Economic Theory in Retrospect
Cambridge University Press
Edition: 5, 3/27/1997
EAN 9780521577014, ISBN10: 0521577012
Paperback, 752 pages, 24.4 x 17 x 4.3 cm
Language: English
Originally published in English
This is a history of economic thought from Adam Smith to John Maynard Keynes - but it is a history with a difference. Firstly, it is a history of economic theory, not of economic doctrines, that is, it is consistently focused on theoretical analysis, undiluted by entertaining historical digressions or biological colouring. Secondly, it includes detailed Reader's Guides to nine of the major texts of economics, namely the works of Smith, Ricardo, Mill, Marx, Marshall, Wickstead, Wicksell, Walras and Keynes, in the effort to encourage students to become acquainted at first hand with the writings of all the great economists. This fifth edition, first published in 1997, adds new Reader's Guides to Walras's Elements of Pure Economics (1871–74) and Keynes' General Theory to the previous seven Reader's Guides of other great books in economics. There are significant and major additions to six chapters.
Introduction
1. Pre-Adamite economics
2. Adam Smith
3. Population, diminishing returns and rent
4. Ricardo's system
5. Say's Law and classical monetary theory
6. John Stuart Mill
7. Marxian economics
8. The marginal revolution
9. Marshallian economics
utility and demand
10. Marshallian economics
cost and supply
11. Marginal productivity and factor prices
12. The Austrian theory of capital and interest
13. General equilibrium and welfare economics
14. Spatial economics and the classical theory of location
15. The neoclassical theory of money, interest and prices
16. Macroeconomics
17. A methodological postscript.