"From the author of Keynes Hayek, the next great duel in the history of economics. In 1966 two columnists joined Newsweek magazine. Their assignment: debate the world of business and economics. Paul Samuelson was a towering figure in Keynesian economics, which supported the management of the...

Our main contention is that two different re-conceptualizations of liberal democracy took place among Chicago economists in the postwar period. The first emerged out of Frank H. Knight's ruminations in the 1930s on the failures of liberalism. By the 1940s, Knight devoted most of his attention to...

Chapter 1. General Introduction: Why Should We Study the History of Economic Theory? -- Chapter 2. Introduction -- Chapter 3. Economics in Cambridge: Alfred Marshall, the Old Cambridge School, and Their Opponents in England -- Chapter 4. Economics in Lausanne: Vilfredo Pareto and the Lausanne...