Articles & Publications

Search CurateND

Search criteria:

Type of Work: Article remove ×
Clear all

List of files deposited in CurateND that match your search criteria

  • Author(s):
    Thomas A. Stapleford
    Abstract:

    This essay argues that beneath the superficial linearity of the history of neoclassical price index theory lie important conceptual ruptures that are linked to the ordinal revolution, including a radical transformation in the core objective for cost-of-living indexes. Revealing these ruptures produces a more accurate history of both the development of neoclassical price index theory and its reception. Furthermore, we can recognize how transformations in this theory have made cost-of-living in…

    Date Published:
    2011
  • Author(s):
    Thomas A. Stapleford
    Abstract:

    Prior to the 1960s most American economists rejected hedonic techniques as a solution to the problem of quality change in price indexes. I argue that behind that judgment lay a deeper conceptual divide over how best to define and assess product quality: through expert testing or through market price differentials. Most American economists working on price indexes at the time had ties to the U.S. consumer movement, which emphasized consumer ignorance and promoted expert analysis as the only re…

    Date Published:
    2011
  • Author(s):
    Thomas A. Stapleford
    Abstract:

    This essay explores the history of the 1935-1936 Study of Consumer Purchases, an extraordinary national survey of family incomes and expenditures undertaken by the federal government during the New Deal. Created and administered primarily left-leaning economists, the project was an order of magnitude larger and more complex than any previous expenditure survey and was intended to aid and justify state-led economic planning. Yet it failed to be an effective help to New Deal reformers, proving …

    Date Published:
    2007-09