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aer’s greatest hits

The February issue of American Economic Review has a nice feature entitled “100 Years of the American Economic Review: The Top 20 Articles,” where a distinguished committee of scholars (Arrow, Bernheim, Feldstein, McFadden, Poterba and Solow) present what they see as, well, the top 20 articles published in AER in the last 100 years.  One thing to note that these are not the top-20 most heavily cited articles.  The committee followed (ironically) a “qualitative/reputational” approach in which citations were considered but they were not the most important factor.  In addition to the (from my own highly uninformed perspective) obvious papers, (e.g. Cobb and Douglas 1928, Friedman 1968, Krugman 1980, Kuznets 1955, Lucas 1973) orgtheorists and O&Mers would be happy to find Alchian and Demsetz (1972) occupying the top spot and Hayek (1945) somewhere in the middle.

Written by Omar

March 29, 2011 at 1:19 pm

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  1. Those articles are listed alphabetically. . .I don’t think the rank order means anything.

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    Brian Saxton

    March 29, 2011 at 2:24 pm


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