History of Economics Society Bulletin最新文献

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Adam Smith on the Division of Labor and Relative Factor Prices 亚当·斯密论劳动分工与相对要素价格
History of Economics Society Bulletin Pub Date : 1987-09-01 DOI: 10.1017/S1042771600004038
R. Hébert, A. Link
{"title":"Adam Smith on the Division of Labor and Relative Factor Prices","authors":"R. Hébert, A. Link","doi":"10.1017/S1042771600004038","DOIUrl":"https://doi.org/10.1017/S1042771600004038","url":null,"abstract":"It is well known that the division of labor was the starting point of Adam Smith's theory of economic growth. Schumpeter (1954, p. 187) observed, with mild exaggeration, that “nobody, either before or after A. Smith, ever thought of putting such a burden upon division of labor. With A. Smith it is practically the only factor in economic progress.” Smith failed to explain the origins of the concept beyond the natural, human “propensity to truck and barter,” but he maintained that division of labor was a natural occurrence in a capitalist economy. Despite some misgivings about the monotony of repetitive tasks occasioned by specialization, which he expressed in Book V of the Wealth of Nations, Smith stressed the effect of division of labor and specialization upon the productive powers of labor. On this bedrock he built a theory of economic development: division of labor leads to increased output, which leads to higher levels of profits, out of which increases in fixed and circulating capital are financed. This leads to an increase in the wages-fund, and higher wages for labor, so long as increases in the demand for labor outstrip increases in the supply.","PeriodicalId":123974,"journal":{"name":"History of Economics Society Bulletin","volume":"13 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1987-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114627962","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
Goethe on Demonic Fiscal Policy 歌德谈恶魔般的财政政策
History of Economics Society Bulletin Pub Date : 1987-09-01 DOI: 10.1017/S1042771600004051
D. Levy
{"title":"Goethe on Demonic Fiscal Policy","authors":"D. Levy","doi":"10.1017/S1042771600004051","DOIUrl":"https://doi.org/10.1017/S1042771600004051","url":null,"abstract":"Very few readers of J. W. von Goethe's Faust have recognized that he is making a moral claim which was a commonplace among the British classical economics. The British classical economists raised a fundamentally moral objection to the public debt. It was, they said, a way of making destructive policies seem less onerous. This moral criticism of public debt has been made now and again in modern economics; nonetheless, this point has gone largely unremarked in later moral discussions. To some extent this is an unescapable consequence of intellectual specialization: how many moralists of stature have worried about an appropriate fiscal policy? Moreover, when moralists do turn their attention to problems in which economists are interested, their contributions all too often suffer from elementary, but fatal, technical defects.","PeriodicalId":123974,"journal":{"name":"History of Economics Society Bulletin","volume":"21 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1987-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125644873","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Speculations on the Transmutation of an Idea 思想嬗变的思辨
History of Economics Society Bulletin Pub Date : 1986-12-01 DOI: 10.1017/S1042771600003884
Michael Perelman
{"title":"Speculations on the Transmutation of an Idea","authors":"Michael Perelman","doi":"10.1017/S1042771600003884","DOIUrl":"https://doi.org/10.1017/S1042771600003884","url":null,"abstract":"In the late Eighteenth and early Nineteenth Centuries, progesssive thinkers were convinced that they had to shake off the inertia of tradition in order to free themselves to remake their world. Consequently, they questioned the authority of laws and titles as well as the economic claims associated with landed property and capital. One common theme in this endeavor concerned those rights and privileges which were due to activities that had occurred in the past. I shall trace the development of this notion as it was passed along an intellectual chain that extended from Thomas Jefferson to Karl Marx.","PeriodicalId":123974,"journal":{"name":"History of Economics Society Bulletin","volume":"30 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1986-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132327836","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Reflections on the Absolutist and Relativist Approaches To the History of Economics 对绝对主义和相对主义经济学史研究方法的思考
History of Economics Society Bulletin Pub Date : 1986-12-01 DOI: 10.1017/S1042771600003860
L. Hill
