Roger E Backhouse
Dados Biográficos
| ID | 497626 |
|---|---|
| NOME | Roger E Backhouse |
| PRENOMES | Roger E |
| SOBRENOME | Backhouse |
| ASSINATURA | BACKHOUSE R E |
| AFILIAÇÕES | University of Birmingham |
| ORCID | 0000-0003-2393-6517 |
| VERIFICADO | Sim |
| TOTAL DE OBRAS | 86 |
| TOTAL DE CITAÇÕES | 267 |
| TOTAL COMO AUTOR | 86 |
| TOTAL COMO EDITOR | 4 |
| PRIMEIRO ANO DE PUBLICAÇÃO | 1981 |
| ANO MAIS RECENTE DE PUBLICAÇÃO | 2026 |
| ÍNDICE H | 9 |
Mauro Boianovsky on Samuelsonian Dynamics and the Economic Analysis of Market Processes
In his article “Paul Samuelson’s Ways to Macroeconomic Dynamics” Mauro Boianovsky has provided an account of the evolution of Samuelson’s attempts to construct a dynamic theory that, because of Samuelson’s centrality to modern economics, verges on being an account of the history of recent thought on the subject. This paper argues that Samuelson’s views should be related not only to the formal dynamic modeling of Ragnar Frisch and Jan Tinbergen bu…
Edmund Phelps, My Journeys in Economic Theory
The Ordinary Business of Life
The classic history of economic thought through the ages—now fully updated and expanded Hesiod defined the basic economic problem as one of scarce resources, a view still held by economists today. Diocletian tried to save the Roman Empire with wage and price fixes—a strategy that has not gone entirely out of style. Roger Backhouse takes readers from the ancient world to the frontiers of game theory, mechanism design, and engagements with climate …
Stagnation and the Natural Rate of Interest
Over the past decade, Lawrence Summers has argued that stagnation cannot be rectified by monetary policy because it is the result of a negative natural rate of interest. This analysis brings together two separate streams of thought: traditions in which stagnation has been connected to excessive saving linked to income distribution, or to diminishing investment demand; and a tradition centred on the natural rate of interest and its relationship to…
Samuelson Friedman
Paul A. Samuelson (1915–2009) and Milton Friedman (1912–2006) were almost exact contemporaries. For fifteen years, in the thrice-weekly column that they shared, first with Henry Wallich and later with Lester Thurow, the magazine Newsweek presented them as America's leading liberal and conservative economists, offering contrasting recommendations on economic policy. They frequently found themselves together in other settings: giving testimony to C…
MIT and the Origins of the Modern Theory of Asset Pricing
This article argues that it was no coincidence that one of the places in which the modern theory of finance was developed was the Massachusetts Institute of Technology. Not only had it attracted Paul Samuelson, who had a long-standing interest in the problem, but its academic culture as a science-focused engineering school that fostered a competitive atmosphere and close relations between its economics department and business school was conducive…
The Ordinary Business of Life
The Ordinary Business of Life
Ordinary Business of Life
Jacob Soll, Free Market
Robert Skidelsky
Paul Collier, The Future of Capitalism
Zachary Carter, The Price of Peace
This book is best seen as an impassioned plea for a better way to do economics, for which Keynes is the inspiration. Despite its title, it is not a biography of Keynes: it is more like a biography of Keynesianism, interpreted in a radical way. Carter writes: Keynesianism in this purest, simplest form is not so much a school of thought as a spirit of radical optimism... [S]uch optimism is a vital and necessary element of everyday life. It is the s…
E than S chrum . The Instrumental University
The “instrumental university” is the term chosen by Ethan Schrum to denote institutions dominated not by disinterested scholarship and the pursuit of truth but by activities that directly serve the interests of society. It produces research that has demonstrable influence, often commissioned by the state or outside bodies. This new understanding of the university’s mission and its role in society has sometimes been associated with the rise of neo…
The Ordinary Business of Macroeconometric Modeling
Using the FMP model as an example, this article examines the practices of macroeconometric modelers around 1970. It is argued that, for all the criticism such methods have received, they represented conscious choices made because modelers had objectives and criteria that were different from those of later critics. For example, where critics saw a lack of theoretical consistency, modelers saw and valued flexibility
The History of Economics
