PRELIMINARY PROGRAM -- HES 1997

Guest Speaker: David Laidler, University of Western Ontario

Opening Reception: 6:00pm

Host: Jane Clary, College of Charleston

8:00 - 10:00 am

SESSION A1: BUSINESS CYCLE THEORY

Presiding: David Laidler, University of Western Ontario

Dimand, Robert (Brock University), Fisher's Monetary Macroeconomics

Arena, Richard (Universite de Nice),Monetary Theories of the Business Cycle

Hagemann, Harald (Universitate Hohenheim, Stuttgart), Structural Theories of the Business Cycle

Discussants: David Laidler, Ivo Maes (National Bank of Belgium), Pier Luigi Porta (Milano), Gary Mongiovi (St Johns)

SESSION A2: PIONEERS OF CONTEMPORARY THEORY

Presiding: Robert Clower, University of South Carolina

Boianovsky (Brasilia) Mechanical Inertia and Economic Dynamics

Costa, Manuel (Porto), Marshall, Walras, and the Neowalrasians

Salanti, Andrea (Bergamo) Pareto's Methodological Vision

Discussants: Jan Van Daal (Erasmus), Don Walker (Indiana U of PA), Vincent Tarascio (UNC), Peter Howitt (Ohio State)

SESSION A3: CAMBRIDGE ECONOMICS IN THE 1930'S

Presiding: Ingrid Rima, Temple University

Marcuzzo, Cristina (La"Sapienza", Rome)
The Collaboration Between J.M. Keynes and R.F. Kahn

Davis, John (Marquette)
Sraffa and Keynes: Differences and Shared Preconceptions

Sardoni, Claudio (Rome)
Gerald Shove's Contribution to the Economic Debate in Cambridge

Discussants: David Andrews (Cazenovia College), Michael Lawlor (WFU), Warren Young (Bar-Ilan)

SESSION A4 CLASSICAL THEMES

Presiding: James Henderson, Valparaiso

Elmslie, Bruce (New Hampshire) Vent-for-Surplus: A Case of Mistaken Identity

Hueckel, Glen (Purdue) Smith's Uniform Toil and Trouble

Maneschi, Andrea (Vanderbilt) The Dynamic Basis of Comparative Advantage

Discussants: Paul Trescott (Southern Illinois), Hans Jensen (Tennessee), Jeff Young (St. Lawrence U.)

SESSION A5: REPRISING RICARDO

Presiding: Meyer Burstein, York University

Fukagai, Yasunori (Kanagawa U.) Ricardo's Invariable Measure of Value

Steiner, Philippe (ENS Fontenay)
Ricardo or Say? Pelegrino Rossi on Method and Distribution

Dome, Takuo (Osaka U.) Ricardo and J.S. Mill on Income Tax


Discussants: Tom Rymes (Carleton), Neil Skaggs (Illinois State), Ryan Atkinson (U.S.C.), Filippo Cesarano (Rome)

SESSION A6: DYNAMICS

Presiding: Mary Morgan, London School of Economics

Klein, Judy (Mary Baldwin College) The Maturing of Economic Dynamics in the Empirical Studies of the 1920s

Nozaki, Michiya (Chuo U., Tokyo) The Dynamic Analysis of Credit Economy

Discussants: Hamid Hosseni (Kings College), Roy Weintraub (Duke), Ror Ruffin (Houston)

SESSION B2: WALRAS REVISITED

Presiding: Robert Clower, University of South Carolina

Davar, Ezra (Netvision,Israel) Walras Original General Equilibrium Theory

Van Daal, Jan, (Erasmus), Walras on the Value and the Utility of Money

Walker, Donald (Indiana U of PA),
Walras's Model and the French 19th Century Securities Market

Discussants: Peter Howitt (OSU), Manuel Costa (Porto), Ingo Barens (Wuppertal), Andrea Salanti (Bergamo)

SESSION B3: METHODOLOGIES

Presiding: Christina Marcuzzo, La"Sapienza", Rome

Comin, Flavio (Cambridge) On the Concept of Common Sense Economics

Fontaine, Philippe (Antilles)
Mainstream Economics as Imaginary Reference: The Care of Altruism

Zappia, Carlo (Siena) Modern Subjectivism in Economics and the Radical Subjectivist Approach

Discussants: Wade Hands (Puget Sound), Arthur Diamond (Nebraska), Sent, Esther-Mirjam (Notre Dame)

