The History of Economic Ideas: Economic Thought in Contemporary Context

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Routledge, 2017 - Economic history - 252 pages
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Cover -- Half Title -- Title Page -- Copyright Page -- Table of Contents -- List of Illustrations -- 1 An Overview of the History of Economic Ideas -- Why Study the History of Economic Ideas? -- A Very Brief Summary of 2,000 Years of Economic Ideas -- Notes -- References -- Suggestions for Further Reading and Online Resources -- 2 The Ethical Foundations of Economics -- Chapter Overview -- The Idea of Justice in Ancient Economic Thought -- Ethics and Economics in the Scholastic Tradition -- Adam Smith's Moral Philosophy -- Modern Welfare Economics: Pareto Efficiency and Social Welfare -- The Ethical Perspectives of Rawls and Sen -- Insights from Behavioral and Experimental Economics -- Chapter Conclusion -- Questions for Review and Discussion -- Notes -- References -- 3 Property Rights from Plato to the 21st Century -- Chapter Overview -- Theories of Property Rights in the Ancient World -- The Idea of Property in the Middle Ages -- Property Rights in the Age of Enlightenment and Classical Economics -- Karl Marx's Challenge to the Private Property System -- Modern Perspectives on Property Rights -- Chapter Conclusion -- Questions for Review and Discussion -- Notes -- References -- 4 The Emergence of Modern Price Theory -- Chapter Overview -- Aristotle's Legacy: Justice in Exchange -- Just Price in the Roman Law Tradition -- The Just Price Concept in Scholastic Economic Thought -- Pre-Classical Theories of Value: Petty, Cantillon, and the Physiocrats -- The Labor Theory of Value in Classical Economics -- The Marginalist Revolution -- Toward Modern Price Theory: Alfred Marshall's Synthesis -- Chapter Conclusion -- Questions for Review and Discussion -- Notes -- References -- 5 Money, Lending, and Interest -- Chapter Overview -- Money and Usury in the Ancient Scholarship -- Money and Interest in Early Islamic and Christian Scholarship

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About the author (2017)

Brandon Dupont is Associate Professor of Economics at Western Washington University, USA, where he teaches economic history, political economy, and the history of economic thought. His research interests include a variety of topics in American economic history and the history of economic thought.

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