[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 2024‒03‒18
papers chosen by
Erik Thomson <http://econpapers.repec.org/RAS/pth72.htm>,
University of Manitoba <http://umanitoba.ca/>

------------------------------

   1. Review of “A History of Brazilian Economic Thought: From Colonial
   Times Through The Early 21st Century” edited by Ricardo Bielschowsky, Mauro
   Boianovsky and Mauricio Chalfin Coutinho
   <https://mail.google.com/mail/u/0/#m_-5156398483095182444_p1> By Cavalieri,
   Marco
   <http://econpapers.repec.org/scripts/search.pf?aus=Cavalieri,%20Marco>
   2. The origins of yield curve theory: Irving Fisher and John Maynard
   Keynes <https://mail.google.com/mail/u/0/#m_-5156398483095182444_p2>
By BRILLANT,
   Lucy <http://econpapers.repec.org/scripts/search.pf?aus=BRILLANT,%20Lucy>
   3. Institutionalist Clues in Celso Furtado’s Economic Thought
   <https://mail.google.com/mail/u/0/#m_-5156398483095182444_p3> By Nastasi,
   Federico
   <http://econpapers.repec.org/scripts/search.pf?aus=Nastasi,%20Federico>;
Spagano,
   Salvatore
   <http://econpapers.repec.org/scripts/search.pf?aus=Spagano,%20Salvatore>
   4. ONE HUNDRED YEARS OF EXCHANGE RATE ECONOMICS AT THE UNIVERSITY OF
   CHICAGO: 1892-1992
   <https://mail.google.com/mail/u/0/#m_-5156398483095182444_p4> By Edwards,
   Sebastián
   <http://econpapers.repec.org/scripts/search.pf?aus=Edwards,%20Sebasti%C3%A1n>
   5. Review of “Friedrich List: A Pioneer in Catchup Development” by Mei
   Junjie <https://mail.google.com/mail/u/0/#m_-5156398483095182444_p5>
By Jiang,
   George Hong
   <http://econpapers.repec.org/scripts/search.pf?aus=Jiang,%20George%20Hong>
   6. Axiomatic Marxian Exploitation Theory: a Survey of the Recent
   Literature <https://mail.google.com/mail/u/0/#m_-5156398483095182444_p6>
    By Rylan Chinnock
   <http://econpapers.repec.org/scripts/search.pf?aus=Rylan%20Chinnock>;
Roberto
   Veneziani
   <http://econpapers.repec.org/scripts/search.pf?aus=Roberto%20Veneziani>;
Naoki
   Yoshihara
   <http://econpapers.repec.org/scripts/search.pf?aus=Naoki%20Yoshihara>
   7. Activists and Victorians: The Langham Place Group and the advocacy of
   women's labor
   <https://mail.google.com/mail/u/0/#m_-5156398483095182444_p7> By Raisssa
   Vieira de Melo
   <http://econpapers.repec.org/scripts/search.pf?aus=Raisssa%20Vieira%20de%20Melo>
   ; Laura Valladao de Mattos
   <http://econpapers.repec.org/scripts/search.pf?aus=Laura%20Valladao%20de%20Mattos>
   8. The Political Economy of Minimum Wage Setting: The Factories and
   Shops Act of Victoria (Australia), 1896-1913
   <https://mail.google.com/mail/u/0/#m_-5156398483095182444_p8> By Seltzer,
   Andrew
   <http://econpapers.repec.org/scripts/search.pf?aus=Seltzer,%20Andrew>
   9. William Lane Craig, a Classic Apologist
   <https://mail.google.com/mail/u/0/#m_-5156398483095182444_p9> By Sergiu
   Ghica <http://econpapers.repec.org/scripts/search.pf?aus=Sergiu%20Ghica>
   10. Women in economics: the role of gendered references at entry in the
   profession <https://mail.google.com/mail/u/0/#m_-5156398483095182444_p10>
    By Audinga Baltrunaite
   <http://econpapers.repec.org/scripts/search.pf?aus=Audinga%20Baltrunaite>
   ; Alessandra Casarico
   <http://econpapers.repec.org/scripts/search.pf?aus=Alessandra%20Casarico>
   ; Lucia Rizzica
   <http://econpapers.repec.org/scripts/search.pf?aus=Lucia%20Rizzica>
   11. The dependence of growth on the profitability of capital in the
   Kaleckian literature: a critical evaluation
   <https://mail.google.com/mail/u/0/#m_-5156398483095182444_p11> By Trezzini,
   Attilio
