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The Years of High Theory

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  • Shackle,G. L. S.

Abstract

Even a decade after the end of the 1914–1918 war, economic theory assumed that the world was tranquil and orderly. By 1939 an economic slump without parallel, allied to the re-emergence of military ambition in Europe, had brought economic theorists face to face with reality. In this classic book, first published in 1967, Professor Shackle provides a study, in exact and professional language, of the precise nature, structure, presuppositions, language and inter-relations of the theories which were formulated in these fourteen years - unparalleled in the whole history of economics except perhaps by the years of the Physiocrats and Adam Smith. These theories are not prototypes on the way to something better but are of essential and permanent importance.

Suggested Citation

  • Shackle,G. L. S., 1983. "The Years of High Theory," Cambridge Books, Cambridge University Press, number 9780521274784, October.
    • Handle: RePEc:cup:cbooks:9780521274784
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    Cited by:

    1. Nahid Aslanbeigui & Michele I. Naples, 1997. "Scissors or Horizon: Neoclassical Debates about Returns to Scale, Costs, and Long‐Run Supply, 1926‐1942," Southern Economic Journal, John Wiley & Sons, vol. 64(2), pages 517-530, October.
    2. Davalos, Sergio & Gritta, Richard D. & Adrangi, Bahram, 2007. "Deriving Rules for Forecasting Air Carrier Financial Stress and Insolvency: A Genetic Algorithm Approach," Journal of the Transportation Research Forum, Transportation Research Forum, vol. 46(2).
    3. Ferlito, Carmelo, 2013. "Bruno Leoni and the Socialist Economic Calculation Debate," MPRA Paper 67745, University Library of Munich, Germany.
    4. Claudio Sardoni, 2011. "Unemployment, Recession and Effective Demand," Books, Edward Elgar Publishing, number 13837.
    5. František Slanina & Zdeněk Konopásek, 2010. "Eigenvector Localization As A Tool To Study Small Communities In Online Social Networks," Advances in Complex Systems (ACS), World Scientific Publishing Co. Pte. Ltd., vol. 13(06), pages 699-723.
    6. Arena, Richard, 1992. "Une synthèse entre post-keynésiens et néo-ricardiens est-elle encore possible?," L'Actualité Economique, Société Canadienne de Science Economique, vol. 68(4), pages 587-606, décembre.
    7. Timoteo Carletti & Simone Righi & Duccio Fanelli, 2011. "Emerging Structures In Social Networks Guided By Opinions' Exchanges," Advances in Complex Systems (ACS), World Scientific Publishing Co. Pte. Ltd., vol. 14(01), pages 13-30.
    8. Keuzenkamp, H.A., 1989. "The prehistory of rational expectations," Other publications TiSEM 2dbf33bd-00ce-4b2e-baa5-3, Tilburg University, School of Economics and Management.
    9. M. June Flanders, 2015. "It's Not a Minsky Moment, It's a Minsky Era, Or: Inevitable Instability," Econ Journal Watch, Econ Journal Watch, vol. 12(1), pages 84-105, January.
    10. Keuzenkamp, H.A., 1989. "The prehistory of rational expectations," Discussion Paper 1989-31, Tilburg University, Center for Economic Research.

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