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Samuelson and Neoclassical Economics pp 202–243Cite as

Samuelson and the Age after Keynes

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Part of the book series: Recent Economic Thought ((RETH,volume 1))

Abstract

Much could be said about the major themes and philosophical perceptions that reappear periodically in the history of economic ideas and condition the vision and conceptions of the economic process and mechanism. For the purposes of this essay, I would like to single out in broad contours: (1) the tendency to focus on the beneficial effects of competitive laissez-faire and defects of government intervention and (2) the tendency to focus on market failures and on the need for “something more” than the market. Economists evincing either of these tendencies fall into two distinct groups, but even within a group they differ sharply on many aspects of the discipline.

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Feiwel, G.R. (1982). Samuelson and the Age after Keynes. In: Feiwel, G.R. (eds) Samuelson and Neoclassical Economics. Recent Economic Thought, vol 1. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-7377-0_14

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