Professor Emeritus, Arie Arnon

A person sitting at a table

Description automatically generated with medium confidence

 

 

 


 


Office Address:

                               

Department of Economics Ben-Gurion University of the Negev

P.O. Box 653, Beer-Sheva 84105, Israel

E-Mail: arnona@bgu.ac.il Tel: +972-8-647-2271


 

 

Arnon, A., (2022),

Debates in Macroeconomics

from the Great Depression to the Long Recession (2022),

in the Book series “Springer Studies in the History of Economic Thought”,

Heidelberg: Springer-Verlag.


 

To view in Springer Press:

 https://link.springer.com/book/10.1007/978-3-030-97703-0

 

Preface [Link to file]

PREFACE

 

Praise [Link to file]

PRAISE

 

Arnon, A. (2011)

Monetary Theory and Policy from Hume and Smith to Wicksell:

Money Credit and the Economy,

Cambridge University Press

 

 

 

 To view in Cambridge University Press Preface & Introduction

 

 

 

 Awarded Best Book for 2012

By ESHET – The European Society for the History of Economic Thought

Blanqui Lecture Click for Lecture at the 2013 ESHET conference, Click for Presentation

Kingston University, London, May, 16-18, 2013,

http://www.eshet.net/index.php?a=41

 

 

Research Interests | Scientific Publications Books | Other Publications |

 

Research Interests

 

Since 1983 Professor Arie Arnon was at the Department of Economics, Ben Gurion University. His areas of research include macroeconomics and monetary theory as well as the history of economic thought. A book on Monetary Theory from Hume & Smith to Wicksell was published in 2011 by Cambridge University Press. A new book on Debates in Macroeconomics from the Great Depression to the Long Recession appeared in 2022 in the Book series “Springer Studies in the History of Economic Thought

 https://www.springer.com/series/16457

 

·           A major focus in recent years has been the political economy of the Israeli-Palestinian conflict. Arnon was a co-author of "The Palestinian Economy: Between Imposed Integration and Voluntary Separation" (Brill, 1997) as well as many articles and is working with colleagues from Palestine, Israel and elsewhere in the Aix Group on economic aspects of a permanent peace agreement.

 

 

 

The AIX Group in 2004

 

Members of the Aix Group, Jerusalem, January 2004

 

 

The Economic Road Map (2004)

 

Disengagement and the Economic Road Map (2005)


The Economic Dimensions of a Two State Agreement between Israel and Palestine (2007)


Economic Dimensions of a Two-State Agreement Between Israel and Palestine: Vol II Supplamentary Papers (2010)

 

Economics and Politics in the Israeli Palestinian Conflict (2015)

 

Summaries of Recent Studies and Lessons Learnt (2016)

 

In collaboration with the Office of the Chief Economist] MENA Region, World Bank

 

Two Further Studies: Improving the Gazan Economy (2017) and Utilizing the Economic Potential of the Jordan Valley

 


 

Coverage of Aix Group in the Israeli Press

 

ùúé ëìëìåú ìùðé òîéí - éãéòåú àçøåðåú28-4-2017- Peoples-28-4-2017-English Two for Economies Yedioth-Translation--Two ëìëìðéí éùøàìéí åôìñèéðéí

îöéâéí_ îôú äãøëéí ìäöìú òæä -24-3-2017-òîéøä äñ--äàøõ

Haaretz-26-3-2017--Amira Hass-Israeli and Palestinian experts draw up road map to save Palestinian economy

 

 

 

 

Scientific Publications Books

·      Arnon, A. (1991), Thomas Tooke: Pioneer of Monetary Theory, Michigan University Press (USA) and Edward Elgar Publications, Aldershot (England). [Reviewed in The Economic Journal, History of Political Economy, Journal of Economic History, Journal of the History of Economic Thought]

·      Arnon, A. with I. Luski, A. Spivak, and J. Weinblatt (1997), The Palestinian Economy: Between Imposed Integration and Voluntary Separation, E.J. Brill Publishers., Leiden (Holland) [Reviewed in Middle East Journal, Middle East Report, Journal of Palestine Studies, Middle East Quarterly, MESA, Journal of Economic Literature]

·      Arnon, A. and W. Young (eds.) (2002), The Open Economy Macromodel: Past, Present and Future, Kluwer Academic Publishing.

