Economic Theory Retrospect

by Mark Blaug

Book Overview

This is a revised edition of this classic text on the history of economic thought. Its particular value is that it studies theories rather than theorists, and focuses on the logical coherence and explanatory value of the mainstream of economic ideas, undiluted by biographical colouring or historical digressions. Detailed Reader's Guides are provided to the leading works in economics, and Notes on Further Reading guide the student through the literature...

• Format: Paperback
• Language: English
• ISBN: 0521316448
• ISBN13: 9780521316446
• Release Date: January 1980
• Publisher: Cambridge University Press
• Length: 770 Pages
• Weight: 1.85 lbs.
• Dimensions: 1.5" x 7.0" x 9.8"

Customer Reviews

good for econ dudes

as an econ major i found this book highly informative and interesting. however, if you are not mathematically inclined you might find some of the models and graphs difficult to follow, especially the ones involving differential equations.but if you are an econ dude, this book is great. lots of insight about how commonly used theories and models came about. well written for the most part, but somewhat wordy at times.

Still the best of its type

The standard text for anyone who wishes to analyse economic theory. Blaug takes the approach that an economic theory can be criticised on two levels. It may have a mismatch with the environment and or it may be internally flawed as a theory. By concentrating on theory Blaug helps the reader acquire their own critical faculties for assessing economic theories without getting bogged down on endless details associated with, "but things were different then," or with defendants of marxist economic theory, "but things would be different."