IDEAS home Printed from https://ideas.repec.org/p/hal/journl/halshs-00515386.html
   My bibliography  Save this paper

Le tâtonnement "marshallien" dans les premiers écrits d'Oskar Lange

Author

Listed:
  • Emeric Lendjel

    (Centre d'études interdisciplinaires Walras-Pareto - UNIL - Université de Lausanne = University of Lausanne)

Abstract

Based on Lange's neglected first writings (Lange [1932], [1935a], [1935b]), this article shows that Lange developed an original conception of market adjustment processes in his famous 1936-7 article. In particular, two points are showed here. 1/ Lange developed an original model that described the lagged and progressive adjustment process of supply in industrial sectors (completing the cobweb diagram that concern mainly agricultural sectors). 2/ Lange tried to articulate these different an particular models in a general frame which corresponds to the tâtonnement. The article shows that this conception is related to a marshallian approach rather than to a walrassian one.

Suggested Citation

  • Emeric Lendjel, 2001. "Le tâtonnement "marshallien" dans les premiers écrits d'Oskar Lange," Post-Print halshs-00515386, HAL.
    • Handle: RePEc:hal:journl:halshs-00515386
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00515386
    as

    Download full text from publisher

    File URL: https://shs.hal.science/halshs-00515386/document
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Vroey, Michel De, 1999. "Transforming Walras Into a Marshallian Economist: A Critical Review of Donald Walker's Walras's Market Models," Journal of the History of Economic Thought, Cambridge University Press, vol. 21(4), pages 413-435, December.
    2. Milton Friedman, 1949. "The Marshallian Demand Curve," Journal of Political Economy, University of Chicago Press, vol. 57, pages 463-463.
    3. Donald A. Walker, 1997. "Advances in General Equilibrium Theory," Books, Edward Elgar Publishing, number 1216.
    4. De Vroey, Michel, 1999. "The Marshallian Market and the Walrasian Economy. Two Incompatible Bedfellows," Scottish Journal of Political Economy, Scottish Economic Society, vol. 46(3), pages 319-338, August.
    5. Michel De Vroey, 2002. "The history of economic thought: the French way," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 9(4), pages 672-687.
    6. Nicholas Kaldor, 1934. "A Classificatory Note on the Determinateness of Equilibrium," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 1(2), pages 122-136.
    7. Peter Murrell, 1983. "Did the theory of market socialism answer the challenge of Ludwig von Mises? A reinterpretation of the socialist controversy," History of Political Economy, Duke University Press, vol. 15(1), pages 92-105, Spring.
    8. Roberts, Paul Craig, 1971. "Oskar Lange's Theory of Socialist Planning," Journal of Political Economy, University of Chicago Press, vol. 79(3), pages 562-577, May-June.
    9. John E. Elliott, 1976. "Marx and Contemporary Models of Socialist Economy," History of Political Economy, Duke University Press, vol. 8(2), pages 151-184, Summer.
    10. Vaughn, Karen I, 1980. "Economic Calculation under Socialism: The Austrian Contribution," Economic Inquiry, Western Economic Association International, vol. 18(4), pages 535-554, October.
    11. Abram Bergson, 1967. "Market Socialism Revisited," Journal of Political Economy, University of Chicago Press, vol. 75, pages 655-655.
    12. De Vroey, Michel, 1999. "Equilibrium and Disequilibrium in Economic Theory: A Confrontation of the Classical, Marshallian and Walras-Hicksian Conceptions," Economics and Philosophy, Cambridge University Press, vol. 15(2), pages 161-185, October.
    13. O. Lange, 1935. "Marxian Economics and Modern Economic Theory," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 2(3), pages 189-201.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Goulven Rubin, 2014. "Oskar Lange or how IS-LM came to be interpreted as a Walrasian model," Working Papers halshs-01018658, HAL.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Émeric Lendjel, 2001. "Le tâtonnement "marshallien" dans les premiers écrits d'Oskar Lange," Cahiers d'Économie Politique, Programme National Persée, vol. 38(1), pages 79-114.
    2. James A. Yunker, 1991. "The Equity-Efficiency Tradeoff under Capitalism and Market Socialism," Eastern Economic Journal, Eastern Economic Association, vol. 17(1), pages 31-44, Jan-Mar.
    3. Michel, DE VROEY, 2007. "Marshallian and Walrasian Theory, Complementary or Alternative Approaches ? The Views in Presence," Discussion Papers (ECON - Département des Sciences Economiques) 2007002, Université catholique de Louvain, Département des Sciences Economiques.
    4. Pascal Bridel, 2002. "Patinkin, Walras and the 'money-in-the-utility-function' tradition," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 9(2), pages 268-292.
    5. Goulven Rubin, 2011. "Oskar Lange and the influence of Walrasian theory during the Keynesian revolution," Working Papers halshs-00817758, HAL.
    6. Michel De Vroey, 2000. "Marshall on equilibrium and time: a reconstruction," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 7(2), pages 245-269.
    7. Anna B. Faria & John Robert Subrick, 2023. "After Shleifer, who needs Mises?," Southern Economic Journal, John Wiley & Sons, vol. 89(3), pages 680-693, January.
    8. Kamath Shyam J., 1994. "Privatization: A Market Prospect Perspective," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 5(1), pages 1-52, March.
    9. Pascal Bridel & Elisabeth Huck, 2002. "Yet another look at Leon Walras's theory of tatonnement," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 9(4), pages 513-540.
    10. Goulven Rubin, 2014. "Oskar Lange or how IS-LM came to be interpreted as a Walrasian model," Working Papers halshs-01018658, HAL.
    11. Coyne,Christopher J., 2020. "Defense, Peace, and War Economics," Cambridge Books, Cambridge University Press, number 9781108724036.
    12. Stavros Ioannides, 2000. "Austrian Economics, Socialism and Impure Forms of Economic Organisation," Review of Political Economy, Taylor & Francis Journals, vol. 12(1), pages 45-71.
    13. Graham,Errol George & Tchale,Hardwick & Ndione,Mamadou, 2020. "An Optimal Rice Policy for Sierra Leone : Balancing Consumer and Producer Welfare," Policy Research Working Paper Series 9369, The World Bank.
    14. Jael, Paul, 2015. "Socialist Calculation and Market Socialism," MPRA Paper 64255, University Library of Munich, Germany.
    15. Fausto, Cavalli, 2016. "A cobweb model with alternating demand and supply functions," Working Papers 325, University of Milano-Bicocca, Department of Economics, revised 07 Feb 2016.
    16. Klaus Jaffe, 2015. "Agent based simulations visualize Adam Smith's invisible hand by solving Friedrich Hayek's Economic Calculus," Papers 1509.04264, arXiv.org, revised Nov 2015.
    17. Massimo Cingolani, 2015. "Sylos Labini su Marx: implicazioni per la politica economica (Sylos Labini on Marx: economic policy implications)," Moneta e Credito, Economia civile, vol. 68(269), pages 81-147.
    18. Asensio, Angel & Charles, Sébastien & Lang, Dany & Le Heron, Edwin, 2011. "Les développements récents de la macroéconomie post-keynésienne," Revue de la Régulation - Capitalisme, institutions, pouvoirs, Association Recherche et Régulation, vol. 10.
    19. Boettke, Peter J. & Candela, Rosolino A., 2023. "On the feasibility of technosocialism," Journal of Economic Behavior & Organization, Elsevier, vol. 205(C), pages 44-54.
    20. Brantley Liddle, 2018. "Warming And Income Growth In The United States: A Heterogeneous, Common Factor Dynamic Panel Analysis," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 9(04), pages 1-14, November.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:halshs-00515386. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.