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Oscar Halecki's Idea of Europe: A Tribute 奥斯卡-哈勒基的 "欧洲理念"：致敬
History of Economic Thought and Policy Pub Date : 2024-01-01 DOI: 10.3280/spe2023-002005
Antonio Magliulo
{"title":"Oscar Halecki's Idea of Europe: A Tribute","authors":"Antonio Magliulo","doi":"10.3280/spe2023-002005","DOIUrl":"https://doi.org/10.3280/spe2023-002005","url":null,"abstract":"Oscar Halecki (1891-1973) was one of the leading historian who investigated Europe as a distinct supranational community supporting a model of federalism to govern it. This note aims to retrieve Halecki's idea of Europe on the fiftieth anniversary of his death.","PeriodicalId":40401,"journal":{"name":"History of Economic Thought and Policy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140527318","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
Richard Lipsey and the "Tyranny" of a Unique Labour Market Equilibrium 理查德-利普西与独特劳动力市场均衡的 "暴政
History of Economic Thought and Policy Pub Date : 2024-01-01 DOI: 10.3280/spe2023-002001
Antonella Palumbo
{"title":"Richard Lipsey and the \"Tyranny\" of a Unique Labour Market Equilibrium","authors":"Antonella Palumbo","doi":"10.3280/spe2023-002001","DOIUrl":"https://doi.org/10.3280/spe2023-002001","url":null,"abstract":"The article discusses Richard Lipsey's (2000a, 2000b, 2010, 2016) criticism of the uniqueness of the macroeconomic equilibrium at constant inflation postulated by new-classical macroeconomic models. Lipsey's position is analysed in the light of his early contribution to the debate on the Phillips curve (Lipsey 1960). There, as later, Lipsey's argument rests on the assumption that the labour market, though characterised by a unique demand-and-supply equilibrium, may persist in disequilibria in the long run. Such proposition is discussed critically. Lipsey's analysis can be seen as a clear expression of the fundamental theoretical difficulty in reconciling Keynesian macroeconomic analysis with the neoclassical postulates.","PeriodicalId":40401,"journal":{"name":"History of Economic Thought and Policy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140520772","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
How the Cryptocurrency Discourse is Changing: A Textual Analysis 加密货币话语如何变化？文本分析
History of Economic Thought and Policy Pub Date : 2024-01-01 DOI: 10.3280/spe2023-002002
Gianfranco Tusset
{"title":"How the Cryptocurrency Discourse is Changing: A Textual Analysis","authors":"Gianfranco Tusset","doi":"10.3280/spe2023-002002","DOIUrl":"https://doi.org/10.3280/spe2023-002002","url":null,"abstract":"The paper aims to retrace the academic discourse on cryptocurrencies from 2015 to 2022 by treating it as a lexical unicum that evolves over time. The purpose is to understand what themes have emerged and how they have changed the discourse on cryptocurrencies. We used a three-step methodology. The first consists of text mining that allows us to create, from 1057 academic articles on the subject, the matrix containing the frequencies of words/n-grams. In a second step, lexical analysis is enriched by correspondence analysis, a useful tool to measure the \"distance\" and evolution of academic discourse and to identify significant content discontinuity. Finally, the causal analysis addresses the ultimate goal of understanding whether it is possible to define future developments in the cryptocurrency discourse, whether it will absorb instances from outside or remain focused on the prevailing themes to date. The identification and application of a method to analyze the evolution of the cryptocurrency discourse allowed us to distinguish at least two distinct phases characterized by specific content and cryptocurrencies.","PeriodicalId":40401,"journal":{"name":"History of Economic Thought and Policy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140517119","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 Modernity of Keynesian Thinking on Economic Policy from an Institutional Perspective 从制度角度看凯恩斯经济政策思想的现代性
History of Economic Thought and Policy Pub Date : 2024-01-01 DOI: 10.3280/spe2023-002004
A. Morselli
