Methodology, Microeconomics and Keynes: Essays in Honor of Victoria Chick - Vol. 2

Methodology, Microeconomics and Keynes: Essays in Honor of Victoria Chick - Vol. 2

Methodology, Microeconomics and Keynes: Essays in Honor of Victoria Chick - Vol. 2

Methodology, Microeconomics and Keynes: Essays in Honor of Victoria Chick - Vol. 2

Synopsis

This volume, along with its companion volume, Money, Macroeconomics and Keynes, is published in honour of Victoria Chick. It is inspired by her own contributions to knowledge in the field of Keynesian economics.

Excerpt

Keynes talked of The General Theory of Employment, Interest and Money as part of his 'long struggle to escape from habitual modes of thought and expression'. But these modes of thought and expression continued to prevail, requiring subsequent like-minded economists to engage in their own struggle to escape. Victoria Chick is one of the leading economists to engage in such a struggle, and to assist others in the process.

We have prepared this volume and its companion volume, Money, Macroeconomics and Keynes, bearing in mind the many economists, dispersed all over the world, who have assiduously sought outVictoria Chick's writings over the years to provide illumination and inspiration, who have benefited from her teaching, guidance and friendship, and who accordingly owe her a great debt of gratitude. It is therefore with great pleasure that we have invited a subset of her enormous international audience to contribute to the two volumes in her honour on the occasion of her retirement from University College London (UCL).

Victoria Chick was born in 1936, in Berkeley, California. She studied at the University of California at Berkeley where she took her Bachelor's and Master's degrees. Berkeley's Department of Economics was particularly strong and eclectic at that time. Thus, very high quality and tremendous concentration of calibre were two characteristics of the environment in which Victoria Chick developed as an economist. the important ingredient of that environment was the disparity of views that were flowing in the corridors and seminar rooms of the Department. the independent character and personality of Victoria Chick were stimulated by the diversity of theoretical views there, but she did not take sides on ideology or methodology. That came later. However, a continuity in her relationship with Berkeley was maintained through her friendship with Hyman Minsky.

At Berkeley she specialised in international trade theory and wrote a thesis on Canada's 1950s experience with flexible exchange rates. Then, in 1960 she moved to the London School of Economics (LSE) to continue postgraduate studies, where the impetus of Berkeley was maintained, indeed enhanced. That was the heyday of 'Methodology, Measurement and Testing' at the lse. Just as at

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