| Description |
1 online resource (207 pages) |
| Series |
Routledge Pluralist Introductions to Economics Ser |
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Routledge Pluralist Introductions to Economics Ser
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| Contents |
Cover; Half Title; Title Page; Copyright Page; Dedication Page; Table of Contents; List of figures; Preface; Acknowledgments; Part I Economics: A pluralistic definition; Chapter 1 What is economics?: The answer depends on who you ask; 1.0 Chapter 1 learning goals; 1.1 Why economics matters: Economic policy; 1.2 How does the economy affect your life?; 1.3 Why take a pluralistic approach to the study of economics?; 1.4 Economic methodology: How to "do" economics; 1.5 Methodology in microeconomics: Amazon.com and consumer behavior |
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1.6 The Scientific Method in economics: How scientific can economics be?1.7 Macroeconomic analysis of economic crises; 1.8 The rich social science of economics; 1.9 Conclusion; Questions for review; Chapter 2 Scarcity, choice, and opportunity cost: The mainstream approach, the PPC model, the limits of this approach, and the importance of institutions; 2.0 Chapter 2 learning goals; 2.1 Scarcity, choice, and opportunity cost; 2.2 The production possibilities curve: A simple, mainstream model; 2.3 The specialization of resources; 2.4 Shifts in the production possibilities curve |
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2.5 Capital goods, consumer goods, and economic growth2.6 A political economy critique of scarcity and choice in mainstream economics; 2.7 Institutional analysis: A political economy approach to the study of resource allocation; 2.8 Conclusion; Questions for review; Part II The evolution of economic ideas and systems; Chapter 3 The evolution of pre-capitalist economic systems: From communal societies to empires, feudalism, and mercantilism; 3.0 Chapter 3 learning goals; 3.1 Traditional economies: Ancient hunter-gatherer societies |
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3.2 Agriculture and the establishment of cities, social classes, and slave- based empires3.3 The economic system of the Roman Empire; 3.4 Feudalism and the manor economy in western Europe; 3.5 The forces behind the decline of feudalism and the rise of markets; 3.6 Mercantilism and the uneasy beginnings of capitalism; 3.7 Conclusion; Questions for review; Chapter 4 Adam Smith and the rise of capitalism: The era of laissez-faire; 4.0 Chapter 4 learning goals; 4.1 The Industrial Revolution and capitalism in England; 4.2 Adam Smith, laissez-faire capitalism, and Smith's critique of mercantilism |
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4.3 Smith's idealized picture of a capitalist system4.4 From supporting the poor to laissez-faire capitalism; 4.5 The rise of the factory and the "double movement"; 4.6 Conclusion; Questions for review; Chapter 5 Karl Marx and the dark ages of capitalism: Historical materialism, surplus value, and the exploitation of labor; 5.0 Chapter 5 learning goals; 5.1 Infant industry protection and the spread of capitalism in Europe and the United States; 5.2 The conditions of workers under capitalism in the 1800s; 5.3 Karl Marx, historical materialism, and class conflict |
| Summary |
In order to fully understand the evolution and future growth of economic systems, we must draw on the lessons of economic history. The 2008 Financial Crisis, for example, mirrored past economic meltdowns with uncanny accuracy. Just like the Great Depression of the 1930s and the Savings andLoan Crisis of the 1980s, it featured deregulated lenders taking incredible risks with other people's money. Historical analysis is crucial to understanding trends and patterns that can help us predict the future. This text presents a ground-breaking, pluralistic introduction to economic history and the history of economic thought. Tracing the development of economic systems and economic thought, the text introduces students to the story from ancient times to contemporary capitalism, and also its critics. Focusing in particular on Smith, Marx, Veblen, and Keynes, the text encourages students to consider which ideas and systems are still relevant in the modern world. This book can be used as a standalone text for relevant classes or as a supplement in any principles course |
| Notes |
5.4 Surplus value and the exploitation of labor |
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Print version record |
| Subject |
Economics -- History.
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Economics.
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economics.
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BUSINESS & ECONOMICS -- Economic History.
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BUSINESS & ECONOMICS -- Economics -- Theory.
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ecological.
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economic history.
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feminist.
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heterodox economics.
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history of economic thought.
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institutional.
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Marxist.
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Post-Keynesian.
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pluralism.
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pluralist.
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Economics
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| Genre/Form |
History
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| Form |
Electronic book
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| ISBN |
9780429678899 |
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0429678894 |
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9780429678882 |
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0429678886 |
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9780429678875 |
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0429678878 |
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9780429399367 |
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0429399367 |
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