Classical economic theory and the modern economy

"Economic theory reached its highest level of analytical power and depth in the middle of the nineteenth century among John Stuart Mill and his contemporaries. This book explains classical economics when it was at its height, followed by an analysis of what took place as a result of the ensuing...

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Bibliographic Details
Main Author: Kates, Steven
Format: eBook
Language:English
Published: Northampton Edward Elgar Publishing 2020, 2020
Subjects:
Online Access:
Collection: Edward Elgar eBooks Collection Business & Economics - Collection details see MPG.ReNa
Table of Contents:
  • Includes bibliographical references and index
  • Contents: Introduction
  • 1. The purpose of this book and why only I could write it
  • 2. The background
  • 3. The Keynesian revolution and classical theory
  • 4. Understanding classical presuppositions, terminology and concepts
  • 5. The classical theory of value and the marginal revolution
  • 6. Keynesian theory overruns the classics
  • 7. The basis for Keynes's success: Why Keynes was able to succeed
  • 8. Classical theory and the role of government
  • 9. Austrian economics and classical
  • 10. An overview of classical economic theory
  • afterword
  • bibliography
  • Index