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At the Origins of the NAIRU : Short-Term Economic Policy and the Development of the First Italian Macroeconometric Models. 在NAIRU的起源:短期经济政策和第一个意大利宏观计量经济模型的发展。
History of Economic Ideas Pub Date : 2008-01-01 DOI: 10.1400/92989
A. Binotti, Enrico Ghiani
{"title":"At the Origins of the NAIRU : Short-Term Economic Policy and the Development of the First Italian Macroeconometric Models.","authors":"A. Binotti, Enrico Ghiani","doi":"10.1400/92989","DOIUrl":"https://doi.org/10.1400/92989","url":null,"abstract":"The purpose of this paper is to reconsider the features of the main Italian macroeconometric models, developed from the early 1960s until the first half of the 1970s. The models have been examined pursuing two objectives: a) to verify if they have been elaborated as short run articulation of long run macroeconomic programming; b) to assess if they reflect the problems of medium-term policy brought to the attention of the debate arising from the article by Modigliani and La Malfa 1966. We have examined the structure of the following models: the model of the Preliminary Report of the Bank of Italy 1963; the M1BI model 1970; the model of the University of Bologna 1970-1976. Our analysis shows that the stimulus that came from the economic conjuncture and theoretical debate of the early 1960s significantly influenced relevant features of the first Italian econometric models. However, a model able to give answers to the issues raised by that debate was elaborated only in the course of the first half of the 1970s.","PeriodicalId":38602,"journal":{"name":"History of Economic Ideas","volume":"16 1","pages":"103-132"},"PeriodicalIF":0.0,"publicationDate":"2008-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66640350","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: 5
Trade Unions and the Wages Fund Theory : on the Significance of Mill's Recantation and Some Notes on Marx's Theoretical Intervention 工会与工资基金理论:论密尔“改口”的意义及对马克思理论介入的几点注意
History of Economic Ideas Pub Date : 2008-01-01 DOI: 10.1400/99212
D. Sotiropoulos, G. Economakis
{"title":"Trade Unions and the Wages Fund Theory : on the Significance of Mill's Recantation and Some Notes on Marx's Theoretical Intervention","authors":"D. Sotiropoulos, G. Economakis","doi":"10.1400/99212","DOIUrl":"https://doi.org/10.1400/99212","url":null,"abstract":"The intensity of class struggle in England of 1860s began to transform trade unions from mutual aid association societies to key factors in wage bargaining. These changes at the political level undoubtedly triggered corresponding shifts in theoretical discussion of wages. These shifts had to do chiefly with the recognition of the capacity of the trade unions to impose permanent increases in real wages without causing unemployment. Our analysis will focus on the theoretical interventions of J. S. Mill and K. Marx in this historic conjuncture. They both implicitly challenged the dominant analytical consensus in accordance with which every labour confrontation was ultimately detrimental to the working class’s own interests. Revising his own previous arguments, Mill came to support a reformist strategy which made room for trade unions but in the final analysis did not dispute capitalist rule. Marx, by contrast, challenged such political projects, stressing the irreconcilable contradiction between the long-run class interests of capital and labour.","PeriodicalId":38602,"journal":{"name":"History of Economic Ideas","volume":"6 1","pages":"1000-1028"},"PeriodicalIF":0.0,"publicationDate":"2008-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66642751","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
The Italian Metaphysical Adventure of Economic Planning as Seen through the Italian Newspapers (1962-1964) 从意大利报纸看意大利经济计划的形而上冒险(1962-1964)
History of Economic Ideas Pub Date : 2008-01-01 DOI: 10.1400/92990
A. Rancan
