Template-type: ReDIF-Article 1.0 Author-Name: Treb Allen Author-Name: Stephen Meardon Title: Reciprocity in Retrospect: A Historical Inquest of Bilateralism in U.S. Trade Policy Abstract: Several varieties of bilateral trade arrangements were tried in the United States from independence to 1909. They included most-favored-nation (MFN) treaties of the conditional and unconditional varieties, MFN treaties in which the conditionality was implicit, preferential trade arrangements, and agreements of a different nature authorized by the McKinley Tariff Act of 1890 and the Dingley Act of 1897. This essay is an inquest of the varieties of U.S. trade arrangements and their effects on bilateral trade flows. It surveys the several varieties, discusses the circumstances of their usage, and uses a gravity model to estimate empirically their effects. The empirical results show that bilateralism?s effects on trade flows are contingent upon its varieties and historical circumstances. Classification-JEL: N71, F13 Keywords: Note: Pages:5-33 Volume: 2012/2 Year: 2012 Issue:2 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=46613&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:spespe:v:html10.3280/SPE2012-002001 Number: 1 Template-type: ReDIF-Article 1.0 Author-Name: Maurizio Pugno Title: Scitovsky?s Theory of Well-being Abstract: Scitovsky laid the foundations for a new theory of people?s well-being in his 1976 book The Joyless Economy. This paper, after a reconstruction of Scitovsky?s analysis throughout the book and his related writings, shows that supporting evidence can be found in recent economic and psychology literature. Secondly, the paper shows how Scitovsky?s theory helps understand the partial nature of economic welfare with respect to human welfare, and the widening gap between the two, which is also recently known in the version given by Easterlin. Thirdly, the paper proposes reconciliation, based on Scitovsky?s theory, between the hedonic and eudaimonic approach to happiness, recently taken up, respectively, by Kahneman and Sen. Classification-JEL: A12, B31, D11, D60, J2 Keywords: Note: Pages:35-56 Volume: 2012/2 Year: 2012 Issue:2 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=46614&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:spespe:v:html10.3280/SPE2012-002002 Number: 2 Template-type: ReDIF-Article 1.0 Author-Name: Marina Bianchi Title: A Joyful Economist. Scitovsky?s Memoirs Abstract: Few economists choose to write memoirs, and of those who do most adopt the "logic of my contributions? approach. Tibor Scitovsky, Hungarian-born theorist who spent most of his career at Stanford and Berkeley, instead left us unpublished recollections, many of his childhood, others bearing on his personal philosophy (and shift therein) - of teaching, of the role of economic theory, of its imperfections. By their nature these Memoirs give us glimpses into his nimble, original thinking, without being weighed down with considerations of priority, answering critics, and so on. The paper tries to capture this spirit, frequently in Scitovsky?s own words. Classification-JEL: B30, B31 Keywords: Note: Pages:57-73 Volume: 2012/2 Year: 2012 Issue:2 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=46615&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:spespe:v:html10.3280/SPE2012-002003 Number: 3 Template-type: ReDIF-Article 1.0 Author-Name: Harald Hagemann Title: Symposium on Adolphe Landry Abstract: Classification-JEL: Keywords: Note: Pages:75-76 Volume: 2012/2 Year: 2012 Issue:2 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=46616&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:spespe:v:html10.3280/SPE2012-002004 Number: 4 Template-type: ReDIF-Article 1.0 Author-Name: Richard Arena Author-Name: Harald Hagemann Title: Adolphe Landry and Otto Effertz: Lessons from a Debate Abstract: In his work Arbeit und Boden (Labor and Land) (1889) Otto Effertz outlined the foundations of a "Ponophysiocracy". This book which in its final, strongly modified version Les Antagonismes ?conomiques was published in 1906, had a stronger impact on Adolphe Landry, who praises as well as criticizes the work of the German author who spent a greater part of his life in Paris. Both economists were strongly interested in the conflict between the private and the social interest. They belong to the small group of socialists who early on took notice of the development of marginalism in their economic theories but, in contrast to Walras and Pareto, did not enter into a mathematical analysis. Classification-JEL: B13, B31 Keywords: Note: Pages:77-94 Volume: 2012/2 Year: 2012 Issue:2 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=46617&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:spespe:v:html10.3280/SPE2012-002005 Number: 5 Template-type: ReDIF-Article 1.0 Author-Name: Claire Baldin Author-Name: Ludovic Ragni Author-Name: Paul-Marie Romani Title: Competition and Justice in the Works of Adolphe Landry and L?on Walras Abstract: This article revisits the reasons why Leon Walras did not give enough consideration to the economic and social analysis of Adolphe Landry. Both were fervent defenders of socialism and their recommendations for social economics are based on thorough economic analysis. We show that Walras did not evaluate Landry?s work fairly because of various methodological inconsistencies and different assessments of the forms of competition and resulting rules related to distributive justice. Classification-JEL: B1, B13, B24, B40 Keywords: Note: Pages:95-114 Volume: 2012/2 Year: 2012 Issue:2 