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Now in its seventh edition, Ingrid Rima's classic textbook charts the development of the discipline from the classical age of Plato and Aristotle, through the middle ages to the first flowering of economics as a distinct discipline - the age of Petty, Quesnay and Smith - to the era of classical economics and the marginalist revolution. The book then goes on to offer extensive coverage of the twentieth century - the rise of Keynesianism, econometrics, the Chicago School and the neoclassical paradigm. The concluding chapters analyze the birth of late twentieth century developments such as game theory, experimental economics and competing schools of economic thought. This text includes a number of practical features: a "family tree" at the beginning of each section, illustrating how the different developments within economics are interlinked the inclusion of readings from the original key texts a summary and questions to discuss, along with glossaries and suggestions for further reading This book provides the clearest, most readable guide to economic thought that exists and encourages students to examine the relevance of the discipline's history to contemporary theory.
Ingrid Rima is Professor of Economics at Temple University, Philadelphia, USA.
Table of Contents
|Early Masterworks as a source of Economic Thought|
|The Origins of Analytic Economics|
|The Transition to Classical Economics|
|Physiocracy: The Beginning of Analytical Economics|
|From Moral Philosophy to Political Economy|
|The Political Economy of Population Behaviour and Aggregate Demand|
|Economic Analysis of the Distributive Shares|
|Building on Ricardian Foundations|
|Classical Theory in Review|
|The Critics of Classicism|
|Socialism, Induction, and the Forerunners of Marginalism|
|An Inquiry into the "Law of Motion" of the Capitalist System|
|The Neo-classical Tradition, 1980-1945|
|Alfred Marshall and the Neo-classical Tradition|
|Chamberlain, Robinson and Other Price Theorists|
|The "New" Theory of Welfare and Consumer Behavior|
|Neo-classical Monetary and business-Cycle Theorists|
|The Dissent form Neo-classicism, 1890-1945|
|The Dissent of American Institutionalists|
|The Economics of Planning: Socialism without Marxism|
|J. M. Keynes's Critique of the Mainstream Tradition|
|Keynes's Theory of Employment, Output and Income|
|Beyond High Theory|
|The Emergence of Econometrics as a Sister-Discipline of Economics|
|Neo-Keynesians, Neo-Walrasians and Monetarists|
|The Analytics of Economic Liberalism: The Theory of Choice|
|Competing Economic Paradigms|
|From Economic Heterodoxy to Pluralism and the Revival of Political Economy|
|Table of Contents provided by Publisher. All Rights Reserved.|