Moore, Prof. John Halstead Hardman, (born 7 May 1954), George Watson’s and Daniel Stewart’s Professor of Political Economy, University of Edinburgh, since 2000; Professor of Economic Theory, London School of Economics, since 1990 (quarter-time since 2000)

2007 ◽  
Keyword(s):  
Economic Theory ◽  
Political Economy ◽  
London School ◽  
University Of Edinburgh ◽  
London School Of Economics

What Is ‘Marshallianism’?

2021 ◽  
pp. 141-172
Author(s):  
Keith Tribe
Keyword(s):  
Twentieth Century ◽  
Political Economy ◽  
London School ◽  
Economic Knowledge ◽  
Intellectual Style ◽  
Formal Approach ◽  
Contemporary World ◽  
Long Life ◽  
London School Of Economics ◽  
Clear Idea

Marshall’s intellectual heritage is often described as ‘Marshallianism’, a general designation of his intellectual style as teacher and writer. But what exactly might this mean? While it is not necessarily wrong to describe his work in this way, it is necessary to have a clear idea of what the term denotes. To begin with, the work of Marshall is distinguished from that of his near (senior) contemporary, Stanley Jevons; but his death in 1882 came at a point when his version of economics had been gaining ground in Britain. While soon eclipsed by Marshall, this more formal approach later became the trademark of the London School of Economics in the 1920s, mediated by its Professor of Political Economy, Edwin Cannan. Then the work of Marshall as a teacher is examined, identifying an approach that sought to encourage students to apply their economic knowledge to the contemporary world. What he sought to inculcate in his students is shown by a discussion of the work of two of his students, A. C. Pigou and Sydney Chapman. This is then followed by a consideration of the composition and editorial changes to Marshall’s Principles of Economics, first published in 1890 and reaching a very much changed final edition in 1920, in which form it continued to be reprinted for much of the twentieth century. Notwithstanding the long life of this work, it can then be shown that, by the 1920s, criticism of Marshall’s approach to economic analysis was increasing, signalling the demise of the Marshallian heritage.

Michio Morishima 1923–2004

2007 ◽  
Author(s):  
MEGHNAD DESAI
Keyword(s):  
Political Economy ◽  
American Academy ◽  
Honorary Member ◽  
London School ◽  
Arts And Sciences ◽  
Economic Association ◽  
London School Of Economics ◽  
The Uk ◽  
The University ◽  
Creative Life

Michio Morishima was one of the most distinguished economic theorists of his generation. He taught in Japan at Kyoto and Osaka Universities and in the UK at the University of Essex and the London School of Economics, where he spent the last thirty-four years of his very creative life. Morishima was a Visiting Professor at the University of Essex, 1968–9 and the Keynes Visiting Professor there, 1969–70, and Professor of Economics, later the John Hicks Professor of Economics, at the LSE. He was a Senior Visiting Fellow at All Souls College, Oxford, where his friend and mentor Sir John Hicks, FBA was the Drummond Professor of Political Economy. Morishima also held a visiting position at the University of Siena in Italy for nearly thirty years from 1970. He was elected Foreign Honorary Member of the American Academy of Arts and Sciences (1975) and of the American Economic Association (1979).

The Editor as Scientific Revolutionary: Keynes, The Economic Journal, and the Pigou Affair, 1936–1938

2007 ◽  
Vol 29 (1) ◽  
pp. 15-48 ◽  
Author(s):  
Nahid Aslanbeigui ◽  
Guy Oakes
Keyword(s):  
Economic Theory ◽  
General Theory ◽  
John Stuart Mill ◽  
London School ◽  
Prestigious Journal ◽  
Classical Economics ◽  
London School Of Economics ◽  
Economic Journal ◽  
David Ricardo ◽  
Ultimate Purpose

Thus spake Edwin Cannan, professor of economics at the London School of Economics (LSE) and member of the Council of the Royal Economic Society, publisher of The Economic Journal (EJ). From 1911 to 1945, Keynes was editor of the EJ, arguably the most prestigious journal in British economics. At the time of Cannan's remark in February 1934, when the early drafts of The General Theory of Employment, Interest, and Money were taking shape and Keynes had assumed leadership of a movement to reconceptualize economic theory, he not only had ideas of his own but an uncommonly robust sense of their importance. Although Keynes's conception of the ultimate purpose of economic theory remained true to the Marshallian tradition in which he was trained— forging scientific tools to improve the lot of humankind—his immediate objective was less pacific: the destruction of classical economics (Keynes 1935, p. 36). In his metaphor, classicism was a citadel fortified by an invincible superstructure constructed over generations by economists of great theoretical power and ingenuity, from David Ricardo and John Stuart Mill to Alfred Marshall and his own contemporary, Arthur Cecil Pigou. Because the citadel was vulnerable only in its “fundamental groundwork,” an assault would succeed only by undermining this foundation (Keynes 1973a, p. 533).

