Hostname: page-component-586b7cd67f-dlnhk Total loading time: 0 Render date: 2024-11-22T05:59:28.442Z Has data issue: false hasContentIssue false
  • English
  • Français

The Early Patinkin—Friedman Correspondence

Published online by Cambridge University Press:  11 June 2009

Robert Leeson
Get access Rights & Permissions [Opens in a new window]

Extract

Don Patinkin (1922-95) was a co-author of the Keynesian neoclassical synthesis, and became engaged in several important controversies. One of them involved Milton Friedman's (1956) assertion about a supposed Chicago quantity theory “oral tradition.” From 1968 until his death, Patinkin hardly seemed to miss an opportunity of denigrating what he regarded as Friedman's “invention.” This controversy was taken to the 1970 American Economic Association (AEA) meeting by Harry Johnson (1971), and divided at least two economics departments, Chicago and the University of Western Ontario, where Patinkin and Johnson were frequent visitors, and where two influential monetarists, David Laidler and Michael Parkin, had migrated from Britain (Parkin, 1986; Patinkin, 1986).

Type
Article
Information
Journal of the History of Economic Thought , Volume 20 , Issue 4 , December 1998 , pp. 433 - 448
Copyright
Copyright © Cambridge University Press 1998

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

REFERENCES

Archibald, C. and Lipsey, R.. 1958. “Monetary and Value Theory: A Critique of Lange and Patinkin,” Review of Economic Studies, 26, 1–22.CrossRefGoogle Scholar
Archibald, C. and Lipsey, R.. 1960–61. “Monetary and Value Theory: Further Comment,” Review of Economic Studies, 28, 50–56.CrossRefGoogle Scholar
Armstrong, K. 1997. A History of Jerusalem, Harper Collins, London.Google Scholar
Arnon, J. 1974. “The Economist's Task in Government,” in Halevi, N. and Kupps, Y., eds., Issues in the Economy of Israel, Falk Institute, Jerusalem.Google Scholar
Barkai, H. 1993. “Don Patinkin's Contribution to Economics in Israel,” in Barkai, et al., ed., 1993.Google Scholar
Barkai, H., Fischer, S. and Liviatan, N., eds. 1993. Monetary Theory and Thought: Essays in Honour of Don Patinkin, Macmillan, London.CrossRefGoogle Scholar
Bullock, A. 1985. Ernest Bevin, Foreign Secretary, Oxford University Press, Oxford.Google Scholar
Crossman, R. 1946. Palestine Mission, Hamish Hamilton, London.Google Scholar
Debreu, G. 1991. “Mathematical Economics at Cowles,” in Arrow, K. J., Debreu, G., Malinvaud, E. and Solow, R., eds., Cowles Fiftieth Anniversary: Four Essays and an Index of Publications, Cowles, Yale University Printing.Google Scholar
Donovan, R. J. 1967. Israel's Fight for Survival, Signet, New York.Google Scholar
Easterlin, R. 1961. “Israel's Development, Past Accomplishments and Future Problems,” Quarterly Journal of Economics, 75, 63–86.CrossRefGoogle Scholar
Editorial Note. 1960–61. Review of Economic Studies, 28, 29.Google Scholar
Epstein, R. 1987. A History of Econometrics, North Holland, Amsterdam.Google Scholar
Friedman, M. 1948. “A Monetary and Fiscal Framework for Economic Stability,” American Economic Review, 38, 245–64.Google Scholar
Friedman, M. 1949a. “The Marshallian Demand Curve,” Journal of Political Economy, 57, 12, 463–95.CrossRefGoogle Scholar
Friedman, M. 1949b. “Rejoinder,” American Economic Review, 39, 949–55.Google Scholar
Friedman, M. 1953. Essays in Positive Economics, University of Chicago Press, Chicago.Google Scholar
Friedman, M. ed. 1956. Studies in the Quantity Theory of Money, University of Chicago Press, Chicago.Google Scholar
Friedman, M. 1968a. The Role of Monetary Policy, American Economic Review, 58, 05, 1–17.Google Scholar
Friedman, M. 1968b. “Money: Quantity Theory,” in International Encyclopedia of the Social Sciences, 9, 432–47.Google Scholar
Friedman, M. 1969. “Invisible Occupation,” Newsweek, May 5, 44.Google Scholar
Friedman, M. 1972. Money and Economic Development, Praeger, New York.Google Scholar
Friedman, M. 1974. “A Theoretical Framework for Monetary Analysis,” and “Comments on the Critics,” in Gordon, R. J., ed., Milton Friedman's Monetary Framework: A Debate with his Critics, University of Chicago Press, Chicago.Google Scholar
Friedman, M. 1992. Money Mischief: Episodes in Monetary History, Harcourt Brace Jovanovich, New York.Google Scholar
Friedman, M. 1996. “Review of Groenewegen's A Soaring Eagle: Alfred Marshall 1842–1924,” Journal of Economic Literature, 12, 1989–91.Google Scholar
Friedman, R. 1976a. “Milton Friedman: Husband and Colleague (6),” Oriental Economist, 10, 22–26.Google Scholar
Friedman, R. 1976b. “Milton Friedman: Husband and Colleague (8),” Oriental Economist, 12, 26–33.Google Scholar
