- A Ghana-born Emeritus Professor of Economics, fully retired from California State University, East Bay at the end of ... moreA Ghana-born Emeritus Professor of Economics, fully retired from California State University, East Bay at the end of spring 2021 after 30 years. Previously taught economics at Saint Mary’s University for ten years from 1981 to 1991, following earning the Ph.D in economics from the University of Toronto, Canada in 1981. Fields of interest in economics include monetary theory, macroeconomics, development economics, and history of economic thought.edit
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Research Interests: Sociology and Attribution
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Larry Moss lived a busy life as an academic, a professor, an attorney, a journal editor, and a skilled magician. He was a prolific publisher of scholarly articles and books, and an editor of scholarly volumes. With friendly charm and... more
Larry Moss lived a busy life as an academic, a professor, an attorney, a journal editor, and a skilled magician. He was a prolific publisher of scholarly articles and books, and an editor of scholarly volumes. With friendly charm and humor, he sought to encourage others in their scholarly pursuits. He employed his magical skills to enliven his courses and to illustrate certain economic phenomena. Larry served the History of Economics Society in important capacities, including its presidency. He sought "methodological tolerance" and interacted with scholars of different philosophical persuasions. He organized memorials for numerous other economists; it thus is fitting that we do so here for him. Copyright © 2010 American Journal of Economics and Sociology, Inc..
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Employing different meanings of classical concepts of saving, capital, investment, and money, and incorrectly attributing the assumption of full employment of labor and a world of certainty to classical analysis, Keynes (1936) faulted... more
Employing different meanings of classical concepts of saving, capital, investment, and money, and incorrectly attributing the assumption of full employment of labor and a world of certainty to classical analysis, Keynes (1936) faulted Say’s Law as irrelevant to the real world. Roy Grieve (2016) ignores previous clarifications of Keynes’s misrepresentations and misunderstandings of Mill’s restatements of the law. He employs similar misrepresentations and misunderstandings of Mill’s explanations as Keynes. His model of Mill’s analysis is incapable of explaining how variations in relative prices, the value of money, and interest rates coordinate production, consumption and savings decisions in a monetary economy.
... George Montgomery's comment, quoted by Rashid (note 25, p. 22), that "[hlad Hutcheson chosen to compile and ... 1992 JAMES CW AHIAKPOR-RASHID ON ADAM SMITH ... institutions exactly of the same nature with those of... more
... George Montgomery's comment, quoted by Rashid (note 25, p. 22), that "[hlad Hutcheson chosen to compile and ... 1992 JAMES CW AHIAKPOR-RASHID ON ADAM SMITH ... institutions exactly of the same nature with those of the aulnagers and stampmasters of woollen and linen ...
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... THEORY Schofield, Norman: COLLECTIVE DECISION-MAKING: SOCIAL CHOICE AND POLITICAL ECONOMY Menchik, Paul L.: HOUSEHOLD AND FAMILY ECONOMICS Gupta, Kanhaya L.: EXPERIENCES WITH FINANCIAL LIBERALIZATION Cohen, Avi J., Hagemann ...
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... 1998), Parkin (1997), Samuel-son and Nordhaus (1998), Stiglitz (1997), and Taylor (1998) at the in-troductory level, and Abel and Bernanke (1998), Blanchard (2000), Dornbusch and Fischer (1994), Froyen (1999), Mankiw (1997), Mc-Elroy... more
... 1998), Parkin (1997), Samuel-son and Nordhaus (1998), Stiglitz (1997), and Taylor (1998) at the in-troductory level, and Abel and Bernanke (1998), Blanchard (2000), Dornbusch and Fischer (1994), Froyen (1999), Mankiw (1997), Mc-Elroy (1996), Galbraith and Darity (1994 ...
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Government budget deficits have increased, along with government revenues from direct and indirect taxation, both in absolute amounts and as a share of national income in Canada, as well as in several other countries, especially since the... more
Government budget deficits have increased, along with government revenues from direct and indirect taxation, both in absolute amounts and as a share of national income in Canada, as well as in several other countries, especially since the 1960s. This ...
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Dependency theory is a set of ideas with a strong potential for influencing policy actions in the Third World. Originally developed during the late 1960s to explain the problems of development in Latin America by scholars working in that... more
Dependency theory is a set of ideas with a strong potential for influencing policy actions in the Third World. Originally developed during the late 1960s to explain the problems of development in Latin America by scholars working in that region, the theory has attracted a great deal of attention both in the literature and in Third World countries. Though the logical consistency and empirical validity of the theory have been questioned, evidence about the influence of dependency theory on the economic policies of specific countries has been scant. In this article I provide some such evidence. I also evaluate the potential for devising viable economic policies within the theory.
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Nicholas Curott attempts to correct some misrepresentations of Adam Smith’s monetary and banking analyses. However, failing to recognize Smith’s adoption of David Hume’s quantity theory of price levels and the price-specie-flow mechanism,... more
Nicholas Curott attempts to correct some misrepresentations of Adam Smith’s monetary and banking analyses. However, failing to recognize Smith’s adoption of David Hume’s quantity theory of price levels and the price-specie-flow mechanism, Smith’s distinction between money and credit and their sources, and Smith’s suggestion of real, rather than “fictitious,” bills as safer for private bank lending, Curott denigrates Smith’s theory of money and banking as inferior to some modern writers’. Curott also mischaracterizes Smith’s money demand function, which is best represented as a rectangular hyperbola. I draw from the Wealth of Nations to correct Curott’s misrepresentations of Smith’s analyses.