SESSION B4: RATIONALITY IN CLASSICAL ECONOMICS

Presiding: David Colander, Middlebury

Langeux, Maurice (Montreal) The Rationality Principle and Classical Economists

Witzum, Amos (London Guildhall U.) A-Symmetric Rationaltiy and Natural Liberty

Urquhart, Robert (Duquesne) Steuart's Politics

Discussants: Bruce Elmslie (New Hampshire), Paul Trescott (Southern Illinois)

SESSION B5: KEYNES ON INTEREST AND BANKING

Presiding: Robert Dimand, Brock University

Lawlor, Michael (Wake Forest) A Revision of Keynes's The Classical Theory of the Rate of Interest

Rymes, Thomas (Carleton) Keynes and the Laisser-Faire Banking

Bibow, Joerg (Hamburg) Exogenous Money and Bank Behaviour: Keynes's Theory of Liquidity Preference


Discussants: Robert Horn (Tulsa), George Selgin (Georgia), Meyer Burstein (York)

SESSION B6: INTERPRETING ADAM SMITH

Presiding: Malcolm Rutherford, U. of Victoria

Evensky, Jerry (Syracuse) Adam Smith's Moral Philosophy: Its Subject, Purpose, and Method

Jensen, Hans (Tenessee) An Opportunistic Interpretation of Adam Smith's Inquiry into the Nature and Interrelations of Inventions, Entrepreneurship, and Innovations

Young, Jeffrey (St. Lawrence) Adam Smith's Two Views of the Market

Mote, Jonathon (Pew Charitable Trusts) From History to Data: The Past in Economic Theory

Discussants: James Henderson (Valparaiso), Nahid Aslanbegui (Monmouth), Glenn Hueckel (Purdue)

Spencer Pack (Connecticut College) Murray Rothbard's Adam Smith

Paul Trescott (Southern Illinois) Smith as a General Equilibrium Theorist


Discussants:TBA

SESSION C2: TOPICS IN PRE-CLASSICAL THOUGHT

Presiding: Warren Samuels, Michigan State University

Cot, Annie L. (Lisle I, Paris) The XVIIth Century Luxury Quarrel in France

Noell, Edd (Westmont College) Bargaining, Consent, and the Establishment of the Just Wage in the Sources of Scholastic Economic Thought

Rosselli, Annalisa (Rome, Tor Vergata)
Early Views on Monetary Policy: Antonio Serra and the Theory of Exchange


Discussants: Filippo Cesarano (Bank of Italy), Arthur Diamond (Nebraska), Jeff Biddle (Michigan State), Sam Bostaph (Dallas)

SESSION C3: REFLECTIONS ON RAE

Presiding: Peter Howitt, Ohio State University

Gootzeit, Michael (Memphis) Fisher's Two Theories of Interest

Perelman, Michael (Cal State Chico) John Rae and the Racial Morality of Accumulation

Discussants: Manesci (Vanderbilt), Syed Ahmed (McGill), Robert Dimand (Brock)

SESSION C4: THE QUANTITY THEORY AND MONETARY ECONOMICS

Presiding: Dan Hammond, Wake Forest University

Backhouse, R. E. (Birmingham) Theoretical Strategies and Disagreement in Monetary Economics: A Comparison of Friedman and Tobin

Glassner, David (FTC) The Quantity Theory of Money in Classical Economics

Tavlas, George (Bank of Greece), Was the Monetarist's Tradition Needed?

Discussants: David Laidler (UWO), Meyer Burstein (York), Robert Clower (USC)

SESSION C5: METHODOLOGY UNBOUND

Presiding: Bruce Caldwell, NC Greensboro

Sent, Esther-Mirjam (Notre Dome) Bounded Rationality on the Rebound

Levy, David (George Mason)Sharing Lashes from Carlyle's Whip

SESSION C6: DOCTRINE HISTORY APPLICATIONS

Presiding: Neil Skaggs, Illinois State University

Machovec, Frank (Wofford) The Perfect Knowledge Postulate and US Antitrust Policy: Dynamics Held Hostage by Statics

Prasch, Robert (Vassar) Economists and Minimum Wage Legislations, 1912-1923

Raines, Patrick (Richmond) and Charlie Leathers (Alabama) The Economic Model of Universities in Veblen's Higher Learning in America

Discussants: TBA

8:00-10:00 am

SESSION D1: THE GENERAL THEORY IN RETROSPECT

Presiding: James C. W. Ahiakpor, California State University, Hayward

Allin Cottrell (Wake Forest) Keynes, Ricardo and Say's Law

Nahid Aslanbeigui (Monmouth University) Pigou's Theory of Unemployment After Keynes's General Theory

Greg Christainsen (Cal State Hayward) Keynes on the Impact of Money Supply. Changes

James C. Ahiakpor (Cal State Hayward) Keynes on the Classics: A Revolution Mainly in Definitions

Discussants: TBA

SESSION D2: TOPICS IN CAPITAL THEORY

Presiding Carlo Zappia, University of Siena.

