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2019 | OriginalPaper | Buchkapitel

29. Richard G. Lipsey (1928–)

verfasst von : Max Steuer

Erschienen in: The Palgrave Companion to LSE Economics

Verlag: Palgrave Macmillan UK

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Abstract

Richard Lipsey has had a wide-ranging career as a researcher, a teacher, a textbook author and participant in matters of economic policy. In all of these, technical facility is used to enhance understanding of economic matters and not for its own sake. His approach is not to simply go with the flow, but to think carefully about the nature and practice of economic enquiry. Lipsey combines a practical focus of investigation with a lifelong concern with methodology. His passionate belief in the importance of economic understanding makes him an engaging and stimulating colleague. In his years at LSE and after, Lipsey created and continues to create a special intellectual environment and to be a part of it is both a pleasure and of great benefit.

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Vorheriges Kapitel Ralph Turvey (1927–2012)

Nächstes Kapitel Richard Layard (1934–)

I am indebted to Professor Lipsey for providing some factual information. All judgements and opinions are entirely mine, and of course I am fully responsible for the accuracy of this chapter. The bibliography is an exception. That is entirely editorial, and I had no part in it. My small band of readers will note a few uncharacteristic stylistic usages, also down to editorial decisions.

I use the more formal ‘Lipsey’ and less formal ‘Dick’ interchangeably for reasons of rhythm and style.

See, for example, Lipsey (2001) and the especially revealing Lipsey (1997).

At the time, the UK’s academic ranks were: Assistant Lecturer, non-tenured; Lecturer, tenured; Senior Lecturer, the career grade for those deemed to have limited research achievements; Reader, the career grade for those with distinguished achievements; Professor, most departments had only one professor who was also head of department. Larger departments often had a professor leading sub-disciplines within the same department.

An Introduction to Positive Economics was initially published by Weidenfeld & Nicolson. At the 8th edition the publisher was changed to Oxford University Press and co-author Alec Chrystal was added. Starting with the 9th edition the book was retitled Economics. The 13th edition appeared in 2015. The American edition, originally co-authored with Peter Steiner, was always titled Economics and went through twelve editions. The book has been translated into at least twelve languages.

This is set out in Lipsey (2001).

In more recent exchanges, Lipsey suggests a figure of 60%. I rather like the more extreme estimate of 30% as laying down a strong challenge to market enthusiasts of an unqualified disposition.

Ten years of experience of privatising air traffic control in the UK provided an opportunity to compare performance while government-run and in the market (see Steuer 2010).

Lipsey e-mail to Steuer, 14 July 2016.

A list of Lipsey’s collaborators would include: Kelvin Lancaster, Chris Archibald, Max Steuer, Frank Brechling, Peter Steiner, Douglas Purvis, Gordon Sparks, Paul Courant, Robert Clower, Michael Parkin, Frank Flatters, Gideon Rosenbluth, Curtis Eaton, Wendy Dobson, Murray Smith, Bruce Ewin, Robert York, John de la Mothe, Paul Dufour, Colin Harbury, Daniel Schwanen, Edward Safarian, Paul Wonnacott, Cliford Bekar, Kenneth Carlaw, Robin Mansell, Morley Lipsett, Adam Holbrook, Russell Wills, Patricio Meller, Leonard Henrikson, Alec Chrystal, William Scarth.

Archibald, G.C. and R.G. Lipsey (1958). ‘Monetary and Value Theory: A Critique of Lange and Patinkin’. Review of Economic Studies, 26(1): 1–22.CrossRef

Archibald, G.C and R.G. Lipsey (1960). ‘Monetary and Value Theory: Further Comment’. Review of Economic Studies, 28(1): 50–56.CrossRef

Archibald, G.C. and R.G. Lipsey (1967). An Introduction to a Mathematical Treatment of Economics. London: Weidenfeld & Nicolson. Third edition, 1977. American adaptation, Harper & Row, 1976. Translations into Italian, Japanese, Portuguese and Spanish.

Brechling, F.P.R. and R.G. Lipsey (1963). ‘Trade Credit and Monetary Policy’. Economic Journal, 73(292): 618–641.CrossRef

Eaton, B.C. and R.G. Lipsey (1997). On the Foundations of Monopolistic Competition and Economic Geography: The Selected Essays of B. Curtis Eaton and R.G. Lipsey. Cheltenham: Edward Elgar.

