Overview
- Is 2nd revised and extended edition
- Summarizes the core ideas of each school of economic thought and places them in historical and analytical context
- Highlights the contemporary relevance of major economists and schools of thought
Part of the book series: Springer Studies in the History of Economic Thought (SSHET)
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Keywords
- Adam Smith
- Classical Economics
- David Ricardo
- Karl Marx
- Keynes
- Keynesianism
- Macroeconomics
- Neoclassical Economics
- Wealth of Nations
- economic development
- Sraffian critique
- Capital Theory
- Macroeconomic approaches
- Cambridge Controversies
- Keynes’s General Theory
- Neoclassical synthesis
- History of macroeconomics
About this book
This book presents a comprehensive overview of the development of various schools of economic thought. Written for students of economics and anyone interested in the history of economics, it introduces the economic thinking of major economists, including Adam Smith, David Ricardo, Karl Marx, and John Maynard Keynes, and explains how classical economics and modern schools of economic thought evolved also in relation to the social conditions and real economic problems they were trying to address. It covers topics such as the evolution of classical economics, the marginal revolution, the theory of capital and the Cambridge controversies, Keynes’s General Theory, the neoclassical synthesis, and the history of macroeconomics. The author also reflects on the contemporary influence of various schools of economic thought and what answers they offer to present-day problems.
The second edition is completely updated and offers two new chapters, one on the methodology of economics and another on economic growth. The final chapter presents and critically evaluates developments in macroeconomics in the years after the "Great Recession."
Authors and Affiliations
About the author
LefterisTsoulfidis holds a Ph.D. and an M.A. in Economics from the New School of Social Research, New York (USA), and a B.A. in Economics from the University of Macedonia, Thessaloniki (Greece). He worked for many years in universities in New York, including Hofstra University and College of New Rochelle, before joining the Department of Economics of the University of Macedonia in Thessaloniki, where he teaches courses in the history of economic thought, economic history, political economy, mathematical economics, and macroeconomics.
Bibliographic Information
Book Title: Competing Schools of Economic Thought
Book Subtitle: Retrospect and Prospect
Authors: Lefteris Tsoulfidis
Series Title: Springer Studies in the History of Economic Thought
Publisher: Springer Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2024
Hardcover ISBN: 978-3-031-58579-1Due: 17 July 2024
Softcover ISBN: 978-3-031-58582-1Due: 17 July 2024
eBook ISBN: 978-3-031-58580-7Due: 17 July 2024
Series ISSN: 2662-6098
Series E-ISSN: 2662-6101
Edition Number: 2
Number of Pages: VI, 430
Number of Illustrations: 41 b/w illustrations, 11 illustrations in colour