This setting lets you change the way you view articles. You can choose to have articles open in a dialog window, a new tab, or directly in the same window.
Open in Dialog
Open in New Tab
Open in same window

Journal of Economic Literature - Book Review

JEL Volume. 49, Issue 3 | leftPrevious Review Next Review right

Expand

Quick Tools:

Print Article Summary
Sign up for Email Alerts Follow us on Twitter Subscription Information
(Institutional Administrator Access)

Explore:

JEL - All Issues

JEL Forthcoming Articles JEL Indexes (Members Only)
Book(s) Reviewed

Economics Evolving: A History of Economic Thought by Agnar Sandmo

Published By: Translation. Princeton and Oxford: Princeton University Press
ISBN: 978-0-691-14063-6, cloth; 978-0-691-14842-7, pbk.
Date of Publication: 2011


Book Review Detail

Reviewed by: William J. Baumol of New York University and Princeton University
Review DOI: 10.1257/jel.49.3.719.r6
Review Pages: 728-30

Book Review Abstract

William J. Baumol of New York University and Princeton University reviews "Economics Evolving: A History of Economic Thought" by Agnar Sandmo. The EconLit Abstract of the reviewed work begins "Revised and expanded English translation of Samfunnsokonomi--en idehistorie (2006). Presents a history of economic thought from the late eighteenth century to the 1970s. Discusses a science and its history; before Adam Smith; Adam Smith; the classical school--Thomas Robert Malthus and David Ricardo; consolidation and innovation--John Stuart Mill; Karl Marx as an economic theorist; the forerunners of marginalism; the marginalist revolution--William Stanley Jevons, Carl Menger, and Leon Walras; Alfred Marshall and partial equilibrium theory; equilibrium and welfare--Francis Ysidro Edgeworth, Vilfredo Pareto, and Arthur C. Pigou; interest and prices--Knut Wicksell and Irving Fisher; new perspectives on markets and competition; the great systems debate; John Maynard Keynes and the Keynesian revolution; Ragnar Frisch, Trygve Haavelmo, and the birth of econometrics; the modernization of economic theory in the postwar period; further developments in the postwar period; and long-term trends and new perspectives. Sandmo is Professor Emeritus of Economics at the Norwegian School of Economics and Business Administration. Index."


Book Review Full-Text Access



Book Review Authors

William J. Baumol of New York University and Princeton University


JEL Classifications

B00: History of Economic Thought, Methodology, and Heterodox Approaches


Journal of Economic Literature


Quick Tools:

Sign up for Email Alerts

Follow us on Twitter

Subscription Information
(Institutional Administrator Access)

Explore:

JEL - All Issues

JEL - Forthcoming Articles

Virtual Field Journals


AEA Member Login:


AEAweb | AEA Journals | Contact Us