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Essays on economic semantics

1963

by Machlup

Fritz MachlupEquilibriumEconomic DevelopmentCapital AccumulationInternational TradeMacroeconomicsMicroeconomicsMonetary TheoryMonopolyBalance of PaymentsCapital TheoryCompetitionInflationInnovationMethodologyOligopolyTrade PolicyMonetary PolicyPrice TheoryAustrian SchoolGunnar MyrdalJohn Maynard KeynesJoseph SchumpeterLudwig von MisesStock ExchangeEconomic PolicyValuationClassical EconomicsNassau SeniorThomas MalthusAlfred MarshallEconomic HistoryJohn Stuart MillKnut WicksellLeon WalrasStationary EconomyThorstein VeblenFriedrich A. HayekPaul SamuelsonRagnar FrischVilfredo ParetoDavid RicardoFriedrich ListHistorical SchoolJean Charles Léonard de SismondiFrank KnightWerner SombartWelfare EconomicsMultiplierLaissez-fairePolitical PhilosophyUnemploymentValue JudgmentsExchange RatesGold StandardJoan RobinsonDeflationDevaluationFiscal PolicyInterest RatesWagesBusiness Cycle TheoryCapital StructureGottfried HaberlerJan TinbergenMathematical EconomicsMarket StructureCartelsPrice ControlsPrice MechanismAntoine Augustin CournotCarl MengerKarl MarxMethodological IndividualismNational IncomeLionel RobbinsMilton FriedmanAgricultureAuguste ComteExpectationsProfit and LossIdeal TypeMax WeberEntrepreneurshipHuman CapitalNeoclassical EconomicsResource AllocationEmpiricismMarginalismMarginal CostProductivityElasticity of DemandArthur Cecil PigouDiscount RateFriedrich von WieserIrving FisherJohn HicksJohn Bates ClarkMarginal UtilityWage RigidityCredit ExpansionForced SavingJacob VinerLiquidityBusiness CyclesCapital GoodsEconomic GoodsMoney SupplyIncome DistributionRoundabout ProductionDeficit SpendingPlanned EconomyPublic FinanceHoardingKeynesian EconomicsSavingFederal ReserveTrade UnionsPurchasing PowerInvestmentPovertyNationalismSocialismIndustrial RevolutionLabor MobilityCapital MovementsAutarkyComparative AdvantageExternalitiesSubsidiesDivision of LaborMercantilismTerms of Trade

