Business Cycles in Economic Thought underlines how, over the time span of two centuries, economic thought interacted with cycles in a continuous renewal of theories and rethinking of policies, whilst economic actions embedded themselves into past economic thought.

Alain Alcouffe, Monika Poettinger& Bertram Schefold (eds)

Business Cycles in Economic Thought A history

London: Routledge, 2017; 252 pp

A comparative study of the relationship between liberalism and the welfare state in Germany, Japan and the UK, focusing on the arguments used by economists. It is argued that liberals were prominent among those arguing for the welfare state as well as among those attacking it. Liberalism is a multi-faceted ideology.

Roger E. Backhouse, Bradley W. Bateman, Tamotsu Nishizawa & Dieter Plehwe (eds)

Liberalism and the Welfare State: Economists and Arguments for the Welfare State

Oxford: Oxford University Press, 2017; 264 pp

An intellectual biography of Paul Samuelson, covering the period when he was becoming established, culminating with the publication of Foundations of Economic Analysis, Economics: An Introductory Analysis,and the award of the first ever John Bates Clark Medal by the AEA.

Roger E. Backhouse

Founder of Modern Economics: Paul A. SamuelsonVolume 1: Becoming Samuelson, 1915-1948

Oxford: Oxford University Press, 2017; 760 pp

The concept of equilibrium is fundamental to economic theory, according to which, it exists when supply and demand are balanced. Equilibrium Models in Economics critically examines the major problematic assumptions employed to build equilibrium models. It gives particular attention to the assumptions used to characterize learning, knowledge and expectations.

Lawrence A. Boland

Equilibrium Models in Economics Purposes & Critical Limitations

Oxford: Oxford University Press, 2017; 286 pp

The aim of the book is to rehabilitate Ricardo as an unorthodox theorist on money and to suggest his relevance for modern analysis. It is divided into three parts: history, theory and policy.

Ghislain Deleplace

Ricardo on MoneyA Reappraisal

London: Routledge, 2017; 418 pp

The book offers a comprehensive account of how social comparisons have featured in the history of economic thought. Starting from Pre-classical authors and finishing with Behavioral economics and happiness research,it provides an assessment as to why social comparisons have been ignored by mainstream economists and considers their current and future usefulness.

Stavros A. Drakopoulos

Comparisons in Economic ThoughtEconomic interdependency reconsidered

London: Routledge, 2016; 180 pp

Kenneth Dyson & Ivo Maes (eds)

Architects of the EuroIntellectuals in the making ofthe European Monetary Union

Oxford: Oxford University Press, 2016; 336 pp

This book provides the first systematic historical examination of key architects of European monetary union in the period before its launch in 1999. Using original archival and interview research, it investigates the intellectual & career backgrounds of these architects, their networking skills, and their own doubts and reservations about the way in which monetary union was being constructed.

Giuseppe Freni, Heinz D. Kurz, Andrea Mario Lavezzi & Rodolfo Signorino (eds)

Economic Theory and its History

London: Routledge, 2016; 432 pp

The main themes in this book include production, value and distribution; endogenous economic growth; renewable and exhaustible natural resources; capital and profits; oligopolistic competition; effective demand and capacity utilization; financial regulation; and themes in the history of economic analysis. Several of the contributions are closely related to the works of Neri Salvadori.

11 articles by C.C. v. Weizsäcker, G. Tichy, J. Priewe, H.D. Kurz, H. Hagemann and others, presented at the 2015 conference of the Keynes Society which took place at the Schumpeter Centrein Graz. They discuss the long-run development of capitalism, the relation between Schumpeter and Keynes, as well as distribution and employment problems.

Harald Hagemann & Jürgen Kromphardt (eds)

Keynes, Schumpeter und die Zukunft der entwickelten kapitalistischen Volkswirtschaften

[Keynes, Schumpeter and the future of thedeveloped capitalist economies]

Marburg: Metropolis, 2016; 314 pp

The book contains nine contributions which were presented at the 2016 conference of the Keynes Society at the Research Centre for Social Sciences WZB in Berlin. The focus is set on the causes, consequences and ways out of the crisis of European integration from a Keynesian perspective.

Harald Hagemann & Jürgen Kromphardt (eds)

Die Krise der europäischen Integration auskeynesianischer Sicht

[The crisis in European Integration from a Keynesian perspective]

Marburg: Metropolis, 2017; 252 pp

Philipp Hoepp, Detlev Siebert & Heinz D. Kurz (academic consultant)

The Man Who Discovered Capitalism

Philipp Filmproduction, 2016; 52 min. DVD, video on demand: vimeo.com/ondemand/schumpeter

Apart from being entertaining (even for historians of economic thought!), this Schumpeter documentary is highly recommendable for use in class. Its mix of bio-pic, animated visualization of theories, and comments of prominent economists and entrepreneurs holds numerous highlights for discussion and can serve as introductory medium in a broad range of courses.

