Lost in translation - a revival of Wolfgang Stutzel's Balances Mechanics

被引：2
作者：
Sauer, Beate [1 ]
Sell, Friedrich L. [1 ]
机构：
[1] Bundeswehr Univ Munich, Inst Econ, Neubiberg, Germany
来源：
EUROPEAN JOURNAL OF THE HISTORY OF ECONOMIC THOUGHT | 2018年 / 25卷 / 03期
关键词：
Balances Mechanics; balance of payments; crisis; Eurozone; income distribution; INCOME-DISTRIBUTION;
D O I：
10.1080/09672567.2018.1449878
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Wolfgang Stutzel was a prominent German economist who coined a very special terminology in national accounting and in international economics. Therefore, it can be said that his contributions to economics got lost in translation. Especially, the Balances Mechanics approach and the paradox of competition are his biggest achievements in economic theory, but he never received international recognition. The objective of this paper is to pay tribute to his work by applying his analytical frameworks to the balance of payments crisis in the Eurozone and to the distributional impacts of austerity policy.
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收藏
页码：401 / 427
页数：27
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