Economic Theory Commons^™

Income Velocity In The United States, 1961-1968, William F. Kennedy

Economics Theses & Dissertations

No abstract provided.

The Neo-Classical Contributions To The Theory Of International Trade, Mohammed Arifeen

Economics Theses & Dissertations

In a dynamic economy some of the most challenging policy problems tend to originate in the realm of international economic relations. In the post World War II period, these problems have been intensified and become more complex. Students of international economics often feel perplexed by numerous divergent and diametric views that well-trained and prudent men frequently offer for the solutions of what appear to be rather simple problems. Lack of understanding of the theoretical framework of international trade is largely responsible for students' puzzlement.

It is the purpose of this thesis to assemble a minimum framework of the theoretical issues …

Differential Tariffs, Negative Value-Added And The Theory Of Effective Protection, Augustine H. H. Tan

Research Collection School Of Economics

This article examines the implications for effective protection(EP) theory of allowing variable factor proportions and general equilibrium repercussions. The first claim of EP theory, is that it provides a measure of the maximum proportionate increase in factor rewards permitted by a tariff structure, as compared to a free trade regime. EP rates predict only a particular direction of resource flows whereas general equilibrium analysis, with variable input coefficients, indicates that flows contrary to EP prediction are possible. Two examples are provided, first, where there is a uniform tariff on final goods; and second, where one final sector has a higher …

Breach Of Contract, Damage Measures, And Economic Efficiency, Robert L. Birmingham

Articles by Maurer Faculty

No abstract provided.

The Theory Of Economic Policy And The Law Of Torts, Robert L. Birmingham

Articles by Maurer Faculty

No abstract provided.

The Generality Of Neutral Principles: A Game-Theoretic Perspective, Robert L. Birmingham

Articles by Maurer Faculty

Eleven years ago Professor Wechsler first argued that constitutional adjudication should be based on neutral principles of general applicability that transcend the factual contexts of the cases in which they are announced. Since that time, legal scholars have been engaged in a continuing debate over both the meaning and the validity of Wechsler's thesis. Professor Birmingham adds a new perspective to this debate by analyzing neutrality and generality in terms of game theory.

Price Value Deviation - Empirical Evidence And Reading Notes, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Schwartz, J. (1961). Lectures on the mathematical method in economics [Annotated photocopied excerpt on the Leontief model].
• Shaikh, A. Highlights from Anne P. Carter's Structural Change in the American Economy [Handwritten reading notes] (1970).
• Evans, W. D. (1953). Indexes of labor productivity as a partial measure of technological change [Annotated conference-paper excerpt].
• Leontief, W. (1953). Quantitative input-output relations in the economic system of the United States, 1939 [Foldout statistical tables].

An Examination Of The Secular Deterioration Hypothesis, Roger L. Carothers

Masters Theses

No abstract provided.

Policy And Poverty, Part 1, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

This is the first draft of the first chapter of a possible book Hyman P. Minsky was writing on Policy and Poverty. In this chapter he discusses poverty and income distribution programs in the case of rich countries, where poverty is measured in a relative sense and income in terms of total satisfaction that a household acquires through its provision of private and public goods. Minsky stresses that a successful poverty alleviation program should first, work with and not against economic forces, second, have realistic goals and effective policy instruments and third, have recognizable benefits for the well-off too. Specifically, …

Policy And Poverty, Part 3, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Part 3 of an unfinished book.

Selected Theories Of The Consumption Function, Thomas Cameron Whiteman

Economics Theses & Dissertations

No abstract.

A Second Look At The Suez Canal Cases: Excuse For Nonperformance Of Contractual Obligations In The Light Of Economic Theory, Robert L. Birmingham

Articles by Maurer Faculty

No abstract provided.

Policy And Poverty, Part 2, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Part 2 of an unfinished book.

The Effects Of Price Changes On Demand Deposits In Kalamazoo County, Marc A. Busman

Masters Theses

No abstract provided.

Oligopoly Power Under The Sherman And Clayton Acts -- From Economic Theory To Legal Policy, Joseph F. Brodley

Articles by Maurer Faculty

No abstract provided.

Rent, Anwar Shaikh Phd

Archives of Anwar Shaikh

This folder includes:

Handwritten note cards titled:

• Marginal Rent, Differential Rent & Price on Ricardo's theory of differential rent, marginal land, and Sraffa's discussion of the margin and Findlay's critique
• Differential Rent & Price of Prod on fixed capital and differential rent, whether value is determined by average over all lands, with mathematical formulations
• COMPETING THEORIES OF RENT referencing TSV II, Ch X, A on the collapse of the Physiocrats' theory and further development of theories of rent, citing Anderson's thesis (p. 161)
• Competing Theories of Rent on monopoly of landowners raising price above value, citing Malthus and Anderson (p. …

The Education Of The Whole Man, Ralph Borsodi

School of Living Documents

The Education of the Whole Man is essentially two books in one volume. The first is a general treatise. This book opens with a challenge to Borsodi’s Indian friends. They must choose a national destiny: Gandhi or Western industrialization. The second section addresses the problem of education in 30 chapters. There are many forms of education: Physical education, emotional education, perceptual education, introspection education, axiological education, volitional education, etc. But these are not different things. They are part of a whole. There are stages of development, from infancy through age twelve, sixteen, eighteen, higher education, adult education. Chapter by chapter …

The Education Of The Whole Man, Ralph Borsodi

School of Living Books

The Education of the Whole Man is essentially two books in one volume. The first is a general treatise. This book opens with a challenge to Borsodi’s Indian friends. They must choose a national destiny: Gandhi or Western industrialization. The second section addresses the problem of education in 30 chapters. There are many forms of education: Physical education, emotional education, perceptual education, introspection education, axiological education, volitional education, etc. But these are not different things. They are part of a whole. There are stages of development, from infancy through age twelve, sixteen, eighteen, higher education, adult education. Chapter by chapter …

An Experimental Study Of Competitive Market Behavior, Vernon L. Smith

Economics Faculty Articles and Research

Recent years have witnessed a growing interest in experimental games such as management decision-making games and games designed to simulate oligopolistic market phenomena. This article reports on a series of experimental games designed to study some of the hypotheses of neoclassical competitive market theory.

