Skip to main content

History of Economic Thought

  • Reference work entry
  • First Online:
The New Palgrave Dictionary of Economics

Abstract

Attention was paid to the history of economic thought (HET) by pioneers of economics such as Dupont de Nemours and Adam Smith. Classical economists like J.R. McCulloch in the 19th century used HET to establish a canon of economic literature, and their successor marginalists such as William Stanley Jevons to demonstrate progress in the subject. From the First World War until the 1960s, leading economists, from Jacob Viner to Wesley Mitchell, employed HET to cast light on current research. In the 1970s HET became a separate sub-discipline with its own periodicals and meetings. The number of scholars who worked in HET did not decline, even though the major research and postgraduate training centres lost interest.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 6,499.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book
USD 8,499.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Bibliography

  • Ashley, W.J. 1894. An introduction to english economic history and theory. 3rd edn. London: Longmans Green.

    Google Scholar 

  • Backhouse, R.E. 2000. Early histories of economic thought 1824–1914. London: Routledge.

    Google Scholar 

  • Backhouse, R.E. 2004. History of economics, economics and economic history in Britain, 1824–2000. European Journal of the History of Economic Thought 11: 107–124.

    Article  Google Scholar 

  • Barber, W. 1967. A history of economic thought. New York: Penguin.

    Google Scholar 

  • Blanqui, A. 1837. Histoire de L’Economie Politique. Paris: Guillamin.

    Google Scholar 

  • Blaug, M. 1962. Economic theory in retrospect. Homewood: Irwin.

    Google Scholar 

  • Blaug, M. 1991. The historiography of economics. Aldershot: Edward Elgar.

    Google Scholar 

  • Böhm-Bawerk, E.V. 1973. The Austrian economists. In Dictionary of the history of ideas, ed. P. Wiener. New York: Charles Scribner’s Sons.

    Google Scholar 

  • Brems, H. 1986. Pioneering economic theory, 1630–1980. Baltimore: Johns Hopkins University Press.

    Google Scholar 

  • Caldwell, B. 2004. Hayek’s challenge. Chicago: University of Chicago Press.

    Google Scholar 

  • Cannan, E. 1917. A history of the theories of production and distribution in english political economy 1776–1848, 1994. Bristol: Thoemmes.

    Google Scholar 

  • Cole, A.H. 1957. The historical development of economic and business literature. Boston: Harvard Graduate School of Business Administration.

    Google Scholar 

  • Cossa, L. 1876. Guida allo studio delleconomica politica. Milano: Ulrico Hoepli. (Eng. trans. 1880.)

    Google Scholar 

  • Cournot, A. 1897. Researches into the mathematical principles of the theory of wealth, 1963. Homewood: Irwin.

    Google Scholar 

  • Du Pont De Nemours. 1768. De L’Origine et des progrès d’une science nouvelle, 1910. Paris: Geuthner.

    Google Scholar 

  • Eckland, R.B., and R.F. Hebert. 1975. A history of economic theory and method. New York: McGraw-Hill.

    Google Scholar 

  • Gide, P.H.C., and C. Rist. 1909. Histoire des doctrines économiques. Paris: L. Larose and L. Tenin.

    Google Scholar 

  • Gray, A. 1931. The development of economic doctrine. London: Longmans Green.

    Google Scholar 

  • Gronewegen, P.D. 1995. A soaring eagle. London: Edward Elgar.

    Google Scholar 

  • Haberler, G. 1937. Prosperity and depression. Geneva: League of Nations.

    Google Scholar 

  • Haney, L. 1911. History of economic thought. New York: Macmillan.

    Google Scholar 

  • Heilbroner, R. 1953. The worldly philosophers. New York: Simon and Schuster.

    Google Scholar 

  • Hicks, J.R. 1939. Value and capital. Oxford: Clarendon Press.

    Google Scholar 

  • Hollander, S. 1973. The economics of Adam Smith. Toronto: University of Toronto Press.

    Google Scholar 

  • Hollander, S. 1979. The economics of David Ricardo. Toronto: University of Toronto Press.

    Google Scholar 

  • Hollander, S. 1985. The economics of John Stuart Mill. Toronto: University of Toronto Press.

    Google Scholar 

  • Hollander, S. 1996. The economics of Thomas Robert Malthus. Toronto: University of Toronto Press.

    Google Scholar 

  • Ingram, J.K. 1888. A history of political economy, with a preface by E.J. James. New York: Macmillan.

    Google Scholar 

  • Jevons, W.S. 1871. The theory of political economy, 1965. New York: Augustus M. Kelley.

    Google Scholar 

  • Keynes, J.M. 1919. Economic consequences of the peace, 1920. New York: Harcourt Brace.

