Skip to main content

Teaching with Historical Perspectives: The Case of Development Economics

  • Chapter
  • First Online:
Post-Crash Economics
  • 566 Accesses

Abstract

This chapter presents a specific example of how a popular theme in Development Economics, namely sharecropping, can be taught by using a historical perspective. This approach allows the lecturer to move beyond the static categorisations of standard textbooks and provides a pluralistic approach to teaching that is historically framed with respect to both the contextualisation of the phenomenon under investigation and the exposure to how various systems of economic thought have looked at those phenomena and sets of variables throughout history. This brings a new method of teaching and learning, exposing students to the intellectual experience of analysing different schools of thought by showing them their historical contextualisation and evolution.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 84.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Notes

  1. 1.

    This is the case, for example, of the Debt Deflation Theory (Fisher, 1933) and of the New Development Economics (Stiglitz, 1986), just to name a couple.

  2. 2.

    There is an extensive literature about the subject. (Examples are Becker, 2007; Colander, 2001; Earl, 2000; Feiner & Roberts, 1995; Feiner, 2003; Ferber, 1999; Fullbrook, 2003; Knoedler & Underwood, 2003; O’Donnell, 2009; Moseley, Gunn, & Georges, 1991; Underwood, 2004.)

  3. 3.

    To be sure students are also invited to reflect upon the difference between economic theory and rhetoric. The fact that the main representative of the post-Washington Consensus, Stiglitz, was fired from the World Bank because he was in disagreement with the Washington Consensus should not discourage students from undertaking a critical appraisal of the two schools of thought and to compare them from alternative perspectives.

References

  • Becker, W. E. (2007). Quit lying and address the controversies: There are no dogmata, laws, rules, or standards in the science of economics. The American Economist, 51(1), 3–14.

    Article  Google Scholar 

  • Bhaduri, A. (1986). Forced commerce and agrarian growth. World Development, 14(2), 267–272.

    Article  Google Scholar 

  • Bharadwaj, K. (1974). Production conditions in Indian agriculture. Cambridge: Cambridge University Press.

    Google Scholar 

  • Bowen, S. (2005). Engaged learning: Are we all on the same page? Peer Review, 7(2), 4–7.

    Google Scholar 

  • Chang, H. J. (Ed.). (2001). Joseph Stiglitz and the World Bank: The rebel within. London: Anthem Press.

    Google Scholar 

  • Cheung, S. N. S. (1969). Transaction costs, risk aversion, and the choice of contractual arrangements. Journal of Law and Economics, 12(1), 23–42.

    Article  Google Scholar 

  • Colander, D. (2001). The lost art of economics: Essays on economics and the economics profession. Northampton, MA: Edward Elgar.

    Google Scholar 

  • Earl, P. E. (2000). Indeterminacy in the economics classroom. In P. E. Earl & S. F. Frowen (Eds.), Economics as an art of thought: Essays in memory of G.L.S. Shackle. London: Routledge.

    Google Scholar 

  • Feiner, S. F. (2003). On the history of teaching heterodox economics. Paper presented at History of Heterodox Economics in the Twentieth Century Conference, October, University of Missouri, Kansas City.

    Google Scholar 

  • Feiner, S. F., & Roberts, B. B. (1995). Using alternative paradigms to teach about race and gender: A critical thinking approach to introductory economics. American Economic Review, 85, 367–371.

    Google Scholar 

  • Ferber, M. A. (1999). Guidelines for pre-college economics education: A critique. Feminist Economics, 5(3), 135–142.

    Article  Google Scholar 

  • Fine, B. (2006). Joseph Stiglitz. In D. Simon (Ed.), Fifty key thinkers on development. Abingdon and New York: Routledge.

    Google Scholar 

  • Fisher, I. (1933). The debt-deflation theory of great depressions. Econometrica: Journal of the Econometric Society, 1(4), 337–357.

    Article  Google Scholar 

  • Freeman, A. (2007). Catechism versus pluralism: The heterodox response to the national undergraduate curriculum proposed by the UK Quality Assurance Agency. EconPapers. Retrieved September, 2009, from http://econpapers.repec.org/paper/pramprapa/6832.htm

  • Fullbrook, E. (Ed.). (2003). The crisis in economics: The post-autistic economics movement. London: Routledge.

    Google Scholar 

  • Garnett, R. F., Jr. (2009). Rethinking the pluralist agenda in economics education. International Review of Economics Education, 8(2), 58–71.

    Article  Google Scholar 

  • Groenewegen, J. (Ed.). (2007). Teaching pluralism in economics. Cheltenham and Northampton, MA: Edward Elgar.

    Google Scholar 

  • Hayek, F. A. (2002). Competition as a discovery procedure (M. S. Snow, Trans.). Quarterly Journal of Austrian Economics, 5(3), 9–23.

