Showing 1 - 10 of 46
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/10011707985
In many sciences - physical, but also biology, neuroscience, and other life sciences - one object of reductionism is to purge intentionality from the fundamental basis of both explanations and the explanatory target. The scientifically relevant level - ontologically and epistemologically - is...
Persistent link: https://www.econbiz.de/10011706671
Founded fifty years ago, the History of Economics Society served in its early years to support scholarship and teaching in the history of economic thought. But the decades long removal of history from economics departments and graduate programs has made the Society’s mission increasingly...
Persistent link: https://www.econbiz.de/10014474701
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/10011603570
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 , whether...
Persistent link: https://www.econbiz.de/10011600526
Over the past twenty-five years the Duke history of economics faculty, together with the collection development librarians in the David M. Rubenstein Rare Book and Manuscript Library, have been gathering the papers of notable (mostly) twentieth century economists in what is now called The...
Persistent link: https://www.econbiz.de/10011617485
This paper discusses a longstanding debate between two empirical approaches to macroeconomics: the econometrics program represented by Lawrence R. Klein, and the statistical economics program represented by Milton Friedman. I argue that the differences between these two approaches do not consist...
Persistent link: https://www.econbiz.de/10011609690
F.A Hayek is one of the most important and influential advocates of liberalism in the 20th century. His theory is famously based on the concept of spontaneous order, an order emerging from the interaction of individuals without central control and appears critical of every form of...
Persistent link: https://www.econbiz.de/10012515205
Robert Lucas’ 1972 article on the neutrality of money represented the first effective challenge to Samuelson’s neoclassical synthesis methodological separation between static microeconomic optimization and macroeconomic dynamics. Lucas rejected disequilibrium price dynamics, as expressed by...
Persistent link: https://www.econbiz.de/10012622345