of the History of Economic Thought
Pages: 567-569
Issue: 3
Volume: 29
Year: 2022
Month: 5
X-DOI: 10.1080/09672567.2022.2050013
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2050013
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Template-Type: ReDIF-Article 1.0
Author-Name: Luigino Bruni
Author-X-Name-First: Luigino
Author-X-Name-Last: Bruni
Author-Name: Paolo Santori
Author-X-Name-First: Paolo
Author-X-Name-Last: Santori
Title: The other invisible hand. The social and economic effects of theodicy in Vico and Genovesi
Abstract: 
 This paper explores the implications for modern economic thought of the debate on Theodicy, i.e., the coexistence of a good, almighty God and worldly evils. In the 17th century, this problem was raised by Pierre Bayle. The analysis focuses on the 18th century Italian school of Civil economy represented by Antonio Genovesi. Our argument is that Genovesi, and Giambattista Vico before him, reacted to Bayle’s Manichaean and Atheistic view on theodicy, and that Genovesi’s reaction influenced his view of the market as a place of mutual assistance where the invisible hand holds a secondary and subsidiary role compared to virtues in promoting the common good.
Journal: The European Journal of the History of Economic Thought
Pages: 548-566
Issue: 3
Volume: 29
Year: 2022
Month: 5
X-DOI: 10.1080/09672567.2022.2048677
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2048677
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Template-Type: ReDIF-Article 1.0
Author-Name: Amélie Fiévet
Author-X-Name-First: Amélie
Author-X-Name-Last: Fiévet
Title: Decision over Time as a By-Product of a Measure of Utility: A Reappraisal of Paul Samuelson’s “A Note on Measurement of Utility” (1937)
Abstract: 
 This contribution aims to highlight a neglected aspect of Samuelson’s famous 1937 paper “A Note on Measurement of Utility”. Although the 1937 paper is usually regarded as the foundation of discounted utility theory, and rightly so, it is primarily concerned with utility measurement and deals only indirectly with decision over time – intertemporal issues appearing as a by-product of the realisation of a unique utility measure. But the treatment of discounted utility in turn influenced Samuelson’s understanding of cardinality. Cardinality appears here as the result of a cognitive ability that manifests when agents face a decision experiment over time in which they are compelled to cardinalize their utility functions. The result is the weak plausibility of cardinality in a more general context, such that, contrary to the usual views, we may say that Samuelson’s ordinalist approach was already in the making in 1937.
Journal: The European Journal of the History of Economic Thought
Pages: 438-454
Issue: 3
Volume: 29
Year: 2022
Month: 5
X-DOI: 10.1080/09672567.2021.2019293
File-URL: http://hdl.handle.net/10.1080/09672567.2021.2019293
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Template-Type: ReDIF-Article 1.0
Author-Name: Matthew D. Adler
Author-X-Name-First: Matthew D.
Author-X-Name-Last: Adler
Title: Welfare theory, public action, and ethical values: revisiting the history of welfare economics
Journal: The European Journal of the History of Economic Thought
Pages: 569-572
Issue: 3
Volume: 29
Year: 2022
Month: 5
X-DOI: 10.1080/09672567.2022.2050012
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2050012
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Handle: RePEc:taf:eujhet:v:29:y:2022:i:3:p:569-572



Template-Type: ReDIF-Article 1.0
Author-Name: Michaël Assous
Author-X-Name-First: Michaël
Author-X-Name-Last: Assous
Author-Name: Vincent Carret
Author-X-Name-First: Vincent
Author-X-Name-Last: Carret
Title: The importance of multiple equilibria for economic policy in Jan Tinbergen’s early works
Abstract: 
 This article provides a comprehensive view of Tinbergen’s macrodynamic models developed during the 1930s and early 1940s, showing how the economist’s concerns evolved from problems of instability to the idea of reaching higher positions of equilibria. Tinbergen built these ideas in the framework of nonlinear models, which he used to shed a new light on several policy problems: wage changes, government expenditure and its relation to pump-priming, and the regulation of purchasing power. This work on multiple equilibria was complementary to the macroeconometric models developed in the late 1930s, where linearity was justified by the assumption of small shocks.
Journal: The European Journal of the History of Economic Thought
Pages: 455-479
Issue: 3
Volume: 29
Year: 2022
Month: 5
X-DOI: 10.1080/09672567.2021.2019294
File-URL: http://hdl.handle.net/10.1080/09672567.2021.2019294
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Template-Type: ReDIF-Article 1.0
Author-Name: Jochen Hartwig
Author-X-Name-First: Jochen
Author-X-Name-Last: Hartwig
Title: The evolution of Patinkin’s interpretation of Keynes’ principle of effective demand
Abstract: 
 Don Patinkin (1922–1995) was both an eminent theoretical economist and a great historian of economic thought. In the latter field, his focus was on Keynes’ “principle of effective demand” from Chapter 3 of the General Theory. Having submitted a first interpretation of the “principle” in 1976 – in which he claimed that it contains major flaws – Patinkin revisited the subject several times over the next couple of years. In this process, his interpretation changed markedly. The aim of this paper is to trace (and to comment on) the evolution of Patinkin’s interpretation of the theory of effective demand.
Journal: The European Journal of the History of Economic Thought
Pages: 505-522
Issue: 3
Volume: 29
Year: 2022
Month: 5
X-DOI: 10.1080/09672567.2022.2037683
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2037683
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Template-Type: ReDIF-Article 1.0
Author-Name: Jean-Daniel Boyer
Author-X-Name-First: Jean-Daniel
Author-X-Name-Last: Boyer
Title: Police of individual interests against police of good order: Herbert’s Essay on the general police of grain as an attack on Delamare’s Treatise on the police
Abstract: 
 Claude-Jacques Herbert’s Essay on the general police of grain (Essai sur la police générale des grains) has particular features that could have enabled it to make a crucial contribution to the gradual conversion of French public opinion to free trade at the end of 1753. First, the essay is an explicit criticism of Delamare’s Treatise on the police (Traité de la police) and of the French regulations of the grain trade. Against them, Herbert promotes new principles grounded on a specific conception of free trade and on the central role played by prices in economics. Reviewing these elements, we may suppose that the success of Herbert’s Essay can also be explained by the conceptions it proposes. These could indeed have been approved both by the proponents of internal and moderate free trade and those of total freedom.
Journal: The European Journal of the History of Economic Thought
Pages: 523-547
Issue: 3
Volume: 29
Year: 2022
Month: 5
X-DOI: 10.1080/09672567.2022.2037682
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2037682
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Template-Type: ReDIF-Article 1.0
Author-Name: Virgile Chassagnon
Author-X-Name-First: Virgile
Author-X-Name-Last: Chassagnon
Author-Name: Bernard Baudry
Author-X-Name-First: Bernard
Author-X-Name-Last: Baudry
Author-Name: Naciba Haned
Author-X-Name-First: Naciba
Author-X-Name-Last: Haned
Title: The legacy of Chester I. Barnard in the science of organization of Oliver E. Williamson
Abstract: 
 Chester Barnard was an American manager and public administrator who greatly influenced economics and the history of economic thought. Oliver Williamson’s early works were published after Barnard’s death, but the intellectual proximity they show to Herbert Simon, along with the significant influence of John Commons on their analysis, brings them closer. This study investigates Barnard legacy (particularly his work in 1938) in Williamson’s “science of organisation” project by analysing the Barnardian origins of his organisational micro-approach from their complementary theories of cooperation.
Journal: The European Journal of the History of Economic Thought
Pages: 480-504
Issue: 3
Volume: 29
Year: 2022
Month: 5
X-DOI: 10.1080/09672567.2021.2019295
File-URL: http://hdl.handle.net/10.1080/09672567.2021.2019295
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Template-Type: ReDIF-Article 1.0
Author-Name: Alexandre Truc
Author-X-Name-First: Alexandre
Author-X-Name-Last: Truc
Title: Forty years of behavioral economics
Abstract: 
 The present article offers the first quantitative history of behavioural economics (BE) from the 1970s to the 2010s. We document the foundation of the field by Kahneman and Tversky in the 1980s and 1990s; the separation of experimental market economics and BE in the 1990s; the decreasing importance of psychology in the 1990s onward; and the rise of European authors after the 2000s. Overall, we show that after the 1990s, BE transformed from a unified American research program with a clearly identifiable core, to a multipolar and international research program with relatively independent subspecialties. Despite claims that BE is mostly an empirical venture, we show that the field is heavily structured by theoretical contributions. A handful of seminal models capture most of the citations in the field and explain how the subspecialties in BE emerged, stabilised, and became more autonomous from the historical core. 
Journal: The European Journal of the History of Economic Thought
Pages: 393-437
Issue: 3
Volume: 29
Year: 2022
Month: 5
X-DOI: 10.1080/09672567.2021.1993295
File-URL: http://hdl.handle.net/10.1080/09672567.2021.1993295
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Handle: RePEc:taf:eujhet:v:29:y:2022:i:3:p:393-437



Template-Type: ReDIF-Article 1.0
Author-Name: Paolo Trabucchi
Author-X-Name-First: Paolo
Author-X-Name-Last: Trabucchi
Title: A reflection on Sraffa’s revolution in economic theory
Journal: The European Journal of the History of Economic Thought
Pages: 575-577
Issue: 3
Volume: 29
Year: 2022
Month: 5
X-DOI: 10.1080/09672567.2022.2070253
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2070253
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Handle: RePEc:taf:eujhet:v:29:y:2022:i:3:p:575-577

Template-Type: ReDIF-Article 1.0
# input file: catalog-resolver-1320760544643434622.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220713T202513 git hash: 99d3863004
Author-Name: Richard S. J. Tol
Author-X-Name-First: Richard S. J.
Author-X-Name-Last: Tol
Title: Rise of the Kniesians: the professor-student network of Nobel laureates in economics
Abstract: 
 The paper presents the professor-student network of Nobel laureates in economics. 82 of the 87 Nobelists belong to one family tree. The remaining five belong to three separate trees. There are 376 men in the graph, and five women. Karl Knies is the central-most professor, followed by Wassily Leontief. No classical and few neo-classical economists have left notable descendants. Harvard is the centralmost university, followed by Chicago and Berlin. Most candidates for the Nobel Prize belong to the main family tree, but new trees may arise for the students of Terence Gorman and Denis Sargan.
Journal: The European Journal of the History of Economic Thought
Pages: 680-703
Issue: 4
Volume: 29
Year: 2022
Month: 7
X-DOI: 10.1080/09672567.2022.2074494
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2074494
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Handle: RePEc:taf:eujhet:v:29:y:2022:i:4:p:680-703



Template-Type: ReDIF-Article 1.0
# input file: catalog-resolver-1976968836759353005.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220713T202513 git hash: 99d3863004
Author-Name: Michele Alacevich
Author-X-Name-First: Michele
Author-X-Name-Last: Alacevich
Title: The dynamics of poverty. Circular, cumulative causation, value judgments, institutions and social engineering in the world of Gunnar Myrdal
Journal: The European Journal of the History of Economic Thought
Pages: 774-776
Issue: 4
Volume: 29
Year: 2022
Month: 7
X-DOI: 10.1080/09672567.2022.2074430
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2074430
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Handle: RePEc:taf:eujhet:v:29:y:2022:i:4:p:774-776



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Author-Name: Jeffrey T. Young
Author-X-Name-First: Jeffrey T.
Author-X-Name-Last: Young
Title: The Routledge guidebook to Smith’s wealth of nations
Journal: The European Journal of the History of Economic Thought
Pages: 772-774
Issue: 4
Volume: 29
Year: 2022
Month: 7
X-DOI: 10.1080/09672567.2022.2074438
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2074438
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Handle: RePEc:taf:eujhet:v:29:y:2022:i:4:p:772-774



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# input file: catalog-resolver-2468416069441428650.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220713T202513 git hash: 99d3863004
Author-Name: Antoin Murphy
Author-X-Name-First: Antoin
Author-X-Name-Last: Murphy
Title: Jacqueline Hecht (1932–2020)
Journal: The European Journal of the History of Economic Thought
Pages: 778-780
Issue: 4
Volume: 29
Year: 2022
Month: 7
X-DOI: 10.1080/09672567.2022.2085396
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2085396
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Handle: RePEc:taf:eujhet:v:29:y:2022:i:4:p:778-780



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Author-Name: Pierre-Hernan Rojas
Author-X-Name-First: Pierre-Hernan
Author-X-Name-Last: Rojas
Title: Robert Triffin: a life
Journal: The European Journal of the History of Economic Thought
Pages: 770-772
Issue: 4
Volume: 29
Year: 2022
Month: 7
X-DOI: 10.1080/09672567.2022.2074437
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2074437
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Handle: RePEc:taf:eujhet:v:29:y:2022:i:4:p:770-772



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# input file: catalog-resolver314521473537085502.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220713T202513 git hash: 99d3863004
Author-Name: Michael J. Murray
Author-X-Name-First: Michael J.
Author-X-Name-Last: Murray
Title: Economic method, public policy, and society: Adolph Lowe’s political economics
Abstract: 
 Adolph Lowe questioned the mainstream approach to economic theory beginning in the mid-1920s and spanning a 60-year career. Lowe developed a tripartite approach to political economics which consists of (1) redefining the economic method, (2) structural modelling and analysis, (3) and redefining the political and educational philosophy. This article details Lowe’s basis for economic and public policy and pays particular attention to the need to create an apt political system centred on fostering economic democracy and promoting the interests of the public as a collective towards social ends.
Journal: The European Journal of the History of Economic Thought
Pages: 600-618
Issue: 4
Volume: 29
Year: 2022
Month: 7
X-DOI: 10.1080/09672567.2022.2058046
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2058046
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Handle: RePEc:taf:eujhet:v:29:y:2022:i:4:p:600-618



