Whatever Happened to the Cambridge Capital Theory Controversies? (With comments by L. Pasinetti, F. Fisher, J. Felipe and J. McCombie, R. Greenfield and reply by the authors)

2009 ◽  
pp. 4-27
Author(s):  
A. Cohen ◽  
G. Harcourt
Keyword(s):  
Economic Theory ◽  
Economic Thought ◽  
Point Of View ◽  
Chronological Order ◽  
Capital Theory

The article written by the well-known theorists and historians of economic thought contains a detailed overview of the Cambridge capital controversy, which had raged from the mid-1950-s through the mid-1970-s. The authors track the origins of the controversy and cover arguments of both sides in chronological order. From their point of view, the discussion hasnt been resolved, and its main underlying aspects were ideological beliefs and fundamental methodological controversies on the nature of equilibrium and on the role of time in economic theory. The article is published with comments written by other leading theoreticians.

The structure of Solovyov's three lifetime poetry books: toward a problem statement

2021 ◽  
pp. 25-37
Author(s):  
E.A. Cherkasova
Keyword(s):  
Point Of View ◽  
Special Role ◽  
Chronological Order ◽  
Problem Statement ◽  
The Third ◽  
Methods Of Analysis ◽  
Art Forms ◽  
First Time ◽  
Different Levels

This essay examines for the first time the three editions, from 1891, 1895, and 1900, of Solovyov’s collected poetry from the point of view of their internal organization and relationship. The task posed is the identification and description of the most important components of the poetry book, which are present in all three editions and contribute to an understanding of the author's conception as it was realized in the books under consideration. To fulfill this task the comparative and descriptive methods of analysis are used. The evolution of the author’s artistic consciousness is described on the basis of the collected editions of Solovyov's poetry, his epistolary heritage, and the research of contemporary scholars. The different levels of the author's dialogue with the reader, with critics, as well as with poets and writers are highlighted. The author outlines the ways of researching the examined theme. In particular, the chronological order of the development of Solovyov's lyrical books, as well as the definite recurrence of the separate lyrical components in each of the three books, is shown. We see that the content of the author's three prefaces determines their function in the structure of the poetry books. The special role of critical works, included by the author in the third edition, in shaping the structure of the book of poems, as well as their relation with the foreword, is emphasized. The author concludes with genre renewal of art forms to solve new aesthetic tasks. Solovyov's aspiration to realize the life-creative conception within the framework of work on three lifetime editions is affirmed. In conclusion, the author substantiates the idea that the presented editions in their unity are a transitional genre form, which corresponds to the poet’s individual artistic searching and which establishes the literary trends of the turn of XIX–XX centuries.

scholarly journals Evolution of economic thought in the context of the lending problem in the second half of 17th - middle 19th century

2020 ◽  
pp. 121-126
Author(s):  
Mykhailo Orlyk
Keyword(s):  
Economic Theory ◽  
19Th Century ◽  
Russian Empire ◽  
Economic Thought ◽  
Theoretical Understanding ◽  
Role Of The State ◽  
The Russian Empire ◽  
Classical Economic ◽  
Banking Credit

The article analyzes the scientific achievements of the classical economic school representatives of the second half of the 17th - middle of the 19th century in the field of lending through the prism of modernity. The goal of research is to study the evolution of views on the nature and role of lending by the classical school representatives of economics in the second half of 17th - mid 19th centuries. Methods of research. Both general scientific and special methods of scientific cognition were used to solve the tasks, that were set for the goal. Systematic and structured approaches, methods of generalization, analysis, comparison, synthesis, and scientific abstraction were used in the process of writing the article. Results of work. In the article had been established and analyzed the evolution of the theoretical understanding of the lending problem in the classical school of economics from the time of its foundation to the beginning of the realization of its theoretical achievements in the financial and economic space of the Russian Empire. The field of application of results. The results of the held study can be used in teaching courses in the history of economics and economic thought, as well as other economic disciplines, in the training of specialists in banking, credit and economic theory. Conclusions. The held study of the views evolution of the classical economic school representatives on the problem of lending allows us to conclude that credit as a socio-economic phenomenon has aroused significant interest of researchers. Among the main questions, that were set by scientists, were questions related to the principles of reward formation for the credit and its role in the development of the country's economy. Many researchers have paid attention to the question of the state’s place in the credit relations of the borrower and the lender. Examining the process of transformation of economic theory, we can conclude that the role of the state as a strict regulator of credit relations had gradually changed to the role of guarantor of credit obligations. A significant impetus to the development of economics in the context of understanding credit in the Russian Empire was made by M. Bunge. He has not only theoretically justified the importance of the credit availability for the development of economic relations, but also put his own scientific ideas into practice.

