Table of Contents

Handbook on the History of Economic Analysis Volume III

Handbook on the History of Economic Analysis Volume III

Developments in Major Fields of Economics

Edited by Gilbert Faccarello and Heinz D. Kurz

Volume III contains entries on the development of major fields in economics from the inception of systematic analysis until modern times. The reader is provided with succinct summary accounts of the main problems, the methods used to address them and the results obtained across time. The emphasis is on both the continuity and the major changes that have occurred in the economic analysis of problematic issues such as economic growth, income distribution, employment, inflation, business cycles and financial instability. Each Handbook can be read individually and acts as a self-contained volume in its own right. It can be purchased separately or as part of a three-volume set.

Chapter 28: Methods in the history of economic thought

José Luís Cardoso

Subjects: economics and finance, history of economic thought

Extract

The practitioners of the history of economic thought engage frequently in discussion on issues relating to its subject-matter and method. It is because those who study this discipline like to feel firm ground beneath their feet that retrospective overviews and prospective considerations are presented cyclically, expressing concerns and hopes about the present and future situation of this field of knowledge. The places normally chosen for this purpose are the conferences promoted by the main international academic associations and scientific societies that each year bring together the members of this community. The testimonies of Donald Winch (2000), Heinz D. Kurz (2006) and E. Roy Weintraub (2007) are a clear illustration of this type of exhortation, while at the same time revealing quite different commitments and distinct ways of conceiving the existence of the history of economic thought or the history of economics. This contribution will be precisely devoted to clarify the methodological distinctions as well as the plurality and complementarity of methods practiced by historians of economic thought. Despite their differences of content and style, these approaches come together in their unequivocal defence of the rights acquired by a discipline that has already found a direction and sets great store in discussing its identity. Therefore, the next section will briefly refer to the key ontological question of the actual object itself that affords both autonomy and identity to this academic endeavour of revisiting the past of economics. Those who engage in the study of a discipline are heirs to an accumulated knowledge whose origins cannot always be precisely identified. In the specific case under consideration here, those studying the history of economic thought, or the history of economics, know that the territory within which they operate has already been ploughed and furrowed by a wide range of different authors and that the history of the discipline is itself frequently confused with the very discipline whose history they seek to discover.

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