Overview
Steven Medema’s research focuses on the history of modern economics, though his writings range over subjects as diverse as the Ancient Greeks, Adam Smith, and British philosopher Henry Sidgwick. The thread that unites much of his research is the analysis of the interplay between markets and government in the history of economic ideas. His current project, funded by the National Endowment for the Humanities and the Institute for New Economic Thinking, examines the history of the Coase theorem and its influence in economics, law, and beyond. Professor Medema serves as an associate editor or editorial board member of several history of economics journals and was editor of the Journal of the History of Economic Thought from 1999 – 2008. He also serves as the Associate Director of the Center for the History of Political Economy at Duke.