ACOMPANIONTOTHEHISTORYOFECONOMICTHOUGHTBlackwellCompanionstoContemporaryEconomicsTheBlackwellCompanionstoContemporaryEconomicsarereferencevolumesaccessibletoseriousstudentsandyetalsocontainingup-to-datematerialfromrecognizedexpertsintheirparticularfields.Thesevolumesfocusonbasicbread-and-butterissuesineconomicsaswellaspopularcontemporarytopicsoftennotcoveredintextbooks.Coverageavoidstheoverlytechnical,isconcise,clear,andcomprehensive.EachCompanionfeaturesanintroductoryessaybytheeditor,extensivebibliographicalreferencesections,andanindex.1ACompaniontoTheoreticalEconometricseditedbyBadiH.Baltagi2ACompaniontoEconomicForecastingeditedbyMichaelP.ClementsandDavidF.Hendry3ACompaniontotheHistoryofEconomicThoughteditedbyWarrenJ.Samuels,JeffE.Biddle,andJohnB.DavisACompaniontotheHistoryofEconomicThoughtEditedbyWARRENJ.SAMUELS,JEFFE.BIDDLEMichiganStateUniversityJOHNB.DAVISMarquetteUniversity,Wisconsin©2003byBlackwellPublishingLtdexceptforeditorialmaterialandorganization©2003byWarrenJ.Samuels,JeffE.Biddle,andJohnB.Davis350MainStreet,Malden,MA02148-5018,USA108CowleyRoad,OxfordOX41JF,UK550SwanstonStreet,CarltonSouth,Melbourne,Victoria3053,AustraliaKurfürstendamm57,10707Berlin,GermanyTherightofWarrenJ.Samuels,JeffE.Biddle,andJohnB.DavistobeidentifiedastheAuthorsoftheEditorialMaterialinthisWorkhasbeenassertedinaccordancewiththeUKCopyright,Designs,andPatentsAct1988.Allrightsreserved.Nopartofthispublicationmaybereproduced,storedinaretrievalsystem,ortransmitted,inanyformorbyanymeans,electronic,mechanical,photocopying,recordingorotherwise,exceptaspermittedbytheUKCopyright,Designs,andPatentsAct1988,withoutthepriorpermissionofthepublisher.Firstpublished2003byBlackwellPublishingLtdLibraryofCongressCataloging-in-PublicationDataSamuels,WarrenJ.,1933–Acompaniontothehistoryofeconomicthought/editedbyWarrenJ.Samuels,JeffE.BiddleandJohnB.Davis.p.cm.Includesbibliographicalreferencesandindex.ISBN0-631-22573-0(hbk:alk.paper)1.Economics–History.2.Economics–Historiography.I.Biddle,Jeff.II.Davis,JohnBryan.III.Title.HB75.S292003330.1–dc212002151895AcataloguerecordforthistitleisavailablefromtheBritishLibrary.Setin10/12ptBookAntiquebyGraphicraftLimited,HongKongPrintedandboundintheUnitedKingdombyTJInternational,Padstow,CornwallForfurtherinformationonBlackwellPublishing,visitourwebsite:(1723–1790):TheoriesofPoliticalEconomy94AndrewS.SkinnerviCONTENTS8ClassicalEconomics112DenisP.O’Brien9Post-RicardianBritishEconomics,1830–1870130SandraJ.PeartandDavidM.Levy10KarlMarx:HisWorkandtheMajorChangesinitsInterpretation148GeertReuten11TheSurplusInterpretationoftheClassicalEconomists167HeinzD.Kurz12Non-MarxianSocialism184J.E.King13UtopianEconomics201WarrenJ.Samuels14HistoricalSchoolsofEconomics:GermanandEnglish215KeithTribe15AmericanEconomicsto1900231WilliamJ.Barber16EnglishMarginalism:Jevons,Marshall,andPigou246PeterGroenewegen17TheAustrianMarginalists:Menger,Böhm-Bawerk,andWieser262StevenHorwitz18EarlyGeneralEquilibriumEconomics:Walras,Pareto,andCassel278DonaldA.Walker19The“First”ImperfectCompetitionRevolution294MariaCristinaMarcuzzo20TheStabilizationofPriceTheory,1920–1955308RogerE.Backhouse21InterwarMonetaryandBusinessCycleTheory:MacroeconomicsbeforeKeynes325RobertW.Dimand22KeynesandtheCambridgeSchool343G.C.HarcourtandPrueKerr23AmericanInstitutionalEconomicsintheInterwarPeriod360MalcolmRutherford24PostwarNeoclassicalMicroeconomics377S.AbuTurabRizvi25TheFormalistRevolutionofthe1950s395MarkBlaug26AHistoryofPostwarMonetaryEconomicsandMacroeconomics411KevinD.Hoover27TheEconomicRoleofGovernmentintheHistoryofEconomicThought428StevenG.Medema28PostwarHeterodoxEconomics445ATheAustrianSchoolofEconomics:1950–2000445PeterJ.BoettkeandPeterT.LeesonBFeministEconomics454JanetA.SeizCInstitutionalEconomics462GeoffreyM.HodgsonDPostKeynesianEconomics471SheilaC.DowERadicalPoliticalEconomy479BrucePietrykowskiPARTIIHISTORIOGRAPHY29Historiography491MatthiasKlaes30TheSociologyofEconomicsandScientificKnowledge,andtheHistoryofEconomicThought507A.W.BobCoats31Exegesis,Hermeneutics,andInterpretation523RossB.Emmett32TextualityandtheHistoryofEconomics:IntentionandMeaning538VivienneBrown33MathematicalModelingasanExegeticalTool:RationalReconstruction553A.M.C.Waterman34EconomicMethodologysinceKuhn571JohnB.Davis35BiographyandtheHistoryofEconomics588D.E.Moggridge36EconomicsandEconomistsinthePolicyProcess606CraufurdD.W.Goodwin37TheInternationalDiffusionofEconomicThought622JoséLuísCardoso38TheHistoryofIdeasandEconomics634MarkPerlmanCONTENTSvii39ResearchintheHistoryofEconomicThoughtasaVehiclefortheDefense