This book presents a brief history of economic thought from the 17th century to the present day. Each chapter examines the key contributions of a major economist or group of economists and includes suggestions for further reading. Economists covered include Keynes, Marshall, Petty and Jevons, and less familiar theorists such as Galiani and Turgot.
Gianni Vaggi is Professor of Development Economics at the University of Pavia, Italy where he is also the Director of the European School of Advanced Studies in Cooperation and Development. He has published a large number of articles as well as two books: The Economics of Francois Quesnay and From the Debt Crisis to Sustainable Development. Peter Groenewegen is Emeritus Professor at the University of Sydney, Australia. He has published a number of books on the history of economic thought, including a widely acclaimed biography of Alfred Marshall, a collection in translation of Turgot's major writings on economics, and three volumes of his essays on the history of economics. As Director of the Centre for the Study of the History of Economic Thought from 1989 to 2003, he edited several volumes of conference proceedings on subjects ranging from economics and ethics, to women and economics, and physicians and political economy, as well as a series of reprints of economic classics. In 2005 his services to the subject were recognised by both the History of Economics Society which named him as one of its distinguished fellows, and the European Society of the History of Economic Thought which made him one of its honorary members. In 2010, Peter Groenewegen was made a Distinguished Fellow of the Economic Society of Australia, and of the History of Economic Thought Society in Australia, the last of which he helped to found in 1981.
Foreword; S.G.Medema PART I: CLASSICAL POLITICAL ECONOMY, 1600-1870 1. Seventeenth Century Pioneers 2. Development in French Economics 3. Towards a Mature Classical Political Economy 4. The First Full Systems of Classical Political Economy 5. The 'Golden Age' of Classical Political Economy PART II: MODERN DEVELOPMENTS, 1870-1960 6. The First Generation 7. The Development of Marginalist Economics: Distribution and Capital Theory 8. Pioneers of Macro-Economics 9. Further Developments in Micro-Economics 10. The Foundations of Modern Macro-Economics