Economics Evolving by Agnar Sandmo

Economics Evolving by Agnar Sandmo

Regular price
Checking stock...
Regular price
Checking stock...
Summary

Describes the history of economic thought, focusing on the development of economic theory from Adam Smith's "Wealth of Nations" to the late twentieth century. This text examines how important economists have reflected on the sometimes conflicting goals of efficient resource use and socially acceptable income distribution.

The feel-good place to buy books
  • Free US shipping over $15
  • Buying preloved emits 41% less CO2 than new
  • Millions of affordable books
  • Give your books a new home - sell them back to us!

Economics Evolving by Agnar Sandmo

In clear, nontechnical language, this introductory textbook describes the history of economic thought, focusing on the development of economic theory from Adam Smith's Wealth of Nations to the late twentieth century. The text concentrates on the most important figures in the history of economics, from Smith, Thomas Robert Malthus, David Ricardo, John Stuart Mill, and Karl Marx in the classical period to John Maynard Keynes and the leading economists of the postwar era, such as John Hicks, Milton Friedman, and Paul Samuelson. It describes the development of theories concerning prices and markets, money and the price level, population and capital accumulation, and the choice between socialism and the market economy. The book examines how important economists have reflected on the sometimes conflicting goals of efficient resource use and socially acceptable income distribution. It also provides sketches of the lives and times of the major economists. Economics Evolving repeatedly shows how apparently simple ideas that are now taken for granted were at one time at the cutting edge of economics research. For example, the demand curve that today's students probably get to know during their first economics lecture was originally drawn by one of the most innovative theorists in the history of the subject. The book demonstrates not only how the study of economics has progressed over the course of its history, but also that it is still a developing science.
"Economics Evolving (excellent title) is an enjoyable and detailed presentation of the history of our professionThe focus is on the thoughts of individuals and, while schools of thought are broached, they are not central to the presentation. Historical background is presented and considered, but it is the development of economic thoughts that are at the heart of this analysis."--John J. Bethune, EH.Net "In non-technical language, he analyses how these great thinkers developed their theories, making for an essential guide to the great economic thinkers of the past 200-odd years."--Economist "Get a copy of Agnar Sandmo's book Economics Evolving."--Joseph E. Stiglitz @joestiglitz, Twitter "Taken as whole, this is one of those relatively rare books on economics that is both readable and thoughtful. It also fills a gap in the literature between primers written for non-economists and detailed (and sometimes arduous) histories of economic thought or its various subfields."--Cameron Gordon, Economic Record
Agnar Sandmo is professor emeritus of economics at the Norwegian School of Economics and Business Administration. He is the author of "The Public Economics of the Environment".
SKU Unavailable
ISBN 13 9780691148427
ISBN 10 0691148422
Title Economics Evolving
Author Agnar Sandmo
Condition Unavailable
Binding Type Paperback
Publisher Princeton University Press
Year published 2011-01-17
Number of pages 504
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.