Contenu du sommaire
| Revue |
Cahiers d'économie politique  |
|---|---|
| Numéro | no 36, printemps 2000 |
| Texte intégral en ligne | Accessible sur l'internet |
- Erratum - p. 3
- La "debt-deflation" selon Irving Fisher, Histoire et actualité d'une théorie de la crise financière - Edouard Challe p. 7-38
In 1933, Irving Fisher suggested an original explanation of the Great Depression, based on the interaction between monetary factors (money being made endogenous) and financial factors ; giving a crucial role to borrowers' balance sheet and net worth. In his view, falling prices increased the burden of real debts, lowering net worth and thereby urging borrowers to pay their debts back. This reaction makes credit, money and prices fall, thus causing the process to self-fulfill. This paper aims to address the general consistency of Fisher's debt- deflation theory, while trying to relate it to his previous writings. It also questions the contemporary relevance of his approach given the changing institutional environment ; special attention is paid to the financial crisis that hit most OECD countries at the onset of the decade. - Le surplus des consommateurs d'Alfred Marshall : une généalogie intellectuelle - Rozenn Martinoia p. 39-58 This paper traces the genesis of the consumers surplus in Alfred Marshall's work, focusing on an analytical transition : first regarded as a monetary gain, the surplus gradually becomes a utility gain. This inquiry allows a reappraisal of Marshall's intellectual debt. Specifically, Cournot's influence seems to have to be restricted to the birth of the concept of surplus, whereas the critical assessment of Jevons Theory of Political Economy appears to have played a decisive role in the evolution of Marshall's problematic. However, the idea of an influence from Dupuit or Jenkin must be ruled out.
- Max Weber, Gunnar Myrdal et le statut de la normativité - Rédouane Taouil p. 59-70 This article contrasts Weber's recommendations for freeing social sciences from value jugdments with MyrdaFs approach about the role of value judgments in economics. It attemps to show why to seperate factual from value statements is impossible, and what the limits of Myrdal's approach are.
- Intérêts et limites de la notion de règle chez Hayek : Un éclairage par la comparaison avec l'économie des conventions - Nathalie Richebé p. 71-98 Hayek and the french school of "economics of conventions" have diverging positions on social philosophy. Nevertheless, they share similar critics with regard to the neo-classical rational choice theory. They also have in common close hypothesis regarding cognitive processes underlying the economic and social co-ordination. The concept of rule is at the heart of their analysis. The purpose of this paper is to investigate the commonalties, divergences as well as the limits of their respective analysis concerning the rules.
- La tension entre subjectivisme et libéralisme dans l'ontolongie sociale hayékienne - Guillaume Quiquerez p. 99-115 The object of this paper is to analyse the original conceptions of F. A. Hayek on the nature of facts of the social sciences. After having presented the main thesis of his youth's works on psychophysiology, we emphasize their links between those about economic epistemology and economic ontology : we thus insist on the place of subjectivism in Hayek's thought. An inconsistency is then noted and explained with the help of a precise definition of social ideology : our argument is that Hayek's subjectivism is incompatible with its liberalism.
Débats
- De la Théorie générale aux modèles de défaut de coordination : Remarques sur le développement de l'approche keynésienne - Jean Cartelier p. 117-126 Thierry Laurent and Hélène Zajdela are right when they maintain that Neo-Keynesian theory leads to a technical, methodological and empirical dead end. Sticky prices are not the distinctive feature of a Keynesian approach. But coordination failures models are not so illuminating about Keynes' approach. They come from a critique of general equilibrium theory very different of that of Keynes (even if it may be complementary). What is at the root of Keynes' conjecture about involuntary unemployment is neither sticky prices nor uncertainty nor imperfect competition but the lack of symmetry between entrepreneurs and wage-earners. Hicks and Clower contributions to the debat are as important as ambiguous. There exists however an existence theorem for Keynesian equilibria (Glustoff, 1968) from which it is possible to give an alternative interpretation of what a Keynesian approach might be.
- La structure logique de la Théorie générale de Keynes. Une critique de Benetti - Michel De Vroey p. 127-141 This article criticizes Benetti's article "La structure logique de la Théorie générale de Keynes". I criticize Benetti's claim that a sequence of three models is necessary in order to give a foundation to Keynes' concept of involuntary unemployment. Likewise, I criticize the view, first brought forward by Patinkin and taken up by Benetti, that chapter 19 of the General Theory constitutes the climax of Keynes' book and provides an explanation of involuntary unemployment in a flex-price context.
- De la Théorie générale aux modèles de défaut de coordination : Remarques sur le développement de l'approche keynésienne - Jean Cartelier p. 117-126
Édition : M. Potron, Sur certaines conditions de l'équilibre économique
Notes bibliographiques
- Françoise Duboeuf, Introduction aux théories économiques, 1999 - Jean Dellemotte p. 163-168
- Antoine Rebeyrol, La pensée économique de Walras, 1999 - Nicolas Chaigneau p. 169-176
- Françoise Duboeuf, Introduction aux théories économiques, 1999 - Jean Dellemotte p. 163-168
