Showing 1 - 10 of 125
This paper addresses the intellectual relationship between Max Weber and three key proponents of neoliberalism: F.A. Hayek, Walter Eucken and Wilhelm Röpke. This relationship is contextualized in the history of German-language political economy, focusing on the nexus and proximity between early...
Persistent link: https://www.econbiz.de/10011950298
This paper explores the four decades of intellectual relationship between the Austrian School economist Ludwig von Mises (1881-1973) and two major representatives of German ordoliberalism, Walter Eucken (1891-1950) and Wilhelm Röpke (1899-1966). The timespan covered starts in the early 1920s...
Persistent link: https://www.econbiz.de/10011609921
I argue that the outbreak of the Great War facilitated a shift in the dominant view of human nature within the Cambridge-Bloomsbury intelligentsia, steering it away from an optimistic view toward a pessimistic one. The conceptualization of human reason and rationality within this group, however,...
Persistent link: https://www.econbiz.de/10015135555
I examine John Maynard Keynes' struggle with the doctrine of the classical forced saving during the period 1924-1936 from when he worked on A Treatise on Money to the completion of his General Theory. The forced saving notion has been developed as a key mechanism of how monetary expansion...
Persistent link: https://www.econbiz.de/10011707330
Robert W. Clower's article "The Keynesian Counter - Revolution: A Theoretical Appraisal" (1965) deeply influenced the course of Keynesian macroeconomics by contributing to the transition from IS/LM macroeconomics to fix - price theories. Des pite this influence, no scholar proposed to explain...
Persistent link: https://www.econbiz.de/10011602774
This paper examines the relationship of the monetary economics of James Tobin to modern monetary theory, which has diverged in many ways from the directions taken by Tobin and his associates (for example, moving away from multi‐asset models of financial market equilibrium and from monetary...
Persistent link: https://www.econbiz.de/10011639321
In 2022, Cambridge University Press is publishing a 50th anniversary edition of Geoff Harcourt’s Some Cambridge Controversies in the Theory of Capital. There will be two afterwords, preceded with this introduction: You have before you CUP’s 50th anniversary edition of Geoff Harcourt’s Some...
Persistent link: https://www.econbiz.de/10012543913
The outbreak of the Great War facilitated a shift in the dominant view of human nature within the Bloomsbury-Cambridge intelligentsia, steering it away from an optimistic view toward a pessimistic one. The conceptualization of human reason and rationality, however, remained intact by the war....
Persistent link: https://www.econbiz.de/10014515196
The paper offers a view of Geoff Harcourt’s – b. 1931 in Melbourne; d. 2021 in Sydney – life trajectory as an Australian economist educated and active in the Cambridge UK tradition. His main contributions – to the Cambridge capital debates, history of economic thought and post-Keynesian...
Persistent link: https://www.econbiz.de/10013207020
John Maynard Keynes's philosophical outlook evolved from the outbreak of the Great War in 1914 up until the publication of his A Treatise on Probability in 1921. The evolution of Keynes's philosophical perspectives was closely intertwined with the debates surrounding Cambridge rationalism within...
Persistent link: https://www.econbiz.de/10014419547