From the early 1960s onwards, Arnold Zellner has been publishing papers in the areas of statistical theory, econometric applications and macroeconomic modelling. This conversation canvasses Zellner's transition from physics to economics, the reason for the renewal of interest in Bayes's theorem...

Commitment to the behaviorist approach to utility theory, to the usefulness of mathematics in economic analysis and to equalization of the marginal utility of income as a principle of just taxation brought Irving Fisher and Ragnar Frisch to attempt to measure the marginal utility of income, and...

Kornai's autobiography presents an interesting perspective of the intellectual environment of a Central European country of real socialism such as Hungary, from the Stalinist after-war years to the progressively more relaxed, but still constraining, atmosphere of the sixties and later. Of...

Four talks on Keynes in relation to the Bloomsbury Group: I. Maynard Keynes of Bloomsbury (Craufurd Goodwin); II. Keynes as Policy Advisor (E. Roy Weintraub); III. Keynes and Economics (Kevin D. Hoover); IV. Keynes and Hayek (Bruce Caldwell). The talks were delivered as part of roundtable...

Scholars of John Maynard Keynes' life and contributions to economics have tended to approach his involvement in the early 20th century eugenics movement by either:(1) historicizing it as a regrettable political curiosity with only minor connections to his larger system of economic thought or,(2)...

I have been asked to compare James Buchanan's body of work with that of George Stigler for a symposium on Stigler's contributions to economics. I run my exposition through Frank Knight, who exerted strong though different forms of influence over both Stigler and Buchanan. Stigler's oeuvre is...

Mathematics has become an integral part of 20th century economics. Mathematical techniques that were considered to be on the fringes of economics even a few decades ago are today considered mainstream economics. Economists presented considerable resistance in the past to the encroachment of...

Shock is a term of art that pervades modern economics appearing in nearly a quarter of all journal articles in economics and in nearly half in macroeconomics. Surprisingly, its rise as an essential element in the vocabulary of economists can be dated only to the early 1970s. The paper traces the...

It is 50 years since the first Nobel Prize in economics was awarded to Jan Tinbergen and Ragnar Frisch. This article analyzes, based on their correspondence, the cooperation between these pioneers of econometrics which spanned four decades and various subfields in economics. It is demonstrated...

Oskar Anderson (1887-1960) gehörte zu den Gründungsvätern der Ökonometrie. Dieser Aufsatz fokussiert auf die Relevanz seines statistischen und ökonometrischen Werkes für die Konjunkturforschung in der Zwischenkriegszeit. Der Schwerpunkt liegt auf der Periode zwischen 1923 und 1942, die er...