A History of Economic Theory

A History of Economic Theory provides a comprehensive discussion of the development of mainstream economics, from its origins in eighteenth-century France and Britain to the modern era. The book reviews classical economists' contributions, including Adam Smith and David Ricardo's work, as well as Karl Marx's theories. It also discusses marginalist economists' contributions, from Johann Heinrich von Thunen to Milton Friedman. Author Jurg Niehans also presents an assessment of model-building economics during the twentieth century, looking at Alfred Marshall and Irving Fisher as well as John Maynard Keynes and Paul Samuelson. Exploring both familiar and lesser-known economists and their work, A History of Economic Theory is an invaluable resource for students, instructors, scholars, and researchers seeking an account of economic theories.