The Cobb-Douglas regression, a statistical technique developed to estimate what economists called a 'production function', was introduced in the late 1920s. For several years, only economist Paul Douglas and a few collaborators used the technique, while vigorously defending it against numerous critics. By the 1950s, however, several economists beyond Douglas's circle were using the technique, and by the 1970s, Douglas's regression, and more sophisticated procedures inspired by it, had beco...

The collection includes both refereed articles and review essays of recently published books in the history of economic thought and methodology. The articles highlight the work of Warren J. Samuels (founding editor of the research annual), American economists' role in the creation of federal trade acts, and Islamic economic methodology. A review symposium on Malcolm Rutherford's The Institutionalist Movement in America is followed by reviews of books on Adam Smith, George Warde Norman, Wil...

This volume includes archival documents and essays exploring the inter-relationship between the government and the economy. In the first piece, Levy, Peart, and Albert examine the one-sided controversy generated by Rose Wilder Lane and V. Orval Watts against a new generation of Keynes-influenced textbooks which focused on governmental policy and the scope of government activity. In addition to their essay, Levy et al. include significant and interesting historical documents as part of the ...

Warren J. Samuels has been a prominent figure in the study of economics in the twentieth century. This book brings together essays by leading scholars in the areas of economics in which Samuels has made his most important contributions: the history of economic thought, economic methodology, and institutional and post-Keynesian economics. This work

Research in the History of Economic Thought and Methodology is an annual research series which presents materials in two fields, both broadly considered: the history of economic thought and the methodology of economics. The annual A-volume contains peer-reviewed articles comparable to other academic journals in the history of economics, except that long pieces are welcome. The A-volume also publishes symposia, and review essays on new works in the history of economic thought, methodology a...