Friedman, R. 1977. “Milton Friedman: Husband and Colleague (9),” Oriental Economist, 01, 24–32.Google Scholar
Hahn, F. 1960–61. “The Patinkin Controversy,” Review of Economic Studies, 28, 37–43.CrossRefGoogle Scholar
Halevi, N. 1969. “Economic Policy Discussion and Research in Israel,” American Economic Review, 59, 75–118.Google Scholar
Halevi, N. 1979. “The Exchange Rate in Israel,” Revue Economique, 1, 01, 10–30.Google Scholar
Halevi, N. and Klinov-Malul, R.. 1968. The Economic Development of Israel, Praeger, New York.Google Scholar
Hickman, W. B. 1950. “The Indeterminacy of Absolute Prices in Classical Economic Theory,” Econometrica, 18, 01, 9–20.CrossRefGoogle Scholar
Hicks, J. R. 1957. “A Rehabilitation of ‘Classical’ Economics,” Economic Journal, 67, 278–89.CrossRefGoogle Scholar
Johnson, H. G. 1971. “The Keynesian Revolution and the Monetarist Counter-Revolution,” American Economic Review, 61, 05, 91–106.Google Scholar
Jungk, R. 1970. Brighter than a Thousands Suns, Pelican, London.Google Scholar
Kleiman, E. 1973. “An Early Modern Hebrew Textbook of Economics,” History of Political Economy, 5, 339–58.CrossRefGoogle Scholar
Kleiman, E. 1981. “Israel: Economists in a New State,” in Coats, A. W., ed., Economists in Government: An International Comparative Study, Duke University Press, Durham.Google Scholar
Kochav, D. 1974. “The Economist's Task in Government,” in Halevi, N. and Kupps, Y., eds., Issues in the Economy of Israel, Falk Institute, Jerusalem.Google Scholar
Laidler, D. 1980. “Monetarism: An Interpretation and an Assessment,” Economic Journal, 91, 03, 1–28.CrossRefGoogle Scholar
Leeson, R. 1998. “Patinkin, Johnson and ‘The Shadow of Friedman’,” mimeo work-in-progress.Google Scholar
Leontief, W. 1950. “The Consistency of the Classical Theory of Money and Prices,” Econometrica, 18, 01, 21–24.CrossRefGoogle Scholar
Lerner, A. P. and Ben-Shahar, H.. 1975. The Economics of Efficiency and Growth: Lessons from Israel and the West Bank, Ballinger, Cambridge, MA.Google Scholar
Lester, R. 1947. “Marginalism, Minimum Wages and Labor Markets,” American Economic Review, 03, 135–48.Google Scholar
Lucas, R. E. 1980. “Methods and Problems in Business Cycle Theory,” Journal of Money Credit and Banking, 12, 11, 696–715.CrossRefGoogle Scholar
Machlup, F. 1947. “Rejoinder to an Antimarginalist,” American Economic Review, 03, 148–54.Google Scholar
Moggridge, D. 1992. Maynard Keynes: An Economist's Biography, Routledge, London.CrossRefGoogle Scholar
Neff, P. 1949a. “Professor Friedman's Proposal: A Comment,” American Economic Review, 39, 946–49.Google Scholar
Neff, P. 1949b. “Final Comment,” American Economic Review, 39, 955–56.Google Scholar
Parkin, M. 1986. “Essays On and In the Chicago Tradition: A Review Essay,” Journal of Money Credit and Banking, 18, 02, 104–116.CrossRefGoogle Scholar
Patinkin, D. 1949. “The Indeterminacy of Absolute Prices in Classical Economic Theory,” Econometrica, 17, 01, 1–27.CrossRefGoogle Scholar
Patinkin, D. 1956a. “Money and Price Developments in Israel: 1949–53,” in Bachi, R., ed., Scripta Hierosolymitana: Studies in Economic and Social Science, 3, Magnes Press, Hebrew University, Jerusalem, 22–52.Google Scholar
Patinkin, D. 1956b. Money, Interest and Prices: An Integration of Monetary and Value Theory, Row Peterson, Evanston.Google Scholar
Patinkin, D. 1960. The Israel Economy: The First Decade, Jerusalem Post Press, Jerusalem. Patinkin, D. 1972. “Samuelson on the Neoclassical Dichotomy,” Canadian Journal of Economics, 5, 05, 279–83.Google Scholar
Patinkin, D. 1974. “Economic Research in Israel,” in Halevi, N. and Kupps, Y., ed., Issues in the Economy of Israel, Falk Institute, Jerusalem.Google Scholar
Patinkin, D. 1981. Essays in and in the Chicago Tradition, Duke University Press, Durham.Google Scholar
Patinkin, D. 1986. “A Reply,” Journal of Money Credit and Banking, 18, 02, 116–21.CrossRefGoogle Scholar
Patinkin, D. 1993. “Israel's Stabilization Program of 1985, or Some Simple Truths of Monetary Theory,” Economic Perspectives, Spring, 103–28.CrossRefGoogle Scholar
Phipps, C. G. 1950. “A Note on Patinkin's ‘Relative Prices’,” Econometrica, January, 18, 25–26.CrossRefGoogle Scholar
Pomphret, R. 1976. Trade Policies and Industrialisation in a Small Country: The Case of Israel, University of Keil, Lubingen.Google Scholar
Rubner, A. 1960. The Economy of Israel: A Critical Account of the First Ten Years, Cass, London.Google Scholar
Solberg, W. U. and Tomlinson, R. W.. 1997. “Academic McCarthyism and Keynesian Economics: The Bowen Controversy at the University of Illinois,” History of Political Economy, 29, Spring, 55–81.CrossRefGoogle Scholar
Stigler, G. 1947. “Professor Lester and the Marginalists,” American Economic Review, 03, 154–57.Google Scholar