A Concise History of Economic Thought From Mercantilism to Monetarism

by Vaggi, Gianni; Groenewegen, Peter

• ISBN13: 9781137372451
• ISBN10: 1137372451
• Format: Paperback
• Copyright: 2014-04-30
• Publisher: Palgrave Macmillan

Summary

Gianni Vaggi and Peter Groenewegen present a brief history of economic thought over three centuries. They sketch the history form the seventeenth century to the present day. Each chapter examines the key contributions of a major economist, or group of economists, and concludes with brief suggestions for further reading. The economists covered include Keynes, Marshall, Petty and Jevons, as well as less familiar theorists such as Galiani and Turgot.

Author Biography

Gianni Vaggi is Professor of Development Economics at the University of Pavia, Italy where he is also the Director of the European School of Advanced Studies in Cooperation and Development. He has published a large number of articles as well as two books: The Economics of Francois Quesnay and From the Debt Crisis to Sustainable Development.

Peter Groenewegen is Emeritus Professor of Economics at the University of Sydney, Australia. He has published a number of books on the history of economic thought, including a widely acclaimed biography of Alfred Marshall, a collection in translation of Turgot's major writings on economics, and three volumes of his essays on the history of economics. As Director of the Centre for the Study of the History of Economic Thought from 1989 to 2003, he edited several volumes of conference proceedings on subjects ranging from economics and ethics, to women and economics, and physicians and political economy, as well as a series of reprints of economic classics. In 2005 his services to the subject were recognised by both the History of Economics Society which named him as one of its distinguished fellows, and the European Society of the History of Economic Thought which made him one of its honorary members.

Table of Contents

Foreword; S.G.Medema
PART I: CLASSICAL POLITICAL ECONOMY, 1600-1870
1. Seventeenth Century Pioneers
2. Development in French Economics
3. Towards a Mature Classical Political Economy
4. The First Full Systems of Classical Political Economy
5. The 'Golden Age' of Classical Political Economy
PART II: MODERN DEVELOPMENTS, 1870-1960
6. The First Generation
7. The Development of Marginalist Economics: Distribution and Capital Theory
8. Pioneers of Macro-Economics
9. Further Developments in Micro-Economics
10. The Foundations of Modern Macro-Economics