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).


General Equilibrium Economic Journal Aggregate Demand Effective Demand General Equilibrium Theory 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.


  1. K. J. Arrow and F. H. Hahn, General Competitive Analysis (San Francisco: Holden-Day; Edinburgh: Oliver & Boyd, 1971 ).Google Scholar
  2. A. Asimakopulos, ‘A Kaleckian Theory of Income Distribution’, Canadian Journal of Economics, Vol. 8, No 3 (August 1975) pp. 313–33.CrossRefGoogle Scholar
  3. C. J. Bliss, ‘Capital Theory in the Short-run’ (Buffalo, mimeographed, 1974 ).Google Scholar
  4. 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).Google Scholar
  5. R. Clower, ‘Reflections on the Keynesian Perplex’, Zeitschrift far Nationalokonomie, VoL 35, Parts 1–2 (1975) pp. 1–24.Google Scholar
  6. 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.Google Scholar
  7. 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.CrossRefGoogle Scholar
  8. A. S. Eichner, ‘Determination of the Mark-up under Oligopoly: A Reply’, EconomicJournal Vol. 84, No 346 (December 1974) pp. 974–80.CrossRefGoogle Scholar
  9. 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.CrossRefGoogle Scholar
  10. A. S. Eichner, The Megacorp and Oligopoly (Cambridge: Cambridge University Press, 1976 ).CrossRefGoogle Scholar
  11. G. R. Fiewel, The Intellectual Capital of Michal Kaleéki: A Study in Economic Theory and Policy ( Knoxville: University of Tennessee Press, 1975 ).Google Scholar
  12. S. Fischer, ‘Recent Developments in Monetary Theory’, American Economic Review, Vol. LXV, No 2 (May 1975) pp. 157–66.Google Scholar
  13. L. Gallaway and V. Shukla, ‘The Neoclassical Production Function’, American Economic Review, VoL LXIV, No 3 (June 1974) pp. 348–58.Google Scholar
  14. 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.Google Scholar
  15. P. Garegnani, ‘A Reply’, Review of Economic Studies, Vol. XXXVII (3), No 111 (July 1970b) p. 439.Google Scholar
  16. P. Garegnani, ‘Summary of the Final Discussion’ in J. A. Mirrlees and N. H. Stern (eds.), Models of Economic Growth ( London: Macmillan, 1973 ).Google Scholar
  17. 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.Google Scholar
  18. W. Godley and W. D. Nordhaus, ‘Pricing in the Trade Cycle’, Economic Journal, Vol. 82, No 327 (September 1972) pp. 853–82.CrossRefGoogle Scholar
  19. C. A. E. Goodhart, Money, Information and Uncertainty ( London: Macmillan, 1975 ).Google Scholar
  20. H. A. J. Green, Aggregation in Economic Analysis: An Introductory Survey (Princeton University Press, 1964 ).Google Scholar
  21. J. R. Green and M. Majumbar, ‘The Nature and Existence of Stochastic Equilibria’ (Unpublished paper, 1972 ).Google Scholar
  22. F. H. Hahn, On the Notion of Equilibrium in Economics. An Inaugural Lecture. ( Cambridge: Cambridge University Press, 1973a ).Google Scholar
  23. F. H. Hahn, ‘The Winter of our Discontent’, Economica, Vol. XL, No 159 (August 1973b) pp. 322–30.Google Scholar
  24. R. E. Hall, ‘Turnover in the Labour Force’, Brookings Papers on Economic Activity, No 3 (1972) pp. 709–56.Google Scholar
  25. G. C. Harcourt and P. Kenyon, ‘Pricing and the Investment Decision’, Kyklos, VoL 29, No Fasc. 3 (1976) pp. 449–77.Google Scholar
  26. J. R. Hicks, ‘Mr Keynes’ Theory of Employment’, Economic Journal, Vol. 46, No 182 (June 1936) pp. 238–53.CrossRefGoogle Scholar
  27. J. R. Hicks, ‘Mr. Keynes and the “Classics”; A Suggested Interpretation’, Econometrica, Vol. 5, No 2 (April 1937) pp. 147–59.CrossRefGoogle Scholar
  28. J. R. Hicks, Value and Capital. An Inquiry into some Fundamental Principles of Economic Theory (Oxford: Clarendon Press, 2nd ed., 1939 ).Google Scholar
  29. John Hicks, Capital and Growth ( Oxford: Clarendon Press, 1965 ).Google Scholar
  30. John Hicks, A Theory of Economic History (Oxford: Clarendon Press, 1969). John Hicks, ‘Background Paper’ (mimeographed, 1973a) pp. 1–3.Google Scholar
