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Date: | Fri Mar 31 17:18:30 2006 |
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----------------- HES POSTING -----------------
Schumpeter, Joseph A, History of Economic Analysis. London:
George Allen and Unwin, 1954.
I don't know whether anyone has ever sat down and read the History of
Economic Analysis from start to finish, but as a companion and
reference book it is surely without equal. When I am faced with an
unfamiliar author, topic, or period, Schumpeter is the first thing I turn
to. His judgements may be challenged but they always have to be taken
seriously. Nothing else comes close to it in its combination of breadth,
depth and insight.
Precisely because of the encyclopedic character of his work, it is quite
impossible to enumerate the different aspects of the history of
economics that Schumpeter reshaped. I will give one example that I
know well. His identification of the sequence Petty-Cantillon-Quesnay
has been fundamental to work on the seventeenth and eighteenth
century. His claim that Cantillon is the direct ancestor of the Tableau
Economique is an insight which is still not fully recognized. One could
produce similar examples from every period and aspect of the history
of economics.
Tony Brewer, University of Bristol
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