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Journal of Economic Perspectives: Vol. 11 No. 2 (Spring 1997)
JEP Volume. 11, Issue 2 |
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Credo of a Lucky Textbook Author
Article Citation
Samuelson, Paul A. 1997. "Credo of a Lucky Textbook Author."
Journal of Economic Perspectives,
11(2): 153-160.
DOI: 10.1257/jep.11.2.153
DOI: 10.1257/jep.11.2.153
Abstract
At war's end, introductory economics textbooks were overdue for a revolutionary advance. Change conspired to tempt the author to bring to the beginning course the rudiments of Keynesian macroeconomics. The impact was explosive. In reaction to criticisms of the subsequent evolutionary revisions, the author here describes the transition beyond the 1936 Model T General Theory paradigm from the standpoint of advances on the frontier, at the same time correcting erroneous claims about the saving process. Finally, he tells the tales of rightist censorship of Lorie Tarshis's 1947 pioneering Keynesian textbook and of later thunder from the left.
Article Full-Text Access
Full-text Article (Complimentary)
Authors
Samuelson, Paul A. (MIT)
JEL Classifications
A22: Economic Education and Teaching of Economics: Undergraduate
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