Money and Markets: Essays in Honor of Leland B. Yeager

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ReferencesThe genesis of an idea 141Abel, Andrew and Ben S. Bernanke (2005). Macroeconomics, 5th edn. New York: Addison-Wesley.Blaug, Mark (1978). Economic Theory in Retrospect, 3rd edn. Cambridge: Cambridge UniversityPress.Davidson, Paul (2002). Financial Markets, Money and the Real World, Ch. 4. Cheltenham:Edward Elgar.Garrison, Roger (2001). Time and Money: The Macroeconomics of Capital Structure. London andNew York: Routledge.Hazlitt, Henry (1983). The Critics of Keynesian Economics. Lanham, MD: University Press.Hume, David (1970 [1752]). Of Money. In Eugene Rotwein (ed.) David Hume: Writings onEconomics. Madison, WI: The University of Wisconsin Press.Keynes, John Maynard (1965 [1936]). The General Theory of Employment, Interest and Money.New York: Harbinger (Harcourt, Brace).Lewin, Peter (1999). Capital in Disequilibrium: The Role of Capital in a Changing World. Londonand New York: Routledge.Malthus, Thomas (1952 [1821]). Letter of Malthus to Ricardo, 16 July, 1821. In Piero Sraffa(ed.) The Works and Correspondence of David Ricardo, Vol. IX. Cambridge: CambridgeUniversity Press for the Royal Economic Society.Mankiw, Gregory (2000). Macroeconomics, 4th edn. New York: Worth Publishers.Mill, John Stuart (1983 [1844]). On the Influence of Consumption on Production. In HenryHazlitt, The Critics of Keynesian Economics. Lanham, MD: University Press. Originallypublished in Mill, John Stuart (1844). Essays on Some Unsettled Questions in Political Economy.Mill, John Stuart (1965 [1848]). Principles of Political Economy with Some of Their Applications toSocial Philosophy. Toronto: University of Toronto Press.Mitchell, Wesley Clair (1913). Business Cycles. Berkeley, CA: University of California Press.Ricardo, David (1951 [1817]). Effects of Accumulation on Profits and Interest. Ch. XXI, inThe Principles of Political Economy and Taxation. In Piero Sraffa (ed.) The Works and Correspondenceof David Ricardo, Vol. I. Cambridge: Cambridge University Press for the RoyalEconomic Society.Ricardo, David (1952 [1821]). Letter of Ricardo to Thomas Malthus, 21 July, 1821. In PieroSraffa (ed.) The Works and Correspondence of David Ricardo, Vol. IX. Cambridge: CambridgeUniversity Press for the Royal Economic Society.Sagan, Carl (1980). Cosmos. New York: Random House.Say, J.B. (1983 [1803]). Of the Demand or Market for Products. In Henry Hazlitt, The Criticsof Keynesian Economics. Lanham, MD: University Press. Originally published in English inA Treatise on Political Economy, 1832. Originally published in French in 1803 in Traited’Economie Politique.Skidelsky, Robert (1994). [Interview with] Robert Skidelsky. In Brian Snowdon, Howard R.Vane and Peter Wynarczyk (1994). A Modern Guide to Macroeconomics: An Introduction toCompeting Schools of Thought. Aldershot: Edward Elgar, pp. 79–88.Smith, Adam (1937 [1776]). An Inquiry into the Nature and Causes of the Wealth of Nations. Editedwith an introduction and notes by Edwin Cannan. New York: Modern Library.Snowdon, Brian, Howard R.Vane and Peter Wynarczyk (1994). A Modern Guide to Macroeconomics:An Introduction to Competing Schools of Thought. Aldershot: Edward Elgar.Stiglitz, Joseph E. (1993). Economics. New York: W. W. Norton.Warburton, Clark (1951). The Misplaced Emphasis in Contemporary Business-FluctuationTheory. In Depression, Inflation, and Monetary Policy: Selected Papers, 1945–1953. Baltimore,
142 Michael R. MontgomeryMD: The Johns Hopkins Press, pp. 73–102. Reprinted with minor revisions fromReadings in Monetary Theory (Philadelphia: Blakiston, 1951). Originally published in Journalof Business, XIX: 4 (October 1946).Yeager, Leland B. (1973). The Keynesian Diversion. In The Fluttering Veil: Essays on MonetaryDisequilibrium. Indianapolis, IN: Liberty Fund, 1997, pp. 199–216. Originally publishedin the Western Economic Journal, 11(June 1973): 150–63.Yeager, Leland B. (1993). The Keynesian Heritage in Economics. In Walter Allan (ed.) ACritique of Keynesian Economics. London: St. Martin’s Press in association with the Institutefor Economic Affairs.Yeager, Leland B. (1997a). The Fluttering Veil: Essays on Monetary Disequilibrium. Indianapolis,IN: Liberty Fund. Edited and with an Introduction by George Selgin.Yeager, Leland B. (1997b) New Keynesians and Old Monetarists. In The Fluttering Veil: Essayson Monetary Disequilibrium. Indianapolis, IN: Liberty Fund, pp. 281–302.Yeager, Leland B. (1999). Should Austrians Scorn General-Equilibrium Theory? Review ofAustrian Economics, II(1/2): 19–30.
