Who is the author of 'A History of Economic Theory'?

The author of 'A History of Economic Theory' is Jürg Niehans.

What are the main themes in 'A History of Economic Theory'?

The main themes in 'A History of Economic Theory' include Political Philosophy, Business and Economics, Economic Policy, History of Science.

What genre is 'A History of Economic Theory'?

'A History of Economic Theory' is categorized as Business and Economics.

What are the main themes explored in 'A History of Economic Theory' by Jürg Niehans?

In 'A History of Economic Theory,' Jürg Niehans explores several main themes, including: Development of Economic Ideas: The book traces the evolution of economic thought from classical to modern theories, highlighting how ideas have changed over time. Interplay between Theory and Reality: Niehans examines how economic theories are influenced by and respond to real-world economic conditions and events. Influence of Philosophical Perspectives: The author discusses the impact of philosophical ideas on economic theory, examining figures such as Adam Smith, Karl Marx, and John Maynard Keynes. Methodological Approaches: Niehans evaluates different methodologies used in economic theory, including mathematical modeling and empirical analysis. Role of Institutions: The book looks at the role of institutions in shaping economic behavior and theory, including how legal and political structures affect economic outcomes. Key Economic Concepts: Niehans delves into essential economic concepts such as supply and demand, market structures, and the function of money, illustrating their historical development. Overall, the book serves as a comprehensive overview of the intellectual history of economic thought, illustrating how past theories inform current economic understanding and practices.

Who is Jürg Niehans, and what background does he bring to the book?

Jürg Niehans is a Swiss economist known for his contributions to economic theory and history. He has an academic background that includes studying economics at the University of Zurich, where he later became a professor. Niehans has focused on the analytical foundations of economics and has written extensively on the history of economic thought, particularly emphasizing the evolution of economic ideas from classical to modern times. His insights in 'A History of Economic Theory' reflect a deep understanding of both historical context and theoretical developments, providing a comprehensive overview of how economic concepts have evolved over the years.

How does Niehans organize the historical development of economic theory in the book?

In "A History of Economic Theory," Jürg Niehans organizes the historical development of economic theory chronologically, tracing its evolution from classical to contemporary thought. He segments the book into distinct periods, discussing key figures, their contributions, and the prevailing economic ideas of each era. Niehans emphasizes the interplay between economic theory and historical context, highlighting how economic thought has reacted to changes in society, politics, and technology. This structure allows readers to understand not only the ideas themselves but also their relevance within their respective historical frameworks.

What key economic theories or figures does Niehans focus on in his analysis?

In 'A History of Economic Theory,' Jürg Niehans focuses on key economic theories such as classical economics, neoclassical economics, and Keynesian economics. He analyzes prominent figures like Adam Smith, David Ricardo, John Stuart Mill, Alfred Marshall, and John Maynard Keynes, exploring their contributions to economic thought and how their ideas have evolved over time.

What is the significance of understanding the history of economic thought according to Niehans?

According to Jürg Niehans in 'A History of Economic Theory', understanding the history of economic thought is significant for several reasons. Firstly, it provides a context for current economic theories and practices, illustrating how past ideas have influenced contemporary thought. Niehans emphasizes that economic theories do not arise in a vacuum; they are responses to historical and social conditions. Secondly, understanding historical theories allows economists and scholars to critically evaluate the evolution of concepts and the debates that shaped economic theory. This historical perspective fosters a deeper appreciation for the complexities of economic issues and the diverse viewpoints that exist within the discipline. Niehans argues that grasping the lineage of economic thought is crucial for anyone looking to engage with modern economic problems thoughtfully and informedly.

A History of Economic Theory

In 'A History of Economic Theory', Jürg Niehans takes readers on a captivating journey through the evolution of economic thought. From ancient philosophies to contemporary paradigms, the book unravels how ideas have shaped economic practices across cultures and eras. With each chapter, Niehans reveals the intellectual battles and breakthroughs that have defined the discipline. Rich in historical context, this work challenges readers to consider the relevance of past theories in today's economy. Dive into this scholarly adventure and discover how the past continually influences our understanding of wealth and value.

