What do the economic theories of thought-leaders in economics, such as Smith, Keynes, Marx and Schumpeter, tell us about globalisation in the twenty-first century? Great economic theories have provided a narrative of how society should work in all its aspects, and can offer renewed usefulness for today's society. Each economic theory is presented for easy access, readability and simplicity; explaining the criticism a particular theory poses against its own contemporary environment, such as the poverty produced by Manchester capitalism in Marx, and then applying those historical lessons to our current time. Should some economic theories be left sitting on a shelf, safely without any impact on us, or do some great economic ideas still have something to contribute to the grand quest for a more just society in its many interpretations?
Author(s): Thomas Hoerber, Alain Anquetil
Publisher: Palgrave Macmillan
Year: 2019
Language: English
Pages: 270
Tags: History Of Economic Thought/Methodology
Front Matter ....Pages i-xv
Introduction (Thomas Hoerber, Alain Anquetil)....Pages 1-17
The Social Liberalism of John Stuart Mill (Alain Anquetil)....Pages 19-40
Karl Marx’s Communism and Critique of Capital (Paul Prew)....Pages 41-71
Edmund Burke’s Liberalism (Thomas Hoerber)....Pages 73-100
The Free Liberalism of Adam Smith (Alain Anquetil)....Pages 101-123
Economic Cycles by Josef Schumpeter (Assen Slim)....Pages 125-142
The Bancor and International Trade Possibilities of John Maynard Keynes (David Rees)....Pages 143-168
The Roots of Neoliberalism in Friedrich von Hayek (Thomas Hoerber)....Pages 169-194
Elinor Ostrom or the Revolution of the Commons (Fanny Verrax)....Pages 195-219
The Ecological Economy of Georgescu-Roegen (Gabriel Weber, Ignazio Cabras)....Pages 221-238
Conclusion (Alain Anquetil, Thomas Hoerber)....Pages 239-257
Back Matter ....Pages 259-262
