This major book presents, for the first time, an authoritative history of developments in macroeconometric modelling since the 1930s. It focuses in particular on the construction of mathematico-statistical models of entire economies, est...
The methodology of economics has long been dominated by the writings of Karl Popper and Imre Lakatos, two outstanding philosophers of science in the post-war period. This major new book focuses on the application of Lakatosian principle...
This book brings together, for the first time, essays written as a contribution to the supply side revolution in Britain. Some focus on monetary and fiscal policy, while others deal with the principles and mechanisms for supply side ref...
Mark Blaug has made a seminal contribution to economic methodology, the history of economic thought and the economics of education. This volume celebrates Professor Blaug’s achievement with a series of high quality essays, written by a ...
This title is concerned with periods of very rapid inflation in the period before 1950 and shifts the emphasis from hyperinflation as commonly defined to a wider range of experience. It examines the source and origins of these inflation...
This title focuses on the importance of the history of economic thought as an intellectual discipline. It counters the arguments of some contemporary economists who describe it as studying the mistakes of the past. However, all the gre...
Aristotle has rightly been called a ‘universal genius’. Whilst his work in economics was not fundamental, it has nevertheless attracted an enormous literature. This is particularly true of some passages in his ‘Politics’ on the ‘Natura...
Thomas Aquinas is generally acknowledged to be the greatest theologian of the Middle Ages and his masterpiece, ‘Summa Theologica’, provides a complete and authoritative statement of medieval economic thought that has remained the officia...
The Mercantilist School never presented a common front but is associated with a common outlook: the idea of specie or bullion as the essence of wealth and the notion that a positive balance of trade is an index of national welfare. It i...
This volume presents critical writings on the work of the later mercantilists. Sir Josiah Child was elected a governor of the East India Company in 1681. His reputation as an economist rests on his book ‘A New Discourse of Trade’ publis...
Charles Davenant was one of the leading economic pamphleteers of the 1690s. He frequently developed general principles, some of which sound almost like the early writings of Adam Smith. He was, however, a Mercantilist in the sense that...
Pierre le Pesant Boisguilbert was considered by Marx as one of the founders of classical political economy. His writings contain a large number of concepts and ideas that reappear in the writings of Quesnay, Cantillon and Adam Smith. G...
