102,079 research outputs found
Review of G. Fletcher, Understanding Dennis Robertson. The Man and His Work
No full textThis book is likely to be received with mixed feelings by readers, who may
be attracted or repelled by its approach. The methodological position
defended by the author is that biography expresses a point of view and is
more akin to presenting and developing an argument, than collecting and
recording facts. The way the main argument is pursued is at times fascinating,
at times contorted, leaving the reader now convinced, now puzzled
recensione di G. La Malfa, Keynes
No full textQuesto è un volume elegante, ben scritto, con un serio background nella letteratura,
frutto di uno sforzo ben riuscito di parlare ad un pubblico ampio, senza scivoloni nella
divulgazione spicciola
Review of G. Deleplace, Ricardo on Money. A Reappraisal
No full textAn essential part of Deleplace’s endeavour was to dismantle layers of
interpretations that misrepresented Ricardo’s own thought, superimposing
concepts and language that pertained to a different theory or applied to a
different context. So it may be useful to start this review by stating right away, in
full agreement with Deleplace and against much of the extant literature, that in
Ricardo’s theory of money: a) gold is the standard of money; b) the
depreciation/appreciation of money is measured by the purchasing power of the
currency over the standard; c) there is only one monetary theory, applicable to
both convertible and inconvertible paper money with or without coins in
circulation
Introduction
No full textIn contrast to the reorientation of political economy implemented by
Keynes with his General Theory less than seven years after the 1929 Wall
Street crash, no substantial change in the mainstream approach to economics
can be detected twelve years after the collapse of Lehman Brothers.
The same Dynamic Stochastic General Equilibrium (DSGE) model
which had been unable to anticipate the crisis still rules research, teaching
and economic policy, only marginally modified to take account of the most obvious flaws of the economic system. In this intellectual environment,
going back to past authors may be of some help, not to fuel
nostalgia for times gone by but to explore modern economic issues along
new perspectives—in short to build theory and understand facts. This is
the task of the history of economic thought, when it is not understood as
a graveyard for respected albeit no longer read authors but as a living corpus
of debates on the same old issues shrunk and distorted by the present
mainstream
Review of N. Aslangeigui and G. Oakes, The Provocative Joan Robinson. The Making of a Cambridge Economist
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