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Perspectives on the History of Economic Thought: Method, Competition, Conflict and Measurement in the Twentieth Century

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This important book features original and interesting new work by an internationally acclaimed group of authors on the history and development of economic thought. A range of important issues in twentieth century economics is addressed including the current state of methodological investigation, early modes of conflict and Wicksell's concept of capital. The economics of the inter-war period are examined as they pertain to Dutch Marxism, mainstream theories of uncertainty and the origin of the theory of imperfect ...
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Overview

This important book features original and interesting new work by an internationally acclaimed group of authors on the history and development of economic thought. A range of important issues in twentieth century economics is addressed including the current state of methodological investigation, early modes of conflict and Wicksell's concept of capital. The economics of the inter-war period are examined as they pertain to Dutch Marxism, mainstream theories of uncertainty and the origin of the theory of imperfect competition. A series of papers on Keynes includes perspectives on issues ranging from his philosophical thinking to the relationship between his ideas on the limits of measurement and uncertainty. The final section explores the measurement of economic constructs both as a practical problem in the development of national income accounts after the Second World War, and as a theoretical issue in the work of Farrell and Leibenstein. Featuring important contributions from the 19th annual meeting of the History of Economics society, this book will be welcomed because it makes available to a wider audience a series of important contributions on the history of intellectual and economic thought.
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Product Details

Table of Contents

Contributors
Acknowledgement
Ideas and themes in twentieth-century economic thought
1 Unity of theory: the role for theoretical maps 3
2 Popper, Lakatos and economics: are we begging the questions? 19
3 An exercise in theory evaluation: should rival theories of money and credit continue to survive? 32
4 At the origin of imperfect competition: different views? 63
5 Early mathematical theories of conflict: the contributions of Lanchester and Richardson 79
6 The evolution of Wicksell's concept of capital 90
7 From Marxism towards neoclassicism: on the decline of Dutch Marxist political economy in the inter-war period 107
8 Mainstream economics and uncertainty in the inter-war period 126
9 The locus of Keynes's philosophical thinking in The General Theory: the concept of convention 157
10 Two perspectives on Keynes in The General Theory and after 179
11 Keynes on mensuration and comparison 204
12 How the 'G' got into the GNP 241
13 Farrell, data envelopment analysis and Leibenstein on efficiency measurement 256
Name index 267
Subject index 271
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