This paper intends to present a particular analysis of Thorstein Veblen’s work. In this fashion, we have identified a central idea that commands his oeuvre: the non-teleologism. In addition, as a another central objective, the study pretends to establish a relationship between this hard core...

This paper contains a short history of business cycle theory. It is argued that in the course of time the emphasis shifted from a mainly exogenous to a mainly endogenous explanation of the cycle. After the integration of the two approaches in the so-called impulse and propagation theory, the...

The purpose of this paper is to provide an analysis of the impact the UV-curve had on economic theory and to provide an account of the subsequent radical changes in its place and role over the decades since its first appearance in 1958. The paper traces the historical development of the UV-curve...

Professor Narmadeshwar Jha was a noted scholar on History of Economic Thought that took its shape under the influence of Alfred Marshall. His widely referred book - The Age of Marshall: Aspects of British Economic Thought, 1890-1915 – was written under the supervision of Professor A.J. Brown...

In this paper I examine A. C. Pigou's views on the unemployment policies, based on the premise that, as he himself acknowledged, his theory of business fluctuations was one integral part of his whole thought about unemployment. In his Industrial Fluctuations (1927), Pigou gave the most extensive...

This paper supports the conception of economics as the social science that studies provisioning processes. Conceptions of economics help us understand the history of economic thought and have methodological, theoretical, policy and strategic significance. When economists are careful to define...