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Cambridge Economics in the Post-Keynesian Era
The Eclipse of Heterodox Traditions
Taschenbuch von Ashwani Saith
Sprache: Englisch

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Beschreibung
This book chronicles the rise and especially the demise of diverse revolutionary heterodox traditions in Cambridge theoretical and applied economics, investigating both the impact of internal pressures within the faculty as also the power of external ideological and political forces unleashed by the global dominance of neoliberalism. Using fresh archival materials, personal interviews and recollections, this meticulously researched narrative constructs the untold story of the eclipse of these heterodox and post-Keynesian intellectual traditions rooted and nurtured in Cambridge since the 1920s, and the rise to power of orthodox, mainstream economics. Also expunged in this neoclassical counter-revolution were the structural and radical policy-oriented macro-economic modelling teams of the iconic Department of Applied Economics, along with the atrophy of sociology, development and economic history from teaching and research in the self-purifying faculty. This book will be of particular interest to researchers in the history of economic thought, sociology of knowledge, political economy, especially those engaged in heterodox and post-Keynesian economics, and to everyone wishing to make economics fit for purpose again for negotiating the multiple economic, social and environmental crises rampant at national and global levels.
This book chronicles the rise and especially the demise of diverse revolutionary heterodox traditions in Cambridge theoretical and applied economics, investigating both the impact of internal pressures within the faculty as also the power of external ideological and political forces unleashed by the global dominance of neoliberalism. Using fresh archival materials, personal interviews and recollections, this meticulously researched narrative constructs the untold story of the eclipse of these heterodox and post-Keynesian intellectual traditions rooted and nurtured in Cambridge since the 1920s, and the rise to power of orthodox, mainstream economics. Also expunged in this neoclassical counter-revolution were the structural and radical policy-oriented macro-economic modelling teams of the iconic Department of Applied Economics, along with the atrophy of sociology, development and economic history from teaching and research in the self-purifying faculty. This book will be of particular interest to researchers in the history of economic thought, sociology of knowledge, political economy, especially those engaged in heterodox and post-Keynesian economics, and to everyone wishing to make economics fit for purpose again for negotiating the multiple economic, social and environmental crises rampant at national and global levels.
Über den Autor

Ashwani Saith is an Emeritus Professor at the International Institute of Social Studies, Erasmus University Rotterdam, and former Professor of Development Studies & Director, Development Studies Institute, London School of Economics.

Inhaltsverzeichnis

