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

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A zeal for truth 19Klappholz, K. and J. Agassi (1959). Methodological Prescriptions in Economics. Economica,new series, 26: 60–74.Koppl, Roger and Leland B. Yeager (1996). Big Players and Herding in Asset Markets: TheCase of the Russian Ruble. Explorations in Economic History, 33: 367–83.McCallum, Bennett T. (2004). Monetary Policy in Economies with Little or No Money.Pacific Economic Review, 9(2): 81–92.Machlup, Fritz (1956). The Inferiority Complex of the Social Science. In Mary Sennholz(ed.) Freedom and Free Enterprise. Princeton, NJ: Van Nostrand. Reprinted in Machlup,Fritz (1978). Methodology in Economics and Other Social Sciences. New York: Academic Press.Menger, C. (1871) [1981]. Principles of Economics. Translated by James Dingwell and Bert F.Hoselitz. New York: New York University Press.Mill, John Stuart (1844) [1983]. On the Influence of Consumption on Production. InHazlitt, Henry, The Critics of Keynesian Economics. Lanham, MD: University Press.Originally published in Mill, John Stuart (1844). Essays on Some Unsettled Questions inPolitical Economy.Mill, John Stuart (1848) [1965]. Principles of Political Economy with Some of Their Applications toSocial Philosophy. Toronto: University of Toronto Press.Schnadt, Norbert and John Whittaker (1993). Inflation-proof Currency? The Feasibility ofVariable Commodity Standards. Journal of Money, Credit and Banking, 25(2): 214–21.Smith, Adam (1982). Lectures on Jurisprudence. Indianapolis, IN: Liberty Fund, Inc.Yeager, Leland B. (1954a). Free Trade: America’s Opportunity. New York: SchalkenbachFoundation.Yeager, Leland B. (1954b). Some Questions About Growth Economics. American EconomicReview, 44: 53–63.Yeager, Leland B. (1954c). Some Questions About Growth Economics: A Reply. AmericanEconomic Review, 44: 937.Yeager, Leland B. (1954d). The Methodology of Henry George and Carl Menger. AmericanJournal of Economics and Sociology, 13: 233–8.Yeager, Leland B. (1956). A Cash-Balance Interpretation of Depression. Southern EconomicJournal, 22(4): 438–47.Yeager, Leland B. (1958a). Some Facts about the Canadian Exchange Rate. Current EconomicComment, 20: 39–54.Yeager, Leland B. (1958b). A Rehabilitation of Purchasing-Power Parity. Journal of PoliticalEconomy, 46: 516–30.Yeager, Leland B. (1960). Methodenstreit over Demand Curves. Journal of Political Economy, 63:53–64.Yeager, Leland B. (ed.) (1962). In Search of a Monetary Constitution. Cambridge, MA: HarvardUniversity Press.Yeager, Leland B. (1966). International Monetary Relations: Theory, History and Policy. New York:Harper & Row (2nd edn, 1976).Yeager, Leland B. (1968). The Essential Properties of the Medium of Exchange. Kyklos, 21:45–68. Reprinted in Clower, Robert W. (ed.) (1969). Monetary Theory, Selected Readings,Baltimore: Penguin Books; and Carson, Deane (ed.) (1972). Money and Finance: Readings inTheory, Policy and Institutions, 2nd edn. New York: Wiley.Yeager, Leland B. (1969). Fluctuating Exchange Rates in the Nineteenth Century: TheExperiences of Austria and Russia. In R.A. Mundell and A.K. Swoboda (eds.) MonetaryProblems of the International Economy. Chicago, IL: University of Chicago Press.Yeager, Leland B. (1976). Toward Understanding Some Paradoxes in Capital Theory.Economic Inquiry, 14: 313–46.
20 Roger KopplYeager, Leland B. (1981). Experiences with Stopping Inflation. Washington: American EnterpriseInstitute.Yeager, Leland B. (1984). The Image of the Gold Standard. In M.D. Bordo and A.J.Schwartz (eds.) A Retrospective on the Classical Gold Standard, 1821–1931. Chicago, IL:University of Chicago Press.Yeager, Leland B. (1995). Tacit Preachments Are the Worst Kind. Journal of EconomicMethodology, 2: 1–33.Yeager, Leland B. (1996). The Significance of Monetary Disequilibrium. Cato Journal, 6:369–99.Yeager, Leland B. (1997). The Fluttering Veil: Essays on Monetary Disequilibrium, edited with anintroduction by George Selgin. Indianapolis, IN: Liberty Press.Yeager, Leland B. (2001a). Henry George and Austrian Economics. The American Journal ofEconomics and Sociology, 60: 1–24. (This is a reprint from 1984, History of Political Economy,16: 157–74.)Yeager, Leland B. (2001b). Ethics as Social Science: The Moral Philosophy of Social Cooperation.Northampton: Edward Elgar.Yeager, Leland B. and David G. Tuerck (1966). Trade Policy and the Price System. Scranton, PA:International Textbook Co.Yeager, Leland B. and David G. Tuerck (1976). Foreign Trade and U.S. Policy: The Case for FreeInternational Trade. New York: Praeger.
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 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 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 82 and 83: Good ideas and bad regressions 67I
Page 84 and 85:
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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8 Leland’s favorite economists *J
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Figure 8.1 The “Genealogical Tabl
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Leland’s favorite economists 103o
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Leland’s favorite economists 105e
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Leland’s favorite economists 107O
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Leland’s favorite economists 109S
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Leland’s favorite economists 111A
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Leland’s favorite economists 113v
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Leland’s favorite economists 115w
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Leland’s favorite economists 117n
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circumstances and even acts of will
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Leland’s favorite economists 121c
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Leland’s favorite economists 123D
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Leland’s favorite economists 125G
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The genesis of an idea 127Stuart Mi
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The genesis of an idea 129suggest t
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The genesis of an idea 131macroecon
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The genesis of an idea 133value. Hi
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The genesis of an idea 135half of m
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The genesis of an idea 137Unsettled
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The genesis of an idea 1398 “M. S
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ReferencesThe genesis of an idea 14
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10 The macroeconomics of money,savi
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The macroeconomics of money, saving
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The macroeconomics of money, saving
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Mr. YeagerThe macroeconomics of mon
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11 No-name moneyMaria Minniti and L
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No-name money 153many political lea
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No-name money 155consultants, who f
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No-name money 157bank chose the one
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No-name money 159While inflation in
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No-name money 161was reinforced by
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No-name money 163private ownership,
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No-name money 165Mencinger, Joze (1
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Monetary disequilibrium theory and
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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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