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The Makers of Modern Economics

Hardback

The Makers of Modern Economics

Volume III

9781858985466 Edward Elgar Publishing
Edited by the late Arnold Heertje, formerly Emeritus Professor of Economics, University of Amsterdam, the Netherlands
Publication Date: 1997 ISBN: 978 1 85898 546 6 Extent: 160 pp
The Makers of Modern Economics Volume III follows on from the two previous volumes in presenting the intellectual development of some of this century’s most influential economists. The first volume in this series was acclaimed by Professor David Audretsch as ‘a unique insight into the thoughts and lives of prominent economists’.

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Critical Acclaim
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The Makers of Modern Economics Volume III follows on from the two previous volumes in presenting the intellectual development of some of this century’s most influential economists. The first volume in this series was acclaimed by Professor David Audretsch as ‘a unique insight into the thoughts and lives of prominent economists’.

In this third volume their careers, education, achievements and views on future research are presented by economists who have made important contributions. The book brings together new original essays by Franklin M. Fisher, Christopher Freeman, Peter Groenewegen, Kelvin J. Lancaster, Martin Shubik and Gordon Tullock.

The Makers of Modern Economics Volume III provides the academic, student and researcher with a fascinating insight into the life and work of some of todays most inspiring economists.
Critical Acclaim
‘. . . the book is well-presented and well-produced.’
– D.A. Reisman, Economic Affairs

‘. . . interesting differences exist among the theorists, Fisher, Lancaster and Shubik. All are brilliant, attractive and interesting people. Heertje is to be congratulated.’
– Warren J. Samuels, Journal of the History of Economic Thought

‘In addition to learning a great deal about the diverse research areas which have occupied these particular authors for a lifetime, I also enjoyed the humour present in several of the essays. For example, Shubik’s definition (p.97) of rational behaviour as “the vaguely perceived local optimization or greed, modified by sloth, constrained by formless fear and justified ex post by rationalization” will definitely be written into my lecture notes! I can assure the reader that this volume contains many other such gems.’
– Brian Snowdon, The Economic Journal
Contributors
Contributors: F.M. Fisher, C. Freeman, P. Groenewegen, K. Lancaster, M. Shubik, G. Tullock
Contents
Contents: Preface 1. Economics Does Have a Useful Past and Yes, History is Important (P. Groenewegen) 2. My Career in Economics: A Hindcast (F.M. Fisher) 3. Welfare, Variety and Economic Modelling (K. Lancaster) 4. Technical Change and Economic Theory (C. Freeman) 5. On the Trail of a White Whale: The Rationalizations of a Mathematical Institutional Economist (M. Shubik) 6. Origins of Public Choice (G. Tullock) Index
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