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  1. Home
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  3. English Historical Economics, 1870–1926
  • Cited by 14
Publisher:
Cambridge University Press
Online publication date:
November 2011
Print publication year:
1988
Online ISBN:
9780511983832
DOI:
https://doi.org/10.1017/CBO9780511983832
Subjects:
Economics, Econophysics and Financial Physics, Physics and Astronomy, Economic Thought, Philosophy and Methodology
Series:
Historical Perspectives on Modern Economics
Information

Book description

In the first comprehensive and full-length study of the English historical economists, Gerard Koot traces their revolt against the theory, policy recommendations and academic dominance of classical and neoclassical economics in Britain between 1870 and 1926. English Historical Economics, 1870–1926 shows how these historical critics challenged the deductive method and mechanistic assumptions of the economic orthodoxy, developing an historical and inductive method for economic studies and laying the foundation for the professional study of economic history. The author examines the effect of this new methodology upon English politics, discussing the intellectual framework that the historical economists provided for the conservative attack on laissez-faire philosophy in links between such larger social, economic, political and intellectual controversies and the origin and growth of English historical economics.

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