Lancaster, K. and R.G. Lipsey (1959). ‘McManus on Second Best’. Review of Economic Studies, 26(3): 225–226.CrossRef

Lipsey, R.G. (1957a). ‘Mr. Gehrels on Customs Unions’. Review of Economic Studies, 24(3): 211–214.CrossRef

Lipsey, R.G. (1957b). ‘The Theory of Customs Unions: Trade Diversion and Welfare’. Economica, New Series, 24(93): 40–46.CrossRef

Lipsey, R.G. (1960a). ‘The Relation Between Unemployment and the Rate of Change of Money Wage Rates in the United Kingdom, 1862–1957: A Further Analysis’. Economica, New Series, 27(105): 1–31.CrossRef

Lipsey, R.G. (1960b). ‘Does Money Always Depreciate?’. Lloyds Bank Review, 58(October): 1–13.

Lipsey, R.G. (1960c). ‘The Theory of Customs Unions: A General Survey’. Economic Journal, 70(279): 496–513.CrossRef

Lipsey, R.G. (1961). ‘Is Inflation Explosive?’. The Banker, 111(October): 2–12.

Lipsey, R.G. (1962). ‘Can There Be a Valid Theory of Wages?’. Advancement of Science, 19: 105–112. Text of the Lister Lecture delivered at the Norwich meeting of the British Association for the Advancement of Science (1961).

Lipsey, R.G. (1963). An Introduction to Positive Economics. London: Weidenfeld & Nicolson.

Lipsey, R.G. (1964). ‘Positive Economics in Relation to Some Current Trends’. Journal of the Economics Association, 5(Spring): 365–371.

Lipsey, R.G. (1972). ‘The Foundations of the Theory of National Income: An Investigation of Some Fundamental Errors’. In B.A. Corry and M.H. Peston (eds) Essays in Honour of Lionel Robbins. London: Weidenfeld & Nicolson: 3–42.

Lipsey, R.G. (1997). ‘An Intellectual Autobiography’. Introduction to Macroeconomic Theory and Policy: The Selected Essays of Richard G. Lipsey. Volume 2. Cheltenham: Edward Elgar: ix–xxxvii.

Lipsey, R.G. (2001). ‘Successes and Failures in the Transformation of Economics’. Journal of Economic Methodology, 8(2): 169–201.CrossRef

Lipsey, R.G. (2005). ‘The Social Sciences and Humanities Research Council Gold Medal Award (March 2005)’. Available at: http://www.rlipsey.com/awards/sshrc.

Lipsey, R.G. (2007). ‘Reflections on the General Theory of Second Best at Its Golden Jubilee’. International Tax and Public Finance, 14(4): 349–364.CrossRef

Lipsey, R.G. (2009). ‘Some Legacies of Robbins’ An Essay on the Nature and Significance of Economic Science’. Economica, New Series, 76(Supplement 1): 845–856.CrossRef

Lipsey, R.G. (2017). ‘“Economic Policies With and Without Maximising Rules”. In Symposium on Theories of Second Best, and Third Best and Their Application’. Pacific Economic Review, 22(2): 189–212.CrossRef

Lipsey, R.G., K.I. Carlaw and C.T. Bekar (2005). Economic Transformations: General Purpose Technologies and Long-Term Economic Growth. Oxford: Oxford University Press.

Lipsey, R.G. and K. Lancaster (1956). ‘The General Theory of Second Best’. Review of Economic Studies, 24(1): 11–32.CrossRef

Lipsey, R.G. and M.D. Steuer (1961). ‘The Relation Between Profits and Wage Rates’. Economica, New Series, 28(110): 137–155.CrossRef

Archibald, G.C. (1961). ‘Chamberlin versus Chicago’. Review of Economic Studies, 29(1): 2–28.

Friedman, M. (1953). ‘The Methodology of Positive Economics’. In Essays in Positive Economics. Chicago: University of Chicago Press: 3–43.

Piketty, T. (2014). Capital in the Twenty-First Century. Translated by Arthur Goldhammer. Cambridge, MA: Harvard University Press.

Steuer, M. (1969). American Capital and Free Trade: Effects of Integration. London: Atlantic Trade Study.

Steuer, M. (2010). ‘The Partially Private UK System for Air Traffic Control’. Journal of Air Transport Management, 16(1): 26–35.CrossRef

Steuer, M. (2012). ‘Views from the Sharp End: The Future of Finance: The LSE Report by Adair Turner et. al.’. Economica, New Series, 79(314): 411–417.CrossRef

Steuer, M. (2015). ‘A Much Needed Wake-Up Call’. Economica, New Series, 82(325): 189–192.CrossRef

Steuer, M., P. Abell and H. Wynn (2015). ‘Head-Hunter Methods for CEO Selection’. Journal of General Management, 41(1): 3–24.CrossRef

Titel: Richard G. Lipsey (1928–)
verfasst von: Max Steuer
Verlag: Palgrave Macmillan UK
Buch: The Palgrave Companion to LSE Economics
Print ISBN: 978-1-137-58273-7

Electronic ISBN: 978-1-137-58274-4

Copyright-Jahr: 2019
DOI: https://doi.org/10.1057/978-1-137-58274-4_29