Volume I.- 1 Cambridge, That Was: The Crucible of Heterodox Economics.- 1.1 The Narrative.- 1.2 Evolutions and Revolutions.- 1.2.1 The Great Banyan of Heterodox Traditions.- 1.2.2 Cohorts.- 1.2.3 The Cambridge Habitat.- 1.2.4 Which Cambridge?.- 1.3 Regime Change.- 1.3.1 The World of Cambridge: Stories Within.- 1.3.2 Worlds Beyond Cambridge: Neoliberalism at the Gates.- 1.4 The Dialectic of Competing Paradigms.- 1.4.1 Laissez-Faire: "Receding at last into the distance".- 1.4.2 The Force of Ideas.- 1.4.3 Opposition Brewing.- 1.4.4 Evolutions and Hegemonic Incorporation.- 1.4.5 Ideological: Not the Techniques but the Purposes of Economics.- 1.4.6 Sociological: Mathematical Whiz-Kids and Ageing Dinosaurs.- 1.4.7 Beyond Kuhnian Reductionism.- 1.4.8 Mankiw's Pendulum.- 1.4.9 Solow's À La Carte Approach.- 1.4.10 Silos and Trenches.- 1.4.11 Joan Versus Hahn-History Versus Equilibrium.- 1.5 Semantics and Pedantics.- References.- 2 The Warring Tribes.- 2.1 A Sanctuary of Sages.- 2.1.1 Class to Community: The Cement of War.- 2.1.2 Community to Conflict: Cement to Sand.- 2.1.3 A Pride of Savage Prima Donnas.- 2.2 Faculty Wars.- 2.2.1 Paradise Lost.- 2.2.2 Fault Lines Within.- Wynne Godley: No Legacy No Synthesis, No Textbooks-The Samuelson Factor.- Shifting Student Preferences?.- "Irrelevance" and Irreverence: Joan and K-Theory.- Inbred Insularity, Complacency.- Simultaneities in the Demographic Lifecycle.- Lack of Internal Group Coherence.- The Heterodox Camp: No Chairs-Sorry, Standing Room Only.- A Break in Intergenerational Transmission, in the Reproduction of Traditions.- 2.3 Godfathers, Uncles and Nephews: The Gathering Foe.- 2.3.1 The Trojan Horse: By the Pricking of My Thumbs.- 2.3.2 Forming the Academy.- Meanwhile, at the Orthodox Party-A Merry Game of Musical Chairs.- 2.3.3 The Chess Master.- 2.4 The Campaign: How the War Was Lost and Won.- 2.4.1 The Orthodox Gambit: Capture the External Commanding Heights.- 2.4.2 Carrots and Commanders.- 2.4.3 Modus Operandi: Masters, Mandarins and Interlocking Committees.- References.- 3 Worlds Beyond Cambridge: The Global Web of the 'Neoliberal Thought Collective'.- 3.1 Conjunctures.- 3.1.1 1930s, The Prelude.- LSE Versus Cambridge.- Émigré Economists: The Benefactions of Lenin and Hitler.- 3.1.2 1940s, The Cascade.- 3.1.3 Keynesianism: Divergent Receptions.- Post-war Affinity in the UK.- Post-New Deal Hostility in the USA.- 3.2 Spreading the Word: Messiahs, Messages, Methods.- 3.2.1 Ideas and Ideologies: Manufacturers and Retailers.- 3.2.2 USA: Early Ideological Entrepreneurs of Libertarianism.- Harold Luhnow: The Volker Fund and its Dollars.- Foundation for Economic Education (FEE) and its Facilitators.- [...]ope: Friedrich Hayek and the Mont Pelerin Society.- Antecedents.- Pilgrims Atop a Mountain, Mont Pelerin, Switzerland, April 1947.- Financial Sponsors.- The First Meeting of Minds.- Sarcastic Schumpeter, Sceptical Solow, Scathing Samuelson.- 3.2.4 UK: Antony Fisher, Global Venture Capitalistof Think Tanks.- 3.3 Branding the Message: The 'Nobel' Prize.- 3.3.1 The Stockholm Connection: Ideological Entrepreneurs.- 3.3.2 Some Early Awards: Setting the Direction.- Jan Tinbergen-Ragnar Frisch 1969.- Samuelson 1970.- Gunnar Myrdal-Friedrich von Hayek 1974.- Milton Friedman 1976.- 3.3.3 Mont Pelerin Society and the 'Nobel'-A Golden Embrace.- 3.3.4 Cambridge Heterodoxy?.- 3.3.5 'An Ideological Coup'.