Four central theories of the market economy : conception, evolution and application

Bibliographic Information

Four central theories of the market economy : conception, evolution and application

Farhad Rassekh

(Routledge studies in the history of economics, 182)

Routledge, 2017

  • : hbk

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Note

Includes bibliographical references and index

Description and Table of Contents

Description

This highly original work offers an intellectual history of four central theories underlying the market economic system, focusing on their conception, evolution, and applications. Four Central Theories of the Market Economy traces the root of the theories, their conception and articulation, as well as their evolutions to the present time. It focuses on the four theories that are generally recognized as fundamental to the discipline of economics: the invisible hand, comparative advantage, the law of markets, and the quantity theory of money. These theories have profoundly influenced the world. Chapters explore their rich intellectual history from classical Greece to today, drawing on the original works of the great economic minds of the classical era and other thinkers who prepared the path for them, as well as those who refined their works or challenged them. This volume will leave the reader with a deep understanding of these pillars of the market economic system in the context of their historical development. This book will be of great interest to all scholars and students of economics who are interested in the intellectual history of their discipline as well as scholars and students of intellectual history who are interested in economics.

Table of Contents

Acknowledgments Introduction Chapter 1: The Invisible-Hand Proposition Chapter 2: The Theory of Comparative Advantage Chapter 3: The Law of Markets Chapter 4: The Quantity Theory of Money

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Details

  • NCID
    BB2159102X
  • ISBN
    • 9780415622028
  • LCCN
    2016003138
  • Country Code
    uk
  • Title Language Code
    eng
  • Text Language Code
    eng
  • Place of Publication
    London
  • Pages/Volumes
    xix, 197 p.
  • Size
    25 cm
  • Classification
  • Subject Headings
  • Parent Bibliography ID
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