Economics in Perspective: A Critical History

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Princeton University Press, Aug 29, 2017 - Business & Economics - 384 pages

In Economics in Perspective, renowned economist John Kenneth Galbraith presents a compelling and accessible history of economic ideas, from Aristotle through the twentieth century. Examining theories of the past that have a continuing modern resonance, he shows that economics is not a timeless, objective science, but is continually evolving as it is shaped by specific times and places. From Adam Smith's theories during the Industrial Revolution to those of John Maynard Keynes after the Great Depression, Galbraith demonstrates that if economic ideas are to remain relevant, they must continually adapt to the world they inhabit. A lively examination of economic thought in historical context, Economics in Perspective shows how the field has evolved across the centuries.

 

Contents

CHAPTER
1
CHAPTER
10
CHAPTER 3
19
The Merchants and the State
35
CHAPTER 5
51
CHAPTER 7
69
CHAPTER 8
88
CHAPTER 9
113
CHAPTER 13
170
CHAPTER 14
195
CHAPTER 15
211
CHAPTER 16
229
CHAPTER 18
254
CHAPTER 19
274
CHAPTER 20
290
CHAPTER 21
307

CHAPTER 11
139
CHAPTER 12
154

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About the author (2017)

John Kenneth Galbraith (1908–2006) was one of the most influential economists of the twentieth century. He was professor of economics at Harvard University and served as U.S. ambassador to India during the Kennedy administration. He wrote more than fifty books, including American Capitalism, The Affluent Society, and The New Industrial State (Princeton).

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