{"title":"The Italian Metaphysical Adventure of Economic Planning as Seen through the Italian Newspapers (1962-1964)","authors":"A. Rancan","doi":"10.1400/92990","DOIUrl":"https://doi.org/10.1400/92990","url":null,"abstract":"The paper reconstructs the broad economic planning debate of the early nineteensixties through the more representative Italian newspapers. As it appears evident from my review, the obstacles that economic planning met were due mainly to exogenous factors such as the weakness of the political forces with respect to the important political and economic reforms they had announced with the first Centre-Left government, and the unexpected change in the economic conditions which shifts the political attention from the structural reforms to the anti-conjunctural policy. The political and economic debate involved three significant and strictly related moments, which represented the crucial, controversial questions: the interpretations of economic planning, the relation between long and short-term policy, and the prevailing version of the incomes policy as an instrument to restore the fifties development model.","PeriodicalId":38602,"journal":{"name":"History of Economic Ideas","volume":"16 1","pages":"133-154"},"PeriodicalIF":0.0,"publicationDate":"2008-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66641129","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
On Aspromourgos's Mistaken Reading of Adam Smith's Price Theory 论Aspromourgos对亚当·斯密价格理论的误读
History of Economic Ideas Pub Date : 2008-01-01 DOI: 10.1400/99216
James C. W. Ahiakpor
{"title":"On Aspromourgos's Mistaken Reading of Adam Smith's Price Theory","authors":"James C. W. Ahiakpor","doi":"10.1400/99216","DOIUrl":"https://doi.org/10.1400/99216","url":null,"abstract":"","PeriodicalId":38602,"journal":{"name":"History of Economic Ideas","volume":"16 1","pages":"1000-1006"},"PeriodicalIF":0.0,"publicationDate":"2008-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66642317","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
"Manifesto" for Comprehension Neo-Schumpertian Economics. 理解新熊彼特经济学的“宣言”。
History of Economic Ideas Pub Date : 2007-01-01 DOI: 10.1400/76917
A. Pyka, H. Hanusch
{"title":"\"Manifesto\" for Comprehension Neo-Schumpertian Economics.","authors":"A. Pyka, H. Hanusch","doi":"10.1400/76917","DOIUrl":"https://doi.org/10.1400/76917","url":null,"abstract":"Within the last 25 years large progress has been made in Neo-Schumpeterian Economics, that branch of economic science which deals with dynamic processes causing qualitative transformation of economies basically driven by the introduction of novelties. By its very nature, technological innovation is the most exponent and visible form of novelty. However, Neo-Schumpeterian Economics should be concerned with all facets of open and uncertain developments. A Comprehensive Neo-Schumpeterian approach has to consider not only transformation processes going on on the industry level of an economy, but also those on the public and monetary realms. Our manifesto introduces these extensions and complements towards a Comprehensive Neo-Schumpeterian Economic Theory, and develops some guideposts in the sense of a roadmap for necessary strands of analysis in the future.","PeriodicalId":38602,"journal":{"name":"History of Economic Ideas","volume":"15 1","pages":"1000-1019"},"PeriodicalIF":0.0,"publicationDate":"2007-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66638642","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
The search for entrepreneurial opportunity 寻找创业机会
History of Economic Ideas Pub Date : 2007-01-01 DOI: 10.1400/76922
Nigel Wadeson, Mark C. Casson
{"title":"The search for entrepreneurial opportunity","authors":"Nigel Wadeson, Mark C. Casson","doi":"10.1400/76922","DOIUrl":"https://doi.org/10.1400/76922","url":null,"abstract":"This paper presents a conceptual framework which can be used to analyse the process of entrepreneurial opportunity discovery. An opportunity can be considered as a project whose exploitation would be advantageous to the entrepreneur. The entrepreneur has to use judgment in deciding which projects are most worthwhile to put into operation. One important aspect of this is the question of how the entrepreneur is to apply judgment in deciding what information to gather, given the need to economise on the costs of doing so.","PeriodicalId":38602,"journal":{"name":"History of Economic Ideas","volume":"15 1","pages":"1000-1022"},"PeriodicalIF":0.0,"publicationDate":"2007-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66638747","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
Schumpeterian Innovation in Modelling Decisions, Games, and Economic Behaviour 熊彼特在决策、博弈和经济行为建模中的创新
History of Economic Ideas Pub Date : 2007-01-01 DOI: 10.1400/76924
P. Hammond
