Download or read book Competing Schools of Economic Thought written by Lefteris Tsoulfidis and published by Springer Science & Business Media. This book was released on 2010-06-29 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: 1. 1 Introduction This book was born out of our reaction to the way in which the usual texts cover the subject of the history of economic thought. In most of these texts, there is a tendency to emphasize the similarities and differences between all the important economists and form a repository of encyclopedic knowledge where one can study the seemingly important economic ideas. In this book, we argue that it is much more fruitful to focus on the essential ideas of each and every school of economic thought and relate them to present-day problems, than to engage into a sterile discussion of the ideas and the lives of the great economists of the past. Thus, although this book deals with the history of economic thought, it does not necessarily follow a historic (in the sense of the order of presentation) approach, but rather a logical one, that is to say it deals with the social conditions associated with the emergence of a school of economic thought, its evolution, and its contemporary in?uence. One cannot write a book on the history of economic thought without writing separate chapters on the major economists of the past, that is, Adam Smith, David Ricardo, Karl Marx, and J. M. Keynes. Of course these economists formed schools of economic thought, that is, the classical and the Keynesian.
Download or read book Competing Schools of Economic Thought written by Lefteris Tsoulfidis and published by Springer Nature. This book was released on with total page 481 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Thought Schools written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2023-12-23 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is Economic Thought Schools A school of economic thought is a collection of economists who have shared or shared a common perspective on the way economies function. This school of thought has its roots in the history of economic theory. Although there are instances when economists do not fit into specific schools of thinking, particularly in modern times, it is customary practice to categorize economists according to their schools of thought. There are three distinct phases that can be loosely distinguished in terms of economic thought: premodern, early modern, and modern. Since the beginning of what is known as the modern era, systematic economic theory has been developed to a significant extent. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Schools of economic thought Chapter 2: Neoclassical economics Chapter 3: General equilibrium theory Chapter 4: Index of economics articles Chapter 5: Business cycle Chapter 6: Classical economics Chapter 7: Economic efficiency Chapter 8: Heterodox economics Chapter 9: Lange model Chapter 10: Mainstream economics Chapter 11: Neoclassical synthesis Chapter 12: New classical macroeconomics Chapter 13: Economic ideology Chapter 14: Keynesian Revolution Chapter 15: History of macroeconomic thought Chapter 16: Anwar Shaikh (economist) Chapter 17: Perspectives on capitalism by school of thought Chapter 18: New neoclassical synthesis Chapter 19: Disequilibrium macroeconomics Chapter 20: Marxian economics Chapter 21: Marxism and Keynesian economics (II) Answering the public top questions about economic thought schools. (III) Real world examples for the usage of economic thought schools in many fields. (IV) Rich glossary featuring over 1200 terms to unlock a comprehensive understanding of economic thought schools. (eBook only). Who will benefit Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of economic thought schools.
Download or read book Capitalism written by Anwar Shaikh and published by Oxford University Press. This book was released on 2016-01-15 with total page 1019 pages. Available in PDF, EPUB and Kindle. Book excerpt: Orthodox economics operates within a hypothesized world of perfect competition in which perfect consumers and firms act to bring about supposedly optimal outcomes. The discrepancies between this model and the reality it claims to address are then attributed to particular imperfections in reality itself. Most heterodox economists seize on this fact and insist that the world is characterized by imperfect competition. But this only ties them to the notion of perfect competition, which remains as their point of departure and base of comparison. There is no imperfection without perfection. In Capitalism, Anwar Shaikh takes a different approach. He demonstrates that most of the central propositions of economic analysis can be derived without any reference to standard devices such as hyperrationality, optimization, perfect competition, perfect information, representative agents, or so-called rational expectations. This perspective allows him to look afresh at virtually all the elements of economic analysis: the laws of demand and supply, the determination of wage and profit rates, technological change, relative prices, interest rates, bond and equity prices, exchange rates, terms and balance of trade, growth, unemployment, inflation, and long booms culminating in recurrent general crises. In every case, Shaikh's innovative theory is applied to modern empirical patterns and contrasted with neoclassical, Keynesian, and Post-Keynesian approaches to the same issues. Shaikh's object of analysis is the economics of capitalism, and he explores the subject in this expansive light. This is how the classical economists, as well as Keynes and Kalecki, approached the issue. Anyone interested in capitalism and economics in general can gain a wealth of knowledge from this ground-breaking text.
