A winding path : Goodwin’s early perspective on modeling capitalism. The archives shed light on the nature of his project and its relationship with Schumpeter.
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In this post, we close a three-part series on the origins of the Econometric Society (how it all began ?) and how Econometrics is born in Cleveland in December 1930.
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In this second post of a three-part series (how it all began ?) we look at Frisch's second step in founding the Econometric Society.
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In this first post of a three-part series (how it all began ?), we tell the story of the founding of the Econometric Society and highlight the role played by the young Norwegian Ragnar Frisch (Nobel laureate in 1969).
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In search for new cosmologies in economics. On the origins of Axel Leijonhufvud's corridor of stability hypothesis. Have a look if you want to know more about the vision of central bankers !
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It is not enough to prime the pump ! Samuelson on Roosevelt's fiscal policy and the 1939 multiplier-accelerator model.
Have fun simulating different economic trajectories highlighted by Samuelson !
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Diving into the world of the Polish Marxist macroeconomist Michal Kalecki. A model full of paradoxes where capitalists earn what they spend but are not master of their fate.
"If you ride to the left, you will lose your horse, if you ride to the right, you will lose your head".
Why Jan Tinbergen chose to go along the macrodynamic road and to turn away from the Walrasian equilibrium path:
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In this post, we tell the story of the Dutch engineer Ludwig Hamburger, who saw the first the possibility to resort to Relaxation-Oscillations for exploring new kind of economic instabilities. Have fun making playful manipulations of a non-linear system !
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The Amazing Alvin Hansen post 2 ! After having shown how hansen trained a whole generation of economists, we continue here to analyse the role he played in american economic policy from the second world war to the 1960s. All comments are welcome !
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The Amazing Alvin Hansen ! In this new post, we highlight the role of the american economist Alvin Hansen in reshaping Harvard's economics in the late 1930s. All comments are welcome.
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Pour ce nouvel post, nous abordons les travaux de Jan Tinbergen. 1er Nobel d'économie et père de l'économétrie, il développe en 1936 un modèle non linéaire d'effondrement économique. Amusez vous à effondrer une économie avec la simulation dans l'article!
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