ECONOMICS
380
Economic
History of Thought after 1870
Course
Outline
Introduction
Blaug, M.,Economic theory in retrospect, Cambridge University Press, 5th Edition, 1996:
Introduction: Has economic theory progressed?, 1-8;
Chapter 17: Methodological Postscript, 689-704
Champernowne, D.G.: Book Review Epistemics and Economics. A Critique of Economic Doctrines by G. L. S. Shackle, Cambridge; Cambridge University Press, 1973. pp. 482, Economic Journal, Sept. 1973, 83 (331), 908-910.
Fuller, S., Being There with Thomas Kuhn: A Parable for Postmodern Times, History and Theory, Volume 31, Issue 3, Oct. 1992, 241-275.
Gordon, S., The history and philosophy of social science - Chapter 18: The foundations of science, Routledge, London, 1991.
Merton, R.K., The Fallacy of the Latest Word: The Case of “Pietism and Science”, American Journal of Sociology, 89, (5), March 1984, 1091-1121.
Parker, R.,
Can Economists Save Economics?,
The American Prospect, 4 (13),
Screpanti E. & Zamagni S., An outline of the history of economic thought, Oxford University Press, 2nd Edition, 2005
Schumpeter, J.A., History of Economic Analysis [1954], Oxford University Press (7th printing) 1968:
Chapter 1: Introduction and Plan
Chapter 2: Interlude I: The Techniques of Economic Analysis
Marginalist Revolution & the Standard Model
Carl Menger, 1841-1921
Eugen von Böhm-Bawerk, 1851-1914
Ludwig Edler von Mises, 1881-1973
William Stanley Jevons, 1835-1882
Alfred Marshall, 1842-1924
Principles of Economics, [1st Ed. 1890], 8th Ed. 1920, Library of Economics & Liberty.org
Appendix A The Growth of Free Industry and Enterprise.
Appendix B The Growth of Economic Science.
Appendix C The Scope and Method of Economics.
Appendix D Uses of Abstract Reasoning in Economics.
Appendix E Definitions of Capital.
Appendix F Barter.
Appendix G The Incidence of Local Rates, With Some Suggestions As To Policy.
Appendix H Limitations of the Use of Statical Assumptions in Regard To Increasing Return.
Appendix I Ricardo's Theory of Value.
Appendix J The Doctrine of the Wages-Fund.
Appendix K Certain Kinds of Surplus.
Appendix L Ricardo's Doctrine As To Taxes and Improvements in Agriculture.
Mathematical Appendix (PDF file; requires free Acrobat Reader plugin) Also available: download of raw TeX ASCII file.
Barber, W.J., History of Economic Thought, Penguin Books, Harmondsworth, England, 1967.
Alfred Marshall and the Framework on Neo-Classical Themes, pp. 168 – 197
Raffaelli, T., Marshall's Analysis of the Human Mind, in Warren J. Samuels (ed.) Research in the History of Economic Thought and Methodology, Archival Supplement 4, JAI Press, Greenwich, Connecticut, 1994, 57-93.
Young, A.A., Increasing Returns and Economic Progress, The Economic Journal, Vol. 38, No. 152 , Dec. 1928, 527-542.
Vilfredo Pareto, 1848-1923
Marie-Ésprit Léon Walras, 1834-1910
Others
John Bates
“The New Philosophy of Wealth”, 1877, New Englander and Yale Review
“Unrecognized Forces in Political Economy“, 1877, New Englander and Yale Review
“How to Deal with Communism”, 1878, New Englander and Yale Review
“Business Ethics, Past and Present”, 1879, New Englander and Yale Review
“The Nature and Progress of True Socialism” 1879, New Englander and Yale Review
“Spiritual Economics”, 1880, New Englander and Yale Review
“The Philosophy of Value”,1881, New Englander and Yale Review
“Non-competitive Economics”, 1882, New Englander and Yale Review
“Recent Theories of Wages”, 1883, New Englander and Yale Review
“The Moral Outcome of Labor Troubles”, 1886, New Englander and Yale Review
“Christianity and Modern Economics”, 1887, New Englander and Yale Review
“The “Trust”: A New Agent for doing an Old Work: or Freedom doing the Work of Monopoly“, 1890, New Englander and Yale Review
“Distribution as Determined by a Law of Rent“, 1891, QJE
“The Origin of Interest, 1895, QJE
“Real Issues Concerning Interest”, 1895, QJE
“The Modern Appeal to Legal Forces in Economic Life”, 1894, AER
The Distribution of Wealth: A theory of wages, interest and profits, 1899.
“Disarming the Trusts”, 1900, Atlantic Monthly
“Review of Schumpeter's Theory of Economic Development”, 1912, AER
“The Economic Costs of War”, 1915, AER
Lionel Robbins, 1898-1984
Frank Knight, 1885-1972
Risk, Uncertainty and Profit, 1921.
"Cassel's Theoretische Sozialökonomie", 1921, JPE.
