A Modern Guide To Economic Thought

Download or read book A Modern Guide to Economic Thought written by Douglas Mair and published by Edward Elgar Pub. This book was released on 1991-01 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive introduction to the main schools of contemporary economic thought, presenting the current state of each school in its own terms, indicating its raison d'être, why each school thinks as it does and the questions to which it is trying to find answers. There is an introductory chapter on the philosophy and methodology of economics and separate chapters on the Austrian, neo-Classical, Chicago, Keynesian, post-Keynesian, Institutionalist/Evolutionary and Radical/Martian schools each written by an economist with specialist knowledge of the particular school. the book explains in straight-forward terms the ideologies, methodological practices, issues, assumptions, evidence and conclusions in a positive and constructive way. Summaries are provided to allow readers to establish the principal features of each school.