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Research in the History of Economic Thought and Methodology, Volume 25A: A Research Annual (Research in the History of Economic Thought and Methodology) ... History of Economic Thought and Methodology) PDF

157 Pages·2007·1.07 MB·English
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RESEARCH IN THE HISTORY OF ECONOMIC THOUGHT AND METHODOLOGY A Research Annual RESEARCH IN THE HISTORY OF ECONOMIC THOUGHT AND METHODOLOGY Series Editors: Warren J. Samuels, Jeff E. Biddle and Ross B. Emmett Recent Volumes: Volume 23A: Research in the History of Economic Thought and Methodology: A Research Annual; Warren J. Samuels, Jeff E. Biddle and Ross B. Emmett; 2005 Volume 23B: Research in the History of Economic Thought and Methodology: Documents from F. Taylor Ostrander; Warren J. Samuels; 2005 Volume 23C: Research in the History of Economic Thought and Methodology: Further University of Wisconsin Materials and Further Documents of F. Taylor Ostrander; Warren J. Samuels; 2005 Volume 24A: Research in the History of Economic Thought and Methodology: A Research Annual; Warren J. Samuels, Jeff E. Biddle and Ross B. Emmett; 2006 Volume 24B: Research in the History of Economic Thought and Methodology: Further Documents from F. Taylor Ostrander; Warren J. Samuels; 2006 Volume 24C: Research in the History of Economic Thought and Methodology: Documents From and On Economic Thought; Warren J. Samuels; 2006 RESEARCH IN THE HISTORY OF ECONOMIC THOUGHT AND METHODOLOGY VOLUME 25-A RESEARCH IN THE HISTORY OF ECONOMIC THOUGHT AND METHODOLOGY A Research Annual EDITED BY WARREN J. SAMUELS Department of Economics, Michigan State University, East Lansing, MI 48824, USA JEFF E. BIDDLE Department of Economics, Michigan State University, East Lansing, MI 48824, USA ROSS B. EMMETT James Madison College, Michigan State University, East Lansing, MI 48825, USA Amsterdam – Boston – Heidelberg – London – New York – Oxford Paris – San Diego – San Francisco – Singapore – Sydney – Tokyo JAIPressisanimprintofElsevier JAIPressisanimprintofElsevier TheBoulevard,LangfordLane,Kidlington,OxfordOX51GB,UK Radarweg29,POBox211,1000AEAmsterdam,TheNetherlands 525BStreet,Suite1900,SanDiego,CA92101-4495,USA Firstedition2007 Copyrightr2007ElsevierLtd.Allrightsreserved Nopartofthispublicationmaybereproduced,storedinaretrievalsystem ortransmittedinanyformorbyanymeanselectronic,mechanical,photocopying, recordingorotherwisewithoutthepriorwrittenpermissionofthepublisher PermissionsmaybesoughtdirectlyfromElsevier’sScience&TechnologyRights DepartmentinOxford,UK:phone(+44)(0)1865843830;fax(+44)(0)1865853333; email:permissions@elsevier.com.Alternativelyyoucansubmityourrequestonlineby visitingtheElsevierwebsiteathttp://elsevier.com/locate/permissions,andselecting ObtainingpermissiontouseElseviermaterial Notice Noresponsibilityisassumedbythepublisherforanyinjuryand/ordamagetopersons orpropertyasamatterofproductsliability,negligenceorotherwise,orfromanyuse oroperationofanymethods,products,instructionsorideascontainedinthematerial herein.Becauseofrapidadvancesinthemedicalsciences,inparticular,independent verificationofdiagnosesanddrugdosagesshouldbemade BritishLibraryCataloguinginPublicationData AcataloguerecordforthisbookisavailablefromtheBritishLibrary ISBN: 978-0-7623-1422-5 ISSN: 0743-4154(Series) ForinformationonallJAIPresspublications visitourwebsiteatbooks.elsevier.com PrintedandboundintheUnitedKingdom 07 08 09 10 11 10 9 8 7 6 5 4 3 2 1 CONTENTS LIST OF CONTRIBUTORS ix EDITORIAL BOARD xi REVIEW ESSAYS Meadowcroft’s THE ETHICS OF THE MARKET The Ethical Case for the Market Ayman Reda 3 The Libertarian Fantasy of an Ethical Market Joseph E. Pluta 13 The Virtues, Complexity, and Limits of Markets David Schmidtz 25 Courgeau’s METHODOLOGY AND EPISTEMOLOGY OF MULTILEVEL ANALYSIS Methodological Holism and Individualism Confronted Warren J. Samuels 33 Hardin’s INDETERMINACY AND SOCIETY The Problematic Problematization of Choice and Action Daniel W. Bromley 39 Szenberg and Ramrattan’s REFLECTIONS OF EMINENT ECONOMISTS Essays in Autobiography William J. Barber 49 v vi CONTENTS Davis’s RICARDO’S MACROECONOMICS The Reinvention of Ricardo as an Applied Economist Terry Peach 53 Evensky’s ADAM SMITH’S MORAL PHILOSOPHY The Wealth of Nations and the Morality of Opulence Jack Russell Weinstein 61 Backhaus’s ELGAR COMPANION TO LAW AND ECONOMICS Complaining about the Companion Humberto Barreto 71 Hamowy’s POLITICAL SOCIOLOGY OF FREEDOM Spontaneous and not so Spontaneous Orders Peter McNamara 81 Ringman’s SURVIVING CAPITALISM How to Survive Capitalism Ayman Reda 89 Augello and Guidi’s ECONOMISTS IN PARLIAMENT IN THE LIBERAL AGE and Maloney’s THE POLITICAL ECONOMY OF ROBERT LOWE Parliamentary Economists in the Liberal Age Warren J. Samuels 97 Parisi and Rowley’s ORIGINS OF LAW AND ECONOMICS They May Not Be ‘‘Origins,’’ But They Are ‘‘Contributions’’ (For the Most Part) Nicholas Mercuro 125 Contents vii Jones’ CULTURES MERGING The Missing Cultural Foundations of Economic Globalization Jonas Zoninsein 135 NEW BOOKS RECEIVED 141 This page intentionally left blank LIST OF CONTRIBUTORS William J. Barber Department of Economics, Wesleyan University, USA Humberto Barreto Department of Economics, Wabash College, USA Daniel W. Bromley Department of Agricultural and Applied Economics, University of Wisconsin, USA Peter McNamara Department of Political Science, Utah State University, USA Nicholas Mercuro James Madison College, Michigan State University, USA; Michigan State University College of Law and James Madison College Michigan State University, USA Terry Peach Economics, University of Manchester, UK Joseph E. Pluta Department of Economics, St. Edward’s University, USA Ayman Reda Department of Economics, Grand Valley State University, USA Warren J. Samuels Department of Economics, Michigan State University, USA David Schmidtz Departments of Philosophy and Economics, University of Arizona, USA Jack Russell Weinstein Department of Philosophy and Religion, University of North Dakota, USA Jonas Zoninsein James Madison College, Michigan State University, USA ix

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