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A. C. Pigou’s rejection of Pareto’s law

Michael McLure.

in Cambridge Journal of Economics

July 2013; p ublished online October 2012 .

Journal Article. Subjects: Welfare and Poverty; Individual Economists; History of Economic Thought (to 1925). 6997 words.

In Pigou’s Wealth and Welfare, as well as in each of the four editions of his The Economics of Welfare, one chapter is dedicated entirely to the critical assessment, and ultimate rejection,...

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Accumulation of knowledge and accumulation of capital in early ‘theories’ of growth and development

Renee Prendergast.

in Cambridge Journal of Economics

May 2010; p ublished online March 2009 .

Journal Article. Subjects: Technological Change; Research and Development; Economic Development; History of Economic Thought (to 1925). 10905 words.

This paper argues that prior to Adam Smith economic progress was largely conceived as being based on the accumulation of knowledge. The development by Turgot and Smith of a concept of...

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Adam Smith on markets, competition and violations of natural liberty

Heinz D. Kurz.

in Cambridge Journal of Economics

March 2016; p ublished online March 2015 .

Journal Article. Subjects: History of Economic Thought (to 1925); History of Economic Thought (1925 onwards); Information, Knowledge, and Uncertainy; Market Structure and Pricing; Economics; Financial Regulation. 12976 words.

According to Adam Smith, markets and trade are, in principle, good things—provided there is competition and a regulatory framework that prevents ruthless selfishness, greed and rapacity...

Adam Smith’s ‘History of Astronomy’ and view of science

Kwangsu Kim.

in Cambridge Journal of Economics

July 2012; p ublished online February 2012 .

Journal Article. Subjects: Individual Economists; Economic Methodology; History of Economic Thought (to 1925). 13951 words.

This paper aims to clarify Adam Smith’s view of science that has been found in his capacity as a historian or philosopher of science. It is shown that Smith assesses scientific activities...

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Anglo-Saxon vs Continental Scholarship: On Critical Editions of Economic Classics

Giancarlo de Vivo.

in Contributions to Political Economy

June 2007; p ublished online June 2007 .

Journal Article. Subjects: History of Economic Thought (to 1925); Economic Methodology. 5335 words.

The present paper discusses different editions of economic classics, in particular focusing on the recent edition of the economic works of François Quesnay, published by the Paris Institut...

The autonomisation of abstract wealth: new insights on the labour theory of value

Tomas Nielsen Rotta and Rodrigo Alves Teixeira.

in Cambridge Journal of Economics

July 2016; p ublished online June 2015 .

Journal Article. Subjects: Economic Methodology; History of Economic Thought (to 1925); History of Economic Thought (1925 onwards). 9345 words.

We theorise the forms of value in the Marxist system in a way that challenges the dominant tradition. The standard procedure has been to read Marx’s Capital as an analysis that...

CANTILLON IN FRENCH AND ENGLISH. TWO EDITIONS BY RICHARD VAN DEN BERG AND ANTOIN E. MURPHY: NEW FACTS AND HYPOTHESES

Gabriel Sabbagh.

in Contributions to Political Economy

June 2016; p ublished online July 2016 .

Journal Article. Subjects: History of Economic Thought (to 1925); Individual Economists. 20049 words.

The publication of a critical edition by Richard van den Berg (RvdB) of Richard Cantillon's famous 1755 Essai sur la nature du commerce en général, which provides a remarkably detailed...

A comment on Nathan Rosenberg’s question: “Was Schumpeter a Marxist?”

Louis Galambos.

in Industrial and Corporate Change

August 2011; p ublished online July 2011 .

Journal Article. Subjects: History of Economic Thought (1925 onwards); History of Economic Thought (to 1925). 1772 words.

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COMPETITION VERSUS PROPERTY RIGHTS: AMERICAN ANTITRUST LAW, THE FREIBURG SCHOOL, AND THE EARLY YEARS OF EUROPEAN COMPETITION POLICY

Nicola Giocoli.

in Journal of Competition Law & Economics

December 2009; p ublished online February 2009 .

Journal Article. Subjects: Antitrust Issues and Policies; History of Economic Thought (1925 onwards); History of Economic Thought (to 1925). 18279 words.

This paper investigates the influence of the American antitrust tradition on the foundation and early years of European competition policy. Four main propositions summarize my argument made...

The Constitution and Nature of Money

Tony Lawson.

in Cambridge Journal of Economics

April 2018; p ublished online April 2018 .

Journal Article. Subjects: General Economics; History of Economic Thought; History of Economic Thought (to 1925); History of Economic Thought (1925 onwards); Individual Economists; Economic Methodology; Economic History; Economic Systems; Capitalist Systems. 14631 words.

Abstract

I take the opportunity to elaborate and clarify the positioning theory of money in response to the critique of it provided by Geoffrey Ingham.

