Journal of Economic Issues

1967 - 2025

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Volume 26, issue 4, 1992

European Contributions to Institutional Thought: An Introduction pp. 1003-1005

Anne Mayhew and Sven-Erik Sjöstrand

On the Rationale behind “Irrational” Institutions pp. 1007-1040

Sven-Erik Sjöstrand

Wage Bargaining Institutions, Adaptability, and Structural Change: The Swedish Experience pp. 1041-1061

Ramana Ramaswamy

The European Market for Aviation: A Sociological Inquiry into the Political Economy of a Complexly Organized Market pp. 1063-1094

Atle Midttun

COllstructing the Economic Spectacle: The Role of Currency Union in the German Unification Process pp. 1095-1115

Otto Singer

Private Policies and the Autonomy of Enterprise: Danish Local and National Industrial Policy pp. 1117-1144

Ove K. Pedersen, Niels Å. Andersen and Peter Kjaer

Alternative Approaches to Money and Interest Rates pp. 1145-1178

L. Randall Wray

The Coase Theorem as a Negative Externality pp. 1179-1189

E. Ray Canterbery and Akbar Marvasti

Distribution of Lifetime Income Allowing for Varying Mortality Rates among Women, Men, Blacks, and Whites pp. 1191-1220

J. Paul Leigh

Institutional Economics in China: Yenching University, 1917-1941 pp. 1221-1255

Paul B. Trescott

Erratum pp. 1257-1258

The Editors

Verification in Economics and History: A Sequel to “Scientifization.” pp. 1259-1262

Steven Medema

Afrer Marx and Sraffa: Essays in Political Economy pp. 1262-1266

Christopher J. Niggle

Antitrust Economics on Trial: A Dialogue on the New Laissez-Faire pp. 1267-1268

Michael F. Sheehan

Eisenhower and the Management of Prosperity pp. 1268-1271

Ann Mari May

Morality, Rationality, and Efficiency: New Perspectives on Socio-Economics pp. 1271-1275

Timothy Brennan

The Market Experience pp. 1275-1277

Geoffrey Hodgson

A Modern Guide to Economic Thought pp. 1277-1280

Lafayette G. Harter

The End of Economic Man: Principles of any Future Economics pp. 1280-1282

Cynthia M. Browning

Beyond Interdependence: The Meshing of the World’s Economy and the Earth’s Ecology pp. 1282-1285

Gerald F. Vaughn

Beyond Keynesianism. The Socio-Economics of Production and Full Employment pp. 1285-1287

Christopher Brown

The Radical Right and the Welfare State: An International Assessment pp. 1287-1289

William M. Dugger

Antitrust, Innovation, and Competitiveness pp. 1290-1293

Janet T. Knoedler

Keynes’s General Theory and Accumulation pp. 1294-1298

Paul Davidson

The Joan Robinson Legacy pp. 1299-1301

W. Robert Brazelton

The Labor Market as a Social Institution pp. 1301-1303

Vernon M. Briggs

The Role of Banks in the Interwar Economy pp. 1303-1305

Jane Knodell

Electronic Money Flows: The Molding of a New Financial Orde pp. 1305-1309

George D. Choksy

If You’re so Smart: The Narrative of Economic Expertise pp. 1310-1313

Margaret Lewis

Capital Ideas: The Improbable Origins of Modern Wall Street pp. 1313-1316

Robert Frasch

Volume XXVI – 1992 pp. 1317-1325

The Editors

Volume 26, issue 3, 1992

Market Institutions, East European Reform, and Economic Theory pp. 673-705

Rey Koslowski

Legal Foundations of the Market: Implications for the Formerly Socialist Countries of Eastern Europe and Africa pp. 707-732

Allan Schmid

Some Considerations on the Causes of Structural Change in Financial Markets pp. 733-747

Jan Kregel

The Reconstruction of Economics: Is There Still a Place for Neoclassical Theory? pp. 749-767

Geoffrey Hodgson

The Structure of Electric Utility Least Cost Planning pp. 769-789

David Berry

Symbolic Interactionism and Institutionalism: Common Roots pp. 791-812

John Harvey and Michael A. Katovich

F. H. Knight on Capitalism and Freedom pp. 813-844

R. A. Gonce

The Political Economy of Latin America: The Colombian Experience during the 1980s pp. 845-864

