A Brief History of Economic Thought

This book provides an insightful overview of economic thought's evolution, offering valuable perspectives for students and general readers alike. A Brief History of Economic Thought is essential for understanding past and present economic theories.

In A Brief History of Economic Thought, Professor Alessandro Roncaglia provides a thorough overview of the evolution of economic ideas from classical antiquity to contemporary times. This updated adaptation of his acclaimed work, The Wealth of Ideas, serves as an accessible introduction for both students and general readers interested in the development of economic theory. Roncaglia's clear and concise writing style makes complex concepts easier to understand, offering insights into the debates that have shaped economic thought over centuries.

The book delves into the contributions of key economic theorists, such as William Petty, Karl Marx, and John Maynard Keynes, while also exploring significant figures and pivotal discussions throughout various historical periods. Roncaglia critically assesses the foundational differences between the marginalist-neoclassical approach, which emphasizes scarcity and utility, and the Classical-Keynesian perspective. This comparative analysis enriches the reader's understanding of how economic thought has evolved, reflecting broader societal changes and intellectual challenges.

Overall, A Brief History of Economic Thought is not only a valuable resource for undergraduate and graduate students but also for anyone intrigued by the historical context of economic theories. The book encourages readers to appreciate the complexities of economic discussions and their relevance to modern economic issues, making it an essential read for those looking to grasp the development of economic ideas over time.