 

·      Arnon, A. (2011), Monetary Theory and Policy from Hume and Smith to Wicksell: Money Credit and the Economy, Cambridge University Press

·     Arnon, A., J. Weinblatt and W. Young (eds.) (2011), Perspectives on Keynesian Economics, Springer-Verlag

·     Arnon, A., Young, W. and Van Der Beek, K. (eds.) (2020), Expectations: Theory and Applications from Historical Perspectives, Heidelberg: Springer-Verlag.

 

·     Arnon, A., Cristina M. and Rosselli, A. (2022), Financial Markets in Perspective: Lessons from Economic History and History of Economic Thought, Heidelberg: Springer-Verlag.

·     Arnon, A., (2022), Debates in Macroeconomics from the Great Depression to the Long Recession, in the Book series “Springer Studies in the History of of Economic  Thought”, Heidelberg: Springer-Verlag.

 

 

Scientific Publications Refereed Articles

 

·      Arnon, A. (1984), "The Transformation in Thomas Tooke's Monetary Theory Reconsidered", History of Political Economy 16, 311-326.


·      Arnon, A. (1984), "Marx's Theory of Money - The Formative Years", History of Political Economy 16, 555-575.

Also in Wood, J.C. (Ed.), Karl Marx's Economics: Critical Assessments, Croom Helm, 1988.

·      Arnon, A. (1987), "Banking Between the Invisible and Visible Hands: A Reinterpretation of Ricardo's Place within the Classical School", Oxford Economic Papers 39, 268-281.

·      Arnon, A. and M. Sternberg (1988), "Forward Credit Commitments and Bank Behavior under Uncertainty: Implication for Monetary Control", Journal of Macroeconomics 10, 591-612.

·      Arnon, A. (1989), "The Early Tooke and Ricardo: A Political Alliance and First Signs of Theoretical Disagreements", History of Political Economy 21, 1-14.

·      Arnon, A. (1990), "Professor A.P. Lerner on 'Israel and the Economic Development of Palestine': Twenty Years Later", Research in the History of Economic Thought and Methodology 2, 233-254.

·      Arnon, A. (1990), "What Thomas Tooke (and Ricardo) Could Have Known Had They Constructed Price Indices", Perspectives on the History of Economic Thought 4, 1-19.

·      Arnon, A. (1991), "Construction for New Immigrants: Government, Entrepreneurs, and the Invisible Hand - Review and Conclusions Based on an Attitude Survey", The Economic Quarterly 149, 313-321, (Hebrew).

·      Arnon, A. and C. Ferstman, (1992), "Privatization of Natural Monopolies: In Pursuit of the unproven", The Economic Quarterly 153, 187-212, (Hebrew).

 

·      Arnon, A. and A. Spivak, (1995) "Comments on the 'Protocol Concerning the Economic Relations' Between Israel and the Palestinians - The Monetary Dimension", The Economic Quarterly 42 (1), 155-159, (Hebrew).

·      Arnon, A., A. Spivak and J. Weinblatt (1995), "Potential For Trade between Israel, The Palestinians and Jordan", The World Economy 19, pp. 113-134.

·      Arnon, A. and D. Gottlieb, (1996), "An Analysis of the Palestinian Economy: The West Bank and the Gaza Strip 1968-1991", Bank of Israel Review 69, pp.44-70.

·      Arnon, A. and A. Spivak, (1996), "On the Introduction of a Palestinian Currency",

Middle East Business and Economic Review 8, pp. 1-14.

See also (1995), "A Seigniorage Perspective on the Introduction of A Palestinian Currency", The Economic Quarterly 42 (1), 180-197, (Hebrew).

·      Arnon, A. and A. Spivak (1996), "Monetary Integration between the Israeli, Jordanian and Palestinian Economies", Weltwirtschaftliches Archive 132(2), pp. 259-277.

·      Arnon, A. and J. Weinblatt (1998), "Linder's Hypothesis Revisited: Income Similarity Effects for Low Income Countries", Applied Economics Letters 5, pp.607-611.

·       Arnon, A. (1999), "Free (and Not So Free) Banking Theories Among the Classicals or Classical Forerunners of Free Banking and Why They Have Been Neglected", History of Political Economy 31(1), pp. 79-107. [PDF]

·      Arnon, A. (2000) "Sovereignty and Economic Development: From The Interim to Permanent Arrangements Between Israelis and Palestinians", The Economic Quarterly, 47(1), pp. 33-47 (Hebrew).

