Intellectual Migration and Economic Thought

This article examines the life and thought of Thomas Balogh and Nicholas Kaldor, two Hungarian-born British economists, to suggest how the personal background and émigré status of these economists changed their view of the British economy and the economic policy recommendations they put forward as high-profile government advisers in the post-1945 period. This article combines research on inter-war intellectual migration and the history of British economics and economic policy making after the Second World War. It shows how the large scale migration of Central European intellectuals to the English-speaking countries affected the academic, intellectual and cultural lives of the host countries; it also suggests how economics, a relatively young social science discipline, has been crucially enriched by the contributions of exiles from old Europe, and how the mainstream paradigm of modern economics, the so-called neoclassical synthesis, was the result of the cross-fertilisation of ideas facilitated by the physical movement of academics and thinkers

Applied economics · Economic history · Economic Thought · Economics · Economy · History of economic thought · Institutional economics · Intellectual history · Mainstream · Mainstream economics · Neoclassical economics · Period (music · Political economy · Political science · Positive economics · Schools of economic thought · Social science · Sociology · Economic Theory and Institutions · Law

• The History of Economics

  Philippe Fontaine, Joel Isaac•History of Political Economy•2025

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• Introduction

  Wei Li, Lucia Lo et al.•New Community•2023

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