- 3.4 Reaching Politics: Weaponising the Message.- 3.4.1 Santiago de Chile: Pinochet the Pioneer.- Chicago and its Cowboys.- Thatcher: Romancing Pinochet's Chile.- 3.4.2 The White House: Reagan, a Disciple.- 3.4.3 10 Downing Street: Thatcher, a Devotee.- More than its Weight in Gold-The Market Price of Symbolic Capital.- 3.4.4 Pulling Together.- 3.5 Besieging Cambridge: The Chicago-MIT-LSE Trinity.- 3.5.1 A Cross-Atlantic Triangle.- 3.5.2 Diversity of Practice.- 3.5.3 Unity of Purpose.- References.- 4 Camp Skirmishes Over Interstitial Spaces: Journals, Seminars, Textbooks.- 4.1 The Battle of Teruel-The Day before.- 4.2 Journals.- 4.2.1 EJ Leaves 'Home'-The Loss of a Flagship.- 4.2.2 CJE Arrives-A Forum of One's Own.- 4.2.3 Cambridge Economic Policy Review: One Crowded Hour of Glorious Life.- 4.3 Seminars.- 4.3.1 Cambridge Economic Club-A Marshallian Precursor: 1884-1890, 1896-?.- 4.3.2 Political Economy Club: From Keynes to Robertson to Kahn-Dazzling to Dour.- 4.3.3 The Marshall Society: A Socialisation into Economics and Its Purposes.- 4.3.4 Piero Sraffa's Research Students Seminar: A Precocious Nursery.- 4.3.5 In Retrospect, Austin Robinson on the Cambridge Circus: The Engine Room of The General Theory.- 4.3.6 Cambridge-LSE Joint Seminar: Jousting Juniors.- 4.3.7 Kahn's 'Secret' Seminar at King's: Fires in the Kitchen.- 4.3.8 The Richard Stone Common Room: Typhoo and Typhoons.- 4.3.9 Ajit Singh's Political Economy Seminar at Queens': Young Turks.- 4.3.10 Arestis and Kitson Political Economy Seminar at St. Catherine's College.- 4.3.11 Hahn's Churchill Seminar: OnlyMaths and Neoclassicals, Others Beware.- 4.3.12 Cambridge Growth Project Seminar at DAE.- 4.3.13 Hahn's 'Quaker' Risk Seminar: The Rising Tide.- 4.3.14 Matthews's CLARE Group: The Master's Lodge of Moderate Practitioners.- 4.3.15 Lawson-Realism and Social Ontology: Ways of Seeing and Framing.- 4.4 Textbooks.- 4.4.1 Distant Thunder: Keynes and McCarthy, Tarshis and Samuelson.- 4.4.2 Lawrence Klein and the Paradox of The Keynesian Revolution.- Puzzle.- Ph.D.-At Samuelson's Feet.- Cowles Commission-The New Dealers.- The Keynesian Revolution: The Extra Chapter- Klein, Then a Closet Marxist?.- Beyond Keynes.- UMich and McCarthyism.- Policy to Forecasting.- Resolution.- 4.4.3 'Death of a Revolutionary Textbook': Robinson and Eatwell.- 4.4.4 An 'Applied Economics' Textbook That Wasn't: Joan and Young Friends.- 4.5 The Battle of Teruel-The Day After.- Appendix 4.1: First off the Blocks: Mabel Timlin's Keynesian Economics, 1942.- References.- 5 The DAE Trilogy.- 5.1 Origins and Evolution.- 5.1.1 Origins.- 5.1.2 Evolution: Substance and Styles.- 5.1.3 Foundations of Stone.- 5.1.4 Reddaway's Method: Eclectic Development.- 5.1.5 Godley: Turbulent Times.- 5.2 End of the Golden Age: The Decade of Discontent.- 5.3 The Trilogy: Discrete Episodes or a Serial Campaign?.- Appendix 5.1: DAE-Finding a Good Home.- References.- 6 Cambridge Economic Policy Group: Beheading a Turbulent Priest.- 6.1 Charged Conjuncture.- 6.1.1 Imbroglios of 1974: Old Versus New Cambridge Versus the Establishment.- 6.1.2 The Enigma of Kahn.- 6.1.3 Kaldor: On Radical Policy Implications of New Cambridge, 1976.- 6.1.4 Cambridge Squabbles: Spillover into Whitehall?.- 6.1.5 Triggering Crisis: The Pivot of the OPEC Price Hikes.