The Heart of Teaching Economics
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The Heart of Teaching Economics

Lessons from Leading Minds

Simon W. Bowmaker

This unique monograph comprises a collection of interviews conducted face-to-face with leading economists at universities throughout the United States. Presented with the singular opportunity to reflect on and share their wisdom and experience, the 21 interviewees discuss how they interpret, understand and practice their role as teachers. In addition to providing lessons that will inform the way others teach, the interviews shatter the illusion that teaching and research are strictly independent and competing activities.
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Chapter 8: History of Economic Thought

Steven Medema


Steven Medema Steven Medema was born in Muskegon, Michigan in 1963 and obtained his BA in economics at Calvin College in 1985 and his MA and PhD in economics from Michigan State University in 1987 and 1989 respectively. He joined the Department of Economics at the University of Colorado Denver in 1989 as an Assistant Professor of Economics and has remained there ever since, currently serving as Professor of Economics and President’s Teaching Scholar. At UC Denver, Professor Medema teaches undergraduate courses in Principles of Microeconomics, Intermediate Microeconomics, History of Economic Thought, Law and Economics, Public Finance, and Economic Policy Analysis, and a graduate course in Microeconomic Theory. UC Denver’s College of Liberal Arts and Sciences awarded him its Teaching Excellence Award in 1992 and 2006. His research interests include the history of economic thought, law and economics, and public economics. His articles have been published in journals such as the History of Political Economy, Journal of History of Economic Thought, Journal of Public Economics, American Journal of Economics and Sociology, and Economics and Philosophy, among others. Professor Medema’s books include, The Hesitant Hand: Taming SelfInterest in the History of Economic Ideas (Princeton University Press, 2009), Economics and the Law: From Posner to Post Modernism and 139 M2372 - BOWMAKER TEXT.indd 139 29/9/10 11:36:34 140 The heart of teaching economics Beyond (Princeton University Press, 2nd edition, 2006), co-authored with Nicholas Mercuro, and Foundations of Research in Economics: How Do Economists Do Economics? (Edward Elgar Publishing, 1996), co-edited with...

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