Abstract
The history of American economics following the founding of the American Economic Association in 1885 is not a simple linear narrative of the triumph of neoclassical economics over historical economics. On the contrary, American economics remained a highly plural enterprise until the 1930s. Although there was strife in the 1880s over the proper method of doing economic research, this strife quickly gave way to a long period of détente. Only following the secularization of economics in the 1920s and the advent of the synthesis of neoclassical and Keynesian economics in the 1940s did this pluralism end.
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Bateman, B.W. (2018). United States, Economics in (1885–1945). In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_2676
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DOI: https://doi.org/10.1057/978-1-349-95189-5_2676
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