Abstract
Of necessity this introduction must be personal and uneven, for the subject of the conference, ‘no less than the whole of a major (perhaps the major) part of economics, considered ... from a particular angle’ (Hicks, 1973a, p. 1), brought together several traditions and approaches, in not all of which could I claim any expertise.1 Furthermore, while I hope to escape classification in one Hahn category, that of ‘economists [unable to] grow bitter gracefully’, I am less hopeful of escaping another, that of economists ‘with a theoretical bent [who] ... cannot now understand what the best minds in their subject are saying’ (Hahn, 1973b, p. 322).
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
K. J. Arrow and F. H. Hahn, General Competitive Analysis (San Francisco: Holden-Day; Edinburgh: Oliver & Boyd, 1971 ).
A. Asimakopulos, ‘A Kaleckian Theory of Income Distribution’, Canadian Journal of Economics, Vol. 8, No 3 (August 1975) pp. 313–33.
C. J. Bliss, ‘Capital Theory in the Short-run’ (Buffalo, mimeographed, 1974 ).
C. J. Bliss, Capital Theory and the Distribution of Income (Advanced Textbooks inEconomics, Vol. 4) (Amsterdam and Oxford: North-Holland; New York: American Elsevier, 1975).
R. Clower, ‘Reflections on the Keynesian Perplex’, Zeitschrift far Nationalokonomie, VoL 35, Parts 1–2 (1975) pp. 1–24.
R. Clower and A. Leijonhufvud, ‘The Co-ordination of Economic Activities: A Keynesian Perspective’, American Economic Review Vol. LXV, No 2 (May 1975) pp. 182–8.
A. S. Eichner, ‘A Theory of the Determination of the Mark-up under Oligopoly’,Economic Journal, Vol. 83, No 342 (December 1973) pp. 1184–200.
A. S. Eichner, ‘Determination of the Mark-up under Oligopoly: A Reply’, EconomicJournal Vol. 84, No 346 (December 1974) pp. 974–80.
A. S. Eichner, ‘A Theory of the Determination of the Mark-up under Oligopoly: A Further Reply’, Economic Journal, Vol. 85, No 347 (March 1975) pp. 149–50.
A. S. Eichner, The Megacorp and Oligopoly (Cambridge: Cambridge University Press, 1976 ).
G. R. Fiewel, The Intellectual Capital of Michal Kaleéki: A Study in Economic Theory and Policy ( Knoxville: University of Tennessee Press, 1975 ).
S. Fischer, ‘Recent Developments in Monetary Theory’, American Economic Review, Vol. LXV, No 2 (May 1975) pp. 157–66.
L. Gallaway and V. Shukla, ‘The Neoclassical Production Function’, American Economic Review, VoL LXIV, No 3 (June 1974) pp. 348–58.
P. Garegnani, ‘Heterogeneous Capital, the Production Function and the Theory of Distribution’, Review of Economic Studies, Vol. XXXVII (3), No 111 (July 1970a) pp. 407–36.
P. Garegnani, ‘A Reply’, Review of Economic Studies, Vol. XXXVII (3), No 111 (July 1970b) p. 439.
P. Garegnani, ‘Summary of the Final Discussion’ in J. A. Mirrlees and N. H. Stern (eds.), Models of Economic Growth ( London: Macmillan, 1973 ).
P. Garegnani, ‘On a Change in the Notion of Equilibrium in Recent Work on Value and Distribution. A Comment on Samuelson’ in M. Brown, K. Sato and P. Zarembka (eds.), Essays in Modern Capital Theory ( Amsterdam and Oxford: North-Holland, 1976 ) pp. 25–45.
W. Godley and W. D. Nordhaus, ‘Pricing in the Trade Cycle’, Economic Journal, Vol. 82, No 327 (September 1972) pp. 853–82.
C. A. E. Goodhart, Money, Information and Uncertainty ( London: Macmillan, 1975 ).
H. A. J. Green, Aggregation in Economic Analysis: An Introductory Survey (Princeton University Press, 1964 ).
J. R. Green and M. Majumbar, ‘The Nature and Existence of Stochastic Equilibria’ (Unpublished paper, 1972 ).
F. H. Hahn, On the Notion of Equilibrium in Economics. An Inaugural Lecture. ( Cambridge: Cambridge University Press, 1973a ).
F. H. Hahn, ‘The Winter of our Discontent’, Economica, Vol. XL, No 159 (August 1973b) pp. 322–30.
R. E. Hall, ‘Turnover in the Labour Force’, Brookings Papers on Economic Activity, No 3 (1972) pp. 709–56.
G. C. Harcourt and P. Kenyon, ‘Pricing and the Investment Decision’, Kyklos, VoL 29, No Fasc. 3 (1976) pp. 449–77.
J. R. Hicks, ‘Mr Keynes’ Theory of Employment’, Economic Journal, Vol. 46, No 182 (June 1936) pp. 238–53.
J. R. Hicks, ‘Mr. Keynes and the “Classics”; A Suggested Interpretation’, Econometrica, Vol. 5, No 2 (April 1937) pp. 147–59.
J. R. Hicks, Value and Capital. An Inquiry into some Fundamental Principles of Economic Theory (Oxford: Clarendon Press, 2nd ed., 1939 ).
John Hicks, Capital and Growth ( Oxford: Clarendon Press, 1965 ).
John Hicks, A Theory of Economic History (Oxford: Clarendon Press, 1969). John Hicks, ‘Background Paper’ (mimeographed, 1973a) pp. 1–3.
