[Selections by Humberto Barreto for SHOE list.]
nep-hpe <https://nep.repec.org/nep-hpe.html> New Economics Papers
<https://nep.repec.org/> on History and Philosophy of Economics
Issue of 2024‒04‒15
papers chosen by
Erik Thomson <http://econpapers.repec.org/RAS/pth72.htm>,
University of Manitoba <http://umanitoba.ca/>
------------------------------
1. Review of “A Herstory of Economics” by Edith Kuiper
<https://mail.google.com/mail/u/0/#m_-7853878941077407207_p1> By Betancourt,
Rebeca Gómez
<http://econpapers.repec.org/scripts/search.pf?aus=Betancourt,%20Rebeca%20G%C3%B3mez>
2. Price controls against “greedflation”: lessons from the debate over
incomes policy
<https://mail.google.com/mail/u/0/#m_-7853878941077407207_p2> By Basile
Clerc <http://econpapers.repec.org/scripts/search.pf?aus=Basile%20Clerc>
3. The nature of economic exchange: from “interaction” to “transaction”
<https://mail.google.com/mail/u/0/#m_-7853878941077407207_p3> By Emmanuel
Petit
<http://econpapers.repec.org/scripts/search.pf?aus=Emmanuel%20Petit>
4. UNCTAD experts as an intellectual basis for developing countries'
involvement in the reform of the international monetary system. Paper
presented at the Summer Institute of the Center for the History of
Political Economy, Duke University, June 19-22, 2023
<https://mail.google.com/mail/u/0/#m_-7853878941077407207_p4> By Raphaël
Orange-Leroy
<http://econpapers.repec.org/scripts/search.pf?aus=Rapha%C3%ABl%20Orange-Leroy>
5. Review of “La science est un jeu: La théorie des jeux dans la France
des années 1950” by Tarik Tazdaït
<https://mail.google.com/mail/u/0/#m_-7853878941077407207_p5> By Leonard,
Robert
<http://econpapers.repec.org/scripts/search.pf?aus=Leonard,%20Robert>
6. Cherry-picked Evidence, Selective Quotations, and Irrelevant Sources:
James Ahiakpor's Persistent Manipulations of the Historical Record on
Jean-Baptiste Say, Fred Taylor, and Say's Law
<https://mail.google.com/mail/u/0/#m_-7853878941077407207_p6> By Alain
Béraud
<http://econpapers.repec.org/scripts/search.pf?aus=Alain%20B%C3%A9raud>; Guy
Numa <http://econpapers.repec.org/scripts/search.pf?aus=Guy%20Numa>
7. Is There Really a Dictator's Dilemma? Information and Repression in
Autocracy <https://mail.google.com/mail/u/0/#m_-7853878941077407207_p7>
By Gehlbach, Scott
<http://econpapers.repec.org/scripts/search.pf?aus=Gehlbach,%20Scott>; Luo,
Zhaotian
<http://econpapers.repec.org/scripts/search.pf?aus=Luo,%20Zhaotian>;
Shirikov,
Anton
<http://econpapers.repec.org/scripts/search.pf?aus=Shirikov,%20Anton>;
Vorobyev,
Dmitriy
<http://econpapers.repec.org/scripts/search.pf?aus=Vorobyev,%20Dmitriy>
8. Management and Microeconomics: A historical comparison between the
British and the French traditions
<https://mail.google.com/mail/u/0/#m_-7853878941077407207_p8> By Lise
Arena <http://econpapers.repec.org/scripts/search.pf?aus=Lise%20Arena>;
Richard
Arena <http://econpapers.repec.org/scripts/search.pf?aus=Richard%20Arena>
9. Shannon-Theil-Rawls: Information Theory, Inequality and the Veil of
Ignorance <https://mail.google.com/mail/u/0/#m_-7853878941077407207_p9>
By Ravi Kanbur
<http://econpapers.repec.org/scripts/search.pf?aus=Ravi%20Kanbur>
------------------------------
1. Review of “A Herstory of Economics” by Edith Kuiper
<http://econpapers.repec.org/RePEc:osf:socarx:yc5nb>
By: Betancourt, Rebeca Gómez
<http://econpapers.repec.org/scripts/search.pf?aus=Betancourt,%20Rebeca%20G%C3%B3mez>
Abstract: Review of “A Herstory of Economics” by Edith Kuiper.
