The article deals with A.A. Young’s contribution to the Encyclopaedia Britannica (14th ed., 1929). We argue that the 11 entries that Young wrote represent a sort of summary of the author’s economic thought, particularly in reference to his “increasing returns theory”, to his concept of equilibrium (in economics) and, more in general, to his view about the nature and the significance of economic theory. The main conclusion is that these entries, as a whole, may help us to reconstruct Young’s intellectual personality and theoretical approach, an approach that identifying economics as a “communal or political science” appears quite inconsistent with the neoclassical paradigm.
Il contributo di Allyn A. Young all’Encyclopaedia Britannica
COLACCHIO, GIORGIO
2001-01-01
Abstract
The article deals with A.A. Young’s contribution to the Encyclopaedia Britannica (14th ed., 1929). We argue that the 11 entries that Young wrote represent a sort of summary of the author’s economic thought, particularly in reference to his “increasing returns theory”, to his concept of equilibrium (in economics) and, more in general, to his view about the nature and the significance of economic theory. The main conclusion is that these entries, as a whole, may help us to reconstruct Young’s intellectual personality and theoretical approach, an approach that identifying economics as a “communal or political science” appears quite inconsistent with the neoclassical paradigm.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
