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- DescriptionStudy of the grand ideas in ecomics has a perpetual intellectual fascination in it's own right. It can also have practical relevance, as the global ecomic downturn that began in 2007 reminds us. For several decades, the ecomics establishment had been dismissive of Keynesianism, arguing that the world had moved beyond the depression ecomics with which it dealt. Keynesian ecomics, however, has w staged a comeback as governments attempt to formulate policy responses to the Great Recession of the first decade of the twenty-first century. Many of the issues that faced ecomists in the past are still with us. The theories and methods of such men as Adam Smith, T. R. Malthus, David Ricardo, J.S. Mill, Karl Marx, Alfred Marshall, and J. M. Keynes are often relevant to us today-and we can always learn from their mistakes. In his stimulating analysis Professor Barber assesses the thought of a number of important ecomists both in terms of the issues of their day and in relation to modern ecomic thought. By concentrating on the greatest exponents he highlights the central properties of the four main schools of ecomic thought - classical, Marxian, neo-classical, and Keynesian - and shows that although each of these traditions is rooted in a different stage of ecomic development, they can all provide insights into the recurring problems of modern ecomics.
- Author BiographyWILLIAM J. BARBER is the Andrews Professor of Economics, Emeritus, at Wesleyan University. He is a Distinguished Fellow and past president of the History of Economics Society.
- Author(s)William J. Barber
- PublisherUniversity Press of New England
- Date of Publication15/06/2009
- SubjectEconomics: Professional & General
- Place of PublicationHanover
- Country of PublicationUnited States
- ImprintWesleyan University Press
- Content Noteblack & white illustrations
- Weight268 g
- Width127 mm
- Height203 mm
- Spine14 mm
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