Many know the Chicago School of Economics and its association with Milton Friedman, George Stigler, Ronald Coase and Gary Becker. But few know the School's history and the full scope of its scholarship. In this Companion, leading scholars examine its history and key figures, and provide surveys of the School's contributions to central aspects of economics, including: price theory, monetary theory, labor and economic history. The volume examines the School's traditions of applied welfare theory and law and economics while providing a glimpse into emerging research on Chicago's role in the development of neoliberalism.A companion in the true sense of the word, this volume surveys a wide body of Chicago economic studies and guides readers carefully through each. The Companion offers biographies of leading Chicago economists and evaluations of the School's connection to approaches to economics that draw from and complement the School, including the Virginia School and the work of Armen Alchian and Edward Lazear. Moreover, this book is a first in many respects as it analyzes the interconnections of the Chicago School's theory, methodology, and policy, and considers by what means and ideas the School's policy framework is driven. The breadth and depth of the insights presented here will appeal especially to students and scholars of economics and historians interested in economics, social science and applied public policy. Ross B. Emmett is Professor of Political Economy and Political Theory and Constitutional Democracy, and Co-Director of the Michigan Center for Innovation and Economic Prosperity at James Madison College, Michigan State University, USA.

The collection includes refereed articles on topics in economic methodology and the history of economics, including Austrian economic methodology and Wesley Mitchell.Review essays on new publications cover such topics as Adam Smith, John Kenneth Galbraith, Friedrich Nietzsche, Joseph Schumpeter, Janos Kornai, the Chicago School, French econometrics, financial economics, economic methodology, economists in parliament, the repeal of the Corn Laws, and the role of state power in economics.

This collection includes both refereed articles and review essays. The articles highlight research on the role of western economic advisors in China before the Communist Revolution (Paul Trescott), John Ryan on minimum wage legislation, a symposium on Clement Juglar, and a comparison of recent work in the history of economics and the history of science. Review essays on new publications examine a range of subjects, including: David Hume's political economy; conceptions of economic morality in American thought; Frank Knight and the Austrians on institutions; Friedrich Engels; Austrian views on entrepreneurship; Coase and Pigou on government intervention; Hayek and conservatism; the history of the 'living wage' notion; methodological consideration of economics and econometrics; and, Paul Heyne's essays on economic and ethics.

Volume 23C of this research annual first presents lecture notes from courses at the University of Wisconsin during 1955-6 given by Hans Hl. Gerth and Edwin E. Witte, together with correspondence of Selig Perlman. The volume also presents notes taken by F. Taylor Ostrander in courses given at the University of Chicago during 1933-4. The notes are from courses given by John U. Nef, Charles O. Hardy, and Chester W. Wright, on European economic history, money and banking, and U.S. economic history, respectively.

Volume 23B of this research annual presents eight sets of lecture notes taken in 1933-4 by F. Taylor Ostrander at the University of Chicago. The notes are from courses given by Frank H. Knight, Henry C. Simons, and Melchior Palyi. The materials provide insight into the first generation of the Chicago School.

Volume 23A of this research annual first presents two articles on Adam Smith, one on his use of the concept of the invisible hand, and another on his use of Isaac Newton's methodology; an article on rival conceptions of distribution: in the 20th century; and a set of introductory notes to the study of the history of economic thought. Secondly, the volume presents multiple review essays on a book on the history of institutional economics, and single review essays on a variety of books, including books on causality, economic thought and the making the European monetary union, the Scottish Enlightenment, economic justice and theological values, a dictionary of economic quotations, economic morality, Thomas Reid, policy making, and autobiographical essays by Nobel laureates in economics.

The series presents materials in two fields, the history of economic thought, and the methodology of economics, both broadly considered. The main annual volumes present articles comparable to what one would find in a journal, except that long pieces are welcome. Also presented are review essays on new works in the two fields, some of which are multiple reviews; plus occasional mini-symposia. The archival supplements present hitherto unpublished materials - lecture notes, papers, longer manuscripts, correspondence, etc. - of interest in the two fields. The series presents review essays, multiple reviews and mini symposia on new-works in this field. The volumes are broad in scope and the series fills a substantial gap in this field.

Over the last twenty years, Ross B. Emmett has explored the work of Frank H. Knight, the philosopher of the Chicago School of economics. Knight occupies a paradoxical place in the history of Chicago economics: vital to the tradition's teaching of price theory and the twentieth-century re-articulation of the defense of free enterprise and liberal democracy, yet a critic (in advance) of the empirical and methodological orientation that has characterized Chicago economics and the rest of the discipline in the post-war period, and skeptical of liberalism's prospects. In the course of his investigation of Knight's work, Emmett has written not only about Knight's economics and philosophy, the nature of Chicago economics, and Knight's place in the Chicago tradition, but also about the application of hermeneutic theory to the history of economics, the relation of the history of economic thought to the discipline of economics, and the relation between economics and religion. His eight-volume collection of primary-source material on The Chicago Tradition in Economics, 1892-1945 was published by Routledge in 2001.

