Rima I.H. Development of economic analysis

Routledge, 2001. – 600 p. – 6th ed. – ISBN: 0415772923, 0203439252, 0203747496, 0415232961, 041523297XWhen the first edition of Development of Economic Analysis was published in 1967, economists had already established their discipline as ‘scientific,’ in the mathematical style in which they presented their arguments, which were quite explicitly modeled to become joined to quantitative research. That the new style of economic discussion and communication leaned in this direction was partly a reflection of the influx of mathematicians, physicists and engineers into the profession. It also reflected the shift of focus in the allocation of research funds during the Great Depression, by such well-endowed organizations as the Rockefeller Foundation, toward ‘scientific’ endeavors. Thus, by the late 1960s the discursive non-mathematical style of textbooks in the history of economic thought made them appear outmoded compared with the increasingly formal presentations in other textbooks that had, by then, become focused on micro- or macroeconomic analysis.Preface to the sixth edition
Preclassical Economics
Early masterworks as sources of economic thought
The origins of analytical economics
The transition to classical economics
Classical Economics
Physiocracy: the beginning of analytical economics
Adam Smith: from moral philosophy to political economy
Thomas Malthus and J.B. Say: the political economy of population behavior and aggregate demand
David Ricardo and William Nassau Senior: income shares and their long-term tendencies
Ricardo, Senior and John Stuart Mill: international trade, monetary theory and method in economic science
Classical theory in review: from Quesnay to McCulloch
The Critics of Classicism
Socialism, induction, and the forerunners of marginalism
Karl Mars: an inquiry into the 'Law of Motion' of the capitalist system
'First-generation' marginalists: Jevons, Walras, and Menger
'Second-generation' marginalists and the Austrian School
The Neoclassical Tradition, 1890-1945
Alfred Marshall and the neoclassical tradition
Chamberlin, Robinson, and other price theorists
The 'new' theory of welfare and consumer behavior
Neoclassical monetary and business-cycle theorists
The Dissent from Neoclassicism, 1890-1945
The dissent of American Institutionalists
The economics of planning: socialism without Marxism
J. M. Keynes's critique of the mainstream tradition
Keynes's theory of employment, output, and income; Harrod's dynamic interpretation
Beyond High Theory
The emergence of econometrics as the sister discipline of economics
Keynesians, neo-Walrasians, and monetarists
The analytics of economic liberalism: the Chicago tradition
Competing paradigms in contemporary economics
Index of names
Index of subjects