Overview

This book, set out over three-volumes, provides a comprehensive history of economic thought in the 20th century with special attention to the cultural and historical background in the development of theories, to the leading or the peripheral research communities and their interactions, and finally to an assessment and critical appreciation of economic theories. Volume II addresses economic theory in the period between the two world wars in which the economic theory went through a process of criticism of old mainstream, deconstruction and reconstruction and theoretical ferment which involved the intellectual communities of economists emphasizing their nature of evolving interacting entities. This work provides a significant and original contribution to the history of economic thought and gives insight to the thinking of some of the major international figures in economics. It will appeal to students, scholars and the more informed reader wishing to further their understanding of the history of the discipline.

Full Product Details

Author:   Roberto Marchionatti
Publisher:   Springer Nature Switzerland AG
Imprint:   Springer Nature Switzerland AG
Edition:   1st ed. 2021
Weight:   0.733kg
ISBN:  

9783030809867

ISBN 10:   3030809862
Pages:   428
Publication Date:   14 September 2021
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   Manufactured on demand  
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Table of Contents

1 Introduction1.1     The Historical Scenario: Capitalism in Crisis1.2     Economic Theory between the Two World Wars: Dealing with New Problems and New Theoretical Challenges1.3     The Map of Economic Theory between the two World Wars2   Economics in Cambridge and Oxford in the Age of John Maynard Keynes2.1     Prologue. Between the Old and the New Cambridge School2.2     Arthur C. Pigou and Marshallian Economics in the 1920s and its decline2.3     John Maynard Keynes (1883-1946)2.4     The New Cambridge School: Keynes’s close circle (Richard Kahn, 1905-1999; Austin Robinson, 1897-1993; Joan Robinson, 1903-1983) and their Fellow-Travelers (Piero Sraffa, 1898-1983; Maurice Dobb, 1900-1976; Michał Kalecki, 1899-1970; and Roy Harrod, 1900-1978)2.5     Critical Developments in Oxford: the Oxford Economists’ Research Group3   Economics in London: the London School of Economics (LSE)3.1    Prologue: LSE under Robbins’s leadership3.2    Lionel Robbins (1898-1984)3.3    Friedrich August von Hayek (1899-1992), the LSE Years3.4    John Hicks (1904-1989), between LSE and Cambridge3.5 Abba Ptachya Lerner (1902-1982), the LSE Years4    Economics in Berlin, Vienna and Other Minor German Centers4.1    Prologue4.2    Economics in Berlin, I: the development of a classical conception of general economic equilibrium in Bortkiewicz’s circle: Robert Remak (1888-1942) and the young Wassily Leontief (1905-1999)4.3   Economics in Cologne and Berlin, II: the analysis of oligopolistic market forms by Heinrich von Stackelberg (1905-1946)4.4    Economics in Minor German Centers: Kiel and Freiburg4.5    Economics in Vienna. I. Ludwig von Mises (1881-1973) and the Neo-Austrian School4.6    Economics in Vienna. II. Oskar Morgenstern (1902-1977), a “reluctant Austrian”4.7 Economics in Vienna, III. Carl Menger’s “second edition” of the Grundsätze, 1923. A note4.8 Economics in Vienna. IV. Philosophy, Economics and Mathematics in the Wiener Kries and in the Mathematische Kolloquium5         Economics in the Rest of Europe5.1 Introduction5.2 New Developments in the Northern European Countries, I. Economics in Sweden: Gunnar Myrdal (1898-1987) and the Stockholm School5.3    New Developments in the Northern European Countries, II. Ragnar Frisch (1895-1974) in Oslo, Jan Tinbergen (1903-1994) in Rotterdam and the Birth of the Econometric Movement between Europe and the United States5.4          Economics in France, Italy and the USSR6  Economics in the United States: New York, Harvard, Chicago and Princeton6.1    Prologue6.2    Economics in New York: Columbia and the ‘New School for Social Research’, and the leadership of Wesley Mitchell (1874-1948)6.3          Economics at Harvard: Development of a Great Intellectual Community6.4          Economics in Chicago: a “Mixed Bag”6.5          Economics at Princeton: John von Neumann, Oscar Morgenstern and the birth of game theory7   Great Controversies7.1   The Controversy on Marshall and the Marshallian Orthodoxy in England and the US in the 1920s7.2    The socialist calculation debate, 1919-19407.3    The Keynes-Tinbergen controversy on econometric method8 Between the Two World Wars: The Years of High Theory?

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Author Information

Roberto Marchionatti is Professor of Economics, University of Torino, and Fellow of the Accademia delle Scienze di Torino. He has been Visiting Scholar at the Universities of New York and Cambridge. He is the editor of Annals of Fondazione Luigi Einaudi: An Interdisciplinary Journal of Economics, History and Political Science.

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