History Of Economic Thought

Samuels, Warren J.

Medema, Steven G.

Routledge

This volume provides an interesting evaluation of the role of the corporation in American society. The book traces the historical role of the corporation. It discusses the corporation's obligations and influence in the policy-making process of government. Business Library NewsletterThe year 1986 marked the 100th anniversary of one of the Supreme Court's most important decisions, in which it unanimously held that a business corporation was a person within the meaning of the Constitution, and thus entitled to constitutional protection. The decision, made almost casually, has had enormous impact on the development of the system of corporate capitalism in the United States. This collection of original essays, written by leading authorities from the fields of economics, law, history and political science, assesses the implications of the Supreme Court ruling from a variety of perspectives. The collected essays provide a thorough evaluation of the role of the corporation, and discusses its obligations, its influence in the policymaking process of government, and its internal structure as a political order.

Corporations and Society: Power and Responsibility (Contributions in American Studies)

Business & Money

Education & Reference

Praeger

Essays in the History of Mainstream Political Economy

History

PALGRAVE~MACMILLAN

This book examines the use, principally in economics, of the concept of the invisible hand, centering on Adam Smith. It interprets the concept as ideology, knowledge, and a linguistic phenomenon. It shows how the principal Chicago School interpretation misperceives and distorts what Smith believed on the economic role of government. The essays further show how Smith was silent as to his intended meaning, using the term to set minds at rest; how the claim that the invisible hand is the foundational concept of economics is repudiated by numerous leading economic theorists; that several dozen identities given the invisible hand renders the term ambiguous and inconclusive; that no such thing as an invisible hand exists; and that calling something an invisible hand adds nothing to knowledge. Finally, the essays show that the leading doctrines purporting to claim an invisible hand for the case for capitalism cannot invoke the term but that other nonnormative invisible hand processes are still useful tools.

Erasing the Invisible Hand: Essays on an Elusive and Misused Concept in Economics

Economics

Cambridge University Press

A History of Economic Thought

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.

Baumol, William J.

Robbins, Lionel

Princeton University Press

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.

Research in the History of Economic Thought and Methodology (Research in the History of Economic Thought and Methodology, 17)

Biddle, Jeff E.

Emerald Publishing Limited

This newly discovered correspondence from Clark to Giddings covers the entire period from their first acquaintance in 1886 to Giddings' death in 1931. However, the vast majority of nearly 280 letters and notes is concentrated within the years 1886-1895 when the most important development of Clark's economic thought as a theoretical economist was accomplished. During this period Clark achieved the formation of his marginal productivity theory of distribution, and a new theory of capital and interest in particular. This also represents one of the most epoch-making periods of the marginal revolution in the United States, in which Clark was playing a leading role. In this period American modern economics began to be established in the history of economic thought.

American Economics (Research in the History of Economic Thought and Methodology, 18)

W.J. Samuels

W. J. Samuels, Samuels

This work publishes for the first time Richard T. Ely's study of the history of American economic thought. Ely was both a reformer of economics and a leading economist between the 1880's and 1930's. A founder of the American economic association, he himself wrote on a vast number of topics. This history of American economics tells a story that is both straightforward and his own interpretation.

Richard T Ely: The Story of Economics in the United States (Research in the History of Economic Thought and Methodology, 20)

This work contains articles on Adam Smith, Antonio Horta Ororio, John Maynard Keynes, and on methodological, interpretive and policy issues of economic development in Ghana. It also contains review essays on twenty-two new books on the history and methodology of economics.

A Research Annual (Research in the History of Economic Thought and Methodology, 20)

This handsome set makes available for the first time the complete writings of Warren J. Samuels, one of the most influential figures in the study of the economic role of government, the history of economic thought, and the conceptual and sociological origins of modern economics.  Included in the set are:ESSAYS IN THE ECONOMIC ROLE OF GOVERNMENT:  FUNDAMENTALSVolume 1 (368 pages)ESSAYS IN THE ECONOMIC ROLE OF GOVERNMENT:  APPLICATIONSVolume 2 (392 pages)ESSAYS IN THE HISTORY OF MAINSTREAM POLITICAL ECONOMY(312 pages)ESSAYS IN THE HISTORY OF HETERODOX POLITICAL ECONOMY(368 pages)andESSAYS IN THE METHODOLOGY AND DISCOURSE OF ECONOMICS(352 pages).

The Collected Writings of Warren J. Samuels

Biographies & Memoirs

Historical

NYU Press

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Books by Samuels, Warren J.