Credo of a Lucky Textbook Author
AbstractAt war's end, introductory economics textbooks were overdue for a revolutionary advance. Change conspired to tempt the author to bring to the beginning course the rudiments of Keynesian macroeconomics. The impact was explosive. In reaction to criticisms of the subsequent evolutionary revisions, the author here describes the transition beyond the 1936 Model T General Theory paradigm from the standpoint of advances on the frontier, at the same time correcting erroneous claims about the saving process. Finally, he tells the tales of rightist censorship of Lorie Tarshis's 1947 pioneering Keynesian textbook and of later thunder from the left.
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Bibliographic InfoArticle provided by American Economic Association in its journal Journal of Economic Perspectives.
Volume (Year): 11 (1997)
Issue (Month): 2 (Spring)
Find related papers by JEL classification:
- A22 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Undergraduate
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- James Tobin, 1955. "A Dynamic Aggregative Model," Journal of Political Economy, University of Chicago Press, vol. 63, pages 103.
- Lukáš Kovanda, 2011. "The Future of Economics: Four Possible Scenarios," Politická ekonomie, University of Economics, Prague, vol. 2011(6), pages 743-758.
- Michel De Vroey & Pedro Garcia Duarte, 2012.
"In Search of Lost Time: The Neoclassical Synthesis,"
Working Papers, Department of Economics
2012_07, University of São Paulo (FEA-USP).
- De Vroey Michel & Duarte Pedro Garcia, 2013. "In search of lost time: the neoclassical synthesis," The B.E. Journal of Macroeconomics, De Gruyter, vol. 13(1), pages 1-31, January.
- Michel DE VROEY & Pedro GARCIA DUARTE, 2012. "In Search Of Lost Time: The Neoclassical Synthesis," Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) 2012026, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
- Levy, David M. & Peart, Sandra J., 2011.
"Soviet growth and American textbooks: An endogenous past,"
Journal of Economic Behavior & Organization,
Elsevier, vol. 78(1-2), pages 110-125, April.
- Levy, David M. & Peart, Sandra J., 2011. "Soviet growth and American textbooks: An endogenous past," Journal of Economic Behavior & Organization, Elsevier, vol. 78(1), pages 110-125.
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