Hostname: page-component-78c5997874-s2hrs Total loading time: 0 Render date: 2024-11-19T06:18:32.214Z Has data issue: false hasContentIssue false
  • English
  • Français

THE INSTITUTIONALIST REACTION TO KEYNESIAN ECONOMICS

Published online by Cambridge University Press:  01 March 2008

MALCOLM RUTHERFORD  and
C. TYLER DESROCHES
Get access Rights & Permissions [Opens in a new window]

Abstract

An abstract is not available for this content so a preview has been provided. Please use the Get access link above for information on how to access this content.
Image of the first page of this content. For PDF version, please use the ‘Save PDF’ preceeding this image.'
Type
Articles
Information
Journal of the History of Economic Thought , Volume 30 , Issue 1 , March 2008 , pp. 29 - 48
Copyright
Copyright © The History of Economics Society 2008

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

Alchon, Guy. 1985. The Invisible Hand of Planning. Princeton, NJ: Princeton University Press.CrossRefGoogle Scholar
Ayres, Clarence. 1938. The Problem of Economic Order. New York: Farrar and Rinehart.Google Scholar
Ayres, Clarence. 1966. “Guaranteed Income: An Institutionalist View.” In Theobald, Robert, ed., The Guaranteed Income. New York: Doubleday, pp. 161–74.Google Scholar
Balisciano, Marcia. 1998. “Hope for America: American Notions of Economic Planning Between Pluralism and Neoclassicism, 1930-1950.” In Morgan, Mary S. and Rutherford, Malcolm, eds., From Interwar Pluralism to Postwar Neoclassicism, Annual Supplement to Volume 30, History of Political Economy. Durham NC: Duke University Press, pp. 153–78.Google Scholar
Barber, William J. 1985. From New Era to New Deal. New York: Cambridge University Press.Google Scholar
Barber, William J. 1987. “The Career of Alvin H. Hansen in the 1920s and 1930s: A Study in Intellectual Transformation.” History of Political Economy 19 (Summer): 191–205.CrossRefGoogle Scholar
Barber, William J. 1996. Designs within Disorder. New York: Cambridge University Press.CrossRefGoogle Scholar
Brazelton, Robert. 1997. “The Economics of Leon Hirsch Keyserling.” The Journal of Economic Perspectives 11 (Autumn): 189–97.CrossRefGoogle Scholar
Burns, Arthur F. 1936. “The Brookings Inquiry into Income Distribution and Progress.” Quarterly Journal of Economics 50 (May): 476–523.CrossRefGoogle Scholar
Burns, Arthur F. 1946. Economic Research and the Keynesian thinking of Our Times, 26th Annual Report, National Bureau of Economic Research. New York: NBER.Google Scholar
Burns, Arthur F. 1947. “Keynesian Economics Once Again.” Review of Economics and Statistics 29 (November): 252–67.CrossRefGoogle Scholar
Burns, Arthur F. 1952. “Hicks and the Real Cycle.” Journal of Political Economy 60 (February): 1–24.CrossRefGoogle Scholar
Burns, Arthur F. 1953. The Instability of Consumer Spending, 32nd Annual Report, National Bureau of Economic Research. New York: NBER.Google Scholar
Chase, Stuart. 1925. The Tragedy of Waste. New York: Macmillan.Google Scholar
Clark, John M. 1934. Strategic Factors in Business Cycles. New York: NBER.Google Scholar
Clark, John M. 1935a. “Cumulative Effects of Aggregate Spending As Illustrated by Public Works.” American Economic Review 25 (March): 14–20.Google Scholar
Clark, John M. 1935b. Economics of Planning Public Works. New York: Sentry Press.Google Scholar
Clark, John M. 1942. “The Theoretical Issues.” American Economic Review 32 (March): 1–12.Google Scholar
Clark, J. M., et al. 1949. National and International Measures for Full Employment. Lake Success, NY: United Nations.Google Scholar
Commons, John R. 1934. Institutional Economics. New York: Macmillan.Google Scholar
Commons, John R. 1937. “Capacity to Produce, Capacity to Consume, Capacity to Pay Debts.” American Economic Review 27 (December): 680–97.Google Scholar
