A Companion to the History of Economic Thought - Chapter 35 pot
A Companion to the History of Economic Thought - Chapter 35 pot
... deceased. The newmaterial will also have the advantage of being (a) machine readable and search-able and (b) having supporting supplementary biographical information avail-able in a standardized ... pro-ceeded to his examples from Walras. All of these related either to the genesis of particular Walrasian ideas in the work of Louis Poinsot, Achille-Nicolas Isnard,Paul Picard, and Herman Amstein, ... Exactly what difference that made to the use of bio-graphical material in the history of economics was not elaborated on.Breit proceeded to provide an illustration of how biographical material...
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A Companion to the History of Economic Thought - Chapter 1 pot
... Waterman, deal with the basichistoriographic issues that have generated and are revealed by the many researchstyles found in the literature of the history of economic thought. Research in the ... Historians have followed the ideas of economists as they passed into and through the hands of – and were often trans-formed by – popularizers, intellectuals-at-large, literary figures, and others ... answer, paraphrasing JacobViner’s answer to the question “What is economics?,” that the history of thought is “what historians of economic thought do.” One purpose of this Companion is to acquaint...
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A Companion to the History of Economic Thought - Chapter 12 pot
... – to restrain inflation. Economic planning was to apply also to international trade and capital movements. To a very large extent, the Alternative Economic Strategy represented a restatement and ... 1985. Some of hisadvisers advocated decentralization and democratization of decision-making thatwent at least as far as anything that had been achieved in Hungary (Aganbegyan,1988). The Soviet ... perspective. Jaroslav Vanek’s brother Jan, for example, refused to beconfined to a neoclassical straitjacket in his appraisal of the benefits from self-management, rejecting the single-maximand approach...
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A Companion to the History of Economic Thought - Chapter 14 potx
... 326). That Marshall was an inveterate collector of “facts” was ignored by Cunningham, as were the early chapters of Marshall’sPrinciples, devoted as they were to a historical account of economic ... Polit-ical Economy was the convenient stopgap. (Ashley, 1888, p. 10)But at Harvard Ashley now spoke of the work of Ingram and Leslie as belong-ing to the past, that they shared a great deal ... accompanied it – Smith’s Wealth of Nations was therefore linked to the impact of the steam engine, rejecting Carlyle’s call for a halt to the onward march of industrialization and suggesting that the...
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A Companion to the History of Economic Thought - Chapter 19 potx
... both by the Chicago school, which reinstated a free-market approach both to micro- and macro-issues and, surprisingly, alsoas a result of the lukewarm acceptance of the mark-up pricing approach ... he argued that the behavioral descriptionsimplied in that hypothesis were at variance with the known facts. The particular theory under attack was the Marshallian–Pigouvian representa-tion of ... approachrather than a reason to discard it. Perfect competition was shown to be a specialcase, rather than the general case prevailing in actual markets, when supply anddemand curves have a particular...
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A Companion to the History of Economic Thought - Chapter 33 potx
... putatively scalar, aggregative magnitudes. Anotherexplanation that locates the problem in the historian rather than in the data sees the motive for mathematical exegesis as a desire to confirm and ... account of the same dead economist as “one of the authors of the Marx–von Neumann model” deserving to be “ranked as high as Walras in the history of mathematical economics” (Morishima, 1973, pp. 3 and ... 1993); and an ambitious “vindication” by Samuelson(1977) of Smith’s value-added analysis of the natural price as against Marx’scriticism.Although MM of classical and pre-classical authors has...
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A Companion to the History of Economic Thought - Chapter 38 pot
... defined as anypart of the spectrum of learning that can be mathematically formulated. Hence,just as the queen is the mother of all of the bees in a hive, so mathematicsbecomes the “Queen of the ... another Aristotelean thought, namely Aristotle’s distinction between whatis “just-by-law” and what is “just-by-nature.” The latter (“Natural Law”) wastaken to be the manifestations of God through ... fortuitously had a capacity to reason imaginatively. Con-sidering his situation, man realized the advantages of making agreements withother men. One was Social Contract; and, that established, the...
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A Companion to the History of Economic Thought - Chapter 2 ppt
... Platonic absolutism was shaken to the core.It was partially salvaged by Eudoxus’ importation from Chaldea of a dialecticalapproach to irrationals that became a mathematical image for judicial, ... into a near-mystical formulation of ideal models. This view of a rational perfectible administration is elaboratedbelow in the discussion of analysis. The Platonic theory of the “Ideas,” clearlyexpounded ... monetary theory that shows an amazing macroeco-nomic grasp is Plutarch’s biography of Lycurgus, the legendary Spartan lawgiverANCIENT AND MEDIEVAL ECONOMICS 11 CHAPTER TWOAncient andMedieval EconomicsS....
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A Companion to the History of Economic Thought - Chapter 3 pptx
... translated into the Arabiclanguage.In spite of the significance of the 1964 path-breaking article by Spengler, the real challenge to the Schumpeterian Great Gap thesis came about as a result of ... Arab-Islamic inappropriate. Writing in Arabic, the language of theology, the Prophet and the Caliphs until the Ottoman days, and the medieval international language of Muslims from Spain to the Far ... Persian translation by Sajadi. Teheran,Iran: Zuhuri.Ghazali, Abu Hamed undated: Ihya-al-Ulum al-Din (Revival of the Religious Sciences), 4 vols.Beirut, Lebanon: Dar al Nadwaa.—— 1927: Kitab Tahafut...
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A Companion to the History of Economic Thought - Chapter 4 ppsx
... ideas. As we haveseen, many of them were preoccupied with the importance of trade and paymentbalances, defined either as a positive balance of trade theory or as a positivebalance of labor theory. ... “national economist” was the American Alexander Hamilton, the first financeminister of the USA. At the American Congress in 1790, he presented a “Reporton Manufactures.” Hamilton was familiar ... modernization and growth. Although the balance of tradetheory was perhaps an analytic blind shot, it was rational in a more general andhistorical sense, as it emphasized the pivotal role of protectionism...
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