Metaphors in the History of Economic Thought: Crises, Business Cycles and Equilibrium

ISBN-13: 9780367701062 / Angielski / Twarda / 2022 / 280 str.

Roberto Baranzini; Daniele Besomi

Opis

This book explores the evolution of economic theorizing through the lens of metaphors. The edited volume sheds light on metaphors which have been used by a range of key thinkers and schools of thought to describe economic crises, business cycles and economic equilibrium.

Spis treści

Introduction, Pt. I: Crises, 1. Economic crises in nineteenth century Italy: a cultural analysis, 2. Clément Juglar’s epistemic use of metaphors, 3. Riders on the Storm: W. Stanley Jevons, Meteorology and the Analysis of ‘Commercial Fluctuations’, Pt. II: Business cycles, 4. Stitching Things Together. Marshall on the economy as an “organic whole”, 5. Differentiation, integration, and the great variety of organisms: biological origins of Werner Sombart’s business cycle theory, 6. Biological, Medical and Physical Metaphors in Germán Bernácer’s Theory of Business Cycles (1916–1936), 7. The nature of monetary disturbances in Austrian and Swedish business cycle theories, 8. How economics failed to understand crises. Constitutive metaphors in business cycle analysis, from Frisch to Real Business Cycles, Pt. III: Equilibrium, 9. The pendulum and equilibrium: A survey, 10. Statistical equilibrium in early 20th century Italian economics