Journal of Economic Issues

1967 - 2025

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Volume 25, issue 4, 1991

Dudley Dillard pp. v-v

The Editors

Instrumental Valuation Indicators for Natural Resources and Ecosystems pp. 917-935

F. Gregory Hayden

The Meaning of Anthropology for Economic Science: A Case for Intellectual Reciprocity pp. 937-949

David Hamilton

Saving, Profits, and Speculation in Capitalist Economies pp. 951-975

L. Randall Wray

Capital Goods Production and Technological Learning: The Case of Mexico pp. 977-991

Dilmus D. James

Of Economic Paradigms, Puzzles, Problems, and Policies; Or, Is the Economy too Important to Be Entrusted to the Economists? pp. 993-1004

Edythe S. Miller

The Institutional Conditions for Technological Change: Fiber to the Home pp. 1005-1015

Robert Loube

Public Assistance and Antipoverty Programs or Why Haven’t Means-Tested Programs Been More Successful at Reducing Poverty? pp. 1017-1027

Emily M. Northrop

Valuation as Discourse and Process: or, How We Got out of a Methodological Quagmire on our Way to Purposeful Institutional Analysis pp. 1029-1048

William Waller and Linda R. Robertson

Another Look at the Problem of Rent Seeking pp. 1049-1065

Steven Medema

Humane Drain: Environmental, Institutional-Systems Impact on Formation and Use of the Human Resource pp. 1067-1087

Warren S. Gramm

An Institutionalist Look at Postmodernism pp. 1089-1104

Doug Brown

A Productive Systems Analysis of the 1983 Phelps Dodge Strike pp. 1105-1125

Ruth A. Bandzak

Reasonable Value versus Instrumental Value: A Reply to Klein and Atkinson and Reed pp. 1127-1133

Yngve Ramstad

Klein: Reply to Ramstad pp. 1133-1136

Philip A. Klein

Rejoinder pp. 1136-1140

Glen Atkinson and Mike Reed

“A Relativist Is an Agnostic Who Can’t Understand Continuity:” A Comment on Neale pp. 1141-1147

Baldwin Ranson

Response to Baldwin Ranson pp. 1147-1149

Walter C. Neale

Ramsey Pricing without Cross-Subsidization: A Note on Michael Sheehan’s “Why Ramsey Pricing Is Wrong” pp. 1149-1151

Klaus Becker

Ramsey Pricing Without Cross-Subsidization? A Response to Professor Becker pp. 1152-1155

Michael F. Sheehan

J. Fagg Foster on the Equational Theory of Justice pp. 1155-1160

The Editors

Who Saves? The Rich, the Penniless, and Everyone Else pp. 1160-1166

Walter C. Neale

Passive Tax Expenditure Estimates: A Communication pp. 1167-1168

William Hildred

Changing Economic Order pp. 1169-1176

John Groenewegen, Wicher Schreuders and Cees Van Paridon

The Theory of Economic Breakdown pp. 1177-1179

Jan Kregel

The Social and Economic Consequences of Deregulation: The Transportation Industry in Transition pp. 1180-1181

John C. Spychalski

The Political Economy of Unemployment: Active Labor Market Policy in West Germany and the United States pp. 1181-1184

Joseph Harris

Gunnar Myrdal and America’s Conscience: Social Engineering and Racial Liberalism, 1938-1987 pp. 1184-1186

Ann Mari May

Technical Change and Economic Theory pp. 1187-1188

Thomas R. Degregori

The Return of Scarcity pp. 1188-1191

Daniel A. Underwood

After the Rights Revolution: Reconceiving the Regulatory State pp. 1191-1195

Nicholas Mercuro

The Road to a Free Economy: Shifting from a Socialist System, the Example of Hungary pp. 1195-1198

Walter C. Neale

The Market and Beyond: Cooperation and Competition ln Information Technology in the Japanese System pp. 1199-1202

Robin Mansell

Beyond Reaganomics: A Further Inquiry into the Poverty of Economics pp. 1202-1204

David D. Arsen

The Economic Limits to Modern Politics pp. 1204-1208

Paul N. Goldstene

Index pp. 1209-1215

The Editors

Volume 25, issue 3, 1991

Institutionalist Labor Market Theory and the Veblenian Dichotomy pp. 625-648

Daniel E. Gimble

Critique of Contingent Valuation and Travel Cost Methods for Valuing Natural Resources and Ecosystems pp. 649-687

W. David Eberle and F. Gregory Hayden

Thorstein Veblen Meets Eduard Bernstein: Toward an Institutionalist Theory of Mobilization Politics pp. 689-708

Doug Brown

The Methodology of Institutionalism Revisited pp. 709-737

Jon Wisman and Joseph Rozansky

Stabilizing the Unstable Economy: More on the Minsky-Simons Connection pp. 739-763

