First published in 1990, this book presents an original and comprehensive overview of Australian economic thought. The authors stress, by way of introduction, the many important innovative contributions Australian economists have made to thought worldwide. As the argument develops, the work of major figures is discussed in detail in addition to the role of different journals and economic societies.

First published in 1990, this book presents an original and comprehensive overview of Australian economic thought. The authors stress, by way of introduction, the many important innovative contributions Australian economists have made to thought worldwide. As the argument develops, the work of major figures is discussed in detail in addition to the role of different journals and economic societies.

This text provides a history of the post Keynesian approach to economics since 1936. The author locates the origins of these economics in the conflicting interpretations of Keynes' General Theory and in the complementary work of Michael Kalecki.

The marginalist revolution of the late nineteenth century consolidated what Karl Marx and Piero Sraffa called ‘vulgar economy’, bringing with it an emphasis on a scarcity theory that replaced the classical surplus theory. However, the classical political economy of Adam Smith and David Ricardo has been revived within the Cambridge economic tradition. This book looks at how different branches of the Cambridge economic tradition have focused on various aspects of this revival over time. The author shows that classical political economy is distinct from vulgar political economy in terms of its economic, social, and ethical theory, with each difference resting on an issue of ontology. Structured in three parts, the book examines the central contested aspects of these theories, namely the nature of value, the relationship between human beings and social structure, and the nature of human wellbeing. The Cambridge Revival of Political Economy will be relevant to students and researchers within the fields of political economy, history of economic thought, politics and philosophy.

Despite the important methodological critiques of the mainstream offered by heterodox economics, the dominant research method taught in heterodox programmes remains econometrics. This compelling Handbook provides a comprehensive introduction to a range of alternative research methods, invaluable for analysing the data prominent in heterodox studies. Providing a solid basis for a mixed methods approach to economic investigations, the expertly crafted contributions are split into three distinct sections: philosophical foundation and research strategy, research methods and data collection, and applications. Introductions to a host of invaluable methods such as survey, historical, ethnographic, experimental and mixed approaches, together with factor, cluster, complex and social network analytics, are complemented by descriptions of applications in practice. Practical and expansive, this Handbook is highly pertinent for students and scholars of economics, particularly those dedicated to heterodox approaches, as it provides a solid reference for mixed methods not available in mainstream economics research methods courses.

Cambridge University has and continues to be one of the most important centres for economics. With nine chapters on themes in Cambridge economics and over 40 chapters on the lives and work of Cambridge economists, this volume shows how economics became established at the university, how it produced some of the world's best-known economists, including John Maynard Keynes and Alfred Marshall, plus Nobel Prize winners, such as Richard Stone and James Mirrlees, and how it remains a global force for the very best in teaching and research in economics. With original contributions from a stellar cast, this volume provides economists – especially those interested in macroeconomics and the history of economic thought – with the first in-depth analysis of Cambridge economics.

This book provides a study of the forces underlying the development of economic thought at Cambridge University during the late nineteenth century and the first half of the twentieth century. The primary lens it uses to do so is an examination of how Arthur Cecil Pigou’s thinking, heavily influenced by his predecessor, Alfred Marshall, evolved. Aspects of Pigou’s context, biography and philosophical grounding are reconstructed and then situated within the framework of Ludwik Fleck’s philosophy of scientific knowledge, most notably by drawing on the notions of ‘thought styles’ and ‘thought collectives’. In this way, Knight provides a novel contribution to the history of Pigou's economic thought.

In Economics Imperialism and Interdisciplinarity: Before the Watershed, Ben Fine offers a selection of his key articles charting the rise of economics imperialism. Each article is accompanied by a preamble that sets the context in which it appeared, with an overall introduction drawing out the overall significance for contemporary scholarship. Ranging over mainstream and heterodox economics, the disputes between them, the relationship between economics and other disciplines, and thinkers as diverse as Kuhn, Becker and Bourdieu, the collection offers a unique and compelling account of how mainstream economics has both changed dramatically whilst its core and narrow principles have remained as sacrosanct as they are invalid. The volume is imperative for those engaging in political economy across the social sciences.