As a broad introduction to the history of economic thought - based on courses the authors have taught for many years - this book provides a magisterial overview for students and teachers who have not had the opportunity to cover the development of the field of economics in its historical context. The text is presented as a series of twenty-four lectures, which can be used as the basis for self-study or for the delivery of a course. Each lecture p…
The History of Economics
Liberalism and the Welfare State
The welfare state has, over the past 40 years, come under increasing attack from liberals who consider comprehensive welfare provision inimical to liberalism. Yet many of the architects of the post–World War II welfare states were liberals. Taking as examples three cases not often considered together—Britain, Germany, and Japan—this volume investigates the thinking of liberal economists about welfare. The first part explores the early history of …
A Road Not Taken
This essay investigates a hitherto-unexamined collaboration between two of the founders of modern history of science, Henry Guerlac and I. Bernard Cohen, and two economists, Paul Samuelson and Rupert Maclaurin. The arena in which these two disciplines came together was the Bowman Committee, one of the committees that prepared material for Vannevar Bush’s Science—The Endless Frontier. The essay shows how their collaboration helped to shape the com…
The Age of the Applied Economist
It is widely accepted that economics has changed significantly since the 1970s with the development of new data sources, new methods of analysis, and the computer. This paper argues that this transformation of the discipline involves more than just a rise of empirical work: it involves a new understanding of the relationship between theoretical and applied work, which raised the prestige of the latter. The meaning of economic theory and applied w…
"It's Computers, Stupid!" The Spread of Computers and the Changing Roles of Theoretical and Applied Economics
This article challenges the widely held notion that developments in computing are sufficient to explain the recent turn to applied economics. Advances in computer hardware were undoubtedly necessary, and they were sufficient to ensure that there were significant changes in economists' practices, but to explain how and why economics changed, other factors need to be considered. It conjectures that the most profound effect of the increased availabi…
Marginalizing Maclaurin
This article traces the attempts of W. Rupert Maclaurin to improve the research profile of economics at MIT through establishing a research project on the economics of innovation, funded by the Rockefeller Foundation. The project is important because it marks a significant stage in the transition of economics at MIT from being a department focused exclusively on providing courses for engineers and scientists to one that was to become a major loca…
Economic Power and the Financial Machine
In the early 1930s American economists widely attributed the catastrophe of the Great Depression to concentration of income and wealth and the consequent concentration of market power, which interfered with the proper working of markets. Alongside this, there developed another theory of market failure in which depression stemmed from the failure of the financial machine to translate saving into investment. The article explores how these two views…
The Political and Economic Thought of the Young Keynes
Book Review| December 01 2015 The Political and Economic Thought of the Young Keynes: Liberalism, Markets, and Empire The Political and Economic Thought of the Young Keynes: Liberalism, Markets, and Empire. By Cristiano, Carlo. London: Routledge, 2014. xxii; 262 pp. Hardback $140.00. Roger E. Backhouse Roger E. Backhouse Search for other works by this author on: This Site Google History of Political Economy (2015) 47 (4): 677–679. https://doi.org…
Angus Deaton, Economics in America
Economic Sentiments
In the modern world, Adam Smith represents the principle of laissez‐faire and the idea that free, competitive markets act like an invisible hand to ensure an optimal allocation of resources. He is seen as a forerunner of both the tradition that includes the Arrow– Debreu theorems on the efficiency of competitive equilibrium and of the neo‐liberal policies that have dominated the political agenda during the past two decades or so. This book shows …
The Age of the Applied Economist
It is widely accepted that economics has changed significantly since the 1970s with the development of new data sources, new methods of analysis, and the computer. This paper argues that this transformation of the discipline involves more than just a rise of empirical work: it involves a new understanding of the relationship between theoretical and applied work, which raised the prestige of the latter. The meaning of economic theory and applied w…
