Back to the Future – the Marginal Utility of History in Economics
AbstractEconomics and economic history share many fundamental research problems and have a rich shared intellectual history. Still, works by economic historians are rarely read or referenced in economics. In this essay we attempt to identify the cost of this negligence. In particular, we argue that a restrictive understanding of the economic research programme excludes available evidence and precludes analysis of complex situational constraints on economic decision-making.
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Bibliographic InfoArticle provided by Nordic Journal of Political Economy in its journal Nordic Journal of Political Economy.
Volume (Year): 33 (2007)
Issue (Month): ()
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Find related papers by JEL classification:
- A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
- B1 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925
- B2 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925
- B4 - Schools of Economic Thought and Methodology - - Economic Methodology
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