"Historical Analysis in Economics" argues that economics has failed to come to grips with real world problems and to provide adequate policy recommendations. Criticizing neo-classical economics for relying on technical models while paying little attention to historical processes, the book makes a bold claim for the transformation of economics into an historical social science.
The volume presents essays by a group of international scholars who are determined to extend the role of historical analysis in economics. They consider both the general question of how history can matter in economics and how long-run changes impact on the economic landscape. The essays cover issues of employment, retirement, and changing attitudes toward business culture.
Contributors: Graeme Donald Snooks, Paul A. David, G. R. Hawke, Timothy J. Hatton, Jeffrey G. Williamson, Lionel Frost, Paul Johnson, Stephen Nicholas, Leslie Hannah, and David Pope.