John Hicks, Capital and Time. A Neo-Austrian Theory (Oxford: Clarendon Press, 1973b).
John Hicks, ‘What is Wrong with Monetarism’, Lloyds Bank Review, No 118 (October 1975a) pp. 1–13.
John Hicks, ‘Revival of Political Economy: The Old and the New’, Economic Record, Vol. 51, No 135 (September 1975b) pp. 365–7.
R. F. Kahn, ‘The Relation of Home Investment to Unemployment’, Economic Journal, Vol. XLI, No 162 (June 1931) pp. 173–98.
M. Kalecki, ‘Trend and Business Cycles Reconsidered’, Economic Journal, Vol. LXXVIII, No 310 (June 1968) pp. 263–76.
J. M. Keynes, The General Theory of Employment, Interest and Money ( London: Macmillan, 1936 ).
J. M. Keynes, The General Theory and After: Part II: Defence and Development. The Collected Writings of John Maynard Keynes, Vol. XIV (ed. by D. Moggridge) (London: Macmillan, for the Royal Economic Society, 1973 ).
T. C. Koopmans, Three Essays on the State of Economic Science ( New York: McGraw-Hill, 1957 ).
J. A. Kregel, ‘Economic Methodology in the Face of Uncertainty: The Modelling Methods. of Keynes and the Post-Keynesians’, Economic Journal Vol. 86, No 342 (June 1976) pp. 209— 25.
D. E. W. Laidler and J. M. Parkin, ‘Inflation: A Survey’, Economic Journal, Vol. 85, No 340 (December 1975) pp. 741–809.
A. Leijonhufvud, On Keynesian Economics and the Economics of Keynes: A Study in Monetary Theory ( New York and London: Oxford University Press, 1968 ).
A. Leijonhufvud, ‘Maximization and Marshall’, 1974–5 Marshall Lectures (forthcoming).
E. Malinvaud, ‘Capital Accumulation and the Efficient Allocation of Resources’, Econo-metrica, Vol. 21, No 2 (April 1953) pp. 233–68.
E. S. Phelps, et al. (eds), Microeconomic Foundations of Employment and Inflation Theory ( New York: Norton, 1970 ).
Henry Phelps Brown, ‘A Non-Monetarist View of the Pay Explosion’, Three Banks Review, No 105 (March 1975) pp. 3–24.
Joan Robinson, ‘Review of A. Leijonhufvud, On Keynesian Economics and the Economics of Keynes: A Study in Monetary Theory 1968’, Economic Journal Vol. LXXIX, No 315 (September 1969) pp. 581–3.
Joan Robinson, History versus Equilibrium (London: Thames Polytechnic, Autumn 1974 ).
Joan Robinson, ‘Letter to Editor’, Cambridge Review, Vol. 96, No 2224 (January 1975a) pp. 91–2.
Joan Robinson, ‘The Unimportance of Reswitching’, Quarterly Journal of Economics Vol. LXXXIX, No 1 (February 1975b) pp. 32–9.
M. Rothschild, ‘Models of Market Organization with Imperfect Information: A Survey’, Journal of Political Economy Vol. 81, No 6 (November/December 1973) pp. 1283–308.
P. A. Samuelson, Foundations of Economic Analysis (Cambridge, Massachusetts: Harvard University Press, 1947 ).
M. Shubik, ‘A Curmudgeon’s Guide to Microeconomics’, Journal of Economic Literature, Vol. VIII, No 2 (June 1970) pp. 405–34.
M. Shubik, ‘The General Equilibrium Model is Incomplete and Not Adequate for the Reconciliation of Micro and Macroeconomic theory’, Kyklos, Vol. 28, No 3 (1975) pp. 545–73.
P. Sraffa, Contribution to D. C. Hague, ‘The Discussion of Professor Hicks’s Paper’ in F. A. Lutz and D. C. Hague (eds) The Theory of Capital ( London: Macmillan, 1961 ) p. 305.
I. Steedman, ‘Critique of the critic’, Times Higher Educational Supplement (31 January 1975) p. i.
J. E. Stiglitz, ‘The Badly Behaved Economy with the Well-behaved Production Function’ in J. A. Mirrlees and N. H. Stern (eds), Models of Economic Growth ( London: Macmillan, 1973 ) pp. 117–37.
J. E. Stiglitz, ‘Recurrence of Techniques in a Dynamic Economy’ in J. A. Mirrlees and N. H. Stern (eds), Models of Economic Growth ( London: Macmillan, 1973 ) pp. 138–62.
T. W. Swan, ‘Economic Growth and Capital Accumulation’, Economic Record, Vol. XXXII, No 63 (November 1956) pp. 334–61.
J. Tobin, ‘Keynesian Models of Recession and Depression’, American Economic Review, Vol. LXV, No 2 (May 1975) pp. 195–202.
J. Tobin and W. Buiter, ‘Long-run Effects of Fiscal and Monetary Policy on Aggregate Demand ’ (Cowles Foundation Discussion paper No 384, December 1974 ).
A. Wood, A Theory of Profits ( London: Cambridge University Press, 1975 ).
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Copyright information
© 1977 The International Economic Association
About this chapter
Cite this chapter
Harcourt, G.C. (1977). Introduction. In: Harcourt, G.C. (eds) The Microeconomic Foundations of Macroeconomics. Other International Economic Association Publications Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-03236-5_1
Download citation
DOI: https://doi.org/10.1007/978-1-349-03236-5_1
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-03238-9
Online ISBN: 978-1-349-03236-5
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)