Economic Thought
Economic Thought

Author: Heinz D. Kurz

Publisher: Columbia University Press

Published: 2016-05-03

Total Pages: 221

ISBN-13: 0231540752

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In this concise yet comprehensive history, Heinz D. Kurz traces the long arc of economic thought from its emergence in ancient Greece to its systematic presentation among the classical thinkers of the late eighteenth and early nineteenth centuries to the influential work of scholars such as Paul Samuelson and Kenneth J. Arrow. With a keen eye for how economic insights are acquired, lost, and reborn, Kurz focuses on the dynamic individuals who give old ideas new life and the historical events that provoke different approaches and theories. Over the course of this journey, Kurz explains what Adam Smith meant by the "invisible hand"; how Karl Marx's "law of motion" works in capitalist economies; the roots of the Austrian economists' emphasis on the problems of information, incomplete knowledge, and uncertainty; John Maynard Keynes's principle of effective demand and economic stabilization; and the insights and challenges offered by growth theory, welfare economics, game theory, and more. He concludes with a deft summation of world economists' major concerns today and their critical relation to world events.

Economic Theory and Economic Thought
Economic Theory and Economic Thought

Author: John Vint

Publisher:

Published: 2010

Total Pages: 398

ISBN-13: 0415465117

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Ian Steedman is internationally recognised as one of the leading economic theorists of his time and has made major contributions to the development of economic theory and economic thought, as substantiated by his work on Marx, Sraffa, Marshall, Jevons and Wicksteed. His contributions to economic theory include his work on time, international trade, capital theory and prices and growth and distribution. This collection contains contributions from distinguished authorities in economics including Paul Samuelson, Amitava Dutt and Geoffrey Hodgson. This volume is admirably wide ranging, reflecting the interests of Ian Steedman, and covers many themes from the history of economic thought and economic theory.

A Companion to the History of Economic Thought
A Companion to the History of Economic Thought

Author: Warren J. Samuels

Publisher: John Wiley & Sons

Published: 2008-04-15

Total Pages: 736

ISBN-13: 1405128968

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Assembling contributions from top thinkers in the field, thiscompanion offers a comprehensive and sophisticated exploration ofthe history of economic thought. The volume has a threefold focus:the history of economic thought, the history of economics as adiscipline, and the historiography of economic thought. Provides sophisticated introductions to a vast array oftopics. Focuses on a unique range of topics, including the history ofeconomic thought, the history of the discipline of economics, andthe historiography of economic thought.

Defending the History of Economic Thought
Defending the History of Economic Thought

Author: Steven Kates

Publisher: Edward Elgar Publishing

Published: 2013-08-30

Total Pages: 151

ISBN-13: 1782547819

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This book explains the importance of the history of economic thought in the curriculum of economists, whereas most discussions of this kind are devoted to explaining why such study is of value simply to the individual economist.

Sraffian Economics
Sraffian Economics

Author: Ian Steedman

Publisher:

Published: 1988

Total Pages: 408

ISBN-13:

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This is part of a two-volume set, the price for which is #149.95.

Economic Crisis and Economic Thought
Economic Crisis and Economic Thought

Author: Tommaso Gabellini

Publisher: Routledge

Published: 2019-01-23

Total Pages: 315

ISBN-13: 1317215494

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The ongoing economic crisis has revealed fundamental problems both in our economic system and the discipline which analyses it. This book presents a series of contrasting but complementary approaches in economic theory in order to offer a critical toolkit for examining the modern capitalist economy. The global economic crisis may have changed the world in which we live, but not the fundamental tenets of the discipline. This book is a critical assessment of the relation between economic theory and economic crises: how intellectual thinking impacts on real economic events and vice versa. It aims at challenging the conventional way in which economics is taught in universities and later adopted by public officials in the policymaking process. The contributions, all written by distinguished academics and researchers, offer a heterodox perspective on economic thinking and analysis. Each chapter is inspired by alternative theoretical approaches which have been mostly side-lined from current academic teaching programmes. A major suggestion of the book is that the recent economic crisis can be better understood by recovering such theoretical analyses and turning them into a useful framework for economic policymaking. Economic Crisis and Economic Thought is intended as a companion to economics students at the Master’s and PhD level, in order for them to confront issues related to the labour market, the financial sector, macroeconomics, industrial economics, etc. with an alternative and complementary perspective. It challenges the way in which economic theory is currently taught and offered via alternatives for the future.

