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Hicks et l'économie de la dépression

  • Goulven Rubin

Durant les années 1930, Hicks cherche à comprendre la crise à laquelle l'économie mondiale est confrontée. Mais à la différence de la plupart des économistes de l'époque, il tente de se représenter théoriquement la situation dans un cadre d'équilibre général walrassien. Le présent article étudie la façon dont Hicks a développé cette approche dans les derniers chapitres de Valeur et capital (1939). Hicks en vient à affirmer que les fluctuations du système capitaliste mettent son existence en danger et forme le projet d'une théorie des cycles qui accorderait une place centrale aux anticipations de prix et intégrerait un scénario d'effondrement du système. Les difficultés que ce projet rencontre dès 1939 sont analysées afin d'expliquer son abandon dans A Contribution to the Theory of the Trade Cycle (1950).

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Article provided by De Boeck Université in its journal Recherches économiques de Louvain.

Volume (Year): 77 (2011)
Issue (Month): 4 ()
Pages: 57-87

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Handle: RePEc:cai:reldbu:rel_774_0057
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