The intellectual competitors to liberalism that appeared in the late nineteenth century often failed to clearly differentiate themselves in popular and academic discourse. Progressivism and socialism both found foothold with promises to transform the economy and society via an activist state;...

In this paper, I consider the role women economists played in the production of U.S. income and tax distribution studies over three decades beginning in the 1920s. Although related to and clearly influenced by consumption economics, these studies evolved along the boundaries of three distinct...

Ursula Kathleen Webb Hicks (1896 – 1985) was Oxford’s Lecturer in Public Finance for nearly twenty years. She published a dozen books on public finance. She co-founded the Review of Economic Studies and served as managing editor for twenty-eight years, making her the first woman editor of a...

We derive forecast confidence bands using a Global Projection Model covering the United States, the euro area, and Japan. In the model, the price of oil is a stochastic process, interest rates have a zero floor, and bank lending tightening affects the United States. To calculate confidence...

This paper outlines a simple approach for incorporating extraneous predictions into structural models. The method allows the forecaster to combine predictions derived from any source in a way that is consistent with the underlying structure of the model. The method is flexible enough that...

We derive forecast confidence bands using a Global Projection Model covering the United States, the euro area, and Japan. In the model, the price of oil is a stochastic process, interest rates have a zero floor, and bank lending tightening affects the United States. To calculate confidence...

FRONT COVER -- ECONOMIC THEORY BY TAUSSIG, YOUNG, AND CARVER AT HARVARD -- COPYRIGHT PAGE -- CONTENTS -- PART I: CORRESPONDENCE BETWEEN FRANK H. KNIGHT, WALTER B. SMITH, AND F. TAYLOR OSTRANDER, 1933-1937 -- PART II: MAURICE BECK HEXTER'S NOTES FROM HARVARD UNIVERSITY, 1921-1922 -- INTRODUCTION...