Retrospectives
Modern economists do not subscribe to a homogeneous definition of their subject. Surveying definitions of economics from contemporary principles of economics textbooks, we find that economics is the study of the economy, the study of the coordination process, the study of the effects of scarcity, the science of choice, and the study of human behavior. At a time when economists are tackling subjects as diverse as growth, auctions, crime, and relig…
The Rise of Free Market Economics
Research Article| December 01 2005 The Rise of Free Market Economics: Economists and the Role of the State since 1970 Roger E. Backhouse Roger E. Backhouse Search for other works by this author on: This Site Google History of Political Economy (2005) 37 (Suppl_1): 355–392. https://doi.org/10.1215/00182702-37-Suppl_1-355 Cite Icon Cite Share Icon Share Twitter Permissions Search Site Citation Roger E. Backhouse; The Rise of Free Market Economics: …
A History of Modern Economic Analysis
Journal Article A History of Modern Economic Analysis Get access A History of Modern Economic Analysis. By ROGER BACKHOUSE. (Oxford: Basil Blackwell, 1985. Pp. xii + 520. £29.50 hardback.) Mark Blaug Mark Blaug University of London and University of Buckingham Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 96, Issue 382, 1 June 1986, Pages 571–573, https://doi.org/10.2307/2233152 Published: 0…
The Transformation of U.S. Economics, 1920–1960, Viewed through a Survey of Journal Articles
Research Article| December 01 1998 The Transformation of U.S. Economics, 1920–1960, Viewed through a Survey of Journal Articles Roger E. Backhouse Roger E. Backhouse Search for other works by this author on: This Site Google History of Political Economy (1998) 30 (Supplement): 85–107. https://doi.org/10.1215/00182702-30-Supplement-85 Cite Icon Cite Share Icon Share Facebook Twitter LinkedIn MailTo Permissions Search Site Citation Roger E. Backhou…
Equilibrium and Evolution
Journal Article Equilibrium and Evolution: An Exploration of Connecting Principles in Economics Get access Equilibrium and Evolution: An Exploration of Connecting Principles in Economics. By (B.J.) Loasby. (Manchester: Manchester University Press, 1991. Pp. ix + 118 £22.50 hardback. ISBN 0 7190 3488 4.) Roger E. Backhouse Roger E. Backhouse University of Birmingham Search for other works by this author on: Oxford Academic Google Scholar The Econo…
Economics and Language
Journal Article Economics and Language Get access Economics and Language. Edited by Henderson (Willie), DUDLEY- Evans (Tony) AND Backhouse (Roger). (London and New York: Routledge, 1993. Pp. x + 251. £40.00 hardback, £14.99 paperback. ISBN 0 415 08159 9, 0 415 09209 4.) Warren J. Samuels Warren J. Samuels Michigan State University Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 103, Issue 421,…
Defining Economics
Robbins' Essay gave economics a definition that came to dominate the professional literature. This definition laid a foundation that could be seen as justifying both the narrowing of economic theory to the theory of constrained maximization or rational choice and economists' ventures into other social science fields. Though often presented as self‐evidently correct, both the definition itself and the developments that it has been used to support …
"It's Computers, Stupid!" The Spread of Computers and the Changing Roles of Theoretical and Applied Economics
This article challenges the widely held notion that developments in computing are sufficient to explain the recent turn to applied economics. Advances in computer hardware were undoubtedly necessary, and they were sufficient to ensure that there were significant changes in economists' practices, but to explain how and why economics changed, other factors need to be considered. It conjectures that the most profound effect of the increased availabi…
Sidgwick, Marshall, and the Cambridge School of Economics
Research Article| March 01 2006 Sidgwick, Marshall, and the Cambridge School of Economics Roger E. Backhouse Roger E. Backhouse Search for other works by this author on: This Site Google History of Political Economy (2006) 38 (1): 15–44. https://doi.org/10.1215/00182702-38-1-15 Cite Icon Cite Share Icon Share Twitter Permissions Search Site Citation Roger E. Backhouse; Sidgwick, Marshall, and the Cambridge School of Economics. History of Politica…
The Concept of Applied Economics
The Concept of
Paul A. Samuelson's Move to MIT
The article reconstructs the events surrounding Paul Samuelson's departure from Harvard to MIT in October 1940, a crucial event in the rise to prominence of MIT's economics department. The contrasting attitudes of Harvard and MIT to Jewish economists were just one of many factors. Samuelson was then considered a narrow specialist in mathematical economics, a field in which there were few openings, and MIT made an attractive offer that contrasted …