Banzhaf, Spencer (Duke) Natural Productivity and the Net Product

Gloria, Sandye (University of Nice) The Marginalist Deviation: BHM-Bawerk's Greatest Error

Gunning, Patrick (National Chung Hsing University) The Loan Fund Theory of Capital

Discussants: Annalisa Roselli (Rome), Jan Van Daal (Erasmus)

SESSION D3: ETHNIC INTERLUDES

Presiding: Maurice Lagueux, Montreal

Hockuba, Zbigniew (Warsaw) Reflections on the Cracow School: Economics, Politics and Art in the Life of Adam Heydel

Kaergaard, Niels (Royal Danish Agricultural U) Characteristic Trends in the Development of Danish Economics 1750-1996

Maes, Ivo (National Bank of Belgium) The Post-1945 Development of Economics in Belgium

Neill, Robin (Prince Edward Island) Saskatchewan in the 1950s

Discussants: Robert Dimand (Brock), Richard Arena (Nice), David Levy (George Mason)

SESSION D4: KEYNES AT END OF CENTURY

Presiding: Harald Hagemann, Hohenheim University, Stuttgart

Bober, Stanley (Duquesne) The Efficacy of Stabilization Policy - The Current Controversy.

Moggridge, Don (Toronto) Keynes and the Post-War World.

Discussants M. Lawlor (Wake Forest), Warren Young (Bar-Ilan), Tom Rymes (Carleton), Peter Howitt (Ohio State)

SESSION D5: PIONEERS OF GROWTH THEORY

Presiding: Judy Klein, Mary Baldwin College

Hosseini, Prof. Hamid (Kings College, PA) Contributions of Rosenstein-Rodan From Marginal Utility to Economic Development

Sandilands, Roger (Strathclyde) Allyn Young, Lauchlin Currie and Modern Endogenous Growth Theory

Shah,Sumitra (St. John's) Endogenity in Schumpeter's Theory of Economic Development

Discussants: Frank Machovec (Wofford), Masazumi Wakatabe (Toronto), Esther-Mirjam Sent (Notre Dame)

SESSION D6: HISTORY OF SOME HISTORICAL TOPICS

Presiding: Spencer Pack, Connecticut College

SteIndl, Frank (Oklahoma State)The Decline of a Paradigm: The Quantity Theory and Recovery in the 1930s

Hynes, Allen (Toronto) The Emergence of the Neoclassical Consumption Function: the Formative Years, 1940-1952

Skaggs, Neil (Illinois State) Early Development of the Theory of Credit


Discussants: Larry Moss (Babson), Robert Clower (USC), Mary Morgan (LSE)

Presiding: Paul Trescott, Southern Illinois

Andrews, David (Cazenovia College) Continuity and Change in Keynes's Thought: The Importance of Hume

Discussants: Cristina Marcuzzo (Rome), Michael Lawlor Wake Forest), James Ahiakpor (Cal State Hayward)

SESSION E-2: GREAT THEORISTS

Presiding: Richard Arena, University of Nice

Besomi, Danielle On the Making of Harrod's Dynamics

Schohl, Frank (Jena) The Paradoxical Fate of the Representative Firm Paradigm

Young, Warren (Bar-Ilan) Harrod and Haberler Beyond the Trade Cycle: Exchanges on Gold, International Liquidity, Monetarisn and Friedman

Kohn, Meir (Dartmouth) TBA, on S.C. Tsiang (Larry Moss?)