Gilles Jacoud (ed.)

Jean-Baptiste Say and Political Economy Text by Jean-Baptiste Say

London: Routledge, 2017; 280 pp

This work makes available a translation of Jean-Bapiste Say’s  main texts on the status of political economy which were not until now accessible in English. These texts explain what the field of study of political economy must be, the method it must use, the way in which it has progressively succeeded in constituting itself and the interest its study and the knowledge of its laws presents.

海因茨·德·库尔兹 alias Heinz D. Kurz

经济思想简史

Economic Thought: A Brief History

Beijing: China Social Sciences Press, 2016; 242 pp

注意英文版本

Heinz D. Kurz

Economic ThoughtA Brief History

New York: Columbia University Press, 2017; 224 pp

In this concise yet comprehensive history, Heinz D. Kurz traces the long arc of economic thought from its emergence in ancient Greece to its systematic presentation among the classical thinkers of the late 18th and early 19th centuries to the influential work of scholars such as Paul Samuelson and Kenneth J. Arrow. He concludes with a deft summation of world economists' major concerns today and their critical relation to world events.

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Heinz D. Kurz (ed.)

Studien zur Entwicklung der ökonomischen Theorie XXXI Geschichte der Entwicklungstheorien

[History of Theories of Development]

Berlin: Duncker & Humblot, 2017; 200 pp

This volume contains seven contributions to a conference of the history of thought committee in the Verein für Socialpolitik. Their focus is set on the development of theories of economic development, dealing with the early German Historical School, Sombart, Eucken, Myrdal, theories of external savings and increasing returns, and of balanced and unbalanced growth.

Alexander Linsbichler

Was Ludwig von Mises a Conventionalist?A New Analysis of the Epistemology of the Austrian School of Economics

London: Palgrave, 2017; 151 pp

This book presents a concise introduction to the epistemology and methodology of the Austrian School of economics as defended by Ludwig von Mises. Theauthor provides an innovative interpretation of  Mises’  arguments in favour of the a priori truth of praxeology.

Ivo Maes (ed.)

Alexandre LamfalussySelected Essays

Budapest: Magyar Nemzeti Bank, 2017; 405 pp

Alexandre Lamfalussy was not only an eminent central banker and architect of the euro, but also a brilliant intellectual. This reprint of a careful selection of his essays is a fitting tribute to him as well as a way of preserving the intellectual heritage of this great European.

Roberto Marchionatti & Mario Cedrini (eds)

Economics as Social ScienceEconomics imperialism and the challengeof interdisciplinarity

London: Routledge, 2017; 220 pp

Focusing on a main object of study of economic anthropology, namely primitive societies,the book retraces the origins of economics imperialism back to the birth of the discipline. By engaging with the neglected traditions of sociological and anthropological studies, the analysis offers suggestions for a more democratic cooperation between the social sciences.

Manuela Mosca

Antonio de Viti de MarcoA story worth remembering

New York: Palgrave Macmillan, 2016; 141 pp

The book provides insight into the remarkable life and work of the Italian economist Antonio de Viti de Marco (1858-1943). It presents eleven interviews with American and Italian scholars from various disciplines that providea profile of this major intellectual as an economictheorist, politician, and individual.

Maurizio Pugno

On the Foundations of Happinessin EconomicsReinterpreting Tibor Scitovsky

London: Routledge, 2016; 141 pp

This is the only book entirely devoted to Tibor Scitovsky’swork  on  ‘human  welfare’.  The  book  traces  the  evolution  of  Scitovsky’s original thought, arguing that he has been often misunderstood. Scitovsky is then reinterpreted in a new perspective, which was born in the tradition of J.S.Mill and Keynes, and which anticipated modern research in happiness economics and behavioural economics.

Philipp Robinson Roessner (ed.)

Economic Growth and the Originsof Modern Political EconomyEconomic reasons of state, 1500 - 2000

London: Routledge, 2016; 318 pp

This volume asks what can we learn from ‘old’  theories  (often classified  as  “heterodox”)  for  our understanding of history, our economic fate, and the prospects for the modern world’s  poorest  countries. Spanning across the past 500 years, this book brings together leading international contributors offering comparative perspectives with countries outside of Europe in order to place the evolution of modern economic knowledge into a broader reference framework.

Maria Eugenia Romero Sotelo

Los orígenes des neoliberalismoen MéxicoLa Escuela Austriaca

Ciudad de México: Fondo de Cultura Económica, 2016; 386 pp

The book describes the origin of the Austrian School and its influence on the Mexican history of political economy. The author provides details about the journeys of Ludwig von Mises and Friedrich A. von Hayek to Mexico to meet with Luis Montes de Oca and others. She assesses the impact of their ideas in the Mexican context.