Technical Changes And The Rate Of Profit, Anwar Shaikh Phd, Nobuo Okishio Phd

Archives of Anwar Shaikh

Nobuo, O. (1961). Technical changes and the rate of profit. Kobe university economic review, 7, 85-99.

8. David Ricardo And Classical Economics, Robert L. Bloom, Basil L. Crapster, Harold L. Dunkelberger, Charles H. Glatfelter, Richard T. Mara, Norman E. Richardson, W. Richard Schubart

Section XIV: The Industrial Revolution, Classical Economics, and Economic Liberalism

It is David Ricardo, (1772-1823) rather than Malthus who has long been regarded as the more outstanding of the classical economists after Adam Smith. His father was a Jewish immigrant to England who became a prosperous merchant and broker. Ricardo entered his father's business, but after marrying a Quakeress and embracing her faith was forced onto his own resources. By the time he reached his early forties he had gained a large fortune as a stock broker which enabled him to retire to a large rural estate. Here he played the role of landlord and engaged in serious study. In …

10. Criticism And Revision Of Classical Economics, Robert L. Bloom, Basil L. Crapster, Harold L. Dunkelberger, Charles H. Glatfelter, Richard T. Mara, Norman E. Richardson, W. Richard Schubart

Section XIV: The Industrial Revolution, Classical Economics, and Economic Liberalism

The work of the classical economists was primarily one of deduction. In a sense it is a tribute to their capacity to draw corollaries and conclusions from basic principles accepted as established truths. The finely spun theoretical model which they constructed was not long immune from attack by several quarters. As we shall see in Chapter XVI, the Marxian Socialists took the labor theory of value and used it to advocate the overthrow of capitalistic society. [excerpt]

9. Economic Liberalism, Robert L. Bloom, Basil L. Crapster, Harold L. Dunkelberger, Charles H. Glatfelter, Richard T. Mara, Norman E. Richardson, W. Richard Schubart

Section XIV: The Industrial Revolution, Classical Economics, and Economic Liberalism

Some of the classical economists thought that their function was to describe the general principles of economic life and not to prescribe the means of improving society. Wealth, not happiness, remarked Senior, is the economist's concern. Others, who took more seriously the titles they chose for the books they were publishing, thought differently. [excerpt]

6. Classical Economics From Smith To Malthus, Robert L. Bloom, Basil L. Crapster, Harold L. Dunkelberger, Charles H. Glatfelter, Richard T. Mara, Norman E. Richardson, W. Richard Schubart

Section XIV: The Industrial Revolution, Classical Economics, and Economic Liberalism

In 1776, several years after his good friend James Watt had obtained the first patent covering the steam engine and several years before the process for making wrought iron was devised, Adam Smith (1723-1790), a retired professor of moral philosophy at the University of Glasgow, published An Inquiry into the Nature and Causes of the Wealth of Nations. This book was immediately popular. It went through five editions in English and was translated into four foreign languages during its author's lifetime, and has stimulated and provoked Western economic thought and debate down to our own time. It won for …

Monetary Systems And Accelerator Models, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

No abstract provided.

Veblenian Economics: Its Significant Contribuations To Economic Theory, Herbert F. Klingman

Journal of the Arkansas Academy of Science

No abstract provided.

Education And Living: Volume 1, Ralph Borsodi

School of Living Documents

In Education and Living, a two-volume work, Borsodi elaborated the model of the School of Living. Most of volume one consists of a critique of “mis-education.” Most of that critique focuses on the problems of centralization; centralization of industry, the economy, politics and education. The second volume of Education and Living explains Borsodi’s vision of achieving decentralization in detail. The second volume is in two parts: Right-Education and Re-Education. It explains how to educate for the “Normal” human being and for achieving the “Normal” way of living. This is not the “normal” of the bell curve, the average of a …

Education And Living: Volume 2, Ralph Borsodi

School of Living Documents

In Education and Living, a two-volume work, Borsodi elaborated the model of the School of Living. Most of volume one consists of a critique of “mis-education.” Most of that critique focuses on the problems of centralization; centralization of industry, the economy, politics and education. The second volume of Education and Living explains Borsodi’s vision of achieving decentralization in detail. The second volume is in two parts: Right-Education and Re-Education. It explains how to educate for the “Normal” human being and for achieving the “Normal” way of living. This is not the “normal” of the bell curve, the average of a …

Education And Living, Ralph Borsodi

School of Living Books

In Education and Living, a two-volume work, Borsodi elaborated the model of the School of Living. Most of volume one consists of a critique of “mis-education.” Most of that critique focuses on the problems of centralization; centralization of industry, the economy, politics and education. The second volume of Education and Living explains Borsodi’s vision of achieving decentralization in detail. The second volume is in two parts: Right-Education and Re-Education. It explains how to educate for the “Normal” human being and for achieving the “Normal” way of living. This is not the “normal” of the bell curve, the average of a …

The Russian Five Year Plan Is Economically Constructive, Oscar M. Duconge

Electronic Theses and Dissertations

The Five Year Plan is a plan by which Russia is to place herself among the great nations of the world through process of industrializing her manufacturers, mechanizing her farms and modernizing her business.