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History of Economic Thought and Policy最新文献

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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":"38 10S 1","pages":"0"},"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":"1 1","pages":""},"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":" ","pages":""},"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
The Impossibility of a Paretian (Il)liberal. A Historical Review Around Sen's Liberalism (1970-1996) Paretian（Il）自由主义者的不可能。关于森自由主义的历史回顾（1970-1996）
History of Economic Thought and Policy Pub Date : 2023-05-01 DOI: 10.3280/spe2023-001004
Valentina Erasmo
{"title":"The Impossibility of a Paretian (Il)liberal. A Historical Review Around Sen's Liberalism (1970-1996)","authors":"Valentina Erasmo","doi":"10.3280/spe2023-001004","DOIUrl":"https://doi.org/10.3280/spe2023-001004","url":null,"abstract":"This paper provides a historical review of the two main debates around Sen's liberalism between the Seventies and the Nineties since his \"The Impossibility of a Paretian Liberal2 (1970). The first debat was published in the Journal of Political Economy and included several contributions, such as those of Hillinger and Lapham (1971), Sen's reply to Hillinger and Lapham (1971) and Ng (1971). The second de- bate appeared in Analyse & Kritik and includes the contributions of Buchanan (1996), and Mueller (1996), along with Sen's reply (1996). This analysis is histori- cally relevant because it offers the opportunity to explore both the evolution of the main critiques on: Sen's liberalism and Sen's replies within these 25 years. The most important observation of this paper is that these different perspectives, elaborated in different historical moments, reached the same conclusion, namely that Sen's liber- alism is rather \"illiberal\".","PeriodicalId":40401,"journal":{"name":"History of Economic Thought and Policy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45918877","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
Book review 书评
History of Economic Thought and Policy Pub Date : 2022-12-01 DOI: 10.3280/spe2022-002006
A. C. della Redazione
{"title":"Book review","authors":"A. C. della Redazione","doi":"10.3280/spe2022-002006","DOIUrl":"https://doi.org/10.3280/spe2022-002006","url":null,"abstract":"","PeriodicalId":40401,"journal":{"name":"History of Economic Thought and Policy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41724683","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
Redesigning the International Monetary System. Intellectual Influences and the Return of the Special Drawing Rights: An Open Issue 重新设计国际货币体系。智力影响与特别提款权的返还：一个悬而未决的问题
History of Economic Thought and Policy Pub Date : 2022-12-01 DOI: 10.3280/spe2022-002005
Albertina Nania
{"title":"Redesigning the International Monetary System. Intellectual Influences and the Return of the Special Drawing Rights: An Open Issue","authors":"Albertina Nania","doi":"10.3280/spe2022-002005","DOIUrl":"https://doi.org/10.3280/spe2022-002005","url":null,"abstract":"The paper suggests to explore the theoretical and cultural influences on the re-forms made to the International Monetary System since the 1960s, when Triffin's Dilemma \"was apparent for all to see\", as Volcker suggested. Schmelzer argues that \"when Milton Friedman published his article calling for flexible exchange rates in 1953, less than 5 percent of economists around the world shared his view,\" while in the late 1960s, \"about 90 percent of economists did, and they were joined by powerful figures within the government and banking community\". Such con-sensus contributed to strengthening the influence of neoliberal theories not only in the scientific environment of economists, but also and especially in the terrain of the directions taken internationally by political and financial institutions. It is therefore high time to ascertain through an empirical and chronological investigation whether there is any correlation between neoliberal paradigms and the International Monetary Fund's restrictive policy choices regarding the allocations of special drawing rights (the basket currency that was supposed to provide for global liquidity needs), and whether their supporters followed any specific and shared view.","PeriodicalId":40401,"journal":{"name":"History of Economic Thought and Policy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43381990","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
Considerations on the Legacy of Ordoliberalism in European Monetary Policy 对欧洲货币政策中专制主义遗留问题的思考
History of Economic Thought and Policy Pub Date : 2022-12-01 DOI: 10.3280/spe2022-002004
Stefano Figuera, Guglielmo Forges Davanzati, Andrea Pacella
{"title":"Considerations on the Legacy of Ordoliberalism in European Monetary Policy","authors":"Stefano Figuera, Guglielmo Forges Davanzati, Andrea Pacella","doi":"10.3280/spe2022-002004","DOIUrl":"https://doi.org/10.3280/spe2022-002004","url":null,"abstract":"The paper aims to analysis the ordoliberal legacy in European Monetary Policy between 1998 and 2020. What emerges is that although ordoliberal principles were incorporated into the guiding values of the European treaties, they did not play a key role in guiding either the monetary policy strategies fixed in 1998 and 2003 or the ECB interventions implemented between 2011 and 2020 in response to the Great Recession and the sovereign debt crisis. This is basically due to a) the ECB's acceptance of the New Consensus Macroeconomics (NCM) that recognises the endogenous nature of money and its partial non-neutrality, b) the ECB's constant tendency to act discretionally in order to reach different goals.","PeriodicalId":40401,"journal":{"name":"History of Economic Thought and Policy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42078060","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 Genesis and Evolution of the Blue Banana Region 蓝香蕉区的起源与演化
