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Download e-book for kindle: A Companion to the History of Economic Thought (Blackwell by John B. Davis, Warren J. Samuels, Jeff E. Biddle

By John B. Davis, Warren J. Samuels, Jeff E. Biddle

ISBN-10: 0631225730

ISBN-13: 9780631225737

Assembling contributions from best thinkers within the box, this significant other deals a accomplished and complex exploration of the background of monetary suggestion. the quantity has a threefold concentration: the heritage of financial inspiration, the historical past of economics as a self-discipline, and the historiography of monetary thought.• offers subtle introductions to an unlimited array of topics.• makes a speciality of a different diversity of themes, together with the historical past of financial proposal, the heritage of the self-discipline of economics, and the historiography of financial proposal.

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Additional resources for A Companion to the History of Economic Thought (Blackwell Companions to Contemporary Economics)

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In Xenophon’s Banquet (VII, 1–5) a Syracusan impresario challenges Socrates to validate his reputation as a theorist. Socrates obliges by pointing out that since the impresario seeks to entertain, having his slave boy do acrobatics over swords is inefficient. The increment in entertainment value is trivial, while the increased risk of injury to the boy is great. This comparison of marginal revenue with marginal cost as a formal analytic contribution has been ignored by modern classicists and economists alike.

1, p. 388, n. 1). Marx distinguished the workshop from the mechanized factory when characterizing modern economics. “Bourgeois exchange,” as opposed to simple specialization, was what made the social division of labor possible (Marx, 1847, pp. 128–39). Classical scholars such as Finley have ignored this distinction when rejecting the importance of Xenophon’s exposition, which Marx accepted as important to political economy. The undue emphasis on quality by analysts of Xenophon’s discussion is put in serious question by his shoemaking illustration.

209–67. Paris, D. 1998: An economic look at the Old Testament. In Lowry and Gordon, op. , pp. 39–104. Pomeroy, S. B. 1994: Xenophon Oeconomicus: A Social and Historical Commentary with a New English Translation. Oxford: The Clarendon Press. Postan, M. 1928: Credit in medieval trade. Economic History Review, 1(2), 234–61 (on money). Reader, J. 1998 [1997]: Africa: The Biography of a Continent. New York: Alfred A. Knopf, 29–105. First published London: Hamish Hamilton. Rogers, J. S. 1995: The Early History of the Law of Bills and Notes: A Study of the Origins of Anglo-American Commercial Law.

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A Companion to the History of Economic Thought (Blackwell Companions to Contemporary Economics) by John B. Davis, Warren J. Samuels, Jeff E. Biddle

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