   <http://econpapers.repec.org/scripts/search.pf?aus=Trezzini,%20Attilio>;
Salvati,
   Luigi
   <http://econpapers.repec.org/scripts/search.pf?aus=Salvati,%20Luigi>
   12. Fifty years of mathematical growth theory - Classical topics and new
   trends <https://mail.google.com/mail/u/0/#m_-5156398483095182444_p12>
By Emmanuelle
   Augeraud-Veron
   <http://econpapers.repec.org/scripts/search.pf?aus=Emmanuelle%20Augeraud-Veron>
   ; Raouf Boucekkine
   <http://econpapers.repec.org/scripts/search.pf?aus=Raouf%20Boucekkine>;
Fausto
   Gozzi <http://econpapers.repec.org/scripts/search.pf?aus=Fausto%20Gozzi>
   ; Alain Vendetti
   <http://econpapers.repec.org/scripts/search.pf?aus=Alain%20Vendetti>;
Benteng
   Zou
   <http://econpapers.repec.org/scripts/search.pf?aus=Benteng%20Zou>

------------------------------

   1. Review of “A History of Brazilian Economic Thought: From Colonial
   Times Through The Early 21st Century” edited by Ricardo Bielschowsky, Mauro
   Boianovsky and Mauricio Chalfin Coutinho
   <http://econpapers.repec.org/RePEc:osf:socarx:qsp8b>
   By: Cavalieri, Marco
   <http://econpapers.repec.org/scripts/search.pf?aus=Cavalieri,%20Marco>
   Abstract: Review of “A History of Brazilian Economic Thought: From
   Colonial Times Through The Early 21st Century” edited by Ricardo
   Bielschowsky, Mauro Boianovsky and Mauricio Chalfin Coutinho.
   Date: 2024–01–26
   URL: http://d.repec.org/n?u=RePEc:osf:socarx:qsp8b&r=hpe
   2. The origins of yield curve theory: Irving Fisher and John Maynard
   Keynes <http://econpapers.repec.org/RePEc:osf:socarx:9hf8z>
   By: BRILLANT, Lucy
   <http://econpapers.repec.org/scripts/search.pf?aus=BRILLANT,%20Lucy>
   Abstract: The purpose of the paper is to rescue Irving Fisher’s
   theorizing of the yield curve (1896, 1907, 1930) from relative obscurity
   and to contrast it with the better known and equally pioneering theory of
   John Maynard Keynes (1930, 1936). The paper also adduces evidence that Fed
   economists and the U.S. monetary experience in the 1920s greatly influenced
   these authors, both of whom were concerned with the management of the
   long-term interest rate.
   Date: 2024–01–26
   URL: http://d.repec.org/n?u=RePEc:osf:socarx:9hf8z&r=hpe
   3. Institutionalist Clues in Celso Furtado’s Economic Thought
   <http://econpapers.repec.org/RePEc:pra:mprapa:120242>
   By: Nastasi, Federico
   <http://econpapers.repec.org/scripts/search.pf?aus=Nastasi,%20Federico>;
Spagano,
   Salvatore
   <http://econpapers.repec.org/scripts/search.pf?aus=Spagano,%20Salvatore>
   Abstract: The Brazilian economist Celso Furtado escapes from the
   traditional distinctions among different schools of thought. Indeed, he
   made large use of tools from various proveniences according to a pragmatic
   approach. Nonetheless, this paper shows that his work also contains several
   characteristic elements of the institutionalist tradition. In the early
   1960s, Furtado placed institutions at the centre of his analysis of the
   evolution of the economic history. Moreover, he rejected the kind of
   determinism that follows a concept of choice entirely dependent on the
   utility-maximizing rationality. Coherently, he opposed the New
   Institutional Economics as an example of neoclassical retread of
   institutional issues. Finally, and especially, even without theorizing it,
   he adopted the institutionalised individual as an economic agent. This
   choice, rather than that of the homo oeconomicus, implied assuming an agent
   able to shape institutions that, in turn, influence human behaviours
   according to a downward cumulative causation.
