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The Evolution of Economic Ideas (Modern Cambridge Economics Series)
 
 
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The Evolution of Economic Ideas (Modern Cambridge Economics Series) [Paperback]

Phyllis Deane
5.0 out of 5 stars  See all reviews (1 customer review)
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Product details

  • Paperback: 256 pages
  • Publisher: Cambridge University Press (5 Oct 1978)
  • Language English
  • ISBN-10: 0521293154
  • ISBN-13: 978-0521293150
  • Product Dimensions: 2.2 x 1.4 x 0.2 cm
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Bestsellers Rank: 346,485 in Books (See Top 100 in Books)
  • See Complete Table of Contents

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Phyllis Deane
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Product Description

Product Description

The failure of orthodox economic analysis to provide acceptable answers to the dominant contemporary policy problems has given rise to a widespread feeling of 'methodological crisis' in the discipline. Students find it increasingly hard to relate to a textbook-authenticated paradigm which seems to be in the process of disintegration. The object of this book is to put some of the current theoretical controversies into long term perspective by tracing their historical antecedents. A connected object is to interpret some of the doctrinal divisions in the modern debate by showing that they spring from profound disagreements about what economics is and what questions the economist ought to be trying to answer. It examines the way leading theorists have adapted their theories and concepts to major changes in the problem-situation facing policy makers. The book is in no sense exhaustive (either in the range of theories or in the selection of theorists discussed) but focuses particularly on changes in economists' views on the scope and methodology of economics and on the evolution of strategic ideas in the fields of value theory, monetary theory and growth theory. It raises questions of a socio-historical kind, such as: when did economics acquire a sufficently coherent and well-attested paradigm to rank as a distinct discipline? What were the distinguishing characteristics of successive paradigms for economics? How revolutionary were the changes attributable to periods of significant theoretical change? How can we explain the success or failure of alternative paradigms in gaining a hold over the minds of a majority of professional economists? All economists will find valuable insights in this book. For undergraduate students it is a compact and readable introduction to the history of economic thought.

Book Description

This book puts some of the current theoretical controversies into long term perspective by tracing their historical antecedents as well as interpreting some of the doctrinal divisions in the modern debate by showing that they spring from disagreements about what economics is and what questions the economist should be attempting to answer.

Inside This Book (Learn More)
First Sentence
Ideas have been developed about economics - economic concepts and theories that might seem familiar to the students of twentieth-century textbooks - longer probably than written records survive to attest. Read the first page
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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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Most Helpful Customer Reviews
By NazzyB
Format:Paperback
The book is a collection of relatively short but detailed tales in time concerning economic thoughts, key actors and social context that make the periodical recount the accessible, interesting and difficult-to-put-down book it is.

Around 220 pages (14 Chapters) of very informative content which is even accessible to someone with interests in any social science because of the vast reach economic issues have on wider society.

It will make you fascinated to uncover more about the history and progression of the subject.
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