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=46618&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:spespe:v:html10.3280/SPE2012-002006 Number: 6 Template-type: ReDIF-Article 1.0 Author-Name: Robert W. Dimand Title: Adolphe Landry and Irving Fisher on Circulation and Interest Abstract: In the two decades before World War I, Irving Fisher and his French contemporary Adolphe Landry presented and extended Boehm-Bawerk?s theory capital and interest, although both of them criticized Boehm-Bawerk?s concept of an average period of production. They analyzed each other?s work on interest theory in books reviews and books. They both attempted to construct an operationally meaninful version of the quantity theory of money, with Fisher building explicitly on early studies by Landry and Pierre des Essars in France and by Edwin Kemmerer and David Kinley in the US. Classification-JEL: B13; B31 Keywords: Note: Pages:115-123 Volume: 2012/2 Year: 2012 Issue:2 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=46619&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:spespe:v:html10.3280/SPE2012-002007 Number: 7 Template-type: ReDIF-Article 1.0 Author-Name: Heinz D. Kurz Title: Adolphe Landry?s Theory of Profits Abstract: The paper provides a critical assessment of Adolphe Landry?s contributions to the theory of capital and interest. His analysis represents one among several variants of marginal productivity theory. The distinguishing feature of his variant is that he considers entrepreneurship a scarce factor of production alongside with the usual factors labour, land and capital. He thus tries to put entrepreneurship - the innovative agens, as Schumpeter saw it - into the Procrustean bed of marginalist theory. It is not clear whether Landry?s combination of various ideas to be found in the contemporary literature generates a coherent whole, because his argument is often suggestive and vague and lacks analytical rigour. Classification-JEL: B13, B31, D24, D33 Keywords: Note: Pages:125-140 Volume: 2012/2 Year: 2012 Issue:2 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=46620&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:spespe:v:html10.3280/SPE2012-002008 Number: 8 Template-type: ReDIF-Article 1.0 Author-Name: Legrand Muriel Dal-Pont Author-Name: Dominique Torre Author-Name: Elise Tosi Title: Adolphe Landry: Monetary Stability and the Financing of Industrial Development Abstract: It is not so much known that before being a famous demographer Landry first contributed to political economy. Several scholars such as Edmund Malinvaud emphasized that it is not in doubt that Landry "revealed himself as a gifted theoretician". Supporting this view, the objective of this paper is to explain what were the initial monetary views developed by Landry and how he was influenced by different (and also non-orthodox) theoretical approaches. The gradual but also clear change we can observe in his monetary view was not only due to his theoretical lectures: as a public man, politically engaged, he was deeply influenced by his need to solve pragmatic issues. His efforts to reconcile his theoretical knowledge with his pragmatism led him to develop stimulating views on the then contemporary monetary theoretical questions. Classification-JEL: B10, B13 Keywords: Note: Pages:141-158 Volume: 2012/2 Year: 2012 Issue:2 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=46621&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:spespe:v:html10.3280/SPE2012-002009 Number: 9 Template-type: ReDIF-Article 1.0 Author-Name: n.d. Title: Recensioni Abstract: Classification-JEL: Keywords: Note: Pages:159-184 Volume: 2012/2 Year: 2012 Issue:2 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=46622&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:spespe:v:html10.3280/SPE2012-002010 Number: 10 Template-type: ReDIF-Article 1.0 Author-Name: Stavros A. Drakopoulos Title: Anastassios Karayiannis (1955-2012): Academic Economist and Scholar Abstract: Classification-JEL: Keywords: Note: Pages:185-191 Volume: 2012/2 Year: 2012 Issue:2 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=46623&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:spespe:v:html10.3280/SPE2012-002011 Number: 11 Template-type: ReDIF-Article 1.0 Author-Name: Steven G. Medema Title: Textbooks as Data for the Study of the History of Economics: Lowly Beast or Fruitful Vineyard? Abstract: Historians of economics have paid minimal attention to the diffusion of economic ideas in the textbook literature. Given the low esteem in which textbooks are held as embodiments of scholarship and the propensity of historians of economics - and intellectual historians generally - to focus on the production of scholarship through more lofty venues such as journal articles and scholarly books, this lack of attention to the textbook literature is in some ways understandable. This article argues that the textbook literature constitutes an incredibly rich data source for the historian of economics. In doing so, it offers illustrations from the treatment of the Coase theorem in the textbooks, with a view both to showing how the textbook literature enhances our understanding of the diffusion of economic ideas and how attempts by authors to grapple with new ideas in the context of the textbook literature can result in divergences between how these ideas are treated in the scholarly and textbook literatures. Classification-JEL: B0 Keywords: Note: Pages:193-207 Volume: 2012/2 Year: 2012 Issue:2 File-URL:http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=46624&Tipo=Articolo PDF File-Format: text/HTML Handle: RePEc:fan:spespe:v:html10.3280/SPE2012-002012 Number: 12