An Outline of the History of Economic Thought
Book description
This book provides a comprehensive and analytical overview of the development of economic theory from its beginnings, at the end of the Middle Ages, up to contemporary contributions. Traditional theories are presented as living matter, and modern theories are presented as part of a historical process and not as established…
Why read it?
1 author picked An Outline of the History of Economic Thought as one of their favorite books. Why do they recommend it?
I enjoyed reading this book as it provided a deep, and engaging overview of economic theory.
The authors manage to strike a balance between providing a high-level theoretical discussion and making the content accessible to a wider audience. One thing that stood out to me was the authors' emphasis on the diversity of the various schools of economic thought.
In their work, they avoid the common pitfall of suggesting that the history of Economics has “ended”, and instead observe the evolution of economic theory over time. Also, I appreciate the fact that they do not believe that theories in fashion…
From Panayotis' list on the evolution of economics.
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