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Against Samuelson’s Whig Interpretation of History of Economic Analysis and its Current Legitimation

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  • Veselina Atanasova

    (University of National and World Economy, Sofia, Bulgaria)

Abstract

The paper presents a negative view with respect to Paul Samuelson’s whig interpretation of history of economic analysis – to what he reduces historiography of economics, and actually against its current legitimation, seen in Medema and Waterman (2010) and Medema and Waterman, eds. (2014). The analysis is focused on the unity of Samuelson’s whig historical and theoretical approaches. The attention is drawn to a series of original methodological and theoretical views in his influential publications, identifying his position, which (views) as a matter of fact disprove his claim for ‘better’ whig interpretation of history of economic science. It is pointed out that it is not a mere idiosyncrasy of Samuelson’s contribution amongst the figures of post-World War II economics; it is an expression of the general tendency in mainstream economics to embody in its theory the whig historical approach.

Suggested Citation

  • Veselina Atanasova, 2017. "Against Samuelson’s Whig Interpretation of History of Economic Analysis and its Current Legitimation," Ikonomiceski i Sotsialni Alternativi, University of National and World Economy, Sofia, Bulgaria, issue 1, pages 143-152, February.
    • Handle: RePEc:nwe:iisabg:y:2017:i:1:p:143-52
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    More about this item

    Keywords

    whig historiography; whig interpretation of history of economic analysis; Samuelson’s economics;
    All these keywords.

    JEL classification:

    • B00 - Schools of Economic Thought and Methodology - - General - - - History of Economic Thought, Methodology, and Heterodox Approaches
    • B20 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - General
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • B40 - Schools of Economic Thought and Methodology - - Economic Methodology - - - General

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