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Economic Policy Becomes a Science: The Rise of Welfare Economics, and the Chicago Alternative

David Colander and Craig Freedman

in Where Economics Went Wrong

Published in print:
2018
Published Online:
May 2019
ISBN:
9780691179209
eISBN:
9780691184050
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691179209.003.0006
Subject:
Business and Management, Business History

This chapter explores Chicago's interaction with the mainstream of economics that conditioned its emergence. The catalyst to the postwar change was the mainstream adoption of welfare economics, which ... More


A Feminist Primer for Philosophers of Science

Janet A. Kourany

in Philosophy of Science after Feminism

Published in print:
2010
Published Online:
January 2011
ISBN:
9780199732623
eISBN:
9780199866403
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199732623.003.0001
Subject:
Philosophy, Feminist Philosophy

This chapter begins with a review of some of the most pressing problems women confront in society today and goes on to explore the role of science in perpetuating and adding to these problems. In an ... More


A Prize in ‘Economic Sciences’

Avner Offer and Gabriel Söderberg

in The Nobel Factor: The Prize in Economics, Social Democracy, and the Market Turn

Published in print:
2019
Published Online:
May 2020
ISBN:
9780691196312
eISBN:
9781400883417
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691196312.003.0003
Subject:
Economics and Finance, Economic History

This chapter discusses the significance of a Nobel Prize in economics. In a turbulent world, the prizes that Alfred Nobel endowed in 1895 shine as beacons of enduring value. They signal that effort, ... More


Representing Representation: A Core Theory for Political Science

Ian Budge, Hans Keman, Michael McDonald, and Paul Pennings

in Organizing Democratic Choice: Party Representation Over Time

Published in print:
2012
Published Online:
September 2012
ISBN:
9780199654932
eISBN:
9780191741685
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199654932.003.0014
Subject:
Political Science, Comparative Politics

Economics has always gained coherence and strength from its central focus on the supply of goods through the free market. This cuts through the complexities of real life and other types of economic ... More


Conclusion: The Politics of Romanticism

PHILIP CONNELL

in Romanticism, Economics and the Question of ‘Culture’

Published in print:
2005
Published Online:
January 2010
ISBN:
9780199282050
eISBN:
9780191714221
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199282050.003.0007
Subject:
Literature, 19th-century Literature and Romanticism

From around the mid-1820s, political economy began the long slow process of intellectual consolidation in England. The professionalisation of economic science over the course of the 19th century was ... More


Paradigms Lost

Ian Kumekawa

in The First Serious Optimist: A. C. Pigou and the Birth of Welfare Economics

Published in print:
2017
Published Online:
May 2018
ISBN:
9780691163482
eISBN:
9781400885206
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691163482.003.0007
Subject:
Economics and Finance, Economic History

This chapter traces the gradual decline of Pigou's optimism regarding welfare economics, founded as it was on the desire to make things better and built on an optimism that it could actually bring ... More


History and Economics

Ian Kumekawa

in The First Serious Optimist: A. C. Pigou and the Birth of Welfare Economics

Published in print:
2017
Published Online:
May 2018
ISBN:
9780691163482
eISBN:
9781400885206
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691163482.003.0001
Subject:
Economics and Finance, Economic History

This introductory chapter takes a brief look into the life and career of Arthur Cecil Pigou, as an economist and as a historical figure. Pigou lived through at least two periods of radical transition ... More


An Analysis of Arthur Rich’s Method in the Light of that of Martin Luther

Sean Doherty

in Theology and Economic Ethics: Martin Luther and Arthur Rich in Dialogue

Published in print:
2014
Published Online:
April 2014
ISBN:
9780198703334
eISBN:
9780191772542
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198703334.003.0004
Subject:
Religion, Theology, Religion and Society

This chapter shows how study of the method of Luther, a skilful pre-modern theological practitioner, can provide a resource for building self-awareness and self-criticism of modern theological ... More


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