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Les débats sur la stagnation séculaire dans les années 1937-1950. Hansen-Terborgh et Schumpeter-Sweezy

Author

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  • Pierre Dockès

Abstract

The current debate on the secular stagnation finds the one launched by Keynes and Hansen (Full Recovery or Stagnation) during the 1937? double-dip. It reached its peak at the end of the war with an anti-stagnationist book by Terborgh (The Bogey of Economic Maturity), the replies of Hansen and his followers and the intervention of many American and European economists. What were the arguments of each other ? Schumpeter was the most famous opponent to Hansen and new dealers. He will publicly oppose the young marxo-hansénien Paul Sweezy in a debate (1946) that Samuelson celebrated as a tournament at a time « when giants walked the earth and Harvard Yard ». Classification JEL : B2, E2, E3, E6, N1

Suggested Citation

  • Pierre Dockès, 2015. "Les débats sur la stagnation séculaire dans les années 1937-1950. Hansen-Terborgh et Schumpeter-Sweezy," Revue économique, Presses de Sciences-Po, vol. 66(5), pages 967-992.
    • Handle: RePEc:cai:recosp:reco_665_0967
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    Cited by:

    1. Lambert, Thomas & Velardo, Tristan, 2019. "Schumpeter, the Banking System, and Innovation: Small versus Big Business," MPRA Paper 97742, University Library of Munich, Germany.

    More about this item

    JEL classification:

    • B2 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925
    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
    • E3 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • N1 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations

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