Josef Steindl and the Instability of Capitalism
Review of Political Economy, 2008, vol. 20, issue 3, 333-340
Josef Steindl's first substantive publication was a nine-page review of Roy Harrod's book The Trade Cycle (1936), which appeared in the June 1937 issue of the Austrian journal, Zeitschrift fur Nationalokonomie. The review reveals the Austrian - or, as he put it, the neo-Wicksellian - roots of Steindl's early macroeconomic thinking. It also contains the first mathematical formulation of what would later be known as the (Hicks) super-multiplier. In this paper I summarise Steindl's critique of Harrod, comparing his analysis of the multiplier-interaction with that of several contemporaries. A translation of his review is given in the paper that follows.
References: View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
Access to full text is restricted to subscribers.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:taf:revpoe:v:20:y:2008:i:3:p:333-340
Ordering information: This journal article can be ordered from
Access Statistics for this article
Review of Political Economy is currently edited by Steve Pressman and Louis-Philippe Rochon
More articles in Review of Political Economy from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().