Questions about The New Palgrave Dictionary of Economics

Short answers, pulled from the story.

When was The New Palgrave Dictionary of Economics first published?

The year 1987 marked the birth of The New Palgrave: A Dictionary of Economics. John Eatwell, Murray Milgate, and Peter Newman stood at the helm as editors for this four-volume project.

Who edited the third edition of The New Palgrave Dictionary of Economics released in 2018?

Steven N. Durlauf and Lawrence E. Blume edited the second edition while J. Barkley Rosser Jr. served as co-editor until his untimely demise during the project's lifespan. Jayati Ghosh, Esteban Pérez Caldentey, and Matías Vernengo will lead the upcoming fourth edition scheduled for publication in 2027.

How many Nobel laureates contributed to the 1987 edition of The New Palgrave Dictionary of Economics?

Thirteen Nobel Laureates in Economics contributed to the first edition while it was being published. The number of Nobel laureate contributors grew from thirteen in 1987 to thirty-six by the final print version available in 2018.

What criticism did George Stigler make about The New Palgrave Dictionary of Economics regarding mathematics?

Murray Milgate noted that New Palgrave downplayed mathematics compared to leading economic journals with only 24% of columns containing any mathematics requiring expensive hand-typesetting. George Stigler criticized the inclusion of dozens of articles in mathematical economics for failing intuitive introductions and stated these articles targeted fellow specialists rather than tolerably competent economists.

Why did Robert M. Solow criticize the 1987 edition of The New Palgrave Dictionary of Economics?

Robert M. Solow criticized the 1987 edition for slighting mainstream economics through excessive space allocation to Marxist economics and Austrian persuasion as dissenting fringes within academic economics. He identified Post-Keynesians and neo-Ricardian schools as receiving disproportionate coverage according to his assessment.