G.C. Harcourt (1931–)



The contributions to economics—in its theoretical, applied (or empirical), and policy aspects—by Geoff Harcourt are many-splendoured. They are predominantly macroeconomic, with the kind of microeconomic underpinnings that are associated with non-orthodox pioneers. In this—admittedly inadequate—essay, I try to summarize and outline, in a unified way, Harcourt’s many faceted and deep contributions to economics.


Keynes Post Keynesian economics Capital theory Golden Age Cambridge economics Kaleckian economics Economic biography 


Main Works by G.C. Harcourt

  1. Blankenburg, S. and G.C. Harcourt (2007). ‘The Representative Firm and Increasing Returns: Then and Now’. Chapter 5 in P. Arestis, M. Baddeley and J.S.L. McCombie (eds) Economic Growth: New Directions in Theory and Policy. Cheltenham, Glos.: Edward Elgar: 44–64.Google Scholar
  2. Cohen, A.J. and G.C. Harcourt (2003). ‘Whatever Happened to the Cambridge Capital Theory Controversies?’. Journal of Economic Perspectives, 17(1): 199–214.CrossRefGoogle Scholar
  3. Harcourt, G.C. (1960). ‘The Finance of Investment, Taxation, Depreciation and Retained Profits in Selected United Kingdom Industries, 1949–1953’. Unpublished PhD dissertation, Cambridge University.Google Scholar
  4. Harcourt, G.C. (1962). ‘Review of Productivity and Technical Change, by W.E.G. Salter’. Economic Record, 38(83): 388–394.Google Scholar
  5. Harcourt, G.C. (1963). ‘A Critique of Mr. Kaldor’s Model of Income Distribution and Economic Growth’. Australian Economic Papers, 2(1): 20–36. Essay 6 in G.C. Harcourt (1982) The Social Science Imperialists. Edited by P. Kerr. London: Routledge and Kegan Paul: 67–85.Google Scholar
  6. Harcourt, G.C. (1965a). ‘The Accountant in a Golden Age’. Oxford Economic Papers, 17(1): 66–80.Google Scholar
  7. Harcourt, G.C. (1965b). ‘A Two-Sector Model of the Distribution of Income and the Level of Employment in the Short Run’. Economic Record, 41(93): 103–117.Google Scholar
  8. Harcourt, G.C. (1966). ‘Biases in Empirical Estimates of the Elasticities of Substitution of C.E.S. Production Functions’. Review of Economic Studies, 33(3): 227–233.CrossRefGoogle Scholar
  9. Harcourt, G.C. (1968). ‘Investment-Decision Criteria, Investment Incentives and the Choice of Technique’. Economic Journal, 78(309): 77–95.CrossRefGoogle Scholar
  10. Harcourt, G.C. (1969a). ‘Some Cambridge Controversies in the Theory of Capital’. Journal of Economic Literature, 7(2): 369–405.Google Scholar
  11. Harcourt, G.C. (1969b). ‘A Teaching Model of the ‘Keynesian’ System’. Keio Economic Studies, 6(2): 23–46.Google Scholar
  12. Harcourt, G.C. (1972). Some Cambridge Controversies in the Theory of Capital. Cambridge: Cambridge University Press.CrossRefGoogle Scholar
  13. Harcourt, G.C. (1977). ‘Eric Russell (1921-77): A Memoir’. Economic Record, 53(4): 467–474.CrossRefGoogle Scholar
  14. Harcourt, G.C. (1982). The Social Science Imperialists. Edited by P. Kerr. London: Routledge and Kegan Paul.Google Scholar
  15. Harcourt, G.C. (1985). ‘A Twentieth-Century Eclectic: Richard Goodwin’. Journal of Post Keynesian Economics, 7(3): 410–421.CrossRefGoogle Scholar
  16. Harcourt, G.C. (1988). ‘Nicholas Kaldor, 12 May 1908-30 May 1988’. Economica, 55(218): 159–170.Google Scholar
  17. Harcourt, G.C. (1991). ‘Review of Turner, Joan Robinson and the Americans; Feiwel. (ed.) Joan Robinson and Modern Economic Theory (Volume 1) and The Economics of Imperfect Competition and Employment: Joan Robinson and Beyond (Volume 2)’. History of Political Economy, 23(1): 158–164.Google Scholar
  18. Harcourt, G.C. (1992). On Political Economists and Modern Political Economy: Selected Essays of G.C. Harcourt. Edited by C. Sardoni. Abingdon, Oxford: Routledge.Google Scholar
  19. Harcourt, G.C. (1995a). ‘Recollections and Reflections of an Australian Patriot and a Cambridge Economist’. Banca Nazionale del Lavoro Quarterly Review, 48(194): 225–254.Google Scholar
  20. Harcourt, G.C. (1995b). ‘Rejected’. In ‘Different Drummers: Offbeat, Oft-Rejected’ in G.B Shepherd (ed.) Rejected: Leading Economists Ponder the Publication Process. Edited Thomas Horton and Daughters, Arizona: 73–77.Google Scholar
  21. Harcourt, G.C. (1997a). ‘The Kaldor Legacy: Reviewing Nicholas Kaldor, Causes of Growth and Stagnation in the World Economy (Cambridge: Cambridge University Press, 1996)’. Journal of International and Comparative Economics, 5(3/4): 341–357.Google Scholar
