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

More documents

Recommendations

Info

Reflections on reswitching and roundaboutness 205resources among the stages of production, cannot be made meaningless by theCambridge polynomials and cannot be marginalized by the neoclassical K.Note* Roger W. Garrison, Professor of Economics at Auburn University in Alabama, is theauthor of Time and Money: The Macroeconomics of Capital Structure (London: Routledge, 2001).Helpful comments on this paper by Roger Koppl, Thomas McQuade, Robert Murphy,Sudha Shenoy, and Sven Thommesen are gratefully acknowledged.ReferencesAckley, Gardner (1961). Macroeconomic Theory. Toronto: Macmillan.Brown, Murray (1967). Substitution-Composition Effects, Capital Intensity Uniqueness andGrowth. Discussion Paper #2. Economic Research Group, State University of NewYork at Buffalo.Burmeister, Edwin (1987). Wicksell Effects. In John Eatwell, Murray Milgate, and PeterNewman (eds.) The New Palgrave Dictionary of Economics, vol. 4. London: Macmillan,pp. 910–12.Cohen, Avi J. and Geoffrey C. Harcourt (2003a). Whatever Happened to the CambridgeCapital Controversies? Journal of Economic Perspectives, 17(1): 199–214.Cohen, Avi J. and Geoffrey C. Harcourt (2003b). Cambridge Capital Controversies:Response from Avi J. Cohen and G. C. Harcourt. Journal of Economic Perspectives, 17(4):232–3.Felipe, Jesus and J.S.L. McCombie (2003). Cambridge Capital Controversies: Comment.Journal of Economic Perspectives, 17(4): 227–8.Ferguson, C.E. (1966). Microeconomic Theory. Homewood, IL: Richard D. Irwin, Inc.Ferguson, C.E. (1975 [1969]). The Neoclassical Theory of Production and Distribution. London:Cambridge University Press.Friedman, M. (1953). The Methodology of Positive Economics. In Essays in PositiveEconomics, Chapter 1. Chicago: University of Chicago Press.Garrison, Roger W. (1979). Waiting in Vienna. In Mario J. Rizzo (ed.) Time, Uncertainty, andDisequilibrium. Lexington, MA: D. C. Heath and Co., pp. 215–26.Greenfield, Robert (2003). Cambridge Capital Controversies: Comment. Journal of EconomicPerspectives, 17(4): 228–9.Hayek, Friedrich A. (1931a). Reflections on the Pure Theory of Money of Mr. J. M. Keynes.Economica, 11(33): 270–95.Hayek, Friedrich A. (1931b). Prices and Production. London: George Routledge and Sons.Hayek, Friedrich A. (1941). The Pure Theory of Capital. Chicago, IL: Chicago UniversityPress.Lachmann, Ludwig M. (1978 [1956]). Capital and its Structure. Kansas City: Sheed, Andrews,and McMeel.Lachmann, Ludwig M. (1986). Austrian Economics Under Fire: The Hayek–Sraffa Duel inRetrospect. In Wolfgang Grassl and Barry Smith (eds.) Austrian Economics: Historical andPhilosophical Background. New York: New York University Press, pp. 225–42.Lewin, Peter (1999). Capital in Disequilibrium: The Role of Capital in a Changing World. London:Routledge.Maddox, Rodney and Michael Carter (1982). A Child’s Guide to Rational Expectations.Journal of Economic Literature, 20(1): 39–51.
206 Roger W. GarrisonRicardo, David (1911 [1817]). On the Principles of Political Economy and Taxation. New York:E. P. Dutton and Co.Robinson, Joan (1975). The Unimportance of Reswitching. Quarterly Journal of Economics,89(1), 32–9.Samuelson, Paul A. (1962). Parable and Realism in Capital Theory: A Surrogate ProductionFunction. Review of Economic Studies, 29(3): 193–206.Samuelson, Paul A. (1966a). A Summing Up. Quarterly Journal of Economics, 80(4): 568–83.Samuelson, Paul A. (1966b). Rejoinder: Agreements, Disagreements, Doubts, and the Caseof Induced Harrod-Neutral Technical Change. Review of Economics and Statistics, 48(4):444.Sraffa, Piero (1932). Dr. Hayek on Money and Capital. Economic Journal, 42(165): 42–3.Sraffa, Piero (1960). Production of Commodities by Means of Commodities. Cambridge: CambridgeUniversity Press.Uhr, Carl G. (1960). Economic Doctrines of Knut Wicksell. Los Angeles, CA: University ofCalifornia Press.Walsh, Vivian and Harvey Gram (1980). Classical and Neoclassical Theories of General Equilibrium:Historical Origins and Mathematical Structure. Oxford: Oxford University Press.Wicksell, Knut (1934 [1911]) Lectures on Political Economy, vol. 1. London: George Routledgeand Sons.Yeager, Leland B. (1976). Toward Understanding Some Paradoxes in Capital Theory.Economic Inquiry, 14(3): 313–46.Yeager, Leland B. (1979). Capital Paradoxes and the Concept of Waiting. In Mario J. Rizzo(ed.) Time, Uncertainty, and Disequilibrium. Lexington, MA: D. C. Heath and Co., pp.187–214.