Many know the Chicago School of Economics and its association with Milton Friedman, George Stigler, Ronald Coase and Gary Becker. But few know the School's history and the full scope of its scholarship. In this Companion, leading scholars examine its history and key figures, and provide surveys of the School's contributions to central aspects of economics, including: price theory, monetary theory, labor and economic history. The volume examines the School's traditions of applied welfare theory and law and economics while providing a glimpse into emerging research on Chicago's role in the development of neoliberalism.A companion in the true sense of the word, this volume surveys a wide body of Chicago economic studies and guides readers carefully through each. The Companion offers biographies of leading Chicago economists and evaluations of the School's connection to approaches to economics that draw from and complement the School, including the Virginia School and the work of Armen Alchian and Edward Lazear. Moreover, this book is a first in many respects as it analyzes the interconnections of the Chicago School's theory, methodology, and policy, and considers by what means and ideas the School's policy framework is driven. The breadth and depth of the insights presented here will appeal especially to students and scholars of economics and historians interested in economics, social science and applied public policy. Ross B. Emmett is Professor of Political Economy and Political Theory and Constitutional Democracy, and Co-Director of the Michigan Center for Innovation and Economic Prosperity at James Madison College, Michigan State University, USA.

Over the last twenty years, Ross B. Emmett has explored the work of Frank H. Knight, the philosopher of the Chicago School of economics. Knight occupies a paradoxical place in the history of Chicago economics: vital to the tradition's teaching of price theory and the twentieth-century re-articulation of the defense of free enterprise and liberal democracy, yet a critic (in advance) of the empirical and methodological orientation that has characterized Chicago economics and the rest of the discipline in the post-war period, and skeptical of liberalism's prospects. In the course of his investigation of Knight's work, Emmett has written not only about Knight's economics and philosophy, the nature of Chicago economics, and Knight's place in the Chicago tradition, but also about the application of hermeneutic theory to the history of economics, the relation of the history of economic thought to the discipline of economics, and the relation between economics and religion. His eight-volume collection of primary-source material on The Chicago Tradition in Economics, 1892-1945 was published by Routledge in 2001.

The series presents materials in two fields, the history of economic thought, and the methodology of economics, both broadly considered. The main annual volumes present articles comparable to what one would find in a journal, except that long pieces are welcome. Also presented are review essays on new works in the two fields, some of which are multiple reviews; plus occasional mini-symposia. The archival supplements present hitherto unpublished materials - lecture notes, papers, longer manuscripts, correspondence, etc.- of interest in the two fields. The series presents review essays, multiple reviews and mini symposia on new-works in this field. It includes volumes which are broad in scope. The series fills a substantial gap in this field.

Volume 39C of Research in the History of Economic Thought and Methodology, features a symposium marking the 100th anniversary of the publication of Frank H. Knight's Risk, Uncertainty, and Profit. The symposium features contributions from Per Bylund, Richard E. Wagner, our own Carlos Eduardo Suprinyak and his co-author, Thiago Oliveira, as well as an essay from guest editor Ross B. Emmett. The Volume also includes general-research essays from David C. Coker, J. Patrick Higgins, and Charles R. McCann, Jr.

Volume 26C contains five sets of lectures taken by Glenn Johnson as a doctoral student in economics at the University of Chicago during 1946-7.Johnson went on to become a leading professor of agricultural economics at Michigan State University. At Chicago his professors were among the foremost in the country.They included Frank Knight, Milton Friedman, D. Gale Johnson, John U. Nef, and T. W. Schultz, several future Nobel Prize winners.Also included are notes by Mark Ladenson (also from Michigan State) at Northwestern and from a faculty seminar at MSU on comparative method.

Periods of euphoria followed by sudden crashes are a familiar phenomenon in economics. Such events have become known as "bubbles". These volumes bring together writings on such phenomena - with works centering upon some of the more colourful examples.

Periods of euphoria followed by sudden crashes are a familiar phenomenon in economics. Such events have become known as "bubbles". These volumes bring together writings on such phenomena - with works centering upon some of the more colourful examples.

Periods of euphoria followed by sudden crashes are a familiar phenomenon in economics. Such events have become known as "bubbles". These volumes bring together writings on such phenomena - with works centering upon some of the more colourful examples.

Periods of euphoria followed by sudden crashes are a familiar phenomenon in economics. Such events have become known as bubbles. A bubble may be defined loosely as a sharp rise in price of an asset or a range of assets in a continuous process, with the initial rise generating expectations of further rises and attracting new buyers. The rise is then followed by a reversal of expectations and a sharp decline in price, often resulting in severe financial crisis - in short, the bubble bursts.

