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The Evolution of Modern Economic Theory

In: The Evolution of Modern Economic Theory

Author

Listed:
  • Lord Robbins

    (London School of Economics)

Abstract

When the organisers of this colloquy asked me to give a general address on Western conceptions of the present state of economic theory, I confess I felt daunted. I was daunted in the first place by the nature of the subject: in any survey of so extensive a field, the problems where to begin, what to include, what to leave out, are indeed problems which should inspire apprehension, even in the breast of the most self-confident. But I was daunted, too, by a more delicate problem. Here we were to sit round this table, met together in an attempt to create mutual understanding of positions which certainly in the past have been assumed to be very far apart. How could I present in short compass the general background of thought of those of us on this side without introducing irrelevant issues or appearing to be needlessly provocative? Yet how could I avoid these dangers without running the risk of insufficient candour, of all things least desirable in an exchange of this sort? I admit I found this very perplexing.

Suggested Citation

  • Lord Robbins, 1970. "The Evolution of Modern Economic Theory," Palgrave Macmillan Books, in: The Evolution of Modern Economic Theory, chapter 1, pages 11-46, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-00876-6_1
    DOI: 10.1007/978-1-349-00876-6_1
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    Citations

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    Cited by:

    1. Ronald Bodkin, 1999. "Women's Agency In Classical Economic Thought: Adam Smith, Harriet Taylor Mill, And J. S. Mill," Feminist Economics, Taylor & Francis Journals, vol. 5(1), pages 45-60.
    2. Drakopoulos, Stavros A. & Karayiannis, Anastassios, 1999. "Mainstream Consumer Theory: Delay, Acceptance and History Texts," MPRA Paper 15434, University Library of Munich, Germany.
    3. Salerno Joseph T., 2001. "The Neglect of Bastiat's School by English-Speaking Economists: A Puzzle Resolved," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 11(2), pages 1-45, June.
    4. Hanappi, Hardy, 2014. "Schumpeter and Goodwin," MPRA Paper 59932, University Library of Munich, Germany.
    5. Drakopoulos, Stavros A., 2007. "Normative Issues In Marginalism: The Case Of P. Wicksteed," MPRA Paper 6684, University Library of Munich, Germany.
    6. Samuel Hollander, 2001. "Malthus and Classical Economies : The Malthus-Ricardo Relationship," Cahiers d'Économie Politique, Programme National Persée, vol. 38(1), pages 11-23.
    7. Bacon, Charley Arthur, II, 1992. "The abstinence theory of Nassau Senior and its critique by Eugen Von Bohm Bawerk," ISU General Staff Papers 1992010108000017589, Iowa State University, Department of Economics.

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