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In the development of the general equilibrium theories, Hicks and Allais played an essential role. We are studying here the contributions which were theirs respectively in Value and Capital (1939) and in the Traité d’économie pure (1943). The accent is put on three points: the theory of...
Persistent link: https://www.econbiz.de/10005341592
Cet article étudie la crise qui, en 1825, tacha l’économie anglaise et les travaux que John Stuart Mill, Thomas Tooke et John Ramsay McCulloch consacrèrent à son analyse. Alors que McCulloch s’appuyait, pour comprendre, la crise sur la tradition ricardienne, Mill et Tooke s’en...
Persistent link: https://www.econbiz.de/10005017974
Over the past two decades, numerous contributions to the history of economics have tried to assess Paul Samuelson’s political positioning by tracing it in the subsequent editions of his famous textbook Economics. This literature, however, has provided no consensus about the location of...
Persistent link: https://www.econbiz.de/10009320633
Say has shown that there is no amount of capital which may not be employed in a country. Such a proposal does not involve the absence of unemployment and crisis. The markets may be glutted. In his first writings, Say advanced that whenever there is a superabundance of several sorts of...
Persistent link: https://www.econbiz.de/10010789957
Dans le développement des théories de l’équilibre général, Hicks et Allais ont joué un rôle essentiel. On étudie ici les contributions qui furent les leurs respectivement dans Valeur et Capital (1939) et dans le Traité d’économie pure (1943). L’accent est mis sur trois points :...
Persistent link: https://www.econbiz.de/10010633154
Mill on the crisis of 1825 This article studies the crisis which, in 1825, affected the English economy and the works that John Stuart Mill, Thomas Tooke and John Ramsay McCulloch dedicated to its analysis. McCulloch and Tooke maintain that the organization of the English banking system played,...
Persistent link: https://www.econbiz.de/10010633159