Description
Book SynopsisThis book brings together John Creedy's most important essays on the history of economic analysis. The book contributes to our understanding of the development of economics by looking at the subject and some of its major players including Pareto, Edgeworth, Marshall and Wicksell, from an historical perspective. It reveals how learning about a subject and its past is critical to understanding current debates.
Trade Review'Those desirous of learning more about the theory of exchange in the formative period of marginalist economics can benefit considerably from Creedy's essays, here conveniently reprinted in the one place. Those who lack the originals on their bookshelves, whose work Creedy discusses, or who cannot easily obtain them from their university libraries, will find the selections reprinted in the companion volume quite handy. In short, these are useful collections to order for your library and to place on the reading list of your history of economics course if it deals in depth with the early marginalists. This is a quality contribution from a good specialist historian of economics.' -- Peter Groenewegen, History of Economics Review
Table of ContentsContents: Preface 1. Pareto and the Distribution of Income 2. Edgeworth’s Contribution to the Theory of Exchange 3. Some Recent Interpretations of Mathematical Psychics 4. The Early Use of Lagrange Multipliers in Economics 5. Francis Ysidro Edgeworth 6. F.Y. Edgeworth’s Mathematical Training 7. F.Y. Edgeworth: Utilitarianism and Arbitration 8. Public Finance 9. On the King-Davenant Law of Demand 10. Wicksell on Edgeworth’s Tax Paradox 11. Whewell’s ‘Translation’ of J.S. Mill 12. Marshall and Edgeworth 13. Marshall, Monopoly and Rectangular Hyperbolas 14. Commentary on English Speaking Pioneers in Value and Distribution Theory 15. Marshall and International Trade 16. Mangoldt and Inter-related Goods 17. Consumers’ Surplus and International Trade: Marshall’s Example 18. The Role of Stocks in Supply and Demand Analysis 19. Jevons’s Complex Cases in the Theory of Exchange 20. Cournot on Trade Between Regions and the Transition from Partial to General Equilibrium Modelling 21. Launhardt’s Model of Exchange 22. Exchange Equilibria: Bargaining, Utilitarian and Competitive Solutions 23. The Rise and Fall of Walras’s Demand and Supply Curves Index