Arild Sæther

Natural Law and the Origin of Political EconomySamuel Pufendorf and the History of Economics

London: Routledge, 2016; 386 pp

This book explores Samuel Pufendorf’s life, doctrines of political economy and work on natural law, which was translated into several major European languages. It considers the influence he had on Locke, Montesquieu, Rousseau, Hutcheson and Adam Smith, amongst others. If Smith is called the father of modern political economy this book claims that Pufendorf can be called the grandfather.

The lively descriptions, personal memories and analyses of the professional development collected and trace the entire existence of Economics, Business Administration and Social Sciences in Frankfurt. They span the history of origins in the late 19th century, the blooming of the Frankfurt Faculty during the Weimar Republic, Fascism and the Second World War, reconstruction, the student unrest and the university reforms of the 1960s and 1970s, as well as the latest discussions on adapting to Anglo-Saxon models.

Bertram Schefold (ed.)

Wirtschafts- und Sozialwissenschaftlerin Frankfurt am MainVon der Handelshochschule zum hundertjährigen Jubiläum der Universität

[Economists and Sociologists in Frankfurt From the School of Commerce to the Centennial of the University ]

Marburg: Metropolis, 2016 (3rd ed.); 1142 pp

Together with a companion volume of 2016, Great Economic Thinkersfrom Antiquity to the Historical School, this book is a collection ofEnglish translations of introductions by Bertram Schefold, written for theseries Klassiker der Nationalökonomie. The emphasis of this volume is onthe theoretical debates, from the theory of value to imperfect competition; from money to the institutional framework of society; and from the history of economic thought to pioneering works in mathematical economics.

Bertram Schefold

Great Economic Thinkers from the Classicals to the ModernsTranslations from the series Klassiker der Nationalökonomie

London: Routledge, 2017; 448 pp

The papers collected in this book, first published in 1990 (by Unwin Hyman), represent the edited proceedings of a conference held to celebrate the 25th anniversary of the publication of Piero Sraffa’s  Production of Commodities by Means of Commodities. Great care has been taken to invite scholars of different schools of thought to contribute. The result of this collection of ideas is a most promising critique and provides an extensive alternative to modern neoclassical theory, of interest to all students of economic thought.

Krishna Bharadwaj and Bertram Schefold (eds)

Essays on Piero SraffaCritical Perspectives on the Revival of Classical Theory

London: Routledge, 2017; 574 pp

Shigeyoshi Sengo, Masatomi Fujimoto& Taichi Tabuchi

Ricardo and International Trade

London: Routledge, 2017; 286 pp

Celebrating the bicentennial of David  Ricardo’s  Principles (1817), the book provides the latest accomplishments of the  study  on  Ricardo’s  theory  of  international  trade,  byexamining  the  new  interpretation  of  the  ‘four  numbers’,  discussions on international money and values, and controversies between Ricardo and his contemporaries.

Ajit Sinha

A Revolution in Economic TheoryThe Economics of Piero Sraffa

London: Palgrave Macmillan, 2016; 244 pp

Based on archival research, Sinha argues that Sraffa was challenging the usual mode of theorizing in terms of either essential or mechanical causation and arguing for a descriptive or geometrical theory based on simultaneous relations instead. A consequence of this approach was a complete removal of ‘agents  subjectivities’  or  demand  and  ‘marginal  method’  or  counterfactual reasoning from economic analysis—the two fundamental pillars of the orthodox economic theory.

IV: Recueil de 30 textes classés par ordre chronologique de publication. Ils abordent notamment le modèle américain, la rémunération du travail en Angleterre, l'esclavage et les colonies, le machinisme et la concurrence.V: Dans cet ouvrage qui a consacré sa réputation, J.C.L. Simonde de Sismondi présente l'économie politique comme une étude du progrès de la société lié à celui de la richesse.

* Ghostwriter for ESHET members and editors Pascal Bridel, Francesca Dal Degan & Nicolas Eyguesier.

J.C.L. Simonde de Sismondi*

Œuvres Économiques ComplètesIV : Ècrits d‘économie politique, 1816-1842V : Nouveaux Principes d‘  économie politique

Paris: Éditions Economica, 2015/16; 688,784 pp

Susumu Takenaga (ed.)

[Isaak Iljich Rubin, An Essay on  Marx’s  theory  of  Money]

Tokyo: Hosei University Publishers, 2016; 332 pp

This is the Japanese translation of I. I.Rubin's manuscript on the theory of money of Marx, discovered in 1991 in Moscow more than sixty years after the death of the author and published for the first time in the original language in 2011 (ed. by Ljudmila Vasina). In the introductory essay, Takenaga assesses  Rubin’s  interpretation of  Marx’s  theory  in  terms  of  its originality, merits and weaknesses.