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rather than the grayer
Keynesian policies. Thus, the vision that monetary and fiscal policy should be used as a balance wheel, which forms a key element in the textbook policy revolution, deserves to be called Lernerian rather than Keynesian."
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Lerner never stayed at one institution long, serving on the faculties of nearly a dozen universities and accepting over 20 visiting appointments. Lerner was 62 when he was given a professorship at the
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in 1965 and left after reaching mandatory retirement age six years later. During his time there, Lerner criticized the unrest caused by the student protests as a threat to
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Abba Lerner taught in the
Economics Department at Florida State University, for several years. He stopped teaching after he suffered a stroke while visiting Israel.
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2268:"What eventually became known as textbook Keynesian policies were in many ways Lerner's interpretations of Keynes's policies, especially those expounded in
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1985:
Booms and Busts: An
Encyclopedia of Economic History from the First Stock Market Crash of 1792 to the Current Global Economic Crisis
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1822:'s original model of socialism, where the social dividend would be distributed to each citizen as a lump-sum payment.
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1761:. In 1937, Lerner emigrated to the United States. While in the US, he befriended intellectual opponents
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family, which emigrated to Great
Britain when Lerner was three years old. Lerner grew up in London's
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2019:: 1571–79, argues for the influence of Lerner's interpretation Keynes in "textbook" Keynesianism.
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Abba P. Lerner, 1934. "The
Concept of Monopoly and the Measurement of Monopoly Power,"
2008:
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2164: • _____, 1937. "Statics and Dynamics in Socialist Economics,"
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and ch. 12, sect. 12–6, Lerner
Symmetry Theorem, scrollable preview, pp.
1738:
1709:; 28 October 1903 – 27 October 1982) was a Russian-born American-British
2497:"Functional Finance and Full Employment: Lessons from Lerner for Today?"
1848:
states that an import tariff can have the same effects as an export tax.
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32:
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1897:
1790:, he has been recognized as one of the greatest economists of his era.
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2294:
Abba P. Lerner, 1936. "The
Symmetry Between Import and Export Taxes",
2365: • _____, 1952. "Factor Prices and International Trade,"
2144: • _____, 1934. "Economic Theory and Socialist Economy,"
1734:
1210:
2134:
Abba P. Lerner, 1938. "Theory and
Practice in Socialist Economics".
1022:
2404:
Abba P. Lerner, 1943. "Functional
Finance and the Federal Debt,"
455:
2549:
2421:
2108:
Scitovsky, Tibor (1984). "Lerner's Contribution to Economics".
2545:
2195:
Tadeusz Kowalik (2008), "Lange, Oskar Ryszard (1904–1965),"
2154: • _____, 1936. "A Note on Socialist Economics",
1745:
schools, and as an entrepreneur. In 1929, Lerner entered the
2047:
On Ethics and Economics: Conversations with Kenneth J. Arrow
1803:
which featured decentralised market pricing proportional to
2011:(December 1984), "Was Keynes a Keynesian or a Lernerian?",
3117:
Distinguished fellows of the American Economic Association
2259:, by Van Tier, Walter. March 2002. USBIG Conference, CUNY.
2089:. University of California Academic Senate. pp. 82–84
1863:
divided by price or equivalently the negative inverse of
3082:
Emigrants from the Russian Empire to the United Kingdom
2239:, 1985. "Human Fallibility and Economic Organization",
1967:
Abraham Psachia Lerner, Assistant Lecturer in Economics
1786:
Although Lerner never received the Sveriges Riksbank's
1741:
and from age 16 worked as a machinist, a teacher in
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23:
2214:, ( 2008). "Lerner, Abba Ptachya (1905–1982),"
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2440:International Trade Theory: A Critical Review
1675:
8:
1837:is credited to Lerner by historians such as
3122:Academics of the London School of Economics
2086:1988, University of California: In Memoriam
1757:in 1934–1935 brought him into contact with
3127:University of California, Berkeley faculty
2568:
2554:
2546:
1682:
1668:
171:
31:
20:
1881:Lerner improved the calculations made by
1788:Nobel Memorial Prize in Economic Sciences
3092:Alumni of the London School of Economics
2282:
2217:The New Palgrave Dictionary of Economics
2197:The New Palgrave Dictionary of Economics
1936:
183:
3087:British emigrants to the United States
2022:
2480:The Concise Encyclopedia of Economics
2071:
2069:
2067:
1855:measures potential monopoly power as
1451:International socialist organizations
399:To each according to his contribution
16:Russian-British economist (1903–1982)
7:
2044:Arrow, Kenneth J. (25 August 2016).
