History Of Economic Thought 3rd Edition by E. K. Hunt (Author), Mark Lautzenheiser

History of Economic Thought (3rd Edition)
by E. K. Hunt and Mark Lautzenheiser

Quality :  Black White Paper

The third edition of History of Economic Thought by E. K. Hunt and Mark Lautzenheiser is a comprehensive and engaging text that explores the development of economic ideas from ancient to modern times. The book offers an in-depth analysis of key thinkers, schools of thought, and the intellectual evolution of economics, presenting historical context to the major theories that have shaped modern economic thought.

This updated edition provides a detailed exploration of the classical, neoclassical, and Keynesian schools, as well as insights into Marxist and institutional economics. The authors present economic theories within the broader social, political, and historical context, helping readers understand the reasons behind the development of economic ideas and their lasting impact.

Key Features:

1. Updated and Expanded Content:
   The third edition includes new material and expanded discussions on contemporary economic thought, including insights into modern debates and economists who have influenced recent economic theory.

2. Comprehensive Coverage of Economic Schools:
   The book covers a wide range of economic schools of thought, including Classical Economics, Neoclassical Economics, Marxian Economics, Keynesian Economics, and Institutional Economics, among others.

3. Biographical Profiles of Key Economists:
   The book includes profiles of influential economists, such as Adam Smith, Karl Marx, John Maynard Keynes, Milton Friedman, and others, examining their lives, ideas, and contributions to the field.

4. Historical Context:
   The authors emphasize the historical context in which economic theories developed, helping readers understand the socio-political and economic conditions that shaped different schools of thought.

5. Engaging and Accessible:
   The writing style is accessible, making complex ideas understandable for both students and general readers. The book uses clear explanations and examples to illustrate difficult concepts.

6. Pedagogical Features:
   The text includes discussion questions, summaries, and case studies at the end of each chapter to help reinforce learning and stimulate critical thinking.

Book Structure:

The book is structured into chapters that provide a chronological overview of the history of economic thought:

1. The Ancients and the Medievals

2. The Rise of Classical Economics

3. The Development of Neoclassical Economics

4. Marxism and Its Influence

5. The Keynesian Revolution and Its Critics

6. Post-Keynesian and Institutional Economics

7. Modern Economics and New Directions

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Writer                 ✤               E. K. Hunt (Author), Mark Lautzenheiser