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A History Of Economic Thought,New
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An invigorating study of the development of systematic economic ideasStudy of the grand ideas in economics has a perpetual intellectual fascination in it's own right. It can also have practical relevance, as the global economic downturn that began in 2007 reminds us. For several decades, the economics establishment had been dismissive of Keynesianism, arguing that the world had moved beyond the 'depression economics' with which it dealt. Keynesian economics, however, has now staged a comeback as governments attempt to formulate policy responses to the Great Recession of the first decade of the twentyfirst century.Many of the issues that faced economists in the past are still with us. The theories and methods of such men as Adam Smith, T. R. Malthus, David Ricardo, J.S. Mill, Karl Marx, Alfred Marshall, and J. M. Keynes are often relevant to us todayand we can always learn from their mistakes.In his stimulating analysis Professor Barber assesses the thought of a number of important economists both in terms of the issues of their day and in relation to modern economic thought. By concentrating on the greatest exponents he highlights the central properties of the four main schools of economic thought classical, Marxian, neoclassical, and Keynesian and shows that although each of these traditions is rooted in a different stage of economic development, they can all provide insights into the recurring problems of modern economics.
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- Q: What is the main focus of 'A History of Economic Thought'? A: 'A History of Economic Thought' primarily examines the development of systematic economic ideas, highlighting the contributions of significant economists throughout history and their relevance to modern economic challenges.
- Q: Who is the author of this book? A: The book is authored by William J. Barber, who provides a detailed analysis of various economic theories and their historical context.
- Q: What is the publication date of this book? A: 'A History of Economic Thought' was published on June 15, 2009.
- Q: How many pages does the book have? A: The book contains 270 pages, providing a comprehensive overview of economic thought.
- Q: What topics are covered in this book? A: The book covers key economic theories and the thoughts of notable economists such as Adam Smith, Karl Marx, and J.M. Keynes, focusing on classical, Marxian, neo-classical, and Keynesian schools of thought.
- Q: Is this book suitable for beginners in economics? A: Yes, 'A History of Economic Thought' is suitable for beginners as it presents complex ideas in an accessible manner while still being informative for those with more advanced knowledge.
- Q: What type of binding does the book have? A: The book is available in paperback binding, making it easy to handle and read.
- Q: Does this book include any case studies or real-world examples? A: While the book primarily focuses on economic theories, it often relates these theories to historical events and modern economic issues, providing practical relevance.
- Q: Can this book help in understanding modern economic issues? A: Yes, the insights from historical economic thought presented in this book can help readers understand and analyze contemporary economic problems.
- Q: Is there an edition available for this book? A: The book is available in its first edition, providing foundational insights into the evolution of economic thought.