·      Arnon, A. and J, Weinblatt (2001), "Sovereignty and Economic Development: The Case of Israel and Palestine", The Economic Journal, 111, F291- F308. [PDF]

·           Arnon, A. (2004) "Introduction" to The Aix Group "Economic Road Map: An Israeli Palestinian Perspective on Permanent Status", The Economic Quarterly, 51(1), pp. 114-120 (Hebrew). [PDF]

·            Arnon, A (2007), “Israeli Policy towards the Occupied Palestinian Territories: The Economic Dimension 1967-2007”, The Middle East Journal, 61(4), pp. 573-595. [PDF]

·      Arnon A. and S. Bamya (eds.) (2007), "Economic Dimensions of a Two State Agreement Between Israel and Palestine" contains an Introduction, chapters on Jerusalem, the Refugees, Cooperation in Infrastructure and "Fast Track" chapter, where the short run trade


regime, labor links with Israel and the conditions in the Jordan Valley are analyzed. [PDF in

 English] [PDF in Hebrew]

 

·      Arnon, A (2007), “Between ‘One’ and ‘Two’ - Economics between the Mediterranean Sea and the Jordan River since 1967”, Theory and Critique, 31, pp. 45-76, (Hebrew). [PDF]

·      Arnon, A. (2009), " Reexamination of Thornton’s Innovative Monetary Analysis: The Bullion Debate during the Restriction Once Again", History of Political Economy, Vol. 41, pp 545-574. [PDF]

 

 

Scientific Publications Chapters in Collective Volumes

 

·      Arnon, A. (1993), "The Policy Implications of Classical Monetary Theory: Between the Two Hands," in G. Mongiovi and C. Ruhl (Eds.), Macroeconomic Theory: Diversity and Convergence, 110-122, Aldershot, Elgar.

·      Arnon, A. (1994), "Marx, Minsky and Monetary Economics" in G. Dimsky and R. Pollin (Eds.), New Perspectives in Monetary Macroeconomics: Explorations in the Tradition of Hyman P. Minsky, 353-365, Ann Arbor: Michigan University Press.

·      Arnon, A. (1995), "Trade and Borders Between the Israelis and the Palestinians: The 'Right' Mixture of 'Leave Me Alone' and 'Let's Live Together" in R. Moses (Ed) The Psychology of Peace and Conflict: The Israeli-Palestinian Experience, pp. 174-180.

·      Arnon, A. (1997), "Thomas Tooke, The Currency Principle and The 1844 Bank Act", Introductory Essay to Tooke's "An Inquiry into the Currency Principle", re-issued in 'Klassiker der Nationalokonomie' series (B. Schefold, Ed), Dusseldorf, Germany: Verlag Wirtschaft und Finanzen.

·       Arnon, A. (1999), "The Links Between the Israeli and Palestinian Economies Since 1967: Between Imposed Integration and Voluntary Separation" in H. Gordon (ed) Looking Back at the 1967 War, Praeger.

·      Arnon, A. and W. Young, (2002) "Introduction" in Arnon, A. and W. Young (eds), "The Open Economy Macromodel: Past, Present and Future", Kluwer Academic Publishing.

·      Arnon, A. and N. Kanafani (2004) "Absorbing Returnees in a Viable Palestinian State: a Forward Looking Macroeconomic Perspective" Ch. 10 in Cobham, D. and N. Kanafani (eds) The Economics of Palestine: Economic Policy and Institutional Reform for a Viable Palestinian State, London: Routledge. [PDF]

·      Arnon, A., A. Spivak and O. Sussman (2004) "Incomplete Contracts, the Port of Gaza, and the Case for Economic Sovereignty" Ch. 11 in Cobham, D. and N. Kanafani (eds) The Economics of Palestine: Economic Policy and Institutional Reform for a Viable Palestinian State, London: Routledge. [PDF]

 

·         Arnon, A. (2011), “Keynes, Wicksell and Active Monetary Policy” in Arnon, A., J. Weinblatt and W. Young (eds.), Perspectives on Keynesian Economics, Springer-Verlag.

·         Arnon, A. (2013), “Economic Aspects in the Israeli-Palestinian Conflict” in Newman, D. and J. Peters, (eds.), Routledge Handbook of the Israeli-Palestinian Conflict, Ch 15, pp. 173-184, London: Routledge.