  22. Harcourt, G.C. (1997b). ‘Edward Austin Gossage Robinson, 1897-1993’. Proceedings of the British Academy, 94: 707–731.Google Scholar
  23. Harcourt, G.C. (1997c). ‘Review of The Crisis of Modern Economic Thought, by Robert Heilbroner and William Milberg’. Economic Journal, 107(445): 1,921–1,923.Google Scholar
  24. Harcourt, G.C. (1997d). ‘Review of Whither Socialism? by Joseph E. Stiglitz’. Journal of Institutional and Theoretical Economics, 153(3): 590–591.Google Scholar
  25. Harcourt, G.C. (1999). ‘The End of a Perfect Day’: ‘Horses for Courses’ and Policy Proposals’. Economic Issues, 4(1): 7–20.Google Scholar
  26. Harcourt, G.C. (2000). ‘Review of Fabricating the Keynesian Revolution: Studies of the Inter-War Literature on Money, the Cycle and Unemployment, by David Laidler’. Economica, New Series, 67(266): 297–298.Google Scholar
  27. Harcourt, G.C. (2001). 50 Years a Keynesian and Other Essays. Houndmills, Hampshire: Palgrave Macmillan.CrossRefGoogle Scholar
  28. Harcourt, G.C. (2001a). ‘David Gawen Champernowne, 1912–2000: In Appreciation’. Cambridge Journal of Economics, 25(4): 439–442.Google Scholar
  29. Harcourt, G.C. (2004). ‘On Mark Perlman and Joseph Schumpeter: Their Respective Approaches to Evolutionary Economics and the History of Economic Theory’. Journal of Evolutionary Economics, 14(2): 127–130.CrossRefGoogle Scholar
  30. Harcourt, G.C. (2006). The Structure of Post-Keynesian Economics: The Core Contributions of the Pioneers. Cambridge: Cambridge University Press.CrossRefGoogle Scholar
  31. Harcourt, G.C. (2006a). ‘Australians in Cambridge in the 1950s: A Comment on William Coleman’s Conversation with Murray Kemp’. History of Economics Review, 43(Winter): 146–149.Google Scholar
  32. Harcourt, G.C. (2009). ‘Review of Keynes and the Cambridge Keynesians: A ‘Revolution in Economics’ to be Accomplished, by L.L. Pasinetti’. History of Economic Ideas, 27(1): 203–208.Google Scholar
  33. Harcourt, G.C. (2011). ‘On Topical Themes in Veblen and Commons’s Contributions: Remarks upon Receipt of the Veblen-Commons Award’. Journal of Economic Issues, 45(2): 261–268.CrossRefGoogle Scholar
  34. Harcourt, G.C. (2012a). The Making of a Post-Keynesian Economist: Cambridge Harvest. Houndmills, Hampshire: Palgrave Macmillan.Google Scholar
  35. Harcourt, G.C. (2012b). On Skidelsky’s Keynes and Other Essays: Selected Essays of G.C. Harcourt. Houndmills, Hampshire: Palgrave Macmillan.Google Scholar
  36. Harcourt, G.C. (2013). ‘The Importance of Humbug in the Cambridge-Cambridge Controversies in Capital Theory’. Global and Local Economic Review, 17(1): 11–21.Google Scholar
  37. Harcourt, G.C. (2014). ‘“Heinz” Harcourt’s Collaborations: Over 57 Varieties’. UNSW Business School Research Paper, No. 2015, ECON 11.Google Scholar
  38. Harcourt, G.C. (2015a). ‘Curriculum Vitae’. March.Google Scholar
  39. Harcourt, G.C. (2015b). ‘On the Cambridge, England, Critique of the Marginal Productivity Theory of Distribution’. Review of Radical Political Economics, 47(2): 243–255.Google Scholar
  40. Harcourt, G.C. and J. Gleeson-White (2012). ‘Double Entry Book Keeping: A Conversation’. Economic and Labour Relations Review, 23(3): 89–104.Google Scholar
  41. Harcourt, G.C. and P. Kenyon (1976). ‘Pricing and the Investment Decision’. Kyklos, 29(3): 449–477.CrossRefGoogle Scholar
  42. Harcourt, G.C. and P. Kerr (2009). Joan Robinson. Basingstoke, Hampshire: Palgrave Macmillan.CrossRefGoogle Scholar
  43. Harcourt, G.C. and M. Kitson (1993). ‘Fifty Years of Measurement: A Cambridge View’. Review of Income and Wealth, 39(4): 435–447.CrossRefGoogle Scholar
  44. Harcourt, G.C. and V.G. Massaro (1964a). ‘Mr. Sraffa’s Production of Commodities’. Economic Record, 40(91): 442–454.Google Scholar
  45. Harcourt, G.C. and V.G. Massaro (1964b). ‘A Note on Mr. Sraffa’s Sub-Systems’. Economic Journal, 74(295): 715–722.Google Scholar
  46. Harcourt. G.C. and M.H. Pesaran (2000). ‘Life and Work of John Richard Nicholas Stone, 1913-1991’. Economic Journal, 110(461): F146–165.Google Scholar
  47. Harcourt, G.C. and P.A. Riach (eds) (1997). A ‘Second Edition’ of The General Theory. Volume 1. London: Routledge.Google Scholar
  48. Harcourt, G.C. and S. Turnell (2005). ‘On Skidelsky’s Keynes’. Economic and Political Weekly, 40(47): 4,931–4,946.Google Scholar

