Economic Inquiry 2020 Editor’s Report

2021 ◽  
Vol 59 (4) ◽  
pp. 1748-1756
Author(s):  
Wesley W. Wilson
Keyword(s):  
Economic Inquiry

Cotton Textile and Leather Exports: What Cost Foreign Exchange? (Notes & Comments)

1969 ◽  
Vol 9 (3) ◽  
pp. 330-342
Author(s):  
G. C. Hufbauer ◽  
Nayyara Aziz ◽  
Asghar Ali
Keyword(s):  
Foreign Exchange ◽  
Senior Author ◽  
Cotton Textile ◽  
The West ◽  
Cotton Textiles ◽  
Economic Inquiry ◽  
Manufactured Goods ◽  
The Relationship ◽  
Development Department

The senior author has elsewhere argued [8] that foreign exchange earned by the export of West Pakistan-manufactured goods has a high domestic cost. Much the same contention has been advanced by Hecox [7], Islam [9] and MacEwan [11]. In these papers the relationship between costs and earnings is usually based on fairly abstract assumptions. The purpose of this note is to reduce the calculations to a "plain man" level. Specifically, we try to calculate how many rupees of indigenous resources are expended to earn each extra rupee of foreign exchange which is received from exporting cotton textiles and leather goods rather than their primary ingredients, namely raw cotton and hides and skins i. Since this note was written, the Board of Economic Inquiry, Lahore, at the request of the West Pakistan Planning and Development Department, has undertaken a wider study applying the same general approach used here.

Statistics and Economic History

1941 ◽  
Vol 1 (1) ◽  
pp. 26-41 ◽  
Author(s):  
Simon Kuznets
Keyword(s):  
Statistical Analysis ◽  
Economic History ◽  
Raw Materials ◽  
The Other ◽  
Economic Study ◽  
Statistical Research ◽  
Historical Approach ◽  
The Past ◽  
Economic Inquiry ◽  
Analytical Tools

This paper deals with the relation between statistical analysis as applied in economic inquiry and history as written or interpreted by economic historians. Although both these branches of economic study derive from the same body of raw materials of inquiry—the recordable past and present of economic society—each has developed in comparative isolation from the other. Statistical economists have failed to utilize adequately the contributions that economic historians have made to our knowledge of the past; and historians have rarely employed either the analytical tools or the basic theoretical hypotheses of statistical research. It is the thesis of this essay that such failure to effect a close interrelation between historical approach and statistical analysis needs to be corrected in the light of the final goal of economic study.

scholarly journals Was Schumpeter Right After All?

1993 ◽  
Vol 7 (3) ◽  
pp. 87-96 ◽  
Author(s):  
Robert Heilbroner
Keyword(s):  
Point Of View ◽  
Economic Inquiry

In Capitalism, Socialism, and Democracy (1947) Schumpeter asks “Can capitalism survive?” He answers: “No. I do not think it can.” In an essay I wrote in 1981 entitled “Was Schumpeter Right?” I began with the words: “No. I do not think he was.” Now, over a decade later, I wish to reconsider the question of whether Schumpeter was right, from a somewhat different point of view. To the question “Was Schumpeter Right?” I now give two answers. Was he right in his analysis of the prospects for capitalism? No, I still do not think he was. But was he right in his approach to the question of economic inquiry itself, an approach that recognized the presence of Vision as the precursor to Analysis? Yes, there I believe that he was not only right, but even more right than he himself realized

Three Centuries of Demand and Supply

1998 ◽  
Vol 20 (4) ◽  
pp. 397-410 ◽  
Author(s):  
Robert W. Clower
Keyword(s):  
Economic Thought ◽  
History Of Economic Thought ◽  
Demand And Supply ◽  
The Past ◽  
History Of ◽  
Economic Inquiry

Although the ground I cover in this address is familiar, I approach it as a novice (Clower, 1973). I have written some history of economic thought papers over the past fifty years, but the bulk of my work has been theoretical; and I have known too many good historians of thought to imagine I belong in that class. As W. J. Ashley (1891) observed, “The economic historian … is apt to be confused in theory; [and] the … theorist runs the risk of being unhistorical” (compare Wicksell, 1904, p. 61). Unhistorical or not, I shall discuss some major vicissitudes of economic inquiry over the past three centuries.

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