| Description |
xv, 265 pages ; 22 cm |
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text txt rdacontent |
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unmediated n rdamedia |
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volume nc rdacarrier |
| Bibliography |
Includes bibliographical references and index. |
| 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. |
| Subject |
Smith, Adam, 1723-1790. Inquiry into the nature and causes of the wealth of nations.
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Economics -- Philosophy.
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Inquiry into the nature and causes of the wealth of nations (Smith, Adam) (OCoLC)fst01356351
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Economics -- Philosophy.
(OCoLC)fst00902168
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| ISBN |
0674023099 (alk. paper) |
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9780674023093 |
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9780674027299 |
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0674027299 |
| Standard No. |
9780674023093 |
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