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Theory

Most popular at the top

  • Why Perestroika Failedby Peter J Boettke

    Taylor and Francis 2002; US$ 49.95

    Perestroika was acclaimed in the west but brought empty shelves in the east. Why Perestroika Failed argues that this was inevitable because it was not based on a sound understanding of market and political processes. Even if the perestroika programme had been carried out to the full it would have failed to bring about the structural changes necessary... more...

  • Keynes and the 'Classics'by Michel Verdon

    Taylor and Francis 2002; US$ 54.95

    Is there a language which is adequate to describe our own economy? In this volume, Michel Verdon undertakes a path-breaking analysis of the three major paradigms in economics: Marxian economics, neo-classical economics and Keynesian economics. Each of these, he argues, has an inherent cosmology, and in the case of both Marxian and neo-classical economics... more...

  • The Founding of Institutional Economicsby Warren Samuels

    Taylor and Francis 2002; US$ 54.95

    Institutional economics has been a major part of economic thought for the whole of the twentieth century, and today remains crucial to an understanding of the development of heterodox economics. The two principal publications that founded the school were Veblen's The Theory of the Leisure Class and Commons's A Sociological View of Sovereignty ,... more...

  • Time and Moneyby Roger W Garrison

    Taylor and Francis 2002; US$ 54.95

    Time and Money argues persuasively that the troubles which characterise modern capital-intensive economies, particularly the episodes of boom and bust, may best be analysed with the aid of a capital-based macroeconomics. The primary focus of this text is the intertemporal structure of capital, an area that until now has been neglected in favour of... more...

  • On Interpreting Keynesby Bruce Littleboy

    Taylor and Francis 2013; US$ 48.95

    There is discontent with how the textbooks have come to reinterpret Keynes but there is little communication between the most prominent schools of criticism. This book argues that this lack of dialogue is mistaken and damaging. A synthesis is possible as many of the arguments between them can be traced to simple misunderstadings and differences of... more...

  • Neoclassical Microeconomic Theoryby Anthony Endres

    Taylor and Francis 2002; US$ 49.95

    Carl Menger, Friedrich Wieser and Eugen Bohm-Bawerk are acknowledged as pioneers in the development of neoclassical economics, as well as being recognized as the founders of the Austrian School of Economics. Neoclassical Microeconomic Theory examines their contribution and compares it with the other branches of neoclassical economics that emerged... more...

  • Understanding 'Classical' Economicsby Heinz D. Kurz; Neri Salvadori

    Taylor and Francis 2002; US$ 54.95

    The 'classical' approach to economic problems, which can be traced back to Adam Smith and David Ricardo, has seen a remarkable revival in recent years. The essays in this collection argue that this approach holds the key to an explanation of important present day economic phenomena. Focusing on the analytical potentialities of classical economics,... more...

  • The Uses and Abuses of Economicsby Terence Hutchison

    Taylor and Francis 2002; US$ 54.95

    Terence Hutchison has made a unique contribution to debates in the history of economic thought and in economic methodology. The material collected here - much of which is appearing for the first time - includes some of the most significant and provocative parts of this contribution. Working from the principle that an idea that offends no one is not... more...

  • The Meaning of the Market Processby Israel M Kirzner

    Taylor and Francis 2002; US$ 83.95

    Israel Kirzner is the foremost proponent of the modern Austrian theory of the market process. This book offers substantive insights in support of this theory and a new historical interpretation of how the ideas of modern Austrians emerged. more...

  • Mercantilismby Lars Magnusson

    Taylor and Francis 2002; US$ 54.95

    Ever since the Physiocrats and Adam Smith, mercantilism or 'the mercantile system' have been described as the opposite of classical political economy. This view is very much brought into question by the current book. It argues that the sharp distinction between mercantilism and 19th century laissez-faire economics has obscured the meaning, content... more...