Vincent Carret
Biographic Data
| ID | 1600811 |
|---|---|
| NAME | Vincent Carret |
| GIVEN NAMES | Vincent |
| FAMILY NAME | Carret |
| SIGNATURE | CARRET V |
| AFFILIATIONS | Creighton University |
| ORCID | 0000-0003-4982-5137 |
| VERIFIED | Yes |
| TOTAL WORKS | 11 |
| TOTAL CITATIONS | 0 |
| AUTHOR COUNT | 11 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2020 |
| LATEST PUBLICATION YEAR | 2025 |
| H-INDEX | 0 |
Shock Values: Prices and Inflation in American Democracy by Carola Binder
Le contrôle des prix et l’imaginaire de la paix
Le contrôle des prix a été utilisé aux États-Unis durant la quasi-totalité des conflits majeurs du pays. Différentes visions du rôle des contrôles dans la société ont existé, menant à différentes politiques de transition de ces contrôles de la guerre à la paix. En comparant la fin des contrôles des prix après la Seconde Guerre mondiale et après la guerre de Corée, cet article analyse deux conceptions possibles des contrôles des prix et l’effet de…
Leonid Hurwicz: Intelligent Designer; How War and the Great Depression Inspired a Nobel Economist by Michael Hurwicz
This book is the first biography of the mathematical economist and Polish émigré Leonid Hurwicz, written by his son Michael Hurwicz. It is a useful addition to our knowledge of the life of Hurwicz, complete with a prologue, twenty-nine chapters, an epilogue, and a set of seven appendixes. The first paragraph of the prologue is enough to prove the book's usefulness, by settling one of the most disputed legacies of Hurwicz: how to pronounce his nam…
A micro foundational episode of the early history of macroeconomics: A 1932 debate on Walrasian economics and multiple equilibria
This paper documents an early fork in the development of macroeconomics, by examining a debate between the Dutch economists Jan Tinbergen and Johan Koopmans. In a 1932 paper, Tinbergen argued that two firms could be stuck in a “bad” equilibrium in the absence of a coordinated action to increase employment. Koopmans replied with a paper demonstrating that multiple equilibria in an exchange economy could not be ranked on the basis of their producti…
Communist Planning versus Rationality: Mathematical Economics and the Central Plan in Eastern Europe and China ed. by János Mátyás Kovács
This book is the sec ond vol ume in the series Revisiting Communism edited by János Kovács; the first book was focused on the con cept of own er ship in com mu nist econ o mies, and this one takes as its cen tral sub ject mat ter the rela tion ship between cen tral plan ning and math e mat i cal eco nom ics.The fruit of work shop dis cus sions held at the Vienna Institute for Human Sciences and the Research Center for the History of Transformatio…
Wassily Leontief's Research Program: Science, Beliefs, Institutions
Wassily Leontief met with decades of success for the development of input-output analysis, and yet he remained a staunch critic of the economics profession throughout his life. To understand his success, its limits, and the origins of his discontent, this article separates the scientific activities of input-output from the system of belief built around it, and from the institutions set up to advance Leontief's research program. This leads to cons…
Moving dynamics beyond business cycles: Jan Tinbergen’s first macrodynamic model (1934–1936)
As soon as 1932, Jan Tinbergen proposed an explanation of the Great Depression based on a specific treatment of unstable processes and multiple equilibria. After his involvement in the early meetings of the Econometric Society, he worked on different dynamic models accounting for this instability. In 1934, he built a macrodynamic model generating new types of economic movements that did not return to a stationary state. This led him in 1936 to co…
Fluctuations and Growth in Ragnar Frisch’s Rocking Horse Model
Ragnar Frisch’s famous “rocking horse” model has been the object of much praise and even controversy since its publication in 1933. This paper offers a new simulation of the model to show that there exist cyclical trajectories in the propagation mechanism. By building an analytical solution taking the same form as Frisch’s original solution, we can provide new insights into the ideas encapsulated in his model, in particular the fact that the auth…
Rupture and continuity in the original divide between microdynamics and macrodynamics
In 1933, Ragnar Frisch introduced a distinction between microdynamics and macrodynamics. His claim that he proposed the first macrodynamic analysis and that microdynamic schemes were limited to single markets or individual behaviours influenced the subsequent development of economic models. But the division was above all between tools: maximisation at the individual level, and dynamic analysis at the aggregate level. What was at stake was the que…
The importance of multiple equilibria for economic policy in Jan Tinbergen’s early works
This article provides a comprehensive view of Tinbergen’s macrodynamic models developed during the 1930s and early 1940s, showing how the economist’s concerns evolved from problems of instability to the idea of reaching higher positions of equilibria. Tinbergen built these ideas in the framework of nonlinear models, which he used to shed a new light on several policy problems: wage changes, government expenditure and its relation to pump-priming,…
(In)stability at the Cowles Commission (1939–1948)
Stability analysis touched off extensive discussions at the Cowles Commission between 1939 and 1948. Oskar Lange, later followed by Lawrence Klein and Don Patinkin, among others, advocated for a move from a static analysis aimed at proving the existence of a stationary equilibrium with unemployment towards a dynamic approach exploring stability properties of full employment equilibria. In presence of excess supply of goods and labour with flexibl…
No prominent works on this page.