Table of Contents · 87 segments

1
Title Page and Publication Datachapter
2
Prefaceessay
3
List of Machlup Students: Selection Principle and Johns Hopkins Studentsbibliography
4
List of Machlup Students: Buffalo, Cornell, Harvard, and Other Universitiesbibliography
5
Bibliography of Fritz Machlup: Books and Joint Worksbibliography
6
Bibliography of Fritz Machlup: Articles, Notes, and Essaysbibliography
7
Bibliography of Fritz Machlup: Weekly and Monthly Journal Articlesbibliography
8
Bibliography of Fritz Machlup: Discussions, Reports, Prefaces, and Testimonybibliography
9
Bibliography of Fritz Machlup: Book Reviewsbibliography
10
Contentschapter
11
On the Cultivation of Economic Semanticsessay
12
Statics and Dynamics: Kaleidoscopic Words, Part 1essay
13
Continuation of Definitions of Statics and Dynamics: Pareto to Patinkin and Notestheoretical
14
Putative Statics and Dynamicsessay
15
Typology and Classification of Statics and Dynamicstheoretical
16
Complaints About Confusion in Statics and Dynamicsessay
17
Equilibrium and Disequilibrium: Introduction and Major Uses of Equilibrium Conceptsessay
18
The Role of Equilibrium in Economic Analysis: Models and the Four-Step Schemetheoretical
19
The Role of Equilibrium in Economic Analysis: Relativity, Time, and Definitiontheoretical
20
Misplaced Concreteness: Operationality and Stabilityessay
21
Equilibrium Is Not a Value Judgmentessay
22
Equilibrium in International Trade Theory: Robinson, Nurkse, Ellsworth, and Kindlebergeressay
23
Meade, Streeten, and Persuasive Definitions of Balance-of-Payments Equilibriumessay
24
The Trouble with Built-in Politicsessay
25
Structure and Structural Change: Weaselwords and Clearer Meaningsessay
26
II. Some of the Vaguer Meanings of "Structure" in Economicsessay
27
III. Some of the Crypto-Apologetic Meanings of "Structure" in Economicsessay
28
IV. Postscriptessay
29
Micro- and Macro-Economics: Contested Boundaries and Claims of Superiorityessay
30
Concepts, Alternative Distinctions, History, and Hidden Micro-Relations of Micro- and Macro-Theoryessay
31
The Alleged Superior Strength of Macro-Forcesessay
32
Equilibrium Theory in Micro- and Macro-Modelsessay
33
Statics and Dynamics in Micro- and Macro-Theoryessay
34
Ex Ante, Ex Post, and Identity Equationsessay
35
Measurability, Operational Concepts, and Econometric Limitsessay
36
Applicability of Micro- and Macro-Theoryessay
37
Economic Micro-Theory and Managerial Economics: The Economic Theory of the Firmtheoretical
38
The Imaginary and the Real Firmtheoretical
39
The Dominant Firmtheoretical
40
The Star of the Piece and the Supporting Role: Underemployment, Growth, and Micro-Analysistheoretical
41
Summary and Judgment on Micro- and Macro-Theorytheoretical
42
Section Three: Semantic Issues in Value Theory and Introduction to Marginal Analysisessay
43
Marginal Analysis of the Single Firm: Scope and Output Determinationtheoretical
44
Marginal Revenue and Cost of Outputtheoretical
45
Marginal Productivity, Factor Cost, and Input Decisionstheoretical
46
Empirical Research on the Single Firmtheoretical
47
On the Meaning of the Marginal Producttheoretical
48
Reply to Professor Takata: Publication Noteessay
49
Reply to Professor Takata: Introductionessay
50
Reply to Professor Takata: Terminologyessay
51
Reply to Professor Takata: Real Issuesessay
52
Forced or Induced Saving: Concepts, Terms, and Basic Ideaessay
53
Forced Saving in Modern Theory and the History of the Ideaessay
54
Five Extreme Cases of Forced Saving Effectsessay
55
Real Investment, Potential Consumption, and Robertsonian Lackingessay
56
Automatic, Induced, Secondary, and Generated Savingsessay
57
Keynesian Saving-Investment Equality and Income-Induced Savingessay
58
Temporary Abnormal, Socialistic, and Fiscal Savingessay
59
Forced Loans, Rationing, and Corporate Savingessay
60
Forced Saving: Summary Taxonomy, Items 1–27essay
61
Continuation of saving concepts: fiscal, compulsory, rationing, and corporate savingtheoretical
62
Another View of Cost-Push and Demand-Pull Inflation: debate and definitionsessay
63
Cost-push as no independent cause of inflationtheoretical
64
Demand-pull as no independent cause under administered pricestheoretical
65
Statistical tests for cost-push and demand-pull inflationtheoretical
66
Concepts and model sequences for inflation analysistheoretical
67
Application to postwar inflation and wage versus profit pushessay
68
Wage increases, productivity gains, and the cost-price spiraltheoretical
69
Price reductions as essential to price stabilitytheoretical
70
The O'Mahoney plan and conclusion on inflation theoryessay
71
Disputes, paradoxes, and dilemmas concerning economic development: definitionsessay
72
Conflicting objectives in economic developmentessay
73
Conflicting recommendations for economic development policyessay
74
Industrial wage differentials and development policytheoretical
75
Foreign capital inflows and long-run developmenttheoretical
76
Conflicting theories of industrialization: autarky, infant industries, and external economiestheoretical
77
Infant-economy argument and balanced growththeoretical
78
Terms-of-trade arguments for industrializationtheoretical
79
Reinvestment, retained earnings, and inferior industrial projectstheoretical
80
Employment, population growth, and relative industrial wagestheoretical
81
Capital-labor ratios, marginal productivity, and technology coefficientstheoretical
82
High capital-labor ratios as a savings strategytheoretical
83
Static allocation, consumption repression, and growth theorytheoretical
84
Technological progress and technical assistancetheoretical
85
Central planning as the unresolved development conflicttheoretical
86
Author index of names and page referencesbibliography
87
Library date-due slip and catalog markingsbibliography