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Societies for the History of Economics <[log in to unmask]>
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Sat, 9 Apr 2011 16:17:13 -0700
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Societies for the History of Economics <[log in to unmask]>
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mason gaffney <[log in to unmask]>
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For dozens of reasons why Turgot was Smith's master, see Hill, Malcolm,
1999, Statesman of the Enlightenment. London: Othila Press.

-----Original Message-----
From: Societies for the History of Economics [mailto:[log in to unmask]] On
Behalf Of Scot Stradley
Sent: Friday, April 08, 2011 12:57 PM
To: [log in to unmask]
Subject: Re: [SHOE] Adam Smith, the "Founding Father" of Modern Economics?

Listers,
It is my opinion that this view of Smith as the founding father is
propogated by Malthus in his correspondence with Ricardo.  
Malthus criticizes Ricardo for departing from the principles as laid down by
(and here I have not had time to look up the reference)
Smith.  I do not recall Malthus's exact words and do not believe he used the
term "father" but I think that an authority is easily
viewed as a father.  I think oral tradition (possibly at Cambridge) took
over from Malthus.

Ironically when we ask who the mother of economics is the only reasonable
answer is Adam Smith's mother.  There is no woman
that laid down the principles of supply and demand before Smith and really
after Smith no woman came along and 
revolutionized beyond Smith.  This implies, and I truly believe this, that
pretty much all of the subsequent models in 
economics do have their inspiration in Smith, whether equilibrium or
disequilibrium.  I think most market problems would
be attributed to human nature, and not to markets.  

Care to discuss this?

Scot 


Scot A. Stradley, Ph.D.
Professor of Finance
Offutt School of Business
Concordia College
Moorhead, MN 56562

________________________________________
From: Societies for the History of Economics [[log in to unmask]] On Behalf Of
mason gaffney [[log in to unmask]]
Sent: Friday, April 08, 2011 10:24 AM
To: [log in to unmask]
Subject: Re: [SHOE] Adam Smith, the "Founding Father" of Modern Economics?

In all this talk of founding fathers, let us "never underestimate the
influence of a woman, ... etc."  Even in the manly sport of football the
most heroic play is the "Hail, Mary", which may seem flippant, but for many
Christians the main deity is Mary who managed to become the Mother of God
without help from a founding father. Under Salic Law no woman may rule
France, but that did not stop Catherine and Marie de Medici, or Marie
Antoinette, l'Autrichienne, who weren't even French, either; or Mme de
Maintenon, who ruled Louis XIV.  Francois Quesnay has a claim to being a
"founding father" of economics, but it was Mme Pompadour who installed him
at Versailles. It was l'Autrichienne who got rid of Turgot who might have
saved her and her hapless spouse from the guillotine.
Carrie Chapman Catt and the League of Women Voters she founded, and Eleanor
Roosevelt whom they idolized, even in the age of housewives, inspired many
mothers to inspire many sons and a few daughters to make economics their
profession. Before the age of DINKS housewives with social consciences had
less fear of professional retribution such as that which intimidated many of
their husbands, so their thoughts could range more freely. While some
embraced various nutty ideas, their freedom from conventional and
authoritarian restraints is the necessary matrix (a feminist term) for
creative thought.
In more recent times it was Joan Robinson who founded the innovative
Cambridge School and faced down Paul Samuelson (for better or worse) in the
Cambridge Controversy; and now it is Elinor Ostrom who may free us from the
privatization-as-panacea doctrines of various MCPs.
So here's to the founding mothers, let us never think them peculiarly unfit
for leadership. They may sometimes be forced to lead by manipulation, to let
men take the credit; but they have led and still are, and will. OK, they
sometimes lead us the wrong way, but so do a high fraction of the males.

Mason Gaffney

-----Original Message-----
From: Societies for the History of Economics [mailto:[log in to unmask]] On
Behalf Of Jean Magnan de Bornier
Sent: Friday, April 08, 2011 2:00 AM
To: [log in to unmask]
Subject: Re: [SHOE] Adam Smith, the "Founding Father" of Modern Economics?

Le 30 mars à 12:39:12 [log in to unmask] écrit
notamment:
| Dear Listers,
>
| J Schumpeter’s *History of Economic Analysis*, M Blaug’s *Retrospect*, and
M Rothbard’s *An Austrian Perspective
| on HET* report that Adam Smith has been incorretly thought to have created
the science of economics and known as
| the “Founding Father.”
>
| I have been wondering: who thought so? These books do not provide any
references. I did a quick search on Google
| but had no reliable results. Does anybody know when and who exactly coined
or used the term “founding father”
| and thought Adam Smith created the science of economics?
>
| Regards,
>
| Altug Yalcintas
| Ankara University

Hi allo,

Might there be in this expression «founding father» a more or less
conscious recall of the importance of the Church Fathers, early
theologians of christianism (who, as no one ignores, were all males)?

Regards,
--
  Jean Magnan de Bornier   |   Professeur de Sciences Économiques
         GREQAM            |  Université Paul Cézanne à Aix-Marseille
 15-19 Allée Claude Forbin |   13627 Aix-en-Provence Cedex 1 FRANCE
 T: +33 (0)4 42 96 81 53   |   email: jean.magnanb at univ-cezanne.fr
 Fax: +33 (0)4 42 96 80 00 |  Site: http://junon.univ-cezanne.fr/bornier

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