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America and the World Economy

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Alvin Hansen

Part of the book series: Great Thinkers in Economics ((GTE))

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Abstract

Hansen’s contributions to international economic and financial problems have been relatively neglected. Yet these contributions have a long history in the development of Hansen’s thought. He was well aware of America’s changing role in the world economy, and of the impact of global changes on domestic issues and policy goals. Any study of a dynamic economy had to take account of its cultural, technological and geopolitical environment. Increasingly stabilisation had to take on an international perspective, especially in the reshaping of the global monetary system after the Second World War. He talked of developing mutual goodwill and good faith through cooperation in the new institutions which would help promote self-discipline amongst the member countries.

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Notes

  1. 1.

    See (1932a: 78ff, 1934c: 118ff).

  2. 2.

    see 1932a: 271ff, and chapter 4 above.

  3. 3.

    ibid: 109–10,113–18.

  4. 4.

    see Nerozzi (2009).

  5. 5.

    See the discussion in Endres (2005: 37).

  6. 6.

    Bogart et al. (1945).

  7. 7.

    1941a: 450, see also 1944e: 22.

  8. 8.

    ibid: 472.

  9. 9.

    e.g. 1942c, d, 1947b, c.

  10. 10.

    see also (1944a, 1944e, 1945c, 1945g).

  11. 11.

    See (1944a: 188–9, 1944c).

  12. 12.

    1944a: 140ff.

  13. 13.

    ibid: 192, see also the discussion in Endres (2005: 38ff).

  14. 14.

    1965a: 20.

  15. 15.

    1965a: 22n28.

  16. 16.

    1960a: 160–1.

  17. 17.

    See also (1965a: 257–82, 1957b: 108).

  18. 18.

    McConnell (1961, 297).

  19. 19.

    see Nerozzi (2009), Hansen (1944a, b, 1945g).

  20. 20.

    Harris in Hansen (1965a: xxi–xxii).

  21. 21.

    1965a: 5–7.

  22. 22.

    See also Endres (2005).

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  1. Newbury, UK

    Robert J. Bigg

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Bigg, R.J. (2023). America and the World Economy. In: Alvin Hansen. Great Thinkers in Economics. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-031-42216-4_14

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  • DOI: https://doi.org/10.1007/978-3-031-42216-4_14

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