Murray Milgate

Murray Milgate
Murray Milgate.jpg
Born 1950 (age 67–68)
Nationality Australian/British
Institution University of Cambridge
Field Economist
Alma mater University of Cambridge

Murray Milgate (born 1950),[1] is an Australian-born academic economist and Fellow and Director of Studies in Economics at Queens' College in the University of Cambridge. He is the co-creator and co-editor of the celebrated original edition of The New Palgrave Dictionary of Economics (1987) together with John Eatwell and Peter Newman.[2]


Milgate was educated at the University of Sydney and the University of Cambridge where he taught economics before moving to Harvard University in 1984. He returned to Cambridge in 1996. He is best known for his contributions to the dissemination of economic knowledge through his New Palgrave activities and his published writings that focus on exploring: (1) the relation between classical economic theory and Keynesian economics as an alternative to standard neoclassical thinking about the market mechanism; (2) the history of nineteenth-century political economy. An assessment of aspects of the first set of contributions can be found in Dutt and Amadeo's Keynes's Third Alternative.[3] In 1992 Milgate shared the Eccles Prize for Excellence in Economic Writing (from Columbia University Business School) for the New Palgrave Dictionary of Money and Finance and in 1995 The New Palgrave World of Economics was named among the 100 most influential books since WW2 by the CEEPP at the University of Oxford.[4] In 2011 his After Adam Smith was awarded the David and Elaine Spitz Prize for the best book on liberal and democratic theory by the International Conference for the Study of Political Thought. He was a Visiting Professor at the University of California at Berkeley (1992) and was made Distinguished Visiting Professor of Economics at Osaka Gakuin University in Japan in 2008. He is a founding editor of the journal Contributions to Political Economy.

Selected bibliography

This is a list of some of Milgate's major works.[5]


  • Milgate, Murray (1982). Capital and employment: a study of Keynes's economics. London New York: Academic Press. ISBN 9780124962507.
  • Milgate, Murray; Eatwell, John (1983). Keynes's economics and the theory of value and distribution. London New York: Duckworth. ISBN 9780715617496.
  • Milgate, Murray; Eatwell, John; Newman, Peter K. (1987). The New Palgrave: a dictionary of economics. London New York Tokyo: Macmillan Stockton Press Maruzen. ISBN 9780333740408.
  • Milgate, Murray; Eatwell, John; Newman, Peter K. (1989). The New Palgrave: allocation, information, and markets. New York: Norton. ISBN 9780393958546.
  • Milgate, Murray; Eatwell, John; Newman, Peter K. (1990). The New Palgrave: capital theory. New York: Norton. ISBN 9780393958553.
  • Milgate, Murray; Welch, Cheryl B. (1989). Critical issues in social thought. London San Diego: Academic Press. ISBN 9780124962484.
  • Milgate, Murray; Stimson, Shannon C. (1991). Ricardian politics. Princeton, New Jersey: Princeton University Press. ISBN 9780691042787.
  • Milgate, Murray; Eatwell, John; Newman, Peter K. (1992). The new Palgrave dictionary of money & finance (3 volume set). London New York: Macmillan Press Stockton Press. ISBN 9780333527221.
  • Milgate, Murray; Stimson, Shannon C. (2011). After Adam Smith: a century of transformation in politics and political economy. Princeton, New Jersey Woodstock: Princeton University Press. ISBN 9780691152349.
  • Milgate, Murray; Eatwell, John (2011). The fall and rise of Keynesian economics. New York: Oxford University Press. ISBN 9780199777693.

Journal articles


  1. ^ "Milgate, Murray, 1950-". Virtual International Authority File - VIAF.
  2. ^ Eatwell, John; Milgate, Murray; Newman, Peter K. (1987). The New Palgrave: a dictionary of economics. London New York Tokyo: Macmillan Stockton Press Maruzen. ISBN 9780333740408.
  3. ^ A.K. Dutt and E. Amadeo. Keynes's Third Alternative? The Neoricardian Keynesians and the Post Keynesians. Aldershot: Edward Elgar. 1990.
  4. ^ Times Literary Supplement, 6 October 1995, behind a paywall.
  5. ^ Blaug, Mark (1999). Who's who in economics (3rd ed.). Cheltenham, UK Northampton, Massachusetts: Edward Elgar Publishing. ISBN 9781858988863.

  This article uses material from the Wikipedia page available here. It is released under the Creative Commons Attribution-Share-Alike License 3.0.



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