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About History of Political Economy Volume 1 Issue 2 1969 (Doi 10.1215/00182702-1-2-217) Stigler, G. J. - Does Economics Have A Useful Past - PDF
This document discusses the history of economics and whether studying past economics is useful for understanding present-day economics. It makes three key points: 1) Studying very old economic works from before 1900 is generally not useful for mastering modern economics, as modern theories have made most of the older work obsolete. 2) However, studying some economists from the late 19th century onward can provide new insights and ideas that remain relevant today. Works on economic growth theory from this period may still offer value. 3) To truly understand historical economists and derive value from studying their work, one must have a strong grasp of economic theory and analyze the economists' works in a detached and unbiased manner rather than through
Detailed Information
| Author: | ['wakawakwaka'] |
|---|---|
| Publication Year: | 2019 |
| Pages: | 14 |
| Language: | English |
| Format: | |
| Price: | FREE |
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