scholarly journals W. Stark, J.M. Keynes and the Mercantilists

2021 ◽  
Author(s):  
Constantinos Repapis
Keyword(s):  
Economic Theory ◽  
General Theory ◽  
Sociology Of Knowledge ◽  
Economic Thought ◽  
Social Conditions ◽  
History Of Economic Thought ◽  
John Maynard Keynes ◽  
The Social ◽  
Intellectual Traditions ◽  
History Of

In this paper we investigate Werner Stark’s sociology of knowledge approach in the history of economic thought. This paper explores: 1) The strengths and weaknesses of Stark’s approach to historiography, 2) seeing how this can frame an understanding of mercantilist writings and, 3) develop a link between a pluralist understanding of economics, and the sociology of knowledge approach. The reason for developing this link is to extend the sociology of knowledge approach to encompass a pluralist understanding of economic theorising and, at the same time, clarify the link between context and economic theory. John Maynard Keynes’ practice of building narratives of intellectual traditions as evidenced in The General Theory is used to develop a position between an understanding of history of economic thought as the evolution of abstract and de-contextualized economic theorising and, the view of economic theory as only relevant within the social conditions from which it arose.

scholarly journals W. STARK, J. M. KEYNES, AND THE MERCANTILISTS

2021 ◽  
pp. 1-28
Author(s):  
Constantinos Repapis
Keyword(s):  
Economic Theory ◽  
General Theory ◽  
Sociology Of Knowledge ◽  
Economic Thought ◽  
Social Conditions ◽  
History Of Economic Thought ◽  
The Social ◽  
Intellectual Traditions ◽  
History Of

In this paper we investigate Werner Stark’s sociology of knowledge approach in the history of economic thought. This paper explores: 1) the strengths and weaknesses of Stark’s approach to historiography, 2) how this can frame an understanding of mercantilist writings, and 3) the development of a link between a pluralist understanding of economics and the sociology of knowledge approach. The reason for developing this link is to extend the sociology of knowledge approach to encompass a pluralist understanding of economic theorizing and, at the same time, clarify the link between context and economic theory. John Maynard Keynes’s practice of building narratives of intellectual traditions as evidenced in The General Theory is used to develop a position between an understanding of history of economic thought as the evolution of abstract and decontextualized economic theorizing and the view of economic theory as relevant only within the social conditions from which it arose.

John Neville Keynes: The Social Philosophy of a Late Victorian Economist

1995 ◽  
Vol 17 (2) ◽  
pp. 266-284 ◽  
Author(s):  
Rick Tilman ◽  
Ruth Porter-Tilman
Keyword(s):  
Political Economy ◽  
Social Philosophy ◽  
Economic Thought ◽  
History Of Economic Thought ◽  
John Maynard Keynes ◽  
The Social ◽  
History Of ◽  
A Minor ◽  
The Impact

John Neville Keynes (1852–1949) is best known for fathering one of the most influential economists of our time, John Maynard Keynes (1883–1946). Yet in his own day he was a formidable logician1 and economist himself. Although overshadowed by his colleague Alfred Marshall, his Scope and Method of Political Economy (1891) is still considered a minor classic and read by specialists in the history of economic thought. Maynard Keynes's biographers have portrayed Neville as having a powerful influence on him, even if they have failed to detail the impact of the father's logic and economics on his famous son.

Essays of a “comparatively progressive” economist (On the 150th birth anniversary of Vladimir Geleznoff)

2019 ◽  
pp. 135-145
Author(s):  
Viktor A. Popov
Keyword(s):  
Economic Theory ◽  
Political Economy ◽  
Economic Thought ◽  
History Of Economic Thought ◽  
The Political ◽  
Russian History ◽  
Working Ability ◽  
Intellectual Inquiry ◽  
History Of

Deep comprehension of the advanced economic theory, the talent of lecturer enforced by the outstanding working ability forwarded Vladimir Geleznoff scarcely at the end of his thirties to prepare the publication of “The essays of the political economy” (1898). The subsequent publishing success (8 editions in Russia, the 1918­-year edition in Germany) sufficiently demonstrates that Geleznoff well succeded in meeting the intellectual inquiry of the cross­road epoch of the Russian history and by that taking the worthful place in the history of economic thought in Russia. Being an acknowledged historian of science V. Geleznoff was the first and up to now one of the few to demonstrate the worldwide community of economists the theoretically saturated view of Russian economic thought in its most fruitful period (end of XIX — first quarter of XX century).

