Economics Catalogue 2005.Qxp

Total Page:16

File Type:pdf, Size:1020Kb

Economics Catalogue 2005.Qxp General Economics 2 Industrial Economics 12 Labor Economics 12 Managerial Economics 15 Public Sector Economics 16 Regional Economics 18 Econometrics & Mathematical Economics 21 Game Theory 22 International Economics 23 International Trade & Globalization 27 Political Economics 29 Economic History 31 Agricultural Economics 33 Environmental Economics 36 Developmental Economics 37 Oil & Energy 40 Statistics 41 General Finance 44 How to use this interactive catalogue: Money & Banking 49 Risk Management & Insurance 50 Clicking on the page numbers in the Financial Markets 52 contents list will take you straight to that Corporate Finance 53 section. Investments 54 Click on a book or journal title, cover image Mathematical Finance / Accounting & Financial Management 56 or URL to take you to the corresponding page on the Blackwell Publishing website. Accounting & Financial Management 57 Textbook Websites & Reference 61 Blackwell Publishing is not responsible for Index 62 the content of external websites. GENERAL ECONOMICS Conflict and NEW JOURNALS A Course in Monetary onitCaopnerad tcilCooperationConf International Journal Institutional and Behavioral Mn iEcoAenyus aroe tm,csi Economics Econ oTmfh eyc ori of Economic Theory Economics Sequential Trade, Money, and Uncertainty Edited by KAZUO NISHIMURA & ALNA CA.SH,MD I ALLAN SCHMID BNAEMJ ID,BENJAMINENE EDEN Michigan State University Vanderbilt University and the University of Haifa MAKOTO YANO “Right from the beginning, A COURSE IN MONETARY ECONOMICS is an The INTERNATIONAL JOURNAL OF ECONOMIC Schmid’s magnificent volume insightful introduction to the advanced topics THEORY (IJET) publishes original articles in has individuals interacting in monetary economics. Accessible to students all fields of economic theory and aims to be with historically-given who have mastered the diagrammatic tools of a leading outlet for institutions. There is no economics, it discusses real issues with a variety theorists’ work. As of modeling alternatives, allowing for a direct isolated Robinson Crusoe well as covering comparison of the implications of the different both pure and here. Schmid’s book is a models.The exposition is clear and logical, applied economic superb overview of the modern providing a solid foundation in monetary theory theory, it aims to literature on human agency and the techniques of economic modeling. publish articles in an institutional setting; it concerned with The inventive analysis explores an extensive theoretical issues in is the best and most range of topics including the optimum quantity any specialized comprehensive introduction to of money, optimal monetary and fiscal policy, field.The journal this cutting-edge literature in and uncertain and sequential trade models. EXCITING NEW also intends to Additionally, the text contains a simple general JOURNAL modern economics.” encourage the GEOFFREY HODGSON, equilibrium version of Lucas’ (1972) confusion work of young researchers who are not yet UNIVERSITY OF HERTFORDSHIRE hypothesis, and presents and synthesizes the established in the profession. IJET is results of recent empirical work. The text is For those who wonder how produced in co-operation with Keio rooted in the author’s years of teaching and ethics and psychology fit into University and Kyoto University as a joint research, and will be highly suitable for economics, Allan Schmid’s project of the research programs funded by monetary economics courses in both the innovative text, CONFLICT AND the Ministry of Education. upper-level undergraduate and graduate levels. COOPERATION, explores the importance of moral judgments 424 PAGES SAMPLE CONTENTS 0-631-21565-4 HB / 0-631-21566-2 PB / AUGUST 2004 in settling conflicts of interest, 2 A Dynamic Common Property and the profound