The Politics of Method in the Human Sciences
Book Review| March 01 2007 The Politics of Method in the Human Sciences: Positivism and Its Epistemological Others Edited by George Steinmetz. Durham, N.C.: Duke University Press, 2005. 632 pp. $25.95 paperback. Roger E. Backhouse Roger E. Backhouse Search for other works by this author on: This Site Google History of Political Economy (2007) 39 (1): 167–169. https://doi.org/10.1215/00182702-2006-028 Cite Icon Cite Share Icon Share Facebook Twitt…
If Mathematics is Informal, Then Perhaps we Should Accept That Economics Must be Informal Too
Journal Article If Mathematics is Informal, Then Perhaps we Should Accept That Economics Must be Informal Too Get access Roger E. Backhouse Roger E. Backhouse University of Birmingham Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 108, Issue 451, 1 November 1998, Pages 1848–1858, https://doi.org/10.1111/1468-0297.00380 Published: 27 December 2001
Introduction
International audience
The Ordinary Business of Macroeconometric Modeling
Using the FMP model as an example, this article examines the practices of macroeconometric modelers around 1970. It is argued that, for all the criticism such methods have received, they represented conscious choices made because modelers had objectives and criteria that were different from those of later critics. For example, where critics saw a lack of theoretical consistency, modelers saw and valued flexibility
A Road Not Taken
This essay investigates a hitherto-unexamined collaboration between two of the founders of modern history of science, Henry Guerlac and I. Bernard Cohen, and two economists, Paul Samuelson and Rupert Maclaurin. The arena in which these two disciplines came together was the Bowman Committee, one of the committees that prepared material for Vannevar Bush’s Science—The Endless Frontier. The essay shows how their collaboration helped to shape the com…
The Changing Character of British Economics
Research Article| December 01 1996 The Changing Character of British Economics Roger E. Backhouse Roger E. Backhouse Search for other works by this author on: This Site Google History of Political Economy (1996) 28 (Supplement): 33–60. https://doi.org/10.1215/00182702-28-supp-33 Cite Icon Cite Share Icon Share Facebook Twitter LinkedIn Email Permissions Search Site Citation Roger E. Backhouse; The Changing Character of British Economics. History …
What Was Lost with IS-LM
Research Article| December 01 2004 What Was Lost with IS-LM Roger E. Backhouse; Roger E. Backhouse Search for other works by this author on: This Site Google David Laidler David Laidler Search for other works by this author on: This Site Google History of Political Economy (2004) 36 (Suppl_1): 25–56. https://doi.org/10.1215/00182702-36-Suppl_1-25 Cite Icon Cite Share Icon Share Twitter Permissions Search Site Citation Roger E. Backhouse, David La…
Marginalizing Maclaurin
This article traces the attempts of W. Rupert Maclaurin to improve the research profile of economics at MIT through establishing a research project on the economics of innovation, funded by the Rockefeller Foundation. The project is important because it marks a significant stage in the transition of economics at MIT from being a department focused exclusively on providing courses for engineers and scientists to one that was to become a major loca…
MIT and the Other Cambridge
In the late 1950s and early 1960s MIT economists, led by Paul Samuelson and Robert Solow, became involved in a long controversy with economists in Cambridge, England, led by Joan Robinson, Luigi Pasinetti, and Nicholas Kaldor, over the theory of capital. This article looks at that controversy from the perspective of MIT, trying to establish why Samuelson and Solow became so involved. It is argued that Robinson was challenging propositions about l…
Keynes and Capitalism
We analyze Keynes's thoughts on capitalism by focusing on what he wrote on the topic, using the Collected Writings, taken as a whole, together with some unpublished material to tackle three issues: what Keynes meant by capitalism; the fragility of capitalism; and the morality of capitalism. In doing this, we juxtapose materials written at different stages of his career. While the context and the theoretical framework within which Keynes developed…
Economic Power and the Financial Machine
