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RESEARCH IN THE HISTORY OF ECONOMIC THOUGHT AND METHODOLOGY

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RESEARCH IN THE HISTORY OF ECONOMIC THOUGHT AND METHODOLOGY

Founding Editor: Warren J. Samuels (1933–2011)

Series Editors: Luca Fiorito, Scott Scheall, and Carlos Eduardo Suprinyak

Recent Volumes:

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EDITORIAL BOARD

• Michele Alacevich

  University of Bologna, Italy

• Rebeca Gomez Betancourt

  University of Lumière Lyon 2, France

• John Davis

  Marquette University, USA; University of Amsterdam, The Netherlands

• Till Düppe

  Université du Québec à Montréal, Canada

• Ross B. Emmett

  Arizona State University, USA

• Andrew Farrant

  Dickinson College, USA

• Nicola Giocoli

  University of Pisa, Italy

• Harald Hagemann

  University of Hohenheim, Germany

• Tiago Mata

  University College, London, UK

• Steven Medema

  Duke University, USA

• Gary Mongiovi

  St. John’s University, USA

• Mary Morgan

  London School of Economics, London, UK

• Maria Pia Paganelli

  Trinity University, USA

• Gerardo Serra

  University of Manchester, UK

Title Page

RESEARCH IN THE HISTORY OF ECONOMIC THOUGHT AND METHODOLOGY - VOLUME 41C

RESEARCH IN THE HISTORY OF ECONOMIC THOUGHT AND METHODOLOGY: INCLUDING A SYMPOSIUM ON JOHN KENNETH GALBRAITH: ECONOMIC STRUCTURES AND POLICIES FOR THE TWENTY-FIRST CENTURY

EDITED BY

LUCA FIORITO

University of Palermo, Italy

SCOTT SCHEALL

Arizona State University, USA

AND

CARLOS EDUARDO SUPRINYAK

American University of Paris, France

United Kingdom – North America – Japan – India – Malaysia – China

Copyright Page

Emerald Publishing Limited

Emerald Publishing, Floor 5, Northspring, 21-23 Wellington Street, Leeds LS1 4DL.

First edition 2024

Editorial matter and selection © 2024 Luca Fiorito, Scott Scheall and Carlos Eduardo Suprinyak. Published under exclusive licence.

Individual chapters © 2024 Emerald Publishing Limited.

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No part of this book may be reproduced, stored in a retrieval system, transmitted in any form or by any means electronic, mechanical, photocopying, recording or otherwise without either the prior written permission of the publisher or a licence permitting restricted copying issued in the UK by The Copyright Licensing Agency and in the USA by The Copyright Clearance Center. Any opinions expressed in the chapters are those of the authors. Whilst Emerald makes every effort to ensure the quality and accuracy of its content, Emerald makes no representation implied or otherwise, as to the chapters’ suitability and application and disclaims any warranties, express or implied, to their use.

British Library Cataloguing in Publication Data

A catalogue record for this book is available from the British Library

ISBN: 978-1-80455-931-4 (Print)

ISBN: 978-1-80455-930-7 (Online)

ISBN: 978-1-80455-932-1 (Epub)

ISSN: 0743-4154 (Series)

Contents

About the Editors

Luca Fiorito received his PhD in Economics from the New School for Social Research in New York and is currently Professor at the University of Palermo. His main area of interest is the history of American economic thought in the Progressive Era and the interwar years. He has published many works on the contributions of the institutionalists and on the relationship between Economics and Eugenics.

Scott Scheall is Assistant Professor in the Faculty of Social Science in Arizona State University’s College of Integrative Sciences and Arts. He has published extensively on topics related to the History and Philosophy of the Austrian School of Economics. Scott is the Author of F. A. Hayek and the Epistemology of Politics: The Curious Task of Economics (Routledge, 2020) and Dialogues Concerning Natural Politics: A Modern Philosophical Dialogue About Policymaker Ignorance (Substack, 2023).

Carlos Eduardo Suprinyak is Associate Professor of Economics at the American University of Paris. He specializes in the history of Political Economy, exploring the intersections between Economics and Politics in different historical contexts, from early modern England to Cold War Latin America. Besides numerous papers in peer-reviewed journals, he is also Co-editor of The Political Economy of Latin American Independence (Routledge, 2017) and Political Economy and International Order in Interwar Europe (Palgrave, 2020).

List of Contributors

Volume Introduction

Volume 41C of Research in the History of Economic Thought and Methodology features a symposium on the work of John Kenneth Galbraith, guest edited by Richard P. F. Holt. The symposium includes contributions from Steven Pressman, Alexander Chirat, Eric Scorsone, and Adem Yavuz Elveren, as well as a recently discovered archival piece, originally written by Galbraith in 1979, and edited for the symposium by Holt, Chirat, and Basile Clerc.

The volume also includes new research essays by William McColloch and Matías Vernengo on the history of regulation, and Irène Berthonnet on Maurice Allais’s role in the development of the concept of Pareto efficiency.

The Editors of Research in the History of Economic Thought and Methodology

Luca Fiorito

Scott Scheall

Carlos Eduardo Suprinyak