{"title":"Reflections on the Absolutist and Relativist Approaches To the History of Economics","authors":"L. Hill","doi":"10.1017/S1042771600003860","DOIUrl":"https://doi.org/10.1017/S1042771600003860","url":null,"abstract":"historical internal of economic theory the internal logic of each the relationship among all of the the relativist the external truth of economic theory the relationship between economic ideas and economic events. historian of economics the internal and external dimensions of historical Types of Economic Theory and of","PeriodicalId":123974,"journal":{"name":"History of Economics Society Bulletin","volume":"38 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1986-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121547853","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
History of Economic Thought - What For? Empirical Observations From German Universities 经济思想史——为什么?来自德国大学的实证观察
History of Economics Society Bulletin Pub Date : 1986-12-01 DOI: 10.1017/S1042771600003914
Juergen G. Backhaus
{"title":"History of Economic Thought - What For? Empirical Observations From German Universities","authors":"Juergen G. Backhaus","doi":"10.1017/S1042771600003914","DOIUrl":"https://doi.org/10.1017/S1042771600003914","url":null,"abstract":"With this note I am providing a brief English summary and some extensions of an investigation (Backhaus 1983) that tried to answer two questions: a) Has the instruction in the history of economic thought vanished from the curricula of German universities, especially after the extensive reforms of the late sixties and early seventies? b) Can we identify purposes for offering courses in the history of economic thought? The survey spans the entire post WW II period until March 1980. \"German\" refers to the primary language of instruction. Hence, Austrian and several Swiss universities were included. The East German universities had to be excluded, for several reasons. One of them is that neither their organization nor purposes are readily comparable with Western institutions of higher learning. The study was prompted by often voiced concerns that the history of economic thought had virtually disappeared from the economics curriculum (e.g Schefold 1981; 53). We also sought to update an earlier study undertaken before the university reforms (Schultz 1960). But the scope of the survey went a bit beyond such a statistical exercise as we tried to find some hints about the uses and purposes of the history of economic thought as revealed in the practice of teaching the subject matter. In principle, there are at least four ways to answer the question \"History of Economic Thought What For?\" One may firstly speculate about possible purposes and applications; employ methods of literary interpretation in surveying earlier attempts along similar lines; in order to amicably urge others to follow the guidelines of a program thus derived. This is the approach characteristic of the largest part of the substantial body of literature discussing the purposes of doctrinal history. Secondly, we can consult the published record and determine what difference the use of historical analysis makes in published research. This will yield but a distorted picture. In many European universities, the emphasis on publishing research is much slighter than in their North America counterparts. Scholars like the late Piero Sraffa often command respect primarily for their contributions to the oral tradition. While the oral tradition has always remained important, publishing research may often be almost accidental in European academe. Thirdly, one could analyze survey data. While the problems associated with this method are generally recognized, this often proves to be the only feasible method. In trying to retain some comparabability with the 1960 survey, while still overcoming many of its shortcomings, we resorted to a fourth approach which combines elements of all three methods and adds a twist. Forthly, an analysis of the course titles will reveal a great deal about their contents. While in America, course titles tend to be standardized and are unlikely to vary with the instructor who happens to teach the course, this is not so in the German university. The curriculum guidelines tend t","PeriodicalId":123974,"journal":{"name":"History of Economics Society Bulletin","volume":"46 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1986-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129340966","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
The Political Balloon; or, the Fall of East India Stock 政治气球;或者,东印度股票的下跌
History of Economics Society Bulletin Pub Date : 1986-12-01 DOI: 10.1017/S1042771600003847
R. R. Rogers
{"title":"The Political Balloon; or, the Fall of East India Stock","authors":"R. R. Rogers","doi":"10.1017/S1042771600003847","DOIUrl":"https://doi.org/10.1017/S1042771600003847","url":null,"abstract":"","PeriodicalId":123974,"journal":{"name":"History of Economics Society Bulletin","volume":"69 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1986-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121647982","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Benjamin Jowett's Connections with Political Economy 本杰明·乔伊特与政治经济学的联系
History of Economics Society Bulletin Pub Date : 1986-12-01 DOI: 10.1017/S1042771600003872
W. Samuels