effects of Resource Problem with Amenity Value human behavior on economic Famous Fables of and Extraction Costs theories and models. Gerhard Sorger Investigating the institutional oncEsmc iof esbaFlmEconomics ous ‘rules of the game’ - both formal Myths of Market Failures 2 No-Arbitrage Condition and Existence and informal - and how these of Equilibria in Asset Markets with a leDnai ,brepEditedSul by DANIEL F. SPULBER Continuum of Traders rules change to serve Northwestern University competing interests, this text Cuong Le Van and François Magnien addresses the substantive This provocative book explores the mythical impact of alternative nature of some of economists’ favorite stories 2 Some Stability Results for Markovian institutions and institutional and raises fundamental questions about the Economic Semigroups evolution. An economic role of the government in society. Leonard J. Mirman, Kevin Reffett and John Stachurski framework emerges, 320 PAGES / 18 FIGURES acknowledging human learning 0-631-22674-5 HB / 0-631-22675-3 PB / 2001 and preference change, PUBLISHED FOR THE INTERNATIONAL SOCIETY FOR bounded rationality, and ECONOMIC THEORY IN CO-OPERATION WITH KEIO UNIVERSITY AND KYOTO UNIVERSITY WITH FUNDING ALSO OF INTEREST disequilibrium. FROM THE MINISTRY OF EDUCATION Ddaec toLs span’JJapan’s Lost Decade 360 PAGES / 1 FIGURE MROBR ET ARSENEditedTXO,GRN AHRY OU,ES by GARY R. SAXONHOUSE & ROBERT M. STERN www.blackwellpublishing.com/IJET 1-4051-1355-3 HB SERIES:WORLD ECONOMY SPECIAL ISSUES 1-4051-1356-1 PB / APRIL 2004 2 136 PAGES / 1-4051-1917-9 PB / JANUARY 2004 ISSN: 1742-7355,VOLUME 1 (2005), FOUR TIMES A YEAR GENERAL ECONOMICS JOURNALS NEW IN 2005 oncEamc:inrdexEconomicaI hT enlaourJoncE mc:inrdexTheI Economic Journal Winners and Losers in Edited by FRANK COWELL, Edited by MARIANNE BERTRAND, oncGlobalizationEsmci TORE ELLINGSEN & ALAN MANNING LEONARDO FELLI, STEVE MACHIN, AOXIKAI GUILLERMOYAN,G DE LA DEHESA ANDREW SCOTT & JAUME VENTURA Centre for Economic Policy Research ECONOMICA is an international This book presents a technical, objective and journal devoted to research in all THE ECONOMIC JOURNAL is among the foremost of dispassionate analysis of the globalization debate, branches of economics. the learned journals in economics and a key detailing the economic effects of globalization on Theoretical and empirical articles source for professional economists in higher governments, nation-states and on business. It are welcome from all parts of the education, business, government service and the assesses its impact on both labor markets and international research community. financial sector. It has successfully launched two financial markets, on global economic growth and ECONOMICA is a leading types of issue - articles and features. More than 40 on income distribution and real convergence economics journal, appearing high-quality refereed articles are published each between different national economies. Seeking high in the published citation year offering readers the best new work in reason in an impassioned debate, Dehesa examines rankings. In addition to the main theoretical, applied and empirical research from who stands to win and who stands to lose from papers which make up each issue, across the entire field of economics.The features the process of globalization, in prose accessible to there is an extensive review section publishes symposia and special articles readers unfamiliar with economic theory. section, covering a wide range of that cover topical policy relevant questions in recently published titles at all contemporary economics, and regular features on 208 PAGES / 1-4051-3382-1 HB / MAY 2005 levels. data and technology including extensive book reviews and informative software reviews. THE SAMPLE CONTENTS oncEconomicsEsmci ECONOMIC JOURNAL represents unbeatable value New Classical versus 2 The Independent-Innovation