TY - BOOK AU - Hunt E K & Lautzenheiser, Mark TI - History of economic thought: a critical perspective SN - 978-8120344020 U1 - 330.09 HUN PY - 2011/// CY - New Delhi PB - PHI KW - Economics - History N1 - Rs.395/-; Introduction -- Economic ideas before Adam Smith -- Adam Smith -- Thomas Robert Malthus -- David Ricardo -- Rationalistic subjectivism: the economics of Bentham, Say, and Senior -- Political economy of the poor: the ideas of William Thompson and Thomas Hodgskin -- Pure versus eclectic utilitarianism: the writings of Bastiat and Mill -- Karl Marx -- The triumph of utilitarianism: the economics of Jevons, Menger, and Walras -- Neoclassical theories of the firm and income distribution: the writings of Marshall, Clark, and Böhm-Bawerk -- Thorstein Veblen -- Theories of imperialism: the writings of Hobson, Luxemburg, and Lenin -- Consummation, consecration, and destruction of the invisible hand: neoclassical welfare economics -- Neoclassical ideology and the myth of the self-adjusting market: the writings of John Maynard Keynes -- Annulment of the myth of the measurable productivity of capital: the writings of Piero Sraffa -- Contemporary economics I: the bifurcation of orthodoxy -- Contemporary economics II: institutionalism and post-Keynesianism -- Contemporary economics III: the revival of critical political economy N2 - The new edition of this classroom classic retains the organizing theme of the original text, presenting the development of thought within the context of economic history. Economic ideas are framed in terms of the spheres of production and circulation, with a critical analysis of how past theorists presented their ideas. This third edition is more accessible to both undergraduate and graduate level courses with the placement of more formal presentations within appendices. The text also develops more fully the ideas of some of the early post-Keynesians, such as Joan Robinson, Nicholas Kaldor, and Roy Harrod, while the last three chapters are brought up-to-date by including the Great Recession of 2007-2009 ER -