The two movements in economic thought, 1700-2000
Empty economic boxes revisited
Datos Bibliográficos
| ID | 5778069 |
|---|---|
| Autores | Deirdre Nansen Mccloskey (University of Illinois at Chicago , Chicago , IL, USA) |
| Año | 2018 |
| Volumen | 5 |
| Número | 2 |
| Fecha de publicación | 2018-12-01 |
| Peer Reviewed | Sí |
| Open Access | No |
| Tipo | ARTICLE |
| Revista | Man and the Economy (JOURNAL) |
| Identificadores de la revista | ISSN: 2196-9647 • E-ISSN: 2196-9639 |
| Editorial | De Gruyter (PUBLISHER • DE) |
| DOI | 10.1515/me-2018-0010 |
| OpenAlex | W4233577550 |
| Idioma | EN |
| Citas recibidas | 1 |
| Referencias citadas | 34 |
My theme is of a Rise and a Fall of understanding, coming from a failure to measure ones understanding. Down to 1848 the new field of political economy was gradually coming to understand the system of market-tested betterment (lamentably called by its enemies "capitalism"). After 1848, however, more and more of the economists, as they increasingly called themselves, came gradually to misunderstand it. Indeed, the political left and the middle came to treat the theories of exchange-tested betterment with angry contempt, such as Thorstein Veblen's blast against English economics, with its allegedly necessary assumption of the «hedonistic conception of man... of a lightning calculator of pleasures and pains, who oscillates like a homogeneous globule of desire of happiness under the impulse of stimuli» (Veblen, Thorstein. 1898. "Why Is Economics Not an Evolutionary Science?," Quarterly Journal of Economics 12(July): 373-397). "Imperfections" in the market took center stage in economics, and the understanding that had developed during the Rise was at best forgotten, or at worst condemned as "capitalist" propaganda, so obviously false that no actual measurement of its falsity need be offered
Contempt · Veblen good · Culture, Economy, and Development Studies · Economic theories and models · Economic Theory and Institutions · Historical Economic and Social Studies
Increasing Returns and Path Dependence in the Economy
The Rise and Fall of American Growth
The Competitive Advantage of Nations
Railroads and Regulations, 1877-1916
Social Limits to Growth
The General Theory of Second Best
Positional Externalities Cause Large and Preventable Welfare Losses
The ASA Statement on p -Values
The Welfare Costs of Tariffs, Monopolies, and Theft
The Lighthouse in Economics
The Theory of Economic Regulation
Beyond Markets and States
Idea for a universal history with a cosmopolitan aim (1784)
Bourgeois Equality
Adam Smith and Malthus on high wages
The Welfare Costs of Tariffs, Monopolies, and Theft
The Logic of Collective Action
Some Cambridge Controversies in the Theory of Capital
The First Great Law & Economics Movement
The Fishery
Of Empty Economic Boxes
"The Market for "Lemons
Did Victorian Britain Fail
Why is Economics not an Evolutionary Science
| Obras citantes distintas | 1 |
|---|---|
| Citas por año | 0,33 |
| Intervalo de citas | 2023 - 2023 (1) |
| Velocidad de citación | historical |
| Altamente citado | No |