Page 2 and 3:
Money and MarketsIn recent decades,
Page 4:
The Cultural Foundations ofEconomic
Page 7 and 8:
First published 2006by Routledge2 P
Page 9 and 10:
viiiContents9 The genesis of an ide
Page 12 and 13:
ContributorsJürgen G. Backhaus is
Page 14 and 15:
Preface and acknowledgmentsLeland B
Page 16 and 17:
1 A zeal for truthRoger KopplIf the
Page 18 and 19:
A zeal for truth 3kind of decision-
Page 20 and 21:
A zeal for truth 5and attributes to
Page 22 and 23:
A zeal for truth 7“30 years to th
Page 24 and 25:
A zeal for truth 9I have a $10 bank
Page 26 and 27:
A zeal for truth 11conversation, Ye
Page 28 and 29:
A zeal for truth 13a market economy
Page 30 and 31:
A zeal for truth 15of “approval o
Page 32 and 33:
A zeal for truth 17to offer about e
Page 34 and 35:
A zeal for truth 19Klappholz, K. an
Page 36 and 37:
2 The Yeager mystiqueA profile of t
Page 38 and 39:
The Yeager mystique 23students bent
Page 40 and 41:
The Yeager mystique 25Yeager’s pe
Page 42 and 43:
The Yeager mystique 27none, but not
Page 44 and 45:
The Yeager mystique 29demeanor coul
Page 46 and 47:
The Yeager mystique 31wanted to cou
Page 48 and 49:
The Yeager mystique 33The common id
Page 50 and 51:
The Virginia renaissance in politic
Page 52 and 53:
Page 54 and 55:
Page 56 and 57:
Page 58 and 59:
Page 60 and 61:
4 LelandA personal appreciationGord
Page 62 and 63:
Leland, a personal appreciation 47I
Page 64 and 65:
Monopoly politics and its unsurpris
Page 66 and 67:
Page 68 and 69:
Page 70 and 71:
Page 72 and 73:
Page 74 and 75:
Page 76 and 77:
Page 78 and 79:
Page 80 and 81:
Page 82 and 83:
Good ideas and bad regressions 67I
Page 84 and 85:
Good ideas and bad regressions 69am
Page 86 and 87:
Good ideas and bad regressions 71
Page 88 and 89:
Good ideas and bad regressions 73ap
Page 90 and 91:
Good ideas and bad regressions 75Le
Page 92 and 93:
Good ideas and bad regressions 772.
Page 94 and 95:
Good ideas and bad regressions 79pa
Page 96 and 97:
Good ideas and bad regressions 81th
Page 98 and 99:
7 Pluralism, formalism, andAmerican
Page 100 and 101:
Pluralism, formalism, and American
Page 102 and 103:
Page 104 and 105:
Page 106 and 107:
Page 108 and 109:
Page 110 and 111:
Page 112 and 113:
Page 114 and 115:
8 Leland’s favorite economists *J
Page 116 and 117:
Figure 8.1 The “Genealogical Tabl
Page 118 and 119:
Leland’s favorite economists 103o
Page 120 and 121:
Leland’s favorite economists 105e
Page 122 and 123:
Leland’s favorite economists 107O
Page 124 and 125:
Leland’s favorite economists 109S
Page 126 and 127:
Leland’s favorite economists 111A
Page 128 and 129:
Leland’s favorite economists 113v
Page 130 and 131:
Leland’s favorite economists 115w
Page 132 and 133:
Leland’s favorite economists 117n
Page 134 and 135:
circumstances and even acts of will
Page 136 and 137:
Leland’s favorite economists 121c
Page 138 and 139:
Leland’s favorite economists 123D
Page 140 and 141:
Leland’s favorite economists 125G
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 156 and 157:
ReferencesThe genesis of an idea 14
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 222 and 223: 14 Leland Yeager’s utilitarianism
Page 224 and 225: Leland Yeager’s utilitarianism as
Page 236 and 237: 15 Ethnic conflict and theeconomics
Page 238 and 239: Ethnic conflict and the economics o
Page 252 and 253: NotesEthnic conflict and the econom
Page 258 and 259: The legacy of Bismarck 243War, the
Page 260 and 261: The legacy of Bismarck 245people wo
Page 262 and 263: The legacy of Bismarck 247system, b
Page 264 and 265: The legacy of Bismarck 249Old age i
Page 266 and 267: IndexAckley, G., Macroeconomic Theo
Page 268 and 269: Marshall, A.: approach to economics
Page 270:
concerns 10-11, 150; monetarydisequ
show all

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

Create successful ePaper yourself

Delete template?

Save as template?