   Keywords: Furtado, Structuralism, Institutionalism
   JEL: B2 <http://econpapers.repec.org/scripts/search.pf?jel=B2>
   Date: 2023–02–02
   URL: http://d.repec.org/n?u=RePEc:pra:mprapa:120242&r=hpe
   4. ONE HUNDRED YEARS OF EXCHANGE RATE ECONOMICS AT THE UNIVERSITY OF
   CHICAGO: 1892-1992 <http://econpapers.repec.org/RePEc:osf:socarx:vrtns>
   By: Edwards, Sebastián
   <http://econpapers.repec.org/scripts/search.pf?aus=Edwards,%20Sebasti%C3%A1n>
   Abstract: In this paper I analyze the work on exchange rates and
   external imbalances by University of Chicago faculty members during the
   university’s first hundred years, 1892-1992. Many people associate
   Chicago’s views with Milton Friedman’s advocacy for flexible exchange
   rates. But, of course, there was much more than that, including the work of
   J. Laurence Laughlin on bimetallism, Jacob Viner on the balance of
   payments, Lloyd Metzler on transfers, Harry Johnson on trade and
   currencies, Lloyd Mints on exchange rate regimes, Robert Mundell on optimal
   currency areas, and Arnold Harberger on shadow exchange rates, among other.
   The analysis shows that, although different scholars emphasized different
   issues, there was a common thread in this research, anchored on the role of
   relative prices’ changes during the adjustment process.
   Date: 2024–02–16
   URL: http://d.repec.org/n?u=RePEc:osf:socarx:vrtns&r=hpe
   5. Review of “Friedrich List: A Pioneer in Catchup Development” by Mei
   Junjie <http://econpapers.repec.org/RePEc:osf:socarx:7cx8u>
   By: Jiang, George Hong
   <http://econpapers.repec.org/scripts/search.pf?aus=Jiang,%20George%20Hong>
   Abstract: Review of “Friedrich List: A Pioneer in Catchup Development”
   by Mei Junjie.
   Date: 2024–01–26
   URL: http://d.repec.org/n?u=RePEc:osf:socarx:7cx8u&r=hpe
   6. Axiomatic Marxian Exploitation Theory: a Survey of the Recent
   Literature <http://econpapers.repec.org/RePEc:qmw:qmwecw:972>
   By: Rylan Chinnock
   <http://econpapers.repec.org/scripts/search.pf?aus=Rylan%20Chinnock>
(Department
   of Economics, University of Massachusetts); Roberto Veneziani
   <http://econpapers.repec.org/scripts/search.pf?aus=Roberto%20Veneziani>
(School
   of Economics and Finance, Queen Mary University of London); Naoki
   Yoshihara
   <http://econpapers.repec.org/scripts/search.pf?aus=Naoki%20Yoshihara>
(Department
   of Economics, University of Massachusetts)
   Abstract: In this paper we review recent developments in axiomatic
   studies of Marxian exploitation theory. First, given the acute controversy
   over the formal definition of exploitation during the 1970-1990s, we review
   the study of the axiomatic framework, which identifies some fundamental
   properties – technically, domain conditions – that any definition of
   exploitation should satisfy. Moreover, we provide a survey on the axiomatic
   studies about the proper measures of exploitation which coherently preserve
   the basic Marxian perceptions represented by two axioms, Profit-
   Exploitation Correspondence Principle and Class-Exploitation Correspondence
   Principle. Finally, we examine the relevance of the labour theory of value
   in these axiomatic studies of the proper measures of exploitation.
   Keywords: Axiomatic analysis; Labour Exploitation; Profit-Exploitation
   Correspondence Principle; Class-Exploitation Correspondence Principle;
   Labour Theory of Value.
