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  3. The Wealth of Ideas
  • Cited by 119
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    • Publisher:
      Cambridge University Press
      Publication date:
      22 September 2009
      28 April 2005
      ISBN:
      9780511492341
      9780521691871
      DOI:
      https://doi.org/10.1017/CBO9780511492341
      Dimensions:
      Weight & Pages:
      Dimensions:
      (228 x 152 mm)
      Weight & Pages:
      0.968kg, 598 Pages
      • Subjects:
      Economics, Economic Thought, Philosophy and Methodology
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    Subjects:
    Economics, Economic Thought, Philosophy and Methodology
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    Book description

    The Wealth of Ideas, first published in 2005, traces the history of economic thought, from its prehistory (the Bible, Classical antiquity) to the present day. In this eloquently written, scientifically rigorous and well documented book, chapters on William Petty, Adam Smith, David Ricardo, Karl Marx, William Stanley Jevons, Carl Menger, Léon Walras, Alfred Marshall, John Maynard Keynes, Joseph Schumpeter and Piero Sraffa alternate with chapters on other important figures and on debates of the period. Economic thought is seen as developing between two opposite poles: a subjective one, based on the ideas of scarcity and utility, and an objective one based on the notions of physical costs and surplus. Professor Roncaglia focuses on the different views of the economy and society and on their evolution over time and critically evaluates the foundations of the scarcity-utility approach in comparison with the Classical/Keynesian approach.

    Reviews

    "This is an impressive, wide-ranging and useful volume." Business History Review Geoffrey M. Hodgson, University of Hertfordshire

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