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# input file: catalog-resolver7812496240084210656.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220713T202513 git hash: 99d3863004
Author-Name: Simona Pisanelli
Author-X-Name-First: Simona
Author-X-Name-Last: Pisanelli
Title: The Sympathy of Sophie de Grouchy, translator and critic of Adam Smith
Abstract: 
 Sophie de Grouchy is known to the public for her highly appreciated French translation of the Theory of Moral Sentiments (TMS) by Adam Smith (1794) and for her publication of the Letters on Sympathy (1798). This article aims to reconstruct Sophie de Grouchy’s criticism of TMS and to show that it is based on a misinterpretation of Smith’s concept of sympathy. In her interpretation, Sophie de Grouchy seems to decontextualise the category of sympathy from the whole of the Scottish thinker’s vision on this topic, adopting an interpretative canon that is strongly influenced by Jean-Jacques Rousseau’s thought.
Journal: The European Journal of the History of Economic Thought
Pages: 579-599
Issue: 4
Volume: 29
Year: 2022
Month: 7
X-DOI: 10.1080/09672567.2022.2048676
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2048676
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Handle: RePEc:taf:eujhet:v:29:y:2022:i:4:p:579-599



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# input file: catalog-resolver1621540617454757016.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220713T202513 git hash: 99d3863004
Author-Name: Pierre Januard
Author-X-Name-First: Pierre
Author-X-Name-Last: Januard
Title: Risky exchanges: price and justice in Thomas Aquinas’s De emptione et venditione ad tempus
Abstract: 
 Thomas Aquinas’s De emptione et venditione ad tempus is concerned less with usury than with commercial exchange. Cross-referencing the economic aspects of forward selling and the role of the virtue of justice with Aquinas's concepts of sign and analogy leads us to revise our understanding of the just price, drawing a distinction between three different levels of reality (normative, market, and singular exchange), each of which gives rise to analytical, commercial, and strategic risks. This risk-analysis grid offers a basis for a new reading of his later works, notably the Summa theologiae.
Journal: The European Journal of the History of Economic Thought
Pages: 729-769
Issue: 4
Volume: 29
Year: 2022
Month: 7
X-DOI: 10.1080/09672567.2022.2086281
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2086281
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Handle: RePEc:taf:eujhet:v:29:y:2022:i:4:p:729-769



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# input file: catalog-resolver-8718684848991524051.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220713T202513 git hash: 99d3863004
Author-Name: Molly Michelmore
Author-X-Name-First: Molly
Author-X-Name-Last: Michelmore
Title: The emergence of Arthur Laffer: the foundations of supply-side economics in Chicago and Washington, 1966-1976
Journal: The European Journal of the History of Economic Thought
Pages: 776-777
Issue: 4
Volume: 29
Year: 2022
Month: 7
X-DOI: 10.1080/09672567.2022.2074435
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2074435
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Handle: RePEc:taf:eujhet:v:29:y:2022:i:4:p:776-777



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# input file: catalog-resolver-7343669584567396816.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220713T202513 git hash: 99d3863004
Author-Name: Jan Greitens
Author-X-Name-First: Jan
Author-X-Name-Last: Greitens
Title: Money is a right: Alfred Lansburgh’s Token Theory of Money
Abstract: 
 Alfred Lansburgh was a leading publicist on money in Germany during the Weimar Republic. He developed a Token Theory of Money, a nominalistic monetary theory with an endogenous quantity of money but warns of the danger of misuse. Only therefore, he combines his understanding of money as a right—as a legal claim on goods and services—with a metallistic conception of gold money. Lansburgh was misunderstood during his time, and he remains so until today. He was often described as an “orthodox gold money theorist,” but he was a passionate “token money theorist,” with many similarities e.g. to Joseph Schumpeter.
Journal: The European Journal of the History of Economic Thought
Pages: 619-647
Issue: 4
Volume: 29
Year: 2022
Month: 7
X-DOI: 10.1080/09672567.2022.2063356
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2063356
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Author-Name: Stephen John Nash
Author-X-Name-First: Stephen John
Author-X-Name-Last: Nash
Author-Name: Liza Joan Rybak
Author-X-Name-First: Liza Joan
Author-X-Name-Last: Rybak
Title: Locke, Marshall, and Knight, on uncertainty and risk
Abstract: 
 Uncertainty pre-occupies Locke in The Two Treatises of Government (TTOG), which makes the argument for the elimination of uncertainty, which was then developed by Hegel through the analysis of history, where man gradually improves himself over time. Marshall incorporates the procedure of historical improvement, as provided by Hegel, and the elimination of uncertainty, as proposed by Locke, within his analysis of economics. While Knight correctly notices that Marshall fails to acknowledge uncertainty, Knight does not examine the philosophy that drives this failure in Marshall. Instead, Knight grounds uncertainty on a recent development in philosophy.
Journal: The European Journal of the History of Economic Thought
Pages: 704-728
Issue: 4
Volume: 29
Year: 2022
Month: 7
X-DOI: 10.1080/09672567.2022.2074495
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2074495
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Handle: RePEc:taf:eujhet:v:29:y:2022:i:4:p:704-728



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# input file: catalog-resolver-4358685060728906367.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220713T202513 git hash: 99d3863004
Author-Name: Hansong Li
Author-X-Name-First: Hansong
Author-X-Name-Last: Li
Title: Timing the laws: Rousseau’s theory of development in Corsica
Abstract: 
 This paper reinterprets Rousseau’s theory of political and economic development through the lens of time. In his governmental plan for Corsica, Rousseau sees an infirm political body about to heal, grow, and prosper under changing conditions, not a static experiment of autarkic agrarianism. Therefore, Rousseau's prescriptions of a hybrid economy, intergenerational office-holding, and future-oriented defence are themselves designed to evolve over time. Rethinking Rousseau's concept of time clarifies long-running debates over the seemingly conflicting images of the philosopher. Neither ‘founding’ nor ‘re-founding’ Corsica, Rousseau legislates in the interim, aiming for the longevity, not the immortality, of a healthy political economy.
Journal: The European Journal of the History of Economic Thought
Pages: 648-679
Issue: 4
Volume: 29
Year: 2022
Month: 7
X-DOI: 10.1080/09672567.2022.2063357
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2063357
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Handle: RePEc:taf:eujhet:v:29:y:2022:i:4:p:648-679

