ABSTRACT

The essays in this Festschrift have been chosen to honour Harald Hagemann and his scientific work. They reflect his main contributions to economic research and his major fields of interest. The essays in the first part deal with various aspects within the history of economic thought. The second part is about the current state of macroeconomics. The essays in the third part of the book cover topics on economic growth and structural dynamics.

chapter 1|18 pages

Harald Hagemann at 65

An introduction

part I|162 pages

The history of economic thought

chapter 4|14 pages

Friedrich Engels

The architect of Marxism as a science

chapter 7|13 pages

The Austrian economists and academic politics in the inter-war period

A preliminary investigation 1

chapter 9|13 pages

Highlights on the Cambridge School

The Italian connection

chapter 10|7 pages

How ideas migrate 1

chapter 12|10 pages

A slender trunk and many branches

The history of economic thought in perspective, past and future

part II|119 pages

The current state of macroeconomics

chapter 13|8 pages

The crisis in macroeconomics 1

chapter 14|5 pages

Modern macroeconomics and Keynes

Some sketchy reflections

chapter 16|10 pages

‘To use the words of Keynes …'

Olivier J. Blanchard on Keynes and the ‘liquidity trap'

chapter 18|20 pages

Sinn after Böhm-Bawerk

Income distribution, capital flows and current account imbalances in EMU

part III|152 pages

Economic growth and structural dynamics

chapter 23|15 pages

Structural economic dynamics

Decisions, methods and theories

chapter 24|9 pages

Economic rationality and the emergence of institutions

A Schumpeterian view

chapter 25|13 pages

Innovation, institutions and competition

A reflection on the contribution of the Soft Budget Constraint approach

chapter 27|14 pages

Market definition in technologically dynamic markets

An example from mobile telecommunications