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

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ContentsList of figuresList of contributorsPreface and acknowledgmentsixxixiii1 A zeal for truth 1ROGER KOPPL2 The Yeager mystique: a profile of the scholar as teacher andcolleague 21WILLIAM BREIT, KENNETH ELZINGA, AND THOMAS D. WILLETT3 The Virginia renaissance in political economy: the 1960srevisited 34JAMES M. BUCHANAN4 Leland: a personal appreciation 45GORDON TULLOCK5 Monopoly politics and its unsurprising effects 48JAMES C. MILLER III6 Good ideas and bad regressions: the sad state of empirical workin public choice 66STEVEN B. CAUDILL7 Pluralism, formalism, and American economics 83HARRY LANDRETH AND DAVID C. COLANDER8 Leland’s favorite economists 99JÜRGEN G. BACKHAUS
viiiContents9 The genesis of an idea: Classical economics and the birth ofmonetary disequilibrium theory 126MICHAEL R. MONTGOMERY10 The macroeconomics of money, saving, and investment 143ROBERT L. GREENFIELD11 No-name money 151MARIA MINNITI AND LIDIJA POLUTNIK12 Monetary disequilibrium theory and Austrian macroeconomics:further thoughts on a synthesis 166STEVEN HORWITZ13 Reflections on reswitching and roundaboutness 186ROGER W. GARRISON14 Leland Yeager’s utilitarianism as a guide to public policy 207RANDALL G. HOLCOMBE15 Ethnic conflict and the economics of social cooperation:reflections on a difficult problem 221LAURENCE S. MOSS16 The legacy of Bismarck 242GORDON TULLOCKIndex 251
Page 2 and 3: Money and MarketsIn recent decades,
Page 4: The Cultural Foundations ofEconomic
Page 7: First published 2006by Routledge2 P
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
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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 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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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 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 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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Money and Markets: Essays in Honor of Leland B. Yeager

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