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Most cited

This page lists all time most cited articles for this title. Please use the publication date filters on the left if you would like to restrict this list to recently published content, for example to articles published in the last three years. The number of times each article was cited is displayed to the right of its title and can be clicked to access a list of all titles this article has been cited by.

Contents

Page 36 of 44

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  • “A TAX ON THE MANY, TO ENRICH A FEW”: JACKSONIAN DEMOCRACY VS. THE PROTECTIVE TARIFF

  • William S. Belko
  • Published online by Cambridge University Press:
    01 June 2015, pp. 277-289

  • The core concepts underlying Jacksonian Democracy—equal protection of the laws; an aversion to a moneyed aristocracy, exclusive privileges, and monopolies, and a predilection for the common man; majority rule; and the welfare of the community over the individual—have long been defined almost exclusively by the Bank War, which commenced in earnest with the election of Andrew Jackson in 1828. Yet, this same rhetoric proved far more pervasive and consistent when one considers the ardent opposition to the protective system. Opponents of the protective tariff, commencing with the Tariff of 1816 and continuing unabated to the Walker Tariff of 1846, thus contributed directly to the development of Jacksonian Democracy, and, by introducing and continually employing this language, gave to the tariff debates in the United States a unique angle that differed from the debates in Europe.

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  • ‘CANNOT BE FED ON WHEN STARVING’: AN ANALYSIS OF THE ECONOMIC THOUGHT SURROUNDING CHINA’S EARLIER USE OF PAPER MONEY

  • NIV HORESH
  • Published online by Cambridge University Press:
    30 July 2013, pp. 373-395

  • This article argues that Western impressions of the Chinese pre-modern monetary experience might have been excessively colored by Marco Polo’s favorable commentary on the stability of the Mongol polity and its dissemination of paper money. Experiments with unconvertible paper money had ultimately been no more successful in late-imperial China than they were in the early-modern West. By 1430, in fact, the Ming dynasty was forced to abandon the issuance of paper money altogether. The genesis of paper money both in China and it the West had originally emanated from private institutions. However, royally chartered banks of issue were conspicuously absent from the Chinese setting until the late nineteenth century.

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  • HES Announcements

  • James L. Cochrane
  • Published online by Cambridge University Press:
    07 January 2010, pp. 29-30
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  • An Introduction to “Anarchism, Socialism and Social Reform” by John Bates Clark

  • Robert E. Prasch
  • Published online by Cambridge University Press:
    11 June 2009, pp. 443-449

  • John Bates Clark (1847–1938) holds a secure position in the history of American economic thought. Specifically, he is remembered for developing the marginal product theory of distribution, which was presented in its most complete form in The Distribution of Wealth (1899). However, Clark's primary intellectual commitment has been largely overlooked. This was his search for the rules and institutions that would create a prosperous economy featuring a just distribution while maintaining the essential structures of competitive capitalism.

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  • DEALING WITH TIME IN ECONOMIC ANALYSIS: SOME MARSHALLIAN INSIGHTS

  • Katia Caldari
  • Published online by Cambridge University Press:
    19 December 2016, pp. 5-18

  • According to Alfred Marshall, the element of time is the most important and difficult aspect to deal with in the economic analysis. Accordingly, he has placed the concept of time at the core of his economic reasoning, and he has developed a number of analytical tools that allow including time in his analytical framework: most notably, the cœteris paribus pound, the representative firm, and the distinction between short and long periods. However, he encountered an insurmountable impasse when dealing with the real elapsing of time in his static framework: the solution proposed in his Principles of Economics remained, for him, highly unsatisfactory, problematic, and incomplete. The real elapsing of time—unavoidable in his reflections—copes very badly indeed with his analytical construction based on equilibrium. The continuity of time is the element of the Marshallian analysis most quickly criticized and rejected. After him, in the economic analysis, time gradation was rigorously divided into “short” and “long” periods, whereas Marshall’s concerns for the continuity of real time were banished from what was considered a “rigorous” analysis. The main aims of this paper are to frame Marshall’s distinction between short and long periods and to underline those aspects of his contribution that were lost or were substantially simplified in later literature.

