Articles

Articles and analyses from the INET community on the key economic questions of our time.

Article

Paul Samuelson and the History of Economics

Jan 21, 2013

Paul Samuelson is well-known to have been a compulsive citer and for having a particular Whig program for the history of economics

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Blending the Economy and Science

Nov 5, 2012

For one more time traveling closer to home – Mainz! It’s been the annual meeting of the German Society of the History of Science (the kind of academic club one has to be nominated for membership).

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Pleasure, Happiness and Fulfillment: The Trouble With Utility

Nov 3, 2012

For nineteenthth century figures such as Bentham and Jevons, the concept of utility was associated with satisfaction or pleasure experienced.

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Some Considerations on ‘Rationality’

Oct 5, 2012

In this post, I would like to explore the views of preferences and behavior outlined in MWG Ch.1, and specifically the view of rationality developed in this first chapter.

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Ring-fencing Explained

Oct 2, 2012

Everyone wants to ring-fence something, but they can’t agree on what: Vickers, Liikanen, Volcker.

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The use of economists' biography, I.

Sep 17, 2012

Robert Solow, “Notes on Coping.” In Szenberg ed. Eminent Economists: their Life Philosophy, 1992, p270

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A Quick One (Message to Naomi)

Sep 13, 2012

Yesterday, I had my first introductory economics seminar with my new students.

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Leakage as historiographic genre @ HES 2012

Jul 26, 2012

If the meetings of European historians of economics are urbane and cosmopolitan, the meetings of American historians are, by contrast, frank and toilful.

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Inclusive wealth and the history of GDP

Jul 16, 2012

The International Human Dimensions Programme on Global Environmental Change (IHDP) recently published the Inclusive Wealth Report 2012, in which the authors propose a measure of wealth based on the stock of capital present in a country, as opposed to the flow measure of GDP.

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Economics at Chicago, 1939-1955: the scope of our ignorance

Jun 26, 2012

The University of Chicago is well-known for as the place where a famous group of economists, including Milton Friedman, Georges Stigler, Gary Becker, among others, developed a method for analyzing economic facts based on Marshallian price theory, a vision of the evolution of macroeconomic aggregates called monetarism, and an approach to individual liberties and the role of the state known as (neo)liberalism.