ABSTRACT

Recently, students and scholars have expressed dissatisfaction with the current state of economics and have called for the reintroduction of historical perspectives into economic thinking.

Supporting the idea that fruitful lessons can be drawn from the work of past economists, this volume brings together an international cross section of leading economists and historians of economic thought to reflect on the crucial role that money, crises and finance play in the economy. The book draws on the work of economists throughout history to consider afresh themes such as financial and real explanations of economic crises, the role of central banks, and the design of macroeconomic policies. These themes are all central to the work of Maria Cristina Marcuzzo, and the contributions both reflect on and further her research agenda.

This book will be of interest to researchers in the history of economic thought, and those who wish to gain a deeper understanding of the variety and diversity in approaches to economic ideas throughout history.

part I|2 pages

The working of a monetary economy

chapter 2|12 pages

Money, value and the division of labour

Galiani and Marx

chapter 6|15 pages

Sismondi as a critic of Ricardo

On rent, Corn Laws and methodology

chapter 10|14 pages

An input-output model for the Tableau Économique

The emergence of a theory of effective demand

part II|2 pages

Perspectives on macroeconomics in our century

chapter 12|15 pages

Keynes as a planner and negotiator

chapter 15|16 pages

Learning from the past

Two stories of successful state intervention in capitalism

chapter 17|13 pages

The flaw in 20th century macroeconomic thought

The general equilibrium benchmark