45th Annual Meetings of the History of Economics Society Book of Abstracts Loyola University Chicago Chicago, Illinois June 14 - 17, 2018 1 Abstracts of Papers to be Presented at the 2018 History of Economics Society Annual Conference Loyola University Chicago, Chicago, Illinois June 14 - 17, 2018 TABLE OF CONTENTS Friday, June 15 FRI Plenary Session: Douglas Irwin, "The Rise and Fall of Import Substitution" .................. 3 FRI1A Session: “Smith and his Intellectual Milleu (IASS)” .............................................................. 3 FRI1B Session: “Remembering Craufurd Goodwin” .......................................................................... 5 FRI1C Session: “American Political Economy” ..................................................................................... 5 FRI1D Session: “Constitutional Economics” .......................................................................................... 7 FRI1E Session: “European Issues" ............................................................................................................. 9 FRI1F Session: “Biology” .............................................................................................................................11 FRI2A Session: “Smith and his Contemporary Issues (IASS)” ......................................................14 FRI2B Session: “Archival Round Table” ................................................................................................15 FRI2C Session: “French Economics in the Long 19th Century” ...................................................16 FRI2D Session: "Methodology" .................................................................................................................17 FRI2E Session: “Influences in Communist Economics” ..................................................................18 FRI2F Session: “Hayek, Insitutions and Knowledge” .......................................................................19 FRI3A Session: “Eighteenth-Century French Political Economy (IASS)” ................................20 FRI3B Session: “The Natural Rate at 50” ..............................................................................................21 FRI3C Session: “German-American Interactions” .............................................................................25 FRI3D Session: “Public Finance” ..............................................................................................................27 FRI3E Session: "Applied Economics" .....................................................................................................29 FRI3F Session: “Pedagogy” .........................................................................................................................30 Saturday, June 16 SAT1A Session: “Keynes Post Keynes” ..................................................................................................30 SAT1C Session: “Macro after Keynes” ....................................................................................................31 SAT1D Session: “Home Economics" .......................................................................................................32 SAT1E Session: “Fisher and Tinbergen" ..............................................................................................32 SAT2A Session: “Development” ................................................................................................................33 SAT2B Session: “Economics and Engineering: Institutions, Practices and Cultures” ........35 SAT2C Session: “Social Development” ...................................................................................................36 SAT2D Session: “Keynes, Econometrics, Risk and Growth” ..........................................................39 SAT2E Session: “Virtue” ...............................................................................................................................40 SAT2F Session: "Smith Across Time" .....................................................................................................42 SAT3A Session: “Smith the Polimath” ....................................................................................................43 SAT3B Session: “Methodological and Theoretical Foundations of Early Growth Models” ...............................................................................................................................................................45 SAT3C Session: “Conceptualizng Fairness”..........................................................................................46 SAT3D Session: “Macro” ..............................................................................................................................47 SAT3E Session: "HES Award Winners" ..................................................................................................48 SAT3F Session: “Post War Institutions” ................................................................................................48 SAT4A Session: “Marx 1” .............................................................................................................................50 SAT4C Session: “Röpke and Gramsci” ....................................................................................................51 2 SAT4D Session: “Institutional Economics”...........................................................................................53 SAT Plenary Session: Anwar Shaikh "Constructing a Classical-Keynesian Paradigm in Economics" ........................................................................................................................................................54 Sunday, June 17 SUN1A Session: “Before Smith” ................................................................................................................55 SUN1B Session: “Graduate Economics Training” ..............................................................................55 SUN1C Session: “Interwar Crises" ...........................................................................................................57 SUN1D Session: “Education” ......................................................................................................................58 SUN1E Session: “Consumption”................................................................................................................60 SUN2A Session: “Geography and Environment”................................................................................61 SUN2B Session: “The MacLean Controversy A Year Later” ...........................................................62 SUN2C Session: “Late 19th Century Economics” ...............................................................................63 SUN2D Session: “Finance and Risk” ........................................................................................................64 SUN2E Session: “Macro 2” ..........................................................................................................................66 SUN3A Session: “Smith Past and Present (IASS)” .............................................................................67 SUN3B Session: “Order, Power and Context in German-Language Neoliberalism” ............74 SUN3C Session: “Mid-20th Century”.......................................................................................................75 SUN3D Session: “Captial Competition Conflict Crisis: A Critial Discussion with the Author” ................................................................................................................................................................77 SUN3E Session: “Macro 3” ..........................................................................................................................77 SUN3F Session: “Experimental and Behavioral” ...............................................................................79 SUN4A Session: “Wicksell” .........................................................................................................................80 SUN4B Session: “US Foreign Economic Policy” ..................................................................................81 SUN4D Session: “Veblen”.............................................................................................................................82 SUN4E Session: “Marx 2” .............................................................................................................................83 SUN Presidential Address: Evelyn Forget "Folk Wisdom in Economics" ................................84 3 Friday, June 15 Plenary Session, Kasbeer Hall Douglas Irwin, Dartmouth College “The Rise and Fall of Import Substitution” FRI1A Session: “Smith and his Intellectual Milleu” Organized by the International Adam Smith Society (IASS) Erik W. Matson, George Mason University Understanding Smith’s Ethos of Acquisitiveness by Way of Hume’s Conclusion I’ve recently coauthored a piece arguing that Smith’s famous parable of the poor man’s son in TMS Part IV significantly parallels the famous and moving conclusion to Book 1 of Hume’s Treatise of Human Nature. The major contribution of that piece is an exposition of the textual and narrative similarities between these two important passages. In the present project, I propose to more substantially develop their conceptual connection and its significance. I claim that Smith’s engagement with Hume shows him adopting a version of Hume’s