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

Author:   Roberto Baranzini ,  Daniele Besomi
Publisher:   Taylor & Francis Ltd
ISBN:  

9780367701062


Pages:   290
Publication Date:   25 August 2022
Format:   Hardback
Availability:   In Print   Availability explained
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Metaphors in the History of Economic Thought: Crises, Business Cycles and Equilibrium


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Overview

Metaphors in the History of Economic Thought: Crises, Business Cycles and Equilibrium 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. Structured in three parts, the book examines an array of metaphors ranging from mechanics, waves, storms, medicine and beyond. The international panel of contributors focuses primarily on economic literature up to the Second World War, knowing again that the use of metaphors in economic work has seen a resurgence since the 1980s. This work will be of interest to advanced students and researchers in the history of economic thought, and economics and language.

Full Product Details

Author:   Roberto Baranzini ,  Daniele Besomi
Publisher:   Taylor & Francis Ltd
Imprint:   Routledge
Weight:   0.710kg
ISBN:  

9780367701062


ISBN 10:   0367701065
Pages:   290
Publication Date:   25 August 2022
Audience:   College/higher education ,  Tertiary & Higher Education
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

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

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Author Information

Roberto Baranzini is a professor in economics and in the history and philosophy of economics at the Centre Walras-Pareto, University of Lausanne, Switzerland. His research covers the second half of the 19th century and the beginning of the 20th century, focusing on the work of Léon Walras and on the Ecole de Lausanne until the 1960s. Daniele Besomi is senior research fellow at the Centre Walras-Pareto, University of Lausanne, Switzerland. His research centres on the history of business cycles and crises theories, and his writings include some on the key metaphors used frequently by writers on the subjects.

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