Journal of Economic Issues articles from September 2003

Journal of Economic Issues archives from September 2003

Keynes and Commons on money.
September 1, 2003... Post Keynesians and institutionalists share several common ideas. As Robert Keller showed, they have the same conception of time, money, and society (1983). Because time is historical, it implies that decisions are irreversible and that...

From parents to children: intra-household altruism as institutional behavior.
September 1, 2003... The role of parental nurturing has not received adequate emphasis in economics. Not-withstanding a society's complementary investment in schools, healthcare, and other vehicles of human capital formation, very few will contest the fact that...

Dollarization in Latin America: wave of the future or flight to the past?
September 1, 2003... Latin American economic policy during the 1990s was guided by the "Washington consensus," which embodied the orthodox model's espousal of free trade and economic liberalization (Williamson 1990). Macroeconomic performance improved over the lost...

Teaching the principles of economics: a proposal for a multi-paradigmatic approach.
September 1, 2003... In recent years, many "mainstream" economic educators have expressed concern over the decline in the number of economics majors as well as overall enrollments in economics. This concern has prompted some mainstream academic economists to...

Social structure in economic theory.
September 1, 2003... Social structure is a core concept in most social sciences, but it has never quite had this status in economics. Much economic theory, especially the orthodox variety, keeps away from structural methods and makes little or no reference to...

Economic sociology and embeddedness: how shall we conceptualize economic action?
September 1, 2003... One of the most persistent themes within economic sociology has been the critical assessment of economics. More precisely, economic sociology finds a unifying denominator in its critique of modeling strategies which proceed from the notion of...

The Color of Credit: Mortgage Discrimination, Research Methodology, and Fair-Lending Enforcement.(Book Review)
September 1, 2003... The Color of Credit: Mortgage Discrimination, Research Methodology, and Fair-Lending Enforcement, by Stephen L. Ross and John Yinger. Cambridge, Mass., and London: The MIT Press. 2002. Cloth, ISBN 0262182289, $39.95. 432 pages. Stephen...

Networking Knowledge for Information Societies: Institutions and Intervention.(Book Review)
September 1, 2003... edited by Robin Mansell, Rohan Samarajiva, and Amy Mahan. Delft, the Netherlands: Delft University Press. ISBN 9040723001, $77.50. 405 pages. This book is a Festschrift for William Melody, who retired in 2002 as professor of economics of...

Insatiable Is Not Sustainable.(Book Review)
September 1, 2003... Insatiable is Not Sustainable by Doug Brown. Westport, Conn.: Praeger Publishers. 2002. ISBN 0275974162, $22.00. 232 pages. As the title of this book suggests, an economy based upon attempts to satisfy insatiable wants is doomed to be...

The Greening of Business in Developing Countries: Rhetoric, Reality, and Prospects.(Book Review)
September 1, 2003... The Greening of Business in Developing Countries: Rhetoric, Reality, and Prospects edited by Peter Utting. London: Zed Books. 2002. Cloth, ISBN 1842770888, $69.95; paper, $27.50. 312 pages. The behavior and consequences of business...

Richard T. Ely: The Story of Economics in the United States.(Book Review)
September 1, 2003... Richard T. Ely: The Story of Economics in the United States edited by Warren J. Samuels. Research in the History of Economic Thought and Methodology, vol. 20-C. Oxford: Elsevier Science Ltd. 2002. Cloth, ISBN 0762307943, $95.00. 322 pages. ...

A New Guide to Post Keynesian Economics.(Book Review)
September 1, 2003... A New Guide to Post Keynesian Economics, edited by Richard P. F. Holt and Steven Pressman. London and New York: Routledge. 2001. Paper, ISBN: 0415229820, $34.95. 134 pages. In the 1970s, macroeconomic troubles ended the dominance of...

Capitalist Development in the Twentieth Century: An Evolutionary-Keynesian Analysis.(Book Review)
September 1, 2003... Capitalist Development in the Twentieth Century: An Evolutionary-Keynesian Analysis, by John Cornwall and Wendy Cornwall. Cambridge: Cambridge University Press. 2001. Cloth, ISBN 0521341493, $60.00. 302 pages. It is ironic that, having...

Financial Markets, Money, and the Real World.(Book Review)
September 1, 2003... Financial Markets, Money, and the Real World, by Paul Davidson. Northampton, Mass.: Edward Elgar. 2002. Cloth, ISBN 184064740X, $95.00. 265 pages. Financial Markets, Money, and the Real World is a compilation of much of Paul Davidson's...

The High Price of Materialism.(Book Review)
September 1, 2003... The High Price of Materialism, by Tim Kasser. Cambridge: The MIT Press. 2002. Cloth, ISBN 026211268X, $24.95. 149 pages. Arguably, there is no more important economic issue than the one addressed in Tim Kasser's book, The High Price of...

Technological Revolutions and Financial Capital: The Dynamics of Bubbles and Golden Ages.(Book Review)
September 1, 2003... Technological Revolutions and Financial Capital: The Dynamics of Bubbles and Golden Ages, by Carlota Perez. Edward Elgar. 2002. ISBN 1840649224. 182 pages + index. If you are interested in business and economic cycles and in explanations...

Veblen and Modern America: Revolutionary Iconoclast.(Book Review)
September 1, 2003... Veblen and Modern America: Revolutionary Iconoclast, by Michael Spindler. London: Pluto Press. 2002. Cloth, ISBN 0745309607, $69.96; paper, ISBN 0745309593, $20.00. 184 pages. The importance and influence of Thorstein Veblen's contribution...

Globalising Intellectual Property Rights: The TRIPs Agreement.(Book Review)
September 1, 2003... Globalising Intellectual Property Rights: The TRIPs Agreement, by Duncan Matthews. London: Routledge. 2002. Cloth, ISBN 041522327X, $80.00. 202 pages. Duncan Matthews explores the role of global corporate actors, multinational companies,...

The Myth of Ownership: Taxes and Justice.(Book Review)
September 1, 2003... The Myth of Ownership: Taxes and Justice, by Liam Murphy and Thomas Nagel. New York: Oxford University Press. Cloth, ISBN 0-19-515016-3, $25.00. 228 pages. Fight until death over taxes? Oh, no. Women, country, God, things like that. Taxes?...

Books received.(Bibliography)
September 1, 2003... ACS, ZOLTAN J. Handbook of Entrepreneurship Research: An Interdisciplinary Survey and Introduction. Dordrecht, The Netherlands: Kluwer Academic Publishers, 2003. Pp. 560. Cloth $169.00. ALLEN, DOUGLAS W., and DEAN LUECK. The Nature of the...

In memory.(David Dale Martin)(Obituary)
September 1, 2003... David Dale Martin 1925-2003 Professor David Dale Martin, a founding member of the Association for Evolutionary Economics and its president in 1978, died January 19, 2003, in Bloomington, Indiana. Dr. Martin attended the University of...