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RESEARCH IN THE HISTORY OF ECONOMIC THOUGHT AND METHODOLOGY

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RESEARCH IN THE HISTORY OF ECONOMIC THOUGHT AND METHODOLOGY

Founding Editor: Warren J. Samuels (1933–2011)

Series Editors: Luca Fiorito, Scott Scheall, and Carlos Eduardo Suprinyak

Recent volumes:

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RESEARCH IN THE HISTORY OF ECONOMIC THOUGHT AND METHODOLOGY VOLUME 37A

INCLUDING A SYMPOSIUM ON 50 YEARS OF THE UNION FOR RADICAL POLITICAL ECONOMICS

EDITED BY

LUCA FIORITO

University of Palermo, Italy

SCOTT SCHEALL

Arizona State University Polytechnic Campus, USA

CARLOS EDUARDO SUPRINYAK

Universidade Federal de Minas Gerais, Brazil

United Kingdom – North America – Japan – India – Malaysia – China

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Emerald Publishing Limited

Howard House, Wagon Lane, Bingley BD16 1WA, UK

First edition 2019

Chapter 10 © Stephen A. Marglin. Selection, editorial matter and all other chapters © Emerald

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British Library Cataloguing in Publication Data

A catalogue record for this book is available from the British Library

ISBN: 978-1-78769-850-5 (Print)

ISBN: 978-1-78769-849-9 (Online)

ISBN: 978-1-78769-851-2 (Epub)

ISSN: 0743-4154

List of Contributors

Editorial Board

• Michele Alacevich

  University of Bologna, Italy

• Rebeca Gomez Betancourt

  University of Lumière Lyon 2, France

• John Davis

  Marquette University, USA; University of Amsterdam, The Netherlands

• Till Düppe

  Université du Québec à Montréal, Canada

• Ross Emmett

  Arizona State University, USA

• Mary Furner

  University of California, Santa Barbara, USA

• Nicola Giocoli

  University of Pisa, Italy

• Harald Hagemann

  University of Hohenheim, Germany

• Kyu Sang Lee

  Ajou University, South Korea

• Tiago Mata

  University College, London, UK

• Steven Medema

  University of Colorado Denver, USA

• Mary Morgan

  London School of Economics, London, UK

• Maria Pia Paganelli

  Trinity University, USA

About the Editors

Luca Fiorito received his PhD in economics from the New School for Social Research in New York and is currently Professor at the University of Palermo. His main area of interest is the history of American economic thought in the Progressive Era and the interwar years. He has published many works on the contributions of the institutionalists and on the relationship between economics and eugenics.

Scott Scheall is Assistant Professor of Social Science with Arizona State University’s College of Integrative Sciences and Arts. Scott is a former Research Fellow with Duke University’s Center for the History of Political Economy and a former Postdoctoral Fellow with the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at George Mason University. He has published extensively on the history and methodology of the Austrian School of Economics.

Carlos Eduardo Suprinyak is Associate Professor of Economics at the Federal University of Minas Gerais (UFMG), Brazil. He specializes in the history and methodology of economics, studying the interplay of social, political, and economic ideas in early modern England, and the institutionalization of economics in Brazil during the postwar era. He has published several papers on these and related themes in peer-reviewed scholarly journals, and is also the coeditor of The Political Economy of Latin American Independence (Routledge, 2017).

Volume Introduction

The first 2019 volume of Research in the History of Economic Thought and Methodology features a symposium on 50 years of the Union for Radical Political Economics, guest edited by Tiago Mata. Contributors to the symposium include Jennifer Cohen, Isabella Maria Weber and Gregor Semeniuk, Tim Barker, and Benjamin Feldman.

Volume 37A also includes a unique collection of articles in the general-research “Essays” section. Respected historian of economics and past-president of the History of Economics Society, Mauro Boianovsky, reflects on “Arthur Lewis and the Classical Foundations of Development Economics.” Several esteemed scholars, including Maria Pia Paganelli, Claudia Sunna, Robert L. Tignor, Stephen Marglin, Hans-Michael Trautwein, Federico D’Onofrio and Gerardo Serra, and Guido Erreygers, add their individual perspectives on Boianovsky’s essay.

Finally, our “From the Vault” section includes an important archival contribution edited and introduced by Malcolm Rutherford: Alvin Hansen’s thoughts on John R. Commons’s contributions to American economics, a talk originally given in November 1932 to celebrate Commons’ 70th birthday.

The Editors of Research in the History of Economic Thought and Methodology

Luca Fiorito

Scott Scheall

Carlos Eduardo Suprinyak