for those who want to keep abreast in current Neoclassical Defense in Intellectual thinking in economics. Frameworks Property SAMPLE CONTENTS AOXIKAI XIAOKAIYAN,G YANG Stephen Maurer and Suzanne Monash University Scotchmer 2 Sargent-Wallace Meets Krugman-Flood- This innovative text Garber or:Why Sovereign Debt Swaps Don't 2 Sanctions and Civil Conflict ushers in a new way of Avert Macroeconomic Crises? Dmitriy Gershenson examining basic J. Aizenman, K. Kletzer and B. Pinto 2 Schooling Quality in a Cross Section of economic issues, teaching economics from a 2 Comparative Analysis of Litigation Systems: Countries different standpoint; using a division-of-labor An Auction-Theoretic Approach JongWha Lee and Robert J. Barro theme to eliminate the need for a dichotomy M. Baye, D. Kovenock and C. de Vries between microeconomics and macroeconomics. 2 Reach for the Stars: A Strategic Bidding Game While innovative in content, it maintains the 2 Memory and Anticipation Lynne M. Pepall and Daniel J. Richards continuity of mainstream economics through a B. D. Bernheim and R.Thomadsen 2 Consumption and the Means of Payment: synthesis of existing and emerging branches of 2 A Small Corner of Intertemporal Public Finance An Empirical Analysis for the United Kingdom economics.This is an exceptional work that will W. Buiter Jayasri Dutta and Martin Weale encourage both creative and critical thinking. 2 Strategic Complementarities and the Twin 784 PAGES / 140 FIGURES PUBLISHED FOR THE SUNTORY-TOYOTA INTERNATIONAL Crises 0-631-22001-1 HB / 0-631-22002-X PB / 2001 CENTRES FOR ECONOMICS AND RELATED DISCIPLINES ON I. Goldstein BEHALF OF THE LONDON SCHOOL OF ECONOMICS ALSO OF INTEREST www.blackwellpublishing.com/ECCA PUBLISHED ON BEHALF OF THE ROYAL ECONOMIC SOCIETY Surveys in Economic Growth Edited by DONALD A.R. GEORGE, LES T. OXLEY & THE ECONOMIC JOURNAL IS NOW AVAILABLE TO MEMBERS
Recommended publications
  • A Complete Bibliography of the Journal of the American Statistical Association: 1920–1929
    A Complete Bibliography of The Journal of the American Statistical Association: 1920{1929 Nelson H. F. Beebe University of Utah Department of Mathematics, 110 LCB 155 S 1400 E RM 233 Salt Lake City, UT 84112-0090 USA Tel: +1 801 581 5254 FAX: +1 801 581 4148 E-mail: [email protected], [email protected], [email protected] (Internet) WWW URL: http://www.math.utah.edu/~beebe/ 19 May 2021 Version 1.03 Title word cross-reference 1921 [Ano22j]. 1923 [Ano23i, Del23]. 1924 [Ano25d]. 1925 [Ano25f, Ano25e, Ano25g]. 1926 [Ano26e, Ano26d, Ano26f, Ano27g]. 1927 [Ano27i, Ano27h, Ano27j, Ano28f]. 1928 [Ano28h, Ano28g, Ano28i, Ano29c]. 1929 [Ano29e, Ano29d, Ano29f, Ano30c]. 20th [Ano25q]. 25th [Ano25q]. Abridged [Gro23]. Abstracts [Ano24r, Cha28b]. Accidents [For28a]. Accounting [Han30]. Accounts [Cop28]. Accuracy [Dow29]. Acreage [Bey29, Nor28, Smi25b]. Activities [Ano22l, Hof24, Mit28]. Activity [Sny24b]. Adapted [Wri26b]. Added [Ano26e, Ano26d, Ano26f, Ano27g, Ano27i, Ano27h, Ano27j, Ano28f, Ano28h, Ano28g, Ano28i, Ano29c, Ano29e, Ano29d, Ano29f, MP27]. Addition [Ano27a]. Address [Del23]. Adjustment [Hur23b]. Adjustments [JT27]. 1 2 Adopted [Ano22a, Ano25q]. Adult [Bak23]. Advantages [Smi26]. Adventure [Ros23]. Advisory [Ano22a, Ano25p, RDG+22]. Affected [Sha22]. Affecting [Bur27, Hol23c]. After [Nad30, War30]. Age [Lev28, TW26]. Ages [Har23c]. Aggregative [Ash28]. Agricultural [B.28b, Gen30]. Agriculture [Aus30, Bea30b, H.24d, Ste22c, Tru22]. Aid [Pol22, She25]. Aids [Ach29]. Alcohol [Wil26b]. Alexander [Van26]. All-Inclusive [Alt22]. Allocation [Cru26, Lor26b]. Almshouse [Cla25c]. Amentia [Har23c]. Aments [Har23c]. America [Ano23b]. American [Ano22a, Ano22j, Ano23b, Ano23i, Ano25b, Ano26l, Ano27t, Ano30c, Cha24, Kin25c, KC23, Ano24b, Ano24a, Ano24i, Ano24n, Ano26a, Ano26g, Ano26n, Ano28a, Ano28j, Ano28p, Fry27, Glo26b, K.24, Kin27b, Lot27, Van24, Wol30]. Among [B.28a].