- 6.1.6 1979: Enter Margaret Thatcher, Right-Wing, Upfront.- 6.1.7 The Case of the Odd Consensus: The Letter by 364 Economists, 1981.- 6.1.8 Thatcher in the Garage of the Federal Reserve.- 6.1.9 1981: Brixton Riots, Toxteth Fires: "A Concentration of Hopelessness".- 6.1.10 TheCEPG: A Thorn in the Thatcher Hide.- 6.1.11 The Bogey of Import Controls and the Spectre of Bennism.- 6.2 SSRC and CEPG: Dispensing Instant Injustice.- 6.2.1 Posner's Parlour.- 6.2.2 Posner's Process.- 6.3 Epilogue.- 6.3.1 Vengeance.- 6.3.2 The Team Scattered.- 6.3.3 The Model Reincarnated.- 6.3.4 The Rehabilitation of Wynne.- 6.3.5 Wynne Godley: 'My Credo' ....- 6.3.6 The Pacification of the CEPG.- Appendix 6.1: Old Cambridge, New Cambridge, 1974: and All the King's Men.- 1. Letter WG to RFK 23 May 1974. JVR/ vii/228/3/3.- 2. Letter NK to RFK 20 May 1974. JVR/ vii/228/3/14-16.- 3. Letter from RFK and MP to NK 24 May 1974. JVR/vii/228/3/17-20.- 4. Letter from RFK and MP to NK 28 May 1974. JVR/vii/228/3/24.- 5. Letter from FC to RFK 29 May 1974. JVR/7/228/3/25.- 6. Reply from RFK to FC 6 June 1974. JVR/7/228/3/24.- 7. In the interim, NK replied to RFK and MP. JVR/7/228/3/26.- 8. Letter from NK to RFK. RFK/12/2/132/3.- References.- 7 'Unintended' Collateral Damage? The Cambridge EconomicPolicy Group and the Joseph-Rothschild-Posner SSRC Enquiry, 1982.- 7.1 Joseph-Rothschild-Posner-Godley.- 7.2 The Posner-the-Saviour Narrative.- 7.3 Setting Up the Enquiry.- 7.4 Who Proposed Rothschild?.- 7.5 Rothschild Report Writing Process.- 7.6 The Judgement of Rothschild.- 7.7 Between Draft and Release and Response: Handshakes and Cigars.- 7.8 Did Posner Get Away with Just a Change of Name?.- 7.9 CEPG-Collateral Damage? Or, Traded Down the River?.- 7.10 The Rothschild Report: Gleanings on Macroeconomic Modelling.- 7.11 Lord Kaldor-Off the Record, Off the Cuff, Off the Mark?.- 7.12 Lord Harris' Vitriol.- 7.13 Catholicity and Independence.- 7.14 Rothschild's Last Word.- 7.15 Joseph's Last Laugh.- References.- 8 Cambridge Growth Project: Running the Gauntlet.- 8.1 Background and Conjuncture.- 8.1.1 The Decision.- 8.2 Substantive Issues.- 8.2.1 No Innovation?.- 8.2.2 Catholicity, Turnover and the Value of Disaggregation.- 8.2.3 Use of Input-Output Tables.- 8.2.4 CGP Presence in PolicyDebates.- 8.2.5 Insularity.- 8.2.6 On Exploiting the Cheap Labour of Graduate Students.- 8.3 Issues of Procedural Probity.- 8.3.1 Shifting Goalposts Across Evaluations.- 8.3.2 Unequal Application of Criterion of Commercial Funding.- 8.3.3 Public Good or Private Resource?.- 8.3.4 ESRC Ignored CGP Model Performance: Why?.- 8.3.5 Compromised 'Independent' Evidence.- 8.4 Other Concerns.- 8.4.1 'Reds'?.- 8.4.2 Crowding Out Competitors?.- 8.4.3 Deadweight Loss of Built-up Intellectual Capital.- 8.4.4 Gratuitously Offensive: Up Close and Out of Order.- 8.4.5 The Consortium: 'Revived Talk of Conspiracy Theory'.- 8.4.6 In Defence, a Lone Voice, Overruled.- 8.5 Epilogue: CGP-Life After Death?.- Appendix 8.1: CGP Staff Members, Timeline 1960-1987.- Appendix 8.2: Publications of CGP Staff.- References.- 9 The DAE Review 1984-1987: A Four-Year Inquisition.- 9.1 The Campaign of Attrition.- 9.1.1 Occluded Origins.- 9.1.2 Two Stages, Two Committees.- 9.2 The Orthodox Gambit.- 9.2.1 The Agenda Revealed.-...

