Four Central Theories Of The Market Economy: Conception, Evolution And Application by Farhad RassekhFour Central Theories Of The Market Economy: Conception, Evolution And Application by Farhad Rassekh

Four Central Theories Of The Market Economy: Conception, Evolution And Application

byFarhad RassekhEditorFarhad Rassekh

Hardcover | June 20, 2016

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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 Economytraces 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.

Farhad Rassekhis a Professor of Economics at the University of Hartford, USA.
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Title:Four Central Theories Of The Market Economy: Conception, Evolution And ApplicationFormat:HardcoverDimensions:218 pages, 9.41 × 7.24 × 0.98 inPublished:June 20, 2016Publisher:Taylor and FrancisLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0415622026

ISBN - 13:9780415622028

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Table of Contents

Acknowledgments

Introduction

Chapter 1: The Invisible-Hand Proposition

Chapter 2: The Theory of Comparative Advantage

Chapter 3: The Law of Markets

Chapter 4: The Quantity Theory of Money