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  • Japanese Economics from a Sociological Perspective

  • Shohken Mawatari
  • Published online by Cambridge University Press:
    11 June 2009, pp. 147-153

  • Over thirty years ago, Bronfenbrenner characterized Japanese economics in terms of “sectarianism, inbreeding and schizophrenia” (1956, p. 390). This paper explores the validity of these characterizations in relation to the contemporary Japanese scene. The main focus will be an institutional analysis of academic economics as conducted within the Japanese university system.

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  • Reply to Cottrell

  • Steven Horwitz
  • Published online by Cambridge University Press:
    11 June 2009, pp. 314-318

  • Allin Cottrell's criticisms of my paper fall into three general categories: criticisms of the paper I did not write, criticisms of the paper I claimed to write, and criticisms of the paper he thinks I was really writing. Let me try to address each of these categories, emphasizing the more substantive points he raises about the paper I claimed to write.

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  • The Social Context of Dissent: A Response to Barnett and Samuels

  • Roger Backhouse
  • Published online by Cambridge University Press:
    11 June 2009, pp. 125-126

  • In my note on dissent (2004), I emphasized that heterodoxy and dissent had to be defined socially. Given that crucial elements of the social context differ from one society to another, it follows that the meaning and significance of dissent may vary too. Barnett (2006) has pointed out a conclusion I should have drawn explicitly: that my suggestions for thinking about dissent make sense only in Western economics. In the former Soviet Union, as he points out, dissent in economics could not be understood apart from the political situation. The examples he cites illustrate some of the ways in which dissent in Soviet economics differed from that in the West, where there was no officially sanctioned orthodoxy comparable to Marxism-Leninism (or rather to what the Soviet authorities chose to call by that name) from which economists wished either safely to signal their dissent or to which they wished, despite their dissent, to be seen to adhere. We see here, it might be argued, a simple difference between two types of society.

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  • THE ECONOMISTS OF THE LOST CAUSE AND THE MONETARY EDUCATION OF JOHN R. COMMONS

  • J. Dennis Chasse
  • Published online by Cambridge University Press:
    29 April 2014, pp. 193-214

  • Wild price swings following World War I motivated some economists and their allies to start a stable money campaign. John R. Commons joined this campaign, and the story of his participation opens a window into an historical learning episode in which the campaign, though it failed, sparked intellectual efforts and interacted with events in ways that changed beliefs about relations between central bank actions, on the one hand, and unemployment, inflation, and economic growth, on the other. The paper dwells on Commons’ role and on the long learning experience that led participants to conclusions they could not have anticipated when they embarked on their campaign.

  • Cited by 1

  • THE MARXIAN WAGE THEORY AGAINST THE “ABSOLUTE IMMIZERATION” DOCTRINE

  • LAURENT BARONIAN
  • Published online by Cambridge University Press:
    21 January 2013, pp. 93-111

  • This paper provides a refutation of the “absolute immizeration” doctrine that S. Hollander attributes to Marx, by emphasizing the Marxian original categories and laws of capitalist production in order to base Marx’s opposition to this doctrine on his more profound opposition to Classics about the law of supply and demand for labor.

    The paper proceeds as follows: first, it is shown that the Marxian subsistence wage does not exclude population growth. Second, the analysis of surplus population will reveal how it is not only a condition of the business cycle, but also one of its immediate results. In this sense, the so-called theory of dual labor force, which Hollander uses to discard the role of surplus population in the decreasing real-wage trend, proves a misunderstanding of the origin and nature of the industrial reserve army.

    From the labor demand side, on the other hand, the endogeneity of technical progress precludes any “ongoing process” of increasing organic composition of capital. Finally, it will appear that categories of labor power, wages defined as the value of labor power, or laws such as decreasing necessary labor and increasing surplus labor, allow Marx to develop a law of supply and demand for labor partly unrelated to the number of workers and the evolution of population growth, which necessarily rules out any birth-rate control policy.

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Page 36 of 44