Cowles in the History of Economic Thought
نویسنده
چکیده
The topic of this paper immediately raises a serious methodological question: In what sense can we isolate the contribution of any individual or institution in the development of economic analysis? This is but one example of a fundamental logical problem that applies to the study of all history, that is, the difficulty of the counterfactual. For when you ask, “What is the influence of A (an event, an individual, an idea) on subsequent history?,” you mean to ask what would have happened had A not been there. There is no immediately apparent way to proceed to answer that question. Every now and then historians debate the meaning of interpretation; in recent years the so-called new economic history has been filled with controversy over just such issues.
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