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Author-Name: Gilles Campagnolo
Author-X-Name-First: Gilles
Author-X-Name-Last: Campagnolo
Title: Carl Menger on time and entrepreneurship
Abstract: 
 Carl Menger is remembered less for his analysis of entrepreneurship (which in the following analysis refers to his fundamental notions related to the nature of business practice) than for his views on matters like money, individualism or the nature of institutions (there are exceptions to this subdued interest, such as Kirzner 1978). However, these issues are related and a long-debated notion among Austrians, namely time, relates investment, entrepreneurship, uncertainty and Menger’s tentative quasi-anthropology (kept in his notes). This paper conscientiously investigates those issues through Menger’s views on the notion of time.
Journal: The European Journal of the History of Economic Thought
Pages: 817-835
Issue: 5
Volume: 29
Year: 2022
Month: 9
X-DOI: 10.1080/09672567.2022.2111451
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2111451
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# input file: REJH_A_2123529_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Scott Scheall
Author-X-Name-First: Scott
Author-X-Name-Last: Scheall
Title: The Mengers versus Mises on matters methodological
Abstract: 
 The paper argues for three points. The first purpose of the paper is to show that Carl Menger would have rejected Ludwig von Mises’ methodological apriorism. Second, I argue that Carl Menger was a pluralist about the methods of theoretical economics and that Mises was rather less of a pluralist, if not altogether a monist, about the legitimate method(s) of economic theorising. Finally, I try to establish the broad consistency of Menger’s pluralism with the tolerant methodological attitude of his son, the mathematician, logician, and philosopher of science, Karl Menger.
Journal: The European Journal of the History of Economic Thought
Pages: 938-966
Issue: 5
Volume: 29
Year: 2022
Month: 9
X-DOI: 10.1080/09672567.2022.2123529
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2123529
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# input file: REJH_A_2113813_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Karl-Friedrich Israel
Author-X-Name-First: Karl-Friedrich
Author-X-Name-Last: Israel
Title: The monetary theories of Carl Menger and Friedrich von Wieser: a comparative study
Abstract: 
 Menger’s adoption of the twin notions of inner and outer exchange value of money is ambiguous when considered within the broader context of his theory of value and price. Wieser recognised the problem and replaced the two notions by the economy-wide objective exchange value of money. Wieser was thus able to avoid Manger’s ambiguity and reached a more optimistic conclusion in terms of the potential of activist monetary policy to facilitate economic progress and development. This conclusion, however, can be questioned if Menger’s value theoretic foundations are correct, despite the ambiguity in his analysis.
Journal: The European Journal of the History of Economic Thought
Pages: 855-876
Issue: 5
Volume: 29
Year: 2022
Month: 9
X-DOI: 10.1080/09672567.2022.2113813
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2113813
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# input file: REJH_A_2074447_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Heinz D. Kurz
Author-X-Name-First: Heinz D.
Author-X-Name-Last: Kurz
Title: Microeconomics for the critical mind. Mainstream and heterodox analyses
Journal: The European Journal of the History of Economic Thought
Pages: 995-998
Issue: 5
Volume: 29
Year: 2022
Month: 9
X-DOI: 10.1080/09672567.2022.2074447
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2074447
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# input file: REJH_A_2074444_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Pierre Januard
Author-X-Name-First: Pierre
Author-X-Name-Last: Januard
Title: Thomas Aquinas and the civil economy tradition: the Mediterranean spirit of capitalism
Journal: The European Journal of the History of Economic Thought
Pages: 998-1001
Issue: 5
Volume: 29
Year: 2022
Month: 9
X-DOI: 10.1080/09672567.2022.2074444
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2074444
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# input file: REJH_A_2113418_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Stefano Solari
Author-X-Name-First: Stefano
Author-X-Name-Last: Solari
Title: Menger and the continental epistemology of uncertainty
Abstract: 
 The methodology of Carl Menger is often presented as contributing to the birth of neo-classical economics and following British classical liberalism, misrepresenting his original approach. On the contrary, Menger pretended empiricism. His application of subjective evaluation and his theoretical explanation of organic institutions are here seen as embedded in the Continental stream of enlightened liberalism inspired by the Lockean theory of knowledge. This methodological stream that deals with decision-making under uncertainty includes Galiani, Condillac, and Turgot, possibly preceded by Vico.
Journal: The European Journal of the History of Economic Thought
Pages: 920-937
Issue: 5
Volume: 29
Year: 2022
Month: 9
X-DOI: 10.1080/09672567.2022.2113418
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2113418
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# input file: REJH_A_2111450_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Heinz D. Kurz
Author-X-Name-First: Heinz D.
Author-X-Name-Last: Kurz
Title: Re-reading Carl Menger’s Grundsätze – another book that “cries out to be surpassed”*
Abstract: 
 The paper re-assesses (the non-monetary part of) Carl Menger’s Grundsätze (1871). It begins by pointing out that representatives of the so-called “German Use Value School” elaborated the theory of marginal utility prior to Menger. The paper then turns to Menger’s criticism of the theories of value and distribution of the classical economists and draws the attention to some important misunderstandings by him. After a summary account of Menger’s alternative construction, the paper informs about the criticisms put forward against it especially by his two main students, Eugen von Böhm-Bawerk and Friedrich von Wieser. It is then argued that contrary to Menger’s view, relative prices reflect inter alia the substances that “transmigrate” into commodities in the course of production. Despite the numerous objections levelled at it, the Grundsätze are nevertheless a “great” work, because it invites to correct what is problematic in it and develop what is sound.
Journal: The European Journal of the History of Economic Thought
Pages: 877-919
Issue: 5
Volume: 29
Year: 2022
Month: 9
X-DOI: 10.1080/09672567.2022.2111450
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2111450
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# input file: REJH_A_2110678_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Gilles Campagnolo
Author-X-Name-First: Gilles
Author-X-Name-Last: Campagnolo
Author-Name: Sandye Gloria
Author-X-Name-First: Sandye
Author-X-Name-Last: Gloria
Author-Name: Heinz Kurz
Author-X-Name-First: Heinz
Author-X-Name-Last: Kurz
Author-Name: Richard Sturn
Author-X-Name-First: Richard
Author-X-Name-Last: Sturn
Title: On the modernity of Carl Menger: criss-cross views. Roundtable conversation*
Abstract: 
 From different perspectives regarding the History of Economic Thought, the contributions to this roundtable highlight different aspects and levels of the modernity of the founder of the Austrian School of Economics, and of his importance for the development of social theory and the discipline of scientific economics. This is complemented by discussions of ambiguities and multiple meanings of modernity.
Journal: The European Journal of the History of Economic Thought
Pages: 967-992
Issue: 5
Volume: 29
Year: 2022
Month: 9
X-DOI: 10.1080/09672567.2022.2110678
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2110678
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# input file: REJH_A_2114580_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Sandye Gloria
Author-X-Name-First: Sandye
Author-X-Name-Last: Gloria
Author-Name: Ludovic Ragni
Author-X-Name-First: Ludovic
Author-X-Name-Last: Ragni
Author-Name: Richard Sturn
Author-X-Name-First: Richard
Author-X-Name-Last: Sturn
Title: Introduction: roundabout ways of looking at Menger’s modernity
Journal: The European Journal of the History of Economic Thought
Pages: 781-787
Issue: 5
Volume: 29
Year: 2022
Month: 9
X-DOI: 10.1080/09672567.2022.2114580
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2114580
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# input file: REJH_A_2074440_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: John Shovlin
Author-X-Name-First: John
Author-X-Name-Last: Shovlin
Title: Trade and nation: how companies and politics reshaped economic thought
Journal: The European Journal of the History of Economic Thought
Pages: 993-994
Issue: 5
Volume: 29
Year: 2022
Month: 9
X-DOI: 10.1080/09672567.2022.2074440
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2074440
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# input file: REJH_A_2113236_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Günther Chaloupek
Author-X-Name-First: Günther
Author-X-Name-Last: Chaloupek
Title: Monetary theory and policy: the difficult relationship of Menger’s theory of money and his positions on currency reform and monetary policy
Abstract: 
 The contribution attempts an evaluation of Menger’s theory of money by comparison of his Geld-article (1892/1909) with his statements in the context of the introduction of the gold standard in the Austro-Hungarian monarchy in 1892. In the first place, this concerns the goal of constancy of the value of money, but also his theory of money under uncertainty, his attitude towards the banking system, and other issues. The contribution also discusses the fundamental political dimension of pursuance of monetary policy goals and the anti-interventionist orientation of the economic liberalism of the representatives of later generations of the Austrian School.
Journal: The European Journal of the History of Economic Thought
Pages: 836-854
Issue: 5
Volume: 29
Year: 2022
Month: 9
X-DOI: 10.1080/09672567.2022.2113236
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2113236
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# input file: REJH_A_2113961_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Richard Arena
Author-X-Name-First: Richard
Author-X-Name-Last: Arena
Title: Time, uncertainty and knowledge: the foundations and the modernity of Carl Menger’s contribution
Abstract: 
 This contribution is dedicated to the originality and the modernity of Carl Menger’s contribution today. The focus here is not, however, on defining this originality relative to economists of the past, that is either the so-called “founders” of the “Neo-classical School” (such as Léon Walras or Vilfredo Pareto), or Menger’s followers (such as Friedrich von Wieser or Friedrich Hayek). Instead, this contribution focuses the originality and the modernity of Menger’s work in relation to the various forms of contemporary economics with a view to investigate the remaining and persistent relevance of Menger’s approach for modern economics. Specifically, this paper focuses on three main concepts that express the modernity and originality of Menger’s works: time, uncertainty and knowledge. It finally stresses the relation between Menger and modern complexity economics.
Journal: The European Journal of the History of Economic Thought
Pages: 801-816
Issue: 5
Volume: 29
Year: 2022
Month: 9
X-DOI: 10.1080/09672567.2022.2113961
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2113961
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# input file: REJH_A_2111076_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Peter J. Boettke
Author-X-Name-First: Peter J.
Author-X-Name-Last: Boettke
Title: Menger and contemporary Austrian economics: knowledge, institutions and liberalism
Abstract: 
 Carl Menger’s Principles of Economics was published in 1871, and was a central text in the marginalist revolution in economic theory. From the beginning, however, it was recognised that Menger’s “Austrian” brand of neoclassical economics stood out from the contributions of Jevons and Walras in the marginal revolution due to his emphasis on subjectivism, price formation through bargaining and exchange, the passage of time in production and exchange activity, and the evolution of institutions in addition to the focus on choice against constraints. In this paper, I attempt to trace out Menger’s continuing influence on the contemporary Austrian School of economics in terms of methodology, analytical economics, and social philosophy.
Journal: The European Journal of the History of Economic Thought
Pages: 788-800
Issue: 5
Volume: 29
Year: 2022
Month: 9
X-DOI: 10.1080/09672567.2022.2111076
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2111076
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# input file: REJH_A_2131867_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Alessandro Le Donne
Author-X-Name-First: Alessandro
Author-X-Name-Last: Le Donne
Title: Economic theory and philosophical anthropology: Marx, Gramsci, Sraffa and the study of human nature
Abstract: 
 In the present paper, we ask whether in the “new” Classical political economy as reproposed by Sraffa there is a satisfying theory of human behaviour and social change. To discuss this issue, we try to show a possible pathway to integrate the analytical part of his work with the historical analysis based on the materialist philosophical anthropology proposed by Marx. We will examine first the joint vision of Garegnani and Andrea Ginzburg to trace a compatibility between Sraffa’s thought and Marx’s thought, then we put forward some hints for a non-deterministic theory through Gramsci’s philosophy of praxis.
Journal: The European Journal of the History of Economic Thought
Pages: 1111-1124
Issue: 6
Volume: 29
Year: 2022
Month: 11
X-DOI: 10.1080/09672567.2022.2131867
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2131867
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# input file: REJH_A_2137551_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Amélie Fiévet
Author-X-Name-First: Amélie
Author-X-Name-Last: Fiévet
Title: On the shoulders of giants: from Lange (1934) to Samuelson (1938) on the “unique” measure of utility
Abstract: 
 This contribution discusses Samuelson’s reply to Lange’s paper (1934) on the unique measure of utility. It proposes an interpretation of the debate drawing on the theory of scales later introduced by Stevens in 1946. This shows that, contrary to an intuitive perception, their divergence on the possibility of a cardinal measure of utility was rooted less in mathematical than in cognitive arguments related to the way transitions between allocations are considered. Consequently, although Samuelson succeeded in giving appropriate conditions for cardinality, he based his own mistrust towards its plausibility on arguments later used in the framework of reference-dependent approaches.
Journal: The European Journal of the History of Economic Thought
Pages: 1125-1145
Issue: 6
Volume: 29
Year: 2022
Month: 11
X-DOI: 10.1080/09672567.2022.2137551
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2137551
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# input file: REJH_A_2137982_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Stefan Kolev
Author-X-Name-First: Stefan
Author-X-Name-Last: Kolev
Author-Name: Nikolay Nenovsky
Author-X-Name-First: Nikolay
Author-X-Name-Last: Nenovsky
Author-Name: Pencho Penchev
Author-X-Name-First: Pencho
Author-X-Name-Last: Penchev
Author-Name: Hans-Michael Trautwein
Author-X-Name-First: Hans-Michael
Author-X-Name-Last: Trautwein
Title: Introduction
Journal: The European Journal of the History of Economic Thought
Pages: 1003-1007
Issue: 6
Volume: 29
Year: 2022
Month: 11
X-DOI: 10.1080/09672567.2022.2137982
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2137982
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# input file: REJH_A_2138889_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Virginie Gouverneur
Author-X-Name-First: Virginie
Author-X-Name-Last: Gouverneur
Title: Early utilitarians. Lives and ideals
Journal: The European Journal of the History of Economic Thought
Pages: 1197-1199
Issue: 6
Volume: 29
Year: 2022
Month: 11
X-DOI: 10.1080/09672567.2022.2138889
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2138889
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# input file: REJH_A_2137552_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Olivier J. Blanchard
Author-X-Name-First: Olivier J.
Author-X-Name-Last: Blanchard
Author-Name: Beatrice Cherrier
Author-X-Name-First: Beatrice
Author-X-Name-Last: Cherrier
Author-Name: Pierrick Clerc
Author-X-Name-First: Pierrick
Author-X-Name-Last: Clerc
Author-Name: David E. W. Laidler
Author-X-Name-First: David E. W.
Author-X-Name-Last: Laidler
Author-Name: Athanasios Orphanides
Author-X-Name-First: Athanasios
Author-X-Name-Last: Orphanides
Author-Name: Hans-Michael Trautwein
Author-X-Name-First: Hans-Michael
Author-X-Name-Last: Trautwein
Title: Monetary non-neutrality and stabilisation policies 50 years after Lucas’s “expectations” paper: a roundtable discussion
Abstract: 
 Half a century has passed since Robert Lucas got his paper on expectations and the neutrality of money published in the Journal of Economic Theory. That article is widely considered as pathbreaking, starting a movement that changed the professional standards of doing macroeconomics. It arguably also affected the perception, if not the conduct of monetary policy and other stabilisation policies. This roundtable discussion collects comments from a panel of experts in a combination of prominent macroeconomists who have gathered ample experience of work in central banks and other authorities, and historians of economic thought.
Journal: The European Journal of the History of Economic Thought
Pages: 1165-1189
Issue: 6
Volume: 29
Year: 2022
Month: 11
X-DOI: 10.1080/09672567.2022.2137552
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2137552
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# input file: REJH_A_2136730_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Ioannes P. Chountis
Author-X-Name-First: Ioannes P.
Author-X-Name-Last: Chountis
Title: Justice and charity: the role of Aristotelianism and Anglicanism in Edmund Burke’s Thoughts and Details on Scarcity
Abstract: 
 Despite the resurgence of academic interest on Edmund Burke’s economic ideas, there seems to be room for further research on how his economic ideas were connected to his political and religious thought. Here the purpose is to examine how Anglicanism and Aristotelianism informed Burke’s economics. Through his tract Thoughts and Details on Scarcity, it is attempted to answer what role Christian charity played in his thought and how Burke’s concept of Aristotelian justice informed his economic ideas. Overall, the goal is to provide for a case study on connecting economic to political and religious thought in the 18th-century.
Journal: The European Journal of the History of Economic Thought
Pages: 1022-1041
Issue: 6
Volume: 29
Year: 2022
Month: 11
X-DOI: 10.1080/09672567.2022.2136730
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2136730
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# input file: REJH_A_2139867_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Hans-Michael Trautwein
Author-X-Name-First: Hans-Michael
Author-X-Name-Last: Trautwein
Title: Axel Leijonhufvud (1933–2022)
Journal: The European Journal of the History of Economic Thought
Pages: 1190-1194
Issue: 6
Volume: 29
Year: 2022
Month: 11
X-DOI: 10.1080/09672567.2022.2139867
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2139867
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# input file: REJH_A_2137550_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Robert W. Dimand
Author-X-Name-First: Robert W.
Author-X-Name-Last: Dimand
Author-Name: Sofia Valeonti
Author-X-Name-First: Sofia
Author-X-Name-Last: Valeonti
Title: Irving Fisher, Simon Newcomb, and their plans to stabilize the dollar
Abstract: 
 Irving Fisher dedicated Stabilizing the Dollar (1920) to Simon Newcomb for anticipating him “in proposing plans for stabilizing monetary units.” The congruence of Newcomb’s and Fisher’s monetary theories and reform proposals was not as straightforward as Fisher’s book dedication suggested. Their plans had different theoretical roots: Fisher’s compensated dollar plan was the outcome of his quantity theory of money, while Newcomb held a classical monetary theory. We compare Newcomb’s and Fisher’s plans to stabilise the dollar and explore the theoretical rationales behind them offering an illustration of how similar proposals can be the result of different theories.
Journal: The European Journal of the History of Economic Thought
Pages: 1052-1065
Issue: 6
Volume: 29
Year: 2022
Month: 11
X-DOI: 10.1080/09672567.2022.2137550
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2137550
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# input file: REJH_A_2138902_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Heinz Rieter
Author-X-Name-First: Heinz
Author-X-Name-Last: Rieter
Title: Ökonomisches Denken in drei Jahrhunderten
Journal: The European Journal of the History of Economic Thought
Pages: 1199-1202
Issue: 6
Volume: 29
Year: 2022
Month: 11
X-DOI: 10.1080/09672567.2022.2138902
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2138902
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# input file: REJH_A_2136731_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Philip Clarke
Author-X-Name-First: Philip
Author-X-Name-Last: Clarke
Author-Name: Guido Erreygers
Author-X-Name-First: Guido
Author-X-Name-Last: Erreygers
Title: Edgar Sydenstricker, a pioneer of health economics
Abstract: 
 The economist Edgar Sydenstricker, who spent most of his working life at the United States Public Health Service and at the Milbank Memorial Fund, examined a wide range of health economics issues. He contributed to the debate around the cause of the disease pellagra. This research was followed by many studies quantifying income-related health inequalities. Sydenstricker was heavily involved in the use of surveys to collect information and he was instrumental in the development of the first US National Health Survey. Other contributions include extending health insurance in the United States and methods of evaluating public health programs.
Journal: The European Journal of the History of Economic Thought
Pages: 1066-1088
Issue: 6
Volume: 29
Year: 2022
Month: 11
X-DOI: 10.1080/09672567.2022.2136731
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2136731
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# input file: REJH_A_2131865_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Theresa Hager
Author-X-Name-First: Theresa
Author-X-Name-Last: Hager
Author-Name: Ines Heck
Author-X-Name-First: Ines
Author-X-Name-Last: Heck
Author-Name: Johanna Rath
Author-X-Name-First: Johanna
Author-X-Name-Last: Rath
Title: Polanyi and Schumpeter: Transitional processes via societal spheres
Abstract: 
 We examine parallels and differences, intersections and complementarities in the notions of societal transition by Karl Polanyi and Joseph A. Schumpeter. Considering their intellectual heritage, methodology and scope, we propose a three-sphere framework to analyse their theories and study the interdependencies within capitalism. The three spheres essential to both thinkers are the political, the socio-cultural and the economic: the latter dominates the others in capitalist societies. The resulting rationalisation (Schumpeter) and commodification (Polanyi) distort the socio-cultural sphere and transcend towards the political sphere which undermines democracy. Applying our framework, we identify similar transitional mechanisms but derive different implications for society.
Journal: The European Journal of the History of Economic Thought
Pages: 1089-1110
Issue: 6
Volume: 29
Year: 2022
Month: 11
X-DOI: 10.1080/09672567.2022.2131865
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2131865
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# input file: REJH_A_2115094_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Vincent Carret
Author-X-Name-First: Vincent
Author-X-Name-Last: Carret
Title: Rupture and continuity in the original divide between microdynamics and macrodynamics
Abstract: 
 In 1933, Ragnar Frisch introduced a distinction between microdynamics and macrodynamics. His claim that he proposed the first macrodynamic analysis and that microdynamic schemes were limited to single markets or individual behaviours influenced the subsequent development of economic models. But the division was above all between tools: maximisation at the individual level, and dynamic analysis at the aggregate level. What was at stake was the question of economic rationality and whether it could be extended to an aggregate system. This paper reconstructs the different research programs to give a new picture of the development of early mathematical models in economics.
Journal: The European Journal of the History of Economic Thought
Pages: 1146-1164
Issue: 6
Volume: 29
Year: 2022
Month: 11
X-DOI: 10.1080/09672567.2022.2115094
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2115094
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# input file: REJH_A_2125031_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Richard van den Berg
Author-X-Name-First: Richard
Author-X-Name-Last: van den Berg
Title: “esclave né de quiconque l’achète”. The multiple histories of economic texts
Abstract: 
 Today doing history of economic thought can mean many things. Most fundamentally, they are the different questions, rather than the methods chosen to answer them, that give rise to varying examinations of the products of previous economists. As a classification, four kinds of questions are suggested. The answers to the various questions may sometimes complement and reinforce each other. But if they do not, this should not necessarily be a problem for continued dialogue. All one needs is an acknowledgment that different perspectives are not mutually exclusive.
Journal: The European Journal of the History of Economic Thought
Pages: 1008-1021
Issue: 6
Volume: 29
Year: 2022
Month: 11
X-DOI: 10.1080/09672567.2022.2125031
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2125031
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# input file: REJH_A_2099440_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Anton Galeev
Author-X-Name-First: Anton
Author-X-Name-Last: Galeev
Title: Yuli Zhukovsky’s contribution to Russian debates on economic development of the 1860s–70s
Abstract: 
 This paper is devoted to the debate on economic development in Russia after the abolition of serfdom in 1861 and focuses on the contribution of Yuli Zhukovsky, a self-taught economist. Based on his interpretation of western ideas, he saw material conditions as the crucial factor of economic development and suggested a set of measures that would ensure the improvement of the country’s productivity. Zhukovsky’s eclectic views differed from the ideas of the radical intelligentsia and the liberals, thus making his contribution unique.
Journal: The European Journal of the History of Economic Thought
Pages: 1042-1051
Issue: 6
Volume: 29
Year: 2022
Month: 11
X-DOI: 10.1080/09672567.2022.2099440
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2099440
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# input file: REJH_A_2074442_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Samuel Demeulemeester
Author-X-Name-First: Samuel
Author-X-Name-Last: Demeulemeester
Title: Allyn Abbott Young
Journal: The European Journal of the History of Economic Thought
Pages: 1195-1197
Issue: 6
Volume: 29
Year: 2022
Month: 11
X-DOI: 10.1080/09672567.2022.2074442
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# input file: REJH_A_2108871_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Stefano Di Bucchianico
Author-X-Name-First: Stefano
Author-X-Name-Last: Di Bucchianico
Title: The negative natural rate of interest in the modern theories of Liquidity Trap and Secular Stagnation: back to Böhm-Bawerk via Samuelson
Abstract: 
 The negative natural rate of interest is since two decades eliciting theoretical and policy debates. It re-emerged, after a relatively long time, in Krugman’s Liquidity Trap model. Later, it was placed at the hearth of the Secular Stagnation theory by Summers. It is argued that Krugman’s negative natural rate of interest ensues from theoretical premises analogous to those present in Samuelson’s overlapping-generations model. In turn, Samuelson obtained a negative equilibrium interest rate by opportunely recasting Böhm-Bawerk’s three causes for a positive rate of interest. The present paper illustrates and analyses this line of thought until its recent developments.
Journal: The European Journal of the History of Economic Thought
Pages: 40-61
Issue: 1
Volume: 30
Year: 2023
Month: 1
X-DOI: 10.1080/09672567.2022.2108871
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2108871
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# input file: REJH_A_2123544_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Shinji Nohara
Author-X-Name-First: Shinji
Author-X-Name-Last: Nohara
Title: An unpublished letter from Adam Smith
Abstract: 
 This paper examines a letter by Adam Smith that has not been reported on by any previous publication on Smith’s letters, including the Correspondence of Adam Smith. The background of this unpublished letter is also explained. Adam Smith sent this unpublished letter to Richard Elliston Philips, Esq, who was secretary to the Board of Customs in Scotland. Importantly, this letter is worth studying because it enables us to understand Smith’s activities at the Customs House. Furthermore, the unpublished letter referenced Smith’s last visit to London. The letter indicates what Smith did not want to do during this visit.
Journal: The European Journal of the History of Economic Thought
Pages: 132-140
Issue: 1
Volume: 30
Year: 2023
Month: 1
X-DOI: 10.1080/09672567.2022.2123544
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2123544
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# input file: REJH_A_2123541_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Michaël Assous
Author-X-Name-First: Michaël
Author-X-Name-Last: Assous
Author-Name: Vincent Carret
Author-X-Name-First: Vincent
Author-X-Name-Last: Carret
Title: Moving dynamics beyond business cycles: Jan Tinbergen’s first macrodynamic model (1934–1936)
Abstract: 
 As soon as 1932, Jan Tinbergen proposed an explanation of the Great Depression based on a specific treatment of unstable processes and multiple equilibria. After his involvement in the early meetings of the Econometric Society, he worked on different dynamic models accounting for this instability. In 1934, he built a macrodynamic model generating new types of economic movements that did not return to a stationary state. This led him in 1936 to consider the possibility of having two equilibria, with damped or self-sustained cycles around the high equilibrium and a collapse around the low equilibrium. Tinbergen saw these models, with reference to Irving Fisher’s 1933 paper, as a way to interpret the potential of a crisis to trigger the collapse of the economy. In the end, it turns out that Tinbergen managed to extend the perspective for the study of the business cycle mechanism to non cyclical behaviours which, strikingly, remains almost totally ignored in most histories of macroeconomics and econometrics.
Journal: The European Journal of the History of Economic Thought
Pages: 117-131
Issue: 1
Volume: 30
Year: 2023
Month: 1
X-DOI: 10.1080/09672567.2022.2123541
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2123541
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# input file: REJH_A_2138896_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Eugene Heath
Author-X-Name-First: Eugene
Author-X-Name-Last: Heath
Title: Historicizing self-interest in the modern Atlantic world: a plea for ego?,
Journal: The European Journal of the History of Economic Thought
Pages: 148-150
Issue: 1
Volume: 30
Year: 2023
Month: 1
X-DOI: 10.1080/09672567.2022.2138896
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2138896
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# input file: REJH_A_2138912_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Carlos Eduardo Suprinyak
Author-X-Name-First: Carlos Eduardo
Author-X-Name-Last: Suprinyak
Title: The neomercantilists: a global intellectual history,
Journal: The European Journal of the History of Economic Thought
Pages: 144-147
Issue: 1
Volume: 30
Year: 2023
Month: 1
X-DOI: 10.1080/09672567.2022.2138912
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2138912
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# input file: REJH_A_2138916_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Louise Villeneuve
Author-X-Name-First: Louise
Author-X-Name-Last: Villeneuve
Title: John Stuart Mill, socialist
Journal: The European Journal of the History of Economic Thought
Pages: 153-155
Issue: 1
Volume: 30
Year: 2023
Month: 1
X-DOI: 10.1080/09672567.2022.2138916
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2138916
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# input file: REJH_A_2108872_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Carolina Alves
Author-X-Name-First: Carolina
Author-X-Name-Last: Alves
Author-Name: Danielle Guizzo
Author-X-Name-First: Danielle
Author-X-Name-Last: Guizzo
Title: When economic theory meets policy: Barbara Wootton and the creation of the British welfare state
Abstract: 
 This article investigates Barbara Wootton’s contributions to the discussion and implementation of a welfare system in Britain. It draws both from her theoretical work and her engagement in the public debate, including her interactions with William Beveridge and his welfare plan for post-war Britain. An assessment of Wootton’s published and unpublished works allows for correlating her views on economic theory and policy with the role of the state. We claim that Wootton’s critique of economic theory and her understanding of reality provided a sound foundation for her policy-making prescriptions, which contributed to a more interventionist perspective of Britain’s welfare state.
Journal: The European Journal of the History of Economic Thought
Pages: 22-39
Issue: 1
Volume: 30
Year: 2023
Month: 1
X-DOI: 10.1080/09672567.2022.2108872
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2108872
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# input file: REJH_A_2108869_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Thomas Delcey
Author-X-Name-First: Thomas
Author-X-Name-Last: Delcey
Author-Name: Francesco Sergi
Author-X-Name-First: Francesco
Author-X-Name-Last: Sergi
Title: The efficient market hypothesis and rational expectations macroeconomics. How did they meet and live (happily) ever after?
Abstract: 
