Fr. 169.00

Competing Schools of Economic Thought

English · Paperback / Softback

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Description

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1. 1 Introduction This book was born out of our reaction to the way in which the usual texts cover the subject of the history of economic thought. In most of these texts, there is a tendency to emphasize the similarities and differences between all the important economists and form a repository of encyclopedic knowledge where one can study the seemingly important economic ideas. In this book, we argue that it is much more fruitful to focus on the essential ideas of each and every school of economic thought and relate them to present-day problems, than to engage into a sterile discussion of the ideas and the lives of the great economists of the past. Thus, although this book deals with the history of economic thought, it does not necessarily follow a historic (in the sense of the order of presentation) approach, but rather a logical one, that is to say it deals with the social conditions associated with the emergence of a school of economic thought, its evolution, and its contemporary in?uence. One cannot write a book on the history of economic thought without writing separate chapters on the major economists of the past, that is, Adam Smith, David Ricardo, Karl Marx, and J. M. Keynes. Of course these economists formed schools of economic thought, that is, the classical and the Keynesian.

List of contents

The Origins of Economic Theory.- Adam Smith's Wealth of Nations.- David Ricardo's Principles of Political Economy.- Karl Marx's Das Kapital.- The Structure of Classical Theory.- The Structure of the Neoclassical Theory.- Theory of Capital and Cambridge Controversies.- Between Competition and Monopoly.- Keynes's General Theory.- The Neoclassical Synthesis.- Disequilibrium Macroeconomics: From Its Brief Ascent to the Rapid Decline.- The Rise and Fall of Monetarism.- New Classical Macroeconomics.- The Real Business Cycles Approach.- The Return of (New) Keynesian Economics.- Economic Theory in Historical Perspective.

Summary

1. 1 Introduction This book was born out of our reaction to the way in which the usual texts cover the subject of the history of economic thought. In most of these texts, there is a tendency to emphasize the similarities and differences between all the important economists and form a repository of encyclopedic knowledge where one can study the seemingly important economic ideas. In this book, we argue that it is much more fruitful to focus on the essential ideas of each and every school of economic thought and relate them to present-day problems, than to engage into a sterile discussion of the ideas and the lives of the great economists of the past. Thus, although this book deals with the history of economic thought, it does not necessarily follow a historic (in the sense of the order of presentation) approach, but rather a logical one, that is to say it deals with the social conditions associated with the emergence of a school of economic thought, its evolution, and its contemporary in?uence. One cannot write a book on the history of economic thought without writing separate chapters on the major economists of the past, that is, Adam Smith, David Ricardo, Karl Marx, and J. M. Keynes. Of course these economists formed schools of economic thought, that is, the classical and the Keynesian.

Product details

Authors Lefteris Tsoulfidis
Publisher Springer, Berlin
 
Languages English
Product format Paperback / Softback
Released 01.01.2014
 
EAN 9783642448867
ISBN 978-3-642-44886-7
No. of pages 416
Dimensions 155 mm x 21 mm x 235 mm
Weight 652 g
Illustrations IX, 416 p.
Subjects Social sciences, law, business > Business > Economics

B, Wirtschaftspolitik, politische Ökonomie, Economic Policy, Economic history, Economics and Finance, Economic Theory, Economic development, Political Economy, Management science, Quantitative Economics, History of Economic Thought and Methodology, History of Economic Thought/Methodology, Economic Theory/Quantitative Economics/Mathematical Methods, Wealth of Nations

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