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Newsletter July 2018
Royal Economic Society Issue no. 182 Newsletter July 2018 ‘Go west (or east), young woman!’ Features Since the last Newsletter, much has been made in the print and broadcast media of the gender pay gap. Sadly, the latest Conference report p.3 Inomics Salary Report confirms that women economists are likely, as a general rule, to be paid less than their male coun- Inomics 2018 Salary Report p.8 terparts. This applies in both academia and the private sector. Like all general rules, however, this one has its exceptions. The Bank of England’s One Bank Report shows that female economists in senior academic posi- research agenda: update p.10 tions earn more than men in the region described as ‘Australia and Oceania’ — the difference is about nine per cent. For RES Strategy, 2018-23 p.13 female economists in the private sector, however, North Doing Economics p.16 America is the place to be. Here, senior level female econo- mists typically earn the same as or slightly more than their Women in the early days of the RES p.19 male equivalents. Elsewhere the conventional gap remains, The 50th History of though the data suggests that it may be very slowly closing. Economic Thought Conference p.22 Whatever the reason for the persistent gap may be, it cannot be that women have come late to the economics party. Ian Preston’s article shows that a number of women were very active in the founding of the British Economic Association, Comment the forerunner of the Royal Economic Society. The history Taxation, socialism and social justice p.23 theme is continued with Richard van den Berg’s account of the founding of the History of Economic Thought Conference. -
The Emergence of Intangible Capital
JYVÄSKYLÄ STUDIES IN HUMANITIES 285 Olli Turunen The Emergence of Intangible Capital Human, Social, and Intellectual Capital in Nineteenth Century British, French, and German Economic Thought JYVÄSKYLÄ STUDIES IN HUMANITIES 285 Olli Turunen The Emergence of Intangible Capital Human, Social, and Intellectual Capital in Nineteenth Century British, French, and German Economic Thought Esitetään Jyväskylän yliopiston humanistisen tiedekunnan suostumuksella julkisesti tarkastettavaksi yliopiston vanhassa juhlasalissa S212 huhtikuun 22. päivänä 2016 kello 12. Academic dissertation to be publicly discussed, by permission of the Faculty of Humanities of the University of Jyväskylä, in building Seminarium, auditorium S212, on April 22, 2016 at 12 o’clock noon. UNIVERSITY OF JYVÄSKYLÄ JYVÄSKYLÄ 2016 The Emergence of Intangible Capital Human, Social, and Intellectual Capital in Nineteenth Century British, French, and German Economic Thought JYVÄSKYLÄ STUDIES IN HUMANITIES 285 Olli Turunen The Emergence of Intangible Capital Human, Social, and Intellectual Capital in Nineteenth Century British, French, and German Economic Thought UNIVERSITY OF JYVÄSKYLÄ JYVÄSKYLÄ 2016 Editors Ilkka Nummela Department of History and Ethnology, University of Jyväskylä Pekka Olsbo, Ville Korkiakangas Publishing Unit, University Library of Jyväskylä Jyväskylä Studies in Humanities Editorial Board Editor in Chief Heikki Hanka, Department of Art and Culture Studies, University of Jyväskylä Petri Karonen, Department of History and Ethnology, University of Jyväskylä Paula -
Historical Origins and Development of Economic Rationalism by Major Donald K
Historical Origins and Development of Economic Rationalism By Major Donald K. Gates Macquarie University and Professor Peter Steane Southern Cross University Emails: [email protected] - [email protected] Keywords: Economic rationalism, neoclassical economics, classical economics, Keynesian economics, Mercantilism, liberalism or libertarianism Category: Paradigm Shift, Changing Environment, Future Perspectives, Historical view, Technology Intervention, Emerging Trends Introduction “[Economic rationalism’s] generative axiom is that the free market should determine all economic transactions”. Milton Friedman and Friedrich Hayek and most modern academic economists have supported the recent Australian terminological position known as ‘Economic Rationalism’ (Carroll, 1992, pp. 7 - 9). The use of `rationality’ in economic policy and practice implies a belief that economic decision-making needs to be ‘rational’ but this does not mean what many people assume viz. “sane, sensible, not foolish, absurd or extreme”. This paper traces the development of economic theory up till ‘economic rationalism’ became a household name. At each developmental stage factors leading to changes in economic theory are examined and leading protagonists and antagonists identified. Economic systems such as Mercantilism, classical economics, marginalism and neoclassical economics are embraced. The advance of neoclassical liberalism was subjected to strong pressure during the Great Depression and the Second World War and this led to reliance on macroeconomic theory as explained by John Maynard Keynes. An economic time line has been developed and placed in the appendix of the full paper. Early Economists and Economic Theory A student of Socrates, Xenophon (c431BC), is regarded as the first Greek economist (Hunter, 1996, p. 185, Pomeroy, 1994, pp. 42, 46). -
Encyclopedia of Libertarianism
