Against Samuelson’s Whig Interpretation of History of Economic Analysis and its Current Legitimation

Veselina Atanasova ()
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Veselina Atanasova: University of National and World Economy, Sofia, Bulgaria

Ikonomiceski i Sotsialni Alternativi, 2017, issue 1, 143-52

Abstract: The paper presents a negative view with respect to Paul Samuelson’s whig interpretation of history of economic analysis – to what he reduces historiography of economics, and actually against its current legitimation, seen in Medema and Waterman (2010) and Medema and Waterman, eds. (2014). The analysis is focused on the unity of Samuelson’s whig historical and theoretical approaches. The attention is drawn to a series of original methodological and theoretical views in his influential publications, identifying his position, which (views) as a matter of fact disprove his claim for ‘better’ whig interpretation of history of economic science. It is pointed out that it is not a mere idiosyncrasy of Samuelson’s contribution amongst the figures of post-World War II economics; it is an expression of the general tendency in mainstream economics to embody in its theory the whig historical approach.

Keywords: whig historiography; whig interpretation of history of economic analysis; Samuelson’s economics (search for similar items in EconPapers)
JEL-codes: B00 B20 B31 B40 (search for similar items in EconPapers)
Date: 2017
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