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Students of economics no longer study the history of economic thought for the simple reason that it is much too difficult. It requires a lot of reading of books that do not have convenient introductions and summaries, and so it takes up far too much time. As a consequence, most economists are not familiar with the great names of the past and are unable to place modern analyses in historical, or any other, perspective.
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- Copyright © The History of Economics Society 2002
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