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Four Central Theories of the Market Economy - Conception, evolution and application (Hardcover)
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Four Central Theories of the Market Economy - Conception, evolution and application (Hardcover)
Series: Routledge Studies in the History of Economics
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This highly original work offers an intellectual history of four
central theories underlying the market economic system, focusing on
their conception, evolution, and applications. Four Central
Theories of the Market Economy traces the root of the theories,
their conception and articulation, as well as their evolutions to
the present time. It focuses on the four theories that are
generally recognized as fundamental to the discipline of economics:
the invisible hand, comparative advantage, the law of markets, and
the quantity theory of money. These theories have profoundly
influenced the world. Chapters explore their rich intellectual
history from classical Greece to today, drawing on the original
works of the great economic minds of the classical era and other
thinkers who prepared the path for them, as well as those who
refined their works or challenged them. This volume will leave the
reader with a deep understanding of these pillars of the market
economic system in the context of their historical development.
This book will be of great interest to all scholars and students of
economics who are interested in the intellectual history of their
discipline as well as scholars and students of intellectual history
who are interested in economics.
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