Economic Science and Political Economy Selected Articles
Lionel Robbins, Professor of Economics at the London School of Economics, 1929-61, was the foremost British economist of his generation as well as being an influential public figure. Although he wrote many articles and books on economic theory, on contemp
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Also by Susan Howson BRITISH MONETARY POLICY, 1945-51 DOMESTIC MONETARY MANAGEMENT IN BRITAIN, 1919-38 THE COLLECTED PAPERS OF JAMES MEADE (editor) THE ECONOMIC ADVISORY COUNCIL 1930-1939 (with Donald Winch) THE WARTIME DIARIES OF LIONEL ROBBINS AND JAMES MEADE, 1943-45 (co-editor)
EconoDlic Science and Political EconoDlY Selected Articles Lionel Robbins
Edited by Susan Howson Professor of Economics University of Toronto
Selection, editorial matter and Introduction © Susan Howson 1997 Text © Lady Robbins 1997 Softcover reprint of the hardcover 18t edition 1997 All rights reserved. No reproduction, copy or transmission of this publication may be made without written permission. No paragraph of this publication may be reproduced, copied or transmitted save with written permission or in accordance with the provisions of the Copyright, Designs and Patents Act 1988, or under the terms of any licence permitting limited copying issued by the Copyright Licensing Agency, 90 Tottenham Court Road, London WIP 9HE. Any person who does any unauthorised act in relation to this publication may be liable to criminal prosecution and civil claims for damages. The author has asserted her right to be identified as the author of this work in accordance with the Copyright, Designs and Patents Act 1988. First published 1997 by MACMILLAN PRESS LTD Houndmills, Basingstoke, Hampshire RG2l 6XS and London Companies and representatives throughoqt the world ISBN 978-1-349-12763-4 ISBN 978-1-349-12761-0 (eBook) DOI 10.1007/978-1-349-12761-0 A catalogue record for this book is available from the British Library. This book is printed on paper suitable for recycling and made from fully managed and sustained forest sources. 10987654321 06 05 04 03 02 01 00 99 98 97
Contents 1
Editor's Introduction The Representative Finn (September 1928)
2 The Economic Effects of Variations of Hours of Labour (March 1929)
3 The Present Position of Economic Science (March 1930) 4 On a Certain Ambiguity in the Conception of Stationary Equilibrium (June 1930)
5 On the Elasticity of Demand for Income in Tenns of Effort (June 1930)
6 The Economic Works of Philip Wicksteed (November 1930) 7 Economic Notes on Some Arguments for Protection (February 1931)
8 Consumption and the Trade Cycle (November 1932) 9 Remarks Upon Certain Aspects of the Theory of Costs (March 1934)
10 Remarks on the Relationship Between Economics and Psychology (December 1934)
11 The Place of Jevons in the History of Economic Thought (April 1936)
15 33 49 59 79 85 99 117 133 151 163
12 How to Mitigate the Next Slump (May 1937)
179
13 Live and Dead Issues in the Methodology of Economics (August 1938)
189
14 Interpersonal Comparisons of Utility: A Comment (December 1938)
199
15 Inquest on the Crisis (October 1947)
205
16 The Sterling Problem (October 1949)
229
17 The Balance of Payments (November 1951)
255
18 The International Economic Problem (January 1953)
273
v
vi
Contents
19 Robertson on Utility and Scope (May 1953)
295
20 Schumpeter's History of Economic Analysis
