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Keynes-Tinbergen controversy, it is argued that Keynes' criticism comprises the "Lucas critique", and that it is misleading …'s approach to the extreme and neglects the possibility of slowly changing structures, as conceived by Marshall. The position is …
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During their lives and careers, both Marshall and Keynes visited the United States and expressed views on American … invest in Wall Street on a large scale. In this paper, we argue that there is "a family resemblance" in Marshall’s and Keynes … Marshall in 1905, we see this latter episode as the starting point of a longer process, in which Keynes could observe the …
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Alfred Marshall’s methodological essay, “The Present Position of Economics” (1885). The radicalapproach identifies the … world. Marshall’s methodology places the relationship between theory and empiricaltools on center stage. In North America …
Persistent link: https://www.econbiz.de/10009475548
We examine Ralph W. Souter's defence, in the 1930s, of Marshall's Principles against Robbins' attempt to recast … economics as a 'purely formal science of implications'. Souter elaborated on Marshall's invocations progressively to increase … the realism of economic science and contrasted this perspective on Marshall with Robbins' atomistic bias, neglect of …
Persistent link: https://www.econbiz.de/10009480712
Entry for the Elgar Companion to Alfred Marshall, edited by Tiziano Raffaelli, Marco Dardi, and Giacomo Becatini …
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This note comments briefly on Mehdad Vahabi's article on Alfred Marshall's concept of "Normal Value." It points out, in … particular, the relationship between normality and equilibrium in the context of Marshall's moving equilibrium method. …
Persistent link: https://www.econbiz.de/10010427422
by market choices. Marshall is seen as the bridge between the classical reflection on happiness in the eighteenth century …
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