# Murray Milgate

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{{Short description|Australian-born academic economist}}
{{Use Australian English|date=August 2013}}
{{Use dmy dates|date=January 2024}}
{{Infobox economist
| name             = Murray Milgate
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| image            =File:Murray_Milgate.jpg

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| birth_date       = {{birth year and age|1950}}
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| institution      = [University of Cambridge](/source/University_of_Cambridge)
| field            = [Economist](/source/Economist)
| alma_mater       = [University of Cambridge](/source/University_of_Cambridge)
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| awards           = [Eccles Prize for Excellence in Economic Writing](/source/Eccles_Prize_for_Excellence_in_Economic_Writing)<br />[David and Elaine Spitz Prize](/source/David_and_Elaine_Spitz_Prize)
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'''Murray Milgate''' (born 1950),<ref name=VIAF>{{cite web|title=Milgate, Murray, 1950-|url=http://viaf.org/viaf/109195243/#Milgate,_Murray.|publisher=Virtual International Authority File - VIAF}}</ref> is an [Australia](/source/Australia)n-born academic economist and Sometime Fellow and director of studies in economics at [Queens' College, Cambridge](/source/Queens'_College%2C_Cambridge), where he is now a Life Fellow. He is the co-creator and co-editor of the celebrated original edition of ''[The New Palgrave Dictionary of Economics](/source/The_New_Palgrave%3A_A_Dictionary_of_Economics)'' (1987) together with [John Eatwell](/source/John_Eatwell) and [Peter Newman](/source/Peter_Kenneth_Newman).<ref name=Dictionary>{{cite book | last1 = Eatwell | first1 = John | last2 = Milgate | first2 = Murray  | last3 = Newman | first3 = Peter K. | author-link1 = John Eatwell, Baron Eatwell | author-link3 = Peter Kenneth Newman | title = The New Palgrave: a dictionary of economics | publisher = Macmillan Stockton Press Maruzen | location = London New York Tokyo | year = 1987 | isbn = 9780333740408 }}</ref>

== Biography ==
Milgate was educated at the [University of Sydney](/source/University_of_Sydney) and the [University of Cambridge](/source/University_of_Cambridge) where he taught economics before moving to [Harvard University](/source/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](/source/Keynesian_economics) as an alternative to standard [neoclassical](/source/neoclassical_economics) thinking about the [market mechanism](/source/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''.<ref>A.K. Dutt and E. Amadeo. ''Keynes's Third Alternative? The Neoricardian Keynesians and the Post Keynesians''. Aldershot: Edward Elgar. 1990.</ref>  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.<ref>''Times Literary Supplement'', 6 October 1995, [https://www.the-tls.co.uk/articles/private/the-hundred-most-influential-books-since-the-war/ behind a paywall].</ref> In 2011 his ''After Adam Smith'' was awarded the David and Elaine [Spitz Prize](/source/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.<ref>{{cite book | last = Blaug | first = Mark | author-link = Mark Blaug | title = Who's who in economics | publisher = Edward Elgar Publishing | location = Cheltenham, UK Northampton, Massachusetts | year = 1999 | edition = 3rd | isbn = 9781858988863 }}</ref>

=== Books ===
* {{cite book | last = Milgate | first = Murray | title = Capital and employment: a study of Keynes's economics | publisher = Academic Press | location = London New York | year = 1982 | isbn = 9780124962507 }}
* {{cite book | last1 = Milgate | first1 = Murray | last2 = Eatwell | first2 = John | author-link2 = John Eatwell, Baron Eatwell | title = Keynes's economics and the theory of value and distribution | publisher = Duckworth | location = London New York | year = 1983 | isbn = 9780715617496 }}
* {{cite book | last1 = Milgate | first1 = Murray | last2 = Eatwell | first2 = John | last3 = Newman | first3 = Peter K. | author-link2 = John Eatwell, Baron Eatwell | author-link3 = Peter Kenneth Newman | title = The New Palgrave: a dictionary of economics | publisher = Macmillan Stockton Press Maruzen | location = London New York Tokyo | year = 1987 | isbn = 9780333740408 }}
* {{cite book | last1 = Milgate | first1 = Murray | last2 = Eatwell | first2 = John | last3 = Newman | first3 = Peter K. | author-link2 = John Eatwell, Baron Eatwell | author-link3 = Peter Kenneth Newman | title = The New Palgrave: allocation, information, and markets | publisher = Norton | location = New York | year = 1989 | isbn = 9780393958546 }}
* {{cite book | last1 = Milgate | first1 = Murray | last2 = Eatwell | first2 = John | last3 = Newman | first3 = Peter K. | author-link2 = John Eatwell, Baron Eatwell | author-link3 = Peter Kenneth Newman | title = The New Palgrave: capital theory | publisher = Norton | location = New York | year = 1990 | isbn = 9780393958553 }}
* {{cite book | last1 = Milgate | first1 = Murray | last2 = Welch | first2 = Cheryl B. | title = Critical issues in social thought | publisher = Academic Press | location = London San Diego | year = 1989 | isbn = 9780124962484 }}
* {{cite book | last1 = Milgate | first1 = Murray | last2 = Stimson | first2 = Shannon C. | author-link2 = Shannon C. Stimson | title = Ricardian politics | publisher = Princeton University Press | location = Princeton, New Jersey | year = 1991 | isbn = 9780691042787 }}
* {{cite book | last1 = Milgate | first1 = Murray | last2 = Eatwell | first2 = John | last3 = Newman | first3 = Peter K. | author-link2 = John Eatwell, Baron Eatwell | author-link3 = Peter Kenneth Newman | title = The new Palgrave dictionary of money & finance (3 volume set) | publisher = Macmillan Press Stockton Press | location = London New York | year = 1992 | isbn = 9780333527221 }}
* {{cite book | last1 = Milgate | first1 = Murray | last2 = Stimson | first2 = Shannon C. | author-link2 = Shannon C. Stimson | title = After Adam Smith: a century of transformation in politics and political economy | publisher = Princeton University Press | location = Princeton, New Jersey Woodstock | year = 2011 | isbn = 9780691152349 }}
* {{cite book | last1 = Milgate | first1 = Murray | last2 = Eatwell | first2 = John | author-link2 = John Eatwell, Baron Eatwell | title = The fall and rise of Keynesian economics | publisher = Oxford University Press | location = New York | year = 2011 | isbn = 9780199777693 }}

=== Journal articles ===
* {{Cite journal | last1 = Milgate | first1 = Murray | last2 = Eatwell | first2 = John | author-link2 = John Eatwell, Baron Eatwell | title = Economic theory and European society: the influence of J.M. Keynes | journal = History of European Ideas | volume = 9 | issue = 2 | pages = 215–225 | doi = 10.1016/0191-6599(88)90042-3 | date = 1988 }}

== References ==
{{Reflist}}

{{Authority control}}

{{DEFAULTSORT:Milgate, Murray}}
Category:1950 births
Category:Living people
Category:20th-century Australian economists
Category:Alumni of the University of Cambridge
Category:Fellows of Queens' College, Cambridge
Category:University of Sydney alumni
Category:Harvard University faculty
Category:21st-century Australian economists

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Adapted from the Wikipedia article [Murray Milgate](https://en.wikipedia.org/wiki/Murray_Milgate) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Murray_Milgate?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.
