Henry Ludwell Moore and the Dynamic Complement of Pure Economics

Drawing on H.L. Moore’s reflections on method, and in particular the place of pure economics in relation to dynamics and statistics, this paper focuses on Moore’s last attempt at the end of the 1920s to analyze economic dynamics within a general equilibrium framework. Moore suggests abandoning Walra...

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Main Author: Alain Raybaut
Format: Article
Language:English
Published: Association Œconomia 2013-09-01
Series:Œconomia
Subjects:
Online Access:http://journals.openedition.org/oeconomia/325
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spelling doaj-db6d58a003944163a92b03f24054ef2d2020-11-25T00:32:06ZengAssociation ŒconomiaŒconomia2113-52072269-84502013-09-013222124010.4000/oeconomia.325Henry Ludwell Moore and the Dynamic Complement of Pure EconomicsAlain RaybautDrawing on H.L. Moore’s reflections on method, and in particular the place of pure economics in relation to dynamics and statistics, this paper focuses on Moore’s last attempt at the end of the 1920s to analyze economic dynamics within a general equilibrium framework. Moore suggests abandoning Walras’s conception of a static and hypothetical general equilibrium state based on free competition, and adopting a concrete and dynamic approach. In this perspective, Moore conceives a tentative dynamic and potentially computable general equilibrium framework that specifically introduces relative deviations in the data on services, commodities, and capital, from their trend values.http://journals.openedition.org/oeconomia/325economic dynamicspure economicsstatisticsequilibrium business cycle theories
collection DOAJ
language English
format Article
sources DOAJ
author Alain Raybaut
spellingShingle Alain Raybaut
Henry Ludwell Moore and the Dynamic Complement of Pure Economics
Œconomia
economic dynamics
pure economics
statistics
equilibrium business cycle theories
author_facet Alain Raybaut
author_sort Alain Raybaut
title Henry Ludwell Moore and the Dynamic Complement of Pure Economics
title_short Henry Ludwell Moore and the Dynamic Complement of Pure Economics
title_full Henry Ludwell Moore and the Dynamic Complement of Pure Economics
title_fullStr Henry Ludwell Moore and the Dynamic Complement of Pure Economics
title_full_unstemmed Henry Ludwell Moore and the Dynamic Complement of Pure Economics
title_sort henry ludwell moore and the dynamic complement of pure economics
publisher Association Œconomia
series Œconomia
issn 2113-5207
2269-8450
publishDate 2013-09-01
description Drawing on H.L. Moore’s reflections on method, and in particular the place of pure economics in relation to dynamics and statistics, this paper focuses on Moore’s last attempt at the end of the 1920s to analyze economic dynamics within a general equilibrium framework. Moore suggests abandoning Walras’s conception of a static and hypothetical general equilibrium state based on free competition, and adopting a concrete and dynamic approach. In this perspective, Moore conceives a tentative dynamic and potentially computable general equilibrium framework that specifically introduces relative deviations in the data on services, commodities, and capital, from their trend values.
topic economic dynamics
pure economics
statistics
equilibrium business cycle theories
url http://journals.openedition.org/oeconomia/325
work_keys_str_mv AT alainraybaut henryludwellmooreandthedynamiccomplementofpureeconomics
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