Monthly Archives: January 2013

Lest macroeconomists forget: the need to reinstate History of Economic Thought on the curriculum

I never cease to be amazed by how much economics as a profession has forgotten down the decades. Today, my research led me to a 1990 paper by Ronald Coase entitled ‘Accounting and the Theory of the Firm’. It was published shortly before he was awarded the 1991 ‘Nobel Prize’ in Economics. Coase reminisces about the early part […]