Showing 1 - 10 of 43
<title>Abstract</title> We review Keynes's constant concern with commodity prices, both as speculator and as theorist, arguing that it was never divorced from his view on market instability. We also look at Kahn's contribution on buffer stocks, which brought to fruition the original intuition by Keynes,...
Persistent link: https://www.econbiz.de/10010975915
[fre] La question posée est de savoir si une marchandise peut être choisie arbitrairement comme étalon monétaire. L'analyse distingue la fonction de l'étalon monétaire et la fonction du numéraire. Ricardo a soulevé la question des caractéristiques que doit avoir la marchandise choisie...
Persistent link: https://www.econbiz.de/10010977453
By looking at the available evidence on the London gold market in the late eighteenth century and early nineteenth century, this p aper presents a new formulation of the gold points and models the mar ket behavior behind gold movements. While there is evidence that the merchants' behavior...
Persistent link: https://www.econbiz.de/10005284396
Cambridge as a geographical reference often crops up in the characterisation of the economic theories and approaches that developed in Cambridge (UK) between the 1920s and the 1960s with the contribution of economists who did not always share the same interests, background or attitudes, but who...
Persistent link: https://www.econbiz.de/10010570966
[fre] Ricardo's Theory of Money Matters. . Dans cet exposé on analyse trois reproches adressés communément à la théorie monétaire de Ricardo : la monnaie-marchandise, la neutralité de la mon­naie et la conception d'équilibre à long terme. Le premier, que l'identification de la monnaie...
Persistent link: https://www.econbiz.de/10008621373
The subtitle of Sraffa's most celebrated work, Production of Commodities by Means of Commodities, is prelude to a critique of economic theory. Given that no later work was ever published by Sraffa, we are left to wonder what would have come after the prelude. This paper suggests that the core of...
Persistent link: https://www.econbiz.de/10009148193
<title>Abstract</title>This paper argues against the distance which has been growing between economic history and history of economic thought (HET). Two examples, drawn from the history of monetary theory, are provided of how neglecting the historical background may lead to erroneous interpretations and...
Persistent link: https://www.econbiz.de/10010975914
In August 2011 Edward Fullbrook, the editor of the Real World Economics Review and the driving force behind the World Economics Association (WEA), asked the three of us to take on editorial roles in the newly established philosophy, methodology and history of thought journal of the association....
Persistent link: https://www.econbiz.de/10010934655
Persistent link: https://www.econbiz.de/10010952199
Persistent link: https://www.econbiz.de/10009219663