 This article contributes to the study of the historical relationship between macroeconomics and financial economics. We investigate the interactions, in the 1960s and 1970s, between two research programmes—“rational expectations macroeconomics” (or “new classical macroeconomics”) and the efficient market hypothesis. We uncover the back-and-forth-dialogue between these two research programmes, which took place along the 1970s. We identify Sargent’s contribution on the term structure of interest rates (and ensuing debates) as the starting point of this dialogue. We then highlight how rational expectations models reshaped the definition and assessment of the efficient market hypothesis in financial economics.
Journal: The European Journal of the History of Economic Thought
Pages: 86-116
Issue: 1
Volume: 30
Year: 2023
Month: 1
X-DOI: 10.1080/09672567.2022.2108869
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2108869
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# input file: REJH_A_2098998_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Jordan Melmiès
Author-X-Name-First: Jordan
Author-X-Name-Last: Melmiès
Title: Unit profit margins along post-Keynesian lines: from Sraffa, Kalecki, Robinson to Eichner, Wood, Harcourt and Kenyon
Abstract: 
 This article offers a retrospective reading of the evolution of post-Keynesian authors on the determination of corporate unit profit margins. It shows that this theory was essentially structured into three stages. The first stage is based on the so called imperfect competition theory and/or the degree of monopoly in the 1920s and 1930s, which was based in turn on an indirect approach and profit maximisation. This was followed by a second period of distancing from and questioning of this work, before a third period of structuring and convergence towards a more direct and inclusive approach focussing on growth and self-financing of investment in the 1970s. This evolution raises issues in terms of analysis and economic policy.
Journal: The European Journal of the History of Economic Thought
Pages: 1-21
Issue: 1
Volume: 30
Year: 2023
Month: 1
X-DOI: 10.1080/09672567.2022.2098998
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2098998
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# input file: REJH_A_2108870_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Guillaume Vallet
Author-X-Name-First: Guillaume
Author-X-Name-Last: Vallet
Title: Rebuilding the economy of the home – for the emergence of the “new woman”: Charlotte Perkins Gilman’s pioneering thoughts
Abstract: 
 In the closing years of the nineteenth century in the United States, Charlotte Perkins Gilman emphasised the connection between the rules governing the socio-economic institutions of her time and those of home economics. She called for radical transformations of the economy of the home as a way of promoting the “new woman” which would reduce social tensions and improve the economy. Gilman’s most valuable contribution to economics was that she permanently made gender economics a decisive analytical framework for her successors to use in many of their own works.
Journal: The European Journal of the History of Economic Thought
Pages: 62-85
Issue: 1
Volume: 30
Year: 2023
Month: 1
X-DOI: 10.1080/09672567.2022.2108870
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2108870
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# input file: REJH_A_2138898_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Hagen M. Krämer
Author-X-Name-First: Hagen M.
Author-X-Name-Last: Krämer
Title: The gypsy economist. The life and times of Colin Clark,
Journal: The European Journal of the History of Economic Thought
Pages: 150-153
Issue: 1
Volume: 30
Year: 2023
Month: 1
X-DOI: 10.1080/09672567.2022.2138898
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2138898
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# input file: REJH_A_2138885_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20220907T060133 git hash: 85d61bd949
Author-Name: Erwin Dekker
Author-X-Name-First: Erwin
Author-X-Name-Last: Dekker
Title: Modelling economic instability. A history of early macroeconomics
Journal: The European Journal of the History of Economic Thought
Pages: 141-144
Issue: 1
Volume: 30
Year: 2023
Month: 1
X-DOI: 10.1080/09672567.2022.2138885
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2138885
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# input file: REJH_A_2131864_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Stefano Simonetta
Author-X-Name-First: Stefano
Author-X-Name-Last: Simonetta
Title: Some elements of political economy in the thought of Sir John Fortescue
Abstract: 
 This paper focuses on Fortescue’s analysis of the economic impact of various forms of government, based on a comparison between the material well-being which the English enjoy by virtue of their “political kingdom” and the conditions of extreme poverty of the common people in France, an effect of their political-legal system. Fortescue’s criteria for judging between different regimes are pragmatic: the main reason for his preference for the temperate monarchy of England is the fact that it gives all inhabitants full enjoyment of the fruits of their labour, and encourages the economic growth of all parts of the realm.
Journal: The European Journal of the History of Economic Thought
Pages: 247-274
Issue: 2
Volume: 30
Year: 2023
Month: 3
X-DOI: 10.1080/09672567.2022.2131864
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2131864
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# input file: REJH_A_2148711_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Matthieu Renault
Author-X-Name-First: Matthieu
Author-X-Name-Last: Renault
Title: Macroeconomics under pressure: the feedback effects of economic expertise
Abstract: 
 The influence of macroeconomists’ on policymakers through economic expertise is usually taken for granted. Yet, the reverse proposal appears far less elusive and as significant. From the analysis of Malinvaud’s writings, I set forth three significant feedback effects of economic expertise on macroeconomics, which has (i) become oversensitive to the results of economic policies, (ii) behaved as a tool for decision-making, and (iii) been impelled to search for internal consensus in order to guide policymaking. Taken together, these feedback effects of economic expertise draw how macroeconomics has been structurally intertwined with policymakers’ needs and issues since World War II, thus providing new insights on the “Keynesian consensus” in France and the broader history of macroeconomics.
Journal: The European Journal of the History of Economic Thought
Pages: 275-298
Issue: 2
Volume: 30
Year: 2023
Month: 3
X-DOI: 10.1080/09672567.2022.2148711
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2148711
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# input file: REJH_A_2138899_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Maria Pia Paganelli
Author-X-Name-First: Maria Pia
Author-X-Name-Last: Paganelli
Title: Adam Smith and the wealth of nations in Spain: a history of reception, dissemination and application, 1777–1840
Journal: The European Journal of the History of Economic Thought
Pages: 334-335
Issue: 2
Volume: 30
Year: 2023
Month: 3
X-DOI: 10.1080/09672567.2022.2138899
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2138899
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# input file: REJH_A_2178477_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Rosario Patalano
Author-X-Name-First: Rosario
Author-X-Name-Last: Patalano
Title: International clearing system as alternative monetary order
Abstract: 
 The purpose of this paper is to reconstruct the debate on the international clearing mechanism from the pioneering proposals of the nineteenth century to the years of high theory, at the beginning of the 1940s, when several plans were defined to establish international clearing mechanisms, and the well-known John Maynard Keynes’s International Clearing Union Plan was joined by other projects proposed by Paul Einzig and two German-born economists, Ernst Friedrich Schumacher and Hubert Ladenburg. As is well known, the Keynes plan was conceived as a response to the Nazi plan to establish a multilateral clearing system for regulating trade relations in the economic space of the countries occupied by the Third Reich. However, Keynes did not elaborate a plan radically opposed to the Nazi proposal, but shared its essential core. While being opposite sides of the conflict, both Nazi Germany and the British government proposed the same monetary order, based on multilateral clearing system, for the post-war world. The project of a new international monetary order based on the multilateral clearing system was not unanimously shared among the Allies: the United States moved on different lines confirming the centrality of gold in the post-war world order. Economic interests imposed the restoration of gold-exchange standard, based on the dollar supremacy and the Bretton Woods agreement, confirming the political success of Harry Dexter White’s proposal, was a turning point in a spontaneous path towards a new international order based on clearing agreements. Keynes proposed an economically realistic solution, based on the experience of clearing agreements resulting from the collapse of the gold exchange standard, but his plan was politically unrealistic in the face of the interests of the United States superpower. Keynes did not accept a compromise, but was simply defeated.
Journal: The European Journal of the History of Economic Thought
Pages: 299-331
Issue: 2
Volume: 30
Year: 2023
Month: 3
X-DOI: 10.1080/09672567.2023.2178477
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2178477
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# input file: REJH_A_2143544_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Milan Zafirovski
Author-X-Name-First: Milan
Author-X-Name-Last: Zafirovski
Title: Economics and social stratification: classical-neoclassical economists’ thought on class structure and related phenomena
Abstract: 
 The paper re-examines the approach of conventional economics to social stratification, in particular class structure and distribution of wealth. It argues that conventional economics generally tends to assume an ambivalent, dualistic position on social stratification, especially class structure and distribution, expressed in a dual approach to the matter. The first approach consists in neglecting or downplaying stratification, plus treating it as transient and benign, and explaining and rationalising it by “natural” and/or transcendental causes. The second approach involves recognising and stressing the existence and relevance of class and generally social stratification, particularly the arbitrary institutional nature and adverse effects of the unequal distribution of wealth and income. The paper intends to make two contributions to the history of economic thought. They are, first, disclosing an implicit, rudimentary and partly overlooked debate on social stratification in the history of economic thought, and second, helping develop a more complete, explicit and systematic historical account of the subject. These goals and contributions can be of high relevance for the history of economic thought for at least two reasons. These are that, first, many economists seem unaware of some debates on social stratification within the latter, and second, a fuller historical account of the subject is necessary or desirable in view of its relative importance historically contemplated. These goals are consistent with the rebirth and growing pertinence of stratification economics. The paper can hence potentially be of interest and relevance to economists working on re-emerging stratification economics as well as to sociologists.
Journal: The European Journal of the History of Economic Thought
Pages: 157-205
Issue: 2
Volume: 30
Year: 2023
Month: 3
X-DOI: 10.1080/09672567.2022.2143544
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2143544
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# input file: REJH_A_2123542_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Joachim De Paoli
Author-X-Name-First: Joachim
Author-X-Name-Last: De Paoli
Title: Debates on the falling birth rate in France at the beginning of the twentieth century
Abstract: 
 The theme of population is recurrent in economics, particularly in France. The literature in history of economic thought related to these issues is extensive, especially, in the case of French liberal economists, from the period starting with the writings of Malthus up to the middle of the 19th century. Few studies, however, focus on the position of economic liberals in the late 19th and early 20th centuries. The purpose of this paper is therefore to extend the analysis and provide an account of the key debates amongst the French liberal economists of this period concerning what they referred to as “the problem of population”. We shall first see that this “problem” consisted in a stagnation of French population levels due to a drop in the birth rate, leading to negative consequences for the economy and elsewhere. This led economists to name causes and solutions to this decline on which the French liberals were divided. For some authors, the causes arose from a change in lifestyles, for others to increasing intervention by the state. Lastly, we will present the contrasting ideas for solutions to allow the birth rate to increase again. For some, the solution was a moral one: what was needed was a change of mindset. For others, the solution was economic, i.e., the human condition could be improved by free trade. For others, the solution lay in legislation: the state should encourage individuals to have more children.
Journal: The European Journal of the History of Economic Thought
Pages: 227-246
Issue: 2
Volume: 30
Year: 2023
Month: 3
X-DOI: 10.1080/09672567.2022.2123542
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2123542
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# input file: REJH_A_2138880_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: François Allisson
Author-X-Name-First: François
Author-X-Name-Last: Allisson
Title: Léon Walras, économiste et socialiste libéral. Essais
Journal: The European Journal of the History of Economic Thought
Pages: 338-340
Issue: 2
Volume: 30
Year: 2023
Month: 3
X-DOI: 10.1080/09672567.2022.2138880
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2138880
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# input file: REJH_A_2123543_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: John Yinger
Author-X-Name-First: John
Author-X-Name-Last: Yinger
Title: Envelopes for economists: an intellectual history
Abstract: 
 All economists know that a long-run average cost curve is the envelope of a family of short-run average cost curves, but many economists do not realise that envelope mathematics can be applied to many other topics. This paper reviews envelope mathematics and describes its intellectual history on several topics, including housing hedonics. The envelope derivations in this paper shed light on the key distinction in many envelopes between movement along a function in the family and equilibrium shifting from one family member to the next and ensure that the functional forms of the family of curves and their envelope are consistent with each other.
Journal: The European Journal of the History of Economic Thought
Pages: 206-226
Issue: 2
Volume: 30
Year: 2023
Month: 3
X-DOI: 10.1080/09672567.2022.2123543
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2123543
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# input file: REJH_A_2169266_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Marten Seppel
Author-X-Name-First: Marten
Author-X-Name-Last: Seppel
Title: Kameralismus und merkantilismus
Journal: The European Journal of the History of Economic Thought
Pages: 332-334
Issue: 2
Volume: 30
Year: 2023
Month: 3
X-DOI: 10.1080/09672567.2023.2169266
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2169266
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# input file: REJH_A_2169271_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Fabrizio Simon
Author-X-Name-First: Fabrizio
Author-X-Name-Last: Simon
Title: Law and the invisible hand. A theory of Adam Smith’s Jurisprudence
Journal: The European Journal of the History of Economic Thought
Pages: 336-337
Issue: 2
Volume: 30
Year: 2023
Month: 3
X-DOI: 10.1080/09672567.2023.2169271
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2169271
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# input file: REJH_A_2197249_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: D. Wade Hands
Author-X-Name-First: D. Wade
Author-X-Name-Last: Hands
Title: Frank Knight and behavioral economics
Abstract: 
 Frank Knight was an enigmatic thinker: about economics, individual behavior more generally, ethics, epistemology, and a number of other subjects. However, his views on some topics often created tensions with his views on other topics. This paper will examine two of these Knightian tensions: his views on the relationship between homo economicus the actual human behavior and his views on the relationship between rational economic behavior and normative economics. It will be argued that Knight anticipated many of the anomalies identified by behavioral economics and yet did so while defending homo economicus to some degree.
Journal: The European Journal of the History of Economic Thought
Pages: 341-368
Issue: 3
Volume: 30
Year: 2023
Month: 5
X-DOI: 10.1080/09672567.2023.2197249
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2197249
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# input file: REJH_A_2190598_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Yasuo Takatsuki
Author-X-Name-First: Yasuo
Author-X-Name-Last: Takatsuki
Author-Name: Taro Hisamatsu
Author-X-Name-First: Taro
Author-X-Name-Last: Hisamatsu
Title: The role of information in the Rice Exchange: YAMAGATA Bantō’s Great Knowledge (1806)
Abstract: 
 The nineteenth-century French economist Jules Regnault has been reassessed as a pioneer of financial economics by Jovanovic and others. Although not as elaborate as Regnault’s model for the random nature of stock prices, there was a Japanese philosopher in the same century whose ideas resembled Fama’s hypothesis that all available information is reflected in market prices. His name was YAMAGATA Bantō. This paper clarifies his contribution to the early concept of the Efficient Market Hypothesis by analysing his discussion on information presented in his 1806 Great Knowledge.
Journal: The European Journal of the History of Economic Thought
Pages: 395-409
Issue: 3
Volume: 30
Year: 2023
Month: 5
X-DOI: 10.1080/09672567.2023.2190598
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2190598
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# input file: REJH_A_2190600_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Paolo Silvestri
Author-X-Name-First: Paolo
Author-X-Name-Last: Silvestri
Author-Name: Benoît Walraevens
Author-X-Name-First: Benoît
Author-X-Name-Last: Walraevens
Title: Liberty, political economy and good government in Adam Smith
Abstract: 
 What does Adam Smith mean by “good government”? How is it related to his political economy and system of natural liberty? No extensive or specific treatment of these hermeneutical issues has been given in Smith’s scholarship. Answering these questions is fundamental to having a new interpretation of the various links between the legal, political, ethical and economic aspects of Smith’s view of social order. The great theme of good government, which runs through the whole history of Western political-legal thought, if read in relation to the system of natural liberty, provides a different understanding of the thought of Smith on “Political Economy” as the “science of a statesman or legislator” and the new art of good government. Our reconstruction of Smith’s view of good government aims to cast light on and give a new significance to his unfinished project of a new science of society.
Journal: The European Journal of the History of Economic Thought
Pages: 410-442
Issue: 3
Volume: 30
Year: 2023
Month: 5
X-DOI: 10.1080/09672567.2023.2190600
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2190600
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# input file: REJH_A_2169228_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Marie Daou
Author-X-Name-First: Marie
Author-X-Name-Last: Daou
Author-Name: Alain Marciano
Author-X-Name-First: Alain
Author-X-Name-Last: Marciano
Title: Conservative liberalism, ordo-liberalism, and the state
Journal: The European Journal of the History of Economic Thought
Pages: 496-500
Issue: 3
Volume: 30
Year: 2023
Month: 5
X-DOI: 10.1080/09672567.2023.2169228
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2169228
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# input file: REJH_A_2169249_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Susan Howson
Author-X-Name-First: Susan
Author-X-Name-Last: Howson
Title: Constructing economic science: the invention of a discipline 1850–1950
Journal: The European Journal of the History of Economic Thought
Pages: 493-496
Issue: 3
Volume: 30
Year: 2023
Month: 5
X-DOI: 10.1080/09672567.2023.2169249
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2169249
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# input file: REJH_A_2169237_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Jean-Baptiste Fleury
Author-X-Name-First: Jean-Baptiste
Author-X-Name-Last: Fleury
Title: Thinking like an economist: how efficiency replaced equality in U.S public policy
Journal: The European Journal of the History of Economic Thought
Pages: 503-506
Issue: 3
Volume: 30
Year: 2023
Month: 5
X-DOI: 10.1080/09672567.2023.2169237
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2169237
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# input file: REJH_A_2200058_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Sheila Dow
Author-X-Name-First: Sheila
Author-X-Name-Last: Dow
Title: Victoria Chick 1936–2023
Journal: The European Journal of the History of Economic Thought
Pages: 486-490
Issue: 3
Volume: 30
Year: 2023
Month: 5
X-DOI: 10.1080/09672567.2023.2200058
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2200058
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# input file: REJH_A_2138900_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Terry Peach
Author-X-Name-First: Terry
Author-X-Name-Last: Peach
Title: Before method and models: The political economy of Malthus and Ricardo
Journal: The European Journal of the History of Economic Thought
Pages: 491-492
Issue: 3
Volume: 30
Year: 2023
Month: 5
X-DOI: 10.1080/09672567.2022.2138900
File-URL: http://hdl.handle.net/10.1080/09672567.2022.2138900
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# input file: REJH_A_2181131_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Erik Grimmer-Solem
Author-X-Name-First: Erik
Author-X-Name-Last: Grimmer-Solem
Title: A political economy of power: Ordoliberalism in context, 1932–1950
Journal: The European Journal of the History of Economic Thought
Pages: 500-503
Issue: 3
Volume: 30
Year: 2023
Month: 5
X-DOI: 10.1080/09672567.2023.2181131
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2181131
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# input file: REJH_A_2203508_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Pascal Bridel
Author-X-Name-First: Pascal
Author-X-Name-Last: Bridel
Title: Sismondi on money, banking, credit and public debt: an exploratory essay
Abstract: 
 This contribution examines Sismondi’s money, banking and credit theories and explores his public debt analysis (1803–1838) to connect the instability of market economy with his vision of the social contract. A detailed analysis is offered of the evolution in Sismondi’s opinion on the nature of money and the banking system, and the part it plays in his trade cycle theory. Sismondi’s monetary thought is then contextualised with a discussion of his policy-mix in relation to the Napoleonic war financing in Continental Europe. Connections with the upcoming flood of literature in England on the bullion controversy are also offered. Remarks are then suggested on the progressive emergence of an “art of public borrowing” according to which the people who provide the money also control the government. Finally, some reflections are proposed on the explicit connection established by Sismondi between budget deficits, the (ab-)use of inconvertible paper money and the partial collapse of the social contract initiated by banks and the governments using it. The entrenched instability of a market economy (discussed in an earlier article) is reinforced by the banking/credit system that works along similar line than any wealth-producing firm. Hence, thanks to the financial system, wealth does grow faster but at the expense of social justice.
Journal: The European Journal of the History of Economic Thought
Pages: 468-485
Issue: 3
Volume: 30
Year: 2023
Month: 5
X-DOI: 10.1080/09672567.2023.2203508
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2203508
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# input file: REJH_A_2202922_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Juan Ramón Rallo
Author-X-Name-First: Juan Ramón
Author-X-Name-Last: Rallo
Title: Business cycle theory: Where Minsky and Hayek agreed
Abstract: 
 Hyman Minsky’s and Friedrich Hayek’s theories on the business cycle are often regarded as fundamentally divergent even when they share certain points in common: while Minsky attributes the cause of economic fluctuations to the inherently speculative tendencies of financial markets, Hayek blames central banks for credit manipulation. This paper aims to demonstrate that the similarities between both authors are greater than generally believed and that actually some consensus exists in their writings: both authors think that the economic boom is the result of an unsustainable credit expansion and that the depression can be explained by financial or, ultimately, real constraints.
Journal: The European Journal of the History of Economic Thought
Pages: 443-467
Issue: 3
Volume: 30
Year: 2023
Month: 5
X-DOI: 10.1080/09672567.2023.2202922
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2202922
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# input file: REJH_A_2190599_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Nicola Giocoli
Author-X-Name-First: Nicola
Author-X-Name-Last: Giocoli
Title: Beyond trust: why American classical jurists and economists could not love the corporation
Abstract: 
 Given the unconditional favour that scholars imbued with classical ideas should bestow on any manifestation of business freedom and entrepreneurial spirit, it was not a given that classical jurists and economists would join the ranks of those who in the late 19th century complained about the corporatisation of the American economy. The usual explanation is that they did so out of doctrinal and practical concerns for the effect of the associated rise of monopolies and trusts. A complementary account exists, however, offered by law historians and based on the doctrinal controversies about the true nature of corporations triggered by the famous Santa Clara decision (1886) of the US Supreme Court. The paper casts new light on the latter account by uncovering those aspects of classical economics that made it impossible for its supporters – economists and jurists alike – to unreservedly support the corporate form before and beyond the trust problem.
Journal: The European Journal of the History of Economic Thought
Pages: 369-394
Issue: 3
Volume: 30
Year: 2023
Month: 5
X-DOI: 10.1080/09672567.2023.2190599
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2190599
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# input file: REJH_A_2228557_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Constantinos Repapis
Author-X-Name-First: Constantinos
Author-X-Name-Last: Repapis
Title: The Palgrave companion to Oxford economics,
Journal: The European Journal of the History of Economic Thought
Pages: 673-674
Issue: 4
Volume: 30
Year: 2023
Month: 7
X-DOI: 10.1080/09672567.2023.2228557
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2228557
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# input file: REJH_A_2202920_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Erik W. Matson
Author-X-Name-First: Erik W.
Author-X-Name-Last: Matson
Title: Commerce as cooperation with the deity: Self-love, the common good, and the coherence of Francis Hutcheson
Abstract: 
 There has been debate over the coherence of Hutcheson’s writings. Hutcheson’s writings on ethics have been taken as inconsistent with his work on jurisprudence and economics. This article argues that Hutcheson’s works are coherent when situated in theological context. We find across Hutcheson’s works a belief that God has benevolently designed the natural order. Hutcheson’s later works outline the rules by which we make our efforts to serve the common good effective in practice. The article contributes to our appreciation of the relationship between theology and the idea of mutual benefits in the history of economic thought.
Journal: The European Journal of the History of Economic Thought
Pages: 507-524
Issue: 4
Volume: 30
Year: 2023
Month: 7
X-DOI: 10.1080/09672567.2023.2202920
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2202920
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# input file: REJH_A_2181130_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Andrew Gamble
Author-X-Name-First: Andrew
Author-X-Name-Last: Gamble
Title: Hayek: a life, 1899–1950
Journal: The European Journal of the History of Economic Thought
Pages: 675-678
Issue: 4
Volume: 30
Year: 2023
Month: 7
X-DOI: 10.1080/09672567.2023.2181130
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2181130
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# input file: REJH_A_2225862_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Karl-Friedrich Israel
Author-X-Name-First: Karl-Friedrich
Author-X-Name-Last: Israel
Title: Pawel Ciompa and the meaning of econometrics: a comparison of two concepts
Abstract: 
 Pawel Ciompa’s original and forgotten conception of econometrics is compared with Ragnar Frisch’s interpretation of the term. Ciompa conceived of econometrics as being entirely descriptive, facilitating the conveyance of information in the field of accounting. In contrast, Frisch regarded it as a quantitative and empirical approach to economic theorising. Arguments against Frisch’s conception of econometrics have been brought forward among others by Ciompa’s countrymen of the Austrian School. Ciompa’s own conception is immune to that criticism. It is concluded that modern econometrics should be confined to the narrower descriptive character that Pawel Ciompa originally attached to the term.
Journal: The European Journal of the History of Economic Thought
Pages: 635-657
Issue: 4
Volume: 30
Year: 2023
Month: 7
X-DOI: 10.1080/09672567.2023.2225862
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2225862
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# input file: REJH_A_2169258_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Ingrid Harvold Kvangraven
Author-X-Name-First: Ingrid Harvold
Author-X-Name-Last: Kvangraven
Author-Name: Felipe Antunes de Oliveira
Author-X-Name-First: Felipe Antunes
Author-X-Name-Last: de Oliveira
Title: The world that Latin America created. The United Nations economic commission for Latin America in the development era
Journal: The European Journal of the History of Economic Thought
Pages: 683-687
Issue: 4
Volume: 30
Year: 2023
Month: 7
X-DOI: 10.1080/09672567.2023.2169258
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2169258
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# input file: REJH_A_2226397_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Alain Alcouffe
Author-X-Name-First: Alain
Author-X-Name-Last: Alcouffe
Author-Name: David Le Bris
Author-X-Name-First: David
Author-X-Name-Last: Le Bris
Title: Georges d’Avenel. An economic historian ahead of his time
Abstract: 
 Unsatisfied with the traditional history, d’Avenel focused on quantitative data to understand the past. He built series of prices of multiple goods and services from 1200 onwards to document long-term changes in incomes and prices as a result of the technical progress and in inequalities as captured by the top 1%. Criticised by some contemporary historians, his data were used by Vilfredo Pareto, Irving Fisher, Ragner Frisch or Alfred Marshall and are still exploited. His analysis fertilised various fields in particular the Annales School and his findings on social evolutions attract the interest of 21st-century social scientists.
Journal: The European Journal of the History of Economic Thought
Pages: 606-634
Issue: 4
Volume: 30
Year: 2023
Month: 7
X-DOI: 10.1080/09672567.2023.2226397
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2226397
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# input file: REJH_A_2208869_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Eleni Drakaki
Author-X-Name-First: Eleni
Author-X-Name-Last: Drakaki
Title: Geography and the critique of mainstream economic theory: the legacy of J.A. Hobson
Abstract: 
 This paper aims to explore the work of John Atkinson Hobson (1858–1940) in political economy, emphasising his geographical perspective. Hobson, known mainly for his theory of imperialism and as a heretic in economics, was one of the first to discern the uneven geographical dynamics of capitalism and the socio-economic implications of accumulation, considering all the interrelated spatial scales, from the local to international. The main argument is that he applied a form of geographical-historical analysis, and thus, he could be acknowledged as a pioneer in spatial-economic thought or in what geographers today call the geographical political economy approach.
Journal: The European Journal of the History of Economic Thought
Pages: 556-576
Issue: 4
Volume: 30
Year: 2023
Month: 7
X-DOI: 10.1080/09672567.2023.2208869
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2208869
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# input file: REJH_A_2181135_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Mark D. White
Author-X-Name-First: Mark D.
Author-X-Name-Last: White
Title: Immanuel Kant and utilitarian ethics
Journal: The European Journal of the History of Economic Thought
Pages: 665-667
Issue: 4
Volume: 30
Year: 2023
Month: 7
X-DOI: 10.1080/09672567.2023.2181135
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2181135
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# input file: REJH_A_2228559_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Carlos Eduardo Suprinyak
Author-X-Name-First: Carlos Eduardo
Author-X-Name-Last: Suprinyak
Title: A history of Brazilian economic thought: From colonial times through the early 21st century,
Journal: The European Journal of the History of Economic Thought
Pages: 680-683
Issue: 4
Volume: 30
Year: 2023
Month: 7
X-DOI: 10.1080/09672567.2023.2228559
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2228559
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Handle: RePEc:taf:eujhet:v:30:y:2023:i:4:p:680-683



