Steven G. Medema

This richly illustrated, authoritative collection presents 250 crucial moments in economics, from the philosophical dialogues of Ancient Greece and the moral contemplations of Medieval Europe to Reaganomics and cryptocurrency. Examining the full gamut of subjects, these engaging essays will captivate you with a bird's-eye view of the development of the world's markets, what has shaped and affected them, and what drives them today.

From Xenophon to Cryptocurrency, 250 Milestones in the History of Economics

The Economics Book

Economics Book

Tiago Mata

The Economist as Public Intellectual examines the power of individual economists to intervene in public affairs and argues that economists' public interventions have had profound consequences for both the structure and the content of the public sphere. Focusing on the encounters between economists and their publics in the United Kingdom and the United States, the essays in this volume demonstrate how publicity served different purposes in the evolving configurations of academe, business, government, and media during the twentieth century. The economists discussed include Gary Becker, Milton Friedman, John Kenneth Galbraith, and John Maynard Keynes. This volume concludes with a timely examination of economists' reaction to the current financial downturn. Subscribers to History of Political Economy will receive a copy of The Economist as Public Intellectual. Tiago Mata is Senior Research Associate in the Department of History and Philosophy of Science at the University of Cambridge. Steven G. Medema is Professor of Economics at the University of Colorado at Denver.

The Economist as Public Intellectual

Nicholas Mercuro

This is an expanded second edition of Nicholas Mercuro and Steven Medema's influential book Economics and the Law, whose publication in 1998 marked the most comprehensive overview of the various schools of thought in the burgeoning field of Law and Economics. Each of these competing yet complementary traditions has both redefined the study of law and exposed the key economic implications of the legal environment. The book remains true to the scope and aims of the first edition, but also takes account of the field's evolution. At the book's core is an expanded discussion of the Chicago school, Public Choice Theory, Institutional Law and Economics, and New Institutional Economics. A new chapter explores the Law and Economics literature on social norms, today an integral part of each of the schools of thought. The chapter on the New Haven and Modern Civic Republican approaches has likewise been expanded. These chapters are complemented by a discussion of the Austrian school of Law and Economics. Each chapter now includes an "At Work" section presenting applications of that particular school of thought. By providing readers with a concise, noncritical description of the broad contours of each school, this book illuminates the fundamental insights of a field with important implications not only for economics and the law, but also for political science, philosophy, public administration, and sociology.

From Posner to Postmodernism and Beyond - Second Edition

Economics and the Law

Katia Caldari

Marco Dardi

Tiziano Raffaelli (Pisa 1950) was a widely esteemed scholar in the field of the history and methodology of economics, who died suddenly in January 2016 while still in the midst of working and of developing projects for new lines of research. He was a philosopher of science by formation and a historian of economic ideas by professional choice, with interests covering a vast area, ranging from the 18th to the 20th century and from Europe to the US. Where he left an indelible mark, however, was in his interpretation of Alfred Marshall’s economic theory and its reverberations through Keynes on the one hand, and the Cambridge school of industrial economics on the other. Raffaelli’s research in this field offered a completely new view of the core and meaning of Marshall’s work and of its relevance for 21st century social scientists. In the process, it stimulated a new and fruitful research program in Marshallian economics. This volume consists of two parts. The first is devoted to illustrating the above-mentioned changes in the understanding of Marshallian economics and Raffaelli’s role in bringing them about. The second part offers a collection of essays documenting some more recent developments in fields related to Marshall and his influence, including welfare economics and industrial organization, Marshall’s legacy in Cambridge economics, the Chicago school, and beyond. The contributors to this volume range from leading senior scholars in the field to exceptional young scholars, and their contributions illustrates a myriad of ways in which the “new view” of Marshall inspired by Raffaelli’s work influences our understanding of the history of economics from the late 19th century onward. This book will be of international interest to scholars working in the history of economic thought, and will also appeal to philosophers of science, methodologists, intellectual historians, and those who specialize in industrial organisation.

Steven G. Medema

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