Handbook of the history of economic thought : insights on the founders of modern economics
This reader in the history of economic thought challenges the assumption that today's prevailing economic theories are always the most appropriate ones. As Leland Yeager has pointed out, unlike the scientists of the natural sciences, economists provide their ideas largely to politicians and political appointees who have rather different incentives that might prevent them from choosing the best economic theory. In this book, the life and work of each of the founders of economics is examined by the best available expert on that founding figure. These contributors present rather novel and certainly not mainstream interpretations of the founders of modern economics. The primary theme concerns the development of economic thought as this emerged in the various continental traditions including the Islamic tradition. These continental traditions differed substantially, both substantively and methodologically, from the Anglo-Saxon orientation that has been dominant in the last century for example in the study of public finance or the very construct of the state itself. This books maps the various channels of continental economics, particularly from the late-18th through the early-20th centuries, explaining and demonstrating the underlying unity amid the surface diversity. In particular, the book emphasizes the writings of John Stuart Mill, his predecessor David Ricardo and his follower Jeremy Bentham; the theory of Marginalism by von Thünen, Cournot, and Gossen; the legacy of Karl Marx; the innovations in developmental economics by Friedrich List; the economic and monetary contributions and "struggle of escape" by John Maynard Keynes; the formidable theory in public finance and economics by Joseph Schumpeter; a reinterpretation of Alfred Marshall; Léon Walras, Heinrich von Stackelberg, Knut Wicksell, Werner Sombart, and Friedrich August von Hayek are each dealt with in their own right
Handbook
1 online resource (xii, 728 pages) : illustrations
9781441983367, 1441983368
761868679
Print version:
Introduction / Jürgen Georg Backhaus
The Tradition of Economic Thought in the Mediterranean World from the Ancient Classical Times Through the Hellenistic Times Until the Byzantine Times and Arab-Islamic World / Christos P. Baloglou
Mercantilism / Helge Peukert
The Cameralists: Fertile Sources for a New Science of Public Finance / Richard E. Wagner
The Physiocrats / Lluis Argemí d'Abadal
Adam Smith : Theory and Policy / Andrew S. Skinner
Life and Work of David Ricardo (1772-1823) / Arnold Heertje
John Stuart Mill's Road to Leviathan : Early Life and Influences / Michael R. Montgomery
John Stuart Mill's Road to Leviathan II : The Principles of Political Economy / Michael R. Montgomery
Jeremy Bentham (1748-1832) / Christos P. Baloglou
Johann Heinrich von Thèunen : A Founder of Modern Economics / Hans Frambach
The Legacy of Karl Marx / Helge Peukert
Friedrich List's Striving for Economic Integration and Development / Karl-Heinz Schmidt
The Entwickelung According to Gossen / Jan van Daal
Gustav Schmoller as a Scientist of Political Economy / Reginald Hansen
The Empirical and Inductivist Economics of Professor Menger / Karl Milford
Antoine Augustin Cournot / Christos P. Baloglou
Léon Walras : What Cutes Know and What They Should Know / J.A. Hans Maks and Jan van Daal
Alfred Marshall / Earl Beach
Knut Wicksell and Contemporary Political Economy / Richard E. Wagner
Werner Sombart / Helge Peukert
The Scientific Contributions of Heinrich von Stackelberg / Peter R. Senn
Joseph Alois Schumpeter : The Economist of Rhetoric / Yuichi Shionoya
Against Rigid Rules : Keynes's View on Monetary Policy and Economic Theory / Elke Muchlinski
Keynes's "Long Struggle of Escape" / Royall Brandis
John Maynard Keynes and the Theory of the Monetary Economy / Hans-Joachim Stadermann and Otto Steiger
James Steuart and the Theory of the Monetary Economy / Hans-Joachim Stadermann and Otto Steiger
Friedrich August Hayek / Gerrit Meijer
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