January 2013

The challenge of “value-ladeness” for history writing


Although the objectivity-Grail Quest has ended with total success decades ago (so economists say), the question of the possibility and consequences of economists' values smuggling into their daily practice still periodically surfaces, and crises make good times for such debates. Yet, not often do we historians too ask how economists' values should be handled in our writing. Read more

Paul Samuelson and the History of Economics

    Paul Samuelson is well-known to have been a compulsive citer and for having a particular Whig program for the history of economics. Until late in his career he kept writing on "old economists" like Cassel, Böhm-Bawerk, and Ricardo, for example (for instance, see his co-authored article on Ricardo published in HOPE in 2006) . Read more

ASSA Meetings: a Showcase for the History of Economics?

    Economists and historians of economics have related differently over time, and the past of the discipline has then served for varied purposes. The matter compounds when we take into account that it has been and it currently is the case that most historians of economics are in economics departments. Besides sharing the same institutional space, they also share one important event: the annual meeting of the Allied Social Science Associations (ASSA). Read more

Jurassic Economics at ASSA-AEA 2013

  The History of Economics Society (HES) held four sessions at the Allied Social Science Associations (ASSA) 2013 meeting, in San Diego, Jan. 4-6: “Keynes and the International Monetary System” (co-organized by Robert Dimand and Rebeca Gomez Betancourt), “Writing MIT’s History” (organized by E. Roy Weintraub and having our blog fellow Yann Giraud presenting), “Looking for Best Practices in Economic Journalism: Past and Present” (organized by our blog fellow Tiago Mata), and “Real Business Cycle after Three Decades: Past, Present and Future” (a panel discussion co-organized by Warren L. Young and Sumru Altug).

  I will here focus only on the latter. Participants included Nobel Prize Laureates and central figures of the Real Business Cycle (RBC) macroeconomics Read more

Open to be open to be open…

INET has chosen the label “openness” to describe New Economic Thinking - “open” for other disciplines, for other methods, for other questions, for other interpretations, etc. It’s easy to hurrah. Openness is an intellectual virtue so widely accepted that one might not find a single economist who would not subscribe to it even in the so-called orthodoxy. If this is so, the reverse question must be: how open can economics become and still be economics? Read more