Discussants: Roy Ruffin (Houston), Christina Marcuzzo (Rome)

SESSION E3: DOCTRINE HISTORY OUTREACH

Presiding: Judy Klein, Mary Baldwin College

Rowley, J.C.R. (McGill) Simulated Dynamics: From Mimicry and Cybernetics to Quantitative Economics and System Dynamics (Rowley and Cloutier)

Ewing, Bradley, and Yanochik, Mark (Georgia Southern) Mill/Cairnes/Phillips, Security Costs, and the Value of Slaves: A Cointegration Analysis

Morgan, Mary S. (London School of Economics) Economic Engineering: the Twentieth Century Development of Intermediate Technologies

Discussants: TBA

E4: DOCTRINE-HISTORY FORENSICS

Presiding: Allen Hynes, Toronto

Cesarano, Filippo (Bank of Italy)
Hume's Specie-Flow Mechanism and Classical Monetary Theory

Kleiman, Ephraim (Jerusalem) Inflation Tax Theory and Estimates in the 1920s
Palermo, Giulio (Rome) The Planning Debate Reconsidered

Discussants: Robert Clower (USC), Allin Cottrell (Wahe Forest), Manuel Costa (Porto), Roy Weintraub (Duke)

SESSION E5: EARLY CHIGAGO STARS

Presiding: Jane Clary, College of Charleston

Gonce, Richard A. The Role of Pessimism in Frank H. Knight's Political Economy

Nordquist, Gerald Frank Hyneman Knight: The Iowa Years

Fayazmanesh, Susan On Veblen's Coining of the Term `Neoclassical'

Disscussants: Stanly Bober (Duquesne), Ross Emmett (Augustana), Frank Machovec (Wofford)

E6-------NOT SCHEDULED

SESSION F1: MACROTHEORY BEFORE AND AFTER KEYNES

Presiding: Robert Clower

Jonsson, Petur O. (Fayetteville) Underconsumption vs. Coordination Failure Explanations of Gluts in Pre Keynesian Economics

Barens, Ingo (Wuppertal), Destruction by Simplification:IS-LM after 60 Years

Discussants: TBA

SESSION F2: EMINENT HISTORIANS OF ECONOMIC THOUGHT

Presiding: Malcolm Rutherford

Tiran, Andr (Centre Walras, Lyon) Freedom, Society and the Individual in Karl Polanyi's Work

Bazzoli, Laure (Lyon) The Legacy of Commons' Conception of Economics as Science of Behaviours: The Cognitive and Institutioal Basis of Human Agency - Toward a Methodological Institutionalism

Backhaus, Prof. Dr. Jurgen G. (Limburg) The Views of the Historical School on International Income Distribution

Discussants: Bruce Caldwell (UNC, Greensboro), Harald Hagemann (Hohenheim), Robin Neill (Prince Edward Island)

SESSION F3: EXPLANATORY METHODS

Presiding: James Henderson, Valparaiso

Diamond, Arthur (Nebraska) The History of the Relationship between Economics and Scientometrics.

Hudson, Richard (Mount Allison) Rosenberg, Intentionality and Explanatory Strategies in Financial Economics

Madden, Kirsten (MillersvillePA) Method and Choice in the History of Econometrics


Discussants: David Levy (George Mason), Esther-Mirjam Sent (Notre Dame), Ephraim Kleiman (Jerusalem)

SESSION F4: SMITH AND VISIBLE HANDS

Presiding Craufurd Goodwin, Duke

Khalil, Elias (Ohio State) The Invisible Hand and the Political Order: Adam Smith as Political Scientist

Salvadori, Neri (Pisa) Classical Economics: A Perspective by Salvadori and Kurz

Discussants: Hans Jensen (Tenessee), Meyer Burstein (York), Amos Witzum (London)

SESSION F5: DOCTRINE HISTORY TOPICS II

Presiding: Ingrid Rima, Temple

AslanbeguiI, Nahid (Monmouth) Internationalization of Doctoral Students: A New Puzzle in Economic Education

Kennesey, Zoltan (Voorburg) Sir Frederick Morton Eden's 'The State of the Poor'

Richardson, Terry (Georgia Southern) Equity Underwriting by Commerical Banks Prior to Glass-Steagall: A Further Examination of Justification for the Act.

Van Trier, Walter (Antwerp) G.D.H Cole, `His' Social Dividend and the Early Roots of the Basic Income/Flat Tax Proposal

Discussants: TBA

F6-------NOT SCHEDULED>

5:50 pm HES Presidential Banquet

SESSION G-1: IN REMEMBRANCE OF HENRY SPIEGEL (1911-1995)

Presiding: Laurence Moss, Babson College

Participants:
Mrs. Cecile Spiegel
Warren J. Samuels
Ingrid Rima
Harald Hagemann

CLOSING SESSION: ROUNDTABLE ON 21ST CENTURY ECONOMICS

Presiding: Robert Clower

Participants: Ingo Barens, Stanley Bober, Peter Howitt, Petur Jonsson, Roy Ruffin

Discussion and Comment: Audience

12:30 pm

END OF CONFERENCE