Economic Theories, Protagonists and Facts
Collected Essays in the History of Economic Thought
Author: Maria Cristina Marcuzzo
Springer Nature Switzerland
Book Series : Palgrave Studies in the History of Economic Thought
This book brings together the work of Maria Cristina Marcuzzo and highlights her investigations into the history of economic thought and her quest for an alternative economic thinking. Following an extended introduction that contextualised her ideas and highlights consistent themes throughout the volume, it discusses the theoretical and methodological approaches that have come to define the history of economic thought as a discipline. The work of David Ricardo is then debated, alongside ideas of money and monetary systems. Finally, the impact of the Cambridge economists is presented, with a particular focus on Luigi Pasinetti, Joan Robinson, Piero Sraffa, and John Maynard Keynes.
This book combines theoretical discussions with historical analysis, biographical narratives, and original archival researcher to provide rich insights into the history and impact of economics. It will be of interest to students and researchers working within the political economy and the history of economic thought.
Book page on the Publisher’s website
Maria Cristina Marcuzzo is Honorary Professor of Political Economy at the University of Rome, “La Sapienza”, and Fellow of the Italian Academy of Lincei. She is a former President of the European Society for the History of Economic and the Italian Society for the History of Political Economy. She is also a Distinguished Fellow and Vice President of the History of Economics Society.
Table of contents
Introduction – Pages 1-9
History of Economic Thought: Which Are the Issues?
Is History of Economic Thought a “Serious” Subject? – Pages 13-28
A Slender Trunk and Many Branches. The History of Economic Thought in Perspective, Past and Future – Pages 29-39
A Methodological Agenda for New Economic Thinking – Pages 41-57
Is History of Economics What Historians of Economic Thought Do? A Quantitative Investigation – Pages 59-77
Ricardo, Money and Monetary Systems
Ricardo’s Theory of Money Matters – Pages 81-101
On the Notion of Permanent and Temporary Causes. The Legacy of Ricardo – Pages 103-122
Profitability in the International Gold Market in the Early History of the Gold Standard – Pages 123-142
Metallic Standards and Real Exchange Rates – Pages 143-170
Cambridge Economics: Past and Present
Is There a Cambridge Approach to Economics? – Pages 173-189
Luigi Pasinetti and the Cambridge Economists – Pages 191-210
The “Cambridge” Critique of the Quantity Theory of Money. A Note on How Quantitative Easing Vindicates It – Pages 211-226
Dear John, Dear Ursula (Cambridge and LSE, 1935). Eighty-eight Letters Unearthed – Pages 227-252
Cambridge Protagonists: Keynes, Joan Robinson and Sraffa
On Alternative Notions of Change and Choice. Krishna Bharadwaj’s Legacy – Pages 255-276
Sraffa and His Arguments Against ‘Marginism’ – Pages 277-296
Cambridge Protagonists: Keynes, Joan Robinson and Sraffa
Joan Robinson’s Challenges on How to Construct a Post-Keynesian Economic Theory – Pages 297-313
Fighting Austerity. Why After 80 Years the General Theory is Still Relevant Today – Pages 315-330