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The Changing Visions of Economics

Debra Satz

in Why Some Things Should Not Be for Sale: The Moral Limits of Markets

Published in print:
2010
Published Online:
September 2010
ISBN:
9780195311594
eISBN:
9780199870714
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195311594.003.0002
Subject:
Philosophy, Political Philosophy

The view of the market as a homogeneous mechanism operating across different types of exchanges is distinctly modern. The classical political economists. especially Adam Smith, David Ricardo, and ... More


Introduction

Robert C. Allen, Tommy Bengtsson, and Martin Dribe

in Living Standards in the Past: New Perspectives on Well-Being in Asia and Europe

Published in print:
2005
Published Online:
July 2005
ISBN:
9780199280681
eISBN:
9780191602467
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199280681.003.0001
Subject:
Economics and Finance, Economic History

In the introduction, different contributions are brought together in an analysis of pre-industrial living standards in East and West, viewed in the light of the general debate on these issues from ... More


Discipline for the Unemployed; Laissez-Faire for Business (1873–1920)

Frank Stricker

in American Unemployment: Past, Present, and Future

Published in print:
2020
Published Online:
January 2021
ISBN:
9780252043154
eISBN:
9780252052033
Item type:
chapter
Publisher:
University of Illinois Press
DOI:
10.5622/illinois/9780252043154.003.0002
Subject:
Sociology, Occupations, Professions, and Work

There was virtually no federal spending to counteract five major depressions or substantial unemployment in between. Unemployed people received almost no public or private assistance, and they were ... More


Theories of Value, Output, and Employment

John Eatwell and Murray Milgate

in The Fall and Rise of Keynesian Economics

Published in print:
2011
Published Online:
April 2015
ISBN:
9780199777693
eISBN:
9780190261344
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:osobl/9780199777693.003.0010
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter examines alternative theories of the determination of the general level of output in light of theories of value with which they are associated. It interprets the Keynesian analysis ... More


A Brief History of Working Hours

John H. Pencavel

in Diminishing Returns at Work: The Consequences of Long Working Hours

Published in print:
2018
Published Online:
June 2018
ISBN:
9780190876166
eISBN:
9780190876197
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780190876166.003.0002
Subject:
Economics and Finance, Microeconomics, Economic History

Why did the length of the work day and work week decline in the nineteenth and early twentieth centuries? In this chapter, the author explores possible explanations for these declines, contrasting ... More


The Long and Baleful Shadow of Thomas Robert Malthus

Charles S. Pearson

in On the Cusp: From Population Boom to Bust

Published in print:
2015
Published Online:
August 2015
ISBN:
9780190223915
eISBN:
9780190223946
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780190223915.003.0002
Subject:
Economics and Finance, Development, Growth, and Environmental

Malthusian population theory proved spectacularly influential and spectacularly wrong. Why? This chapter dissects his theory and its errors. In short, he underestimated productivity in agriculture ... More


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