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Business Cycles, Money and Economic Policy


Muriel Dal-Pont Legrand et Harald Hagemann
p. 177-178

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1Pascal Bridel is well-known for his outstanding contributions to Monetary Macroeconomics and to the History of Economic Thought. Most of his scientific work has been dedicated to the analysis of monetary economics and of (Walrasian) general equilibrium theory, topics on which he published two important books Cambridge Monetary Thought. The Development of Saving-Investment Analysis from Marshall to Keynes (1987) and Money and General Equilibrium Theory. From Walras to Pareto (1870-1923) (1997). Furthermore, very recently he initiated and edited the outstanding collection of essays General Equilibrium Analysis. A century after Walras (2011) by the leading economists in the field. His deep interest in the history of economic ideas as well as in recent theoretical developments led him to become more and more interested in the history of modern macroeconomics. To Pascal Bridel, history of economic thought helps us highlight current debates in economics, especially in the field of monetary theory and policy.

2Pascal has been a member of the Executive Committee and the Treasurer of the European Society for the History of Economic Thought (ESHET) from 2000 to 2004. Professor of Economics at the University of Lausanne since 1986, he has also been the founding director of the Centre Walras-Pareto from 1990 to 2011. Pascal Bridel did not only promote History of Economic Thought and Analysis, he also stimulated research on the Lausanne archives, and participated in or initiated different projects of scientific editions of the works of famous economists: notably the complete works by Auguste and Léon Walras (in co-operation with the University Louis Lumière, Lyon II), but also works by Simonde de Sismondi and Clément Juglar. The Centre Walras-Pareto is internationally well known for its experience in editing the works of great economists, a specificity which, besides other assets, has attracted many international PhD students as well as postdocs, and therefore it can be considered as a “training center” for excellent young economists.

3Pascal’s Bridel always enthusiastic support heavily contributed to the emergence of various initiatives and fruitful research projects. Not only did he decide to invest a substantial part of his own research-time in those projects but, connecting different people together, he also contributed to the development of a large network of researchers. For all these reasons, a group of friends and colleagues has wanted to seize the opportunity of an ongoing research project to offer this special issue as a sign of friendship and gratefulness.

4The intention of the editors of this special issue is not to cover all the areas of research Pascal investigated: Firstly, it would not be possible in a single special issue, and secondly many more colleagues would have been solicited. Our aim in the present issue is to focus on the recent research areas of Pascal: crises, business cycles theory and economic policy in historical perspective.

5The editors of this special issue are grateful to PHC Procope and Germaine de Staël for their financial support. They also deeply thank the GREDEG CNRS and the University of Nice-Sophia Antipolis for hosting the workshop on July 4-5, 2013 in which these texts have been presented and for their financial support. Finally, the editors express their deep thanks to the members of the editors of Œconomia for the opportunity they have given to us to organize this special issue, for their helpful and constructive comments, and for their enthusiastic support.

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Muriel Dal-Pont Legrand et Harald Hagemann, « Foreword », Œconomia, 3-2 | 2013, 177-178.

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Muriel Dal-Pont Legrand et Harald Hagemann, « Foreword », Œconomia [En ligne], 3-2 | 2013, mis en ligne le 01 janvier 2014, consulté le 25 février 2018. URL :

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Muriel Dal-Pont Legrand

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