This is a history of economic thought from Adam Smith to John Maynard Keynes – but it is a history with a difference. Firstly, it is a history of economic theory, not. This is a history of economic thought from Adam Smith to John Maynard Keynes– but it is a history with a difference. Firstly, it is history of economic theory, not of. value-free nature of economics is either the denial of a proposition in logic. (the distinction between normative and positive) or a denial of the possibility.

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This entry has no external links. Mark Blaug is a British economist naturalised inwho has covered a broad range of retroapect over his long career. Refresh and try again. My library Help Advanced Book Search. Utility and value 33 Welfare economics 34 Imperfect competition 35 Production and distribution 36 Capital 37 The capital tjeory. Trivia About Economic Theory i There are significant and major additions to six chapters.

Economic Theory in Retrospect.

This is a history of economic thought from Adam Smith to John Maynard Keynes – but it is a history with a difference. Suitable for undergraduate text use, this new edition takes full account of changes of the past decade.

Economic Theory in Retrospect – Mark Blaug – Google Books

Secondly, it includes detailed Reader’s Guides to nine of the major texts of economics, namely the works of Smith, Ricardo, Mill, Marx, Marshall, Wickstead, Wicksell, Walras and Keynes, in the effort to encourage students to bpaug acquainted at first hand with the writings of all the great economists.

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The short run 2 Quasirents 3 The long run 4 External economies 5 What are econnomic economies? Contents Preface to fifth edition. Preface to fifth edition. Infected with Popperism in later life. Economic Theory in Retrospect by Mark Blaug. The role of institutional assumptions. Synchronisation of production and consumption.

Mark Blaug, Economic Theory in Retrospect – PhilPapers

Wages 7 Profits 8 Relative wages 9 Rent. Vibhu Agnihotri rated it really liked it Apr 10, Capital and income 13 Banking.

Sraffa Ricardo in modern dress. The blauy theory of value 3 Capital costs and labour values 4 The Ricardo Effect 5 The invariable measure of value 6 The fundamental theorem of The meaning of pure profit 19 The entrepreneur as a factor of production.

The revealed preference approach. Competition as an endstate and competition as a process. Want to Read saving…. My library Help Advanced Book Search. The optimal characteristics of perfect competition.

Economic Theory in Retrospect

His prose is not easy to read, blug after Marginal productivity theory 2 The normative implications 3 Exploitation 4 Is continuous substitution possible? The history of the concept of enterpreneurship. Consumer behaviour 33 The content of the maximand 34 Price formation 35 Supply as reverse demand 36 The doctrine of alternative costs. Marginalism, Subjectivism, and the Invisible Hand: The measurability of utility.

Education in classical reetrospect. The great contradiction again 39 The transformation problem. Statics and dynamics 27 The falling rate of profit. Essays in Economic Thought. The optimum storage period 40 The value of capital Introduction 11 Scope substance and method.

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Rob Kirk rated it it was amazing Apr 01, This fifth edition, first published inadds new Reader’s Guides to Walras’s Elements of Pure Economics and Keynes’ General Theory to the previous seven Reader’s Guides of other great books in economics.

International wage and price levels 22 Humes. There are significant and major additions to six chapters. Cambridge Companion to Keynes. Economic History and Economic Theory. Blaug goes over an incredible amount of economic theory, very expertly summarizing the key thoughts and ideas of most major economists. No trivia or quizzes yet. This is a history of economic thought from Adam Smith to John Maynard Keynes – but it is a history with a difference.

Agnar Sandmo – – Princeton University Press.

This retrspect edition, first published inadds new Reader’s Guides to Walras’s Elements of Pure Economics —74 and Keynes’ General Theory to the previous seven Reader’s Guides of other great books in economics.

Want to Read Currently Reading Read. Keynes, Sraffa and the Criticism of Neoclassical Theory: The Keynesian Revolution 2 Why did it succeed?