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Steven Medema

The Hesitant Hand: How our Current Economic Predicament Illustrates the Good, the Bad, and the Ugly of Markets

Bio

About the subject

Readings and web sites

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Bio

Steven G. Medema is a Professor of Economics at the University of Colorado Denver and Director of the UC Denver University Honors and Leadership program. He earned his B.A. from Calvin College and his M.A. and Ph.D. in Economics from Michigan State University. He has been on the UCD faculty since 1989. Professor Medema's research interests include the history of economic thought, law and economics, and public economics. He is the author of several books, including the forthcoming The Hesitant Hand: Taming Self-Interest in the History of Economic Ideas, which will be released by Princeton University Press in July 2009. Professor Medema is also the author of more than eighty scholarly articles. His previous book, Economics and the Law: From Posner to Post Modernism and Beyond (co-authored with Nicholas Mercuro) was published in a second edition by Princeton in 2006. Professor Medema served as Editor of the Journal of the History of Economic Thought from 1998-2008. He also serves as the General Editor of two book series': "Intellectual Legacies in Modern Economics" for Edward Elgar Publishing and "Classics in Economics" for Transaction Publishers. He is the President-Elect of the History of Economics Society and recently completed his second term on the Scientific Council of the European Society for the History of Economic Thought. Professor Medema teaches courses in Principles of Microeconomics, Intermediate Microeconomics, History of Economic Thought, Law and Economics, Public Finance, Economic Policy Analysis, and graduate Microeconomic Theory. He has received several Teaching, Research, and Service Excellence Awards from the University of Colorado, and in 2008 was inducted as President's Teaching Scholar, the University's highest teaching recognition, a lifetime appointment.hers. He is a member of the Executive Committee of the History of Economics Society and recently completed his second term on the Scientific Council of the European Society for the History of Economic Thought.

Professor Medema teaches courses in Principles of Microeconomics, Intermediate Microeconomics, History of Economic Thought, Law and Economics, Public Finance, Economic Policy Analysis, and graduate Microeconomic Theory. He has received several Teaching and Service Excellence Awards from the University of Colorado, and in 2008 was inducted as President's Teaching Scholar, the University's highest teaching recognition, a lifetime appointment.


 

 

About the subject

Adam Smith (left) and John Maynard Keynes (right).


 

Readings and web sites

Wikipedia has an unusually extensive and informative article on economics.

Steve recommends this new book: Animal Spirits, by Akerlof and Shiller. Click here for more info.

Interesting Blog: Marginal Revolution

Resources for economists on the Internet.

Another good blog: Brad DeLong’s “Grabbing Reality with Both Hands”

The Economics of Spanking: from Slate. Click here.

Freakonomics: The Hidden Side of Everything (A New York Times blog). Click here.

Adam Smith and the invisible hand, from Plus mathematics magazine online.


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