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# input file: REJH_A_2208870_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Aldo Barba
Author-X-Name-First: Aldo
Author-X-Name-Last: Barba
Title: Gesell’s half a theory of the rate of interest
Abstract: 
 This article discusses previously unpublished correspondence between Keynes and the German economist Franz Hochstetter, a strong supporter of Silvio Gesell. The correspondence debates the reasons why Keynes deemed Gesell’s theory of the rate of interest as incomplete, and his plan of stamped money as impractical. The issue is analysed by referring to the more general theme of the inconsistencies in Keynes’s interest theory, and the unsuccessful attempts he made to strengthen its foundations.
Journal: The European Journal of the History of Economic Thought
Pages: 525-555
Issue: 4
Volume: 30
Year: 2023
Month: 7
X-DOI: 10.1080/09672567.2023.2208870
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2208870
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# input file: REJH_A_2181133_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Ivo Maes
Author-X-Name-First: Ivo
Author-X-Name-Last: Maes
Title: Money and empire. Charles P. Kindleberger and the dollar system
Journal: The European Journal of the History of Economic Thought
Pages: 678-680
Issue: 4
Volume: 30
Year: 2023
Month: 7
X-DOI: 10.1080/09672567.2023.2181133
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2181133
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# input file: REJH_A_2226396_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Luigino Bruni
Author-X-Name-First: Luigino
Author-X-Name-Last: Bruni
Author-Name: Paolo Santori
Author-X-Name-First: Paolo
Author-X-Name-Last: Santori
Title: The theological stems of modern economic ideas: John Duns Scotus
Abstract: 
 Voluntarism is a medieval theological doctrine that argues that God’s will takes precedence over God’s intellect and explores the consequences on the relation between Creation and the Creator. We show that Duns Scotus’s theological voluntarism had an important impact on his economic teachings. Moreover, we suggest that it opened an ontological path that fostered the theorisation of modern economic ideas. Voluntarism undermined the Aristotelian-Thomistic virtue ethics framework and the medieval mistrust of self-interest and commerce typical of voluntarism contrary, i.e., intellectualism. For voluntarist Duns Scotus, human being can promote unintentionally the common good, whereas intellectualism holds intentionality as its pillar.
Journal: The European Journal of the History of Economic Thought
Pages: 577-595
Issue: 4
Volume: 30
Year: 2023
Month: 7
X-DOI: 10.1080/09672567.2023.2226396
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2226396
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# input file: REJH_A_2225867_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Pavlo Blavatskyy
Author-X-Name-First: Pavlo
Author-X-Name-Last: Blavatskyy
Title: Backward induction and expected value calculations in an anonymous XVth century Italian manuscript
Abstract: 
 Blaise Pascal famously calculated the expected value of a risky lottery in the 1654 correspondence with Pierre de Fermat in the context of the so-called points problem. Pascal solved this problem by backward induction, whereas Fermat—by counting combinations. This paper analyzes a more complex version of the points problem from an anonymous XVth century Italian manuscript stored in the Vatican Apostolic Library. In this manuscript, the problem of points is solved by backward induction in a similar way to Pascal’s train of thought. In this light, Pascal’s pioneering contribution may be not as novel as it is traditionally believed.
Journal: The European Journal of the History of Economic Thought
Pages: 596-605
Issue: 4
Volume: 30
Year: 2023
Month: 7
X-DOI: 10.1080/09672567.2023.2225867
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2225867
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Handle: RePEc:taf:eujhet:v:30:y:2023:i:4:p:596-605



