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Includes archival documents and essays exploring the inter-relationship between the government and the economy. This title examines the one-sided controversy generated by Rose Wilder Lane and V Orval Watts against a new generation of Keynes-influenced textbooks which focused on governmental policy and the scope of government activity.
The American political economist Henry George devoted his life to the single tax. Virtually forgotten today, his best seller "Progress and Poverty" influenced numerous people in the English-speaking world. His fame and fall were due to a temporary alliance with the American Irish Catholics who were agitating for the land war in Ireland.
Over the last twenty years, Ross B. Emmett has explored the work of Frank H. Knight, the philosopher of the Chicago School of economics. Knight occupies a paradoxical place in the history of Chicago economics: vital to the tradition’s teaching of price theory and the twentieth-century re-articulation of the defense of free enterprise and liberal democracy, yet a critic (in advance) of the empirical and methodological orientation that has characterized Chicago economics and the rest of the discipline in the post-war period, and skeptical of liberalism’s prospects. In the course of his investigation of Knight’s work, Emmett has written not only about Knight’s economics and philosophy, the nature of Chicago economics, and Knight’s place in the Chicago tradition, but also about the application of hermeneutic theory to the history of economics, the relation of the history of economic thought to the discipline of economics, and the relation between economics and religion. His eight-volume collection of primary-source material on The Chicago Tradition in Economics, 1892-1945 was published by Routledge in 2001.
Over the past forty years, economists associated with the University of Chicago have won more than one-third of the Nobel prizes awarded in their discipline and have been major influences on American public policy. Building Chicago Economics presents the first collective attempt by social science historians to chart the rise and development of the Chicago School during the decades that followed the Second World War. Drawing on new research in published and archival sources, contributors examine the people, institutions and ideas that established the foundations for the success of Chicago economics and thereby positioned it as a powerful and controversial force in American political and intellectual life.
The Research in the History of Economic Methodology (RHETM) 34A, includes original research from preeminent scholars in the field.
Vol 33 includes research from preeminent scholars such as Malcolm Rutherford, current HES President-elect Jeff E. Biddle, Steven G. Medema, author of The Hesitant Hand: Taming Self-Interest in the History of Economic Ideas, leading methodologist John B. Davis, and Robert W. Dimand, one of the world's foremost experts on John Maynard Keynes.
When originally released, Frank Hyneman Knight’s The Economic Organization revitalized the teaching of economic theory in America during the 1930s, laying the foundation for the price theory revolution led by economists emerging from Knight’s circle at The University of Chicago. Knight shows that when societies choose to allow market organization, their economy simultaneously solves the fundamental functions of valuation and efficiency. It also organizes the production and distribution of resources, providing incentives for progress. The Economic Organization provides a short introduction to the basic principles of supply, demand, and distribution that emerge from neoclassical price theo...
When originally released, Frank Hyneman Knight's The Economic Organization revitalized the teaching of economic theory in America during the 1930s, laying the foundation for the price theory revolution led by economists emerging from Knight's circle at The University of Chicago. Knight shows that when societies choose to allow market organization, their economy simultaneously solves the fundamental functions of valuation and efficiency. It also organizes the production and distribution of resources, providing incentives for progress. The Economic Organization provides a short introduction to the basic principles of supply, demand, and distribution that emerge from neoclassical price theory. ...
Volume 39C of Research in the History of Economic Thought and Methodology, features a symposium marking the 100th anniversary of the publication of Frank H. Knight’s Risk, Uncertainty, and Profit.