In 'A History of Economic Theory', Jürg Niehans takes readers on a captivating journey through the evolution of economic thought. From ancient philosophies to contemporary paradigms, the book unravels how ideas have shaped economic practices across cultures and eras. With each chapter, Niehans reveals the intellectual battles and breakthroughs that have defined the discipline. Rich in historical context, this work challenges readers to consider the relevance of past theories in today's economy. Dive into this scholarly adventure and discover how the past continually influences our understanding of wealth and value.
By Jürg Niehans
Published: 1994
"Economic theories are not merely equations or algorithms; they are reflections of the human condition, capturing our hopes, fears, and aspirations in the pursuit of prosperity."
This book offers a comprehensive account of the builders and building blocks of modern mainstream economics. Jrg Niehans shows how the analytical tools used by economists have evolved from the eighteenth century to the present, and he describes economic theory in the model-building era, from Pigou and Keynes to Rational Expectations.
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“Economic theories are not merely equations or algorithms; they are reflections of the human condition, capturing our hopes, fears, and aspirations in the pursuit of prosperity.”
A History of Economic Theory
By Jürg Niehans
Discover a world of knowledge through our extensive collection of book summaries.
Jürg Niehans is a distinguished Swiss economist and author, renowned for his influential contributions to the fields of monetary theory and economics. He is best known for his seminal works, including 'A History of Money and Banking' and 'The Economics of Currency'. Niehans' writing is characterized by its analytical depth and clarity, making complex economic concepts accessible to a wider audience. His research has greatly impacted the understanding of monetary systems and policy, earning him recognition among scholars and practitioners alike.
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