By Jürg Niehans

Published: 1994

"Economic theories are not merely equations or algorithms; they are reflections of the human condition, capturing our hopes, fears, and aspirations in the pursuit of prosperity."

Business and Economics Economic Policy Political Philosophy History of Science

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What Readers Say About This Book

This book offers a comprehensive account of the builders and building blocks of modern mainstream economics. Jrg Niehans shows how the analytical tools used by economists have evolved from the eighteenth century to the present, and he describes economic theory in the model-building era, from Pigou and Keynes to Rational Expectations.

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Key Points from A History of Economic Theory

In "A History of Economic Theory," Niehans presents a compelling thesis that underscores the dual drivers of economic theory's evolution: economic realities and philosophical shifts. One of the vivid examples he discusses is the transition from feudal economic structures to early capitalist frameworks during the Renaissance, a period that not only shifted economic practices but also transformed philosophical views on individualism and market dynamics. Niehans highlights how the work of Adam Smith marked a philosophical turn towards rational self-interest, which was revolutionary in shaping modern economic thought and aligning with the Enlightenment's ideals of reason and autonomy. This connection is significant as it illustrates how economic paradigms are not developed in isolation; instead, they are deeply rooted in the prevailing societal and philosophical currents. By tracing these historical perspectives, Niehans promotes a holistic understanding of contemporary economic complexities, emphasizing that current issues such as globalization and technological disruption cannot be fully grasped without acknowledging the historical interplay between economics and philosophy. Thus, his work supports the broader theme of interconnectivity in economic theory, prompting readers to consider how past ideologies influence present-day economic frameworks.

About the Author

Jürg Niehans

Jürg Niehans is a distinguished Swiss economist and author, renowned for his influential contributions to the fields of monetary theory and economics. He is best known for his seminal works, including 'A History of Money and Banking' and 'The Economics of Currency'. Niehans' writing is characterized by its analytical depth and clarity, making complex economic concepts accessible to a wider audience. His research has greatly impacted the understanding of monetary systems and policy, earning him recognition among scholars and practitioners alike.

Book Details

Key information about the book.

Authors: Jürg Niehans
Published: October 1994
Publisher: Johns Hopkins University Press
ISBN: 0801849764
Language: English
Pages: 592
Genres: Political PhilosophyBusiness and EconomicsEconomic PolicyHistory of Science

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“Economic theories are not merely equations or algorithms; they are reflections of the human condition, capturing our hopes, fears, and aspirations in the pursuit of prosperity.”

A History of Economic Theory

By Jürg Niehans

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Key Points from A History of Economic Theory

In "A History of Economic Theory," Niehans presents a compelling thesis that underscores the dual drivers of economic theory's evolution: economic realities and philosophical shifts. One of the vivid examples he discusses is the transition from feudal economic structures to early capitalist frameworks during the Renaissance, a period that not only shifted economic practices but also transformed philosophical views on individualism and market dynamics. Niehans highlights how the work of Adam Smith marked a philosophical turn towards rational self-interest, which was revolutionary in shaping modern economic thought and aligning with the Enlightenment's ideals of reason and autonomy. This connection is significant as it illustrates how economic paradigms are not developed in isolation; instead, they are deeply rooted in the prevailing societal and philosophical currents. By tracing these historical perspectives, Niehans promotes a holistic understanding of contemporary economic complexities, emphasizing that current issues such as globalization and technological disruption cannot be fully grasped without acknowledging the historical interplay between economics and philosophy. Thus, his work supports the broader theme of interconnectivity in economic theory, prompting readers to consider how past ideologies influence present-day economic frameworks.

A History of Economic Theory

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What Readers Say About This Book

The Mike & Casey Show

Key Points from A History of Economic Theory

About the Author

Jürg Niehans

Book Details

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Similar books you might like →

The Lord of the Rings

The Culture Code

The Road to Serfdom

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The Wealth of Nations

The Spanish Cockpit

This Could be Our Future

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