Publications and Research
Document Type
Article
Publication Date
2011
Abstract
Six volumes in the Great Thinker in Economics Series were chosen by the Editors for this review, which focuses on The Cambridge School of Economics, so very different from the mainstream theory of general economic equilibrium which gives formal expression to Lionel Robbins’ famous definition of the subject as the allocation of scarce means among alternative uses. In recognition of a distinct Cambridge School, the authors of these volumes present a variety of arguments within which three overlapping themes can be discerned: the relationship between ethics and economics; the role of stocks and flows in economic analysis; and the epistemic problem surrounding the role of creativity, which has eluded the skills of formalists. The once pervasive influence of Alfred Marshall, John Maynard Keynes, Dennis Robertson, Piero Sraffa, Joan Robinson and Nicholas Kaldor can only be recovered with some such set of general themes in mind.
Comments
This is a pre-copyedited, author-produced version of an article accepted for publication in Cambridge Journal of Economics following peer review. The version of record, Gram, Harvey. "Six Titans of the Cambridge School: A Review Article," Cambridge Journal of Economics, vol. 35, 2011, pp. 973-994 is available online at: https://doi.org/10.1093/cje/ber007.