Alberto Supelano

Keynes’s Principle(s) of Effective Demand: Redefining His Revolution pp. 865-890

Richard X. Chase

The Implication of “Process” pp. 891-899

Wendell Gordon

A Note on Gary Becker’s Use of Metaphor pp. 900-904

Neva Seidman Makgetla

John R. Commons and Endogenous Money: A Comment on Niggle pp. 904-907

Charles J. Whalen

Editor’s Notes pp. 909-910

The Editors

Institutional Economics in the Nordic Countries pp. 911-914

Peter Soderbaum

Environment, Growth, and Sustainability pp. 915-919

John Groenewegen, Wicher Schreuders and Kees Van Paridon

Serious and Unstable Condition: Financing America’s Health Care pp. 921-923

R. Larry Reynolds

Evolutionary Economics: A Study of Change in Economic Thought pp. 923-925

Wendell Gordon

Looking Forward: Participatory Economics for the Twenty First Century pp. 925-929

Doug Brown

Controversies in Post Keynesian Economics pp. 929-933

L. Randall Wray

European Integration, the Role of Technology pp. 933-935

John Ghoenewegen

The Economic Consequences of the Vietnam War pp. 935-938

Steven Pressman

Why Aren’t Economists as Important as Garbage Men? Essays on the State of Economics pp. 938-941

David A. Martin

Assets and the Poor: A New American Welfare Policy pp. 941-945

David Hamilton

Providing Food Security for All; Politics and Poverty: A Critique of the Food and Agriculture Organization of the United Nations pp. 946-949

Thomas R. Degregori

Human Capital and America’s Future: An Economic Strategy for the ’90s; Keeping College Affordable: Government and Educational Opportunity pp. 950-953

Janice Peterson

Defense Expenditures, Industrial Conversion and Local Employment pp. 953-955

Emil Friberg

Bureaucracy, Economy, and Leadership in China: The Institutional Origins of the Great Leap Forward pp. 956-958

Jerry L. Petr

Political Economy and American Capitalism pp. 958-961

Glen Atkinson

Parallel Politics: Economic Policy Making in Japan and the United States pp. 961-963

Harold G. Vatter

Reinventing Rationality: The Role of Regulatory Analysis in the Federal Bureaucracy pp. 963-966

Timothy Brennan

Value-Free Science? Purity and Power in Modern Knowledge pp. 966-968

E. E. Liebhafsky

Cooperation for International Development: The United States and the Third World in the 1990s pp. 968-971

Dilmus James

Books Received pp. 973-1001

The Editors

Volume 26, issue 2, 1992

Introduction of Award Recipient: Wallace C. Peterson pp. 333-336

Harry M. Trebing

What Is to Be Done? pp. 337-348

Wallace C. Peterson

Nature, Hammers, and Picasso pp. 350-364

James I. Sturgeon

Sharecropping Chicago Style: The Oppressed Landlord and the Inefficient Peasant pp. 365-372

James Peach and Kenneth Nowotny

Overcoming Underdevelopment: What Has Been Learned from the East Asian and Latin American Experiences? pp. 373-383

James L. Dietz

Rural-Urban Migration and Underemployment among Females in the Brazilian Northeast pp. 385-395

Peter J. Eaton

The Corporation versus the Market pp. 397-405

John Adams

Can Privatization Be Inefficient?: The Case of the Chesapeake Bay Oyster Fishery pp. 407-419

George D. Santopietro and Leonard Shabman

The European Community and Multinational Enterprises: Lessons in the Social Control of Industry pp. 421-432

Anthony Scaperlanda

Financial Innovations and Veblen’s Theory of Financial Markets pp. 433-440

J. Patrick Raines and Charles G. Leathers

Public Policy and the Economic Status of Women in the United States pp. 441-448

Janice Peterson

JOBS for Welfare Recipients: A Promising Program Faces Many Problems pp. 449-456

Carol Dawn Petersen

An Institutionalist Critique of Sraman Economics pp. 457-468

Charles M. A. Clark

The Individual in a Going Concern pp. 469-476

Glen Atkinson and Mike Reed

Rickshaws, Treadmills, Galley Slaves, and Chernobyl pp. 477-483

David Hamilton

Institutional Economics of Radhakamal Mukerjee pp. 485-492

Dipendra Sinha

The European Answer to the Dilemmas of Competition, Cooperation, and Mergers pp. 493-511

J. Groenewegen and P.R. Beije

Institutional Reform in East-Central Europe: Hungarian and Polish Contract Law pp. 513-523

Daniel T. Ostas

Probing the Legal-Economic Nexus: Takings, 1978-1988 pp. 525-534

Steven Medema

Institutionalists, Radical Economists, and Class pp. 535-544

Philip A. Klein

Institutionalism and the Postmodern Politics of Social Change pp. 545-552

Doug Brown

Caste, Class, and Social Change: An Institutionalist Perspective pp. 553-560

Ann Mari May

The Great Retrenchment: Pecuniary Gains and Industrial Losses pp. 561-571

William M. Dugger

The Comparative Institutions of Profit Sharing: The U.S. Computer Industry pp. 573-582

