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Mark Blaug on the quantity theory: a skirmish on the border between science and ideology in the history of economic thought

In: Mark Blaug: Rebel with Many Causes

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  • David Laidler
Abstract
This collection of eminent contributions discusses the ideas and works of Mark Blaug, who has made important and often pioneering contributions to economic history, economic methodology, the economics of education, development economics, cultural economics, economic theory and the history of economic thought. Besides these assessments of Blaug’s influence and impact in these fields, this volume also contains a selection of personal portraits which depict him as a colleague, a friend and an opponent. Blaug was also a voracious reader and prolific writer, which is clearly evidenced by the comprehensive bibliography.

Suggested Citation

  • David Laidler, 2013. "Mark Blaug on the quantity theory: a skirmish on the border between science and ideology in the history of economic thought," Chapters, in: Marcel Boumans & Matthias Klaes (ed.), Mark Blaug: Rebel with Many Causes, chapter 7, pages 63-77, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:15224_7
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    References listed on IDEAS

    as
    1. David E.W. Laidler, 2016. "The Golden Age of the Quantity Theory," Economics Books, Princeton University Press, edition 1, number 4959.
    2. Mark Blaug & Walter Eltis & Dennis O’Brien & Don Patinkin & Robert Skidelsky & Geoffrey Wood, 1995. "The Quantity Theory of Money," Books, Edward Elgar Publishing, number 73.
    3. Henry C. Simons, 1936. "Rules versus Authorities in Monetary Policy," Journal of Political Economy, University of Chicago Press, vol. 44(1), pages 1-1.
    4. Friedman, Milton, 1984. "Lessons from the 1979-82 Monetary Policy Experiment," American Economic Review, American Economic Association, vol. 74(2), pages 397-400, May.
    5. David Laidler, 2004. "From Bimetallism to Monetarism: The Shifting Political Affiliation of the Quantity Theory," Chapters, in: Ingo Barens & Volker Caspari & Bertram Schefold (ed.), Political Events and Economic Ideas, chapter 1, Edward Elgar Publishing.
    6. David Laidler, 2003. "The role of the history of economic thought in modern macroeconomics," Chapters, in: Paul Mizen (ed.), Monetary History, Exchange Rates and Financial Markets, chapter 1, Edward Elgar Publishing.
    7. B. C. Eaton & Richard G. Harris (ed.), 1997. "Trade, Technology and Economics," Books, Edward Elgar Publishing, number 1020.
    8. Lucas, Robert E, Jr, 1996. "Nobel Lecture: Monetary Neutrality," Journal of Political Economy, University of Chicago Press, vol. 104(4), pages 661-682, August.
    9. Robinson, Joan, 1970. "Quantity Theories Old and New," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 2(4), pages 504-512, November.
    10. repec:bla:ecorec:v:67:y:1991:i:199:p:289-306 is not listed on IDEAS
    11. Friedman, Benjamin M, 1984. "Lessons from the 1979-82 Monetary Policy Experiment," American Economic Review, American Economic Association, vol. 74(2), pages 382-387, May.
    12. Mark Blaug, 2001. "No History of Ideas, Please, We're Economists," Journal of Economic Perspectives, American Economic Association, vol. 15(1), pages 145-164, Winter.
    13. Benjamin M. Friedman, 1984. "Lessons from the 1979-1982 Monetary Policy Experiment," NBER Working Papers 1272, National Bureau of Economic Research, Inc.
    14. Paul Mizen (ed.), 2003. "Monetary History, Exchange Rates and Financial Markets," Books, Edward Elgar Publishing, number 2818.
    15. David Laidler, 1991. "The Quantity Theory is Always and Everywhere Controversial—Why?," The Economic Record, The Economic Society of Australia, vol. 67(4), pages 289-306, December.
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