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A Brief History of Economic Thought


  • Date Published: September 2017
  • availability: In stock
  • format: Paperback
  • isbn: 9781316627365

£ 23.99

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About the Authors
  • The evolution of economic thought can be traced back from its beginnings in classical antiquity up to the present day. In this book, Professor Alessandro Roncaglia offers a clear, concise and updated version of his award-winning The Wealth of Ideas, studying the development of economic thought through perspectives and debates on the economy and society over time. With chapters on prominent economic theorists, including William Petty, Karl Marx, and John Maynard Keynes, as well as on other important figures and key debates of each period, Roncaglia critically evaluates the foundations of the marginalist–neoclassical (scarcity–utility) approach in comparison to the Classical–Keynes approach. A comprehensive guide to the history of economic thought, this book will be of value not only to undergraduate and postgraduate students studying economic thought, but also to any readers desiring to study how economics has evolved up to the present day.

    • As a shortened and updated version of The Wealth of Ideas, it offers an accessible, clear and concise introduction to the history of economic thought, without complex mathematics, ideal for both the specialist and general reader
    • Clarifies the basic differences between the various approaches to economics, making it ideal as an introduction to the field
    • Provides an original contribution to the debates on the foundations of economics, allowing readers to develop their own opinions on various debates and perspectives
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    Reviews & endorsements

    'In this very lucid and concise book, Roncaglia takes us from the beginning of economic thought in classical antiquity right through to the contemporary scene. The main ideas are both clearly explained and connected by a narrative thread. The book is recommended reading for anyone who wants to find out about the fascinating history of economics, and that should include all economists.' Donald Gillies, University College London

    'This brief history of economic thought succeeds in combining conciseness with scholarly, informed and clear presentation, tracing the evolution of multifarious concepts and the various hypotheses on which they are based. It masterfully guides the reader along the entire timespan of the subject, from its prehistory to recent and contemporary developments.' Maria Cristina Marcuzzo, Sapienza, Università di Roma

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    Product details

    • Date Published: September 2017
    • format: Paperback
    • isbn: 9781316627365
    • length: 320 pages
    • dimensions: 228 x 152 x 17 mm
    • weight: 0.46kg
    • availability: In stock
  • Table of Contents

    1. Introduction: the history of economic thought and its role
    2. The prehistory of political economy
    3. William Petty and the origins of political economy
    4. From body politic to economic tables
    5. Adam Smith
    6. Economic science at the time of the French Revolution
    7. David Ricardo
    8. The Ricardians and the decline of Ricardianism
    9. Karl Marx
    10. The Marginalist Revolution: the subjective theory of value
    11. The Austrian school and its neighbourhood
    12. General economic equilibrium
    13. Alfred Marshall
    14. John Maynard Keynes
    15. Joseph Schumpeter
    16. Piero Sraffa
    17. The age of disgregation.

  • Author

    Alessandro Roncaglia, Sapienza University of Rome
    Alessandro Roncaglia is Professor of Economics at Sapienza Università di Roma, member of the Accademia Nazionale dei Lincei, editor of PSL Quarterly Review and Moneta e Credito, and was previously the President of the Società Italiana degli Economisti. His numerous publications, translated in various languages, include The Wealth of Ideas (Cambridge, 2005).

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