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Money and MarketsIn recent decades,
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The Cultural Foundations ofEconomic
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First published 2006by Routledge2 P
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viiiContents9 The genesis of an ide
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ContributorsJürgen G. Backhaus is
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Preface and acknowledgmentsLeland B
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1 A zeal for truthRoger KopplIf the
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A zeal for truth 3kind of decision-
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A zeal for truth 5and attributes to
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A zeal for truth 7“30 years to th
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A zeal for truth 9I have a $10 bank
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A zeal for truth 11conversation, Ye
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A zeal for truth 13a market economy
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A zeal for truth 15of “approval o
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A zeal for truth 17to offer about e
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A zeal for truth 19Klappholz, K. an
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2 The Yeager mystiqueA profile of t
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The Yeager mystique 23students bent
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The Yeager mystique 25Yeager’s pe
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The Yeager mystique 27none, but not
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The Yeager mystique 29demeanor coul
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The Yeager mystique 31wanted to cou
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The Yeager mystique 33The common id
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The Virginia renaissance in politic
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4 LelandA personal appreciationGord
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Leland, a personal appreciation 47I
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Monopoly politics and its unsurpris
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Good ideas and bad regressions 67I
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Good ideas and bad regressions 69am
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Good ideas and bad regressions 71
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Good ideas and bad regressions 73ap
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Good ideas and bad regressions 75Le
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Good ideas and bad regressions 772.
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Good ideas and bad regressions 79pa
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Good ideas and bad regressions 81th
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7 Pluralism, formalism, andAmerican
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Pluralism, formalism, and American
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Page 106 and 107: Pluralism, formalism, and American
Page 114 and 115: 8 Leland’s favorite economists *J
Page 116 and 117: Figure 8.1 The “Genealogical Tabl
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Page 134 and 135: circumstances and even acts of will
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Page 142 and 143: The genesis of an idea 127Stuart Mi
Page 144 and 145: The genesis of an idea 129suggest t
Page 146 and 147: The genesis of an idea 131macroecon
Page 148 and 149: The genesis of an idea 133value. Hi
Page 150 and 151: The genesis of an idea 135half of m
Page 152 and 153: The genesis of an idea 137Unsettled
Page 154 and 155: The genesis of an idea 1398 “M. S
Page 158 and 159: 10 The macroeconomics of money,savi
Page 160 and 161: The macroeconomics of money, saving
Page 162 and 163: The macroeconomics of money, saving
Page 164 and 165: Mr. YeagerThe macroeconomics of mon
Page 166 and 167: 11 No-name moneyMaria Minniti and L
Page 168 and 169: No-name money 153many political lea
Page 170 and 171: No-name money 155consultants, who f
Page 172 and 173: No-name money 157bank chose the one
Page 174 and 175: No-name money 159While inflation in
Page 176 and 177: No-name money 161was reinforced by
Page 178 and 179: No-name money 163private ownership,
Page 180 and 181: No-name money 165Mencinger, Joze (1
Page 182 and 183: Monetary disequilibrium theory and
Page 202 and 203: Reflections on reswitching and roun
Page 204 and 205: Reflections on reswitching and roun
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Reflections on reswitching and roun
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14 Leland Yeager’s utilitarianism
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Leland Yeager’s utilitarianism as
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15 Ethnic conflict and theeconomics
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Ethnic conflict and the economics o
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NotesEthnic conflict and the econom
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The legacy of Bismarck 243War, the
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The legacy of Bismarck 245people wo
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The legacy of Bismarck 247system, b
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The legacy of Bismarck 249Old age i
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IndexAckley, G., Macroeconomic Theo
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Marshall, A.: approach to economics
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concerns 10-11, 150; monetarydisequ
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