The Big Three in Economics: Adam Smith, Karl Marx, and John Maynard Keynes
The Big Three in Economics reveals the battle of ideas among the three most influential economists: Adam Smith, representing laissez faire; Karl Marx, reflecting the radical socialist model; and John Maynard Keynes, symbolizing big government and the welfare state. History comes alive in this fascinating story of opposing views that continue to play a fundamental role in today's politics and economics. In the twenty-first century, Adam Smith's 'invisible hand' model has gained the upper hand, and capitalism has ultimately won the ideological battle over socialism and interventionism.
In this definitive volume, over 80 distinguished contributors from four continents provide authoritative critical discussion of the principal areas of controversy in post Keynesian economics, including all significant issues in methodology, economic theory, applied economics and policy.
Each entry surveys the relevant literature and highlights the strengths and weaknesses of post Keynesian contributions. The Companion deals with areas of continuing debate inside post Keynesianism and sheds light on the current relationship between post Keynesians, mainstream economics and alternative heterodox schools of thought.
International Economics: Theory and Policy, 8th Edition
International Economics, the best-selling textbook in the field, is written by two of the world's preeminent economists. Both the real trade portion of the book and the monetary portion are divided into a core of chapters focused on theory, followed by chapters applying the theory to major policy questions, past and current. The Sixth Edition has been throughly revised to reflect the changes of today's global economic landscape, including the unprecedented expansion of globalization, the increasingly crucial nature of international economic relations, the gains from trade, and recent anti-globalization controversies such as the continuing debate over the optimal level of trade.
The Little Book of Economics: How the Economy Works in the Real World
One positive side-effect of the recent financial market meltdown that toppled giant, century-old institutions and cost millions their jobs is that it created a strong desire among many Americans to better understand how the U.S. economy functions. In The Little Book of Economics, Greg, Ip, one of the country’s most recognized and respected economics journalists, walks readers through how the economy really works.
In The Natural Origins of Economics, Margaret Schabas traces the emergence and transformation of economics in the eighteenth and nineteenth centuries from a natural to a social science. Focusing on the works of several prominent economists—David Hume, Adam Smith, Thomas Malthus, David Ricardo, and John Stuart Mill—Schabas examines their conceptual debt to natural science and thus locates the evolution of economic ideas within the history of science. An ambitious study, The Natural Origins of Economics will be of interest to economists, historians, and philosophers alike.