Notes
1All subsequent references to Warsh (2006) will appear in the text as (KWN, page).
4“One of the defining characteristics of growth theory as a branch of macroeconomics is that it tends to ignore all the difficult economics that is papered over by that sentence” (Solow Citation1994, p. 46). One thing it does is simply identify growth of the economy with growth of the capital stock. Another is that it banishes all the macroeconomic problems Keynesians generally used to worry about.
5See, for instance, Foss Citation(1998); Park Citation(2007). But Romer knew enough to realize where his true allegiances lay: “Solow and Samuelson had to engage in vicious trench warfare about this time with Cambridge England to make the world safe for those of us who wanted to use the concept of the production function” (Snowdon and Vane Citation2005, p. 681).
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Additional information
Notes on contributors
Philip Mirowski
Department of Economics and Policy Studies, University of Notre Dame, Notre Dame, IN 46556. This review is an excerpt from a larger manuscript entitled SciMart™ forthcoming fom Harvard University Press.