Economic Thought: A Brief History

ISBN-13: 9780231172592 / Angielski / Miękka / 2017 / 224 str.

Heinz D. Kurz; Jeremiah Riemer

Opis

In this concise yet comprehensive history, Heinz D. Kurz traces the long arc of economic thought from its emergence in ancient Greece to its systematic presentation among the classical thinkers of the late eighteenth and early nineteenth centuries to the influential work of scholars such as Paul Samuelson and Kenneth J. Arrow. With a keen eye for how economic insights are acquired, lost, and reborn, Kurz focuses on the dynamic individuals who give old ideas new life and the historical events that provoke different approaches and theories.

Over the course of this journey, Kurz explains what Adam Smith meant by the "invisible hand"; how Karl Marx's "law of motion" works in capitalist economies; the roots of the Austrian economists' emphasis on the problems of information, incomplete knowledge, and uncertainty; John Maynard Keynes's principle of effective demand and economic stabilization; and the insights and challenges offered by growth theory, welfare economics, game theory, and more. He concludes with a deft summation of world economists' major concerns today and their critical relation to world events.

Recenzje

"An enjoyable and well-organized history that will attract many readers to this highly readable treatise on the 'dismal science." Amartya Sen, Harvard University

O autorze

Heinz D. Kurz ist Professor für Volkswirtschaftslehre an der Karl-Franzens-Universität Graz und Leiter des Graz Schumpeter Centre. Er hat zahlreiche Aufsätze und Bücher veröffentlicht, etliche darunter sind in mehrere Sprachen übersetzt worden. Er war Gastprofessor an zahlreichen Universitäten und ist Herausgeber zweier Fachzeitschriften.