{"title":"Schumpeterian Innovation in Modelling Decisions, Games, and Economic Behaviour","authors":"P. Hammond","doi":"10.1400/76924","DOIUrl":"https://doi.org/10.1400/76924","url":null,"abstract":"Von Neumann’s standard paradigm of a game in extensive form and Kolmogorov’s standard model of a stochastic process both rely on constructing a fixed state space large enough to include all possible future eventualities. This allows a typical singleperson decision problem to be represented as a decision tree. Yet not all eventualities can be foreseen. Also, any practical decision model must limit the state space rather severely. In this way the standard paradigm excludes not only Schumpeter’s ideas regarding entrepreneurship, innovation and development, but also Shackle’s «unexpected events». This paper proposes an alternative approach using ‘decision jungles’ with an evolving state space.","PeriodicalId":38602,"journal":{"name":"History of Economic Ideas","volume":"15 1","pages":"1000-1017"},"PeriodicalIF":0.0,"publicationDate":"2007-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66638404","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: 7
Merchants, Master-Manufacturers and Greedy People : a Review of McCloskey's The Bourgeois Virtues. 商人、制造大师与贪婪之人:麦克洛斯基《资产阶级美德》述评
History of Economic Ideas Pub Date : 2007-01-01 DOI: 10.1400/86425
S. Cremaschi
{"title":"Merchants, Master-Manufacturers and Greedy People : a Review of McCloskey's The Bourgeois Virtues.","authors":"S. Cremaschi","doi":"10.1400/86425","DOIUrl":"https://doi.org/10.1400/86425","url":null,"abstract":"A review essay on Deirdre N. McCloskey, The Bourgeois Virtues. Ethics for an Age of Commerce, Chicago and London, The University of Chicago Press, 2006, pp. 616.","PeriodicalId":38602,"journal":{"name":"History of Economic Ideas","volume":"15 1","pages":"1000-1012"},"PeriodicalIF":0.0,"publicationDate":"2007-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66640027","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
Schumpeter and Evolution : A Philosophical Interpretation 熊彼特与进化论:哲学解读
History of Economic Ideas Pub Date : 2007-01-01 DOI: 10.1400/76919
Y. Shionoya
{"title":"Schumpeter and Evolution : A Philosophical Interpretation","authors":"Y. Shionoya","doi":"10.1400/76919","DOIUrl":"https://doi.org/10.1400/76919","url":null,"abstract":"Schumpeter’s vision of evolutionary economics was to be developed as a comprehensive sociology or a universal social science. His fundamental ideas consisted of ?. innovation based on the typology of man, 2. unity of social life, and 3. development. The recent conception of Neo-Schumpeterian Economics focusing on technological innovation suffers from the lack of sociological perspective and of philosophical foundation. This paper proposes to examine the philosophical basis of Schumpeter’s evolutionary economics in light of the debate between analytical philosophy and Continental philosophy and characterizes his deviation from mainstream economics in terms of historicism and romanticism.","PeriodicalId":38602,"journal":{"name":"History of Economic Ideas","volume":"15 1","pages":"1000-1016"},"PeriodicalIF":0.0,"publicationDate":"2007-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66638654","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
Alfred Marshall and the General Theory of Evolutionary Economics 阿尔弗雷德·马歇尔与进化经济学通论
History of Economic Ideas Pub Date : 2007-01-01 DOI: 10.1400/76920
J. Metcalfe
{"title":"Alfred Marshall and the General Theory of Evolutionary Economics","authors":"J. Metcalfe","doi":"10.1400/76920","DOIUrl":"https://doi.org/10.1400/76920","url":null,"abstract":"In this essay I shall try to assess anew Alfred Marshall’s writing on economic change and the theory of value from the perspective of evolutionary economics. My competing claim is that Marshall’s two great works, Principles of Economics and Industry and Trade, locate him as a major figure in a thread of evolutionary reasoning that explores the restless, dynamic nature of modern capitalism, a thread that begins with Adam Smith and leads on through Marx to Schumpeter and Hayek. To decide on the veracity of this hypothesis will take far more effort than is reflected here but my purpose is simply to begin to state a case.","PeriodicalId":38602,"journal":{"name":"History of Economic Ideas","volume":"15 1","pages":"81-110"},"PeriodicalIF":0.0,"publicationDate":"2007-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66638695","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: 23
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