The Making of Economics

The Making of Economics

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Approximately half of the book is devoted to the history of economic thought and the rest discusses modern economics and future trends. It is designed to bridge the gap between what economics has been and what it is becoming by providing students with a sense of the historical evolution behind current economic thought. This edition has been updated and revised with more emphasis on the future of economics and three new chapters - stagnation and the long wave, post-Keynesian economic policies and a summary chapter. This book should be of interest to students taking courses in the principles or history of economics at degree and diploma more

Product details

  • Paperback | 384 pages
  • 164 x 232 x 18mm | 399.16g
  • Cengage Learning, Inc
  • Wadsworth Publishing Co Inc
  • Belmont, CA, United States
  • English
  • Revised
  • 3rd Revised edition
  • 0534067867
  • 9780534067861

Table of contents

Values and economic systems. The nature of science and the economic paradigm. Adam Smith and the market economy. The industrial revolution and the other classicals. The "American Dream". Alfred Marshall and the USA Puritans. J. M. Keynes: the end of frugality. The bastard keynesians and the monetarists. The era of positive economic science. Paradigm lost: Karl Marx. The iconoclasts: Veblem and Galbraith. New radical economics: The left. Economic crises of the 1970s. New radical economics: the right. The post-keynesians. Stagnation and the long wave. Post-keynesian economic policies. A summing-up. more

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