Journal of Economic Issues

1967 - 2025

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Volume 29, issue 4, 1995

John R. Commons’s Puzzling Inconsequentiality as an Economic Theorist pp. 991-1012

Yngve Ramstad

Veblenian Institutionalism: The Changing Concepts of Inquiry pp. 1013-1027

William M. Dugger

The Economic Roots of Environmental Decline: Property Rights or Path Dependence? pp. 1029-1043

Eban Goodstein

Aggressive Greenhouse Gas Policies: How They Could Spur Economic Growth pp. 1045-1062

Mark R. Greer

The Restructuring of the Hospital Services Industry pp. 1063-1081

Jack Reardon and Laurie Reardon

An Instrumentalist Critique of “Cost-Utility Analysis” pp. 1083-1096

William Hildred and Fred Beauvais

Institutional Bias, Risk, and Workers’ Risk Aversion pp. 1097-1118

Chris Doucouliagos

The Culture-of-Poverty Thesis and African Americans: The Work of Gunnar Myrdal and Other Institutionalists pp. 1119-1132

Robert Cherry

Pigou’s Influence on Clark: Work and Welfare pp. 1133-1145

Donald Stabile

Markets and Power pp. 1147-1170

Eric Schutz

Economic Growth versus Economic Development: Toward a Conceptual Clarification pp. 1171-1188

Richard Brinkman

Ayres on Institutions–A Reconsideration pp. 1189-1196

Philip A. Klein

Comment on T. Larson and P. Ong, “Imbalance in Part-Time Employment” pp. 1197-1201

Lonnie Golden

A Critique of the Contingent Labor Thesis: A Reply to “Comment on T. Larson and P. Ong, Imbalance in Part-Time Employment” pp. 1201-1211

Tom Larson and Paul M. Ong

The Unfashionable Elegance of Tsuru’s Unorthodox Economics: An Essay on Institutional Economics Revisited and Japan’s Capitalism pp. 1213-1230

K. (Vela) Velupillai

Views on Economic Order and Evolution pp. 1231-1240

Glen Atkinson

Editor’s Notes pp. 1241-1241

The Editors

The United Nations at the Crossroads of Reform pp. 1243-1246

Anthony E. Scaperlanda

Evolutionary Concepts in Contemporary Economics pp. 1247-1249

William Waller

Activist Unionism, the Institutional Economics of Solomon Barkin pp. 1249-1250

Roger Bowlby

International Organization and Industrial Change pp. 1250-1252

Ken Dennis

Rethinking the Development Experience: Essays Provoked by the Work of Albert O. Hirschman: Development Projects Observed pp. 1253-1256

George Rosen

The Role of Economic Theory pp. 1257-1258

Randall Bartlett

Strong Managers, Weak Owners: The Political Roots of American Corporate Finance pp. 1258-1260

Eric Hake

The Uma-Economy: Indigenous Economics and Development Work in La Wonda, Sumba (Eastern-Indonesia) pp. 1260-1262

John Lodewijks

Development from Within: Towards a Neostructuralist Approach for Latin America pp. 1263-1264

Dilmus D. James

Index Volume XXIX – 1995 pp. 1265-1271

The Editors

Volume 29, issue 3, 1995

The Criticism of Modern Civilization pp. 663-666

Wesley C. Mitchell and Malcolm Rutherford

“The Criticism of Modern Civilization” Introduction to the Program of the Kosmos Club for 1909-10 pp. 666-682

Wesley C. Mitchell

Post-Lange Market Socialism: An Evaluation of Profit-Oriented Proposals pp. 683-717

James A. Yunker

Uncertainty, Competition, and Speculative Finance in the Eighties pp. 719-746

Don Goldstein

Sir Robert Giffen and the Great Potato Famine: A Discussion of the Role of a Legend in Neoclassical Economics pp. 747-759

Terrence McDonough and Joseph Eisenhauer

Naturalism in Economics pp. 761-780

William Jackson

Marx, Dewey, and the Instrumentalist Approach to Political Econony pp. 781-805

Steve Shuklian

Toward a “General Theory” of Market Exchange pp. 807-828

Robert E. Prasek

Understanding Job Quality in an Era of Structural Change: What Can Economics Learn from Industrial Relations? pp. 829-841

Dell Champlin

Comparison of the Corporate Decision Networks of Nebraska and the United States pp. 843-869

Kurt Stephenson and F. Gregory Hayden

Interpersonal Effects on Consumer Demand in Economic Theory and Marketing Thought, 1890-1950 pp. 871-881

Roger Mason

Gradualism in China’s Economic Reform and the Role for a Strong Central State pp. 883-895

