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Why Is The Boom-And-Bust Cycle So Persistent? Why did economists fail to predict the economic meltdown that began in 2007--or to pull us out of the crisis more quickly? And how can we prevent future calamities?
Mainstream economics has no adequate answers for these pressing questions. To understand how we got here, and how we can ensure prosperity, we must turn to an alternative to the dominant approach: the Austrian School of economics. Veiyser...
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"Gianni Vaggi and Peter Groenewegen present a brief history of economic thought over three centuries. They sketch the history from the seventeenth century to the present day. Each chapter examines the key contributions of a major economist, or group of economists, and concludes with brief suggestions for further reading. The economists covered include Keynes, Marshall, Petty and Jevons, as well as less familiar theorists such as Galiani and Turgot."--Jacket....
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In this intriguing volume, Robert Heilbroner delves into the actual writings of the economists who stride through the pages of his classic work The Worldly Philosophers. In his own words, Heilbroner serves as docent to the master works that he has culled from the history of economic thought. In that role, he takes the reader through the core arguments of works often referred to, but seldom read other than by scholars. The works introduced here range...
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The author examines the development of economics from ancient Greece to the modern welfare state, arguing that its "history cannot be understood apart from the circumstances that shaped the economic beliefs of the time, including the powerful influences that bent those beliefs to what best served the financial advantage of those who espoused them."
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This is the fifth edition, newly revised for the 1980s, of the most celebrated and popular account of economics ever written. This is a book about a handful of men with a curious claim to fame. By all the rules of schoolboy history books, they were nonentities: they commanded no armies, sent no men to their deaths, ruled no empires, took little part in history-making decisions.
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The epic story of the making of modern economics, and of how economics rescued mankind from squalor and deprivation by placing its material fate in its own hands rather than in fate. Nasar's account begins with Charles Dickens and Henry Mayhew observing the condition of the poor majority in mid-nineteenth-century London, the richest place in the world. She describes the often heroic efforts of Marx and others to put those insights into action, with...
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