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Economics in the History Mirror

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  • E.L. Jones

    (La Trobe University)

Abstract

For writing economic history, standard theory is found to be excessively a priori and prone to assume away interesting phenomena. A particular defect is the lack of a mainstream theory of institutional change. Yet market analysis, although sometimes used unwisely as a substitute for historical description, does offer a standard of comparison which is absent from general history. The simpler concepts of economics also offer returns which the historian can scarcely afford to spurn.

Suggested Citation

  • E.L. Jones, 1990. "Economics in the History Mirror," Journal of Interdisciplinary Economics, , vol. 3(3), pages 157-172, April.
    • Handle: RePEc:sae:jinter:v:3:y:1990:i:3:p:157-172
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