·          Hadad S, and Arnon A. (2014a), “The Economic Crisis: Perspective on Possible Causes”, in International and Israeli Perspectives on the Economic Crisis (2008), Summary of the Discussions in a Study Group Convened at the Van Leer Jerusalem Institute by the “Program on Economics and Society”, Ch. 1 pp. 13-29. [Hebrew]

·          Hadad S, and Arnon A. (2014b), “The Crisis in the USA: An Anatomy of Economic Crisis”, in International and Israeli Perspectives on the Economic Crisis (2008), Summary of the Discussions in a Study Group Convened at the Van Leer Jerusalem Institute by the “Program on Economics and Society”, Ch. 1 pp. 30-44. [Hebrew]

·          Strawczynski, M. and Arnon A. (2014c), “Fiscal Policy After the Crisis: A Prospective View”, in International and Israeli Perspectives on the Economic Crisis (2008), Summary of the


Discussions in a Study Group Convened at the Van Leer Jerusalem Institute by the “Program on Economics and Society”, Ch. 1 pp. 178-190. [Hebrew]

·          Arnon, A. (2018), “No Substitute for Politics,” Response to “The Palestinian Economy: Development and Liberation” by Khalidi R. in Stern-Weiner, J. (ed.) Moment of Truth: Tackling Israel-Palestine Toughest Questions, pp. 305-308, London: OR Books.

·          Arnon, A. Young, W. and Van Der Beek, K. (2020), “Introduction” in Expectations: Theory and Applications from Historical Perspectives, pp. vii-x, Heidelberg: Springer-Verlag.

·          Arnon, A., Marcuzzo, C. and Rosselli, A. (2022), “Introduction” in Financial Markets in Perspective: Lessons from Economic History and History of Economic Thought, Heidelberg: Springer-Verlag.

Arnon, A. (2022), “Marx and Hayek on “Real” versus “Less Real” Explanations for the Fragility of Capitalism”, Ch 6, pp. 103-121, in Financial Markets in Perspective: Lessons from Economic History and History of Economic Thought, Arnon, A., Marcuzzo, C. and Rosselli, A. (eds.), Heidelberg: Springer-Verlag.

Reviews, Comments and Entries in Dictionaries

 

·     Arnon, A. (1988), Reviews, Comments and Entries in Dictionaries. Review of Sharkanski, I. (1987), "The Political Economy of Israel",

The Middle East Journal.

 

·      Arnon, A. and A. Spivak (Eds. and Introduction) (1991), "Government Involvement in Immigrant Absorption - A Symposium", The Economic Quarterly 149, 298-331, (Hebrew).

·      Arnon, A. (1993), A Note on Laidler's: "Was Wicksell a Quantity Theorist?", in Barkai, H., S. Fischer, and N. Liviatan, (Eds.) in Monetary Theory and Thought: Essays in Honour of Don Patinkin, pp. 178-181, MacMillan Press.

·      Arnon, A. (1994), Review of D.P. O'Brien (1993) "Thomas Joplin and Classical Macroeconomics: A Reappraisal of Classical Monetary Thought", The European Journal of the History of Economic Thought 1, pp. 643-646.

·      Arnon, A. (1997), "Thomas Tooke", entry in Glasner, D. (Ed.), Encyclopedia of Business Cycles, Panics, Crises and Depressions.

·      Arnon, A. (1998), "The Bullionist Debate", in H. Kurz and N. Salvadori (Eds), Elgar Companion to Classicals Economics, Aldershot: Elgar Publishing Press.

·      Arnon, A. (2004), "Thomas Tooke", entry in the New Dictionary of National Biography, H.C.G. Matthew (Ed), Oxford: Oxford University Press.

 

 

Invited Contributions to Edited Journals

 

·      Arnon, A. and A. Spivak (1998), "Economic Aspects of the Oslo Peace Process: The Disappointing Consequences of an Incomplete Agreement", Palestine Israel Journal 5(3/4), pp. 128-142.

·      Arnon, A. (2001), "Concluding Notes - The Sapir Forum: Poverty and Income Distribution in Israel", The Economic Quarterly 48(4), pp. 684-688, (Hebrew).

·     Arnon, A. (2002), "The Implications of Economic Borders between Israel and Palestine", Israel Palestine Journal, 9(3), pp. 32-39. [PDF]

·     Arnon, A. and S. Bamya (2007), "Back to Negotiating the Final Status: The Economic Dimension", Palestine- Israel Journal, 14(3), pp. 22-27. [PDF]

·     Arnon, A., and S. Bamya (2008/9), "A Framework to Address the Refugees Problem",

Palestine- Israel Journal, 16(1), pp. 154-158.

