1st Edition

The State of the History of Economics Proceedings of the History of Economics Society

Edited By James P. Henderson Copyright 1997
    232 Pages
    by Routledge

    232 Pages
    by Routledge

    This collection explores emerging areas in the history of economics and provides a valuable insight into contemporary research in the field. The papers focus on four areas:
    * Science and Economics. Authors investigate how science is perceived and how its history is related, details early history of probability and examine 'cyberpunk' - a science fiction genre that draws heavily on modern economic ideas
    * David Ricardo's contribution to international trade theory. Texts by David Ricardo are re-examined to provide a framework for a more consistent and coherent interpretation of Ricardo and to demonstrate how history of economic thought approaches can be applied to the treatment of current theory and policy concerns
    * The contributions of individual economists including Joseph A. Schumpeter, Werner Sombart and John Maynard Keynes and a comparison of Hicks' and Lindahl's views on monetary stability
    * Economics and events before Adam Smith. An investigation into English policies toward Ireland at the time of Cromwell's occupation is followed by explorations of the ideas of Vincent de Gourney and debates in French economic journals in the period 1750-1770.

    Contributors, INTRODUCTION, 1 THE HISTORY OF ECONOMICS AND THE HISTORY OF AGENCY, 2 THE HISTORY OF CLASSICAL AND FREQUENTIST THEORIES OF PROBABILITY, 3 CYBERPUNK AND CHICAGO, 4 HETEROGENEOUS LABOR IN A SIMPLE RICARDIAN MODEL, 5 INTERNATIONAL TRADE, MACHINERY, AND THE REMUNERATION OF LABOR: A REEXAMINATION OF THE ARGUMENT IN THE THIRD EDITION OF RICARDO’S PRINCIPLES OF POLITICAL ECONOMY AND TAXATION, 6 REFLECTIONS ON SCHUMPETER’S HISTORY OF ECONOMIC ANALYSIS IN LIGHT OF HIS UNIVERSAL SOCIAL SCIENCE, 7 JOHN MAYNARD KEYNES ON SOCIO-ECONOMIC CLASSES IN TWENTIETH-CENTURY CAPITALISM, 8 HICKS AND LINDAHL ON MONETARY INSTABILITY: ELASTICITY OF PRICE EXPECTATIONS VERSUS ELASTICITY OF INTEREST EXPECTATIONS, 9 (DIS)TRUSTING THE TALE: WERNER SOMBART AND THE NARRATIVE OF ECONOMICS, 10 CROMWELL’S OCCUPATION OF IRELAND AS JUDGED FROM PETTY’S OBSERVATIONS AND MARX’S THEORY OF COLONIALISM, 11 VINCENT DE GOURNAY, OR “LAISSEZ-FAIRE WITHOUT LAISSEZ-PASSER”, 12 STORM OVER ECONOMIC THOUGHT: DEBATES IN FRENCH ECONOMIC JOURNALS, 1750–70, Index

    Biography

    Professor James P. Henderson, Valparaiso University, holds degrees from Beloit College and Northern Illinois University. He was President of the History of Economics Society in 1995-96 and is Vice-President of the Association for Social Economics. He is the author of Early Mathematical Economics: William Whewell and the British Case.