History of Economic Thought

    Understanding how economists conceived of the economy and of economic problems in different periods and settings allows current economists to resurrect valuable theoretical insights. These inform a new economic thinking that responds to the challenges of our own time.

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    Worrying About the Deficit is So 17th Century

    In “celebration” of the late Pete Peterson’s 92nd birthday (see guest list), an excerpt from 19th Century historian Lord Macaulay’s History of England, on hundreds of years of unwarranted panic about government debt. Read more

    Nancy Folbre’s Feminist, Unorthodox Economics

    The renowned feminist economist discusses the importance of heterodoxy, radicalism, and social justice to the discipline Read more