Charles J. Whalen

The Dichotomized State pp. 765-780

James Ronald Stanfield

Antidemocratic Elements of the Reagan Revolution pp. 781-797

William M. Hildred

The American Association for Labor Legislation: An Episode in Institutionalist Policy Analysis pp. 799-828

John Dennis Chasse

Beyond the Great Divide: A Feminist-Institutionalist Response to Heath pp. 829-838

Ann L. Jennings

Economism and Women’s Economic Progress: Jennings’s Polemic pp. 838-842

Julia A. Heath

Warren Samuels: The Absolute Relativist pp. 842-846

Baldwin Ranson

Veblen and Self-Referentiability: Reply to Baldwin Ranson pp. 847-850

Warren Samuels

Professor Lerner on John R. Hodges pp. 850-861

James I. Sturgeon and Hartwell W. Byrd

More Heat than Light: Economics as Social Physics: Physics as Nature’s Economics pp. 863-866

William Waller

Critique of Economic Reason pp. 866-870

Doug Brown

History, Policy and Economic Theory: Essays in Interaction pp. 870-874

George Rosen

Securing the Right to Employment: Social Welfare Policy in the United States pp. 874-876

K. J. Stirling

The Level of Riches: Technological Creativity and Economic Progress pp. 876-878

Thomas R. DeGregori

Unions and Communities under Siege: American Communities and the Crisis of Organized Labor pp. 878-880

Vernon M. Briggs

Fragile Coalitions: The Politics of Economic Adjustment pp. 880-883

James L. Dietz

Political Economy in the Twentieth Century pp. 883-886

John Henry

Economic Interests and Institutions pp. 886-891

James A. Swaney

The Politics of Adjustment: Pluralism, Corporatism and Privatization pp. 891-893

Robert A. Solo

Organization Theory: From Chester Barnard to the Present and Beyond pp. 893-896

William M. Dugger

Market Socialism pp. 896-899

John Groenewegen

Developing Rural India pp. 900-903

George Rosen

The Evolution of Economic Systems: Essays in Honor of Ota Sik pp. 903-906

Jerry L. Petr

Books Received pp. 907-916

The Editors

Volume 25, issue 2, 1991

The Veblen-Commons Award pp. 299-301

Philip A. Klein

Why Be an Economist? Remarks upon Receipt of the Veblen-Commons Award pp. 303-318

Philip A. Klein

Reflections on the Twenty-Fifth Anniversary of AFEE: Philosophical and Methodological Issues in Institutional Economics pp. 321-346

Paul Dale Bush

Economic Power, Financial Instability, and the Cuomo Report pp. 347-354

James Ronald Stanfield and Ronnie Phillips

Trade, Competitiveness, and U.S. Economic Prospects: A Critique of the Cuomo Report pp. 355-363

Brent McClintock

Crisis and Leviathan: A Critique and Reconstruction pp. 365-371

Robert R. Keller

Class Conflict, Corporate Power, and Macroeconomic Policy: The Impact of Inflation in the Postwar Period pp. 373-381

Ann Mari May and Randy R. Grant

The Contributions of Allan G. Gruchy to Institutional Economics pp. 383-391

Dudley Dillard

Capitalism Without Capitalists: The Comparative Economics of Allan G. Gruchy pp. 393-400

John Adams and Alan W. Dyer

Allan Gruchy’s Theory of Economic Planning pp. 401-408

William M. Dugger

Some Thoughts on the Future of Economic Planning: The Gruchy/Institutionalist Contribution pp. 409-419

Harry M. Trebing

Thorstein Veblen, Werner Sombart and The Periodization of History pp. 421-429

Colin Loader, Jeffrey Waddoups and Rick Tilman

From Desideratum to Historical Achievement: John R. Commons’s Reasonable Value and the “Negotiated Economy” of Denmark pp. 431-439

Yngve Ramstad

John R. Commons and John Maynard Keynes: Two Philosophies of Action pp. 441-448

John Dennis Chasse

The Case of DAT Technology: Industrial versus Pecuniary Function pp. 449-457

Jim Horner

An Institutionalist Perspective on Declining American Productivity: The American Automobile Industry pp. 459-465

Meb Bolin

Society, State, and Market: A Polanyian View of Current Change and Turmoil in Eastern Europe pp. 467-473

Walter C. Neale

The Age Demanded: The Rhetoric of Karl Polanyi pp. 475-483

Margaret Lewis

A Feminist Institutionalist Reconsideration of Karl Polanyi pp. 485-497

William Waller and Ann Jennings

Julian Simon versus the Ehrlichs: An Institutionalist Perspective pp. 499-509

James A. Swaney

Plant Closings: A Community’s Bill of Rights pp. 511-518

Robert F. Schlack

Economic Evolution: Intervention Contra Pangloss pp. 519-533

Geoffrey Hodgson

Toward a Theory of Economic Institutions: Synergy and Path Dependency pp. 535-550

