Skip to main content

Neil de Marchi

Professor Emeritus of Economics
Economics
Box 90097, Durham, NC 27708-0097
Social Sciences, Durham, NC 27708

Selected Publications


Models, measurement, and “universal patterns”: Jan tinbergen and development planning without theory

Journal Article History 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 ... Full text Cite

Models and misperceptions: Chenery, hirschman and tinbergen on development planning

Conference Research 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 ... Full text Cite

Psychology fails to trump the multiyear, structural development plan: Albert Hirschman’s largely frustrated efforts to place the “ability to make and carry out development decisions” at the center of the development economics of the late 1950s and the 1960s

Journal Article History 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 ... Full text Cite

Introduction

Chapter · 2008 Cite

Reluctant partners: Aesthetic and market value, 1708–1871

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existing in an object, and implies greater stability than external evaluations, which can be attached, modified, even withdrawn altogether, on whim.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 ... Full text Cite

Confluences of value: Three historical moments

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 ... Full text Cite

Chapter 3 The History of Art Markets

Journal Article Handbook 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 ... Full text Cite

Smith on ingenuity, pleasure, and the imitative arts

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 ... Full text Cite

Adam Smith and private provision of the arts

Journal Article History of Political Economy · September 1, 2005 Full text Cite

History of economics for the nonhistorian: A collection of papers

Journal Article History of Political Economy · January 1, 2004 Full text Cite

Visualizing the gains from trade, mid-1870s to 1962

Journal Article European 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 ... Full text Cite

Ingenuity, preference, and the pricing of pictures: The Smith-Reynolds connection

Journal Article History of Political Economy · January 1, 1999 Full text Cite

Comment on Niehans, Multiple discoveries’

Journal Article The European Journal of the History of Economic Thought · September 1, 1995 Full text Cite

The role of Dutch auctions and lotteries in shaping the art market(s) of 17th century Holland

Journal Article Journal 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 ... Full text Cite

Empirical model particularities and belief in the natural rate hypothesis

Journal Article Journal 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 ... Full text Open Access Cite

Models, measurement, and “universal patterns”: Jan tinbergen and development planning without theory

Journal Article History 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 ... Full text Cite

Models and misperceptions: Chenery, hirschman and tinbergen on development planning

Conference Research 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 ... Full text Cite

Psychology fails to trump the multiyear, structural development plan: Albert Hirschman’s largely frustrated efforts to place the “ability to make and carry out development decisions” at the center of the development economics of the late 1950s and the 1960s

Journal Article History 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 ... Full text Cite

Introduction

Chapter · 2008 Cite

Reluctant partners: Aesthetic and market value, 1708–1871

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 ... Full text Cite

Confluences of value: Three historical moments

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 ... Full text Cite

Chapter 3 The History of Art Markets

Journal Article Handbook 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 ... Full text Cite

Smith on ingenuity, pleasure, and the imitative arts

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 ... Full text Cite

Adam Smith and private provision of the arts

Journal Article History of Political Economy · September 1, 2005 Full text Cite

History of economics for the nonhistorian: A collection of papers

Journal Article History of Political Economy · January 1, 2004 Full text Cite

Visualizing the gains from trade, mid-1870s to 1962

Journal Article European 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 ... Full text Cite

Ingenuity, preference, and the pricing of pictures: The Smith-Reynolds connection

Journal Article History of Political Economy · January 1, 1999 Full text Cite

Comment on Niehans, Multiple discoveries’

Journal Article The European Journal of the History of Economic Thought · September 1, 1995 Full text Cite

The role of Dutch auctions and lotteries in shaping the art market(s) of 17th century Holland

Journal Article Journal 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 ... Full text Cite

Empirical model particularities and belief in the natural rate hypothesis

Journal Article Journal 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 ... Full text Open Access Cite

Making a case when theory is unfalsifiable: Friedman’s monetary history

Journal Article Economics and Philosophy · January 1, 1986 Full text Cite