The Encyclopedia of Libertarianism Augustus was sensible that mankind is governed by names; nor was he deceived in his expectation, that the senate and people would submit to slavery, provided they were respectfully assured, that they still enjoyed their ancient freedom. —Edward Gibbon, The Decline and Fall of the Roman Empire The Encyclopedia of Libertarianism Editor-in-Chief Ronald Hamowy Professor Emeritus of History, University of Alberta Assistant Editors Jason Kuznicki Research Fellow, Cato Institute Aaron Steelman Director of Research Publications, Federal Reserve Bank of Richmond Consulting Editor Deirdre McCloskey Professor of Economics, University of Illinois, Chicago Founding and Consulting Editor Jeffrey D. Schultz A project of the Cato Institute Copyright © 2008 by SAGE Publications, Inc. All rights reserved. No part of this book may be reproduced or utilized in any form or by any means, electronic or mechanical, including photocopying, recording, or by any information storage and retrieval system, without permission in writing from the publisher. For information: SAGE Publications, Inc. 2455 Teller Road Thousand Oaks, California 91320 E-mail: [email protected] SAGE Publications Ltd. 1 Oliver’s Yard 55 City Road London EC1Y 1SP United Kingdom SAGE Publications India Pvt. Ltd. B 1/I 1 Mohan Cooperative Industrial Area Mathura Road, New Delhi 110 044 India SAGE Publications Asia-Pacific Pte. Ltd. 33 Pekin Street #02-01 Far East Square Singapore 048763 Printed in the United States of America. Library of Congress Cataloging-in-Publication Data The encyclopedia of libertarianism / editor Ronald Hamowy. p. cm. Includes bibliographical references and index. ISBN 978-1-4129-6580-4 (cloth) 1. -
The Historical Journal KEYNES and the BRITISH ACADEMY
The Historical Journal http://journals.cambridge.org/HIS Additional services for The Historical Journal: Email alerts: Click here Subscriptions: Click here Commercial reprints: Click here Terms of use : Click here KEYNES AND THE BRITISH ACADEMY DONALD WINCH The Historical Journal / Volume 57 / Issue 03 / September 2014, pp 751 - 771 DOI: 10.1017/S0018246X14000247, Published online: 14 August 2014 Link to this article: http://journals.cambridge.org/abstract_S0018246X14000247 How to cite this article: DONALD WINCH (2014). KEYNES AND THE BRITISH ACADEMY. The Historical Journal, 57, pp 751-771 doi:10.1017/S0018246X14000247 Request Permissions : Click here Downloaded from http://journals.cambridge.org/HIS, IP address: 138.251.162.251 on 18 Sep 2014 The Historical Journal, , (), pp. – © Cambridge University Press doi:./SX KEYNES AND THE BRITISH ACADEMY* DONALD WINCH Sussex Centre for Intellectual History and St Andrews University ABSTRACT. This account of Keynes’s relationship with the British Academy begins with his early, perhaps premature, nomination as a Fellow and its sequel, an initial rejection by the Academy on political grounds in . The event became linked with the failure of his professorial colleague at Cambridge, Arthur Cecil Pigou, to be elected until on grounds that Keynes regarded as equally discreditable to the Academy. It was certainly one of the less edifying examples of Cambridge in- fighting. But having relented in his original decision not to allow his name to be put forward again Keynes was elected in . The article deals with Keynes’s subsequent participation in the affairs of the Academy, especially his part in nominating Beatrice Webb, the first woman to be elected to the Academy in ; and his contrasting failure to secure the election of Joan Robinson in the s. -
Women Civil Servants at the Board of Trade and the Factory Inspectorate, 1893-1919
Wheeldon, Christine Elizabeth. MPhil/PhD. Goldsmiths College, University of London. Title: ‘Pioneers in the Corridors of Power’: Women Civil Servants at the Board of Trade and the Factory Inspectorate, 1893-1919. June 2014 1 Acknowledgements. This study developed from the discovery of Clara Collet’s work, whilst reading Jane Miller’s ‘Seductions’. I thank her for that inspiration. Early retirement from my teaching position allowed me to return to academic study and I am profoundly grateful to my supervisor, Sally Alexander for all the help and support she has provided throughout the preparation of this thesis. I am forever in her debt. For their generous support and encouragement, I should like to thank my colleagues, Imogen Lee and Kate Murphy; long discussions in the British Library were invaluable motivational factors. I should also like the staff at the Women’s Library and the British Library and in particular, Carole Jones, archivist at the Modern Records Library, University of Warwick, for her tireless photocopying of the Collet and Streatfeild papers, which made life so much easier for a partially sighted student. I should like to thank my sister, Gillian Wilson, for her expertise as a proof reader, and the rest of my family; children and grandchildren, for their superb listening skills. A special mention goes to Roger, whose endless support and patience was priceless. Finally, I should like to thank the women of this study, whose memoirs and diaries provided much of the material for the thesis. 2 Abstract. In the early 1890s university educated women who were considered experts on women’s issues were appointed to the Home Office and the Board of Trade. -
Keynes and Say's
On Essays in Biography by Keynes by Richard J. Kent* Professor of Economics Kent State University Kent, OH 44242 330-672-1084 email: [email protected] fax: 330-672-9808 Revised, April 2009 * I would like to thank Dr. Patricia McGuire, Archivist, King‟s College Library, Cambridge University, for assistance concerning the Keynes Papers. I would also like to thank two anonymous referees for helpful comments on an earlier version of the paper. On Essays in Biography by Keynes I. Introduction Keynes was an excellent writer. Some of his best writing is in his biographical sketches and essays. Keynes devoted a lot of his time and effort on biographical writings, both as an author and as editor of the Economic Journal. There are forty-three essays by Keynes in the Collected Writings version of Essays in Biography. In addition there are two obituaries by Keynes in the Economic Journal which were inadvertently omitted from Essays in Biography.1 Both of these, obituaries of Andrew Andréadès (Economic Journal, September 1935, pp. 597-9) and Leonard Darwin (Economic Journal, December 1943, pp. 438-9), are published in volume XXX of Keynes‟s Collected Writings. There were over one hundred and forty obituaries published in the Economic Journal while Keynes was editor. In this paper Keynes as a writer and editor of biographical sketches and essays is discussed and analyzed. In his review of Volume X of the Collected Writings of John Maynard Keynes, Essays in Biography, Robbins wrote that it contains “the entire corpus of Keynes‟s biographical writings.” (Robbins 1973, p.