Copeland, Morris A. 1944. “How Achieve Full and Stable Employment.” American Economic Review 34 (March): 134–47.Google Scholar
Copeland, Morris A. 1951. “Institutional Economics and Model Analysis.” American Economic Review 41 (May): 56–65.Google Scholar
Copeland, Morris A. 1952. The Keynesian Reformation: Three Lectures. Delhi: Delhi School of Economics.Google Scholar
Copeland, Morris A. 1966. Toward Full Employment in our Free Enterprise Economy. New York: Fordham University Press.Google Scholar
Dimand, Robert W. 2002. “John Maurice Clark's Contribution to the Genesis of the Multiplier Analysis: A Response to Luca Fiorito.” History of Economic Ideas 10 (1): 85–91.Google Scholar
Douglas, Paul. 1935. Controlling Depressions. New York: Norton.Google Scholar
Douglas, Paul. 1936. Social Security in the United States. New York: McGraw Hill.Google Scholar
Edwards, George W., Moulton, Harold G., Lewis, Celona, and Magee, James D.. 1940. Capital Expansion, Employment, and Economic Stability. Washington, DC: Brookings Institution.Google Scholar
Epstein, Abraham. 1936. Insecurity: A Challenge to America. New York: Random House.Google Scholar
Ezekiel, Mordecai. 1936. $2,500 A Year. New York: Harcourt, Brace.Google Scholar
Ezekiel, Mordecai. 1937. “An Annual Estimate of Savings by Individuals.” Review of Economic Statistics 19 (November): 178–91.CrossRefGoogle Scholar
Ezekiel, Mordecai. 1939a. Jobs for All. New York: Alfred A. Knoff.Google Scholar
Ezekiel, Mordecai. 1939b. “Keynes versus Chamberlin,” Report of the Fifth Annual Conference on Economics and Statistics. Colorado Springs: Cowles Commission for Research in Economics, pp. 54–57.Google Scholar
Ezekiel, Mordecai. 1942. “Statistical Investigations of Saving, Consumption, and Investment, Parts I and II.” American Economic Review 32 (March): 22–49, (June): 272–307.Google Scholar
Ezekiel, Mordecai. 1957. Reminiscences of Mordecai Ezekiel. Columbia University Oral History Research Office Collection.Google Scholar
Fiorito, Luca. 2001. “John Maurice Clark's Contribution to the Genesis of the Multiplier Analysis (With Some Unpublished Correspondence).” History of Economic Ideas 9 (1): 7–37.Google Scholar
Friedman, Milton. 1945. Incomes from Independent Professional Practice (with Simon Kuznets). New York: NBER.Google Scholar
Friedman, Milton. 1957. A Theory of the Consumption Function. Princeton NJ: Princeton University Press.Google Scholar
Galbraith, John Kenneth. 1952. A Theory of Price Control. Cambridge, MA: Harvard University Press.Google Scholar
Gruchy, Allan. 1950. “Keynes and the Institutionalists: Some Similarities,” and “Keynes and the Institutionalists: Important Contrasts.” In Lawrence Christensen, C., ed., Economic Theory in Review. Bloomington: Indiana University Press, pp. 96–126.Google Scholar
Hansen, Alvin. 1947. “Two Interpretations of Keynesian Economics: Dr. Burns on Keynesian Economics.” Review of Economics and Statistics 29 (November): 247–52.CrossRefGoogle Scholar
Hawley, Ellis W. 1966. The New Deal and the Problem of Monopoly. Princeton NJ: Princeton University Press.Google Scholar
Hodgson, Geoffrey M. 2004. The Evolution of Institutional Economics. London: Routledge.Google Scholar
Keynes, John M. 1936. The General Theory of Employment, Interest and Money. London: Macmillan.Google Scholar
Keynes, John M. 1941. “Letter to J. M. Clark.” In Moggridge, Donald, ed., The Collected Writings of John Maynard Keynes, Vol. XXIII. London: Macmillan, pp. 192–93.Google Scholar
Keyserling, Leon H. 1972. “The Keynesian Revolution and its Pioneers—Discussion.” American Economic Review 62 (1/2): 134–38.Google Scholar