(In)stability at the Cowles Commission (1939–1948)
Stability analysis touched off extensive discussions at the Cowles Commission between 1939 and 1948. Oskar Lange, later followed by Lawrence Klein and Don Patinkin, among others, advocated for a move from a static analysis aimed at proving the existence of a stationary equilibrium with unemployment towards a dynamic approach exploring stability properties of full employment equilibria. In presence of excess supply of goods and labour with flexibl…
Fluctuations and Growth in Ragnar Frisch’s Rocking Horse Model
Ragnar Frisch’s famous “rocking horse” model has been the object of much praise and even controversy since its publication in 1933. This paper offers a new simulation of the model to show that there exist cyclical trajectories in the propagation mechanism. By building an analytical solution taking the same form as Frisch’s original solution, we can provide new insights into the ideas encapsulated in his model, in particular the fact that the auth…
Rupture and continuity in the original divide between microdynamics and macrodynamics
In 1933, Ragnar Frisch introduced a distinction between microdynamics and macrodynamics. His claim that he proposed the first macrodynamic analysis and that microdynamic schemes were limited to single markets or individual behaviours influenced the subsequent development of economic models. But the division was above all between tools: maximisation at the individual level, and dynamic analysis at the aggregate level. What was at stake was the que…
The importance of multiple equilibria for economic policy in Jan Tinbergen’s early works
This article provides a comprehensive view of Tinbergen’s macrodynamic models developed during the 1930s and early 1940s, showing how the economist’s concerns evolved from problems of instability to the idea of reaching higher positions of equilibria. Tinbergen built these ideas in the framework of nonlinear models, which he used to shed a new light on several policy problems: wage changes, government expenditure and its relation to pump-priming,…
Moving dynamics beyond business cycles: Jan Tinbergen’s first macrodynamic model (1934–1936)
As soon as 1932, Jan Tinbergen proposed an explanation of the Great Depression based on a specific treatment of unstable processes and multiple equilibria. After his involvement in the early meetings of the Econometric Society, he worked on different dynamic models accounting for this instability. In 1934, he built a macrodynamic model generating new types of economic movements that did not return to a stationary state. This led him in 1936 to co…
A micro foundational episode of the early history of macroeconomics: A 1932 debate on Walrasian economics and multiple equilibria
This paper documents an early fork in the development of macroeconomics, by examining a debate between the Dutch economists Jan Tinbergen and Johan Koopmans. In a 1932 paper, Tinbergen argued that two firms could be stuck in a “bad” equilibrium in the absence of a coordinated action to increase employment. Koopmans replied with a paper demonstrating that multiple equilibria in an exchange economy could not be ranked on the basis of their producti…
Communist Planning versus Rationality: Mathematical Economics and the Central Plan in Eastern Europe and China ed. by János Mátyás Kovács
This book is the sec ond vol ume in the series Revisiting Communism edited by János Kovács; the first book was focused on the con cept of own er ship in com mu nist econ o mies, and this one takes as its cen tral sub ject mat ter the rela tion ship between cen tral plan ning and math e mat i cal eco nom ics.The fruit of work shop dis cus sions held at the Vienna Institute for Human Sciences and the Research Center for the History of Transformatio…
Wassily Leontief's Research Program: Science, Beliefs, Institutions
Wassily Leontief met with decades of success for the development of input-output analysis, and yet he remained a staunch critic of the economics profession throughout his life. To understand his success, its limits, and the origins of his discontent, this article separates the scientific activities of input-output from the system of belief built around it, and from the institutions set up to advance Leontief's research program. This leads to cons…
Shock Values: Prices and Inflation in American Democracy by Carola Binder
Le contrôle des prix et l’imaginaire de la paix
Le contrôle des prix a été utilisé aux États-Unis durant la quasi-totalité des conflits majeurs du pays. Différentes visions du rôle des contrôles dans la société ont existé, menant à différentes politiques de transition de ces contrôles de la guerre à la paix. En comparant la fin des contrôles des prix après la Seconde Guerre mondiale et après la guerre de Corée, cet article analyse deux conceptions possibles des contrôles des prix et l’effet de…
Leonid Hurwicz: Intelligent Designer; How War and the Great Depression Inspired a Nobel Economist by Michael Hurwicz
This book is the first biography of the mathematical economist and Polish émigré Leonid Hurwicz, written by his son Michael Hurwicz. It is a useful addition to our knowledge of the life of Hurwicz, complete with a prologue, twenty-nine chapters, an epilogue, and a set of seven appendixes. The first paragraph of the prologue is enough to prove the book's usefulness, by settling one of the most disputed legacies of Hurwicz: how to pronounce his nam…
Economic Theory and Institutions (8 works) · Economics (8 works) · Economic Theory and Policy (6 works) · Mathematical economics (6 works) · Keynesian economics (5 works) · Neoclassical economics (5 works) · Computer Science (4 works) · Economic theories and models (4 works) · Macroeconomics (4 works) · Econometrics (3 works)