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The Uses and Abuses of Economics : Contentious Essays on History and Method - Terence Hutchison

The Uses and Abuses of Economics

Contentious Essays on History and Method

Hardcover Published: 27th October 1994
ISBN: 9780415094047
Number Of Pages: 314

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This volume collects together some of Terence Hutchison's most significant contributions to the history of thought and to economic methodology, several of which are appearing for the first time.
Reflecting the principle that an idea that offends no one is not worth entertaining, the essays range widely. The volume begins by questioning the value of the 'classical revolution', especially David Ricardo's contribution to it. With further essays on Jevons, the first half of the book develops the view that 'progress' in economics is by no means inevitable, especially where it shows a tendency to greater abstraction.
The second part of the book focuses on economic methodology and develops some of the author's favourite themes. Prominent amongst these are the validity of 'subjectivism' as a methodological position and the related issue of the methodology of the Austrian School, in particular the conflicting views of Hayek and Mises, as well as the relationship between aims and methods in economics.

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"This book is a collection of Hutchison's most important works on the history of economic thought and on economic methodology." -"Journal of Macroeconomics

Forewordp. ix
Progress and Regress in Political Economy: Smith- Ricardo- Jevonsp. 1
From William Petty to Adam Smith and the English Classicalsp. 3
Referencesp. 25
Jeremy Bentham as an Economistp. 27
Notesp. 45
Referencesp. 49
James Mill and Ricardian Economicsp. 50
On the Interpretation and Misinterpretation of Economic Literature: The Preposterous Case of David Ricardop. 84
'Ricardian Politics': Another Version of Ricardian Hagiography?p. 107
Referencesp. 125
The Politics and Philosophy in Jevons's Political Economyp. 127
Notesp. 137
Referencesp. 138
The Jevonian Revolution and Economic Policy in Britainp. 140
Notesp. 164
From 'Dismal Science' to 'Positive Economics': a Century-And-A-Half of Progress?p. 168
Subjectivism, Methods and Aimsp. 187
Notes towards the Identification and History of 'subjectivism' in Economic Theoryp. 189
Hayek, Mises and the Methodological Contradictions of 'Modern Austrian' Economicsp. 212
A Methodological Crisis?p. 241
Notesp. 258
The Wisdom of Jacob Viner: 'Outstanding All-Rounder', and Profound and Persistent Methodological Criticp. 260
Referencesp. 281
The Uses and Abuses of Academic Economicsp. 282
Indexp. 307
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780415094047
ISBN-10: 0415094046
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 314
Published: 27th October 1994
Country of Publication: GB
Dimensions (cm): 24.13 x 15.88  x 3.18
Weight (kg): 0.73
Edition Number: 1

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