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# input file: REJH_A_2228558_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Joanna Rostek
Author-X-Name-First: Joanna
Author-X-Name-Last: Rostek
Title: A Herstory of Economics,
Journal: The European Journal of the History of Economic Thought
Pages: 662-665
Issue: 4
Volume: 30
Year: 2023
Month: 7
X-DOI: 10.1080/09672567.2023.2228558
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2228558
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# input file: REJH_A_2181129_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Ghislain Deleplace
Author-X-Name-First: Ghislain
Author-X-Name-Last: Deleplace
Title: David Ricardo. An intellectual biography
Journal: The European Journal of the History of Economic Thought
Pages: 667-672
Issue: 4
Volume: 30
Year: 2023
Month: 7
X-DOI: 10.1080/09672567.2023.2181129
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2181129
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# input file: REJH_A_2181132_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Edith Kuiper
Author-X-Name-First: Edith
Author-X-Name-Last: Kuiper
Title: Gender and the dismal science. Women in the early years of the economics profession
Journal: The European Journal of the History of Economic Thought
Pages: 658-662
Issue: 4
Volume: 30
Year: 2023
Month: 7
X-DOI: 10.1080/09672567.2023.2181132
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2181132
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Handle: RePEc:taf:eujhet:v:30:y:2023:i:4:p:658-662