{"title":"The Modernity of Keynesian Thinking on Economic Policy from an Institutional Perspective","authors":"A. Morselli","doi":"10.3280/spe2023-002004","DOIUrl":"https://doi.org/10.3280/spe2023-002004","url":null,"abstract":"The objective of the paper concerns the analysis of Keynesian thinking on economic policy from an institutional perspective, since Keynes ignores both institutions and the possibility that a modification of them might change the way expectations are formed. Specifically, the relationship between expectations and economic activity will be examined, taking into consideration the concept of an agent formulating expectations. It will be emphasised how an institutional orientation can help the application of Keynesian economic policies by setting aside individualistic and psychological principles, on which Keynesian thinking is based, and incorporating an institutional and historical examination of political and economic institutions into expectations. This represents an attempt to incorporate the institutional dimension into Keynesian doctrine to strengthen it, without placing the individual at the core of the analysis. For example, the issue of the rigidity of monetary wages highlighted by Keynes in chapter seventeen of the General Theory will be interpreted from an institutional perspective. Indeed, rigidities and customary practices are important in reducing uncertainty and promoting efficient decision-making. It is precisely on uncertainty that individuals acquire knowledge based on their involvement in social practices and observation of the habits that form the structure of social and economic life.","PeriodicalId":40401,"journal":{"name":"History of Economic Thought and Policy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140519434","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
A Critical Note on Ricardo's views on Absolute and Relative Value in terms of Labor Values 李嘉图关于劳动价值的绝对值和相对值观点的批判性说明
History of Economic Thought and Policy Pub Date : 2024-01-01 DOI: 10.3280/spe2023-002003
Miguel D. Ramirez
{"title":"A Critical Note on Ricardo's views on Absolute and Relative Value in terms of Labor Values","authors":"Miguel D. Ramirez","doi":"10.3280/spe2023-002003","DOIUrl":"https://doi.org/10.3280/spe2023-002003","url":null,"abstract":"This note examines Ricardo's views on absolute and relative value in terms of the labor theory of value. It discusses why Ricardo viewed the construction of a standard of value capable of measuring changes in the absolute value of commodities as critical to understanding the division of the national product among the main contending classes in a competitive capitalist economy. The paper also highlights the shortcomings of Ricardo's proposed standard measure of value – one that would challenge and confound him all his life.","PeriodicalId":40401,"journal":{"name":"History of Economic Thought and Policy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140520990","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
Defining Storia dell'economia. Is there a Storia dell'economia and what is it? An introduction Storia dell'economia 的定义。是否有《经济史》，它是什么？简介
History of Economic Thought and Policy Pub Date : 2024-01-01 DOI: 10.3280/spe2023-002006
Fabio Masini, Fabrizio Bientinesi, M. Mosca, Nicola Giocoli, Antonio Magliulo, Angela Orlandi, Giuseppe De Luca, D. Felisini, Michelangelo Vasta
{"title":"Defining Storia dell'economia. Is there a Storia dell'economia and what is it? An introduction","authors":"Fabio Masini, Fabrizio Bientinesi, M. Mosca, Nicola Giocoli, Antonio Magliulo, Angela Orlandi, Giuseppe De Luca, D. Felisini, Michelangelo Vasta","doi":"10.3280/spe2023-002006","DOIUrl":"https://doi.org/10.3280/spe2023-002006","url":null,"abstract":"","PeriodicalId":40401,"journal":{"name":"History of Economic Thought and Policy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140525721","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
New paths in the history of economic thought: A History of European Economic Thought by Antonio Magliulo 经济思想史的新路径：安东尼奥-马廖洛著《欧洲经济思想史
History of Economic Thought and Policy Pub Date : 2024-01-01 DOI: 10.3280/spe2023-002007
Fabrizio Bientinesi
{"title":"New paths in the history of economic thought: A History of European Economic Thought by Antonio Magliulo","authors":"Fabrizio Bientinesi","doi":"10.3280/spe2023-002007","DOIUrl":"https://doi.org/10.3280/spe2023-002007","url":null,"abstract":"","PeriodicalId":40401,"journal":{"name":"History of Economic Thought and Policy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140521987","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
Louis Brandeis - Founding Father of Modern-Day Antitrust? 路易斯·布兰代斯——现代反托拉斯之父?
