Economists have typically viewed an individual's economic choices as being tightly linked to their preferences, and in turn, their preferences being tightly linked to the welfare associated with those choices. But behavioral economics drove a wedge between choice and preference, and thus, in...

Two common claims about mid-to-late twentieth century economics are that Walrasian ideas had an influence on the particular version of Keynesian macroeconomics that became dominant during the 1950s and 1960s, and that Walrasian general equilibrium theory passed its zenith in microeconomics at...

Most historical discussions of Arrow-Debreu general equilibrium theory discuss the negative impact of the so-called Sonnenschein-Mantel-Debreu (SMD) results on aggregate excess demand functions. This paper argues that the SMD results were a natural extension of the integrability literature of...

Books reviewed in this article: Gordon Fletcher, Understanding Dennis Robertson: The Man and His Work Robert G. Chambers and John Quiggin, Uncertainty, Production, Choice, and Agency John Ravenhill, APEC and the Construction of Pacific Rim Regionalism Stephan Boehm, Christian Gehrke, Heinz D....