A History of Economic Thought

  title={A History of Economic Thought},
  author={William J. Barber},
The theories and methods of such men as Adam Smith, Thomas Malthus, David Ricardo, J.S.Mill, Marx, Alfred Marshall and Keynes are often relevant to us today. In his analysis, the author assesses the thought of a number of important economists both in terms of the issues of their day and in relation to modern economic thought. By concentrating on the greatest exponents he highlights the central properties of the four main schools of economic thought - classical, Marxian, neo-classical and… 
  • M. Boianovsky
  • Economics, History
    Journal of the History of Economic Thought
  • 2019
The paper shows how William Barber’s background as a development economist influenced his research agenda in the history of economic thought, in terms of the questions he asked and the way he
Interpreting the market: The ethics of credit and community relations in early modern England
In the Wealth of Nations, Adam Smith, with his famous passage about the self-interest of butchers, bakers and other tradesmen, asserted that men entered the market place to buy and sell
Polanyi, Hayek and embedded neoliberalism
ABSTRACT Written originally on the seventieth anniversary of the publication of Friedrich von Hayek’s The Road to Serfdom and Karl Polanyi’s The Great Transformation, this article critically analyses
  • R. Dimand
  • Economics, History
    Journal of the History of Economic Thought
  • 2019
The eminent scholar William J. Barber made three great contributions to the history of American economic thought: on the institutionalization of political economy in US universities in the nineteenth
  • William Dixon
  • History
    Journal of the History of Economic Thought
  • 2008
David Ricardo had a vision of social order achieved both through a fully operating free market and on the basis of an extension of the franchise to the working class. This was a vision that in many
The Paradox of Democratic Capitalism: Politics and Economics in American Thought
A truly interdisciplinary enterprise, The Paradox of Democratic Capitalism examines the interplay of ideas about politics, economics, and law in American society from the pre-revolutionary era to the
Kautilya: a forerunner of neoclassical price theory
Purpose - The purpose of this paper is to establish Kautilya as a genuine contender to be a forerunner of the neoclassical price theory. Design/methodology/approach - Rational reconstruction approach
Vampiric Enterprise: Metaphors of Economic Exploitation in the Literature and Culture of the Fin de Siecle
This thesis is about the complex network of metaphors that emerged around late nineteenth-century conceptions of economic self-interest — metaphors that dramatised the predatory, conflictual and
"A time of consequences" - global warming and the domist imperative for a new political economy
In his film and book “An Inconvenient Truth”, former US Vice-Presiden Al Gore talks of the world entering a “time of consequences” based upon the effects of global warming. The failure of existing


Economic Theory in Retrospect.
This is a history of economic thought from Adam Smith to John Maynard Keynes - but it is a history with a difference. Firstly, it is a history of economic theory, not of economic doctrines, that is,
The Development of Utility Theory. I
  • G. Stigler
  • Economics
    Journal of Political Economy
  • 1950
T HE history of economic thought can be studied with many purposes. One may trace the effects of contemporary economic and social conditions on economic theory orrather more bravely-the effects of
Adam Smith on the Division of Labour: Two Views or One?
Adam Smith's treatment of the division of labour has intrigued readers and commentators for many years. On the one hand it provided a masterful analysis of the gains from specialization and exchange
Professor Hayek and the Concertina-Effect
IT was more than ten years ago that Professor Hayek first fascinated the academic world of economists by a new theory of industrial fluctuations which in theoretical conception, and perhaps even more
The Stages of Economic Growth
This third edition of The Stages of Economic Growth, first published in 1991, has a new preface and appendix, Professor Rostow extends his analysis to include economic and political developments as
Socialism, Capitalism and Economic Growth
These essays were written in 1969 to mark the retirement of Maurice Dobb from the Readership in Economics an Cambridge University. The contributors are economists and historians from many parts of
An Essay on the Nature and Significance of Economic Science.
Lionel Robbins’s An Essay on the Nature and Significance of Economic Science (1932) made at least three important contributions: (1) constructing a more modern, focused, and general definition of
The Idea of a Mercantile State
The chief purpose of this paper is to formulate a question. What, to put the matter briefly, have we in mind when we talk of the mercantile state; and what functional value is possessed by our ideas
The Economic Articles in the Quarterly Review and Their Authors, 1809-52. I
  • F. Fetter
  • History, Economics
    Journal of Political Economy
  • 1958
IN 1809 a group of Tories, prominent among whom was Sir WValter Scott, started the Quarterly Review as an answer to the growing influence of the Edinburgh Review. The Edinburgh Review had been
The concept of the just price : theory and economic policy
In The concept view of many economists the just price is a nebulous concept invented by pious monks who knew nothing of business or economics and were blissfully unaware of market mechanisms. It is