The Wealth of Ideas traces the history of economic thought, from its prehistory (the Bible, Classical antiquity) to the present day. In this eloquently written, scientifically rigorous and well documented book, chapters on William Petty, Adam Smith, David Ricardo, Karl Marx, William Stanley Jevons, Carl Menger, Leon Walras, Alfred Marshall, John Maynard Keynes, Joseph Schumpeter and Piero Sraffa alternate with chapters on other important figures and on debates of the period. Economic thought is seen as developing between two opposite poles: a subjective one, based on the ideas of scarcity and utility, and an objective one based on the notions of physical costs and surplus. Professor Roncaglia focuses on the different views of the economy and society and on their evolution over time and critically evaluates the foundations of the scarcity-utility approach in comparison with the Classical/Keynesian approach.
The Wealth of Ideas traces the history of economic thought, from its prehistory (the Bible, Classical antiquity) to the present day. In this eloquently written, scientifically rigorous and well documented book, chapters on William Petty, Adam Smith, David Ricardo, Karl Marx, William Stanley Jevons, Carl Menger, Leon Walras, Alfred Marshall, John Maynard Keynes, Joseph Schumpeter and Piero Sraffa alternate with chapters on other important figures and on debates of the period. Economic thought is seen as developing between two opposite poles: a subjective one, based on the ideas of scarcity and utility, and an objective one based on the notions of physical costs and surplus. Professor Roncaglia focuses on the different views of the economy and society and on their evolution over time and critically evaluates the foundations of the scarcity-utility approach in comparison with the Classical/Keynesian approach.
Über den Autor
Alessandro Roncaglia is Professor of Economics in the Department of Economic Sciences, University of Rome 'La Sapienza'. He is a member of the Accademia Nazionale dei Lincei and editor of BNL Quarterly Review and Moneta e Credito. His numerous publications include Piero Sraffa: His life, thought and cultural heritage (2000) and the Italian edition of this book, La ricchezza delle idee (2001) which received the 2003 Jérome Adolphe Blanqui Award from the European Society for the History of Economic Thought.
Inhaltsverzeichnis
Preface; 1. The history of economic thought and its role; 2. The prehistory of political economy; 3. William Petty and the origins of political economy; 4. From body politic to economic tables; 5. Adam Smith; 6. Economic science at the time of the French revolution; 7. David Ricardo; 8. The 'Ricardians' and the decline of Ricardianism; 9. Karl Marx; 10. The marginalist revolution: the subjective theory of value; 11. The Austrian school and its neighbourhood; 12. General economic equilibrium; 13. Alfred Marshall; 14. John Maynard Keynes; 15. Joseph Schumpeter; 16. Piero Sraffa; 17. The age of fragmentation; 18. Where are we going? Some (very tentative) considerations; References; Index.
