Search results for " history of economic thought"
showing 10 items of 21 documents
Another "French paradox": explaining why interest rates to microenterprises dit not increase with the change in French usury legislation
2015
Conventional wisdom indicates that the growth of credit may not materialize if credit rates remain capped by usury laws, as had long been the case in France. France therefore abolished usury ceilings on loans to microenterprise in an effort to increase financing for microentrepreneurs. This should have led to an increase in interest rates and increase in microcredit. However, we do not find any increase in interest rates and this is therefore a paradox. The paper provides a brief literature review and the salient features of the legislative changes in France. It follows this up with a presentation of interest rate movements. The discussion of possible explanations of the paradox includes cl…
Economic utopia of the Torah. Economic concepts of the Hebrew Bible interpreted according to the Rabbinical Literature
2004
Hebrew Bible offers alternative Economic utopia for building Theocratic society. In this paper, various economic concepts and themes are presented, as found in the Hebrew Bible. These economic concepts include taxation, property rights, labor market, social policy, banking, years of Sabbath and Jubilee, and business cycles. Most economic issues of the Bible are found in the texts of Torah, also known as five Books of Moses. These texts are analyzed by using classical Rabbinical commentaries for better insight. Contrary to the modern Economic theory which is based on the assumptions of scarcity of resources and unlimited needs of consumers, Economics of the Torah is based on God’s resources …
La méthodologie de l'Economie Théorique et Appliquée aujourd'hui, ouvrage édité sous la direction de J. WOLFF avec P. SALMON, B. WALLISER, A. WOLFELS…
1990
International audience
La monnaie et le crédit dans le développement pré-industriel: le cas de Marseille
2019
International audience
Le mouvement des idées monétaires dans l'Europe moderne
2014
Ce chapitre vise à fournir une vue de l'évolution des idées monétaires dans l'Europe moderne. Il s'alimente notamment des textes des auteurs du présent livre pour en dégager quelques leçons. Dans un premier temps, il discutera du sens du substantif " mercantilisme " tel qu'il a été construit depuis le milieu du dix-huitième siècle : examiner les fondements historiques de cette notion permettra d'en montrer les impasses. Il présentera, dans un second temps, une catégorisation des auteurs construite à partir de leur rapport au pouvoir.
Introduction. Les pensées monétaires dans l'Europe moderne : contexte et intentions
2014
Ce texte introduit le livre et présente ses objectifs et sa structure. Ce livre traite du déploiement des idées monétaires dans le monde européen de l'époque moderne, depuis les écrits de Nicolas Copernic (1517) jusqu'à la veille de la publication de l'ouvrage économique majeur écrit par Adam Smith (1776) . Il met l'accent sur le contexte historique dans le cadre duquel ces idées monétaires ont vu le jour. Il montre la grande variété des contextes et des idées bien au-delà des espaces, des auteurs et des thèmes généralement étudiés, en intégrant des territoires peu étudiés par les économistes, en mettant au jour des approches et des auteurs oubliés, en tentant, enfin, de restituer la riches…
Un forum pour la classe ouvrière : l'expérience de L’Atelier
2015
International audience
Monetary Plurality in Economic Theory
2018
The objective of this article is to identify the monetary plurality in economic theory. We will try to throw light on the way in which theories are attracted towards both unicity and plurality, and more specifically by unification and diversification of money. It should also be noted, in this respect, that the economics of money has undergone considerable development since the 1970s. A survey of the diverse theories, whether mainstream or not, static or dynamic, holistic or individualistic, will reveal the surprising amount of attention devoted to the problem of monetary unicity and/or plurality. We base our presentation on two lines of thought: -The first of these lines concerns a situatio…
A Brief History of Political Economy: Tales of Marx, Keynes and Hayek
2018
Le problème du réalisme des hypothèses en économie politique
2010
This is a version, slightly corrected in 2010 with regard to form, of a working paper produced in 1968. Its subject is the problem of the realism of assumptions in economics. It offers an interpretation of Milton Friedman's famous essay of 1953 in which, contrary to most discussions, Friedman's solution to the problem does make sense. Under that interpretation, Friedman does not assert that one should test the consequences of a theory but not its assumptions, that one can predict but not explain, or that individuals behave as if they were rational and firms as if they maximized profits. Such assertions do not make sense and ascribing them to Friedman makes criticism of his position much too…