    [Show full text]
  • Professional Economists and Policymaking in the United States, 1880-1929
    ABSTRACT Title of Dissertation: IRRELEVANT GENIUS: PROFESSIONAL ECONOMISTS AND POLICYMAKING IN THE UNITED STATES, 1880-1929 Jonathan S. Franklin, Doctor of Philosophy, 2014 Dissertation Directed By: Professor David B. Sicilia, Department of History The rapid establishment and expansion of economics departments in colleges across the United State in the late nineteenth century indicates a significant shift in the way Americans understood economic science and its importance to federal economic policy. This dissertation addresses that phenomenon by explaining how American economists professionalized; and how that process influenced economic policymaking in the U.S. from the formation of the American Economic Association in 1885 to the Great Depression of the 1930s. Chapters alternate between analyzing the dilemmas economists faced while crafting a distinct academic discipline and investing early professional economists’ role in the federal economic policymaking process. Three emerging themes help explain the consistent failure of early U.S. economists to translate modern economic theory to economic policy in a timely fashion. First, public skepticism and the persistence of folk economics proved to be a powerful deterrent to professionally-trained economists’ authority in debates over policy matters. The combination of democratic idealism, populist politics, and skepticism regarding the motivations of professionally-trained economists undercut much of the social prestige professional economists garnered as educated elites. Second, disagreement among professional economists, often brought on by young economists’ efforts to overturn a century’s worth of received wisdom in classical economic theory, fostered considerable dissent within the field. Dissent, in turn, undermined the authority of professional economists and often led to doubt regarding economists’ abilities among the public and policy compromises that failed to solve economic problems.
    [Show full text]
  • Economists Against Smoot-Hawley
    SMOOT -HAWLEY Econ Journal Watch, Volume 4, Number 3, September 2007, pp 345-358. CHARAC T ER Iss UE S : CLA ss IC REPRIN T Economists Against Smoot-Hawley AB S TRAC T THE SMOO T -HAWLEY TARIFF OF 1930 S IGNIFICAN T LY RAI S ED IMPOR T RE - strictions, reduced trade and prosperity, provoked protectionist retaliation by for- eign governments, and damaged the spirit of peace, cooperation, and goodwill. A summary of economic scholarship on the topic is found in the open-ac- cess article by Anthony O’Brien, “Smoot-Hawley Tariff,” EH.NET Encyclopedia, edited by Robert Whaples, August 15, 2001 (link). Representative W.C. Hawley and Senator Reed Smoot (link) Economists mustered a remarkable protest to the bill. The chief author seems to have been Paul H. Douglas. In his memoirs, In the Fullness of Time (Har- court Brace Jovanovich, 1972, 71), Douglas wrote: The six months at Swarthmore were crowded with activity. With Clair Wilcox I drafted an appeal to President Herbert Hoover urging him to veto the Smoot-Hawley tariff, which raised duties to their highest levels. In this we pointed out how the increase in duties on imports 345 VOLUME 4, NUMBER 3, SEPTEMBER 2007 CLA ss IC REPRI N T decreased the ability of other countries to buy goods from us. Also, it would provoke them to retaliatory tariffs. No fewer than 1,028 economists signed the appeal, and I think poor Hoover wanted to take our advice. His party was so strongly committed to protection, however, that he felt compelled to sign the bill, with the result that all our predictions came true.
