Experimental Economics and the History of Economics

Michael McLure

Chapter 5 in The Paretian School and Italian Fiscal Sociology, 2007, pp 85-98 from Palgrave Macmillan

Abstract: Abstract In ‘Economia sperimentale’ (Pareto 1918a [1980]), Pareto’s very important and final article published in the Giornale degli Economisti, attention is given to the meaning of experimental economics. It is an important article because of it’s differentiation between the economic and sociological parts of economic phenomena, and the suggestion that the history of economics is an aspect of experimental economics when the sociological part dominates. In relation to the latter point, Pareto provides a clear and unequivocal reflection on the relevance of the history of economic thought for the analysis of sociological influences on economic phenomena.

Keywords: Monetary Policy; Experimental Economic; Economic Good; Economic Thought; Intellectual History (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-59626-9_5

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DOI: 10.1057/9780230596269_5

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