Does Economic Thought Always Reflect History? A Book Review of the Economic Clashes of the Last Hundred Years

New Perspectives on Political Economy, Vol. 11, No. 1-2, pp. 50-56, 2015

11 Pages Posted: 1 Jun 2016

See all articles by Tomáš Otáhal

Tomáš Otáhal

Mendel University - Faculty of Economics and Business Administration

Date Written: 2015

Abstract

The author reviews the book Larry H. White (2012): The Economic Clashes of the Last Hundred Years. Cambridge: Cambridge University Press, 2012.

Is the book White (2012) a modern text book of history of economic thought? Kuhn (1970) argues that the scientific development is a matter of the competition between theoretical paradigms. Coase (1994) applies this argument on the development of the economic theory. White (2012) tries to illustrate this argument on the development of economic theory of the last hundred years. In my opinion this is how modern and advanced text books of history of economic thought might be written.

Keywords: Book review, Larry H. White, The Economic Clashes of the Last Hundred Years

JEL Classification: B25, Y3

Suggested Citation

Otáhal, Tomáš, Does Economic Thought Always Reflect History? A Book Review of the Economic Clashes of the Last Hundred Years (2015). New Perspectives on Political Economy, Vol. 11, No. 1-2, pp. 50-56, 2015, Available at SSRN: https://ssrn.com/abstract=2774276

Tomáš Otáhal (Contact Author)

Mendel University - Faculty of Economics and Business Administration ( email )

Staňkova 578/16b
Brno, 602 00
Czech Republic

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