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This groundbreaking series brings together a critical selection of key papers by the Nobel Memorial Laureates in Economics that have helped shape the development and present state of economics. The editors have organised this comprehensive series by theme and each volume focuses on those Laureates working in the same broad area of study. The careful selection of papers within each volume is set in context by an insightful introduction to the Laureates’ careers and main published works. This landmark series will be an essential reference for scholars throughout the world.
Edited by Howard R. Vane, Emeritus Professor of Economics, Liverpool Business School, Liverpool John Moores University, UK and Chris Mulhearn, formerly Reader in Economics, Liverpool Business School, Liverpool John Moores University, UK
Contents:AcknowledgementsGeneral IntroductionHoward R. Vane and Chris MulhearnPART IPAUL A. SAMUELSON Introduction to Part I: Paul A. Samuelson (1915–2009)1. P.A. Samuelson (1938), ‘A Note on the Pure Theory of Consumer’s Behaviour’2. Paul A. Samuelson (1939a), ‘Interactions Between the Multiplier Analysis and the Principle of Acceleration’3. Paul A. Samuelson (1939b), ‘The Gains from International Trade’4. Wolfgang F. Stolper and Paul A. Samuelson (1941), ‘Protection and Real Wages’5. Paul A. Samuelson (1948), ‘International Trade and the Equalisation of Factor Prices’6. Paul A. Samuelson (1954), ‘The Pure Theory of Public Expenditure’7. Paul A. Samuelson (1958), ‘An Exact Consumption-Loan Model of Interest With or Without the Social Contrivance of Money’8. Paul A. Samuelson (2004), ‘Where Ricardo and Mill Rebut and Confirm Arguments of Mainstream Economists Supporting Globalization’, ‘Appendix 1: A Three-Good Free Trade Equilibrium’ and ‘Appendix 2: Inelastic Demand Can Cause Inventions to Reduce Welfare’PART II JOHN R. HICKS Introduction to Part II: John R. Hicks (1904–89)9. J.R. Hicks and R.D.G. Allen (1934), ‘A Reconsideration of the Theory of Value, Part I’10. J.R. Hicks and R.D.G. Allen (1934), ‘A Reconsideration of the Theory of Value, Part II: A Mathematical Theory of Individual Demand Functions’11. J.R. Hicks (1935), ‘A Suggestion for Simplifying the Theory of Money’12. J.R. Hicks (1937), ‘Mr. Keynes and the “Classics”; A Suggested Interpretation’13. J.R. Hicks (1939), ‘The Foundations of Welfare Economics’PART III KENNETH J. ARROW Introduction to Part III: Kenneth J. Arrow (b. 1921)14. Kenneth J. Arrow (1951), ‘An Extension of the Basic Theorems of Classical Welfare Economics’15. Kenneth J. Arrow and Gerard Debreu (1954), ‘Existence of an Equilibrium for a Competitive Economy’16. Kenneth J. Arrow and Leonid Hurwicz (1958), ‘On the Stability of the Competitive Equilibrium, I’17. Kenneth J. Arrow, H.D. Block and Leonid Hurwicz (1959), ‘On the Stability of the Competitive Equilibrium, II’18. K.J. Arrow, H.B. Chenery, B.S. Minhas and R.M. Solow (1961), ‘Capital-Labor Substitution and Economic Efficiency’19. Kenneth J. Arrow (1962), ‘The Economic Implications of Learning by Doing’PART IV GERARD DEBREU Introduction to Part IV: Gerard Debreu (b. 1921)20. Gerard Debreu and Herbert Scarf (1963), ‘A Limit Theorem on the Core of an Economy’21. Gerard Debreu (1970), ‘Economies with a Finite Set of Equilibria’22. Gerard Debreu (1972), ‘Smooth Preferences’23. Gerard Debreu (1974), ‘Excess Demand Functions’24. Gerard Debreu (1975), ‘The Rate of Convergence of the Core of an Economy’25. Gerard Debreu (1984), ‘Economic Theory in the Mathematical Mode’PART V MAURICE F.C. ALLAIS Introduction to Part V: Maurice F.C. Allais (b.1911)26. M. Allais (1953a), ‘L’Extension des Théories de l’Equilibre Economique Général et du Rendement Social au Cas du Risque’27. Maurice Allais (1953b), ‘Le Comportement de l’Homme Rationnel devant le Risque: Critique des Postulats et Axiomes de l’Ecole Américaine’28. Maurice Allais (1962), ‘The Influence of the Capital-Output Ratio on Real National Income’29. Maurice Allais (1997), ‘An Outline of My Main Contributions to Economic Science’
’What a brilliant idea! To provide readers with both information on the Nobel Laureates in Economics and, to the degree possible, the original papers for which they were honored. The names of the "contributing" Laureates speak for themselves. Howard Vane and Chris Mulhearn, the editors, and Edward Elgar, the publisher, are to be congratulated for putting the idea into effect.'