Four Central Theories of the Market Economy: Conception, evolution and application

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Farhad Rassekh

Four Central Theories of the Market Economy

Conception, evolution and application

Farhad Rassekh

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English

Routledge
12 December 2019

Economic theory & philosophy; Economic history

Series: Routledge Studies in the History of Economics

This highly original work offers an intellectual history of four central theories underlying the market economic system, focusing on their conception, evolution, and applications.

Four Central Theories of the Market Economy traces the root of the theories, their conception and articulation, as well as their evolutions to the present time. It focuses on the four theories that are generally recognized as fundamental to the discipline of economics: the invisible hand, comparative advantage, the law of markets, and the quantity theory of money. These theories have profoundly influenced the world. Chapters explore their rich intellectual history from classical Greece to today, drawing on the original works of the great economic minds of the classical era and other thinkers who prepared the path for them, as well as those who refined their works or challenged them. This volume will leave the reader with a deep understanding of these pillars of the market economic system in the context of their historical development.

This book will be of great interest to all scholars and students of economics who are interested in the intellectual history of their discipline as well as scholars and students of intellectual history who are interested in economics.

By: Farhad Rassekh
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 234mm, Width: 156mm,
Weight: 453g
ISBN: 9780367867195
ISBN 10: 0367867192
Series: Routledge Studies in the History of Economics
Pages: 198
Publication Date: 12 December 2019
Audience: College/higher education , Primary , A / AS level
Format: Paperback
Publisher's Status: Active

Farhad Rassekh is a Professor of Economics at the University of Hartford, USA.