A Companion to the History of Economic Thought

by Samuels, Warren J.; Biddle, Jeff E.; Davis, John B.

• ISBN13: 9780631225737
• ISBN10: 0631225730
• Edition: 1st
• Format: Hardcover
• Copyright: 2003-08-01
• Publisher: Wiley-Blackwell

Summary

Assembling contributions from top thinkers in the field, this Companion offers a comprehensive and sophisticated exploration of the history of economic thought. The volume has a threefold focus: the history of economic thought, the history of economics as a discipline, and the historiography of economic thought. The essays in the first part focus on the history of economic ideas, with topics ranging from ancient, medieval, and Islamic thought, to Marxian, Utopian, and postwar thought. The second part explores important historiographical topics, including the sociology of economics, methodology, exegesis, and textuality. Each essay serves as a complex introduction to the chosen topic, and gathered together they provide an extensive synthesis of the field as a whole. The volume is an essential resource for anyone researching or studying the history of economic thought, and will also serve as an excellent text for courses in this area.

Author Biography

Warren J. Samuels is Professor Emeritus, and former Director of Graduate Programs for the Economics Department at Michigan State University. He is former President of the History of Economics Society and former President of the Association for Social Economics. In 1997 he was made Distinguished Fellow, History of Economics Society. Professor Samuels was Editor of the Journal of Economic Issues and is presently Co-editor of the Journal of Income Distribution. He has been on the Editorial Boards of 16 journals, has written or edited over 40 books, and is widely published in top journals.

Jeff E. Biddle is Professor of Economics at Michigan State University. He is widely published in the field of history of economic thought in such journals as The History of Political Economy, Journal of Labor Economics, and American Economic Review.

John B. Davis is Professor of Economics at Marquette University, and is former President of the History of Economics Society. Professor Davis specializes in history of economic thought and is renowned for his work on John Maynard Keynes. Recently he was a visiting fellow at Clare Hall, Cambridge, UK where he conducted research on Keynes' unpublished manuscripts. Davis is Editor of the Review of Social Economy and his research has been published in The Economic Journal, Cambridge Journal of Economics, Journal of Post-Keynesian Economics, and The History of Political Economics.

Table of Contents

List of Figures	ix
List of Tables	x
List of Contributors	xi
Preface	xv
Research Styles in the History of Economic Thought	1	(10)
Jeff E. Biddle
PART I HISTORICAL SURVEYS
Ancient and Medieval Economics	11	(17)
S. Todd Lowry
Contributions of Medieval Muslim Scholars to the History of Economics and their Impact: A Refutation of the Schumpeterian Great Gap	28	(18)
Hamid S. Hosseini
Mercantilism	46	(15)
Lars G. Magnusson
Physiocracy and French Pre-Classical Political Economy	61	(17)
Philippe Steiner
Pre-Classical Economics in Britain	78	(16)
Anthony Brewer
Adam Smith (1723--1790): Theories of Political Economy	94	(18)
Andrew S. Skinner
Classical Economics	112	(18)
Denis P. O'Brien
Post-Ricardian British Economics, 1830--1870	130	(18)
Sandra J. Peart
David M. Levy
Karl Marx: His Work and the Major Changes in its Interpretation	148	(19)
Geert Reuten
The Surplus Interpretation of the Classical Economists	167	(17)
Heinz D. Kurz
Non-Marxian Socialism	184	(17)
J. E. King
Utopian Economics	201	(14)
Warren J. Samuels
Historical Schools of Economics: German and English	215	(16)
Keith Tribe
American Economics to 1900	231	(15)
William J. Barber
English Marginalism: Jevons, Marshall, and Pigou	246	(16)
Peter Groenewegen
The Austrian Marginalists: Menger, Bohm-Bawerk, and Wieser	262	(16)
Steven Horwitz
Early General Equilibrium Economics: Walras, Pareto, and Cassel	278	(16)
Donald A. Walker
The ``First'' Imperfect Competition Revolution	294	(14)
Maria Cristina Marcuzzo
The Stabilization of Price Theory, 1920--1955	308	(17)
Roger E. Backhouse
Interwar Monetary and Business Cycle Theory: Macroeconomics before Keynes	325	(18)
Robert W. Dimand
Keynes and the Cambridge School	343	(17)
G. C. Harcourt
Prue Kerr
American Institutional Economics in the Interwar Period	360	(17)
Malcolm Rutherford
Postwar Neoclassical Microeconomics	377	(18)
S. Abu Turab Rizvi
The Formalist Revolution of the 1950s	395	(16)
Mark Blaug
A History of Postwar Monetary Economics and Macroeconomics	411	(17)
Kevin D. Hoover
The Economic Role of Government in the History of Economic Thought	428	(17)
Steven G. Medema
Postwar Heterodox Economics	445	(46)
The Austrian School of Economics: 1950--2000	445	(9)
Peter J. Boettke
Peter T. Leeson
Feminist Economics	454	(8)
Janet A. Seiz
Institutional Economics	462	(9)
Geoffrey M. Hodgson
Post Keynesian Economics	471	(8)
Sheila C. Dow
Radical Political Economy	479	(12)
Bruce Pietrykowski
PART II HISTORIOGRAPHY
Historiography	491	(16)
Matthias Klaes
The Sociology of Economics and Scientific Knowledge, and the History of Economic Thought	507	(16)
A. W. Bob Coats
Exegesis, Hermeneutics, and Interpretation	523	(15)
Ross B. Emmett
Textuality and the History of Economics: Intention and Meaning	538	(15)
Vivienne Brown
Mathematical Modeling as an Exegetical Tool: Rational Reconstruction	553	(18)
A. M. C. Waterman
Economic Methodology since Kuhn	571	(17)
John B. Davis
Biography and the History of Economics	588	(18)
D. E. Moggridge
Economics and Economics in the Policy Process	606	(16)
Craufurd D. W. Goodwin
The International Diffusion of Economic Thought	622	(12)
Jose Lufs Cardoso
The History of Ideas and Economics	634	(21)
Mark Perlman
Research in the History of Economic Thought as a Vehicle for the Defense and Criticism of Orthodox Economics	655	(14)
John Lodewijks
Name Index	669	(19)
Subject Index	688