  31. John Hicks, Capital and Time. A Neo-Austrian Theory (Oxford: Clarendon Press, 1973b).Google Scholar
  32. John Hicks, ‘What is Wrong with Monetarism’, Lloyds Bank Review, No 118 (October 1975a) pp. 1–13.Google Scholar
  33. John Hicks, ‘Revival of Political Economy: The Old and the New’, Economic Record, Vol. 51, No 135 (September 1975b) pp. 365–7.CrossRefGoogle Scholar
  34. R. F. Kahn, ‘The Relation of Home Investment to Unemployment’, Economic Journal, Vol. XLI, No 162 (June 1931) pp. 173–98.Google Scholar
  35. M. Kalecki, ‘Trend and Business Cycles Reconsidered’, Economic Journal, Vol. LXXVIII, No 310 (June 1968) pp. 263–76.Google Scholar
  36. J. M. Keynes, The General Theory of Employment, Interest and Money ( London: Macmillan, 1936 ).Google Scholar
  37. 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 ).Google Scholar
  38. T. C. Koopmans, Three Essays on the State of Economic Science ( New York: McGraw-Hill, 1957 ).Google Scholar
  39. 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.CrossRefGoogle Scholar
  40. D. E. W. Laidler and J. M. Parkin, ‘Inflation: A Survey’, Economic Journal, Vol. 85, No 340 (December 1975) pp. 741–809.CrossRefGoogle Scholar
  41. A. Leijonhufvud, On Keynesian Economics and the Economics of Keynes: A Study in Monetary Theory ( New York and London: Oxford University Press, 1968 ).Google Scholar
  42. A. Leijonhufvud, ‘Maximization and Marshall’, 1974–5 Marshall Lectures (forthcoming).Google Scholar
  43. E. Malinvaud, ‘Capital Accumulation and the Efficient Allocation of Resources’, Econo-metrica, Vol. 21, No 2 (April 1953) pp. 233–68.CrossRefGoogle Scholar
  44. E. S. Phelps, et al. (eds), Microeconomic Foundations of Employment and Inflation Theory ( New York: Norton, 1970 ).Google Scholar
  45. Henry Phelps Brown, ‘A Non-Monetarist View of the Pay Explosion’, Three Banks Review, No 105 (March 1975) pp. 3–24.Google Scholar
  46. 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.CrossRefGoogle Scholar
  47. Joan Robinson, History versus Equilibrium (London: Thames Polytechnic, Autumn 1974 ).Google Scholar
  48. Joan Robinson, ‘Letter to Editor’, Cambridge Review, Vol. 96, No 2224 (January 1975a) pp. 91–2.Google Scholar
  49. Joan Robinson, ‘The Unimportance of Reswitching’, Quarterly Journal of Economics Vol. LXXXIX, No 1 (February 1975b) pp. 32–9.CrossRefGoogle Scholar
  50. 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.Google Scholar
  51. P. A. Samuelson, Foundations of Economic Analysis (Cambridge, Massachusetts: Harvard University Press, 1947 ).Google Scholar
  52. M. Shubik, ‘A Curmudgeon’s Guide to Microeconomics’, Journal of Economic Literature, Vol. VIII, No 2 (June 1970) pp. 405–34.Google Scholar
  53. 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.CrossRefGoogle Scholar
  54. 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.Google Scholar
  55. I. Steedman, ‘Critique of the critic’, Times Higher Educational Supplement (31 January 1975) p. i.Google Scholar
  56. 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.Google Scholar
  57. 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.Google Scholar
  58. T. W. Swan, ‘Economic Growth and Capital Accumulation’, Economic Record, Vol. XXXII, No 63 (November 1956) pp. 334–61.Google Scholar
  59. J. Tobin, ‘Keynesian Models of Recession and Depression’, American Economic Review, Vol. LXV, No 2 (May 1975) pp. 195–202.Google Scholar
  60. J. Tobin and W. Buiter, ‘Long-run Effects of Fiscal and Monetary Policy on Aggregate Demand ’ (Cowles Foundation Discussion paper No 384, December 1974 ).Google Scholar
  61. A. Wood, A Theory of Profits ( London: Cambridge University Press, 1975 ).Google Scholar

Copyright information

© The International Economic Association 1977

Authors and Affiliations

  • G. C. Harcourt
    • 1
  1. 1.University of AdelaideAustralia

Personalised recommendations