Download or read book Seven Schools of Macroeconomic Thought written by Edmund S. Phelps and published by Clarendon Press. This book was released on 1990-05-17 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers an excellent survey of various macroeconomic topics which feature prominently in the research agenda and have inspired both theoretical and policy debate. The book presents an authoritative and comprehensive summary and original critique of modern macroeconomic approaches by a scholar whose own contribution to the field is considerable. In each of his seven chapters, the author reviews one school of economic thought. These are: the Keynesian school of macroeconomics; the monetarist school; the New Classical school; the New-Keynesian school; supply side macroeconomics, and `non-monetary' models of macroeconomics - the real business cycle theory and the `structuralist school' which views changes in unemployment as the outcome of shifts in the structural characteristics of the economy. The book is the text of the first series of Ryde Lectures, established by Lund University in Sweden.
Download or read book Schools and Streams of Economic Thought written by Edmund Whittaker and published by . This book was released on 2012-10-01 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Origins of Development Economics written by Jomo Kwame Sundaram and published by Zed Books. This book was released on 2005-09 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: A history of the emergence of development economics as a distinct sub-discipline.
Download or read book Schools and Streams of Economic Thought Classic Reprint written by Edmund Whittaker and published by Forgotten Books. This book was released on 2017-10-30 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Schools and Streams of Economic Thought For the most part, the writers whose works are studied are allowed to tell their own stories in short quotations from their works, when these are available in English and such a practice can be followed without disturbing the narrative or using too much space. Where quotations are made, references ordinarily are given to the editions used. Use has sometimes depended on convenience, but in most in stances the sources are available in the larger libraries. Where there are a number of editions of the same book and it seems appropriate, references are made to chapters and sections rather than to pages of particular editions. With one exception (in a papal encyclical), the King James version has been used for Bible quotations. The book has been prepared on the assumption that few of its readers are likely to want to check authorities which are unavailable to them except in foreign languages but that many may desire to do so when only English is involved. This may be an unscholarly view to take, but it is a realistic one. References are given accordingly. Names have been given in full when a writer is first mentioned in an important connection. It is unsatisfactory to be able only to refer to a person as this or that because one is unaware of what the initials represent. Where, as sometimes with French writers, there are too many given names for this practice to seem reasonable, one or more of these names are omitted, as may appear appropriate. British peers are given their correct titles. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Download or read book The German Historical School and European Economic Thought written by José Luís Cardoso and published by Routledge. This book was released on 2015-10-30 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: The financial crisis of 2008 has revived interest in economic scholarship from a historical perspective. The most in depth studies of the relationship between economics and history can be found in the work of the so-called German Historical School (GHS). The influence of the GHS in the USA and Britain has been well documented, but far less has been written on the rest of Europe. This volume studies the interconnection between economic thought and economic policy from the mid-nineteenth century to the interwar period. It examines how the School’s ideas spread and was interpreted in different European countries between 1850 and 1930, analysing its legacies in these countries. In doing so, the book is able to trace the interconnection between economic thought and economic policy, adding new voices to the debate on the diffusion of ideas and flow of knowledge. This book identifies issues related to topics such as nationalism and cosmopolitanism in the history of ideas and clarifies themes in policy making that are still currently debated. These include monetary policy and benefits of free trade for all parties involved in international exchanges. This book will be of a great interest to those who study history of economic thought, economic theory and political economy.
Download or read book Teaching the History of Economic Thought written by Daniela Tavasci and published by Edward Elgar Publishing. This book was released on 2018-04-28 with total page 157 pages. Available in PDF, EPUB and Kindle. Book excerpt: Stemming from the idea that economics is a social science that tends to forget its own history, this refreshing book reflects on the role of teaching with historical perspectives. It offers novel ways of integrating the history of economics into the curriculum, both in history of economic thought modules and in other sub-disciplines. Coming from a wide diversity of experiences, the chapters share the idea that studying the history of thought exposes students to pluralism and is therefore an essential pedagogical tool.
Download or read book A Modern Guide to Economic Thought written by Douglas Mair and published by Edward Elgar Pub. This book was released on 1991-01 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive introduction to the main schools of contemporary economic thought, presenting the current state of each school in its own terms, indicating its raison d'être, why each school thinks as it does and the questions to which it is trying to find answers. There is an introductory chapter on the philosophy and methodology of economics and separate chapters on the Austrian, neo-Classical, Chicago, Keynesian, post-Keynesian, Institutionalist/Evolutionary and Radical/Martian schools each written by an economist with specialist knowledge of the particular school. the book explains in straight-forward terms the ideologies, methodological practices, issues, assumptions, evidence and conclusions in a positive and constructive way. Summaries are provided to allow readers to establish the principal features of each school.
Download or read book The Evolution of Economic Thought written by Stanley L. Brue and published by Thomson South-Western. This book was released on 2013 with total page 580 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook presents the history of economics and the philosophies that drive the economic way of thinking. It explains the ideas of the great economic thinkers and their logical connections to the world of today and tomorrow.
