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
ByHagen M. Krämer, Heinz D. Kurz, Hans-Michael Trautwein

part Part I|162 pages

The history of economic thought

chapter 2|26 pages

The idea of development in German economics

ByBertram Schefold

chapter 3|17 pages

Ricardo on gross and net revenue

ByChristian Gehrke

chapter 4|14 pages

Friedrich Engels

The architect of Marxism as a science
ByRagip Ege

chapter 7|13 pages

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

A preliminary investigation1
ByHansjörg Klausinger

chapter 8|14 pages

Ingvar Svennilson and the Kaldor–Verdoorn Law1

ByMauro Boianovsky

chapter 9|13 pages

Highlights on the Cambridge School

The Italian connection
ByPier Luigi Porta

chapter 10|7 pages

How ideas migrate1

ByEarlene Craver

chapter 11|6 pages

Wandering thoughts on the migration of knowledge1

ByAxel Leijonhufvud

chapter 12|10 pages

A slender trunk and many branches

The history of economic thought in perspective, past and future
ByMaria Cristina Marcuzzo

part Part II|119 pages

The current state of macroeconomics

chapter 13|8 pages

The crisis in macroeconomics1

ByGeoff Harcourt

chapter 14|5 pages

Modern macroeconomics and Keynes

Some sketchy reflections
ByVolker Caspari

chapter 16|10 pages

‘To use the words of Keynes …'

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

chapter 18|20 pages

Sinn after Böhm-Bawerk

Income distribution, capital flows and current account imbalances in EMU
ByHagen M. Krämer, Peter Spahn

chapter 19|16 pages

The problem of money illusion in economics

ByGeorg Erber

chapter 20|15 pages

Some notes on understanding inflation

ByEdward J. Nell

chapter 21|18 pages

Inflation – a barrier to high employment?

ByJürgen Kromphardt

part Part III|152 pages

Economic growth and structural dynamics

chapter 22|11 pages

Some thoughts about trend and cycle

ByStephan Seiter

chapter 23|15 pages

Structural economic dynamics

Decisions, methods and theories
ByRoberto Scazzieri

chapter 24|9 pages

Economic rationality and the emergence of institutions

A Schumpeterian view
ByRichard Arena

chapter 25|13 pages

Innovation, institutions and competition

A reflection on the contribution of the Soft Budget Constraint approach
ByMuriel Dal-Pont Legrand

chapter 26|17 pages

Economic development – more creation than destruction

ByAndreas Pyka, Pier Paolo Saviotti

chapter 27|14 pages

Market definition in technologically dynamic markets

An example from mobile telecommunications
ByUlrich Schwalbe, Tone Arnold

chapter 29|15 pages

Classical and neoclassical theories of offshore outsourcing

ByDeborah Winkler, William Milberg

chapter 30|11 pages

Theoretical foundations of modern macroeconomic policies in a small open economy

The case of Norway
ByTheo Schewe

chapter 31|14 pages

How to realize sustainable growth

ByMichael von Hauff

chapter 32|13 pages

Harald Hagemann: a preliminary bibliography, 1975–2011

ByHagen M. Krämer, Heinz D. Kurz, Hans-Michael Trautwein