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In reply to Professor Weintraub
Because I do most of my research and teaching on 20th century material, I
have generally not been asked to teach history of economic thought courses.
It seems that most people exclude the 20th century as a part of the
history of economics and the history of economic thought. To get around
this, I teach my courses historically. For example, when I teach graduate
neoclassical microeconomics, I have the students start with Marshall's
Principles and then show the students how demand theory or production/cost
theory, etc. developed in the 20th century. In another course that I get to
teach once every blue moon on Post Keynesian price and production models, I
start with the surplus models of Ricardo and then proceed with the Austrian
models and end up with Leontief and Sraffa--that is the students get a
historical understanding of how these types of models developed. Teaching
courses historically is a way to get around the reluctance of colleagues to
accept a history of economics in the 20th century course. But this also
means that 20th century canonical texts depends on the history I am
teaching: it could be Marshall, Robinson, Chamberlin, Pigou, and Bain in
one case; and Leontief, Sraffa, Burchardt, Nurske, Steedman, Gaitskell, and
Kurz and Salvadori in another case.
The question I have is why are our colleagues so reluctant to accept the
teaching of such a course. My gut feeling is that it has to do with the
dominance of, broadly speaking, neoclassical economics and the religious
adherence to it by most economists. Teaching history means that you give
students access to a long memory and one that contains features/aspects
that suggest that neoclassical economics has been challenged and that there
are very different ways of thinking about economic theory. Of course one
could teach a sort of whiggish history of economic thought for the 20th
century--and this would not be very different in style from the sort of
whiggish pre-20th century history of thought generally taught (who would
ever think of teaching Georgism or the German/English historical school or
anarchism-Christain socialism in a history of economic thought course).
But such a whiggish course which delineates the natural unfolding and
flowering of neoclassical economics would simply reflect to dominance of
neoclassical economics and beliefs of its adherents and not be a real
history course.
Fred Lee
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