When the original edition was first published in 1963, Machlip observed ' I hope that the availibility of this collection will dispel semantic and concpetual; fog and allow greather visibility...'. The work is divided into five sections with a new essay in this edition on 'Are the Social Sciences Really Inferior?' There is also a new introduction by Mark Perlman, University Professor of Economics at the University of Pittsburgh.
Biography
Fritz Machlup, at the time of his death in 1983, was emeritus professor of economics at Princeton University, and professor of economics at New York University. A former president of the American Economic Association and the International Economic Association, his many influential publications include A History of Thought on Economic Integration-, Methodology of Economics and Other Social Sciences; and The Production and Distribution of Knowledge in the United States.