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The Scottish Political Economy Tradition

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  • Dow, Sheila C

Abstract

Political economy is attracting renewed interest, given the crisis in orthodox economics. This artic le focuses on the Scottish tradition in political economy, which took its character from the style of reasoning engendered by the Enlighte nment, and the issues, moral and practical, to which that reasoning w as addressed. It is style of reasoning and method of enquiry which de fine a school of thought, and it is at this level that the Scottish t radition can most effectively be revived to address current issues. T he paper highlights the role of the education system in fostering par ticular modes of thought. Copyright 1987 by Scottish Economic Society.

Suggested Citation

  • Dow, Sheila C, 1987. "The Scottish Political Economy Tradition," Scottish Journal of Political Economy, Scottish Economic Society, vol. 34(4), pages 335-348, November.
    • Handle: RePEc:bla:scotjp:v:34:y:1987:i:4:p:335-48
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    References listed on IDEAS

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    1. McCloskey, Donald N, 1983. "The Rhetoric of Economics," Journal of Economic Literature, American Economic Association, vol. 21(2), pages 481-517, June.
    2. Coddington, Alan, 1975. "The Rationale of General Equilibrium Theory," Economic Inquiry, Western Economic Association International, vol. 13(4), pages 539-558, December.
    3. A. L. Macfie, 1955. "The Scottish Tradition In Economic Thought," Scottish Journal of Political Economy, Scottish Economic Society, vol. 2(1), pages 81-103, February.
    4. Lucas, Robert E, Jr, 1980. "Methods and Problems in Business Cycle Theory," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 12(4), pages 696-715, November.
    5. Skinner, Andrew S, 1979. "Adam Smith: An Aspect of Modern Economics?," Scottish Journal of Political Economy, Scottish Economic Society, vol. 26(2), pages 109-125, June.
    6. F. H. Hahn, 1977. "Keynesian Economics and General Equilibrium Theory: Reflections on Some Current Debates," International Economic Association Series, in: G. C. Harcourt (ed.), The Microeconomic Foundations of Macroeconomics, chapter 1, pages 25-40, Palgrave Macmillan.
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    Cited by:

    1. Gordon Burt, 1997. "Cultural Convergence in Historical Cultural Space-Time," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 21(4), pages 291-305, December.
    2. Alexander Dow & Sheila Dow & Alan Hutton, 1997. "The Scottish Political Economy Tradition and Modern Economics," Scottish Journal of Political Economy, Scottish Economic Society, vol. 44(4), pages 368-383, September.
    3. Stavros, Drakopoulos, 2021. "The Relation of Neoclassical Economics to other Disciplines: The case of Physics and Psychology," MPRA Paper 106597, University Library of Munich, Germany.
    4. Flavio Comim, 2002. "The Scottish Tradition in Economics and the Role of Common Sense in Adam Smith's Thought," Review of Political Economy, Taylor & Francis Journals, vol. 14(1), pages 91-114.

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