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Be it on topics of property, contract, commerce, trade, tax, legal history, or other matters, jurisprudence in the United States often invokes economic thinking in providing a rationale for legal outcomes. Consequently, I wondered how often the appeal to economic thinking in the courts included...
Persistent link: https://www.econbiz.de/10014192345
This paper conjectures that economics has changed profoundly since the 1970s and that these changes involve a new understanding of the relationship between theoretical and applied work. Drawing on an analysis of John Bates Clark medal winners, it is suggested that the discipline became more...
Persistent link: https://www.econbiz.de/10011617408
In this paper, I suggest that the history of the classification used by the American Economic Association to list economic literature and scholars is a relevant proxy to understand the transformation of economics science throughout the 20th century. Successive classifications were fashioned...
Persistent link: https://www.econbiz.de/10012972388
Persistent link: https://www.econbiz.de/10012431803
In the second edition of his methodological Essay, Lionel Robbins attributes a significant role to uncertainty, dynamics and the time element. Understanding the motives that led to these revisions may offer important clues to assess what happened to political economy ever since, and how far...
Persistent link: https://www.econbiz.de/10012917194
In the paper, Edwin B. Wilson's influence on the rise of mathematical economics in America between the 1920s and 1940s is explored. The focus is laid on showing how on the grounds of his foundational ideas about science Wilson worked at the organizational and educational fronts to modernize...
Persistent link: https://www.econbiz.de/10011759996
This paper is an exploration of the genesis of Paul Samuelson's Foundations of Economic Analysis (1947) from the perspective of his commitment to Edwin B. Wilson's mathematics. The paper sheds new lights on Samuelson's Foundations at two levels. First, Wilson's foundational ideas, embodied in...
Persistent link: https://www.econbiz.de/10011760010
This paper is an exploration of the genesis of Paul Samuelson's Foundations of Economic Analysis (1947) from the perspective of his commitment to Edwin B. Wilson's mathematics. The paper sheds new lights on Samuelson's Foundations at two levels. First, Wilson's foundational ideas, embodied in...
Persistent link: https://www.econbiz.de/10012932192
This paper extends various arguments in the recent historical literature on Soviet mathematical economics during the Cold War. It will examine some of the tensions associated with the attempt to blend Walrasian economics and Soviet planning. The main argument is that the two literatures crossed...
Persistent link: https://www.econbiz.de/10013004769
Economics today is a model building and testing science. But scientific economics was not always understood in terms of models. Economics first emerged as a separate field of scientific study in post-bellum America. The laissez-faire orientation of early American moral philosophy gave way to...
Persistent link: https://www.econbiz.de/10013044442