Historians of Economics and Economic Thought: The Construction of Disciplinary Memory (Routledge Studies in the History of Economics)

This collection summarizes the work of key historians of economics and attempts to quantify their impact. The collection is authored by an impressive list of contributors, many of whom are themselves well-known in this field. Book Cover......Page 1 Half-Title......Page 2 Series Title......Page 3 Title......Page 6 Copyright......Page 7 Contents......Page 8 Contributors......Page 10 Introduction......Page 12 Freedom, Greek and Roman style......Page 14 Freedom, American style......Page 15 The free scholar......Page 17 The accidental economist......Page 18 An accidental historian of economic thought......Page 20 The liberal education of William J.Barber......Page 23 Notes......Page 24 Bibliography......Page 25 Introduction......Page 28 Life and work......Page 29 Ricardo and classical economics......Page 34 Walras and Walrasian economics......Page 37 Keynes and macroeconomics......Page 40 Methodology and the history of economic thought......Page 41 Conclusions......Page 43 Notes......Page 45 Bibliography......Page 47 Why employ economists?......Page 50 Ideas, policy, and events......Page 51 Case study I: Mercantilism: quasi-system, or policy acts and ideas with an empirical base?......Page 52 Case study II: Economic expertise and the policy process......Page 56 In addition to historicizing economic policy......Page 59 Bibliography......Page 60 4 Verve and versatility......Page 62 Notes......Page 69 Bibliography......Page 70 Introduction......Page 74 Dobb’s economic history......Page 75 The young Dobb......Page 78 Dobb on Adam Smith......Page 80 Dobb on Ricardo......Page 82 Marx......Page 85 The rise of marginalism......Page 87 Dobb’s methodological perspective......Page 88 The Marshall Lectures and theories of value and distribution since Adam Smith......Page 91 Conclusion......Page 92 Notes......Page 93 Bibliography......Page 99 Introduction......Page 104 The 1960s and the call for a theory of economic policy......Page 106 Grampp’s analysis of economic liberalism......Page 107 Setting the record straight about the Manchester school......Page 111 The role of the individual in steering Britain’s “turn” toward free trade......Page 116 Grampp and the world of art......Page 119 Final assessment......Page 121 Notes......Page 122 Bibliography......Page 124 Introduction......Page 128 Readings in the history of thought......Page 129 Hayek’s readings of the history of economic thought......Page 133 Notes......Page 136 Bibliography......Page 138 8 From Adam Smith to John Stuart Mill......Page 140 Adam Smith......Page 141 David Ricardo......Page 144 Robert Malthus......Page 155 John Stuart Mill......Page 164 Conclusion......Page 169 Notes......Page 170 Bibliography......Page 171 Methodological issues......Page 174 Resource and environmental economics......Page 176 Legal and contract theory......Page 178 Xenophon......Page 179 Plato......Page 181 The Greek participative tradition......Page 182 Aristotle......Page 183 Avenues for future research and conclusion......Page 186 Notes......Page 187 Bibliography......Page 188 Introduction......Page 192 The economics of physiocracy......Page 193 The Scottish Enlightenment......Page 195 Marxism I: the Stalinist phase......Page 197 Marxism II: the new left......Page 202 Marxism III: the social democratic phase......Page 205 Marx after Sraffa......Page 209 Conclusion......Page 212 Notes......Page 214 Bibliography......Page 216 11 Philip Mirowski as a historian of economic thought......Page 220 Education and early projects......Page 221 Histories of economics......Page 222 More Heat Than Light......Page 224 Two answers to “so what?”......Page 226 Bibliography......Page 231 Introduction: the editor as historian of economic thought......Page 234 Point of entry: economic history......Page 237 The constitution of The Collected Writings......Page 238 Maynard Keynes as companion to The Collected Writings......Page 241 Notes......Page 246 Bibliography......Page 247 The beginning......Page 250 McCulloch......Page 251 Overstone......Page 252 The Classical Economists......Page 254 Methodology......Page 255 Robbins......Page 256 Joplin......Page 257 More monetary economics......Page 258 The nature and approach......Page 259 Publishing habits......Page 260 Concluding comments......Page 261 Notes......Page 262 Bibliography......Page 264 14 Joan Robinson’s economics......Page 270 I......Page 272 Value......Page 273 Utility......Page 275 Full employment as ideology......Page 276 Tools to address time and uncertainty......Page 278 Tools to measure capital and explain accumulation......Page 279 Tools to analyse investment and the price level......Page 280 III......Page 