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Auguste Ott on Commercial Crises and Distributive Justice : An Early Input-Output Scheme

Colacchio, Giorgio - 2009

In 1851 the French Social economist Auguste Ott discussed the problem of gluts and commercial crises, together with the issue of distributive justice between workers in co-operative societies. He did so by means of a ‘simple reproduction scheme' sharing some features with modern intersectoral...

Persistent link: https://www.econbiz.de/10013155058

Hayek, Deflation, Gold, and Nihilism

Glasner, David - 2020

Abstract: In Hayek's early writings on business cycle theory and the Great Depression he argued that business cycle downturns including the steep downturn of 1929-31 were caused by unsustainable elongations of capital structure of the economy resulting from bank-financed investment in excess of...

Persistent link: https://www.econbiz.de/10012840249

Money Doctoring after World War Ii : Arthur I. Bloomfield and the Federal Reserve Missions to South Korea

Alacevich, Michele - 2007

In this paper we analyse the scientific contributions of the New York Fed economist Arthur I. Bloomfield. A Canadian born economist, in 1941 Bloomfield took his PhD in economics at the University of Chicago, under the supervision of Jacob Viner and then joined the staff of the Federal Reserve...

Persistent link: https://www.econbiz.de/10012731185

Liquidity Preference Theory Revisited - to Ditch or to Build on it?

Bibow, Jörg - 2005

This paper revisits Keynes's liquidity preference theory as it evolved from the Treatise on Money to The General Theory … policy. Contrary to the neoclassical quot;special casequot; interpretation, Keynes considered his liquidity preference theory … that Keynes's analysis offers insights into practical issues, such as policy credibility and expectations management, that …

Persistent link: https://www.econbiz.de/10012736141

Why White, Not Keynes? Inventing the Postwar International Monetary System

Boughton, James M. - 2006

.K. officials, led respectively by Harry Dexter White and John Maynard Keynes. The design of the system, especially the … economic position of the United States but also from differences between White's and Keynes's views on key issues. Examination … of White's economic papers shows that he was more multilateral than Keynes and placed a higher priority on monetary …

Persistent link: https://www.econbiz.de/10012782908

E-Commerce and GDP : A Study of Measurement Challenges and Issues in Bangladesh

Mannan, Dr Kazi Abdul - 2017

Cyber technology (Internet) is a globally interconnected network that includes billions of individual, corporate body and government user as known as f-commerce, e-commerce, m-commerce, e-governance, digital government and so on. These are a hot topic; however, petty is known about the real size...

Persistent link: https://www.econbiz.de/10012954475

The Economic Eugenicism of John Maynard Keynes

Magness, Phillip - 2017

Scholars of John Maynard Keynes' life and contributions to economics have tended to approach his involvement in the … connections to his larger system of economic thought or,(2) positing an evolutionary turn in Keynes' thinking that led him to … to a historical analysis of Keynes' writings and accompanying archival material, we present evidence of a continuity of …

Persistent link: https://www.econbiz.de/10012957999

Two Lectures by Friedman : One Famous, One Good

Forder, James - 2017

Friedman's Presidential Address to the American Economic Association is compared with a slightly later lecture he gave to the American Philosophical Society. The earlier piece is found to be poorly structured, badly argued, and full of clear mistakes. The later one, although pursuing the same...

Persistent link: https://www.econbiz.de/10012962615

The Evolution of Hayek's Thought on Gold and Monetary Standards

Caton, James - 2019

Hayek's evolving thought on gold and the gold standard is complex and, at times, confusing. Hayek initially supported the gold standard and paid special attention to those nations whose central banking policies he viewed as relatively loose. Early on he viewed attempts at stabilization of...

Persistent link: https://www.econbiz.de/10012900623

Two Harvard Economists on Monetary Economics : Lauchlin Currie and Hyman Minsky on Financial Systems and Crises

Velásquez Garzón, Iván Darío - 2018

In November 1987, Hyman Minsky visited Bogotá, Colombia, after being invited by a group of professors who at that time were interested in post-Keynesian economics. There, Minsky delivered some lectures, and Lauchlin Currie attended two of those lectures at the National University of Colombia....

Persistent link: https://www.econbiz.de/10012909092