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To date, the history of financial economics has not discussed in detail the international diffusion of financial economics (henceforth modern finance). Modern finance was supposedly “introduced” in France in the 1970s. According to some historians of financial economics, it is an American...
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To date, little research has documented the international diffusion of financial economics. Financial economics was supposedly “introduced” in France in the 1970s. Some analysts have argued that it is an American author — Leonard J. Savage — who allowed French authors to rediscover Louis...
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The term “Say’s Law” was introduced in the twentieth century by an American economist, Fred Manville Taylor. To this date, no research has thoroughly investigated how the term came to be and what it really meant in Taylor’s writings. This paper aims to examine how Taylor defined and used...
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James Ahiakpor argues that our “claim that Say changed his mind on his law of markets or outlets in the fifth and sixth editions [of the Treatise]…is misleading.” We disagree emphatically with Ahiakpor’s characterizations. His note is full of errors and misrepresentations. In order to...
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