The new edition of this classroom classic retains the organizing theme of the original text, presenting the development of thought within the context of economic history. Economic ideas are framed in terms of the spheres of production and circulation, with a critical analysis of how past theorists presented their ideas.

chapter 1|20 pages


chapter 2|17 pages

Economic Ideas Before Adam Smith

chapter 3|25 pages

Adam Smith

chapter 4|26 pages

Thomas Robert Malthus

chapter 5|34 pages

David Ricardo

chapter 6|28 pages

Rationalistic Subjectivism: The Economics of

ByBentham, Say, and Senior

chapter 7|21 pages

Political Economy of the Poor: The Ideas of

ByWilliam Thompson, Thomas Hodgskin

chapter 9|45 pages

Karl Marx

chapter 10|39 pages

The Triumph of Utilitarianism: The Economics of

ByJevons, Menger, and Walras

chapter 12|31 pages

Thorstein Veblen

chapter 13|24 pages

Theories of Imperialism: The Writings of Hobson,

ByLuxemburg, and Lenin