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History of Economic Thought as an Intellectual Discipline

Author

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  • D. P. O’Brien

Abstract

This book restates the importance of the study of the history of ideas, in the context of the writings of economists. After an initial statement, a case study involving five methodological detours is considered. This is followed by an analysis of a flawed attempt to remedy the manifest deficiencies of the static general equilibrium model. A general overview of classical economics is followed by an account of the world of Alfred Marshall who did so much to bridge the gap between classical and neo-classical economics. The work of two great historians of economics, Edwin Cannan and J.R. McCulloch, is discussed, as well as that of Paul Samuelson who while a leading theorist has defied the narrow essentialism now fashionable, and remained a scholar. There are also three chapters dealing with one of the most learned writers on economics, Friedrich Hayek.

Suggested Citation

  • D. P. O’Brien, 2007. "History of Economic Thought as an Intellectual Discipline," Books, Edward Elgar Publishing, number 12723.
    • Handle: RePEc:elg:eebook:12723
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    File URL: http://www.e-elgar.com/shop/isbn/9781847202598
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    Keywords

    Economics and Finance;

    JEL classification:

    • B0 - Schools of Economic Thought and Methodology - - General

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