    [Show full text]
  • America's Great Depression
    America’s Great Depression Fifth Edition America’s Great Depression Fifth Edition Murray N. Rothbard MISES INSTITUTE Copyright © 1963, 1972 by Murray N. Rothbard Introduction to the Third Edition Copyright © 1975 by Murray N. Rothbard Introduction to the Fourth Edition Copyright © 1983 by Murray N. Rothbard Introduction to the Fifth Edition Copyright © 2000 by The Ludwig von Mises Institute Copyright © 2000 by The Ludwig von Mises Institute All rights reserved. Printed in the United States of America. No part of this book may be reproduced in any manner whatsoever without written permission except in the case of reprints in the context of reviews. For information write The Ludwig von Mises Institute, 518 West Magnolia Avenue, Auburn, Alabama 36832. ISBN No.: 0-945466-05-6 TO JOEY, the indispensable framework The Ludwig von Mises Institute dedicates this volume to all of its generous donors, and in particular wishes to thank these Patrons: Dr. Gary G. Schlarbaum – George N. Gallagher (In Memoriam), Mary Jacob, Hugh E. Ledbetter – Mark M. Adamo, Lloyd Alaback, Robert Blumen, Philip G. Brumder, Anthony Deden (Sage Capital Management, Inc.), Mr. and Mrs. Willard Fischer, Larry R. Gies, Mr. and Mrs. W.R. Hogan, Jr., Mr. and Mrs. William W. Massey, Jr., Ellice McDonald, Jr., MBE, Rosa Hayward McDonald, MBE, Richard McInnis, Mr. and Mrs. Roger Milliken (Milliken and Company), James M. Rodney, Sheldon Rose, Mr. and Mrs. Edward Schoppe, Jr., Mr. and Mrs. Robert E. Urie, Dr. Thomas L. Wenck – Algernon Land Co., L.L.C., J. Terry Anderson (Anderson Chemical Company), G. Douglas Collins, Jr., George Crispin, Lee A.
    [Show full text]
  • Handbook of Public Finance General Editors: Juergen G
    Handbook of Public Finance General Editors: Juergen G. Backhaus University of Erfurt Richard E. Wagner George Mason University Contributors: Andy H. Barnett Charles B. Blankart Thomas E. Borcherding Rainald Borck Geoffrey Brennan Giuseppe Eusepi J. Stephen Ferris Fred E. Folvary Andrea Garzoni Heinz Grossekettler Walter Hettich Scott Hinds Randall G. Holcombe Jean-Michel Josselin Carla Marchese Alain Marciano William S. Peirce Nicholas Sanchez David Schap A. Allan Schmid Russell S. Sobel Stanley L. Winer Bruce Yandle Handbook of Public Finance Editors Jürgen G. Backhaus University of Erfurt and Richard E. Wagner George Mason University KLUWER ACADEMIC PUBLISHERS NEW YORK, BOSTON, DORDRECHT, LONDON, MOSCOW eBook ISBN: 1-4020-7864-1 Print ISBN: 1-4020-7863-3 ©2005 Springer Science + Business Media, Inc. Print ©2004 Kluwer Academic Publishers Boston All rights reserved No part of this eBook may be reproduced or transmitted in any form or by any means, electronic, mechanical, recording, or otherwise, without written consent from the Publisher Created in the United States of America Visit Springer's eBookstore at: http://ebooks.kluweronline.com and the Springer Global Website Online at: http://www.springeronline.com Handbook of Public Finance Table of Contents 1. Jürgen G. Backhaus and Richard E. Wagner 1 Society, State, and Public Finance: Setting the Analytical Stage 2. Russell S. Sobel Welfare Economics and Public Finance 19 3. Geoffrey Brennan and Giuseppe Eusepi Fiscal Constitutionalism 53 4. Thomas E. Borcherding, J. Stephen Ferris, and Andrea Garzoni Growth in the Real Size of Government since 1970 77 5. Walter Hettich and Stanley L. Winer Rules, Politics, and the Normative Analysis of Taxation 109 6.