Details
Erscheinungsjahr: 2023
Fachbereich: Volkswirtschaft
Genre: Recht, Sozialwissenschaften, Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Taschenbuch
Reihe: Palgrave Studies in the History of Economic Thought
Inhalt: 2 Taschenbücher
ISBN-13: 9783030930219
ISBN-10: 3030930211
Sprache: Englisch
Ausstattung / Beilage: Paperback
Einband: Kartoniert / Broschiert
Autor: Saith, Ashwani
Auflage: 1st ed. 2022
Hersteller: Springer International Publishing
Springer International Publishing AG
Palgrave Studies in the History of Economic Thought
Maße: 235 x 155 x 68 mm
Von/Mit: Ashwani Saith
Erscheinungsdatum: 13.11.2023
Gewicht: 1,898 kg
Artikel-ID: 127838219
Über den Autor

Ashwani Saith is an Emeritus Professor at the International Institute of Social Studies, Erasmus University Rotterdam, and former Professor of Development Studies & Director, Development Studies Institute, London School of Economics.

Inhaltsverzeichnis

Volume I.- 1 Cambridge, That Was: The Crucible of Heterodox Economics.- 1.1 The Narrative.- 1.2 Evolutions and Revolutions.- 1.2.1 The Great Banyan of Heterodox Traditions.- 1.2.2 Cohorts.- 1.2.3 The Cambridge Habitat.- 1.2.4 Which Cambridge?.- 1.3 Regime Change.- 1.3.1 The World of Cambridge: Stories Within.- 1.3.2 Worlds Beyond Cambridge: Neoliberalism at the Gates.- 1.4 The Dialectic of Competing Paradigms.- 1.4.1 Laissez-Faire: "Receding at last into the distance".- 1.4.2 The Force of Ideas.- 1.4.3 Opposition Brewing.- 1.4.4 Evolutions and Hegemonic Incorporation.- 1.4.5 Ideological: Not the Techniques but the Purposes of Economics.- 1.4.6 Sociological: Mathematical Whiz-Kids and Ageing Dinosaurs.- 1.4.7 Beyond Kuhnian Reductionism.- 1.4.8 Mankiw's Pendulum.- 1.4.9 Solow's À La Carte Approach.- 1.4.10 Silos and Trenches.- 1.4.11 Joan Versus Hahn-History Versus Equilibrium.- 1.5 Semantics and Pedantics.- References.- 2 The Warring Tribes.- 2.1 A Sanctuary of Sages.- 2.1.1 Class to Community: The Cement of War.- 2.1.2 Community to Conflict: Cement to Sand.- 2.1.3 A Pride of Savage Prima Donnas.- 2.2 Faculty Wars.- 2.2.1 Paradise Lost.- 2.2.2 Fault Lines Within.- Wynne Godley: No Legacy No Synthesis, No Textbooks-The Samuelson Factor.- Shifting Student Preferences?.- "Irrelevance" and Irreverence: Joan and K-Theory.- Inbred Insularity, Complacency.- Simultaneities in the Demographic Lifecycle.- Lack of Internal Group Coherence.- The Heterodox Camp: No Chairs-Sorry, Standing Room Only.- A Break in Intergenerational Transmission, in the Reproduction of Traditions.- 2.3 Godfathers, Uncles and Nephews: The Gathering Foe.- 2.3.1 The Trojan Horse: By the Pricking of My Thumbs.- 2.3.2 Forming the Academy.- Meanwhile, at the Orthodox Party-A Merry Game of Musical Chairs.- 2.3.3 The Chess Master.- 2.4 The Campaign: How the War Was Lost and Won.- 2.4.1 The Orthodox Gambit: Capture the External Commanding Heights.- 2.4.2 Carrots and Commanders.