Abstract

http://ssrn.com/abstract=1517983
 
 

References (34)



 
 

Citations (2)



 


 



Soviet Growth & American Textbooks


David M. Levy


George Mason University - Center for Study of Public Choice

Sandra J. Peart


University of Richmond - Jepson School of Leadership Studies

December 3, 2009


Abstract:     
We examine the treatment of Soviet growth in successive editions of American economics textbooks published between 1960 and 1980. What we find repeatedly is over-confidence in the potential for Soviet growth and an asymmetric response to past forecast errors. More than this, the textbooks report faster Soviet income growth combined with a constant ratio of Soviet–US income. Textbooks that abstracted from these institutional details (thin) offered a wider range of application than those which focused on one society (thick). A simple way to distinguish these two traditions is whether the book used a productivity possibility frontier [PPF] for cross-societal comparisons. Thick accounts did not while thin ones did. It was in the institutional dimension that the account by Tarshis differed from that of Samuelson.

Number of Pages in PDF File: 28

Keywords: Soviet growth, principles textbooks, Samuelson, Tarshis

JEL Classification: A20, P17, P27

working papers series


Download This Paper

Date posted: December 8, 2009 ; Last revised: December 15, 2009

Suggested Citation

Levy, David M. and Peart, Sandra J., Soviet Growth & American Textbooks (December 3, 2009). Available at SSRN: http://ssrn.com/abstract=1517983 or http://dx.doi.org/10.2139/ssrn.1517983

Contact Information

David M. Levy (Contact Author)
George Mason University - Center for Study of Public Choice ( email )
MSN 1d3 Carow Hall
4400 University
Fairfax, VA 22030
United States
Sandra J. Peart
University of Richmond - Jepson School of Leadership Studies ( email )
Jepson Hall
Richmond, VA 23173
United States
Feedback to SSRN


Paper statistics
Abstract Views: 4,401
Downloads: 808
Download Rank: 15,458
References:  34
Citations:  2

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo8 in 0.406 seconds