Although this review is limited to general considerations because of the unusual size of the reviewed book, we believe it presents all the fundamental attributes of a book that is essential to studying the
history of economic thought. Moreover, it provides a comprehensive and complex history of the evolution of economic science, something that no other book does.
Or What 'We' Can Learn from Capital Controversy Even If We Don't Care Who Won." Journal of the
History of Economic Thought, 32(1): 1-21.
Desai's book is an important contribution to contemporary economics as well as the
history of economic thought that many will greatly profit from reading.
The discussion is put in the context of economic history and the
history of economic thought.
History of economic thought is a neglected academic area of necessary contextualizing of knowledge which provides a more sufficient working compass.
The principle focus of "Defending the
History of Economic Thought" is the crucial importance of the
history of economic thought in the study of economics itself; without its history at the core of the curriculum, academician and economist Steven Kates (School of Economics, Finance and Marketing, RMIT University, Melbourne, Australia) persuasively contends that economics is "a lesser subject, less penetrating, less interesting and of much less social value".
I want to teach them some
history of economic thought. One paper that I hope to discuss in this context is Nicola Giocoli's new working paper, entitled "British economists on competition policy (1890-1920)".
(1968), The Theory of Economic Development in the
History of Economic Thought, Macmillan, London, p.
This is an indication Rand had some inkling of the long Catholic philosophical tradition that includes the proto-history of the earliest free-market economists, of which Murray Rothbard's
History of Economic Thought is the definitive treatment.
Economics Evolving: A
History of Economic Thought. By Agnar Sandmo, Princeton, NJ, Princeton University Press, 2011, 489 pp., $45.00/ paperback.