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Duncan Black: Heir to Adam Smith and the Scottish Enlightenment

Publication ,  Journal Article
Aldrich, JH
Published in: National Institute Economic Review
November 3, 2023

Duncan Black, like Adam Smith before him, was trained at, and taught at, the University of Glasgow. Like Smith, Black followed the Enlightenment in appreciating the importance of theory and of its empirical applications. Black sought to apply the ideas of a schedule of preferences and a conception of equilibrium, to politics, as Smith had done in economics. Black believed that his median voter theorem could generalize to a theory of politics, much as Smith's contributions did for market economics. Black did not complete that generalization, but William Riker did offer a theory of institutional politics, designed to complete Black's project.

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Published In

National Institute Economic Review

DOI

EISSN

1741-3036

ISSN

0027-9501

Publication Date

November 3, 2023

Volume

265

Start / End Page

51 / 60

Related Subject Headings

  • 3803 Economic theory
  • 3802 Econometrics
  • 3801 Applied economics
  • 14 Economics
 

Citation

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Aldrich, J. H. (2023). Duncan Black: Heir to Adam Smith and the Scottish Enlightenment. National Institute Economic Review, 265, 51–60. https://doi.org/10.1017/nie.2023.22
Aldrich, J. H. “Duncan Black: Heir to Adam Smith and the Scottish Enlightenment.” National Institute Economic Review 265 (November 3, 2023): 51–60. https://doi.org/10.1017/nie.2023.22.
Aldrich JH. Duncan Black: Heir to Adam Smith and the Scottish Enlightenment. National Institute Economic Review. 2023 Nov 3;265:51–60.
Aldrich, J. H. “Duncan Black: Heir to Adam Smith and the Scottish Enlightenment.” National Institute Economic Review, vol. 265, Nov. 2023, pp. 51–60. Scopus, doi:10.1017/nie.2023.22.
Aldrich JH. Duncan Black: Heir to Adam Smith and the Scottish Enlightenment. National Institute Economic Review. 2023 Nov 3;265:51–60.
Journal cover image

Published In

National Institute Economic Review

DOI

EISSN

1741-3036

ISSN

0027-9501

Publication Date

November 3, 2023

Volume

265

Start / End Page

51 / 60

Related Subject Headings

  • 3803 Economic theory
  • 3802 Econometrics
  • 3801 Applied economics
  • 14 Economics