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The Making of Modern Economics presents a bold and engaging history of economics—the dramatic story of how the great economic thinkers built today's rigorous social science.This comprehensive yet accessible introduction to the major economic philosophers begins with Adam Smith and continues through to the present day. It examines the contributions each one made to our understanding of the role of the economist, the science of economics and economic theory. Boxes in each chapter highlight little-known and entertaining facts about the economists'personal lives that had an influence on their work.The fourth edition adds coverage of modern monetary theory, the COVID-19 pandemic, climate change, minimum wage debates, Schumpeter and socialism, Malthus and immigration, and more.The Making of Modern Economics is a valuable, engaging text for courses in the history of economic thought and political economy.

The volumes in this set, originally published between 1925 and 1990, draw together research by leading academics in the area of the history of economic thought. The volumes encompass many different schools of economic thought, with a focus on individual economic thinkers such as Friedrich Hayek, Adam Smith and Piero Sraffa. This set will be of interest to students of economics, particularly students of the history of economic thought.

Re-issuing 15 seminal volumes in the history of economics, originally published between 1906 and 1983, but which still have enduring validity, the volumes in this set, by Edwin Cannan, Michal Kalecki, Simon Kuznets, Erik Lindahl, A. C. Pigou, Joan Robinson, Friedrich List, Knut Wicksell, Tibor Scitovsky and Jacob Viner discuss and examine: general problems of economics and in particular the theories of production, value, distribution, employment, interest, money, currency, credit and international trade key principles of economics in historical terms Swedish monetary theory major variables significant for the analysis of economic development business cycles origins of social organizations, the development of Robinson Crusoe economies and the conception of property or rightful ownership.

The Routledge Handbook of Heterodox Economics presents a comprehensive overview of the latest work on economic theory and policy from a ‘pluralistic'heterodox perspective. Contributions throughout the Handbook explore different theoretical perspectives including: Marxian-radical political economics; Post Keynesian-Sraffian economics; institutionalist-evolutionary economics; feminist economics; social economics; Régulation theory; the Social Structure of Accumulation approach; and ecological economics. They explain the structural properties and dynamics of capitalism, as well as propose economic and social policies for the benefit of the majority of the population. This book aims, firstly, to provide realistic and coherent theoretical frameworks to understand the capitalist economy in a constructive and forward-looking manner. Secondly, it delineates the future directions, as well as the current state, of heterodox economics, and then provides both ‘heat and light'on controversial issues, drawing out the commonalities and differences among different heterodox economic approaches. The volume also envisions transformative economic and social policies for the majority of the population and explains why economics is, and should be treated as, a social science.This Handbook will be of compelling interest to those, including students, who wish to learn about alternative economic theories and policies that are rarely found in conventional economics textbooks or discussed in the mainstream media, and to critical economists and other social scientists who are concerned with analyzing pressing socio-economic issues.

This book contains commentaries from the series'Klassiker der Nationalökonomie'(classics of economics), which have been translated into English for the first time. This selection focuses on neglected, but notable writers in a deserted sub-discipline, localising the beginning of economic science not with Adam Smith, but with the moral question of usury and the good life in Antiquity. Bertram Schefold's choice of authors for the'Klassiker'series, which he has edited since 1991, and his comments on the various re-edited works are proof of his highly original and thought-provoking interpretation of the history of economic thought (HET).This volume is an important contribution to HET not only because it delivers original and fresh insights about such well-known figures as Aristotle, Jevons or Wicksell, but also because it deals with authors and ideas who have been forgotten or neglected in the previous literature. In this regard Schefold's book could prove to be seminal for the field of the history of economic thought, for in the age of globalisation our usual restriction to the thinkers of Western Europe and the USA might eventually be overcome. This book will give the reader a far broader view of economics compared to that of the latest research. This volume is suitable for those who are interested in and study history of economic thought as well as economic theory and philosophy.

This volume represents the extension of Keynes'General Theory by a group of eminent economists. Each essay takes Keynes'work as a frame of reference for criticism, explorations and insights, whilst adding to the superstructure on the foundation of the General Theory. The essays also provide the necessary sense of perspective with a view to examining the Keynesian contribution to economic thought and also the limitations of Keynesian economics. The international contributors include:Dudley Dillard, Martin Bronfenbrenner, Mabel F. Timlin, William S. Vickrey, Don Patinkin, Howard R. Bowen, Gerald M. Meier, R.C.O. Matthews, Shinichi Ichimura, Anatol Murad, Lawrence R. Klein, Shigeto Tsuru, Paul P. Streeten, Lorie Tarshis and Franco Modigliani.

This book investigates the tensions between subjectivism and objectivism in the history of economics. The book looks at the works of Adam Smith, Carl Menger, Leon Walras, William Stanley Jevons, Oskar Morgenstern, Ludwig Mises, Piero Sraffa, and so on. The book highlights the diverse subjective and objective elements of their economic theories and suggests a reframing of methodology to better address the core problems of the theories. Contributors of the volume are leading members of the Japan Society of History of Economic Thought who have provided a comprehensive overview on the economics methodology and the related problems. Hence, this book will be of an invaluable asset to not only those who are interested in the history of economic thought, but also to scholars who are concerned with the methodological problems of economic science.

This book describes the important contributions of several contemporary economic figures including recent Nobel Laureates. Describing their work and putting it into an historical perspective, these chapters explain how their work constitutes a major contribution to the discipline of economics and how it has broadened economic science. Co-Editor of

First published in 2007. Written in 1954, this volume is a study into the history of doctrines and critical reviews, translated from the work of Professor Schumpeter into English from German.

Under the impressive editorship of Warren Samuels et al, this book addresses the state of the history of economic thought today. An important contribution to the study of the history of economics, this eagerly-awaited book will develop an unsurprisingly large following.

'The translation of these essays is a testimony to Professor Schumpeter's power in the analysis of economic thinking'The Financial Times.This classic book is divided into four sections. The first gives a broad survey of economic thought from the days of Aristotle to the beginnings of modern times, and the second traces the development of the conception of the circular flow of economic forces. The third and fourth sections cover the main theorems of the classical economists and describe the genesis of the school of marginal utility.

The construction and the role of the economic canon, the accepted list of great works and great authors, has been the subject of much recent literary and historical debate. By contrast, the concept of the canon has been largely dormant in the study of the history of economics, with the canonical sequence of Smith, Ricardo, Marx, etc. constituting t

First Published in 1998. This is Volume VII of eleven in the Economics and Society series. Translated from Swedish, the setting was the Swedish economic discussion in the late'twenties, the years preceding the crash on the New York Stock Exchange in September 1929 was a time of confidence in restored stability and progress. This book was planned as a frontal attack on the dogmas of the older generation and it was originally meant to be a popular exposition.

First Published in 1998. This is Volume V of an eleven volume library of Sociology on Economics and Society and includes the history of economic thought in its relation to social development and includes appendices on the problems found and the main literature used.