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# input file: REJH_A_2248309_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Ignacio Hauser
Author-X-Name-First: Ignacio
Author-X-Name-Last: Hauser
Title: Welfare, state, and values: the winding road of the normative approach to inequality measurement (1912–1970)
Abstract: 
 Embedded in the general history of income inequality measures, this paper seeks to understand the evolution of the normative approach to inequality measurement. To this end, it undertakes a joint consideration of selected works by Pigou, Dalton, Kolm, and Atkinson that have not previously been discussed in connection with each other. Noting that the normative approach to inequality measurement was neglected for almost five decades, the paper inquires into the reasons for this, proposing two explanations: first, that the normative approach was eclipsed by the pretensions to axiological neutrality supposedly proper to economic science; second, that there was a drift towards statistics in the study of personal income distribution, where the measurement of inequality became established as a central axis. Finally, the paper discusses the different factors that contributed to the rebirth of the normative approach and highlights the ways in which the new contributions manifest an awareness of previous discussions of values in economics.
Journal: The European Journal of the History of Economic Thought
Pages: 832-859
Issue: 5
Volume: 30
Year: 2023
Month: 9
X-DOI: 10.1080/09672567.2023.2248309
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2248309
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# input file: REJH_A_2248313_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Robert W. Dimand
Author-X-Name-First: Robert W.
Author-X-Name-Last: Dimand
Title: The emergence of social choice at the Cowles Commission, 1948–1952: Arrow’s Social Choice and Individual Values in context
Abstract: 
 Kenneth Arrow’s Social Choice and Individual Values (Cowles Monograph No. 12, 1951), a work that established the field of social choice and set the limits for what public economic theory could hope to achieve, was formulated at the Cowles Commission at the University of Chicago from 1947 to 1949 (and during the summer of 1948 at the RAND Corporation) in a context in which concern with using economic theory to guide the economy was intense. During the period just before he shared in developing the Arrow-Debreu-McKenzie proof of existence of general equilibrium, Arrow moved through a series of papers to prove the non-existence of a social welfare function. The context of Arrow’s non-existence proof for aggregation of individual preferences into social welfare function and to Arrow’s shift from trying to prove a possibility theorem for social welfare to proving an impossibility theorem has been confused by a reprinted and influential reminiscence in which Arrow mis-remembered when he had spent a summer at RAND and when he had presented his impossibility theorem to the Econometric Society.
Journal: The European Journal of the History of Economic Thought
Pages: 791-811
Issue: 5
Volume: 30
Year: 2023
Month: 9
X-DOI: 10.1080/09672567.2023.2248313
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2248313
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# input file: REJH_A_2248314_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Herrade Igersheim
Author-X-Name-First: Herrade
Author-X-Name-Last: Igersheim
Title: Samuelson against “Rawls’s gratuitism”: some lessons on the misunderstandings between Rawls and the economists
Abstract: 
 Soon after the publication of A Theory of Justice, Rawls found himself swept up in the huge wave of enthusiasm his work had elicited from economists, while also having to respond to major critiques. Among the latter we find a largely unknown piece by Samuelson, a giant in the world of economics, devoted to a central question of Rawls’s framework, namely the maximin, which he supplemented with several virulent letters strongly attacking Rawls’s notions of justice or fairness. A few years later, in a paper written in response to Arrow’s 1985 Tanner Lectures, Samuelson would dedicate a section to “Rawls’s Gratuitism,” caustically remarking that “if something true by definition is a ‘truism,’ then we may perhaps call something gratuitous a ‘gratuitism’.” Focusing on the dialogue between Rawls and Samuelson after A Theory of Justice, paying special attention to their correspondence, the paper aims to shed light on the reasons for Samuelson’s furore against Rawls’s maximin, and to draw some lessons concerning the complex dialogue between Rawls and the economists, both as regards the attitude of the economists towards Rawls and as regards Rawls’s position towards economists and the economy.
Journal: The European Journal of the History of Economic Thought
Pages: 883-905
Issue: 5
Volume: 30
Year: 2023
Month: 9
X-DOI: 10.1080/09672567.2023.2248314
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2248314
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# input file: REJH_A_2248319_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Maxime Desmarais-Tremblay
Author-X-Name-First: Maxime
Author-X-Name-Last: Desmarais-Tremblay
Author-Name: Marianne Johnson
Author-X-Name-First: Marianne
Author-X-Name-Last: Johnson
Author-Name: Richard Sturn
Author-X-Name-First: Richard
Author-X-Name-Last: Sturn
Title: Mapping the history of public economics in the twentieth century: an introduction to the special issue
Abstract: 
 The papers in this issue deal with the transformation from public finance to public economics at a theoretical and philosophical level in the mid-twentieth century. Our introduction situates these papers within their intellectual context. To do so, we provide a broad outline of the trajectory of the field beginning with the transformation of welfare economics. Acknowledging the structuring role of Richard Musgrave and James Buchanan for the field, the papers highlight the key role also played by Paul Samuelson in the transition to public economics. Moreover, they underscore how ethical issues were formalised into normative economics at this critical juncture.
Journal: The European Journal of the History of Economic Thought
Pages: 689-712
Issue: 5
Volume: 30
Year: 2023
Month: 9
X-DOI: 10.1080/09672567.2023.2248319
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2248319
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Handle: RePEc:taf:eujhet:v:30:y:2023:i:5:p:689-712



