RESEARCH IN THE HISTORY OF
ECONOMIC THOUGHT AND
METHODOLOGY
A Research Annual
RESEARCH IN THE HISTORY OF
ECONOMIC THOUGHT AND
METHODOLOGY
Series Editors: Warren J. Samuels, Jeff E. Biddle,
Ross B. Emmett and
Marianne Johnson
Recent Volumes:
Volume 24A:
Research in the History of Economic Thought and
Methodology: A Research Annual; Warren J. Samuels,
Jeff E. Biddle and Ross B. Emmett; 2006
Volume 24B:
Research in the History of Economic Thought and
Methodology: Further Documents from F. Taylor Ostrander;
Warren J. Samuels; 2006
Volume 24C:
Research in the History of Economic Thought and
Methodology: Documents From and On Economic
Thought; Warren J. Samuels; 2006
Volume 25A: Research in the History of Economic Thought and
Methodology: A Research Annual; Warren J. Samuels,
Jeff E. Biddle and Ross B. Emmett; 2007
Volume 25B:
Research in the History of Economic Thought and
Methodology: Documents From The History of Economic
Thought; Warren J. Samuels; 2007
Volume 25C:
Research in the History of Economic Thought and
Methodology: Further Documents From The History Of
Economic Thought; Warren J. Samuels; 2007
Volume 26A: Research in the History of Economic Thought and
Methodology: A Research Annual; Warren J. Samuels,
Jeff E. Biddle and Ross B. Emmett; 2008
Volume 26B:
Research in the History of Economic Thought and
Methodology: Further Documents From F. Taylor
Ostrander; 2008
Volume 26C:
Research in the History of Economic Thought and
Methodology: Further Documents From and On The
History Of Economic Thought; Warren J. Samuels,
Marianne Johnson and Kirk Johnson; 2008
RESEARCH IN THE HISTORY OF ECONOMIC THOUGHT
AND METHODOLOGY VOLUME 27-A
RESEARCH IN THE HISTORY
OF ECONOMIC THOUGHT
AND METHODOLOGY
A Research Annual
EDITED BY
WARREN J. SAMUELS
Department of Economics, Michigan State University,
East Lansing, MI 48824, USA
JEFF E. BIDDLE
Department of Economics, Michigan State University,
East Lansing, MI 48824, USA
ROSS B. EMMETT
James Madison College, Michigan State University,
East Lansing, MI 48825, USA
United Kingdom – North America – Japan
India – Malaysia – China
JAI Press is an imprint of Emerald Group Publishing Limited
Howard House, Wagon Lane, Bingley BD16 1WA, UK
First edition 2009
Copyright r 2009 Emerald Group Publishing Limited
Reprints and permission service
Contact: [email protected]
No part of this book may be reproduced, stored in a retrieval system, transmitted in any
form or by any means electronic, mechanical, photocopying, recording or otherwise
without either the prior written permission of the publisher or a licence permitting
restricted copying issued in the UK by The Copyright Licensing Agency and in the USA
by The Copyright Clearance Center. No responsibility is accepted for the accuracy of
information contained in the text, illustrations or advertisements. The opinions expressed
in these chapters are not necessarily those of the Editor or the publisher.
British Library Cataloguing in Publication Data
A catalogue record for this book is available from the British Library
ISBN: 978-1-84855-656-0
ISSN: 0743-4154 (Series)
Awarded in recognition of
Emerald’s production
department’s adherence to
quality systems and processes
when preparing scholarly
journals for print
CONTENTS
LIST OF CONTRIBUTORS
ix
EDITORIAL BOARD
xi
ACKNOWLEDGMENTS
xiii
TWO RELATIONAL CONCEPTIONS OF
INDIVIDUALS: TEAMS AND
NEUROECONOMICS
John B. Davis
1
COMPARING EDITORIAL PROBLEMS: THE
HARROD PAPERS AND THE MAKING OF
HABERLER’S PROSPERITY AND DEPRESSION
Daniele Besomi
23
SMITH’S DEVELOPMENT AS DIDACTIC LECTURER:
EVIDENCE FROM THE LECTURES ON
JURISPRUDENCE
Willie Henderson
53
JACOB VINER’S REMINISCENCES FROM THE NEW
DEAL (FEBRUARY 11, 1953)
Luca Fiorito and Sebastiano Nerozzi
75
v
vi
CONTENTS
DON LAVOIE’S GRADUATE LECTURES ON
COMPARATIVE ECONOMIC SYSTEMS:
GEORGE MASON UNIVERSITY, FALL 1985
Notes taken and edited by David L. Prychitko
137
REVIEW ESSAYS
McCraw’s PROPHET OF INNOVATION
Schumpeter’s Best Move
Arthur M. Diamond, Jr.
207
McCloskey’s THE BOURGEOIS VIRTUES
Two Cheers for McCloskey
Stewart Davenport
225
Dostaler’s KEYNES AND HIS BATTLES
Fighting for the Possibility of Civilization
Scott Newton
235
Baumol, Litan & Schramm’s GOOD CAPITALISM,
BAD CAPITALISM
Capitalism and Economic Growth
Andrea Maneschi
245
Teixeira’s JACOB MINCER and Grossbard’s
JACOB MINCER
Jacob Mincer’s Contributions to Modern
Labor Economics
Bruce E. Kaufman
255
Hatton, O’Rourke, and Taylor’s NEW COMPARATIVE
ECONOMIC HISTORY
Cliometrics Goes Comparative
David Mitch
267
Contents
vii
Schonhardt-Bailey’s FROM THE CORN LAWS TO
FREE TRADE
One Case to Rule Them All: Theoretical Synthesis
and the Repeal of the Corn Laws
Robert Pahre
277
Gordon’s POSTMODERNISM AND THE
ENLIGHTENMENT
Meta-Narratives, Enlightenment and Paradox
Willie Henderson
291
Van Overtveldt’s THE CHICAGO SCHOOL
How Should the Rise of the Chicago School
be Explained?
Robert Van Horn
297
Caldwell’s Edition of Hayek’s ROAD TO SERFDOM
The Servants of Our Own Machinery?
F. A. Hayek’s the Road to Serfdom Revisited
Andrew Farrant
309
This page intentionally left blank
LIST OF CONTRIBUTORS
Daniele Besomi
Independent researcher. C.p. 7, 6950 Gola di
Lago, Switzerland
Stewart Davenport
Department of History, Pepperdine
University, USA
John B. Davis
Department of Economics, University of
Amsterdam, The Netherlands; Department of
Economics, Marquette University, USA
Arthur M. Diamond, Jr.
Department of Economics, University of
Nebraska at Omaha, USA
Andrew Farrant
Department of Economics, Dickinson College,
USA
Luca Fiorito
Department of Politics, Law and Society,
University of Palermo, Italy
Willie Henderson
Alworth Institute for International Studies,
University of Minnesota, Duluth, USA
Bruce E. Kaufman
Department of Economics, Georgia State
University, USA
Andrea Maneschi
Department of Economics, Vanderbilt
University, USA
David Mitch
Department of Economics, University of
Maryland, Baltimore County, USA
Sebastiano Nerozzi
Department of Politics, Law and Society,
University of Palermo, Italy
Scott Newton
Department of History and Welsh History,
Cardiff University, Wales, UK
Robert Pahre
Department of Political Science, University of
Illinois at Urbana-Champaign, USA
ix