1,720,992 research outputs found
The Doctorate Programs in Italy: How Economists are Trained?
No full textIn this paper we examine the Doctorate programs in economics in Italy, also through the lenses of a questionnaire sent to the 44 Directors in charge of them at die time (2008). We asked 10 questions related to the organization, the teaching and the job prospective of their program. Our data, covering the 97% of the doctorates awarded between 2001-2005, allow us to draw a picture which is highly representative of the Italian situation. The Italian Doctorates in economics are characterized by a focus on the academic career and are hardly appealing, both from the demand and supply side, for other professional careers. The training profile is almost exclusively modelled on what is done at the major Ph.D. granting University in the US and UK, in terms of textbook adopted and courses offered. The overview of the Italian Doctorate programs in economics conveys the impression of strong homogeneity, rather than diversity and innovation, to the detriment - in our view - to their potential
Keynes's personal investments in the London Stock Exchange and his views on the transformation of the British economy
No full textIn this paper we analyse Keynes’s personal investments in the London Stock Exchange, focusing on Keynes’s selection and pattern of choices of assets, rather than performance of the portfolio. Among other things, this approach may help to assess Keynes’s evaluation of the British economy which was undergoing relevant structural changes in the interwar period. An assessment based on Keynes’s trading behaviour and investment philosophy is a relevant addition to what we know from his public statements or the positions he took in the political arena and even more so given that no detailed reconstruction of his personal investments in the London Stock Exchange had been attempted hitherto. His declared investment philosophy, his choice of sectors and individual shares seem all to indicate his perception of both the structural changes in British economy and the decline in competitiveness of British industry
Introduction
No full textThis volume brings together a number of articles reflecting on the process of
growing social, economic and political disintegration in Europe, the causes of
this process and the possible means of remedying it. It was conceived of as a
tribute to Annamaria Simonazzi, whose contributions to this topic over the
years have been nothing short of insightful and inspiring
The Keynesian tutor. Kahn and the correspondence with Sraffa, Harrod and Kaldor
No full textIn this chapter, relying on new documentary evidence, the differences of approach, style and focus of those economists who were close to Keynes (Sraffa, Harrod, and Kaldor) are highlighted, in relation to Keynes’s ‘favourite pupil’ (as Kahn defined himself). Special importance is given to the period of the ‘Circus’, when Keynes’s new theories were arguing out (and sometimes independently developed) by the younger economists
Expectations, conjectures and beliefs The legacy of Marshall, Kahn and Keynes
No full textThe purpose of this paper is to portray a mode of inquiry into expectations by three Cambridge authors in which the expectations are not conceptualized or modelled on the basis of a probability distribution. As to whether this is due to a clearly stated opposition (as in the case of Keynes) or want of the appropriate technique, or indeed a different research approach environment, there may be more than one answer. Within its limited and non-exhaustive scope, this paper offers an interpretation based on the idea that these economists shared a view of the method appropriate to economic theorizing. I first present a summary of the main points made by Marshall, Kahn and Keynes on the role of expectations, then I address two issues relevant in contemporary discussion, i.e. the role of expectations in generating market instability and the advantages of taking future markets and experiments as evidence of observable expectations. This latter point leads to a brief discussion on the dividing line between two currents of thought in the Cambridge tradition, namely subjective vs. observable quantities, associated with the followers of the view of the matter taken by Keynes on the one hand and by Sraffa on the other
Against the Stream: Ajit Singh and His Battles
Full text linkThis book pays homage to Ajit Singh, economist and intellectual fighter for
many causes. It does so through intertwined narratives including, among the
major strands, Singh’s life and works, the Faculty of Economics and Politics
in Cambridge, and the Punjab and Sikhism — all of which the author manages
to weave together with rich prose, fine scholarship and passionate commitment
to the subject
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
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