1944:The London Gazette (8 November 1935)
1814:Lerner contributed to the idea of a
1807:and in so doing contributed to the
3112:Fellows of the Econometric Society
3040:
1774:University of California, Berkeley
14:
2475:"Abba Ptachya Lerner (1905–1982)"
3132:Florida State University faculty
2485:Library of Economics and Liberty
1892:Lerner developed the concept of
1649:
1637:
1620:
191:
3107:20th-century British economists
2324:Lectures on International Trade
2517:Biographical Memoirs Volume 64
2495:Mathew Forstater (July 1999).
2110:Journal of Economic Literature
2013:Journal of Economic Literature
1900:with a given amount of wealth.
1874:, which is known since as the
1:
2257:Who framed 'social dividend'?
1870:Lerner improved a formula of
284:Critique of political economy
2174: • _____, 1944,
1799:Lerner developed a model of
1554:Socialist calculation debate
1524:List of socialist economists
1499:Economic calculation problem
384:Socialist mode of production
241:Socialist calculation debate
2274:The Economics of Employment
1809:Lange–Lerner–Taylor theorem
3153:
2344:Review of Economic Studies
2326:, 2nd Edition, MIT Press.
2156:Review of Economic Studies
2146:Review of Economic Studies
2136:Review of Economic Studies
2029:: CS1 maint: postscript (
1747:London School of Economics
139:London School of Economics
3097:Post-Keynesian economists
1876:Marshall–Lerner condition
1818:by incorporating it into
1749:, where he studied under
1549:Socialism and LGBT rights
493:Socialist-oriented market
441:Socialist planned economy
344:Material balance planning
166:
105:
30:
2522:National Academies Press
2505:Levy Economics Institute
2390:Eastern Economic Journal
2384:The Economics of Control
2382:• Abba P. Lerner, 1944,
2361:The Economics of Control
2359:• Abba P. Lerner, 1944,
2270:The Economics of Control
2241:American Economic Review
2176:The Economics of Control
1955:New York Passenger Lists
1924:Lerner–Samuelson theorem
488:Socialist market economy
413:Workers' self-management
379:Socialism in one country
226:Age of the Enlightenment
129:Post-Keynesian economics
101:Russian-British-American
2937:Stephany Griffith-Jones
2220:, 2nd Edition. Preview
1983:Odekon, Mehmet (2011).
1894:distributive efficiency
1846:Lerner symmetry theorem
1489:Criticism of capitalism
500:Participatory economics
334:Labour-time calculation
2749:John Kenneth Galbraith
2503:. No. 272. The Jerome
2438:Murray C. Kemp, 2008.
1987:. Armonk, NY: Sharpe.
1753:. A six-month stay at
1733:, Lerner grew up in a
1494:Criticism of socialism
446:Decentralized planning
349:Peer‑to‑peer economics
47:Abraham Ptachya Lerner
2320:T. N. Srinivasan
1833:as the twin tools of
3137:Socialist economists
2839:Pavlina R. Tcherneva
2524:. pp. 209–230.
2425:, N.S., 19(73), pp.
2369:, N.S., 19(73), pp.
2272:(1944) and later in
2182:article book-review
1926:goes back to Lerner.
1805:marginal social cost
1644:Communism portal
1627:Socialism portal
319:Industrial democracy
269:Collective ownership
87:Tallahassee, Florida
3044:Keynesian economics
2593:John Maynard Keynes
2386:, Macmillan, ch. 3.
2312:Jagdish N. Bhagwati
2298:, N.S., 3(11), pp.
1911:, Lerner developed
1835:Keynesian economics
1759:John Maynard Keynes
1707:Abba Psachia Lerner
1529:Market abolitionism
1514:Left-libertarianism
451:Inclusive Democracy
418:Workplace democracy
264:Calculation in kind
246:Socialist economics
236:Revolutions of 1848
153:John Maynard Keynes
3102:Welfare economists
2744:James K. Galbraith
2681:Arthur Melvin Okun
2520:. Washington, DC:
2278:Functional Finance
2237:Joseph E. Stiglitz
1973:, 8 November 1935.