Other Works Referred To

  1. Arrow, K.J. (1989). ‘Joan Robinson and Modern Economic Theory: An Interview’. Chapter 3 in G.R. Feiwel (ed.) Joan Robinson and Modern Economic Theory. New York: New York University Press: 147–185.Google Scholar
  2. Barna, T. (1957). ‘Review of The Accumulation of Capital, by Joan Robinson’. Economic Journal, 67(267): 490–493.Google Scholar
  3. Blankenburg, S. (2014). ‘Introduction’. Cambridge Journal of Economics, 38(6): 1,295–1,305.CrossRefGoogle Scholar
  4. Borel, É. (1924). ‘Apropos of a Treatise on Probability’. Revue Philosophique, 98: 321–326. Reprinted in H.E. Kyburg Jr. and H.E. Smokler (eds) (1964) Studies in Subjective Probability. New York: John Wiley & Sons: 45–60.Google Scholar
  5. Champernowne, D.G. (1971). ‘The Stability of Kaldor’s 1957 Model’. Review of Economic Studies, 38(1): 47–62.CrossRefGoogle Scholar
  6. Champernowne, D.G. and R.F. Kahn (1953–1954). ‘The Value of Invested Capital – A Mathematical Addendum to Mrs. Robinson’s Article’. Review of Economic Studies, 21(2): 107–111.Google Scholar
  7. Davidson, P. (1968). ‘The Demand and Supply of Securities and Economic Growth and Its Implications for the Kaldor-Pasinetti Versus Samuelson-Modigliani Controversy’. American Economic Review, Papers and Proceedings, 58(2): 252–269.Google Scholar
  8. Davidson, P. (1996). ‘Review of Capitalism, Socialism, and Post Keynesianism: Selected Essays of G.C. Harcourt’. Journal of Economic Issues, 30(3): 909–911.CrossRefGoogle Scholar
  9. Feiwel, G.R. (ed.) (1989). Joan Robinson and Modern Economic Theory. New York: New York University Press.Google Scholar
  10. Fisher, F.M. (1984). ‘The Misuse of Accounting Rates of Return: Reply’. American Economic Review, 74(3): 509–517.Google Scholar
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Copyright information

© The Author(s) 2017

Authors and Affiliations

  1. 1.Formerly Professore di Chiara FamaUniversity of TrentoTrentoItaly
  2. 2.Formerly Professor of EconomicsNew School for Social ResearchNew YorkUSA

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