Download or read book Economic Thought History written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-02-12 with total page 487 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is Economic Thought History The history of economic thought is the study of the philosophies of the different thinkers and theories in the subjects that later became political economy and economics, from the ancient world to the present day in the 21st century. This field encompasses many disparate schools of economic thought. Ancient Greek writers such as the philosopher Aristotle examined ideas about the art of wealth acquisition, and questioned whether property is best left in private or public hands. In the Middle Ages, Thomas Aquinas argued that it was a moral obligation of businesses to sell goods at a just price. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: History of economic thought Chapter 2: Economics Chapter 3: Keynesian economics Chapter 4: Macroeconomics Chapter 5: Post-Keynesian economics Chapter 6: Nicholas Kaldor Chapter 7: John Hicks Chapter 8: Classical economics Chapter 9: The General Theory of Employment, Interest and Money Chapter 10: Say's law Chapter 11: Quantity theory of money Chapter 12: Knut Wicksell Chapter 13: Edmund Phelps Chapter 14: Schools of economic thought Chapter 15: Neoclassical synthesis Chapter 16: Ancient economic thought Chapter 17: Keynesian Revolution Chapter 18: History of macroeconomic thought Chapter 19: Perspectives on capitalism by school of thought Chapter 20: Chartalism Chapter 21: Marxian economics (II) Answering the public top questions about economic thought history. (III) Real world examples for the usage of economic thought history in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Economic Thought History.
Download or read book Contending Economic Theories written by Richard D. Wolff and published by MIT Press. This book was released on 2012-09-07 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: A systematic comparison of the 3 major economic theories—neoclassical, Keynesian, and Marxian—showing how they differ and why these differences matter in shaping economic theory and practice. Contending Economic Theories offers a unique comparative treatment of the three main theories in economics as it is taught today: neoclassical, Keynesian, and Marxian. Each is developed and discussed in its own chapter, yet also differentiated from and compared to the other two theories. The authors identify each theory's starting point, its goals and foci, and its internal logic. They connect their comparative theory analysis to the larger policy issues that divide the rival camps of theorists around such central issues as the role government should play in the economy and the class structure of production, stressing the different analytical, policy, and social decisions that flow from each theory's conceptualization of economics. Building on their earlier book Economics: Marxian versus Neoclassical, the authors offer an expanded treatment of Keynesian economics and a comprehensive introduction to Marxian economics, including its class analysis of society. Beyond providing a systematic explanation of the logic and structure of standard neoclassical theory, they analyze recent extensions and developments of that theory around such topics as market imperfections, information economics, new theories of equilibrium, and behavioral economics, considering whether these advances represent new paradigms or merely adjustments to the standard theory. They also explain why economic reasoning has varied among these three approaches throughout the twentieth century, and why this variation continues today—as neoclassical views give way to new Keynesian approaches in the wake of the economic collapse of 2008.
Download or read book A History of Economic Thought written by William J. Barber and published by Wesleyan University Press. This book was released on 2010-06-01 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: Study of the grand ideas in economics has a perpetual intellectual fascination in it’s own right. It can also have practical relevance, as the global economic downturn that began in 2007 reminds us. For several decades, the economics establishment had been dismissive of Keynesianism, arguing that the world had moved beyond the “depression economics” with which it dealt. Keynesian economics, however, has now staged a comeback as governments attempt to formulate policy responses to the Great Recession of the first decade of the twenty-first century. Many of the issues that faced economists in the past are still with us. The theories and methods of such men as Adam Smith, T. R. Malthus, David Ricardo, J.S. Mill, Karl Marx, Alfred Marshall, and J. M. Keynes are often relevant to us today—and we can always learn from their mistakes. In his stimulating analysis Professor Barber assesses the thought of a number of important economists both in terms of the issues of their day and in relation to modern economic thought. By concentrating on the greatest exponents he highlights the central properties of the four main schools of economic thought – classical, Marxian, neo-classical, and Keynesian – and shows that although each of these traditions is rooted in a different stage of economic development, they can all provide insights into the recurring problems of modern economics.
Download or read book A Modern Guide to Economic Thought written by Douglas Mair and published by Edward Elgar Publishing. This book was released on 1991 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study offers a comprehensive introduction to the main schools of contemporary economic thought, presents the current state of each school, indicating its raison d'etre, why each school thinks as it does and the questions to which it is trying to find answers.
Download or read book History of Economic Thought written by E. K. Hunt and published by Routledge. This book was released on 2015-01-28 with total page 604 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 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.