1971:The London Gazette
1913:functional finance
1534:Marxist philosophy
354:Production for use
324:Input–output model
289:Economic democracy
3054:
3053:
2942:Nobuhiro Kiyotaki
2887:Olivier Blanchard
2844:Anthony Thirlwall
2671:Franco Modigliani
2621:James Duesenberry
2531:978-0-309-04978-8
2442:, Routledge, pp.
2316:Arvind Panagariya
2057:978-1-317-19779-9
1885:on the effect of
1883:Wilhelm Launhardt
1865:demand elasticity
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1691:
1484:Communist society
1456:Socialist parties
715:Saint-Simonianism
304:Equal opportunity
294:Economic planning
231:French Revolution
170:
169:
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3077:Bessarabian Jews
3042:
3017:Michael Woodford
3007:Lawrence Summers
2962:Maurice Obstfeld
2932:Robert J. Gordon
2854:Sidney Weintraub
2834:G. L. S. Shackle
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2487:(2nd ed.).
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1778:academic freedom
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1569:Workers' council
1206:Gracchi Brothers
730:Social democracy
473:Market socialism
461:Project Cybersyn
389:Soviet democracy
374:Social ownership
329:Internationalism
309:Free association
279:Common ownership
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2997:Andrei Shleifer
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2917:Stanley Fischer
2902:Richard Clarida
2897:Guillermo Calvo
2863:
2859:L. Randall Wray
2849:William Vickrey
2824:Steven Pressman
2779:Nicholas Kaldor
2759:Myron J. Gordon
2721:Post-Keynesians
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1917:full employment
1872:Alfred Marshall
1831:monetary policy
1816:social dividend
1796:
1767:Barry Goldwater
1763:Milton Friedman
1751:Friedrich Hayek
1719:
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1559:Socialist Party
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369:Social dividend
359:Sharing economy
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149:Friedrich Hayek
135:Alma mater
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110:Academic career
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3012:John B. Taylor
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2992:Robert Shiller
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2977:Kenneth Rogoff
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2877:George Akerlof
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2869:New Keynesians
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2804:Abba P. Lerner
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2796:
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2784:Michał Kalecki
2781:
2776:
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2769:Michael Hudson
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2764:Geoff Harcourt
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2729:Victoria Chick
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2701:Paul Samuelson
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2676:Robert Mundell
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2656:Lawrence Klein
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2616:William Baumol
2613:
2611:Gardner Ackley
2607:
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2603:Neo-Keynesians
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2456:External links
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2178:, Macmillan. (
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2100:
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2000:
1993:
1975:
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1947:
1935:
1934:
1932:
1929:
1928:
1927:
1920:
1901:
1890:
1887:terms of trade
1879:
1868:
1859:of price over
1849:
1842:
1839:David Colander
1823:
1820:Oskar R. Lange
1812:
1795:
1792:
1731:Russian Empire
1718:
1715:
1703:Ptachya Lerner
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69:Russian Empire
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40:
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37:Lerner in 1938
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25:Abba P. Lerner
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2734:Paul Davidson
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2699:
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2696:William Poole
2694:
2692:
2691:Bill Phillips
2689:
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2679:
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2666:Lloyd Metzler
2664:
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2646:Walter Heller
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2626:Robert Eisner
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2501:Working Paper
2498:
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2486:
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2481:
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2472:
2469:
2468:"Abba Lerner"
2466:
2463:
2462:"Abba Lerner"
2460:
2459:
2455:
2448:
2445:
2441:
2435:
2432:
2428:
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2418:
2415:
2411:
2408:, 10(1), pp.
2407:
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2283:Colander 1984
2279:
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2258:
2253:
2250:
2246:
2243:, 75(2), pp.
2242:
2238:
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2115:
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2104:
2101:
2088:
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2079:; B. Hansen;
2078:
2077:GĂ©rard Debreu
2072:
2070:
2068:
2064:
2059:
2053:
2050:. Routledge.
