Overview

This two-volume set covers a range of issues from methodology to competition policy, but focuses on the history of economic thought. Essays cover: industrial problems such as competition policy, patents and the neglected achievements of Alfred Marshall in industrial economics; the treatment of the firm by economists; money, trade, and competition and credit control; English economics from Petty to the last part of the classical era; and English and Austrian economics after 1870, with essays on Marshall, Robbins and Hayek.

Full Product Details

Author:   D. P. O’Brien
Publisher:   Edward Elgar Publishing Ltd
Imprint:   Edward Elgar Publishing Ltd
Edition:   2nd ed.
Weight:   0.866kg
ISBN:  

9781852789664

ISBN 10:   1852789662
Pages:   944
Publication Date:   01 January 1994
Audience:   College/higher education ,  Professional and scholarly ,  Postgraduate, Research & Scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   To order  
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Table of Contents

"Part 1 Methodology: whither economics?; theories of the history of science - a test case; theory and empirical observation; economists and data. Part 2 The industry: information agreements - a problem in search of a policy, with D. Swann; 200 years of competition; competition policy in Britain - the silent revolution; divestiture - the case of AT&T; patents - an economist's view; Marshall's industrial analysis. Part 3 The firm: the evolution of the theory of the firm; research programmes in competitive structure; Marshall, monopoly and rectangular hyperbolas. Part 4 Money and trade: monetary economics; Overstone, Lord; [Overstone's] monetary thought; the transition in Torrens' monetary thought; the macroeconomics of Thomas Joplin; Torrens, McCulloch and Disraeli; customs unions - trade creation and trade diversion; competition and credit control. Part 5 English economics 1660-1860: Petty's ""Political Arithmetick""; Ravenstone, Piercy; classical economics; Ricardian economics and the economics of David Ricardo; classical reassessments; J.R. McCulloch and the theory of value; Torrens on wages and emigration; Torrens, McCulloch and the ""Digression on Sismondi"" - whose digression, with A.C. Darnell; J.R. McCulloch. Part 6 English and Austrian economics after 1870: A. Marshall, 1842-1925; Marshall's work in relation to classical economics; Lionel Charles Robbins, 1898-1984; Lionel Robbins and the Austrian connection; Hayek as an intellectual historian."

Reviews

'This compendium of economic scholarship should be brought to the attention of all economics students - and of all practising economists. It demonstrates wide reading (which is meticulously referenced), thoughtful appraisal and clear argument, and so by both method and content offers a corrective to the deficiencies of our much modern economics... I am confident that economists will benefit from studying any of O'Brien's exemplars of good practice.' -- Brian J. Loasby, The Manchester School 'These are outstanding articles that merit reading and re-reading. If reprinting O'Brien's papers serves to bring them before a wider audience, then this collection will have been amply justified.' -- Roger E. Backhouse, Economic Journal 'Denis O'Brien is always interesting and sometimes exhilarating to read whether on the history of economic thought, on methodology, or on industrial organization. If I had my way, I would make reading him compulsory.' -- The late Mark Blaug, formerly of the University of London and University of Buckingham, UK 'There is much wisdom in these pages which can be savoured again and again... This collection is a must for all libraries...' -- Peter Groenewegen, History of Economics Review

'This compendium of economic scholarship should be brought to the attention of all economics students - and of all practising economists. It demonstrates wide reading (which is meticulously referenced), thoughtful appraisal and clear argument, and so by both method and content offers a corrective to the deficiencies of our much modern economics. . . . I am confident that economists will benefit from studying any of O'Brien's exemplars of good practice.' -- Brian J. Loasby, The Manchester School 'These are outstanding articles that merit reading and re-reading. If reprinting O'Brien's papers serves to bring them before a wider audience, then this collection will have been amply justified.' -- Roger E. Backhouse, Economic Journal 'Denis O'Brien is always interesting and sometimes exhilarating to read whether on the history of economic thought, on methodology, or on industrial organization. If I had my way, I would make reading him compulsory.' -- The late Mark Blaug, formerly of the University of London and University of Buckingham, UK 'There is much wisdom in these pages which can be savoured again and again. . . . This collection is a must for all libraries. . .' -- Peter Groenewegen, History of Economics Review

Author Information

D.P. O’Brien, Emeritus Professor of Economics, University of Durham, UK

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