281 IV......Page 283 Notes......Page 286 Bibliography......Page 287 15 Henry William Spiegel......Page 292 Biographical sketch......Page 293 Spiegel’s work as historian of economic thought......Page 295 Some historiographical issues......Page 300 Spiegel as referee......Page 302 Notes......Page 304 Bibliography......Page 305 Introduction......Page 308 Werner Stark, 1909–85......Page 309 Sociology of knowledge as an approach to the history of economics......Page 310 Fundamental forms of social thought......Page 314 Stark as historian of economics......Page 316 From historian to critic......Page 319 Notes......Page 322 Bibliography......Page 323 Introduction......Page 326 Sins of the father?......Page 327 An economic theorist turns to history......Page 328 On the history and methodology of general equilibrium analysis......Page 329 Constructing knowledge......Page 331 History of science and the separate disciplinary status of the history of economic thought......Page 333 Stabilising Dynamics......Page 334 Attacking lost causes......Page 336 The obscured light......Page 337 Bibliography......Page 339 I......Page 342 II......Page 343 III......Page 345 IV......Page 348 Notes......Page 352 Bibliography......Page 354 Index......Page 356 Economics, Finance, Business & Industry Book Cover 1 Half-Title 2 Series Title 3 Title 6 Copyright 7 Contents 8 Contributors 10 Introduction 12 1 The skills of freedom 14 Freedom, Greek and Roman style 14 Freedom, American style 15 The free scholar 17 The accidental economist 18 An accidental historian of economic thought 20 The liberal education of William J.Barber 23 Notes 24 Bibliography 25 2 Mark Blaug as a historian of economic thought 28 Introduction 28 Life and work 29 Ricardo and classical economics 34 Walras and Walrasian economics 37 Keynes and macroeconomics 40 Methodology and the history of economic thought 41 Conclusions 43 Notes 45 Bibliography 47 3 Bob Coats and the historicizing of economic policy 50 Why employ economists? 50 Ideas, policy, and events 51 Descending to the study of particulars 52 Case study I: Mercantilism: quasi-system, or policy acts and ideas with an empirical base? 52 Case study II: Economic expertise and the policy process 56 In addition to historicizing economic policy 59 Notes 60 Bibliography 60 4 Verve and versatility 62 Notes 69 Bibliography 70 5 Maurice Dobb, historical materialism, and economic thought 74 Introduction 74 Dobb’s economic history 75 The young Dobb 78 Dobb on Adam Smith 80 Dobb on Ricardo 82 Marx 85 The rise of marginalism 87 Dobb’s methodological perspective 88 The Marshall Lectures and theories of value and distribution since Adam Smith 91 Conclusion 92 Notes 93 Bibliography 99 6 The craft of William D.Grampp 104 Introduction 104 The 1960s and the call for a theory of economic policy 106 Grampp’s analysis of economic liberalism 107 Setting the record straight about the Manchester school 111 The role of the individual in steering Britain’s “turn” toward free trade 116 Grampp and the world of art 119 Final assessment 121 Notes 122 Bibliography 124 7 F.A.Hayek as an intellectual historian of economics 128 Introduction 128 Readings in the history of thought 129 Hayek’s readings of the history of economic thought 133 Conclusion 136 Notes 136 Bibliography 138 8 From Adam Smith to John Stuart Mill 140 Adam Smith 141 David Ricardo 144 Robert Malthus 155 John Stuart Mill 164 Conclusion 169 Notes 170 Bibliography 171 9 S.Todd Lowry and ancient Greek economic thought 174 Introduction 174 Methodological issues 174 Resource and environmental economics 176 Legal and contract theory 178 Ancient Greek economic thought 179 Xenophon 179 Plato 181 The Greek participative tradition 182 Aristotle 183 Avenues for future research and conclusion 186 Notes 187 Bibliography 188 10 Ronald Meek and the rehabilitation of surplus economics 192 Introduction 192 The economics of physiocracy 193 The Scottish Enlightenment 195 Marxism I: the Stalinist phase 197 Marxism II: the new left 202 Marxism III: the social democratic phase 205 Marx after Sraffa 209 Conclusion 212 Notes 214 Bibliography 216 11 Philip Mirowski as a historian of economic thought 220 Education and early projects 221 Histories of economics 222 More Heat Than Light 224 Two answers to “so what?” 226 Notes 231 Bibliography 231 12 Donald E.Moggridge as an historian of economic thought 234 Introduction: the editor as historian of economic thought 234 Point of entry: economic history 237 The constitution of The Collected Writings 238 Maynard Keynes as companion to The Collected Writings 241 Concluding remarks 246 Notes 246 Bibliography 247 13 D.P.O’Brien’s contribution to the history of economic analysis 250 The beginning 250 The first phase 251 McCulloch 251 Overstone 252 Industrial