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Building on the Groenewegen's respected collection of eighteenth century economics, this new book focuses on the nineteenth and early twentieth centuries and includes several essays that have never been previously published.
First published in 1973. This is the second edition and nine years after when The Age of Marshall was first published. The period 1890-1915 in the history of British Economic Thought may aptly be described as the Age of Marshall. His influence as teacher, and his ideas as presented in the Principles of Economics (1890) and other writings, stimulated and often dominated the ideas and writings of most of the younger economists of the period. His ideas also provided a theoretical basis for increasing state intervention in economic life of the community in Britain and thus helped the Liberal Government of Great Britain lay the foundations of a Welfare State.
A quarterly review of religion, theology, and philosophy.
How do economists tackle the problems of the economic system and give advice on public policy? Nobel laureate R.H. Coase reflects on some of the most fundamental concerns of economists over the past two centuries. In 15 essays, Coase explore the history and philosophy of economics and evaluates the contributions of a number of outstanding figures.