Università degli Studi di Torino

Università degli Studi di Torino
LECTURES ON THE HISTORY OF ECONOMIC THOUGHT
ECONOMIC THEORY IN THE XXth CENTURY
ROBERTO MARCHIONATTI
(University of Torino)
The course purports to review some crucial moments in the development of economic ideas in the
XXth century that are relevant for the theoretical and methodological debates of present times.
PROGRAMME
1. Introduction: why do we study the history of economics ?
2. Economic theory, 1890-1915
2.1. Introduction
2.2.The economics of Alfred Marshall and the old Cambridge school
2.3. The economics of Lausanne school (Walras and Pareto)
2.4. Great controversies: the Edgeworth-Walras controversy on the application of
mathematics to political economy
3. Economic theory, 1919-1939
3.1. Introduction
3.2.The Criticism of Marshall in the 1920s
3.3. Economics in Vienna in the 1930s
3.4. The economics of John M. Keynes
3.5. Great controversies: the Keynes-Tinbergen controversy on econometric method
4. Post-war Economic theory
4.1. Introduction
4.2. Harvard-Chicago economics
4.3. Non-Walrasian economics
INTRODUCTORY READING
W.J. Baumol, “What Marshall didn’t know: on the Twentieth century’s contributions to economics”,
Quarterly Journal of Economics, February 2000, 1-44
S. Bowles and H. Gintis, “Walrasian economics in retrospect”, Quarterly Journal of Economics,
November 2000, 1411-1439
R. Marchionatti, “What don’t economists know that Marshall knew a century ago ? A note on
Marshall’s ‘sophisticated informality’”, Journal of Post Keynesian Economics, Spring 2004, 441-460
Other papers will be available before the lectures.
LECTURES CALENDAR
February, 23 – 24, 2006
March,
1-2-3, 2006
March,
9 – 10, 2006
March, 15-16-17, 2006
11-13 (DECC Ph.D. students)
Dip. Economia, via Po 53, Torino
11-13 (DECC Ph.D. students)
Dip. Economia, via Po 53, Torino
10-12 (IEL Ph.D. students)
Real Collegio, Moncalieri
10-12 (DECC & IEL Ph.D. students) Real Collegio, Moncalieri