Adam Smith's Legacy: His Place in the Development of Modern Economics

Adam Smith's Legacy: His Place in the Development of Modern Economics

by Adam Smith
     
 

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ISBN-10: 0415061644

ISBN-13: 9780415061643

Pub. Date: 05/28/1992

Publisher: Taylor & Francis

Adam Smith's Legacy brings together a distinguished group of contributors, including ten Nobel Laureates in Economics, to discuss the continuing influence of Adam Smith's work. They examine the ``wealth of nations'' approach from today's perspective and consider

the modern applications of Smith's analysis. They explore themes as diverse as Smith's use of

Overview

Adam Smith's Legacy brings together a distinguished group of contributors, including ten Nobel Laureates in Economics, to discuss the continuing influence of Adam Smith's work. They examine the ``wealth of nations'' approach from today's perspective and consider

the modern applications of Smith's analysis. They explore themes as diverse as Smith's use of data, his attitude towards human capital and his views on economic policy. Heirs to Smith and leaders of the discipline, the contributors also reflect upon the current state of economics,

assessing the extent to which it measures up to the benchmark established by its founder.

Contributors include: Paul Samuelson, Lawrence Klein, Franco Modigliani, James Buchanan, Maurice Allais, Theodore Schultz, Richard Stone, James Tobin, Wassily Leontief, Jan Tinbergen.

Published in Association with the Institute of Economic Affairs

Product Details

ISBN-13:
9780415061643
Publisher:
Taylor & Francis
Publication date:
05/28/1992
Pages:
224
Product dimensions:
5.74(w) x 8.80(h) x 0.87(d)
Age Range:
18 Years

Table of Contents

Address at Canongate Kirkyard 1. The Overdue Recovery of Adam Smith's Reputation as an Economic Theorist Paul Samuelson 2. Smith's Use of Data L.R. Klein 3. On the Wealth of Nations Franco Modigliani 4. The Supply of Labour and the Extent of the Market

James M. Buchanan 5. The General Theory of Surpluses as a Formulation of the Underlying Theoretical Thought of Adam Smith, his Predecessors and his Contemporaries Maurice Allais 6. Adam Smith and Human Capital Theodore Schultz 7. Public Economic Policy: Adam Smith

on What State and other Public Institutions Should and Should Not Do Richard Stone 8. The Invisible Hand in Modern Macro Economics James Tobin 9. The Present State of Economic Science Wassily Leontief 10. Economics: Recent Performance and Future Tasks Jan

Tinbergen

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