scholarly journals Professor Alex Callinicos

2016 ◽  
Vol 3 (2) ◽  
pp. 138-156
Author(s):  
Ali Saqer ◽  
Ali Saqer
Keyword(s):  
Political Economy ◽  
Political Theory ◽  
Karl Marx ◽  
International Political Economy ◽  
Recent Book ◽  
London School ◽  
World Social Forum ◽  
Third Way ◽  
Junior Research ◽  
London School Of Economics

Professor Alex Callinicos is a renowned social theorist and scholar of international political economy. He conducts research on Marx and Marxism, European social and political theory, contemporary political philosophy, critical theory, historiography, and international political economy. His work provides invaluable insights on issues of race and racism, social justice, the Third Way, imperialism, austerity, and EU politics, among many other fascinating contemporary issues. Alex studied Philosophy, Politics, and Economics at Balliol College, Oxford, and Philosophy of Science at the London School of Economics before writing a DPhil on Marx's Capital, also at Balliol. He was a Junior Research Fellow in Contemporary Social Thought at St Peter's College, Oxford from 1979 to 1981, after which he taught social and political theory at the Department of Politics at the University of York until 2005, when he moved to King's College London. Alex is currently the Professor of European Studies at King's and editor of International Socialism. Alex has been an active contributor to the development of the movement for another globalization, participating in the World Social Forum and an animator of the European Social Forum. Among his best known books are The Revolutionary Ideas of Karl Marx (1983), Against Postmodernism (1990), Social Theory (1999), An Anti-Capitalist Manifesto (2003), The Resources of Critique (2006), Imperialism and Global Political Economy (2009). His most recent book is entitled Deciphering Capital: Marx’s Capital and its Destiny (2014).

Nikolay Sieber in the history of prerevolutionary Russian economic thought

2018 ◽  
pp. 95-110
Author(s):  
L. D. Shirokorad
Keyword(s):  
Economic Theory ◽  
Political Economy ◽  
Organic Synthesis ◽  
Marginal Utility ◽  
Economic Thought ◽  
History Of ◽  
Three Stages

This article shows how representatives of various theoretical currents in economics at different times in history interpreted the efforts of Nikolay Sieber in defending and developing Marxian economic theory and assessed his legacy and role in forming the Marxist school in Russian political economy. The article defines three stages in this process: publication of Sieber’s work dedicated to the analysis of the first volume of Marx’s Das Kapital and criticism of it by Russian opponents of Marxian economic theory; assessment of Sieber’s work by the narodniks, “Legal Marxists”, Georgiy Plekhanov, and Vladimir Lenin; the decline in interest in Sieber in light of the growing tendency towards an “organic synthesis” of the theory of marginal utility and the Marxist social viewpoint.

Jean Tirole: The political economy of corporate finance (On the book by J. Tirole “The theory of corporate finance”)

2017 ◽  
pp. 128-141
Author(s):  
N. Ranneva
Keyword(s):  
Economic Theory ◽  
Political Economy ◽  
Graduate Students ◽  
Corporate Finance ◽  
Critical Review ◽  
The Political ◽  
Institutional Economic ◽  
New Type ◽  
Finance Theory ◽  
Empirical Material

The present article undertakes a critical review of the new book of Jean Tirole, the winner of the 2014 Nobel Prize in Economics, “The theory of cor- porate finance”, which has recently been published in Russian. The book makes a real contribution to the profession by summarizing the whole field of corporate finance and bringing together a big body of research developed over the last thirty years. By simplifying modeling, using unified analytical apparatus, undertaking reinterpretation of many previously received results, and structuring the material in original way Tirole achieves a necessary unity and simplicity in exposition of extremely heterogeneous theoretical and empirical material. The book integrates the new institutional economic theory into classical corporate finance theory and by doing so contributes to making a new type of textbook, which is quite on time and is likely to become essential reading for all graduate students in corporate finance and microeconomics and for everyone interested in these disciplines.

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