Economics Broadly Considered: Essays in Honor of Warren J. Samuels


Economics Broadly Considered: Essays in Honor of Warren J. Samuels



Warren J. Samuels has been a prominent figure in the study of economics in the twentieth century. This book brings together essays by leading scholars in the areas of economics in which Samuels has made his most important contributions: the history of economic thought, economic methodology, and institutional and post-Keynesian economics.

This work is designed to give the reader a sense of the breadth and possibilities of economics. The essays, all published here for the first time, investigate issues such as:

  • The institutional structures that shape economic activity and performance.
  • The variety of approaches to economic analysis.
  • The importance of the history of the discipline both inherently and for the study of economics in the modern age.

With essays from leading scholars, collected and introduced by some of the most eminent authorities in the field, the work is a formidable volume, and one fit to honor one of the most renowned economists of our age.



Publication Date



Taylor & Francis (Routledge)


New York




Table of Contents

Part I: Introduction

Part II: The History of Economic Thought

1. The Ignored History of the Administrative Tradition: The 'Mirror for Princes' Tradition

2. A Quintessential (A historical) tableau economique to Sum Up Pre- and Post-Smith Classical Paradigms

3. Frank Knight as Institutional Economist

4. From Divergence to Convergence: Irving Fisher and John R. Commons as Champions of Monetary Reforms

5. Chamberlin and Oligopoly

6. The Two Phases of Kuznets' Interest in Schumpeter

7. The AEA and the Radical Challenge to American Social Science

Part III: Aspects of Economic Method

8. On the Credentials of Methodological Pluralism

9. Some Practical Aspects of Pluralism in Economics

10. What Econometrics Can and Cannot Tell Us About Historical Actors: Brewing, Betting and Rationality in London, 1822-44

Part IV: The Legal-Economic Nexus

11. Putting the 'Political' Back into Political Economy

12. Output Categories for a Comparative Institutional Economics

13. On the Changing Nature of the Public Utility Concept: A Study in the Exercise of Power and the Search for Reform

Part V: Aspects of Institutional and Post-Keynesian Economics

14. The Institutional Economics of Nobel Prize Winners

15. The Social Value Theory of J. Fagg Foster

Economics Broadly Considered: Essays in Honor of Warren J. Samuels