Review Of Political Economy Research Articles

High unemployment in developed economies

(1995). High unemployment in developed economies. Review of Political Economy: Vol. 7, No. 2, pp. 125-132.

Part II of Article 3 (Review of Political Economy, 6,3)

Part II of Article 3 (Review of Political Economy, 6,3)

Economics as the physics of society—an interview with Philip Mirowski

(1993). Economics as the physics of society—an interview with Philip Mirowski. Review of Political Economy: Vol. 5, No. 4, pp. 508-531.

The Austrians and the subjectivity of costs: postscript

(1993). The Austrians and the subjectivity of costs: postscript. Review of Political Economy: Vol. 5, No. 3, pp. 394-394.

Comment on David Young, Austrian views on monopoly: insights and problems

(1993). Comment on David Young, Austrian views on monopoly: insights and problems. Review of Political Economy: Vol. 5, No. 3, pp. 385-388.

The Austrians and the subjectivity of costs: a reply to Dietrich

(1993). The Austrians and the subjectivity of costs: a reply to Dietrich. Review of Political Economy: Vol. 5, No. 3, pp. 389-392.

The Austrians and the subjectivity of costs: a rejoinder

(1993). The Austrians and the subjectivity of costs: a rejoinder. Review of Political Economy: Vol. 5, No. 3, pp. 393-393.

Austrian economics and the theory of entrepreneurship: Israel M. Kirzner interviewed by Stephan Boehm on 2 May 1989

(1992). Austrian economics and the theory of entrepreneurship: Israel M. Kirzner interviewed by Stephan Boehm on 2 May 1989. Review of Political Economy: Vol. 4, No. 1, pp. 95-110.

Maximization, replication, and the economic rationality of positive economic science

(1991). Maximization, replication, and the economic rationality of positive economic science. Review of Political Economy: Vol. 3, No. 2, pp. 164-186.

Replay to D. Wade Hands' ‘Second thoughts on “Second thoughts”: reconsidering the Lakatosian progress of The general theory’

(1990). Replay to D. Wade Hands' ‘Second thoughts on “Second thoughts”: reconsidering the Lakatosian progress of The general theory’. Review of Political Economy: Vol. 2, No. 1, pp. 102-104.

The old versus the new institutionalism

(1990). The old versus the new institutionalism. Review of Political Economy: Vol. 2, No. 1, pp. 83-86.

Conforontation in Toronto: reactions to the ‘old’ versus ‘new’ institutionalism sessions

(1990). Conforontation in Toronto: reactions to the ‘old’ versus ‘new’ institutionalism sessions. Review of Political Economy: Vol. 2, No. 1, pp. 87-93.

Coping with uncertainty in economics: G.L.S. Shackle interviewed by Peter Earl during the first ‘New Directions in Post-Keynesian Economics’ conference, Malvern, August 1987

(1990). Coping with uncertainty in economics: G.L.S. Shackle interviewed by Peter Earl during the first ‘New Directions in Post-Keynesian Economics’ conference, Malvern, August 1987. Review of Political Economy: Vol. 2, No. 1, pp. 105-114.

An East Asian Model of Economic Development: Japan, Taiwan, and South Korea

The East Asian model of economic development focuses on 5 shared characteristics that seem significant in the contemporary economic development of Japan Taiwan and Korea. They are economic characteristics and include 1) high investment ratios 2) small public sectors 3) competitive labor markets 4) export expansion and 5) government intervention in the economy. Large and efficient investments in human capital and well-developed capacities to absorb new technology are 2 other economic features shared by The Three. One could add overcrowding (high man/land ratios) and scarcity of natural resources though these are handicaps rather than sources of economic strength. It is possible however that virtue springs from necessity and that ample arable land or abundant natural resources mainly permit governments to postpone the difficult decisions needed to promote development rather than provide the wherewithal needed to finance development. Other noneconomic characteristics of The Three such as ethnic and linguistic homogeneity relatively compact geography manageable population size and the Confucian tradition have not been considered in the model even though they have undoubtedly influenced labor productivity savings behavior and other aspects of economic performance. Whether the East Asian model ought to be followed depends on whether current and foreseeable circumstances are sufficiently like those faced by The Three to justify using the same policies that they used. Applicability of the East Asian model should also depend on whether the strategy employed by The Three has been responsible for their economic success. 2 aspects of the East Asian models policy features are noteworthy: 1) the policies typically work by influencing rather than replacing private market decisions and 2) the public expects government to intervene to influence economic growth.

