Talk:History of economic thought/Draft

Article Checklist for "History of economic thought/Draft"

Workgroup category or categories	Economics Workgroup [Categories OK]
Article status	Developing article: beyond a stub, but incomplete
Underlinked article?	No
Basic cleanup done?	Yes
Checklist last edited by	--Martin Baldwin-Edwards 19:12, 22 September 2007 (CDT)Larry Sanger 23:23, 9 April 2007 (CDT); JPRC 13:37, 28 March 2007 (CDT)

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Conversion to History of Economic thought

Having eliminated material that is irrelevant to the new subject heading, I propose to develop the opening section to cover changes of scope and methodology, and make major changes elsewhere, referring to the introduction of economic statistics and the development of inductive methodologies. I propose also to say much more about Keynesianism, monetarism and welfare economics. Any other suggestions?

Nick Gardner 02:38, 24 September 2007 (CDT)

Revised opening paragraph

I have tried to avoid introducing too much economic terminology at this stage, preferring to concentrate upon the development of ideas. The reader is soon enough introduced to terms such as classical economics, Keynesian revolution etc, and there is a danger of going on too long and losing the reader's attention.

Does anyone disagree?

Nick Gardner 05:13, 24 September 2007 (CDT)

Is that right about Ricardo?

I was surprised to read that Ricardo predicted a steady state of universal misery

Can someone, more familiar than I am with Ricardo's work, please advise me whether this is accurate - and if it is, whether it is central enough to his contribution to warrant inclusion here.

Nick Gardner 05:19, 24 September 2007 (CDT)

Title

I've moved the article to history of modern economic thought from history of economic thought, modern. This is, I think, a much clearer and more felicitous phraseology--and it's consistent with our policy, moreover. --Larry Sanger 10:09, 24 September 2007 (CDT)

Massive improvements

This is actually beginning to look like a respectable encyclopedia article!--Martin Baldwin-Edwards 10:32, 24 September 2007 (CDT)

Change of Title

The change of title is, I suggest, a mistake. Very few readers would consider eighteenth century thinking to be modern. The prominence given in the article to preclassical economics also seems to be misplaced. The material in that article, although of considerable academic interest, has little bearing upon subsequent developments.

I suggest moving the new opening sentence to a position immediately following the previous opening sentence and returning to the original title.

Nick Gardner 00:46, 25 September 2007 (CDT)

Massive improvements

Thank you.

But having looked at it with an editorial, eye, I am sorry to say that I think further massive improvements will be needed before it could lay claim to acceptability, let alone respectability.

I will try to repair its omissions regarding, for example, general equilibrium, the circular flow of income and the methodological novelties in Keynesianism and monetarism. And I will consider adding references to some more recent developments such as increasing returns to scale.

This will take some time unless I get help!

Nick Gardner 02:00, 25 September 2007 (CDT)