- 2.4.3 Modus Operandi: Masters, Mandarins and Interlocking Committees.- References.- 3 Worlds Beyond Cambridge: The Global Web of the 'Neoliberal Thought Collective'.- 3.1 Conjunctures.- 3.1.1 1930s, The Prelude.- LSE Versus Cambridge.- Émigré Economists: The Benefactions of Lenin and Hitler.- 3.1.2 1940s, The Cascade.- 3.1.3 Keynesianism: Divergent Receptions.- Post-war Affinity in the UK.- Post-New Deal Hostility in the USA.- 3.2 Spreading the Word: Messiahs, Messages, Methods.- 3.2.1 Ideas and Ideologies: Manufacturers and Retailers.- 3.2.2 USA: Early Ideological Entrepreneurs of Libertarianism.- Harold Luhnow: The Volker Fund and its Dollars.- Foundation for Economic Education (FEE) and its Facilitators.- [...]ope: Friedrich Hayek and the Mont Pelerin Society.- Antecedents.- Pilgrims Atop a Mountain, Mont Pelerin, Switzerland, April 1947.- Financial Sponsors.- The First Meeting of Minds.- Sarcastic Schumpeter, Sceptical Solow, Scathing Samuelson.- 3.2.4 UK: Antony Fisher, Global Venture Capitalistof Think Tanks.- 3.3 Branding the Message: The 'Nobel' Prize.- 3.3.1 The Stockholm Connection: Ideological Entrepreneurs.- 3.3.2 Some Early Awards: Setting the Direction.- Jan Tinbergen-Ragnar Frisch 1969.- Samuelson 1970.- Gunnar Myrdal-Friedrich von Hayek 1974.- Milton Friedman 1976.- 3.3.3 Mont Pelerin Society and the 'Nobel'-A Golden Embrace.- 3.3.4 Cambridge Heterodoxy?.- 3.3.5 'An Ideological Coup'.- 3.4 Reaching Politics: Weaponising the Message.- 3.4.1 Santiago de Chile: Pinochet the Pioneer.- Chicago and its Cowboys.- Thatcher: Romancing Pinochet's Chile.- 3.4.2 The White House: Reagan, a Disciple.- 3.4.3 10 Downing Street: Thatcher, a Devotee.- More than its Weight in Gold-The Market Price of Symbolic Capital.- 3.4.4 Pulling Together.- 3.5 Besieging Cambridge: The Chicago-MIT-LSE Trinity.- 3.5.1 A Cross-Atlantic Triangle.- 3.5.2 Diversity of Practice.- 3.5.3 Unity of Purpose.- References.- 4 Camp Skirmishes Over Interstitial Spaces: Journals, Seminars, Textbooks.- 4.1 The Battle of Teruel-The Day before.- 4.2 Journals.- 4.2.1 EJ Leaves 'Home'-The Loss of a Flagship.- 4.2.2 CJE Arrives-A Forum of One's Own.- 4.2.3 Cambridge Economic Policy Review: One Crowded Hour of Glorious Life.- 4.3 Seminars.- 4.3.1 Cambridge Economic Club-A Marshallian Precursor: 1884-1890, 1896-?.- 4.3.2 Political Economy Club: From Keynes to Robertson to Kahn-Dazzling to Dour.- 4.3.3 The Marshall Society: A Socialisation into Economics and Its Purposes.- 4.3.4 Piero Sraffa's Research Students Seminar: A Precocious Nursery.- 4.3.5 In Retrospect, Austin Robinson on the Cambridge Circus: The Engine Room of The General Theory.- 4.3.6 Cambridge-LSE Joint Seminar: Jousting Juniors.- 4.3.7 Kahn's 'Secret' Seminar at King's: Fires in the Kitchen.- 4.3.8 The Richard Stone Common Room: Typhoo and Typhoons.- 4.3.9 Ajit Singh's Political Economy Seminar at Queens': Young Turks.