The History of Economic Ideas: Economic Thought in Contemporary Context

This textbook traces the evolution of economic ideas from the ancient to the modern world by examining the contributions of the most important scholars to some of the most important ideas in economics.It provides topics that are important for the understanding of contemporary economic issues. This includes ethical foundations of modern economics; ideas regarding property rights; price theory; money and interest; public finance; the theories of business cycles and economic growth; international trade; and issues related to population and resource use. The books originality lies in its overall organization, which allows readers to explore the development of ideas on a specific topic in detail.