Contenu de l'article

Titre LES ÉCONOMISTES FACE AUX «CRISES» DE 1929 ET 1974
Auteur Jacques Wolff
Mir@bel Revue 20 & 21. Revue d'histoire
Titre à cette date : Vingtième siècle, revue d'histoire
Numéro no 52, octobre-décembre 1996 Les crises économiques du 20e siècle
Rubrique / Thématique
LES CRISES ÉCONOMIQUES DU 20e SIÈCLE
Page 114-124
Résumé anglais Economists and the "crises" of the 1929 and 1974, Jacques Wolff. In spite of different methodological presuppositions, the analysis of the "1929 crisis" by the British orthodox economist Lionel Robbins (The Great Depression, 1929-1934, 1934) often agrees with the synthetic approach of the French economist Bertrand Nogaro (La crise économique en France et dans le monde, 1936) : both reject the idea of a single cause interpretation of the recession and condemn any policy that questions market laws and claims to break with the market economy. Faced with the 1974 recession, Otto Eckstein (The Great Recession, 1978) proposes an analysis of the American crisis based on an econometric model using many simulations, which opposes, point by point, the Marxist Ernst Mandel's point of view (La crise, 1974-1978, 1978). Far from being a weakness, the difference between the approaches illustrates the richness of economic analysis. In this field, improvement of the representations can come only from the confrontation of models and ideas.
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