The Crisis of Vision in Modern Economic Thought by Robert Heilbroner

Author:Robert Heilbroner [Heilbroner, Robert]
Language: eng
Format: epub
Tags: Business, Economics, Political Science, Public Policy, Economic Policy
ISBN: 9780521497749
Google: V3_eh4oE1v0C
Publisher: Cambridge University Press
Published: 1995-07-14T17:00:00+00:00

1See, for example, John R. Hicks, The Crisis of Keynesian Economics (New York: Basic Books, 1975).

2Fred Block, Origins of International Economic Disorder (Berkeley: University of California Press, 1977), Chapters 5 and 6.

3Jeffrey Williamson, "Productivity and American Leadership: A Review Article," Journal of Economic Literature, 29 (No. 1, March, 1991), table 1 (p. 57).

4Economic Report of the President (Washington, D.C.: U.S. Government Printing Office), February 1994, p. 301.

5Gerald Epstein and Juliet Schor, "Macropolicy in the Rise and Fall of the Golden Age," in Stephen Marglin and Juliet Schor, eds. The Golden Age of Capitalism: Reinterpreting the Postwar Experience (Oxford: Oxford University Press, 1991).

6Alice Amsden, Asia's Next Giant: South Korea and Late Industrialization (New York: Oxford University Press, 1989).

7A. W. Phillips, "The Relation Between Unemployment and the Rate of Change of Money Wage Rates in the United Kingdom, 18611957," Economica, No. 2, 1958.

8James Tobin, "Inflation and Unemployment," American Economic Review, 62 (No. 1, Parts 12; March 1972). Paul Samuelson and Robert Solow did find some confirming evidence in the U.S. data. See Paul Samuelson and Robert Solow, "Analytical Aspects of Anti-inflation Policy," American Economic Review, 50 (No. 2, May I960): 17794.

9Milton Friedman, "The Role of Monetary Policy," American Economic Review, No. 1, 1968; Edmund S. Phelps, "Phillips Curves, Expectations of Inflation and Optimal Employment over Time," Economica. No. 3, 1967; Robert Gordon, "Wage-Price Controls and the Shifting Phillips Curve," Brookings Papers on Economic Activity, 2 (1972); Robert Lucas, "Econometric Policy Evaluation: A Critique," in Karl Brunner and Allan Meltzer, The Phillips Curve and Labor Markets (Amsterdam: North-Holland, 1976).

10See Robert Topel, "What Have We Learned from Empirical Studies of Unemployment and Turnover?" American Economic Review, 83 (No. 2, May 1993): 11415, and Robert Gordon, "Comments," in Jerome Stein (ed.). Monetarism (Amsterdam: North-Holland, 1976), p. 54.

11Robert Lucas, "Tobin and Monetarism: A Review Article," Journal of Economic Literature, 19 (No. 2 June 1981): 559.

12Axel Leijonhufvud, "What Would Keynes Have Thought of Rational Expectations?" UCLA working paper. Series A, No. 177, July 1983, p. 5.

13Alan S. Blinder, "Keynes, Lucas, and Scientific Progress," AEA Papers and Proceedings, 77 (No. 2, May 1987): 133.

14Alan S. Blinder, "The Fall and Rise of Keynesian Economics," The Economic Record (December 1988): 282.

15Quoted in Arjo Klamer, Conversations with Economists (Savage, MD: Rowman and Littlefield Publishers, 1983), p. 52.

16The exception that proves the rule is Jacob Viner's review of The General Theory. See Viner "Mr. Keynes and the Causes of Unemployment," Quarterly Journal of Economics, 51 (19361937): 14767.

17Economic Report of the President (Washington, D.C.: U.S. Government Printing Office, 1993).

18In a 1940 essay Keynes in fact expressed strong concerns about the inflation that might ensue after the removal of price controls. See John Maynard Keynes, How to Pay for the War: A Radical Plan for the Chancellor of the Exchequer (New York: Harcourt, Brace, 1940).

19Economic Report of the President (Washington, D.C.: U.S. Government Printing Office, 1974).

20For unemployment insurance, see Statistical Abstract, 1987, table 559; On the role of labor accords see Michelle Naples, "The Unraveling of the Union-Capital Truce and the U.S. Industrial Productivity Crisis," Review of Radical Political Economics, 18 (Nos.

Download

Copyright Disclaimer:
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.