The Hesitant Hand: Taming Self-Interest in the History of Economic Ideas

Ikeda, Sandy, Freeman

The Hesitant Hand: Taming Self-Interest in the History of Economic Ideas by Steven G. Medema Princeton University Press * 2009 * 248 pages * $35.00

The focus of this book," according to its author, "is the interplay of self-interest, market, and the state in economic analysis from the mid-nineteenth century up through the latter stages of the twentieth."

Much of this well-written study, however, is devoted to describing the intellectual origins of the approach to political economy known today as "Public Choice" - the economics of politics. Nevertheless, its subject is the history of the analysis of nonmarket activity generally.

Modern economics offers two separate …

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Publication information: Article title: The Hesitant Hand: Taming Self-Interest in the History of Economic Ideas. Contributors: Ikeda, Sandy - Author. Magazine title: Freeman. Volume: 61. Issue: 2 Publication date: March 2011. Page number: 44+. © Foundation for Economic Education, Incorporated Jan/Feb 2009. Provided by ProQuest LLC. All Rights Reserved.

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