Economics Evolving: A History of Economic Thought

Economics Evolving: A History of Economic Thought

by Agnar Sandmo
ISBN-10:
0691148422
ISBN-13:
9780691148427
Pub. Date:
01/17/2011
Publisher:
Princeton University Press
ISBN-10:
0691148422
ISBN-13:
9780691148427
Pub. Date:
01/17/2011
Publisher:
Princeton University Press
Economics Evolving: A History of Economic Thought

Economics Evolving: A History of Economic Thought

by Agnar Sandmo
$53.0 Current price is , Original price is $53.0. You
$53.00 
  • SHIP THIS ITEM
    Qualifies for Free Shipping
  • PICK UP IN STORE
    Check Availability at Nearby Stores
$20.91 
  • SHIP THIS ITEM

    Temporarily Out of Stock Online

    Please check back later for updated availability.

    • Condition: Good
    Note: Access code and/or supplemental material are not guaranteed to be included with used textbook.

Overview

The story of economics from Adam Smith to Paul Samuelson

In clear, nontechnical language, this introductory textbook describes the history of economic thought, focusing on the development of economic theory from Adam Smith's Wealth of Nations to the late twentieth century.

The text concentrates on the most important figures in the history of economics, from Smith, Thomas Robert Malthus, David Ricardo, John Stuart Mill, and Karl Marx in the classical period to John Maynard Keynes and the leading economists of the postwar era, such as John Hicks, Milton Friedman, and Paul Samuelson. It describes the development of theories concerning prices and markets, money and the price level, population and capital accumulation, and the choice between socialism and the market economy. The book examines how important economists have reflected on the sometimes conflicting goals of efficient resource use and socially acceptable income distribution. It also provides sketches of the lives and times of the major economists.

Economics Evolving repeatedly shows how apparently simple ideas that are now taken for granted were at one time at the cutting edge of economics research. For example, the demand curve that today's students probably get to know during their first economics lecture was originally drawn by one of the most innovative theorists in the history of the subject. The book demonstrates not only how the study of economics has progressed over the course of its history, but also that it is still a developing science.


Product Details

ISBN-13: 9780691148427
Publisher: Princeton University Press
Publication date: 01/17/2011
Edition description: New Edition
Pages: 504
Product dimensions: 6.00(w) x 9.10(h) x 1.30(d)

About the Author

Agnar Sandmo is professor emeritus of economics at the Norwegian School of Economics and Business Administration. He is the author of The Public Economics of the Environment.

Table of Contents


Preface vii
Chapter 1: A Science and Its History 1
Chapter 2: Before Adam Smith 15
Chapter 3: Adam Smith 32
Chapter 4: The Classical School: Thomas Robert Malthusand David Ricardo 60
Chapter 5: Consolidation and Innovation: John Stuart Mill 89
Chapter 6: Karl Marx as an Economic Theorist 115
Chapter 7: The Forerunners of Marginalism 138
Chapter 8: The Marginalist Revolution I:William Stanley Jevons and Carl Menger 166
Chapter 9: The Marginalist Revolution II: Léon Walras 190
Chapter 10: Alfred Marshall and Partial Equilibrium Theory 213
Chapter 11: Equilibrium and Welfare: Edgeworth,Pareto, and Pigou 238
Chapter 12: Interest and Prices: Knut Wicksell and Irving Fisher 267
Chapter 13: New Perspectives on Markets and Competition 294
Chapter 14: The Great Systems Debate 318
Chapter 15: John Maynard Keynes and the Keynesian Revolution 339
Chapter 16: Frisch, Haavelmo, and the Birth of Econometrics 367
Chapter 17: The Modernization of EconomicTheory in the Postwar Period 391
Chapter 18: Further Developments in the Postwar Period 416
Chapter 19: Long-term Trends and New Perspectives 440
References 467
Index 485

What People are Saying About This

Robert Dimand

Agnar Sandmo has written a lively, readable, and scholarly account of how the central core of economics has evolved from Adam Smith to the postwar era, and of how it continues to evolve. Students and instructors will find this volume both helpful and enjoyable.
Robert Dimand, Brock University

Hans-Werner Sinn

In this book, one of Europe's greatest contemporary economists writes about great figures in the history of economic thought. Agnar Sandmo's Economics Evolving convinces by its clarity, depth, and readability. Highly recommended for students, scholars, and the general public alike.
Hans-Werner Sinn, president of the Ifo Institute for Economic Research, Ludwig-Maximilian-University, Munich

Ray Rees

This scholarly, authoritative, and lucid survey of the history of economic thought should be required reading for every student of economics, and can be read with profit and pleasure by professional economists and interested noneconomists alike. The book gives just the right amount of detail on the lives and contributions of the great economists, and its most striking achievement lies in its beautifully clear explanations of even the most complex ideas, without recourse to equations or jargon.
Ray Rees, University of Munich

From the Publisher

"Economists have long known Agnar Sandmo as one of our clearest thinkers and most lucid expositors. He uses these skills brilliantly in this history of our discipline. He gives us simple, succinct, and thoughtful accounts of the ideas that have shaped the subject over the past three centuries. This book by itself constitutes a compelling argument for restoring the history of economic thought to the graduate curriculum."—Avinash Dixit, Princeton University

"In this book, one of Europe's greatest contemporary economists writes about great figures in the history of economic thought. Agnar Sandmo's Economics Evolving convinces by its clarity, depth, and readability. Highly recommended for students, scholars, and the general public alike."—Hans-Werner Sinn, president of the Ifo Institute for Economic Research, Ludwig-Maximilian-University, Munich

"This book shows why the history of economics should be taken more seriously."—Geoffrey M. Hodgson, University of Hertfordshire

"Agnar Sandmo has written a lively, readable, and scholarly account of how the central core of economics has evolved from Adam Smith to the postwar era, and of how it continues to evolve. Students and instructors will find this volume both helpful and enjoyable."—Robert Dimand, Brock University

"This scholarly, authoritative, and lucid survey of the history of economic thought should be required reading for every student of economics, and can be read with profit and pleasure by professional economists and interested noneconomists alike. The book gives just the right amount of detail on the lives and contributions of the great economists, and its most striking achievement lies in its beautifully clear explanations of even the most complex ideas, without recourse to equations or jargon."—Ray Rees, University of Munich

Hodgson

This book shows why the history of economics should be taken more seriously.
Geoffrey M. Hodgson, University of Hertfordshire

Avinash Dixit

Economists have long known Agnar Sandmo as one of our clearest thinkers and most lucid expositors. He uses these skills brilliantly in this history of our discipline. He gives us simple, succinct, and thoughtful accounts of the ideas that have shaped the subject over the past three centuries. This book by itself constitutes a compelling argument for restoring the history of economic thought to the graduate curriculum.
Avinash Dixit, Princeton University

From the B&N Reads Blog

Customer Reviews