Leong H. Liew

The NAIRU Delusion pp. 897-909

George P. Brockway

A Restoration of Significance pp. 910-915

Jonathan Larson

Reflections on the Intellectual Context and Significance of Thorstein Veblen pp. 915-922

Warren Samuels

A Comment on High Social Expenditures in Hungary pp. 923-927

Ildikó Ékes

Inside an Emerging Financial Market: System Design and Regulation for a Roller-Coaster pp. 929-938

Andrew J. Cornford

Editor’s Notes pp. 939-939

The Editors

Evolutionary and Neo-Schumpeterian Approaches to Economics pp. 941-944

Geoffrey Hodgson

Institutions in Economics pp. 944-949

Janet T. Knoedler

Post Keynesian Macroeconomic Theory; A Foundation for Successful Economic Policies for the Twenty-First Century pp. 949-954

Wallace C. Peterson

Economic Thought and Discourse in the Twentieth Century pp. 954-955

A. W. Coats

Forecasting Financial and Economic Cycles pp. 956-957

Howard J. Sherman

Beyond Dissent. Essays in Institutional Economics pp. 957-960

Baldwin Ranson

The Economic Status of Women under Capitalism pp. 960-962

Sherryl Davis Kasper

The Pathology of the U.S. Economy: The Costs of a Low Wage System pp. 963-965

Brent McClintock

Frame Reflection: Toward the Resolution of Intractable Policy Controversies pp. 965-968

Peter B. Meyer

The Greening of Agricultural Policy in Industrial Societies: Swedish Reforms in Comparative Perspective pp. 968-970

Andrew Larkin

Imperfect Alternatives: Choosing Institutions in Law, Economics, and Public Policy pp. 971-973

Allan Schmid

The Art of Monetary Policy pp. 973-975

C. Louise Nelson

Projecting Capitalism: A History of the Internationalization of the Construction Industry pp. 976-978

W. Paul Strassmann

Non-Natural Social Science: Reflecting on the Enterprise of More Heat than Light pp. 978-982

Brian Eggleston

Books Received pp. 983-989

The Editors

Volume 29, issue 2, 1995

Introduction of Award Recipient: Warren Samuels pp. 339-341

Harry M. Trebing

The Making of a Relativist and Social Constructivist pp. 343-358

Warren Samuels

Instrumentalist Policymaking: Policy Criteria in a Transactional Context pp. 360-384

F. Gregory Hayden

Transaction Cost Theories of Business Enterprise from Williamson and Veblen: Convergence, Divergence, and Some Evidence pp. 385-395

Janet T. Knoedler

Institutional Economics and Neoclassicism in the Early Twentieth Century: The Role of Physics pp. 397-406

William T. Ganley

Culture: Core Concept Reaffirmed pp. 407-418

Ann Jennings and William Waller

International Trade and Child Labor pp. 419-426

Baban Hasnat

Reassessing Comparative Advantage: The Impact of Capital Flows on the Argument for Laissez-Faire pp. 427-433

Robert Prasch

Technology and the Terms of Trade: Considering Expectational, Structural, and Institutional Factors pp. 435-442

Johan Deprez

The Old and the New Institutionalism: Can Bridges Be Built? pp. 443-451

Malcolm Rutherford

Douglass C. North’s New Institutionalism pp. 453-458

William M. Dugger

Institutions and the Significance of Relative Prices pp. 459-466

J. R. Stanfield

On Integrating New and Old Institutionalism: Douglass North Building Bridges pp. 467-475

John Groenewegen, Frans Kerstholt and Ad Nagelkerke

The Impact of Financial Flows on U.S. Investment, 1948-1992: An Empirical Model of Institutional Investment Theory pp. 477-491

David Carrier and Lawrence Marsh

The International Monetary System and Exchange Rate Determination: 1945 to the Present pp. 493-502

John Harvey

Instruments and Institutions of Industrial Policy at the Regional Level in Germany: The Example of Industrial Defense Conversion pp. 503-516

Wolfram Elsner

Raising Environmental Consciousness versus Creating Economic Incentives as Alternative Policies for Environmental Protection pp. 517-524

George D. Santopietro

Nonprofit Organizations and the Institutionalist Approach pp. 525-533

J. Dennis Chasse

The Globalization of Telecommunications: A Study in the Struggle to Control Markets and Technology pp. 535-544

Harry M. Trebing and Maurice Estabrooks

Regulation of On-site Medical Waste Incinerators in the United States and the United Kingdom: Is the Public Interest Being Served? pp. 545-554

Leslie D. Manns

Breaking Down the Walls, Opening up the Field: Situating the Economics Classroom in the Site of Social Action pp. 555-565

