History of Economic Thought: A Critical PerspectiveThe new edition of this classroom classic retains the organizing theme of the original text, presenting the development of thought within the context of economic history. Economic ideas are framed in terms of the spheres of production and circulation, with a critical analysis of how past theorists presented their ideas. |
Contents
| 3 | |
2 Economic Ideas Before Adam Smith | 23 |
3 Adam Smith | 40 |
4 Thomas Robert Malthus | 65 |
5 David Ricardo | 91 |
The Economics of Bentham Say and Senior | 125 |
The Ideas of William Thompson and Thomas Hodgskin | 153 |
The Writings of Bastiat and Mill | 174 |
The Writings of Hobson Luxemburg and Lenin | 347 |
Neoclassical Welfare Economics | 371 |
The Writings of John Maynard Keynes | 398 |
The Writings of Piero Sraffa | 434 |
The Bifurcation of Orthodoxy | 459 |
Institutionalism and PostKeynesianism | 493 |
The Revival of Critical Political Economy | 517 |
| 545 | |
Other editions - View all
History of Economic Thought: A Critical Perspective E. K. Hunt,Mark Lautzenheiser Limited preview - 2015 |
History of Economic Thought: A Critical Perspective E. K. Hunt,Mark Lautzenheiser Limited preview - 2015 |
History of Economic Thought: A Critical Perspective E. K. Hunt,Mark Lautzenheiser No preview available - 2011 |
Common terms and phrases
accumulation aggregate agricultural analysis argued Bastiat believed capitalist capitalist system century Chapter commodities competition consumer consumption costs created determined developed discussion economic theory employment equal equations equilibrium exchange value existing factors factors of production firm forces Hodgskin human Ibid ideas ideology imperialism important income increase individual industry inputs interest rate investment Jevons Keynes Keynesian labor embodied labor power labor theory laissez-faire land landlords laws Malthus marginal utility Marx Marx’s maximizing means of production Menger Mill natural necessary neoclassical economics neoclassical economists neoclassical theory output ownership Pareto optimality percent period Political Economy principle private property problem production process profit rate quantity rate of profit ratio rent result Ricardo saving Say’s law Senior Smith social socialist society Sraffa subsistence surplus value theorists theory of value Thorstein Veblen tion transformation problem utilitarian Veblen wage rate Walras Walras's welfare economics workers