ERIC Number: EJ712892
Record Type: Journal
Publication Date: 2005-Mar-22
Reference Count: 47
Valuing (and Teaching) the Past
Peart, Sandra J.; Levy, David M.
Journal of Economic Education, v36 n2 p171 Spr 2005
There is a difference between the private and social cost of preserving the past. Although it may be privately rational to forget the past, the social cost is significant: We fail to see that classical political economy is analytically egalitarian. The past is a rich source of surprises and debates, and resources on the Web are uniquely suited to teaching such wide-ranging debates. Our Secret History of the Dismal Science, at www.econlib.org, provides a series of windows on the literary and analytical texts and the artwork that figured in the debates. Students who read Smith juxtaposed with Whitman, who read the Carlyle-Mill exchange, and who see these images, understand the debate in a way that students who read only the Wealth of Nations, Ricardo's Principles, or John Stuart Mill cannot.
Descriptors: United States History, Economics Education, Social History, Social Science Research, Economic Research, Higher Education, Political Issues
Heldref Publications, Helen Dwight Reid Educational Foundation, 1319 Eighteenth Street, NW, Washington, DC 20036-1802. Web site: http://www.heldref.org.
Publication Type: Information Analyses; Journal Articles
Education Level: N/A
Authoring Institution: N/A
Identifiers - Location: Jamaica