History of Economic Thought and Policy Pub Date : 2023-05-01 DOI: 10.3280/spe2023-001001
Manuel Wörsdörfer
{"title":"Louis Brandeis - Founding Father of Modern-Day Antitrust?","authors":"Manuel Wörsdörfer","doi":"10.3280/spe2023-001001","DOIUrl":"https://doi.org/10.3280/spe2023-001001","url":null,"abstract":"The recent ‘big tech and antitrust' discourse in the U.S. and abroad is primarily dominated by references to Louis D. Brandeis and the so-called New Brandeis move- ment, also known as ‘hipster antitrust.' While it is laudable that many researchers - and politicians - acknowledge and recognize the work of Brandeis, it is also a missed opportunity to refer to him en passant and not investigate his socio-political philos- ophy in more depth. This paper attempts to fill this gap in the academic literature and evaluate Brandeis' achievements and (theoretical) shortcomings from a history of economic and legal thought perspective. It does so by taking a closer look at the life and work of Brandeis and analyzing his socio-economic and legal philosophy. Furthermore, the paper addresses the question of which lessons can be drawn from his work and how it could inspire today's political discourse(s).","PeriodicalId":40401,"journal":{"name":"History of Economic Thought and Policy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135338109","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
Market Failures and Multi-layered Collective Action. US Economic Debates 市场失灵与多层次集体行动。美国经济辩论
History of Economic Thought and Policy Pub Date : 2023-05-01 DOI: 10.3280/spe2023-001003
Fabio Masini, Albertina Nania
{"title":"Market Failures and Multi-layered Collective Action. US Economic Debates","authors":"Fabio Masini, Albertina Nania","doi":"10.3280/spe2023-001003","DOIUrl":"https://doi.org/10.3280/spe2023-001003","url":null,"abstract":"The paper reconstructs the debates in the USA about economic theorizing and policymaking advisory concerning a multi-layered system of governments. Beyond apparent similarities, it highlights the ontological divides between Ostrom-Tiebout- Warren on polycentric governance and Buchanan on competitive federalism on the one side, and Musgrave's and Olson's fiscal federalism. It further underlines how such divides - concerning the relative role of individuals, markets, collective author- ities, and social order - echoed similar debates in Europe related to a multi-layered economic system, again depending mostly on different ontological assumptions.","PeriodicalId":40401,"journal":{"name":"History of Economic Thought and Policy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41995764","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
Facing Stagflation in the Seventies in Italy: Fausto Vicarelli's Economic Policy Proposals 意大利面临70年代滞胀：福斯托·维卡雷利的经济政策建议
History of Economic Thought and Policy Pub Date : 2023-05-01 DOI: 10.3280/spe2023-001002
Giovanni Michelagnoli
{"title":"Facing Stagflation in the Seventies in Italy: Fausto Vicarelli's Economic Policy Proposals","authors":"Giovanni Michelagnoli","doi":"10.3280/spe2023-001002","DOIUrl":"https://doi.org/10.3280/spe2023-001002","url":null,"abstract":"This paper surveys Vicarelli's economic policy proposals. We begin by offering brief contextual sketches and later examine the flaws in the \"neoclassical synthesis\" approach in accounting for stagflation. By first recognizing the inadequacy of the traditional approach at the heuristic-interpretative level, we then recall the policy proposals suggested by Vicarelli in order to foster the accumulation process. As will be pointed out, these were useful tools in restoring and enhancing the state of confi- dence as well as the marginal efficiency of capital. We conclude that Vicarelli leans towards a sort of \"return to Keynes\" in considering institutional engineering solu- tions in the context of a monetary production economy, whose functioning is af- fected by complex interaction mechanisms and systemic uncertainty.","PeriodicalId":40401,"journal":{"name":"History of Economic Thought and Policy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47336054","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
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