A MODERN GUIDE TO ECONOMIC THOUGHT: An Introduction to Comparative Schools of Thought in Economics - Hardcover

Hardcover

ISBN 10: 1852783230 ISBN 13: 9781852783235

Publisher: Edward Elgar Publishing, 1996

Synopsis

This book provides a comprehensive introduction to the main schools of contemporary economic thought, presenting the current state of each school in its own terms, indicating its raison d'etre, why each school thinks as it does and the questions to which it is trying to find answers. There is an introductory chapter on the philosophy and methodology of economics and separate chapters on the Austrian, Neoclassical, Chicago, Keynesian, Post Keynesian, Institutionalist/Evolutionary and Radical/Marxian schools each written by an economist with specialist knowledge of the particular school. The book explains in straightforward terms the ideologies, methodological practices, issues, assumptions, evidence and conclusions in a positive and constructive way. It concludes that there can be no single, definitive approach to the study of economics and that the schools of thought should be seen as complementary to each other. Summaries of each school are provided to allow readers to establish the principal features of each school.

About this title

About the Author

Edited by Douglas Mair, former Professor of Economics and Anne G. Miller, Formerly Lecturer in Economics, Heriot-Watt University, UK

Review

`. . . an essential purchase for libraries and a most highly recommended book for all undergraduate economists and their teachers.' -- Peter J. Reynolds, British Review of Economic Issues `The editors and their authors have succeeded in providing a useful survey of modern economic thought. . . .' -- Lafayette G. Harter, Jr., Journal of Economic Issues `. . . this is a stimulating book, which deserves to be recommended to students.' -- Anthony Brewer, Manchester School `The content more than amply justifies the title of this excellent collection of articles by respective authorities in the areas of modern economic thought. The presentation is lucid, exact, to the purpose and without undue oversimplification.' -- Choice `The editors and co-authors of A Modern Guide to Economic Thought are to be congratulated in producing a thought-provoking survey of the current state of economic analysis. I am sure it will very quickly become recommended reading on a wide variety of courses for both specialists and non specialists in economics.' -- Brian Snowdon, Review of Political Economy

Edition details

• Publisher: Edward Elgar Publishing
• Publication date: 1996
• ISBN 10: 1852783230
• ISBN 13: 9781852783235
• Binding: Hardcover
• Language: English
• Number of pages: 304
• Editor: Mair Douglas, Miller Anne G.