Date: 2024–03–15
URL: http://d.repec.org/n?u=RePEc:osf:socarx:yc5nb&r=hpe
2. Price controls against “greedflation”: lessons from the debate over
incomes policy <http://econpapers.repec.org/RePEc:drm:wpaper:2024-11>
By: Basile Clerc
<http://econpapers.repec.org/scripts/search.pf?aus=Basile%20Clerc>
Abstract: Why do some economists support price controls in the face of
inflation during peacetime? Our thesis is that, in the history of economic
thought, understanding the role of profits in inflationary dynamics is the
crucial variable. To demonstrate this, we investigate the extensive
literature on incomes policy, insofar as much of the thinking on
macroeconomic price controls in peacetime is part of this literature. This
corpus is crossed by a major schism: some advocate price and wage controls
while others limit control to wages alone. We show that the defense of
price controls is always based on the thesis that profits play an
autonomous role in inflationary dynamics. Conversely, the advocates of an
incomes policy reduced to wage controls see margins as mere transmission
belts for excessive wage increases into prices. Price controls are thus
rejected ex ante, even before any criticism of the consequences of their
application.
Keywords: Price controls - Wage controls - Incomes policy - Inflation -
Unemployment
JEL: B22 E64 E12
<http://econpapers.repec.org/scripts/search.pf?jel=B22%20E64%20E12>
Date: 2024
URL: http://d.repec.org/n?u=RePEc:drm:wpaper:2024-11&r=hpe
3. The nature of economic exchange: from “interaction” to “transaction”
<http://econpapers.repec.org/RePEc:hal:journl:hal-04493593>
By: Emmanuel Petit
<http://econpapers.repec.org/scripts/search.pf?aus=Emmanuel%20Petit> (BSE
- Bordeaux Sciences Economiques - UB - Université de Bordeaux - CNRS -
Centre National de la Recherche Scientifique)
Abstract: In economic theory, the term « interaction » is used to
describe the exchange relationship between agents in the market. In
semantic terms, the word is used in different ways depending on whether one
is in a classical model of pure and perfect competition, in a game theory
model or in institutional economics. The polysemous use of the term
interaction reveals different methodological positions. Among economists,
however, the meaning of the term interaction does not fully overlap with
that of « transaction », identified by John Dewey, in which the entities
that participate in the exchange are themselves transformed – thus
suggesting an extension of the analysis of interaction in economics.
Abstract: En théorie économique, le terme d'interaction est utilisé pour
qualifier la relation d'échange entre des agents sur le marché. Sur le plan
sémantique, l'usage du mot recouvre des significations différentes selon
que l'on se trouve dans un modèle classique de concurrence pure et
parfaite, dans un modèle de théorie des jeux ou encore à l'intérieur de
l'économie institutionnelle. L'usage polysémique du terme d'interaction
révèle notamment des postures méthodologiques différentes. Chez les
économistes, cependant, la signification du terme d'interaction ne recouvre
pas totalement celle de « transaction », identifiée par John Dewey, dans
laquelle les entités qui participent à l'échange sont elles-mêmes
transformées – laissant ainsi entrevoir un prolongement de l'analyse de
l'interaction en économie.
Keywords: Economic exchange, Semantics, Influence, Trans-action,
Inter-action, échange économique, inter-action, trans-action, influence,
sémantique
Date: 2024
URL: http://d.repec.org/n?u=RePEc:hal:journl:hal-04493593&r=hpe
4. UNCTAD experts as an intellectual basis for developing countries'
involvement in the reform of the international monetary system. Paper
presented at the Summer Institute of the Center for the History of
Political Economy, Duke University, June 19-22, 2023
<http://econpapers.repec.org/RePEc:hal:journl:hal-04498357>
By: Raphaël Orange-Leroy
<http://econpapers.repec.org/scripts/search.pf?aus=Rapha%C3%ABl%20Orange-Leroy>
(AGORA
- EA 7392 - Laboratoire AGORA - CY - CY Cergy Paris Université, IDHES -
Institutions et Dynamiques Historiques de l'Économie et de la Société - UP1
- Université Paris 1 Panthéon-Sorbonne - UP8 - Université Paris 8
Vincennes-Saint-Denis - UPN - Université Paris Nanterre - UEVE - Université
d'Évry-Val-d'Essonne - CNRS - Centre National de la Recherche Scientifique
- ENS Paris Saclay - Ecole Normale Supérieure Paris-Saclay, CRHIA - Centre
de recherches en histoire internationale et Atlantique - UR 1163 - ULR - La