Kurt Dopfer

Ceremonialism as the Dramatization of Prosaic Technology: Who Did Invent the Coup de Poing? pp. 551-559

David Hamilton

The Compatibility of Keynes’s Ideas with Institutionalist Philosophy pp. 561-568

Gladys Parker Foster

Ethnocentrism in U.S./Japanese Trade Policy Negotiations pp. 569-580

Bernadette Lanciaux

The Welfare Effects on Women of Poland’s Economic Reforms pp. 581-588

Bozena Leven

East European Economic Reform: Are New Institutions Emerging? pp. 589-595

Roger L. Adkins

Regulation of the Telephone Industry pp. 597-605

David Gabel

Military Spending after the Cold War pp. 607-615

James M. Cypher

Is Antitrust Obsolete? pp. 617-624

Emil Friberg and Celia Thomas

Volume 25, issue 1, 1991

Letter to the Editor pp. v-v

Howard J. Sherman

Boulding’s Balloons: A Contribution to Monetary Theory pp. 01-20

L. Randall Wray

Why Ramsey Pricing Is Wrong: The Case of Telecommunications Regulation pp. 21-32

Michael Sheehan

The Functioning of Economic Research pp. 33-38

Jan Tinbergen

The Complexity of Economic Phenomena: Reply to Tinbergen and Beyond pp. 39-76

Kurt Dopier

The Strange Career of Marginal Cost Pricing pp. 77-92

Peter S. Fisher

Institutional and Other Unconventional Theories of Saving pp. 93-113

Francis Green

Institutions and the Economic Welfare of Black Americans in the 1980s pp. 115-135

John Harvey

The Endogenous Money Supply Theory: An Institutionalist Appraisal pp. 137-151

Christopher J. Niggle

The Defect in Supply-Side Interpretations of the 1960s and 1980s pp. 153-166

Charles B. Garrison

Part-Time Work in Sweden: Trends and Equality Effects pp. 167-178

Marianne Sundötrom

Is Institutional Economics Really’Root and Branch’ Economics? pp. 179-186

David Hamilton

Surplus, Surplus, Who’s Got the Surplus? The Subtractivist Fallacy in Orthodox Economics pp. 187-197

John Adams

Hobson’s “Surplus Income” and Its Distribution pp. 199-207

Jim Rossman

Overcoming Contemporary Mythology: An Essay pp. 209-215

Ted Brannen

Post-Keynesian Thought in Perspective: Report on the Tenth Annual Conference of the Dutch Study Circle of Post Keynesian Economics pp. 217-221

John Groenewegen, Kees van Pardion and Wicher Schreuders

A Note on Robert Eisner’s Debt Thesis pp. 223-225

Robert A. Solo

Reply to Robert A. Solo pp. 225-228

Robert Eisner

A Comment on Bush, Foster, and the Environment pp. 228-235

W. D. Williams

A Reply to Williams pp. 235-237

Paul D. Bush

Fundamentals of the Economic Role of Government pp. 239-241

Royall Brandis

The Essential Kaldor pp. 241-243

Geoffrey Hodgson

State, Market, and Social Regulation: New Perspectives on Italy pp. 243-245

Robert Solo

Three Faces of Power pp. 245-249

Philip A. Klein

Dangerous Pursuits: Mergers & Acquisitions in the Age of Wall Street? pp. 249-253

William F. Mueller

The Making of an Economist pp. 253-254

Wendell Gordon

Analyzing Modern Business Cycles: Essays Honoring Geoffrey H. Moore pp. 254-256

Howard J. Sherman

Observing the Economy pp. 257-258

George Dalton

The Odyssey of Rationality pp. 258-261

Barbara Klose-Ullmann

Benefit-Cost Analysis. A Political Economy Approach pp. 261-263

Peter Söderbaum

Social Economics: Retrospect and Prospect pp. 263-265

Charles G. Leathers

Age, Class, Politics, and the Welfare State pp. 265-267

Harold Wolozin

Macroeconomic Problems and Policies of Income Distribution pp. 268-271

Steven Pressman

The Trouble with Money: A Prescription for America’s Financial Fever pp. 271-275

L. Randall Wray

The State and the Labor Market pp. 275-276

Markley Roberts

Making America’s Budget Policy: from the 1980S to the 1990s pp. 276-279

William Hildred

A Theory of Property pp. 279-280

R. Larry Reynolds

Lessons from the Great Depression pp. 281-283

Robert E. Lucore

Contracting for Property Rights pp. 283-285

Marie Leigh Livingston

Books Received pp. 287-298

The Editors