2014
DOI: 10.1215/00182702-2716145
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Negotiating the “Middle-of-the-Road” Position: Paul Samuelson, Mit, and the Politics of Textbook Writing, 1945-55

Abstract: Previous contributions to the history of economics have tried to assess Paul Samuelson’s political positioning by tracing it in the subsequent editions of his famous textbook Economics. By contrast, this article depicts the making of Economics itself as a political process. It argues that the “middle-of-the-road” position that Samuelson adopted in the book was consciously constructed by the MIT economist, with the help of his home institution and his publishing company McGraw-Hill, in response to conservative … Show more

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Cited by 33 publications
(10 citation statements)
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“…Because of its author, Economics had an authority not possessed by other textbooks, and Samuelson updated it every 3 years to reflect changes in economic history and economic knowledge. It was used to train generations of economists and it set the standard for a new way of writing introductory textbooks (see Giraud 2014 andBackhouse 2017).…”
Section: Introductionmentioning
confidence: 99%
“…Because of its author, Economics had an authority not possessed by other textbooks, and Samuelson updated it every 3 years to reflect changes in economic history and economic knowledge. It was used to train generations of economists and it set the standard for a new way of writing introductory textbooks (see Giraud 2014 andBackhouse 2017).…”
Section: Introductionmentioning
confidence: 99%
“…A recent important paper (Giraud 2014) focused on the difficulties faced by MIT's Paul Samuelson in the creation and publication process of his Economics textbook. Although these questions arose in the immediate pre--1950 period, the McCarthyite involvement was associated with the attacks first on the principles textbook of Lorie Tarshis and then on Samuelson's book after they appeared (Backhouse 2013).…”
Section: Introductionmentioning
confidence: 99%
“…Keynesian scholars, such as Bowen and Lawrence Klein, were increasingly suspected (Solberg and Tomlinson 1997). Textbooks spreading Keynesian ideas, such as Lorie Tarshis's, but also Samuelson's Economics, were attacked (Giraud 2014). Moreover, financial support for economic research largely came from military agencies and major philanthropic foundations (especially the Ford Foundation), whose funding efforts emphasized problems-oriented research, quantification, theoretical and mathematical developments, and, most importantly, promoted the notion of scientific neutrality.…”
mentioning
confidence: 99%