Secret Origins of Modern Microeconomics

Secret Origins of Modern Microeconomics

Author: Robert Burton Ekelund

Publisher: University of Chicago Press

Published: 1999-03-15

Total Pages: 494

ISBN-13: 9780226199993

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Using documents previously unavailable in English, the authors present a cohesive and original picture of French economic thought that solidly documents the contributions of Dupuit and his colleagues. Ekelund and Hebert build their argument by focusing on the development of economic theory in the peculiar milieu of postrevolutionary France in an attempt to identify the essence of the French contribution and the extent to which the French legacy benefited other economists of international acclaim. They conclude that the kinds of issues in economic theory and policy that Dupuit and his colleagues found arresting and worthy of analysis in the nineteenth century are still pertinent today and will continue to interest economists into the twenty-first century. This seminal work will be of great importance to historians of economics and all economists interested in the foundations of modern microeconomics.


The Encyclopedia of Public Choice

The Encyclopedia of Public Choice

Author: Charles Rowley

Publisher: Springer Science & Business Media

Published: 2008-01-25

Total Pages: 1142

ISBN-13: 0306478285

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The Encyclopedia provides a detailed and comprehensive account of the subject known as public choice. However, the title would not convey suf- ciently the breadth of the Encyclopedia’s contents which can be summarized better as the fruitful interchange of economics, political science and moral philosophy on the basis of an image of man as a purposive and responsible actor who pursues his own objectives as efficiently as possible. This fruitful interchange between the fields outlined above existed during the late eighteenth century during the brief period of the Scottish Enlightenment when such great scholars as David Hume, Adam Ferguson and Adam Smith contributed to all these fields, and more. However, as intell- tual specialization gradually replaced broad-based scholarship from the m- nineteenth century onwards, it became increasingly rare to find a scholar making major contributions to more than one. Once Alfred Marshall defined economics in neoclassical terms, as a n- row positive discipline, the link between economics, political science and moral philosophy was all but severed and economists redefined their role into that of ‘the humble dentist’ providing technical economic information as inputs to improve the performance of impartial, benevolent and omniscient governments in their attempts to promote the public interest. This indeed was the dominant view within an economics profession that had become besotted by the economics of John Maynard Keynes and Paul Samuelson immediately following the end of the Second World War.


F.A. Hayek as a Political Economist

F.A. Hayek as a Political Economist

Author: Thierry Aimar

Publisher: Routledge

Published: 2013-02-01

Total Pages: 258

ISBN-13: 113469461X

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Whilst some of Hayek's contributions to economics are purely analytical, others are inspired by a broader vision that could be characterized as political economy. In this authorative volume, some of the world's leading Hayek scholars examine the link between these two essential components of Hayek's thought, and consider them against a wider background of thought in the Austrian tradition.


A History of Economic Theory and Method

A History of Economic Theory and Method

Author: Robert B. Ekelund, Jr.

Publisher: Waveland Press

Published: 2013-08-30

Total Pages: 753

ISBN-13: 1478611065

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Known for its clarity, comprehensiveness, and balance, the latest edition of A History of Economic Theory and Method continues that tradition of excellence. Ekelund and Hébert’s survey provides historical and international contexts for how economic models have served social needs throughout the centuries—beginning with the ancient Greeks through the present time. The authors not only trace ideas that have persisted but skillfully demonstrate that past, discredited ideas also have a way of spawning critical thinking and encouraging new directions in economic analysis. Coverage that distinguishes the Sixth Edition from its predecessors includes a detailed analysis of economic solutions by John Stuart Mill and Edwin Chadwick to problems raised by the Industrial Revolution; the role of psychology and “experiments” in understanding demand and consumer behavior; discussions of modern economic theory as it interrelates with other social sciences; and a close look at the historical development of the critical role of entrepreneurship, both in its productive and unproductive variants. The authors’ creative approach gives readers a feel for the thought processes of the great minds in economics and underscores key ideas impacting contemporary thought and practice. Well-crafted discussions are further enriched by absorbing examples and figures. Thorough suggested reading lists give options for more in-depth explorations by interested readers.


Handbook on the History of Economic Analysis Volume III

Handbook on the History of Economic Analysis Volume III

Author: Gilbert Faccarello

Publisher: Edward Elgar Publishing

Published: 2016-07-27

Total Pages: 660

ISBN-13: 1785365061

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This unique troika of Handbooks provides indispensable coverage of the history of economic analysis. Edited by two of the foremost academics in the field, the volumes gather together insightful and original contributions from scholars across the world. The encyclopaedic breadth and scope of the original entries will make these Handbooks an invaluable source of knowledge for all serious students and scholars of the history of economic thought.


