An Outline of the History of Economic Thought

by Ernesto Screpanti and Stefano Zamagni

Book Overview

This book provides a comprehensive overview of the development of economics from its beginnings--at the end of the Middle Ages--to contemporary developments, including some significant contributions of the 1980s. The economic thought of the last 50 years has been given particular attention to reflect the remarkable growth in research accomplished during this period. The authors present traditional and modern theories as part of a historical process...

• Format: Hardcover
• Language: English
• ISBN: 0198283709
• ISBN13: 9780198283706
• Release Date: June 1993
• Publisher: Oxford University Press, USA
• Length: 454 Pages
• Weight: 2.00 lbs.
• Dimensions: 1.2" x 6.5" x 9.5"

Customer Reviews

Very useful

As an economist my own interpretation for the expression "the dismal science" is not so much that Economics has a grim world view, but that it has a dismal record in explaining human reality - even a disdain for it. In the market for this knowledge it should be clear what reality thinks of Economics, as none of the people calling the shots in corporations, banking or government are trained economists. Even such a "luminary" as Alan Greenspan has now been revealed as the poor sap who couldn't believe greedy bankers behaved like... greedy bankers. As a non-economist you might be drawn to the subject, particularly in these times of recession and crisis, but for over three hundred years Economics has produced a mountain of books, journals and articles brimming with gobbledeegook; where to begin? This is one of the few books that can be used as a map to navigate the dozens of different subjects, and takes the approach "so and so said this, but then this other guy said that", so you can then dive into more specialized books. After you've read this I would suggest searching for history books which deal with whatever catches your fancy, and center on the individuals who shaped the story, so you can connect psychology, sociology, politics and other fields - what Economics should be instead of the useless pig with mathematical lipstick it actually is.

A useful text book for the course

I've used the book for the Hist of Econ Thought course I teach, and it has proved very useful. The authors explore the historical context as well as the theories of the economists in a clear and easily accessibly manner. The only critique I have is their apparent sympathy to a school of thought I disagree with, but that does not detract from the overview they provide.