We present here a bathymetric map of a new underwater volcano which began its growth on 10 October 2011 to the south of El Hierro Island (Canary Is., Spain). The map scale is 1:25,000 and the map covers 210.9 sq. km. In July 2011, the seismic monitoring network of Spanish National Geographic...

This paper intends to explain how was a supporter of Keynes like Don Patinkin led to integrate the Pigou effect, the arch anti-Keynesian effect, in his theory of involuntary unemployment. The reading of Patinkin's unpublished PhD thesis and the use of the Don Patinkin Papers from Duke...

This paper explains the reasons that led Don Patinkin to interpret the Keynesian theory in a disequilibrium perspective. We claim that the author adopted this position because he believed that the assumption of wage rigidity misrepresented the concept of involuntary unemployment and that,...

A few years after the publication of The General Theory, a number of economists began to present Keynes's model, identified with IS-LM, as a particular case of the Walrasian model. This view of IS-LM has often been rationalized by a basic syllogism: IS-LM was invented by John Hicks, Hicks was a...

My paper examines how Lange integrated the Walrasian and the Keynesian ingredients in his research. I argue that his works proposed two kinds of macroeconomics. The first kind was IS-LM, but IS-LM interpreted as an aggregate version of Walras' general equilibrium model (Lange, 1938). The second...

Cet article examine l'évolution de la position de Robert Solow au sujet de la courbe de Phillips de 1960 à 1981. En utilisant la correspondance déposée à l'Université Duke aux Etats-Unis nous testons les thèses de James Forder concernant le caractère mythologique du récit habituel au...

Durant les années 1930, Hicks cherche à comprendre la crise à laquelle l’économie mondiale est confrontée. Mais à la différence de la plupart des économistes de l’époque, il tente de se représenter théoriquement la situation dans un cadre d’équilibre général walrassien. Le...

Durant les années 1930, Hicks cherche à comprendre la crise à laquelle l'économie mondiale est confrontée. Mais à la différence de la plupart des économistes de l'époque, il tente de se représenter théoriquement la situation dans un cadre d'équilibre général walrassien. Le présent...

In the opening sentence of Money, Interest, and Prices, Patinkin noted that his book was the outgrowth of ideas first presented in his doctoral dissertation. This claim has attracted the attention of most scholars who have written about his works in recent years. As shown by articles by such...