Rochelle Université - Nantes Univ - UFR HHAA - Nantes Université - UFR
Histoire, Histoire de l'Art et Archéologie - Nantes Université - pôle
Humanités - Nantes Univ - Nantes Université)
Abstract: This paper shows that the United Nations Conference on Trade
and Development (UNCTAD) and the group of 77 developing countries (G77)
participated in the 1960s international monetary negotiations. This
involvement was based on the agenda built by a group of experts gathered by
UNCTAD in 1965. The group was composed of academic and practitioner
economists from all over the world, including some famous names, such as
Richard Kahn, Tibor Scitovsky, and Trevor Swan, as well as less-known
though influential figures, including I. G. Patel, Gamani Corea, and Jorge
Gonzalez del Valle. UNCTAD served as an "institutional infrastructure"
(Gasper 2011) that allowed for the emergence of new analyses and narratives
on the interests of developing countries in the international monetary
reform that was being discussed among the wealthy countries of the Group of
Ten (G10). The report of the experts proved influential. At the
intellectual level, it convinced IMF economists, including Jacques Polak,
to change their frame of analysis for a more global vision. At the
political level, it was endorsed by G77 and participated in the G10
agreement for universal distribution of the newly created Special Drawing
Rights (SDRs). Based on international organizations' archives, this paper,
therefore, challenges the invisibilization process of the G10 over G77
ideas. Multilateral negotiations also offer a "keyhole" to study new
economist figures from developing countries. Thanks to prosopographic
methodology, this paper attempts to follow the national and international
connections of the experts as a way to open new research areas for the
history of economics.
Keywords: Diplomatic History, Economic History, International Relations,
History of Political Economy, United Nations, UNCTAD, IMF, World Bank, G77,
G10, G24, Global South, Periphery, Third World, Money, Finance,
Development, Development Finance, Special Drawing Rights, SDRs, economists,
1960s, 1970s
Date: 2023–06–19
URL: http://d.repec.org/n?u=RePEc:hal:journl:hal-04498357&r=hpe
5. Review of “La science est un jeu: La théorie des jeux dans la France
des années 1950” by Tarik Tazdaït
<http://econpapers.repec.org/RePEc:osf:socarx:3bd4r>
By: Leonard, Robert
<http://econpapers.repec.org/scripts/search.pf?aus=Leonard,%20Robert>
Abstract: Review of “La science est un jeu: La théorie des jeux dans la
France des années 1950” by Tarik Tazdaït.
Date: 2024–03–15
URL: http://d.repec.org/n?u=RePEc:osf:socarx:3bd4r&r=hpe
6. Cherry-picked Evidence, Selective Quotations, and Irrelevant Sources:
James Ahiakpor's Persistent Manipulations of the Historical Record on
Jean-Baptiste Say, Fred Taylor, and Say's Law
<http://econpapers.repec.org/RePEc:hal:journl:hal-04482952>
By: Alain Béraud
<http://econpapers.repec.org/scripts/search.pf?aus=Alain%20B%C3%A9raud>
(CREST-THEMA
- CREST - Centre de Recherche en Économie et Statistique - ENSAI - Ecole
Nationale de la Statistique et de l'Analyse de l'Information [Bruz] - X -
École polytechnique - ENSAE Paris - École Nationale de la Statistique et de
l'Administration Économique - CNRS - Centre National de la Recherche
Scientifique - THEMA - Théorie économique, modélisation et applications -
CNRS - Centre National de la Recherche Scientifique - CY - CY Cergy Paris
Université); Guy Numa
<http://econpapers.repec.org/scripts/search.pf?aus=Guy%20Numa> (CSU -
Colorado State University [Fort Collins])
Abstract: In a note published in the latest issue of History of Economic
Ideas, James Ahiakpor rehashes previously debunked claims. After stating
that our arguments were "misleading" and fantasizing about Jean-Baptiste
Say's "retrogression, " Ahiakpor now claims to have uncovered "mistaken
bases of [Fred Manville] Taylor's deviations from Say's own law." Using
cherry-picked evidence, selective quotations, and irrelevant sources, his
latest note is another desperate attempt to manipulate the historical
record. Our peer-reviewed research on Say and Say's Law stands. We have
engaged the totality of the textual and archival evidence, a task that
Ahiakpor is still unwilling or unable to perform. An honest and
comprehensive reading of Say and Taylor's original writings completely
invalidate Ahiakpor's fallacious conclusions. The present essay shows that
his claims have no merit. Fred Taylor did correctly analyze Say's message.
