ABSTRACT

Schumpeter lists approximately 1,250 authors in the index of the History of Economic Analysis, ranging from one Philippus Caesar, who damned the sect of usurers (106n),1 to Sigmund Freud (798), whose ideas he thought might apply in the future to the formation of economic policies. He refers not at all to the very successful Harriet Martineau, nor the less well-known Millicent Fawcett. He has a few favorable remarks for Archbishop Richard Whately (Easy Lessons on Money Matters) and Jane Marcet (Conversations on Political Economy). He deems the latter's work "economics for what we should call high-school girls" (477n). Yet, these authors sold thousands and thousands of educational books. How could Schumpeter, who valued the verdict of the market so highly, fail to recognize the success and influence of these popular writers?