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Lionel Robbins on the Principles of Economic Analysis - The 1930s Lectures (Paperback)
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Lionel Robbins on the Principles of Economic Analysis - The 1930s Lectures (Paperback)
Series: Routledge Studies in the History of Economics
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Lionel Robbins (1898-1984) is best known to economists for his
Essay on the Nature and Significance of Economic Science (1932 and
1935). To the wider public he is well known for the 'Robbins
Report' of the 1960s on Higher Education, which recommended a major
expansion of university education in Britain. However, throughout
his academic career - at Oxford and the London School of Economics
in the 1920s, and as Professor of Economics at the School from 1929
to 1961 - he was renowned as an exceptionally gifted teacher.
Generations of students remember his lectures for their clarity and
comprehensiveness and for his infectious enthusiasm for his
subject. Besides his famous graduate seminar his most important and
influential courses at LSE were the Principles of Economic
Analysis, which he gave in the 1930s and again in the late 1940s
and 1950s, as well as the History of Economic Thought, from 1953
until long after his official retirement. This book publishes for
the first time the manuscript notes Robbins used for his lectures
on the Principles of Economic Analysis from 1929/30 to 1934/40. At
the outset of his career he took the advice of a senior colleague
to prepare his lectures by writing them out fully before he
presented them; the full notes for most of his pre-war lectures
survive and are eminently decipherable. Since he made two major
revisions of the lectures in the 1930s the Principles notes show
both the development of his own thought and the way he incorporated
the major theoretical innovations made by younger economists at
LSE, such as John Hicks and Nicholas Kaldor, or elsewhere, notably
Joan Robinson. He intended to turn his lecture notes into a book,
abandoning the project only when he was asked to chair the
Committee on Higher Education in 1960. This volume is not exactly
the book he wanted to write, but it is a unique record of what was
taught to senior undergraduate and graduate economists in those
'years of high theory'. It will be of interest to all economists
interested in the development of economics in the twentieth
century.
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