History of Economic Thought: A Critical Perspective - Hardcover

Hunt, E.K.

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9788188817016: History of Economic Thought: A Critical Perspective

Hardcover

ISBN 10: 8188817015 ISBN 13: 9788188817016

Publisher: Shubhi Publications, 2004

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This book - now in its fifth edition - contains thoroughly revised chapters dealing with the ideas and writers of the first 200 years of the subject, and has incorporated any significant new material. The later sections dealing with the last 50 years or so have been much expanded and updated in the light of current developments relating particularly to controversies on economic policy. Most recent developments, such as the "new classical macroeconomics", including the theory of rational expectations, have also been taken into account.

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Synopsis:

"History of Economic Thought" is the definitive critical text for courses in the history of economic thought. The text integrates the history of economic thought into the overall historical context from which it emerged. Specifically, it shows how the appearance of new theories was virtually always the result of heated debates on practical, political, social, and moral issues. E.K. Hunt provides in-depth theoretical and empirical analysis of the history of economic thought from the enlightenment to the present day. The volume examines theories of capitalism and the social and economic conditions that gave rise to them. Hunt shows that nearly all developments in the history of economic thought were responses to particular problems and circumstances. He shows, clearly, that economics is not, and has never been, value-free. "History of Economic Thought" remains a major contribution to the literature.

About the Author:

Lord Roll was born in Austria and came to England in 1925. After a distinguished academic career he served in the Ministry of Food and the Treasury; in Whitehall, Washington and Paris. He was involved in Lend-Lease, the Marshall Plan, NATO, and the first Brussels negotiations. He ended his Civil Service career as Permanent Under-Secretary of State of the Department of Economic Affairs. Since 1966 he has been active in the City as an investment banker and is now President of the Warburg Group.

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