POLITICAL ECONOMY AND THE ‘MODERN VIEW’ AS REFLECTED IN THE HISTORY OF ECONOMIC THOUGHT

Mário Graça Moura () and Antonio Almodovar
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Mário Graça Moura: FEP.UP

FEP Working Papers from Universidade do Porto, Faculdade de Economia do Porto

Abstract: This paper focuses on the gradual decomposition of classical political economy and its transformation into ‘economics’, a process which was to culminate in the conception of ‘theory’ as a mere engine of analysis. Why exactly did modern ‘economics’ become accepted? What was meant to be achieved – and was it? And why did some writers reject both old political economy and modern economics? We intend to contribute to an understanding of these issues by analysing a set of representative histories of economic ideas from this period: those by Luigi Cossa (1880), John Kells Ingram (1915, originally published in 1888), and Charles Gide and Charles Rist (1915).

Keywords: : History of Economic Thought; Methodology; Classical Economics. (search for similar items in EconPapers)
JEL-codes: B1 B4 (search for similar items in EconPapers)
Pages: 34 pages
Date: 2012-12
New Economics Papers: this item is included in nep-his and nep-hpe
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Persistent link: https://EconPapers.repec.org/RePEc:por:fepwps:476

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