The History of Economics: A Course for Students and Teachers Paperback – 30 November 2017

This book clarifies many controversies such as the evolving definition of economics, the story of modern macroeconomics, and the so-called marginal revolution of 1871. However, it excludes the works of Buchanan, North, and Ostrom.

There are so few decent books on the history of economic thought it is wonderful to find one written by experts who move beyond the current mathematical/marginal approach that is so dominate to look at how others have thought about economics in the past.The book is best suited to those with some pre-existing understanding of economics. If you are looking for more of an introduction then The Great Economists by Linda Yueh is a good option.I particularly enjoyed the chapters on Adam Smith, Marx, and JS Mill. Surprisingly I also enjoyed the chapter on Alfred Marshall, my economics education had given me a completely different impression of him.The book is particularly strong in helping students to understand how economic thought developed into political economy, how the marginalists came to dominate and the subject became just economics, and finally the move to the current dominance of mathematical economics. Fundamentally though it reminds us that economics is about ideas.The authors acknowledge that it is always difficult to know who to include and who to exclude. Nonetheless I would have like to have seen more on Joesph Schumpter.

A charming introduction to the history of economics sure to engage readers.

fast delivery, good book for introductionto economics