Tag Archives: Chicago school

Paul Samuelson: Chicago is not so much a place as a state of mind

In 1954, a future Nobel laureate in economic sciences Paul Samuelson published one of his seminal articles “The Pure Theory of Public Expenditure”, which formalized the concept of public goods (which he called “collective consumption goods”) — i.e. goods that … Continue reading

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Is Homo Economicus Dead?

by Peter Fleming* In Martin Scorsese’s film The Wolf of Wall Street the narcissistic, egotistical and money hungry investment banker Jordan Belford memorably summed up his attitude to life: “Let me tell you something. There’s no nobility in poverty. I’ve been … Continue reading

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The Past, Present, and Future of Economics for History

The summer issue of Social Science History was devoted to the theme of “The Past, Present, and Future of Economics for History” and it has several interesting papers (open access): – Perhaps We Can Talk: David B. Riden Comments for “Taking Stock … Continue reading

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