Keywords: Jean-Baptiste Say, Demand, Money, Outlets, Production
Date: 2023
URL: http://d.repec.org/n?u=RePEc:hal:journl:hal-04482952&r=hpe
7. Is There Really a Dictator's Dilemma? Information and Repression in
Autocracy <http://econpapers.repec.org/RePEc:osf:socarx:b94fc>
By: Gehlbach, Scott
<http://econpapers.repec.org/scripts/search.pf?aus=Gehlbach,%20Scott>; Luo,
Zhaotian
<http://econpapers.repec.org/scripts/search.pf?aus=Luo,%20Zhaotian>;
Shirikov,
Anton
<http://econpapers.repec.org/scripts/search.pf?aus=Shirikov,%20Anton>;
Vorobyev,
Dmitriy
<http://econpapers.repec.org/scripts/search.pf?aus=Vorobyev,%20Dmitriy>
Abstract: In his seminal work on the political economy of dictatorship,
Ronald Wintrobe (1998) posited the existence of a "dictator's dilemma, " in
which repression leaves an autocrat less secure by reducing information
about discontent. We explore the nature and resolution of this dilemma with
a formalization that builds on recent work in the political economy of
nondemocracy. When the regime is sufficiently repressive, and the
dictator's popularity correspondingly unclear to opposition as well as
autocrat, the ruler faces two unattractive options: he can mobilize the
repressive apparatus, even though there may be no threat to his rule, or he
can refrain from mobilizing, even though the threat may be real.
Semicompetitive elections can ease the dilemma through the controlled
revelation of discontent. Depending on the ease of building a repressive
apparatus, autocrats who manage information in this way may prefer more or
less repression than Wintrobe's dilemma alone implies.
Date: 2024–03–21
URL: http://d.repec.org/n?u=RePEc:osf:socarx:b94fc&r=hpe
8. Management and Microeconomics: A historical comparison between the
British and the French traditions
<http://econpapers.repec.org/RePEc:hal:journl:hal-04489596>
By: Lise Arena
<http://econpapers.repec.org/scripts/search.pf?aus=Lise%20Arena> (GREDEG
- Groupe de Recherche en Droit, Economie et Gestion - UNS - Université Nice
Sophia Antipolis (1965 - 2019) - CNRS - Centre National de la Recherche
Scientifique - UniCA - Université Côte d'Azur); Richard Arena
<http://econpapers.repec.org/scripts/search.pf?aus=Richard%20Arena> (UniCA
- Université Côte d'Azur)
Abstract: This article seeks to analyse the circumstances and the nature
of the emergence of management research from economic analysis in the 1950s
in Britain and France. It also looks at the more recent shifts in the
boundaries between these two social sciences; and to understand their
analytical and methodological significance by taking into account the
different historical and cultural contexts within which they were embedded.
Keywords: Microeconomics, Management research, Intellectual traditions,
Methodology
Date: 2024
URL: http://d.repec.org/n?u=RePEc:hal:journl:hal-04489596&r=hpe
9. Shannon-Theil-Rawls: Information Theory, Inequality and the Veil of
Ignorance <http://econpapers.repec.org/RePEc:inq:inqwps:ecineq2024-669>
By: Ravi Kanbur
<http://econpapers.repec.org/scripts/search.pf?aus=Ravi%20Kanbur> (Cornell
University)
Abstract: This paper shows the power of applying Shannon’s (1948)
information theory perspective to inequality measurement by considering the
thought experiment of drawing a dollar at random from an income
distribution and asking who the dollar came from. The surprise at being
told who the dollar came from, and the task of designing a set of questions
with yes/no answers which will get us to the person, are two sides of the
same coin but with interesting interpretations. The Theil index of
inequality, which Theil (1967) himself derived with reference to
information theory and entropy but did not then explore further, is shown
to have interpretations beyond its simple Daltonian properties such as
satisfying the principle of transfers or being sub-group decomposable. It
can be interpreted as a statistical test of the hypothesis of fairness, and
as a quantitative measure of the difficulty of achieving Rawls’s (1971)
original position behind the veil of ignorance.
Keywords: Information Theory, Inequality, Veil of Ignorance
JEL: D31 D63
<http://econpapers.repec.org/scripts/search.pf?jel=D31%20D63>
Date: 2024–03
URL: http://d.repec.org/n?u=RePEc:inq:inqwps:ecineq2024-669&r=hpe
------------------------------
This nep-hpe issue is ©2024 by Erik Thomson
<http://econpapers.repec.org/RAS/pth72.htm>. It is provided as is without
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