2nd Edition

The History of Economic Thought A Reader; Second Edition

Edited By Steven G Medema, Warren J. Samuels Copyright 2013
784 Pages 68 B/W Illustrations
by Routledge

784 Pages 68 B/W Illustrations
by Routledge

784 Pages 68 B/W Illustrations
by Routledge

From the ancients to the moderns, questions of economic theory and policy have been an important part of intellectual and public debate, engaging the attention of some of history’s greatest minds. This book brings together readings from more than two thousand years of writings on economic subjects. Through these selections, the reader can see first-hand how the great minds of past grappled with... Read more

Preface  I. Pre-Classical Thought  1. Introduction  2. Aristotle, Politics and Ethics (300s B.C.)  3. St. Thomas Aquinas, Summa Theologica (1267-73)  4. Thomas Mun, England’s Treasure by Foreign Trade (1664)  5. Sir William Petty, A Treatise of Taxes and Contributions (1662)  6. John Locke, Two Treatises of Government (1690) and Some Considerations of the Consequences of the Lowering of Interest, and Raising the Value of Money (1691)  7. Richard Cantillon, Essai sur la Nature du Commerce en Generale (1755)  8. Francois Quesnay, Tableau Economique (1758)  9. Anne Robert Jacques Turgot, Reflections on the Formation and Distribution of Wealth (1770)  10. Bernard Mandeville, Fable of the Bees (1732)  II. The Classical School  10. Introduction  11. David Hume, Political Discourses (on money, interest, and the balance of trade) (1752)  12. Adam Smith, Wealth of Nations (1776)  13. Jeremy Bentham, An Introduction to the Principles of Morals and Legislation (1789), Manual of Political Economy (1795), Anarchical Fallacies (1795), Principles of the Civil Code (1802)  14. Thomas Malthus, Essay on Population (1798)  15. Henry Thornton, Paper Credit (1802)  16. David Ricardo, The High Price of Bullion (1810)  17. Jean Baptiste Say, A Treatise on Political Economy (1803)  18. David Ricardo, Principles of Political Economy and Taxation (1817)  19. Thomas Malthus, Principles of Political Economy (1820)  20. James Mill, Elements of Political Economy (1821)  21. Nassau Senior, An Outline of Political Economy (1836)  21. J.S. Mill, Principles of Political Economy (1848)  III. The Marxian Challenge  22. Introduction  23. Karl Marx, Critique of Political Economy (1859), Capital (1867)  IV. The Marginal Revolution  24. Introduction  25. William Stanley Jevons, Theory of Political Economy (1871)  26. Carl Menger, Principles of Economics (1871)  27. Leon Walras, Elements of Pure Economics (1874)  28. F.Y. Edgeworth, Mathematical Psychics (1881)  29. Alfred Marshall, Principles of Economics (1890)  30. Eugen Böhm-Bawerk, The Positive Theory of Capital (1891)  V. The Development of Macroeconomics  31. Introduction  32. Knut Wicksell, "The Influence of the Rate of Interest on Prices" (1907)  33. Irving Fisher, The Rate of Interest (1907) and The Purchasing Power of Money (1911)  34. John Maynard Keynes, "The End of Laissez-Faire" (1926), "The General Theory of Employment" (1937), and The General Theory of Employment, Interest and Money (1936)  VI. Institutional Economics  35. Introduction  36. Thorstein Veblen, The Theory of the Leisure Class (1899)  37. John R. Commons, "Institutional Economics" (1931)  VII. Post-World-War II Economics  38. Milton Friedman, "The Methodology of Positive Economics" (1953)  39. Paul A. Samuelson, "The Pure Theory of Public Expenditure" (1954) and "Diagrammatic Exposition of a Pure Theory of Public Expenditure" (1955)  40. A.W.H. Phillips, "The Relation Between Unemployment and the Rate of Change of Money Wages in the United Kingdom 1861-1957" (1958)  41. Milton Friedman, "The Role of Monetary Policy" (1968)

Biography

Steven G. Medema is a Professor of Economics at the University of Colorado at Denver. He is also Editor of Historians of Economics and Economic Thought and Economics Broadly Considered also published by Routledge.

Warren J. Samuels was Professor Emeritus of Economics at Michigan State University, USA. He was the author of a host of classic books on the history of economic thought including The Classical Theory of Economic Policy and Pareto on Policy. He died in August 2011.