Economic Thought - Kurz, Heinz D.
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In this concise and strategic history, Heinz D. Kurz selects major moments in the development of economic ideas to portray the growth of the field and how economic insights are acquired, lost, and reborn. His timeline focuses on the dynamic individuals who give old ideas new life and the historical events that provoke the combination and recombination of different approaches and theories. Kurz takes the reader from ancient Greece to classical economics to the visionary work of Kenneth J. Arrow and Amartya Sen. Among many other topics, he explains what Adam Smith meant by an "invisible hand";…mehr

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Produktbeschreibung
In this concise and strategic history, Heinz D. Kurz selects major moments in the development of economic ideas to portray the growth of the field and how economic insights are acquired, lost, and reborn. His timeline focuses on the dynamic individuals who give old ideas new life and the historical events that provoke the combination and recombination of different approaches and theories. Kurz takes the reader from ancient Greece to classical economics to the visionary work of Kenneth J. Arrow and Amartya Sen. Among many other topics, he explains what Adam Smith meant by an "invisible hand"; how Karl Marx's "law of motion" works in capitalist economies; the roots of Austrian economists' emphasis on the problems of information, incomplete knowledge, and uncertainty; and John Maynard Keynes's principle of effective demand and economic stabilization.
Autorenporträt
Heinz D. Kurz ist Professor für Volkswirtschaftslehre an der Karl-Franzens-Universität Graz und Leiter des Graz Schumpeter Centre. Er hat zahlreiche Aufsätze und Bücher veröffentlicht, etliche darunter sind in mehrere Sprachen übersetzt worden. Er war Gastprofessor an zahlreichen Universitäten und ist Herausgeber zweier Fachzeitschriften.
Rezensionen
"An enjoyable and well-organized history of economic thought, which will attract many readers to this highly readable treatise on the "dismal science"." - Amartya Sen, Harvard University