In the early 1930s American economists widely attributed the catastrophe of the Great Depression to concentration of income and wealth and the consequent concentration of market power, which interfered with the proper working of markets. Alongside this, there developed another theory of market failure in which depression stemmed from the failure of the financial machine to translate saving into investment. The article explores how these two views…
The ‘vanity of the philosopher’
Credit Rationing in a General Equilibrium Model
Tobin and Brainard have developed a series of models of the financial sector in which income, expectations and the stocks of certain assets are exogenously given, and in which asset markets are assumed to be in equilibrium (Tobin and Brainard, 1963; Brainard, 1967; Tobin, 1969). These models can be used to analyse the effects of changes in the exogenous variables on asset prices and interest rates. Their results may be regarded as exploring the v…
Keynesian Unemployment and the One-Sector Neoclassical Growth Model
Journal Article Keynesian Unemployment and the One-Sector Neoclassical Growth Model Get access Roger E. Backhouse Roger E. Backhouse University of Birmingham Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 91, Issue 361, 1 March 1981, Pages 174–187, https://doi.org/10.2307/2231706 Published: 01 March 1981
Macroeconomics and the British Economy
Macroeconomics and the British Economy Get access Macroeconomics and the British Economy. By ROGER BACKHOUSE. (Oxford: Martin Robertson, 1983. Pp. xiv + 305. £25.00 hardback, £9.95 paperback.)Macroeconomics: Theory and Policy in the UK. By DAVID GREENAWAY and G. K. SHAW. (Oxford: Martin Robertson, 1983. Pp. xiii + 462. £9.95.) Bernard Corry Bernard Corry Queen Mary College Search for other works by this author on: Oxford Academic Google Scholar T…
Macroeconomics and the British Economy
A History of Modern Economic Analysis
Journal Article A History of Modern Economic Analysis Get access A History of Modern Economic Analysis. By ROGER BACKHOUSE. (Oxford: Basil Blackwell, 1985. Pp. xii + 520. £29.50 hardback.) Mark Blaug Mark Blaug University of London and University of Buckingham Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 96, Issue 382, 1 June 1986, Pages 571–573, https://doi.org/10.2307/2233152 Published: 0…
F. A. Walker's Theory of Hard Times
Research Article| September 01 1987 F. A. Walker's Theory of Hard Times Roger E. Backhouse Roger E. Backhouse Search for other works by this author on: This Site Google History of Political Economy (1987) 19 (3): 435–446. https://doi.org/10.1215/00182702-19-3-435 Cite Icon Cite Share Icon Share Facebook Twitter LinkedIn MailTo Permissions Search Site Citation Roger E. Backhouse; F. A. Walker's Theory of Hard Times. History of Political Economy 1 …
Classical Economics
Journal Article Classical Economics Get access Classical Economics. By SAMUEL HOLLANDER. (Oxford: Basil Blackwell, 1987. Pp. xiv + 485. £35.00 hardback.) Roger Backhouse Roger Backhouse University of Birmingham Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 98, Issue 391, 1 June 1988, Pages 563–564, https://doi.org/10.2307/2233414 Published: 01 June 1988
Economists and the Economy
Journal Article Economists and the Economy: The Evolution of Economic Ideas 1600 to the Present Day Get access Economists and the 'Economy: The Evolution of Economic Ideas 1600 to the Present Day. By ROGER BACKHOUSE. (Oxford: Basil Blackwell, 1988. Pp. x + 224. £27.50 hardback. ISBN 0 631 15558 9.) Alec Gee Alec Gee Dundee University Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 99, Issue 39…
Economic Exiles
More Heat Than Light. Economics as Social Physics
Companion to Contemporary Economic Thought
Economics and Language
Journal Article Economics and Language Get access Economics and Language. Edited by Henderson (Willie), DUDLEY- Evans (Tony) AND Backhouse (Roger). (London and New York: Routledge, 1993. Pp. x + 251. £40.00 hardback, £14.99 paperback. ISBN 0 415 08159 9, 0 415 09209 4.) Warren J. Samuels Warren J. Samuels Michigan State University Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 103, Issue 421,…
Equilibrium and Evolution
Journal Article Equilibrium and Evolution: An Exploration of Connecting Principles in Economics Get access Equilibrium and Evolution: An Exploration of Connecting Principles in Economics. By (B.J.) Loasby. (Manchester: Manchester University Press, 1991. Pp. ix + 118 £22.50 hardback. ISBN 0 7190 3488 4.) Roger E. Backhouse Roger E. Backhouse University of Birmingham Search for other works by this author on: Oxford Academic Google Scholar The Econo…
An Empirical Philosophy of Economic Theory
economic theory ; economic history
The Changing Character of British Economics