Occupational Licensing and the Interstate Mobility of Professionals

Occupational Licensing and the Interstate Mobility of Professionals

Habit Formation and Dynamic Demand Functions

Most economists would agree that past consumption patterns are an important determinant of present consumption patterns, and that one ought to distinguish between long-run and short-run demand functions. But although the distinction between long-run and short-run behavior is traditional in the theory of the firm, it is seldom made in the theory of consumer behavior. If we regard demand theory as a theory of how a given amount of money (expenditure, called income) is allocated among goods, then-in a world without consumer durables-there are three reasons why longand shortrun demand functions might differ. (i) The consumer may have contractually fixed commitments which prevent him from adjusting some portion of his consumption (for example, housing) in response to changes in prices or income. When these fixed commitments lapse, he is able to adjust to his long-run equilibrium. (ii) The consumer may be ignorant of consumption possibilities or of his own tastes outside the range of his past consumption experience. In this case his adjustment to a new price-income situation will involve a time-consuming learning process. (iii) Finally, goods may be "habit forming" so that an individual's current preferences depend on his past consumption patterns. In this case a change in prices or income will cause a change-in consumption which will induce a change in tastes, which will cause a further change in consumption. In this paper I formulate a model of consumer behavior based on habit formation, beginning with a specific class of demand functions derived from the "modified Bergson family" of utility functions. The properties of these utility functions and the corresponding demand functions are briefly summarized in Section 1. I then postulate that the parameters

Marginal Cost of Hot Money

Previous articleNext article No AccessMarginal Cost of Hot MoneyH. Peter GrayH. Peter Gray Search for more articles by this author PDFPDF PLUS Add to favoritesDownload CitationTrack CitationsPermissionsReprints Share onFacebookTwitterLinkedInRedditEmail SectionsMoreDetailsFiguresReferencesCited by Journal of Political Economy Volume 72, Number 2Apr., 1964 Article DOIhttps://doi.org/10.1086/258888 Views: 2Total views on this site Citations: 3Citations are reported from Crossref Copyright 1964 The University of ChicagoPDF download Crossref reports the following articles citing this article:Cheng Yan Hot money in disaggregated capital flows, The European Journal of Finance 24, no.1414 (Dec 2017): 1190–1223.https://doi.org/10.1080/1351847X.2017.1411821H. Peter Gray Underestimating the Costs of Overvaluation, Review of Political Economy 8, no.33 (Jul 1996): 291–302.https://doi.org/10.1080/09538259600000064Peter B. Kenen Chapter 13 Macroeconomic theory and policy: How the closed economy was opened, (Jan 1985): 625–677.https://doi.org/10.1016/S1573-4404(85)02004-4

English Society in the Eleventh Century: Essays in English Mediaeval History. Paul Vinogradoff

Previous articleNext article FreeBook ReviewsEnglish Society in the Eleventh Century: Essays in English Mediaeval History. Paul Vinogradoff W. E. LuntW. E. Lunt Search for more articles by this author PDFPDF PLUS Add to favoritesDownload CitationTrack CitationsPermissionsReprints Share onFacebookTwitterLinkedInRedditEmail SectionsMoreDetailsFiguresReferencesCited by Journal of Political Economy Volume 17, Number 4Apr., 1909 Article DOIhttps://doi.org/10.1086/251529 Views: 219Total views on this site Citations: 9Citations are reported from Crossref Copyright 1909 The University of Chicago PressPDF download Crossref reports the following articles citing this article:Mai Anh Dao, George Ofori Determinants of firm compliance to environmental laws: a case study of Vietnam, Asia Europe Journal 8, no.11 (Jul 2008): 91–112.https://doi.org/10.1007/s10308-008-0186-yLeslie Kathleen Williams How culture evolves: an institutional analysis, International Journal of Social Economics 34, no.44 (Mar 2007): 249–267.https://doi.org/10.1108/03068290710734217Mohammed Nurul Alam The influence of societal sector institutions in promoting lender‐borrowers network relationships, Humanomics 22, no.22 (Apr 2006): 67–83.https://doi.org/10.1108/08288660610669374Saeed Parto Economic Activity and Institutions: Taking Stock, Journal of Economic Issues 39, no.11 (Jan 2016): 21–52.https://doi.org/10.1080/00213624.2005.11506779Chih‐Yu Shih Reconsidering the new institutional approach to China: English writings by Chinese Scholars, Journal of Communist Studies and Transition Politics 15, no.22 (Jun 1999): 126–145.https://doi.org/10.1080/13523279908415409Geoffrey M. Hodgson Institutional economic theory: the old versus the new, Review of Political Economy 1, no.33 (Nov 1989): 249–269.https://doi.org/10.1080/09538258900000021Geoffrey M. Hodgson Economics and Systems Theory, Journal of Economic Studies 14, no.44 (Apr 1987): 65–86.https://doi.org/10.1108/eb002655Geoff Hodgson The Rationalist Conception of Action, Journal of Economic Issues 19, no.44 (Jan 2016): 825–851.https://doi.org/10.1080/00213624.1985.11504438H. Frank Cervone Breaking out of “Sacred Cow” culture: The relationship of professional advice networks to receptivity to innovation in academic librarians, (): 71–149.https://doi.org/10.1016/S0732-0671(08)00203-4