Sitting on a Log with Adam Smith: The Future of the History of Economic Thought at the Liberal Arts Colleges

2002 ◽  
Vol 34 (Suppl 1) ◽  
pp. 17-34 ◽  
Author(s):  
B. W. Bateman
Keyword(s):  
Liberal Arts ◽  
Liberal Arts Colleges ◽  
Adam Smith ◽  
Economic Thought ◽  
History Of Economic Thought ◽  
The Future ◽  
History Of

‘Of the Expence of Defence’: What Has Changed Since Adam Smith?

2017 ◽  
Vol 23 (2) ◽  
Author(s):  
Jurgen Brauer
Keyword(s):  
Adam Smith ◽  
Economic Thought ◽  
History Of Economic Thought ◽  
War And Peace ◽  
Chronological Order ◽  
Military Security ◽  
History Of

AbstractThis essay selectively reviews the history of economic thought on war and peace, starting with Adam Smith. Today, Smith’s trickle of thoughts has become a broad marshland. In this marshland, however, discrete currents are apparent – some stronger, some weaker – which this essay identifies, in rough chronological order, as war, defense, conflict, military, security, and peace economics. As these terms often are used interchangeably, one purpose of the essay is to more clearly delineate these intellectual currents and differentiate them from each other. By building canals in the marshlands as it were, the aim is to help all flows of contributions become stronger.

The Pragmatic Basis of Keynes's Political Economy

1946 ◽  
Vol 6 (2) ◽  
pp. 121-152 ◽  
Author(s):  
Dudley Dillard
Keyword(s):  
Political Economy ◽  
Great Depression ◽  
Economic Thought ◽  
History Of Economic Thought ◽  
John Maynard Keynes ◽  
The Great Depression ◽  
Widespread Adoption ◽  
The Future ◽  
History Of ◽  
Second World

Although we still live in the shadow of the years between the First and the Second World Wars, already it seems quite clear that future historians of economic thought will regard John Maynard Keynes as the outstanding economist of this turbulent period. As one writer has recently said, “The rapid and widespread adoption of the Keynesian theory by contemporary economists, particularly by those who at first were highly critical, will probably be recorded in the future history of economic thought as an extraordinary happening.” Book after book by leading economists acknowledges a heavy debt to the stimulating thought of Lord Keynes. The younger generation of economists, especially those whose thinking matured during the great depression of the thirties, have been particularly influenced by him.

Are there Limits to the Past in the History of Economic Thought?

1991 ◽  
Vol 13 (2) ◽  
pp. 134-143 ◽  
Author(s):  
S. Todd Lowry
Keyword(s):  
Adam Smith ◽  
Economic Thought ◽  
History Of Economic Thought ◽  
The Past ◽  
Hard Time ◽  
History Of

When I first began the serious study of the history of economic thought, my presumption was that one should always start at the beginning. This was some thirty-five years ago and I have been finding so much interesting material that I have had a hard time getting past Adam Smith. The search for the beginning, of course, led me to the question of what do we mean by economic thought and how do we define it for the purpose of identifying its origin?.

Book Reviews

2011 ◽  
Vol 49 (3) ◽  
pp. 727-728
Keyword(s):  
New York ◽  
Karl Marx ◽  
Adam Smith ◽  
Economic Thought ◽  
History Of Economic Thought ◽  
Professor Emeritus ◽  
Postwar Period ◽  
New York University ◽  
John Maynard Keynes ◽  
History Of

William J. Baumol of New York University and Princeton University reviews “Economics Evolving: A History of Economic Thought” by Agnar Sandmo. The EconLit Abstract of the reviewed work begins “Revised and expanded English translation of Samfunnsokonomi--en idehistorie (2006). Presents a history of economic thought from the late eighteenth century to the 1970s. Discusses a science and its history; before Adam Smith; Adam Smith; the classical school--Thomas Robert Malthus and David Ricardo; consolidation and innovation--John Stuart Mill; Karl Marx as an economic theorist; the forerunners of marginalism; the marginalist revolution--William Stanley Jevons, Carl Menger, and Leon Walras; Alfred Marshall and partial equilibrium theory; equilibrium and welfare--Francis Ysidro Edgeworth, Vilfredo Pareto, and Arthur C. Pigou; interest and prices--Knut Wicksell and Irving Fisher; new perspectives on markets and competition; the great systems debate; John Maynard Keynes and the Keynesian revolution; Ragnar Frisch, Trygve Haavelmo, and the birth of econometrics; the modernization of economic theory in the postwar period; further developments in the postwar period; and long-term trends and new perspectives. Sandmo is Professor Emeritus of Economics at the Norwegian School of Economics and Business Administration. Index.”

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