Routledge Library Editions Landmarks In The History Of Economic Thought

The volumes in this set, originally published between 1925 and 1990, draw together research by leading academics in the area of the history of economic thought. The volumes encompass many different schools of economic thought, with a focus on individual economic thinkers such as Friedrich Hayek, Adam Smith and Piero Sraffa. This set will be of interest to students of economics, particularly students of the history of economic thought.

The volumes in this set, originally published between 1925 and 1990, draw together research by leading academics in the area of the history of economic thought. The volumes encompass many different schools of economic thought, with a focus on individual economic thinkers such as Friedrich Hayek, Adam Smith and Piero Sraffa. This set will be of interest to students of economics, particularly students of the history of economic thought.

Re-issuing 15 seminal volumes in the history of economics, originally published between 1906 and 1983, but which still have enduring validity, the volumes in this set, by Edwin Cannan, Michal Kalecki, Simon Kuznets, Erik Lindahl, A. C. Pigou, Joan Robinson, Friedrich List, Knut Wicksell, Tibor Scitovsky and Jacob Viner discuss and examine: general problems of economics and in particular the theories of production, value, distribution, employment, interest, money, currency, credit and international trade key principles of economics in historical terms Swedish monetary theory major variables significant for the analysis of economic development business cycles origins of social organizations, the development of Robinson Crusoe economies and the conception of property or rightful ownership.

Though Cannan, in his early years as an economist, was a critic of classical economics and an ally of interventionists, he moved sharply to the side of classical liberalism in the early 20th century. In this book, originally published in 1929 Edwin Cannan discussed in comparative terms the general problems of economics and in particular the theories of production, value and distribution and the attempts that had been made to solve them. Examining key principles of economics in historical terms, the author draws his own conclusions only after a full discussion of various viewpoints.

The importance of this book, translated for the first time in 1983, lies not so much in List’s advocacy of the fiscal policy of protection as in the relatively new doctrines that he put forward. He discussed stages of economic growth, ‘productive powers’ and the industrialisation of developing regions. List’s most fundamental teachings are fully developed in this book.

This volume, originally published in 1958, contains a selection of the most important and interesting articles by Knut Wicksell, which had hitherto only been published in Swedish. They cover Wicksell’s views on Economics and monetary theory, his theory of production and distribution, some review articles on the works of Pareto, Böhm-Bawerk, Carl Menger and Bowley and some papers on foreign trade problems, written after the First World War. Erik Lindahl’s introductory essay gives a picture of Wicksell the social reformer, who radical opinions often brought him into conflict with the authorities and the general public.

Knut Wicksell is acknowledged to be the precursor and prophet of modern macroeconomic theory and he provided some of its chief elements a generation before their power and significance were properly recognized. This book, originally published in German in 1893 and in English in 1954 brought time into the previously timeless theory of value and income distribution. The theory of the real interest rate, which he developed in Value, Capital and Rent became a central and essential element when he began to explain what determines the general level of money prices and how the changes of this level come about.