- 4.3.10 Arestis and Kitson Political Economy Seminar at St. Catherine's College.- 4.3.11 Hahn's Churchill Seminar: OnlyMaths and Neoclassicals, Others Beware.- 4.3.12 Cambridge Growth Project Seminar at DAE.- 4.3.13 Hahn's 'Quaker' Risk Seminar: The Rising Tide.- 4.3.14 Matthews's CLARE Group: The Master's Lodge of Moderate Practitioners.- 4.3.15 Lawson-Realism and Social Ontology: Ways of Seeing and Framing.- 4.4 Textbooks.- 4.4.1 Distant Thunder: Keynes and McCarthy, Tarshis and Samuelson.- 4.4.2 Lawrence Klein and the Paradox of The Keynesian Revolution.- Puzzle.- Ph.D.-At Samuelson's Feet.- Cowles Commission-The New Dealers.- The Keynesian Revolution: The Extra Chapter- Klein, Then a Closet Marxist?.- Beyond Keynes.- UMich and McCarthyism.- Policy to Forecasting.- Resolution.- 4.4.3 'Death of a Revolutionary Textbook': Robinson and Eatwell.- 4.4.4 An 'Applied Economics' Textbook That Wasn't: Joan and Young Friends.- 4.5 The Battle of Teruel-The Day After.- Appendix 4.1: First off the Blocks: Mabel Timlin's Keynesian Economics, 1942.- References.- 5 The DAE Trilogy.- 5.1 Origins and Evolution.- 5.1.1 Origins.- 5.1.2 Evolution: Substance and Styles.- 5.1.3 Foundations of Stone.- 5.1.4 Reddaway's Method: Eclectic Development.- 5.1.5 Godley: Turbulent Times.- 5.2 End of the Golden Age: The Decade of Discontent.- 5.3 The Trilogy: Discrete Episodes or a Serial Campaign?.- Appendix 5.1: DAE-Finding a Good Home.- References.- 6 Cambridge Economic Policy Group: Beheading a Turbulent Priest.- 6.1 Charged Conjuncture.- 6.1.1 Imbroglios of 1974: Old Versus New Cambridge Versus the Establishment.- 6.1.2 The Enigma of Kahn.- 6.1.3 Kaldor: On Radical Policy Implications of New Cambridge, 1976.- 6.1.4 Cambridge Squabbles: Spillover into Whitehall?.- 6.1.5 Triggering Crisis: The Pivot of the OPEC Price Hikes.- 6.1.6 1979: Enter Margaret Thatcher, Right-Wing, Upfront.- 6.1.7 The Case of the Odd Consensus: The Letter by 364 Economists, 1981.- 6.1.8 Thatcher in the Garage of the Federal Reserve.- 6.1.9 1981: Brixton Riots, Toxteth Fires: "A Concentration of Hopelessness".- 6.1.10 TheCEPG: A Thorn in the Thatcher Hide.- 6.1.11 The Bogey of Import Controls and the Spectre of Bennism.- 6.2 SSRC and CEPG: Dispensing Instant Injustice.- 6.2.1 Posner's Parlour.- 6.2.2 Posner's Process.- 6.3 Epilogue.- 6.3.1 Vengeance.- 6.3.2 The Team Scattered.- 6.3.3 The Model Reincarnated.- 6.3.4 The Rehabilitation of Wynne.- 6.3.5 Wynne Godley: 'My Credo' ....- 6.3.6 The Pacification of the CEPG.- Appendix 6.1: Old Cambridge, New Cambridge, 1974: and All the King's Men.- 1. Letter WG to RFK 23 May 1974. JVR/ vii/228/3/3.- 2. Letter NK to RFK 20 May 1974. JVR/ vii/228/3/14-16.- 3. Letter from RFK and MP to NK 24 May 1974. JVR/vii/228/3/17-20.- 4. Letter from RFK and MP to NK 28 May 1974. JVR/vii/228/3/24.- 5. Letter from FC to RFK 29 May 1974. JVR/7/228/3/25.- 6. Reply from RFK to FC 6 June 1974. JVR/7/228/3/24.