Contextual political economy, not Whig economics

Amiya Kumar Bagchi.

in Cambridge Journal of Economics

May 2014; p ublished online October 2013 .

Journal Article. Subjects: Technological Change; Research and Development; Macroeconomics and Monetary Economics; Growth and Fluctuations; History of Economic Thought (to 1925). 10223 words.

The paper has three objectives. First, it seeks to resuscitate a methodology of the history of economic thought that takes account of the problem-solving efforts of political economists...

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A critical assessment of transaction cost theory and governance of public services with special reference to water and sanitation

Hulya Dagdeviren and Simon A. Robertson.

in Cambridge Journal of Economics

November 2016; p ublished online January 2016 .

Journal Article. Subjects: History of Economic Thought (to 1925); Publicly Provided Goods; Public Economics; Nonprofit Organizations and Public Enterprise; Energy and Utilities. 10222 words.

This paper aims to provide a critical assessment of Oliver Williamson’s work on the choice between public and private governance by focusing on his central proposition that public...

Critical realism and Russian economics

Soltan Dzarasov.

in Cambridge Journal of Economics

November 2010; p ublished online November 2009 .

Journal Article. Subjects: Individual Economists; Economic Methodology; History of Economic Thought (to 1925). 8271 words.

The current state of development of critical realism in the west mirrors the methodology developed by the Tsagalov School at Moscow State University in the 1960s. Each draws its inspiration...

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Currency depreciation and the monetary adjustment process: reconsidering Lord King’s contributions

Joseph T Salerno and Carmen Elena Dorobat.

in Oxford Economic Papers

July 2018; p ublished online September 2017 .

Journal Article. Subjects: History of Economic Thought (to 1925); Money and Interest Rates; Monetary Policy, Central Banking, and the Supply of Money and Credit. 10566 words.

Abstract

This paper investigates Lord King’s contributions in light of the renewed debate on international monetary policy coordination. We argue that King’s...

D. Stewart and J. R. McCulloch: economic methodology and the making of orthodoxy

Shin Kubo.

in Cambridge Journal of Economics

July 2014; p ublished online November 2013 .

Journal Article. Subjects: Economic Methodology; History of Economic Thought (to 1925). 11252 words.

This article sets out to elucidate how economic methodology relates to the making of what came to be seen as orthodox in the emerging discipline of political economy, focussing on two...

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Debt as Money

Tony Lawson.

in Cambridge Journal of Economics

July 2018; p ublished online July 2018 .

Journal Article. Subjects: General Economics; History of Economic Thought; History of Economic Thought (to 1925); History of Economic Thought (1925 onwards); Individual Economists; Economic Methodology; Economic History; Economic Systems; Capitalist Systems. 10836 words.

Abstract

Money is positioned bank debt. This is a thesis I have previously defended in this journal. In the current paper, I elaborate the thesis and provide...

Dewey on habit, character, order and reform

Stephen Pratten.

in Cambridge Journal of Economics

July 2015; p ublished online June 2015 .

Journal Article. Subjects: Individual Economists; Economic Methodology; History of Economic Thought (1925 onwards); History of Economic Thought (to 1925). 13237 words.

Does Dewey’s account of social reality acknowledge sufficiently its practical dimensions or does his notion of social structure, like Veblen’s, remain ultimately ideational or mentalistic?...

The disappearance of cooperatives from economics textbooks

Panu Kalmi.

in Cambridge Journal of Economics

July 2007; p ublished online April 2007 .

Journal Article. Subjects: History of Economic Thought (1925 onwards); Capitalist Systems; Economic Education and Teaching of Economics; History of Economic Thought (to 1925). 9664 words.

Discussion of cooperatives abounded in early twentieth century economics textbooks, but is virtually absent from their modern counterparts. In this paper, I assemble a dataset of economics...

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Do spinoff dynamics or agglomeration externalities drive industry clustering? A reappraisal of Steven Klepper’s work

Ron Boschma.

in Industrial and Corporate Change

August 2015; p ublished online June 2015 .

Journal Article. Subjects: Urban, Rural, and Regional Economics; Economic Methodology; Economic Development; History of Economic Thought (to 1925). 10176 words.

Steven Klepper’s theory of industry clustering based on organizational reproduction and inheritance through spinoffs challenged the Marshallian view on industry clustering. This article...

Don’t treat too ill my Piero! Interpreting Sraffa's papers

Heinz D. Kurz.

in Cambridge Journal of Economics

November 2012; p ublished online December 2012 .

Journal Article. Subjects: General Economics; History of Economic Thought (1925 onwards); Microeconomics; Production and Organizations; General Equilibrium and Disequilibrium; Individual Economists; History of Economic Thought (to 1925). 22057 words.

In this comment I scrutinise critically some of the views put forward in this Special Issue on Sraffa’s research programme, his accomplishments, and the relationship of his analysis to the...

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