Journal ArticleHistory of Political Economy · January 1, 2018
Development economics in the 1950s and 1960s, as Jan Tinbergen and Irma Adelman saw it, was a “groping in the dark.” Besides the limited knowledge of dynamic mechanisms, the lack of data was a severe problem for any attempt at modeling, whether macroeconom ...
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ConferenceResearch in the History of Economic Thought and Methodology · January 1, 2016
In the 1950s, when development as a subject for study was as yet poorly defined, misunderstandings were not uncommon. The grounds were often methodological, but substantive analytical differences were also involved. I focus on an unusual context, the invit ...
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Journal ArticleHistory of Political Economy · January 1, 2016
Economists in the 1950s differed on “backwardness” and how best to intervene. World Bank economists favored planning, but one dissenter, Albert Hirschman, held the conviction that the basis for success lay in a desire for change and the will to face down d ...
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Chapter · January 1, 2008
Intrinsic value has a nice ring to it. It picks up on “essential” properties supposedly existing in an object, and implies greater stability than external evaluations, which can be attached, modified, even withdrawn altogether, on whim. The precious metals ...
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Conference · January 1, 2007
Introduction Can artistic, cultural, and economic valuations ever be determined on common ground? The economist is inclined to say yes, in principle; as in an hedonic regression, artistic and cultural worth may be thought of as factors that help to explain ...
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Journal ArticleHandbook of the Economics of Art and Culture · December 1, 2006
Treating markets as arenas where relative advantage is contested, this entry explores the emergence and evolution of Western markets for paintings, 1450-1750, in terms of the players, their creative moves to secure gain, and the rules they devised to maint ...
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Chapter · January 1, 2006
SMITH'S PREOCCUPATION WITH THE IMITATIVE ARTS After Smith returned to Kirkaldy from London in June 1777, one of “Several Works” that occupied him was an essay on the imitative arts (Corr., no. 208). Progress was interrupted, as he feared it would be, by hi ...
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Journal ArticleEuropean Journal of the History of Economic Thought · December 1, 2003
Visualization in economics was common, and in trade theory almost a primary mode of analysis and demonstration from the late 19th century until the 1960s. Why? This paper presents two versions of the gains from trade notion that have come to us in visual f ...
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Journal ArticleJournal of Economic Behavior and Organization · January 1, 1995
This article examines institution-formation in the nascent art markets of 17th century Amsterdam and Haarlem in response to external and internal pressures on artists' guilds. In Amsterdam, poor quality imports, often copies, were touted as originals and s ...
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Journal ArticleJournal of Econometrics · January 1, 1995
Economists test to strengthen conviction, though mostly without disclosing how this can occur. There is a clear line of logical implication from theory to model; but in the process there may be a narrowing and specialization of the hypothesis so that it is ...
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