- 7. In the interim, NK replied to RFK and MP. JVR/7/228/3/26.- 8. Letter from NK to RFK. RFK/12/2/132/3.- References.- 7 'Unintended' Collateral Damage? The Cambridge EconomicPolicy Group and the Joseph-Rothschild-Posner SSRC Enquiry, 1982.- 7.1 Joseph-Rothschild-Posner-Godley.- 7.2 The Posner-the-Saviour Narrative.- 7.3 Setting Up the Enquiry.- 7.4 Who Proposed Rothschild?.- 7.5 Rothschild Report Writing Process.- 7.6 The Judgement of Rothschild.- 7.7 Between Draft and Release and Response: Handshakes and Cigars.- 7.8 Did Posner Get Away with Just a Change of Name?.- 7.9 CEPG-Collateral Damage? Or, Traded Down the River?.- 7.10 The Rothschild Report: Gleanings on Macroeconomic Modelling.- 7.11 Lord Kaldor-Off the Record, Off the Cuff, Off the Mark?.- 7.12 Lord Harris' Vitriol.- 7.13 Catholicity and Independence.- 7.14 Rothschild's Last Word.- 7.15 Joseph's Last Laugh.- References.- 8 Cambridge Growth Project: Running the Gauntlet.- 8.1 Background and Conjuncture.- 8.1.1 The Decision.- 8.2 Substantive Issues.- 8.2.1 No Innovation?.- 8.2.2 Catholicity, Turnover and the Value of Disaggregation.- 8.2.3 Use of Input-Output Tables.- 8.2.4 CGP Presence in PolicyDebates.- 8.2.5 Insularity.- 8.2.6 On Exploiting the Cheap Labour of Graduate Students.- 8.3 Issues of Procedural Probity.- 8.3.1 Shifting Goalposts Across Evaluations.- 8.3.2 Unequal Application of Criterion of Commercial Funding.- 8.3.3 Public Good or Private Resource?.- 8.3.4 ESRC Ignored CGP Model Performance: Why?.- 8.3.5 Compromised 'Independent' Evidence.- 8.4 Other Concerns.- 8.4.1 'Reds'?.- 8.4.2 Crowding Out Competitors?.- 8.4.3 Deadweight Loss of Built-up Intellectual Capital.- 8.4.4 Gratuitously Offensive: Up Close and Out of Order.- 8.4.5 The Consortium: 'Revived Talk of Conspiracy Theory'.- 8.4.6 In Defence, a Lone Voice, Overruled.- 8.5 Epilogue: CGP-Life After Death?.- Appendix 8.1: CGP Staff Members, Timeline 1960-1987.- Appendix 8.2: Publications of CGP Staff.- References.- 9 The DAE Review 1984-1987: A Four-Year Inquisition.- 9.1 The Campaign of Attrition.- 9.1.1 Occluded Origins.- 9.1.2 Two Stages, Two Committees.- 9.2 The Orthodox Gambit.- 9.2.1 The Agenda Revealed.-...

Details
Erscheinungsjahr: 2023
Fachbereich: Volkswirtschaft
Genre: Recht, Sozialwissenschaften, Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Taschenbuch
Reihe: Palgrave Studies in the History of Economic Thought
Inhalt: 2 Taschenbücher
ISBN-13: 9783030930219
ISBN-10: 3030930211
Sprache: Englisch
Ausstattung / Beilage: Paperback
Einband: Kartoniert / Broschiert
Autor: Saith, Ashwani
Auflage: 1st ed. 2022
Hersteller: Springer International Publishing
Springer International Publishing AG
Palgrave Studies in the History of Economic Thought
Maße: 235 x 155 x 68 mm
Von/Mit: Ashwani Saith
Erscheinungsdatum: 13.11.2023
Gewicht: 1,898 kg
Artikel-ID: 127838219
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