Taking Moral Motivations into Consideration: An Internalist Point of View

2005 ◽  
Vol 16 (3) ◽  
pp. 271-287 ◽  
Author(s):  
Jérôme Ballet ◽  
Sébastien Barillot ◽  
Damien Bazin ◽  
François-Régis Mahieu
Keyword(s):  
Economic Theory ◽  
Social Factors ◽  
Jel Classification ◽  
Point Of View ◽  
Individual Responsibility ◽  
Special Importance ◽  
Economic Calculation ◽  
Key Factor ◽  
Economic Reasoning

Economic theory has of late begun to include moral and social factors into the analysis of human behaviour. A key factor in this process of integration is the role of motivations. This role is discussed in the field of moral philosophy through the opposition of internalism and externalism. The first part of the present article deals with this issue. Economic theory, insofar as standard developments are concerned, does not take the internalist point of view seriously into account. This is illustrated in the second section through the discussion of models which integrate the sense of guilt. We then conclude on the weaknesses of these models. The internalist position is defended in the third part. We highlight the effects that such a position could have on economic reasoning. Amongst these effects, special importance is given to demonstrate that rationality regarding economic calculation is subordinate to individual responsibility. JEL classification: B40.

scholarly journals The Essence and Role of Human Capital in Increasing Production Efficiency

Economics ◽  
2021 ◽  
Vol 104 (10-12) ◽  
pp. 16-27
Author(s):  
Nato Chikviladze Nato Chikviladze
Keyword(s):  
Human Capital ◽  
Production Efficiency ◽  
Economic Thought ◽  
Point Of View ◽  
Main Task ◽  
Capital Management ◽  
Human Capital Management ◽  
Fixed Assets ◽  
History Of

The article discusses the origin of the concept of "human capital". In the economic and social sciences, the first place is always occupied by human capital, whose creative qualities, abilities, strengths can improve one's personality and the world around it. But the development of the material and technical base of accelerated production overshadowed the problems of human development and its productivity capabilities. As a result of all this, for many years the capabilities of the producer were considered as one of the quantitative factors of production. At the same time the main task was only a qualitative combination of labor, working capital and fixed assets. The idea of human capital has long been rooted in the history of economic thought. One of his formulations can be found in William Pete's "Political Arithmetic", which was later reflected in Adam Smith's "Studies on the Nature and Causes of People's Wealth", in the Principles of Economics by Alfred Marshall and many other scholars. The theory of human capital was developed at the turn of the 50s and 60s of the 20th century. The paper analyzes the structural elements of human capital from the point of view of various authors. The author has studied the characteristics of human capital that distinguish it from other capital. The characteristics of the human capital of the organization were examined, the evaluation methods were determined, the role of human capital in the improvement of the efficiency of the organization was determined. It has been found that the effectiveness of human capital management depends on the mobility of working resources. As a result of the research, the author presented a model of human capital management of the organization. Keywords: human capital, organization, efficiency, formation, management, system.

BLAUG VERSUS GAREGNANI ON THE ‘FORMALIST REVOLUTION’ AND THE EVOLUTION OF NEOCLASSICAL CAPITAL THEORY

2014 ◽  
Vol 36 (4) ◽  
pp. 455-478 ◽  
Author(s):  
Fabio Petri
Keyword(s):  
Economic Theory ◽  
Process Tracing ◽  
Single Factor ◽  
Mainstream Economic ◽  
Capital Theory ◽  
Variable Form ◽  
Great Uncertainty ◽  
Capital Endowment ◽  
Walrasian Equilibria

In a series of papers, Mark Blaug has accused modern, mainstream economic theory of sterility because of the abandonment of “competition as a process,” tracing the cause to the Formalist Revolution of the 1950s. The paper agrees with the criticism but disagrees on the cause, which is, rather, to be found in the shift from the treatment of capital as a single factor of variable ‘form’ to a Walrasian specification of the capital endowment as a given vector, a datum incompatible with the role of equilibrium as a center of gravitation of time-consuming adjustments. The shift was due, as shown by Pierangelo Garegnani, to unease in the 1930s with the conception of capital as a single factor, a fact neglected by Blaug but historically evident and a cause of great uncertainty in capital theory in subsequent decades. The conclusion is that, to avoid the sterility of neo-Walrasian equilibria, one cannot return to Alfred Marshall with his inconsistent notion of capital as a single factor, but Blaug himself indicates another possible direction.

Elucidation of block boundaries as the dissolution channels in hydrated cement

1978 ◽  
Vol 36 (1) ◽  
pp. 484-485
Author(s):  
N.V. Belov ◽  
U.I. Papiashwili ◽  
B.E. Yudovich
Keyword(s):  
Liquid Phase ◽  
Grain Boundaries ◽  
Benzoyl Peroxide ◽  
Phase Contrast ◽  
Active Role ◽  
Point Of View ◽  
Hardened Cement ◽  
Hydrated Cement ◽  
Hardened Cement Paste

It has been almost universally adopted that dissolution of solids proceeds with development of uniform, continuous frontiers of reaction.However this point of view is doubtful / 1 /. E.g. we have proved the active role of the block (grain) boundaries in the main phases of cement, these boundaries being the areas of hydrate phases' nucleation / 2 /. It has brought to the supposition that the dissolution frontier of cement particles in water is discrete. It seems also probable that the dissolution proceeds through the channels, which serve both for the liquid phase movement and for the drainage of the incongruant solution products. These channels can be appeared along the block boundaries.In order to demonsrate it, we have offered the method of phase-contrast impregnation of the hardened cement paste with the solution of methyl metacrylahe and benzoyl peroxide. The viscosity of this solution is equal to that of water.

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.

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).

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