Margaret Lewis

For Whom? Institutional Economics and Distributional Issues in the Economics Classroom pp. 567-574

Janice Peterson

Varieties of Capitalism from the Perspectives of Veblen and Marx pp. 575-584

Geoffrey Hodgson

The Origins of Capitalist Markets: Transition in Poland with Comparisons to East Asian Capitalism pp. 585-590

Phillip E. Giffin and Lucien Ellington

The Onset and Persistence of Secular Stagnation in the U.S. Economy: 1910-1990 pp. 591-600

Harold G. Vatter, John F. Walker and Gar Alperovitz

A New Year’s Keynesian Wish: Advice to Clinton in the Mtermath of November 1994 pp. 601-608

L. Randall Wray

Bargaining Models, Feminism, and Institutionalism pp. 609-618

Janet A. Seiz

Female-Headed Families on AFDC: Who Leaves Welfare Quickly and Who Doesn’t pp. 619-628

Carol Dawn Petersen

Child Care Choice in a Lexicographic Framework pp. 629-637

Ellen S. Sloss

Health Reform and the Legal-Economic Nexus pp. 639-649

Mitchell Langbert and Frederick Murphy

Evolutionary Economics in Russia: Report on a Conference pp. 651-661

Warren Samuels

Volume 29, issue 1, 1995

A Realist Perspective on Contemporary “Economic Theory” pp. 1-32

Tony Lawson

Innovating-By-Doing: Skill Innovation as a Source of Technological Advance pp. 33-46

Eric A. Nilsson

Urban Labor Markets and Young Black Men: A Literature Review pp. 47-65

Curtis Skinner

Institutional Changes in Hospital Nursing pp. 67-82

Lisi Krall and Mark J. Prus

Longer Waves in Financial Relations: Financial Factors in the More Severe Depressions II pp. 83-96

Hyman Minsky

The Limits of Neoliberalism: Toward a Reformulation of Development Theory pp. 97-119

Ziya Önis

C. A. Wiley and the Integrated Economy pp. 121-136

Gerald Vaughn

The Association for Evolutionary Economics and the Union for Radical Political Economics: General Issues of Continuity and Integration pp. 137-159

Phillip Anthony O’Hara

The Independence of Central Banks: A Nonconventional Perspective pp. 161-174

Philip Arestis and Keith Bain

The Economist as Mythmaker–Stigler’s Kinky Transformation pp. 175-209

Craig Freedman

The Hidden Barriers of Occupational Segregation pp. 211-222

Mark Haggerty and Colleen Johnson

Private Investment and Democracy in the Developing World pp. 223-243

Manuel Pastor and Jae Ho Sung

A Handbook of Economic Neologisms pp. 245-253

Stelios P. Kafandaris

Technological Paradigms and Strategic Groups: Putting Competition into the Definitions pp. 254-258

Nachoem M. Wijnberg

The Exogeneity of Short-Term Interest Rates: A Reply to Wray pp. 258-266

Basil Moore

“Alternative Approaches to Money and Interest Rates”: A Comment pp. 266-273

Jane Knodell

Keynesian Monetary Theory: Liquidity Preference or Black Box Horizontalism? pp. 273-282

L. Randall Wray

A Comment on Process Time and Coordination pp. 283-285

Bruce R. McFarling

Reply to Bruce R. McFarling pp. 286-290

F. Gregory Hayden

Editor’s Notes pp. 291-292

The Editors

Economic Theory and Natural Philosophy: The Search for the Natural Laws of the Economy pp. 293-296

Brian Eggleston

Economics Without Time: A Science Blind to the Forces of Historical Change pp. 296-300

Geoffrey Hodgson

Learning and Technological Change pp. 300-303

Janet T. Knoedler

History and Historians of Political Economy pp. 303-305

Sherryl Davis Kasper

U.S. Capitalist Development Since 1776: of, by, and for Which People pp. 306-307

C. S. Poirot

Inside the Volcano: The History and Political Economy of Central America pp. 308-310

Jon Jonakin

The New American Workplace: Transforming Work Systems in the United States pp. 310-313

Charles J. Whalen

Sustainable Development for a Democratic South Africa pp. 313-315

Daniel Bromley

Arguing for Basic Income: Ethical Foundations for a Radical Reform pp. 316-318

Doug Brown

Dynamics of the Firm pp. 318-320

Robert T. Averitt

Silent Depression pp. 320-322

Jan Kregel

New Perspectives in Monetary Macroeconomics: Explorations in the Tradition of Hyman P. Minsky pp. 323-326

Philip Arestis

The Elgar Companion to Radical Political Economy pp. 326-328

William M. Dugger

Books Received pp. 329-337

The Editors