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« The Opportunity Cost of Ideologically Silliness -- UVa and the Thomas Jefferson Center | Main | Happy Birthday to the Duncan Black Professor of Economics and Law --- Peter Leeson »


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The Samuels link gets stuck at the GMU gateway.
You might point it directly to JSTOR instead. And in case this comment is posted without moderation, here is the full citation for readers...The Knight-Ayres Correspondence: The Grounds of Knowledge and Social Action. Warren J. Samuels. Journal of Economic Issues
Vol. 11, No. 3 (Sep., 1977), pp. 485-525.

(And to comment on the post, in my experience, Just as externalities are ubiquitous, the ignoring of true points is ubiquitous. Every field, every era. Millions of true and important ideas are ignored.)

I agree with your point about and also find it amazing how large a share of readers can miss the point of important contributions. I think we see that clearly with Piketty right now (although he's clearly not an ignored economist).

As far as ignored contributions Malthus played that role for over a century (which may give hope for currently forgotten contributions). Kalecki has some nice contributions that are largely ignored.

Stanley Wong wrote a devastating critique of Samuelson's revealed preference theory but he found so little recognition that he left academic economics and turned to the law. This is Mirowski's account of the story

Mirowski discounted the role of Popper's ideas in Wong's work but it is clearly Popperian through and through thanks to the influence of Larry Boland who was a student of Joe Agassi.

PS The Picketty bubble

Albert Jay Nock's 1936 article "Isaiah's Job" answers this I think. It's important to nurture the remnant until such time that a wider audience arrives. After all, Pete unburied these obscure writings and has passed them on the the remnant.

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