Purpose – Wicksell's contributions to welfare economics are viewed as largely aligned with Pareto efficiency and James Buchanan's work in public choice. This conflicts with the Scandinavian representation of Wicksell as the forefather of the modern Swedish socialist economy. The purpose of...

Purpose – Wicksell's contributions to welfare economics are viewed as largely aligned with Pareto efficiency and James Buchanan's work in public choice. This conflicts with the Scandinavian representation of Wicksell as the forefather of the modern Swedish socialist economy. The purpose of...

This volume of Research in the History of Economic Thought and Methodology offers a unique insight into early American economic theory. The notes reproduced in this volume were taken by a student, Maurice Beck Hexter, in Economics 11-12, "Economic Theory," given by Frank William Taussig at...

We extend the long literary tradition of Western analyses of Russian economic thought on Keynes. First, we update the story through transition and into the current period. Second, we survey representative contemporary literature on Keynes, identifying four manifestations: that by historians of...

FRONT COVER -- ECONOMIC THEORY BY TAUSSIG, YOUNG, AND CARVER AT HARVARD -- COPYRIGHT PAGE -- CONTENTS -- PART I: CORRESPONDENCE BETWEEN FRANK H. KNIGHT, WALTER B. SMITH, AND F. TAYLOR OSTRANDER, 1933-1937 -- PART II: MAURICE BECK HEXTER'S NOTES FROM HARVARD UNIVERSITY, 1921-1922 -- INTRODUCTION...

In their recent book Where Economics Went Wrong, David Colander and Craig Freedman (2018) argue that economics went wrong when it abandoned the Classical liberal firewall that demanded separation of scientific theory from the art of policy making. Colander has long advanced the idea that applied...