Description |
1 online resource (xv, 265 pages) |
Contents |
Preface -- 1. Adam's vision. The division of labor -- The theory of value -- Capital accumulation -- The invisible hand and the state -- Smith's theory of money -- Adam's fallacy revisited -- 2. Gloomy science. Second thoughts -- Malthus and population -- The context of Malthus's Essay -- Malthus's postulates -- Malthusian logic -- Population and food since Malthus's time -- Ricardo and the limits to growth -- Ricardo's labor theory of value -- Accumulation and the stationary state -- Ricardo's views on machinery -- The political economy of poverty -- 3. The severest critic. Historical materialism -- The commodity and the theory of value -- Capitalist exploitation -- Accumulation and the falling rate of profit -- Primitive accumulation -- The transition to socialism -- Marx and proletarian revolution -- Marxist theory and social change -- 4. On the margins. Adam's fallacy needs new shoes -- Marginalism -- Where do prices come from? -- Marginalism and social welfare -- Marginalism and time -- Veblen and conspicuous consumption |
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5. Voices in the air. John Maynard Keynes -- World capitalism in Keynes's time -- Say's law and laissez-faire -- Labor markets and unemployment -- Expectations and money -- The fate of capitalism -- Complexity vs. collectivism -- The prophet of technology -- 6. Grand illusions. Looking in the mirror -- Two-armed economists -- Escaping Adam's fallacy -- Face to face with Adam's curse -- Reading further -- Appendix -- Demographic equilibrium -- Theories of money and prices -- Ricardo's theory of rent and accumulation -- Decomposition of the value of commodities -- The working day -- Index |
Summary |
Explains the core ideas of the great economists in layman terms, highlighting the economists whose ideas shaped economics on its abstract and more concrete levels |
Bibliography |
Includes bibliographical references and index |
Notes |
In English |
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Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
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Print version record |
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digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL |
Subject |
Smith, Adam, 1723-1790. Inquiry into the nature and causes of the wealth of nations.
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SUBJECT |
Smith, Adam Philosoph. swd |
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Inquiry into the nature and causes of the wealth of nations (Smith, Adam) fast |
Subject |
Economics -- Philosophy
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BUSINESS & ECONOMICS -- Economics -- Theory.
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BUSINESS & ECONOMICS -- General.
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Economics -- Philosophy
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Form |
Electronic book
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LC no. |
2006047227 |
ISBN |
9780674027077 |
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0674027078 |
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9780674263529 |
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0674263529 |
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