A Companion to the History of Economic Thought / Edition 1

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Assembling contributions from top thinkers in the field, this Companion offers a comprehensive and sophisticated exploration of the history of economic thought. The volume has a threefold focus: the history of economic thought, the history of economics as a discipline, and the historiography of economic thought. The essays in the first part focus on the history of economic ideas, with topics ranging from ancient, medieval, and Islamic thought, to Marxian, Utopian, and postwar thought. The second part explores important historiographical topics, including the sociology of economics, methodology, exegesis, and textuality. Each essay serves as a complex introduction to the chosen topic, and gathered together they provide an extensive synthesis of the field as a whole. The volume is an essential resource for anyone researching or studying the history of economic thought, and will also serve as an excellent text for courses in this area.
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Editorial Reviews

From the Publisher
“With the range, depth, and clarity of the contributions, this exceptional volume provides the reader with the best modern historical thinking on the development of economics from antiquity to the present. It should be on every economist’s bookshelf.” E. Roy Weintraub, Duke University

“This collection covers an extraordinary range of key topics in the history of economic thought and historiography. While space is at a high premium in such collective endeavors, the editors have allowed contributors ample scope to make meaningful surveys. The collection as a whole provides a splendid teaching and research resource.” Samuel Hollander, Ben–Gurion University

"What a wonderful companion; I will keep it on my shelf and refer to it often. It's an excellent set of brief summaries of the current state of the art in the history of thought, from ancient times until today." David Colander, Middlebury College

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Product Details

  • ISBN-13: 9781405134590
  • Publisher: Wiley, John & Sons, Incorporated
  • Publication date: 12/28/2006
  • Series: Blackwell Companions to Contemporary Economics Series , #8
  • Edition description: REV
  • Edition number: 1
  • Pages: 736
  • Sales rank: 1,190,445
  • Product dimensions: 6.80 (w) x 9.74 (h) x 1.50 (d)

Meet the Author

Warren J. Samuels is Professor Emeritus, and former Director of Graduate Programs for the Economics Department at Michigan State University. He is former President of the History of Economics Society and former President of the Association for Social Economics. In 1997 he was made Distinguished Fellow, History of Economics Society. Professor Samuels was Editor of the Journal of Economic Issues and is presently Co-editor of the Journal of Income Distribution. He has been on the Editorial Boards of 16 journals, has written or edited over 40 books, and is widely published in top journals.

Jeff E. Biddle is Professor of Economics at Michigan State University. He is widely published in the field of history of economic thought in such journals as The History of Political Economy, Journal of Labor Economics, and American Economic Review.

John B. Davis is Professor of Economics at Marquette University, and is former President of the History of Economics Society. Professor Davis specializes in history of economic thought and is renowned for his work on John Maynard Keynes. Recently he was a visiting fellow at Clare Hall, Cambridge, UK where he conducted research on Keynes' unpublished manuscripts. Davis is Editor of the Review of Social Economy and his research has been published in The Economic Journal, Cambridge Journal of Economics, Journal of Post-Keynesian Economics, and The History of Political Economics.

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Table of Contents

List of Figures     ix
List of Tables     x
List of Contributors     xi
Preface     xv
Research Styles in the History of Economic Thought   Jeff E. Biddle     1
Historical Surveys
Ancient and Medieval Economics   S. Todd Lowry     11
Contributions of Medieval Muslim Scholars to the History of Economics and their Impact: A Refutation of the Schumpeterian Great Gap   Hamid S. Hosseini     28
Mercantilism   Lars G. Magnusson     46
Physiocracy and French Pre-Classical Political Economy   Philippe Steiner     61
Pre-Classical Economics in Britain   Anthony Brewer     78
Adam Smith (1723-1790): Theories of Political Economy   Andrew S. Skinner     94
Classical Economics   Denis P. O'Brien     112
Post-Ricardian British Economics, 1830-1870   Sandra J. Peart   David M. Levy     130
Karl Marx: His Work and the Major Changes in its Interpretation   Geert Reuten     148
The Surplus Interpretation of the Classical Economists   Heinz D. Kurz     167
Non-Marxian Socialism   J. E. King     184
Utopian Economics   Warren J. Samuels     201
Historical Schools of Economics: German and English   Keith Tribe     215
American Economics to 1900   William J. Barber     231
English Marginalism: Jevons, Marshall, and Pigou   Peter Groenewegen     246
The Austrian Marginalists: Menger, Bohm-Bawerk, and Wieser   Steven Horwitz     252
Early General Equilibrium Economics: Walras, Pareto, and Cassel   Donald A. Walker     278
The "First" Imperfect Competition Revolution   Maria Cristina Marcuzzo     294
The Stabilization of Price Theory, 1920-1955   Roger E. Backhouse     308
Interwar Monetary and Business Cycle Theory; Macroeconomics before Keynes   Robert W. Dimand     325
Keynes and the Cambridge School   G. C. Harcourt   Prue Kerr     343
American Institutional Economics in the Interwar Period   Malcolm Rutherford     360
Postwar Neoclassical Microeconomics   S. Abu Turab Rizvi     377
The Formalist Revolution of the 1950s   Mark Blaug     395
A History of Postwar Monetary Economics and Macroeconomics   Kevin D. Hoover     411
The Economic Role of Government in the History of Economic Thought   Steven G. Medema      428
Postwar Heterodox Economics     445
The Austrian School of Economics: 1950-2000   Peter J. Boettke   Peter T. Leeson     445
Feminist Economics   Janet A. Seiz     454
Institutional Economics   Geoffrey M. Hodgson     462
Post Keynesian Economics   Sheila C. Dow     471
Radical Political Economy   Bruce Pietrykowski     479
Historiography   Matthias Klaes     491
The Sociology of Economics and Scientific Knowledge, and the History of Economic Thought   A. W. Bob Coats     507
Exegesis, Hermeneutics, and Interpretation   Ross B. Emmett     523
Textuality and the History of Economics: Intention and Meaning   Vivienne Brown     538
Mathematical Modeling as an Exegetical Tool: Rational Reconstruction   A. M. C. Waterman     553
Economic Methodology since Kuhn   John B. Davis     571
Biography and the History of Economics   D. E. Moggridge     588
Economics and Economists in the Policy Process   Craufurd D. W. Goodwin     606
The International Diffusion of Economic Thought   Jose Luis Cardoso     622
The History of Ideas and Economics    Mark Perlman     634
Research in the History of Economic Thought as a Vehicle for the Defense and Criticism of Orthodox Economics   John Lodewijks     655
Name Index     669
Subject Index     688
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