Handbook of the History of Economic Thought: Insights on the Founders of Modern Economics

Аннотация

A further reason for studying the history of economic thought was provided by Pareto in the lead article of the “Giornale di Economisti” of 1918 (Volume 28; pages 1–18) under the title “Experimental Economics”. 1 In as much as economic theories also have an extrinsic value, that is, they lead people to act as informed by the theory, such as in economic policy or public fi nance, the theory becomes a subject for economic investigation itself.