Knapp, Joseph G. 1979. Edwin G. Nourse: Economist for the People. Danville: Interstate Printers and Publishers.Google Scholar
Koopmans, Tjalling C. 1947. “Measurement without Theory.” Review of Economic Statistics 29 (August): 161–72.Google Scholar
Kuznets, Simon. 1936. “Review of The Formation of Capital by Harold G. Moulton and Income and Economic Progress by Harold G. Moulton.” Political Science Quarterly 51 (June): 300–306.Google Scholar
Kuznets, Simon. 1942. Uses of National Income in Peace and War. New York: NBER.Google Scholar
Laidler, David. 1999. Fabricating the Keynesian Revolution: Studies of the Inter-war Literature on Money, the Cycle, and Unemployment. Cambridge: Cambridge University Press.Google Scholar
Lee, Frederic S. 1990. “From Multi-Industry Planning to Keynesian Planning: Gardiner Means, the American Keynesians, and National Economic Planning at the National Resources Committee.” Journal of Policy History 2 (2): 186–212.CrossRefGoogle Scholar
Lee, Frederic S. 1997. “Philanthropic Foundations and the Rehabilitation of Big Business, 1934-1977: A Case Study of Directed Economic Research.” Research in the History of Economic Thought and Methodology 15: 51–90.Google Scholar
Lee, Frederic S. and Samuels, Warren J., eds. 1992. The Heterodox Economics of Gardiner C. Means: A Collection. Armonk, NY: M. E. Sharpe.Google Scholar
Leeson, Robert. 1997. “The Eclipse of the Goal of Zero Inflation.” History of Political Economy 29 (Fall): 445–96.Google Scholar
Leven, Maurice, Moulton, Harold, and Warburton, Clark. 1934. America's Capacity to Consume. Washington, DC: Brookings Institution.Google Scholar
Means, Gardiner C. 1935. “Industrial Prices and their Relative Inflexibility.” Senate Document 13, 74th Congress, 1st Session. Washington, DC: US Govt. Printing Office.Google Scholar
Means, Gardiner C. 1939. The Structure of the American Economy: Part I, Basic Characteristics. Washington, DC: National Resources Committee.Google Scholar
Mehrling, Perry G. 1997. The Money Interest and the Public Interest. Cambridge, MA: Harvard University Press.Google Scholar
Mills, Frederick C. 1927. The Behavior of Prices. New York: NBER.Google Scholar
Mills, Frederick C. 1929. “Price Movements and Related Industrial Changes.” In Recent Economic Changes, Report of the Committee on Recent Economic Changes of the President's Conference on Unemployment. New York: NBER.Google Scholar
Mills, Frederick C. 1936. Prices in Recession and Recovery. New York: NBER.Google Scholar
Mitchell, Wesley C. 1913. Business Cycles. Berkeley: University of California Press.Google Scholar
Mitchell, Wesley C. 1927. Business Cycles: The Problem and its Setting. New York: NBER.Google Scholar
Mitchell, Wesley C. 1969. Types of Economic Theory Vol. 2. New York: Kelley.Google Scholar
Moulton, Harold G. 1935a. The Formation of Capital. Washington, DC: Brookings Institution.Google Scholar
Moulton, Harold G. 1935b. Income and Economic Progress. Washington, DC: Brookings Institution.Google Scholar
Moulton, Harold G. 1943. The New Philosophy of Public Debt. Washington, DC: Brookings Institution.Google Scholar
Moulton, Harold G. 1949. Controlling Factors in Economic Development. Washington, DC: Brookings Institution.Google Scholar
Myrdal, Gunnar. 1972. Against the Stream: Critical Essays in Economics. New York: Pantheon Books.Google Scholar
Nourse, Edwin G. and Associates. 1934. America's Capacity to Produce. Washington, DC: Brookings Institution.Google Scholar
Nourse, Edwin G. 1944. Price Making in a Democracy. Washington, DC: Brookings Institution.Google Scholar
Report of the Columbia University Committee. 1934. Economic Reconstruction. New York: Columbia University Press.Google Scholar
Ross, Dorothy. 1991. The Origins of American Social Science. Cambridge: Cambridge University Press.Google Scholar
