Abstract
Logical thinking plays a crucial role in any scientific discipline. Economics is no exception. However, the function of logic in economics has been downplayed during the econometricalization or empiricalization in recent decades. This chapter briefly reviews the history of economics and discusses the role of logic in the past, present and future economic development.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Arrow, K. J., & Debreu, G. (1954). Existence of an Equilibrium for a Competitive Economy. Econometrica, 22, 265–290.
Bohm-Bawerk, E. (1891 [1888]). The Positive Theory of Capital (W. Smart, Trans.). London: Macmillan.
Bohm-Bawerk, E. (1922 [1884]). Capital and Interest: A Critical History of Economic Theory (W. Smart, Trans.). New York: Brentano’s.
Burns, A., & Mitchell, W. (1946). Measuring Business Cycles. New York: Columbia University Press.
Clark, J. (1908). The Distribution of Wealth: A Theory of Wages, Interest and Profits. New York: Macmillan.
Cootner, P. (1964). The Random Character of Stock Prices. London: Risk.
Feyerabend, P. (1975). Against Method: Outline of an Anarchist Theory of Knowledge. London: Verso Books.
Fisher, I. (1907). The Rate of Interest: Its Nature, Determination, and Relation to Economic Phenomenon. New York: Macmillan.
Fisher, I. (1930). The Theory of Interest. New York: Kelley and Millman.
Guan, Z. (1998). Guan Zi (W. Allyn Rickett, Trans.). Princeton, NJ: Princeton University Press.
Guthrie, W. (1967). The Greak Philosophers—From Thales to Aristotle. Norwich, UK: Fletcher & Son Ltd.
Haavelmo, T. (1944). The Probability Approach in Econometrics. Econometrica, 12(Supplement), 1–115.
Hutcheson, F. (1750). Reflections upon Laughter, and Remarks upon the Fable of the Bees. Printed by R. Urie for D. Baxter.
Hutcheson, F., & Leechman, W. (1755). A System of Moral Philosophy. Sold by A. Millar.
Jonsson, P. O. (1995). On the Economics of Say and Keynes’ Interpretation of Say’s Law. Eastern Economic Journal, 21(Spring), 147–155.
Keynes, J. M. (1936). The General Theory of Employment, Interest, and Money. London: Macmillan.
Knight, F. (1921). Risk, Uncertainty, and Profit. Boston: Houghton Mifflin.
Knight, F. (1949). Capital and Interest, in Readings in the Theory of Income Distribution. Philadelphia: Blakiston.
Kuhn, T. (1962). The Structure of Scientific Revolutions. Chicago: University of Chicago Press.
Kydland, F., & Prescott, E. (1982). Time to Build and Aggregate Fluctuations. Econometrica, 50(6), 1345–1370.
Lakatos, I. (1968). Criticism and the Methodology of Scientific Research Programs. Proceedings of the Aristotelian Society, 69(1), 149–186.
Lakatos, I. (1970). Falsification and the Methodology of Scientific Research Programs. In M. Lakatos (Ed.), Criticism and the Growth of Knowledge (pp. 91–195). New York: Cambridge University Press.
Landreth, H., & Colander, D. (2002). History of Economic Thought (4th ed.). Boston: Houghton Mifflin.
Lauderdale, J. (1804). An Inquiry into the Nature and Origin of Public Wealth. Edinburgh; London: Constable & Co.; T.N. Longman & O. Rees.
Leontief, W. (1936). Quantitative Input and Output Relations in the Economic Systems of the United States. The Review of Economics and Statistics, 18, 105–125.
Leontief, W. (1941). Structure of the American Economy, 1919–1929: An Empirical Application of Equilibrium Analysis. Cambridge: Harvard University Press.
Leontief, W. (1970). Environmental Repercussions and the Economic Structure: An Input-Output Approach. The Review of Economics and Statistics, 52(3), 262–271.
Leontief, W. (1974). Structure of the World Economy. The American Economic Review, 66, 823–834.
Leontief, W. (1985). The Choice of Technology. Scientific American, 252(6), 25–33.
Lucas, R. (1972). Expectations and the Neutrality of Money. Journal of Economic Theory, 4, 103–124.
Lucas, R., & Prescott, E. (1971). Investment Under Uncertainty. Econometrica, 39(5), 659–681.
Malthus, T. (1820). Principles of Political Economy. London: W. Pickering.
Mandeville, B. (1723). The Fable of the Bees, or, Private Vices, Public Benefits (2nd ed.). London: Printed for Edmund Parker.
Marshall, A. (1948 [1920]). Principles of Economics. London: Macmillan.
McCulloch, J. R. (1864 [1965]). The Principles of Political Economy, with Some Inquiries Respecting Their Application (5th ed.). New York: Hugustus M. Kelley.
Mill, J. (1808). Commerce Defended. London: C. and R. Baldwin.
Moore, H. L. (1908). The Statistical Complement of Pure Economics. Quarterly Journal of Economics, 23, 1–33.
Moore, H. L. (1911). Laws of Wages: An Essay in Statistical Economics. New York: Macmillan.
Moore, H. L. (1914). Economic Cycles: Their Law and Causes. New York, NY: Macmillan.
Muth, J. (1961). Rational Expectations and the Theory of Price Movements. Econometrica, 29(3), 315–335.
Ormerod, P. (1994). The Death of Economics. London, UK: St. Martin’s Press.
Popper, K. (1935 [1992]). The Logic of Scientific Discovery. London: Routledge.
Ricardo, D. (1952). The Works and Correspondence of David Ricardo (P. Sraffa & M. Dobb, Eds., Vol. 6). Cambridge: Cambridge University Press.
Say, J.-B. (1803). Traite d’Economic Pol itique (1st ed.). Paris: Deterville.
Say, J.-B. (1821). A Treatise on Political Economy, translated from the fourth edition of the French. London: Paternoster-Row.
Schumpeter, J. (1986). History of Economic Analysis. London: Routledge.
Senior, N. (1836 [1951]). An Outline of the Science of Political Economy. New York: Kelley.
Shoven, J. B., & Whalley, J. (1972). A General Equilibrium Calculation of the Effects of Differential Taxation of Income from Capital in the U.S. Journal of Public Economics, 1(3–4), 281–321.
Sims, C. (1980). Macroeconomics and Reality. Econometrica, 48, 1–48.
Sismondi, J. C. L. (1819). Nouveaux principes of d’ economie politique [New Principles of Political Economy]. Paris: Delaunay.
Smith, Adam. (1776 [1904]). An Inquiry into the Nature and Causes of the Wealth of Nations (E. Cannan, Ed.). London: Methuen.
Solow, R. (1956). A Contribution to the Theory of Economic Growth. Quarterly Journal of Economics, 70(1), 65–94.
Author information
Authors and Affiliations
Corresponding author
Rights and permissions
Copyright information
© 2019 The Author(s)
About this chapter
Cite this chapter
Meng, S. (2019). Logic, Politics and Economics—A Brief History of Political Economy. In: Patentism Replacing Capitalism. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-12247-8_2
Download citation
DOI: https://doi.org/10.1007/978-3-030-12247-8_2
Published:
Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-030-12246-1
Online ISBN: 978-3-030-12247-8
eBook Packages: Economics and FinanceEconomics and Finance (R0)