Even a decade after the end of the 1914 1918 war, economic theory assumed that the world was tranquil and orderly. By 1939 an economic slump without parallel, allied to the re-emergence of military ambition in Europe, had brought economic theorists face to face with reality. In this classic book, first published in 1967, Professor Shackle provides a study, in exact and professional language, of the precise nature, structure, presuppositions, language and inter-relations of the theories which were formulated in these fourteen years - unparalleled in the whole history of economics except...
Even a decade after the end of the 1914 1918 war, economic theory assumed that the world was tranquil and orderly. By 1939 an economic slump without p...