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MIT and the Transformation of American Economics

Annual Supplement to Volume 46 History of Political Economy

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MIT and the Transformation of American Economics seeks to remedy the historians’ neglect of the influential and luminary economics department at the Massachusetts Institute of Technology. The department, bolstered by an influx of innovative young scholars, was one of the most distinguished research economics departments in North America by the late 1950s. In another decade it would become the most highly regarded economics department in the world. This volume documents the history of this process and the ways in which MIT’s rise to prominence coincided with the remarkable transformation of American economics in the postwar period. Many developments influenced this the Keynesian revolution, the emergent technical nature of economics, the Cold War, the international hold of American economics, the GI Bill, and MIT’s openness to Jewish economists.

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MIT and the Transformation of American Economics, E. Roy Weintraub

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Released
2014
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Subtitle
Annual Supplement to Volume 46 History of Political Economy
Language
English
Released
2014
Format
Hardcover
Pages
397
ISBN10
0822368129
ISBN13
9780822368120
Series
Rating
3 out of 5
Description
MIT and the Transformation of American Economics seeks to remedy the historians’ neglect of the influential and luminary economics department at the Massachusetts Institute of Technology. The department, bolstered by an influx of innovative young scholars, was one of the most distinguished research economics departments in North America by the late 1950s. In another decade it would become the most highly regarded economics department in the world. This volume documents the history of this process and the ways in which MIT’s rise to prominence coincided with the remarkable transformation of American economics in the postwar period. Many developments influenced this the Keynesian revolution, the emergent technical nature of economics, the Cold War, the international hold of American economics, the GI Bill, and MIT’s openness to Jewish economists.