In a letter to the editors of the Journal of the History of Economic Thought, Jean-Marc Ginoux and Franck Jovanovic claim that my work on Ragnar Frisch is “useless” and has “no merit” (p.8). I will gladly take this opportunity to explain my research on Ragnar Frisch and why it remains...

In the early 1950s, the drive to find a practical solution to European antagonisms led to the construction of the first Common Market at the European scale, between Belgium, France, Germany, Italy, Luxembourg and the Netherlands. At the heart of the Coal and Steel Community, was the idea that...

Wassily Leontief met with decades of success for the development of input-output analysis, and yet he remained a staunch critic of the economics profession throughout his life. To understand his success, its limits, and the origins of his discontent, I separate the scientific activities of...

This book offers a fresh perspective on the early history of macroeconomics, by examining the macro-dynamic models developed from the late 1920s to the late 1940s, and their treatment of economic instability. It first explores the differences and similarities between the early mathematical...

Chapter 1. Looking for dynamic economics: Tinbergen’s early breakthrough -- Chapter 2. Relaxation oscillations in the early development of econometrics: a road not taken -- Chapter 3. Frisch’s macro-dynamics: inner stability and external impulses -- Chapter 4. Kalecki’s macro-dynamics:...

This paper documents an early fork in the development of macroeconomics, by examining a debate between the Dutch economists Jan Tinbergen and Johan Koopmans. In a 1932 paper, Tinbergen argued that two firms could be stuck in a “bad” equilibrium in the absence of a coordinated action to...

In this note to be published as a letter to the editor of the Journal of the History of Economic Thought, I present my results on Ragnar Frisch's rocking horse model published in the same journal and detail why the comments by Ginoux and Jovanovic on my paper have no grounding. I explain the...