Oxford Economics and Oxford Economists - download pdf or read online

By Warren Young, Frederic S. Lee (auth.)

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Welfare. or socialism. zo From Oxford Politicol EcolWmy to Oxford Economics 25 By 1939, the new wave of Oxford economics was finn1y in place. Even the Keynesian approach to macroeconomics was by then no longer 'revolutionary' but 'conventional wisdom' amongst Oxford economists and students alike, while marginal ism and in panicular the theory of imperfect competition was already somewhat 'dated'. Similarly. the new methodological fashion of mathematisation of economics and the construction of formal models was widespread and accepted, even to the point that the students were becoming bener equipped than their teachers.

HilCh. Marschak, Meade and Phelps Brown. Consequenlly, the tutorials and lectures began to reflect this. While the basic tutorial srill staned with Smith. Ricardo, and Mill and led 10 Marshall, there: was more of a concentration on twentieth century authors, especially those who wrote after 1920. In particular, the writings of Robbins. Hicks. J. Robinson, Chamberlin, Wicksell, Cassel. Fisher. Keynes. Harrod. Taussig. Haberler and Schumpeter were included in the unofficial reading guide for students reading PPE and thus became the staple readings of most students.

When war broke out in 1914, he took a position in the statistical section in the Board of Trade. After the war. Henderson returned to take up a lectureship at Cambridge and wrote what was to become the best known of his Works, his book Supply and Demand which was widely used both in Oxford and Cambridge. While at Cambridge he became involved with the Liberal Party and, in 1923, Keynes persuaded him to take the editorship of The Nation and the Atheneum, which had become the official organ of the Party.

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