Search results for ""Author Warren J. Samuels""

Most of the existing literature on European history of economic thought concentrates on the major works of leading figures such as von Bohm-Bawerk, Menger, Pareto, Walras, Weber and Wicksell. These economists exerted enormous influences on the development of economics, despite their differing theories and approaches. Yet, there were many other economists whose contribution to the field has not been described in existing literature. This book resurrects these forgotten economists and presents 17 specially commissioned essays on their lives and contributions to economics. As such this book presents a fuller picture of the development of economics in Europe during the late 19th and early 20th century.The authors examine the economists' original ideas, and discuss how their work contributed to the development of economic thought. In addition the contributors look at the spread of ideas, of their acceptance or rejection, which can be explained partly by physical and linguistic or national isolation. They also consider influences on economic thought both between and within countries, and of other disciplines on economics; and as a consequence a sense of national identity in the practice of economics is developed. Finally, the authors present ideas on the path-dependent process of the development of economics and of the alternative paths that were around at the time, as well as on the origins of econometrics and differing attitudes towards statistical and mathematical approaches.This long-overdue addition to the literature will be welcomed by historians of economic thought, those studying the lives of economists as well as those interested in the philosophy and evolution of economics.

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Features articles on classical and modern economic thought. This title includes review essays on books about historical figures in economics (Schumpeter, Keynes, Mincer) and the historical treatment of particular movements or issues in the discipline (Chicago School, comparative economic history, economic growth, postmodernism, and ethics).

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Volume 26B continues, in part, the important graduate career of F. Taylor Ostrander, notable the year spent at Oxford University. Among his tutors and professors were some of the leading faculty at Oxford. The volume also contains two documents important for the history of Institutional Economics, John R. Commons' "Reasonable Value", his first effort leading to his Institutional Economics; and notes from Clarence E. Ayres' final course taught on institutional economics, at the University of Texas.

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American Economists of the Late Twentieth Century is a collection of essays on the work of 22 contemporary US economists. The essays summarize, place in perspective and appraise the work of a diverse array of accomplished scholars whose writings respresent the best, the most promising and the most innovative in the US. The economists whose work is discussed include Samuel Bowles and Herbert Gintis, Paul Davidson, Nancy Folbre, Robert H. Frank, Robert Heilbroner, David Kahneman and Amos Tversky, Paul Krugman, William Lazonick, Gregg Lewis, Richard R. Nelson and Sidney G. Winter, Mancur Olson, Nathan Rosenberg, Thomas Schelling, Vernon Smith, Robert A. Solo, Joseph Stiglitz, Richard Thaler, Lester Thurow and Oliver E. Williamson. The emphasis of the collection is on both the quality and diversity of the work - of different ways of doing economics as it is presently practised.Warren J. Samuels has brought together a series of original essays written by economists who are distinguished in their own right. Historians of economic thought, methodologists, general economists and specialists in the fields represented by the subjects will welcome American Economists of the Late Twentieth Century as a significant contribution to our understanding of contemporary American economic scholarship.

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This coherent collection of previously published and unpublished papers also includes a specially written introduction by Warren Samuels. The book examines some of the fundamental issues in political economy in a non-judgemental and non-ideological way. The political economy is a process of decision making and these papers attempt to identify the deepest levels of conduct of collective choice. These include official and private government, the 'rule of law', the nature of property, rules and markets, deliberative and non-deliberative choice, and the operation of selective perception and of intellectual fraud in politics. After an objective reading of these essays, no reader should look at government, globalization, rule of law, constitutions, and revolution in quite the same way.

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Warren Samuels's second and concluding selection of essays focuses on early 20th century economists who, while relatively well-known in their times, have tended to be obscured by the more prominent stars of the discipline. It illustrates that economics is more diverse and complex than conventional histories of economic thought tend to identify. In particular it includes contributions on those economists who were not in the mainstream, or, if in the mainstream, practised economics in a somewhat alternative manner. Warren Samuels has assembled a collection of essays on thirteen economists - six German and seven Italian - who remain noteworthy of study to this day. The economists featured in the volume represent a variety of ways of practising economics - theoretical, methodological and policy-orientated - who all contributed to the understanding of economic processes and institutions at the deepest levels.European Economists of the Early 20th Century will appeal to all those with an interest in the philosophy and evolution of economics and to historians of economic thought.

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The archival collection has two parts. The first presents correspondence between the American economist, Alfred S. Eichner, and the English economist, Joan Robinson, and related documents. The correspondents were major contributors to Post Keynesian economics in terms of both ideas and creating self-consciousness. The second presents hitherto unpublished correspondence and documents pertaining to the nature, rise and limits of quantitative methodology in economics. The materials are from Wesley C. Mitchell, Henry Schultz, and Arthur F. Burns. They examine many issues that remain in contention today.

