The Genesis Of Macroeconomics: New Ideas from Sir William Petty to Henry Thornton - Couverture souple

Murphy, Antoin

Couverture souple

ISBN 10 : 0199543232 ISBN 13 : 9780199543236

Editeur : Oxford University Press, U.S.A., 2008

Synopsis

Book by Murphy Antoin E

A propos du livre

Présentation de l'éditeur :

This is a book about the discovery of macroeconomic ideas and concepts long before the term macroeconomics had been coined. The cast of authors varies from doctors and physicians (Sir William Petty and François Quesnay), to philosophers (David Hume and Adam Smith), to bankers (Richard Cantillon and Henry Thornton) to Prime Ministers of France (John Law and Anne Robert Jacques Turgot). These authors had very rich and varied careers and the book invites readers to imagine specific moments in their careers that influenced both their lives and their writings. Building on these events the contributions of each author are outlined and discussed. Examination of their writings show that by the start of the nineteenth century they had left a rich legacy of macroeconomics ranging from the analysis and measurement of national income, the depiction of the circular flow of income, the debate on the role of money in the economy, the way to model the economy, the importance of labour, land and capital, the role of entrepreneurship, the Central Bank as a lender of last resort, and much more.

Présentation de l'éditeur :

This is a book about the discovery of the great macroeconomic concepts and ideas by a group of very exciting people between the late seventeenth and early nineteenth century. The writers concerned included the anatomist Sir William Petty; John Law a convicted Scottish murderer who became Prime Minister of France; Richard Cantillon, a multi-millionaire banker apparently murdered in London in 1734; the Scottish philosopher, David Hume; the French writer, François Quesnay, personal physician to the King's mistress, Madame de Pompadour; the former seminarian and future Prime Minister of France, Anne Robert Jacques Turgot; the author of the Wealth of Nations, Adam Smith; and Henry Thornton, who, along with William Wilberforce, was instrumental in having Parliament legislate against the slave trade. The book shows how these economic writers discovered many of the key concepts of macroeconomic theory long before the term macroeconomics gained currency in the 1930s.

À propos de cette édition

• Éditeur: Oxford University Press, U.S.A.
• Date d'édition: 2008
• ISBN 10: 0199543232
• ISBN 13: 9780199543236
• Reliure: Paperback
• Nombre de pages: 248