Description
Book SynopsisThe 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
Trade Review"As a guide to the intellectual origins of many hotly debated current and proposed economic policies, The Academic Scribblers is an outstanding success."--J. Bernard Burnham, National Review "Even to try to survey so much is commendable and the authors have done more. They take the reader through the ideas of the twelve in a way that shows that they are competent theorists themselves."--William D. Grampp, The American Political Science Review "[The Academic Scribblers] is a compact, lucid survey of the ideas of an even dozen British and American economists... A splendid book. It should be read by every undergraduate student of economics."--William H. Miernyk, Social Science Quarterly
Table of ContentsForewordPreface to the First EditionPreface to the Second EditionCh. 1Introduction1Pt. 1The Pillars of Neoclassical EconomicsCh. 2The Intellectual Gantry of Neoclassical Economic Policy7Ch. 3Alfred Marshall - Exemplar of Neoclassical Economic Thought19Pt. 2The Eclipse of Neoclassical EconomicsCh. 4Thorstein Veblen - The Abrogation of Consumer Sovereignty31Ch. 5Arthur Cecil Pigou - Externalities in Production43Ch. 6Edward Hastings Chamberlin - The Wastes of Competition53Ch. 7John Maynard Keynes - Unemployment in Equilibrium65Pt. 3The New EconomicsCh. 8Alvin H. Hansen - The American Keynes81Ch. 9Paul A. Samuelson - From Economic Wunderkind to Policymaker107Ch. 10Abba P. Lerner - The Artist as Economist137Ch. 11John Kenneth Galbraith - Economist as Social Critic161Pt. 4The New NeoclassicismCh. 12Frank H. Knight - Philosopher of the Counterrevolution in Economics193Ch. 13Henry C. Simons - Radical Proponent of Laissez-faire207Ch. 14Milton Friedman - Classical Liberal as Economic Scientist223Ch. 15Conclusion263Afterword: The Academic Scribblers after Twenty-Five Years267Index275