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This work contains seven documents from the history of economics: Four sets of lecture notes taken by Victor E. Smith, two from courses given by William Jaffe at Northwestern University, on general equilibrium theory and on Keynes, from 1938-39, and one from lectures given at the University of Cambridge during 1954-55. It includes two documents from the history of Institutional Economics, one the 1974 Editor's Report on the "Journal of Economic Issues" - on the conflicts then rampant - and the other, an exposition of the past and future of Institutional Economics, both by Warren J. Samuels. It also includes a set of autobiographical notes by the Wisconsin institutionalist, Martin G. Glaeser, and a bibliography of the writings of F.Y. Edgeworth by Alberto Baccini.

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This annual volume includes papers on: Edwin Cannan, economic theory and the history of economic thought; Gardiner C. Means, the relation of his administered price hypothesis to neoclassical price theory; Alfred Marshall's approach to economics differed from later neoclassical economics; and notes taken by Victor E. Smith from lectures by William Jaffe on Alfred Marshall. Review essays on a variety of topics is included: the quantity theory of money; the Ricardian epistemological tradition; the history of corporate finance; economics and anthropology; Joseph A. Schumpter; economic dynamics; economics and ethics; the history of time series analysis in economics; and Alfred Marshall's correspondence.

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This supplement is part of a series which offers contemporary work and research in the areas of methodology and the history of economic thought.

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Volume 27C of "Research in the History of Economic Thought and Methodology" consists of documents from Glenn Johnson and F. Taylor Ostrander. Part I includes: notes from lectures by James E. Meade on the linking of monetary theory with the pure theory of value (Oxford University, 1932-1933); notes from the Socialist Club at the Cafe Verique in Geneva (Summer 1931); correspondence between Frank H. Knight and F. Taylor Ostrander; index to the Treasury Department papers of F. Taylor Ostrander; and notes on the long and wide-ranging career of F. Taylor Ostrander. Part II presents Glenn Johnson's notes from courses at the University of Chicago (1946); notes from Lloyd Mints' course on money and banking, economics 330 (Fall 1946); incomplete course notes from Milton Friedman's price theory, economics 300B, University of Chicago (Spring 1947); and notes from seminars by John R. Hicks and Tjalling Koopmans, University of Chicago (October 1946).

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This stimulating and authoritative book features original essays from leading scholars in the discipline - each of whom addresses the question: how should economists do economics? What emerges is a diverse, constructive commentary on how economics is done and how it should be done.Leading thinkers from a wide variety of perspectives and fields address issues such as the scope of economics, the corpus of theory and its stature, the process of theory construction, the place of mathematical formalism, the role of quantitative analysis, the place of institutions in economic analysis, and, inter alia, technical methods of research. Foundations of Research in Economics: How do Economists do Economics? brings together some of the leading figures from many different schools of thought. This volume ranges across all aspects of professional discourse, ensuring that it will be widely read by economists active in many different areas of research while being of particular interest to economic theorists, methodologists and historians of economics.

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This volume is the 15th in a series which collects together research in the history of economic thought and methodology. It considers issues such as why historians should examine the history of economic thought, whether it is 'history' or 'economics', and whether it is progressive or cyclical.

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This volume publishes notes from Martin Bronfenbrenner's course in the Distribution of Income as taken by Warren J. Samuels at the University of Wisconsin in 1954. Bronfenbrenner, who received his PhD from the University of Chicago in 1939, was an unusually prolific author with wide ranging interests. 'The New Palgrave' entry on Bronfenbrenner notes that he was probably unique in holding simultaneous membership in both the Mt Pelerin Society and the Union of Radical Political Economists. Bronfenbrenner's work on income distribution is particularly important as it modified neoclassical theory to be able to address questions raised by both classical and neo-Marxian analysis. He described his own work as being 'summed up in the proposition that the distribution of income and wealth is an important factor in judging an economic system on welfare grounds, but that such emotive terms as 'maldistribution', 'exploitation', and 'poverty' are all subjective.' This volume thus provides an important archival source for economists working in mid-20th century history of economic thought as well as those interested in the evolution of neoclassical theory and the nexus between economics and Cold War politics.

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This volume of "Research in the History of Economic Thought and Methodology" offers a unique insight into early American economic theory. The notes reproduced in this volume were taken by a student, Maurice Beck Hexter, in 'Economics 11-12', 'Economic Theory', given by Frank William Taussig at Harvard during the academic year 1921-1922. Taken together they represent the height of economic theory being taught in graduate programs in the United States during this period. Accompanying the notes are additional essays on how these notes relate to broader economic thinking of this period, providing a comparison between the Harvard viewpoint and that of previously published presentations of economic theory at the University of Chicago and the University of Wisconsin.

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This authoritative and comprehensive reference work introduces the reader to the major concepts and leading contributors in the field of institutional and evolutionary economics. The Companion's coverage includes contributions by leading international authors working in the traditions of Thorstein Veblen, Joseph Schumpeter and the new institutionalist economics. Featuring accessible, informative and provocative entries on all the significant areas, this book breaks new ground by bringing together widely dispersed but theoretically congruent ideas for the first time. Several entries assess evolutionary and institutional aspects in the work of otherwise orthodox political economists, such as Adam Smith, Alfred Marshall and Friedrich A. von Hayek. Although some attention has been given to the critique of mainstream neoclassical economics, the principal focus has been on the affirmative presentation of institutional and evolutionary economics as alternatives to both the neoclassical and Marxian schools. An important feature of the work is the inclusion of a large number of entries addressing the foundations of inquiry into political economy.As the best single reference source on institutional and evolutionary economics now available, this two volume set will be welcomed by students and teachers in economics, scholars in related social sciences and government policymakers.