   JEL: D63 D51
   <http://econpapers.repec.org/scripts/search.pf?jel=D63%20D51>
   URL: http://d.repec.org/n?u=RePEc:qmw:qmwecw:972&r=hpe
   7. Activists and Victorians: The Langham Place Group and the advocacy of
   women's labor <http://econpapers.repec.org/RePEc:spa:wpaper:2024wpecon06>
   By: Raisssa Vieira de Melo
   <http://econpapers.repec.org/scripts/search.pf?aus=Raisssa%20Vieira%20de%20Melo>
   ; Laura Valladao de Mattos
   <http://econpapers.repec.org/scripts/search.pf?aus=Laura%20Valladao%20de%20Mattos>
   Abstract: In the second half of the nineteenth century, a small group of
   middle class women organized itself with the aim of promoting some social
   changes that they considered important for their sex, with special emphasis
   to questions relating to women’s work. They founded a journal that was
   written and edited by women – the English Women’s Journal – and
   demanded improvements in women’s education and the opening of more
   professions for the women of their class. This paper analysis the use they
   made of Political Economy in support of their cause. It is argued that this
   science was used both in their diagnosis of the problems engendered by the
   restricted access women had to the labor market; and in their attempt to
   persuade society to change this situation. It is also argued that, despite
   aiming to give the possibility of independent existence to women by means
   of work, these activists embraced many of the Victorian values concerning
   women’s role in society. The conclusion is that this mixture of economic
   activism with Victorian values was important for it allowed these women to
   go against some ingrained prejudices and habits of the time without being
   ostracized from society.
   Keywords: Lagham Place; Political Economy; women’s labor
   JEL: B10 B12
   <http://econpapers.repec.org/scripts/search.pf?jel=B10%20B12>
   Date: 2024–02–16
   URL: http://d.repec.org/n?u=RePEc:spa:wpaper:2024wpecon06&r=hpe
   8. The Political Economy of Minimum Wage Setting: The Factories and
   Shops Act of Victoria (Australia), 1896-1913
   <http://econpapers.repec.org/RePEc:iza:izadps:dp16788>
   By: Seltzer, Andrew
   <http://econpapers.repec.org/scripts/search.pf?aus=Seltzer,%20Andrew> (Royal
   Holloway, University of London)
   Abstract: The Victorian Factories and Shops Act of 1896, the second
   minimum wage law in the world, empowered administrative agencies ("Special
   Boards") to set trade-specific minimum rates based on age, sex, and
   occupation. Much like modern debates, Victorian supporters of minimum wages
   argued that they would protect vulnerable workers while opponents argued
   that they would increase employers' costs, resulting in unintended
   consequences for workers. Evidence from the actual minimum wages passed
   under the Act suggests that Boards were loosely constrained by market
   factors, but also that they had some discretion in minimum wage setting.
   This discretion was used differently by individual Boards; some essentially
   followed the market for their trades while others set minimum rates that
   were binding for at least some workers. To the extent that rates were
   binding, they tended to reduce inequality among adult male workers,
   particularly after a 1907 Federal ruling established a living wage for
   employers with operations in multiple states. However, minimum wages also
   increased inequality across groups, increasing wages of adult men relative
   to those of women and youths. The Act formally institutionalised
   gender-based pay differences, a practice that continued in Australian
   minimum wage setting for over 70 years.
   Keywords: minimum wages, Australia, protective legislation
   JEL: N47 N37 J88
   <http://econpapers.repec.org/scripts/search.pf?jel=N47%20N37%20J88>
   Date: 2024–02
   URL: http://d.repec.org/n?u=RePEc:iza:izadps:dp16788&r=hpe
   9. William Lane Craig, a Classic Apologist
   <http://econpapers.repec.org/RePEc:smo:raiswp:0315>
   By: Sergiu Ghica
   <http://econpapers.repec.org/scripts/search.pf?aus=Sergiu%20Ghica>
(University
   of Bucharest, Romania)
   Abstract: This paper presents William Lane Craig as a proponent of
   classical apologetics and explores his influence on the content and
   structure of contemporary discussions. These dialogues encompass a wide
   spectrum, ranging from historical studies of Jesus and His resurrection to
   cosmological and moral evidence of God's existence, as well as the
   coherence of Christian theism. In the last part of this paper, we will
   highlight Craig's notable contribution to the contemporary field of
   apologetics.
