Alessandro Roncaglia – The Wealth of Ideas

Description

Book Description

Eloquently written and scientifically rigorous, this properly documented 2005 guide traces the historical past of financial thought from antiquity to the current day. It focuses on completely different views of the financial system and society and on their evolution over time, and critically evaluates the scarcity-utility method as compared with the Classical/Keynesian method.

The Wealth of Ideas, first printed in 2005, traces the historical past of financial thought, from its prehistory (the Bible, Classical antiquity) to the current day. In this eloquently written, scientifically rigorous and properly documented guide, chapters on William Petty, Adam Smith, David Ricardo, Karl Marx, William Stanley Jevons, Carl Menger, Léon Walras, Alfred Marshall, John Maynard Keynes, Joseph Schumpeter and Piero Sraffa alternate with chapters on different vital figures and on debates of the interval. Economic thought is seen as creating between two reverse poles: a subjective one, primarily based on the concepts of shortage and utility, and an goal one primarily based on the notions of bodily prices and surplus. Professor Roncaglia focuses on the completely different views of the financial system and society and on their evolution over time and critically evaluates the foundations of the scarcity-utility method as compared with the Classical/Keynesian method.