front cover of The Economist as Public Intellectual, Volume 45
The Economist as Public Intellectual, Volume 45
Steven G. Medema and Tiago Mata, special issue editors
Duke University Press
The Economist as Public Intellectual examines the power of individual economists to intervene in public affairs and argues that economists’ public interventions have had profound consequences for both the structure and the content of the public sphere. Focusing on the encounters between economists and their publics in the United Kingdom and the United States, the essays in this volume demonstrate how publicity served different purposes in the evolving configurations of academe, business, government, and media during the twentieth century. The economists discussed include Gary Becker, Milton Friedman, John Kenneth Galbraith, and John Maynard Keynes. This volume concludes with a timely examination of economists’ reaction to the current financial downturn.

Subscribers to History of Political Economy will receive a copy of The Economist as Public Intellectual.

Tiago Mata is Senior Research Associate in the Department of History and Philosophy of Science at the University of Cambridge. Steven G. Medema is Professor of Economics at the University of Colorado at Denver.

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Market Failure in Context
Alain Marciano and Steven G. Medema, special issue editors
Duke University Press

This volume explores the social, political, and intellectual contexts in which twentieth-century notions of market failure were developed. Markets can fail to perform in ways that best promote the larger interests of society: this idea is as old as economics itself and is one of the most crucial issues with which economic thinkers have had to grapple. However, while the history of the theory of market failure has received some critical examination, little attention has been paid to the larger contexts in which these theoretical analyses emerged. Contributors to this volume directly examine these contexts to gain a greater understanding of and appreciation for the influence of external ideas and events on the development of economic theories and to stimulate additional scholarship around this important facet of the history of economics.

Contributors. Nahid Aslanbeigui, Roger E. Backhouse, Bradley W. Bateman, Sebastian Berger, David Colander, J. Daniel Hammond, Marianne Johnson, Thomas C. Leonard, Alain Marciano, Steven G. Medema, Guy Oakes, Malcolm Rutherford, John D. Singleton

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front cover of The Role of Government in the History of Economic Thought
The Role of Government in the History of Economic Thought
2005 Supplement, Volume 37
Steven G. Medema and Peter Boettke
Duke University Press
The Role of Government in the History of Economic Thought examines a controversial area of economic analysis: the appropriate role of government within the economic system. If the first two-thirds of the twentieth century were dominated by the active involvement of economists in government policymaking, blurring the lines between the spheres of economics and politics, then the last several decades have witnessed something of a reversion to the classical economics of Adam Smith and John Stuart Mill. This volume offers a comprehensive and integrated history of the evolution of the relationship between governments and economies, examining the British classical tradition, the American progressive movement, and corporatist ideology.
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