The Role Of Government In The History Of Economic Thought
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The Role Of Government In The History Of Economic Thought
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Author : Steven G. Medema
language : en
Publisher: Annual Supplement to History o
Release Date : 2005
The Role Of Government In The History Of Economic Thought written by Steven G. Medema and has been published by Annual Supplement to History o this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Business & Economics categories.
The Role of Government in the History of Economic Thought examines a controversial area of economic analysis: the appropriate role of government within the economic system. If the first two-thirds of the twentieth century were dominated by the active involvement of economists in government policymaking, blurring the lines between the spheres of economics and politics, then the last several decades have witnessed something of a reversion to the classical economics of Adam Smith and John Stuart Mill. This volume offers a comprehensive and integrated history of the evolution of the relationship between governments and economies, examining the British classical tradition, the American progressive movement, and corporatist ideology.
Research In The History Of Economic Thought And Methodology
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Author : Marianne Johnson
language : en
Publisher: Emerald Group Publishing
Release Date : 2012-08-03
Research In The History Of Economic Thought And Methodology written by Marianne Johnson and has been published by Emerald Group Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-08-03 with Business & Economics categories.
Includes archival documents and essays exploring the inter-relationship between the government and the economy. This title examines the one-sided controversy generated by Rose Wilder Lane and V Orval Watts against a new generation of Keynes-influenced textbooks which focused on governmental policy and the scope of government activity.
The History Of Economic Thought
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Author : Steven G Medema
language : en
Publisher: Routledge
Release Date : 2013-05-29
The History Of Economic Thought written by Steven G Medema and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-05-29 with Business & Economics categories.
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 some of the central social and economic issues of their times and, in the process, enhanced our understanding of how economic systems function. This collection of readings covers the major themes that have preoccupied economic thinkers throughout the ages, including price determination and the underpinnings of the market system, monetary theory and policy, international trade and finance, income distribution, and the appropriate role for government within the economic system. These ideas unfold, develop, and change course over time at the hands of scholars such as Aristotle, St. Thomas Aquinas, John Locke, François Quesnay, David Hume, Adam Smith, Thomas Robert Malthus, David Ricardo, John Stuart Mill, Karl Marx, William Stanley Jevons, Alfred Marshall, Irving Fisher, Thorstein Veblen, John Maynard Keynes, Milton Friedman, and Paul Samuelson. Each reading has been selected with a view to both enlightening the reader as to the major contributions of the author in question and to giving the reader a broad view of the development of economic thought and analysis over time. This book will be useful for students, scholars, and lay people with an interest in the history of economic thought and the history of ideas generally.
Wisconsin Government And Business And The History Of Heterodox Economic Thought
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Author : Warren J. Samuels
language : en
Publisher: Elsevier
Release Date : 2004-02-18
Wisconsin Government And Business And The History Of Heterodox Economic Thought written by Warren J. Samuels and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-02-18 with Business & Economics categories.
Contains two groups of archival materials. One group includes lecture notes from courses given at the University of Wisconsin by Edwin E. Witte and Robert Lampman on the economic role of government. The second group includes papers from a conference on the history of 20th century heterodox economics.
Essays In The History Of Mainstream Political Economy
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Author : Warren J. Samuels
language : en
Publisher: Springer
Release Date : 2016-07-27
Essays In The History Of Mainstream Political Economy written by Warren J. Samuels and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-07-27 with Business & Economics categories.
This book is a collection of articles on schools, individuals and topics within the mainstream of the history of economic thought. The principal schools are the Physiocrats and the English Classical Economists. The principal individuals are Francois Quesnay, Adam Smith, Thomas Malthus, Francis Y. Edgeworth, Friedrich von Wieser, Frank W. Taussig, and William H. Hutt. The principal topics include the economic role of government, power, the psychology of economics, and the early history of macroeconomics.
A Brief History Of Economic Thought
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Author : Hassan Bougrine
language : en
Publisher: Edward Elgar Publishing
Release Date : 2022-07-28
A Brief History Of Economic Thought written by Hassan Bougrine and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-07-28 with categories.
It is now widely acknowledged that history is useful, even essential, because it helps us predict the future. The history of ideas in economics, as in other fields of inquiry, plays an important role in enlightening current researchers as they endeavour to understand contemporary events and anticipate the future of human societies. This book brings together a fine collection of chapters that span contributions from forgotten classics to the most recent new thinking about critical issues such as growth, wealth, its creation and its distribution among members of society. It is A Brief History of Economic Thought, but it will certainly go a long way in helping undergraduate students and other researchers who are curious about the evolution of economic ideas over the last five centuries. Chapters offer discussions on the main tenets of post-Keynesian economics, and focus on issues of growth, wealth and income distribution. The debate on the role of government versus the market is brought to the fore within the context of economic thought from the Physiocrats to the post-Keynesians. The editors have created an essential read for scholars and students interested in the history of economic thought and post-Keynesian economics.
