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Complexities of core-periphery relation : an analysis of the late Raúl Prebisch
Bracarense, Natália - 2016
The work of Raúl Prebisch is typically summarized by two of his important contributions to development economics: the center-periphery paradigm together with his diagnosis of Latin America's development struggles. Recent investigations have, however, shed light on the nature of Prebisch's early...
Persistent link: https://www.econbiz.de/10011609907
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McCarthyism and the mathematization of economics
Weintraub, Eliot Roy - 2016 - Version: February 19, 2016
disciplines - e.g. mathematics, statistics, operations research, physics, engineering, cybernetics - during and immediately after …' desires to be safe, to seek the protective coloration of mathematics and statistics, during the McCarthy period. This paper …
Persistent link: https://www.econbiz.de/10011599879
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How mathematical economics became (simply) economics : the mathematical training of economists during the 1940s, 1950s, and 1960s in the United States
Orozco Espinel, Camila - 2020
Before the use of mathematics in economics was generalized, mathematical and nonmathematically trained economist lived … during the 1940s, 1950s, and 1960s, a watershed moment, this paper analyzes the entrance of mathematics into economists …, the entrance of mathematics to the economics curriculum, and the role of the Social Science Research Council in this …
Persistent link: https://www.econbiz.de/10012318587
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When the history of ideas meets theory : Arthur Lewis and the classical economists on development
Boianovsky, Mauro - 2017
Lewis argued that his 1954 model of economic development in a dual economy was based on the classical framework originally advanced by Smith, Malthus, Ricardo and Marx. The present paper provides a detailed investigation of how Lewis adopted and adapted classical concepts such as...
Persistent link: https://www.econbiz.de/10011694807
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Beyond capital fundamentalism : Harrod, Domar and the history of development economics
Boianovsky, Mauro - 2015 - Second draft (December 2015)
The origins of "capital fundamentalism' - the notion that physical capital accumulation is the primary determinant of economic growth - have been often ascribed to H arrod's and Domar's proposition that the rate of growth is the product of the saving rate and of the output-capital ratio. I t is...
Persistent link: https://www.econbiz.de/10011600579
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Reacting to Samuelson : early development economics and the factor-price equalization theorem
Boianovsky, Mauro - 2019
Paul Samuelson's famous 1948 "factor price equalization theorem" was his main contribution to international trade theory. He demonstrated conditions under which trade in goods only would lead to full equalization of the remuneration of productive factors across countries. In practice, general...
Persistent link: https://www.econbiz.de/10012026541
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Paul Rosenstein-Rodan and the birth of development economics
Alacevich, Michele - 2020
This paper, based on previously untapped archival sources, offers an assessment of the life and thought of Paul Rosenstein-Rodan, a pioneer of development economics and one of the first articulators of both the "Big Push" and "balanced growth" theories. In addition to documenting the early life...
Persistent link: https://www.econbiz.de/10012182415
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Voluminous, repetitive, and intractable : Samuelson on early development economics
Boianovsky, Mauro - 2020 - First draft, February 2020
In the late 1970s Paul Samuelson drafted the outline of a paper, never published, with a critical assessment of the theoretical innovations of postwar development economics. He found the subject essentially intractable. The present paper discusses how that assessment fits in Samuelson's...
Persistent link: https://www.econbiz.de/10012170942
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In the Kingdom of Solovia : the rise of growth economics at MIT, 1956-1970
Boianovsky, Mauro; Hoover, Kevin D. - 2013
From its flow tide, fueled by the Cold War, to its ebbing with the anti-growth movement and the economic crises of the early 1970s, the "growthmen" of MIT stood at the center of the dominant field in macroeconomics. The history of MIT growth economics is traced from Solow's seminal neoclassical...
Persistent link: https://www.econbiz.de/10011707791
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Losing equilibrium : on the existence of Abraham Wald's fixed-point proof of 1935
Düppe, Till; Weintraub, Eliot Roy - 2015
In fall 1935, Abraham Wald presented a fixed-point proof of a general equilibrium model to Karl Menger's Mathematical Colloquium in Vienna. Due to limited space, the paper could not be printed in the eighth proceedings of the Colloquium (the Ergebnisse) published in spring 1937 but was scheduled...
Persistent link: https://www.econbiz.de/10011602942