Research Article| December 01 1996 The Changing Character of British Economics Roger E. Backhouse Roger E. Backhouse Search for other works by this author on: This Site Google History of Political Economy (1996) 28 (Supplement): 33–60. https://doi.org/10.1215/00182702-28-supp-33 Cite Icon Cite Share Icon Share Facebook Twitter LinkedIn Email Permissions Search Site Citation Roger E. Backhouse; The Changing Character of British Economics. History …
If Mathematics is Informal, Then Perhaps we Should Accept That Economics Must be Informal Too
Journal Article If Mathematics is Informal, Then Perhaps we Should Accept That Economics Must be Informal Too Get access Roger E. Backhouse Roger E. Backhouse University of Birmingham Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 108, Issue 451, 1 November 1998, Pages 1848–1858, https://doi.org/10.1111/1468-0297.00380 Published: 27 December 2001
The Transformation of U.S. Economics, 1920–1960, Viewed through a Survey of Journal Articles
Research Article| December 01 1998 The Transformation of U.S. Economics, 1920–1960, Viewed through a Survey of Journal Articles Roger E. Backhouse Roger E. Backhouse Search for other works by this author on: This Site Google History of Political Economy (1998) 30 (Supplement): 85–107. https://doi.org/10.1215/00182702-30-Supplement-85 Cite Icon Cite Share Icon Share Facebook Twitter LinkedIn MailTo Permissions Search Site Citation Roger E. Backhou…
The Concept of Applied Economics
The Concept of
The Economics of John Rae
Book Review| March 01 2001 The Economics of John Rae Edited by O. F. Hamouda, C. Lee, and D. Mair. London and New York:Routledge, 1998. xvi; 288 pp. $90.00. Roger E. Backhouse Roger E. Backhouse Search for other works by this author on: This Site Google History of Political Economy (2001) 33 (1): 175–177. https://doi.org/10.1215/00182702-33-1-175 Views Icon Views Article contents Figures & tables Video Audio Supplementary Data Peer Review Share I…
The Economic World View
These substantial volumes, containing 23 and 19 essays respectively, offer contrasting ways of exploring and criticising the foundations of economics as it currently exists. In the opening chapter of The Economic World View (EWV) Uskali Mäki makes a case for what he terms ‘economic ontology’. This involves exploring the nature of the economic realm: What are the components of the economy? What principles govern the way it works? This encompasses …
Economic Sentiments
In the modern world, Adam Smith represents the principle of laissez‐faire and the idea that free, competitive markets act like an invisible hand to ensure an optimal allocation of resources. He is seen as a forerunner of both the tradition that includes the Arrow– Debreu theorems on the efficiency of competitive equilibrium and of the neo‐liberal policies that have dominated the political agenda during the past two decades or so. This book shows …
Imre Lakatos and the Guises of Reason
Book Review| June 01 2002 Imre Lakatos and the Guises of Reason By John Kadvany. Durham, N.C.: Duke University Press, 2001. xx; 378 pp.$23.95 (paperback); $69.95 (hardback). Roger E. Backhouse Roger E. Backhouse Search for other works by this author on: This Site Google History of Political Economy (2002) 34 (2): 509–510. https://doi.org/10.1215/00182702-34-2-509 Cite Icon Cite Share Icon Share Facebook Twitter LinkedIn Email Permissions Search S…
The Future of the History of Economic Thought in Britain
Research Article| December 01 2002 The Future of the History of Economic Thought in Britain Roger E. Backhouse Roger E. Backhouse Search for other works by this author on: This Site Google History of Political Economy (2002) 34 (Suppl_1): 79–97. https://doi.org/10.1215/00182702-34-Suppl_1-79 Views Icon Views Article contents Figures & tables Video Audio Supplementary Data Peer Review Share Icon Share Facebook Twitter LinkedIn Email Tools Icon Too…
Concentric circles of limits to the rate of accumulation
In addition to her well-known contributions to the theory of capital, Joan Robinson provided, in her Accumulation of Capital and Essays in the Theory of Economic Growth, a theory about the determinants of the rate of growth. The growth rate was limited by entrepreneurs' animal spirits. Within that constraint, growth might be further limited by the inflation barrier, which could occur either because of a floor to real wages or because of full empl…
Competition
Book Review| September 01 2003 Competition Edited by Jack High. Cheltenham, U.K.: Edward Elgar, 2001. 546 pp.$180.00. Roger E. Backhouse Roger E. Backhouse Search for other works by this author on: This Site Google History of Political Economy (2003) 35 (3): 559–561. https://doi.org/10.1215/00182702-35-3-559 Cite Icon Cite Share Icon Share Facebook Twitter LinkedIn MailTo Permissions Search Site Citation Roger E. Backhouse; Competition. History o…
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