The Evolution of Economic Thought

by Brue, Stanley

• ISBN13: 9780030259982
• ISBN10: 0030259983
• Additional ISBN(s): 9780324321456
• Edition: 6th
• Format: Hardcover
• Copyright: 1999-10-27
• Publisher: South-Western College Pub
• More Book Details

Summary

The Evolution of Economic Thought, 6/e presents the history of economics and the philosophies that drive the economic way of thinking. It stresses the importance of understanding contemporary economics, by grasping new ideas, evidence, problems and values that call for reconsideration of basic disputes and major contributions of the past. The textbook explains the ideas of the great economic thinkers and their logical connections to the world of today and tomorrow. Updated pedagogial features provide clear insight into issues like antitrust perspectives and game theory. Introducing ideas like Robert Solow?s pioneering model to discuss recent renewed emphasis on growth theory and technological change, the author sheds historical light on modern debates and thoughts. Stanley Brue once again carries on the legacy of Jacob Oser, the book?s creator, by offering a scholarly and timely presentation of the history of economic thought.

Table of Contents

1. Introduction and Overview

2. The Mercantilist School

3. The Physiocratic School

4. The Classical School- Forerunners

5. The Classical School- Adam Smith

6. The Classical School- Thomas Malthus

7. The Classical School- David Ricardo

8. The Classical School- Bentham Say, Senior, and Mill

9. The Rise of Socialist Thought

10. Marxian Socialism

11. The German Historical School

12. The Marginalist School- Forerunners

13. The Marginalist School- Jevons, Menger, von Wieser, and von Böhm-Bawerk

14. The Marginalist School- Edgeworth and Clark

15. The Neoclassical School- Alfred Marshall

16. The Neoclassical School- Monetary Economics

17. The Neoclassical School- The Departure from Pure Competition

18. Mathematical Economics

19. The Institutionalist School

20. Welfare Economics

21. The Keynesian School- John Maynard Keynes

22. The Keynesian School- Developments Since Keynes

23. Theories of Economic Growth and Development

24. The Chicago School

25. Conclusions