On Classical Economics by Thomas Sowell

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Summary

Explores questions that shed light on the relation of classical economics to modern economics and to the history of ideas. This book lays a foundation with a general survey of the macroeconomics, microeconomics, social philosophy, and methodology of the classical economists.

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On Classical Economics by Thomas Sowell

The classical period in economics is an important chapter in intellectual history, yet the myths and stereotypes of later eras have clouded the picture of who the classical economists were and what exactly they proposed. This book critically examines the analysis and methods of this era in the development of economics. Along the way, Thomas Sowell explores broader questions that shed light on the relation of classical economics to modern economics and to the history of ideas in general. The book lays a foundation with a general survey of the macroeconomics, microeconomics, social philosophy, and methodology of the classical economists. Sowell then presents a searching examination of three economists who were partly within and partly outside the classical tradition: J. C. L. Simonde de Sismondi, a neglected pioneer in the development of equilibrium income theory; John Stuart Mill and his enigmatic role in the development of economics; and Karl Marx, the last major economist to write within the general classical framework. Sowell closes the book with reflections on the cultural matrix of economics and the significance of the contributions and controversies of the classical era.
Thomas Sowell is senior fellow at the Hoover Institution, Stanford University. He is the author of numerous books, including Affirmative Action Around the World, published by Yale University Press.
SKU Unavailable
ISBN 13 9780300113167
ISBN 10 0300113161
Title On Classical Economics
Author Thomas Sowell
Condition Unavailable
Binding Type Hardback
Publisher Yale University Press
Year published 2006-03-01
Number of pages 320
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.