Some Contributions to the History of Sociology. Section XI. The Attempt to Reconstruct Classical Economic Theory on the Basis of Comparative Economic History, 1850

1924 ◽  
Vol 29 (4) ◽  
pp. 443-454
Author(s):  
Albion W. Small
Author(s):  
Kurt Dopfer

AbstractEconomic History and History of Economic Thought haven been relegated increasingly from the teaching and research curricula of economics in recent years. The paper starts off arguing that this trend is due to the mechanistic ontology of mainstream economics, and it continues setting out an alternative evolutionary ontology expounding how the historical element must and can be integrated into the body of economic theory. Centre stage is a lingua franca composed of analytical terms that are designed to bridge the domains of theoretical and of historical economic analysis. Economists are viewed in their status as observers whose cognitive dispositions as well as social behaviour co-evolve with the environment they inhabit. Further advances in economic theory are seen as being critically dependent on employing an evolutionary approach and on establishing a communication link to economic history and the history of economic thought which likewise may get essential inspirations from applying that approach.


2012 ◽  
pp. 142-150
Author(s):  
V. Klinov

This is the review of the acclaimed monograph by the famous Norwegian economist Erik Reinert. It is shown that interest in the book is caused by a vivid opposition to the traditional approach of the classical economic theory of lessons of the real history of economic policy. These lessons show that rich countries have become rich due to a combination of targeted state policy, protectionism and strategic investment, rather than free trade, as the "classic" teaches. It was such a policy that guaranteed successful economic development of countries, beginning with the Renaissance and ending with the modern "tigers" of Southeast Asia.


1945 ◽  
Vol 5 (S1) ◽  
pp. 86-92
Author(s):  
Leo Wolman

This paper is a tentative effort to suggest how some of the problems of economic history look to a student of the history of labor policy. In this, as in other areas of economic history, the investigator wants to know what the policies are and how they have worked. To help him answer these questions he has at his disposal familiar tools of inquiry—economic theory or analysis, the evidence of history, and comparative economic experience.


1983 ◽  
Vol 57 (2) ◽  
pp. 165-174 ◽  
Author(s):  
Leslie Hannah

Business history has been a thriving academic industry in Britain for the last three decades. Following some pioneering case studies of Industrial Revolution entrepreneurs by the early giants of the discipline of economic history, the postwar generation has produced a series of high quality company histories. The first of these, published in 1954, was Charles Wilson's history of the Anglo-Dutch multinational Unilever, formed by a merger of Lever Brothers and Margarine Unie in 1929. Wilson's book set the pattern for a high standard of scholarship, resting on complete freedom of access to company archives, and for publication based on scholarly independence rather than the public relations needs of the commissioning organization. If some of its terms of reference now seem dated, and its framework of analysis somewhat unscientific, then that is an indication of the incentive Wilson provided for others to do better, particularly in the use of economic theory and of comparative analysis setting firms in their industrial or international context.


Author(s):  
Edward. J. Nell

AbstractThis paper reconstructs and modernises a Marx-based theory of the transformation of feudalism into capitalism, using a combination of history of economic thought and economic history. It tries to revive and reinterpret the theory of value in a historical context and to show how it may be used, in parallel with a historical description of the transformation of institutions, in order to capture a qualitative change of the economic system.


Author(s):  
John H. Coatsworth ◽  
William R. Summerhill

This article on economic history explores a scholarly corpus whose robust empiricism stands out from the general antipositivist trends in the historical field and thus contributes a healthy element of disciplinary pluralism. The field originally rested on two pillars, neoclassical economic theory and cliometrics—that is, the use of quantitative methods, models from applied economics, and counterfactuals to test falsifiable hypotheses. But, inspired by the work of scholars such as the Nobel laureate Douglass North, recent practitioners have added a “new institutionalism” that aims to incorporate an increased sensibility towards cultural norms.


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