    [Show full text]
  • January 1, 2011 the Influence of Irving Fisher on Milton Friedman
    January 1, 2011 The Influence of Irving Fisher on Milton Friedman‘s Monetary Economics Michael D. Bordo and Hugh Rockoff Rutgers University Paper prepared for the AEA Session on Irving Fisher and Modern Economics: 100 years after the Purchasing Power of Money, Denver January 8, 2010 1 1. Introduction Irving Fisher was the most prominent American economist of the early twentieth century. Milton Friedman was the most prominent economist of the later twentieth century. Fisher‘s writings in monetary economics, especially the Purchasing Power of Money ( 1911) had a major impact on Friedman‘s theoretical and empirical work in monetary economics. In addition, Fisher‘s views on monetary policy and monetary reform aligned quite clearly with Friedman‘s views. This paper examines the influence of Fisher‘s writings on Friedman‘s work in monetary economics. We focus first on Fisher‘s influences in monetary theory ( the quantity theory of money, the Fisher effect, Gibson‘s Paradox, the monetary theory of business cycles and the Phillips Curve), empirics (eg distributed lags.). Then we discuss Fisher and Friedman's views on monetary policy and various schemes for monetary reform ( the k% rule, freezing the monetary base, the compensated dollar, a mandate for price stability, 100% reserve money, stamped money.) Section 2 provides a brief biography of the two scholars and brings out some of the similarities of their careers. Section 3 discusses Fisher‘s influence on Friedman‘s monetary theory. Section 4 discusses Fisher and Friedman on monetary reform. To clarify Fisher‘s influences on Friedman we document all the citations to Fisher in Friedman‘s published work in Table 1.
    [Show full text]
  • Clutics of HENRY GEORGE an APPRAISAL of THEIR STRICTURES on PROGRESS ANDPOVERTY
    Studies in Economic Reform and Social Justice CluTIcs OF HENRY GEORGE AN APPRAISAL OF THEIR STRICTURES ON PROGRESS ANDPOVERTY Edited by Robert V. Andelson Second Edition Revised and Enlarged Volume 2 Annual Supplement The American Journal of Economics and Sociology Blackwell I Publishing The Series Studies in Economic Reform and Social Justice Laurence S. Moss, Series Editor Robert V. Andelson, ed. Land-Value Taxation Around the World Critics of Henry George, 2nd edition, volume 1 (2003) Critics of Henry George, 2nd edition, volume 2 (2004) J. A. Giacalone and C. W. Cobb, eds. The Path to Justice: Following in the Footsteps of Henry George Christopher K, Ryan Harry Gunnison Brown An Orthodox Economist and His Contributions 34 Blaug:Edging Toward Full Appreciation By MARY M. CLEVELAND I owe the decision to study economics to the influence of the writings of Henry George and Karl Marx. In 1944 I was 17 years old and attending Peter Stuyvesant High School in New York City. I enrolled for a course in Commerce, and in the last week of the term the teacher took some of the better students, which included me, to a special lecture at a nearby Henry George School. The lecture was an explanation of why the unrestrained growth of land rentals had produced poverty, wars, and all the other ills of modern civilization. Henry George had long ago provided both the diagnosis of the evil and the treatment that would cure it: a single con- fiscatory tax on ground rent! At the end of the lecture, we were all presented with free copies of Henry George's Progress and Poverty, which I duly read without understanding much of it.
