Review of Famous figures and diagrams in economics , edited by Mark Blaug and Peter Lloyd
نویسنده
چکیده
This thick volume brings together 58 short articles or entries on the theme of diagrammatic exposition in economics. The book is divided into three parts, and is opened by a significant introduction of about twenty pages in which the two editors provide an overview of the general spirit in which the book was conceived and produced, as well as a short history of the use of figures and diagrams in economics. In the latter, they give some insights into periods—that is, basically, pre-1870—that are not covered in the book, which focuses on modern economics. Following the introduction, there is an interesting appendix that lists curves/diagrams in chronological order of their “discovery”, together with the name of the first economist to draw them (pp. 20-23). Part I discusses figures used in a partial equilibrium setting and makes up about half the entries (28/58). These are in turn separated into three themes: “basic tools of demand and supply curve analysis”, “welfare economics”, and “special markets and topics”. Part II is centred on “general equilibrium analysis” (17 entries) and divided into the themes of “basic tools” and “open economies” (i.e., international trade theory). Part III explores figures used in macroeconomic theory (13 entries). The first theme is “macroanalysis and stabilization”—a title which I found slightly awkward for entries that are almost all (8/9) dedicated to macroeconomic equilibrium diagrams of one kind or another. The second theme is “growth, income distribution and other topics”. Reading this book certainly provides interesting insights on a number of aspects related to the use of geometry in modern economics. However, as an historian of economics who has developed an interest in
منابع مشابه
Editorial : special issue in honour of Mark Blaug
Mark Blaug used to begin his history of economics course with an old Greek proverb: “the fox knows many little things, but the hedgehog knows one big thing”. He would then say that one could characterise most thinkers in the history of economic thought as either a fox or a hedgehog. As a student, I found that this character-driven view illuminated past economists’ theories in a fresh way and br...
متن کاملMark Blaug on the historiography of economics
This paper discusses how Mark Blaug reversed his thinking about the historiography of economics, abandoning ‘rational’ for ‘historical’ reconstruction, and using an economics of scientific knowledge argument against Paul Samuelson and others that rational reconstructions of past ideas and theories in the “marketplace of ideas” were Pareto inefficient. Blaug’s positive argument for historical re...
متن کاملMultilateralism is in Crisis [1]
There is a crisis in multilateralism. No major new binding rules relating to international commerce have come into force in more than 20 years. Demands by some nations for rules in new areas are not being met. The negotiations in the WTO of trade rules and the negotiations under the UN Framework Convention on Climate Change to devise rules restricting the annual emissions of greenhouse ga...
متن کاملA 2x2=4 hobbyhorse: Mark Blaug on rational and historical reconstructions
Over time, Mark Blaug became increasingly sceptical of the merits of the approach to the history of economics that we find in his magnum opus, Economic theory in retrospect, first published in 1962, and increasingly leaned to favour ‘historical’ over ‘rational’ reconstructions. In this essay, I discuss Blaug’s shifting historiographical position, and the changing terms of historiographical deba...
متن کاملReview of “Computer-Assisted and Web-Based Innovations in Psychology, Special Education, and Health” edited by James K. Luiselli & Aaron J. Fischer
Computer-Assisted and Web-Based Innovations in Psychology, Special Education, and Health edited by James K. Luiselli & Aaron J. Fischer. London & San Diego: Academic Press, 2016. 408pp., $74.95 (hardcover), ISBN 9780128020753
متن کامل