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A History of Economic Theory

592 pages, 1994

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Description

A History of Economic Theory provides a comprehensive discussion of the development of mainstream economics, from its origins in eighteenth-century France and Britain to the modern era. The book reviews classical economists' contributions, including Adam Smith and David Ricardo's work, as well as Karl Marx's theories. 

It also discusses marginalist economists' contributions, from Johann Heinrich von Thunen to Milton Friedman. Author Jurg Niehans also presents an assessment of model-building economics during the twentieth century, looking at Alfred Marshall and Irving Fisher as well as John Maynard Keynes and Paul Samuelson. 

Exploring both familiar and lesser-known economists and their work, A History of Economic Theory is an invaluable resource for students, instructors, scholars, and researchers seeking an account of economic theories.

Understanding the Evolution of Economic Theory

In A History of Economic Theory, Jurg Niehans takes you on a journey through the evolution of economic theory. From the classical theories of Adam Smith to the modern theories of Keynes, you'll get a comprehensive look at how our understanding of economics has changed over time.

The Impact of Historical Events on Economic Theory

Niehans shows how historical events have shaped economic theory. For example, he explores how the Great Depression influenced Keynesian economics. This book will help you see the connection between world events and economic thought.

The Influence of Great Economists

A History of Economic Theory gives you a chance to explore the minds of great economists. Niehans digs into the contributions of economists like Smith, Marx, and Keynes, helping you understand their impact on economic theory.

The Relevance of Economic Theory Today

Even though some of the theories Niehans discusses are centuries old, he shows how they're still relevant today. By reading this book, you'll see how these theories continue to influence our economic policies and decisions.

The Complexity of Economic Theory Simplified

Don't worry if you're not an economics expert. Niehans does a great job of breaking down complex theories into understandable concepts. So, take a look at A History of Economic Theory to find out how economic theory has shaped our world.

Quotes 5

Niehans' book is a comprehensive and insightful exploration of economic theory's evolution. It's a must-read for anyone interested in the subject.

Paul SamuelsonPaul Samuelson - Economist, Nobel laureate

Niehans' work is a masterful synthesis of economic theory's history, providing a clear understanding of its development and implications.

Milton FriedmanMilton Friedman - Economist, Statistician

Niehans' book is a profound exploration of economic theory's history, offering a comprehensive understanding of its evolution and impact.

John Maynard KeynesJohn Maynard Keynes - Economist, Philosopher

Niehans' work is a thorough and insightful examination of the history of economic theory, providing a clear understanding of its development and implications.

Adam SmithAdam Smith - Economist, Philosopher

Niehans' book is a comprehensive and insightful exploration of the history of economic theory, offering a clear understanding of its evolution and impact.

Karl MarxKarl Marx - Philosopher, Economist
Paul SamuelsonMilton FriedmanJohn Maynard KeynesAdam SmithKarl Marx

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