{"title":"Benjamin Jowett's Connections with Political Economy","authors":"W. Samuels","doi":"10.1017/S1042771600003872","DOIUrl":"https://doi.org/10.1017/S1042771600003872","url":null,"abstract":"Benjamin Jowett (1817-1893) was one of the leading figures in English university educaon in the late nineteenth century. As the translator and interpreter of Plato he was an minent Greek scholar in an educational establishment still dominated by classical studies. is Master of Balliol College, Oxford he was perhaps the best-known educator, or educaonal administrator, in the United Kingdom. Earlier in his career he had been a conoversial liberal Anglican theologian. But Jowett also had a life-long interest in and onnections with Political Economy. The objectives of this paper are, first, to bring )gether what is known of Jowett in relation to Political Economy and, second, to report n the further insight to be gained from attention to his Notebook of 1841. Eventually Regius professor of Greek at Oxford, Jowett was associated with Balliol College from his undergraduate years to his death. He was made a fellow in 1838 while till an undergraduate. He received the B.A. in 1839, in 1842 he received both the M.A. nd a tutorship. He became Master in 1870. (For further biographical details, see DNB, aber, Marshall, and Wintle.) It was he who brought Alfred Marshall to Oxford from Jniversity College, Bristol in 1884, where he stayed one year prior to becoming pro:ssor of political economy at Cambridge as successor to Henry Fawcett. (See, for xample, Abbott and Campbell, II, 246: \"This change was a source of great pleasure nd gratification to Jowett, who not only secured a very able Lecturer, but brought a riend to Oxford.\") His continued friendship with Mary and Alfred Marshall produced sveral letters which, as we will see, are of some interest. As Marshall noted in his affectionate obituary of Jowett, Jowett \"gave short courses f set lectures on political economy\" in the decades before he became Master; thereafter e continued to tutor individual or small groups of students in the field. Marshall noted lat Jowett \"made no claim to be an economist in any special sense of the word. But e took great interest in political economy, especially on its social side; . . .\" Marshall, 745). Marshall also noted that Jowett \"was not without influence over the conomic thought of the present generation.\" Many years later, Alvin Johnson, who ame from a Nebraska farm, wrote that \"As a student I was deeply interested in Jowett, ilth his faithfully sophisticated Plato . . .\" (Johnson, 97) Another writer, who also knew awett personally, reported that \"Jowett once said in his odd way: 'I thought once of iving myself up to political economy, but I happened to become Professor of Greek'\" Ibllemache, 10). However, Abbott and Campbell reported that \"a few years\" after iving \"a course of lectures on the 'new science' of Political Economy, which he had een studying since 1841 . . . he was wont to observe that Political Economy, like Benlamism, had done its work\" (Abbott and Campbell, I, 131). This same view is presented y his more recent biographer who remarks that Jowett \"read the ","PeriodicalId":123974,"journal":{"name":"History of Economics Society Bulletin","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1986-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130961116","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Feet of Clay: Chapter I of Capital 《资本论》第一章
History of Economics Society Bulletin Pub Date : 1986-12-01 DOI: 10.1017/S1042771600003896
R. Brandis
{"title":"Feet of Clay: Chapter I of Capital","authors":"R. Brandis","doi":"10.1017/S1042771600003896","DOIUrl":"https://doi.org/10.1017/S1042771600003896","url":null,"abstract":"For a non-Marxist (and non-Marxian) economist to comment on Marx there are certain disadvantages including the obvious one that unfamiliarity with much of the corpus of criticism of Marx may mean that nothing new is being said. There is, however, the advantage that one approaches Marx a little like the child viewing the Emperor's new clothes and may, thus, offer a fresh point of view. In any event, this brief essay has only a modest aim and confines its examination of Marx to Volume, I, Part I, Chapter I of Capital. This chapter, entitled \"Commodities,\" would seem to warrant careful attention. Certainly it is the product of Marx's considered thought. As Marx tells us in the preface to the first German edition (1867) of Capital, the first three chapters of Volume I summarize \"the substance\" of his A Contribution to the Criticism of Political Economy (published 1859, Marx, p. 7). In addition, \"The presentation of the subject matter is improved\" (Marx, p. 7). Six years later, in 1873, Marx tells us in the \"Afterword\" to the second German edition that in Chapter I, Section 1, \"the derivation of value from an analysis of the equations by which every exchange value is expressed has been carried out with greater scientific strictness\" (Marx, p. 12). Also, we are advised that Chapter I, Section 3, \"has been completely revised.