An Outline of the History of Economic Thought
by Ernesto Screpanti (Author), Stefano Zamagni (Author)
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Paperback: 456 pages
Publisher: Oxford University Press, USA (2005)
Language: English
ISBN-10: 0198774559
ISBN-13: 978-0198774556

Review
`The scope of this book is vast ... The strength of the book is that it provides a clear, non-technical account of some of the most important recent developments in economic theory ... the book makes stimulating reading and provides a useful addition to the literature on this subject.' Times Higher Education Supplement

`Stefano Zamagni, 51, is considered a world expert on economics and recently even became a consultant to the anti-Mafia agency of the Italian government. Considered one of Italy's most brilliant economists.' Paul Bompard, Times Higher Education Supplement

`A useful text for history of economic thought courses, particularly due to their extensive coverage of the development in economic theory in the last 50 years ... this text serves an important function of a history of economic thought, namely, to make its readers more critical of the wisdom in vogue.' Kyklos

Book Description
This book provides a comprehensive overview of the development of economics from its beginnings, at the end of the Middle Ages, up to contemporary developments, including a number of significant contributions of the 1980s. The economic thought of the last 50 years has been given particular attention to reflect the remarkable growth in research accomplished during this period. The authors present traditional as well as modern theories as part of a historical process. Thus they have not only surveyed economic thought from a theoretical perspective, but have also reconstructed the intellectual climate from which new economic theories have emerged. The book therefore takes a history-of-ideas approach, whose principal aims consist, on the one hand, of understanding the context in which the ideas are formed, and, on the other, of explaining how the fundamental ideas lead to the creation of particular theoretical systems.