2049:
2048:
2040:
2037:
2032:
2026:
2018:
2014:
2010:
2004:
2001:
1996:
1994:9780765682246
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1861:marginal cost
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1827:fiscal policy
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1587:Related lists
1585:
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1570:
1567:
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1562:
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1557:
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1550:
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888:Chernyshevsky
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772:Intellectuals
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736:
733:
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723:
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708:
706:
705:Revolutionary
703:
701:
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696:
693:
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688:
686:
683:
681:
678:
676:
673:
671:
668:
666:
663:
661:
658:
656:
653:
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648:
646:
643:
641:
640:Laissez-faire
638:
636:
633:
631:
628:
626:
623:
621:
618:
616:
613:
611:
608:
606:
603:
601:
598:
596:
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591:
588:
586:
583:
581:
578:
576:
573:
571:
568:
566:
563:
561:
558:
556:
553:
551:
548:
546:
545:Authoritarian
543:
541:
538:
536:
533:
531:
528:
526:
523:
521:
518:
517:
514:
509:
508:
501:
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491:
489:
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467:
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457:
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449:
447:
444:
443:
442:
439:
437:
434:
433:
427:
426:
419:
416:
414:
411:
409:
406:
404:
400:
397:
395:
394:Strike action
392:
390:
387:
385:
382:
380:
377:
375:
372:
370:
367:
365:
362:
360:
357:
355:
352:
350:
347:
345:
342:
340:
337:
335:
332:
330:
327:
325:
322:
320:
317:
315:
312:
310:
307:
305:
302:
300:
299:Equal liberty
297:
295:
292:
290:
287:
285:
282:
280:
277:
275:
272:
270:
267:
265:
262:
261:
255:
254:
247:
244:
242:
239:
237:
234:
232:
229:
227:
224:
223:
217:
216:
210:
207:
205:
202:
201:
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198:
194:
190:
189:
186:
182:
178:
174:
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165:
162:
158:
154:
150:
147:
143:
140:
137:
133:
130:
127:
121:
117:
113:
108:
104:
100:
96:
92:
91:United States
88:
78:
74:
70:
66:
62:
45:
41:
34:
29:
22:
19:
3022:Janet Yellen
2972:Ricardo Reis
2947:Paul Krugman
2927:Mark Gertler
2892:Alan Blinder
2882:Ben Bernanke
2809:Hyman Minsky
2803:
2774:Richard Kahn
2754:Wynne Godley
2706:Robert Solow
2686:Don Patinkin
2636:Alvin Hansen
2535:. Retrieved
2516:
2512:David Landes
2500:
2489:Liberty Fund
2478:
2447:Description.
2439:
2434:
2422:
2417:
2405:
2400:
2392:, 4(1), pp.
2389:
2383:
2378:
2366:
2363:, Macmillan.
2360:
2355:
2346:, 1(3), pp.
2343:
2338:
2323:
2307:
2295:
2290:
2273:
2269:
2264:
2256:
2252:
2240:
2228:
2215:
2207:
2196:
2191:
2175:
2165:
2158:, 4(1), pp.
2155:
2148:, 2(1), pp.
2145:
2138:, 6(1), pp.
2135:
2130:
2113:
2109:
2103:
2091:. Retrieved
2085:
2046:
2039:
2016:
2012:
2003:
1984:
1978:
1970:
1961:
1950:
1939:
1853:Lerner index
1785:
1782:
1771:
1723:Novoselytsia
1720:
1706:
1702:
1698:
1694:
1693:
600:Evolutionary
520:21st-century
314:Freed market
81:(1982-10-27)
61:Novoselytsia
18:
3072:1982 deaths
3067:1903 births
2982:David Romer
2957:Marc Melitz
2952:Greg Mankiw
2907:Brad DeLong
2819:Basil Moore
2799:Marc Lavoie
2739:Evsey Domar
2711:James Tobin
2661:James Meade
2328:Description
1825:The use of
1631:WikiProject
1509:French Left
1301:Spiridonova
1200:Politicians
1113:Castoriadis
793:Saint-Simon
745:Third World
740:Syndicalism
675:Nationalist
650:Libertarian
615:Free-market
478:Lange model
466:Soviet-type
436:Communalism
408:Vanguardism
364:Spontaneism
274:Cooperative
220:Development
98:Nationality
3061:Categories
2922:Jordi GalĂ
2794:Jan Kregel
2789:Steve Keen
2651:John Hicks
2641:Roy Harrod
2578:Keynesians
2285:, p. 1573)
2180:J.E. Meade
1931:References
1909:chartalism
1727:Bessarabia
1602:Socialists
1597:By country
1479:Capitalism
1361:Mitterrand
1326:Gerhardsen
1271:Liebknecht
1256:Markievicz
1183:Varoufakis
1133:Fotopoulos
803:Saint-Just
798:Buonarroti
783:Campanella
720:Scientific
655:Marhaenism
610:Fourierism
595:Ecological
575:Democratic
145:Influences
65:Bessarabia
53:1903-10-28
2912:Huw Dixon
2444:xiv–xvii.
