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The rhetoric of positivism had a profound effect on the worldview and practice of economists in the middle of the last century. Though this influence has greatly diminished, it still may be found in the attitude of many economists towards the history of their discipline. This paper traces the...
Persistent link: https://www.econbiz.de/10011592198
F. A. Hayek took two trips to Chile, the first in 1977, the second in 1981. The visits were controversial. On the first trip he met with Genera l Augusto Pinochet, who had led a coup that overthrew Salvador Allende in 1973. During his 1981 visit, Ha yek gave interviews that were published in the...
Persistent link: https://www.econbiz.de/10011592231
This draft chapter for the Elgar International Handbook on Teaching and Learning Economics is intended to give advice to instructors who might be teaching a history of economic thought course to undergraduates for the first time or who have perhaps been teaching for a while but would like to...
Persistent link: https://www.econbiz.de/10011613795
This essay gives an overview of a set of selected articles published between 2016 and 2017 in the major journals that cover the history of economic thought. In surveying the literature, we focus on three major aspects - the scope, the sources, and the methods - with reference to which we discuss...
Persistent link: https://www.econbiz.de/10011846669
Simon Kuznets was born and educated in Russia and the Soviet Ukraine. He completed his economic education and adopted his research methodology in the United States where Wesley Mitchell was a major influence during his early career. Though scarred by the trauma of displacement, eviction, and...
Persistent link: https://www.econbiz.de/10012544383
In this review essay of Medema's and Waterman's collection of some of Samuelson's writings in the history of economics, the author argues that Samuelson's claim to have written “Whig History” is spurious. Moreover the author argues that Samuelson's own writings on modern economics are,...
Persistent link: https://www.econbiz.de/10012970702
This draft chapter for the Elgar International Handbook on Teaching and Learning Economics is intended to give advice to instructors who might be teaching a history of economic thought course to undergraduates for the first time or who have perhaps been teaching for a while but would like to...
Persistent link: https://www.econbiz.de/10012857444
From its flow tide, fueled by the Cold War, to its ebbing with the anti-growth movement and the economic crises of the early 1970s, the "growthmen" of MIT stood at the center of the dominant field in macroeconomics. The history of MIT growth economics is traced from Solow's seminal neoclassical...
Persistent link: https://www.econbiz.de/10011592202
MIT emerged from "nowhere" in the 1930s to its place as one of the three or four most important sites for economic research by the mid-1950s. A conference held at Duke University in April 2013 examined how this occurred. In this paper the author argues that the immediate postwar period saw a...
Persistent link: https://www.econbiz.de/10011592203
Before becoming the hallmark of macroeconomics à la Wynne Godley, the 'stock-flow' analysis was already developed in microeconomics and general equilibrium theory. Basically, the goal was to study the formation of economic plans and the determination of market prices when individuals were...
Persistent link: https://www.econbiz.de/10011592250