This volume is a history of economics – as it was interpreted, discussed and established as a discipline – in the 20th century. It highlights the pluralism of the discipline and brings together leading voices in the field who reflect on their lifelong work. The chapters draw on a host of traditions of economic thought, including pre-classical, classical, Marxian, neoclassical, Sraffian, post-Keynesian, Cantabrigian and institutionalist traditions in economics. Further, the volume also looks at the history of economics in India and its evolution as a discipline since the country’s independence.
This book will appeal to students, researchers and teachers of economics and intellectual history, as well as to the interested general reader.
Table of Contents
1 Introduction AJIT SINHA AND ALEX M. THOMAS
2 History, logic and narrative in pedagogy C.T. KURIEN
3 Theories of activity levels and growth before Adam Smith ALEX M. THOMAS
4 From ‘change’ to ‘difference’: Sraffa’s reinterpretation of classical economics AJIT SINHA
5 A history of Marxian economics 1960–2010: how we ‘did’ it MEGHNAD DESAI
6 Capitalism, classical political economy and Marx’s departures CHIRASHREE DAS GUPTA
7 On the origins of post Keynesian macroeconomics JOHN KING
8 Geoff Harcourt on G.C. Harcourt, as told to Ajit Sinha G.C. HARCOURT
9 Is there a Cambridge approach to economics? MARIA CRISTINA MARCUZZO
10 Between theory and history: the structural dynamics tradition ROBERTO SCAZZIERI
11 Buffer stock operations in history and economic thought ROMAR CORREA
12 History of institutional economics PHILLIP ANTHONY O’HARA
13 General equilibrium: a status report ANJAN MUKHERJI
14 Historical perspective of econometrics K.L. KRISHNA
15 Writings of Indian economic history since independence TIRTHANKAR ROY
16 On the evolution of heterodox economic thinking in India SUNANDA SEN
17 Two sides of the colonial coin: British and Indian women’s engagements with colonialism and patriarchy SHEETAL BHARAT
Ajit Sinha is a Professor of Economics at Azim Premji University, Bengaluru, India. He has published extensively in the area of history of economic theory. He is also the author of Theories of Value from Adam Smith to Piero Sraffa, A Revolution in Economic Theory: The Economics of Piero Sraffa and Essays on Theories of Value in the Classical Tradition.
Alex M. Thomas is an Assistant Professor of Economics at Azim Premji University, Bengaluru, India. His primary research area is the history of economic thought, especially classical economics.