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Volume 26C contains five sets of lectures taken by Glenn Johnson as a doctoral student in economics at the University of Chicago during 1946-7.Johnson went on to become a leading professor of agricultural economics at Michigan State University. At Chicago his professors were among the foremost in the country. They included Frank Knight, Milton Friedman, D. Gale Johnson, John U. Nef, and T. W. Schultz, several future Nobel Prize winners. Also included are notes by Mark Ladenson (also from Michigan State) at Northwestern and from a faculty seminar at MSU on comparative method.

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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. Provides sophisticated introductions to a vast array of topics. Focuses on a unique range of topics, including the history of economic thought, the history of the discipline of economics, and the historiography of economic thought.

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This book contains refereed articles on: contrasting relational conceptions of the individual in recent economics; the development of Adam Smith's style of lecturing; a comparison of problems encountered in the historian's work as editor, based upon editing Harrod's papers and Haberler's "Prosperity and Depression"; reminiscences on the New Deal by Jacob Viner; and Don Lavoie's lectures on comparative economic systems. It reviews essays on books about Schumpeter, Keynes, Mincer, comparative economic history, and the Chicago School; as well as reviews of books dealing with the repeal of the Corn Laws, economic systems and economic growth, the Enlightenment and post-modernism, and virtue ethics and capitalism.

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Lionel Robbins's now famous lectures on the history of economic thought comprise one of the greatest accounts since World War II of the evolution of economic ideas. This volume represents the first time those lectures have been published. Lord Robbins (1898-1984) was a remarkably accomplished thinker, writer, and public figure. He made important contributions to economic theory, methodology, and policy analysis, directed the economic section of Winston Churchill's War Cabinet, and served as chairman of the Financial Times. As a historian of economic ideas, he ranks with Joseph Schumpeter and Jacob Viner as one of the foremost scholars of the century. These lectures, delivered at the London School of Economics between 1979 and 1981 and tape-recorded by Robbins's grandson, display his mastery of the intellectual history of economics, his infectious enthusiasm for the subject, and his eloquence and incisive wit. They cover a broad chronological range, beginning with Plato, Aristotle, and Aquinas, focusing extensively on Adam Smith, Thomas Malthus and the classicals, and finishing with a discussion of moderns and marginalists from Marx to Alfred Marshall. Robbins takes a varied and inclusive approach to intellectual history. As he says in his first lecture: "I shall go my own sweet way--sometimes talk about doctrine, sometimes talk about persons, sometimes talk about periods." The lectures are united by Robbins's conviction that it is impossible to understand adequately contemporary institutions and social sciences without understanding the ideas behind their development. Authoritative yet accessible, combining the immediacy of the spoken word with Robbins's exceptional talent for clear, well-organized exposition, this volume will be welcomed by anyone interested in the intellectual origins of the modern world.

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The Economy as Process of Valuation sheds new light on the potential benefits of concept and theory formation along dynamic and evolutionary lines for understanding economic processes. The emphasis is on aspects of the economy as a process of valuation rather than as a mechanistic result of transcendental forces yielding unique determinate results.The book begins by examining instrumentalism and the process of valuation, arguing that to choose involves the process of valuation. It then focuses on Coases's work on institutions and considers the implications for a variety of subjects including the theory of the firm and the theory and policy of externalities - all aspects of the economy as a process of valuation. This is followed by analyses of the concepts of coercion and cost in economics, with special reference to one agent's interest being another agent's cost. Each elicits key aspects of analysis, valuation and the complexities and conflictual nature of valuation processes and structures. Finally, Kenneth Boulding's work on 'The Image' is examined, arguing that definitions of reality and values derive, in part from language.

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The history of economics comprises the accumulated capital of the discipline; its study permits both the retrieval of important ideas and the conduct of analysis which places present day work in context. The essays in this book demonstrate some of the variety of uses to which the history of economics, as a sub-discipline, can be put.Economic Thought and Discourse in the 20th Century commences with an essay on John R. Hicks, one of the leading economic theorists of the twentieth century and a writer with much to say about the nature of economic theory and the functions of the history of economic thought. An essay on Thorstein Veblen examines a figure who is at once both idiosyncratic and monumental, and whose work on war and peace is seen both to have been deeply prescient at the time it was written, and to be critically relevant at the close of the twentieth century. The third piece in this collection is a study of the discursive and interpretative structure of Alfred Marshall's Principles of Economics. More than a century after its publication, the Principles is widely regarded as one of the most important, and immediately influential, works of economic science ever written. Yet, it is argued, Marshall's use of language and argument may well have been equal in importance to the analytical techniques which he demonstrated. The concluding essay on the early journal history of law and economics places in perspective much of the contemporary work in this area and suggests that more could be expected from a field with such a rich and suggestive history. These essays will make significant contributions both to their respective subjects and to the historiography of economics.

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