History of Economic Thought and Policy Pub Date : 2022-12-01 DOI: 10.3280/spe2022-002001
Luigi Capoani, Gianluca Bortoletto, Samuele Fratini, Violetta Van Veen, Cristoforo Imbesi
{"title":"The Genesis and Evolution of the Blue Banana Region","authors":"Luigi Capoani, Gianluca Bortoletto, Samuele Fratini, Violetta Van Veen, Cristoforo Imbesi","doi":"10.3280/spe2022-002001","DOIUrl":"https://doi.org/10.3280/spe2022-002001","url":null,"abstract":"This article aims to present a balanced bibliographic review on the genesis of the Blue Banana and its further developments. Different contributions have been collected to obtain a comprehensive picture of the European regional concept from both historical and theoretical perspectives. Besides the review of the litera-ture, this article contributes to the existing research on the Blue Banana with a comprehensive investigation of its current features, including urbanization, infra-structures, labor market, productivity, and competitiveness. These aspects raise significant implications at the EU level in terms of promoting policies aimed at the reduction of disparities among the European regions, whose development strate-gies could be further scrutinized, thus benefiting the continent as a whole.","PeriodicalId":40401,"journal":{"name":"History of Economic Thought and Policy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48763335","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
Norman Edwin Himes's "Eugenics and Democracy: A Call to Action" (1939). The Eugenic Manifesto of a Devote Carverian 诺曼·埃德温·希姆斯的《优生学与民主:行动的呼唤》(1939)。一个虔诚的卡尔维主义者的优生宣言
History of Economic Thought and Policy Pub Date : 2022-12-01 DOI: 10.3280/spe2022-002002
L. Fiorito, Valentina Erasmo
{"title":"Norman Edwin Himes's \"Eugenics and Democracy: A Call to Action\" (1939). The Eugenic Manifesto of a Devote Carverian","authors":"L. Fiorito, Valentina Erasmo","doi":"10.3280/spe2022-002002","DOIUrl":"https://doi.org/10.3280/spe2022-002002","url":null,"abstract":"This note presents an unpublished 1939 address given by the American sociologist and population specialist Norman Edwin Himes on \"Eugenics and Democracy: A Call to Action. Himes's discussion of eugenics and democracy has a two-fold relevance. First, it provides further evidence that among population studies specialists a generalized commitment to eugenics persisted well beyond the era of the so-called Progressive Era and continued throughout the 1930s. Second, Himes's approach reveals an attempt to reformulate a eugenic agenda along \"liberal\" lines, which was intended to distance him from the coercive and racialist approach of his progressive predecessors. Yet, it will be shown, even though Himes seemed to temper the extremism of the earlier movement with sociological and voluntaristic language, there was little actual change in the ultimate goals of his agenda regardless of the apparent switch to democratic eugenics.","PeriodicalId":40401,"journal":{"name":"History of Economic Thought and Policy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42315425","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 Early Invention of the so-called Laffer Curve and the Mathematics of the Progressive Tax in the Italian Tradition 所谓拉弗曲线的早期发明与意大利传统中的累进税数学
History of Economic Thought and Policy Pub Date : 2022-12-01 DOI: 10.3280/spe2022-002003
M. Pomini
{"title":"The Early Invention of the so-called Laffer Curve and the Mathematics of the Progressive Tax in the Italian Tradition","authors":"M. Pomini","doi":"10.3280/spe2022-002003","DOIUrl":"https://doi.org/10.3280/spe2022-002003","url":null,"abstract":"The theories of progressive income taxation developed in the Italian debate of the last century have been discussed in depth in a review article by Domenican-tonio Fausto (2008). Italian economists have taken an active part in the debate on the progressive taxation of income and wealth. In general, despite a few oppo-nents, the idea of progressive taxation is agreed upon for political and social rea-sons. In this broad debate on progressivity developed in Italy, there is also an ana-lytical path that Fausto's article does not consider. The first mathematical contri-bution on this topic was put forward by Tullio Martello in his polemic book against the progressive tax, La progressività in teoria e in pratica (1895). The debate was concluded in the 1950s by a mathematical economist and follower of Pareto, Raf-faele D'Addario. D'Addario is worth considering because he explicitly introduced the revenue curve. The decreasing part is well known today as the Laffer curve.","PeriodicalId":40401,"journal":{"name":"History of Economic Thought and Policy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43226169","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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