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Ragnar Frisch

Econometrics and the Political Economy of Planning

Bibliographic Data

ID2768709
AuthorsFrank Long (University of Oxford, corresponding author)
Year1979
Volume38
Issue2
Pages141-153
Publication date1979-04-01
Open AccessYes
TypeARTICLE
VenueAmerican Journal of Economics and Sociology (JOURNAL)
Journal identifiersISSN: 0002-9246 • E-ISSN: 1536-7150
PublisherWiley (PUBLISHER • GB)
DOI10.1111/j.1536-7150.1979.tb02872.x
OpenAlexW2040884316
LanguageEN
Citations received2
References cited1

Ragnar Frisch's main contributions are in the field of econometrics. This paper discusses Frisch's contribution to the political economy of planning. It argues that although planning was not a special feature of classical political economy, Frisch nonetheless shared in the broader social and moral aspirations of political economy; for Frisch, these were the ultimate objectives of planning. To this end the paper discusses Frisch's approach to the formalization of society's preferences. This approach involves an interactive mechanism in which politicians and technical experts participate. Against the political economy aspirations of Frisch, some behavioral shortcomings of his framework are briefly discussed

Economics · Economy · Field (mathematics) · Political science · Politics · Positive economics · Agricultural Economics and Policy · Economic Theory and Institutions · Law · Mathematics

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Citations per year0.33
Citation span2020 - 2024 (5)
Highly citedNo

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