Featuring original contributions from some of the leading contemporary figures in the history of economic thought, this book offers new perspectives on key topics, from Smith's Wealth of Nations to the Jevonian Revolution. Drawing inspiration from the life and work of R.D.C. Black, formerly Professor of Economics at Queen's University Belfast, this book will be of essential interest to any serious scholar of economic thought.
Featuring original contributions from some of the leading contemporary figures in the history of economic thought, this book offers new perspectives o...
The impressive young scholar Bert Mosselmans, analyzing the theory and policy of Jevons, a major figure in the field of the history of economics, has put together a volume with broad international appeal, particularly in Europe, North America and Japan, that offers a synthetic approach to Jevons' economic theory, applied economics and economic policy.
Adopting a relativist approach to his subject, Mosselmans focuses on all aspects of Jevons' theory, tying the different strands together where appropriate and discriminating where necessary. Examining the relation between theory and...
The impressive young scholar Bert Mosselmans, analyzing the theory and policy of Jevons, a major figure in the field of the history of economics, h...
Achille Nicolas Isnard (1749-1803) an engineer with a keen interest in political economy, is best known for demonstrating the concept of market equilibrium using a system of simultaneous equations. The breadth and depth of his work undoubtedly established him as one of the forerunners of modern mathematical economics, yet his seminal contributions to the study of economics remained largely unrecognized until the latter half of the twentieth century.
This pioneering new book, the first in English, examines Isnard s life and illuminates his major contributions to political...
Achille Nicolas Isnard (1749-1803) an engineer with a keen interest in political economy, is best known for demonstrating the concept of market equ...
In contemporary non-mainstream economic debate, it is widely thought that the functioning of a market economy needs a set of rules (i.e. institutions) which bind agents in their behaviour, allowing efficient outcomes. This idea is contrary to the General Equilibrium Model (GEM) where markets are pictured as working in an institutional vacuum and where social and historical variables play no role. However, in more recent times, a large group of economists have begun to insert social and moral variables into standard models based on the rational choice paradigm, following the increasing...
In contemporary non-mainstream economic debate, it is widely thought that the functioning of a market economy needs a set of rules (i.e. institutio...
Milton Friedman and George J. Stigler shaped economics as we know it today - their Chicago School laid the groundwork for much of the neoclassical tradition in economic analysis. This book brings together a collection of letters from these two Noble laureates from the post-war years, containing new information about their personal and professional relationships, and also illuminating the development of ideas which are now fundamental to economic theory.
The book, expertly edited by Dan and Claire Hammond, contains an introductory chapter, chronologies for Friedman and...
Milton Friedman and George J. Stigler shaped economics as we know it today - their Chicago School laid the groundwork for much of the neoclassical ...
William Stanley Jevons occupies a pivotal position in the history of economic thought, spanning the transition from classical to neo-classical economics and playing a key role in the Marginal Revolution. The breadth of Jevons's work is examined here, including a detailed consideration of a wide range of his work-policy, theoretical, methodological, applied and empirical. It relies on textual exegis, and takes account of a wide range of secondary sources. The text emphasises the link between poverty and economics, and focuses on the nature and meaning of rationality in Jevonian economics.
William Stanley Jevons occupies a pivotal position in the history of economic thought, spanning the transition from classical to neo-classical economi...