The Academic Scribblers

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Overview

The Academic Scribblers offers a thoughtful and highly literate summary of modern economic thought. It presents the story of economics through the lives of twelve major modern economists, beginning with Alfred Marshall and concluding with Paul Samuelson and Milton Friedman. In a very real sense, this book picks up where Robert Heilbroner's classic The Wordly Philosophers leaves off. Whereas Heilbroner begins with Smith and ends with Joseph Schumpeter, Breit and Ransom bring the story of modern American and ...
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More About This Book

Overview

The Academic Scribblers offers a thoughtful and highly literate summary of modern economic thought. It presents the story of economics through the lives of twelve major modern economists, beginning with Alfred Marshall and concluding with Paul Samuelson and Milton Friedman. In a very real sense, this book picks up where Robert Heilbroner's classic The Wordly Philosophers leaves off. Whereas Heilbroner begins with Smith and ends with Joseph Schumpeter, Breit and Ransom bring the story of modern American and British economic theory up to the 1980s.
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Product Details

  • ISBN-13: 9780691059860
  • Publisher: Princeton University Press
  • Publication date: 9/14/1998
  • Edition description: 3RD
  • Edition number: 3
  • Pages: 288
  • Product dimensions: 6.25 (w) x 9.15 (h) x 0.77 (d)

Table of Contents

Foreword
Preface to the First Edition
Preface to the Second Edition
Ch. 1 Introduction 1
Pt. 1 The Pillars of Neoclassical Economics
Ch. 2 The Intellectual Gantry of Neoclassical Economic Policy 7
Ch. 3 Alfred Marshall - Exemplar of Neoclassical Economic Thought 19
Pt. 2 The Eclipse of Neoclassical Economics
Ch. 4 Thorstein Veblen - The Abrogation of Consumer Sovereignty 31
Ch. 5 Arthur Cecil Pigou - Externalities in Production 43
Ch. 6 Edward Hastings Chamberlin - The Wastes of Competition 53
Ch. 7 John Maynard Keynes - Unemployment in Equilibrium 65
Pt. 3 The New Economics
Ch. 8 Alvin H. Hansen - The American Keynes 81
Ch. 9 Paul A. Samuelson - From Economic Wunderkind to Policymaker 107
Ch. 10 Abba P. Lerner - The Artist as Economist 137
Ch. 11 John Kenneth Galbraith - Economist as Social Critic 161
Pt. 4 The New Neoclassicism
Ch. 12 Frank H. Knight - Philosopher of the Counterrevolution in Economics 193
Ch. 13 Henry C. Simons - Radical Proponent of Laissez-faire 207
Ch. 14 Milton Friedman - Classical Liberal as Economic Scientist 223
Ch. 15 Conclusion 263
Afterword: The Academic Scribblers after Twenty-Five Years 267
Index 275
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