    Google Scholar 

  • Klein, J. 1997. Statistical visions in time. Cambridge: Cambridge University Press.

    Google Scholar 

  • Knight, F. 1956. On the history and method of economics. Chicago: University of Chicago Press.

    Google Scholar 

  • Knight, F. 1973. Economic history. In Dictionary of the history of ideas, ed. P. Wiener. New York: Charles Scribner’s Sons.

    Google Scholar 

  • Kuhn, T.S. 1962. The structure of scientific revolutions. Chicago: University of Chicago Press.

    Google Scholar 

  • Lakatos, I., and A. Musgrave. 1970. Criticism and the growth of knowledge. Cambridge: Cambridge University Press.

    Book  Google Scholar 

  • Landreth, H. 1976. History of economic thought. Boston: Houghton Mifflin.

    Google Scholar 

  • Marget, A.W. 1938–1942. The theory of prices. New York: Prentice-Hall.

    Google Scholar 

  • Marshall, A. 1920. Principles of economics. 8th edn, 1964. London: Macmillan.

    Google Scholar 

  • McCloskey, D. 1998. The rhetoric of economics. 2nd edn. Madison: University of Wisconsin Press.

    Google Scholar 

  • McCulloch, J.R. 1825. The principles of political economy, 1830. London: William.

    Google Scholar 

  • McCulloch, J.R. 1845. The literature of political economy, 1938. London: London School of Economics and Political Science.

    Google Scholar 

  • Menger, C. 1950. Principles of economics. Trans. and ed. J. Dingwall and B.F. Hoselitz. Glencoe: Free Press.

    Google Scholar 

  • Mill, J.S. 1848. In Principles of political economy, ed. W.J. Ashley, 1909. London: Longmans.

    Google Scholar 

  • Mirowski, P. 1989. More heat than light. Cambridge: Cambridge University Press.

    Book  Google Scholar 

  • Mitchell, W.C. 1967. Types of economic theory. New York: Augustus M. Kelley.

    Google Scholar 

  • Moggridge, D. 1992. Maynard Keynes: An economist’s biography. New York: Routledge.

    Google Scholar 

  • Morgan, M. 1990. The history of econometric ideas. Cambridge: Cambridge University Press.

    Book  Google Scholar 

  • Niehans, J. 1990. A history of economic theory. Baltimore: Johns Hopkins University Press.

    Google Scholar 

  • Price, L.L. 1891. A short history of political economy in England, from Adam Smith to Arnold Toynbee. London: Methuen.

    Google Scholar 

  • Rima, I. 1967. Development of economic analysis. Homewood: R.D. Irwin.

    Book  Google Scholar 

  • Samuelson, P.A. 1947. Foundations of economic analysis. Cambridge, MA: Harvard University Press.

    Google Scholar 

  • Schumpeter, J.A. 1954. History of economic analysis. New York: Oxford University Press.

    Google Scholar 

  • Senior, N. 1827. An introductory lecture on political economy. London: J. Mawman.

    Google Scholar 

  • Sent, E.-M. 1998. The evolving rationality of rational expectations. Cambridge: Cambridge University Press.

    Book  Google Scholar 

  • Smith, A. 1776. An inquiry into the nature and causes of the wealth of nations, 1976. Oxford: Clarendon.

    Google Scholar 

  • Spengler, J.J. 1942. French predecessors of Malthus. Durham, NC: Duke University Press.

    Google Scholar 

  • Spiegel, H. 1971. The growth of economic thought. Durham, NC: Duke University Press.

    Google Scholar 

  • Stark, W. 1994. History and historians of political economy. New Brunswick: Transaction.

    Google Scholar 

  • Stigler, G.J. 1941. Production and distribution theories, 1870 to 1895. New York: Macmillan.

    Google Scholar 

  • Strachey, L. 1918. Eminent victorians. London: Chatto and Windus.

    Google Scholar 

  • Twiss, T. 1847. View of the progress of political economy in Europe since the sixteenth century. London: Longman.

    Google Scholar 

  • Villeneuve-Bargemont, J.-P.-A. 1841. Histoire de l’économie politique. Paris: Guillaumin.

    Google Scholar 

  • Viner, J. 1937. Studies in the theory of international trade, 1955. London: George Allen and Unwin.

    Google Scholar 

  • Weintraub, E.R., ed. 2002a. The future of the history of economics. Durham, NC: Duke University Press.

    Google Scholar 

  • Weintraub, E.R. 2002b. How economics became a mathematical science. Durham, NC: Duke University Press.

    Book  Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Editor information

Copyright information

© 2018 Macmillan Publishers Ltd.

About this entry

Check for updates. Verify currency and authenticity via CrossMark

Cite this entry

Goodwin, C.D. (2018). History of Economic Thought. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_2624

Download citation

Publish with us

Policies and ethics