This book provides a concise history of economic thought for readers of all ages. While some basic economics knowledge would be helpful, it is not required. The book sets out to achieve three aims: to be interesting, entertaining, and thought-provoking. While the authors may appear opinionated in certain instances, this is intentionally done in order to alert readers to form their own views. History of ideas does not make the us smarter nor richer, but it can reduce our ignorance and the “banality of evil”—a term Hannah Arendt referred to people who lack self-reflection, “He did his duty...; he not only obeyed orders, he also obeyed the law.”

This book examines the history of economic thought and of political economy over the past 250 years. It presents an accessible introduction to the lives and ideas of some of economics' most prominent theoreticians, including at least one representative of each major school of economic thought. Additionally, learning objectives, summaries, key takeaways, and revision questions are included to facilitate learning and self-assessment. The concise nature of this book makes it an easy-to-use guide to the early pioneers of political economy (Smith, Ricardo, Marx, Walras), the 20th century innovators of economics (Keynes, Schumpeter, Hayek, Friedman, Solow), or the more recent research in the discipline (Nash, Sen, Stiglitz, Krugman). Those interested in the history of economic thought will find this book to be an invaluable resource.

This book examines at a static level how Adam Smith's The Wealth of Nations (1776) was introduced into China at the turn of the twentieth century. In a dynamic socio-economic context, Yan Fu (1854-1921) had The Wealth of Nations in mind as a prescription for China's "Wealth and Power". This book aims answer the question of whether The Wealth of Nations, a book which advocates laissez-faire, free trade, and minimum governance helpful for China with very different economic conditions and modes of thought to the West and goes on to reexamine Yan Fu's economic ideas through a modern economics perspective.

Volume 39A features a selection of essays presented at the 2019 Conference of the Latin American Society for the History of Economic Thought, edited by Felipe Almeida and Carlos Eduardo Suprinyak, as well as a new general-research essay by Daniel Kuehn, an archival discovery by Katia Caldari and Luca Fiorito, and a book review by John Hall.

This book provides a unique historical perspective on expectations in economic theory, and applications of expectations models in economic history. Based on papers presented at the 2017 Thomas Guggenheim Conference, it brings together the work of economists, historians of economics, and economic historians on issues and events concerning expectations in economics and economic history. The contributions address: (i) the history of expectations models; (ii) growth, expectations and political economy; (iii) controversies regarding expectations methods and models; (iv) expectations in theory and reality; and (v) expectations in economic history. The book opens with a lecture by Thomas Guggenheim Prize winner Duncan Foley on the evolution of expectations in modern economic thought. The remaining content is divided into two parts, the first of which focuses on the utilization of expectations in the “ancient” and “meso” periods of high theory, i.e., from Smithian to Keynesian approaches. The papers cover topics such as “modern” applications of expectations in both “Tobinesque-Phillips” and “Harrodian-Solowian” contexts, and the debate between Friedmanite and Keynesian approaches to expectation formation. In turn, the last part presents essays on the role of economic expectations in connection with historical events and contexts, ranging from the early 20th century to World War II, and on the application of expectations theory to hyperinflation and stabilization, taking Israel as a case study.

An essential origin story of modern society’s most influential economic doctrine. The Chicago School of economic thought has been subject to endless generalizations—and mischaracterizations—in contemporary debate. What is often portrayed as a monolithic obsession with markets is, in fact, a nuanced set of economic theories born from decades of research and debate. The Monetarists is a deeply researched history of the monetary policies—and personalities—that codified the Chicago School of monetary thought from the 1930s through the 1960s. These policies can be characterized broadly as monetarism: the belief that prices and interest rates can be kept stable by controlling the amount of money in circulation. As economist George S. Tavlas makes clear, these ideas were more than just the legacy of Milton Friedman; they were a tradition in theory brought forth by a crucible of minds and debates throughout campus. Through unprecedented mining of archival material, The Monetarists offers the first complete history of one of the twentieth century’s most formative intellectual periods and places. It promises to elevate our understanding of this doctrine and its origins for generations to come.

This book explores the life and work of Nicholas Kaldor, examining the influences that shaped and inspired his writings, and looks in detail at the crucial part he played in twentieth-century economics. Offering a comprehensive intellectual portrait of Kaldor, this book explains this great economist's importance in his own time and in ours.

The most influential and controversial economist of the twentieth century, John Maynard Keynes was the leading founder of modern macroeconomics, and was also an important historical figure as a critic of the Versailles Peace Treaty after World War I and an architect of the Bretton Woods international monetary system after World War II. This comprehensive Companion elucidates his contributions, his significance, his historical context and his continuing legacy.

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.

This book is about the neglect of gender and race in explanations of the Global Financial Crisis. It is also about the sexual scandals and gendered austerity policies that have relegated public debate, and the crisis itself. We need to look at the activities and the privileges of the advantaged - the "TED women" of the crisis -- as much as the victimization of the disadvantaged - to fully grasp the interplay between gender and economy in this age of restoration.