Review of The Economic Clashes of the Last Hundred Years by Larry H. White,

Tomáš Otáhal

doi:10.62374/q3cz6x92

Authors

Tomáš Otáhal Charles University

DOI:

https://doi.org/10.62374/q3cz6x92

Keywords:

clashes, central planning, calculation, depression, institutionalism, macroeconomics

Abstract

Is L.H. White’s book, The Economic Clashes of the Last Hundred Years (2012), a modern text book of the history of economic thought? Kuhn (1970) argues that scientific development is a matter of the competition between theoretical paradigms. Coase (1994) applies this argument on the development of the economic theory. White (2012) tries to illustrate this argument on the development of economic theory of the last hundred years. In my opinion, this is how modern and advanced text books of the history of economic thought might be written.

References

Coase, R. (1994). How should economists choose? In Essays on Economics and Economists. Chicago, IL: The University of Chicago Press. https://doi.org/10.7208/chicago/9780226051345.001.0001

Kuhn, T. S. (1970). The Structure of Scientific Revolutions. Chicago: Chicago University Press.

Schumpeter, J. A. (1994). History of Economic Analysis. New York, NY: Oxford University Press.

White, L. H. (2012). The Economic Clashes of the Last Hundred Years. Cambridge: Cambridge University Press.