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Record W2475939903 · doi:10.1017/cbo9780511492419.016

Political control of the economy

2001· book-chapter· en· W2475939903 on OpenAlexaff
John Cornwall, Wendy Cornwall

Bibliographic record

VenueCambridge University Press eBooks · 2001
Typebook-chapter
Languageen
FieldEconomics, Econometrics and Finance
TopicEconomic and Business Studies
Canadian institutionsMount Saint Vincent UniversityDalhousie University
Fundersnot available
KeywordsPoliticsControl (management)Political sciencePolitical economyEconomicsManagementLaw

Abstract

fetched live from OpenAlex

In part II, alternating episodes of poor and superior performance were traced to structural change endogenous to the performance of the economy, forming a causal chain linking successive episodes via negative feedback effects. The structural changes linking the episodes differed, with technology developments providing the link between the period of industrialization and the 1930s, and institutional developments constituting the links between the 1930s and the golden age and subsequently between the golden age and the existing age of high unemployment. Having made a point of the differences in linkages, we have no hesitation in stating that the failure to recover quickly once an adverse structural change has occurred is a failure of institutions to adapt to changing circumstances. As discussed in chapter 8, the depressed economic conditions extending over most of the 1930s could have been ended earlier with a Keynesian deficit spending programme, had there been the political will to introduce it. Although the cause of the Great Depression was technology, recovery was prevented by an institutional constraint on stimulative AD policy. In chapter 11 we argued that the golden age was brought to an end by the eventual incompatibility of full employment and acceptable rates of inflation. The institutional requirements for a full employment recovery today are more demanding than in the 1930s. Our programme for recovery is implicit in the commentary running throughout our explanation of the structural influences responsible for alternating episodes of poor and superior performance.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.001
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.010
Threshold uncertainty score0.032

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0010.001
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0010.001
Science and technology studies0.0010.009
Scholarly communication0.0060.002
Open science0.0000.001
Research integrity0.0010.002
Insufficient payload (model declined to judge)0.0100.001

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.030
GPT teacher head0.167
Teacher spread0.137 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designTheoretical or conceptual
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations3
Published2001
Admission routes1
Has abstractyes

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Same venueCambridge University Press eBooksSame topicEconomic and Business StudiesFrench-language works237,207