economics 254 The second phase 254 The Classical Economists 254 Methodology 255 Marshall 256 Authorship puzzles 256 Robbins 256 The third phase 257 Joplin 257 More monetary economics 258 Hayek 259 The nature and approach 259 Rational reconstruction 260 Publishing habits 260 Concluding comments 261 Notes 262 Bibliography 264 14 Joan Robinson’s economics 270 I 272 Value 273 Utility 275 Full employment as ideology 276 II 278 Tools to address time and uncertainty 278 Tools to measure capital and explain accumulation 279 Tools to analyse investment and the price level 280 III 281 IV 283 Notes 286 Bibliography 287 15 Henry William Spiegel 292 Biographical sketch 293 Spiegel’s work as historian of economic thought 295 Some historiographical issues 300 Spiegel as referee 302 Conclusion 304 Notes 304 Bibliography 305 16 Werner Stark and the sociology of knowledge approach to the history of economics 308 Introduction 308 Werner Stark, 1909–85 309 Sociology of knowledge as an approach to the history of economics 310 Fundamental forms of social thought 314 Stark as historian of economics 316 From historian to critic 319 Notes 322 Bibliography 323 17 Roy Weintraub’s contribution to the history of economics 326 Introduction 326 Sins of the father? 327 An economic theorist turns to history 328 On the history and methodology of general equilibrium analysis 329 Constructing knowledge 331 History of science and the separate disciplinary status of the history of economic thought 333 Stabilising Dynamics 334 Attacking lost causes 336 The obscured light 337 Notes 339 Bibliography 339 18 Donald Winch as intellectual historian 342 I 342 II 343 III 345 IV 348 Notes 352 Bibliography 354 Index 356 This Collection Summarizes The Work Of Key Historians Of Economics And Attempts To Quantify Their Impact. Some Of These Writers Such As Friedrich Hayek And Joan Robinson Are Already Assured Of Their Place Among The Greatest Economists Of The Twentieth Century, While The Collection Also Stresses The Influence Of Those Still Active In Shaping Our Perceptions - The Likes Of Mark Blaug, Samuel Hollander, And Donald Winch.--jacket. The Skills Of Freedom : The Liberal Education Of William J. Barber / Bradley W. Bateman -- Mark Blaug As A Historian Of Economic Thought / Roger E. Backhouse -- Bob Coats And The Historicizing Of Economic Policy / Neil De Marchi -- Verve And Versatility : Neil De Marchi And The Culture Of Economics / Margaret Schabas -- Maurice Dobb, Historical Materialism, And Economic Thought / Tony Atley And Bruce Mcfarlane -- The Craft Of William D. Grampp : Historian Of Economics / Kenneth E. Carpenter And Laurence S. Moss -- F.a. Hayek As An Intellectual Historian Of Economics / Peter J. Boettke --from Adam Smith To John Stuart Mill : Samuel Hollander And The Classical Economists / Jeffrey T. Young -- S. Todd Lowry And Ancient Greek Economic Thought : An Interpretation / Spencer J. Pack -- Ronald Meek And The Rehabilitation Of Surplus Economics / M.c. Howard And J.e. King -- Philip Mirowski As A Historian Of Economic Thought / S. Abu Turab Rizvi -- Donald E. Moggridge As An Historian Of Economic Thought / John B. Davis -- D.p. O'brien's Contribution To The History Of Economic Analysis / John Creedy -- Joan Robinson's Economics : Using The History Of Economic Thought As A Discovery Tool / Ingrid Rima -- Henry William Spiegel : Historian Of Economic Thought / Steven G. Medema And Warren J. Samuels -- Werner Stark And The Sociology Of Knowledge Approach To The History Of Economics / Charles M.a. Clark -- Roy Weintraub's Contribution To The History Of Economics / John Lodewijks -- Donald Winch As Intellectual Historian / Geoffrey Gilbert. Steven G. Medema And Warren J. Samuels. Includes Bibliographical References And Index. Annotation The history of economic thought has always attracted some of the brightest minds in the discipline. These chroniclers of development have helped form our current views, and it is no surprise that many among them have been at the forefront of new movements in the history of ideas. This notable collection summarizes the work of these key historians of economics and attempts to quantify their impact. Some of the writers covered, such as Friedrich Hayek and Joan Robinson, are already assured of their place among the greatest economists of the twentieth century, but the collection also stresses the influence of those still active in shaping our perceptions - including Mark Blaug, Samuel Hollander and Donald Winch. Written by an impressive roster of contributors, many of whom are themselves well-known in the history of economic thought, this key book features writings from John Creedy, Roger Blackhouse and Neil De Marchi, as well as the editors of the collection as a whole, Warren J. Samuels and Steven Medema