scholarly journals The Long Rehabilitation of Frank Fetter

2021 ◽  
Vol 24 (3) ◽  
Author(s):  
Matthew McCaffrey
Keyword(s):  
Economic Theory ◽  
Austrian School ◽  
Historical Records ◽  
History Of ◽  
Austrian Tradition ◽  
David Ricardo

Economics has long history of “rehabilitations,” including W.H. Hutt’s rehabilitation of Say’s law, and Alfred Marshall’s attempt to rehabilitate David Ricardo. The rehabilitation of Frank A. Fetter should be as important as either of these, especially for economists working in the contemporary Austrian tradition. The historical records reveal that for the last century there has been underway a nearly unbroken series of efforts, especially by Austrian economists, to rehabilitate Fetter’s contributions and use them to revitalize economic theory. This paper relates this history, which chronicles the rise, decline, and rise again of one of the great American economic theorists. Yet crucially, this is not a story about Fetter alone, but also of the fortunes of the Austrian school and its rise, decline, and renaissance.

Money before coinage. History of pre-columbian currency

2021 ◽  
pp. 411-427
Author(s):  
Rafael Antonio Rivera Solórzano
Keyword(s):  
Economic Theory ◽  
Great Part ◽  
Human Interaction ◽  
Spontaneous Order ◽  
Austrian School ◽  
Austrian School Of Economics ◽  
Monetary System ◽  
Commodity Money ◽  
History Of ◽  
Carl Menger

It’s well known that Carl Menger, one the most remarkable con-tributors on economic theory, and father of the Austrian School of Economics, devoted a great part of his career to research money origins. According to his studies, money, just as language and eco-nomics came from a spontaneous order, otherwise known as a creation of human interaction, yet not of human design. This means that money didn’t originate from a decree, neither was an invention of a king or governor, but it comes from the regular com-munication between individuals, to satisfy a need. Needless to be said, the necessity of exchange has continuously been present on mankind; facilitating the satisfaction of the infinite human desires. Yet coinage was not present in humanity until the VIth century B.C. in Europe and XVth century A.C. in America1 when Spaniards arrived. Then how could civilizations without a well-developed coinage system progress? The purpose of this paper is to prove and show how the Mayan monetary system could work with-out a coinage system, and how efficient this civilization was solving problems commonly found in barter and commodity money, which were their leading means in commerce.

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).

Technical or political? The socialist economic calculation debate

2021 ◽  
Author(s):  
Tiago Camarinha Lopes
Keyword(s):  
Economic Theory ◽  
Historical Context ◽  
Austrian School ◽  
Economic Calculation ◽  
Standard Interpretation ◽  
Economic Interests ◽  
Mainstream Economics ◽  
Political Position ◽  
Socialist Economic ◽  
Technical Terms

Abstract The paper presents both the key arguments and the historical context of the socialist economic calculation debate. I argue that Oskar Lange presented the most developed strategy to deal with bourgeois economics, decisively helping to create the scientific consensus that rational economic calculation under socialism is possible. Lange’s arguments based on standard economic theory reveal that the most ardent defenders of capitalism cannot reject socialism on technical terms and that, as a consequence, the Austrian School was left with no choice but to diverge from mainstream economics in its search to develop a framework that could support its political position. This shows that Mises’ challenge from 1920 was solved and has been replaced by a political posture developed by Hayek and leading Austrians economists, who have been struggling since the 1980s to revise the standard interpretation of the socialist economic calculation debate. I argue that this revision should not be uncritically accepted and conclude that socialism cannot be scientifically rejected; it can only be politically rejected, by those whose economic interests it opposes.

Sharing the waterways: Shark-proof swimming, penal detention and the early history of St Helena Island, Moreton Bay

2020 ◽  
Vol 27 (2) ◽  
pp. 121-136
Author(s):  
Cathy Keys
Keyword(s):  
Early History ◽  
Historical Records ◽  
Moreton Bay ◽  
Quarantine Station ◽  
History Of ◽  
St Helena ◽  
Colonial Settlement