"Ethics and the Economic Interpretation", 1922, QJE.
"The Ethics of Competition", 1923, QJE.
Knut Wicksell, 1851-1926
Counter-Revolutionaries
American Institutionalists
John Rogers Commons, 1862-1945
Commercial Revolution -
Lecture before Mr. Penman’s Class, July 16, 1920, in Warren J.
Samuels (ed.) Research in the History of Economic Thought and Methodology,
Archival Supplement 4, JAI Press, Greenwich, Connecticut, 1994, 227-233.
The Legal Foundations of
Capitalism
-
Chapter VII: The Price Bargain
[1924], MacMillan, NYC, 1939.
Institutional Economics, American Economic Review,
21 (3), December 1931, 648-657.
Institutional Economics,
American Economic Review, 26 (1), March 1936, 237-249.
The Economics of Collective Action:
Chapter viii.
Futurity,
W.C. Mitchell, 1874-1948
The Backward Art of Spending Money", 1912, AER.
Business Cycles, 1913.
"Review of Aftalion's Les crises périodiques de surproduction", 1914, AER
"Review of Davenport's Economics of Enterprise", 1914, AER
"Wieser's Theory of Social Economics", 1915, PSQ.
"The Role of Money in Economic Theory", 1916, AER.
"Review of Robertson's Study in Industrial Fluctuation", 1916, AER
"Review of the Review of Economic Statistics", 1919, AER
"Prices and Reconstruction", 1920, AER
Thorstein Veblen, 1857-1929
Why is Economics Not an Evolutionary Science
The Limitations of Marginal Utility
The Socialist Economics of Karl Marx - Part 1
The Socialist Economics of Karl Marx - Part 2
The Preconceptions of Economic Science - Part 1
The Preconceptions of Economic Science - Part 2
The Preconceptions of Economic Science - Part 3
Böhm-Bawerk's Definition of Capital
The Theory of the Leisure Class
The Vested Interests and the Common Man
Imperial Germany and the Industrial Revolution (1915)
The Engineers and the Price System
Others
Karl Polanyi, 1886-1964
Block, F., “Introduction” to The Great Transformation by Karl Polanvi, Beacon Press, 2001.
Joseph Schumpeter, 1883-1950
Capitalism, Socialism and Democracy, 3rd ed., [1950], Harper Torchbooks, New York, 1962:
Chapter VII - The Process of Creative Destruction
Chapter VIII - Monopolistic Practices.
Rosenberg, N., Exploring the
Black Box: Technology, economics and history, Cambridge University Press,
3 Joseph Schumpeter: radical
economist, 47-61
Keynesian Revolution
John Maynard Keynes, 1883-1946
The General Theory of Employment, Interest and Money [1936], Macmillan,
Chapter 12 The
State of Long-Term Expectations,
147-164.
Chapter 21: The Theory of Prices, 292-309.
Barber, W.J., History
of Economic Thought, Penguin Books,
Economics of Keynes's General Theory, 223 – 252.
Shackle, G.L.S., The Years of High Theory: Invention and Tradition in Economic Thought
1926-1939,
Chapter 11 - To the 'QJE' from Chapter 12 of the "General Theory': Keynes's Ultimate Meaning,.129-134.
Counter-Revolutionaries
Frederick von Hayek, 1889-1992
Economics and Knowledge,
Economica, New Series, 4 (13), February 1937,
33-54.
Scientism and the Study of
Society: PART I, Economica, New
Series, 9 (35), August, 1942, 267-291.
Scientism and the Study of
Society: PART II, Economica, New
Series, 10 (37), February 1943, 34-63.
Scientism and the Study of
Society PART III, Economica, New Series,
11 (41), February 1944, 27-39.
The Use of Knowledge in Society,
American Economic Review, 35 (4), September 1945, 519-530.
The Pretence of Knowledge,
American Economic Review, 79 (6), December 1989, 3-7.
Harold Innis
Dudley, L.M., Space, Time, Number: Harold A. Innis As Evolutionary Theorist, Canadian Journal of Economics, 28 (4a) , Nov. 1995, 754-769.
Monetarists & Positivists
Friedman, M., Essays in Positive Economics: Part I - The Methodology of Positive Economics, University of Chicago Press (1953), 1970, pp. 3-43.
Rational Expectationalists
Post-Revolutionary Economics
The 'New' Economics plus Behavioural, Cultural (AEA Z000), Evolutionary, Experimental, Game Theory, Managerial Economics, et al
Altman, M., Chapter 6: A Behavioral Model of Endogenous Economic Growth, Worker Satisfaction and Economic Performance, M.E. Sharpe, Armonk, 2001, 119-136. Also see SABE & Camerer, C., "Behavioral Economics: Past, Present, Future", Draft 2002
Bradie, M, and Harms, W., Evolutionary Epistemology, Stanford Encyclopedia of Philosophy, 2001.
Loasby, B.J., Market institutions and economic evolution, Journal of Evolutionary Economics, 2000, 10: 297-309.