This book presents a brief history of economic thought from the 17th century to the present day. Each chapter examines the key contributions of a major economist or group of economists and includes suggestions for further reading. Economists covered include Keynes, Marshall, Petty and Jevons, and less familiar theorists such as Galiani and Turgot.Foreword; S.G.Medema PART I: CLASSICAL POLITICAL ECONOMY, 1600-1870 1. Seventeenth Century Pioneers 2. Development in French Economics 3. Towards a Mature Classical Political Economy 4. The First Full Systems of Classical Political Economy 5. The 'Golden Age' of Classical Political Economy PART II: MODERN DEVELOPMENTS, 1870-1960 6. The First Generation 7. The Development of Marginalist Economics: Distribution and Capital Theory 8. Pioneers of Macro-Economics 9. Further Developments in Micro-Economics 10. The Foundations of Modern Macro-Economics
Praise for the the first edition:
'A Concise History of Economic Thought is exactly the book I have always wanted to prescribe for undergraduate classes in the history of economic thought. Written by two eminent scholars, it provides a clear convincing outline of the principal developments in our discipline combined with clear, absorbing accounts of the major episodes, contributors and their contributions on the way. It is an authoritative and definitive text, a wonderful read, an example of mature scholarship at its best, backed up by well chosen additional readings in each chapter.' - G.C. Harcourt, Jesus College, Cambridge, UK
'This book, written by two eminent historians of economics, is a definitive roadmap through the development of economic thought over the past 400 years. Its convincing and transparent structure introduces each milestone along the way in the form of accessible vignettes of the key contributions to classical political economy and modern economics. As a unique feature, each of these more than thirty chapters stands ol“Y