AbstractThis research examines the role that fear of sharks has played in the history of St Helena Island Moreton Bay, Queensland through analysis of historical records, newspapers, photographs and literature. The article begins with Aboriginal histories of St Helena Island, colonial settlement of the region and the building of a quarantine station. An exploration of the ways in which settlers’ fear of sharks supported the detention of prisoners in the St Helena Island Penal Establishment follows. The research finds that the warders’ shark-proof swimming enclosure on St Helena Island (1916) records a time when Queensland communities were first seeking to manage the recreational demands of swimmers in the context of a growing public fear of sharks.

scholarly journals Population genomic and historical analysis suggests a global invasion by bridgehead processes in Mimulus guttatus

2021 ◽  
Vol 4 (1) ◽  
Author(s):  
Mario Vallejo-Marín ◽  
Jannice Friedman ◽  
Alex D. Twyford ◽  
Olivier Lepais ◽  
Stefanie M. Ickert-Bond ◽  
...  
Keyword(s):  
Biological Invasions ◽  
Historical Analysis ◽  
Historical Records ◽  
British Isles ◽  
Mimulus Guttatus ◽  
Introduced Populations ◽  
Genome Wide ◽  
Starting Point ◽  
History Of ◽  
Global Invasion

AbstractImperfect historical records and complex demographic histories present challenges for reconstructing the history of biological invasions. Here, we combine historical records, extensive worldwide and genome-wide sampling, and demographic analyses to investigate the global invasion of Mimulus guttatus from North America to Europe and the Southwest Pacific. By sampling 521 plants from 158 native and introduced populations genotyped at >44,000 loci, we determined that invasive M. guttatus was first likely introduced to the British Isles from the Aleutian Islands (Alaska), followed by admixture from multiple parts of the native range. We hypothesise that populations in the British Isles then served as a bridgehead for vanguard invasions worldwide. Our results emphasise the highly admixed nature of introduced M. guttatus and demonstrate the potential of introduced populations to serve as sources of secondary admixture, producing novel hybrids. Unravelling the history of biological invasions provides a starting point to understand how invasive populations adapt to novel environments.

scholarly journals A Brief History of the Trails of Grand Teton National Park

2009 ◽  
Vol 32 ◽  
pp. 55-62
Author(s):  
James Pritchard
Keyword(s):  
National Park ◽  
National Park Service ◽  
Service System ◽  
Cultural Resources ◽  
Historical Records ◽  
Grand Teton National Park ◽  
Park Service ◽  
History Of ◽  
Practical Development ◽  
Trail System

This project investigated the history of the backcountry trail system in Grand Teton National Park (GTNP). In cooperation with GTNP Cultural Resources and the Western Center for Historic Preservation in GTNP, we located records describing the early development of the trail system. Only a few historical records describe or map the exact location of early trails, which prove useful when relocating trails today. The paper trail becomes quite rich, however, in revealing the story behind the practical development of Grand Teton National Park as it joined the National Park Service system.

scholarly journals Bats from Lebanon at the Natural History Museum, Vienna: a cautionary tale on the reliability of museum specimen data (Chiroptera)

2016 ◽  
Vol 47 (1) ◽  
pp. 17-43
Author(s):  
Petr Benda ◽  
Simon Engelberger
Keyword(s):  
Natural History ◽  
Natural History Museum ◽  
Museum Specimen ◽  
Historical Records ◽  
Cautionary Tale ◽  
History Museum ◽  
Rhinolophus Ferrumequinum ◽  
Myotis Myotis ◽  
History Of ◽  
To Come

Abstract Seven historical bat specimens of four species (Rhinolophus ferrumequinum, R. mehelyi, Taphozous nudiventris, Myotis myotis), attributed to originate from the territory of the present-day Lebanon, are deposited and documented in the modern database of the mammal collection of the Natural History Museum, Vienna, Austria (Naturhistorisches Museum Wien). Two of these species (R. mehelyi, T. nudiventris) have never been reported for Lebanon in the existing literature and recent surveys have also failed to find them in this country. Since these bats were collected in the period 1824–1885, the history of the all respective specimens was evaluated in detail. The revision brought rather unexpected results. Only one specimen (R. ferrumequinum) was found to come (most probably) from Lebanon, being collected by W. Hemprich and Ch. Ehrenberg in 1824. In the remaining six specimens, the origin could not be defined, thus rendering the statement that they were collected in Lebanon insecure. This case demonstrates that careful checks of modern interpretations of historical records are necessary when examining past distributions of organisms.

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