Michael D. Bradley and Stephen Smith

Contingent Compensation: (How) Does It Affect Company Performance? pp. 583-592

Michael A. Conte

ESOPS, Producer Co-ops, and Traditional Firms: Are They Different? pp. 593-603

Patrick Michael Rooney

Worker-Managed Firms, Democratic Principles, and the Evolution of Financial Relations pp. 605-613

Charles P. Rock and Mark A. Klinedinst

Economic Development in Iraq: Factors Underlying the Relative Deterioration of Human Capital Formation pp. 615-622

Robert E. Looney

Market versus Command and Control Environmental Policies pp. 623-633

James A. Swaney

Economics and Merger Mania: A Critique of Efficient Markets Theory pp. 635-643

Robert Prasch

The Strike as Management Strategy pp. 645-659

Ruth A. Bandzak

Efficiency and Privacy in Public Subsidies to Private Businesses in the United States and the United Kingdom pp. 661-669

Peter B. Meyer

Editor’s Notes pp. 671-671

The Editors

Volume 26, issue 1, 1992

A Personal Note from the Editor Emeritus pp. vi-vi

The Editors

The Economics of Biodiversity: Lives and Lifestyles pp. 1-25

James A. Swaney and Paulette I. Olson

Rethinking Environmental Economics: Missing Links between Economic Theory and Environmental Policy pp. 27-51

Frank J. Dietz and Jan van der Straaten

Overlap of Organizations: Corporate Transorganization and Veblen’s Thesis on Higher Education pp. 53-85

F. Gregory Hayden and Kurt Stephenson

A Network Analysis of Markets pp. 87-114

P.R. Beije and J. Groenewegen

The Economics of Progress pp. 115-124

Edythe S. Miller

Economic Change in Italy in the Fourteenth Century: The Case of Siena pp. 125-134

John Adams

Institutional Developments and the Effectiveness of Monetary Policy pp. 135-157

Philip Arestis and Peter Howells

Monopoly, The Holding Company, and Asset Stripping: The Case of Yellow Pages pp. 159-182

Evan D. White and Michael F. Sheehan

Changes in Energy Consumption, 1970–1989, and Energy Policy in the United States pp. 183-196

Kenneth Nowotny and James Peach

A Clarification of the Concept of “Instrumental Valuation” in Institutional Economics pp. 197-208

Michael F. Sheehan and Rick Tilman

Corporate Appropriation of Treasury Revenues under Safe Harbor Leasing pp. 209-219

Barney F. Hope

A Methodology for Pattern Modeling Nonlinear Macroeconomic Dynamics pp. 221-242

David Carrier

Can JOBS Help the Underclass Break the Cycle of Poverty? pp. 243-254

Carol Dawn Petersen

End of the Debate? pp. 255-256

Jan Tinbergen

What Is Saving, and Who Gets the Credit (Blame)? pp. 256-262

L. Randall Wray

A Comment on Lanciaux’s Critique of the Monetary Approach to the Balance of Payments pp. 262-270

Moosa Valinezhad

The Monetary -Approach to the Balance of Payments: A Reply to Valinezhad pp. 270-273

Bernadette Lanciaux

The Greatest-Ever Bank Robbery: The Collapse of the Savings and Loan Industry; A State of Risk: Will Government-Sponsored Enterprises Be the Next Financial Crisis? pp. 275-284

L. Randall Wray

Transfer Spending, Taxes, and the American Welfare State pp. 284-286

William Waller

The Business Cycle, Growth and Crisis under Capitalism pp. 287-292

Philip A. Klein

Beyond the Marketplace: Rethinking Economy and Society pp. 292-294

Anne Mayhew

The Political Economy of Participatory Economics pp. 294-297

Doug Brown

The Political Theory of Swedish Social Democracy: Through the Welfare State to Socialism pp. 298-300

Peter Söderbaum

Money and Credit in Capitalist Economies: The Endogeneous Money Approach pp. 301-305

Christopher J. Niggle

Husbands at Home: The Domestic Economy in a Postindustrial Society pp. 305-307

Janice Peterson

Gardiner C. Means: Institutionalist and Post Keynesian pp. 308-312

Warren S. Gramm

Labor Market Adjustments to Structural Change and Technological Progress pp. 312-314

Markley Roberts

From Industry to Arms. The Political Economy of High Technology pp. 315-318

Richard B. Du Boff

The State and Economic Knowledge pp. 318-320

Robert T. Averitt

Economics and the Philosophy of Science pp. 320-324

Ken Dennis

The Capitalist Economies: Prospects for the 1990s pp. 324-327

Steven Pressman

Macroeconomics after Thatcher and Reagan: The Conservative Policy Revolution in Retrospect pp. 327-330

Charles B. Garrison

The State of Working America: 1990–91 Edition pp. 330-331

Roger L. Adkins