Some Developments in Economic Theory Since 1940: An Eyewitness Account
Any psychologist who has studied eyewitness accounts knows first of all how unreliable they are. I therefore submit this informal account of some developments in economic theory without research, just as a set of recollections. It is also not an autobiography, nor a systematic account of my own work. Rather, I consider primarily those developments in economic theory that have had both general interest in the field and special concern for me. For example, as social choice theory is still a specialized field, I am not going to discuss it at all. Further, as it has turned out, I emphasize the developments of technique, although to some extent I refer to some of the underlying visions of the economy to which they are applied. To evaluate my eyewitness testimony, I give the reader some idea of my background and, in particular, the path that led me to be an economist and that has influenced my work and my perception of the development of economics in general. (As my friend Paul David keeps on reminding me and the rest of the world, all development is path-dependent.) I then follow up with four major aspects of economic research in the last 60 years, the period of my scholarly activity. One, econometric methodology and practice, is of such fundamental importance that it cannot go unnoticed, although I played no role in it. With the other three, general equilibrium, dynamic processes, and uncertainty and information, I was more intimately involved.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 1 (2009)
Issue (Month): 1 (05)
|Contact details of provider:|| Postal: |
Web page: http://www.annualreviews.org
|Order Information:||Web: http://www.annualreviews.org/action/ecommerce|
When requesting a correction, please mention this item's handle: RePEc:anr:reveco:v:1:y:2009:p:1-16. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (http://www.annualreviews.org)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.