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Reseach in the history of economic thought and methodology
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Reseach in the history of economic thought and methodology

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RESEARCH IN THE HISTORY OF

ECONOMIC THOUGHT AND

METHODOLOGY

A Research Annual

i

RESEARCH IN THE HISTORY OF

ECONOMIC THOUGHT AND

METHODOLOGY

Series Editors: Warren J. Samuels, Jeff E. Biddle

and Ross B. Emmett

Recent Volumes:

Volume 23A: Research in the History of Economic Thought

and Methodology: A Research Annual;

Warren J. Samuels, Jeff E. Biddle and

Ross B. Emmett; 2005

Volume 23B: Research in the History of Economic Thought

and Methodology: Documents from F. Taylor

Ostrander; Warren J. Samuels; 2005

Volume 23C: Research in the History of Economic Thought

and Methodology: Further University of

Wisconsin Materials and Further Documents

of F. Taylor Ostrander; Warren J. Samuels;

2005

ii

RESEARCH IN THE HISTORY OF ECONOMIC THOUGHT AND

METHODOLOGY VOLUME 24-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

Amsterdam – Boston – Heidelberg – London – New York – Oxford

Paris – San Diego – San Francisco – Singapore – Sydney – Tokyo

JAI Press is an imprint of Elsevier

iii

JAI Press is an imprint of Elsevier

The Boulevard, Langford Lane, Kidlington, Oxford OX5 1GB, UK

Radarweg 29, PO Box 211, 1000 AE Amsterdam, The Netherlands

525 B Street, Suite 1900, San Diego, CA 92101-4495, USA

First edition 2006

Copyright r 2006 Elsevier Ltd. All rights reserved

No part of this publication may be reproduced, stored in a retrieval system

or transmitted in any form or by any means electronic, mechanical, photocopying,

recording or otherwise without the prior written permission of the publisher

Permissions may be sought directly from Elsevier’s Science & Technology Rights

Department in Oxford, UK: phone (+44) (0) 1865 843830; fax (+44) (0) 1865 853333;

email: [email protected]. Alternatively you can submit your request online by

visiting the Elsevier web site at http://elsevier.com/locate/permissions, and selecting

Obtaining permission to use Elsevier material

Notice

No responsibility is assumed by the publisher for any injury and/or damage to persons

or property as a matter of products liability, negligence or otherwise, or from any use

or operation of any methods, products, instructions or ideas contained in the material

herein. Because of rapid advances in the medical sciences, in particular, independent

verification of diagnoses and drug dosages should be made

British Library Cataloguing in Publication Data

A catalogue record for this book is available from the British Library

ISBN-13: 978-0-7623-1349-5

ISBN-10: 0-7623-1349-8

ISSN: 0743-4154 (Series)

Printed and bound in The Netherlands

06 07 08 09 10 10 9 8 7 6 5 4 3 2 1

For information on all JAI Press publications

visit our website at books.elsevier.com

iv

CONTENTS

LIST OF CONTRIBUTORS ix

EDITORIAL BOARD xi

ACKNOWLEDGEMENTS xiii

FORMAL MODELLING VS. INSIGHT IN KALECKI’S

THEORY OF THE BUSINESS CYCLE

Daniele Besomi 1

CONFERENCE REPORT

NOTES ON THE FIFTH SUMMER INSTITUTE FOR

THE PRESERVATION OF THE STUDY OF THE

HISTORY OF ECONOMICS

Warren J. Samuels 51

REVIEW ESSAYS

Dimand and Nyland’s THE STATUS OF WOMEN IN

CLASSICAL ECONOMIC THOUGHT

‘‘Pray clear the way, there, for these – ah – persons’’:

The Status of Women in Classical Political Economy

Sandra J. Peart 61

Reconsidering the Place of Women in

Classical Economics

Jennifer Ball 71

v

Pelikan’s INTERPRETING THE BIBLE AND THE

CONSTITUTION

Interpreting the Bible, the U.S. Constitution, and the

History of Economic Thought

Warren J. Samuels 79

Porta, Scazzieri and Skinner’s KNOWLEDGE,

INSTITUTIONS AND THE DIVISION OF LABOR

An Analysis of Some Essays in the Histroy of

Economic Thought

Leonidas Montes 99

Ghazanfar’s MEDIEVAL ISLAMIC ECONOMIC

THOUGHT

Salim Rashid 113

Bevir and Trentmann’s MARKETS IN HISTORICAL

CONTEXTS

Market Embeddedness and the History of Economics

Roberto Romani 121

Pullen and Parry’s MALTHUS’ UNPUBLISHED PAPERS

AT KANTO GAKUEN UNIVERSITY

New Light on Malthus: The Kanto Gakuen Collection

A.M.C. Waterman 141

Heyer’s HAROLD INNIS

Postmodernism, H.A. Innis, and the Media of

Communication

Robin Neill 153

Harris’s SICK ECONOMIES

Was Shakespeare an Economic Thinker?

Douglas Bruster 167

vi CONTENTS

Corry’s DAVID HILBERT AND THE

AXIOMATIZATION OF PHYSICS

Getting Hilbert Right

E. Roy Weintraub 181

Freeman, Kliman and Wells’s NEW VALUE

CONTROVERSY

The New Value Controversy

Fletcher Baragar 187

Montes’s ADAM SMITH IN CONTEXT

Jeffrey T. Young 201

Mirowski’s EFFORTLESS ECONOMY OF SCIENCE?

Throwing Down the Gauntlet on a Neoclassical

Economics of Science

Aaron M. McCright 209

Brakman and Heijdra’s MONOPOLISTIC COMPETITION

IN RETROSPECT

Humberto Barreto 225

NEW BOOKS RECEIVED 233

Contents vii

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viii

LIST OF CONTRIBUTORS

Jennifer Ball Department of Economics, Washburn University,

USA

Fletcher Baragar Department of Economics, University of

Manitoba, Canada

Humberto Barreto Department of Economics, Wabash College, USA

Daniele Besomi Independent researcher, c.p. 7, 6950 Gola di

Lago, Switzerland

Douglas Bruster Department of English, University of Texas at

Austin, USA

Aaron M. McCright Lyman Briggs School of Science and Department

of Sociology, Michigan State University, USA

Leonidas Montes School of Business, Universidad Adolfo Iba´n˜ez,

Chile

Robin Neill Department of Economics, University of Prince

Edward Island, Canada

Sandra J. Peart Department of Economics, Baldwin-Wallace

College, USA

Salim Rashid Department of Economics, University of Illinois,

USA

Roberto Romani Faculty of Political Sciences, University of

Teramo, Italy

A.M. C. Waterman St. John’s College, University of Manitoba,

Canada

E. Roy Weintraub Department of Economics, Duke University, USA

Jeffrey T. Young Department of Economics, St. Lawrence

University, USA

ix

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x

EDITORIAL BOARD

William Breit

Trinity University, USA

Bruce J. Caldwell

University of North Carolina,

Greensboro, USA

A. W. Coats

University of Nottingham,

UK and Duke University, USA

John B. Davis

Marquette University, USA

and University of Amsterdam,

The Netherlands

Craufurd D. Goodwin

Duke University, USA

Robert F. He´bert

Auburn University, USA

Abraham Hirsch

Brooklyn College, USA

Alon Kadish

Hebrew University of

Jerusalem, Israel

S. Todd Lowry

Washington and Lee

University, USA

Howard Sherman

University of California,

Riverside, USA

Andrew S. Skinner

University of Glasgow,

UK

Vincent J. Tarascio

University of North Carolina,

Chapel Hill, USA

John C. Wood

Edith Cowan University,

Australia

xi

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xii

ACKNOWLEDGEMENTS

The editors wish to express their gratitude for assistance in the review

process and other consultation to the members of the editorial board and to

the following persons:

Cihan Bilginsoy

David Colander

Robert Dimand

Sheila Dow

Roger Garrison

Malcolm Sawyer

Philippe Steiner

Gianni Vaggi

xiii

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xiv

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