The Individual and the Other in Economic Thought
The Individual and the Other in Economic Thought

Author: Ragip Ege

Publisher: Routledge

Published: 2018-07-27

Total Pages: 382

ISBN-13: 1351624482

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The Philosophy of Economics primarily considers the economic agent as a moral subject. Economics, however, has long overlooked the agent’s moral – that is to say, reasonable – dimension, to focus instead on the strictly rational. This volume seeks to address this neglected topic through exploring the Individual and the Other. The economic agent refers to "himself" (herself) in terms of his desire and passions, yet also refers to others besides himself. For the rational economic agent, what is the nature of this relationship with the Other? Should it not be understood as undergoing a transformation once we come to consider the economic agent as a reasonable being? Through what process does the Other pass from being an instrument at the disposal of a rational agent to being an end in itself for a moral subject? In other words, how does another become "an Other"? These questions are behind the re-examination of certain fundamental notions which takes place in this book, an examination which involves a re-reading of certain great authors. With contributions from authors around the world, this work is divided into three main parts. The first deals with individuals from the history of economic thought such as Adam Smith, Karl Marx and Hannah Arendt; this is then followed by a thematic section in which the concepts of recognition and subjectivity are questioned in a market context. Finally, the third part offers an analysis of the issue of "the Individual and the Other" in different fields of the recent economic analysis including game theory, decision theory or social choice. The Individual and the Other in Economic Thought aims to help the reader better understand how the relationship between the Individual and the Other has been conceived, conceptualized and framed in economic analysis. It will be of great use to graduate students, scholars and any reader interested in this crucial issue.

Economic Theory
Economic Theory

Author: Gary S Becker

Publisher: Routledge

Published: 2017-09-08

Total Pages: 243

ISBN-13: 1351327666

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Others might have called this book Micro Theory or Price Theory. Becker's choice of Economic Theory as the title for his book reflects his deep belief that there is only one kind of economic theory, not separate theories for micro problems, macro problems, non-market decisions, and so on. Indeed, as he notes, the most promising development in recent years in the literature on large scale economic problems such as unemployment has been the increasing reliance on utility maximization, a concept generally identified with microeconomics. Microeconomics is the subject matter of this volume, but it is emphatically not confined to microeconomics in the literal sense of micro units like firms or households. Becker's main interest is in market behavior of aggregations of firms and households. Although important inferences are drawn about individual firms and households, the author tries to understand aggregate responses to changes in basic economic parameters like tax rates, tariff schedules, technology, or antitrust provisions. His discussion is related to the market sector in industrialized economies, but the principles developed are applied to other sectors and different kinds of choices. Becker argues that economic analysis is essential to understand much of the behavior traditionally studied by sociologists, anthropologists, and other social scientists. The broad definition of economics in terms of scarce means and competing ends is taken seriously and should be a source of pride to economists since it provides insights into a wide variety of problems. Practically all statements proved mathematically are also provided geometrically or verbally in the body of the text.

Economics Evolving
Economics Evolving

Author: Agnar Sandmo

Publisher: Princeton University Press

Published: 2011-01-17

Total Pages: 502

ISBN-13: 0691148422

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This book 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 the economics. The book examines how important economists have reflected on the sometimes conflicting goals of efficient resource use and socially acceptable income distribution.--[book cover].

The Crisis of Vision in Modern Economic Thought
The Crisis of Vision in Modern Economic Thought

Author: Robert L. Heilbroner

Publisher: Cambridge University Press

Published: 1996-01-26

Total Pages: 148

ISBN-13: 9780521497145

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A deep and widespread crisis affects modern economic theory, a crisis that derives from the absence of a "vision"--a set of widely shared political and social preconceptions--on which all economics ultimately depends. This absence, in turn, reflects the collapse of the Keynesian view that provided such a foundation from 1940 through the early 1970s, comparable to earlier visions provided by Smith, Ricardo, Mill, and Marshall. The "unraveling" of Keynesianism has been followed by a division into discordant and ineffective camps whose common denominator seems to be their shared analytical refinement and lack of practical applicability. This provocative analysis attempts both to describe this state of affairs, and to suggest the direction in which economic thinking must move if it is to regain the relevance and remedial power it now pointedly lacks.