Journal of Economic Issues

Founded in 1967, the Journal of Economic Issues is a quarterly journal that publishes articles on economic methodology, economic control and policy problems. It also contains book reviews and proceedings of annual meetings conducted by the Association of Evolutionary Economics, its publisher.It is edited by Richard V. Adkisson.

Articles from Vol. 28, No. 1, March

A Reassessment of Institutionalist-Mainstream Relations
Relations between institutionalists and main stream economists can scarcely be said to be improving and arguably have worsened in the past dozen years. Main stream economics has seen the emergence of "new classical economics" (to monetarism have been...
Comparison of Marxism and Institutionalism
It is our view that Marxism and institutionalism have much in common--and that it is useful in the United States to stress the common ground among all critical economists. We also recognize that there are different viewpoints within each of these paradigms....
Cumulative Tax Rates on the Working Poor: Evidence of a Continuing Poverty Wall
The persistence of poverty in the United States remains an analytical and political issue |Sawhill 1988~. "Welfare" programs' contribution to this persistence likewise has been the subject of heated political exchanges and less impassioned but no less...
Economic Institutions and the Satisfaction of Human Needs
societal preconditions are compatible, or whether there are conflicts between any of them. 4. See Hodgson |1988~ and Etzioni |1988~. The labels are confusing here. "The new institutionalism" usually refers to modifications of neoclassical economics,...
ERISA: Law, Interests, and Consequences
The Employee Retirement Income Security Act of 1974 (ERISA) preempted state law on employee benefits, required that federal courts adjudicate disputes about employee benefit claims, established fiduciary standards, and required that corporate plan sponsors...
Gardiner Means on Administered Prices and Administrative Inflation
While he never rowed in the mainstream, Gardiner C. Means (1896-1988) was an original and independent-minded researcher and writer who had considerable influence on economic thought and public opinion. Although he was often characterized as an empiricist...
Governance, Economic Restructuring, and International Competitiveness
The (de-)regulation debate of the 1980s only marginally touched upon two central theoretical, as well as practical, aspects of the problem: the functions and the institutions of regulation. As a rule, economists consider that there is a function for...
Imbalance in Part-Time Employment
Many labor economists view changes in the proportion of the labor force working part-time as evidence of a fundamental restructuring of the employer-employee relationship. The current literature on contingent(1) workers argues that part-time workers...
Karl Popper's Theory of Science and Econometrics: The Rise and Decline of Social Engineering
University Press, 1970. -----. Conjectures and Refutations. 4th ed. 1963. Reprint. London: Routledge and Kegan Paul, 1972a. -----. The Logic of Scientific Discovery. 6th ed. 1959. Reprint. London: Hutchinson, 1972b. -----. "Autobiography of Karl Popper."...
The Myth of Two Coases: What Coase Is Really Saying
"When I use a word, it means just what I choose it to mean--either more nor less." --Humpty-Dumpty in Lewis Carroll's Through the Looking Glass. In the December 1992 issue of this journal, E. Ray Canterbery and A. Marvasti take issue with the Coase...
Two Coases or Two Theorems?
Professor Steven Medema |1993~ has written a thoughtful, readable commentary on our recent article |1992~. He suggests that our critique of the Coase Theorem "is largely on the mark"; only pathological modesty could provoke our disagreement. Medema chooses...