Monday, September 10, 2018

The protean 1940s moment in political economy

Key primary texts for a seminar:

  • James Burnham, The Managerial Revolution (1941).
  • Joseph Schumpeter, Capitalism, Socialism, and Democracy (1942).
  • Clare Boothe Luce, “A Luce Forecast for a Luce Century” (1942)
  • Paul Rosenstein-Rodan, "Problems of Industrialisation of Eastern and South-Eastern Europe" (1943).
  • Michael Kalecki, "Political Aspects of Full Employment" (1943).
  • Ayn Rand, The Fountainhead (1943).
  • Rose Wilder Lane, The Discovery of Freedom (1943).
  • Isabel Paterson, The God of the Machine (1943).
  • Friedrich Hayek, The Road to Serfdom (1944).
  • Karl Polanyi, The Great Transformation (1944).
  • David Lilienthal, TVA: Democracy on the March (1944).
  • Thakurdas, et al., A Brief Memorandum Outlining a Plan of Economic Development for India (1944).
  • William Beveridge, Full Employment in a Free Society (1944).
  • Vannevar Bush, Science—The Endless Frontier (1945).
  • Peter Drucker, Concept of the Corporation (1946).
  • George Orwell, "James Burnham and the Managerial Revolution" (1946).
  • Lawrence Klein, The Keynesian Revolution (1947).
  • Paul Samuelson, Foundations of Economic Analysis, 1st ed. (1947), p. 203-228.
  • Lemuel Boulware, "Salvation is Not Free" (1949).

Secondary Sources
  • Angus Burgin, The Great Persuasion: Reinventing Free Markets Since the Great Depression (Harvard, 2012).
  • Beatrice Cherrier, "The lucky consistency of Milton Friedman’s science and politics, 1933-1963." Building Chicago Economics: New Perspectives on the History of America’s Most Powerful Economics Program (2011): 335-67.
  • Derrick Chong, "The relevance of management to society: Peter Drucker's oeuvre from the 1940s and 1950s." Journal of Management History 19.1 (2013): 55-72.
  • Marion Fourcade, Economists and societies: Discipline and profession in the United States, Britain, and France, 1890s to 1990s (Princeton, 2009).
  • John Ikenberry, "The Political Origins of Bretton Woods" (1993)
  • Daniel Immerwahr, "Polanyi in the United States: Peter Drucker, Karl Polanyi, and the Midcentury Critique of Economic Society." Journal of the History of Ideas 70.3 (2009): 445-466.
  • Philip Mirowski, "Economics, science, and knowledge: Polanyi vs. Hayek." Tradition and Discovery: The Polanyi Society Periodical 25.1 (1998): 29-42.
  • Quinn Slobodian, Globalists: The End of Empire and the Birth of Neoliberalism (Harvard, 2018).
  • Robert M. Solow, "How Did Economics Get That Way and What Way Did It Get?" Daedalus 126.1 (Winter, 1997), pp. 39-58.
  • Daniel Stedman-Jones, Masters of the Universe: Hayek, Friedman, and the Birth of Neoliberal Politics (Princeton, 2012).
  • E.R. Weintraub, How Economics Became a Mathematical Science (Duke, 2002).



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