This book contains refereed articles on: contrasting relational conceptions of the individual in recent economics; the development of Adam Smith's style of lecturing; a comparison of problems encountered in the historian's work as editor, based upon editing Harrod's papers and Haberler's "Prosperity and Depression"; reminiscences on the New Deal by Jacob Viner; and Don Lavoie's lectures on comparative economic systems. It reviews essays on books about Schumpeter, Keynes, Mincer, comparative economic history, and the Chicago School; as well as reviews of books dealing with the repeal of the Corn Laws, economic systems and economic growth, the Enlightenment and post-modernism, and virtue ethics and capitalism.

Research in the History of Economic Thought and Methodology is an annual research series which presents materials in two fields, both broadly considered: the history of economic thought and the methodology of economics. The annual A-volume contains peer-reviewed articles comparable to other academic journals in the history of economics, except that long pieces are welcome. The A-volume also publishes symposia, and review essays on new works in the history of economic thought, methodology and related fields (philosophy of science, sociology of science, rhetoric of science, and intellectual history), including multiple reviews of the same work. The annual B- volume are archival supplements that present previously unpublished materials -- lecture notes, papers, longer manuscripts, correspondence, etc.- of interest in both fields addressed in the A-vol.

Research in the History of Economic Thought and Methodology is an annual research series which presents materials in two fields, both broadly considered: the history of economic thought and the methodology of economics. The annual A-volume contains peer-reviewed articles comparable to other academic journals in the history of economics, except that long pieces are welcome. The A-volume also publishes symposia, and review essays on new works in the history of economic thought, methodology and related fields (philosophy of science, sociology of science, rhetoric of science, and intellectual history), including multiple reviews of the same work. The annual B- volumes are archival supplements that present previously unpublished materials -- lecture notes, papers, longer manuscripts, correspondence, etc.- of interest in both fields addressed in the A-vol.

This volume includes archival documents and essays exploring the inter-relationship between the government and the economy. In the first piece, Levy, Peart, and Albert examine the one-sided controversy generated by Rose Wilder Lane and V. Orval Watts against a new generation of Keynes-influenced textbooks which focused on governmental policy and the scope of government activity. In addition to their essay, Levy et al. include significant and interesting historical documents as part of the story. The second piece, by Warren J. Samuels, examines Heinrich von Treitschke's view on property as a function of politics using archival documents. The last three pieces include a detailed examination of Warren J. Samuels' views on the economic role of government, based on his course notes in the area. Two sets of notes are published in addition to the introductory essay.

The collection includes both refereed articles and review essays of recently published books in the history of economic thought and methodology. The articles highlight the work of Warren J. Samuels (founding editor of the research annual), American economists' role in the creation of federal trade acts, and Islamic economic methodology. A review symposium on Malcolm Rutherford's The Institutionalist Movement in America is followed by reviews of books on Adam Smith, George Warde Norman, William Whewell and Richard Jones, J. S. Mill and F. A. Hayek, Catholic economic thought, and morality and economics.

This collection includes both refereed articles and review essays of recent books in the history of economic thought and methodology. The articles highlight research the historiography and methodology of the English Poor Laws, behavioural economics, and the socialist calculation debate; as well as A.D. Roy and portfolio theory and correspondence regarding John Maurice Clark's "Economics of Planning".

This volume publishes notes from Martin Bronfenbrenner's course in the Distribution of Income as taken by Warren J. Samuels at the University of Wisconsin in 1954. Bronfenbrenner, who received his PhD from the University of Chicago in 1939, was an unusually prolific author with wide ranging interests. 'The New Palgrave' entry on Bronfenbrenner notes that he was probably unique in holding simultaneous membership in both the Mt Pelerin Society and the Union of Radical Political Economists. Bronfenbrenner's work on income distribution is particularly important as it modified neoclassical theory to be able to address questions raised by both classical and neo-Marxian analysis. He described his own work as being 'summed up in the proposition that the distribution of income and wealth is an important factor in judging an economic system on welfare grounds, but that such emotive terms as 'maldistribution', 'exploitation', and 'poverty' are all subjective.' This volume thus provides an important archival source for economists working in mid-20th century history of economic thought as well as those interested in the evolution of neoclassical theory and the nexus between economics and Cold War politics.

This collection includes both refereed articles and review essays of recent books in the history of economic thought and methodology. The articles highlight research the historiography and methodology of the English Poor Laws, behavioural economics, and the socialist calculation debate; as well as A.D. Roy and portfolio theory and correspondence regarding John Maurice Clark's "Economics of Planning".