Description
Book SynopsisThis book, first published in 1997, 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. Secondly, it includes detailed Reader's Guides to nine of the major texts of economics.
Trade Review'... this last edition of his magnum opus - witty, serious; iconoclastic, devout; in its core unchanged, full of new insights, is the best yet. I cannot imagine a scholar's library - or for that matter a student's - without it.' Robert Heilbroner
'Economic Theory in Retrospect has, for over three decades, stood out among the essential secondary literature for its thoroughness and depth, scope and scholarship. It is most reassuring, therefore that Blaug's great work will be continuing in a new edition, as a mainstay of serious courses in the history of economics, well into the next century and next millennium.' Terence Hutchison
Table of ContentsIntroduction; 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.
