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How Should We Write the History of Twentieth-Century Economics?

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  • Weintraub, E Roy

Abstract

The modern economist looks at a textbook history of nineteenth-century economics and wonders what, for the twentieth century, will correspond to the chapter titles of "Malthus", "Ricardo", "The Mills", "Marx", and "The Rise of Marginalism". Will monetarism survive editing? Will game theory rate its own section? Will Keynes be a hero or a goat? Economists look to the historian and wonders how the historian decides what is important, and how we go about deciding what will go into a future history book. Eschewing narratives of progress, this paper surveys alternative historiographies for constructing a history of twentieth-century economics, and suggests that the new discipline of science and technology studies provides a number of useful frameworks for telling the story. Copyright 1999 by Oxford University Press.

Suggested Citation

  • Weintraub, E Roy, 1999. "How Should We Write the History of Twentieth-Century Economics?," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 15(4), pages 139-152, Winter.
  • Handle: RePEc:oup:oxford:v:15:y:1999:i:4:p:139-52
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    Cited by:

    1. Giuseppe Coco & Daniele Simone & Laura Serlenga & Sabrina Molinaro, 2023. "Risk awareness and complexity in students’ gambling," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 40(3), pages 971-994, October.
    2. Stavros A. Drakopoulos & Anastassios D. Karayiannis, 2005. "A Review of Kuhnian and Lakatosian «Explanations» in Economics," History of Economic Ideas, Fabrizio Serra Editore, Pisa - Roma, vol. 13(2), pages 51-73.
    3. Sheila C. Dow, 2012. "Variety of Methodological Approach in Economics," Palgrave Macmillan Books, in: Foundations for New Economic Thinking, chapter 13, pages 210-230, Palgrave Macmillan.
    4. Avi J. Cohen & Ross B. Emmett, 2011. "Why and How to Teach the History of Economic Thought: Economics as Historically Produced Knowledge," Chapters, in: Gail M. Hoyt & KimMarie McGoldrick (ed.), International Handbook on Teaching and Learning Economics, chapter 52, Edward Elgar Publishing.
    5. Sheila Dow, 2009. "History of Thought and Methodology in Pluralist Economics Education," International Review of Economic Education, Economics Network, University of Bristol, vol. 8(2), pages 41-57.
    6. Steven M. Shugan, 2006. "Editorial: Errors in the Variables, Unobserved Heterogeneity, and Other Ways of Hiding Statistical Error," Marketing Science, INFORMS, vol. 25(3), pages 203-216, 05-06.
    7. utku altunöz, 2014. "The Critisism Of Dominant Neo-Classical Economics In The Light Of Post Aut?St?C Econom?Cs: Case Of Global Cr?S?S," Proceedings of International Academic Conferences 0201045, International Institute of Social and Economic Sciences.
    8. William A. Barnett & Paul A. Samuelson & E. Roy Weintraub, 2005. "Inside the Economist's Mind: The History of Modern Economic Thought, as Explained by Those Who Produced It," Method and Hist of Econ Thought 0511002, University Library of Munich, Germany.
    9. Gul, Ejaz & Chaudhry, Imran Sharif & Faridi, Muhammad Zahir, 2014. "The Classical-Keynesian Paradigm: Policy Debate in Contemporary Era," MPRA Paper 53920, University Library of Munich, Germany.
    10. Boldyrev, I., 2011. "Economic Methodology Today: a Review of Major Contributions," Journal of the New Economic Association, New Economic Association, issue 9, pages 47-70.

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