Vital Minimum

Vital Minimum

Author: Dana Simmons

Publisher: University of Chicago Press

Published: 2015-07-13

Total Pages: 250

ISBN-13: 022625156X

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How much food, air, space, water, and various consumer goods are necessary to sustain productive life? "Vital Minimum: Life and Need in Modern France "is an ambitious history of attempts to define and quantify what we need, at bare minimum, to live and work. It uncovers the profound influence of science on modern France s reproduction of labor and the social order. Agronomists, chemists, anthropologists, economists, sociologists, and amateur data gatherers all believed that social organization, and particularly the circulation of goods, should be actively directed according to scientific principles, which they attempted to articulate by grounding a study of human needs on quantifiable foundations. Science, they all held, would mitigate market exchange. Ultimately the science of need formed the core of social policy, coming to fruition after World War II with the welfare state. Dana Simmons shows howeven though it could not establish a satisfactory and stable measure of needs to shore up enduring legislationa science of welfare preceded and undergirded the modern welfare state."


A History of Entrepreneurship

A History of Entrepreneurship

Author: Robert F Hébert

Publisher: Routledge

Published: 2009-05-18

Total Pages: 142

ISBN-13: 1135969523

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In this book, a chronological history of entrepreneurship is presented and analysed by examining the treatment of the subject throughout the history of economic thought, illustrating the tension that often exists between theory and practice.


A History of Economic Thought in France

A History of Economic Thought in France

Author: Gilbert Faccarello

Publisher: Taylor & Francis

Published: 2023-10-02

Total Pages: 438

ISBN-13: 0429511027

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Traditionally, there has been a long and sustained interest in studying the history of economic ideas in France. Interest appeared to wane after World War II, but in recent decades, there has been a marked renaissance of interest and research in the contributions of French-speaking authors. Drawing on the flow of recent research, this book presents a new assessment of the history of political economy in France incorporating both novel presentations of some traditional subjects and topics that are not usually studied. This second volume analyses the evolution of political economy during the long nineteenth century, combining an assessment of both liberals and their opponents. Its first part covers the most outstanding contributions to political economy in the age of industry, from the founding fathers (L.-C.-C. Destutt de Tracy and J. –B. Say) until the pre-World War I period, including that of A.-A. Cournot, J. Dupuit, the French liberal economists, and L. Walras. The volume then outlines the critiques of liberal political economy, focusing on the analyses of J.-C.L.S. de Sismondi, C.-H. de Saint-Simon and his followers, and the successive generations of socialist and associationist authors, not forgetting the sociological critique. A substantial postlude concludes the volume with a survey of recent developments of French economic thought up to the present day. A History of Economic Thought in France will be invaluable reading for advanced students and researchers of the history of economic thought, political economy, intellectual history and French history.


Moral Discourse in the History of Economic Thought

Moral Discourse in the History of Economic Thought

Author: Laurent Dobuzinskis

Publisher: Routledge

Published: 2022-06-23

Total Pages: 317

ISBN-13: 1000606465

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Providing an account of the development of economic thought, this book explores the extent to which economic ideas are rooted in moral values. Adopting an approach rooted in ‘pragmatism’, the work explores key questions which have been considered by economists since the classical political economists. These include: what degree of priority ought to be granted to property rights among all individual liberties; whether uncertainties in economic life justify investing political authorities with the power to stabilize business cycles; whether it is better to trust entrepreneurial initiatives to resolve societal dilemmas or to centralize policy-making in the hands of a benevolent government. The chapters argue that economic thought has evolved from an emphasis on "sympathy" (as defined by Adam Smith) and that there has more recently been a rediscovery of the significance of sympathy reinvented as "fair reciprocity" in the wake of the emergence of behavioural economics and its connection to evolutionary psychology. This key book is of great interest to readers in the history of ideas, political and moral philosophy, and political economy.


Studies in the History of Public Economics

Studies in the History of Public Economics

Author: Gilbert Faccarello

Publisher: Routledge

Published: 2014-06-17

Total Pages: 588

ISBN-13: 1317978072

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Many important economic and political debates today refer to the nature and the role of the State: should governments intervene in the economy and interfere with the operation of markets? In which occasions, and how? In order to better understand these questions and the controversies they have raised, this book re-considers the debates crucial for the issues at stake, the most important schools of thought, and the central concepts in an historical perspective. After a tribute to Sir Alan Peacock and the first publication of two hitherto unpublished papers written in the 1950s, the chapters focus on important developments that occurred in Europe during the 19th and early 20th centuries. The final part includes contributions on public economics after World War II, focusing on concepts such as merit goods, externalities and the “Coase theorem”. This book was originally published as a special issue of The European Journal of the History of Economic Thought.