The essays in this Festschrift have been chosen to honour Harald Hagemann and his scientific work. They reflect his main contributions to economic research and his major fields of interest. The essays in the first part deal with various aspects within the history of economic thought. The second part is about the current state of macroeconomics. The essays in the third part of the book cover topics on economic growth and structural dynamics.

Autorentext

Hagen M. Krämer is Professor of Economics at the Karlsruhe University of Applied Sciences, Germany.

Heinz D. Kurz is Professor of Economics at the University of Graz, Austria.

Hans-Michael Trautwein is Professor of International Economics at the Carl von Ossietzky University of Oldenburg, Germany.

Inhalt

1. Harald Hagemann at 65: An Introduction Hagen M. Krämer and Heinz D. Kurz Hans-Michael Trautwein Part 1: History of Economic Thought 2. The Idea of Development in German Economics Bertram Schefold 3. Ricardo on Gross and Net Revenue Christian Gehrke 4. Friedrich Engels: The Architect of Marxism as a "Science" Ragip Ege 5. Walras and Pareto on the Connection Between the Trade Cycle and General Equilibrium Theory Pascal Bridel 6. Competing Monetary Explanations of Macroeconomic Instability before 1936 David Laidler 7. The Austrian Economists and Academic Politics in the Interwar Period Hansjörg Klausinger 8. Ingvar Svennilson and the Kaldor-Verdoon Law Mauro Boianovsky 9. Highlights on the Cambridge School: The Italian Connection Pier Luigi Porta 10. How Ideas Migrate Earlene Craver 11. Wandering Thoughts on the Migration of Knowledge Axel Leijonhufvud 12. A Slender Trunk and Many Branches: The History of Economic Thought in Perspective, Past and Future Maria Cristina Marcuzzo Part 2: The Current State of Macroeconomics 13. The Crisis in Macroeconomics Geoffrey Harcourt 14. Modern Macroeconomics and Keynes: Some Sketchy Reflections Volker Caspari 15. A Historical, Theoretical and Empirical Perspective on Inflation Targeting Philip Arestis 16. 'To Use the Words of Keynes...' - Olivier Blanchard on Keynes and the 'Liquidity Trap' Ingo Barens 17. Debt Deflation, Balance Sheet Recession and the Recent Financial Crisis Peter Kalmbach 18. Sinn after Böhm-Bawerk: Income Distribution, Capital Flows and Current Account Balances in EMU Hagen Krämer and Peter Spahn 19. The Problem of Money Illusion in Economics Georg Erber 20. Some Notes on Understanding Inflation Edward J. Nell 21. Inflation: A Barrier to High Employment? Jürgen Kromphardt Part 3: Economic Growth and Structural Dynamics 22. Some Thoughts About Trend and Cycle Stephan Seiter 23. Structural Economic Dynamics: Decisions, Methods and Theories Roberto Scazzieri 24. Economic Rationality and the Emergence of Institutions: A Schumpeterian View Richard Arena 25. Innovation, Institutions and Competition: A Reflection on the Contribution of the Soft Budget Constraint Approach Muriel Dal Pont Legrand 26. Economic Development: More Creation Than Destrucion Andreas Pyka and Pier-Paolo Saviotti 27. Market Definition in Technologically Dynamic Markets: An Example from Mobile Telecommunications Ulriche Schwalbe and Tone Arnold 28. International Innovation Strategies and Evolutionary Dynamics in In Global Manufacturing Alexander Gerybadze 29. Classical and Neoclassical Theories of Offshore Outsourcing Deborah Winkler and William Milberg 30. Theoretical Foundations of Modern Macroeconomic Policies in a Small Open Economy: The Case of Norway Theo Schewe 31. How to Realize Sustainable Growth? Michael Von Hauff 32. Harald Hagemann: A Preliminary Biography, 1975 - 2011