This work publishes for the first time Richard T. Ely's study of the history of American economic thought. Ely was both a reformer of economics and a leading economist between the 1880's and 1930's. A founder of the American economic association, he himself wrote on a vast number of topics. This history of American economics tells a story that is both straightforward and his own interpretation.
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...Warren J. Samuels deserves great credit for bringing to publication Richard T. Ely's fascinating history of American economic thought, reproducing Ely's 1931 draft manuscript. ...Samuels opens the volume with an excellent fifteen-page editorial introduction. Then follows the body of Ely's draft: twelve chapters and two appendices. ...Appendix 1 deals with collateral subjects, mostly American economists whose work Ely regards as less important. Appendix 2 updates the entire field with Ely's insightful treatment of contemporary (1931) American economics.
Journal of Economic Issues
Journal of Economic Issues
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