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Economic history and economic theory

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  • Filippo Cesarano
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    Abstract

    Since the mid-1950s the spread of formal models and econometric method has greatly improved the study of the past, giving rise to the 'new' economic history; at the same time, the influence of economic history on economists and economics has markedly declined. This paper argues that the contribution of history to the advancement of economics is still paramount, as is evident from the evolution of monetary theory and institutions.JEL classification: NO1, A12

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    Bibliographic Info

    Article provided by Taylor & Francis Journals in its journal Journal of Economic Methodology.

    Volume (Year): 13 (2006)
    Issue (Month): 4 ()
    Pages: 447-467

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    Handle: RePEc:taf:jecmet:v:13:y:2006:i:4:p:447-467

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    Related research

    Keywords: economic history; economic theory;

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    References

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    1. McCloskey, Donald N, 1976. "Does the Past Have Useful Economics?," Journal of Economic Literature, American Economic Association, vol. 14(2), pages 434-61, June.
    2. Mundell, Robert A., 1999. "A Reconsideration of the Twentieth Century," Nobel Prize in Economics documents 1999-5, Nobel Prize Committee.
    3. North, Douglass C, 1976. "The Place of Economic History in the Discipline of Economics," Economic Inquiry, Western Economic Association International, vol. 14(4), pages 461-65, December.
    4. Kuznets, Simon, 1957. "Summary of Discusson and Postscript," The Journal of Economic History, Cambridge University Press, vol. 17(04), pages 545-553, December.
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    Cited by:
    1. Einar Lie, 2007. "Economic History and Economic Theory," Nordic Journal of Political Economy, Nordic Journal of Political Economy, vol. 33, pages 2.
    2. Bruno Chiarini, 2008. "Milton Friedman: la moneta, il metodo e la politica," Rivista di Politica Economica, SIPI Spa, vol. 98(1), pages 39-56, January-F.
    3. Jorge Streb, 2010. "Hume: The power of abduction and simple observation in economics," CEMA Working Papers: Serie Documentos de Trabajo. 417, Universidad del CEMA.
    4. Ib E. Eriksen & Tore Jørgen Hanisch & Arild Sæther, 2007. "The Rise and Fall of the Oslo School," Nordic Journal of Political Economy, Nordic Journal of Political Economy, vol. 33, pages 1.
    5. Filippo Cesarano, 2006. "Optimum currency areas: a policy view," BNL Quarterly Review, Banca Nazionale del Lavoro, vol. 59(239), pages 317-332.
    6. Filippo Cesarano, 2006. "Optimum currency areas: a policy view," Banca Nazionale del Lavoro Quarterly Review, Banca Nazionale del Lavoro, vol. 59(239), pages 317-332.

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