   Keywords: classical apologetics, Christian faith, evidence, truth, kalÄ
   m cosmological argument
   Date: 2023–08
   URL: http://d.repec.org/n?u=RePEc:smo:raiswp:0315&r=hpe
   10. Women in economics: the role of gendered references at entry in the
   profession <http://econpapers.repec.org/RePEc:bdi:wptemi:td_1438_24>
   By: Audinga Baltrunaite
   <http://econpapers.repec.org/scripts/search.pf?aus=Audinga%20Baltrunaite>
(Bank
   of Italy and CEPR); Alessandra Casarico
   <http://econpapers.repec.org/scripts/search.pf?aus=Alessandra%20Casarico>
(Bocconi
   University, CESIfo and Dondena); Lucia Rizzica
   <http://econpapers.repec.org/scripts/search.pf?aus=Lucia%20Rizzica> (Bank
   of Italy)
   Abstract: We study the presence and the extent of gender differences in
   reference letters for graduate students in economics and finance, and how
   these differences relate to early labor market outcomes. To these ends, we
   build a novel rich dataset and combine Natural Language Processing
   techniques with standard regression analysis. We find that men are
   described more often as brilliant and women as hardworking and diligent. We
   show that the former (latter) description relates positively (negatively)
   with various subsequent career outcomes. We provide evidence that the
   observed differences in the way candidates are described are driven by
   implicit gender stereotypes.
   Keywords: gender bias, research institutions, professional labor
   markets, word embeddings
   JEL: I23 J16 J44
   <http://econpapers.repec.org/scripts/search.pf?jel=I23%20J16%20J44>
   Date: 2024–02
   URL: http://d.repec.org/n?u=RePEc:bdi:wptemi:td_1438_24&r=hpe
   11. The dependence of growth on the profitability of capital in the
   Kaleckian literature: a critical evaluation
   <http://econpapers.repec.org/RePEc:pra:mprapa:120163>
   By: Trezzini, Attilio
   <http://econpapers.repec.org/scripts/search.pf?aus=Trezzini,%20Attilio>;
Salvati,
   Luigi
   <http://econpapers.repec.org/scripts/search.pf?aus=Salvati,%20Luigi>
   Abstract: Kaleckian models can be considered as the most relevant set of
   theoretical works which study growth as a demand-led phenomenon. In these
   models, the pace of accumulation depends on demand expansion and on
   different measures of capital profitability. The relevance of the latter is
   generally assumed without any in-depth scrutiny of theoretical principles.
   This article identifies the theoretical underpinnings of this alleged
   dependence and reconsiders and develops the criticisms of them which can be
   found in the literature. This analysis leads to argue that this fundamental
   assumption of the Kaleckian models is not sufficiently argued as much as
   its cruciality would require.
   Keywords: Investment-profit relation; Kaleckian models; Demand-led growth
   JEL: E11 E22
   <http://econpapers.repec.org/scripts/search.pf?jel=E11%20E22>
   Date: 2024
   URL: http://d.repec.org/n?u=RePEc:pra:mprapa:120163&r=hpe
   12. Fifty years of mathematical growth theory - Classical topics and new
   trends <http://econpapers.repec.org/RePEc:luc:wpaper:24-02>
   By: Emmanuelle Augeraud-Veron
   <http://econpapers.repec.org/scripts/search.pf?aus=Emmanuelle%20Augeraud-Veron>
(GRETHA,
   University of Bordeaux, FR); Raouf Boucekkine
   <http://econpapers.repec.org/scripts/search.pf?aus=Raouf%20Boucekkine> (CUT,
   Rennes School of Business, FR); Fausto Gozzi
   <http://econpapers.repec.org/scripts/search.pf?aus=Fausto%20Gozzi> (LUISS
   Guido Carli, Rome, IT); Alain Vendetti
   <http://econpapers.repec.org/scripts/search.pf?aus=Alain%20Vendetti>
(Aix-Marseille
   University, CNRS, AMSE, Marseille, FR); Benteng Zou
   <http://econpapers.repec.org/scripts/search.pf?aus=Benteng%20Zou> (DEM,
   Université du Luxembourg)
   Abstract: We present an overview of selected contributions of the
   Journal of Mathematical Economics' authors to growth theory in the last
   half century. We start with the classical optimal growth theory within a
   benchmark multisector model and outline the successive developments in the
   analysis of this model, including the turnpike theory. Different
   refinements of the benchmark are considered along the way. We then survey
   the abundant literature on endogenous uctuations in two sector models. We
   conclude with two strong trends in the recent growth literature: green
   growth and infinite-dimensional growth models.
   Keywords: Growth theory, multisector models, turnpike theory, green
   growth, infinite-dimensional growth models, optimization.
   JEL: C60 C61 O41
   <http://econpapers.repec.org/scripts/search.pf?jel=C60%20C61%20O41>
   Date: 2024
   URL: http://d.repec.org/n?u=RePEc:luc:wpaper:24-02&r=hpe

------------------------------
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