Economic Thought: A Brief History,Used
Economic Thought: A Brief History,Used
Economic Thought: A Brief History,Used

Economic Thought: A Brief History,Used

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In this concise yet comprehensive history, Heinz D. Kurz traces the long arc of economic thought from its emergence in ancient Greece to its systematic presentation among the classical thinkers of the late eighteenth and early nineteenth centuries to the influential work of scholars such as Paul Samuelson and Kenneth J. Arrow. With a keen eye for how economic insights are acquired, lost, and reborn, Kurz focuses on the dynamic individuals who give old ideas new life and the historical events that provoke different approaches and theories.Over the course of this journey, Kurz explains what Adam Smith meant by the 'invisible hand'; how Karl Marx's 'law of motion' works in capitalist economies; the roots of the Austrian economists' emphasis on the problems of information, incomplete knowledge, and uncertainty; John Maynard Keynes's principle of effective demand and economic stabilization; and the insights and challenges offered by growth theory, welfare economics, game theory, and more. He concludes with a deft summation of world economists' major concerns today and their critical relation to world events.

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Frequently Asked Questions

  • Q: What is the main topic of 'Economic Thought: A Brief History'? A: 'Economic Thought: A Brief History' by Heinz D. Kurz explores the evolution of economic ideas from ancient Greece through classical thinkers to modern scholars, highlighting key concepts and historical influences.
  • Q: Who is the author of the book? A: The book is authored by Heinz D. Kurz, a noted scholar in economic theory.
  • Q: What is the publication date of this book? A: 'Economic Thought: A Brief History' was published on May 3, 2016.
  • Q: How many pages does the book contain? A: The book contains 224 pages.
  • Q: What type of binding does this book have? A: This edition of the book is bound in hardcover.
  • Q: What are some key topics covered in the book? A: Key topics include the 'invisible hand' concept by Adam Smith, Marx's 'law of motion', Austrian economics, Keynes's principle of effective demand, and various economic theories.
  • Q: Is the book suitable for beginners in economics? A: Yes, the book is concise and comprehensive, making it suitable for both beginners and those familiar with economic thought.
  • Q: Does the book discuss contemporary economic issues? A: Yes, the author concludes with a discussion on major concerns of world economists today and their relevance to current global events.
  • Q: What is the edition of this book? A: This is a brief edition of the book.
  • Q: In which category is this book listed? A: 'Economic Thought: A Brief History' is categorized under Economic Conditions.