The hesitant hand : taming self-interest in the history of economic ideas / Steven G. Medema.

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The author explores what has been perhaps the central controversy in modern economics from Adam Smith to today. He traces the theory of market failure from the 1840s through the 1950s and subsequent attacks on this view by the Chicago and Virginia schools.

Bibliographic Details
Main Author: Medema, Steven G. (Author)
Language:English
Published: Princeton, N.J. : Princeton University Press, [2009], ©2009.
Subjects:
Free enterprise > History.
Economic policy > History.
Economics > History.
Economic history.
BUSINESS & ECONOMICS > Economics > Theory.
BUSINESS & ECONOMICS > Economic History.
Economic policy.
Economics.
Free enterprise.
Wirtschaftswissenschaften.
Marktmechanismus.
Wirtschaftstheorie.
Dogmengeschichte.
Wirtschaftsliberalismus.
Klassische Nationalökonomie.
Kritik.
Marktversagen.
Wohlfahrtstheorie.
Externer Effekt.
Wirtschaftspolitik.
Theorie.
Klassische Theorie.
Eigeninteresse.
Staatliche Einflussnahme.
Electronic books.
History.
Genre:
Electronic books.
History.
Online Access:
Connect to online resource - MSU authorized users (JSTOR)
Physical Description:1 online resource (xiii, 230 pages)
Format: Electronic eBook
Contents:
  • Adam Smith and his ancestors
  • Harnessing self-interest: Mill, Sidgwick, and the evolution of the theory of market failure
  • Marginalizing the market: Marshall, Pigou, and the Pigovian tradition
  • Marginalizing government I: from La Scienza delle Finanze to Wicksell
  • Coase's challenge
  • Marginalizing government II: the rise of public choice analysis
  • Legal fiction: the Coase theorem and the evolution of law and economics.