    Google Scholar 

  • King, P. M., & Kitchener, K. S. (1994). Developing reflective judgment: Understanding and promoting intellectual growth and critical thinking in adolescents and adults. San Francisco: Jossey-Bass.

    Google Scholar 

  • Knoedler, J., & Underwood, D. (2003). Teaching the principles of economics: A proposal for a multiparadigmatic approach. Journal of Economic Issues, 37(3), 697–725.

    Article  Google Scholar 

  • Lewis, W. A. (1954). Economic development with unlimited supplies of labour. The Manchester School of Economics and Social Studies, 22, 2. Retrieved from https://la.utexas.edu/users/hcleaver/368/368lewistable.pdf

  • Marshall, A. (1920). Principles of economics. Library of Economics and Liberty. Retrieved from http://www.econlib.org/library/Marshall/marP7.html

  • Milonakis, D., & Fine, B. (2008). From political economy to economics: Method, the social and the historical in the evolution of economic theory (Economics as social theory). London: Routledge.

    Book  Google Scholar 

  • Moseley, F., Gunn, C., & Georges, C. (1991). Emphasizing controversy in the economics curriculum. Journal of Economic Education, 22, 235–240.

    Article  Google Scholar 

  • O’Donnell, R. (2009). Economic pluralism and skill formation: Adding value to students, economies, and societies. In R. Garnett, E. Olsen, & M. Starr (Eds.), Economic pluralism (pp. 262–277). London: Routledge.

    Google Scholar 

  • Patnaik, U. (1983). Classical theory of rent and its application to India with some thoughts on sharecropping. In T. J. Byres (Ed.), Sharecropping and sharecroppers. London: Cass.

    Google Scholar 

  • Peterson, J. (2007). Review of Groenewegen 2007. International Review of Economics Education, 8(2), 109–112.

    Article  Google Scholar 

  • Roncaglia, A. (1999). Comment on Stefano Zamagni, ‘Social paradoxes of growth and civil economy’. In G. Gandolfo & F. Marzano (Eds.), Economic theory and justice. Houndmills and London: Macmillan Press.

    Google Scholar 

  • Rosenstein-Rodan, P. N. (1943). Problems of industrialisation of eastern and south-eastern Europe. Economic Journal, 53(210/211), 202–211.

    Article  Google Scholar 

  • Scazzieri, R. (1991). The economic theory of structure and change. Cambridge: Cambridge University Press.

    Google Scholar 

  • Sen, A. (2001). Development as freedom. Oxford: Oxford University Press.

    Google Scholar 

  • Smith, A. (1776). An inquiry into the nature and causes of the wealth of nations. Retrieved from https://www.marxists.org/reference/archive/smith-adam/works/wealth-of-nations/

  • Stiglitz, J. E. (1974). Incentives and risk sharing in sharecropping. Review of Economic Studies, 41(2), 219–255.

    Article  Google Scholar 

  • Stiglitz, J. E. (1986). The new development economics. World Development, 14(2), 257–265.

    Article  Google Scholar 

  • Stiglitz, J. E. (2004, September). From the Washington Consensus towards a new global governance. Paper presented at a conference sponsored by Foundation CIDOB and the Initiative for Policy Dialogue held in Barcelona.

    Google Scholar 

  • Stiglitz, J. E. (2008). Information. The concise encyclopedia of economics. Library of Economics and Liberty. Retrieved from http://www.econlib.org/library/Enc/Information.html

  • Strike, K. A. (1982). Liberty and learning. New York: St. Martin’s Press.

    Google Scholar 

  • Tavasci, D., & Ventimiglia, L. (2018). Teaching the history of economic thought: Integrating historical perspectives into modern economics. Edward Elgar.

    Google Scholar 

  • Underwood, D. A. (2004). Principles of macroeconomics: Toward a multiparadigmatic approach. Journal of Economic Issues, 38(2), 571–581.

    Article  Google Scholar 

  • Zamagni, S. (1987). Economia politica: Teoria dei prezzi, dei mercati e della distribuzione (2nd ed.). Rome: La Nuova Italia Scientifica.

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2018 The Author(s)

About this chapter

Check for updates. Verify currency and authenticity via CrossMark

Cite this chapter

Tavasci, D. (2018). Teaching with Historical Perspectives: The Case of Development Economics. In: Feraboli, O., Morelli, C. (eds) Post-Crash Economics. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-65855-1_8

Download citation

  • DOI: https://doi.org/10.1007/978-3-319-65855-1_8

  • Published:

  • Publisher Name: Palgrave Macmillan, Cham

  • Print ISBN: 978-3-319-65854-4

  • Online ISBN: 978-3-319-65855-1

  • eBook Packages: Economics and FinanceEconomics and Finance (R0)

Publish with us

Policies and ethics