Showing 1 - 10 of 72
Ordoliberalism and Keynesianism are not exactly known to fit hand in glove. Accordingly, the German economists Walter Eucken, head of the Freiburg school, and Wilhelm Röpke, from his Istanbul and Geneva exiles, were in near perfect agreement in their opposition to the interventionist "full...
Persistent link: https://www.econbiz.de/10014420708
Ordoliberalism and Keynesianism are not exactly known to fit hand in glove. Accordingly, the German economists Walter Eucken, head of the Freiburg school, and Wilhelm Röpke, from his Istanbul and Geneva exiles, were in near perfect agreement in their opposition to the interventionist "full...
Persistent link: https://www.econbiz.de/10014384561
Keynes: the economic liberalism as a myth - This paper aims at highlighting Keynes main arguments in his criticism of economic liberalism, conceived of as the theories and the praxis of economic policy adopted by the mainstream thinkers in the field of economics and symbolically based on the...
Persistent link: https://www.econbiz.de/10008862860
This paper scrutinizes the debate of Keynes and Hayek concerning the adequate re- sponse to economic crises from a historical perspective. In a first step the develop- ment of the Keynesian economic theory, its ascent during the Great Depression and its use during financially sound times is...
Persistent link: https://www.econbiz.de/10010334501
This paper scrutinizes the debate of Keynes and Hayek concerning the adequate re- sponse to economic crises from a historical perspective. In a first step the develop- ment of the Keynesian economic theory, its ascent during the Great Depression and its use during financially sound times is...
Persistent link: https://www.econbiz.de/10009746998
In this essay I review Sylvia Nasar’s long awaited new history of economics, Grand Pursuit. I describe how the book is an economic history of the period from 1850-1950, with distinguished economists’ stories inserted in appropriate places. Nasar’s goal is to show how economists work, but...
Persistent link: https://www.econbiz.de/10010928475
The purpose of this paper is to discuss the uncertainty concept through a reconstitution of the ways in which this notion emerges in the works by Knight, Keynes, Shackle and Davidson. It focuses on the uniqueness of each approach. It is unquestionable that these authors' theories of uncertainty...
Persistent link: https://www.econbiz.de/10010842963
The paper compares different strands of New Keynesian Economics with respect to Keynes's original work on wages, describing which are the most relevant differences and analogies. In particular, two issues are analysed in detail. First, the explanations provided by Keynes and New Keynesians of...
Persistent link: https://www.econbiz.de/10005196774
In this essay I review Sylvia Nasar’s long awaited new history of economics, Grand Pursuit. I describe how the book is an economic history of the period from 1850-1950, with distinguished economists’ stories inserted in appropriate places. Nasar’s goal is to show how economists work, but...
Persistent link: https://www.econbiz.de/10010627858
In this essay I review Sylvia Nasar’s long awaited new history of economics, Grand Pursuit. I describe how the book is an economic history of the period from 1850-1950, with distinguished economists’ stories inserted in appropriate places. Nasar’s goal is to show how economists work, but...
Persistent link: https://www.econbiz.de/10010627859