2423:Economica
2367:Economica
2296:Economica
2201:Abstract.
1903:Based on
1755:Cambridge
1717:Biography
1711:economist
1474:Anarchism
1396:Gorbachev
1246:Malatesta
1241:Bernstein
1018:Pankhurst
998:Pannekoek
988:Luxemburg
943:Plekhanov
918:Carpenter
913:Kropotkin
710:Ricardian
700:Religious
695:Reformism
680:Nkrumaism
670:Municipal
570:Communism
565:Christian
550:Blanquism
540:Anarchism
483:Mutualism
185:Socialism
125:tradition
118:Economics
2514:(1994).
2184:extract.
2083:(1988).
2025:citation
1794:Research
1739:East End
1721:Born in
1592:Category
1331:Erlander
1291:Kerensky
1261:Connolly
1118:Thompson
1103:Bookchin
1093:Montseny
1043:Vanzetti
1008:Einstein
978:Landauer
883:Saltykov
878:Lassalle
838:Proudhon
620:Gandhian
605:Feminist
555:Buddhist
535:Agrarian
513:Variants
177:a series
175:Part of
3031:Related
2586:Founder
2537:8 April
2491:. 2008.
2332:215–19.
2322:, 1998
2122:2725381
2093:8 April
1898:utility
1857:mark-up
1695:Abraham
1426:Sánchez
1411:Sankara
1371:Mandela
1356:Kreisky
1346:Allende
1341:Senghor
1336:Douglas
1321:Durruti
1286:Trotsky
1178:Graeber
1158:Hampton
1128:Chomsky
1073:Marcuse
1058:Gramsci
1048:Bordiga
1038:Polanyi
993:Russell
983:Berkman
973:Goldman
963:Du Bois
933:Kautsky
928:Bellamy
893:Tolstoy
868:Wallace
853:Bakunin
843:Greeley
833:Blanqui
813:Fourier
760:Zionist
750:Utopian
690:Popular
685:Owenism
665:Marxism
645:Liberal
630:Islamic
590:Ethical
585:Digital
560:Chinese
525:African
209:Outline
204:History
2528:
2394:51–65.
2318:, and
2120:
2054:
1991:
1743:Hebrew
1735:Jewish
1705:(also
1421:Marcos
1416:Chávez
1406:Corbyn
1381:Manley
1376:DubÄŤek
1366:Nasser
1306:Makhno
1296:Attlee
1281:Martov
1266:Gandhi
1221:Babeuf
1211:Mazdak
1173:Hedges
1153:Ă–calan
1138:Newton
1098:Sartre
1088:Guérin
1083:Orwell
1033:Korsch
1028:Lukács
1013:Keller
1003:Rocker
948:Ferrer
903:Morris
898:Michel
873:Lavrov
863:Engels
848:Herzen
823:Leroux
755:Yellow
660:Market
635:Jewish
430:Models
2350:–175.
2302:–313.
2247:–297.
2222:link.
2172:–270.
2118:JSTOR
1607:Songs
1581:Lists
1386:Palme
1236:Bebel
1226:Blanc
1188:Saito
1163:Žižek
1143:Wolff
1078:James
1063:Sacco
1053:Serge
1023:Volin
968:Gorky
958:Wells
953:Dewey
938:Wilde
923:Sorel
908:Jones
818:Cabet
788:Paine
735:State
725:Sewer
625:Guild
403:needs
258:Ideas
115:Field
2539:2017
2526:ISBN
2429:–15.
2412:–51.
2373:–15.
2235:and
2162:–76.
2152:–61.
2142:–75.
2095:2017
2052:ISBN
2031:link
1989:ISBN
1922:The
1907:and
1851:The
1844:The
1829:and
1765:and
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1401:Lula
1316:Nagy
1311:Tito
1276:Blum
1251:Debs
1231:Hong
1216:Roux
1168:West
1123:Ward
1108:Zinn
858:Marx
808:Owen
778:More
530:Arab
456:OGAS
76:Died
43:Born
2348:157
2300:306
2245:292
2170:253
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1391:Che
1148:Ali
1068:Day
828:Sue
3063::
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2160:72
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2140:71
2114:22
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