    [Show full text]
  • Power and Market (1970) / Murray N. Rothbard
    Power & Market Murray N. Rothbard Cosponsored by the Institute for Humane Studies, Inc., Menlo Power and Market Park, California, and Cato Institute, San Francisco. Government and the Economy Power and Market copyright © 1970 by the Institute for by Humane Studies, Inc. Second edition, copyright © 1977 by the Institute for Humane Studies, Inc. All rights reserved. Printed Murray N. Rothbard in the United States of America. No part of this book may be used or reproduced in any manner whatsoever without written Sheed Andrews and Mcmeel, Inc. permission except in the case of reprints within the context of reviews. For information write Sheed Andrews and McMeel, Subsidiary of Universal Press Syndicate Inc., 6700 Squibb Road, Mission, Kansas 66202. Kansas City ISBN: 0-8362-0750-5 cloth 0-8362-0751-3 paper Library of Congress Catalog Card Number: 70-111536 [p. v] Books by Murray N. Rothbard The Panic of 1819 Man, Economy, and State America’s Great Depression For a New Liberty Conceived in Liberty 1 Power & Market Murray N. Rothbard discussed this concept have not bothered to justify the existence of taxation Preface itself. The search for a tax “neutral” to the market is also seen to be a hopeless This book emerges out of a comprehensive treatise on economics that I chimera. wrote several years ago, Man, Economy, and State (2 vols., Van Nostrand, In addition, this book sets forth a typology of government intervention, 1962). That book was designed to offer an economic analysis of Crusoe classifying different forms as autistic, binary, or triangular. In the analysis of economics, the free market, and of violent intervention—empirically, by triangular intervention in Chapter 3, particular attention is paid to the government almost ex clusively.
    [Show full text]
  • Harry Gunnison Brown: Economist
    Harry Gunnison Brown: Economist About the Book and Author "For decades, [his] work was neglected as the profession pursued one fad after another, but now, as economists have returned, more or less, to their mainstream, they are seeing once again the brilliance and insight of people like H.G. Brown." -Arnold Harberger, University of Chicago "A valuable addition to scholarship. Leaves no doubt that this professor at Missouri was intellectually top-rank. The author shows why and in doing so illuminates issues of continuing importance." -C. Lowell Harriss, Columbia University and Executive Director, Academy of Political Science Harry Gunnison Brown (1880-1975) was one of the greatest U.S. econ- omists of this century. Although his work was widely known and respected throughout his long life, his reputation has suffered in our time. Partly this decline was a result of his fiercely independent mind, which often led him to dissent from the mainstream of his profession. Most notably, his life-long support for Henry George's controversial views on the taxation of land and his later opposition to Keynesian orthodoxy put him in opposition to his peers. But whether he was arguing for Georgian tax programs, for monetarist macroeconomic policy, for free trade, or for his views on any of the issues of his time, his acute intelligence and modem tum of thought were always evident, as was his insistence upon combining clarity of economic thought with a concern for the common welfare. The story of Brown's career is an important chapter in the history of U.S. economic thought, a chapter that was in danger of being lost.
