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.

• Introduction to the Second Edition, Preface to the Paperbound Edition, Preface to the Original Edition, Section One INTRODUCTION, On The Cultivation Of Economic Semantics, Section Two SEMANTIC ISSUES IN ECONOMIC METHODOLOGY, Statics And Dynamics: Kaleidoscopic Words, Equilibrium And Disequilibrium: Misplaced Concreteness And Disguised Politics, Structure And Structural Change: Weaselwords And Jargon, Micro- And Macro-Economics: Contested Boundaries And Claims Of Superiority, Section Three SEMANTIC ISSUES IN VALUE THEORY, Marginal Analysis And Empirical Research, On The Meaning Of The Marginal Product, Reply To Professor Takata, Section Four SEMANTIC ISSUES IN MACROECONOMICS AND ECONOMIC POLICY, Forced Or Induced Saving: An Exploration Into Its Synonyms And Homonyms, Another View Of Cost-Push And Demand-Pull Inflation, Disputes, Paradoxes, And Dilemmas Concerning Economic Development, Section Five ISSUES IN METHODOLOGY, Issues In Methodology: Introductory Remarks, Are The Social Sciences, Really Inferior?, Mathematics, Realism And A Time For Synthesis, Institutionalism And Empiricism In Economics (Frank H. Knight), Economic Theory And Mathematics—An Appraisal (Paul A. Samuelson), Implications For General Economics Of More Realistic Theories Of The Firm (K. E. Boulding), Index