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Book part
Publication date: 1 March 2021

Hugo Chu

This chapter provides an alternative interpretation of the emergence of the “Ramsey-Cass-Koopmans” growth model, a framework which, alongside the overlapping generation

Abstract

This chapter provides an alternative interpretation of the emergence of the “Ramsey-Cass-Koopmans” growth model, a framework which, alongside the overlapping generation model, is the dominant approach in today’s macroeconomics. By focusing on the role Paul Samuelson played through the works he developed in the turnpike literature, the author’s goal is to provide a more accurate history of growth theory of the 1940–1960s, one which started before Solow (1956) but never had him as a central reference. Inspired by John von Neumann’s famous 1945 article, Samuelson wrote his first turnpike paper by trying to conjecture an alternative optimal growth path (Samuelson, 1949 [1966]). In the 1960s, after reformulating the intertemporal utility model presented in Ramsey (1928), Samuelson began to propound it as a representative agent model. Through Samuelson’s interactions with colleagues and PhD students at the Massachusetts Institute of Technology (MIT), and given his standing in the profession, he encouraged a broader use of that device in macroeconomics, particularly, in growth theory. With the publication of Samuelson (1965), Tjalling Koopmans and Lionel McKenzie rewrote their own articles in order to account for the new approach. This work complements a recently written account on growth theory by Assaf and Duarte (2018).

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Research in the History of Economic Thought and Methodology: Including a Selection of Papers Presented at the 2019 ALAHPE Conference
Type: Book
ISBN: 978-1-80071-140-2

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Article
Publication date: 1 May 1980

Judith M. Lannon

In the March/April issue of Consumer Affairs which reported the EEC Symposium of Food, Food Technology and Nutrition Labelling held in London earlier this year, John

Abstract

In the March/April issue of Consumer Affairs which reported the EEC Symposium of Food, Food Technology and Nutrition Labelling held in London earlier this year, John McKenzie is quoted as saying, ‘Food habits are changing: for economic reasons, (improved capacity to buy the foods the individual wants), because society is constantly changing (parenthood, changing jobs or houses stimulate change), and because of the changing trends in food imagery.’ Professor McKenzie said he omitted nutrition education and advertising as factors, because of his primary thesis: ‘If food consumption patterns change, they usually change because the consumer wants them to. This is very different from persuasion to change because nutritionists, government agricultural economists or legislators want them to change.’ And here I would add food manufacturers using mass media advertising.

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Nutrition & Food Science, vol. 80 no. 5
Type: Research Article
ISSN: 0034-6659

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Article
Publication date: 1 May 1979

John McKenzie

Perhaps the most significant problem facing nutrition today is not to isolate the basic relationship between nutrient intake and health but to establish means by which we…

Abstract

Perhaps the most significant problem facing nutrition today is not to isolate the basic relationship between nutrient intake and health but to establish means by which we can ensure that people modify their behaviour in the light of up‐to‐date nutritional knowledge. Certainly there is increasing evidence that to change food habits in the interest of better health is no easy task.

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Nutrition & Food Science, vol. 79 no. 5
Type: Research Article
ISSN: 0034-6659

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Article
Publication date: 1 April 1992

John Cormack McKenzie

Examines the aim of the EC in allowing free movement ofprofessionally qualified persons throughout the community. Discusses thedifference in length and structure of EC…

Abstract

Examines the aim of the EC in allowing free movement of professionally qualified persons throughout the community. Discusses the difference in length and structure of EC countries′ engineering degrees, and the wider context of world‐wide recognition. Concludes that the objective of recognized qualifications remains implausible due to cost factors, particularly for developing countries.

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Structural Survey, vol. 10 no. 4
Type: Research Article
ISSN: 0263-080X

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Book part
Publication date: 11 July 2019

Tanya Fitzgerald and Sally Knipe

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Historical Perspectives on Teacher Preparation in Aotearoa New Zealand
Type: Book
ISBN: 978-1-78754-640-0

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Article
Publication date: 1 April 1991

Derek Farr and John McKenzie

As part of the 1989 Market Research Week initiative to promote the “Your Opinion Counts” campaign, a number of the leading Telephone Research agencies volunteered to…

Abstract

As part of the 1989 Market Research Week initiative to promote the “Your Opinion Counts” campaign, a number of the leading Telephone Research agencies volunteered to undertake a telephone research study amongst consumers nationwide. The principle objective of the study was to provide useful information for promotion purposes, covering the views of people in Britain about the major issues confronting our people today, and their opinion of the sort of place they think the world will be in 1999.

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Management Research News, vol. 14 no. 4/5
Type: Research Article
ISSN: 0140-9174

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Article
Publication date: 1 September 2000

Index by subjects, compiled by K.G.B. Bakewell covering the following journals: Facilities Volumes 8‐17; Journal of Property Investment & Finance Volumes 8‐17; Property…

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Index by subjects, compiled by K.G.B. Bakewell covering the following journals: Facilities Volumes 8‐17; Journal of Property Investment & Finance Volumes 8‐17; Property Management Volumes 8‐17; Structural Survey Volumes 8‐17.

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Facilities, vol. 18 no. 9
Type: Research Article
ISSN: 0263-2772

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Article
Publication date: 1 March 2001

K.G.B. Bakewell

Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes…

Abstract

Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18; Property Management Volumes 8‐18; Structural Survey Volumes 8‐18.

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Structural Survey, vol. 19 no. 3
Type: Research Article
ISSN: 0263-080X

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Article
Publication date: 1 March 2000

K.G.B. Bakewell

Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐17; Journal of Property Investment & Finance Volumes…

Abstract

Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐17; Journal of Property Investment & Finance Volumes 8‐17; Property Management Volumes 8‐17; Structural Survey Volumes 8‐17.

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Property Management, vol. 18 no. 3
Type: Research Article
ISSN: 0263-7472

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Article
Publication date: 1 September 2001

Index by subjects, compiled by K.G.B. Bakewell covering the following journals: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18; Property…

Abstract

Index by subjects, compiled by K.G.B. Bakewell covering the following journals: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18; Property Management Volumes 8‐18; Structural Survey Volumes 8‐18.

Details

Facilities, vol. 19 no. 9
Type: Research Article
ISSN: 0263-2772

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