General Theory Of Employment Interest And Money
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Author : John Maynard Keynes
language : en
Publisher: Atlantic Publishers & Dist
Release Date : 2016-04
General Theory Of Employment Interest And Money written by John Maynard Keynes and has been published by Atlantic Publishers & Dist this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04 with Business & Economics categories.
John Maynard Keynes is the great British economist of the twentieth century whose hugely influential work The General Theory of Employment, Interest and * is undoubtedly the century's most important book on economics--strongly influencing economic theory and practice, particularly with regard to the role of government in stimulating and regulating a nation's economic life. Keynes's work has undergone significant revaluation in recent years, and "Keynesian" views which have been widely defended for so long are now perceived as at odds with Keynes's own thinking. Recent scholarship and research has demonstrated considerable rivalry and controversy concerning the proper interpretation of Keynes's works, such that recourse to the original text is all the more important. Although considered by a few critics that the sentence structures of the book are quite incomprehensible and almost unbearable to read, the book is an essential reading for all those who desire a basic education in economics. The key to understanding Keynes is the notion that at particular times in the business cycle, an economy can become over-productive (or under-consumptive) and thus, a vicious spiral is begun that results in massive layoffs and cuts in production as businesses attempt to equilibrate aggregate supply and demand. Thus, full employment is only one of many or multiple macro equilibria. If an economy reaches an underemployment equilibrium, something is necessary to boost or stimulate demand to produce full employment. This something could be business investment but because of the logic and individualist nature of investment decisions, it is unlikely to rapidly restore full employment. Keynes logically seizes upon the public budget and government expenditures as the quickest way to restore full employment. Borrowing the * to finance the deficit from private households and businesses is a quick, direct way to restore full employment while at the same time, redirecting or siphoning
The Hesitant Hand
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Author : Steven G. Medema
language : en
Publisher: Princeton University Press
Release Date : 2009-07-06
The Hesitant Hand written by Steven G. Medema and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-07-06 with Business & Economics categories.
Adam Smith turned economic theory on its head in 1776 when he declared that the pursuit of self-interest mediated by the market itself--not by government--led, via an invisible hand, to the greatest possible welfare for society as a whole. The Hesitant Hand examines how subsequent economic thinkers have challenged or reaffirmed Smith's doctrine, some contending that society needs government to intervene on its behalf when the marketplace falters, others arguing that government interference ultimately benefits neither the market nor society. Steven Medema explores what has been perhaps the central controversy in modern economics from Smith to today. He traces the theory of market failure from the 1840s through the 1950s and subsequent attacks on this view by the Chicago and Virginia schools. Medema follows the debate from John Stuart Mill through the Cambridge welfare tradition of Henry Sidgwick, Alfred Marshall, and A. C. Pigou, and looks at Ronald Coase's challenge to the Cambridge approach and the rise of critiques affirming Smith's doctrine anew. He shows how, following the marginal revolution, neoclassical economists, like the preclassical theorists before Smith, believed government can mitigate the adverse consequences of self-interested behavior, yet how the backlash against this view, led by the Chicago and Virginia schools, demonstrated that self-interest can also impact government, leaving society with a choice among imperfect alternatives. The Hesitant Hand demonstrates how government's economic role continues to be bound up in questions about the effects of self-interest on the greater good.
Essays On The Economic Role Of Government
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Author : Warren J. Samuels
language : en
Publisher: Palgrave Macmillan
Release Date : 1992-01-01
Essays On The Economic Role Of Government written by Warren J. Samuels and has been published by Palgrave Macmillan this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992-01-01 with Political Science categories.
Contains a collection of articles applying fundamental concepts of power, property, regulation and the compensation principle to contemporary topics: the wealth maximization hypothesis, the Coase theorem, public utility regulation, and other topics in law and economics.
The State And The Economic System
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Author : Phyllis Deane
language : en
Publisher: Oxford University Press, USA
Release Date : 1989
The State And The Economic System written by Phyllis Deane and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Business & Economics categories.
This book traces the history of economic thought over the last 300 years, from its emergence as a scientific discipline in the 17th century to the present. More than a conventional history, the book focuses on the evolution of the discipline in the light of the moral, scientific, and political ideas and attitudes with which each new generation of economists has developed its distinctive vision of a changing economic system. Deane balances the twin themes of the economists' desire to be scientific and their desire to satisfy central government's need for reliable advice on the workings of the system, offering clear and accessible analyses of the major thinkers and the problems they pose.