Great Economic Thinkers from the Classicals to the Moderns: Translations from the series Klassiker der Nationalökonomie (Routledge Studies in the History of Economics) - Hardcover
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Synopsis
This is the opus magnum of one of the world’s most renowned experts on the history of economic thought, Bertram Schefold. It contains commentaries from the series Klassiker der Nationalökonomie (Classics of Economics), which have been translated into English for the first time. Schefold’s choices of authors for this series, which he has edited since 1991, and his comments on the various re-edited works, are proof of his highly original and thought-provoking interpretation of the history of economic thought.
Together with a companion volume, Great Economic Thinkers from Antiquity to the Historical School: Translations from the series Klassiker der Nationalökonomie, this book is a collection of English translations with introductions by Bertram Schefold. The emphasis of this volume is on the theoretical debates, from the theory of value to imperfect completion; from money to the institutional framework of society; and from the history of economic thought to pioneering works in mathematical economics. This volume is an important contribution to the history of economic thought, not only because it delivers original and fresh insights about well-known figures, such as Marx, Stackelberg, Sraffa, Samuelson, Tooke, Hilferding, Schmoller and Chayanov, but also because it deals with ideas and authors who have been forgotten or neglected in previous literature.
This volume is of great interest to those who study the history of economic thought, economic theory and philosophy, as well as those who enjoyed the author’s previous volume, Great Economic Thinkers from Antiquity to the Historical School.
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About the Author
Bertram Schefold is Senior Professor at the Department of Economics, Goethe-Universität, Germany. He has published more than 40 books and 250 articles on economic theory, history of economic thought, energy policy and general economic policy. He edited the series Klassiker der Nationalökonomie.
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Great Economic Thinkers from the Classicals to the Moderns: Translations from the Series Klassiker der Nationalökonomie (Routledge Studies in the History of Economics)
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Routledge, 2017
ISBN 10: 1138119237
ISBN 13: 9781138119239
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Hardcover. Condition: Near Fine. 1st Edition. Hardcover, xiv + 448 pages, NOT ex-library. Mild external handling wear; sticker residue inside the rear board. Else clean and bright throughout with unmarked text, free of inscriptions and stamps, firmly bound. Issued without a dust jacket. -- This is the opus magnum of one of the world s most renowned experts on the history of economic thought, Bertram Schefold. It contains commentaries from the series Classics of Economics, which have been translated into English for the first time. Schefold's choices of authors for this series, which he has edited since 1991, and his comments on the various re-edited works, are proof of his highly original and thought-provoking interpretation of the history of economic thought. -- Contents: Introduction [Two schemes for ordering approaches to the history of economic thought; Institutionalism and ordoliberalism; Development of economic theory since Adam Smith: an ordering according to the theories of value and distribution]; 1 Classicals [John Locke: a philosopher dedicated to economic thought; Pamphlets from 1815: a shining moment for economic theory; Sismondi's Nouveaux Principes d'Economie Politique: classical liberalism, philanthropy, and the experience of history; Charles Babbage's On the Economy of Machinery and Manufactures; Karl Marx: the significance of the problem of the theory of the forms of value and the transformation of values into prices for capital; Karl Marx: circulation, productivity, and fixed capital]; 2 Monetary Theory [Thomas Tooke's An Inquiry into the Currency Principle and the theory of distribution; Walter Bagehot: political economist and publicist in the Victorian era; Rudolf Hilferding and the idea of an organised capitalism]; 3 Neoclassicals [William Stanley Jevons: the path to modern Utilitarianism; Francis Ysidro Edgeworth's Mathematical Psychics; Eugen von Böhm-Bawerk: discovery and error in the history of theories of interest; Eugen von Böhm-Bawerk's Positive Theory of Capital; Irving Fisher's The Nature of Capital and Income; Irving Fisher's determination of interest and long-term equilibrium; Vilfredo Pareto's Manual of Political Economy [Manuale di economia politica]; Increasing returns, competition, and growth; Antoine Augustin Cournot's An Inquiry into the Mathematical Principles of the Theory of Wealth [Recherches sur les principes mathématiques de la théorie des richesses]; Rudolf Auspitz and Richard Lieben: An Inquiry into Price Theory [Untersuchungen über die Theorie des Preises]]; 4 Institutionalism [Gustav von Schmoller as theoretician; In between Historical School and modern Institutionalism: J.R. Commons's Institutionalism; Johan Akerman's The Problem of a Socio-Economic Synthesis [Das Problem der sozialökonomischen Synthese]; Alexander W. Chayanov's The Theory of Peasant Economy]; 5 Moderns [Knut Wicksell's Interest and Prices [Geldzins und Güterpreise]; Heinrich von Stackelberg's concept of equilibrium: the search for evolutionarily stable market behaviour; Paul A. Samuelson's Foundations of Economic Analysis; John R. Hicks's Value and Capital; Alfred Müller-Armack's path: from interventionary state to the social market economy; Market, policy, and society in Wilhelm Röpke]; Appendix: The Series Klassiker der Nationalökonomie; References; Index. Seller Inventory # 012119
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