By Michael C. Carroll (auth.)
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Extra info for A Future of Capitalism: The Economic Vision of Robert Heilbroner
It has been said that Heilbroner is a writer of Galbraithian proportions. This association implies that the work is in some way inferior to Galbraith's. I hope this volume displaces any such inference. In this very brief look at his life and work I have limited the inquiry to but a very select number of his published works. I urge the reader to view the listing of Heilbroner's economic writings to develop a more accurate appreciation of his output. I also remind the reader that even this is in some cases a partial listing of his 'economic' writings.
For economic pedagogies to be successful: They must trace the rise of the market system from other integrative mechanisms - I would think that the middle portion of Karl 32 A Future of Capitalism Polanyi's The Great Transformation would be required reading in any introductory course. It is essential to show by concrete instance that the economy, with its familiar behavioural ways, is an outgrowth of history, not an institution of unchanging human nature; and that it will experience further historical change whose course is difficult to foresee but is not, for that reason to be left unexamined.
Understanding their initial focus can tell us more about their true beliefs than any anthology of their work. The second distinguishing characteristic of the worldly philosophy group is their desire to use their work to affect social change. No 42 A Future of Capitalism member of the group was willing to simply espouse his ideas. Each wanted to see their work in action. Heilbroner writes: It is not one of their flaws, but one of their claims to greatness as economists that Smith, Ricardo, Mill, Marx, Marshall, and Keynes were explicit in their use of facts and theories as instruments of advocacy.
A Future of Capitalism: The Economic Vision of Robert Heilbroner by Michael C. Carroll (auth.)