    [Show full text]
  • The Influence of Irving Fisher on Milton Friedman's Monetary
    NBER WORKING PAPER SERIES THE INFLUENCE OF IRVING FISHER ON MILTON FRIEDMAN’S MONETARY ECONOMICS Michael D. Bordo Hugh Rockoff Working Paper 17267 http://www.nber.org/papers/w17267 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138 August 2011 There were no outside sources of funding for this paper. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research. NBER working papers are circulated for discussion and comment purposes. They have not been peer- reviewed or been subject to the review by the NBER Board of Directors that accompanies official NBER publications. © 2011 by Michael D. Bordo and Hugh Rockoff. All rights reserved. Short sections of text, not to exceed two paragraphs, may be quoted without explicit permission provided that full credit, including © notice, is given to the source. The Influence of Irving Fisher on Milton Friedman’s Monetary Economics Michael D. Bordo and Hugh Rockoff NBER Working Paper No. 17267 August 2011 JEL No. B21,B31,N10 ABSTRACT This paper examines the influence of Irving Fisher’s writings on Milton Friedman’s work in monetary economics. We focus first on Fisher’s influences in monetary theory (the quantity theory of money, the Fisher effect, Gibson’s Paradox, the monetary theory of business cycles, and the Phillips Curve, and empirics, e.g. distributed lags.). Then we discuss Fisher and Friedman's views on monetary policy and various schemes for monetary reform (the k% rule, freezing the monetary base, the compensated dollar, a mandate for price stability, 100% reserve money, and stamped money.) Assessing the influence of an earlier economist's writings on that of later scholars is a challenge.
    [Show full text]
  • Harry Gunnison Brown: Economist Christopher Keith Ryan Iowa State University
    Iowa State University Capstones, Theses and Retrospective Theses and Dissertations Dissertations 1985 Harry Gunnison Brown: economist Christopher Keith Ryan Iowa State University Follow this and additional works at: https://lib.dr.iastate.edu/rtd Part of the Economic History Commons, and the History Commons Recommended Citation Ryan, Christopher Keith, "Harry Gunnison Brown: economist " (1985). Retrospective Theses and Dissertations. 12099. https://lib.dr.iastate.edu/rtd/12099 This Dissertation is brought to you for free and open access by the Iowa State University Capstones, Theses and Dissertations at Iowa State University Digital Repository. It has been accepted for inclusion in Retrospective Theses and Dissertations by an authorized administrator of Iowa State University Digital Repository. For more information, please contact [email protected]. INFORMATION TO USERS This reproduction was made from a copy of a document sent to us for microfilming. While the most advanced technology has been used to photograph and reproduce this document, the quahty of the reproduction is heavily dependent upon the quality of the material submitted. The following explanation of techniques is provided to help clarify markings or notations which may appear on this reproduction. 1. The sign or "target" for pages apparently lacking from the document photographed is "Missing Page(s)". If it was possible to obtain the missing page(s) or section, they are spliced into the film along with adjacent pages. This may have necessitated cutting through an image and duplicating adjacent pages to assure complete continuity. 2. When an image on the film is obliterated with a round black mark, it is an indication of either blurred copy because of movement during exposure, duphcate copy, or copyrighted materials that should not have been filmed.
    [Show full text]
  • Sales-Tax Bias Against Turnover and Jobs Mason Gaffney Insights August-September 2011
    1 Sales-Tax Bias against Turnover and Jobs Mason Gaffney Insights August-September 2011 Foreword My thesis is that retail sales taxes, however "general" or universal in their apparent coverage, tax capital for turning over; turnover means replacement; and replacement sustains demand for labor. Replacement does not just depend on sales, it anticipates them, and thereby generates the consumer incomes that finance them: thus it can take the lead in the otherwise circular and now vicious circle of macro-economics in which employers wait for consumers, while consumers wait for jobs. Turnover is measured by the sales/capital ratio, which is highly variable among different firms, products, locations, stages of the cycle - and tax regimes, which economists influence. Sales taxes depress it heavily. Public officials at all levels feel major pressure to make jobs, as they should. But how? We begin with the physician’s motto, primum non nocere (first, do no harm). This is not a mindless grouch at all taxes, for we need public revenues, and some taxes have positive effects. This is a rifle-shot at retail sales taxes. These are a major source of state revenues today, they have grown fast since about 1932, and many politicians and lobbyists and academic and think-tank economists are agitating to raise them, and to add a Federal sales tax or VAT. The Prevailing Canon Standard textbooks and learned papers tell us that a truly general retail sales tax, unlike an excise tax, is neutral as between one commodity and another. A statewide tax is also neutral between locations, since it is the same in one town or region as another.
    [Show full text]