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This draft chapter for the Elgar International Handbook on Teaching and Learning Economics is intended to give advice … emphasis is on helping students understand economics - past and present - as historically produced knowledge. …
Persistent link: https://www.econbiz.de/10011603570
represented by Lawrence R. Klein, and the statistical economics program represented by Milton Friedman. I argue that the …
Persistent link: https://www.econbiz.de/10011609690
addresses the role of the man in shaping how we think about economics and its history, and in influencing new generations of …
Persistent link: https://www.econbiz.de/10012543913
history of their discipline. This paper traces the effects of positivism in economics, then argues that the history of … economics is a critical component of both the undergraduate teaching and the graduate training of economists, and that as such …, it should be reintroduced into the economics curriculum. It concludes by documenting some recent hopeful signs of change. …
Persistent link: https://www.econbiz.de/10011707985
This paper documents an early fork in the development of macroeconomics, by examining a debate between the Dutch economists Jan Tinbergen and Johan Koopmans. In a 1932 paper, Tinbergen argued that two firms could be stuck in a “bad” equilibrium in the absence of a coordinated action to...
Persistent link: https://www.econbiz.de/10014474723
his engagement with the work of the philosopher Hans Reichenbach, into his economics. His philosophical commitments are … clearly reflected in this empirical work on monetary economics, his monetarist analysis, and in his critical approach to …
Persistent link: https://www.econbiz.de/10011903527
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
course of modern monetary economics. On the one hand, it revealed the deadlocks of Don Patinkin's project to integrate … disequilibrium monetary theory. Fourth, such a project failed because of Clower's (1965) approach to disequilibrium economics. …
Persistent link: https://www.econbiz.de/10011609470
Through this paper I try to join the lively debate around mainstream economics with a view to calling attention to some …
Persistent link: https://www.econbiz.de/10011609829
Samuelson kept optimization-based problems separated from macroeconomic dynamics in his Foundations, where dynamics were defined in terms of difference and differential equations. Despite some criticism of his "correspondence principle" of stability analysis by D.F. Gordon, D. Patinkin and...
Persistent link: https://www.econbiz.de/10012003226