scholarly journals THE DEVELOPMENT ECONOMIST AS HISTORIAN OF ECONOMICS: THE CASE OF WILLIAM J. BARBER

2019 ◽  
Vol 41 (03) ◽  
pp. 325-333 ◽  
Author(s):  
Mauro Boianovsky
Keyword(s):  
Economic Theory ◽  
Research Agenda ◽  
Policy Making ◽  
Economic Thought ◽  
Time Span ◽  
East India Company ◽  
History Of Economic Thought ◽  
British East India Company ◽  
History Of ◽  
The Way

The paper shows how William Barber’s background as a development economist influenced his research agenda in the history of economic thought, in terms of the questions he asked and the way he approached them. The links between the history of economic theory and of policy-making are highlighted, as well as Barber’s investigation of the engagement of British economists with India’s economic matters throughout the time span of the British East India Company.

The Pragmatic Basis of Keynes's Political Economy

1946 ◽  
Vol 6 (2) ◽  
pp. 121-152 ◽  
Author(s):  
Dudley Dillard
Keyword(s):  
Political Economy ◽  
Great Depression ◽  
Economic Thought ◽  
History Of Economic Thought ◽  
John Maynard Keynes ◽  
The Great Depression ◽  
Widespread Adoption ◽  
The Future ◽  
History Of ◽  
Second World

Although we still live in the shadow of the years between the First and the Second World Wars, already it seems quite clear that future historians of economic thought will regard John Maynard Keynes as the outstanding economist of this turbulent period. As one writer has recently said, “The rapid and widespread adoption of the Keynesian theory by contemporary economists, particularly by those who at first were highly critical, will probably be recorded in the future history of economic thought as an extraordinary happening.” Book after book by leading economists acknowledges a heavy debt to the stimulating thought of Lord Keynes. The younger generation of economists, especially those whose thinking matured during the great depression of the thirties, have been particularly influenced by him.

Wie viel Geschichte braucht die Ökonomie? Das Verhältnis von Theorie und Geschichte in evolutionstheoretischer Interpretation

2009 ◽  
Vol 50 (1) ◽  
Author(s):  
Kurt Dopfer
Keyword(s):  
Economic Theory ◽  
Economic History ◽  
Social Behaviour ◽  
Economic Thought ◽  
The Body ◽  
History Of Economic Thought ◽  
Communication Link ◽  
Evolutionary Ontology ◽  
History Of ◽  
Historical Element

AbstractEconomic History and History of Economic Thought haven been relegated increasingly from the teaching and research curricula of economics in recent years. The paper starts off arguing that this trend is due to the mechanistic ontology of mainstream economics, and it continues setting out an alternative evolutionary ontology expounding how the historical element must and can be integrated into the body of economic theory. Centre stage is a lingua franca composed of analytical terms that are designed to bridge the domains of theoretical and of historical economic analysis. Economists are viewed in their status as observers whose cognitive dispositions as well as social behaviour co-evolve with the environment they inhabit. Further advances in economic theory are seen as being critically dependent on employing an evolutionary approach and on establishing a communication link to economic history and the history of economic thought which likewise may get essential inspirations from applying that approach.

scholarly journals Journal of the History of Economic Thought Preprints - Keynes, Public Debt and the Complex of Interest Rates

2018 ◽  
Author(s):  
Anthony Aspromourgos
Keyword(s):  
Interest Rates ◽  
Term Structure ◽  
Public Debt ◽  
Public Investment ◽  
Private Investment ◽  
Economic Thought ◽  
History Of Economic Thought ◽  
John Maynard Keynes ◽  
History Of ◽  
Debt Market

John Maynard Keynes consistently offered qualified endorsement of Abba Lerner’s “functional finance” doctrine – the qualifications particularly turning on Keynes’s attentiveness to policy management of the psychology of the debt market. This article examines Keynes’s understanding of the possible influence of public debt on interest rates, from 1930 forward. With the multiplier a mechanism whereby debt-financed public investment generates matching private saving (net of private investment) plus public saving, it becomes possible for Keynes to conclude that increasing public debt need not place upward pressure on the level of interest rates, so long as policy can successfully manage the psychology of the debt market. This particularly concerns long interest rates and hence, the term structure of rates. His theory of the term structure enables Keynes’s conviction that policy can manage and shape long rates. The conclusion considers also whether Keynes’s caution concerning public debt and interest rates retains relevance today.

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