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In this paper we first show that if a not-necessarily-self-financing portfolio has instantaneously riskless internal gains, then on an infinitesimal time-interval, the increase in the internal gains on the portfolio is the same as the change in the price of that amount of bonds which has the...
Persistent link: https://www.econbiz.de/10005134947
These are the page proofs of the interview of Franco Modigliani by William A. Barnett and Robert Solow. The interview was published in the journal, Macroeconomic Dynamics, in 2000. Since William Barnett is one of the two interviewers, he now is permitted, by Cambridge University Press, to make...
Persistent link: https://www.econbiz.de/10005125026
This is the front matter from a book of interviews to be published by Blackwell. The book is coedited by W. A. Barnett and P. A. Samuelson. The front matter includes the Table of Contents, Coeditor Preface by W. A. Barnett, Coeditor Foreword by Paul A. Samuelson, and History of Thought...
Persistent link: https://www.econbiz.de/10005126071
Dreamland is an economic idea for ideal society like Utopia of Moore but it is more applicable to the real world. A man, Boon, had visited a wonderful land and told us what he met in the ideal country. For example: no liquor, limitation of personal wealth, education without degree. If any...
Persistent link: https://www.econbiz.de/10005126091
Bruce Caldwell (2004) “Hayek’s Challenge” tells the story of the evolution of Hayek’s methodological standpoint. In Caldwell’s account, Hayek is driven by the desire to identify a truly scientific approach to the study of society as a complex adaptive order which at the same time will...
Persistent link: https://www.econbiz.de/10005412538
Giocoli (2003) won awards from ESHET and, in its original form as Giocoli’s PhD thesis, from HES. It lives up to its promise. According to Giocoli, in the period between the 1890s and the 1980s a transformation took place in the way that economists thought about what it was that they were...
Persistent link: https://www.econbiz.de/10005412549
Hebrew Bible offers alternative Economic utopia for building Theocratic society. In this paper, various economic concepts and themes are presented, as found in the Hebrew Bible. These economic concepts include taxation, property rights, labor market, social policy, banking, years of Sabbath and...
Persistent link: https://www.econbiz.de/10005561042
This paper consists of the page proofs of W. A. Barnett's interview of Paul A. Samuelson, to appear in print in the journal, Macroeconomic Dynamics, in September 2004. To our knowledge, this is the first and only interview of Paul A. Samuelson published in a professional economics journal. In...
Persistent link: https://www.econbiz.de/10005561048
Adam Smith (1776) is generally ignored as an international trade theorist in textbooks and surveys because of the common belief that he only confirmed the rule of absolute advantages to explain structure of foreign trade. On the other hand, many textbooks and surveys on growth theories simply...
Persistent link: https://www.econbiz.de/10005119326