Economic Theory in Retrospect 1968 Edition

By Mark Blaug

Book Overview

This is a history of economic thought from Adam Smith to John Maynard Keynes - but it is a history with a difference. Firstly, it is a history of economic theory, not of economic doctrines, that is,... This description may be from another edition of this product.

• Format: Hardcover
• Language: English
• ISBN: B000WGUTU8
• Release Date: January 1968
• Publisher: Irwin
• Length: 710 Pages
• Weight: 1.90 lbs.

Customer Reviews

good for econ dudes

as an econ major i found this book highly informative and interesting. however, if you are not mathematically inclined you might find some of the models and graphs difficult to follow, especially the ones involving differential equations.but if you are an econ dude, this book is great. lots of insight about how commonly used theories and models came about. well written for the most part, but somewhat wordy at times.

Still the best of its type

The standard text for anyone who wishes to analyse economic theory. Blaug takes the approach that an economic theory can be criticised on two levels. It may have a mismatch with the environment and or it may be internally flawed as a theory. By concentrating on theory Blaug helps the reader acquire their own critical faculties for assessing economic theories without getting bogged down on endless details associated with, "but things were different then," or with defendants of marxist economic theory, "but things would be different."