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by Thomas Sowell

  • ISBN: 0691042012
  • Category: Money & Business
  • Author: Thomas Sowell
  • Subcategory: Economics
  • Other formats: doc lit txt lrf
  • Language: English
  • Publisher: Princeton University Press; Revised ed. edition (December 21, 1974)
  • Pages: 160 pages
  • FB2 size: 1334 kb
  • EPUB size: 1668 kb
  • Rating: 4.1
  • Votes: 515
Download Classical Economics Reconsidered fb2

Classical Economics Reconsidered book.

Classical Economics Reconsidered book.

The reissue of this book twenty years after its original publication is a tribute to the enduring relevance of the questions raised during the formative period of economics and to the skill with which the author analyzes them. Издательство: Princeton University Press.

Thomas Sowell on Classical Economics does this in spades. His writing style is clear and without condescension. If you are looking for a book that explains current economic cycles or events, this is not for you. This book will give you the background to understand what is going on, but that is not the purpose of this particular book. This is your adult economic course condensed. For current insight, try Basic Economics, or Wonder Why, both from Thomas Sowell.

Princeton University Press, 1994 - 152 sayfa. The reissue of this book twenty years after its original publication is a tribute to the enduring relevance of the questions raised during the formative period of economics and to the skill with which the author analyzes them

Thomas Sowell has studied and taught economics, intellectual history, and social policy at institutions that include Cornell .

Thomas Sowell has studied and taught economics, intellectual history, and social policy at institutions that include Cornell University, UCLA, and Amherst College.

Rent Classical Economics Reconsidered at Chegg. Classical Economics Reconsidered. ISBN13 9780691003580. com and save up to 80% off list price and 90% off used textbooks. More Books . ABOUT CHEGG.

Published by Basic Books, A Member of the Perseus Books Group. For information, address Basic Books, 250 West 57th Street, 15th Floor, New York, NY 10107.

This reconsideration of the macroeconomics, microeconomics, methodology, and social philosophy of the classical economists has been a small gem on the history of economic thought, written in a way accessible to students, while having much to teach scholars. The reissue of this book twenty years after its original publication is a tribute to the enduring relevance of the questions raised during the formative period of economics and to the skill with which the author analyzes them.


Reviews about Classical Economics Reconsidered (4):
Daigami
This is not a long book. In fact, I believe you can buy this with "On Classical Economics" as it forms the first four chapters of that book. But it's a good one. It definitely requires a grounding in economics or you will quickly be in over your head with all of the jargon and concepts, and the more you are acquainted with classical economics the better. It helps to read Todd Bucholz' New Ideas From Dead Economists, which is a history of economic thought from Smith to Rational Expectations theory, and it doesn't hurt to read some classical economics. What makes this book important is how many myths it dispels about the classical economists and classical economics, and how it concisely lays out their differences. I gained a newfound respect for Malthus from this book, and my respect for Ricardo actually shrunk a tad. I was introduced to economists I'd never heard of but who made important contributions, I learned that the "labor theory of value" doesn't really mean what I thought it did (Sowell helped me out by pointing out Smith's inconsistencies, which are numerous in Wealth of Nations), and frankly I saw how many of the concepts in economics which I thought of as being marginalist, neoclassical, or otherwise post-classical, can indeed be found in the classical economists.

So, for econ nerds, especially those of you who aren't as well-versed in classical economics as you should be, this is a great book, whose densely-packed insights belie the small number of pages.
Adoraris
Great read for establishing the theories of the classical economists.
CONVERSE
Thomas Sowell (born 1930) is an economist, social theorist, political philosopher, columnist, and author (known particularly for his books on race and economics, such as Black Rednecks and White Liberals,Race And Culture: A World View,Ethnic America: A History, etc.), who has long been associated with the Hoover Institution at Stanford University.

He wrote in the Preface to the 1994 reprint of this 1974 book, "For a slim volume of four essays to survive for more than a decade, and then to be re-issued 20 years after its original publication, is not simply a matter of personal gratification for the author but, more importantly, a tribute to the continuing vitality of the enduring questions addressed by the classical founders (Adam Smith, David Ricardo, Thomas Malthus, and Jean-Baptiste Say) of economics."

Karl Marx was the one who coined the term, "classical economists," but John Maynard Keynes' use of the term (in his The General Theory of Employment, Interest, and Money) is perhaps the most famous. But Sowell argues that there were "serious questions" raised as to whether ANY economists "had ever believed the things attributed by Keynes to the 'classical economists.'" (Pg. 5)

Sowell observes that although Ricardo and James Mill served briefly in Parliament, "they were essentially anti-politicians in a political institution, and their distaste for it was apparent." (Pg. x) He also notes the participation of these economists in progressive movements of their day: e.g., schools for the poor, birth control, and child labor laws. (Pg. 29)

He states that Malthus, Ricardo, and Mill "all recognized that any specific, empirical measure of value was arbitrary, and ultimately had to be justified by its usefulness rather than its logic alone." (Pg. 102)

Sowell's book (his second; written long before his more famous books of later times) seems more like an "academic" work (e.g., like something written in pursuit of a graduate degree), but it is nevertheless an interesting survey of these thinkers---even if the insights it gives into Sowell's own ideas is rather minimal.
Malara
This man's depth of knowledge is amazing and this book does a great job of diving even deeper into the thoughts of the Classical Economists. I found that he seemed to focus more on Ricardo and Marx than Adam Smith but Sowell's ability to make difficult concepts understandable is his real strength. Not that he "dumbs down" concepts, but it's the way he circles around and completes the relationship between economists that is impressive. This book isn't for the novice reader but if you are seriously interested in the "wisdom" of the classics, this is a book for you.

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