A Social Economy

David Reisman ()
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David Reisman: University of Surrey

Chapter Chapter 5 in Sidney and Beatrice Webb, 2022, pp 73-87 from Palgrave Macmillan

Abstract: Abstract The Webbs, teaching themselves economics from Mill, Fawcett, Schmoller and Marshall’s Principles, were living at a period when the neoclassical orthodoxy was being challenged by institutionalism, Marxism, historicism, Christian social thought and surviving Ricardianism. Because all is in flux, the Webbs used economic history to make sense of the past and to extrapolate into the future. Theories become obsolete. Fact-gathering does not.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:pal:gtechp:978-3-031-10008-6_5

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DOI: 10.1007/978-3-031-10008-6_5

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