Concise History of Economic Thought

GIANNI VAGGI is Professor of Development Economics at the University of Pavia, Italy where he is also the Director of the European School of Advanced Studies in Cooperation and Development. He has published a large number of articles as well as two books: The Economics of Francois Quesnay and From the Debt Crisis to Sustainable Development.PETER GROENEWEGEN is Emeritus Professor of Economics at the University of Sydney, Australia. He has published a number of books on the history of economic thought, including a widely acclaimed biography of Alfred Marshall, a collection in translation of Turgot's major writings on economics, and three volumes of his essays on the history of economics. As Director of the Centre for the Study of the History of Economic Thought from 1989 to 2003, he edited several volumes of conference proceedings on subjects ranging from economics and ethics, to women and economics, and physicians and political economy, as well as a series of reprints of economic classics. In 2005 his services to the subject were recognised by both the History of Economics Society which named him as one of its distinguished fellows, and the European Society of the History of Economic Thought which made him one of its honorary members.

• Foreword; S.G.Medema PART I: CLASSICAL POLITICAL ECONOMY, 1600-1870 Seventeenth Century Pioneers Development in French Economics Towards a Mature Classical Political Economy The First Full Systems of Classical Political Economy The 'Golden Age' of Classical Political Economy PART II: MODERN DEVELOPMENTS, 1870-1960 The First Generation The Development of Marginalist Economics: Distribution and Capital Theory Pioneers of Macro-Economics Further Developments in Micro-Economics The Foundations of Modern Macro-Economics

' A Concise History of Economic Thought is exactly the book I have always wanted to prescribe for undergraduate classes in the history of economic thought. Written by two eminent scholars, it provides a clear convincing outline of the principal developments in our discipline combined with clear, absorbing accounts of the major episodes, contributors and their contributions on the way. It is an authoritative and definitive text, a wonderful read, an example of mature scholarship at its best, backed up by well chosen additional readings in each chapter.' - G.C. Harcourt, Jesus College, Cambridge, UK