By Lionel Robbins,Steven G. Medema,Warren J. Samuels,William J. Baumol
Lionel Robbins's now well-known lectures at the historical past of monetary concept include one of many maximum money owed when you consider that international struggle II of the evolution of monetary principles. This quantity represents the 1st time these lectures were published.
Lord Robbins (1898-1984) used to be a remarkably comprehensive philosopher, author, and public determine. He made vital contributions to financial thought, method, and coverage research, directed the commercial portion of Winston Churchill's struggle cupboard, and served as chairman of the Financial Times. As a historian of monetary rules, he ranks with Joseph Schumpeter and Jacob Viner as one of many most desirable students of the century. those lectures, brought on the London tuition of Economics among 1979 and 1981 and tape-recorded by means of Robbins's grandson, reveal his mastery of the highbrow heritage of economics, his infectious enthusiasm for the topic, and his eloquence and incisive wit. They hide a extensive chronological diversity, starting with Plato, Aristotle, and Aquinas, focusing widely on Adam Smith, Thomas Malthus and the classicals, and completing with a dialogue of moderns and marginalists from Marx to Alfred Marshall. Robbins takes a assorted and inclusive method of highbrow historical past. As he says in his first lecture: "I shall pass my very own candy way--sometimes discuss doctrine, occasionally speak about folks, occasionally speak about periods." The lectures are united by means of Robbins's conviction that it really is most unlikely to appreciate appropriately modern associations and social sciences with out knowing the guidelines in the back of their development.
Authoritative but obtainable, combining the immediacy of the spoken be aware with Robbins's unparalleled expertise for transparent, well-organized exposition, this quantity may be welcomed by way of an individual attracted to the highbrow origins of the trendy world.
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A History of Economic Thought: The LSE Lectures by Lionel Robbins,Steven G. Medema,Warren J. Samuels,William J. Baumol