Rutherford, Malcolm. 1994. “J. A. Hobson and American Institutionalism: Underconsumption and Technological Change.” In Pheby, John, ed., J. A. Hobson After Fifty Years. London: Macmillan, pp. 188–210.Google Scholar
Rutherford, Malcolm. 2002. “Morris A. Copeland: A Case Study in the History of Institutional Economics.” Journal of the History of Economic Thought 24 (September): 261–90.CrossRefGoogle Scholar
Rutherford, Malcolm. 2003a. “On The Economic Frontier: Walton Hamilton, Institutional Economics and Education.” History of Political Economy 35 (Winter): 611–53.Google Scholar
Rutherford, Malcolm. 2003b. “American Institutionalism in the Interwar Period.” In Samuels, Warren, Davis, John, and Biddle, Jeff, eds., A Companion to the History of Economic Thought. Oxford: Blackwell, pp. 360–76.CrossRefGoogle Scholar
Rutherford, Malcolm. 2004. “Institutional Economics: The Term and its Meanings.” Research in the History of Economic Thought and Methodology 22A: 179–84.Google Scholar
Rutherford, Malcolm. 2005a. “‘Who's Afraid of Arthur Burns?’ The NBER and the Foundations.” Journal of the History of Economic Thought 27 (June): 109–39.Google Scholar
Rutherford, Malcolm. 2005b. “Walton Hamilton and the Public Control of Business.” In Medema, Steven G. and Boettke, Peter, eds., The Role of Government in the History of Economic Thought, Annual Supplement to Volume 37, History of Political Economy. Durham, NC: Duke University Press, pp. 234–73.Google Scholar
Shute, Laurence. 1997. John Maurice Clark. New York: St. Martin's Press.Google Scholar
Stapleford, Thomas A. 2006. “Market Visions: Liberal Reform and the Study of Consumption in the New Deal.” Mimeo.Google Scholar
Slichter, Sumner H. 1934. “The Economics of Public Works.” American Economic Review 24 (March): 174–85.Google Scholar
Slichter, Sumner H. 1937. “Safeguards Against Depression: An Analysis of Depression Cures.” In Potentials of the American Economy: Selected Essays of Sumner H. Slichter. Cambridge, MA: Harvard University Press, 1961, pp. 72–82.Google Scholar
Slichter, Sumner H. 1961. Potentials of the American Economy: Selected Essays of Sumner H. Slichter. Cambridge, MA: Harvard University Press.Google Scholar
Tugwell, Rexford G. 1927. Industry's Coming of Age. New York: Harcourt, Brace.Google Scholar
Tugwell, Rexford G. 1931. “The Theory of Occupational Obsolescence.” Political Science Quarterly 46 (June): 171–227.Google Scholar
Tugwell, Rexford G. 1932. “The Principle of Planning and the Institutional of Laissez Faire.” American Economic Review 22 (March): 75–92.Google Scholar
Tugwell, Rexford G. 1935. “When Corporations Save.” In The Battle for Democracy. New York: Columbia University Press, pp. 187–92.CrossRefGoogle Scholar
Terborgh, George W. 1945. The Bogey of Economic Maturity. Chicago: Machinery and Allied Products Institute.Google Scholar
Veblen, Thorstein. 1904. The Theory of Business Enterprise. New York: Macmillan.Google Scholar
Veblen, Thorstein. 1921. The Engineers and the Price System. New York: Huebsch.Google Scholar
Vining, Routledge. 1939. “Suggestions of Keynes in the Writings of Veblen.” Journal of Political Economy 47 (October): 692–704.Google Scholar
Wells, Wyatt C. 1994. Economist in an Uncertain World: Arthur F. Burns and the Federal Reserve, 1970-78. New York: Columbia University Press.Google Scholar
Witte, Edwin E. 1937. “Old Age Security in the Social Security Act.” Journal of Political Economy 45 (February): 1–44.Google Scholar
Wright, David McCord. 1943. “Moulton's The New Philosophy of Public Debt.” American Economic Review 33 (September): 573–90.Google Scholar
Wright, David McCord. 1945. “The Future of Keynesian Economics.” American Economic Review 35 (June): 284–307.Google Scholar