Sandmo | Economics Evolving | Buch | 978-0-691-14842-7 | www.sack.de

Buch, Englisch, 424 Seiten, Format (B × H): 154 mm x 234 mm, Gewicht: 698 g

Sandmo

Economics Evolving

A History of Economic Thought
1. Auflage 2011
ISBN: 978-0-691-14842-7
Verlag: Princeton University Press

A History of Economic Thought

Buch, Englisch, 424 Seiten, Format (B × H): 154 mm x 234 mm, Gewicht: 698 g

ISBN: 978-0-691-14842-7
Verlag: Princeton University Press


In clear, nontechnical language, this introductory textbook describes the history of economic thought, focusing on the development of economic theory from Adam Smith's Wealth of Nations to the late twentieth century. The text concentrates on the most important figures in the history of economics, from Smith, Thomas Robert Malthus, David Ricardo, John Stuart Mill, and Karl Marx in the classical period to John Maynard Keynes and the leading economists of the postwar era, such as John Hicks, Milton Friedman, and Paul Samuelson. It describes the development of theories concerning prices and markets, money and the price level, population and capital accumulation, and the choice between socialism and the market economy. The book examines how important economists have reflected on the sometimes conflicting goals of efficient resource use and socially acceptable income distribution. It also provides sketches of the lives and times of the major economists. Economics Evolving repeatedly shows how apparently simple ideas that are now taken for granted were at one time at the cutting edge of economics research. For example, the demand curve that today's students probably get to know during their first economics lecture was originally drawn by one of the most innovative theorists in the history of the subject. The book demonstrates not only how the study of economics has progressed over the course of its history, but also that it is still a developing science.

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Preface vii

Chapter 1: A Science and Its History 1

Chapter 2: Before Adam Smith 15

Chapter 3: Adam Smith 32

Chapter 4: The Classical School: Thomas Robert Malthusand David Ricardo 60

Chapter 5: Consolidation and Innovation: John Stuart Mill 89

Chapter 6: Karl Marx as an Economic Theorist 115

Chapter 7: The Forerunners of Marginalism 138

Chapter 8: The Marginalist Revolution I:William Stanley Jevons and Carl Menger 166

Chapter 9: The Marginalist Revolution II: L?on Walras 190

Chapter 10: Alfred Marshall and Partial Equilibrium Theory 213

Chapter 11: Equilibrium and Welfare: Edgeworth,Pareto, and Pigou 238

Chapter 12: Interest and Prices: Knut Wicksell and Irving Fisher 267

Chapter 13: New Perspectives on Markets and Competition 294

Chapter 14: The Great Systems Debate 318

Chapter 15: John Maynard Keynes and the Keynesian Revolution 339

Chapter 16: Frisch, Haavelmo, and the Birth of Econometrics 367

Chapter 17: The Modernization of EconomicTheory in the Postwar Period 391

Chapter 18: Further Developments in the Postwar Period 416

Chapter 19: Long-term Trends and New Perspectives 440

References 467

Index 485


Sandmo, Agnar
Agnar Sandmo is professor emeritus of economics at the Norwegian School of Economics and Business Administration. He is the author of "The Public Economics of the Environment".



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