In a recent issue of "The American Economic Review (1983), William Frazer and Lawrence Boland present Milton Friedman's methodology as instrumentalism. The purpose of article is not to question Frazer and Boland's interpretation ...

This festschrift, featuring 26 papers by 36 authors, is a fitting tribute to Hollis Chenery who, for over three decades, has been one of the luminaries of development economics. Most of the issues he brought into focus, ...

He makes us first of all realize that being black in the world of economists does make a difference. And then he tells a story in which fortune has the better part with him as the unwilling participant who nevertheless repeatedly ...

Most doubtful, though, is Gruchy's unbridled faith in planning. The unpredictable dynamics Gruchy finds in economic systems argue strongly against centralized planning, as neo- Austrians suggest. At the practical level most ...

The 1970s witnessed the rise of two fashionable macroeconomic schools of thought--monetarism and the so-called "new classical" macroeconomics, the latter usually closely identified with one of the fundamental components, ...

If and only if each single cue uniquely defines its target, a independence model based on fragment theory can predict the strength of a combined dual cue from the strengths of its single cue components. If the single cues ...

A model of telescoping is proposed that assumes no systematic errors in dating. Rather, the overestimation of recent occurrences of events is based on the combination of three factors: (1) Retention is greater for recent ...