Economic Thought: A Brief History by Heinz D. Kurz (English) Hardcover Book

Description: FREE SHIPPING UK WIDE Economic Thought by Heinz D. Kurz, Jeremiah Riemer In this concise history, Heinz D. Kurz selects major moments in the development of economic ideas to portray how insights are acquired, lost, and reborn. He focuses on the dynamic individuals who give old ideas new life and the historical events that provoke the combination and recombination of different approaches and theories. FORMAT Hardcover LANGUAGE English CONDITION Brand New Publisher Description In this concise yet comprehensive history, Heinz D. Kurz traces the long arc of economic thought from its emergence in ancient Greece to its systematic presentation among the classical thinkers of the late eighteenth and early nineteenth centuries to the influential work of scholars such as Paul Samuelson and Kenneth J. Arrow. With a keen eye for how economic insights are acquired, lost, and reborn, Kurz focuses on the dynamic individuals who give old ideas new life and the historical events that provoke different approaches and theories. Over the course of this journey, Kurz explains what Adam Smith meant by the "invisible hand"; how Karl Marxs "law of motion" works in capitalist economies; the roots of the Austrian economists emphasis on the problems of information, incomplete knowledge, and uncertainty; John Maynard Keyness principle of effective demand and economic stabilization; and the insights and challenges offered by growth theory, welfare economics, game theory, and more. He concludes with a deft summation of world economists major concerns today and their critical relation to world events. Author Biography Heinz D. Kurz is professor of economics at the University of Graz in Austria and founder of the Graz Schumpeter Centre. He has also taught at numerous universities around the world, including Cambridge University and the New School for Social Research. His books in English include Theory of Production: A Long-Period Analysis and Understanding "Classical" Economics: Studies in Long Period Theory. Table of Contents Preface Introduction 1. Early Economic Thought 2. Classical Economics 3. Marx and the Socialists 4. The Rise of Marginalism 5. Marshall and the Theory of Partial Equilibrium 6. Utilitarianism, Welfare Theory, and Systems Debate 7. Imperfect Competition 8. Schumpeter and the Principle of Creative Destruction 9. Keynes and the Principle of Effective Demand 10. Reactions to Keynes 11. General Equilibrium Theory and Welfare Theory 12. Developments in Selected Fields A Final Word References and Bibliography Index Review An enjoyable and well-organized history that will attract many readers to this highly readable treatise on the dismal science. -- Amartya Sen, Harvard University Economic Thought ranges from harvest details on ancient Babylonian clay tablets to select recent developments in economic theory. Despite this breadth, Heinz D. Kurz achieves a truly impressive attention to detail and is able to provide intellectually satisfying explanations of many economic theories, both classical and modern. Any noneconomist wishing to acquire an intellectually serious introduction to economic theory would be well advised to begin with this book (and some overspecialized economists could certainly benefit too!). -- Ian Steedman, Manchester Metropolitan University An excellent read both for economists trained in the current traditions who want to know more about how their field evolved and for general readers looking for a broad but relatively compact history of economic thought. -- Richard R. Nelson, Columbia University The curious reader could not ask for a better guide to the significance of the history of economics than Kurz, who has distilled his many years of scholarship into this fine, easily readable book. Kurz understands well the dual nature of historical studies: to establish what the relevant theories meant in their time and their often changed application to our time. -- Geoffrey Harcourt, University of New South Wales If youre looking for a short but masterful overview of the course of economic thought, Heinz Kurzs book, translated from the German by Jeremiah Riemer, might be just the ticket. -- Brenda Jubin ValueWalk The book is remarkably successful in its objective of providing a brief history of economicthought. Economic and Political Weekly A definitive history of the field... Recommended. Asia Pacific Business Review Promotional In this concise history, Heinz D. Kurz selects major moments in the development of economic ideas to portray the growth of the field and how economic insights are acquired, lost, and reborn. His timeline focuses on the dynamic individuals who give old ideas new life and the historical events that provoke the combination and recombination of different approaches and theories. Review Quote With the Panama and Paradise Papers scandals, darkweb shadow economies, and Bitcoin fanaticism, Economic Thought offers a clear-eyed counterweight to social media-driven hysteria and dogmatic groupthink. Promotional "Headline" In this concise history, Heinz D. Kurz selects major moments in the development of economic ideas to portray the growth of the field and how economic insights are acquired, lost, and reborn. His timeline focuses on the dynamic individuals who give old ideas new life and the historical events that provoke the combination and recombination of different approaches and theories. Details ISBN0231172583 Author Jeremiah Riemer Short Title ECONOMIC THOUGHT Publisher Columbia University Press Language English Translator Jeremiah Riemer ISBN-10 0231172583 ISBN-13 9780231172585 Media Book Format Hardcover DEWEY 330.1 Affiliation University of Graz, Austria Year 2016 Imprint Columbia University Press Subtitle A Brief History Place of Publication New York Country of Publication United States Translated from German Pages 224 Publication Date 2016-05-03 UK Release Date 2016-05-03 AU Release Date 2016-05-03 NZ Release Date 2016-05-03 US Release Date 2016-05-03 Audience General We've got this At The Nile, if you're looking for it, we've got it. With fast shipping, low prices, friendly service and well over a million items - you're bound to find what you want, at a price you'll love! 30 DAY RETURN POLICY No questions asked, 30 day returns! FREE DELIVERY No matter where you are in the UK, delivery is free. 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