By Florence Magnot-Ogilvy
Volume 22, Issue 3, May 2015
Linguet was a critic of the physiocrats and of what he perceived as the disastrous consequences the liberalisation of the trade in grain on the…
By Gilbert Faccarello
Volume 22, Issue 5, Sep 2015
This paper deals with some difficulties presented by Ricardo's texts on international trade, taking seriously Ricardo's account of the systematic interaction of real and monetary…
By Renaud Fillieule
Volume 22, Issue 2, Mar 2015
This paper offers a comprehensive graphical exposition of Böhm-Bawerk's formalised macroeconomic theory. This graphical model is used here for the first time to study the…
By Craig Medlen
Volume 19, Issue 5, Oct 2012
The discussion of J.A. Hobson's understanding of over-saving has been largely confined within John Maynard Keynes' famous critique in the General Theory. I argue that…
By Anders Ögren
Volume 23, Issue 6, Nov 2016
Between 1789 and 1803 the National Debt Office issued unbacked interest bearing notes whereas the Bank of Sweden issued silver backed notes. The massive note…
By Motohiro Okada
Volume 26, Issue 3, Jul 2014
This article reassesses Marx's thought on labour exchange and illuminates its worth. In the Grundrisse and subsequent pre-Capital writings, Marx presented arguments that attached importance…
By Antoinette Baujard
Volume 16, Issue 3, Sep 2009
This paper is a study of Bentham's felicific calculus. Challenging a view that contrasts ‘cardinal’ to ‘ordinal’ calculus, we show that these two forms of…
By Germán D. Feldman
Volume 22, Issue 4, Jul 2015
The aim of this paper is to explore the contrasting views of inflation, exchange rate misalignments and determinants of gold flows held by different branches…
By A M. C Waterman
Volume 19, Issue 3, Jun 2012
For Adam Smith, capital accumulation was necessary and sufficient for high wages. But for Malthus it is not necessary because if workers choose to delay…
By Tony Aspromourgos
Volume 23, Issue 1, Jan 2011
Adam Smith is one of the great founding figures of modern social science, in a larger sense than that conveyed by the popular perception of…
By Lisa Hill
Volume 19, Issue 1, Feb 2012
The classical origins of Adam Smith's use of the concept of thumos within his social and economic psychology has escaped notice by scholars of his…
By Hyun-Ho Song
Volume 4, Issue 1, Mar 1997
This article as a sequel to Song (1995), ‘Adam Smith as an early pioneer of institutional individualism’, aims to depict what Smith's conception of social…
By Bert Mosselmans
Volume 12, Issue 4, Dec 2005
Quetelet's contribution to statistics has received adequate attention in Stigler (1986, 1999) and Porter's (1986) seminal works on the history of that scientific discipline. 24…
By Peter D. Groenewegen
Volume 1, Issue 2, Mar 1994
The early 1990s mark the centenary of Alfred Marshall's work on the Royal Commission on Labour, which enquired into labour relations, combinations of employers and…
By Malcolm Rutherford
Volume 14, Issue 2, Jun 2007
This paper examines the connections between American institutionalists and a number of ‘non-Marshallian’ British economists and social scientists, several of whom were associated with the…
By Iara Vigo de Lima; Danielle Guizzo
Volume 27, Issue 4, Oct 2015
Adam Smith played a key role in Foucault's archaeology of political economy. This archaeology, which Foucault accomplished in The Order of Things, is the focus…
By Anthony Brewer
Volume 4, Issue 1, Mar 1997
Despite their differences on other questions, Hume and Steuart had almost identical theories of long-run economic development. In their story, agriculture can produce a surplus…
By Gilbert Faccarello
Volume 13, Issue 1, Mar 2006
This paper examines some ideas developed in the field of public economics by French Sensationist political economists, from Turgot and Condorcet to the young Jean-Baptiste…
By Ghislain Deleplace; Christophe Depoortère; Nicolas Rieucau
Volume 20, Issue 1, Feb 2013
This article transcripts and comments a hitherto unpublished letter by David Ricardo, dated 19 January 1823 and addressed to Grenfell. In this letter Ricardo opposes…
By Daniele Besomi; Giorgio Colacchio
Volume 22, Issue 1, Jan 2010
In 1851 the French Social economist Auguste Ott discussed the problem of gluts and commercial crises, together with the issue of distributive justice between workers…
By Professor Franck Jovanovic
Volume 19, Issue 3, Jun 2012
This article presents the results of new research on the history of financial economics by analysing the dissemination of Louis Bachelier's work. Louis Bachelier is…
By Jérôme de Boyer des Roches
Volume 20, Issue 4, Aug 2013
By granting credit and issuing money, banks take a liquidity risk - that is, the risk of being unable to reimburse its notes in coins.…
By Gilles Campagnolo; Christel Vivel
Volume 19, Issue 6, Dec 2012
The paper aims at questioning the conceptual connection between Schumpeter, Sombart and Wieser on entrepreneurship. Using Schumpeter ‘to come back before Schumpeter’, we show which…
By Jocelyn Poirel
Volume 21, Issue 3, Jun 2014
The aim of this paper is to provide a rational reconstruction of Beveridge's theory of unemployment published in 1909. First and foremost, it shows that…
By Klaus Hofmann
Volume 20, Issue 3, Jun 2013
After an introductory section, this article reviews reasons and arguments establishing the invalidity of Malthus's construct of a ‘principle of population’. Section 3 propounds that…