\" Finally, Engels tells us that the alterations and additions that he made in the third German edition (1883) of Volume I were confined, with few exceptions, to the latter part of the book (Marx, p. 23). In light of the above history, it seems fair to say that Chapter I of Capital's first volume gives us as mature and as considered a statement as any we are likely to have from Marx. Yet, Marx, himself, said \"To understand the first chapter, especially the section that contains the analysis of commodities, will therefore, present the greatest difficulty\" (Marx, p. 7). What attention have writers of general histories of economic thought paid to this chapter—surely one which we would suppose was foundational to the immense edifice that is Capital? They have virtually ignored it if Blaug, Oser, Pribram, Roll, Schumpeter, Spiegel and Taylor can be taken as a representative sample of the group.","PeriodicalId":123974,"journal":{"name":"History of Economics Society Bulletin","volume":"27 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1986-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134378564","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Jevon's Debt to Cairnes: An Unnoticed Review 杰文欠凯恩斯的债:一个未被注意的评论
History of Economics Society Bulletin Pub Date : 1986-12-01 DOI: 10.1017/S1042771600003902
T. Boylan, T. Foley
{"title":"Jevon's Debt to Cairnes: An Unnoticed Review","authors":"T. Boylan, T. Foley","doi":"10.1017/S1042771600003902","DOIUrl":"https://doi.org/10.1017/S1042771600003902","url":null,"abstract":"In his note we wish to draw attention to a curious ommission in the correspondence between J.E. Cairnes and W.S. Jevons during the course of 1863 relating to a majoi review by Cairnes of Jevons's pamphlet on the gold question. The fact that such a correspondence occurred is itself of some interest considering Cairnes's accepted position within the conventional interpretation of economic thought as representing the last ol the classical economists. This historical location of Cairnes would presumably undei normal circumstances have placed him in a position of potential intellectual conflicl with Jevons, who was, of course, the pivotal figure of the so-called \"marginalist revolution\" in England. Even apart from this, Jevons's well documented hostility to the intellectual influence of John Stuart Mill would arguably have been an additional source of opposition to Cairnes, given the latter's close personal friendship and more particularly his intellectual adherence to many of Mill's doctrines. Notwithstanding these potential sources of conflict between the two men, Jevons had, in fact, a very high regard for Cairnes's contributions to political economy. This is clearly evident from the correspondence between the two men, which was originally brought to light by R.D. Collinson Black.","PeriodicalId":123974,"journal":{"name":"History of Economics Society Bulletin","volume":"24 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1986-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121213280","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
Perceptions of our Discipline: Three Magisterial Treatments of the Evolution of Economic Thought 对我们学科的认知:对经济思想演变的三种权威处理
History of Economics Society Bulletin Pub Date : 1986-12-01 DOI: 10.1017/S1042771600003859
M. Perlman
{"title":"Perceptions of our Discipline: Three Magisterial Treatments of the Evolution of Economic Thought","authors":"M. Perlman","doi":"10.1017/S1042771600003859","DOIUrl":"https://doi.org/10.1017/S1042771600003859","url":null,"abstract":"I have taken as the subject of this presidential address a consideration of the dynamics (that is, what shapes the future direction) of the professional discipline of economics. From a conceptual standpoint, I feel most comfortable with our dating the latter part of the nineteenth century, surely during the 1870s, as the time when what had been a general, and perhaps even gentlemanly, subject became a professional discipline. For purposes of our discussion I shall use an abridged definition of \"professional discipline,\" namely, \"a shared perception of a body of knowledge, including sets of questions, data and analytical methods, common to those who are identified as and/or identify themselves as members of that profession.\" Thus, what we are basically considering at this time is how that body of knowledge identified as economics was and continues to be reshaped. Analyzing that reshaping process is, according to my view, what the subdiscipline of the history of economics is all about. Our point of departure is to examine ad seriatim three quite different treatments of the history of economic thought in order to suggest alternative perceptions of the causes for change in the delimitors of our professional knowledge. We then turn to assessing the three treatments. The paper concludes by suggesting an alternative to methodology [cf. Perlman, 1978] or to \"rhetoric\" [cf. McCloskey, 1983] as the basis for the functional delimitors of the agreed-upon body of our professional knowledge.","PeriodicalId":123974,"journal":{"name":"History of Economics Society Bulletin","volume":"83 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1986-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121600261","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 3
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