Classical Economics and 19th-Century Marginal Revolution
Seminar Readings:
Marianna Mazzucato, The Value of Everything: Making and Taking in the Global Economy (London, 2018), pp. 33-74.
Further Readings:
Berend, T. I. (2013) An Economic History of Nineteenth-Century Europe: Diversity and Industrialization Cambridge/New York, NY, Cambridge University Press.
Biernacki, R. (1995) The Fabrication of Labor: Germany and Britain, 1640–1914, Berkeley, University of California Press. .
Blaug, M. (1985) Economic Theory in Retrospect, Cambridge/New York, NY, Cambridge University Press.
Breuilly, J. (1994) Labour and Liberalism in Nineteenth-Century Europe: Essays in Comparative History, Manchester, Manchester University Press.
Cirillo, R. (1980) ‘The ‘Socialism’ of Le´on Walras and His Economic Thinking’, American Journal of Economics and Sociology, 39, 295–303.
Dimand, R. W. (1995) ‘Carl Menger, Crown Prince Rudolf, and Public Policy: A Liberal Critique of Feudal Privilege’, History of Economics Review, 24, 95–97.
Heilbroner, R. L. (1983) ‘The Problem of Value in the Constitution of Economic Thought’, Social Research, 50, 253–277.
Landreth, H. and Colander, D. C. (2002) History of Economic Thought, Boston; Toronto: Houghton Mifflin College Division.
Kaldor, Yair, ‘The Cultural Foundations of Economic categories: Finance and class in the Marginalist Revolution’, Socio-Economic Review (2018 (check date)
Steedman, I. (ed.) (1995) Socialism and Marginalism in Economics: 1870–1930, London/New York, NY, Routledge.
Von Mises, L. (1969) The Historical Setting of the Austrian School of Economics, New Rochelle, NY, Arlington House.
Wood, J. C. (ed) (1993) Leon Walras: Critical Assessments, Vol. 2: Walrasian Economics, London, Routledge.
Wassermann, Janek, The Marginal Revolutionaries: How Austrian Ecoomists Fought the War of Ideas (New Haven: Yale University Press 2019).
‘Marginalism and the Methodenstreit’ in, Milonakis/Fine, From Political Economy to Economics (...)’, pp. 91-116.
Seminar Questions:
What were the central claims of classical economics?
What was the 'revolutionary' element in economic marginalism?
How is 'liberall in classical economics and marginalism?