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# input file: REJH_A_2248315_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Raphaël Fèvre
Author-X-Name-First: Raphaël
Author-X-Name-Last: Fèvre
Author-Name: Thomas M. Mueller
Author-X-Name-First: Thomas M.
Author-X-Name-Last: Mueller
Title: The emerging discipline of public economics in postwar France
Abstract: 
 After the Second World War, optimal pricing in the public sector became an important topic internationally. The welfare enhancing properties of marginal pricing were a key concern, yet, the technical computation of marginal costs also proved difficult. It was unclear how to compute marginal costs, mainly in view of the discontinuities of the cost function. In the context of post-war reconstruction and of practically implementing a marginal pricing policy, this technical debate was closely linked in France to the “Calais traveller paradox” and the emergence of a new generation of engineer-economists contributing at the same time to the theoretical debate and to the practical implementation of marginal cost pricing. Maurice Allais and Marcel Boiteux, as well as Gabriel Dessus and Roger Hutter contributed to developing national solutions that also spread theoretical thinking internationally. This debate connects with the history of economic calculus and the rise of public economics, as well as the possibility of computing optimal welfare enhancing prices in the face of market failures.
Journal: The European Journal of the History of Economic Thought
Pages: 739-763
Issue: 5
Volume: 30
Year: 2023
Month: 9
X-DOI: 10.1080/09672567.2023.2248315
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2248315
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# input file: REJH_A_2248316_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Benoît Walraevens
Author-X-Name-First: Benoît
Author-X-Name-Last: Walraevens
Title: Rawls’s maximin and optimal taxation theory
Abstract: 
 The paper analyses the import and appropriation of Rawls’s theory of justice into the emerging field of optimal taxation theory in the 1970s. It focuses first on the pioneer contributions of Atkinson and Phelps to integrate Rawls’s maximin into optimal taxation models, and then on their numerous followers during this decade. It shows that the maximin criterion was quickly accepted and appropriated in optimal taxation theory using “Rawlsian” Social Welfare Functions, which are founded on a welfarist interpretation of the maximin, unfaithful to Rawls. I try to explain why public economists made this choice, insisting on issues of simplicity, tractability, and comparisons with other ethical criteria.
Journal: The European Journal of the History of Economic Thought
Pages: 860-882
Issue: 5
Volume: 30
Year: 2023
Month: 9
X-DOI: 10.1080/09672567.2023.2248316
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2248316
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# input file: REJH_A_2248321_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Danielle Guizzo
Author-X-Name-First: Danielle
Author-X-Name-Last: Guizzo
Author-Name: Carles Paré-Ogg
Author-X-Name-First: Carles
Author-X-Name-Last: Paré-Ogg
Title: Economics with(out) ethics? An interdisciplinary encounter between public economists and John Rawls in the 1970s
Abstract: 
 This article analyses selected interdisciplinary exchanges between analytical political philosophy and public economics in the United States during the 1970s. It focuses on three core themes in which public economists interpreted, discussed, and incorporated concepts from John Rawls’s A Theory of Justice (1971), namely: (1) the limits and uses of utilitarianism as a useful framework for capturing social welfare; (2) the ethics of promoting justice and fairness; and (3) how to promote redistribution through taxation. An exploration of published and unpublished sources (personal correspondence, articles, and books) following the publication of Rawls’s magnum opus reveals an intense engagement from public economists with key Rawlsian concepts in the 1970s, in particular the “maximin.” Whilst such exchange offered important thematic inspiration for making the field more ethically driven and engaged with justice-related issues, generating policy discussions on promoting redistribution through optimal taxation, their exchange remained within the economist’s formal toolbox and way of reasoning. Political philosophy made public economics to become ethical without challenging the core epistemic-methodological foundations of economic reasoning.
Journal: The European Journal of the History of Economic Thought
Pages: 906-933
Issue: 5
Volume: 30
Year: 2023
Month: 9
X-DOI: 10.1080/09672567.2023.2248321
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2248321
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# input file: REJH_A_2248322_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: David C. Coker
Author-X-Name-First: David C.
Author-X-Name-Last: Coker
Author-Name: Alain Marciano
Author-X-Name-First: Alain
Author-X-Name-Last: Marciano
Title: Samuelson’s social welfare function and Buchanan’s critique: the struggle with normative science
Abstract: 
 A history of the transformation of public finance into public economics necessarily involves an understanding of the tension between positive and normative statements, that is a history of how public economists dealt with Robbins’s requirements that economists should not make normative statements. In this paper, we propose to contribute to this history by discussing and comparing the works of two major economists of the 20th century, Paul Samuelson and James Buchanan. We show that they both use the same strategy to deal with the positive/normative tension: they adopt a reduced scale of analysis to escape normative judgements – the family for Samuelson and small groups (clubs) for Buchanan. What they do manage at this level is to create examples or models which remove that normative response from the theorist, and ascribe it to the participants. The normative views of the theorist are not involved. Yet, when one shifts back to a larger scale, the positive element of the analysis is less clear, at least in Samuelson’s work.
Journal: The European Journal of the History of Economic Thought
Pages: 812-831
Issue: 5
Volume: 30
Year: 2023
Month: 9
X-DOI: 10.1080/09672567.2023.2248322
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2248322
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# input file: REJH_A_2248323_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Maxime Desmarais-Tremblay
Author-X-Name-First: Maxime
Author-X-Name-Last: Desmarais-Tremblay
Author-Name: Marianne Johnson
Author-X-Name-First: Marianne
Author-X-Name-Last: Johnson
Author-Name: Richard Sturn
Author-X-Name-First: Richard
Author-X-Name-Last: Sturn
Title: From public finance to public economics
Abstract: 
 The emergence of the expression of ‘public economics’ marked an epistemological rupture in the economic discourse about the state. The local problems and national intellectual traditions that had shaped the centuries-old field of public finance were cast aside in favour of new problems and new methods. From the 1970s onward, public economics became an integrated international field defined by a methodological approach embodied in general equilibrium. Mathematics and optimisation changed the nature of the questions considered. After briefly outlining the historic constitution of the field of public finance and how it was transformed in the middle of the twentieth century, we explain how a new economic theory of public expenditures emerged with one foot in the old public finance and one foot in the new public economics. We then hint at how the integration of risk into economic theory unexpectedly transformed the way economists conceptualised the public sector. Last, we consider how the maximisation of social welfare functions exhibiting a trade-off between equity and efficiency replaced principles of taxation.
Journal: The European Journal of the History of Economic Thought
Pages: 934-964
Issue: 5
Volume: 30
Year: 2023
Month: 9
X-DOI: 10.1080/09672567.2023.2248323
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2248323
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# input file: REJH_A_2249295_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Paolo Silvestri
Author-X-Name-First: Paolo
Author-X-Name-Last: Silvestri
Title: Luigi Einaudi’s ‘Scienza delle Finanze’ or the science of good government
Abstract: 
 This paper rediscovers the meaning and relevance of Luigi Einaudi’s Scienza delle Finanze, which still aspired to a reflection on man and good polity. It reconstructs some key moments in Einaudi’s thought: the vision of the fiscal process, the legal-political speculation, the last reflections aimed at going beyond both the Italian Tradition in Public Finance and Wicksell’s scheme, up to the synthesis elaborated in the critical point theory. Einaudi shows why the fiscal process is at the heart of horizontal/vertical reciprocities and vicious/virtuous circles between society and state, and why a good polity needs free and morally responsible people.
Journal: The European Journal of the History of Economic Thought
Pages: 764-790
Issue: 5
Volume: 30
Year: 2023
Month: 9
X-DOI: 10.1080/09672567.2023.2249295
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2249295
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# input file: REJH_A_2248320_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20230119T200553 git hash: 724830af20
Author-Name: Steven G. Medema
Author-X-Name-First: Steven G.
Author-X-Name-Last: Medema
Title: Theorising public expenditures: welfare theorems, market failures, and the turn from “public finance” to “public economics”
Abstract: 
 Public expenditure theory is a late-comer to the field of public finance, despite laments over the lack of such a theory dating to the late 1800s. This paper documents and attempts to explain this transformation, locating its origins in Richard Musgrave’s normative theory of the public household and the adoption by subsequent thinkers of new developments in welfare theory, which was seen to offer a theoretically sophisticated a vision of the state’s role as a response to the problem of market failure.
Journal: The European Journal of the History of Economic Thought
Pages: 713-738
Issue: 5
Volume: 30
Year: 2023
Month: 9
X-DOI: 10.1080/09672567.2023.2248320
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2248320
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# input file: REJH_A_2265518_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20240209T083504 git hash: db97ba8e3a
Author-Name: Emma Rothschild
Author-X-Name-First: Emma
Author-X-Name-Last: Rothschild
Title: Wartime in the history of economic thought: episodes in European history
Abstract: 
 The paper is concerned with war in the history of economic thought. It looks at disputes about abstraction versus historicism over the long 19th century, in relation to war and the state. It then looks at the historical setting in which Léon Walras and others developed their ideas of political economy. It concludes with reflections on the presence or absence of the state in modern economic history.
Journal: The European Journal of the History of Economic Thought
Pages: 1003-1015
Issue: 6
Volume: 30
Year: 2023
Month: 11
X-DOI: 10.1080/09672567.2023.2265518
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2265518
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# input file: REJH_A_2239969_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20240209T083504 git hash: db97ba8e3a
Author-Name: Rebeca Gomez Betancourt
Author-X-Name-First: Rebeca
Author-X-Name-Last: Gomez Betancourt
Author-Name: Giulia Zacchia
Author-X-Name-First: Giulia
Author-X-Name-Last: Zacchia
Title: Hidden female figures in the organisation for European economic co-operation, and the reconstruction of Europe after WWII
Abstract: 
 The study of female economists during the post-World War II reconstruction of Western Europe is as yet unresearched. A small but substantial collection of publications discusses the role of male economists within the European institutions created after World War II. However, none of them analyzes contributions made by female economists. This paper aims to shed some light on female economists who participated in the reconstruction of Europe through their work in the Organisation for European Economic Co-operation (OEEC), which was created by the Marshall Plan following the Conference of Sixteen (Conference for European Economic Co-operation). Firstly, we searched for names of female economists who served the institution, hoping that some relevant hidden female figures in the OEEC would resurface. Secondly, through oral history archives and personal documents, we reconstructed the biographies of three female economists who contributed, in different ways, to the activities of the OEEC: Miriam Camp, Florence Kirlin, and Vera Cao Pinna. By comparing these three figures, in terms of their educational and social backgrounds, their narrative, as well as their connections with international networks of experts, we defined their similarities and differences in order to identify the main characteristics that allowed them, even if at different levels and with different roles, to participate in international diplomacy and technical support deployed in the construction and diffusion of the idea of the peaceful, united, and prosperous Europe which we live in today. Tracing back the presence of women in OEEC, this article aims to bring some light on: what did being a woman economist entails in the after WWII in the newborn European institutions and what did it mean in terms of the kind of work and experience a woman could be doing within the process of professionalisation of the economics discipline in the international organisations. We are interested in describing the experiences and self-perceptions of women economists working in male dominated international institutions. Female international thinkers and experts, well known in their own time, were largely overlooked and neglected by scholars, politics, and international history later.
Journal: The European Journal of the History of Economic Thought
Pages: 1170-1191
Issue: 6
Volume: 30
Year: 2023
Month: 11
X-DOI: 10.1080/09672567.2023.2239969
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2239969
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# input file: REJH_A_2225865_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20240209T083504 git hash: db97ba8e3a
Author-Name: André Lapidus
Author-X-Name-First: André
Author-X-Name-Last: Lapidus
Title: Hugo Grotius on Usury: Acknowledging the End of the Scholastic Argument
Abstract: 
 This paper explores the way the Scholastic argument against usury, which culminated in the 13th century with Thomas Aquinas’s question on interest loans in the Summa Theologiae, found an end with Hugo Grotius’s introduction of economic issues, in De Jure Belli ac Pacis (1625). Whereas Grotius inherited at least part of his predecessors’ repugnance of interest lending, he found in his questioning of categories from Roman law the source of both a criticism of the main features of the Scholastic argument and an alternative analysis of interest loans in which the income received by the lender is explained and legitimate.
Journal: The European Journal of the History of Economic Thought
Pages: 1031-1049
Issue: 6
Volume: 30
Year: 2023
Month: 11
X-DOI: 10.1080/09672567.2023.2225865
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2225865
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# input file: REJH_A_2202921_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20240209T083504 git hash: db97ba8e3a
Author-Name: Sheila Dow
Author-X-Name-First: Sheila
Author-X-Name-Last: Dow
Title: David Hume on history, development and happiness: interconnections
Abstract: 
 The purpose of this paper is to explore the interconnections between Hume’s thought as a philosopher, a historian and an economist, illustrated with respect to his thought on history, development and happiness. It is argued that differences in the interpretation of Hume have an epistemological origin, reflecting either a closed-system approach or some kind of open-system approach. These differences are explored in relation to Hume’s own epistemology, historiography, theory of economic development and theory of happiness. Patterns are identified in Hume’s thought which support a particular, open-system, interpretation of his contributions in each area in terms of interdependent processes.
Journal: The European Journal of the History of Economic Thought
Pages: 1016-1030
Issue: 6
Volume: 30
Year: 2023
Month: 11
X-DOI: 10.1080/09672567.2023.2202921
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2202921
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# input file: REJH_A_2239967_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20240209T083504 git hash: db97ba8e3a
Author-Name: Juliette Blayac
Author-X-Name-First: Juliette
Author-X-Name-Last: Blayac
Title: Jessica Peixotto, a home economist not thrilled by the thrift culture
Abstract: 
 The values of thrift have shaped the cultural and economic history of the United States. This morality advocates the practice of industry, frugality, self-sacrifice, and the accumulation of savings as a means of enriching the individual and society. From the 19th century to the early 20th century, American political economists preached these virtues. Jessica Peixotto (1864-1941), the first woman professor of economics at Berkeley, conducted a study of the cost of living of a group of university professors in 1927. She considered them an extremely thrifty but relatively poor social group. The purpose of this article is to explain this contradiction put forward by Peixotto. I examine how, in the early 20th century, the thrift culture took a practical turn with the Home Economics movement founded by Ellen H. Richards to educate women. Peixotto’s study shows that professors’ wives apply the precepts of thrift very well, making exemplary management of household resources. Thus, the problem lies in the low level of faculty salary. I argue that Peixotto shows an original point of view, linking thrift to poverty and thinking about the consequences of a thrifty ethos on the negotiation skills of university professors.
Journal: The European Journal of the History of Economic Thought
Pages: 1150-1169
Issue: 6
Volume: 30
Year: 2023
Month: 11
X-DOI: 10.1080/09672567.2023.2239967
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2239967
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# input file: REJH_A_2239966_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20240209T083504 git hash: db97ba8e3a
Author-Name: Caroline Oudin-Bastide
Author-X-Name-First: Caroline
Author-X-Name-Last: Oudin-Bastide
Author-Name: Philippe Steiner
Author-X-Name-First: Philippe
Author-X-Name-Last: Steiner
Title: Calculation and moral economies during French debate on the abolition of slavery
Abstract: 
 The paper starts with a brief presentation of some key points stressing the central role attributed to calculation and the moral content of this epistemological device during the French debate on the abolition of slavery (§1), before explaining how the first calculations were done (§2). The following section shows that these calculations were still in use during the short period—from June 1848 to November 1849—when the time came to determine the precise amount to be given as compensation to the colonists after the loss of their property rights in enslaved people. Accordingly, the nature of property rights in the industrial society were at stake, either from the point of view of socialists thinkers or from the abolition process under the aegis of the government (§3).
Journal: The European Journal of the History of Economic Thought
Pages: 985-1002
Issue: 6
Volume: 30
Year: 2023
Month: 11
X-DOI: 10.1080/09672567.2023.2239966
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# input file: REJH_A_2225866_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20240209T083504 git hash: db97ba8e3a
Author-Name: Vladimir Avtonomov
Author-X-Name-First: Vladimir
Author-X-Name-Last: Avtonomov
Title: Some patterns of the transfer of economic ideas between Russia and the West
Abstract: 
 There is a certain pattern existent in the interrelations of Western and Russian economic thought. It consists of import of Western ideas, their modification under the influence of specific Russian factors, and following influence of modified theories on the Western thought. Among such factors are the special emphasis on social questions and moral norms, the emphasis on spiritual, non-material world, the importance of the peasant question, the great influence of Marxism, a marked mathematical and statistical inclinations of Russian economist and the unique experience of building a centrally planned economy.
Journal: The European Journal of the History of Economic Thought
Pages: 968-984
Issue: 6
Volume: 30
Year: 2023
Month: 11
X-DOI: 10.1080/09672567.2023.2225866
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2225866
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# input file: REJH_A_2225863_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20240209T083504 git hash: db97ba8e3a
Author-Name: Michele Bee
Author-X-Name-First: Michele
Author-X-Name-Last: Bee
Author-Name: Ivan Sternick
Author-X-Name-First: Ivan
Author-X-Name-Last: Sternick
Title: No need for society: Adam Smith’s critique of Pufendorf’s summa imbecillitas
Abstract: 
 Adam Smith saw in Pufendorf the idea of a sociability prior to government, arising from a perception of the advantages of cooperation in overcoming the alleged natural inability of human beings to provide for their needs. The idea of a principle of sociability independent of government was crucial to Smith, who also addressed since the beginning of the Wealth of Nations the advantages of cooperation. However, as this article intends to show, for him sociability did not arise from the need for the assistance of others, as it is often said, but from the desire for deserved esteem.
Journal: The European Journal of the History of Economic Thought
Pages: 1076-1092
Issue: 6
Volume: 30
Year: 2023
Month: 11
X-DOI: 10.1080/09672567.2023.2225863
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2225863
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# input file: REJH_A_2225864_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20240209T083504 git hash: db97ba8e3a
Author-Name: Giacomo Gabbuti
Author-X-Name-First: Giacomo
Author-X-Name-Last: Gabbuti
Title: “Non-competing social groups”? The long debate on social mobility in Italy (c. 1890–1960)
Abstract: 
 In the light of the recent literature on the intellectual history of inequality, this paper offers the first survey and a tentative classification of the Italian literature addressing issues related to social mobility, from the late 19th century to the “Economic Miracle” of the 1950s. During these decades, the foremost Italian economists and statisticians (among others, Pareto, Gini, Einaudi and Pantaleoni) worked on issues highly related to the modern understanding of social mobility, from the role of inheritance to the intergenerational transmission of status. While reflecting the evolution and debates in Italian society, these authors also participated in a broader international debate, which should lead us to reconsider the supposed lack of interest in inequality among the economists of this period.
Journal: The European Journal of the History of Economic Thought
Pages: 1124-1149
Issue: 6
Volume: 30
Year: 2023
Month: 11
X-DOI: 10.1080/09672567.2023.2225864
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# input file: REJH_A_2226395_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20240209T083504 git hash: db97ba8e3a
Author-Name: Richard van den Berg
Author-X-Name-First: Richard
Author-X-Name-Last: van den Berg
Title: Turgot’s missing manuscripts – partially recovered
Abstract: 
 Since 2015 it has become clear that various manuscripts that once belonged to the Turgot family archive are missing. This paper reports on the recent recovery in Japan of photographs of some of these manuscripts and presents a case study of the images of the famous draft known as Valeurs et monnaies. It allows one to appreciate the practices of previous editors of Turgot’s writings as well as the writing process of the author.
Journal: The European Journal of the History of Economic Thought
Pages: 1050-1075
Issue: 6
Volume: 30
Year: 2023
Month: 11
X-DOI: 10.1080/09672567.2023.2226395
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2226395
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# input file: REJH_A_2256134_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20240209T083504 git hash: db97ba8e3a
Author-Name: Mauro Boianovsky
Author-X-Name-First: Mauro
Author-X-Name-Last: Boianovsky
Author-Name: Germán Feldman
Author-X-Name-First: Germán
Author-X-Name-Last: Feldman
Author-Name: Ivo Maes
Author-X-Name-First: Ivo
Author-X-Name-Last: Maes
Author-Name: Bertram Schefold (Chair)
Author-X-Name-First: Bertram
Author-X-Name-Last: Schefold (Chair)
Author-Name: Carl Christian von Weizsäcker
Author-X-Name-First: Carl Christian von
Author-X-Name-Last: Weizsäcker
Author-Name: Bertram Schefold
Author-X-Name-First: Bertram
Author-X-Name-Last: Schefold
Author-Name: Carl Christian von Weizsäcker
Author-X-Name-First: Carl Christian von
Author-X-Name-Last: Weizsäcker
Author-Name: Ivo Maes
Author-X-Name-First: Ivo
Author-X-Name-Last: Maes
Author-Name: Mauro Boianovsky
Author-X-Name-First: Mauro
Author-X-Name-Last: Boianovsky
Author-Name: Germán David Feldman
Author-X-Name-First: Germán David
Author-X-Name-Last: Feldman
Title: Applications of lessons from the history of economic thought to actual policy problems
Abstract: 
 The roundtable, convened to celebrate the 25th ESHET conference, asked how the history of economic thought can become relevant for actual economic policy. Schefold begins with methodological remarks and illustrates the general theme by showing how the policies of ordoliberalism involve a dialogue between postulates formulated in the past and revaluations made necessary by new conditions. Von Weizsäcker proposes an economic policy based on a new Hicksian reconstruction and extension of Böhm-Bawerks theory. Maes shows how modern central banks do historical research which may induce them to take some distance from ongoing research and to avoid a “this time is different” view. Boianovsky provides highlights of the history of development economics and its policy implications. Feldman uses history of economic thought to find solutions for recurrent balance-of-payments crises affecting peripheral economies.
Journal: The European Journal of the History of Economic Thought
Pages: 1192-1228
Issue: 6
Volume: 30
Year: 2023
Month: 11
X-DOI: 10.1080/09672567.2023.2256134
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2256134
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# input file: REJH_A_2292804_J.xml processed with: repec_from_jats12.xsl darts-xml-transformations-20240209T083504 git hash: db97ba8e3a
Author-Name: Hagen M. Krämer
Author-X-Name-First: Hagen M.
Author-X-Name-Last: Krämer
Title: What are services? Misconceptions and neglected insights from the productivity controversy in the classical period
Abstract: 
 This article aims to explore how the productivity controversy of the classical period, in which Adam Smith’s concept of productive and unproductive labor was debated, has influenced the general view of services. It provides important insights into the specific characteristics of services that have emerged in this debate and that can be used for further developing a theory of services. It shows that certain innovative concepts previously proposed by authors like Heinrich von Storch, William Nassau Senior, and Friedrich List deserve to be rediscovered for a modern analysis of services.
Journal: The European Journal of the History of Economic Thought
Pages: 1093-1123
Issue: 6
Volume: 30
Year: 2023
Month: 11
X-DOI: 10.1080/09672567.2023.2292804
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2292804
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Handle: RePEc:taf:eujhet:v:30:y:2023:i:6:p:1093-1123



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Author-Name: Katia Caldari
Author-X-Name-First: Katia
Author-X-Name-Last: Caldari
Author-Name: Gianfranco Tusset
Author-X-Name-First: Gianfranco
Author-X-Name-Last: Tusset
Author-Name: Hans-Michael Trautwein
Author-X-Name-First: Hans-Michael
Author-X-Name-Last: Trautwein
Title: European Journal of the History of Economic Thought vol. 30, issue 6 (December 2023)
Journal: The European Journal of the History of Economic Thought
Pages: 965-967
Issue: 6
Volume: 30
Year: 2023
Month: 11
X-DOI: 10.1080/09672567.2023.2271230
File-URL: http://hdl.handle.net/10.1080/09672567.2023.2271230
File-Format: text/html
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Handle: RePEc:taf:eujhet:v:30:y:2023:i:6:p:965-967