1st Edition

A History of American Economic Thought Mainstream and Crosscurrents

    270 Pages
    by Routledge

    270 Pages 1 B/W Illustrations
    by Routledge

    This vital addition to the Routledge History of Economic Thought series surveys arguably the most important country in the development of economics as we know it today – the United States of America.

    A History of American Economic Thought is a comprehensive study of American economics as it has evolved over time, with several singularly unique features including: a thorough examination of the economics of American aboriginals prior to 1492; a detailed discussion of American economics as it has developed during the last fifty years; and a generous dose of non-mainstream American economics under the rubrics "Other Voices" and "Crosscurrents." It is far from being a native American community, and numerous social reformers and those with alternative points of view are given as much weight as the established figures who dominate the mainstream of the profession. Generous doses of American economic history are presented where appropriate to give context to the story of American economics as it proceeds through the ages, from seventeenth-century pre-independence into the twentieth-first century packed full of influential figures including John Bates Clark, Thorstein Veblen, Irving Fisher, Paul Samuelson, and John Kenneth Galbraith, to name but a few.

    This volume has something for everyone interested in the history of economic thought, the nexus of American economic thought and American economic history, the fusion of American economics and philosophy, and the history of science.

    Chapter 1. Setting the Table

    Chapter 2. Economic Thought Among American Aboriginals Prior to European Contact

    Chapter 3. Economic Thought in America’s Protohistorical Period

    Chapter 4. Economic Thought in Eighteenth-Century America Prior to Independence

    Chapter 5. Economic Thought in the New Nation, 1776–1885

    Chapter 6. Economic Thought in an Era of Abundance and Anxiety, 1886–1928

    Chapter 7. Economic Thought from the Great Depression through the Golden Age of Economic Growth, 1929–1973

    Chapter 8. Economic Thought from Stagflation and Sustained Growth to the Great Recession and Beyond, 1974–2017


    Samuel Barbour studied economics at Roosevelt University in Chicago and teaches community college classes and writes occasional thought pieces for publication.

    James Cicarelli is a Professor of Economics at Roosevelt University and is co-author of Distinguished Women Economists and "Back to the Future of Economics."

    J. E. King retired from LaTrobe University, Melbourne, Australia, in July 2013, and was appointed Emeritus Professor in August 2014. His continuing research interests are in the history of heterodox economic thought, particularly Marxian political economy and Post Keynesian economics.