 

 

Policy Papers and Research Reports

 

·      Arnon, A. and R. Amihai (1991), "Privatization and Its Limits", Working Paper No. 91- 11, Research Department, The Bank of Israel (Hebrew).


·      Arnon, A. (1996), "Links Between the Israeli and Palestinian Economies", Background Paper for the 'Economic Report on the Palestinian Economy' prepared by the World Bank and MAS.

·         Arnon, A. (1997), "Macroeconomic Implications of Feasible Agreements Concerning the Palestinian Refugees", Chapter prepared for the 'Harvard Project on Palestinian Refugees', Kennedy School of Government, Institute for Social and Economic Policy in the Middle East, Harvard University. The Economic Road Map by the Aix Group\

 

 

Research Reports of the Aix Group

 

·      Arnon, A., S. Bamya and G. Ben-Hayoun with others [The Aix Group] (2004) "Economic Road

 Map: An Israeli Palestinian Perspective on Permanent Status" [PDF in English] [PDF in

 Hebrew]Arnon, A., S. Bamya and G. Ben-Hayoun with others [The Aix Group] (2005) "Israel

 and Palestine: Disengagement and the Economic Road Map" [PDF in English] [PDF in

 Hebrew]

 

·      Arnon A. and S. Bamya (eds.) (2007), [The Aix Group], Economic Dimensions of a Two State Agreement between Israel and Palestine, (256 pages)

 http://www.aixgroup.org/economic_dimensions_english_website.pdf [English, Hebrew, Arabic and French].

·       Arnon, A., S. Bamya, G. Benhayoun, S. Hazboun and R. Pundak (2007), Introduction: The Rationale and Assumptions Behind the Aix Group Economic Analysis, in Arnon A. and S. Bamya (eds.) (2007).

·       Arnon, A., S. Bamya, T. Hacker, E. Sand and S. Hadad (2007), [The Aix Group, Palestinian Refugees Team], The Palestinian Refugees, in Arnon A. and S. Bamya (eds.) (2007).

·       Arnon A. and S. Bamya (2009), The ‘Big Picture’: The Political and Economic Alternatives Facing Israelis and Palestinians, http://www.aixgroup.org/Big%20Picture%20(31.5.09).pdf .

·       Arnon A. and S. Bamya (eds.) (2010), [The Aix Group], Economic Dimensions of a Two State Agreement between Israel and Palestine, Vol. II Supplementary Papers.

·       Arnon A. and S. Bamya (eds.) (2012), [The Aix Group], The Arab Peace Initiative and Israeli- Palestinian Peace: The Political Economy of a New Period.Arnon A. and S. Bamya (eds.) (2015), [The Aix Group], Economics and Politics in the Israeli Palestinian Conflict.

·       Arnon A., Gal, Y., Khatib, S. and Bamya, S. (2015), "Twenty Years After Oslo and The Paris Protocol - The Protocol on Economic Relations between Israel and PLO Analysis of its Weakness and Proposed Modifications" in Arnon A. and S. Bamya (eds.) [The Aix Group], Economics and Politics in the Israeli Palestinian Conflict.

·       Arnon, A., Finkelstein, A., Bamya, S., Abu Obeid, M and Zeira, J. (2015), "Some Economic Aspects of the Reconstruction of Gaza", in Arnon A. and S. Bamya (eds.) [The Aix Group], Economics and Politics in the Israeli Palestinian Conflict.

·       Arnon A. and S. Bamya (eds.) (2017), [The Aix Group in collaboration with the Office of the Chief Economist, MENA Region, World Bank], Two Further Studies: Improving the Gazan Economy and Utilizing the Economic Potential of the Jordan Valley.

See: https://truman.huji.ac.il/aix-group

 


 

Other Publications: A Book

Arnon, Arie and Khenin, Dov (2003),

A Different Perspective on Economics, Society and the Environment (Hebrew)

   Review: Maarive (Hebrew Newspaper), A. Yovel

 Review: Haaretz (Hebrew Newspaper), Y. Be'er

 

Text Book

 

·      Arnon, A. (1983/84), Macroeconomics. Open University, Israel. Chief consultant and author of Units 1-4.