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Paul Samuelson proposed and practiced a program for the Whig history of economics. One such example is his account of Frank Ramsey's contribution to optimal taxation in 1927. For him and mainly for the public finance economists who rediscovered later Ramsey's contribution, Ramsey was a genius...
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Although economists have recognized long ago that "time enters into all economic questions", the ways they treated and modeled time has varied substantially in the last century. While in the 1930s there was a distinctive Cambridge tradition against discounting utilities of future generations, to...
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Frank Plumpton Ramsey (b.: Feb. 22, 1903; d.: Jan. 19, 1930) was a Cambridge mathematician who made important contributions not only to philosophy, mathematics, logic, and probability, but also to economics with two major works published in 1927 and 1928 in the Economic Journal, which became popular...
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Frank Plumpton Ramsey was a Cambridge mathematician who produced profound work in logic, philosophy, mathematics and economics in the first-half of the twentieth century. He died at the age of twenty six, in 1930, and his contributions, despite being few in number, have been bearing fruits since...
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I survey the so-called "new neoclassical synthesis" literature (that emerged allegedly as a synthesis between the real business cycle and the new Keynesian literatures) and its ubiquitous dynamic stochastic general equilibrium (DGSE) model, emphasizing the current practices in it. This includes...
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Some historians argue that the history of economic thought (HET) is useful and important to economists and that historians should remain in economics departments. Others believe that historians' initiatives toward economists are doomed in advance to failure and that they should instead ally...
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