Narrow search
Showing 91 - 100 of 15,016
Cover Image
The limits of Ricardian value: law, contingency and motion in economics
Freeman, Alan - Volkswirtschaftliche Fakultät, … - 1999
This paper discusses the relation between law and contingency in the formation of value. It begins from a much-ignored assertion of Marx, repeated throughout his works, that the equality of supply and demand is contingent and their non-equality constitutes their law. This highly complex and...
Persistent link: https://www.econbiz.de/10005789658
Cover Image
A general equilibrium theory of North-South trade
Chichilnisky, Graciela - Volkswirtschaftliche Fakultät, … - 1986
This chapter presents an application of competitive general equilibrium theory of markets in the spirit of Walras …
Persistent link: https://www.econbiz.de/10005790445
Cover Image
Walras et les ingénieurs-économistes français
Béraud, Alain - HAL - 2011
Les ingénieurs économistes français avaient accueilli avec beaucoup de réticences l'œuvre de Walras. Ils ne pensaient … les analyses que faisait Walras des choix intertemporels et de la formation des prix monétaires. C'est en s'appuyant sur …'est à juste raison que ce modèle fut qualifié de néo-walrasien car c'est bien du modèle que Walras avait élaboré dans les …
Persistent link: https://www.econbiz.de/10008855831
Cover Image
Professor Fisher and the quantity theory: A significant encounter
Laidler, David - 2011
Irving Fisher's encounter with the Quantity theory of Money began in the 1890s, during the debate about bimetallism, and reached its high point in 1911 with the publication of The Purchasing Power of Money. His most important refinement of the theory, derived from his recognition of bank...
Persistent link: https://www.econbiz.de/10010292029
Cover Image
Two modes of spatial economy models: Thünen and Krugman
Dusek, Tamas - 2013
The aim of the study is to compare the methodology of spatial model building of two very influential economists, Thünen and Krugman. Thünen is a representative nineteen century economist and Krugman represents the method of contemporary neoclassical mainstream economics. Thünen is mostly...
Persistent link: https://www.econbiz.de/10011397487
Cover Image
Henry Calvert Simons and the Quantity Theory of Money
Rockoff, Hugh - 2000
Henry Simons is one of the most puzzling figures in the history of economics. He made important contributions to public finance and was the founder of the Chicago tradition in monetary economics. Indeed, George Stigler dubbed him the 'Crown Prince' of Chicago economics. He was an advocate of the...
Persistent link: https://www.econbiz.de/10010334337
Cover Image
Why markets do not fail. Buchanan on voluntary cooperation and externalities
Marciano, Alain - 2010
During the 1950s and 1960s, many economists were convinced that externalities were a cause of "market failures" -- because individuals are not capable of internalizing the costs their actions impose to others -- and therefore that the intervention of the state was necessary to allow an efficient...
Persistent link: https://www.econbiz.de/10011592183
Cover Image
Lionel W. McKenzie and the Proof of the Existence of a Competitive Equilibrium
Weintraub, E. Roy - 2011
The theorem proving the existence of general equilibrium in a competitive economy, which necessarily involved specifying the conditions under which such an equilibrium would exist, is an extraordinary achievement of twentieth-century economics. The discovery is commonly attributed to the paper...
Persistent link: https://www.econbiz.de/10011592186
Cover Image
Of Positivism and the History of Economic Thought
Caldwell, Bruce - 2012
The rhetoric of positivism had a profound effect on the worldview and practice of economists in the middle of the last century. Though this influence has greatly diminished, it still may be found in the attitude of many economists towards the history of their discipline. This paper traces the...
Persistent link: https://www.econbiz.de/10011592198
Cover Image
A Hayekian Explanation of Hayek's "Epistemic Turn"
Scheall, Scott - 2014
The present essay investigates F.A. Hayek's epistemology and his methodology of sciences of complex phenomena for implications relevant to an explanation of Hayek's own so- called "epistemic turn." The thesis defended here is that Hayek's dissatisfaction with his technical economics – in...
Persistent link: https://www.econbiz.de/10011592223