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A Brief History of Economic Thought "From the Mercantilists to the Post-Keynesians"

A Brief History of Economic Thought "From the Mercantilists to the Post-Keynesians"

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  • ISBN:9781786433831
  • Editorial: Edward Elgar
  • Fecha de la edición:
  • Encuadernación:
  • Nº Pág.:304
  • Idiomas:Ingles,Inglés

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It is now widely acknowledged that history is useful, even essential, because it helps us predict the future. The history of ideas in economics, as in other fields of inquiry, plays an important role in enlightening current researchers as they endeavour to understand contemporary events and anticipate the future of human societies. This book brings together a fine collection of chapters that span contributions from forgotten classics to the most recent new thinking about critical issues such as growth, wealth, its creation and its distribution among members of society. It is A Brief History of Economic Thought, but it will certainly go a long way in helping undergraduate students and other researchers who are curious about the evolution of economic ideas over the last five centuries.

Chapters offer discussions on the main tenets of post-Keynesian economics, and focus on issues of growth, wealth and income distribution. The debate on the role of government versus the market is brought to the fore within the context of economic thought from the Physiocrats to the post-Keynesians.

The editors have created an essential read for scholars and students interested in the history of economic thought and post-Keynesian economics.

Introduction to A Brief History of Economic Thought 1
Hassan Bougrine and Louis-Philippe Rochon

PART I THE HISTORY OF ECONOMICS BEFORE KEYNES
1 The Mercantilists and Physiocrats 4
Hassan Bougrine
2 The Classical School 14
Suranjana Nabar-Bhaduri and Matías Vernengo
3 Karl Marx and the Marxist School 35
Scott Carter
4 The Neoclassical School 54
Hassan Bougrine

PART II KEYNES AND HIS CONTEMPORARIES
5 John Maynard Keynes 74
Amitava Dutt
6 Michal Kalecki 94
Malcolm Sawyer
7 Thorstein Bunde Veblen 112
Guglielmo Forges Davanzati
8 Joseph Alois Schumpeter 125
Nicola De Liso
9 Karl Polanyi: The Place of the Economy in Society 148
Claus Thomasberger

PART III THE HISTORY OF ECONOMICS AFTER KEYNES
10 The Keynesian School and the Neoclassical Synthesis 173
John E. King
11 Milton Friedman and the Monetarist School 193
Sergio Rossi
12 The Rational Expectations School 211
William McColloch and Matías Vernengo
13 The New Keynesian School 228
Steven Pressman
14 The Post-Keynesian School 246
Louis-Philippe Rochon

Author index 273
Subject index 278

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